Fastest Paying Sportsbooks
For many sports bettors, the main consideration when choosing an online operator is the site’s payout speed. While some bettors keep their balances in their sportsbook accounts, others regularly withdraw their winnings to pay bills, buy goods and services, and more. For such players, instant withdrawals are key, so they’ll want to join only the fastest paying sportsbooks available online.
Of course, since payout time is largely dependent on each operator’s sports betting deposit methods, you’ll need to pick the right bet funding option – at the right legal betting site – to suit your needs. For instant payouts, our brief guide offers an instant payoff!
Bovada Sportsbook #1 For Fast Payouts!
Bonus: 50% Sign-Up Bonus Up To $250
Bonus: 75% Bitcoin Sign-Up Bonus Up To $750
Bovada isn’t just the best USA online sportsbook, it’s also the fastest. It was the fastest to accept Bitcoin, it was the fastest host an interactive prop builder tool, and it’s always the fastest to post fresh odds on the most popular games of the day. Given all that, it’s no surprise that our Bovada sportsbook payout review rates it as the fastest cashout gambling venue, too!
Several Bovada sports betting payouts can be claimed same-day, from Bitcoin, Ethereum, and Litecoin withdrawals to Bovada Voucher withdrawals using popular P2P and eWallet services.
No other book offers nearly as many rapid payout selections, making Bovada the best online sportsbook for fast and secure withdrawals across the board.
What Are The Fastest Sports Betting Withdrawal Methods?
The fastest payout sportsbook options are all listed on this page, as each site featured here offers Bitcoin (BTC) and other cryptocurrency (i.e. altcoin) support.
Of course, ever since Bovada introduced the voucher/player transfer option, players have been attracted to the fact that they can use fast payout apps like PayPal, Venmo, and other P2P and eWallet services. Each of these instant cashout banking options is discussed below.
Since all reputable online sportsbooks accept Bitcoin deposits, they are, by default, instant BTC payout sites. In other words, as long as you deposit using the Bitcoin cryptocurrency, you can get same-day payouts when withdrawing in BTC.
Some sites also offer special Bitcoin bonuses for players who participate in Bitcoin gambling, which sweetens the pot even more. With Bitcoin, you can bet more, win more, and receive quick payouts every time, guaranteed!
The best legal sports betting sites each support a menu of cryptocurrencies other than Bitcoin. These include altcoins like Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Stellar (XLM), USD Coin (USDC), and more.
As with Bitcoin betting, whenever you deposit with a supported altcoin, you’ll be eligible for enhanced bonuses and same-day instant payouts. In addition to Bitcoin, we consider altcoins to be the best online sportsbook withdrawal method available.
Sports betting vouchers (aka player transfers) were introduced by Bovada in 2020, allowing site members to buy and sell account balances among one another.
When you claim a withdrawal in the form of a Bovada Voucher, you can sell your balance to another player using popular P2P apps (PayPal, Venmo, Cash App, Zelle Pay) and eWallet P2P options (Apple Pay, Google Pay, Samsung Pay).
While you can’t always get a guaranteed same-day payout via vouchers or player transfers, these remain a fast-paying withdrawal option.
What Are The Easiest Sports Betting Cash-Out Options?
While most bettors consider instant cash-out options to be the best sportsbook payouts (and we agree!), they’re not always the easiest sportsbook payouts.
That’s because not everyone has – or even cares about acquiring – cryptocurrencies, and most sites haven’t yet followed Bovada’s lead and implemented a convenient sportsbook voucher system. That said, once you do have crypto, it’s easily the simplest withdrawal method available.
Although some bettors may consider a traditional banking method (i.e. courier checks, bank wires, etc.) to offer the easiest payout, sportsbook operators simply can’t get these withdrawals to you instantly. Such methods come with wait times of 2-7 days. That may be fine for many bettors, but it’s something to keep in mind.
Average Wait Times For Each Legal Sportsbook Withdrawal Method
We’ve already discussed how – for our money (and yours!) – the best sportsbook payouts are cryptocurrencies and gambling vouchers. However, the list of supported withdrawal methods is far longer than those options alone, and while the remaining methods are slower, it’s important to put them in context.
Truth be told, same-day payout sportsbook withdrawals aren’t necessary for all players, but guaranteed, reliable payouts are. Additionally, no payout method should ever take more than a week or so, and the best online betting sites all meet that threshold with every banking avenue in their portfolios.
We grade every site we recommend as offering the best online sportsbook withdrawals, and here’s how long you can expect each different supported cashout option to take, measured from the time you request your withdrawal to the moment you actually receive your winnings stateside:
Sports Betting Quickest Payouts Ranked
- Litecoin (LTC) – Same-day (3-5 min.), no fees
- Stellar (XLM) – Same-day (3-5 min.), no fees
- USD Coin (USDC) – Same-day (3-5 min.), no fees
- Bitcoin Cash (BCH) – Same-day (5-10 min.), no fees
- Ripple (XRP) – Same-day (5-10 min.), no fees
- Bitcoin (BTC) – Same-day (30-60 min.), no fees
- Ethereum (ETH) – Same-day (30-60 min.), no fees
- Sportsbook Vouchers* – Same-day, no fees
- Player Transfers* - Same-day, no fees
- PayPal* – Same-day, no fees
- Venmo* – Same-day, no fees
- Cash App* – Same-day, no fees
- Zelle* – Same-day, no fees
- Apple Pay* – Same-day, no fees
- Google Pay* – Same-day, no fees
- Samsung Pay* – Same-day, no fees
- Courier Checks – 3-5 days, moderate fees
- e-Checks – 3-5 days, moderate fees
- Bank Wires – 5-7 days, highest fees
As you can see, Bitcoin is among the slowest of the fast payout betting options available, despite being the most popular. This is due to the complexity of the Bitcoin blockchain, as processing the “blocks” to certify BTC transactions can take up to an hour depending on network congestion.
For truly instant payouts, Litecoin is the number-one option, as all the best legal sports betting sites support the popular altcoin. Stellar and USD Coin (which is a “stablecoin” rather than a true crypto coin) are similarly speedy, but site access is limited.
*Sportsbook vouchers and player transfers are currently available exclusively at Bovada LV, as are all P2P and eWallet options (which are used specifically with the voucher/transfer system).
Note: The above is a brief sportsbook cash-out overview. For more information and more in-depth sportsbook payout reviews, you can check out our legal sports betting banking comparison page.