Funding an online betting account is quick and easy. Playing and betting on your favourite sports is also exciting, especially when winning. However, withdrawing those winnings is another story.
After the hassle of meeting wagering requirements, you then often have to wait days to get your hands on the money you’ve withdrawn from a sportsbook.
It seems like gambling sites have been listening to the cries of many bettors and are now acting to ensure there are faster withdrawal payments. More UK betting sites feature withdrawal methods where your funds are processed and sent to you within a day or even less. Continue reading if you’ve been looking for a fast withdrawal betting site.
Fastest withdrawal betting sites in January 2023
- William Hill
- Betfred
- bet365
- Parimatch
- Unibet
- talkSPORT BET
- Grosvenor Casinos
- Spreadex
- Betway
- Paddy Power
How we test the fastest withdrawal bookmakers
The elements that make up a good sportsbook are trustworthiness, security, game variety, promotions, payment options, customer support and of course, withdrawal speed. We’ve looked for and found these elements in the ten betting sites featured in this piece. These elements make a good betting site, but what makes a fast withdrawal bookmaker?
We tested the speed of each bookmaker by checking the list of their supported payment methods first. We had to check if they include methods that allow instant withdrawals, including Google Pay. Most online wallets will reflect funds you’ve sent to them from a betting site as soon as the bookmaker sends them.
Bookmakers can take a long time to process and send them to you. Yet the sportsbooks we’ve chosen have a dedicated team dealing with processing withdrawal for 24 hours daily. When you request a withdrawal with Google Pay, for instance, it will be processed quickly so that you receive your funds instantaneously, within a few or up to 24 hours.
We’ve tested this by checking if when making a Google Pay, Trustly, PayPal and other fast e-wallet withdrawal to see if they’ll reflect within a day. The fast withdrawal betting sites listed here live up to this option.
Unibet
Bet with Paypal at Unibet
Our favourite betting sites for fast withdrawals
William Hill – Has many speedy payment options, including PayPal, ecoPayz and Boku.
William Hill sign up
Bet £10 get £30
18+ New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. T&Cs apply.
Parimatch – Offers a FastFunds feature that enables withdrawals to enter a player’s account within 30 minutes.
Parimatch sign up
bet £5 get £30
18+| New Customers opt in, bet £5 & get 2x £10 Free Bets for set events (odds 2.00+) + £10, Slots Bonus, selected games, 35x wagering to withdraw max £250. Bonuses expire in 7 days. Card Payments only. T&Cs Apply
Grosvenor Casinos – Most withdrawals are processed instantly and paid out within 15 minutes.
Grosvenor Casinos
Deposit £20, play with £50
18+ only| New players only, the £30 deposit bonus will be credited as a non-withdrawable bonus with five times (5x) wager requirements. Not all games count towards meeting wagering requirements. The bonus expires after 30 days. Full T&Cs apply..
William Hill
- Rapid Transfers are processed within 24 hours
- PayPal is processed within 24 hours
- Neteller is processed within 24 hours
- Skrill is processed within 24 hours
- ecoPayz is processed within 24 hours
Betfred
- Rapid Transfers are processed within 3 hours
- PayPal, Skrill, and Neteller are also available but are processed within 38 hours
bet365
- Wire Transfers are processed within 24 hours
- PayPal and paysafecard transfers are completed within 24 hours
- Visa, Maestro and Mastercard withdrawals are processed within 1-3 banking days
bet365 sign up
Bet £10 & Get £50 in Free Bets
18+ | Available to new customers only. Make a qualifying deposit of £5* or more and claim the offer within 30 days of registering your account to qualify for 500% of that amount in Bet Credits, up to a maximum of £50* in Bet Credits. Once released, your Bet Credits will be held in your account balance and are non-withdrawable. T&Cs apply
Parimatch
- FastFunds withdrawals (available to Visa users) can be processed within 30 minutes
- PayPal withdrawals are approved within 24 hours
Parimatch sign up
bet £5 get £30
18+| New Customers opt in, bet £5 & get 2x £10 Free Bets for set events (odds 2.00+) + £10, Slots Bonus, selected games, 35x wagering to withdraw max £250. Bonuses expire in 7 days. Card Payments only. T&Cs Apply
Unibet
- E-wallet withdrawals (PayPal, skrill and Neteller) are processed within 12 hours
- Trustly transactions are approved in up to 24 hours
- Apple Pay withdrawals are usually processed within a few hours
UNIBET
Get money back offers with Unibet
talkSPORT BET
- Visa withdrawals can reach a player’s account within 30 minutes of approval with FastFunds
talkSPORT BET
Bet online with talkSport Bet
Grosvenor Casinos
- Fast Withdrawals are enabled on all major banks and PayPal withdrawals
- Most withdrawals are processed instantly and paid into a player’s account within 15 minutes
Grosvenor Casinos
Deposit £20, play with £50
18+ only| New players only, the £30 deposit bonus will be credited as a non-withdrawable bonus with five times (5x) wager requirements. Not all games count towards meeting wagering requirements. The bonus expires after 30 days. Full T&Cs apply..
Spreadex
- Card withdrawals are received within 2 hours of being approved
- Bank transfers will be received within 2 working days
- CHAPS same-day transfers can be requested, but are subject to a £25 charge
Spreadex
Get fast payments at Spreadex
Betway
- E-wallet withdrawals are processed in 2-24 hours
- Visa Direct transactions can allow debit card withdrawals to reach bank accounts within 12 hours
Betway sign up
Deposit £5 at Betway
Paddy Power
- Rapid Transfers are instant
- PayPal is processed within 4-24 hours
- Neteller is processed within 4-24 hours
- Skrill is processed within 4-24 hours
What are the best payment methods for fast withdrawals?
Fast withdrawal payment methods are something that bettors have always wanted from betting sites. Gambling sites have made it their goal to meet fast payment options halfway by having teams that help keep processing time shorter. Even central banks have joined in by offering fast transaction processing options.
Debit Cards (Visa, Mastercard, Maestro)
Debit cards including Visa and Mastercard are supported by almost every betting site in the UK and globally. They aren’t known as the quickest way of receiving your funds, but they’re the most common way for most people to deposit and withdraw. The recent introduction of Visa Fast Funds or Visa Direct has drawn punters back to using Visa. That’s because the processing time ranges between 30 minutes to 4 hours.
E-wallets (PayPal, Skrill, Neteller)
PayPal, Skrill, Neteller, and Trustly are some of the most popular payment methods UK bookies support to ensure faster withdrawals for customers. Withdrawals with e-wallets usually take up to a day to process, but depending on the site, they can happen even quicker.
Betway
Bet with Skrill at Betway
What are the slowest payment methods for withdrawals?
There are certain withdrawal methods that players need to be aware of because they can take days to process funds. This is usually because the betting site does its processing and the bank also takes time to process the transaction. Remember, most financial organisations work only Monday to Friday if there’s no public holiday. So, don’t be surprised that some payment methods can take over a week to process withdrawals.
Bank Wire
Experienced online bettors prefer using something other than Bank Wire, also called Bank Transfers, to withdraw funds. This is one of those payment options where you forget about your withdrawal request for a while, remember it, check your bank balance, and it’s still not there. If you think waiting for five days is long, you’ll need more patience here, as it can take up to ten days.
Cheque
Not many bettors know, but you can request your withdrawal via cheque in a bookie. However, you’ll have to be very patient as the process is lengthy. You must first request the cheque and then wait for it to arrive. Upon arrival, you’ll have to visit the respective bank, deposit it to your account or cash it in. If you’re lucky, this process can take five days. Yet there’s also a possibility of it taking up to 28 days.
How can I improve withdrawal times?
There are a few ways to ensure that you don’t contribute to your withdrawal request delay. They include the following:
Verifying your account: Go through the KYC procedure right after you’ve joined a betting site so that you aren’t asked to do it while requesting your withdrawal. To verify your account, you’re typically asked for a proof of identity document like your government ID card, passport or driver’s license. Some bookies can ask for proof of address documents like your utility bills or bank statement that isn’t older than six months.
Choose a fast withdrawal method like Google Pay, PayPal, Neteller, Boku, Skrill or Visa Direct. These are usually processed within a day on top UK betting sites.
Commercial content notice: Taking one of the bookmaker offers featured in this article may result in a payment to talkSPORT. 18+. T&Cs apply. Begambleaware.org
Remember to gamble responsibly
A responsible gambler is someone who:
- Establishes time and monetary limits before playing
- Only gambles with money they can afford to lose
- Never chase their losses
- Doesn’t gamble if they’re upset, angry or depressed
- Gamcare – www.gamcare.org.uk
- Gamble Aware – www.begambleaware.org
For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to www.gamstop.co.uk to be excluded from all UK-regulated gambling websites.
Source link: https://talksport.com/betting/1287449/top-10-fast-withdrawal-betting-sites-uk-2023/