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Fastest Payout Sportsbooks and Quick Withdrawal Betting Sites for Dec. 2024

Our ranked list of the top sportsbooks for the fastest withdrawals and payouts. Let’s face it, we as sports bettors bet to make money, so not only do we want the best sportsbook promos to save money on bets, but also fast withdrawal betting sites to take out our profits after we win.

Fastest payout sportsbooks

#1

Variety of Banking Options

Terms and conditions apply.

Features

  • Massive selection of markets.
  • Easy-to-use interface.
  • Wide variety of deposit/withdrawal options.

Betway Review

While this book won’t wow you with its design, you won’t find many apps easier to navigate – or with the sheer volume of sports markets Betway offers. Combine that with one of the best esports betting experiences in the province, and you have a global sports betting brand that deserves to be mentioned among the top options in Ontario.

Features

#2

Great Selection of Player Props

Terms and conditions apply.

Features

  • Expansive sports menu.
  • Plentiful in-game betting options.
  • NFL live streaming

BetVictor Review

BetVictor deserves significant credit for remaining relevant three-quarters of a century after first launching its bookmaking product. But its no-frills approach to the Ontario sports betting market is going to be a difficult sell compared with operators who do much more for their customers.

Features

#3

Canada's Most Popular Sportsbook

Terms and conditions apply.

Features

  • Canada’s most popular online sportsbook.
  • Large variety of betting options.
  • Quality live betting options.

bet365 Review

bet365 Sportsbook and Casino launched in Ontario, Canada, on April 4, 2022, as one of the first iGaming operators licensed and regulated by the Alcohol and Gaming Commission of Ontario, iGaming Ontario, and the Responsible Gambling Council.

Features

#4

High Limits and Quality Odds

Terms and conditions apply.

Features

  • High quality odds.
  • Higher limits than average sportsbooks.
  • Massive volume of sports.

Pinnacle Review

It always pays to have an account with Pinnacle to benefit from its generous odds and early opening lines.

Features

#5

Live Betting Odds

Terms and conditions apply.

Features

  • One of the most popular online sportsbooks.
  • Substantial banking options.
  • Wide range of sportsbook bet types.

BetMGM Review

The sports betting platform at BetMGM is easily one of the most popular in the online sports betting market. They offer every sport you could imagine to bet on, a quality live betting platform and live streaming on select events. Unfortunately, if you’re an experienced bettor, you will be limited pretty quickly if you go on a roll.

Features

#6

Great Live Betting Options

Terms and conditions apply.

Features

  • Strong in-play betting component.
  • Easy deposit options
  • Good selection of sports

TonyBet Review

When it comes to the sports betting experience, there’s plenty sorely lacking here. From the vig-heavy odds to the strangely complicated interface to the list of sports with a more European audience in mind, it stands to wonder whether TonyBet truly cares about its Canadian audience.

Features

#7

Quick & Secure Payment Methods

Terms and conditions apply.

Features

  • Most withdrawals within the hour
  • Wide variety of sports & events
  • Automatic early lead payouts

Betano Review

Launched on October 19, 2022, Betano offers a wide variety of bet types for both major and obscure sports plus decent odds for most markets.

Features

#8

New Mobile App

Terms and conditions apply

Features

  • Brand new mobile app.
  • Sizable sports menu.
  • Great customer service.

Bet99 Review

From the sheer number of sports offered (including a veritable buffet of eSports markets) to the ease with which bettors can place their wagers on the new mobile app, BET99 clearly cares about giving its customers a memorable experience.

Features

#9

Wide Variety of Betting Options

Terms and conditions apply.

Features

  • Strong offering of sports markets.
  • New look and mobile app now in Ontario
  • Easy deposits and withdrawals.

Sports Interaction Review

SIA could be positioned to make a dent in the massive Ontario sports betting market. But while the product stands up well, the lack of a mobile app and a mediocre props market, among other things, will make it difficult for Sports Interaction to keep up with the lead pack.

Features

#10

Large Variety of Sports Betting Options

19+ - Gambling can be addictive. Play responsibly

Features

  • Wide selection of live betting markets.
  • Good number of deposit options
  • Strong customer service.

LeoVegas Review

While LeoVegas has earned some praise for its mobile apps and was born as a mobile product, the overall sportsbook experience is average. If you like odds shopping and having multiple sportsbook accounts, then LeoVegas is worth adding to your list of options.

Features

#11

Live Betting on Variety of Sports

Terms and conditions apply.

Features

  • Strong live event coverage.
  • Withdrawals processed quickly.
  • Instant deposits

PowerPlay Review

PowerPlay does have a fine selection of sports and live bet markets, and now you can download the app on iOS or Android.

Features

#12

Worldwide Popularity

Terms and conditions apply.

Features

  • Global brand recognition.
  • In-play betting and live streaming.
  • Quality bet type options.

888sport Review

888sport offers a wealth of global experience being offered in over 100 countries. They’ve been operating since 2008 and are licensed with many different regulators across the world, including the Alcohol and Gaming Commission of Ontario. These regulations make 888sport a safe place to bet as a legal sports betting operator.

Features

#13

Industry Innovator

Terms and conditions apply.

Features

  • New Bet Tracker feature for great NBA experience.
  • 150+ live markets and competitive odds.
  • Early cash-outs and seamless deposit options.

PointsBet Review

PointsBet easily offers one of the best and most unique products in a copy-cat market. As long as you can stay off their radar as a sharp bettor, you will be hard-pressed to find a better product.

Features

#14

Excellent Live Betting Platform

Caesars is a 21+ product

Features

  • One of the world's largest sportsbook operators.
  • Longstanding relationship with Caesars Windsor.
  • Large offering of odds boosts.

Caesars Review

Caesars Sportsbook offers bettors one of the industry’s most expansive mobile betting menus. They offer live betting and live streaming throughout the day, featuring events worldwide.

Features

#15

Large Player Prop Selection

Terms and conditions apply.

Features

  • Strong casino options.
  • Quality live betting selection.
  • Large offering of alternative lines and props.

BetRivers Review

Overall, BetRivers gives you an average sportsbook experience. Yet it is still better than most of the grey market options you’ll find, and you have the safety of betting with a locally-regulated sportsbook.

Features

#16

In-Game Betting Options

Terms and conditions apply.

Features

  • Focus on Ontario sports teams.
  • Unparalleled familiarity with Ontario market.
  • Fresh and exciting wagering interface.

NorthStar Bets Review

NorthStar Bets is now live in the growing Ontario market, promising a “uniquely local, premier user experience.” While not quite in the upper echelon of sports betting providers in the Ontario market, NorthStar Bets can still deliver a good product for those looking for a home-grown, Ontario-centric option.

Features

#17

Luxury Betting Experience

Terms and conditions apply.

Features

  • Good sports coverage
  • Trustworthy security and licensing
  • Strong mobile app

Fitzdares Review

On Feb. 6, 2023, Fitzdares Sportsbook made its international debut by officially launching its online platform in Ontario. Now, new users can take advantage of casino and sportsbook offerings via the same website and app.

Features

#18

Quick, user-friendly interface.

Terms and conditions apply.

Features

  • Customizable cashouts.
  • Personal bet configurator.
  • Quick, user-friendly interface.

NEO.bet Review

From customized cash-out conditions to its proprietary personal bet configurator, NEO.bet players are treated to an experience unlike any other in Ontario.

Features

#19

Ontario-Centric Offerings

Terms and conditions apply.

Features

  • Same day cash payouts in store.
  • No account required to bet in store.
  • 100% of proceeds are reinvested in Ontario.

PROLINE+ Review

PROLINE+ is muddled in Ontario's second or third tier of legal online sportsbooks. They are a step behind the competition operating in the market in most aspects of their product.

Features

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.

21+. Gambling can be addictive, please play responsibly

Payout time and withdrawal methods: Betting sites ranked

Note: Any bonus mentions are for U.S. residents only. Bonuses are current offers and are subject to change.

The fastest payout betting sites are usually those with the most options and make an effort to ensure that players are paid out promptly. Here’s a list of some of our top-rated sportsbooks for fast payouts.

SportsbookAverage payout timeWithdrawal methods
FanDuelWithin 24 hoursOnline banking, PayPal, Venmo, Debit card, Pay+, Check, Cash at counter
DraftKingsWithin 24 hoursOnline banking, PayPal, Venmo, Debit card, Check, Bank wire
CaesarsWithin 24 hoursOnline banking, PayPal, Pay+, eCheck, 
BetMGM1-2 daysOnline banking, Instant banking, PayPal, Visa, Pay+, VIP Preferred, Cash, Check
BetRivers3 business daysOnline banking, VIP Preferred, Play+, Check
ESPN BET3-5 business daysOnline banking, PayPal, eCheck, check, Pay+
FanaticsWithin 24 hoursBank transfer, debit card, Venmo, PayPal, Apple Pay

Fast payouts are important, but on top of that, having an easy-to-use service to access those funds is crucial as well. Some services are not available in some locations, and some take longer to process because they are out of the control of the sportsbook.

Most payout methods: BetMGM ?

BetMGM tops our list for the most payouts methods. Traditional methods like online banking and check are covered, and BetMGM offers instant banking and VISA withdrawal methods. See our BetMGM bonus code for more information about how you get up to $1,500 in bonus bets.

Easiest money withdrawal: FanDuel ?

A combination of average payout time, numerous methods, and a trusted name in 22 states makes FanDuel our choice of easiest money withdrawal. Bettors can be assured FanDuel will payout within 24 hours. See our FanDuel promo code.

Best bank wire betting site: DraftKings ?

For those who have an account at DraftKings, they offer the option of a bank wire withdraw. They can take up to two business days to complete. You’ll need your bank account number and wire routing numbers from your banking institution to use this. See our DraftKings promo code for more information about how you can take advantage of the bet $5, get $150 bonus bets welcome offer.

Best PayPal betting site: Fanatics ?

The process for withdrawing via PayPal on Fanatics will take up to 24 hours to be processed on the Fanatics side, but after that is completed, you should see the funds in your account within 30 minutes. Note that like other sportsbooks, you’ll only be able to withdraw via PayPal if you have previously made a deposit using it. See our Fanatics Sportsbook promo code.

Best betting site for speedy payouts: bet365 ?

bet365 is quickly emerging as a fan favorite among bettors, with a vast variety of different betting markets, and fast and seamless banking transactions. Deposits are always instant and we've never waited more than 24 hours to receive payouts (using bet365's quickest withdrawal methods). See our bet365 bonus code for more details. 

Many of these sportsbooks also run online casino platforms in states where it's legal. Unsurprisingly, they also made our list of the fastest payout online casinos

Additional Sportsbooks

To learn more about additional sportsbooks, see the Hard Rock Bet promo code, BetRivers bonus code, and Borgata promo code sections for all the latest on their welcome bonuses and much more.

Best withdrawal methods for fastest payout

Withdrawing your money — especially for the first time — can be an intimidating process. It’s critical for bettors to understand which payout methods will get them their winnings quickly and with the least amount of fuss.

Reminder that results may vary for each payout option on each sportsbook.

PayPal: less than 24 hours

Play+ is also a good option for fast payouts, but we like PayPal for bettors solely because it is accepted at more of the major sportsbooks. Once it is processed, you’ll receive your funds in your account within 24 hours.

How to find a fast payout betting site

This is obviously the most important aspect. You want a sportsbook and a payout method that will deliver your funds as soon as possible. Sportsbooks may not have control on how long it takes payout methods to process and send funds over, but they have control on how long it takes themselves to process payouts.

Fast internal payout process

This is obviously the most important aspect. You want a sportsbook and a payout method that will deliver your funds with the speed of Usain Bolt. Sportsbooks may not have control on how long it takes payout methods to process and send funds over, but they have control on how long it takes themselves to process payouts.

Customer service responsiveness and problem-solving

There will potentially be problems with verifying your identity or other issues, and having a sportsbook that has excellent customer service will be essential if that happens. Most books will start you off with a virtual agent, with the option of requesting a live agent if the support you need requires escalation. Some sportsbooks will even have a 1-800 number that you can call for payment inquiries only.

No unreasonable fine print on bets and payouts

Sportsbook will put terms and conditions on the bonus bets or deposit match you get upon sign-up. For example, many will have a playthrough requirement that must be fulfilled prior to redemption, ranging from 1x to 20x. Check out our sportsbook reviews to find out in detail what those terms are and what you need to do to be eligible to withdraw those funds.

Numerous withdrawal options

Some withdrawal methods may not be eligible in your state or may be more complicated for some people. Having a sportsbook with multiple withdrawal methods can keep you at ease when making your initial deposit.

Best promos and bonuses for increasing payout

Welcome bonuses and daily betting offers are the best way to increase your bankroll and eventually increase the amount of money you can withdraw. Choosing a sportsbook with a sizable welcome bonus, plus one that offers existing users promos for various sports is key to increasing your future payout. Learn more about the best sportsbook promos for new and existing bettors.

What prevents fast and easy payouts for sportsbooks?

Online sportsbook payouts are not automatic — each sportsbook needs to go through its process to verify your identity, connect those funds with your account, and then submit the request with the payout method you selected. Here are some of the reasons that could affect 

Unverified identity

Your identity must be verified to withdraw funds, so any hiccup in that will cause your payout to be delayed. Make sure your Social Security Number (SSN) is uploaded, as well as any other necessary documentation before attempting a withdrawal. If a sportsbook can't verify your identity through existing means, you may be asked to upload copies of your government ID and proof of address, like a tax or utility bill.

Incorrect bank info

Double check all your banking info is correct, otherwise, it could delay the payout process.  The account number, institution number, and transit number must be accurate if you choose to use any banking option. Even if your money isn't going directly into a bank account, double-check that all financial information is accurate when requesting a withdrawal.

VPNs

VPNs could potentially mess up a withdrawal request, as the sportsbook could either think you're in an ineligible state or in the wrong state entirely. Make sure you're not connected to one while attempting to withdraw money. 

Sports betting by region

Online sports betting can differ between regions. SBR offer the latest insights and scoop on developments and updates specific to your region below.

North Carolina Online Sports Betting Launch

North Carolina sports betting launched on March 11, 2024, so keep an eye on our picks for the best North Carolina sports betting apps and North Carolina sportsbook promos.  

Online sportsbook payouts and fast withdrawals FAQs

Which sportsbook has the fastest payout?

FanDuel and DraftKings have the fastest payout times on average.

What’s an average wait time for payouts?

For most online sportsbooks, 2-3 business days is the average wait time for payouts.

How long does it take sportsbooks to payout?

Depending on the sportsbook it will take anywhere from two days to more than seven days to receive your payout.

Do sportsbooks accept withdrawals on the weekend?

Yes, although some sportsbooks measure time to process in business days (aka weekdays and non-holidays).

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

Each sportsbook will list the methods of withdrawals on their website, alongside the average time it takes to payout with each method.

Do I need to verify my identity to cash out?

Yes. You will have to verify your identity with your Social Security Number, and whatever other documentation the sportsbook also requires.

What payout method is the fastest?

For online sportsbooks, PayPal or a Pay+ card are the fastest payout methods.

What payout method is the slowest?

Checks are the slowest payout methods. They can take up to seven business days after processing but are only available in some states.

Are there any hidden fees associated with withdrawals?

No, but there are minimum and maximum withdrawal limits for each method at each sportsbook. Make sure to check the limits at your sportsbook before submitting a withdrawal request.

How can I exercise caution when withdrawing from a betting site?

Make sure you know how long it can possibly take to withdraw, the minimum and maximum you can withdraw, and your available payout methods in your state. Legal online sportsbooks have to answer to your state’s regulatory gambling authority, so there is a recourse in case there is a dispute.