Kentucky Derby Betting – Online Racebook Withdrawals

Just as you should only transfer money to a site that you trust, the same principle applies when it comes time to make an online racebook withdrawal. Collecting your winnings from a horse betting site should be just as simple as putting money into your account. All of the top online racebooks ensure that there are plenty of payout options to choose from for horse enthusiasts that are betting on the Kentucky Derby.

The majority of horse bettors are looking for the fastest racebook payouts, but others may find that more traditional banking options are more convenient. The great thing about legal Kentucky Derby betting sites is that they have multiple options for all types of bettors. Some methods are nearly instant, while others have the advantage of zero payout fees. All of the methods are 100% safe, which means all you have to do is pick and choose your preferred online racebook withdrawal method. We will walk you through the most common payout options at the sites for legal Kentucky Derby betting.

For the fastest horse betting payouts on the Kentucky Derby, opt for a method that is delivered electronically. Credit cards are not an option for USA horse bettors, but you can still use cryptocurrencies for online racebook withdrawals. If you are not familiar with digital currencies, there are also money transfer services like Western Union that can be used. Though minimums, maximums, and fees may vary, here are some of the fastest online racebook payout methods that you may come across:

Bitcoin

The fastest way to collect your Kentucky Derby winnings is with bitcoin. The digital currency has become widely accepted at online racebooks like Bovada and BetOnline. You only need to give the online cashier your bitcoin wallet address and your funds are sent within 48 hours.

• Delivery Speed: As little as 15 minutes – 48 hours
• Minimum: $20
• Maximum: $10,000
• Fees: None

Litecoin

Litecoin online racebook payouts are becoming more popular with those that want their cash right away. You can get your Kentucky Derby winnings without having to provide personal bank account information. Just provide your wallet address and wait for your funds to arrive.

• Delivery Speed: As little as 15 minutes – 48 hours
• Minimum: $20
• Maximum: $10,000
• Fees: None

Ethereum

Ethereum is one of the latest cryptocurrencies for Kentucky Derby betting. The coin does not come with any additional fees when making withdrawals, and it is one of the most expedient options.

• Delivery Speed: As little as 15 minutes – 48 hours
• Minimum: $20
• Maximum: $10,000
• Fees: None

Person-to-Person

Person-to-Person racebook withdrawals are when the online cashier sends your winnings via MoneyGram, Western Union, or a similar service. Once the transfer is complete, the racebook will provide you with a reference number that can be used to pick up your cash from a local retailer.

• Delivery Speed: Within 5 business days
• Minimum: $50
• Maximum: $400
• Fees: Up to $101

Other Methods For Online Racebook Withdrawals

Not every online racebook withdrawal method has to involve crypto or a third-party service. Some of the longest standing payout options at legal Kentucky Derby betting sites are checks and bank wires. Neither of these methods are the fastest, but they do offer their own advantages to those that find them convenient. Here are more details about these types of horse betting payouts:

Checks – Checks still remain one of the most preferred racebook withdrawal options for USA horse bettors. All you have to do is verify your address with the online cashier and wait for the courier to deliver the funds to your front door. For your added security, many sites require a signature.

• Delivery Speed: 5 -7 business days
• Minimum: $500
• Maximum: $5000
• Fees: Up to $50

Bank Wire Transfers – Bank wire transfers are very convenient. Rather than having to visit the bank and deposit a check, the online cashier will send your winnings directly to your bank account. Bank wires are one of the slowest withdrawal options, but they can be worth it if you are in no rush.

• Delivery Speed: Within 2 weeks
• Minimum: $500
• Maximum: $25,000
• Fees: Confirm with cashier and bank

Now that you know the types of withdrawal methods that you can choose from, it’s time to take a look at some of the best legal Kentucky Derby betting sites. The top sites will offer payout methods that are convenient and always secure. Aside from withdrawals, you also want an online racebook that has plenty of options for Kentucky Derby betting and also provides special promotions. The sites that we recommend for the most reliable online racebook withdrawals are Bovada and SportsBetting.