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Esports betting can be a lot of fun for both new and experienced punters. However, in some cases, you may have to wait a while until your receive your winnings, depending on your chosen payment method. You can avoid this by signing up to fast withdrawal esports betting sites – the best of which we have listed below!
€30 matched free bet
Up to £50 in Bet Credits
100% up to €100
50% up to €1,000
100% up to 25mBtc (aprox. €500)
5% up to €500
100% up to €50
If this is your first time betting online, you might not know how the payout process works. Here is an overview of what to expect:
Most esports betting sites will require you to prove your identity and address immediately after creating an account, with most asking for copies of official documentation. These could be your passport/driving licence, as well as a recent bank statement, utility bill, or credit card statement.
Proceed to the cashier section and select the ‘Withdraw’ option. You will be required to select your payment method and the amount you wish to withdraw, then confirm the request.
After submitting your withdrawal request, the site will then undertake a fraud check, which is a procedure aimed at preventing illicit or unapproved activity. In case of any issues, the customer support team will contact you.
After verifying your details and the authenticity of the withdrawal, your request will be activated and your funds processed.
After having been processed, your cash will appear in the account of your selected payment method. The time it takes will vary from one esports betting site to the next and will also depend on the banking option you chose.
Before you can make any sort of bet, you’ll first have to connect your preferred payment method with your betting account. This process is usually quick, and most bookies generally support more than 15 popular payment methods including Bitcoin (and sometimes other crypto), credit cards, Skrill, and PayPal.
Only when the bookie verifies your identity will you be able to make withdrawals from their site, provided you have a positive balance. In most cases, you’ll receive your money in under 24 hours, but sometimes it can take longer.
There are numerous reasons behind this – for instance, your bank may be experiencing technical issues. It could also be that the payment method you’re using requires longer waiting times, or the withdrawal process is simply slow.
Fast withdrawal times are made possible by presumably a close relationship between the bank and the bookie, or they have a special clause in their contracts that allows for quick transactions between all three parties (bank-bookie-you).
However, the semantics don’t matter much in the grand scheme of things. What matters is that punters receive their money in a timely manner, because no one enjoys waiting too long to get their hands on their winnings!
Choosing a fast withdrawal esports site is one way to ensure you get your winnings quickly, but the payment method you opt for also plays a crucial role.
Below we have outlined the best and most convenient payment options that offer the fastest payouts.
E-wallets are our top recommended payment method for fast withdrawals and the most used at same-day payout betting sites, with brands that include Skrill, PayPal, and NETELLER.
Although withdrawals from any of the above e-wallets are instant, the time taken by to complete the payout may vary depending on the site in question. However, the average time ranges from 4 hours to 24 hours. Compared to other payment options such as Visa and Mastercard, e-wallets offer much faster payouts.
Visa and Mastercard are the most popular credit/debit cards accepted by online gambling sites. They offer secure payment transactions which are processed directly to your bank account. However, they usually take between 1-5 days to be processed.
That said, the introduction of Visa Fast Funds has seen payments processed within 30 minutes to 4 hours, and is even accepted by top bookies such as Betfair.
Note: While credit cards are accepted in most countries for online betting, they were banned in 2020 by the United Kingdom Gambling Commission to curb problem gambling.
Transferring your winnings directly to the bank is another option available at instant withdrawals esports betting sites. Direct wire transfers are unpopular, though, since they take the longest time to be processed (5-10 days) and carry the heftiest fees. In the United Kingdom, certain third-party direct money transfer services, such as Citadel Instant Banking and DIRECTebanking, have managed to speed things up, so these methods may be worth looking into as long as they are accepted by your bookie.
The withdrawal time of most cryptocurrencies (such as Bitcoin) ranges from instantaneous to an hour at most, which is very convenient. While these transactions do guarantee anonymity and high levels of security, they are also highly volatile.
While you can expect the quickest payouts from the betting sites we have recommended here, there are some instances when your withdrawals may take longer to be processed. We've listed the main reasons that could cause these issues below.
This is the main factor that determines how long your withdrawals will be processed. Some of the quickest-paying betting sites often have a holding policy that requires any withdrawal request to be held for a certain duration of time before it can finally be released.
The above is just an internal review to ensure that the transaction is verified, and large withdrawals also take longer since same-day payout betting sites process these amounts manually. The holding duration also gives players time to decide if they want to proceed with the withdrawal or if they would rather continue playing with their winnings.
While you can expect instant payouts from esports sites that process instant withdrawals, the payment method you choose determines how soon you can receive your winnings. The best banking method for fast payouts are e-wallets such as Skrill and PayPal.
With these, you can expect your withdrawal to be completed within 24 hours. However, debit cards such as Visa and Mastercard can take up to 5 working days. Direct bank transfer can take up to 10 days, while withdrawals via cheques could range anywhere between 5 to 28 days.
Before any withdrawal requests can be cleared, the operator will ask you to verify your identity, your address, and your selected payment method. If there are no issues, the payment will be processed. However, your withdrawal might be delayed if:
The fastest withdrawal betting sites offer impressive bonuses for both new and existing customers, which can often boost your bankroll. However, in order to withdraw any winnings obtained using these bonus funds, you must first meet any attached wagering requirements. This is why we always stress that you check the T&Cs of any promotion you'd like to claim beforehand.
Eager to get your hands on your winnings as soon as possibe? Here are a few tips to help you hasten the process.
1. Choose the right payment method – For the quickest esports payouts, use e-wallets such as Skrill and PayPal. For esports betting sites that don’t accept these two options, you can settle for Visa and Mastercard. Cryptocurrencies such as Bitcoin also guarantee fast transactions.
2. Complete the verification process as early as possible – Before requesting any withdrawals, make sure that you verify your identity and address right after signing up.
3. Clear all wagering requirements attached to bonuses – Before claiming any promotion, check the terms and conditions beforehand to see what the wagering requirements are like. If they're reasonable enough, it shouldn't be too hard to clear them, after which you'll be able to withdraw your winnings without any further hassle.
4. Check the site's maximum and minimum limitations – Betting sites have minimum and maximum withdrawal limits which vary from one operator to the other, and could also depend on the payment method you've chosen to use.
Since withdrawal requests can take 24-48 hours to be processed, you may be tempted to reverse any requests made and place more bets instead. However, manual flushing takes this option out of your hands by ‘flushing’ funds from your account until they are transferred to your preferred withdrawal option.
This guarantees that your withdrawal request will be processed and also ensures that you will receive your winnings.
On the other hand, a reversed withdrawal allows you to cancel a withdrawal and continue betting as you like, while also allowing you to move more funds into your account without making another deposit.
Access to fast esports payouts is not the only factor you should keep in mind when choosing which bookie to register with. Below are other factors to look out for in a platform before signing up.
There is no point in having access to fast withdrawals if you have to put up with sluggish deposits. Make sure that the betting site you settle for supports your preferred payment options for both types of transactions.
Before creating an account, check the available banking options and if they are convenient for you. A betting site that offers a wide variety of payment methods, for instance, is more likely to offer options with faster payout speeds than a bookmaker with a limited choice.
This is a crucial factor when placing real-money bets since you will be sharing your personal and banking details with the site. It is therefore important to only sign up to a platform that has put in the necessary measures to ensure that your data remain confidential.
On this note, each site we've recommended on this page has implemented firewall technology to ensure that both your personal and financial details remain encrypted.
The best way of checking whether or not a certain site has a good reputation is by reading online reviews written by other punters such as yourself. If you scroll up to our list above, you'll notice that each of our recommended bookies is accompanied by an in-depth review written by our team of eagle-eyed experts, giving you everything you need to know about the site you're interested in joining.
Quality customer support is a crucial component when your money is involved. Check the available customer support channels before signing up, which should include a 24/7 live chat service, e-mail, and a phone number. This guarantees that your issues will be handled quickly and efficiently.
Unless you are only looking to bet on specific games or esports tournaments only, having a platform that offers a wide range of esports markets is crucial. All the sites we have listed above allow you to bet on all major and minor leagues and events.
With esports betting becoming increasingly popular, it’s important that punters are able to withdraw their funds as easily and quickly as possible. While this is not always possible due to several factors, we hope this guide has given you enough pointers to be able to do so.
As always, we wish you the best of luck with your betting endeavours, and remember to gamble responsibly!
Our top recommended fastest payout betting sites are Betway, bet365, Rivalry, and 1xBet.
E-wallets such as Skrill and PayPal offer the quickest payouts, and you can receive your winnings on the same day. Meanwhile, cryptocurrency withdrawals are processed within minutes. Visa and Mastercard are other recommended options.
Withdrawal fees vary among esports betting sites. Usually, however, you should not expect to incur any additional costs for fast payouts.
You can speed up your withdrawals by signing up to instant withdrawals esports betting sites, such as the ones we have listed above. Also, select payment methods that support swift transactions – scroll up to read more about the banking options we have recommended in this guide.
Certainly. The fast-payout esports betting sites that we have listed at the beginning of this guide offer same-day payouts for e-wallets and cryptocurrencies.
Through our in-depth guides and reviews, we are focused on providing the best insights into esports betting.