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Fastest Payout Sportsbooks & Betting Sites in 2024

Written by: Rhianna Padman
Fact-checked by: James Whitelock
Updated May 15, 2024
28 min read

🥇 The fastest payout sportsbook during our tests in 2024 is FanDuel.

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.

Fastest Payout US Online Sportsbooks

Logo #1

FanDuel

4.8/5

Bet $5, Get $150 in Bonus Bets

21+ | Terms and conditions apply

🔥 Claimed by 28 people this week!

Logo #2

DraftKings

4.8/5

Bet $5, Get $200 in Bonus Bets Instantly

21+ | T&Cs apply

Logo #3

BetRivers

4.1/5

$500 Bonus Bet

21+ | VA only | Gambling problem? Call 1-800-532-3500

🔥 Claimed by 187 people this week!

Logo #4

BetMGM

4.4/5

Get Up to $1,500 in Bonus Bets!

21+ | T&Cs apply. *Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.

🔥 Claimed by 157 people this week!

Logo #6

Caesars

4.3/5

$1,000 First Bet on Caesars

21+ | T&Cs Apply. Gambling problem? Call or text 1-800-GAMBLER.

Logo #7

Betway Casino

4.5/5

Bet $50, Get $200 in Bonus Bets

21+ | T&Cs Apply

Logo #8

Borgata

4/5

Get $100 When You Bet $20!

21+ | NJ only | T&C apply

Fast Payout Sportsbooks Comparison

SportsbookAverage Withdrawal TimeWithdrawal MethodsMax. Withdrawal
bet3651-2 business daysDebit Card, Credit Card, Online Banking, PayPal, Skrill$10,000
BetMGM2-3 business daysDebit Card, PayPal, Venmo, Apple Pay, VIP Preferred, Online Banking, Play+ Prepaid, Cage, Check$25,000
BetRivers1-2 business daysOnline Banking, PayPal, Venmo, Play+ PrepaidNone
Betway2-3 business daysPayPal, Venmo, Skrill, Play+ Prepaid, VIP PreferredNone
Borgata3-4 business daysOnline Banking, PayPal, Skrill, Check, Play+ Prepaid, VIP Preferred$25,000
Caesars2-3 business daysDebit Card, Online Banking, PayPal, Venmo, Interac, Play+ Prepaid, VIP Preferred$5,000
DraftKings1-2 business daysApple Pay, Bank Wire, Cage, Check, Debit Card, Online Banking, PayPal, Play+ Prepaid, Trustly, Venmo, VIP Preferred$60,000
FanDuel1-2 business daysDebit Card, PayPal, Venmo, Online Banking, Play+ Prepaid, Cash at Counter, Check$10,000

Why Should You Trust Us?

At WSN, we are deeply passionate about sports betting and committed to relaying our personal experience with these platforms. Our team comprises individuals who have been involved in the betting industry for years, if not decades. We know precisely what constitutes an excellent betting experience, and we know how important fast payouts are. 

We pride ourselves on our hands-on approach for rating sportsbooks. Everything we share with you is based on practical tests that we have carried out rather than on second-hand information. 

After making real money transactions and placing bets, we make several withdrawals using the all available payment methods. We can assess firsthand the ease and speed of payouts, whether using e-wallets, online banking, or debit/credit cards. We’ve gone through the withdrawal process at over 100 online sportsbooks around the world, so we can confidently compare how each sportsbook stands next to competitors. 

Ultimately, we want to help you navigate the betting landscape by providing a trusted and comprehensive resource that you can rely on.

Top 8 Fastest Payout Sportsbooks in the US

Fastest Payout Sportsbooks

We identified the eight sportsbooks with the fastest payout options so that you have plenty of good options to get access to your winnings faster than ever.

1. FanDuel 

FanDuel Fastest Payout

Best for: Mobile App 📱

As the market leader in total betting revenue, FanDuel’s success derives from its user-friendly and efficient platform. If you are looking for consistently quick withdrawals, then FanDuel is my top recommendation. 

I’ve got to hand it to FanDuel for their fast service and varied selection of 8 payment options. Bettors can receive their withdrawals within 24 hours when using PayPal, Venmo, debit cards, and Play+ Prepaid. Online banking can take 3 to 5 business days and requesting a check is the slowest option at 7 to 10 days. 

Choosing cash at the counter means you can get access almost instantly, but it’s a bit more of a hassle compared to online methods. PayPal and Venmo were by far the fastest and easiest ways to get my hands on my winnings. I found that the first withdrawal that I made took a day to hit my account, but following this, it was impressively under 2 hours

Bettors can easily withdraw through FanDuel’s mobile app, which offers a seamless and user-friendly mobile experience. I consider it to be the best in the industry, and for that reason, it is my standout feature. 

After registering, you can claim $200 in bonus bets after depositing $10 and making a winning $5 wager of any type. You will only receive the bonus bets if that initial bet is successful, and they should arrive within 72 hours. You do not have to use the bonus in one lump sum; they can be split for different wagers. This offer cannot be used in combination with other promos or profit boost tokens. 

Check out our complete review of FanDuel Sportsbook.

💰 Sign-up offer:  Bet $5, Get $150 in Bonus Bets.

FanDuel Sportsbook Ratings

WSN Rating: 4.8/5

Apple App Store: 4.8/5

Google Play Store: 4.7/5

Trustpilot: 1.3/5

Claim Your FanDuel Sportsbook Bonus CTA icon

FanDuel Sportsbook Pros and Cons

Pros Industry-leading app
Pros Market leader
Pros Fast withdrawal times
Cons VIP scheme could be improved
Cons Further payment options could be added

2. DraftKings

DraftKings Payout

Best for: All-round Platform 💻

DraftKings is a powerhouse in the realm of sports betting, leading the way with plenty of innovative features. If you want an excellent all-round platform, it is worth exploring all that DraftKings has to offer. 

Payouts can be processed through 11 available methods, more than any other sportsbook offers. Grabbing cash directly from the casino cage is the quickest avenue for your winnings, taking around 1 hour. For my withdrawals, I went with digital methods like debit cards, Trustly, and Apple Pay, with my winnings arriving in less than 24 hours each time. Withdrawal times vary for other methods: Venmo, PayPal, and bank wire can take up to 2 days, VIP Preferred up to 3 days, Play+ Prepaid up to 4 days, online banking up to 5 days, and checks can arrive in 3 to 7 days, but I don’t recommend this method. 

After signing up, you can get $150 in Bonus bets with an initial deposit and bet of $5. There’s no waiting around, as you’ll receive your bonus bets instantly. What’s really fantastic is that it doesn’t matter if your first wager wins or loses. Bonus bets cannot be used with any other promotions. This is my favorite welcome offer out there right now. 

Along with the sportsbook, DraftKings has various other features like detailed betting guides and a social network. You can also explore the online casino at DraftKings, poker room, and DFS platform in legal states. It’s essentially a one-stop shop for all your betting needs.

Find out more in our in-depth DraftKings Sportsbook review.

💰 Sign-up offer: Bet $5, Get $200 in Bonus Bets Instantly

DraftKings Sportsbook Ratings

WSN Rating: 4.8/5

Apple App Store: 4.8/5

Google Play Store: 4.6/5

Trustpilot: 1.3/5

Claim Your DraftKings Sportsbook Bonus CTA icon

DraftKings Sportsbook Pros and Cons

Pros Frequent promotions
Pros $5 minimum deposit
Pros Top mobile app
Cons No phone support
Cons Cryptocurrencies not supported

3. BetRivers

Virginia Betrivers Promo

Best for: Easy-to-use Platform 💻

BetRivers provides a user-friendly sportsbook spiced up by plenty of bonuses and a rewarding loyalty scheme. If you are a newcomer or casual bettor looking for a platform that combines simplicity and value, it is a great option to check out. 

When I tested the available withdrawal options, I found using the Play+ Prepaid Card allows for instant access to your winnings, although you will need to sign up for it in advance. Using PayPal and Venmo, it took an average of a couple of hours to be approved. For online banking, funds will take anywhere from 2 to 5 days. While the payout speed impressed me, the available methods are notably fewer than other platforms. 

New bettors receive a Second Chance bonus on their initial bet. All you have to do is register, fund your account with a minimum of $10, and place a bet. If it doesn’t win, then you’ll be compensated up to $500 (depending on your home state) in bonus bets matching your initial wager. You’ll receive your bonus within 24 hours; they’ll be valid for 30 days and must be wagered at odds of -200 or higher. It is important to note that your first bet must result in a loss to qualify for this offer. Additionally, this offer is ineligible for odds boosts or combined promos. 

iRush Rewards is the sportsbook’s loyalty scheme, where you can progress through 11 levels the more you bet on the site. You can unlock various rewards like bonus bets, birthday presents, and dinner vouchers. 

💰 Sign-up offer: $500 Bonus Bet.

BetRivers Sportsbook Ratings

WSN Rating: 4.1/5

Apple App Store: 4.4/5

Google Play Store: 3.3/5

Trustpilot: 1.7/5

Claim Your BetRivers Sportsbook Bonus CTA icon

BetRivers Sportsbook pros and Cons

Pros iRush Rewards benefits
Pros Frequent bonuses
Pros Live chat 24/7 customer service
Cons Bet slip for desktop version doesn’t automatically open
Cons User interface could be smoother

4. BetMGM 

BetMGM Sportsbook NJ Interface

Best for: Ongoing Promotions 🤑

BetMGM’s premium sportsbook lives up to the brand’s long-standing and esteemed reputation in the US. If you want a trusted sportsbook that rewards its bettors, check out BetMGM. 

For the fastest BetMGM withdrawal, options like debit cards, PayPal, Venmo, and Play+ Prepaid are the best, being processed within 24 hours. If you’re near a retail location, cashing out at the cage is also fast, but does take 10 to 12 hours for your request to be approved. Apple Pay can take 1 to 3 business days, bank transfers usually take 2 to 4 days for processing, and opting for a check in the mail is from 7 to 21 days. All of these methods have a minimum payout of $20.

As you can see, your BetMGM withdrawal time significantly varies depending on your chosen method. Still, I have to say that my payouts did land in my account quicker than the expected timeframe, particularly when I used a Play+ Prepaid card. I was also impressed by the variety of 9 payment choices. 

As a new bettor, you qualify for a bonus of $1,500 in bonus bets when you sign up with the promo code WSNMGM. You’ll have to make a minimum deposit of $10 and a wager of at least $5. If your bet loses, you'll get up to $1,500 in bonus bets, equal to your initial wager amount. The bonus is divided into five parts if you wagered more than $50. If it's less, you'll get it in one lump sum. It’ll be credited to your account within 24 hours, and you have 7 days before it becomes invalid. Following this, there are a whole host of frequent promotions to enjoy. 

Explore our comprehensive review of BetMGM Sportsbook here.

💰 Sign-up offer: Get Up to $1,500 in Bonus Bets! with the promo code WSNMGM.

BetMGM Sportsbook Ratings

WSN Rating: 4.4/5

Apple App Store: 4.8/5

Google Play Store: 3.6/5

Trustpilot: 1.2/5

Claim Your BetMGM Sportsbook Bonus CTA icon

BetMGM Sportsbook Pros and Cons

Pros Live betting, streaming & cash out
Pros Top loyalty scheme
Pros Excellent range of markets
Cons No stats on betting history
Cons Could be more on-running promos

5. bet365

Bet365 Payout

Best for: Welcome Bonus 💸

Around the world, bet365 is a top destination for both newcomers and experienced bettors. If you are looking for a globally-trusted platform, I recommend trying out bet365. 

Users can benefit from a bet365 instant withdrawal by picking up cash at a retail partner. I prefer the convenience of an online method, even if it takes a little longer. During my testing, PayPal and Skrill were the fastest, with funds available in my account within 24 hours. Other methods like debit cards, credit cards, and online banking can take a few days to hit your account. 

My favorite aspect of bet365 is that they offer the choice between two welcome bonuses when you sign up with the code WSN365, making an excellent first impression. Both require a minimum deposit of $10, and you’ll have 30 days to claim them after registration. 

The first option provides a safety net on your first bet, allowing you to receive your stake refunded up to $1,000 in bonus bets. The initial wager must be unsuccessful to be eligible for this offer, and it must be a straight bet, parlay, Same Game Parlay, or Same Game Parlay+. 

The alternative is an equally enticing promotion of $150 in bonus bets after making a first wager of $5. Qualifying bets must contain at least one selection at odds of -500 or greater. Your bonus bets arrive within an hour of your bet settling, win or lose. With both offers, the bonus bets expire after seven days. 

Read our full review of bet365.

💰 Sign-up offer: $1,000 Safety Net Bet OR $150 in Bonus Bets with the promo code WSN365

bet365 Sportsbook Ratings

WSN Rating: 4.5/5

Apple App Store: 4.7/5

Google Play Store: 4.6/5

Trustpilot: 1.3/5

Claim Your bet365 Sportsbook Bonus CTA icon

bet365 Sportsbook Pros and Cons

Pros Choice between welcome bonuses
Pros Reputable global platform
Pros Highly-rated mobile app
Cons Fewer markets than competitors
Cons No loyalty scheme

6. Caesars Sportsbook

Caesars Fastest Payout

Best for: Loyalty Scheme 🤝

Backed by over 80 years of betting industry experience, Caesars brings a fantastic online sportsbook to the table. If you are searching for a reputable brand that delivers an unbeatable loyalty scheme, then Caesars is the perfect choice.

You can make withdrawals using debit cards, online banking, PayPal, Venmo, Interac, Play+ Prepaid, and VIP Preferred. They are typically processed in 1 to 3 business days, though online banking can stretch to 5 days. In my experience, it took around 24 hours for my withdrawals to hit my account. PayPal, Venmo, and Play+ PrePaid were the speediest methods, but I noticed they weren’t as quick as usual compared to the other sportsbooks. 

For new players who use the promo code WSN1000, Caesars offers a Second Chance bonus if your initial bet results in a loss. After signing up, you’ll have 30 days to make a minimum deposit of $10 and a real-money wager of at least $5. If this first wager loses, you’ll receive your stake back up to $1,000 in bonus bets. The offer is a single bonus bet equal to the value of your losing amount, it cannot be split across multiple bets. It will be awarded to your account within 2 days and be valid for 14 days. 

Caesars Rewards goes over and beyond for a loyalty scheme by integrating features from the rest of the brand. Top perks from this scheme include shopping discounts, dining vouchers, and hotel stays. As part of the welcome package, you are automatically awarded 1,000 points. 

💰 Sign-up offer: $1,000 First Bet on Caesars with the promo code WSN1000.

Caesars Sportsbook Ratings

WSN Rating: 4.3/5

Apple App Store: 4.6/5

Google Play Store: 4.3/5

Trustpilot: N/A

Claim Your Caesars Sportsbook Bonus CTA icon

Caesars Sportsbook Pros and Cons

Pros Top loyalty scheme
Pros Discounts at in-person Caesars resorts
Pros Great welcome package
Cons Live chat is automated
Cons Fewer ongoing bonuses

7. Betway 

Betway Fastest Payout

Best for: Detailed Stats 📉

For 25 years, Betway has carved out a solid reputation in the betting industry, operating in numerous countries worldwide. If you choose Betway as your next sportsbook, you opt for a dependable and well-regarded platform. 

For starters, Betway welcomes you with a safety net for your first wager. If luck isn't on your side for your first bet, they’ll refund your stake up to $250 in bonus bets. The qualifying wager has to be a minimum of $10, must be made with odds of at least -300, and has to be placed within 7 days of opening an account. Crucially, this wager must lose to be eligible for the bonus. Then, you’ll receive your bonus bets in 36 hours after the qualifying wager has settled.

You can use this offer to explore various markets, including both mainstream and niche sports. Detailed stats are available for each event to help you make well-informed wagers. I found this feature to be very beneficial while I was placing bets. 

After making a few successful bets, I tested each withdrawal option over a few weeks, finding it to be a mixed bag. For PayPal, Venmo, Play+ Prepaid, and Skrill, some withdrawals were approved in a few hours; others took a few days. This delay appeared to be due to the sportsbook’s internal review process rather than the specific method. VIP Preferred was the longest option, taking up to 7 days on one occasion. 

If you want to learn more, our detailed Betway review contains everything you need to know.

💰 Sign-up offer: Bet $50, Get $200 in Bonus Bets.

Betway Sportsbook Ratings

WSN Rating: 4.3/5

Apple App Store: 4.3/5

Google Play Store: 4.7/5

Trustpilot: 1.4/5

Claim Your Betway Sportsbook Bonus CTA icon

Betway Sportsbook Pros and Cons

Pros Detailed statistics on events
Pros Multiple support options
Pros Great ongoing promotions
Cons No rewards scheme
Cons Withdrawal times could be improved

8. Borgata 

Borgata sportsbook

Best for: Beginners & BetMGM users 🎓

Borgata Sportsbook emerged from the well-known Borgata Hotel & Casino, which is owned by MGM Resorts. If you are familiar with BetMGM but looking for something fresh, then Borgata is an ideal platform.

Withdrawal methods include online banking, PayPal, Skrill, check, Play+ Prepaid, and VIP Preferred. From my experience, withdrawals were approved after three days on average. It is noticeably longer than competitors, seemingly because of the internal approval period. PayPal and Skrill were the speedier options of the bunch. 

Due to its affiliation with MGM Resorts, Borgata allows its users to join the MGM Rewards scheme. It is especially a great option if you are already a member. On the downside, Borgata does not currently have a welcome bonus for its sportsbooks, which is a bit of a letdown. You can get a Deposit Match Bonus, but it's applicable only for the online casino section of the site. 

💰 Sign-up offer: Get $100 When You Bet $20!.

Borgata Sportsbook Ratings

WSN Rating: 4/5

Apple App Store: 4.7/5

Google Play Store: 3.39/5

Trustpilot: 3.1/5

Claim Your Borgata Sportsbook Bonus CTA icon

Borgata Sportsbook Pros and Cons

Pros User-friendly platform
Pros MGM Rewards
Pros Huge variety of markets
Cons Only available in NJ & PA
Cons No sportsbook welcome bonus.

Easiest Withdrawal: FanDuel

FanDuel stands out as having the most straightforward withdrawal system, offering a clear and intuitive process designed with users in mind which can be easily accessed on a desktop or the app. Along with the quickest approval times in the industry, you can also appreciate the convenience of 8 payment options.

Most Withdrawal Methods: DraftKings

DraftKings has the highest number of withdrawal methods with 11 options, including Apple Pay, Bank Wire, Cage, Check, Debit Card, Online Banking, PayPal, Play+ Prepaid, Trustly, Venmo, and VIP Preferred. 

Best PayPal Betting Site: FanDuel

FanDuel earns the title of my best PayPal sports betting site. After my initial withdrawal, I found that my PayPal withdrawals consistently took only a couple of hours to reach my account. 

Fastest Withdrawal Methods

E-wallets like PayPal, Skrill, and Venmo are the speediest payment options. If the sportsbook’s team quickly approves your request, then you can get your hands on your winnings in a couple of hours or less. But, most of the time, it will take under 24 hours for it to be processed. Apple Pay, Play+ Prepaid, and debit cards are reliable and quick close seconds, typically having your funds within 48 hours.  

Which Withdrawal Methods To Avoid?

If you’re searching for fast payouts, there are a few withdrawal methods to avoid. Checks are generally the slowest option as they must be received by mail, which can take weeks to arrive. There is also the risk of it getting lost. Online banking is also longer than other methods, taking up to 5 days. 

Why Fast Payouts Matter in Sports Betting

It’s natural to want to get access to your winnings as quickly as possible after a successful bet. Checking your account and seeing the new money right away is gratifying and a big part of an overall positive experience. 

In lots of ways, technology has transformed the way we bet on sports. Thanks to mobile betting apps and digital payment processors, the technology exists to allow instant deposits and withdrawals, 24/7. Modern bettors know this, and they have developed high standards. 

A lengthy withdrawal process is frustrating. It can lessen the impact of your success, making bettors less likely to return to a sportsbook. Waiting around creates a delay, meaning you can’t spend the money you have won how and when you want. 

Fast payouts make the customer happy and build a good relationship between the bettor and the sportsbook. If you keep experiencing delays, it’s natural to think about moving to a different sportsbook, or complaining online. In this way, fast withdrawals benefit everyone. 

How Can I Avoid Withdrawal Delays?

If you want to avoid delays when making withdrawals, keep these tips in mind: 

  • Firstly, it is essential to make sure that you have verified your identity before starting the withdrawal process. This is the number one issue that inexperienced users run into. Verifying your identity might involve sending the sportsbook a copy of your passport or driving license. It can take a day or two to process, but only needs to be done once. We strongly recommend verifying your identity right away after you sign up, rather than waiting until you have already won some bets. 

  • Double-check that your payment information is correct. 

  • Try to withdraw during business hours when the customer support team is available to approve the request. 

  • Similarly, avoid making large withdrawals on weekends or holidays, as this can cause a delay. 

  • It is worth considering that delays can be caused by factors like the size of the transaction, finalization of prop bets or other special bets, and a high number of wagers during major events.

Fastest Payout Sportsbooks FAQ

Which sportsbook has the fastest payout?

What should I do if my payout is taking longer than expected?

Do sportsbooks accept withdrawals on the weekend?

What’s the best way to find out sportsbook payout times?

Do I need to verify my identity to withdraw?

Are there any hidden fees associated with withdrawals?

Popular Payment Methods at US Sportsbooks

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AUTHOR

Rhianna Padman

57 Articles

Rhianna started her career in iGaming after graduating from the University of Exeter in 2022. She was introduced to the world of iGaming while living in Malta, developing a keen interest in sports and casino betting.

More info on Rhianna Padman
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