Fastest Payouts For Sportsbooks | June 2024

Fastest Payouts

Payout speed is an important factor when choosing a sportsbook. That is why TheLines betting experts have compiled a list of the fastest-paying US sports betting sites and apps. Currently, BetRivers Sportsbook has the fastest withdrawal possible, allowing for instant payouts. Find a full list of the top five fastest-paying US online sportsbooks below, including DraftKings, Caesars, BetMGM, and FanDuel.

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Fastest Payouts For Sportsbooks

One of the easiest ways to speed up the withdrawal process from the best sports betting sites is to make a deposit via PayPal, Venmo or a debit card. This helps verifying account information and speeds up the process when you’re looking to collect winnings from your sportsbook account. In many cases, the turnaround time is 24 hours or less.

The table below provides a comparison for the fastest payouts available at top sportsbooks.

Sportsbook Average Payout SpeedInstant Withdrawals Withdrawal Method
DraftKings SportsbookPays in 1 hourYes Cash at the cage
BetMGM Pays in 6 hours Yes BetMGM Play+ prepaid card
FanDuel SportsbookPays in 6 hours YesPayPal/FanDuel Play+ prepaid card
BetRivers Sportsbooks Instantly upon approvalYesBetRivers Play+ prepaid card
Caesars SportsbookSame day based on approvalYesPayPal

Top 5 Fastest Payout Sports Betting Sites

Here is a closer look at fastest payouts for online sportsbooks where instant withdrawals are available. All of the sports betting apps listed below offer customers with a variety of banking options. Keep in mind the withdrawal process could take longer if the operator needs to verify your account information.

Also be sure to check out the best credit card betting sites before you place a wager.

1. BetRivers Sportsbook: Instant withdrawals

BetRivers Sportsbook tops the fastest US sports betting site payout list due to the speed of withdrawals via the BetRivers Play+ card. As long as there are no verification delays, customers will have access to the funds instantly upon approval. The BetRivers app uses their patented RushPay system to approve the majority of player withdrawal requests. Users can access several other methods, but the amount of time needed to complete the transaction will vary. They include:

  • PayPal – about 30 minutes
  • Online banking/ACH – two to five business days
  • Check in the mail – Up to two weeks
  • Cash at the casino cage/racetrack counter – immediately once transaction is approved.

Keep in mind any withdrawal request needs to be $20 minimum (active bonus funds will not count).  

Review: BetRivers Sportsbook

2. BetMGM Sportsbook: About six hours

BetMGM Sportsbook also ranks high for fastest payouts. Like BetRivers, BetMGM players can request withdrawals via the Play+ card. The transactions are typically completed within 24 hours, but processing the request is much shorter.

BetMGM earns bonus points for its diverse banking options. The approximate time ranges listed below are after internal review of the transaction request. The list includes:

  • PayPal (only available if a previous deposit was made with PayPal) – Within 24 hours
  • Venmo (only available in certain states) – Within 24 hours
  • Visa credit/debit cards – Within 24 hours
  • Cage at MGM Resort casinos – 10 to 12 hours
  • VIP preferred e-check – two to four business days
  • ACH – two to four business days

No matter which method is chosen, there is a $10 minimum on all withdrawal requests. Any funds considered “bonus money” will not count toward the withdrawal request.

Review: BetMGM Sportsbook

3. FanDuel Sportsbook: About one hour

If you reside in a state where there is a FanDuel retail sportsbook, the cash at the counter method is one of the faster available payout methods. After submitting the withdrawal request, FanDuel will send an email regarding when it will be ready for pickup. While larger transactions can take at least 48 hours to complete, cash at the counter/cage requests are typically completed within an hour.

Like its competitors, FanDuel customers will notice there are several other methods to withdraw funds. Some of the quicker options for fastest payouts include:

  • Debit card – Up to 48 hours for first request, and up to 24 hours for subsequent requests
  • FanDuel Prepaid Play+ card – up to 24 hours
  • PayPal (only available if deposit was made using same method) – up to 48 hours
  • Venmo (only available if deposit was made using same method) – up to 48 hours
  • Online banking – three to five business days (in many cases you can sign in directly to bank account to process transaction)

If an account is showing “bonus bets,” those funds will be listed separately and not count toward your available cash amount. The minimum withdrawal amount may vary, but the request can be for as little as $10.

Review: FanDuel Sportsbook

4. DraftKings Sportsbook: Approximately one hour

DraftKings Sportsbook has so many withdrawal options available to users, the list of options might seem overwhelming at first glance. However, when talking fastest sportsbook payouts, cash at the cage/counter is the fastest option as long as there are no delays with processing the requests. The funds should be available at the casino cage or racetrack counter in about one hour. However, if you reside in a state where DraftKings does not have a retail operation, this option is not available. DraftKings offers several other withdrawal options in which the wait time is two days or less. Those options include:

  • Debit card – 24 hours
  • Bank wire – up to two days
  • Venmo – about two days (previous deposit using Venmo required)
  • PayPal – up to two days (previous deposit using PayPal required)

Depending which option is chosen, there might be a minimum/maximum amount connected with the withdrawal. In many cases, the minimum is $1. However, something like a check request comes with a $15 minimum. Detailed explanations regarding many of the withdrawal options can be found on the DK app.

Review: DraftKings Sportsbook

5. Caesars Sportsbook: Same day

All Caesars Sportsbook withdrawal are typically processed within a 72-hour window, but in most cases, will be settled in 24 to 48 hours.

withdrawal request should be processed by Caesars within 72 hours, but usually will be complete within a day or two. PayPal and the Caesars Sportsbook Play+ cards have the quickest turnaround times, usually posting the same day as request is made. Other options, which takes three days or less, include:

  • Cash at the casino cage – Same day
  • Online banking – two to three days
  • PayWithMyBank – about three days
  • eCheck – up to three days

Caesars Sportsbook has a $20 minimum with most withdrawals. If a request is declined, there is a chance you still need to meet the wagering requirements associated with bonus funds.

Review: Caesars Sportsbook

Welcome bonus playthrough requirements

Online sportsbooks offer players bonus money or bets following the initial deposit. Unlike the money deposited from a bank account or credit card, the bonus funds will not be immediately available to withdraw. It’s sort of like when a casino offers match play for blackjack. Players only keep the money won from the match play bet.

The bet365 promo of bet $5 get $150 in bonus bets is a good example of how playthrough requirements work. Players can break up the $150 in bonus bets in a variety of ways. Say you wager $25 on the Denver Nuggets to win the 2024 NBA championship, and the bet wins. Bet365 keeps the bet amount, but the winnings from it will be added to your account total.

The No Sweat Bet from FanDuel Sportsbook is similar in that bonus bets are not withdrawable. Whether it’s a sign-up offer or promo, it’s best to read over the terms and conditions section with the specific sportsbook regarding any playthrough requirements.

Fastest Payout Sportsbooks FAQ

What is the fastest payout for US sports betting sites?

Methods like Play+ branded cards are typically the fastest. However, if you reside in a state where the sportsbook shares a partnership with a land-based casino or racetrack, you can submit a request and pick up the cash at the cage or counter. However, if you factor in travel time and the line, it might not be the fastest.

Why can’t I withdraw my bonus?

Because a bonus is not considered actual money. However, a bonus can be used towards a bet or contest entry. In many cases, the winnings from that bonus will convert into real money and be available for withdraw. It’s best to review the sportsbook terms and conditions.

What withdraw methods are the fastest on sports betting sites?

The BetRivers customers who request a withdraw via a BetRivers Play+ Card should receive funds immediately. PayPal is another quick method in which customers should receive funds within a few hour of the request.

Can I withdraw casino and sports betting winnings at the same time?

Yes, as long as the online sportsbook and casino offer a shared wallet you will be able to withdraw funds at the same time.

What sports betting sites withdraw with PayPal?

DraftKings, FanDuel, BetMGM, Caesars and BetRivers are among the many online sportsbooks in which you can use PayPal to make a withdraw.