Best Online Sportsbook for Payouts
Online gambling is exploding in popularity across the country. It seems like every sports commentator and analyst is now sponsored by one of the many sportsbooks out there, and there’s an endless amount of gambling advice you can find online.
But knowing what bets to place is useless if you don’t know where to place those bets. That’s why you need to know the best online sportsbook for payouts. Before you choose a sportsbook, you need to know which sportsbooks are the easiest to use and have the fastest payout options.
Payout method
Most sportsbooks have several options that you can choose from for your payout method. This can affect how long it takes to process your payout, because some methods take longer than others.
When deciding on the best online sportsbook for payouts, you should consider which sportsbook has the best payment options for you, as well as which one has the fastest payment options.
Cryptocurrency
Cryptocurrency continues to explode in popularity across the country and more businesses are accepting it every day. A lot of sportsbooks now encourage their users to make their bets with Bitcoin and other cryptocurrencies because there are usually no transaction fees with cryptocurrency.
In addition to the lack of transaction fees, another benefit to using cryptocurrency when placing bets with sportsbooks is that these withdrawal requests can usually be processed and approved by the sportsbook much faster than other payment methods can be.
E-Checks and Checks by Courier
There are still a few sportsbooks that give users the option to request their payouts via electronic and physical checks. The safest and most prominent sportsbook websites that offer checking as a payment method are MyBookie and Bovada.
Cash Transfer
A number of sportsbooks offer cash transfer as a payment option. The most reliable sportsbook to offer cash transfers is BetUS.
Credit Card
Credit cards are one of the most universally accepted payment options but unfortunately a lot of the sportsbooks that accept them are unreliable at best, and fraudulent at worst. The safest and most reliable sportsbook to offer credit card payments is still BetUS.
Bank Wire
Wire transfers have been around seemingly forever and they are still one of the most secure ways to transfer money online, especially when it comes to using sportsbooks. When making a wire transfer payment, the best sportsbooks to use are BetUS and MyBookie.
What is the best online sportsbook for payouts?
There are a lot of options for online gambling these days, but the best sportsbooks are the ones that give you the fastest payouts. Here are some of the sportsbooks that give you the best payout options. The leading sportsbooks in terms of fast and reliable payout methods are:
- BetUS
- MyBookie
- BetOnline
- Bovada
BetUS
One of the best online sportsbooks for placing bets is BetUS. They offer some of the fastest and most secure payout options in the industry. BetUS offers several options for online payouts including cryptocurrency, bank wire, cash transfer, and credit card.
BetUS processes payouts 24/7 and it usually only takes a day or two for you to receive your money, especially when you use cryptocurrency. For security reasons you must contact your BetUS account manager in order to request your payout.
When using cryptocurrency, users can request payouts between fifty dollars and five thousand dollars every single day.
More information about deposits and payouts with BetUS is available on their website.
MyBookie
If you’re looking for the easiest betting site to withdraw money from, you should consider gambling with MyBookie. They offer free processing for Bitcoin payouts and you can receive your money in as little as two to three business days. Payout times with other withdrawal methods can take as long as two weeks.
MyBookie does require you to verify your withdrawal requests for security purposes.
Minimum withdrawal amounts with MyBookie range from twenty five dollars (with Bitcoin) to one hundred dollars with BankWire payments. The maximum withdrawal amount that users can make at one time is five hundred dollars with E-Checks and five thousand dollars with Bitcoin and BankWire.
MyBookie is a reliable and competitive sportsbook that offers other gambling services including online casino games and race betting.
BetOnline
BetOnline is a popular sportsbook because of their fast and secure payout options. They boast the fastest payout times when customers use cryptocurrency and their other payout options are faster than average.
There are hardly any fees that you have to pay to get your payouts with BetOnline, unless you choose to use your credit card as your banking option. Credit card users have to pay a six dollar transaction fee.
Users who want to get their payouts via E-Check have to pay a fifty dollar fee, or three percent of their total payout. As with the other sportsbooks on this list, this means that cryptocurrency is the best choice to use as your banking option.
With Bitcoin, the minimum withdrawal that users can make is fifty dollars, and they cannot withdraw more than one hundred thousand dollars in a single week
Bovada
Bovada has been one of the best gambling sites on the internet since 2011. In addition to sports betting, they also offer betting options on internet poker and other casino games.
Like other sportsbooks, Bovada encourages bettors to use cryptocurrency for their deposits and withdrawals. They accept Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, and Ethereum, as well as Checks by Courier and vouchers.
The amount of time it takes for you to receive your money depends on how long it takes to approve your withdrawal request, and the payout method that you choose.
Bitcoin payouts are completed roughly twenty fours hours after they are approved, while Bitcoin Cash and Litecoin withdrawals can be completed in as little as one hour after they are approved. Checks by Courier are the slowest method of payout, and it can take as long as two weeks to receive your money after your withdrawal has been approved.
The minimum and maximum withdrawals at Bovada vary by payment method, as does the frequency that users can make a withdrawal request.
Cryptocurrency payouts have a ten dollar minimum for withdrawals, and no maximum withdrawals. Requests for cryptocurrency payouts can be made once every three days.
Checks by Courier have a one hundred dollar minimum withdrawal, and a three thousand dollar maximum withdrawal. These requests can be made once a week.
There is no limit to how often a user can request a voucher withdrawal and these range between ten dollars and three thousand dollars.
MatchPay withdrawal requests can be made twice per day, and these range from a twenty dollar minimum and a thousand dollar maximum.
FAQ’s
Which online casino has the fastest withdrawal time?
The online casinos with the fastest withdrawal time are BetOnline and BetUS. With BetOnline, you can receive your payout in just 2 to 4 days. Their website boasts the fastest payouts in the industry. BetUS has similar withdrawal times and security options.
How do payouts work on Bovada?
As with the rest of the sportsbooks on this list, payout requests with Bovada must be made on the sportsbook’s website. Bovada reviews withdrawal requests on a first come first serve basis, and these payout withdrawal requests can take up to forty eight hours to review.
Bitcoin, Player Transfer, and Voucher are the fastest payout methods, each of these usually only takes roughly one day for Bovada to approve.
How fast does BetOnline payout?
BetOnline boasts the fastest online payouts in the gambling industry. With BetOnline you can have your money in as little as 48 hours when you use cryptocurrency.
The processing times with BetOnline are even faster. Withdrawal requests are often completed and approved in as little as one hour, and normally take no more than forty eight hours to approve.
How long does MyBookie take to payout?
Depending on the payment method, payouts from MyBookie can take anywhere from a couple of days to around a week. They process withdrawal requests in the order that they are received, and it can take up to two business days to review a withdrawal request.
MyBookie recommends using Bitcoin because these payouts can be completed in roughly 24 hours after they have been processed. E-checks can take anywhere from 10 to 14 business days and bank wire transfers can take 5 to 7 business days.
Final thoughts
Making online bets with sportsbooks is a fun way to make money and add extra excitement to sporting events.
There are a lot of options for sportsbooks out there however, and not all of them are safe. When selecting the sportsbook that is best for you, the most important thing to consider is which sportsbook has the fastest payouts, and which one has the most financial security.
The most common and secure payout methods when using sportsbooks tend to be cryptocurrency, digital or physical checks, cash transfers, credit card payments, and bank wire transfers. The best online sportsbook for payouts depends on your exact needs, but the best ones include BetUS, MyBookie, BetOnline, and Bovada.
References
https://www.betus.com.pa/help/deposits-and-payouts/
https://help.mybookie.ag/knowledge-base-2/general-vithdrawals/withdrawal-fees/