Looking for the fastest paying sportsbooks in Illinois? Look no further.
On this page, we’ll highlight the sports betting sites in the Land of Lincoln that get you your winnings the fastest.
Using a quick-paying sportsbook has obvious advantages. Mainly, you get your money quickly. A sportsbook that has quick payouts fosters a better user experience than one that takes days to process a withdrawal.
Based on our research and tests of every Illinois online betting platform, we’ve found that DraftKings IL is unequivocally the fastest paying Illinois sportsbook.
Top sports betting apps in Illinois 2024
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The four fastest-paying Illinois online sportsbooks
In the table below, we compare the four sportsbook apps with the fastest payout options in Illinois:
| Sportsbook App | Fastest Payout Method | Average Withdrawal Speed | Instant Withdraw? | Play Now |
|---|---|---|---|---|
| DraftKings | PayPal or Venmo | Minutes, depending on the method | Yes | Click Here |
| Caesars | PayPal | Minutes, depending on the method | No | Click Here |
| BetMGM | PayPal | A few hours | No | Click Here |
| BetRivers | RushPay | A few hours | Yes, with RushPay | Click Here |
What is the fastest payout option at Illinois sports betting apps?
PayPal is typically the fastest withdrawal method available at Illinois online sportsbooks. Venmo, if available, is another speedy option.
We recommend PayPal and/or Venmo because both methods allow for seamless deposits in seconds, plus near-instant withdrawals at most sportsbooks. DraftKings paid our withdrawal request in exactly one minute via PayPal. Caesars came in a close second with an eight-minute wait time.
Venmo isn’t available at every sportsbook, but it’s still a great option when it is available. It’s just as fast — if not faster than — PayPal.
BetRivers uses RushPay to automatically approve many withdrawals. If your withdrawal qualifies for RushPay (the app will tell you whether it does), your payout could be sent instantly.
Which Illinois sportsbooks offer withdrawal via PayPal?
All seven Illinois sports betting sites allow withdrawals via PayPal:
- DraftKings
- FanDuel
- PointsBet
- Caesars
- BetMGM
- BetRivers
- Barstool
Does payout speed change during weekends or holidays?
Payout speeds can change during weekends or holidays. A more likely scenario, however, is a longer withdrawal time surrounding major events such as the Super Bowl or March Madness.
Holidays and weekends can impact your withdrawal, especially if you’re using a method such as online banking or ACH. Banks may not process the payment unless it’s a business day, slightly delaying your payment.
Another key factor is each sportsbook’s internal review period. Illinois sports betting operators build in a certain amount of time after a withdrawal request before they actually send the money. This review period varies. In some cases, it’s instant. In others, it can take up to three days. During holidays or weekends, the review period may skew toward the longer end of that window.
You’re also more likely to get a longer review period if you request a hefty withdrawal. Sportsbooks are less likely to look at a $10 withdrawal with as much scrutiny as a $1,000 cashout.
Finally, there’s always the betting volume of the season to consider. The Super Bowl, for example, drives record betting numbers. Withdrawals before, during and after the Super Bowl are likely to take longer due to the sheer volume of requests sportsbooks are processing.
Playthrough requirements and cashing out at Illinois sports betting apps
Illinois sports betting sites offer new users special welcome bonuses. These offers come with playthrough requirements, and each one has different stipulations to keep in mind. Here’s a look at the top five IL sportsbook offers in terms of how easy they are to clear and withdraw.
| IL Sportsbook | Welcome Bonus | Playthrough Requirement | Time To Complete Playthrough |
|---|---|---|---|
| BetRivers | Second chance bet up to $500 | 1x | 30 days |
| FanDuel | Up to $200 no sweat bet | 1x | 14 days |
| Caesars | First bet on Caesars up to $1,250 | 1x | 14 days |
| DraftKings | Up to $1,200 | 25x | 90 days |
BetRivers, FanDuel Illinois, and Caesars allow you to clear your welcome bonus the fastest. This is thanks to their 1x playthrough requirements. Once you claim the initial bonus, you only have to bet with it one time before you can withdraw.
DraftKings, by comparison, requires a 25x playthrough, a much bigger requirement. However, you have nearly three months to complete it, whereas FanDuel and Caesars give you two weeks.
BetRivers, meanwhile, gives you a nice balance with a 1x requirement but a leisurely 30 days to complete it.
This is important when considering which withdrawal method you’d like to use because you must play through a bonus requirement before you can withdraw the funds. If you’re looking for the fastest paying Illinois sportsbooks in combination with the best welcome bonus, BetRivers is the way to go.
One thing to note: you should always carefully read the terms and conditions that apply to your bonus before you sign up and deposit.
Are any fees associated with withdrawals at Illinois sportsbooks?
Sportsbook operators rarely (if ever) charge fees associated with withdrawals. Some payment methods may come with their own fees, depending on which ones you choose.
For example, certain banks will charge a small fee for an incoming wire transfer. Play+ doesn’t charge any fees from the sportsbook’s end of things, but you could incur charges if your card is inactive for a certain period of time.
PayPal doesn’t charge fees either, unless you want to transfer your funds from PayPal to your bank instantly. Normal transfers are free and can take up to three days.
These examples don’t come from the sportsbooks themselves, but rather the payment method you choose for your withdrawals.
Responsible gambling help in Illinois
Hopefully, when you play at an Illinois sportsbook, you’re lucky enough to win and withdraw. Still, every online sportsbook comes with some risks. Wagering requirements will keep you from cashing out bonus funds right away, and there’s never a guarantee your bet will win, whether it’s placed with cash or bonus funds.
Remember to play responsibly. Should you need assistance, you can reach out to various organizations for help.
- Self-exclusion: you can add yourself to a self-exclusion list if you don’t feel like gambling is the right choice for you
- The Illinois Council on Problem Gambling: call 217-652-9611 or email [email protected]
- The National Problem Gambling Hotline is an excellent nationwide resource. You can call or text 800-522-4700 for help
Maximum and minimum deposit amounts at Illinois sportsbooks
| Sportsbook | Minimum Deposit | Maximum Deposit |
|---|---|---|
| DraftKings | $5 | You can set a limit |
| FanDuel | $5 | $25,000 |
| PointsBet | $5 | $100,000 |
| Caesars | $10 | $25,000 |
| BetMGM | $10 | $50,000 |
| BetRivers | $10 | $10,000 |
Every sportsbook has its own limits on how much or how little you can deposit. Casual bettors may prefer the $5 minimums at DraftKings, FanDuel, or PointsBet.
High rollers, on the other hand, might prefer the huge maximums at DraftKings or PointsBet.
For 99% of bettors, the maximum limits won’t really matter. They’ll only really apply to people who gamble hefty sums at a time.
FAQ
What Illinois sportsbooks have the fastest payout?
DraftKings Sportsbook Illinois has the fastest payout speed of any platform in the state. During this writing, we requested a withdrawal, and it was processed and paid in one minute.
A close second was Caesars, which processed our withdrawal in a speedy 8 minutes.
Do Illinois sports betting apps offer early cash-out?
Yes. You can cash out on certain bets before they are completed, subject to the sportsbook’s policies. PointsBet is known for its wide array of cashout options.
Do payout speeds change during weekends or holidays at Illinois sportsbooks?
Payout speeds can differ based on the volume of events or time of the week. When sportsbooks are busy, they could take longer to review your withdrawal request, which then means you’ll take a bit longer to receive your money.
Are there any fees associated with withdrawals at Illinois sportsbooks?
Sportsbooks typically don’t charge fees for withdrawing in Illinois. However, you should check with the platform you use to withdraw. Some of them have fees based on certain parameters.
When can I cash out my online sportsbook bonus in Illinois?
You can cash out your Illinois sportsbook bonus after you meet the wagering requirement. The requirement varies by sportsbook. BetRivers, FanDuel, and Caesars have the lowest requirements at 1x.