For many bettors, getting their winnings quickly is a top priority when choosing a bookmaker. Nobody wants to wait around for weeks or even months before seeing their money. Thankfully, there are now a number of reputable UK bookies that offer swift payouts through various convenient methods.
This article will provide an overview of payment options to look for and other factors that contribute to fast payouts from online bookmakers. With the right information, you can confidently pick a bookie that will get your money in your account ASAP when Lady Luck is on your side.
eWallets for Near-Instantaneous Payouts
One of the fastest ways to get your winnings is through an eWallet such as PayPal, Neteller or Skrill. These services allow you to connect an eWallet account to your bookie and then withdraw funds to the eWallet instantly.
Once the money hits your eWallet, you can transfer it on to your regular bank account or debit card in 1-3 days, or keep it in your eWallet to use for other purchases online. This makes eWallets ideal for quick access to your betting wins.
Many top bookies like BetVictor, QuinnBet and Betfred understand their popularity among punters and offer PayPal, Neteller and Skrill as standard withdrawal options. Just remember to check each bookmaker’s terms for any withdrawal fees or limits when using eWallets.
Debit Cards for Next Day Payouts
While not as rapid as eWallets, withdrawals to debit cards also allow relatively fast access to your winnings. Most bookmakers process these cashouts within 24 hours, meaning the funds will be usable in your bank account on the next business day.
This makes debit cards one of the best options for fast payouts to your regular bank account. Brands like bet365, William Hill and Ladbrokes offer this withdrawal method. Just be aware some bookies take 2-5 days to process card withdrawals.
To get money back to your account quickest, it’s advisable to use the same debit card you deposited with for withdrawals where possible. This avoids any delays from sending funds to a new card.
Bank Transfers for Free Withdrawals
If you don’t mind waiting a few days for money to reach your bank account, bank transfers offer fee-free withdrawals at many bookies. Brands such as Paddy Power, Betfred and Betway all allow punters to cash out directly to their bank with no charges.
Processing times are typically 3-5 days, slower than eWallets and cards but with the benefit of no withdrawal fees. This can make bank transfers the best option for bigger wins where eWallet or card fees would eat into your payout.
Just keep in mind some bookmakers impose longer waits of 5-10 days or more for bank transfer withdrawals, so check the small print before depositing.
| Withdrawal Method | Processing Time | Fees |
|---|---|---|
| eWallets | Very fast | Varies by bookmaker |
| Debit Cards | 24 hours | Varies by bookmaker |
| Bank Transfers | 3-5 days | Often free |
Factors That Increase Payout Speeds
Besides choosing rapid withdrawal methods like eWallets, other factors can help ensure you get your money in the fastest time possible:
- Betting site reputation – Well-known brands with lengthy track records tend to offer quicker payouts than lesser-known operators. Check reviews to find the fastest paying bookies.
- Verification – Completing the full account verification process, including ID and proof of address checks, will speed up future cashouts.
- Account history – Established accounts with a betting history tend to have fewer withdrawal delays than brand new accounts.
- Withdrawal limits – Bookmaker limits on minimum/maximum payouts can slow some withdrawals, so check the policies before betting large amounts.
- Peak periods – Withdrawal times may slow around busy sports events when bookies face more payout requests. Avoid cashing out immediately after major events.
Don’t Sacrifice Safety for Speed
While fast payouts are important, they should never come at the cost of safety. Disreputable bookies may offer quick withdrawals but have issues like rigged odds and refusal to pay out winnings.
Always check licences and regulations before joining a bookmaker. UKGC, MGA and similar licences indicate legal compliance and protections if the bookie goes bust before paying you. Avoid gambling sites with no verifiable licensing.
Ultimately there are now many major bookmakers that can reliably get your money to you within hours or days when using eWallets or cards. A bit of research into withdrawal options and policies is all it takes to find one that fits the bill.
To sum up, getting betting winnings returned quickly has become an expectation among today’s punters who are used to instant digital payments. Thankfully, the top UK bookmakers now offer a range of fast withdrawal methods like PayPal, debit cards and bank transfers.
Do some research to find bookies with a reputation for rapid payouts via your preferred withdrawal method. Take care of verification and other requirements in advance to avoid delays down the line. With the right bookmaker, you can now have your winnings in your account almost as quickly as if you’d won them in a shop rather than online.