Sports bettors understandably want the fastest sportsbook payouts possible. Having quick access to their funds gives them flexibility. They can take advantage of great lines offered at their favorite books. They can use the money to celebrate a major win. Or, they can ensure the money is ready to move on a highly-anticipated sporting event.
Last Updated 4/3/2020 – 2020 Payouts & Cash Outs Update
- Bovada – Check payouts will take about 48 hours to get to your door once your cashout request is approved. 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 free and easy to set up a wallet to receive BTC from Bovada and they pay out promptly. Usually within hours once your account is established.
- 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.
- 5dimes – Steady payouts via crypto. Players can get a check once a month and it takes about a week. Fast BTC cashouts within a day. Their payout team will require email and voice confirmation for payout requests. The first payout goes through multiple security checks confirming the BTC withdrawal. Checks for players are sent lightning fast. Within 3 days it is in your hand.
- 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.
- Warnings – Avoid Carbon Sports due to extremely slow / no pays
2020 Sportsbook Cashout Report – Updated All Month Long
April 2020 – 4/2 – 5Dimes paid via BTC as well as GTBets. Mybookie actually finally paid from a payout due in March.
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.
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.
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:
- Top 7 Bitcoin Gambling Wallets
- BTC Sportsbooks
- 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.
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.
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.)
How To Streamline Fast Payouts From USA Sportsbooks
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.
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.
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.
Photo credits: Money