Best Sportsbook Payouts

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  • 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.
  • Payout times do vary by payout method. Check, bank wire, and Bitcoin times will be different; usually, Bitcoin is the fastest and payouts by check are the slowest. While sportsbooks will accept deposits via credit card, this is not an available method of withdrawal for US bettors. Sportsbooks with the Fastest Payout Times.

Most of the sports bettors we know like to see their winnings show up in their wallet as fast as possible. Placing bets at the top online sportsbooks is a fantastic option for you to turn to, as long as you are doing it at one of the most trusted sites.

Few things are worse than winning a bet, only to see that it is taking weeks for those funds to actually show up in your bank account. How do you know if the site you are betting on will transfer you your winnings in a timely manner? Don't you want to be able to avoid those headaches?

Making a deposit or a withdrawal is easy and only attracts a small fee. For first-time deposits, the processing fee of 4.9 percent is waivered. Payouts are done using rapid transfer, otherwise known as money gram. Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms.

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All you have to do is click on one of the sites we recommended for you above and you can start betting with confidence. Place your wagers knowing that when you make that right pick, you are going to get rewarded for it. Not just by money showing up in your online account, but by having no issues trying to transfer the money straight into your pocket.

We are going to talk about the different questions that come up and what to look for when deciding where to place your bets. Of course, telling you what sites to sign up on blindly wouldn't be fair, so allow us to explain.

Why Did We Choose These Sites?

This one is short and sweet. We take pride in making sure we don't endorse sites that our readers will be unsatisfied with — period. Your gambling experience is not to be taken lightly, and you deserve to bet on sites that take your business seriously. This is why we didn't just pick sites to list. 'Picked' isn't the right word because what we did was rank the sites based on their performance.

There are plenty of sites that have a wide selection of sports to bet on and that may even be really easy to use. Other sites have the most up-to-date software and always have a customer service representative willing and able to assist you with any questions. These are terrific factors, and we consider them all.

However, if you are placing sports bets at a site with which you can't be sure if and when your winnings will be credited to your actual bank account, then what's really the point in making the bets in the first place?

As significant as all those areas of a site are, the legitimacy of the banking options take precedence.

When we say 'legitimacy,' we are talking about a couple things. The sites listed at the top of this page have reliable methods to withdraw funds. These are also the sites with the fastest and most secure withdrawal processes the online sportsbook industry has to offer.

We had dedicated individuals take the time to make sure these sites won't let you down. It isn't just about having loads of options to deposit or withdraw your money. We care about efficiency, and in this case, speed.

Have faith that getting your winnings off the site quickly won't be the issue. Picking the winners and turning your wagers into winning bets will be your biggest challenge!

Why Do Some Transactions Get Blocked or Take So Long?

Unfortunately, this portion of our segment on fast payout betting sites isn't always going to be in your control. What do we mean by that?

We mean that you shouldn't take it personally or think that it is your fault if a banking transaction is not being completed as rapidly as you think it should. There are times when the process of seeing your winnings 'actually come to life' doesn't go as smoothly as you had hoped it would.

The reason our team of industry experts created this page was so you can avoid these scenarios. Anyone who has bet sports over the internet before knows not every site will complete your requests for a withdrawal in a reasonable amount of time, if at all. This could be due to a few different things.

Some sites will tell you things they say in their 'Terms and Conditions' protect them from having to release your funds. Perhaps your bank does not accept checks or transfers from companies in a specific region. Nobody likes the fine lines and small print at the bottom of the page, and nobody wants to be surprised.

The great news is that we weeded out those 'bad apples' for you. The sites that will come up with excuse after excuse simply didn't make the cut onto this page.

Those 'Triple Ps' aren't always your best friend. Sure, sometimes having a third-party involved can help smooth over transactions and make everybody happy. Luckily, those are ones you will find in the banking options on the most premier sites in the business, like the ones we suggested.

The bad news is that sometimes the reason your payment gets 'held up' is because one of the 'less than reputable' third parties isn't adequate. Be careful in your future endeavors using payment processors you don't trust. Stick with the sites here and those troubles stay away.

Pick the Option That Works Best for You

Hopefully you are winning a bunch of bets and now you have to decide how you want to withdraw those winnings. We gave you a list of sites that offer dependable and efficient methods to do so. Which of those methods is the best isn't always a black and white answer.

Depending on exactly what your goals are, you may want to choose an option that someone else has no interest in. Take a look at what we mean and read a little about each of the common options.

Bank Wires

How long a bank wire takes from the time you initiate the request until it shows up in your bank and is available to spend can vary depending on your bank. This process can sometimes be completed the same day and in other cases may take up to 7-10 business days.

Choosing to release your funds in Bitcoin will happen instantaneously. Be cautious, as we all know the price of Bitcoin fluctuates by the second.
Bitcoin Sites


Credit and Debit Cards

Many people feel safe about using this option, as their credit and debit cards seem to never be farther away than an arm's reach. Expect to see your funds within a couple of days. Allow up to 5 days before worrying, but more times than not it will take less than that.

E-Wallets (Neteller, PayPal, Skrill, etc.)

These may just be the best and easiest way to transfer your money from your online sportsbook account directly into your wallet. The only problem is they may or may not be an available option to you depending on where you reside.

If the site you are betting at list one of these companies as an option, you have our blessing to proceed forward. You may see your money pop up in your account instantly, and it may take up to 3 days. Transactions using the e-wallets are protected and a smart decision to make.

Check

Believe it or not, but yes, people are still using paper checks today. Don't feel forced to select this option as it can take up to a couple weeks for the check to arrive via the mail. If you happen to be old-fashioned or not in a hurry, there is nothing wrong with this choice.

If you want to avoid waiting and walking into your bank with a check from a website they probably haven't heard of, we suggest sticking with one of the other options. They will be much faster and much more private.

Prepaid Debit Card

The prepaid debit cards can be great, but they can also present some drawbacks. In other words, there are some pros and cons. The pro is straightforward — the transaction happens immediately, there is no waiting, and there are no questions.

The cons would be that these cards can be capped with a limit. This means you may only be able to withdraw a portion of your winnings. If you want the remainder released from the site and into your bank account, you may have to purchase additional prepaid cards.

Betting Sites with Fast Payouts Reign Supreme

Let's just be honest here, ladies and gentlemen. Whether you need the money immediately or not, a site that is able to process your request for a withdrawal and act on that accordingly is the type of site you want to be associated with. They are undoubtedly the most professional in the industry.

If your boss only paid you your salary checks when he or she felt like it, it wouldn't be fair, and you would be ticked off. The online sports betting area should be no different.

The most respected online casino operators understand that getting your money to you quickly and safely means everything.

If you are spending your time and hard-earned money betting on their sites, the least they can do is release your funds to you in a timely fashion.

Many of them will offer loyalty and VIP programs, and you will want to take advantage. The more frequent of a customer you are, the more the site will know and trust you. Don't think this means you will be treated 'any less' if you are a first-time bettor on their site. Those of you who have never placed a sports bet online before are equally important.

However, the fact does remain that if you have already bet money on their site before, you already have a relationship of sorts established between the site and your bank. Once you successfully withdraw money the first time, it is all smooth sailing from there.

To Summarize

Don't waste time exploring, hoping a new site you come across is going to keep your sanity in check when it comes time to withdraw your funds. Join the sites we listed at the top of the page and you will be in good hands.

Best Sportsbook Payouts

We told you why we recommended the sites we did. In this particular page, we looked at the speed and safety of withdrawing your money as our main priority. These might not be the sites with the most prop bets for every single sporting event. But rest assured these are the sites that won't leave you hanging when it's time to press 'withdraw' and collect your winnings.

There are so many betting sites out there nowadays, you will inevitably encounter situations where the withdrawal process is taking longer than you anticipated, and frankly longer than you have the patience for. Due to some relationships between banks and casino operators as well as laws based on where you may live, some transactions can take longer than others.

This is why it is increasingly more imperative to be betting on sites that are completely trustworthy like the ones at the top of this guide. Once you arrive on the sites, you will be able to scan through multiple options for how you want to receive your money. Take the time and pick the most appropriate option for you based on your personal situation.

That is all it comes down to, folks. We can't stress enough the importance of placing sports bets at sites that are going to pay out your money swiftly. We did the homework for you and gave you the sites. Now it is up to you win some games so you have some money to withdraw!

You want the fastest payouts right? Sports bettors understandably want the fastest sportsbook payouts possible. Having quick access to your funds gives them flexibility. You can take advantage of great lines offered, use the money to celebrate a major win. Or, you can ensure the money is ready to move on a highly-anticipated sporting event.

This list is our weekly updated payout report from the sportsbooks on our Good list.

Last Updated 2/1/2021 – 2021 Payouts & Cash Outs Update

  • Bovada – Check payouts are taking about 48 hours to your door. This is after your cash out request is approved. Getting approved can take a bit of time if it is your first withdrawal. Keep in mind that only once per month you can get a Fedex overnight delivery – always deposit your check right away at your normal bank! I would not try and cash it at a gas station or check cashing place. Players get one check free per month Bovada will be encouraging you to utilize bitcoin. It's easy to set up a wallet to receive BTC from Bovada and they pay out promptly. Usually within hours once your account is established. I wrote a bitcoin gambling wallet guide if you want to get set up (short answer is use Green Wallet from Blockstream.)
  • Bet Online – Bitcoin cashouts preferred and take within 24 hours of request. Check payments take 4-5 days or so, which is consistent with previous months. They are pushing bitcoin for cash outs and deposits (as is the entire industry).
  • Bookmaker – No more checks to anyone at Bookmaker – you need bitcoin or crypto to cash out (or in). Checks were taking 3-4 days but they are really pushing crypto. However they always pay lightning fast, with bitcoin to me on the first week of the month. Bitcoin payments are about 1 day on average and mine was within hours.
  • MyBookie – My honest answer is that they pay, but it's not as fast as the other sportsbooks. Slower pays here up to the end of the month but they manage to make payouts. Players are getting paid via check and crypto. Checks take about a week right now. This book is honestly somewhat of an enigma for me. Some months they pay out way sooner than other. Reports from the internet is that payouts are taking about a week. More details to come soon.

2021 Sportsbook Cashout Report – Updated All Month Long

February 2021 – Expect Bookmaker on Tuesday or Wednesday. Bovada around the 7th with BOL coming in a couple days later. Updates as payouts are received.

January 2021 – It's a new year and we are following the speed of payouts from sportsbetting sites all year long. Bookmaker and Intertops expected within days. Bovada around the end of this week. Bovada paid on 1/7/21. Betonline paid on 1/18 to BTC wallet. Mybookie paid on the 29th. More updates as they roll in.

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December 2020 – As we close out the final month of this year, we have a wide range of payouts coming in. Expect bookmaker on 12/3 (yes, was paid), nothing from intertops, Bovada around the 10th. BOL and Mybookie expected by the 20th and 30th respectively. Bovada paid 12/7, right on time as usual. Betonline in on the 15th. Waiting on Mybookie expected at the end of the month *Mybookie paid on the 24th, early for this this month.

November 2020 – Updates as they roll in. Intertops paid to player account 11/2, expect BTC payout within a couple days. Bookmaker due. Expect Bovada by the 10th. Bookmaker paid on 11/6, Bovada on 11/9. Updates as they happen. Betonline and Sportsbetting paid on the 10th. *Mybookie paid on the 30th.

October 2020 – *5dimes did pay out at the end of last month, for what is likely the last time ever (RIP) on 9/27. Bookmaker on 10/5 paid, Bovada paid on 10/8. 10/19 – waiting on BOL and Mybookie within the next week. BOL actually send payment earlier back on 10/14 but wasn't reported here properly.

September 2020 – ***5Dimes is pulling from the USA market. Withdraw your funds ASAP! We are on hold with them trying to get paid the remainder of our account balance. I expect to be paid but you never know. Bookmaker to pay shortly and Bovada within the week. Updates as payouts start coming in. Intertops paid on 9/7, Bovada paid on 9/9 (to cashier on 9/7), Bookmaker on 9/4, 5dimes on 5/4. *special note on 5dimes, we learned they are leaving the USA market as of 9/25. We recommend withdrawing your balance ASAP. Bitcoin preferred withdrawal method. Betonline paid on 9/14. Mybookie paid 9/24, same time as last month.

August 2020 – Intertops paid on 8/3, 5Dimes after some delay from last month, paid out fast on 8/3. Expect Bovada on Friday 8/5, actually Bovada paid to cashier on 8/4 and then via BTC on 8/5. Updates as they roll in. GTbets began payout on 8/4. Betonline and Sportsbetting paid on 8/15. Mybookie paid on the 24th.

July 2020 – Intertops began payment on 7/2. GTBets, Bookmaker and 5Dimes expected within a few days. Bovada and Betonline shortly after. Bovada paid on 7/7 to cashier available to withdraw bitcoin. Mybookie and BOL paid by 7/25.

June 2020 – I was late on the updates this month, however the good news is that on 6/15, most of the sportsbooks have paid. The early guys included Bookmaker, 5Dimes, Intertops and GTBets. These Closely followed by Bovada and Betonline around the 10th. Mybookie is expected around the end of the month. Will update as soon as Mybookie / Xbet arrive.

May 2020 – It's strange times we are in. But the bookies are still paying. Intertops 5/4, 5Dimes 5/3 initiated the payout process, other sites as they roll in. Bovada paid bitcoin on 5/11 (in our btc wallet, not just in cashier). BOL paid to bitcoin wallet on 5/8. Waiting on Mybookie as usual expected by the end of the month. GTbets a new bookie paid early this month as they are reported to usually do as well on the 4th.

April 2020 – It's more important than ever to keep up with the world of payouts from the sportsbooks as the influx of cash has slowed due to no sports to bet on. These books remaining liquid is of upmost importance. Let's get to the payout report. 4/2 – 5Dimes paid via BTC as well as GTBets. Bookmaker would have paid however there was not a payout due from them. Mybookie actually finally paid on April 2 from a payout due in March. Bovada and Ignition paid nice and early again this month, on 4/7.

March 2020 – 3/2 – Bookmaker and 5Dimes paid early on the 3rd of the month as usual this month. Updates as they roll in. wow Bovada paid super early this month, on 3/6 making up for a late payment the previous month. Betonline paid out on 3/12.

February 2020 – Bookmaker and 5dimes both paid on 2/5. GTBets will be added to the payout list this month with payment on the 8th. Bovada is offering a new payout method this month and I will report on that once it is complete. Payouts expected to be available around the 15th. The payout was late this month from Bovada as they rolled out a new cash out method. Payments should be here via Bitcoin on 2/21 as they withdrawal was approved on 2/20. Actual Bovada payment arrived via BTC on 2/24. Betonline is late this month but they have paid (Paid on 2/23).
Expect Mybookie payout around the 25th.

January 2020 – 1/13/2020 update – Expect Bookmaker and 5dimes by 1/5 Bookmaker paid 1/8 via BTC, 5dimes paid on 1/8 via btc. Expect a slight delay due to the new years holidays. Updates coming as they roll in. Intertops 1/10, Bovada and Betonline expected this week around 1/15). Betonline paid on 1/14, Bovada paid on 1/15. Due up next is Mybookie which is expected closer towards the end of this month. Mybookie paid on 1/25 to finish out our expected payments due in January.

2019 Sportsbook Cash Outs/ Payments by Month

December 2019 – Sorry for the late updates this month. I was playing poker in Cherokee at the WSOP Circuit. Anyway – 5Dimes paid 12/4. 12/16 – Bovada, Betonline and Sportsbetting paid via bitcoin. bookmaker paid 12/19 after re-requesting payout. They missed our first of the month request. 12/6 – No payments in yet. Expected this week. Updates as they roll in.

November 2019 – Expect most payments to start arriving week of 11/3 with Bookmaker and 5dimes leading the way as usual. Updates as they happen. 11/7 Betonline paid early, Bookmaker and 5dimes requested and will be processed by 11/8 and will updated if not (payouts did happen 11/8 from both altho 5Dimes took an extra day due to their cashout out verification policies that require a phone call. Expecting Bovada early this month as well, but that is not confirmed. Bovada paid exactly the same time as last month, Friday the 15th just as the office closed up for the week. Mybookie paid from last month, finally in the first week of November, they always pay but they pay late in the month.

October 2019 – 5dimes on 10/2 via bitcoin, Intertops 5/7 via bitcoin. Bookmaker via BTC on the 4th, Bovada paid on 10/18 15th, Expect Betonline this last week and Mybookie by the end of the Month. Updates all month long as they roll in.

Irish poker boards. September 2019 – Expect payouts from all bookies this month, will report as they roll in (labor day on Monday so will likely see bookmaker and 5 dimes by 9-5). Bookmaker paid 9/4. 5Dimes paid 9/3, Intertops 9/5. Bovada paid 9/19, Betonline/sportsbetting on 9/15. Mybookie late as usual however payment is always eventually made.

August 2019 – Sorry for the late updates, I was playing poker at the WSOP in Cherokee. 5Dimes paid 8/3. Expect Betonline and Bovada withing 7-10 days. Bovada paid via BTC on 8-16. BOL paid on 8-18. I do not expect a payout from bookmaker. Mybookie due in within 5 days.

July 2019 – 7/2, 5-dimes began cashout verification and we replied via wrong email then left for Vegas. 7/3 – No payment from bookmaker, 7/4 Intertops paid to player account and can withdraw via bitcoin, 7/12 Bovada paid via BTC, expect Betonline (came in on 7/17) and Mybookie not in as of 7/26, expected soon.

June 2019 – 6-17 update, 6/6 payments are delayed on our side due to things on our end this month. Bookmaker 6/10, 6/13, Betonline paid via Bitcoin, 5dimes to pay as soon as we request. 6/17 Bovada in on time, 5dimes within two days of request 6/20. Updates as they roll in.

May 2019 – 5Dimes paid 5/2. Bookmaker paid on 5/3 via btc. Intertops on 5/3. Betonline 5/15 and again on 5/20, Bovada 5/16. Mybookie paid 5/24.

April 2019 – 4/5 – 5Dimes payout via BTC, 4/4 – Bookmaker via BTC, Intertops paid 4/2.4/18 Bovada paid via BTC. 4/19 Mybookie paid, All sites expected this month so will be updating as they roll in.

March 2019 – 3/1 – no payment expected from Bookmaker so they get a pass. 3/4 Intertops paid, 3/5 expect 5dimes 3/7, Betonline paid 3/9 and a second payment on 3/20(larger amount). Bovada was due to be in on the 20th but we had a slight hiccup on our end (our fault) on getting paid. All other bettors paid fine – altho Mybookie pressed out into early April for payment, but paid in full but a bit later than usual.

Feb 2019 – Bookmaker 2/2 paid via btc, 5dimes 2/5 paid via btc, Intertops paid 2/7. Bovada paid 2/19 a couple days later than before. Betonline in on 2/15, right on time.

January 2019 – 1/4 Bookmaker paid via btc, 5dimes 1/10, Intertops 1/12, expect Betonline paid 1/13, Bovada paid on 1/15 right on time. Mybookie paid 1/27.

Last Year

December 2018 – 12/7 = Bookmaker on 12/4, Intertops paid, 12/11 Betonline paid one account and 12/13 paid the second. 5dimes had no payout this month. Bovada paid 12/17, on time.

November 2018 – 11/2, 5Dimes paid (kinda) as they declined our bitcoin withdrawal because we didn't answer the phone when they called us the first time. Then they had us re-try once we contacted them back. The re-try was working until their system flagged us for requesting more than one cashout in a 7 day period (sigh). We didn't go through the hassle of trying to explain to them why we've requested a withdrawal twice within 7 days and just figured we would wait a little bit. Bookmaker in on 11/6. Betonline on 11/7 (very fast). Bovada on 11/20 which is on time for them.

October 2018 – 5Dimes leads the way this month with BTC paying out on 10/2. Bookmaker 10/4, Betonline in on 10/10. Bovada has paid, altho later than usual but within their window of 10/22. Mybookie and more soon. Will update as they roll in.

September 2018 – This month we had 5dimes in 9/6, after jumping through many hoops to confirm my identity even for bitcoin payouts. Betonline in on 9/11. Bovada in on 9/19. Payments expected soon for Mybookie. Updates as they roll in.

August 2018 – 5dimes paid 8/2. No bookmaker payment due again. Betonline/Sportsbetting paid on 8/14. Bovada updated to expect payout on the 20th, however we are still waiting (8/21) *update, Bovada payment received the afternoon of the 21st.

July 2018 – Bookmaker, 5Dimes, Intertops all paid by 7/9. Bovada in 7/18. Betonline made last months payment finally around the 4th. They also paid on time for July (16th). We will continue to be watching closely this month as they were very late last month.

June 2018 – Bookmaker paid via btc 6/5, 5Dimes paid btc on 6/5, Intertops on 6/15, Bovada paid 6/18. Betonline expected this week (6/18). No payment yet from BOL. BOL paid July 3, very late. Due to BTC processing (they couldn't buy enough bitcoin in time??)

May 2018 – Let's see who pays first. Bookmaker 5/1 is in. 5dimes paid 5/3, Cloudbet 5/2, Expect Bovada and Betonline within the week 5/14. Betonline paid on 5/22 via BTC.

April 2018 – Betonline now paid via bitcoin 4/17. Bookmaker, Intertops and 5 dimes payments were made on April 4th, 5th and 6th. We expect Betonline and Bovada within 5 days. Payments will be recorded here.

March 2018 – Let's see who pays out first this month. Bookmaker on 3/1, 5dimes right behind. Intertops 3/3 paid to player account. Bovada 3/9 paid in full. Expecting Betonline any day now. Betonline had major DDOS attacks all month long that they were dealing with.

February 2018 – 2/14 – Bovada via BTC, 02/13 – Intertops paid via BTC after switching to check last month. Betonline processed payment 2/14. Bookmaker and 5dimes paid first week of February. 2/13 Currently waiting on Bovada (any day now and which is still on their payment time window).

January 2018 – Intertops paid to player account on the 2nd but could not pay with bitcoin because of network congestion! Are you serious? They sent a check which arrived on Monday the 8th. Wow, bitcoin deposits are disabled at Intertops because of the high fee's and network congestion. Come on Bitcoin, get your shit together and get Segwit or Lightning or whatever solution is in there in place to be able to USE bitcoin not just have a store of value (/endrant). Will update as details become clearer.

Changes In Payouts – Cash Outs in 2020 (Prediction)

Bitcoin and other crypto currencies are becoming the fastest, easiest and safest way to deposit and withdraw at one of the legit offshore sportsbooks available to most of the USA. If you are in the US then you are going to want to get properly set up with cryptocurrency for real money online gambling.

Bitcoin makes processing payments simple for the offshore bookmakers. And the offshore bookies are where you get your best value when betting (most of the time). The offshore guys have adopted crypto in big ways.

Not only has it become the most successful deposit method (with virtually 100% of the deposits being successful compared to about 50% success using credit card) it is becoming the preferred method of cashing out.

In some instances it has become the only method of cashing out. One of our players recently hit a parlay at the sportsbook at Americas Cardroom (sister site to bookmaker.eu who we promote here) for a little over $1000. They could only cash out with bitcoin.

Sportsbooks are moving to crypto to process payments. It began with affiliates and is being encouraged to players. Get familiar with bitcoin as it is has changed the online gambling marketplace. You can find my short list of legit bitcoin sportsbooks here.

You do not have ‘invest in bitcoin' to use it to gamble online with. Once you are set up with a wallet and have an account on a ‘fiat exchange' like Coinbase or Localbitcoins you can quickly buy bitcoin, send to your wallet and then deposit at an online sportsbook without holding your money in bitcoin format.

I have a handful of bitcoin gambling guides. Check these out:

  • How To Buy Bitcoin For Gambling Safely – Step by step instructions

Best Online Sportsbook For Payouts

**Have you requested a cash out recently? Please leave a comment on this page with which sportsbook, which withdrawal method and how long it took to get the money in your hands. We and the other sports bettors thank you in advance! Thanks!

The above sportsbooks are on my short list. You win, they pay. Do not bet at the slow pay / no pay sportsbooks. There are sometimes delays in payments that happen, whenever Uncle Sam decides to come after processors in a big way, but these sites have been through it before, have weathered the storm and pay out. Period.

Obviously fast cashouts are always preferable to slow ones. When your money is out of reach, it's as if you're making an interest-free loan to someone. If you can avoid it, allowing it to happen is a bad business decision.

Finding the best sportsbooks online is challenging – we've done the work for you! Check it out!

We realize how difficult it is to find the fastest-paying online sportsbooks open to USA players. Below, we'll point you to the books we use. First, let's take a closer look at some of the reasons you should limit your betting activity to US-friendly sportsbooks with the quickest payouts.

What's going on here with this payout report?

I get paid every month from most of these bookies. I report on when that payment comes in. Slow pays to me mean concerns for you.

A sportsbook is only as good as it's last payout.

Only bet at the books that have consistently paid out. I update the text up above a couple of times each week. I also keep up with payout reports from the betting forums around the web as part of my job so I update back here when necessary.

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. Unless you have compelling reasons to place wagers at slow-paying books, it's in your interest to make a switch.

Here's why fast cash-outs are attractive to us (see if your own reasons dovetail with those below):

    1. Stay Ready To Move On Favorable Lines

Imagine this scenario: you place most of your bets at two or three sportsbooks you've become accustomed to over the years. Most of your funds are held within your accounts. You're locked in.

One day you stumble upon a book that offers everything you like to see in a sports betting site. And it has a stellar reputation to boot. You notice that the site offers several amazing lines, and want to take advantage of them before they shift. Unfortunately, your money is tied up in your other sportsbook accounts. There's no way to gain access to it in time to fully leverage the odds you've stumbled upon.

This is a dilemma you're likely to encounter at some point. In fact, you'll probably confront it more than once. If your money is held at a sportsbook known for processing quick withdrawals, you'll have a better chance of taking advantage of opportunities.

    1. Maintain Spending Flexibility

There are countless things you might want – or need – to spend money on. For example, you might want to take a small vacation with your spouse. You may want to purchase the latest iPhone. Or perhaps your child is starting college and the first tuition payment is due. From buying coveted items for yourself to enjoying experiences with your family to paying for necessities (e.g. a new roof for your home), you want to have funds available.

Now suppose most of your discretionary income is contained in your sportsbook accounts. It might take weeks for you to gain access to it. In the meantime, you may be forced to put other expenditures on hold, some of which might need to be addressed immediately.

The more quickly you can obtain your funds, the better. Here, receiving fast sportsbook payouts can be a huge benefit.

    1. Keep Your Money Productive

Ideally, your money should always be working for you. Whether you're investing in stocks, building an emergency fund, or generating profits by betting on sports, idle funds represent a waste.

You can ensure your money stays productive by shortening the time frame between requesting a withdrawal and receiving your cashout. You'll be able to put your funds to use more quickly and (hopefully) toward profitable ends.

    1. Enjoy Peace Of Mind

No one enjoys the thought of giving up control of their funds. It's unsettling. The only reason most of us feel comfortable leaving a considerable sum in our checking and savings accounts is because the funds are insured. Not so with the funds you keep in your sportsbook accounts.

When the high-profile poker sites Full Tilt and PokerStars were forced to close their doors to U.S. poker players in 2011, many people found their accounts frozen. They couldn't access their money, which, in some cases, amounted to hundreds of thousands of dollars. Those issues have since been resolved, but they reveal a risk taken by U.S. sports bettors.

When you limit your betting activity to sportsbooks with the fastest payouts, you'll have more peace of mind. In an emergency, you'll be able to gain access to your funds more quickly.

Fast Sportsbook Cashouts And Payout Methods

The payment method you chose is going to greatly affect he speeds with which you receive your funds. Some methods are faster than others. For example, transfers such as those sent via person to person are usually the quickest option. By contrast, choosing to receive a check in the mail is typically the slowest. With a wire transfer, your funds are available within minutes. A check may take 3 to 4 weeks to arrive.

Bank wires are also relatively quick, at least in comparison to checks. You'll usually receive your money within 5 or 6 days. Keep in mind it could take longer depending on holidays.

If wires take so little time compared to checks, why would anyone choose checks as their payout option? The reason involves fees. Wires tend to be expensive. If you're in a bind and need cash quickly, paying the wire transfer fee may be worthwhile. Otherwise, it's a very costly way to receive money that is already yours.

It's important to note that there is often a fee to have a check sent out. But the fee is much smaller than the fee charged for a wire transfer. Moreover, depending on the circumstances, it may be waived by the sportsbook.

Even the fastest cash out sportsbooks won't send your money to a credit card, even if you used the credit card to fund your account. Doing so is too problematic thanks to U.S. federal laws passed several years ago. (Sports bettors living in Europe are spared this inconvenience.)

How To Streamline Fast Payouts From USA Sportsbooks

You're going to have to really prove your identity if you're making a first time withdrawal in the United States. A lot of sports bettors become angry when the sportsbooks from which they're cashing out ask them to present government-issued identification (driver's license, I.D. card, etc.).

First, this requirement is normal. Nearly all sports betting sites do it. Second, despite the inconvenience, it's actually encouraging that sportsbooks take steps to verify the identities of those to whom they're sending money.

You can remove unnecessary obstacles to gain quick access to your cash by having the proper documents ready to fax or email over to the sports betting site. When they ask, be ready to accommodate them.

Where To Find Fast-Paying Sportsbooks

We've used the following sports betting sites with great success. Each of them has managed to process and send payouts quickly and without problems.

Bovada Sports – A veteran in the online sports betting industry. Grab a $250 free bonus with promo code 130347. Check our review

Biggest Sportsbook Payout

Remember, fast payouts are always better than slow ones. If you can find the former, why accept the latter? With that in mind, we highly recommend checking out the sites we've listed above.

Top Rated Sportsbooks Online

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