We have tested fast withdrawal betting sites and several withdrawal options in the U.S., creating this guide to the fastest payout betting sites.
As online sportsbooks expand and offer more deposit and withdrawal options, it only benefits the players to decide how they want their funds handled. Our list currently provides some of the fastest sportsbook payouts available in the U.S., but we will keep updating it to reflect any changes.
For many players, instant payouts are essential for an online betting sports experience. Every sportsbook is prepared to take your money when you initiate a deposit quickly, but not all are equal regarding withdrawal speeds. When you hit a big win, it’s natural to want a fast payout to secure your funds as soon as possible.
Players prefer playing at sportsbooks with fast, efficient, and safe banking methods. No one likes to wait for their winnings, and bettors will return to online platforms that release them quickly.
All payouts must undergo verifications and approval, a legal requirement in all states that offer regulated online sports betting.
Therefore, a fast payout has safely sped up or automated this process, approving payments without unnecessary delays. That means you’ll securely receive your funds using your chosen method promptly.
Through our testing, we found that debit card withdrawals and VIP expedited withdrawals provided the fastest payout times. The payment withdrawal we suggest for instant payouts to sports bettors is debit card withdrawals. We've found this method to be the fastest across each significant betting site.
The quickest turnaround for receiving your money at an online betting site is typically by withdrawing it using the same debit card you deposited it with. Depending on the online sportsbook, this could take a few hours or days.
PayPal is another solid option, but the funds move quickly to your PayPal account before you have to decide to instantly transfer them to your bank account for a fee or wait 3-5 more days for it to hit your account with a standard withdrawal.
BetMGM's debit card withdrawal is the fastest payout available for the general population. Outside of a sportsbook’s VIP program, I have not seen instant payouts better than BetMGM Sportsbook’s debit card method.
After winning a wager, I requested a debit card withdrawal and received an email at 12:04 a.m. that BetMGM had received my request. It took just 41 minutes for the winnings to hit my bank account.
I did not have to request an expedited withdrawal, nor was I a BetMGM’s VIP program member, meaning this instant withdrawal option is available to everyone. The ease and speed of BetMGM’s debit card withdrawal make it the top option for players looking for fast payouts.
Runner-Up: Caesars
Some sportsbooks have VIP programs for players to join, which can feature numerous perks. One of those with DraftKings Sportsbook is the ability to request an expedited withdrawal. Simply ask your VIP agent to expedite a withdrawal, and once it’s approved, the money can be within your account minutes after your initial request.
This is the fastest overall withdrawal I’ve encountered with online sports betting, and luxury VIP members should take advantage of it.
DraftKings also offers debit card withdrawals, but I’ve always used bank withdrawals with the expedited option since those have been instantaneous.
A DraftKings PayPal withdrawal took just over 25 hours for the funds to hit my account. DraftKings lists PayPal withdrawals as taking 3-5 business days, so the sportsbook beating that by two days is a welcome surprise for customers.
Runner-Up: FanDuel
bet365 Sportsbook is one of the more popular gaming brands worldwide. It has started to make its way to the United States, with more states introducing legalized sports betting markets. For deposits, the sportsbook offers debit and credit cards, PayPal, online banking, and cash with PayNearMe.
I requested a withdrawal from bet365 on Saturday to the same online bank account I used with my debit card to deposit. The funds were already in my account on Monday, meaning I took just one business day to get my winnings. My bank typically doesn’t process transfers over the weekend, so this was the soonest I expected to get the withdrawal.
Overall, I was impressed with bet365’s withdrawal speed.
bet365 allows users to cancel the ability to reverse withdrawals. This means once you elect to process a withdrawal, you can’t cancel it to have the funds back in your sportsbook account. It's a good thing anytime a sportsbook gives its players more control over their money, and I feel more sportsbooks should add this feature.
Runner-Up: Circa Sports
Fanatics Sportsbook has recorded the fastest withdrawal from an online sportsbook. At 10:12 a.m., a PayPal withdrawal was requested, and the funds were in the account in just 23 minutes.
Of course, then there’s the issue of waiting for a standard withdrawal or doing an instant one, but as far as getting your funds to you, this was the fastest instance I saw out of the betting sites and while using this method.
Runners-Up: DraftKings
Caesars is considered one of the best sports betting sites in the U.S.; it also offers a reliable and fast debit card withdrawal option. When using the debit card withdrawal option, Caesars Sportsbook takes a little over an hour to confirm your request and a day to transfer the funds into your account, making it one of the fastest sportsbook withdrawals you can find.
I initiated the withdrawal at 9:15 p.m. I received an email confirmation 77 minutes later that the transaction had been reviewed by Caesars’ internal teams and sent to the payments vendor to be transferred to my account.
The funds were posted to my account by the next day, making Caesars Sportsbook one of the fastest debit card withdrawal sports betting sites on our list.
FanDuel states that online banking withdrawals can take 3-6 business days. This could create a long wait if you initiated a withdrawal on Friday, leaving the possibility you wouldn’t get your funds for over a week. Personally, I’ve never had a FanDuel online banking withdrawal take that long. The average payout speed is 3-5 business days.
FanDuel regularly processes PayPal withdrawals in its listed timeframe of 3-5 business days. Again, it's not bad, but I haven’t had any regular PayPal withdrawals come quicker than that, much less produce anything faster than DraftKings.
Like DraftKings, FanDuel Sportsbook has a VIP program for expedited withdrawals. The DraftKings program was much more efficient than the two major online sportsbooks. This may depend on who your VIP representative is.
For me, the DraftKings person I was put in touch with was routinely quick to respond and start the withdrawal process. In contrast, the FanDuel representative sometimes went days without responding, rendering any expedited withdrawal option useless since the withdrawal would process before he replied.
FanDuel and DraftKings both receive credit for having Venmo as a deposit and withdrawal option. Your funds in the popular payment app can be used on both sportsbooks, and you can also send your winnings to your Venmo account before transferring them to your bank or debit card.
e-Wallets include PayPal, Venmo, and Skrill. These are becoming increasingly popular for both sportsbooks to offer and bettors to use for a few reasons. The accounts are easy to set up, and you may already use them daily. The deposit and withdrawal times are incredibly fast, too.
PayPal has become one of the most common sportsbook payment options. Most sportsbooks offer PayPal as both a deposit and withdrawal method.
Your funds from payment apps like Venmo can be used in sportsbooks, and you can also send your winnings to your Venmo account before transferring them to your bank or debit card.
Debit and credit cards are other popular online banking options for sportsbooks. Visa and Mastercard debit cards are almost universally accepted online for deposits and withdrawals. Some platforms also accept Discover and American Express debit cards.
In fact, withdrawing to the same debit card you deposited with is the fastest option today.
Credit cards, on the other hand, aren’t as straightforward. Most sportsbooks accept Visa and Mastercard credit cards, and a select few also accept Discover and AmEx. It’s very rare, however, that you’ll find a sportsbook allowing credit card withdrawals.
Both debit and credit card withdrawals are reliable and well-vetted but can take 2-5 business days to process.
Bank transfers are also reliable banking options with online betting platforms. In this process, you’ll deposit and withdraw money as if writing a check electronically. Bank transfers (sometimes called wire transfers) use your bank account and routing numbers to move funds.
While this banking data keeps your money secure, it can often slow the process, taking up to 7 business days.
In reality, a few factors can affect how long it takes to process withdrawals and how quickly you receive your money.
Here’s a rundown of a few things to consider:
Hopefully, by now, you’ve realized that the withdrawal method you choose affects the speed with which you get your winnings. Some, like e-Wallets and debit cards, are designed to move faster. Others, like credit cards, eChecks, and bank transfers, are processing slower.
Your preferred withdrawal method will depend on your personal financial situation. Do you prefer instant access to your funds? Do you want them to go to a bank account? Do you prefer to have funds go into an e-Wallet instead?
A $100 withdrawal will typically process faster than if you hit some crazy bet or parlay for $10,000. Large amounts normally have to go through a more thorough review process, which could delay getting your funds.
But if you win big, it’s not a bad problem to have.
If you decide to withdraw money at 3 a.m., chances are it won’t be processed as quickly since the sportsbook may not be able to approve it.
For instance, when I inquired about a late-night withdrawal from DraftKings, I was told it would not be approved until 8 a.m. ET at the earliest, when the financials team started its workday.
You can ensure fast payouts by being prepared before placing your bet. When signing up or logging into your sportsbook account:
Rushing through this process can lead to delays or errors in your banking options.
Getting your winnings near-instantly is a great feeling, but knowing the dangers of problem gambling is essential. All sportsbooks want to get you your money as quickly as possible, but if you find yourself obsessing over when your money will hit your account or angry that it isn’t coming fast enough, your gambling habits may be becoming harmful.
The speed with which you get your money should never be considered a source of income nor to chase losses.
All of the sportsbook banking methods are reliable. That's the luxury of playing on a regulated and legal sportsbook. Players never have to worry about having their funds delivered and gaining access to their money. You should never use illegal or offshore betting platforms, as they don’t guarantee safety and security in your payouts—some have even been known to refuse payment. Since they are outside U.S. jurisdiction, you have no recourse if you don’t get your money.