Top Offshore Sportsbooks
- Best 3 Sports Betting Sites Online 2021 - Top-rated Sportsbooks #1. Bonus: 50% up to $250. Bonus: 50% up to $1000. Bonus: 50% up to $1000.
- However, the top mobile sportsbooks to gamble on the games are offshore internet sports betting websites. These outlets are legal and safe to use for residents in New Jersey and allow for a number of wagers with odds that best even Las Vegas bookies for NFL wagering in the Garden State.
- Offshore is already fully-fledged and it is completely legal for you to place your wagers at one of the top sportsbooks out there. So long as a website accepts players from your country, you can place with little to no concern about the legal status of sports betting in your country.
- Top Offshore Sportsbooks
- Top Offshore Sportsbooks Stocks
- Best Offshore Sportsbooks Reddit
- Top Offshore Sportsbooks For Sale
- Top Rated Offshore Sportsbooks
- Top Offshore Sportsbooks Best
- Top Offshore Sportsbooks For Usa
If you’re looking for an online betting site with an easy-to-use method to deposit and withdraw your money, you might be interested in checking out PayPal betting sites. Betting sites that work with PayPal have already done the heavy lifting and set up an easy-to-use, fast way for you to fund your betting account and withdraw your winnings.
The offshore functionality allows top offshore betting sites to make more money in terms of revenue and this is making them more legal in several states. This is because the offshore sportsbook sites help the government to earn revenue, via tax and be sure of limited fraud cases or money laundering. There are some that are bad and then there is the list of best offshore sportsbooks here. Among the best offshore sportsbooks are Bookmaker, Bovada, 5Dimes and Intertops, you can learn more about them on our website. All of those sportsbooks are currently located offshore, hence the name.
You’ll see in our list below some of the best PayPal betting sites offering a trusted, top-notch experience. All you have to do to get started today is check out a few of these sites, find the one that fits best for you, and start trying to rack up a win!
Betting Site | Bonus | Bet Now | |
---|---|---|---|
1 | up to €30 Free Bet | Go to Site | |
2 | 22Bet | 100% up to €122 | Go to Site |
3 | 100% up to €200 | Go to Site | |
4 | 10Bet | 100% up to €50 | Go to Site |
5 | 100% up to €50 | Go to Site |
The Advantages of PayPal Betting Sites
Before we get into how PayPal betting sites work and a few other things you need to know, we want to cover the advantages of using one of these sites. Below, you’ll find a list of the three biggest perks of choosing to bet with a PayPal betting site. These are not all of the perks, but certainly, they’re the three biggest that we wanted to make sure to point out. It doesn’t matter to us what type of betting site you use, as long as you use the best one that works for you. That being said, you’ll probably see that PayPal betting sites are probably going to be a good fit for a lot of you.
Privacy of Your Banking Information
PayPal is a massive international company that is trusted by pretty much every business in the world. With a market cap of over $50 billion, they’re certainly not some fly-by-night processor that you have to worry about. We share all of that information to point out that you can trust your banking information with them.
Now, we have a lot of trust with the online betting sites that we recommend, but you may have never heard of them and might be a little skeptical about giving them your banking information. You might not be ready to just surrender your trust and your information. This is where PayPal comes in.
Most people that use PayPal (179 million users) choose it so that they don’t have to use their banking information with any other online sites. Instead, they use PayPal as a middleman to do all of their transactions. As you’ll see when we discuss how PayPal deposits work, they take the money from your credit card, debit card, or bank account, and then they complete the transaction with their own banking information. So, no matter how many sites or companies you use PayPal with to make purchases or deposits, you never have to share your banking information with any of them.
This helps to keep your personal banking information or card information safe.
Easy Method to Withdraw
Not only is PayPal great for getting your money onto an online betting site, but it’s also a great way for you to withdraw your winnings. Typically, if you use PayPal to deposit onto a site, they will then allow you to use it to withdraw your funds. The only reason they require at least one-lifetime deposit is to make sure that when they withdraw the money, it goes to the right account. So, you can make a $5 deposit on PayPal, and then withdraw as much money as you want for the remainder of the life of your account.
Usually, there are no or low fees associated with this withdrawal method (depending on the site you choose to bet with). The cash-out wait period is typically only a few days at the most from the time of your request to become available in your account. Some sites can even get these cash-outs done in less than 24 hours!
Fewer Headaches and Bank Issues
If you’ve ever tried to make a deposit into an online betting site before, you know that sometimes there can be issues. Specifically, you’ll run into one of two problems. One, the method you are using is confusing or not well laid out and can be more headache than it’s actually worth. Or two, if you’re using a mainstream option like a credit card deposit, you may run into problems with your bank declining the charge because they think it’s fraudulent. Usually, you can work around this, but it requires you to call your bank and work with them to get the transaction through. With PayPal, though, there are usually no issues with any bank as it is such a major reputable business.
How Does a PayPal Deposit and Withdrawal Work?
Some of you may have never used PayPal before, which could make this option seem a little bit intimidating. But, never fear – we’re going to walk you through exactly how it all works. There’s a reason that over 179 million people choose to use PayPal.
Deposits
Normally, when you make an online purchase (a deposit is the same as a purchase), you have to give your payment information to the site you are making the purchase with. This could be your banking information, your debit card number, or your credit card number. The site then takes their money and puts the funds in your account or sends you the product you are purchasing.
If you end up making a purchase with 10 different sites, 10 different companies now have your information in their systems. If you make 100 purchases, 100 different companies have your information in your systems. This is not a big deal unless one of these sites gets hacked and their information becomes comprised. Obviously, if you have your information with more sites, you’re more likely to be a victim of a mass hacking, which happens far too often at all different types of online businesses these days.
During this process, the only company that sees your banking information is PayPal. Technically, you make a purchase/deposit with PayPal first, and then they go and make a secondary purchase/deposit on your behalf using their own banking information. This means that the site you are buying from will only see PayPal’s information. That means if that site is ever hacked, the only company that needs to worry about their information being compromised is PayPal. You are completely protected and insulated.
So, even if you make 1000 different purchases online using PayPal, only one company sees your banking information. And that company has 179 million users, more than a 50 billion dollar market cap, and some of the best security possible. You only have to give your information to one major company that you can trust.
We’re not saying that online betting sites are more susceptible to getting hacked, but why not take advantage of the added layer of security just in case? In fact, you should probably be using PayPal or a site like it with all of your transactions online.
Withdrawals
When you’re making a withdrawal with your PayPal account, you’re equally as insulated. Just as there were two transactions with a deposit (you pay PayPal, and then they pay the betting site), there are two transactions when you make a withdrawal. PayPal will provide their banking information when you request a withdrawal, and the betting site will send your money to PayPal’s main account. Then, PayPal will make a second transaction, transferring your money from their main account into your personal PayPal account.
Now, if you’ve never used PayPal before, the next obvious question is how do you use your money? Well, you have two options.
Things You Need to Know
Before we send you out on your own, we wanted to point out a few additional important things that you need to know about PayPal betting sites. We want to make sure that we answer as many of the most popular questions and topics of discussions surrounding these types of sites.
Be Aware of Potential Limits
One thing that you’re going to run into when using a PayPal betting site is limits on how much you can deposit. Typically, these limits are going to be high enough for most, but if you’re a big player, you may have a few issues you have to work around. The limits are all over the place depending on where you are betting, with the low end being a couple hundred and the high end being well into the multiple thousands.
Time Frames for Deposits and Withdrawals
PayPal deposits are usually instant after you click to make the deposit from the site. But keep in mind that you will need to set up your PayPal account if you don’t already have one. It doesn’t take too long, but you will need to link a bank account or credit/debit card to your account which will take a few minutes.
Regarding PayPal withdrawals, they usually process within a few days at the max. The reason they aren’t instant is that once you request the withdrawal, the betting site has to process the withdrawal, and then it has to go through its “two transactions” before it finally gets to your account. How quick the betting site is at getting to your withdrawal request will determine how quickly you get your money.
Are There Any Fees?
What we normally see at PayPal betting sites are no fees on deposits or withdrawals. Rarely, we will see a small fee on withdrawals, but never have we seen one on a deposit. The fees that PayPal charges to make their money on your deposit are always absorbed and paid by the betting site.
Safety and Security
We touched on this during the benefits section of our guide, but we wanted to drive it home a little further. Online betting sites aren’t any more dangerous than other online sites in other industries. In fact, the reputable sites are typically a lot safer than the other online merchants you might use because they spend a lot extra to keep your information and money safe. They usually have to have the same level of protective measures as a bank, which means you can expect great security. Remember, this is only with reputable online betting sites, though.
All that being said, you still should be looking to do everything you can to make your online betting experience as safe as possible. When you use PayPal to fund your account and withdraw your winnings, you’re going the extra mile to make sure your information is safe. You never have to share any of your personal banking information with any of the online betting sites you use. That means that if they ever somehow get hacked or have a data breach, you’re not going to be at risk.
So, if your question is whether or not PayPal betting sites are safe, they are as long as you are using a reputable site.
In Conclusion
If you’re looking to get into the betting action and want a safer experience, you’re probably going to be a fan of PayPal betting sites. These sites offer you a quick way to load money online and a quick and headache-free way to get your winnings off. To get started, just select one of the PayPal betting sites we’ve recommended at the top of the page, and get yourself into the action today!
You want the fastest payouts right? Sports bettors understandably want the fastest sportsbook payouts possible. Having quick access to your funds gives them flexibility. You can take advantage of great lines offered, use the money to celebrate a major win. Or, you can ensure the money is ready to move on a highly-anticipated sporting event.
This list is our weekly updated payout report from the sportsbooks on our Good list.
Last Updated 2/1/2021 – 2021 Payouts & Cash Outs Update
- Bovada – Check payouts are taking about 48 hours to your door. This is after your cash out request is approved. Getting approved can take a bit of time if it is your first withdrawal. Keep in mind that only once per month you can get a Fedex overnight delivery – always deposit your check right away at your normal bank! I would not try and cash it at a gas station or check cashing place. Players get one check free per month Bovada will be encouraging you to utilize bitcoin. It’s easy to set up a wallet to receive BTC from Bovada and they pay out promptly. Usually within hours once your account is established. I wrote a bitcoin gambling wallet guide if you want to get set up (short answer is use Green Wallet from Blockstream.)
- Bet Online – Bitcoin cashouts preferred and take within 24 hours of request. Check payments take 4-5 days or so, which is consistent with previous months. They are pushing bitcoin for cash outs and deposits (as is the entire industry).
- Bookmaker – No more checks to anyone at Bookmaker – you need bitcoin or crypto to cash out (or in). Checks were taking 3-4 days but they are really pushing crypto. However they always pay lightning fast, with bitcoin to me on the first week of the month. Bitcoin payments are about 1 day on average and mine was within hours.
- MyBookie – My honest answer is that they pay, but it’s not as fast as the other sportsbooks. Slower pays here up to the end of the month but they manage to make payouts. Players are getting paid via check and crypto. Checks take about a week right now. This book is honestly somewhat of an enigma for me. Some months they pay out way sooner than other. Reports from the internet is that payouts are taking about a week. More details to come soon.
2021 Sportsbook Cashout Report – Updated All Month Long
February 2021 – Expect Bookmaker on Tuesday or Wednesday. Bovada around the 7th with BOL coming in a couple days later. Updates as payouts are received.
January 2021 – It’s a new year and we are following the speed of payouts from sportsbetting sites all year long. Bookmaker and Intertops expected within days. Bovada around the end of this week. Bovada paid on 1/7/21. Betonline paid on 1/18 to BTC wallet. Mybookie paid on the 29th. More updates as they roll in.
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December 2020 – As we close out the final month of this year, we have a wide range of payouts coming in. Expect bookmaker on 12/3 (yes, was paid), nothing from intertops, Bovada around the 10th. BOL and Mybookie expected by the 20th and 30th respectively. Bovada paid 12/7, right on time as usual. Betonline in on the 15th. Waiting on Mybookie expected at the end of the month *Mybookie paid on the 24th, early for this this month.
November 2020 – Updates as they roll in. Intertops paid to player account 11/2, expect BTC payout within a couple days. Bookmaker due. Expect Bovada by the 10th. Bookmaker paid on 11/6, Bovada on 11/9. Updates as they happen. Betonline and Sportsbetting paid on the 10th. *Mybookie paid on the 30th.
October 2020 – *5dimes did pay out at the end of last month, for what is likely the last time ever (RIP) on 9/27. Bookmaker on 10/5 paid, Bovada paid on 10/8. 10/19 – waiting on BOL and Mybookie within the next week. BOL actually send payment earlier back on 10/14 but wasn’t reported here properly.
September 2020 – ***5Dimes is pulling from the USA market. Withdraw your funds ASAP! We are on hold with them trying to get paid the remainder of our account balance. I expect to be paid but you never know. Bookmaker to pay shortly and Bovada within the week. Updates as payouts start coming in. Intertops paid on 9/7, Bovada paid on 9/9 (to cashier on 9/7), Bookmaker on 9/4, 5dimes on 5/4. *special note on 5dimes, we learned they are leaving the USA market as of 9/25. We recommend withdrawing your balance ASAP. Bitcoin preferred withdrawal method. Betonline paid on 9/14. Mybookie paid 9/24, same time as last month.
August 2020 – Intertops paid on 8/3, 5Dimes after some delay from last month, paid out fast on 8/3. Expect Bovada on Friday 8/5, actually Bovada paid to cashier on 8/4 and then via BTC on 8/5. Updates as they roll in. GTbets began payout on 8/4. Betonline and Sportsbetting paid on 8/15. Mybookie paid on the 24th.
July 2020 – Intertops began payment on 7/2. GTBets, Bookmaker and 5Dimes expected within a few days. Bovada and Betonline shortly after. Bovada paid on 7/7 to cashier available to withdraw bitcoin. Mybookie and BOL paid by 7/25.
June 2020 – I was late on the updates this month, however the good news is that on 6/15, most of the sportsbooks have paid. The early guys included Bookmaker, 5Dimes, Intertops and GTBets. These Closely followed by Bovada and Betonline around the 10th. Mybookie is expected around the end of the month. Will update as soon as Mybookie / Xbet arrive.
May 2020 – It’s strange times we are in. But the bookies are still paying. Intertops 5/4, 5Dimes 5/3 initiated the payout process, other sites as they roll in. Bovada paid bitcoin on 5/11 (in our btc wallet, not just in cashier). BOL paid to bitcoin wallet on 5/8. Waiting on Mybookie as usual expected by the end of the month. GTbets a new bookie paid early this month as they are reported to usually do as well on the 4th.
April 2020 – It’s more important than ever to keep up with the world of payouts from the sportsbooks as the influx of cash has slowed due to no sports to bet on. These books remaining liquid is of upmost importance. Let’s get to the payout report. 4/2 – 5Dimes paid via BTC as well as GTBets. Bookmaker would have paid however there was not a payout due from them. Mybookie actually finally paid on April 2 from a payout due in March. Bovada and Ignition paid nice and early again this month, on 4/7.
March 2020 – 3/2 – Bookmaker and 5Dimes paid early on the 3rd of the month as usual this month. Updates as they roll in. wow Bovada paid super early this month, on 3/6 making up for a late payment the previous month. Betonline paid out on 3/12.
February 2020 – Bookmaker and 5dimes both paid on 2/5. GTBets will be added to the payout list this month with payment on the 8th. Bovada is offering a new payout method this month and I will report on that once it is complete. Payouts expected to be available around the 15th. The payout was late this month from Bovada as they rolled out a new cash out method. Payments should be here via Bitcoin on 2/21 as they withdrawal was approved on 2/20. Actual Bovada payment arrived via BTC on 2/24. Betonline is late this month but they have paid (Paid on 2/23).
Expect Mybookie payout around the 25th.
January 2020 – 1/13/2020 update – Expect Bookmaker and 5dimes by 1/5 Bookmaker paid 1/8 via BTC, 5dimes paid on 1/8 via btc. Expect a slight delay due to the new years holidays. Updates coming as they roll in. Intertops 1/10, Bovada and Betonline expected this week around 1/15). Betonline paid on 1/14, Bovada paid on 1/15. Due up next is Mybookie which is expected closer towards the end of this month. Mybookie paid on 1/25 to finish out our expected payments due in January.
2019 Sportsbook Cash Outs/ Payments by Month
December 2019 – Sorry for the late updates this month. I was playing poker in Cherokee at the WSOP Circuit. Anyway – 5Dimes paid 12/4. 12/16 – Bovada, Betonline and Sportsbetting paid via bitcoin. bookmaker paid 12/19 after re-requesting payout. They missed our first of the month request. 12/6 – No payments in yet. Expected this week. Updates as they roll in.
November 2019 – Expect most payments to start arriving week of 11/3 with Bookmaker and 5dimes leading the way as usual. Updates as they happen. 11/7 Betonline paid early, Bookmaker and 5dimes requested and will be processed by 11/8 and will updated if not (payouts did happen 11/8 from both altho 5Dimes took an extra day due to their cashout out verification policies that require a phone call. Expecting Bovada early this month as well, but that is not confirmed. Bovada paid exactly the same time as last month, Friday the 15th just as the office closed up for the week. Mybookie paid from last month, finally in the first week of November, they always pay but they pay late in the month.
October 2019 – 5dimes on 10/2 via bitcoin, Intertops 5/7 via bitcoin. Bookmaker via BTC on the 4th, Bovada paid on 10/18 15th, Expect Betonline this last week and Mybookie by the end of the Month. Updates all month long as they roll in.
September 2019 – Expect payouts from all bookies this month, will report as they roll in (labor day on Monday so will likely see bookmaker and 5 dimes by 9-5). Bookmaker paid 9/4. 5Dimes paid 9/3, Intertops 9/5. Bovada paid 9/19, Betonline/sportsbetting on 9/15. Mybookie late as usual however payment is always eventually made.
August 2019 – Sorry for the late updates, I was playing poker at the WSOP in Cherokee. 5Dimes paid 8/3. Expect Betonline and Bovada withing 7-10 days. Bovada paid via BTC on 8-16. BOL paid on 8-18. I do not expect a payout from bookmaker. Mybookie due in within 5 days.
July 2019 – 7/2, 5-dimes began cashout verification and we replied via wrong email then left for Vegas. 7/3 – No payment from bookmaker, 7/4 Intertops paid to player account and can withdraw via bitcoin, 7/12 Bovada paid via BTC, expect Betonline (came in on 7/17) and Mybookie not in as of 7/26, expected soon.
June 2019 – 6-17 update, 6/6 payments are delayed on our side due to things on our end this month. Bookmaker 6/10, 6/13, Betonline paid via Bitcoin, 5dimes to pay as soon as we request. 6/17 Bovada in on time, 5dimes within two days of request 6/20. Updates as they roll in.
May 2019 – 5Dimes paid 5/2. Bookmaker paid on 5/3 via btc. Intertops on 5/3. Betonline 5/15 and again on 5/20, Bovada 5/16. Mybookie paid 5/24.
April 2019 – 4/5 – 5Dimes payout via BTC, 4/4 – Bookmaker via BTC, Intertops paid 4/2.4/18 Bovada paid via BTC. 4/19 Mybookie paid, All sites expected this month so will be updating as they roll in.
March 2019 – 3/1 – no payment expected from Bookmaker so they get a pass. 3/4 Intertops paid, 3/5 expect 5dimes 3/7, Betonline paid 3/9 and a second payment on 3/20(larger amount). Bovada was due to be in on the 20th but we had a slight hiccup on our end (our fault) on getting paid. All other bettors paid fine – altho Mybookie pressed out into early April for payment, but paid in full but a bit later than usual.
Feb 2019 – Bookmaker 2/2 paid via btc, 5dimes 2/5 paid via btc, Intertops paid 2/7. Bovada paid 2/19 a couple days later than before. Betonline in on 2/15, right on time.
January 2019 – 1/4 Bookmaker paid via btc, 5dimes 1/10, Intertops 1/12, expect Betonline paid 1/13, Bovada paid on 1/15 right on time. Mybookie paid 1/27.
Last Year
December 2018 – 12/7 = Bookmaker on 12/4, Intertops paid, 12/11 Betonline paid one account and 12/13 paid the second. 5dimes had no payout this month. Bovada paid 12/17, on time.
November 2018 – 11/2, 5Dimes paid (kinda) as they declined our bitcoin withdrawal because we didn’t answer the phone when they called us the first time. Then they had us re-try once we contacted them back. The re-try was working until their system flagged us for requesting more than one cashout in a 7 day period (sigh). We didn’t go through the hassle of trying to explain to them why we’ve requested a withdrawal twice within 7 days and just figured we would wait a little bit. Bookmaker in on 11/6. Betonline on 11/7 (very fast). Bovada on 11/20 which is on time for them.
October 2018 – 5Dimes leads the way this month with BTC paying out on 10/2. Bookmaker 10/4, Betonline in on 10/10. Bovada has paid, altho later than usual but within their window of 10/22. Mybookie and more soon. Will update as they roll in.
September 2018 – This month we had 5dimes in 9/6, after jumping through many hoops to confirm my identity even for bitcoin payouts. Betonline in on 9/11. Bovada in on 9/19. Payments expected soon for Mybookie. Updates as they roll in.
August 2018 – 5dimes paid 8/2. No bookmaker payment due again. Betonline/Sportsbetting paid on 8/14. Bovada updated to expect payout on the 20th, however we are still waiting (8/21) *update, Bovada payment received the afternoon of the 21st.
July 2018 – Bookmaker, 5Dimes, Intertops all paid by 7/9. Bovada in 7/18. Betonline made last months payment finally around the 4th. They also paid on time for July (16th). We will continue to be watching closely this month as they were very late last month.
June 2018 – Bookmaker paid via btc 6/5, 5Dimes paid btc on 6/5, Intertops on 6/15, Bovada paid 6/18. Betonline expected this week (6/18). No payment yet from BOL. BOL paid July 3, very late. Due to BTC processing (they couldn’t buy enough bitcoin in time??)
May 2018 – Let’s see who pays first. Bookmaker 5/1 is in. 5dimes paid 5/3, Cloudbet 5/2, Expect Bovada and Betonline within the week 5/14. Betonline paid on 5/22 via BTC.
April 2018 – Betonline now paid via bitcoin 4/17. Bookmaker, Intertops and 5 dimes payments were made on April 4th, 5th and 6th. We expect Betonline and Bovada within 5 days. Payments will be recorded here.
March 2018 – Let’s see who pays out first this month. Bookmaker on 3/1, 5dimes right behind. Intertops 3/3 paid to player account. Bovada 3/9 paid in full. Expecting Betonline any day now. Betonline had major DDOS attacks all month long that they were dealing with.
February 2018 – 2/14 – Bovada via BTC, 02/13 – Intertops paid via BTC after switching to check last month. Betonline processed payment 2/14. Bookmaker and 5dimes paid first week of February. 2/13 Currently waiting on Bovada (any day now and which is still on their payment time window).
January 2018 – Intertops paid to player account on the 2nd but could not pay with bitcoin because of network congestion! Are you serious? They sent a check which arrived on Monday the 8th. Wow, bitcoin deposits are disabled at Intertops because of the high fee’s and network congestion. Come on Bitcoin, get your shit together and get Segwit or Lightning or whatever solution is in there in place to be able to USE bitcoin not just have a store of value (/endrant). Will update as details become clearer.
Changes In Payouts – Cash Outs in 2020 (Prediction)
Bitcoin and other crypto currencies are becoming the fastest, easiest and safest way to deposit and withdraw at one of the legit offshore sportsbooks available to most of the USA. If you are in the US then you are going to want to get properly set up with cryptocurrency for real money online gambling.
Bitcoin makes processing payments simple for the offshore bookmakers. And the offshore bookies are where you get your best value when betting (most of the time). The offshore guys have adopted crypto in big ways.
Not only has it become the most successful deposit method (with virtually 100% of the deposits being successful compared to about 50% success using credit card) it is becoming the preferred method of cashing out.
Top Offshore Sportsbooks
In some instances it has become the only method of cashing out. One of our players recently hit a parlay at the sportsbook at Americas Cardroom (sister site to bookmaker.eu who we promote here) for a little over $1000. They could only cash out with bitcoin.
Sportsbooks are moving to crypto to process payments. It began with affiliates and is being encouraged to players. Get familiar with bitcoin as it is has changed the online gambling marketplace. You can find my short list of legit bitcoin sportsbooks here.
You do not have ‘invest in bitcoin’ to use it to gamble online with. Once you are set up with a wallet and have an account on a ‘fiat exchange’ like Coinbase or Localbitcoins you can quickly buy bitcoin, send to your wallet and then deposit at an online sportsbook without holding your money in bitcoin format.
I have a handful of bitcoin gambling guides. Check these out:
- How To Buy Bitcoin For Gambling Safely – Step by step instructions
**Have you requested a cash out recently? Please leave a comment on this page with which sportsbook, which withdrawal method and how long it took to get the money in your hands. We and the other sports bettors thank you in advance! Thanks!
The above sportsbooks are on my short list. You win, they pay. Do not bet at the slow pay / no pay sportsbooks. There are sometimes delays in payments that happen, whenever Uncle Sam decides to come after processors in a big way, but these sites have been through it before, have weathered the storm and pay out. Period.
Obviously fast cashouts are always preferable to slow ones. When your money is out of reach, it’s as if you’re making an interest-free loan to someone. If you can avoid it, allowing it to happen is a bad business decision.
Finding the best sportsbooks online is challenging – we’ve done the work for you! Check it out!
We realize how difficult it is to find the fastest-paying online sportsbooks open to USA players. Below, we’ll point you to the books we use. First, let’s take a closer look at some of the reasons you should limit your betting activity to US-friendly sportsbooks with the quickest payouts.
What’s going on here with this payout report?
I get paid every month from most of these bookies. I report on when that payment comes in. Slow pays to me mean concerns for you.
A sportsbook is only as good as it’s last payout.
Only bet at the books that have consistently paid out. I update the text up above a couple of times each week. I also keep up with payout reports from the betting forums around the web as part of my job so I update back here when necessary.
4 Reasons To Seek The Fastest Sportsbook Payouts Possible
Your reasons for wanting quick access to your money might differ than ours. Or, they might be exactly the same. The important thing to remember is that some sports betting sites pay out faster than others. And they seem to do so on a consistent basis. Unless you have compelling reasons to place wagers at slow-paying books, it’s in your interest to make a switch.
Here’s why fast cash-outs are attractive to us (see if your own reasons dovetail with those below):
Stay Ready To Move On Favorable Lines
Imagine this scenario: you place most of your bets at two or three sportsbooks you’ve become accustomed to over the years. Most of your funds are held within your accounts. You’re locked in.
One day you stumble upon a book that offers everything you like to see in a sports betting site. And it has a stellar reputation to boot. You notice that the site offers several amazing lines, and want to take advantage of them before they shift. Unfortunately, your money is tied up in your other sportsbook accounts. There’s no way to gain access to it in time to fully leverage the odds you’ve stumbled upon.
This is a dilemma you’re likely to encounter at some point. In fact, you’ll probably confront it more than once. If your money is held at a sportsbook known for processing quick withdrawals, you’ll have a better chance of taking advantage of opportunities.
Maintain Spending Flexibility
There are countless things you might want – or need – to spend money on. For example, you might want to take a small vacation with your spouse. You may want to purchase the latest iPhone. Or perhaps your child is starting college and the first tuition payment is due. From buying coveted items for yourself to enjoying experiences with your family to paying for necessities (e.g. a new roof for your home), you want to have funds available.
Now suppose most of your discretionary income is contained in your sportsbook accounts. It might take weeks for you to gain access to it. In the meantime, you may be forced to put other expenditures on hold, some of which might need to be addressed immediately.
The more quickly you can obtain your funds, the better. Here, receiving fast sportsbook payouts can be a huge benefit.
Top Offshore Sportsbooks Stocks
Keep Your Money Productive
Ideally, your money should always be working for you. Whether you’re investing in stocks, building an emergency fund, or generating profits by betting on sports, idle funds represent a waste.
You can ensure your money stays productive by shortening the time frame between requesting a withdrawal and receiving your cashout. You’ll be able to put your funds to use more quickly and (hopefully) toward profitable ends.
Enjoy Peace Of Mind
No one enjoys the thought of giving up control of their funds. It’s unsettling. The only reason most of us feel comfortable leaving a considerable sum in our checking and savings accounts is because the funds are insured. Not so with the funds you keep in your sportsbook accounts.
When the high-profile poker sites Full Tilt and PokerStars were forced to close their doors to U.S. poker players in 2011, many people found their accounts frozen. They couldn’t access their money, which, in some cases, amounted to hundreds of thousands of dollars. Those issues have since been resolved, but they reveal a risk taken by U.S. sports bettors.
When you limit your betting activity to sportsbooks with the fastest payouts, you’ll have more peace of mind. In an emergency, you’ll be able to gain access to your funds more quickly.
Fast Sportsbook Cashouts And Payout Methods
The payment method you chose is going to greatly affect he speeds with which you receive your funds. Some methods are faster than others. For example, transfers such as those sent via person to person are usually the quickest option. By contrast, choosing to receive a check in the mail is typically the slowest. With a wire transfer, your funds are available within minutes. A check may take 3 to 4 weeks to arrive.
Bank wires are also relatively quick, at least in comparison to checks. You’ll usually receive your money within 5 or 6 days. Keep in mind it could take longer depending on holidays.
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If wires take so little time compared to checks, why would anyone choose checks as their payout option? The reason involves fees. Wires tend to be expensive. If you’re in a bind and need cash quickly, paying the wire transfer fee may be worthwhile. Otherwise, it’s a very costly way to receive money that is already yours.
It’s important to note that there is often a fee to have a check sent out. But the fee is much smaller than the fee charged for a wire transfer. Moreover, depending on the circumstances, it may be waived by the sportsbook.
Even the fastest cash out sportsbooks won’t send your money to a credit card, even if you used the credit card to fund your account. Doing so is too problematic thanks to U.S. federal laws passed several years ago. (Sports bettors living in Europe are spared this inconvenience.)
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You’re going to have to really prove your identity if you’re making a first time withdrawal in the United States. A lot of sports bettors become angry when the sportsbooks from which they’re cashing out ask them to present government-issued identification (driver’s license, I.D. card, etc.).
First, this requirement is normal. Nearly all sports betting sites do it. Second, despite the inconvenience, it’s actually encouraging that sportsbooks take steps to verify the identities of those to whom they’re sending money.
You can remove unnecessary obstacles to gain quick access to your cash by having the proper documents ready to fax or email over to the sports betting site. When they ask, be ready to accommodate them.
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Where To Find Fast-Paying Sportsbooks
We’ve used the following sports betting sites with great success. Each of them has managed to process and send payouts quickly and without problems.
Bovada Sports – A veteran in the online sports betting industry. Grab a $250 free bonus with promo code 130347. Check our review
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Remember, fast payouts are always better than slow ones. If you can find the former, why accept the latter? With that in mind, we highly recommend checking out the sites we’ve listed above.
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