Does Sportsbook Payout
No one likes to be left hanging when it comes to receiving their winnings. Unfortunately, finding a sportsbook that pays out quickly and keeps withdrawal wait times to a minimum can be challenging. For this reason, we’ve listed online sportsbooks that have the fastest payout times, and verified their payout times, in the list below.
- How Long Does Sportsbook.ag Take To Pay
- How To Calculate Betting Payout
- Calculating Payouts Sports Odds
To calculate fractional odds, you have to do some mental division or enter your desired amount and see what the sportsbook shows as your payout! Here are some odds for a fictitious horse race and how you go about reading them. The best sportsbook for fast payout, then, will largely depend on what type of payout you require. For example, The William Hill Sportsbook is one of the fastest payout sportsbooks if you want a cash.
Payout times do vary by payout method. Check, bank wire, and Bitcoin times will be different; usually, Bitcoin is the fastest and payouts by check are the slowest. While sportsbooks will accept deposits via credit card, this is not an available method of withdrawal for US bettors.
Sportsbooks with the Fastest Payout Times
| Sportsbook | Payout Details | Start Betting |
| Bovada | Receiving your withdrawal via check from Bovada takes 10-15 business days, depending on how busy they are at the time. Bitcoin withdrawals at Bovada take 15 minutes, starting from when your funds are processed and deducted from your account. This blinding speed of withdrawal is the standard to which other sportsbooks aspire. They do not offer bank wire at this time due to the long waits and high fees for their customers. | Visit Site |
| Sportsbetting.ag | Sportsbetting.ag offers their clients couriered checks at their door within 7 days of the withdrawal request. They are an industry leader when it comes to withdrawal time. Sportsbetting.ag will credit their clients with their winnings in Bitcoin in under 24 hours. Additionally, Sportsbetting.ag allows for bank wire withdrawals. However, these take up to 15 business days to receive. | Visit Site |
| BetOnline | BetOnline has extra fast withdrawal times. They provide clients with checks within 7 business days after receiving the withdrawal request. All Bitcoin withdrawals will be in their client’s Bitcoin wallet client of choice within a mere 24 hours. Bank wire transfers take up to 15 business days. | Visit Site |
| GTbets | While they don’t presently offer couriered checks, GTbets has a (relatively) fast bank wire withdrawal time. GTbets will process your withdrawal and send you your winnings in Bitcoin within a 24 hours period. Bank wire only takes 12 business days over at GTbets, which is significantly less than the industry standard. | Visit Site |
| Intertops | Intertops has an astoundingly fast withdrawal time for checks, set at 5 business days. Their bank wire withdrawal is fairly standard, set at 10-15 business days. Bitcoin withdrawals will be completed in 48 hours or less at Intertops. | Visit Site |
| 5Dimes | 5Dimes provides their customers with Bitcoin nearly instantly, but there’s a catch, as their withdrawals are dependent on availability. If 5dimes doesn’t have enough Bitcoin on hand, there may be a slight delay in the receipt of your funds. | Visit Site |
Getting and cashing a check is pretty easy, if you want to learn how to use Bitcoin at a sportsbook we’ve created a catch-all Bitcoin sports betting guide to answer your questions.
Don’t receive your payment quickly?
Contact your gambling site. Their customer service department is meant to help. Never hesitate to ask your sportsbook’s customer service department where your withdrawal is, or how much longer it may take to receive it. They will be happy to assist you and walk you through the whole process.
There are no bad actors on this list; none of these sportsbooks are going to act dishonestly. They are legitimate betting sites that have been in operation for many years, some in excess of 20 years online. We’ve hand-picked these sites because their financial services are of the highest standard.
You might notice that there’s a lot of overlap in these two lists. That’s because these are the sportsbook that not only pride themselves in quick withdrawal times but in their transparency. They want to make sure that they set realistic and accurate expectations for their clients, and not leave them guessing.
Warning signs you have a slow/no pay sportsbook
Customer service responses take longer than 24 hours. No matter the request you should expect a response within 24 hours from a sportsbook. If you have a question about your payout and you don’t get a response within this time frame, something is up.
“Payment backlog” or “processor issues.” The reality is payment issues do crop up at all sportsbooks from time to time. However, if you get this response month after month it’s time to look for a new sportsbook.
Bitcoin excuses. If you ever get a reply about a sportsbook not being able to process Bitcoin withdrawals within a one-week maximum, the jig is up. Sportsbooks tout Bitcoin deposits as quick and easy, there is no reason withdrawals should be any different.
It’s always good to test your sportsbook with withdrawals. Although it’s tempting to wait until you have a big withdrawal, it’s much better to do them in small amounts, even though you’ll have to accept higher fees.
Find the odds of winning your sports bet parlay with the free parlay calculator (with push) below.
How to Use the Parlay Calculator
Enter your wager amount and odds (yellow fields) for each leg of the parlay and you will see your potential profit, equivalent American and Decimal odds, as well as the implied win probability of your parlay bet.
For a single bet, enter odds in American format. A minus sign (-) indicates a favorite while a plus sign (+) indicates an underdog.
Moneyline odds are the most common bets in a parlay, however you can select any type of bet. A money line bet is a wager on which team you think will win. Therefore money line bets are the most straight forward and easiest to interpret, especially when there are multiple in a parlay.
See Your Parlay Odds with Bets that Push
You can also check the Push boxes if your bet has pushed. Checking this box will adjust the parlay odds to account for the fact that you have pushed a given bet.
A “push” or tie, means that your bet will not cause your parlay to be graded as a loss. Instead that leg of the parlay will basically be ignored when calculating the payout of your parlay.
A bet could push if you bet on a point spread or total that hit exactly. For example, if the New York Knicks were +8 against the Los Angeles Lakers and lost by exactly 8 points, that would be a push.
Parlay Payouts Chart
| Number of Bets in Parlay | Fair Payout (-110 Odds) | Fractional Odds | Fair Payout on a $10 Bet | Implied Win Probability |
|---|---|---|---|---|
| 2 Team Parlay | 3.64 | 2.64/1 | $36.45 | 27.4% |
| 3 Team Parlay | 6.96 | 5.96/1 | $69.58 | 14.4% |
| 4 Team Parlay | 13.28 | 12.28/1 | $132.83 | 7.5% |
| 5 Team Parlay | 25.36 | 24.36/1 | $253.59 | 3.9% |
| 6 Team Parlay | 48.41 | 47.41/1 | $484.13 | 2.1% |
| 7 Team Parlay | 92.42 | 91.42/1 | $924.24 | 1.1% |
| 8 Team Parlay | 176.45 | 175.45/1 | $1,764.46 | 0.6% |
| 9 Team Parlay | 336.85 | 335.85/1 | $3,368.52 | 0.3% |
| 10 Team Parlay | 643.08 | 642.08/1 | $6,430.82 | 0.2% |
Parlay Betting FAQ
How do you calculate parlay odds?
1. Convert all bets to decimal odds
2. Multiply the decimal odds of each bet together
3. Convert combined decimal odds back to American odds
How much will my parlay pay?
Your parlay pay out will depend on the odds and bet amount of each leg of your parlay. You can use the parlay calculator above to see exactly how much your parlay will pay given the odds of each bet in the parlay.
How much does a 10 team parlay pay?
A 10 team parlay will pay out 643 times your wager amount assuming each leg of the parlay has -110 odds. For example, if you place a $10 bet on a 10 team parlay, your pay out would be $6,430.
What does a $20 two team parlay pay?
A $20 two team parlay pays $72.89 assuming both legs of the parlay were bet at -110 odds. This would result in a profit of $52.89.
How Long Does Sportsbook.ag Take To Pay
What happens when a bet in a parlay pushes?
When one leg of a parlay pushes (“ties”), then that bet is essentially excluded from the parlay without making the whole bet a loss. When calculating the parlay odds, that bet will essentially be removed from the equation.
Do you need to bet the money line to bet a parlay?
How To Calculate Betting Payout
No, you can parlay almost any bet type. Money line bets are the most common, however you can also include point spreads, totals, props, etc.