The UK's Best Fast Withdrawal Betting Sites - 2022

Fast Payouts in a Nutshell

If you’re looking to access your betting funds quickly, there are a number of banking methods that can give you your cash in a matter of hours. These are predominately e-wallets, like PayPal, Skrill and Neteller. When you withdraw your funds using an e-wallet your cash will be accessible from your e-wallet account, but if you want those funds in your personal bank account then you will have to move them across separately. There are also certain services provided by card companies, such as Visa Fast Funds, which give customers their funds just as quickly, if not more so. 

Fast Withdrawal Betting Bonuses

Claiming a bonus is a fantastic way to kick off your time at an instant withdrawal betting site. Betting bonuses come in a variety of flavours — below, we’ve outlined some of the most common.

Matched Deposits

Fancy boosting your bankroll before you even make your first bet? A matched deposit literally matches the amount of your deposit by a certain percentage, giving you bonus credit to place bets with. An example offer could be ‘100% deposit match up to £50’. Deposit £50 and you’ll get another £50 in bonus credit. That means you can effectively place £50 of bets for free, but still have a chance of picking up a profit.

This bonus credit is segregated from your real money balance and can’t usually be withdrawn until you’ve met any wagering requirements or used it to place bets. It might be subject to limitations like market restrictions or minimum odds. And watch out for time limits too — fail to use your matched deposit before it expires and you’ll forfeit any remaining portion. 

Free Bets

It might seem obvious, but free bets are a bonus that lets you place wagers without using real money. They come in all shapes and sizes, from smaller £5 free bets up to £20 tokens or larger. Some free bet offers for larger amounts are split up into several smaller bets. 

How do you unlock a free bet? There are several ways:

• No deposit free bets are given as soon as you sign up.
• Deposit free bets are awarded once you make a qualifying deposit. 
• Bet X Get Y deals give you a free bet once you make a minimum wager.
• Promo code free bets are added to your account once you enter a bonus code.

There might be a few stringent T&Cs on how you use your free bet. For example, it may only be valid for certain markets or come with a min odds requirement. In-play betting may be excluded, and wagers placed with free bets may be ineligible for early cash out. The stake generally isn’t returned if you win, but the profit is paid as real cash you can withdraw — once you’ve met any wagering requirements, of course. 

Free Spins

At fast withdrawal betting sites with an online casino, you might be offered a free spins bonus. This lets you spin the reels of the casino’s slots at no cost, but with the possibility of some real money wins. Generally speaking, your free spins will be valid for one or two select slot games. Starburst and Book of Dead are two common choices. How many will you get? We’ve seen offers from just 10 free spins up to a whopping 1,000. 

With any casino bonus, it’s worth keeping in mind the wagering requirements are usually much higher than with a betting bonus. They’re calculated based on how much you win from the free spins. 35x wagering is considered the middle ground here. Say you won £10 from free spins with 35x requirements — you’d have to bet £350 of your own money to withdraw your bonus.

Fast Withdrawal Banking Methods

There’s no universal fastest payment method at online betting sites. Different bookies feature varying speeds for their supported payment methods. However, a common theme is e-wallets offering some of the fastest withdrawal times. These online banking services allow you to deposit your money instantly and in some cases, let you withdraw your funds in as little as 24 hours, making them some of the fastest paying methods available. 

Reasons for Withdrawal Delays

Fast withdrawal betting sites are popular for a reason, but why is it that some sites are slower than others? Delays can be caused by a few different reasons, but one of the main factors affecting speed is the casino’s processing time. Before your funds can be delivered to you by your bank or digital wallet, the betting site has to process the payment. The fastest withdrawal betting sites can do this instantly, but many will take up to 24 hours.

Know Your Customer (KYC) checks used to be a major factor in delaying withdrawals, but this process now has to be completed before punters can deposit in the first place. However, there may be other verification checks that need to be completed before a casino will give the green light to a withdrawal, particularly if it’s a large amount being cashed out.

A withdrawal can also be delayed if you have bonuses that are still currently active. In order to convert bonus funds into withdrawable cash, you’ll often need to fulfil wagering requirements so be sure to check the T&Cs to find out what’s required before opting into an offer.

Finally, if a site states that the payout speed of a particular service is two days, this will usually refer to banking days. So, if you request a withdrawal on a Friday, the weekend won’t count towards these days, and your two days will continue on the Monday and into Tuesday.

Slow Withdrawal Methods

We’ve already highlighted the quickest options found at fast withdrawal betting sites, but there are a few other ways to cash out your balance. Below are some of the slower payout methods available. If receiving your money quickly is a particular priority, we suggest avoiding these means of payment. 

Bank Transfers

Although not often utilised by punters, most are familiar with the humble bank transfer. Requesting a withdrawal via this method is reasonably simple. You’ll need your bank account number and sort code, which must be entered during the withdrawal process. Then, choose the amount to withdraw and confirm. Bank transfers typically take around 5–7 business days to reach your account, putting them pretty much at the bottom of the rankings when it comes to withdrawal speed. 

Which begs the question, why use them? While we’re certain there’s a minority of bettors who opt to use bank transfers out of familiarity, the main reason is the high withdrawal limit. If you have a particularly large gambling budget, this may be a solid option for withdrawals in excess of £10,000. Of course, there will also be bettors who strike lucky with a ten-leg accumulator, netting a vast prize. In this instance, a bank transfer may be the only way to withdraw your winnings in one go.

One more thing to keep in mind with bank transfers — there’s sometimes a flat or percentage fee attached to the transaction. Considering most fast withdrawal payment methods are free to use, this will be the final nail in the coffin of bank transfers for the majority of customers. 

Debit Cards

Debit cards are still one of the most popular deposit and payout methods at fast withdrawal betting sites. Despite this, speed is not their forte — it’s their ubiquity that places them at the top. Nearly everyone owns a debit card and using it for online purchases is second nature. And there’s no need to sign up for any additional accounts, unlike e-wallets. 

Deposits and withdrawals with debit cards are both carried out in the same way. First, you’ll need to enter your 16-digit card number, expiry date, and CVC. Then, enter the amount and confirm the transaction and you’re done. While deposits are instant, payouts via debit card usually take around 3–5 days to land in your bank account. The exception to this is Visa Fast Funds, which can take mere hours — although it’s not available everywhere and Mastercard customers are out of luck.

So, why use a debit card? Simplicity is the main reason, but some sites may use a closed-loop system that ties you into withdrawing via the same method you made your deposit with. That means if you topped up your betting wallet with a debit card — say, in order to claim a welcome bonus — you’ll have to withdraw back to it later.

Cheques and eChecks

If you’re really looking to keep things old-school, some fast withdrawal betting sites let you request a cheque to be sent in the post. The availability of this method is few and far between, and it’s unlikely to be an option at even the best betting sites. Once you’ve confirmed a payout via cheque, the betting site will process the request and pop your cheque in the post. Once it’s delivered, you can cash it at the bank or via your online banking app. It’s hard to give an estimate on how long this whole process will take — likely at least a week or two. 

eChecks are a digital alternative to paper cheques. They’re much faster as there’s no need to faff around with a physical copy. On the surface, they function much like a standard bank transfer. eChecks are rarely available at UK betting sites and are more popular in America.

How We Review and Rank Fast Payout Betting Sites

The UK’s fast withdrawal betting sites aren’t all created equally. Here are the factors we look at to separate the wheat from the chaff and recommend the best fast payout betting sites available.

Licensing

You won’t find a site listed here if it doesn’t have a valid UKGC licence. The UK Gambling Commission sets high standards for betting operators, ensuring players are provisioned with top-drawer security features, fair odds and games, responsible gambling-focused limiters, responsive customer service, and more. You should never place a bet at an unlicensed betting site; if you do, there are no guarantees that the site will honour successful bets, that your personal data will be secure, or that any help will be available if something goes wrong.

Payout Speed

The all-important factor in a fast withdrawal betting site, beyond a valid licence, is its payout speed. Generally, anything inside 48 hours can be considered a fast payout, but the very best sites will deliver your cash within 24 hours, or even immediately. If you’ve chosen a payment option that facilitates fast withdrawals, and you’ve completed the Know Your Customer (KYC) process, it’s up to the betting site in question to throw the resources behind processing your payment as quickly as possible. This varies between sites, and it’s something we always assess when reviewing and recommending the best fast withdrawal betting sites.

Site Design

Looks are only skin-deep, but it’s always nice to play at a well-designed betting site. Theming and layout are important, but filtering and search options ought to be thorough and easy to use as well. Fast withdrawal betting sites with live odds trackers, live streaming, interesting loyalty systems, and responsive functions all win points in this phase of our reviews.

Payment Options

There’s a ton of payment options available to online bettors and it’s always better to have as many payment methods available as possible. Fast withdrawal payment options like PayPal, Trustly, Visa Fast Funds, AstroPay, and Skrill are all must-haves in our book, and some sites even go as far as to offer cryptocurrency options as well. Beyond fast payout methods, it’s also good to see the likes of Paysafecard, Boku, and PayByPhone on a betting site’s roster.

Betting Options

In short, the more markets, the better. The very best fast withdrawal sportsbooks will have every sport under the sun accounted for, from football and rugby to lacrosse and esports. There are also plenty of non-sport options in the betting world, such as politics, reality TV, and award show markets, so it’s always a plus if a betting site features these as well. Within those options, we also like to see a broad range of betting options. Essentially, if there’s a potential outcome within a market, no matter how niche, we want to see it represented.

Bonuses

Welcome bonuses and ongoing promotions are part and parcel of the online betting experience, and each fast withdrawal betting site will have its own take on rewarding new and existing players. Generally speaking, the bigger the bonus, the stiffer the terms and conditions; we take both size and restrictions into account to weigh up which bonuses offer the best value to UK bettors. Free bets, matched deposits, casino bonuses, cashback, and acca insurance are mainstays in this bracket, and a wide range of options is always a positive.

Mobile

It goes without saying that many bettors place their wagers on the go, and it’s vital for UK sportsbooks to offer a mobile site that is responsive, fully functional, and easy to navigate. Many of the best fast withdrawal sportsbooks go a step further and launch their own smartphone and tablet apps. In these cases, we assess whether the betting apps are available on both Android and iOS, how well they function on common devices, how regularly they’re updated, how well-designed and functional they are, and whether the sportsbook rewards mobile bettors with exclusive promos.

Customer Support

We hope you never have need to speak to customer support, but if an issue arises it’s essential that the betting site’s team is on-hand to answer and resolve any queries. Having an array of contact options is always good, such as live chat, phone lines, SMS, and email, but availability is king. 24/7 support available seven days a week is rapidly becoming an industry standard, and it’s something we look out for when reviewing fast withdrawal betting sites.

How to Make a Withdrawal

Whether you’ve won a few bets and want to get your hands on your winnings, or if you would simply rather just have your cash back in your possession, you’re going to want to know how to withdraw your money from a quick payout bookmaker. So let’s run through how you can make a quick withdrawal. 

Withdrawal Processing Times 

E-wallets are often the quickest available banking methods when it comes to payouts, but they can still be subject to the processing times of individual sportsbooks. This means that there will be some variation in fast payout times depending on which betting site you use. Bookies such as Bet365 Ladbrokes are two of the quickest, with PayPal withdrawal times processed within a maximum of 24 hours. 

Other Fast Withdrawal Banking Methods 

E-wallets are not the only banking methods or services available to punters, with a selection of other options customers can also use to withdraw their cash.

Debit Cards 

Debit cards are the traditional banking method when it comes to online gambling, with cards from a variety of different providers accepted at almost every online betting site. Deposits are usually instant and your personal information will be protected by your bank’s own encryption software. Payouts made with debit cards are a bit slower, however, with it taking up five working days sometimes for your money to appear in your account. The five-day wait is the worst-case scenario, however, as the typical time frame for debit withdrawals is three to five working days, with some withdrawals even taking as little as 24 hours to process. 

Visa Fast Funds

If your debit card is provided by Visa and issued by one of the UK’s major banks, then you should be eligible for the Fast Funds service. Fast Funds delivers your funds in as little as four hours if you’re playing at bookmakers such as Ladbrokes and Coral, for example. If you are eligible, then you should see the Visa Fast Funds logo on the cashier page when making a withdrawal, which will be a stopwatch next to your card number. 

Fast Payouts on Mobile

Looking to place your bets on the go? You’ll get access to all the same markets, bonuses and promos, whether you’re betting on desktop or your mobile device. You’ll also be able to deposit funds or make a withdrawal on the go. Virtually every sportsbook offers a mobile-optimised website, but the best bookies also have a native app you can download on your phone’s app store. The two options aren’t all that different and often look identical, but with push notifications and quick access to your favourite markets, we think native apps are the best option.

Best Fast Withdrawal Betting Site Apps

So, we’ve established that when it comes to using fast withdrawal betting sites on your mobile, a downloadable app is your best option. The good news is, there are plenty of online bookmakers with great apps that also offer some of the fastest payouts in the business — check out a few of our top picks below that are available for both iOS and Android devices.

Fast Withdrawals at World Cup Betting Sites

Arguably the most high profile tournament in the sport of football — the World Cup — is set to begin on 20 November 2022. Hosted in Qatar, the contest will see 32 teams from around the globe battle it out to be number one. With England tipped third to lift the trophy by the bookies, it’s set to be a nail-biting affair.

If you’re planning to bet on the 2022 World Cup, fast withdrawals might be a priority for you. With so many matches taking place in a short span of time, speedy access to your bankroll will be important. Bet settled and looking to cash it out so you can place one at another sportsbook with favourable odds? Fast withdrawal sites with World Cup betting will return your funds in a timely manner, ready to to deposit in time for the next match — or just to keep for yourself!

Know Your Customer (KYC)

In order to protect gamblers and mitigate the risk of fraud and money laundering, all casinos and betting sites must complete what are called Know Your Customer checks, often referred to as KYC. This is to make sure you’re of legal gambling age, that you are who you say you are, and that you’re not on any gambling exclusion registers. It’s part of the UKGC’s licensing requirements so you’ll find these KYC checks at all our recommended casinos.

Why do they matter for fast withdrawals? Well, you’ll have to have completed them in order to receive your cash. There are usually three levels of KYC:

1. Electronic Verification – this is the most basic type of KYC and is often completed during the sign-up process. It’s generally automatic and you won’t need to take any extra steps.
2. Document Verification – if the electronic verification fails or extra information is needed to confirm your identity, you may be asked to provide certain documents such as photo ID, proof of address, or a copy of your debit card with the middle numbers covered.
3. Enhanced Verification – this is the deepest level of Know Your Customer check and is used to verify the player’s source of funds, whether for affordability reasons or to ensure the money is legitimate. If you’re asked to complete this type of KYC, you may need to provide payslips, proof of savings, or other financial documents.

Often, you won’t even be able to play at a casino or sportsbook until these checks are completed. If the site does need any extra information, you’ll likely be notified via your account or associated email address. In any case, be sure to complete all required steps or your withdrawal could be held at a red light!

Fast Withdrawals with Open Banking

Open Banking is a technology leveraged by many financial services today. Essentially, it allows developers to use APIs — application programming interfaces — to build apps and services that connect with your bank account. As Open Banking gives the payment provider rich identifying information about the user, it’s highly secure so the usual checks and balances can be bypassed. The result? Faster withdrawals for the end user.

Trustly is one example of a payment method that uses Open Banking. When you log in with your online banking credentials, Trustly receives certain information about you which is used to facilitate the betting site transaction. It’s this technology that makes Trustly’s Pay N Play service possible — found at casinos with Trustly like Race Casino — where you don’t even need to register for an account at the betting site! Instead, you’re identified by the information provided by Trustly. Once you’re ready to cash out, any remaining balance is instantly returned to your bank account.

Of course, services that use Open Banking may require deeper access to personal information, so we recommend reading through any requirements to be sure you’re happy with what you’ll be sharing.

Fast Payouts at New Betting Sites

It’s not only the established names of the sports betting industry that can offer bettors fast payout times. There are plenty of newer sportsbooks that let punters access their cash in a matter of hours. Mr Play, Betiton and 10bet, for example, give e-wallet users the opportunity to claim their funds in as little as 48 hours. Plus, with newer sites often featuring player-friendly bonuses with minimal wagering requirements, rapid payout times are just the icing on the cake. 

Ready to Play? 

Now that you’ve got the lowdown on the quick withdrawal payment processors, the only thing left for you to do is to select a betting site from our list of top sportsbooks, sign up and claim your welcome bonus! 

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1. gamblingcomission.gov.uk – ‘Gambling on credit cards to be banned from April 2020’