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Best Online Sportsbook for Payouts & Fastest Withdrawals in 2023

Our ranked list of the top sportsbook for the fastest withdrawals and payouts. SBR's sportsbook experts have been trusted since 1999.

Let’s face it, we as sports bettors bet to make money so knowing the best online sportsbooks for payouts is important.

With all the numerous ways to withdraw your cash, it can be daunting to know which sportsbooks to trust. Bettors want fast payouts first and foremost, but they also want it to be secure and have numerous options in case one is not available in their location.

SBR is committed to bringing you all the best fastest payout sportsbooks below.

Affiliate Disclosure: Sportsbook Review may receive advertising commissions for visits to a sportsbook betting site.

21+. Gambling can be addictive, please play responsibly

Overall Best Online Sportsbooks for Payouts & Fastest Withdrawals

No Sweat First Bet up to $1,000

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  • Easy transition of funds from DFS to sportsbook.
  • User-friendly interface.
  • Odds boosts and promos have low max bet limits.
  • Same game parlays offer no edge.
FanDuel Review

FanDuel reigns supreme right now as the No. 1 betting site in America. And it has largely earned that spot on the strength of superior brand recognition, an easy-to-use product, an overwhelming number of markets for North America’s most popular sports, and representation in every state in which it is permitted to offer legal sports betting.

Bet $5, Win $150 in Bonus Bets

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  • Lots of promos and odds boosts.
  • Wide range of sports and bet types.
  • Indirect and unhelpful customer service.
  • Some promotion ads can be misleading.
DraftKings Review

DraftKings had a solid reputation as the leading DFS provider in the country, so the shift to legal sports betting felt natural. They offer one of the most voluminous collections of ongoing promos and odds boosts in the industry as they cater to the beginner crowd. However, their reputation has dwindled as outspoken CEO Jason Robins leads the charge of the anti-profitable bettor mentality that runs rampant amongst sportsbooks that are quick to limit winning players.

Up to $1,250 On Caesars + 1000 Tier Credits + 1000 Reward Credits®

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  • Largest retail sportsbook in America.
  • Elite rewards program.
  • Live betting data can be slow to load.
  • Smaller secondary market.
Caesars Review

Caesars is proving to be one of the most aggressively expanding brands in sports betting. Unfortunately, like all major U.S. sportsbooks, they are quick to limit you if you go on a tear and their odds boost promos offer low maximum bet limits.

$1,000 back in Bonus Bets

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  • Some of the best live-betting odds.
  • Casino Operator of the Year in 2021 and 2022.
  • Quick to lower your limits when you're on a heater.
  • Random account reviews can lock your money.
BetMGM Review

BetMGM is one of the top-rated sportsbooks in the U.S. offering some of the best live betting odds in the industry. They’re also the largest iGaming operator across the U.S.

5 Second Chance Bets up to $50 Each

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  • 100% independent.
  • In-house odds.
  • Expiration on certain promos.
  • Limits users on a heater.
PointsBet Review

Online since: 2015

PointsBet’s innovative nature shows that they don’t want to just be another book you place typical bets. Unfortunately, they are quick to limit bettors on a hot streak and limit the number of promos you’re able to take advantage of, making it necessary for you to shop at other books regularly.

$1,000 New Player Bonus

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  • Interactive bets with their known personalities.
  • Very flexible parlay options.
  • Below-average odds.
  • Will quickly limit bettors on a hot streak.
Barstool Sportsbook Review

With a large variety of ongoing promos and contests featuring Barstool personalities, Barstool Sportsbook is a solid option available for casual bettors.

Bet $100, Get $100

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  • Above-average betting limits.
  • Quality casino offering.
  • Boosts and parlays offered are low-value plays.
  • Poor bonuses and promo structures.
WynnBET Review

Wynn has been steeped in the legal gambling scene in Vegas for as long as anyone out there. In other occurrences where you have an operator with a rich history and influence in retail casino operations and resorts, the focus can predominantly be on slots and table games. The online sportsbook can be a casualty of convenience. We were pleasantly surprised to find that this isn’t the case with the WynnBET app. 

Up to $500 in 2nd Chance Bet

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  • Large offering of alternative lines and props.
  • Flexible betslip lets you set the amount you want to win.
  • Will limit bettors on a heater.
  • Newsfeed on the screen is distracting.
BetRivers Review

Due to its low-value lines and restrictive promos, there is no reason to use BetRivers as your primary sportsbook.

Best betting sites with fast payouts

Note: any bonus mentions are for U.S. residents only. Bonuses are current offers and are subject to change.

The fastest payout betting sites are usually those with the most options and make an effort to ensure that players are paid out promptly. Here’s a list of some of our top-rated sportsbooks for fast payouts.

SportsbookAverage payout timeWithdrawal methods
FanDuel2 daysOnline banking, PayPal, Venmo, Debit card, Pay+, Check, Cash at counter
DraftKings2 daysOnline banking, PayPal, Venmo, Debit card, Check, Bank wire
Caesars3 daysOnline banking, PayPal, Pay+, eCheck, 
BetMGM5-6 business daysOnline banking, Instant banking, PayPal, Visa, Pay+, VIP Preferred, Cash, Check
PointsBet2-4 business daysOnline banking, PayPal, eCheck
BetRivers3 daysOnline banking, VIP Preferred, Play+, Check
Barstool Sportsbook3-5 business daysOnline banking, PayPal, eCheck, check, Pay+
WynnBet3-5 business daysOnline banking, PayPal, eCheck, check, Pay+

Fast payouts are important, but on top of that having an easy to use service to access those funds is crucial as well. Some services are not available in some locations, and some take longer to process because they are out of the control of the sportsbook.

BetMGM payout for most payout methods

BetMGM tops our list for the most payouts methods. Traditional methods like online banking and check are covered, and BetMGM offers instant banking and VISA withdrawal methods as well.

DraftKings payout for using bank wire

For those who have an account at DraftKings, they offer the option of a bank wire withdraw. They can take up to two business days to complete. You’ll need your bank account number and wire routing numbers from your banking institution to use this.

PointsBet payout for PayPal

The process for withdrawing via PayPal on PointsBet. It will take up to two business days to be processed on the PointsBet side, but after that is completed, you should see the funds in your account within 30 minutes. Note that like other sportsbooks, you’ll only be able to withdraw via PayPal if you have previously made a deposit using it.

FanDuel payout for easiest money withdrawal

A combination of average payout time, numerous methods, and a trusted name in 18 states makes FanDuel our choice of easiest money withdrawal. Bettors can be assured FanDuel will payout promptly and fairly.

Best withdrawal methods for fastest payout

Withdrawing your money — especially for the first time — can be an intimidating process. It’s critical for bettors to understand which payout methods will get them their winnings quickly and with the least amount of fuss.

Reminder that results may vary for each payout option on each sportsbook.

PayPal for less than 24 hours

Play+ is also a good option for fast payouts, but we like PayPal for bettors solely because it is accepted at more of the major sportsbooks. Once it is processed, you’ll receive your funds in your account within 24 hours.

What affects fast & easy payouts for sportsbooks?

Online sportsbook payouts are not automatic — each sportsbook needs to go through its process to verify your identity, connect those funds with your account, and then submit the request with the payout method you selected. Here are some of the reasons that could affect 

Unverified identity

Your identity must be verified to withdraw funds, so any hiccup in that will cause your payout to be delayed. Make sure your Social Security Number (SSN) is uploaded, as well as any other necessary documentation before attempting a withdrawal.

Incorrect bank info

Double check all your banking info is correct, otherwise, it could delay the payout process.  Account number, institution number, and transit number must be accurate if you choose to use any banking option.


VPNs could potentially mess up a withdrawal request, as the sportsbook could either think you're in an ineligible state or in the wrong state entirely. Make sure you're not connected to one while attempting to withdraw money. 

5 must-have's for your payouts

This is obviously the most important aspect. You want a sportsbook and a payout method that will deliver your funds as soon as possible. Sportsbooks may not have control on how long it takes payout methods to process and send funds over, but they have control on how long it takes themselves to process payouts.

Fast payout within reason (Or Better)

This is obviously the most important aspect. You want a sportsbook and a payout method that will deliver your funds with the speed of Usain Bolt. Sportsbooks may not have control on how long it takes payout methods to process and send funds over, but they have control on how long it takes themselves to process payouts.

Customer service responsiveness & problem-solving

There will potentially be problems with verifying your identity or other issues, and having a sportsbook that has excellent customer service will be essential if that happens.

No unreasonable fine print on bets & payouts

Sportsbook will put terms and conditions on the bonus bets or deposit match you get upon sign-up. Check out our sportsbook reviews to find out in detail what those terms are and what you need to do to be eligible to withdraw those funds.

Numerous withdrawal options

Some withdrawal methods may not be eligible in your state or may be more complicated for some people. Having a sportsbook with multiple withdrawal methods can keep you at ease when making your initial deposit.

Best promos & bonuses for increasing payout

Welcome bonuses and ongoing promotions are the best way to increase your bankroll and eventually increase the amount of money you can withdraw. Choosing a sportsbook with a sizable welcome bonus, plus one that offers existing users promos for various sports is key to increasing your future payout. Learn more about the best sportsbook promos for new and existing bettors.

Online sportsbook payouts & fast withdrawals FAQ

Which sportsbook has the fastest payout?

FanDuel and DraftKings have the fastest payout times on average.

What’s an average wait time for payouts?

For most online sportsbooks, 2-3 business days is the average wait time for payouts.

How long does it take sportsbooks to payout?

Depending on the sportsbook it will take anywhere from two days to more than seven days to receive your payout.

Do sportsbooks accept withdrawals on the weekend?

Yes, although some sportsbooks measure time to process in business days (aka weekdays and non-holidays).

What’s the best way to find out sportsbooks' payout times?

Each sportsbook will list the methods of withdrawals on their website, alongside the average time it takes to payout with each method.

Do I need to verify my identity to cash out?

Yes. You will have to verify your identity with your Social Security Number, and whatever other documentation the sportsbook also requires.

What payout method is the fastest?

For online sportsbooks, PayPal or a Pay+ card are the fastest payout methods.

What payout method is the slowest?

Checks are the slowest payout methods. They can take up to seven business days after processing but are only available in some states.

Are there any hidden fees associated with withdrawals?

No, but there are minimum and maximum withdrawal limits for each method at each sportsbook. Make sure to check the limits at your sportsbook before submitting a withdrawal request.

How can I exercise caution when withdrawing from a betting site?

Make sure you know how long it can possibly take to withdraw, the minimum and maximum you can withdraw, and your available payout methods in your state. Legal online sportsbooks have to answer to your state’s regulatory gambling authority, so there is a recourse in case there is a dispute.