Best Online Sportsbook For Payouts
Just as it is important for an online sportsbook to have a variety of good deposit methods, it is equally important to have a good variety of payout methods. After all, if you cannot easily get your money out of your account, what’s the point? You join an online sportsbook to have fun and win money, and having a good selection of payouts at sports betting accounts is an absolute must. Of course, there is no perfect payout method that applies to everybody. Speeds, limits, and processing fees can vary quite a bit. That is why we have put together this page, to help you make heads or tails of sportsbook payouts and withdrawals.
Online Sportsbook Benefits: fast payouts at home. When you choose one of the fastest payout online sportsbooks, you will enjoy a number of benefits. Online sportsbooks offer a wide coverage of markets, fast and secure transactions, bonus options, and some of the best betting odds in the industry.
Online Betting With Easiest Payout
Top Online Sportsbooks Top Payouts Top Reduced Juice. Find the Best Sportsbook Bonuses. Online sportsbooks around the world have yet to grade betting slips and pay out hundreds of millions. If you are looking to get started with fast paying online sports betting, one thing to consider before you place your first bet is which websites offer a fast payout. Many online betting sites are available but the sportsbooks with the fastest payouts are preferred by sports bettors for their ease of access to funds. For first-time deposits, the processing fee of 4.9 percent is waivered. Payouts are done using rapid transfer, otherwise known as money gram. Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms. The minimum wager online is $1 and $50 for mobile bets.
This page will focus on how to collect money at an online sportsbook. We will start by addressing the questions of legality and safety before recommending a few great online sportsbooks that meet our standards. The meat of this page will be a comprehensive list of all the different payout methods available, complete with details on speeds, limits, and fees. This ought to be plenty of information to get you started.
Yes, online sportsbook payouts are legal as long as you stick to the sites that we recommend. These online sportsbooks are based outside of the US, and therefore are exempt from the contentious 2006 law known familiarly as the UIGEA and more formally as the Unlawful Internet Gambling Enforcement Act. The UIGEA prevents the transfer of funds to and from online betting sites, which is why you will not find many internet sportsbooks that are based inside the United States. The ones that are, for example in Nevada, are only available for in-state residents. The overseas sites listed on this page, however, are outside of the UIGEA’s reach and therefore perfectly legal.
Are Online Sportsbook Payouts Safe?
Yes, online sportsbook payouts are safe. This is because they use the very latest and most modern technology to prevent hackers from stealing your information. The way that sites do this is by using encryption, which in layman’s terms means coding. What this suggests is that anyone trying to worm their way into the site will just see long strings of gobbledygook that doesn’t look like anything specific, just lots of random numbers and letters. This information can only be unlocked by those in possession of a special code key. Besides encryption, these sites also use what is known as firewalls, which keep track of site traffic and block unauthorized users from gaining entry.
When it comes to the best online sportsbooks for US players, the more payout methods a site has, the better. That is why our list is so short, because only a few online sportsbooks have what we consider to be an adequate list of payout methods. The sites listed below are some of the very top of the line, no ifs, ands, or buts.
Fastest Payout Times - Great Selection of Withdrawal Methods
The next time you want to bet on your favorite sports, we have a great suggestion. It’s called SportsBetting.ag, and it is one of the best sites on the web for wagering on football, basketball, baseball, hockey, soccer, tennis, and nearly a dozen more! You will find everything you are looking for at this safe and legal betting site, including a surplus of odds and wager types, a plethora of promotions and the best sportsbook bonuses, and fun-filled features like live and mobile betting. SportsBetting.ag accepts players from across the entire United States, joining is free, and it doesn’t take but a couple minutes to make an account.
We know that you are a winner and are guaranteed to make a lot of money at SportsBetting.ag. Lucky for you, SportsBetting.ag offers some great ways to withdraw your winnings. For example, you can use MoneyGram or Western Union to make a person to person payout, which takes less than 36 hours for delivery, or you can make a bank wire transfer and withdraw as much as $24,900 at a time! SportsBetting.ag offers three different types of check withdrawals as well as the eWallet service Bitcoin! With so many great payout options available, you will easily be able to have your cash in hand in no time at all!
Easy Withdrawal Options - Quick Processing Times!
5Dimes knows what it takes for a sportsbook to be the best, because it has been on top of its game for 20 years! This sports bettor’s paradise takes everything that is awesome and fun about sports betting and combines it into a one-stop betting hub that has something for everyone. You don’t have to be Billy Walters in order to win the jackpot, because 5Dimes makes it easy for novices and professionals alike! Member benefits at 5Dimes include mobile wagering, reduced juice and other bonuses, and world-class customer service.
Payout methods at 5Dimes are full of variety. MoneyGram is one of the most popular withdrawal methods, as it is fast an inexpensive. MoneyGram offers several different options: MG Red and MG EXPRESS, each of which have their own fees and limits. Debit card funds application (DCFA) is another great method. It is similar to regular debit card. The payouts go directly into your bank account, and you can withdraw as much as $2,400. If you want to request a larger payout, you might want to consider a money order, which allows you to withdraw as much as $9,500. Other methods you will find at 5Dimes include Bitcoin, cash/gift cards, and cashier’s checks.
Any time you want to find out the necessary information on deposit methods or payout methods, the online cashier is the place to go. You can click on any method, and the sportsbook will give you all the relevant information regarding fees, limits, speeds, etc. For a brief overview of the various payout methods available at the best online sportsbooks, we have created a cheat sheet explaining some of the basics for each popular payout method you might run into.
Western Union/MoneyGram
These types of transfer services are sometimes called person-to-person transfers. They usually take somewhere between 12 and 48 hours, depending on the sportsbook in question. It works by requesting a withdrawal from the online cashier. You will receive a confirmation number, which you must give to the retailer when you pick up your winnings. Withdrawal limits range from $50 to $600. MoneyGram is available at many online sportsbooks, although Western Union is only available at some of them.
Cashier’s Check
Cashier’s check is a method that you will find at a few of the more popular online sportsbooks, but not all of them. You might be able to find cashier’s check listed under “all other methods” at the online cashier. You will receive your cashier’s check within two weeks, and when you get it, you can deposit it straight into an ATM machine. The minimum is around $1,000 and the maximum is around $7,500. Fees are in the neighborhood of $40 to $80 depending on how much money you withdraw.
Check (by mail, courier, or EXPRESS)
Each of these check types has its own specific limits, fees, speeds, etc. Check by mail is the slowest (30 days) and cheapest ($25), check EXPRESS is the fastest (7 days) and priciest ($50), and check by courier is smack dab in the middle (15 days and $35). The deposit minimums and maximums are the same for all three types ($500 to $2,500). You can deposit checks directly into your bank account.
Bank Wire Transfer
In order to complete a bank wire transfer, you must contact your financial institution with the instructions and amount you want to pay out. It usually takes less than ten business days, with fees in the ballpark of $45 to $75. The best thing about bank wire transfers is that the maximum is sky-high ($24,900), while the minimum is around $500.
Money Order
Money orders typically take no more than two weeks. Although they are not quite as fast as some of the other methods are, they have their benefits. For example, the fees are usually flat, around $80. Some sportsbooks will even waive the fee on certain special free payout days. You can request a money order in the amount of $1,000 to $9,500 between 9am and 1pm Monday through Thursday. To make a money order, contact your sportsbook via customer service or live help.
Debit Card Funds Application
Debit card funds application is a payout method that is very similar to a regular debit card (debit and credit cards cannot be used for withdrawals because of UIGEA regulations). They go right into your bank account within three to five business days. Fees vary from about $15 to $40, but you will not be charged if you have not requested a payout within the last thirty days. DCFA payouts can be anywhere from $100 to $2,400.
My Cash/Gift Card
My Cash/Gift Cards can be used to make payouts any time, day or night. They are fast, easy, convenient, and do not have any fees attached. You will receive your cash within 24 hours after your request is processed. You must contact the customer service department at your online sportsbook to find out the instructions. Popular cards include the Amazon Gift Card and Walmart Gift Card, which lets you pay out any amount that you want, whereas the Amazon Gift Card only lets you withdraw in $50 increments.
Bitcoin
Top 10 Sportsbooks Online
Bitcoin is a popular eWallet service that has gained in popularity over the last few years. Most online sportsbooks now accept it. Bitcoin changes hard cash into digital currency. Money comes out of your Bitcoin wallet and you must trade Bitcoin addresses with the site you are doing business with. Bitcoin transfers are almost instantaneous and there are no fees, although you may have worry about exchange rates. Withdrawals can be made in the amount of $50 to $5,000 depending on the sportsbooks you are using.
Prepaid ATM Card
Best Online Sportsbooks For Payouts
Not every sportsbook offers prepaid ATM cards, but the ones who so charge a flat fee of $25. If your sportsbook does offer prepaid ATM cards, you must contact them personally and request one. They will either mail it to you or deliver it by courier (which costs about $80). You can request one any time between 9:00am and 11: pm Monday through Friday. Contact customer service to find out the payout minimums/maximums.