Sky Bet Withdrawal Time
How Long Does Sky Bet Take To Pay Out?
Sky Bet withdrawal times differ between payment methods, but they offer instant withdrawals through Pay by Bank.
Card payments on Sky Bet also offer punters a way to get funds instantly. All VISA and some Mastercard cards are eligible for instant withdrawals, with payments made within 1-4 hours.
Apple Pay and Revolut are the only other payment methods available to withdraw to on Sky Bet.
Sky Bet withdrawal times are some of the fastest across all UK betting sites, with most payment options offering instant withdrawals.
However, not all payment methods offer Sky Bet instant withdrawals. Find a full guide on Sky Bet withdrawal times for each payment method below.
Sky Bet Withdrawal Times
New customers only. First single & E/W bet only. Odds of 1/1 or greater. 3 X £10 bet tokens. Free bet stakes not included in returns. Free bets exclude virtuals. Free bets are non withdrawable. Free bets expire after 30 days. Eligibility restrictions and further T&Cs apply.
Pay by Bank
Fee: Free
Withdrawal time: Instant
Min. withdrawal: £5
Max withdrawal: £50,000
Card Payments - Instant
Fee: Free
Withdrawal time: 1-4 hours
Min. withdrawal: £5
Max withdrawal: £50,000
Card Payments - Standard
Fee: Free
Withdrawal time: 2-5 days
Min. withdrawal: £5
Max withdrawal: £50,000
Apple Pay
Fee: Free
Withdrawal time: Up to 24 hours
Min. withdrawal: £5
Max withdrawal: £10,000
Revolut Pay
Fee: Free
Withdrawal time: Instant
Min. withdrawal: 1p
Max withdrawal: £10,000
We rank Sky Bet highly among the fastest withdrawal betting sites. Take a look at where they sit on our list of the top 15 bookmakers who offer instant withdrawals.
How To Withdraw From Sky Bet
Getting your money out of a betting site is never as straightforward as getting it in. In years gone by, users would typically expect to wait around five working days to see their withdrawal drop into their bank account.
Fortunately, bookmakers are moving with the times and offering faster withdrawal processes, and Sky Bet have several options where the money will be back in your account the same day!
Below we've put together a step-by-step guide on how to withdraw your winnings from Sky Bet.
Open the Sky Bet app or go to SkyBet.com and sign in with the account that holds the balance you want to withdraw.
You'll be taken to the home page for Sky Bet where you'll now see your balance in the top right corner.
Tap 'My Account' (on desktop) or the profile icon (app) in the top right corner of the page.
You'll then be taken to a page showing your current balance with options to deposit or withdraw. Select withdraw.
Whatever payment method you used for your last deposit onto Sky Bet will automatically come up as the account the withdrawal will go into.
Type in how much you want to withdraw and click the button at the bottom of the page to complete the transaction.
If you've used multiple payment methods to deposit money onto Sky Bet, go to 'manage payment methods' first.
From there, you will get to choose the account you want the money to be withdrawn to.
Sky Bet Pay By Bank Withdrawals
Sky Bet offer instant bank transfer withdrawals through Pay by Bank, making it the easiest and quickest payment method available to all customers.
Withdrawals through Pay by Bank on Sky Bet are available from the 'Popular' tab when going through Sky Bet's withdrawal page.
To access Pay by Bank on Sky Bet, simply select 'My Account' > 'Payments' > 'Withdraw' > 'Popular'.
The minimum Sky Bet bank transfer withdrawal is £5.
Sky Bet Card Payment Withdrawals - Instant
One other option for instant Sky Bet withdrawals is through debit card payments.
All VISA and some Mastercard cards are eligible for instant withdrawals, meaning funds will be back in your bank account within 1-4 hours.
The minimum Sky Bet debit card withdrawal is £5.
Sky Bet Card Payment Withdrawals - Standard
For any debit cards ineligible for instant withdrawals, Sky Bet will process them as a standard card payment.
Sky Bet standard withdrawals take between 2-5 business days, and users are advised to wait the full 5 days before getting in touch.
For example, if you submit a Sky Bet withdrawal on Monday, the earliest you will receive your funds will be Wednesday. But it might take until the following Monday for the withdrawal to reach your bank account.
A Sky Bet withdrawal around a bank holiday can take longer when the payment method uses business days for processing.
UK bank holidays are not counted as business days, so a standard withdrawal submitted immediately before a bank holiday may take longer to reach your bank account.
For this reason, the Sky Bet withdrawal time for standard card payments can be longer when weekends or bank holidays fall within the processing period.
Sky Bet Apple Pay Withdrawals
Sky Bet is one of the top Apple Pay betting sites as it accepts withdrawals as well as deposits.
Apple Pay withdrawals on Sky Bet are only processed if the card you are withdrawing to has previously been used to make a deposit via Apple Pay.
Sky Bet Apple Pay withdrawal times are very fast and sometimes instant, depending on the bank you are withdrawing to.
The minimum withdrawal with Apple Pay on Sky Bet is £5.
Sky Bet Revolut Pay Withdrawals
Sky Bet now also accept deposits and withdrawals with Revolut Pay for UK customers.
Sky Bet withdrawals to Revolut are instant and available immediately in your Revolut bank account.
There is no minimum withdrawal to Revolut on Sky Bet, making it a great option for punters looking to withdraw funds less than £5.
Revolut Pay is not available as a payment method on Sky Poker.
Looking to sign up?
Sky Bet Welcome Offer
New customers registering for a Sky Bet account can claim £30 in free bets when placing any bet - even as small as 5p!
Simply sign up using the claim button below, make your first deposit, and place a minimum of £0.05 as your first bet on a single or each way bet on any Sky Bet market at odds of 1/1 or greater.
Your free bets will then be credited as three £30 Free Bet tokens. But make sure to use them up as they expire after 30 days.
Google Pay and PayPal on Sky Bet
Why Can I Not Use Google Pay Or PayPal On Sky Bet?
Google Pay and PayPal are no longer supported payment methods on Sky Bet.
PayPal has long been a popular payment method among UK bettors thanks to its speed, convenience and low costs.
However, PayPal was removed by Sky Bet as a supported payment option; the same goes for Google Pay.
On Sky Bet's Help Centre, the reasoning they give for no longer supporting PayPal and Google Pay is:
"We have streamlined our payment options. As well as removing PayPal and Google Pay, we have recently introduced Instant Bank Transfer as a new way of transacting with us."
Customers who previously used Google Pay or PayPal will now need to either use Apple Pay, Pay by Bank, VISA, Mastercard or Revolut Pay.
Sky Bet Withdrawal Problems
The Net Deposit Rule is regulatory standard for UK bookmakers
If you are experiencing Sky Bet withdrawal problems, you can check the withdrawal status in your account to confirm the selected payment method is still available.
Apple Pay withdrawals on Sky Bet, for example, will only be accepted if you are withdrawing to the same card you previously made a deposit from via Apple Pay.
Another reason Sky Bet won't let you withdraw might be due to the need to complete verification checks.
Sky Bet Net Deposit Rule Explained
The Net Deposit Rule has been in place for a few years now and most people won't have an issue with it if they're only using one payment method.
The aim of the Net Deposit Rule is to keep Net Deposits as close to £0.00 as possible and is a regulatory standard for all UK bookmakers. You must withdraw at least the total amount deposited from one payment method before you can withdraw any additional funds via another chosen payment method.
Example
- You deposit £50 from your Visa Card and £30 from your Mastercard into your Sky Bet account.
- That means you have a net deposit of £50 from your Visa Card, and £30 from your Mastercard.
- Let's say you have some success with the total £80 in your betting account, and it rises to £500, and you want to withdraw £200 of it to your Mastercard.
- Before you can do that, you will have to 'Close the Loop' and balance the Positive Net Deposits on your Visa Card.
- Therefore, you will be requested to withdraw £50 back to your Visa, making the Net Deposits on that payment method £0 before being able to withdraw the rest to your Mastercard, and the same applies the other way round.
Sky Bet withdrawals are often instant, depending on the payment method chosen. Pay by Bank withdrawals on Sky Bet are processed instantly. So are Revolut Pay and Instant Debit Card payments.
Standard withdrawals from Sky Bet take between 2-5 working days, but all Visa Card and most Mastercards are eligible for Instant Bank Transfer.
Sky Bet currently accepts withdrawals through Pay By Bank, VISA, Mastercard, Apple Pay and Revolut Pay
No, Sky Bet does not accept Google Pay for deposits or withdrawals any longer.
No, Sky Bet does not accept PayPal for deposits or withdrawals any longer.
There is no minimum withdrawal on Sky Bet when using Revolut Pay. All other payment methods require a minimum withdrawal of £5.
If you can't withdraw from Sky Bet, the most common reasons are:
- You haven't met the net deposit requirements
- Your withdrawal is still marked as pending and waiting to be processed
- Sky Bet need to verify your account before funds can be released
Apple Pay withdrawals on Sky Bet are often processed instantly, depending on the bank linked to your Apple Pay account.
Make sure the card you're attempting to withdraw to via Apple Pay is the same one you've previously deposited on via Apply Pay on Sky Bet.
Revolut Pay withdrawals on Sky Bet are processed instantly, meaning funds will be back in your account in a matter of minutes.
There are no fees or minimum withdrawal amounts for Revolut Pay withdrawal requests on Sky Bet.
Sky Vegas withdrawals are processed instantly, just like any Sky Bet withdrawal.
Sky Vegas accepts withdrawals via Pay By Bank, VISA, Mastercard, Apple Pay and Revolut Pay.
Standard withdrawals on Sky Vegas can take between 2-5 business days.
