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If you are looking to get started with fast paying online sports betting, one thing to consider before you place your first bet is which websites offer a fast payout.
Many online betting sites are available but the sportsbooks with the fastest payouts are preferred by sports bettors for their ease of access to funds.
This overview is a perfect beginner’s guide to top sites that are at the top when it comes to payout processes and payment methods.
These fast payout betting sites offer the fastest paying sportsbooks and are a perfect first stop on your way to placing your first bet.
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#1
Caesars
9/10
No bet-throughs required
Lots of sport-specific promos
Promo code 'WSN1000'
$1,000 First Bet on Caesars
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#2
DraftKings
10/10
Great payment and customer support
Access to fantasy sports with one account
Bet $5, Get $150 + a No Sweat SGP
21+ | T&Cs apply
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#3
BetMGM
9/10
Boosted parlays with enhanced odds
Impressive range of bets
$10 free bet every week
Get $1,500 in Bonus Bets!
21+ | Terms and conditions apply
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#4
BetRivers
9/10
Wide range of betting options
Top notch customer service
Promo Code 'SPORTS'
$500 Free Bet
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After reviewing the top-rated sportsbooks we have compiled a list of the fastest sportsbooks online now.
Our criteria for the list have found the sportsbooks with the fastest payout options so that you can get access to your winnings faster than ever.
Keep in mind that all withdrawals, except for in-person withdrawal from the sportsbook’s brick and mortar casino partner, will have a pending period during which your withdrawal will be approved.
Going in-person to the sportsbook’s brick-and-mortar partner can grant you instantaneous withdrawals.
Withdrawals from a sportsbook range from direct deposit to third party payment apps such as PayPal.
Some of these sportsbooks offer a small welcome bonus. Check the links below to find a bonus for yourself, or take a look at our complete sports betting bonus guide.
Here is a shortlist of withdrawal options most sportsbooks offer.
Fastest Payout Sportsbooks | Withdrawal Processes / Time for Payout | Website |
FanDuel | 8 options / Instant to 5 business days for withdrawal. | |
DraftKings | 6 options/ Instant to 5 business days for withdrawal. | |
BetMGM | 7 options / up to 5 business days for withdrawals. | |
Caesars | 4 options/ up to 5 business days for withdrawals. | |
SI Sportsbook | 4 options, 3 to 6 business days for electronic withdrawal. | |
PointsBet | 4 options / 1 to 10 business days | |
PlaySugarHouse | 5 payment options / Immediate withdrawal up to 5 business days, depending on the withdrawal method. |
Whichever sportsbook you choose, know that all of these options are licensed by various state gaming commissions and controllers. Each state has its own rules and regulations in place, which can be found on its gaming website.
With Gambling Enforcement in place, you can be assured that any time you engage with online betting on these platforms will be in compliance with gambling laws in your state.
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Every sportsbook has different methods to select from when it comes to withdrawing your money.
When considering fast payout betting sites keep in mind that not all platforms were created equal. Some gambling sites and online casinos offer a signup bonus so keep an eye out for these offers.
You can choose any of the approved methods with your sportsbook. Each method has its pros and cons when it comes to speed and access to funds.
All withdrawals except for in-person withdrawals from the sportsbook’s brick and mortar partner casino will have a pending period during which your withdrawal will be approved.
With our list above, you can be sure that you have access to the best information when it comes to finding the fastest withdrawal method for you.
Our list is compiled with the best professional sportsbooks that can be trusted to keep your winnings safe and paid out to you as fast as possible.
The sportsbook with one of the fastest options for payout processes regardless of the amount is FanDuel, offering winnings withdrawals through ACH/E-Check, debit cards, physical checks, PayPal, Venmo, and the FanDuel Prepaid Card.
Customers should consider using the FanDuel Prepaid Card for one of the fastest withdrawal options available for getting quick access to your winnings.
FanDuel was also rated as one of the best live betting sites during our testing.
Review Site | Rating | No. of Reviews |
Apple App Store | 4.8/5 | 1.1 million |
Google Play Store | 4.7/5 | 209,000 |
Trustpilot | 1.3 | 182 |
Click here to claim a $1,000 No Sweat First Bet sign-up offer at FanDuel.
Users at DraftKings have given the sportsbook rave reviews regarding the often strenuous withdrawal process. DraftKings bettors can withdraw through several banking methods, including online, eCheck, physical checks, and bank wires. Options other than banking options include PayPal, a Debit Card, a retail casino cage, Venmo, and the Play+ Prepaid Card.
The speed of withdrawals at DraftKings ranges from instant and up to seven business days (physical check), but most are within three days.
Review Site | Rating | No. of Reviews |
Apple App Store | 4.8/5 | 543,700 |
Google Play Store | 4.6/5 | 87,900 |
Trustpilot | 1.3/5 | 300 |
Click here to claim a deposit bonus up to $1,000 at DraftKings.
At BetMGM, users have several options for making withdrawals. Some of the most popular include PayPal, Online Banking, Debit or Credit Cards, ACH Transfers, and a few more. Withdrawals are typically fast, but all methods will be received within five business days.
Review Site | Rating | No. of Reviews |
Apple App Store | 4.8/5 | 152,500 |
Google Play Store | 3.6/5 | 19,200 |
Trustpilot | 1.2/5 | 379 |
Click here to claim a $1,000 first bet sign-up offer at BetMGM.
Caesars Sportsbook has some very fast withdrawal methods and also has retail locations around the country where bettors can place bets and make withdrawals in person. Caesar's users can withdraw via online banking, eCheck, PayPal, PayNearMe, and the Caesars Sportsbook Prepaid Play+ Card.
From instant methods to options that typically take no longer than three business days, Caesars has some of the fastest withdrawal speeds of any online book in the country.
Review Site | Rating | No. of Reviews |
Apple App Store | 4.6/5 | 42,400 |
Google Play Store | 4.3/5 | 20,500 |
Trustpilot | N/A | 0 |
Click here and use the promo code WSNFULL to claim up to $1,250 on Caesars.
When it comes to lightning payout times speeds, PlaySugarHouse must be mentioned.
Their SugarHouse Play + Card means you have access to your hard-won funds almost instantaneously.
SugarHouse also offers other secure withdrawal methods, including Online Banking/ACH, PayPal, receiving a check by mail, or picking up your winnings in cash in person at their affiliated Casino Cage.
Review Site | Rating | No. of Reviews |
Apple App Store | 3.8/5 | 88 |
Google Play Store | 3.2/5 | 99 |
Trustpilot | N/A | 0 |
Fantasy sports bettors will be interested in our list of preferred fantasy sportsbooks.
These fantasy sportsbooks have the best platform and user performance for bettors interested in getting started with fantasy betting.
With these DFS platforms, there are many teams and leagues you can engage with. Including NBA, NFL, college football, and golf, as well as having access to resources such as the odds calculator. Daily Fantasy Sports has a lot of similar types of games and competitions comparable to sports betting. While also sharing many similarities with season long fantasy sports.
Everyone who plays, though, is attempting to have the highest overall score for the team they put together. Just like the season long fantasy industry, users build a team. They choose a player at each position but have to stay under a cap for how much money can be used to build said team. The goal is to get high value players that score more than their predicted amount.
| Fantasy Sports Platform | Website |
|---|---|
| DraftKings | draftkings.com |
| FanDuel | fanduel.com |
When considering horse race betting websites the choice was easy. We have a clear favorite platform
| Horse Race Betting Platform | Website |
|---|---|
| TwinSpires | twinspires.com |
Depending on your withdrawal option of choice the process of getting your hard-earned winnings can take as little as a few hours to over a week.
Typically, Sportsbook Prepaid Cards are the fastest option for those looking to cash out their winnings.
If you happen to live near an affiliate casino branch, you can always go to the cage and get immediate cash out.
Being a member of one of the fastest paying online sports betting sites means that you have access to some of the best mobile betting platforms available.
Sports betting is easier than ever, and now it goes where you go.
One of the biggest advantages of online sportsbooks is their mobility. Now, you can deposit, bet and withdraw money anywhere you go, making mobile betting easier than ever.
To find the best mobile sportsbook in your state, check out our best sportsbook app rankings.
Each sports betting site on this list gives you access to a customer service team should problems arise.
Help is offered via email support, phone support, and live chat to bring a solution to your problem 24/7.
Each sportsbook also has a FAQ page that can solve most issues that players experience.
Every sports betting site has a variety of options that are on display on Withdrawal Policy tabs on their websites.
Here we have compiled a list of the most common Deposit and Withdrawal methods currently offered by online betting sites.
These are the most common deposit types with most of them having a minimum deposit of $10.
Sportsbook sites offer anywhere from one to as many as eight withdrawal methods. Listed here are the most common types of payout options including traditional banking and payout online.
With so many different withdrawal options choosing the first online sportsbook that is right for you can be a difficult decision. Remember that when the paying bet site receives your payout request, there will be a processing time, and the payout process will usually require verification to confirm your identity.
Each processing time is different for the different methods, so keep an eye out to get your real money winnings as fast as possible and which options are available that are best for you.
That’s why we have created this beginner’s guide table to help you understand the terminology and what to expect when going through the withdrawal processes.
| Method of Deposit | Method Description | Min. / Max. Withdrawal | Transfer Fee | Processing Time for Withdrawals |
|---|---|---|---|---|
| ACH | Automated clearing house | Min. $10 / n/a | Typically having a small dollar fee. | 1-5 business days |
| Cash at the Cage | Picking up your winnings from the sportsbooks partnered brick and mortar location. | Ranging from no limit to $50,000 depending on the establishment | Usually no fees attached | Instant payouts |
| Skrill | An e-commerce business that allows payments and money transfers to be made through the Internet | $6 – $100,000 | $5.50 withdrawing fee | 1 Working Day |
| Check by Mail | After normal processing times the sportsbook will mail you a physical check | n/a | Usually no fees attached from the sportsbook | 5-14 business days |
| Neteller | Neteller is an e-money transfer service used to transfer money to and from merchants | $10 minimum / $50,000 maximum | 10-14 business days | Up to 1-10 business days. |
| PayPal | PayPal is a company operating a worldwide online payment system that supports online money transfers. | $500 starting withdrawal limit but this can be increased by attaching your bank account information to your account. | Usually no fees attached | 30 minutes to 1 Working Day |
| Credit/Debit Card | Visa, Mastercard, etc. | $6 – $130,000 | Usually no fees attached | 3 to 5 Working Days |
| Bank Transfer / Wire Transfers | A transfer from the sportsbook to your bank account. Otherwise known as a bank wire. | $30 – $130,000 | Bank Fees Associated | Up to 10 Working Days |
| Sportsbook Prepaid Card / Prepaid debit card | A prepaid card issued by the sportsbook that can be used to redeposit funds, withdrawal funds from an ATM or used as a credit card (usually wherever Discover is accepted). | n/a | Usually no fees attached | Instant payouts to several hours. |
If you’re opting for a wire transaction or other banking method check with your bank to check if they have any processing waits that may affect your payout speed. Keep in mind which banking option is right for you.
When it comes to online sportsbooks, FanDuel, and DraftKings are the fastest payout sports betting platforms available.
Although other sportsbooks offer similar cash-out options, DraftKings and FanDuel are the only operators with same-day withdrawals - beating their processing times often.
With their fast payment processing, multiple withdrawal options, and the security of their platforms, FanDuel and DraftKings are the easy favorites. They are sites with fast payouts and excellent track records with their users.
FanDuel and DraftKings offer a wide range of choices regarding betting on sports and betting options, such as live betting, football betting, betting guides, online betting, college football betting, and NBA betting.
These factors effectively make FanDuel and DraftKings one of the only same-day payout sportsbooks and bring them as close as possible to instant payouts.
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