UPDATED: Below you can find our list of betting sites with instant withdrawal… Well, all right, I apologize. If you are honestly looking for instant withdrawal sportsbook, just be notified – IT DOES NOT EXIST. But my list is the best you will get. Most sports bettors definitely agree that cashing out bigger amounts of money from your online sportsbook is one of the best feelings possible.
!!UPDATED December, 2018. Withdrawals in cryptocurrency are almost always (close to) instant. This means there might be some exceptions when talking about instant withdrawal bookmakers. In addition to the reputable sports betting sites below, the fastest (theoretically instant) withdrawal cryptocurrency bookmakers are: CLOUDBET and BETCOIN. Only 2nd one accepts US players.
As many of you already know, deposits never have delays, but withdrawals on the other hand can sometimes take weeks. This is because they require some extra steps for verifying the customer.
Before Bitcoin was introduced as deposit and withdrawal option, the fastest withdrawal method was Neteller. So when we talked about betting sites with instant withdrawal or fastest payout sportsbooks, their preferred method was most of the times Neteller. In some cases Neteller payouts were processed within 1-2 hours and people who were using Neteller debit card could start using their immediately. Neteller also did never have any withdrawal fees.
Usual withdrawal times
As mentioned earlier, withdrawal time depends on your original deposit method. If you are using E-wallet when making a deposit, your withdrawals will be processed faster. But if you prefer checks in the mail, then it’s a completely different story. Then prepare yourself waiting for weeks. Also when you withdraw with check, even from one of the fastest payout sportsbooks, be ready to pay bigger fees, often up to 50 dollars per withdrawal.
This is why using cryptocurrencies like Bitcoin is the way to go. All the big institutions don’t like it and it is in their interest to slow down money moving process. Bitcoin is basically only way to stop governments and banks slowing down the online betting revolution, described in this Wired article.
How to make sure payouts will arrive faster
Many sports bettors don’t like long withdrawal processing times and they get frustrated when they are asked verification documents. Usually those verifications are only made once so if you plan to cash out any money from your fastest payout sportsbooks in the future, just send the documents over right after you registered for the new account. This way you will save couple of days waiting time.
For the verification online sportsbook usually require some form of government ID such as a passport or driver’s license. Often you are also asked to provide support copy of an utility bill and copy of a bank statement.