There seems to be interest from new people in the process, timing, and cost when withdrawing funds from sports books via bitcoin. So I thought I'd document my experiences with actual withdrawals. Yesterday I initiated 2 withdrawals with the proceeds going to my Electrum wallet. From there I plan on sending them to my Bitpay debit card hence converting them back to USD.
Both were initiated at 11AM on Wednesday 01/17 with BTC hovering around $9,800.
5Dimes - Requested $2,000 (should be about 0.2 BTC). Went to Electrum wallet and generated a receive address. 5Dimes indicated the process will take 3-4 days due to heavy volume. From past experience I know I'll get an Email in a couple of days wanting to verify the withdrawal. Since I'll need to repeat the withdrawal address, I Emailed the address to myself to have a copy.
Heritage - Requested $1,000 (should be about 0.1 BTC). Again went to Electrum wallet and generated a different receive address. Heritage texted a code to my phone to be entered on the withdrawal form. I entered the code and pasted the address. It was rejected indicating I still needed the address. Then I remembered that with Heritage I need to paste the address, add a space , then backspace. The request was confirmed .
I did not request any special processing so I expect slow processing with heavy fees. We'll see.