There are different withdrawal methods of which different bookies exploit a number of them to fund the bettors after winning.
Actually, the method used by a bettor determines how fast your withdrawal will be rather than the bookie’s payment decision.
Nonetheless, some bookies intentionally delay payment (with the hope that you will soon cancel your withdrawal). Stay away from such bookmakers by using the recommended ones below.
Quickest Paying Site For Each Payment Method:
- Date Established: 1997
- Location: Gibraltar
- Contact: [email protected]
- UK Customers: YES
- UK Players Accepted: YES
- License: Malta
- Software: Kambi group
Do Some Bookies Delay Payments intentionally?
The table above should keep you abreast of necessary information on different withdrawal methods available on some online bookmaker’s sites and their respective processing times.
It’s okay to bear this in mind but some bookmakers cunningly delay the processing of fund withdrawal.
This is because some online bookies usually waste time such that withdrawals remain in “pending” for a long period before processing the transactions.
Why do Your Payments Remain in Pending for Days?
“pending” withdrawal is a form of delay tactics play by bookies to ensure that punters abort their cashout.
At the pending stage, withdrawal can be cancelled easily; just a click is needed then they have the money returned to their betting account for another stake.
To avoid a tempting reversal of your hard-earned winning, choose one of the fast paying bookies that we recommended earlier and choose the fastest withdrawal method available.
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1
Deposit €100 Bet with €200! - License: Malta United Kingdom
- Bonus: 100%
- Bonus Code: NL100
- USA Players: NO
-
2
50% Welcome Bonus up to $250
- Date Established: 2011
- Location: Quebec, Canada
- Software Provider:Proprietary
- US Customers: YES
-
3
Up to £100 Extra Winnings on your First Deposit
- UK Players Accepted: YES
- License: Malta
- Software: Kambi group
* Significant terms: New customers only. Deposit £10 min and claim in ‘my offers' 1x100% mobile in-play profit boost. Max stake £10. Max extra winnings £100. Valid for 30 days. Skrill/Neteller deposits do not qualify. 18+ Full T&Cs apply.
Which Withdrawal Methods Are Fastest?
In general, eWallets remain the fastest method of withdrawing from bookies because the processing takes a very short time. Using eWallet like Skrill, Paypal and Neteller, withdrawal takes less than 24 hours.
Debit and credit card withdrawal is the second fastest method; fund will be delivered between 48 and 72 hours.
Neteller
Deposit time: instant
Withdrawal period: up to 24 hours
Fees: bookmaker do not charge but account fees apply
Neteller is a very fast eWallet for withdrawer option available on many bookmakers’ sites. Most times it serves as intermediate wallet between the bookie and user’s bank account to ensure that withdrawal is fast enough.
Withdrawal with Neteller takes less than 12 hours for most bookmakers. But time is needed to complete the transaction and hidden charges may apply when transferring funds from Neteller to your bank account.
If you want your pay-out within 24 hours, Neteller and other eWallets are recommended.
PayPal
Deposit time: instant
Cash out time: within 24 hours
Fees: No fee applies to withdrawal. Only when you send money to another Paypal user
Paypal is the widely-used e-wallet, especially for the UK based bettors. Therefore, most of the popular bookies make available this payment option.
Deposit with Paypal is extremely fast; withdrawal is fat as well because bookies usually fund Paypal within 3 hours of application and overall process takes less than 24 hours. For this, Paypal is highly recommended.
Skrill
Deposit time: instant
Cash out time: before 24 hours
Fees: none charged by bookie but account fees may apply
Another eWallet that is generally acceptable by almost all bookies is Skrill. It works best for bettors interested in an intermediate payment platform between their bank account and their betting account.
Withdrawal with Skrill is fast, bookies disburse fund into your Skrill wallet in less than 3 hours. So, you don’t have to wait too long before getting your money. But transferring from Skrill to your bank account might be very slow.
EntroPay
Deposit time: instant
Cash out time: up to 24 hours
Fees: none charged by bookies, only account fees apply
EntroPay is a very fast payment method in which bettors use authorised prepaid card; it’s as fast as logging in to your account. Those bookmakers who accept deposit via EntroPay will automatically fund the same EntroPay account for withdrawal.
EntroPaymakes withdrawal faster and easier. Generally, it takes less than 24 hours but this method is not generally acceptable for bookies.
Paysafecard
Deposit time: instant
Cash out time: up to 24 hours (not always possible)
Fees: none charged by bookie but account fees apply
Depositing via Paysafecard takes two forms; deposit can be made either through Paysafecard prepaid voucher or directly from Paysafecard account. Using this method, you can only withdraw fund into a Paysafecard account.
Paysafecard account is similar to other eWallets; having the same processing time, withdrawals will typically take less than 24 hours.
Debit Card
Deposit time: instant
Cash out time: 1-3 days
Fees: absolutely free
Among the widely used methods of depositing and withdrawing fund from online betting accounts is the debit cards. Despite being slower than eWallets, a debit card is generally accepted by all bookmakers. For the UK debit cards, transactions complete before 48 hours but foreign debit cards may be faced with longer processing time of 3 to 5 day.
Banking clearance and other official processing make the withdrawal period a bit lengthy.
Credit Card
Deposit time: instant
Cash out time: 1-3 days (often only available up to the amount deposited)
Fees: free
The processes involved in deposing and withdrawing from bookies is the same for both debit and credit cards. And the time frame for deposit and withdrawal with both cards is the same.
Withdrawal from online betting sites with the UK credit cards takes less than 48 hour but foreign credit cards take up to 5 days.
Bank Wire
Deposit time: 2-10 banking days
Cash out time: 1-5 banking days
Fees: free
Most punters do overlook this payment option despite being offered by many bookmakers. This is probably due to delay and the associated charges.
Withdrawal into UK banks in local currency usually experience fast processing but using foreign banks and foreign currency might take up top 5 days.
Cheque
Deposit time: 5-28 banking days
Cash out time: 5-28 banking days
Fees: free
The use of cheque for funding and withdrawing from betting accounts is rare. Of all the methods available for betting transactions, it is the slowest.
After a punter makes withdrawal request online he/ she has to wait for cheque delivery via poster address. Then the punter will pay his cheque to bank for clearance. In all, the processes take up to 28 days before a successful withdrawal.
-
1
Deposit €100 Bet with €200!
- License: Malta United Kingdom
- Bonus: 100%
- Bonus Code: NL100
- USA Players: NO
-
2
50% Welcome Bonus up to $250
- Date Established: 2011
- Location: Quebec, Canada
- Software Provider:Proprietary
- US Customers: YES
-
3
Up to £100 Extra Winnings on your First Deposit
- UK Players Accepted: YES
- License: Malta
- Software: Kambi group
* Significant terms: New customers only. Deposit £10 min and claim in ‘my offers' 1x100% mobile in-play profit boost. Max stake £10. Max extra winnings £100. Valid for 30 days. Skrill/Neteller deposits do not qualify. 18+ Full T&Cs apply.