Funding an online betting account is quick and easy, and playing and betting on your favourite sports is exciting, especially when you’re 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the hassle of meeting wagering requirements, you then often have to wait days to get your hands on the money you’ve withdrawn from a sportsbook.
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It seems like gambling sites have been listening to the complaints of many bettors and are now acting to ensure there are faster withdrawal payments.
More top UK betting sites feature withdrawal methods where your funds are processed and sent to you within a day or even less. In this article, I’ll show you the best betting sites with lightning-fast withdrawals, ensuring you can enjoy your winnings without the unnecessary wait.
Best fast withdrawal betting sites in the UK
How I test the fastest withdrawal bookmakers
In my experience, the elements that make up a good sportsbook are trustworthiness, security, sports variety, promotions, payment options, customer support, selection of football betting markets, and of course, withdrawal speed. I’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?
I tested the speed of each bookmaker by checking the list of their supported payment methods first. I 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 them and send them to you. Yet the sportsbooks I’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.
I’ve tested this by checking if when making a Google Pay, Trustly, PayPal and other fast e-wallet withdrawals to see if they’ll reflect within a day. The fast withdrawal betting sites listed here live up to this option.
My favourite betting sites for fast withdrawals
Spreadex – Has many speedy payment options, including PayPal and ecoPayz.
Parimatch – Offers a FastFunds feature that enables withdrawals to enter a player’s account within 30 minutes.
kwiff – Most withdrawals are processed instantly and paid out within 15 minutes.
The bookies with the fastest withdrawal times
1. Spreadex
Spreadex highlights
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
2. Parimatch
Parimatch highlights
FastFunds withdrawals (available to Visa users) can be processed within 30 minutes
PayPal withdrawals are approved within 24 hours
3. kwiff
kwiff highlights
PayPal is processed within 4-24 hours
Rapid Transfers are instant
4. Unibet
Unibet highlights
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
5. bet365
bet365 highlights
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
6. BetUK
BetUK highlights
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
7. MrMega
MrMega highlights
Rapid Transfers are processed within 3 hours
PayPay, Skrill and Neteller are also available but are processed within 38 hours
8. William Hill
William Hill highlights
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
9. talkSPORT BET
talkSPORT BET highlights
Visa withdrawals can reach a player’s account within 30 minutes of approval with FastFunds
10. Betway
Betway highlights
E-wallet withdrawals are processed in 2-24 hours
Visa Direct transactions can allow debit card withdrawals to reach bank accounts within 12 hours
What are the best payment methods for fast withdrawals?
Fast withdrawal payment methods have been a long-standing desire among bettors, myself included, when it comes to the best 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)
In my experience, 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.
Cryptocurrencies
Since their introduction to gambling sites, withdrawing your funds through crypto meant having them reflected in your wallet instantly. Cryptocurrencies including Bitcoin, Ethereum and Litecoin are some that you’re most likely to come across on betting sites.
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
Bank transfer or bank wire 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 10 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.
Found a fast withdrawal site you like? Use the bet calculator to figure out if the offer is worth your time!
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 licence. 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, Skrill or Visa Direct. These are usually processed within a day on top UK betting sites.
Final verdict on fast withdrawal betting sites
Nowadays, there are several fast and safe betting sites in the UK that bettors can take advantage of. E-wallets and cryptocurrencies have always been known to be the faster payment option, but banks are now rethinking their offerings and joining in with fast withdrawals.
When looking for a payment option that processes withdrawals within a day or less, you won’t only find e-wallets and cryptos, but there are also Rapid Transfers such as Visa Direct, which can be processed within 4 hours. Crypto withdrawals are instant, while most e-wallets vary between instant, 4 hours, 8 hours or 24 hours. Please don’t settle for a site that cannot process your withdrawal within a day; there’s plenty out there which will cater to your needs.
Commercial content notice: Taking one of the bookmaker offers featured in this article may result in a payment to talkSPORT. 18+. T&Cs apply. GambleAware.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
GambleAware – www.gambleaware.org
Find our detailed guide on responsible gambling practices here.
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.
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