Are There Fast Withdrawal Betting Sites?

In terms of withdrawal of funds, there are two types of bookmakers. Those who process requests quickly and those who do it slowly. It is actually hard to know in advance which betting sites are more efficient. Roughly speaking fast withdrawal betting sites also have a great reputation, security features, mobile app or optimised mobile version, and 24/7 support via live chat, phone, or email.

So to avoid slow bookmakers you should go for well-established ones with licenses and good reviews. Otherwise, you can choose the fastest withdrawal betting sites from our Top-10 list and you could have your winnings comparatively quickly. Also, remember that fast withdrawals from reputable betting sites usually come without any fees.

If the player’s identity is previously confirmed, the withdrawal request will be processed instantly, otherwise, the bookmaker’s team will have to spend some time checking your passport, bank card and other documents. So go through the KYC (Know Your Customer) procedure when you create an account with the betting site.

You may need to submit proof of identity (passport or driver’s license) and proof of address (bank statement or utility bill). Additionally though rarely you might be asked to provide proof of income. Often, you won’t be allowed to start betting at a sportsbook until these procedures are completed. After the account is verified you are supposed to have no issues withdrawing winnings. KYC is especially important when large funds are at stake.

If your bonuses are still active, the withdrawal process may take longer than expected. Make sure to check the terms and conditions of the betting site. There you’ll find requirements on how to convert bonuses into withdrawable cash. Winnings from bonuses may be subject to wagering requirements. In Terms & Conditions, you’ll find how much of your own money you have to wager in order to be eligible to withdraw particular bonuses.

Bookmakers offer many payment options. These are electronic wallets, bank cards, and cryptocurrencies. All payment methods are unique and have their own advantages and disadvantages.

Debit cards remain a popular method for funding betting accounts because they are safe and convenient. With this payment method, you will wait 1-3 days for the funds to arrive in your account. Bookmaker cannot influence the processing speed of transactions. However, with Visa Fast Funds or Visa Direct, the processing time might take 30 min- to 4 hours. 

To use Visa Fast Funds you need to be the owner of a Visa debit card. However,  so far Visa Fast Funds service is available only in a few countries including the UK and Ireland. 

Banks usually work from Monday to Friday and are closed on weekends and holidays. So it may sometimes take up to 10 days to see funds arriving at your bank account. That is why bank transfer is the slowest option for withdrawal at betting sites. This method is good for withdrawing large sums because obviously, it is the most secure option.

Some people still use cheques to receive withdrawals even though it often involves additional fees. Another disadvantage is that you may have to wait a week or longer for the funds to reach your bank account. But fast withdrawals are not always the most important point for bettors. They may look for such things as unusual betting markets,  free bets, horse racing multiple bets, licenses from the UK Gambling Commission and more.

They are very popular among gamblers. With most e-wallets, withdrawals can be made within a day or even faster. However,  in some cases, it can take up to three days. The most popular E-wallets used by gamblers are the following:

• PayPal
• Neteller
• Skrill
• Payz
• Trustly
• AstroPay

The fastest way to withdraw funds is to cryptocurrency wallets. Processing your application takes just between a few minutes to half an hour (Bitcoin, Ethereum and Litecoin).  So if you are looking for the fastest withdrawal then opt for cryptocurrencies as a withdrawal method.

Cryptocurrency deposits and withdrawals are anonymous and protected by the blockchain technology. However, there is a significant drawback which is the well-known cryptocurrency’s value fluctuations.

To withdraw money from a betting site, the user will have first to verify his/her account. This is a common practice in betting markets since the identification of all players is a mandatory condition of government authorities in the field of licensing bookmakers.

To withdraw money from the account, the player needs to verify his identity. This process is called verification. All necessary actions are performed remotely via the Internet. Therefore, the player does not have to leave home. The user’s task is to upload photographs or copies of the requested documents.

Log in to the bookmaker’s apps or website. Go to your personal account. Go to the “Withdraw” section. Select a preferred withdrawal method. Enter the amount, click the “Withdraw” button and follow the instructions of the payment system.

The bookmaker will process the withdrawal request, and the money will come to your wallet or bank account. Depending on the payment system it might take 10 min to 10 days. Definitely with fast payout betting sites you can expect to get your money much quicker. Debit card withdrawals are popular but remember that there are faster ways to get your winnings.