Quick withdrawal betting sites - 2023

How to find the Best Instant Withdrawal Betting Sites

There are a number of factors to consider when trying to find a fast withdrawal betting site and each is important in its own right and for its own reasons. The main four conditions to consider are Speed, Fees, will unnecessary Additional Documents be needed and are there reasonable Withdrawal Limits. There are other less important factors to bear in mind which are is there a flexible 'Closed Loop' policy, do they offer a range of currency options and is there an acceptable deposit wagering policy.

Each Bookmaker on this page has been compared against these criteria.

Speed of Payment

The most important category when rating Fast withdrawal sites is how long does it take for your betting site withdrawal to hit your bank account! This will vary due to a number of factors most importantly the payment method used but it will also be affected by what time you submit the withdrawal request and what day you make it.

Processing or Admin fees

Free withdrawals have become accepted as the norm but the question "Does this bookmaker charge to withdraw" is still a valid question and another very important category to consider. If a bookmaker charges a fixed amount of money to withdraw it can take up a considerable part of small withdrawals. On the other hand, a percentage could cost a large absolute amount on large withdrawals if not capped. It will nearly always depend on the method used though. At Betfair, if you are withdrawing by a regular bank transfer then this is free, but if you want to use an express service there is a flat £6 pounds or Euros equivalent fee.

The very idea of fees can be enough to discourage some from even betting with that firm in the first place. It is reasonable to charge fees if a deposit was made but not ever even wagered, but any other fees would make us think twice about using that betting site in future.

Additional supporting documents

As part of their licence conditions, a bookmaker must establish certain facts about you, principally that you are over 18 years old, you are a resident of Ireland, the funds which you are using are your own and that you have not previously been banned or self-excluded from operating an account. Most of these checks can be done automatically via publicly available information but it is reasonable for a betting site to ask for a copy of your photo ID, a copy of the card you used to deposit and a copy of some form of proof of address. Some websites go further than this once you withdraw money then they may want a photo of you holding your passport next to your face, or filling in large proof of funds questionnaire. If this happens then they are potentially worth avoiding.

Withdrawal limits

Withdrawal limits refer to the amount of money you can withdraw in one day, or one week, or in a calendar month depending on what restrictions are in place from the online betting sites. It is sensible business practice for them to have some limits in place but they should be reasonable and not affect regular customers.

Some bookmakers place rather low limits on withdrawals which could limit some high stakes bettors or even normal stakes players who get a bit lucky from receiving all of their cash in a timely manner. If that is the case then these should be treated with caution.

Flexible closed-loop policy

Of less concern but still, potentially an issue is what happens when you deposit multiple times with multiple methods. When you come to withdraw you may find that payment restrictions apply and you can not send funds to where you want them to go. Online bookmakers do need to take steps to prevent money laundering and ensuring the balance of one deposit method is fully returned before paying somewhere else is part of this. They should be flexible though when they process withdrawals and the payment method restrictions should not apply when, for example, a bank card has expired so the same payment method can no longer be used.

Currency options

The first choice of anyone opening an account is to use the currency of their own bank account so as to save on conversion fees. It is possible to want to use other currencies though, perhaps if you are arbing and have US sportsbooks to hedge against and UK customers may want a £s account. Gambling sites will usually give you more than one option which is useful to some.

Deposit wagering requirements

The initial deposit amount must be wagered at least one time with no min odds before a withdrawal request will be processed. This is a standard requirement but it should be just 1x wagering (regardless of which banking method is used). If any betting site insists on more than 1x then this is a Red Flag.

Instant Withdrawal Betting Sites

The ideal situation would be for every bookmaker to offer instant withdrawals for every single method but that is unlikely to happen anytime soon. Each betting site has its own policies and timeframes when it comes to processing and paying customer withdrawals, with each deposit method taking a different length of time to pay the money back to its customers. You can see below we have looked at the market leaders and listed their qualities, comparing how long each takes and describing what makes these bookmakers special.