Top 3 US Sportsbooks for Payouts & Withdrawals
Gambla joined and had a chance to bet on an array of US sportsbooks, only to find out that it’s a competitive market. Yet, some of them managed to stand out from the pack.
- DraftKings
- FanDuel
- WynnBET
How the Gambla Team Reviews US Online Sportsbooks
Let’s look at what we paid attention to when picking the best US sportsbooks for withdrawals.
Licenses and Security
First, Gambla checks whether the online sportsbook is licensed and regulated by a reputable authority. These include state gaming commissions or the federal government.
This ensures that the sportsbook operates in the jurisdiction where it’s licensed. All gambling commissions from all featured betting sites on Gambla are in the US. Simply put, you won’t find any unlicensed or offshore-licensed platforms.
The Gambla.com team also looks at the security measures the sportsbook has in place. Of course, betting sites need to do their best to protect your personal and financial information. So, we only recommend online sportsbooks that use proper encryption tech. Moreover, we check that there’s firewall protection, along with secure payment methods.
Deposits and Withdrawals
The next thing we look at is how easy and convenient it is to deposit and withdraw money from the online sportsbook. The Gambla team tests the variety of payment options that the sportsbook offers. Popular options are credit cards, debit cards, e-wallets, bank transfers, cryptocurrencies, and more. Moreover, we also check the speed, fees, limits, and reliability of the transactions.
Gambla.com only recommends online sportsbooks that process deposits and withdrawals quickly and safely. We also pay attention that there are no hidden charges.
Odds Competitiveness
Next, Gambla.com checks how competitive the odds are that the online sportsbook offers.
We compare the odds across different sportsbooks to see which offers the best value for your money. Moreover, we also check how often the odds are updated and how responsive they are to changes in events.
Gambla focuses on online sportsbooks offering fair and attractive odds on sports and events.
Available Sports and Betting Markets
Gambla checks the diversity and quality of the sports and betting markets that online sportsbooks offer.
We review the variety of sports you can bet on. For instance, we examine football, basketball, baseball, etc., to see how covered they are. We also assess the depth and breadth of the betting markets you can choose from. In most cases, you should find moneyline, point spread, totals, futures, parlays, and more.
The Gambla team examines the quality and quantity of bonuses. We analyze betting bonuses, reload bonuses, free bets, cashback offers, and more. Moreover, we review loyalty programs and other benefits for new and existing customers.
Our team also checks the terms and conditions of these bonuses and promotions to see how easy or difficult they are to claim and use.
All recommended online sportsbooks on Gambla offer lucrative and realistic bonuses and promotions.
Customer Support
At Gambla, we follow a strict customer support testing procedure. First, we test the availability and accessibility of the customer support team via different channels. To do that, we call them on the phone and email them. In many cases, we use the live chat feature or even get in touch via social media. We also test the responsiveness and friendliness of the customer support agents who handle our queries and issues.
These are the six factors that the Gambla team uses to review US online sportsbooks. Using these criteria, we aim to provide you with honest and unbiased reviews to help you find the best online sportsbooks for your betting needs.
DraftKings Sportsbook – Get Cash at the Cage
DraftKings is one of the most popular and trusted online sports betting platforms in the US. It offers a wide range of sports and betting markets, as well as generous bonuses and promotions for new and existing customers.
Security and Licenses
DraftKings Sportsbook is a safe and secure platform for online sports betting. It is licensed and regulated by the relevant authorities in each state where it operates (currently licensed in 21 states as a sportsbook). Moreover, it uses advanced encryption technology to protect its users’ personal and financial information.
The popular US sportsbook adheres to responsible gambling practices. Moreover, it provides tools and resources to help customers manage their betting activity.
Available Sports and Betting Markets
DraftKings is considered the most popular sportsbook in the US for a reason. It features a comprehensive selection of sports and betting markets, from the major US sports leagues to niche sports. In other words, apart from US-domestic leagues, such as the NFL, NBA, MLB, NHL, and more, you can bet on many international events. This includes various leagues for sports like soccer, tennis, golf, cricket, rugby, and more.
You can get a 20% match bonus up to $1,000. The bonus has a 25x wagering requirement and expires after 90 days. The welcome bonuses are changed sometimes, so check the promotions page on the DraftKings platform to learn about the latest offers.
DraftKings Sportsbook also has regular promotions for existing customers. Some of these include odds boosts, parlay insurance, refer-a-friend rewards, a loyalty program, and more.
Payments
DraftKings Sportsbook supports a variety of payment methods for deposits and withdrawals. You can use credit cards, debit cards, PayPal, online banking, prepaid cards, e-checks, cash at the casino cage, and more. The lowest deposit amount is $5, and the highest limit depends on your payment method and verification level.
The lowest withdrawal amount is $20, and the largest amount depends on several factors. The processing time for withdrawals varies from 2 to 10 business days.
Customer Support
Apart from helpful FAQs and Help pages, DraftKings offers 24/7 customer support. You can reach the support team via live chat, email, and phone. But, the mail and phone numbers differ depending on the state you’re accessing the platform.
FanDuel Sportsbook – Speedy Transaction Times
FanDuel is often perceived as the main competitor to DraftKings. Whenever sports betting is legalized in a state, DraftKings and FanDuel are usually the first brands to receive a license. You’ll find a range of sports to bet on at competitive odds, including all the popular sports in America.
Security and Licenses
FanDuel Sportsbook is a licensed and regulated gambling brand, with a license from all relevant authorities where it operates, much like its main competitor. In addition, the platform uses SSL encryption and other security measures to enhance protection and make users and their sensitive data safe.
Available Sports and Betting Markets
FanDuel Sportsbook covers all the major sports leagues in the US, such as the NFL, NBA, MLB, NHL, and NCAA. It also offers international sports such as soccer, tennis, golf, cricket, rugby, and more.
You can find various betting options for each sport, such as moneyline, point spread, totals, props, futures, parlays, teasers, and live betting. FanDuel Sportsbook also features a cash-out option that allows you to settle your bets before the event ends.
FanDuel is one of the leaders in promotions for new and regular customers. You can get a risk-free bet of up to $1,000 if your first wager loses. The bonus doesn’t apply to cashed-out wagers, meaning you’ll have to wait for the event you wagered on to reach its natural conclusion.
FanDuel features a range of promos for regular customers. For example, you can enjoy odds boosts, refer-a-friend bonuses, loyalty programs, and more.
Payments
FanDuel Sportsbook offers a variety of payment methods for deposits and withdrawals. You can use credit or debit cards, PayPal, online banking, prepaid cards, e-checks, cash at the casino cage, or FanDuel gift cards. The minimum deposit amount is $10, and the minimum withdrawal amount is $20. The processing time varies depending on the method you choose.
Customer Support
FanDuel Sportsbook has a customer support team available 24/7 via phone, email, or live chat. The phone and email used for contacting support might be different depending on the state you’re in. You can also find answers to common questions in the FAQ section on the website or app.
WynnBet Sportsbook – Cash Out Within Hours
Marketed as a premier online sportsbook and casino, WynnBet is one of the most successful US-licensed betting sites. It is operated by Wynn Resorts, one of the most successful companies in land-based gambling. Thus, the team behind WynnBet went the extra mile and made the site stand out from the pack.
Even though it’s not available in as many states as DraftKings or FanDuel, WynnBet still aims to explore its offer in many other areas. At the moment, residents of eight states can access the platform legally.
Security and Licenses
It goes without saying that WynnBet features licenses from all the relevant gambling commissions (or other regulatory bodies). Of course, this applies to all the states where it’s available.
Moreover, all essential security protocols, such as SSL encryption, are active. Therefore, it’s safe to say the platform is secure for all US bettors interested in joining it.
Available Sports and Betting Markets
Although popular, WynnBet is much newer compared to the previous two options, and its range of sports is somewhat smaller compared to theirs. Even though it features all major US sports, it still needs some niche and international options, such as darts or cycling. Moreover, WynnBet has a more modest selection of live betting options and prop bets.
Still, if you’re a US sports fan focusing on domestic leagues, you will likely find everything you need to get started.
The bonus consists of a risk-free bet of up to $1,000 if the first bet loses. WynnBet also has other promotions for existing customers, such as parlay boosts, free bets, cashback offers, and more.
Moreover, WynnBet is part of the Wynn Rewards program, which allows bettors to earn points and redeem them for perks at Wynn resorts and casinos.
Payments
WynnBet features most payment options mentioned in the DraftKings and FanDuel reviews. It also accepts Venmo, which is still unavailable on the other two betting sites.
All deposits are instant, and withdrawals are usually processed within 48 hours, making WynnBet a fast payout platform. It’s actually one of the main reasons it made it to our top three list.
Customer Support
WynnBet features excellent customer support available via live chat, phone, and email. Also, you’ll find many helpful pages, such as the comprehensive FAQs section.
Getting Started with US Online Sportsbooks: What to Pay Attention To
Here are a couple of more things you should take into account when starting your online sports betting journey.
- Learning the basics — Learn the basics of sports betting, such as how to read and understand the different types of bets. Try to understand how different betting markets work, such as point spreads, money lines, over/unders, and more.
- Managing the bankroll — Set a budget and stick to it. Don’t chase your losses or bet more than you can afford to lose.
- Doing your research — Use reliable sources of information, such as stats, trends, news, injuries, and expert opinions. Don’t rely on gut feelings or emotions. Bet with your head, not your heart.
- Betting on familiar sports — Learn the rules, strategies, players, teams, and leagues of the sports you want to bet on. Don’t bet on sports that you don’t know or understand well.
Responsible Gambling
Online sports betting can be a fun and exciting way to enjoy sports and win some money. Yet, it should always be done with moderation and caution. Responsible gambling means being aware of the risks and benefits of gambling. It’s also important to set realistic goals and expectations and manage your budget and time. Above all, make sure to seek help if you feel you have a problem.
Online sportsbooks have a responsibility to provide a secure gaming environment. Moreover, they need to offer tools and resources to help them gamble responsibly.
These tools include deposit limits, play time limits, time outs, and more. They allow players to set boundaries and limits on their gambling activity. Online sportsbooks should also provide information and education on problem gambling. Moreover, they should also direct players to professional help if needed.
Conclusion
The best US sportsbooks for payouts offer various payment options, fast processing times, and low or no fees. If you add great bonuses and competitive odds to that, you get a complete experience. Of course, one shouldn’t forget about security, which also plays an important role in withdrawals.
Some examples of such sportsbooks are DraftKings, FanDuel, and WynnBet. These sites have a solid reputation in the industry and provide a great betting experience for US players.
Frequently Asked Questions About Sportsbook Payouts and Withdrawals
How to withdraw funds from a US online sportsbook?
Pick one of the available withdrawal methods, enter the amount you’d like to cash out, and confirm it. Depending on the sportsbook and the withdrawal option of your choice, you might have to wait up to several business days to get your payment.
How long does it take to withdraw money from a US online sportsbook?
It depends on your withdrawal method and the withdrawal pending time for the sportsbook of your choice. This can vary from a couple of hours to a couple of days.
Which US sportsbooks have the fastest payout?
All US-licensed sportsbooks do their best to make withdrawals as fast as possible. Still, our Gambla team narrowed it down to DraftKings, FanDuel, and WynnBet.
What is the withdrawal pending time for US sportsbooks?
The withdrawal pending time varies depending on the betting site of your choice, but it’s usually between 24 and 72 hours.
What sports can I bet on at US sportsbooks?
The majority of licensed US sportsbooks feature a range of sports. Apart from the standard ones, such as basketball, football, baseball, ice hockey, and soccer, you can bet on a range of other less popular sports.
