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Betting Sites » Betting Sites » Fast Withdrawal Betting Sites UK 2024

Fast Withdrawal Betting Sites UK 2024

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Using a combination of data from the UK Bookmaker Awards and our own first-hand experience, we reveal the best fast withdrawal betting sites. These are sites who allow you to withdraw any winnings or money in your betting account as quickly as possible. We also look into the best payment methods and how to speed up the process.

Below are the current offers from our list of the top fast withdrawal betting sites. We aim to bring these to you as soon as they’re live.

bet365
Bet £10 & Get £30 in Free Bets for new customers at bet365.
  • Multiple BC UK Bookmaker Awards winner, including Best Bookmaker
  • Attractive promos, including boosted odds & free games
18+. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required.
Betfred
£50 IN FREE BETS, WHEN YOU BET £10
  • Hugely attractive new customer welcome offer, offering £50 in bonuses
  • Popular Double Delight promo offers great value on goalscorer bets
New customers only. 18+. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. T&Cs apply.
Coral
Get A £40 Free Bet – When you bet £10 on Sports
  • Reliable bookmaker for all
  • Sizeable range of betting markets
18+ New UK+ROI Customers only. Min deposit & bet £10 at min odds 1/2 to qualify for 4 x £10 free bets. Certain deposit methods and bet types excl. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.
Unibet
Bet £10 Get £40 in Bonuses
  • Great reliable odds
  • In Play betting
18+. GambleAware.org . New GB customers only. Min £10 debit card deposit. Place a £10+ bet on sportsbook at min odds 1/1 (2.0) each leg. Receive 2 x £10 free bets within 24 hours of bet settlement, and further 2 x £10 casino bonus the next day. T&C’s apply.
Sky Bet
£40 IN FREE BETS WHEN YOU PLACE ANY BET
  • Sky Bet Club offers regular rewards, boosts, cash drops & more
  • Super 6 promo offers customers free-to-play games with big prizes
NEW CUSTOMERS ONLY. FIRST SINGLE & E/W BET ONLY. ODDS OF 1/1 OR GREATER. 4 X £10 BET TOKENS. FREE BET STAKES NOT INCLUDED IN RETURNS. FREE BETS ARE NON WITHDRAWABLE. FREE BETS EXPIRE AFTER 30 DAYS. ELIGIBILITY RESTRICTIONS AND FURTHER T&CS APPLY. 18+. GAMBLEAWARE.ORG
Tote
Bet £10 Get £40 in Bonuses
  • Brand new sportsbook launched, offering far more than just horse racing
  • Benefit from the unique Tote dividend as an alternative to normal fixed odds betting
New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. £10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min £10 Win + £10 Place). Receive £20 Tote Credit, £10 Free Sports Bet and 50 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. 18+. Full T&Cs apply. Gambleaware.org.
BetVictor
Get £30 in Free Bets for Premier League Join us & bet £10
  • £30 in free bets is a great welcome offer for football bettors
  • BV Loyalty Club and Guaranteed Prize Wheel offer reasons to use the site regularly
18+ New customers only. Opt in, bet £10  or more on any football market at minimum 1/1 odds. No cash out. Get £30 in Free Football Bets, selected markets. Free Bets expire in 7 days. T&Cs apply. GambleAware.org | Please gamble responsibly.
William Hill
Bet £10 Get £30, Credited as 3 x £10 bets
  • Reliable Bookmaker
  • Plenty of promotions accessible
18+. Play Safe. From 00:01 on 18.10.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. #ad
Ladbrokes
£20 In Free Bets Ker-Ching – When you bet £5 on sports
  • Always outstanding promotions
  • Reliable bookmaker for all
18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 4x £5 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.
Kwiff
Bet £10 and Get £30 in Free Bets
  • Supercharged Cash Out available
  • Surprise Bets on offer
Qualifying bet of £10 at min. odds 2.0 within 5 days of registration, E/W excluded. Get 3x Free Bets at min odds 2.0 each. 1x£10 Football, 1x£10 Racing, 1x£10 Acca (Min 4 selections). 7-day expiry. New selected customers & 18+ only. Min. deposit of £10. Full T&Cs apply. GambleAware.org
SpreadEx
BET £10, GET £40
  • Sign up offer is among the most generous on the market
  • Spread betting option offers a completely different way of betting
Join and place a £10 fixed odds bet at odds of 1/2 or greater. Once the bet is settled, get a £10 free fixed odds bet plus a £5 free Total Goals football spread bet and a £5 racing Winning Favourites spread bet. The second £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will be credited 24 hours later. Free bets expire in 28 days if unused. Promotions available to 18+ aged individuals. New customers only. T&Cs apply. GambleAware.org
Betfair
Get £50 in free bets When you place £10 bet on Sportsbook
  • Great Odds & Cash Out feature
  • High quality on live-streaming service
18+. Place a min £10 bet on Sportsbook on odds of min EVS (2.0), get £50 in Free Bet Builders, Accumulators or multiples to use on any sport. Rewards valid for 30 days. Only deposits via cards or Apple Pay will qualify. T&Cs apply. Please Gamble Responsibly.
Paddy Power
GET £20 IN FREE BETS WHEN YOU PLACE A £5 BET
  • Power Prices, Wonder Wheel & Acca Insurance among a range of top offers
  • Innovative Super Sub offer means bets roll over to the player coming on
18+. New Customer offer YSKARZ. Place a min £5 bet on the sportsbook at odds of min EVS (2.0) and get £20 in free bets. Free bet rewards valid for 30 days. Only deposits via Debit Cards & Apple Pay will qualify for this offer. T&Cs apply. Please Gamble Responsibly Paddy’s Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
Betano
Get Your Stake Back Up to £40 In Free Bets
  • New to the UK betting scene, and set to make a big impression
  • Partnering with BVGroup, so customers benefit from bet builders & odds boosts
18+ New customers only. Opt in and bet min £5 (max £40) on Sports (odds 1/1+) within 3 days of registration. No cash out. Get your initial stake in Sports Free Bets, which expire in 7 days. Full T&Cs Apply. GambleAware.org. Please gamble responsibly
Virgin Bet
BET £10, GET £20 IN FREE BETS*
  • Winner of Best Customer Service at BC Bookmaker Awards
  • Great existing customer games including Fives
*New members only. £10 min deposit & bet on sportsbook (ex. virtuals), placed & settled at 1.5 min odds in 14 days of sign-up. Win part of E/W bets. Free Bets: accept in 7 days, valid 7 days, use on sportsbook only (ex. virtuals), stakes not returned. T&Cs and deposit exclusions apply. Bet Responsibly. GambleAware.org. 18+

No.1 Ranked Fast Withdrawal Betting Site – Coral

Coral
Get A £40 Free Bet – When you bet £10 on Sports
  • Reliable bookmaker for all
  • Sizeable range of betting markets
18+ New UK+ROI Customers only. Min deposit & bet £10 at min odds 1/2 to qualify for 4 x £10 free bets. Certain deposit methods and bet types excl. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.

The best betting site for fast withdrawals is Coral. They finished 2nd in the Banking category at the UK Bookmaker Awards and performed well in both subcategories, Deposits & Withdrawals. Sportingbet finished first; however, their offers are paused, whilst Coral still have some good offers available, so they are the best betting site to go for for withdrawals at this current time.

For the Deposits subcategory, they came second and dwarfed almost all betting sites, apart from Ladbrokes, who performed well. This was down to their great selection of deposit options, including Apple Pay, Paypal, Coral Connect and Paysafecard. They have a whole Coral deposits page dedicated to helping you deposit money, with 11 FAQs to cover all the important questions. It’s important to remember that not every deposit option listed in their FAQ can be used in the UK so be sure to check the currency available with the selected deposit option.

For withdrawals, Coral finished well at the UK Bookmakers Awards. Despite not finishing first in this, we rank them first overall as their withdrawal options are as impressive as their deposit methods and offer methods such as Visa Fast Funds and MasterCard fast withdrawals. With so many withdrawal methods available, as well as a smooth and easy process, as well as their offers and overall banking performance at the UK Bookmakers Awards, they are currently a great betting site to use and one of the fastest out there for withdrawals.

Why They Rank First

  • Great selection of banking options, including Paysafecard and Visa Fast Funds
  • Finished 4th for overall betting site at the UK Bookmakers Awards

The Editor’s Roundup – Top Ten Fastest Sites For Withdrawals

  1. Coral
  2. Ladbrokes
  3. Unibet
  4. Livescore Bet
  5. Betfair
  6. Sky Bet
  7. bet365
  8. Betfred
  9. Boylesports
  10. BetVictor

Best Fast Withdrawal Betting Sites By Category

Overall Best Sports Betting Sitebet365
Best For BankingSportingbet
Best For User Experiencebet365
Best For Customer ServiceVirgin Bet

From The Author

We have over a decade of experience betting and enjoy having a punt on the latest sports event. We also enjoy writing about our experiences here on MyBettingSites and strive to bring you the latest information on betting offers and boosts. If there’s anything that doesn’t look right, please contact us on our About Us page.

_______

Why Trust MyBettingSites?

Our honest opinion isn’t the only thing we use to assess betting sites. We also use the Bookmaker Awards data. This is put together over the year using focus groups and large scale surveys and is taken by UK punters. The data is then used to see who wins each category and subcategory, formulating a score for the best betting sites for each section.

This process provides reliable and unbiased data to reveal the best betting sites for banking and fast withdrawals. For more information, the Bookmaker Awards guide can be found on the MyBettingSites homepage.

Fast Withdrawal Betting Sites – The Breakdown

1. Coral Withdrawals

Coral
Get A £40 Free Bet – When you bet £10 on Sports
  • Reliable bookmaker for all
  • Sizeable range of betting markets
18+ New UK+ROI Customers only. Min deposit & bet £10 at min odds 1/2 to qualify for 4 x £10 free bets. Certain deposit methods and bet types excl. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.

Coral performed well across the Bookmaker Awards, despite not winning any categories. They finished fourth for overall Best Sports Bookmaker and did well in the categories for Football Odds, Banking and Welcome Bonus. In the Welcome Bonus category, they performed particularly well in Subcategories for Min Deposit and Wagering Requirements. Having signed up with the offer ourselves, we can back up this data. It’s a great offer with good free bets for a low deposit. Plus, it doesn’t hurt that Coral have a great selection of deposit options and came second behind Sportingbet at the awards.

Why Sign-Up With Coral?

  • In the top five best sports bookmakers
  • 2nd place in Banking category
coral homepage
Image: June 2024

2. Ladbrokes Withdrawals

Ladbrokes
£20 In Free Bets Ker-Ching – When you bet £5 on sports
  • Always outstanding promotions
  • Reliable bookmaker for all
18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 4x £5 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.

Ladbrokes performed well at the Bookmaker Awards and finished in the top three for the Banking category. In the Deposits subcategory they finished second, just behind Sportingbet and in Withdrawals, while still good, they finished in fifth.

While withdrawal times can vary, Ladbrokes have a wide selection of methods, including Paypal, Skrill and Neteller. But Ladbrokes Grid is the fastest, with instant withdrawals. The Ladbrokes Grid card is free to get and combines online betting with the high-street betting shops. This means you can cash out shop bets online and vice versa. Plus, you can also get money off at your local cinema and Papa John’s.

Why Sign-Up With Ladbrokes?

  • Top three for the Banking category
  • Amongst the top five in the Players Choice category
ladbrokes hope page
Image: May 2024

3. Unibet Withdrawals

Unibet
Bet £10 Get £40 in Bonuses
  • Great reliable odds
  • In Play betting
18+. GambleAware.org . New GB customers only. Min £10 debit card deposit. Place a £10+ bet on sportsbook at min odds 1/1 (2.0) each leg. Receive 2 x £10 free bets within 24 hours of bet settlement, and further 2 x £10 casino bonus the next day. T&C’s apply.

In the Withdrawal subcategory of the Banking award, Unibet showed us why they’re one of the best. Based on the data, Unibet came tied first for withdrawals, alongside STSBet. But it’s not just the withdrawal options or the speed which makes Unibet a good place to play, they also have a handy forum for asking questions.

For example, if you’re having issues with withdrawing, then their team of experts will be on hand to help.

Unibet also finished second in the overall Best Sports Bookmaker and Players Choice awards. The second of the two is separate from the other awards and bookmakers are voted for directly, rather than in a points-based system. 

Why Sign-Up With Unibet?

  • Tied first in the Withdrawals subcategory
  • Second for Overall Best Sports Bookmaker
Image: June 2024

4. Livescore Bet Withdrawals

LiveScore Bet
BET £10 GET £30 IN FREE BETS*
  • Well Displayed Site
  • Great Squads Game
*New members only. £10+ bet on sportsbook (ex. virtuals) at 1.5 min odds, settled within 14 days. Free Bets: accept in 7 days, valid 7 days on sportsbook only. 2x£5 Free Bets for Bet Builder only. Stake not returned. T&Cs + deposit exclusions apply. Bet Responsibly. GambleAware.org. 18+.

Finishing fifth for Banking at the Bookmaker Awards is a good achievement for Livescore Bet. They’re not as well known as some of the other operators and to finish this high is proof that their banking methods are a standout. In particular, they performed well for the Deposits subcategory and finished in a higher position than for withdrawals.

The other category that Livescore Bet performed well in was Markets. This looked into market selection for various football leagues, including the Premier League and the Bundesliga. For the majority of subcategories, Livescore Bet finished third. For example, when looking at the Europa League, they finished just behind William Hill and Zetbet to claim a top three finish.

Why Sign-Up With Livescore Bet?

  • Top five for Banking category
  • Top three site for Europa League markets
Livescore bet homepage
Image: June 2024

5. Betfair Withdrawals

Betfair
Get £50 in free bets When you place £10 bet on Sportsbook
  • Great Odds & Cash Out feature
  • High quality on live-streaming service
18+. Place a min £10 bet on Sportsbook on odds of min EVS (2.0), get £50 in Free Bet Builders, Accumulators or multiples to use on any sport. Rewards valid for 30 days. Only deposits via cards or Apple Pay will qualify. T&Cs apply. Please Gamble Responsibly.

Betfair didn’t perform as well as we expected in the Bookmaker Awards. They’re a site we use regularly and for them not to get in the top five for overall Best Sports Bookmaker, was a shock. But before we go into what we like on Betfair, let’s see how they performed.

Their best position was second for Football Odds. This category looked at the odds for various markets, including HT/FT and BTTS, across the top divisions. An average score was built based on the data and the betting sites were placed accordingly. While Betfair didn’t dominate any division, they gained good scores across the board and showed they’re a good site for any market in any division.

One of the advantages of Betfair is their exchange. Labelled as one of the largest exchanges in the industry, it gives punters a chance to list their own odds. It might not be for everyone, but if you’re favoured way to bet is on exchanges, Betfair is the place to be.

Find out more on Betfair.

Why Sign-Up With Betfair?

  • Industry-leading exchange
  • Second place for Football Odds
Betfair Homepage
Image: June 2024

6. Sky Bet Withdrawals

Sky Bet
£40 IN FREE BETS WHEN YOU PLACE ANY BET
  • Sky Bet Club offers regular rewards, boosts, cash drops & more
  • Super 6 promo offers customers free-to-play games with big prizes
NEW CUSTOMERS ONLY. FIRST SINGLE & E/W BET ONLY. ODDS OF 1/1 OR GREATER. 4 X £10 BET TOKENS. FREE BET STAKES NOT INCLUDED IN RETURNS. FREE BETS ARE NON WITHDRAWABLE. FREE BETS EXPIRE AFTER 30 DAYS. ELIGIBILITY RESTRICTIONS AND FURTHER T&CS APPLY. 18+. GAMBLEAWARE.ORG

Sky Bet are one of our favourite betting sites. They performed well at the Bookmaker Awards, despite not winning anything, and came third for Best Sports Bookmaker. They also came second for Best User Experience and third for the Players Choice award.

For banking, Sky Bet were average. They gained good scores in the subcategories for Deposits and Withdrawals, despite not challenging for the top spots. Overall they came seventh and are dependable with a good selection of options.

One of the main aspects of Sky Bet are their existing customer offers. Not only do they have the games such as Super Six. But they also have a great loyalty programme. It’s broken down into different sections, so if you’re a racing fan, you’re loyalty points can go towards a specific racing free bet.

Why Sign-Up With Sky Bet?

  • Top five for overall Best Sports Bookmaker
  • Second for Best User Experience
Image: May 2024

7. bet365 Withdrawals

bet365
Bet £10 & Get £30 in Free Bets for new customers at bet365.
  • Multiple BC UK Bookmaker Awards winner, including Best Bookmaker
  • Attractive promos, including boosted odds & free games
18+. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required.

Voted as our overall Best Betting Site and winner of the Best Sports Bookmaker at the UK Bookmaker Awards, bet365 are the top dog for sports betting. They came first for multiple awards, such as Best Welcome Offer and Best User Experience, and have dominated the industry for two years straight.

For banking, they could perform better. They finished eighth at the Bookmaker Awards with average scores in both categories. Their options are an industry standard, without excelling in either deposits or withdrawals.

They rank in our list mainly due to the awards won in other categories. If you’re choosing a site purely on deposit and withdrawal options, then bet365 isn’t the site to use. But, if you’re looking for a site that does withdrawals to a good standard and excels in other departments, they’re well worth signing up for. You can learn more about why bet365 are so popular and find the best bet365 bonus code to use on our dedicated page.

Why Sign-Up With bet365?

  • Winner of overall Best Sports Bookmaker
  • First for Best Welcome Offer
bet265 homepage
Image: June 2024

8. Betfred Withdrawals

Betfred
£50 IN FREE BETS, WHEN YOU BET £10
  • Hugely attractive new customer welcome offer, offering £50 in bonuses
  • Popular Double Delight promo offers great value on goalscorer bets
New customers only. 18+. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. T&Cs apply.

Betfred squeezed into the top ten best betting sites with fast withdrawals, but aren’t a site that competes with the best. They do things much the same as other sites, without pushing the boat out. For example, when we signed up using a debit card, it was quick and easy. So no complaints. They also have options such as PaySafeCard. But sites like Coral just offer that little bit more.

For other awards, Betfred also struggled. We use them regularly and have always managed to place a bet on a specific event or market. But, the site doesn’t look as fancy as competitors, such as Sky Bet, and their existing customer offers are limited. The Betfred bonus code offer is a good one, but they’ll need to improve if they’re to win at the 2024 Bookmaker Awards.

Why Sign-Up With Betfred?

  • Great welcome offer with more free bets than most
  • Well established bookmaker
Betfred home page
Image: June 2024

9. Boylesports Withdrawals

BoyleSports
BET £10 GET £20 IN FREE BETS
  • Plenty of existing customer offers available
  • Range of payment methods accessible
*New UK customers (Excluding NI) only. Mobile exclusive. Min Deposit £10. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Account & Payment method restrictions apply. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply. T&Cs apply

Another site that just made it onto our list. They finished tenth for Banking at the Bookmaker Awards and for the Deposits subcategory, they were positioned in the top six.

They also finished third in the award for Customer Service. This was mainly due to their impressive score for the Phone subcategory, with a lot of betting sites not offering this option. In other categories, such as Live Chat and Email, they performed well but weren’t able to hit the top five.

Overall, they finished 19th and will be hoping for a better performance in 2024. But even with that final ranking, we’re a fan. They have a good welcome offer and provide boosts and existing customer offers on a wide range of sports, including NBA and Cricket.

More on Boylesports.

Why sign-up with Boylesports?

  • Third place for the award in Customer Service
  • Impressive boosts and existing customer offers
boylesports home page
Image: June 2024

10. BetVictor Withdrawals

BetVictor
Get £30 in Free Bets for Premier League Join us & bet £10
  • £30 in free bets is a great welcome offer for football bettors
  • BV Loyalty Club and Guaranteed Prize Wheel offer reasons to use the site regularly
18+ New customers only. Opt in, bet £10  or more on any football market at minimum 1/1 odds. No cash out. Get £30 in Free Football Bets, selected markets. Free Bets expire in 7 days. T&Cs apply. GambleAware.org | Please gamble responsibly.

In the overall Best Sports Bookmaker category, BetVictor finished in 8th. They also finished 7th for customer service, as well as just outside the top 10 when it came to banking at the UK bookmakers awards.

With some good offers, a wide array of markets to bet on across a variety of sports and a good banking experience, BetVictor is definitely a good betting site to use when it comes to withdrawals and betting.

Why Sign-Up With BetVictor?

  • Well established bookmaker
  • A wide selection of deposit and withdrawal options
BetVictor home page
Image: June 2024

There are many different betting payment methods you can use to make withdrawals. Below, we’ll take you through three of the most popular payment methods.

Visa Debit, Mastercard, Maestro

Debit cards are one of the most popular methods of payment with bookmakers both in-person and online. It’s worth remembering that credit cards aren’t accepted by UK bookmakers nowadays, which is in line with responsible gambling.

Withdrawal times differ with each bookmaker with debit cards, and although they’re typically quick, they have improved in recent years, with the emergence of ‘Fast Funds’, which can see funds arrive back into your bank account within a matter of hours.

PayPal 

Customers’ PayPal accounts are linked to Visa Debit accounts and is another popular payment method with online bookmakers. With PayPal, you can receive your funds quicker than a typical Visa Debit withdrawal, which is why this method of payment is growing in popularity.

Withdrawals are processed within 24 hours, or as early as four hours, depending on which bookmaker you’re using to make your withdrawal.

Skrill & Neteller 

Punters can secure their funds within 24 hours with the likes of Skrill, Neteller, and Trustly. Depending on which bookmaker you use, funds can arrive back into your account within four hours of the withdrawal request being made.

Visa Fast Funds

Visa Fast Funds is a really fast payment system and withdrawals are typically processed within 2 hours. Betters will be happy to hear that this is typically the fastest withdrawal method using a debit card; however, this is not available everywhere.

You have to first of all check that the bookmakers you are using has this option. You also have to check that the bank you use has this withdrawal method available.

Bookmakers that offer Visa Fast Funds withdrawal

  • bet365
  • Betfair
  • Betfred
  • BetVictor
  • Betway
  • BoyleSports
  • Bwin
  • LiveScore Bet
  • Sky Bet
  • Virgin Bet
  • William Hill

Which withdrawal methods are slowest on betting sites?

Bank Wire

Bank wire transfers aren’t the best option to use for a withdrawal if you’re looking for a swift process. They take typically between 5-10 working days, which is considerably longer than the majority of other popular withdrawal methods.

Cheque 

There won’t be many punters that use cheques on the betting front nowadays, purely due to the time it takes for the funds to arrive. Firstly, you have to request the cheque from your chosen bookmaker when making the withdrawal, the cheque then has to arrive with the customer, before it eventually is deposited into their bank account.

There isn’t a specific timeframe in which all of this is completed, but it takes typically between 5-28 days, which is far from ideal if you’re looking for a method that processes your withdrawal quickly.

How to improve withdrawal times on betting sites

KYC

KYC stands for ‘Know your customer’, and it’s an identification process which bookmakers have in place, as they look to verify the authenticity of their customers. Bookmakers will want to know that customers are who they say they are when signing up, and it’s hugely important for security reasons, as if they withdraw funds from their betting account to a payment method under another individual’s name, then delays and problems could arise with that betting account.

As a customer, it’s important to have all your information correct on your betting account, and if your account is fully verified, then you’re increasing your chances of having the payout times processed as quickly as possible.

Use a faster withdrawal method

This is one of the easiest ways to improve payout times with your chosen bookmaker. Certain withdrawal methods take longer than other methods, which might be slightly frustrating for customers, especially if they’re keen on having their funds back into their chosen payment method relatively quickly.

E-wallets are a good example of a withdrawal method that processes withdrawals quicker than visa debit cards and bank transfers, and so they’re well worth considering using if you haven’t done so already.

What can delay a withdrawal? 

Despite some bookmakers processing your withdrawals relatively quickly, there can be certain points which can delay a withdrawal. Below, we’ve listed some of the reasons why a withdrawal could be delayed with your chosen bookmaker.

  • You’re trying to withdraw funds into somebody else’s account.
  • You haven’t sent in the correct documentation to prove your ID.
  • Your withdrawal method is different from the payment method you used to deposit funds into your betting account.
  • Your payment method is registered under someone else’s name.

Fast Withdrawal FAQs

Yes, there are plenty of betting sites that pay out withdrawals on the same day. Fast Funds has provided customers, with betting accounts, with different bookmakers a great opportunity to have their funds with them within 24 hours. Popular withdrawal methods such as e-wallets also allow you to gain access to the funds you’ve withdrawn from your betting account as quickly as up to four hours, depending on which bookmaker you’re using. The likes of bet365, William Hill, Betfair, and Paddy Power are just some of the most popular bookmakers that pay out on the same day with your chosen withdrawal method, although it’s worth remembering that some withdrawal methods take longer for withdrawals to be processed.

bet365 withdrawals from a debit card take between 3-5 working days, although customers that are eligible for ‘Fast Funds’ can receive their funds on the same day. E-wallets are a great way for punters to receive their funds from bet365 on the same day as well, with Neteller and Skrill being good examples of withdrawal methods that process withdrawals within 24 hours.

Yes, there are withdrawal limits in place with most online bookmakers. Be sure to check their website to find out the withdrawal limits for each withdrawal method, as they differ with each online bookmaker.