Feb 01, 2021 4 Reasons To Seek The Fastest Sportsbook Payouts Possible. Your reasons for wanting quick access to your money might differ than ours. Or, they might be exactly the same. The important thing to remember is that some sports betting sites pay out faster than others. And they seem to do so on a consistent basis. Bettors can only use BTC for payouts. Bitcoin is by far the best payout method when you consider the higher fees and faster processing times with the other cashier methods. We recommend it over the.
It’s my money, and I want it now! We all know the feeling of waiting on a deposit before buying those shoes we wanted, or that watch, or that car, depending on how you roll. When it comes to sportsbooks with the fastest payouts, the math is pretty simple: faster is better. You don’t want to miss a car payment because you were waiting on a check. Payout methods will vary with each sportsbook, and it’s important to take each of the variations between sportsbook payout methods into consideration when choosing one.
When choosing a sportsbook, you need to look for what withdrawal methods are available for Americans. The site may offer a wide array of options, but only a few options will be available for U.S. players. If you are not sure what they are, contact the site and find out. Some criteria to look for when searching for the fastest U.S. sportsbook withdrawals will be any fees attached to specific methods, and more importantly, limits to how much you are able to take out at a time. Even the best USA betting sites put a cap on how much players can withdraw at one time.
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.
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. 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.
Bovada Payouts - Bitcoin, Checks, Wire + Bank Transfers
Bovada is the most popular offshore sportsbook in the US, and it boasts millions of satisfied members. Now, one of the key considerations when it comes to sportsbooks with the fastest payouts is that those books actually pay their customers. And while all the books we recommend are dedicated to timely payouts and customer service, no book has a better reputation for immediate payouts than Bovada . This is likely due to the site’s more limited withdrawal options, as you can only claim payouts via Bitcoin, Bitcoin Cash, or courier check. While competing sites might offer payouts that suit your needs better, Bovada has opted to streamline by offering only the most common and reliable methods.
If you request your Bovada sportsbook payout via BTC, you will typically have your request processed within the hour. Additionally, there are no added fees for withdrawing via Bitcoin, making it the most financially friendly method for bettors who are already set up to use the cryptocurrency. The Bitcoin and Bitcoin Cash withdrawal minimum at Bovada is $10, while the maximum is $9500. You can request a BTC payout every 3 days at Bovada.
If you opt to receive a courier check to claim your winnings, you can choose to receive one check payout for free per 90 days. You can request them more often, though these will come with processing fees of $100 for each additional request. Checks also take a lot longer to arrive, usually averaging between 10-15 business days. Courier check withdrawals from Bovada must be for at least $100 and can be for no more than $3000.
MyBookie Payouts - Bitcoin Withdrawals Approved Within 48 Hours
MyBookie, while newer to the game, understands that timely, guaranteed payouts are what make or break most online sportsbooks. To that end, you have a variety of options when it comes to claiming your winnings. However, as with most books, Bitcoin is the number-one way to quickly and inexpensively receive your payouts. With a Bitcoin withdrawal at MyBookie, your request is guaranteed to be processed within two days at the most, and once initiated, you will have your BTC deposited directly into your digital wallet within minutes. Generally speaking, it is impossible to find a faster, more reliable payout method than Bitcoin, though MyBookie ups the ante by ensuring that your request is approved ASAP in order to more expediently kick off your BTC transfer.
Other withdrawal options available at MyBookie are slower, but they’re particularly good for more traditionally-minded bettors, as many folks aren’t yet on the Bitcoin bandwagon. If you haven’t taken the crypto plunge just yet, you can request your MyBookie payouts via wire transfer or e-check. Wire transfers will usually incur large fees and take up to a week before you can claim your money stateside, while e-checks are faster but come with similar high fees. Neither method can compete on Bitcoin for pure speed and convenience, but it’s definitely great to have options, and MyBookie is dedicated to making sure you can get your winnings reliably and safely, all in a manner that works for you!
Best Sportsbooks For Us Players
Online Sportsbooks With The Fastest Payouts
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|---|---|---|---|
| Review | 50% Up To $250 |
| Review | 50% Up To $1,000 NEW! |
| Review | 50% New Member Bonus! |
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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 Sportsbook Payouts:
There are many reasons as to why you should be using Bitcoin when asking for payouts from online sportsbooks. 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.
Best Online Sportsbook Payouts
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:
Best Sportsbook Payouts 2020
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 Using Wire Transfers Or Western Unions:
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.
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.
FAQ'S About Sportsbook Payouts
How fast can I cash out my winnings at online sportsbooks?
The answer to this question will completely depend on the sportsbook that you are betting at. The average time for all of the sportsbooks that we list on our website is less than 3 days. Bitcoin sportsbook withdrawals are the fastest, with your winnings reaching your BTC wallet within hours of when you put in your request.
What personal information do I need to provide to request a payout at USA sportsbooks?
The answer to this can vary a little bit, but there is some general information that most online sportsbooks will require before they cash you out. You will have to provide at least one form of I.D. (like a copy of your driver's license) at every sportsbook. If you used a credit card to deposit, you will need to provide a copy of that card, sign a credit card form supplied by the site, and maybe even provide a copy of a light bill or similar document. Basically, they need to make sure that you are who you say you are. This is for your own protection - you don’t want people taking your money from a sportsbook.
Do I need to give my social security number to request a payout?
No, you typically do not need to provide a social security number to request a payout. The verification process usually only involves the standard identity documents and a credit card form. Be very careful with any sports betting website in 2021 that asks for your SSN - it is likely to be a scam.
Do any USA online sportsbooks offer instant payouts?
As we have stated on this page, Bitcoin is the fastest method to receive your money. This would be the closest thing to an instant payout, as you have liquid funds in your account the same day as your request. All sportsbooks, however, ask that bettors allow 24 to 48 hours for their withdrawal requests to be processed so don’t expect these funds the second you request your withdrawal.
Is Cashing a Bovada Check Illegal?
To understand why it is legal to cash a Bovada check, you’ll need to know a couple of things about how the United States regulates gambling. Bovada is offshore because they want to avoid the laws and restrictions of the United States. The good news is that the legal weight of the law is aimed at banks. You won’t get in any kind of trouble - it’s not against the law for you to do this. Your bank might, and some banks restrict transactions because of it but many people have deposited a check from Bovada.