Sportsbook Payout Limits + Withdrawal Restrictions

There are all different types of user who choose to sign up with an online sportsbook and place real-money wagers. There are players who bet big, there are players who bet small, and there are players who bet everywhere in between. But regardless of how much money a player bets, the goal is the same; win. And if users do win, they will move on to the next step in the process to get money out of online sportsbook accounts. All users will have different amounts that they want to withdrawal, whether partial or all of it.

When a user opts to make the decision to receive a payout, the time comes to make sure that the amount they have chosen is within the parameters of the payout method they want. There can be many different payout limits that hinge on the type of payout method, as well as the sportsbook that they have signed up with. Here, you can check out some of the payout limits that can be expected when users go to make withdrawals using the common options found.

Payout Limits Sorted By Common types Of Options Used By Sportsbooks

We've said that different payout options have different limits. Now, we want to go down the list of common methods and generalize on what can be expected. From there, the next section will be more specific on different sportsbooks and what they have for users.

Cash Wire Payments - Wire transfer options will typically not exceed $800 depending on Western Union or MoneyGram. But what's nice about a wire transfer is that frequent transactions can be made, typically every day. This means that if a user chooses this method they can come right back the next day with it against to withdraw more if they desire. Wire transfers can also be as little as $1, so even for small players it's viable and as average sportsbook payout times go, this method is also one of the fastest.

Business + Sportsbook Company Checks - Limits on checks can actually vary quite a bit. They can have small payouts as little as $20 or they can be upwards of several thousand. This makes it a nice option to choose for many different types of players.

Certified + Cashier's Checks - Just like a check, the minimum amount for many money orders and cashier's checks is high. Some start as high as $1,000 while some sportsbooks go to a couple thousand dollars. Others can go as high as $9,500; this really depends on the sportsbook as to the inclusion of the amount.

Payment Wired Directly To Checking Or Savings Account - A bank wire is widely regarded as the best method for big players because they can have high limits, or in some cases no limits at all. By comparison with the relatively low fees, it's definitely a popular choice to go. But to use a bank wire, several thousand dollars will typically need to be withdrawn so the starting limit is not low at all.

Send Payment Back To Original Debit Card - The maximum amount for a DCFA withdrawal can be up to $2,500, while the minimum about start just at $100. Here is another payout option that falls in the limits range of the majority of online sports users plus it has very low sportsbook payout fees.

Money Sent Back To An Electronic Wallet Like PayPal, etc... - E-wallet payout limits will vary greatly, but most of them start very low at around $20 or even less. Some will have no limits while some will have limits that can cut off at several hundred dollars or even several thousand dollars.

Withdrawal Limits By Sportsbook In terms Of Minimum + Maximum Amounts

Bovada Sportsbook - The minimum withdrawal on a check at Bovada is $20, with the maximum amount up to $3,000 per check. A check request of more than $3,000 will have the remaining amount sent 5-7 business days later. A Western Union transfer and a MoneyGram withdrawal can be between $100 and $800. This is not a withdrawal for big players, but meets the needs of most.

BetOnline Sportsbook - All three check options at BetOnline (Mail, Courier, and ExpressCheck) have a minimum limit of $500 with the maximum amount of up to $2,500. For a bank wire, the minimum amount is also $500, but wires can go up to $15,000 per transaction. With a wire transfer, the maximum can go up to $950, and start with a minimum of $50 and this is the fastest way to get money out of online betting websites which is typical.

5Dimes Sportsbook - Having funds issued back to your debit card is an option that requires a minimum withdrawal of at least $100, and can go up to $2,500 per withdrawal from 5Dimes' accounts. A high $1,000 minimum comes with a money order payout, but the maximum goes all the way up to $9,500. The certified check begins at $40 and goes up to a $3,800 maximum with all checks being sent through a courier like FedEx.

SportsBetting.ag - Regardless of the delivery method selected when choosing a paper check, the limit will be $500 for the minimum and comes with a $2,500 cap. In comparison, bank wire withdrawal limits here cap out with a maximum of $15,000 but can be started with a $500 minimum withdrawal. Like other services, the fastest payment methods typically cost a bit more but have reasonable limits which start at $50 and go up to $950.

Other Limits + Restrictions With Online Sportsbook Withdrawals

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