Fastest Paying Sports Betting Sites June 2024

The fastest paying sports betting sites, including BetRivers, DraftKings, and FanDuel, process most withdrawal requests within an hour (and sometimes instantly).

Other sports betting sites that offer fast payouts, such as Caesars and BetMGM, have same-day withdrawals.

See below for the best payout options from each betting site, how fast you can get your payouts, and where to collect your winnings in person.

Top 7 fastest paying sports betting sites

1. BetRivers Sportsbook

You can withdraw funds from BetRivers immediately, but you must use a BetRivers Play+ Card to deposit if you want your money that fast.

Otherwise, you can get your cashout from BetRivers via PayPal in under 30 minutes (as long as you deposited via PayPal).

BetRivers customer support is available via phone, live chat, and email.

2. Bet365 Sportsbook

Best sportsbook for ease of use: Bet365 isn't new to making its customers’ lives easier, having done it in the UK for decades. You can withdraw funds from Bet365 immediately with the cash at the cage option (via a casino affiliated with Bet365), and it's easy to use (access permitting).

Cashing out via PayPal or online banking typically takes less than a day.

Bet365 customer support is available via live chat, phone, and email.

3. DraftKings Sportsbook

Best sportsbook for avoiding small print and ridiculous rules: You may be asked to verify your identity with DraftKings Sportsbook, but no fine print stands in the way of you and your money once that's done. 

You can withdraw funds from DraftKings within an hour, but you may need to use cash at the cage to deposit if you want your money that fast. Otherwise, using their Play+ card or PayPal will get you paid within 24 hours.

DraftKings customer support is available via online request on the DraftKings Help Center and Live Chat.

See more: DraftKings vs. FanDuel

4. FanDuel Sportsbook

You can withdraw funds from FanDuel within two hours, but you must use the cash at the cage option if you want your money that fast.

FanDuel customer support is available via live chat 24 hours a day.

See more: FanDuel vs. BetMGM

5. BetMGM Sportsbook

Best sportsbook for payout variety: BetMGM Sportsbook lets you withdraw funds within a few hours in so many different ways. You can use a Play+ Prepaid Card, PayNearMe, cash at the cage, Apple Pay, and more.

You can withdraw funds from BetMGM within six hours, but you must use a Play+ Prepaid Card to deposit if you want your money that fast.

If you have a problem with your payout, BetMGM customer support is available via live chat and email.

See more: BetMGM vs.DraftKings

6. Caesars Sportsbook

Best sportsbook for customer support: Caesars Sportsbook’s customer support is available 24 hours a day via phone, online chat, and email. The team’s responsiveness and knowledge prove repeatedly that Caesars is there to meet your needs as efficiently as possible. 

You can withdraw funds from Caesars within 24 hours, but you must use PayPal, Neteller, or cash at the cage to deposit if you want your money that fast.

Caesars customer support is available 24 hours a day via phone, online, and email.

7. Fanatics Sportsbook

You can withdraw funds from Fanatics within 24 hours via wire transfer, but the minimum withdrawal via wire is $10,000.

That’s a prohibitive minimum for most users, who will likely use bank transfers.

Fanatics customer support is available via live chat, phone, and X.

Sports betting payout methods ranked by speed

Usually, betting sites and apps process your withdrawals via the same method you used to deposit. That means you can target faster payouts with the right deposit method.

If you're not in a hurry, make your deposits using the most convenient banking method. Otherwise, the following methods offer the fastest payouts. 

1. Cash at the cage: You’ll need to make the trip to a local casino or sportsbook, but you’ll get your money back instantly, or within an hour or two, from most betting sites. Cash at the cage is often the fastest way to withdraw money. However, you should check with the betting site first to see if you can use this withdrawal method, where, and what type of identification or other documentation is required. 

2. Prepaid Play+ Cards: You’ll need to get one of these sportsbook-branded prepaid credit cards first, but you’ll get your money back either instantly or within a few hours from most betting sites if you have one. Prepaid Play+ Cards are often the fastest way to withdraw money online. Plus, you can turn the balance on the card into cash at an ATM.

3. PayPal: You’ll need to sign up for an account with PayPal first, but linking the account to your credit card or bank account will ensure you get your money back within hours from most betting sites. For PayPal account holders, this is one of the fastest and most convenient ways to withdraw money from betting sites.

4. ACH e-check: You’ll need to provide your bank account details to this online bank transfer service, but ACH can deliver withdrawals within a day or two. That makes it one of the fastest online alternatives to cash at the cage, prepaid cards, and PayPal.

5. Bank transfer: You’ll have to have a bank account you can access online to make a bank transfer, but such bank transfers offer withdrawals within a couple of days and five at the most. That’s not exactly fast compared to cash at the cage, prepaid cards, and PayPal, but the money goes directly into your bank account, and there’s no waiting 14 business days for a check in the mail.

How we rank the fastest-paying sportsbooks

It takes more than just speed to make our list of the fastest-paying betting sites in the country.

We consider everything, from how easy it is to access your money to the help the staff provides when you run into a problem.

Here are some key criteria:

• Ease of use: We look for fully functional cashiers that put your money just a few clicks away, no matter your withdrawal method.
• Reliable customer support: We look for customer service teams that are reliable, knowledgeable, and easy to find if you have a problem.
• Verification: We look for betting sites that verify fast, remember and protect your information, and deliver faster withdrawals because of it. 
• Speed: Sheer speed still means something, if not everything, and we look for betting sites offering fast verification, quick withdrawal processing, and a choice of fast banking methods.

3 most common reasons your sportsbook payout is delayed

The best sports betting sites try to balance protecting your money from fraud and giving you fast access to it. Sometimes, they can't deliver on the latter because of the former.

Here's a look at the main reasons why your money could get held up. 

1. Playthrough requirements not met

Betting sites give you a sports betting bonus when you sign up. Playthrough requirements are often attached to ensure you don't just take the money and run.

The terms and conditions attached to most betting site bonuses tell you upfront that you can only withdraw once you’ve met these requirements.

The most likely reason your withdrawal request is being held up or taking longer is that you haven’t met the playthrough requirements yet. Simply meet them to clear this up. Most aren’t too tough.

2. ID not verified

ID verification is a big deal with most betting sites. It’s how they prevent fraud, underage gambling, and money laundering. It’s also how they protect your personal information and your money, preventing either from getting into the wrong hands. 

If you didn’t get your ID verified when you signed up, you’ll have to do it before you can withdraw funds, which can slow things down. Another of the most likely reasons your withdrawal request is taking longer is that you haven’t completed the ID verification process yet.

All you have to do is send a scan of your driver’s license to the betting site, and most will get the verification done fast enough to still offer same-day withdrawals. 

3. Account info is mis-entered

You are responsible for providing the betting site with the correct banking and account information.

It’s easy to slip on the keyboard and mix up numbers when filling out a withdrawal request. Double-check the account info you are sending to avoid a typo holding up your payout. 

Fast payout betting sites FAQ

How long is too long for your cashout to be processed?

Betting sites will tell you how long withdrawals will take with your banking method. If it takes any longer than that, contact customer support right away. They’re there to help.

What are the fees for sports betting site payouts?

Most sports betting sites don't charge fees for payouts. However, some payment processors do when you try to turn a withdrawal into cash. Deposit with one that doesn't, and you’ll always have free access to your money.

What is the maximum amount I can withdraw at a time?

Maximum withdrawals vary depending on the betting site and withdrawal method. However, most allow you to withdraw up to $10,000 at a time. Trying to withdraw more than that may require multiple withdrawals or a special request.

Which betting sites have slow payout times?

In 2022, more than 2,400 complaints were filed with the Better Business Bureau against DraftKings, FanDuel, and BetMGM regarding payout delays and glitches. Customers complained they were forced to wait days or weeks for funds.

In response, the betting sites claimed withdrawal requests are sometimes delayed when there are indications of fraud or money laundering, with regulations forcing an investigation.

It's worth noting again that the best sports betting apps try to balance protecting your money from fraud and giving you fast access to it. Waiting a few days for a payout is undoubtedly better than your money falling into the wrong hands.

Which betting site has the easiest payouts?

Above, we named Bet365 the “Best Sportsbook for Ease of Use.” You can withdraw funds from Bet365 immediately with its easy-to-use cash at the cage option.

This comparatively new betting site in America has been around for decades in Europe, making it the most experienced. Apparently, experience has taught Bet365 to make payouts easy and fast.

Is cash at the cage or online payout faster?

For most betting sites, cash at the cage offers the fastest payouts. However, you can find immediate online payouts with others, and you won't have to travel to a retail sportsbook or casino to get your money.

Online payouts must be considered the faster option based on that travel time.

Which sports betting sites have instant payouts?

The competition is quickly catching up, but BetRivers (via BetRivers Play+ Card) and Bet365 (through cash at the cage) offer instant payouts.

What is the average time for sports betting payouts?

Payout speeds are both sportsbook- and withdrawal-method dependent. Plus, verification and processing can slow things down. However, all things considered, the average time for sports betting payouts sits somewhere around 12 hours.

Do I need to verify my identity to get a payout?

If you didn’t verify your ID when you signed up with the online sportsbook, you’ll likely have to do it before you can get a payout.

You’ll have to send a scan of your driver’s license to the betting site, but most can get the verification done quickly enough to offer you payouts on the same day.

Can I withdraw bonus money?

Most terms and conditions surrounding a sportsbook bonus stipulate that you can’t withdraw anything, bonus money or otherwise, until you’ve met all wagering requirements attached to the bonus. That means placing bets up to a prescribed amount first. After that, anything you win and left over is yours to withdraw.

Can I get a sports betting payout on the weekend?

You can get a payout whenever you want. Most sports betting sites' cashiering functions and customer service departments are available 24/7.