The best operators ensure that you 🍌receive bang for your buck to get the most out of your bets, while also offering the fastest payouts around. H🤡ere, we break down all you need to know about the process of payouts sportsbooks offer, including limits on the amount you can win or wager when betting online and how long it will take to claim your funds from a successful wager.
- 1 Best USA Betting Sites in 2024
- 2 Faster Payouts for Online Sports Betting
- 3 How Long Do Payouts Take?
- 4 What Are the Payout Limits?
- 5 Maximum Bets
- 6 Comparing Payout Limits of th💟e Biggest Sportsbooks
- 7 Maximum Payout Limits by Sport
- 8 Our Top Pick for Maximum Bets & Fast Payouts
- 9 ThePuntersPage Final Say
- 10 FAQs
Best USA Betting Sites in 2024
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Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER |
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Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER |
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Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER |
Faster Payouts for Online Sports Betting
Who likes waiting for their funds to reach their bank accounts after a successfulℱ ⛄bet?
There are different elements of the payout that you need to be aware of before choܫosing a sportsbook. You want to pick one that has a quick review process and numerous options available for withdrawaℱls —the more methods available, the better the chance of a fast payout.
All sportsbooks have a period to review your withdrawal request, especially if you’re withdrawing significant sums from your account. This us🎉ually takes a matter of hours if that, although there is a caveat that it can take a few days.
Modern payment methods allow for the quick transfer of funds from your sportsbook account into your chosen method of withdrawals. One of the best ways is now using a prepaid card or debit card from the sportsbook itself, which allows you to remove funds — more often than not — immediately c⭕ompared to a wait of up to three days using a bank card or an e-wallet. So, before signing up to a sportsbook online, check to see whether they accept this method.
Alternatively, cash at the cage is another method where you can receive your funds instantly, but not all US sportsbooks of🐈fer this service considering they need to have a brick-and-mortar venue. Even if there is a venue in your🐻 state, it might not be convenient to travel to the location anyway, so bear in mind all your options to ensure you receive your funds as quickly as possible.
How Long Do Payouts Take?
There are a great range of sportsbooks available in the United States depending on your location. If sports betting is fully regulated in your state, you should have access to the best operators, including DraftKings and FanDuel, who are rightly at the top of the field.
They excel across the board, but are widely regarded as the best payout sportsbooks around dueꦫ to the ease and speed that you can claim your funds. However, they’re not the only operators around and it would not be a coꦦmplete bookmaker payout review without looking at all the betting sites and their options for withdrawals.
| Sportsbook | Review Time | Payout Methods/Time |
|---|---|---|
| DraftKings | Up to one day | 9 methods available, instant to seven business days |
| FanDuel | Up to two days | 7 methods available, instant up to 10 business days |
| BetMGM Sportsbook | Up to five days | 9 methods available, instant up to five business days |
| Borgata | Up To one day | 9 methods available, instant up to five business days |
As you can see🐻, five of the top different sportsbooks have a different variety of methods available for withdrawals and the𝓰 speed of transaction.
All of the top sportsbooks have withdrawal revieꦫws before they can process your withdrawal, which can take between 24 and 72 hours to resolve. However, more often than not, this process is seamless and allows you to begin withdrawing your funds immediately. The majority of these operators all use Play+ cards that provide instant payouts.
DraftKings and BetMGM have the best variety of options available for users, including a range of locations in eligible states for cash at the cage. FanDuel is also extremely eff🐻ective at providing a diverse range of options, allowing customers to withdraw their funds quickly after a successful wager. Here, we offer a complete breakdown of what you can expect when using the best sportsbooks for your withdrawals online.
DraftKings Sportsbook
🔯 DraftKings has the most withdrawal methods available, with up to nine possible ways to procure your funds after a successful bet. The minimum withdrawal from this sportsbook is $1, which is fairly standard across the industry. DraftKings reviews withdrawals on a daily basis, althou꧒gh if you request it at an off-peak time, it is more likely you will have to wait 24 hours for your withdrawal to be processed.
You can withdraw your funds from Dra🍬ftKings through these following methods, depending on your location: online banking, VIP Preferred, debit card, PayPal, Cage, Venmo, Play+ Prepaid Card, checks and bank wire.
💙 Using your Play+ prepaid card is the fastest way of securing your funds online. There are also opportunities t🎃o obtain your cash from cage locations, but bear in mind that there might not be a physical venue in your state. However, there are plenty of alternatives on DraftKings, if you don’t mind waiting a short time to receive your funds.
FanDuel Sportsbook
FanDuel also has plenty of options available for fast withdrawals, offering seven methods to secure your funds online or in person. There will be 🎶a waiting time to process your withdrawal that can take up to two days, but most transactions are given the go-ahead almost immediately with this sportsbook. You can withdraw funds using online banking, PayPal, Venmo, debit card, check, FanDuel prepaid Play+, and cash at the counter.
🍬 The FanDuel prepaid Play+ and cash at the counter offer imm♕ediate payouts. Using your debit card can also be quick after your first withdrawal within 24 hours, while e-wallets can follow the same timeframe. Online banking and checks will take the longest — up to 10 days for the latter.
FanDuel has no limit on the minimu൩m withdrawal, allowing you to remove as little as $1 from your account for all payment methods.
BetMGM Sportsbook
BetMGM offers a diverse range of methods to suit all customers on its✅ sportsbook. It does have a review process for all withdrawals that can take up to five days. You can withdraw your funds using the following methods online: BetMGM Play+ prepaid card, Visa, Mastercard, PayPal, VIP Preferred, instant banking, online banking, check, and also through the cash at the cage in specific locations.
Your Play+ prepaid card, PayPal and Visa, using fast funds, will allow you to claim your funds within 24 hours, although most transactions are completed within 30 minutes. Other methods will take days to complete, including check, which takes the longest time as it requires being sent by mail. BetMGM Sportsbook also requests a minimum withdrawal of at least $20 from your account.
Borgata Sportsbook
Borgata uses the same engine as BetMGM Sportsbook, so you can expect the same level of service from 🍒its betting site. Its review process for withdrawals can t✃ake up to five days, although the majority are processed within 24 hours.
You can use a Play+ prepaid card, Visa, Mastercaꦿrd, PayPal, VIP Preferred, instant banking, online banking, check, as well as the in-person locations in New Jersey, Michigan, Maryland, Mississippi and Ohio.
You can receive your funds within 24 hours using your Play+ prepaid card, PayPal and fast-funds Visa. It follows the same pattern as BetMGM if you wish to receive your funds by check, which can take up to seven days. Borgata Sportsbook has a minimum withdrawal of at least $10 from your account, although i꧋๊t can differ depending on the payment method used online.
What Are the Payout Limits?
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All sportsbooks have limits on the maximum amount you can win on a sports bet. These will differ based on the sport and league you are wagering on, although all sportsbooks have a final line where they will not pay out over a certain amount. It is standard practice💖 across the industry to limit how much one customer can win from one wager.
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To a degree, it protects the interests of the sportsbooks to limit their payouts. However, these maximum payouts are only going to occur on a limited basis for bettors placing season bets. It also offers protection against 🔴those bettors that are comfortable placing down significant wager amounts, specifically around major events such as the Super Bowl and the NBA🙈 Finals.
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The limits are not small sums of money and can reach a high threshold above $1,000,000 and even more in rare cases. It allows those that wish to wager significant wager amounts the chance to bet on NFL and NBA games, although it does carry more of a risk. For those sportsbooks that wish to cater for high-rollers, it is an intriguing element to promote, particularly for those major sportiꦐng events.
Maximum Bets
There is a maximum amount you can place on a single wager with the leading sportsbooks. Fortunately, all of the top operators that we reviewed don’t have definitive parameters for online wagers; instead, customers will find the maximum wager amount when they enter their bet slip. If the wager amount entered exceeds the maximum bet, then the wager will not b☂e processed by the sportsbook. DraftKings suggests on its sportsbook that they will accept wagers up to $500,000 for certain markets.
There are certain bets to watch out for when wagering online with the top sportsbooks. Certain promotional wagers will have limits. These include odds boosts, where the sportsbook improves the value of your odd🤡s, but will limit your wager amount. These are common for wagers on facets of a game that are very likely to occur, such as Giannis Antetokounmpo 20-point game or a two-touchdown outing from Patrick Mahomes.
Comparing Payout Limits of the Biggest Sportsbooks
Here are the maximum payouts of five of the le꧙ading sportsbooks av♓ailable in the United States.
| Sportsbook | Max Payout |
|---|---|
| DraftKings | $1,000,000 |
| FanDuel | $1,000,000 |
| BetMGM Sportsbook | N/A |
| Borgata Sportsbook | N/A |
BetMGM and Borgata have no specific maximum payout on their respective sportsbooks. Rather, the max payout is restricted by the maximum wager amount you can place on a single bet. If your wager amount combined with the odds of the market exceeds the threshold t▨hat the two sportsbooks are willing to pay out, youꦺr bet will not be accepted.
💯 This is very much on a case by case basis, and some markets will have different regulations compared to others. Bets on the NBA and NFL, for instance, will have larger payouts available than niche sports. It allows bettors to make significant bets on events such as the NBA Finals and Super Bowl.
DraftKings and FanDuel all offer the same standard of payout from their respective sportsbook. It is still compelling enoug🃏h to lure in high-rollers and allow those dreaming of a huge win to become a millionaire.
You’ll have🅘 to do well to trouble this level of payoutꦐ from the sportsbook. However, it’s still a good point of reference for bettors to see the rewards on offer from different operators.
Maximum Payout Limits by Sport
Here 🍃are the maximum payouts you can expect when betting on the top sports in the United States with the leading sportsbooks:
NFL
| Sportsbook | Payout |
|---|---|
| DraftKings | $1,000,000 |
| FanDuel | $1,000,000 |
| BetMGM | N/A |
| Borgata | N/A |
NBA
| Sportsbook | Payout |
|---|---|
| DraftKings | $1,000,000 |
| FanDuel | $1,000,000 |
| BetMGM | N/A |
| Borgata | N/A |
MLB
| Sportsbook | Payout |
|---|---|
| DraftKings | $1,000,000 |
| FanDuel | $1,000,000 |
| BetMGM | N/A |
| Borgata | N/A |
NHL
| Sportsbook | Payout |
|---|---|
| DraftKings | $250,000 |
| FanDuel | $1,000,000 |
| BetMGM | N/A |
| Borgata | N/A |
Soccer
| Sportsbook | Payout |
|---|---|
| DraftKings | $500,000 |
| FanDuel | $1,000,000 |
| BetMGM | N/A |
| Borgata | N/A |
Golf
| Sportsbook | Payout |
|---|---|
| DraftKings | $250,000 |
| FanDuel | $1,000,000 |
| BetMGM | N/A |
| Borgata | N/A |
MMA/Boxing
| Sportsbook | Payout |
|---|---|
| DraftKings | $100,000 |
| FanDuel | $1,000,000 |
| BetMGM | N/A |
| Borgata | N/A |
Tennis
| Sportsbook | Payout |
|---|---|
| DraftKings | $150,000 |
| FanDuel | $1,000,000 |
| BetMGM | N/A |
| Borgata | N/A |
FanDuel offers the best payout🐷s — a consistent $1,000,000 for all sports across the board on its sportsbook, including those that are not as mainstream as the NFL 🌜and NBA.
So, if you like wagering on tennis and golf, you can still get the maximum payout. DraftKings is surprising in the fact that is differs fromꦅ FanDuel in offering lesser payouts for golf, tennis and soccer. Given the level of coverage that DraftKings dedicates towards these options, you would expect them to match FanDuel, but their payouts reduce drastically especially for golf and tennis.
BetMGM and Borgata don’t have a maximum payout on any of their sports. Instead, they limit the payout available by controlling your wager🍰 amount. It all depends on the discretion of their traders on how much you can win on your bets, but expect greater payouts on the NFL and NBA rather than tennis and golf.
Our Top Pick for Maximum Bets & Fast Payouts
All of the leading sportsbooks offers quick payouts and a range of impressive features, allowing you to bet online with🐲 significant sums if you wish. FanD💮uel stands out due to its overall coverage, giving customers the chance to secure their funds quickly after a successful bet through several payment methods.
FanDuel promises to complete its review process within 48 hours before returning your funds into your chosen account online or through cash at its brick-and-mortar venues. There is no minimum withdrawal amount required wi🐻th FanDuel, allowing you to withdraw as li🌼ttle as $1 from your account online.
FanDuel also excels in the range of its maximum bets and payouts. Maximum bets are controlled by its traders, ensuring that there is no blanket rule for all markets, giving vital flexibility to bettors online. FanDuel offers consistency with ✱its max payouts, ensuring that all sports receive the same payout level, even those that are not mainstream options.
ThePuntersPage Final Say
There are numerous sportsbooks available in the United States to receive fast payouts online, each offering their own strengths and weaknesses. Therefore, be sure to fully read our guide again before selecting the sportsbook that matches what you’re looking for to secure your funds quickly and effectively after 🀅winning a bet.
FAQs
The best sportsbooks ꦚin the United States have no blanket limit on betting on sports. Traders will limit individual markets on a cౠase by case basis.
FanDuel and DraftKings offer the biggest payout for the leading spor🙈ts, offering users up to $1,000,000 for successful w๊agers.
DraftKings and FanDuel provide the fastest payouts on🧸line, processing withdrawals within 48 hours of your request.
There are up to nine payment m♋ethods available from DraftKings and BetMGM Sportsbook, including cash at the cage.
Using Prepaid Play+ Car🤪d is the fastest way to withdraw your funds from online ๊sportsbooks.