How Fast Are Bitcoin Withdrawals? We Tested the Top 5 Offshore Sportsbooks
Crypto, but especially Bitcoin, has revolutionized betting because of how fast it can be. The speed of Bitcoin means that bettors should be able to benefit from the fastest Bitcoin withdrawals, but how long do Bitcoin sportsbook withdrawals take?
In truth, it varies depending on the betting site, so we've completed a sportsbook withdrawal comparison to see which crypto sportsbooks are paying quicker than others.
In this review, we requested BTC from five of the most popular offshore sportsbooks to find out which ones delivered fastest, which sportsbooks had delays in their Bitcoin withdrawal process, and what our players can expect to experience in the cashout process.
Key Takeaways:
- Bitcoin withdrawal times vary by sportsbook, ranging from 30 minutes to over 5 hours, depending on internal approval and KYC status.
- Bookmaker and BetOnline offer the fastest BTC payouts, often completing transactions within 1–2 hours, even on weekends.
- Manual approval and KYC checks are the biggest delay factors, especially for first-time withdrawals or large cashouts.
- Using non-custodial wallets like Exodus or Trust Wallet helps receive BTC faster compared to exchanges like Coinbase.
- Request withdrawals on weekdays and under manual review limits to minimize delays and increase your chance of same-day payouts.
- Meeting rollover requirements before cashing out ensures your withdrawal isn’t held up by unresolved bonus terms.
Best Offshore Sportsbooks For Fast Bitcoin Withdrawals
| Rank | Sportsbook | Top Bonus Offer | Rating | Claim |
|---|---|---|---|---|
1 |
 Est. 1994 |
50% Bonus up to $1000 |
VISIT SITE | |
2 |
 Est. 2021 |
125% Bonus up to $1250 |
VISIT SITE | |
3 |
 Est. 2001 |
50% Bonus up to $250 |
VISIT SITE | |
4 |
 Est. 2014 |
$100 in Free Bets |
VISIT SITE | |
5 |
 Est. 2024 |
Various Cashback and Odds Boosters |
VISIT SITE |
|
Sportsbook |
Ranked No. 1 Est. 1994 |
Top Bonus Offer
50% Bonus up to $1000 |
|
Sportsbook |
Ranked No. 2 Est. 2021 |
Top Bonus Offer
125% Bonus up to $1250 |
|
Sportsbook |
Ranked No. 3 Est. 2001 |
Top Bonus Offer
50% Bonus up to $250 |
|
Sportsbook |
Ranked No. 4 Est. 2014 |
Top Bonus Offer
$100 in Free Bets |
|
Sportsbook |
Ranked No. 5 Est. 2024 |
Top Bonus Offer
Various Cashback and Odds Boosters |
Why Bitcoin Withdrawal Speed Matters for Bettors
Some old-school players might see the waiting around as part of the process after winning a bet, but in the modern era, offshore sportsbooks' BTC payout time matters for the following reasons:
- Players want fast access to winnings: Sportsbooks are able to accept your money via deposits almost instantly, so you should be able to receive it again to have quick access to your winnings, too.
- Speed builds trust: The longer you wait for any person or company to pay you what's owed, the more suspicion grows as to what's causing the delays. If the sportsbook offers a quick Bitcoin cashout process, then that also helps to build trust.
- Some sites offer near-instant crypto payouts, others take days: One of the key takeaways for us when we tested Bitcoin cashouts was the difference in timescales. Players will naturally flock to the quickest sites if they have the option.
- Offshore sportsbooks vary more than U.S.-regulated ones: Generally speaking, the payout timescales with U.S.-regulated sportsbooks are quite standard with limited deviation. This isn't the same for offshore companies, where there isn't an industry standard, so players need to know what to expect.
Our Testing Process
To provide a fair comparison, we tested Bitcoin sportsbook withdrawals from the following five providers using the same methods:
- BTC withdrawal requested from all 5 sportsbooks using standard accounts
- Recorded the time between making the request and it being received into the wallet
- The KYC status, blockchain confirmation time, and any other delays were noted
- Tested during weekday hours with no pending promo bonuses
Bitcoin Withdrawal Times Top 5 Offshore Sportsbooks Compared
| Sportsbook | Avg. BTC Payout Time | Fastest Time Logged | MIn Withdrawal | Notes |
|---|---|---|---|---|
| BetUS | 2–6 hours | 90 minutes | $20 | Manual approval required, but solid BTC support |
| BetOnline | 1–2 hours | 45 minutes | $20 | Very reliable, 24/7 payouts including weekends |
| Bookmaker | 30 mins–2 hours | 25 minutes | $20 | Consistently fast; among the best in the industry |
| Bovada | 1–4 hours | 1 hour | $75 | Quick processing but can delay for first-time withdrawals |
| MyBookie | 2–5 hours | 2 hours | $25 | Often processes faster during weekdays |
Factors That Affect Withdrawal Speed
Internal approval time
Although the movement of BTC can be quick once a payment is processed, some sportsbooks will delay the process by taking time to approve the payout. This depends on the sportsbook and the time of day, but the best ones will approve within 24 hours.
KYC status or pending documents
Particularly if this is your first withdrawal, you might be prompted to send in identification. This needs to be manually reviewed and approved before any payments can be made, while we often find that sportsbooks have different departments. This means that you have to wait for your documents to be approved, then for the payment to be approved after this and it can cause delays.
Time of day and support availability
Something that can really affect an offshore sportsbook's BTC payout time is the time of day and the manpower available. If there are multiple requests stacking up and minimal staff are there to make the approvals and process payments, then this can delay the payout time.
Blockchain congestion (rare but possible)
While very rare, if there's congestion, then Bitcoin payments can be slowed down and will take longer.
Bonus rollover not yet met
If you have a rollover requirement from any accepted bonuses that you've not met yet, then this will prevent some or all of your payout from being accepted, and you won't be able to completely withdraw until the requirements are met.
Tips for Getting Your Bitcoin Faster
Use non-custodial wallets (not Coinbase)
A non-custodial wallet gives you full control of your funds, and also means that as soon as the BTC is received into the wallet, it's yours. Exchanges like Coinbase often take time to process transactions and can even flag gambling transactions, adding unnecessary extra time to your Bitcoin sportsbook withdrawals.
Stick to sportsbooks with a reputation for speed
Sportsbooks that have a reputation for the fastest Bitcoin withdrawals usually have them for a reason. Positive reputations are difficult to build in the industry and can be quickly lost, so if other players are saying they've been paid out quickly, then it means you should expect the same treatment too.
Complete rollover requirements before requesting withdrawal
If you're unsure of the rollover requirements of a bonus or don't know where you stand on a previous one, utilise the chat service from your sportsbook to guide you and ensure you've completed the requirements before you request your payout.
Keep withdrawals under limits that trigger manual review
Manual action from the sportsbook staff is usually the biggest cause of delays in your BTC payout. Admittedly, this isn't always easy to track as requirements change and sportsbooks do try to keep them a secret, but be vigilant on forums and discussion boards and try to keep your withdrawal amounts below any known limits when you can.
Request withdrawals during weekday business hours
Weekends tend to see more traffic and requests for sportsbooks to deal with, which is why for our sportsbook withdrawal comparison, we tested during weekday working hours, as this tends to be when you'll receive the quickest payouts. If you withdraw late in the evening or on a Sunday, then it's likely that your request won't be seen until the next business day.
FAQs – Bitcoin Sportsbook Withdrawals
Yes, they are, as BTC withdrawals are often completed within 24 hours, whereas wire transfers from BetOnline can take up to 15 business days
You can with certain sportsbooks, however, most offshore sportsbooks will require a form of ID when you look to complete your first withdrawal
There could be a number of reasons for this. Including pending document approval, your sportsbook is processing more requests than normal, blockchain congestion, or not meeting bonus rollover requirements.
Yes, there can be. However, you should check with your sportsbook, as fees can vary. They are often tiered, and some will allow certain customers to withdraw for free with certain promotions or VIP benefits
USDT tends to be the fastest with near-instant transactions. However, all crypto methods are substantially quicker than traditional fiat banking methods
Final Verdict – Who Has the Fastest Bitcoin Withdrawals?
Interestingly, it was Bookmaker.EU, which consistently demonstrated the quickest payouts. The other leading crypto sportsbooks weren't that far behind, however, demonstrating that using crypto is consistently quicker than any of the fiat options on offer.
Our results consistently found that requesting a withdrawal during daytime hours, during the week, is the way to achieve the fastest Bitcoin withdrawals. Each sportsbook still requires someone to process the payments manually, so this is the optimal time to get the fastest results.
The way in which a sportsbook handles its Bitcoin withdrawals is a key indicator for us in how much they can be trusted. Any unnecessary delays or general lethargy with payouts means we're likely to avoid the sportsbook.
As BetOnline and SportsBetting.ag are owned by the same company, it's understandable that their times were almost identical, and they remain highly reliable. Bovada is also consistently fast for anyone who wants a low-KYC option.
In comparison to fiat methods, MyBookie still shines. Despite this, it is dulled by its competitors in the offshore market and has the slowest processing time.
