Fastest Sportsbook Payouts October 2024

As sports bettors, we all want to claim our well-earned winnings quickly after a successful wager. Too often, punters are hit with extended withdrawal times — often up to 5 working days and beyond — with no option but to wait it out.

This guide seeks to remedy the issue of slow payouts. Here, I cover the fastest online sportsbooks when it comes to transferring earnings from your account wallet to a bank account. From popular big hitters to niche picks, all kinds of sports betting sites get a look-in.

Comparing Fastest Payout Sportsbooks

Modern online betting sites give bettors several rapid payment options to choose from, with e-wallets, card transactions, and bank transfers standing as the 'Big Three'. As with all things, though, some sportsbooks simply do withdrawals better than others. 

See below for a quick breakdown of the average payout times on US sports betting sites and catch a glimpse of some lightning-quick payment options.

Fastest Payout Sportsbooks for 2024

Online sports betting sites should strive to provide bettors with simple, accessible, and fast payout methods. The nation's most impressive sportsbooks are ahead of the curve in this regard – with many popular picks proving consistent in their ability to supply efficient payment timeframes. 

Check out which gambling sites boast the fastest payouts in 2024 in the list below. 

BetMGM Sportsbook

The self-proclaimed 'King of Sportsbooks' has struck gold with its list of withdrawal options. Packing the likes of Visa, Mastercard, Venmo, PayPal, and more, BetMGM delivers fast payouts following an internal review of 3 to 5 days. In my experience, BetMGM tends to process payments long before the 5-day window elapses – with 1 to 2 days serving as a more realistic timeframe. 

Withdrawing money from BetMGM couldn't be much easier, either. Just open the banking area of the site, select 'Withdraw', and pick a method to use. Venmo, PayPal, and Visa are mooted as the fastest payout methods, with Mastercard and Apple Pay trailing not too far behind. Enter a withdrawal amount once you're happy with the method you've picked, then confirm the transaction. 

It should be noted that BetMGM may merge separate withdrawals into one transaction if the initial transfer is yet to be processed when the second request is made. Refer to the list below for a detailed look at the payout times available at BetMGM following the processing period. 

• Visa - Instant
• Mastercard - Instant
• PayPal - Instant
• Venmo - Instant
• Apple Pay - Instant
• VIP Preferred - Up to 3 business days
• Instant Banking - 2 to 4 days
• Online Banking - 2 to 4 days
• Play+ Prepaid Card - 24 hours
• Check by Mail - 7 to 21 days

BetRivers Sportsbook

BetRivers is a simple sportsbook but in a good way. The operator maintains a noticeably short list of options to withdraw funds with – each boasting solid transaction speeds. My favorite of the site's payment methods is PayPal due to its ease of use and design, but Venmo stands as a close second. Both e-wallet online banking methods support sub-24-hour withdrawals.

Speaking of quick withdrawal methods; BetRivers' Play+ Prepaid Card. This pick offers instant payouts following a short processing period, making it one of the hottest prospects across all sports betting sites. 

You can withdraw funds by opening the banking area. View the sidebar to select your preferred method with which to create a withdrawal request, and then input the amount of cash you wish to transfer. You'll even get an estimated timeframe as to when you'll receive your funds at the top of the screen. Next, confirm your withdrawal and wait for the money to arrive in your bank account. 

Here's a look at how quickly you'll receive your money after BetRivers' sportsbook processing period.

• Play+ Card - Instant 
• PayPal - 30 minutes 
• Venmo - 30 minutes
• Online Banking/ACH - 2 to 5 business  days
• Trustly ACH - 2 to 5 days
• Check - 10 to 14 business days

Fanduel Sportsbook

One of the biggest sports betting sites in the US caters to users seeking fast withdrawal methods with a unique take on the entire withdrawal process. Unlike competitors who simply list payment methods in an undefined and seemingly random manner, FanDuel sportsbook divides its payment options into two categories.

The first is a normal payout area, and the second is a 'Fast Withdrawal' area. Within the 'Fast Withdrawal' heading, you'll find Venmo, PayPal, and Trustly, as well as Visa and Mastercard debit cards as viable options. All options under this category come with 24-hour turnaround times when it comes to transferring funds. 

You can submit a withdrawal request on FanDuel by selecting the 'Account' tab and opening 'Withdraw'. Choose a method to use from the list of 'Fast Withdrawal' methods or 'Other Withdrawal Methods', and then enter the amount of money to transfer. See the list below to find out how quickly you'll receive withdrawn funds on FanDuel. 

• Mastercard - 24 hours
• Visa - 24 hours
• PayPal - 24 hours to 48 hours
• Venmo - 24 to 48 hours
• Online Banking - 3 to 5 days
• Prepaid Play+ Card - 24 hours
• Check - 7 to 10 days
• Trustly - 1 to 5 days

Draftkings Sportsbook

DraftKings is home to a great many withdrawal methods, with 9 online options open to users of the betting site. The platform is also a purveyor of cash at the cage – an in-person withdrawal option where users collect funds by visiting a retail sportsbook.

Of the payment options available on the online sportsbook, I'm a fan of Apple Pay, Trustly, and debit card transactions. The operator notes that all three support 1 day transaction times, while PayPal and Bank Wire Transfer take around 2 days for payments to go through. 

As for processing a withdrawal at the sports betting site – it's relatively simple. Just open your account area and select 'Withdraw', and then ensure that the DraftKings product you're withdrawing from is the 'Sportsbook & Casino' before inputting an amount to transfer. The site will tell you which online banking options are available along with withdrawal estimates for each method. Pick the one best suited to your needs. Lastly, confirm your DraftKings withdrawal request. 

• Online Banking - Up to 5 days
• VIP Preferred e-Check - Up to 3 days
• PayPal - Up to 2 days
• Debit Card - 1 day
• Venmo - Up to 2 days
• Play+ Prepaid Card - Up to 4 days
• Trustly Verified Withdrawals - 1 day
• Apple Pay - 1 day
• Checks - 7 to 10 business days
• Bank Wire - Up to 2 days

Hard Rock Bet 

Available in Florida, New Jersey, Tennessee, Ohio, Virginia, Arizona, and Indiana, Hard Rock Bet serves millions of players across the US. With such a vast number of players relying on the website, a certain level of expectation weighs on Hard Rock Bet – with bettors demanding the fastest sportsbook payouts possible. 

And, according to the site's estimates, Hard Rock Bet delivers in a major way. Most of the platform's withdrawal methods support 24 to 48 hour turnarounds for transactions while the remaining options offer processing speeds of between 1 and 5 days. Alternatively, collect cash at the cage within 24 hours of submitting a request. 

You can submit a withdrawal request on Hard Rock Bet by opening the 'Balance' area of your account and then selecting 'Withdraw'. Pick your withdrawal method from the list of available options, input an amount of money to transact, and confirm your transfer. As processing speeds are pretty impressive here, you should receive funds in line with the timeframes stated below.

• ACH - 3 to 5 business days
• PayPal - 24 to 48 hours
• Venmo - 24 to 48 hours
• Play+ Card - 24 to 48 hours
• Check - 5 days
• Cash at the Cage - Within 24 hours

Caesars Sportsbook

Caesars Sportsbook is a premium-feeling brand with a top-class selection of payment methods at your disposal. The sports betting site dishes out 7 withdrawal methods in total, spanning the likes of Interac e-Transfer, Venmo, PayPal, debit cards, and the increasingly popular Play+ Card. 

On top of fast payouts, Caesars Sportsbook supports $1 withdrawals across each of its branches. This is significantly better than many other betting sites in the US – with a large portion of operators forcing users to withdraw upwards of $10 at minimum.

To withdraw money from Caesars, open the sports betting site and select the banking area. Choose from any of the listed payment methods, then input how much money you'd like to move out of your Caesars account wallet. The entire process should take no longer than a couple of minutes, and, once complete, you'll receive your funds within a handful of days at most. 

• Credit & Debit Card - 1 to 3 days
• Play+ Prepaid Card - 1 to 3 days
• VIP Preferred eCheck - 1 day
• Online Banking - 1 to 5 days
• PayPal - 1 day
• Venmo - 1 day
• Interac e-Transfer - 1 to 3 days
• Bank Wire Transfer - 1 to 5 days
• Apple Pay - 1 day

Borgata Sportsbook

Your one-stop shop for all things live streaming and in-play now serves up a wide array of payout methods. Among the fastest options on Borgata Sportsbook are debit card transactions, PayPal, Venmo, and Play+ Prepaid Cards – with other methods catering to audiences willing to wait an extra day or two. 

Although Borgata sportsbook refrains from hiding its proposed 3 to 5 day internal processing period, experience tells us that this timeframe is actually much quicker than stated. As such, you should expect transactions to process as described in the list below.

Before digging into the list of payout methods on Borgata, I'll explain how to withdraw money from the website. First, open your account menu and visit the 'Cashier'. From here, you should click on 'Withdraw', and then type the amount of money you plan on transferring in the field provided. When you're happy with the transaction, hit 'Submit'. 

The payout process works in much the same way no matter which method you use. Refer to the list below for more. 

• Visa - 24 hours
• Mastercard - 1 to 3 days
• PayPal - 24 hours
• Venmo - 24 hours
• Apple Pay - 1 to 3 days
• VIP Preferred - 2 to 4 days
• Online Banking - 2 to 4 days
• Instant Banking - 2 to 4 days
• Play+ Prepaid Card - 24 hours
• Check by Mail - 7 to 21 days
• Casino Cage - Within 12 hour

Best Withdrawal Methods for the Fastest Payout

Make no mistake, some withdrawal options are better than others. All sorts of factors come into the equation when considering the best payout method – but we can break the most important elements down into three parts: accessibility, cost, and speed. 

Here, I discuss three of the best online banking methods to look for when attempting to withdraw funds from betting sites. 

PayPal 

Founded on the cusp of a new century, PayPal is now heralded as one of the most important payment systems in the world. The entire operation takes place online, with Paypal betting sites throughout the nation eager to add the e-wallet to their list of payment options. 

PayPal meets all three crucial elements when it comes to withdrawing funds. It's free to use, accessible to anyone with a smartphone, and generally processes transactions within 24 hours. This is in contrast to more traditional payout methods — like checks — which can have users waiting on withdrawn cash for weeks. 

Just download the PayPal app to your iOS or Android device and link the e-wallet to an online banking service. Once connected to a valid bank account, you can use PayPal to transfer funds out of your sports betting wallet for free. 

Skrill

Another method on the up at online sportsbooks is Skrill. This payout method claims to offer quicker withdrawals than your favorite bank...and after some experimenting with the platform, I can see why the service is so confident in its ability. 

The only issue is this: Skrill remains available in limited fashion at sports betting sites. Despite rave reviews from sports bettors, we're yet to see a true push from the payment provider in the US. As things stand you can access Skrill on Bet365 and ESPN Bet, but scarcely elsewhere. 

Nevertheless, the fact that Skrill carries 24-hour payout speeds and accepts a wide scale of transactions bodes well for the future. Expect to see this online-only payout method added to more US sportsbooks very soon. 

Venmo

A mainstay in US culture, Venmo's addition to the online betting scene has been met with positivity from operators and sports bettors. Typically used to split bills and send money to friends, the internet-based payment system recently expanded its services to support online sportsbook withdrawals. 

Now, you can access Venmo through Caesars, Borgata, DraftKings, FanDuel, and more – with players allowed to withdraw funds within 24 hours. 

Worst Banking Methods at Fast Payout Betting Sites 

In the same way that the best online sportsbooks accept withdrawals via rapid methods, some banking options are decidedly slow. Most payout methods of this ilk process transfers within 3 to 5 days – but some withdrawal requests might not go through for a couple of weeks or more. 

A full list of the worst methods for online sportsbook payouts can be found below:

• Checks - Up to 21 days
• Bank Transfers - Up to 5 days
• Mastercard - Up to 3 days

Tips to Avoid Withdrawal Delays?

As long as everything is in order with your account, payout speeds listed at online sportsbooks are accurate. To avoid unnecessary delays, follow the tips outlined in this section. 

Verify Your Identity

Some online sportsbooks let you deposit and wager before verifying your identity. Betting sites aren't quite so lenient when it comes to withdrawing funds, though, and access to the Cashier is generally limited to deposits until your account is verified. 

To verify your identity, submit photos of a driver's license, passport, ID card, or utility bill. Failure to carry out these additional verification steps will see attempts to withdraw funds stall at the first hurdle – so it's worth your time to get it over and done with as soon as possible.

Withdraw Using a Deposit Method

Hidden in the terms and conditions of some online sportsbook platforms is a rule restricting users to only withdraw cash using a method already used to deposit. You can steer clear of such an issue by transferring money out of your sportsbook account with a deposit option you've previously used. 

Withdraw Funds During Quiet Periods

Sportsbooks are subject to busy and quiet periods, just like any other business. In fact, the main reason behind the 3 to 5 day processing time for withdrawals is the sheer volume at which other users submit withdrawal requests.

By sending a payout request outside of busy hours or away from major sporting events, you're more likely to get your money quickly. It's a simple equation, really; the more time staff have to process withdrawals, the faster you'll get your money. 

Complete Wagering Requirements

Most bonuses come with wagering requirements that must be played through before you can withdraw funds. Online sportsbook platforms take these rules very seriously, and in some instances, attempts to withdraw cash before completing wagering conditions will see the bonus voided and the withdrawal canceled. 

Make your way through wagering requirements before trying to withdraw and you'll never have to worry about this issue cropping up. 

Know Your Payout Limits 

Minimum and maximum withdrawal limits are attached to most payout methods at reputable online sportsbooks. Always read up on the latest withdrawal rules before depositing funds to avoid disappointment. Nothing is worse than adding $10 to your account only to realize that minimum withdrawals start at $15. 

As a general rule of thumb, look at withdrawal limits first, and deposit caps second. 

Why Fast Payout Betting Sites are Important

There's no two ways about it: your money is yours, even if it's being held at an online sportsbook. For this reason, you should be allowed to access funds quickly and without any hassle.

Fast payout betting websites eliminate all concerns surrounding when you'll get your funds. A quick glance at payout timeframes for PayPal, Visa, Venmo, and other options tells us that some sites deliver money within 1 hour on a good day – a vast improvement on the several days of waiting seen while moving funds via bank transfer.

Sign up at one of the fastest paying sportsbooks and you'll notice a difference immediately. 

Fastest Sportsbook Payouts FAQ's