Bookmarker withdrawal options vary with companies, with the best betting sites with fast withdrawal ranking high in terms of rating. This is why it’s important to consider the withdrawal time when choosing a sportsbook. Most bookmakers’ withdrawal processing time ranges from minutes to hours depending on the betting company and the amount. Also, the pay-out method you choose is a huge determinant of how much time you will wait for the amount to hit your account.
To avoid a situation where you have to wait for hours for your money, you need to find betting sites with fast withdrawal system. Luckily, most leading bookies in the market today have made deposits and withdrawals instantly, enabling you to fund or receive your money within minutes.
Whether you urgently need your money or not, a site that assures you immediate or at least minutes of wait is a priority.
Over the years, there has been a rapid rise in the number of betting companies across the world. All the active bookmakers in the market have a 100% chance that your money will hit your account at some point, the difference is waiting time.
There is no good or bad withdrawal method in sports betting; go for one that works best for youKate Richardson, betting expert
This is why you need to scan all the payment reviews and other sports news when choosing the fastest sportsbook payouts. Take your time to pick a sportsbook that will not keep you waiting for weeks before a withdrawal hits your account.
Best payout betting sites
Our top five best payout betting sites include:
- Bet Victor
- William Hill
Why A Withdrawal Could Take Long
Even as you desire fast and reliable withdrawal times in bookmarkers, there are situations where you have no choice but to wait for hours or days before you receive your money. In such situations, it’s neither your fault nor is it the betting company’s fault, Kate Richardson.
Terms and conditions
It’s common for a betting company to delay a withdrawal because of specific terms and conditions governing withdrawals. Some companies do not allow immediate withdrawal when you change your financial information. Before changing the withdrawal option in your account, be sure to go through the bookie’s terms and conditions.
Restrictions from your local bank
Perhaps your bank of choice does not allow checks or transfers from companies based in a specific region. Such a restriction could force you to visit your bank and explain the payment before the money hits your account. Luckily, almost all the best online sportsbook for withdrawals has alternative withdrawal methods, and so you can switch to another withdrawal method that suits you.
Withdrawal times sometimes vary depending on the amount withdrawn. Smaller amounts take a shorter time to reach your account than larger amounts. For big money withdrawals, betting sites with fast withdrawal have bank to bank transfer and cryptocurrencies. Although other methods are applicable, you might have to wait longer before the funds hit your account.
The World Anti-Money Laundering Body recently passed a policy requiring bookmakers to perform a standard know your customers procedure during the first withdrawal or registration. It’s important to provide all the required information to ease things during a withdrawal
Bookmaker Withdrawal Options
All the top bookies in the market offer punters numerous withdrawal methods. Now that you have a list of the most dependable sites in terms of withdrawal, choosing the fastest method is the best thing to do. All these methods are available globally; it’s you to choose one that works best for you.
Bank transfer involves moving funds from the betting site to your bank account. How much time it will take to receive money in a bank transfer depends on the reliability of your bank and its transfer amount. Bank transfer can be completed within a day or seven business days. The withdrawal method is most suitable when you’re looking to withdraw huge amounts from a betting company.
Another rapid withdrawal method you can choose to receive funds from a betting company is Bitcoin. However, be cautious as the price of Bitcoin fluctuates from time to time.
If you’re not careful with your timing, you may end up making huge losses. Another reliable cryptocurrency option available in the market is Ethereum.
Many people are already using credit and debit cards to make their day-to-day payments. They are convenient, fast and easy to use. With Debit and Credit Cards, you can expect to receive your money within five days after initiating the withdrawal.
The most acceptable E-Wallet options available in the market include Neteller, Skrill and PayPal. Depending on your residential country, E-Wallets may be the easiest and fastest sportsbook payouts in the market. Whether the amount is withdrawn, you should expect to receive your money within three days if you use E-Wallet. Additionally, e-wallets are secure and fast.