Sportsbooks With The Fastest Payouts
Sportsbook payouts are an important part of picking a sportsbook, and the sportsbooks with the fastest payouts are located online thanks to innovations like cryptocurrency. When it comes to online sportsbook payouts, you want something fast, safe, secure and reliable, and the online sportsbooks offer a wide range of great payout options. Although payout options vary from sportsbook to sportsbook, several of them are going to carry over from book to book, such as cryptocurrency.
The fastest payout method at every online sportsbook is cryptocurrency, which processes much faster than anything else, since there is no bank needed to approve transactions. Cryptocurrency is available at international sportsbooks, as most US-based books do not have crypto access outside of Wyoming. After crypto, the fastest methods are bank transfers and wire transfers, but they do take a bit longer than crypto does.
What Is The Fastest Way To Get Money Out Of Online Sports Betting Sites?
Bitcoin Sportsbook Payouts -There are many reasons as to why you should be using Bitcoin when asking for payouts from online sportsbooks. Bitcoin is one of the fastest, if not the fastest payment methods around, with money getting into the sportsbook in under ten minutes. As far as the withdrawal aspect, it’s also the fastest there, with bitcoin withdrawals being some of the fastest in the industry. In addition, the sportsbooks love people who use bitcoin, and that can mean that you get bonuses when you deposit using the currency.
Basically, bitcoin has taken the industry by storm and is a big part of the reason that the industry has been able to grow to the size that it has. The good news is that all of the online sportsbooks that accept USA players are now offering Bitcoin payouts, with limits ranging from $20 to $10,000.
Bitcoin Cash Sportsbook Payouts - This might be a bit confusing, but Bitcoin and Bitcoin Cash are actually two completely different methods of payment. They are named similarly because Bitcoin Cash is a fork of Bitcoin, but at this point in time, they have no relation beyond the name. They are completely different token and Bitcoin Cash is widely accepted by online sportsbooks as well as a withdrawal method. It has many of the same advantages as Bitcoin and the same downsides. It’s a great way to get your money out of a sportsbook.
Western Union Sportsbook Transfers - While there are many quick payout methods that can be used for bettors in the United States, there isn't one better than through a Western Union wire transfer. Most sportsbooks will say that a Western Union transfer can get to a bettor within 5 business days. This is still under a week, which is better than just about every other method outside of digital currencies. All you have to do is visit a retail location and use your ID to pick up your cash!
If you are using a state-licensed sportsbook and you want to get your money out of your online account, visiting the associated casino is the easiest. Here, you can receive cash or discover a different method for attaining your funds. Just as the offshore sites, every state-operated sportsbook is different, so it is impossible to say something is allowed or prohibited. Visit the book you signed up with and they should be able to give you your funds in no time.
Best Sportsbooks For Fast Payouts
Requesting a withdrawal fr om Bovada is very simple to do and also quick to do as well. However, when withdrawing money fr om a Bovada account, the options are slim but very reliable. Bovada users can choose from several different Cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and other smaller options as well. With Crypto, the one thing to take note of is that they do not require any sort of withdrawal fee and happen within minutes. Aside from crypto, they also offer payouts by courier check.
MyBookie, in terms of withdrawing funds only has three options available which is great as it makes life so much easier. The three methods are through Bitcoin, e-Check, and Bank Wire. When it comes to Bitcoin they offer the lowest minimum withdrawal method of them all and the highest maximum as well. They also do not require any fees either. Their e-check option has low transaction fees which is great and the transaction period is not long either. As for the bank wire, they might require a high minimum withdrawal but their fee is not high at all which bettors can be grateful for.
BetOnline could be considered as the leading online sportsbook when it comes to withdrawal and payout methods. They have 10 different withdrawal methods and of the ten of them, they accept seven different forms of cryptocurrency in which all transactions are fast and free. They offer different online banking withdrawals like a wire transfer and Person2Person also which both take less than a week to fulfill. Lastly, like all online sportsbooks, they also offer a check by courier option.
Different Types Of Sportsbook Payouts
The information below is a complete rundown of withdrawal methods commonly found at betting sites that allow USA players. These options are what you should be looking for when selecting a new online sports gambling website, or even at your current online sportsbook. All of the methods are trusted, legal, and safe for American sports bettors.
Bitcoin Payouts:
A few of the reasons for using Bitcoin are that you can get lightning fast payouts, there are no added fees, you don’t have to give out any personal information, and much more. In fact, some online sportsbooks are using Bitcoin exclusively for all payouts since there are some issues when offering checks by mail, wire transfers, and the like. The good news is that all of the online sportsbooks that accept USA players are now offering Bitcoin payouts, with limits ranging from $20 to $10,000.
Check By Mail Payouts:
Check by courier is still one of the most trusted sportsbook withdrawal options. It is simply a check from a payment processor delivered by mail, usually with a delivery service that requires a signature. Checks should arrive at your doorstep within two weeks from the moment you request your withdrawal and fees are usually no more than $50. These are significant downsides compared to other options, but check-by-mail is the method of payment that is likely most familiar to many American players.
Sportsbook Transfers:
A sportsbook transfer is when you send funds from your account to another account on a participating site. These types of withdrawals have become less common, but are usually expedient when available. Sportsbook transfers may or may not have incoming and outgoing fees. These are pretty dramatically uncommon, and the kind of person that is doing them likely not reading this, but it is worth noting as an available option.
Sportsbook Payouts Via Bank Wires:
A bank wire is a transfer made directly into your bank account form the sportsbook. This method is fairly common for U.S. players and is an excellent option if you are asking for a large sportsbook payout. Online cashiers will transfer up to $25,000 at most sportsbooks. Depending on your bank, your winnings will be available in your account within 5 - 15 business days. You will need to verify fees with the online cashier and your bank. This is probably the most common method of payment from sportsbooks, and is basically like getting a direct deposit from work – except you have to wait a little bit for the money to clear.
Sportsbook Payouts Onto Prepaid Cards:
This is much like a bank transfer but instead of having funds sent into a checking or savings account, you can have cash waiting for you at the nearest Western Union or MoneyGram transfer station. These can be some of the fastest sportsbook payments, but they can also be some of the most expensive, too. Fees range from $26 to $50 depending on the amount transferred. Fees are the main downside to this method of getting your money – they are significant.
Payouts With Debit Cards :
There are no offshore sports betting sites that offer payouts with debit cards. There are certain federal banking laws that restrict U.S. financial institutions from processing credit/debit payouts from overseas gaming sites (i.e. the UIGEA). Basically, while the online sportsbooks are safe to use, they do not have the legal standing to send money to your bank account and take it out of your bank account with impunity. If you want your earnings deposited directly to your bank account, opt for a bank wire payout. However, many sports bettors choose to avoid the US financial system entirely by opting for Bitcoin payouts instead.
What Else You Need To Know... Sportsbook Payouts
While most of the methods listed above are available on a range of sites, there are still certain protocols one must follow to ensure the fastest possible payout. First off, you need to make sure there are no requirements to be met before making a withdrawal. Some sites may make you wait a certain number of days after receiving a transfer from another player or make you bet a certain amount if you received a bonus (“rollover”). These are just some of the limitations you may run into, so it's best to check with site support to make sure you understand all withdrawal stipulations.
The next and most important step you need to take is making sure your identity and age are verified through the site. Most sites will not allow you to request a withdrawal until you send in specific documents to verify yourself. In most cases, it is usually the front of your government I.D. and a current utility bill. This process usually only takes a day or so to complete, but once finished you should never have to do it again. We recommend doing this immediately after you sign up for a site. This way, the books will be waiting for you instead of you waiting on the books. It might save only a few hours or days, but having those funds that much sooner can mean the difference to a lot of people.
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