
Of all the features I focus on at online sportsbooks, one of the most important is a betting site’s withdrawal time. If I win a bet, I want to know I can get the money as quickly as possible. Different payment methods include e-wallets, cards, and digital options such as Apple Pay.
I’ll cover those in this guide, along with considering the importance of withdrawal times and how they can impact your experience of a betting site. I’ll help make sure you can appreciate a smoother betting experience.
Firstly, each method will have a different timescale when it comes to requesting a withdrawal and actually receiving it in your account. You can also expect differences depending on the individual betting site, even if you’re looking at a pair of Trustly betting websites, for example. That’s because there are two stages to each withdrawal:
There’s not much you can do about the second aspect, other than to make sure you pick an option that’s as fast as possible – and one that’s convenient for you. However, the first aspect will vary hugely depending on which sportsbook you choose. Some focus on processing all withdrawal requests as quickly as possible. Those are the platforms you should focus on, whether you’re after Google Pay betting sites or crypto sportsbooks.
I’ve visited plenty of online sportsbooks, and they certainly all vary when it comes to withdrawal options. Most cover several categories though, so let’s go through those now.
PayPal is arguably the biggest – and it’s the one I tend to use – but you can also find Neteller betting sites and ecoPayz bookmakers online today, as those e-wallets are both familiar and popular with many users.
I’m referring to debit cards here rather than credit cards, since those will either be unavailable for withdrawals or incur sizable fees. You can find betting sites with Mastercard and Visa withdrawals, but as always, you should check whether you can use a debit card for this purpose.
Yep, I’m talking about Apple Pay and Google Pay, both of which have become more mainstream in recent years. There are many more betting sites with Apple Pay now than there were even a year or two ago. These options are best if you tend to visit a sportsbook via your smartphone or tablet, since you can deposit and withdraw quite easily via these methods when on a mobile device.
I’ve picked a few here that often (but not always) turn up at sports betting sites. I’ve found other possibilities too, including withdrawals to your bank account. However, those tend to be among the slower options you can choose from, with a wait of between three and five days to receive your funds. For fast e-wallet payouts, I recommend that you stick to PayPal betting sites.
| Withdrawal Method | Type | Predicted Time for Completion of Withdrawal |
|---|---|---|
| PayPal | E-wallet | Often within 24 hours |
| Apple Pay | Digital wallet | Often within 24 hours |
| Venmo | E-wallet | Often within 24 hours |
I’ve found that it’s not just a matter of picking the fastest method – there are a few other things to consider too. I’ve provided you with details of those here.
If you’re trying to decide which sportsbook to sign up for, check the available methods for deposits and withdrawals to help you figure out which is best. I think it’s easier to join a site that supports a method you’ve already got access to, for example. That is why many gamblers chose betting sites that accept credit cards – it’s just for familiarity and simplicity’s sake.
I much prefer this, otherwise I need to manage two methods. In many cases, sites prefer you to select the same method for withdrawals as you use for deposits. You cannot do this at Paysafecard betting sites, because this banking option is for deposits only.
This is crucial – and there can be some variation here. Does the sportsbook process requests 24/7 or do they offer limited hours – with nothing doing over the weekend? This can influence how long it takes to get your withdrawal. Having fast processing times at the sportsbook is a real bonus, especially at bank transfer and Visa betting sites, and most sites that offer this service tend to point it out. You’ll find reviews of some leading sportsbooks here, so you can see which ones tick this particular box.
In many cases, it’s not the sportsbook that will charge a fee – it’s the operator of the method you choose. Alternatively, there could be charges to send those funds elsewhere. For example, some e-wallets will charge you to send funds to your bank account if you decide to do that. This also adds an extra stage to the process. If minimal fees are your priority, you should consider crypto betting sites. They have near-zero fees on all transactions because no banking middlemen are involved in the process.
Did you know there are several ways you can inadvertently slow down your betting site’s withdrawal time? All timings depend on there being no hitches taking place. There are a few things that can slow down the process from your side, so let’s cover those here.
If you have signed up to a reputable sportsbook, you will need to verify your age, identity, and address before you can use it. I tend to do this upfront, just to complete the process and get it done early. I did once neglect to do it at this stage, which meant waiting for confirmation of my documents before I could withdraw anything. I did get there eventually, but it’s best to sort this out first, so you don’t extend the betting site’s withdrawal time.
Now, you do need to live in an approved state or country to use certain sportsbooks. I use a VPN for various reasons, although I don’t use it all the time – and I certainly don’t use it when visiting and using the sportsbooks I’ve signed up to. This is important, because if I was using a VPN and I attempted to withdraw funds from my sportsbook account, it would likely flag that I appear to be somewhere I’m not. This can delay the withdrawal, so just check this ahead of using any of the available sports betting withdrawal options available.
This could be the wrong address at a Skrill betting site, even if it’s just a typo. Take a moment to double-check everything you have entered, just to be triple sure you haven’t made any mistakes. It’s way easier to do than you might think.
The best sportsbooks for payment variety aren’t just about throwing as many banking options at you as possible. The withdrawal speed also matters, as does the balance between methods offered for withdrawals and for deposits. I’ve also found it easier to use methods I am familiar with and regularly use, rather than needing to sign up for a new service. Fees are important too, where they are charged, so compare the options to find out which withdrawal option will work best for you. And remember to ensure all your details are spot on as well.
E-wallets are generally among the fastest methods you can use, with PayPal often processing withdrawals well inside 24 hours.
This can vary, as the methods provided by each site will influence how easy it is to complete the withdrawal process. It also depends on making sure all your personal information is up to date and verified as required by the sports betting site.
Individual betting sites will provide a mix of options to choose from to receive your funds. Some offer more than others, although bank transfers and certain e-wallets should be among the options.
This depends on the individual site. Some only take an hour or two, perhaps longer at busy times, while others may take a day or two to complete processing. You then need to wait the allotted time to receive your withdrawal to whichever method you have selected.
The first thing to do is to check with the sportsbook you’re using. It could be that they have a delay. If they have processed the withdrawal, you should receive it in your designated account for withdrawals once completed.
No, Skrill and Neteller are usually barred from sportsbook bonus participation because they make promo abuse easy. Otherwise, check the terms and conditions for exact bonus rules regarding your preferred payment method.