Online Sportsbooks With Fastest Payouts

There’s no better feeling than seeing your bet on that sporting event cash as a winner. Well, maybe that’s not entirely true. The best feeling is when the money from that successful wager lands in your account. Then it can truly be yours. 

Since getting your hands on that money is what matters most, here are the online sportsbooks in the US (and NJ) legal and regulated market that offer the fastest withdrawal times.

Top US Betting Sites with Fast Withdrawals

BetRivers

Best Feature: No maximum withdrawal limit.

Fastest Withdrawal Method: BetRivers Play+ Card (Immediate)

States Available: AZ, CO, IL, IN, IA, LA, MD, MI, NJ, NY, OH, PA, VA, WV.

BetRivers sportsbook has garnered a sterling reputation for how quickly they will get your money to you. In most cases, it will be in your account within 24 hours of the request for a withdrawal. 

Of course, the speed of the transaction depends upon which banking method you’re choosing to process that withdrawal. If you opt for the BetRivers Play+ card, payment will be forthcoming immediately upon approval. Electronic payment methods such as PayPal and Venmo are ready within 30 minutes of approval. On the other hand, ACH/e-check will take between 2-5 business days. 

Another perk with BetRivers is that there is no maximum withdrawal limit.

Bet365

Best Feature: Wide variety of fast payment options.

Fastest Withdrawal Method: Visa, MasterCard, PayPal, Skrill, Trustly (1-4 hours)

States Available: AZ, CO, IN, IA, KY, LA, NC, NJ, OH, PA, VA.

If you are near the Bet365 land-based partner, then you can make your withdrawal in person at the cage immediately. If not, the best bets are Visa, MasterCard, Discover Card, or American Express debit cards, PayPal, Skrill or Trustly – all accepted by bet365 sports. They’ll be paid out within 1-4 hours of approval.

Using Visa, MasterCard, Discover Card, or American Express credit cards, though will take 1-5 banking days to process.

FanDuel

Best Feature: Large maximum withdrawal limit ($10,000).

Fastest Withdrawal Method: Cash at Partner Location (Within 1 hour)

States Available: AZ, CO, CT, IA, IL, IN, KY, LA, MI, NJ, NY, OH, PA, TN, VA, WV.

Go for cash at the counter of the FanDuel land-based partner and you’ll usually get your withdrawal within an hour. However, larger payouts can take as much as 48 hours to process. The maximum permissible withdrawal at FanDuel online sportsbook is $10,000.

Should you choose to use a debit card, PayPal, Venmo, or the FanDuel Play+ prepaid card, expect to wait up to 24 hours for your cash. However, to use any of these methods as a withdrawal option, you must have first used them to make a deposit to your FanDuel account. 

Online banking requires 3-5 business days, while old-school check by mail will transact in 7-10 business days. 

DraftKings

Best Feature: High maximum withdrawal limit ($60,000).

Fastest Withdrawal Method: Cash at Partner Location (Within 1 hour)

States Available: AZ, CO, CT, IL, IN, IA, KY, LA, MI, NJ, NY, OH, PA, TN, VA, WV.

If you can show up in person to the DraftKings land-based partner, they’ll process your withdrawal in an hour. Otherwise it’s going to take one day via Trustly, ApplePay, or debit card.

PayPal and Venmo withdrawals require up to two days to process. After that, the fastest options are VIP e-check (three days), the DraftKings Play+ prepaid card (four days) and online banking (five days). 

One good factor with DraftKings online sportsbook is that they set their maximum withdrawal at a hefty $60,000.

BetMGM

Best Feature: Multiple withdrawal methods available, including PayPal

Fastest Withdrawal Method: BetMGM Play+ Card (6 hours)

States Available: AZ, CO, IN, IA, KY, LA, MD, MI, NJ, NV, NY, OH, PA, TN, VA, WV

While not as quick as some other online sportsbooks to get your money, one advantage with BetMGM is that they offer many more methods through which to process withdrawals.

The fastest route is the BetMGM Play+ prepaid card. You’ll get your money within six hours once the transaction has been approved. PayPal takes 24 hours, while cash at the cage will be processed in 72 hours. Online banking will be approved within 1-3 business days and instant banking within two days. 

Caesars Bet

Best Feature: Low minimum withdrawal limit ($10).

Fastest Withdrawal Method: PayPal, Visa, Mastercard, Online Bank Transfer, Play+ Card (2 hours)

States Available: AZ, CO, IL, IN, IA, KY, LA, MD, MI, NJ, NY, OH, PA, TN, VA, WV.

The fastest you’ll be getting a withdrawal processed at Caesars is two hours and there are a number of options for doing so. They include PayPal, Visa, Mastercard, online bank transfer, and the Caesars Play+ prepaid card.

The minimum withdrawal from Caesars Sportsbook is $10.

Fanatics Bet

Best Feature: Online tracker for withdrawal progress.

Fastest Withdrawal Method: Bank Wire Transfer (24 hours)

States Available: MA, MD, OH, TN.

Withdrawal methods are quite limited at Fanatics, but they do offer an online tracker system that will instantly inform you of the progress of your transaction.

The best available option is bank wire transfer. It will be completed within 24 hours, but there’s a catch. The minimum withdrawal with this method is $10,000. Online bank transfers are the next best option. They take 3-5 days to process, but the good news is the minimum withdrawal here is a paltry $1.

Borgata Sportsbook

Best Feature: Multiple 24-hour processing options.

Fastest Withdrawal Method: Borgata Play+ Card (24 hours)

States Available: NJ, PA.

There are a number of withdrawal options at the Borgata Bet that can be processed within 24 hours. They include the Borgata Play+ prepaid card, Visa debit and prepaid cards, PayPal, and Venmo. You can get cash at the cage in person at the Borgata in 10-12 hours.

Payments to Apple Pay and Mastercard debit cards will process within 1-3 business days. 

Fastest Payout Sportsbooks Compared

Fastest Payout Methods at Online Sportsbooks

Imagine you’ve just hit a big win on the weekend’s NFL game, and you want to see that money in your account ASAP. Some methods can get your cash in hand quicker than others. For instance, PayPal betting is a fan favorite because it often gets you paid within a few hours.

Let’s say you’re using FanDuel, and you choose PayPal or Skrill — you could have your money in your Pay Pal account in less than 24 hours. Compare that to an ACH bank transfer, which might take 3-5 business days. When you’re excited about that win, every hour counts!

Minimum and Maximum Withdrawal Limits

We know that not all wins are created equal, especially when it comes to getting your money. If you’re betting at BetRivers, you’ll be happy to know there’s no maximum withdrawal limit. So, if you’ve had a great night and won $50,000, you can withdraw it all at once.

On the other hand, some NJ sportsbooks like FanDuel set a cap on how much you can take out in one go—typically around $10,000. For small-time bettors, this isn’t a big deal, but if you’re a high roller, it’s something to keep in mind.

And for those with modest wins, some sportsbooks have a minimum withdrawal amount, like $10 at Caesars.

Common Issues with Withdrawals and How to Avoid

Imagine this: you’re ready to cash out your winnings from your best bets, but the process hits a snag. One common issue is not completing account verification (did you log in using the inclave method?). For example, on DraftKings, if your ID isn’t verified, your withdrawal might be delayed. And nothing’s worse than waiting for your cash when you need it.

Another hiccup could be using a method for withdrawal that you didn’t use for your deposit.

Let’s say you deposited with a credit card but want to withdraw to PayPal—some sportsbooks won’t allow that. To avoid these headaches, make sure your account is fully verified and stick to the same method for both deposit and withdrawal whenever possible.

Can I use the Same Withdrawal Methods for Online Casinos as I do for Sportsbooks?

Absolutely, you can! Most of the time, whatever works for your sports book will work for the online casino side too. If you’re playing on BetMGM online casino, for instance, and you’ve been using PayPal casino payment method to collect your betting winnings, you can use the same method to cash out your casino jackpot.

Just remember, while the methods might be the same, the processing time could differ slightly between the sportsbook and casino. So, if you’re switching between the two, keep an eye on those timelines to avoid any surprises.

Here is our article about the fastest withdrawal online casinos in NJ if you are interested.