How to deposit funds at a bookmaker
Fastest-paying betting sites: best bookies for withdrawal
We take an in-depth look at the leading UK bookmakers and compare their options for quick withdrawal, from eWallets to debit cards
Withdrawing funds is a key consideration for online bettors, who want to know they can get hold of their funds swiftly and safely.
We have used every bookmaker that appears in this article, depositing funds with each and then withdrawing them using the different methods available. This is to ensure we can give a punter the best advice on which bookmaker has the fastest-paying online site and app.
Bet365 withdrawal time
Bet365 is one of the biggest bookmakers in the UK, with a large customer base who need to withdraw money on a regular basis.
The bookmaker’s quickest method of withdrawal is through a debit card and is processed in between one and three days, although for some accounts funds can be credited within two hours. Bet365 also has a number of other ways to withdraw money, such as through Paypal and Skrill, which can typically take longer than when withdrawing with a debit card.
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BetVictor withdrawal time
BetVictor is another popular UK bookmaker with punters, and it has one of the fastest methods of withdrawal thanks to the emergence of VISA Fast Funds, which allows customers to withdraw funds into their accounts in between 30 minutes and four hours.
It’s a popular service that more bookmakers are taking up, and it can be beneficial for many punters who like their funds to be paid quickly into their bank account.
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Betfair withdrawal time
Betfair’s fastest method of withdrawal is the ever reliable eWallet service of PayPal. This is typically processed in one day but can be any time between four and 24 hours, making it one of the quickest methods of withdrawal in the UK.
The online bookmaker also allows the debit card withdrawals that are processed in between one and three days.
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BoyleSports withdrawal time
BoyleSports’ fastest method of withdrawal is also through an eWallet, however the fastest way of receiving funds from your betting account is through Skrill. This is often processed in under 24 hours and is a fast and reliable way of receiving funds.
Alongside this, debit card withdrawals can also be processed through BoyleSports, making it a bookmaker suitable for many customers in the UK.
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Unibet withdrawal time
Unibet is one of the most reliable UK bookmakers and when withdrawing through Neteller or Skrill you will typically receive funds within 12 hours, which is very fast.
A debit card withdrawal from Unibet can take up to three to five days, showing the significant time difference between the two methods of withdrawal.
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Coral withdrawal time
Coral uses bank transfers as its fastest method of withdrawal, with money appearing in accounts in any time between two and four days. This is marginally slower than other bookmakers’ fastest methods but still an efficient and effective time for getting funds back into a punter’s account.
The bookmaker also allows debit card withdrawals, something that all top UK bookies need to have as one of the most common methods of withdrawing funds.
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Ladbrokes withdrawal time
Ladbrokes uses PayPal as its fastest withdrawal method, and funds can be returned to the eWallet PayPal in just six hours. This is a great and secure way of withdrawing money, and one that will be a massive positive to the punter when using the website or app.
Ladbrokes also uses debit cards as another withdrawal method, although this typically takes a couple of days longer than PayPal.
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What is the process of withdrawing your money from a bookmaker?
There are a certain number of steps it takes for a customer to withdraw their money from a bookmaker when online or using an app.
Verification of identity
First, verification is required on the account to ensure the punter in question can withdraw from the bookmaker. Some bookies will ask for this as soon as you open the account, while others will ask for it when you request to make your first withdrawal and will require a passport or driving licence plus one of a bank statement, utility bill or card statement to prove your address.
Requesting withdrawal of funds
Once a punter’s identity has been verified, they can request to withdraw funds from their betting account, and this is usually simple to do as you can choose the amount to withdraw, as well as the specific method of withdrawal.
Processing the withdrawal
The bookmaker will process your withdrawal and it can take any time up to 48 hours, with most emailing a confirmation to the customer once processed. As soon as the withdrawal has been approved, the bookmaker will transfer the funds to the payment method selected by the punter.
Which of the online withdrawal methods are the fastest and most efficient?
As mentioned for each bookmaker, there are a great variety of methods when it comes to withdrawing funds from your account.
The method of withdrawal is now one of the most popular ways of getting funds back to the customer, as well as being one of the fastest methods of withdrawal. Paypal, Skrill, Neteller and Trustly are the most popular eWallets and are often used by bookmakers around the UK to make it possible for punters to receive their funds within 24 hours of withdrawal.
Debit cards are used by pretty much every bookmaker in the UK, but in the past have not been one of the fastest methods of withdrawal. However, the emergence of Visa Fast Funds has changed this, with the time ranging from anywhere between 30 minutes and 4 hours.
Which withdrawal methods are the slowest?
Bank transfers aren’t a preferred choice if you’re looking to get your funds into your account quickly. These can often take between five and 10 days, and aren’t a popular method for customers.
This is the slowest way to claim your funds from a bookmaker as you have to first request a cheque, wait for it to arrive and then cash it in or deposit it at their local bank. The timeframe is very open and can range from anywhere between five and 28 days.
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