Best Online Sportsbook for Payouts

Are you asking yourself: what’s the best online sportsbook for payouts? Everyone knows that the books have the edge with the vig, so when we win, WE WANT OUR MONEY NOW! No BS, no hoops to jump through, or sketchy bookies playing hooky. We ain’t got time for that. Luckily for you, neither do these legal online sportsbooks. So, if you’re looking to open a new sportsbook account and want to find some speedy online betting sites to donate to 😉, read on!

Best Cash Out Betting Sites

While most betting sites in Canada prioritize quick payouts to their users, some do it better than others. Here are the best online sportsbooks for payouts in Canada, based on our own experience betting with them:

Sportsbook	Cashout Speed
bet365	24 Hours – 5 Days
BetMGM	8 Hours – 4 Days
NorthStar Bets	1 – 3 Days
BET99	24 Hours
Sports Interaction	8 Hours – 5 Days

1. bet365: Fastest Payouts

Let’s be honest: bet365 is one of the best online sportsbooks in Canada. Most online sportsbooks are good at getting your money to you promptly, but as far as fastest payout betting sites go, this operator thinks it’s Usain Bolt in the 100-meter sprint.

No matter the method, whether that be through your debit card, online banking transfers, or Interac e-Transfer, you get your money within hours. Yes, as the chart says, some methods will take longer than others, especially if you choose to go through your debit or credit cards. That’s because the bank needs to process it. Another thing to consider if you want to get paid out through a debit or credit card is if your bank allows it. Sometimes, banks will make you do a bank transfer instead of using your debit card. That’ll vary based on your bank, so if you’re in doubt, give your bank rep a quick call to ask. They’ll be able to tell you if that method of withdrawing your money is available to you a lot better than we ever could. Maybe while you’re at it, you can give them your picks for tonight’s Leafs game.

Nevertheless, we’re big fans of using Interac e-Transfer. It’s pretty quick and painless. It’s not too often your withdrawal can be almost as fast as some of your instant deposits. Many members of our team have requested withdrawals after a game finishes and have had the money in their bank accounts an hour or two later. The best thing about it is you can make multiple transactions per day. Whereas on other books, that’s not always the case.

bet365 Withdrawal Methods

Withdrawal Method	Processing Time	Minimum Withdrawal	Maximum Withdrawal
Interac	Instant to 24 hours	$10	$10,000 per transaction
InstaDebit	Up to 24 hours	$10	$20,000
Debit/Credit Card	1-4 hours	$10	$99,999,999
Bank Transfer	1-5 business days	$10	$50,000
PayPal	Up to 24 hours	$20	$12,500

2. BetMGM: Runner-Up

BetMGM has a reputation for being one of the better “sports betting fast withdrawal” sites in Canada. You might not get paid out as fast as you would on bet365 but you do get your coin pretty darn fast.

Of course, Interac e-Transfer is always the way to go in our books because it’s such a seamless process. That said, stuff does seem to move even more quickly on PayPal for whatever reason. Our team members have sometimes made a withdrawal from BetMGM and had it in their accounts within minutes. Heck, a friend said he requested his withdrawal after Steph Curry balled out and cashed the OVER on his points prop. He went outside to vape and when he came inside supposedly 10 minutes later (you never know how long it’s been when there’s THC in dat thang), there was an email saying the withdrawal went through and the money was in his PayPal account.

In addition, BetMGM allows people to use Apple Pay, which seems to be becoming more popular. We haven’t used it much, but we have spoken to people who said they did, and we were told the method works just as well as Interac e-Transfer.

One thing to note is that the review process for your first withdrawal may take three to five days to complete. It doesn’t usually take that long, but circumstances vary. Once that’s done, everything runs smoothly provided that you stick to the same method.

BetMGM Withdrawal Methods

Withdrawal Method	Processing Time	Minimum Withdrawal	Maximum Withdrawal
Interac e-Transfer	Within 8 hours	$10	$10,000 per transaction
PayPal	Within 24 hours	$10	$10,000 per transaction
Online Banking	2-4 business days	$10	$10,000 per transaction
Visa Direct	Within 24 hours	$10	$2,500 per transaction
Apple Pay	1-3 business days	$10	$5,000 per transaction

3. NorthStar Bets

NorthStar Bets has its 💩 together when it comes to fast payout online gambling sites. They review withdrawals within 24 hours and get your money to you pretty quickly. No need to sit around and wait.

Many sports bettors are usually planning their next bets after one cashes, but remember, the folks at NorthStar Bets might give you a hard time if you’re trying to take out money that you haven’t wagered. When we asked the operator why it can be so anal about these things, the operator said it’s picky because criminals could use the account to “clean money” without actually gambling it. To help facilitate such actions would be illegal. It doesn’t mean you can’t take $100 that you haven’t played through because you found a site that offers a better price, but don’t make a habit of it, or you’ll catch some flack.

Otherwise, every withdrawal is pretty smooth. As always, we prefer using Interac e-Transfer, but any method should be quick. You’ll get your money within 12-24 hours. NorthStar is good about that, which is why we always recommend the operator, especially if you like betting on the NHL or NBA.

NorthStar Bets Withdrawal Methods

Withdrawal Method	Processing Time	Minimum Withdrawal	Maximum Withdrawal
Interac e-Transfer	1-3 days	$10	Not specified
Visa	1-3 days	$10	Not specified
MasterCard	1-3 days	$10	Not specified
iDebit	1-3 days	$10	Not specified
Bank Transfer	1-3 days	$10	Not specified

4. BET99

BET99 is one of the better fast-payout betting sites that we haven’t already mentioned. The operator is pretty quick, but the payout process isn’t as fast as the others we’ve mentioned.

However, when compared to the bulk of online betting sites, BET99 is good enough to make the list. It’ll usually take the operator a day to process your withdrawal. Once it’s okayed, you get your money within a few hours.

During more eventful times in the betting calendar, it might take some extra time to get your cash, so please be aware of that. Honestly, though, it very rarely happens. In our experience, the payout speed has been right on the money.

BET99 Withdrawal Methods

Withdrawal Method	Processing Time	Minimum Withdrawal	Maximum Withdrawal
Interac	Within 24 hours	$20	$5,000 per week
Visa	Within 24 hours	$20
PayPal	Within 24 hours	$20
Bank Transfer	Within 24 hours	$20

5. Sports Interaction

Sports Interaction (SIA) has been a staple in Canada for a while now. From your first bet to your “this is my last parlay of the day” wager, SIA has you covered, even if you somehow manage to make some money. Putting in a withdrawal request is quick and easy.

Yeah, there are no withdrawal options for something like Apple Pay, but you can use all the regular options that the other books have and get the same speedy delivery. The operator doesn’t take its time to process payouts. It’ll usually be done within half a day, which we can’t complain about.

What we did find interesting is that most people seemed to like Sports Interaction’s “Online Banking” option. They told us that it’s actually pretty fast compared to the others and that it saves having to use e-Transfer, which some people aren’t the biggest fans of for whatever reason.

So, if you want to withdraw money from your betting account like it’s still 2007, the “Online Banking” option is your go-to method at SIA!

Sports Interaction Withdrawal Methods

Withdrawal Method	Processing Time	Minimum Withdrawal	Maximum Withdrawal
Visa	3-5 days	$10	$10,000
Mastercard	3-5 days	$10	$10,000
Interac e-Transfer	Up to 8 hours	$10	$10,000
Online Banking	3-5 days	$10	$10,000
Instadebit	1-3 days	$10	$3,000

Why Fast Payouts Matter in Sports Betting

Suppose you’re a person who likes to shop for reasonable prices on games. You pull money in and out of accounts on a whimper, and you don’t want to wait for your money to go through this process or that one. You just want it in your bank account or e-wallet so you can make your next bet. If you ain’t getting your money quickly, you can get very frustrated. Trust us when we say we’ve been there. Holy 💩, it PISSES US OFF. That’s why it’s better to use books that will quickly get your money back, pronto.

Fastest Withdrawal Methods

Okay, wise guy, what are the fastest withdrawal methods?

That’s a good fooking question to ask, good lad! In our research, these are the fastest withdrawal methods throughout Canada:

Interac e-Transfer

Interac e-Transfer is by far the easiest method to use and makes the withdrawal process go smoothly. Give the sportsbook the email for your Interac account, create a security question, and you’re off to the races. You’ll very seldom have to pay a fee, and you can get your money within 12 hours. That’s not bad.

PayPal

PayPal is basically an e-wallet that ensures your transaction goes smoothly without you having to give out your exact banking details to the almighty sportsbook. In most sportsbooks, you ask the book to withdraw money if they offer the method. After that, you choose the PayPal method in the withdrawal method, enter your details, and the books usually take care of the rest. Depending on how much you want to withdraw and how quick the sportsbook is about getting the request through, you can have your money within minutes.

In most cases, there are no fees to process a transaction. At least, that’s on regulated sportsbooks. If you’re using an offshore account, you may have to pay a fee to withdraw money. Situations vary. Of course, we don’t encourage using offshore books, but hey, that probably won’t stop some people.

Visa/Mastercard

Using your debit or credit card is another good way to get money quickly into your bank account. Depending on your bank and what type of card you use, this method may or may not be available to you. Nevertheless, it’s usually pretty quick to get your money. The longest you’ll usually have to wait is a day. Most of the time, there are no fees, but always check to be sure.

Bank Transfer

Ah, bank transfers. You can do them. Most of the time, they’re fast, but you’ll have to give the sportsbook all your banking details, which can scare people who are protective of their OPSEC away. That said, if you choose to use the method, you should get your money within three to five days. If you have a larger amount of money that you want to take out of your sportsbook account, this method is the best and fastest way to go.

Understanding Minimum Betting Requirements

Okay, now we will discuss the elephant in the room: minimum betting requirements. Most people forget about these when they open sportsbook accounts and get bonus funds. The thing is if you have to wager a certain amount before you can take your money out and you’re ignorant to that fact, you could be in for an unnecessary rude awakening when trying to take out your dough.

Deposit Matches

Most sportsbooks you can make an account with these days offer deposit matches. That’s where they match a certain percentage of what you deposit into the account, up to a certain dollar amount. That said, most of those have a playthrough requirement. For example, a sportsbook might say in the terms and conditions that if you want to claim this match, you’ll have to wager through it 5x before you can withdraw any of your money.

If you plan on playing through the money, come hell or high water, that wagering requirement shouldn’t be an issue. That said, if you want to bet one game and take your profit out if you win, you’ll want to make sure you opted out of the deposit match when you deposit funds into your account.

Bonus Bets

Sometimes, books will offer bonus bets. If you win money off a bonus bet, that doesn’t mean you’ll be able to take it out willy-nilly. There might be strings attached. For example, you might have to roll it over so many times, etc.

What You Should Do Before Withdrawing Funds

Now, just as much as it’s on the sportsbook to get you your money in a timely manner, it’s also on you to get your ducks in a row so the books can do their thing without having to chase you down to verify this or that.

Here are the things to do so you won’t have trouble:

Verify Your Identity

For the love of all things good, verify your identity before you even deposit funds into your account. It’s pretty simple, too, so don’t procrastinate.

The sportsbook will ask you for a few pieces of government-issued ID and maybe a bank statement. Give it to them; they’ll verify it’s legit and make sure everything is good to go. Sometimes, you might also have to verify your debit or credit card if you use it as a withdrawal method. That’s pretty quick, but you’ll need to do it. Otherwise, that method won’t be available to you.

Check Bank Information

If you’re doing bank transfers, make sure your bank account number and everything else is perfect to the tee. One typo and that money won’t go where it’s supposed to go. And if that happens, it’s on you, Chief. Not the sportsbook.

Check Playthrough Requirements

Don’t sleep on playthrough requirements; they can be a pain in the arse. READ THOSE TERMS AND CONDITIONS LIKE IT’S A PREENUP.

How to Find a Fast Payout Betting Site

Look for these things when trying to find a fast payout site:

1. Payout Processing Speed

Check out our list above! Or if you want to do your own research, look up how fast the sportsbook is. Most will say in their FAQs. Some, you’ll have to dig. If it’s fast, books will market that fact wholeheartedly.

2. Payout Fines or Withdrawal Fees

Check to see if there are any fees. If there are, that’s usually not a good sign. Nevertheless, some books have them, and it’s good to be aware.

3. Customer Service Options

You’ll want to do business with sportsbooks that have good customer service. That way, if 💩 hits the fan, you’ll be able to resolve the problem quickly and get your FOOKING money.

Final Thoughts

Hopefully, this page told you everything you wanted to know about the best online sportsbook for payouts. As always, we recommend viewing your options carefully and ensuring they meet your needs. We know it can be a pain in the arse to “do the research,” but it can save you a lot of hassle in the long run and get you better acquainted with the sportsbooks you want to use.

Fast Withdrawal Betting Sites FAQs