bet365 Payment Options: Deposit Methods and Withdrawal Times Explained

bet365 gives you several ways to move money in and out of your account, and the speed difference between methods is significant enough that picking the right one can mean the difference between funds in your account in minutes versus funds in your account in five business days. Here's exactly what each method looks like on the withdrawal side, where the real variation lives.

What deposit and withdrawal methods does bet365 accept?

bet365 supports debit cards (Visa, Mastercard), PayPal, Venmo, Apple Pay, online banking, credit cards, and bank transfers. For most bettors, the e-wallet and digital wallet options — PayPal, Venmo, Apple Pay — will be the fastest route both in and out. Credit cards are accepted for deposits at bet365, but before you use one, you should read about Credit Card Deposits at Sportsbooks: The Cash Advance Problem Explained, because many issuers treat a gambling deposit as a cash advance, triggering fees and a higher interest rate the moment the transaction posts.

How fast does bet365 process withdrawals?

Apple Pay withdrawals at bet365 are listed as instant — that's the fastest option on the board. Debit card, PayPal, Venmo, and online banking withdrawals generally clear in 1–4 hours, which is fast enough that most bettors won't notice a meaningful delay. Some bank transfers process within 2 hours, though that timeline can vary depending on your financial institution. Credit card withdrawals are the slowest, running 1–5 banking days — a weekend request could realistically take until the following Friday to land.

Is Play+ available at bet365, and is it worth using?

Play+ prepaid cards are available at almost every major US sportsbook and carry one of the fastest withdrawal speeds of any sports betting payment method, making them a strong alternative if your preferred e-wallet isn't working for a particular transaction. The card functions like a prepaid debit card, so funds are accessible at ATMs and anywhere the card network is accepted, which adds practical flexibility beyond just sportsbook withdrawals.

Does bet365 require a PayPal deposit before a PayPal withdrawal?

Some sportsbooks require you to make at least one deposit via PayPal before they'll send a withdrawal back to the same PayPal account — bet365's policy follows standard industry practice on this point, so it's worth making your initial deposit through PayPal if that's the method you intend to use for withdrawals. The same logic applies to Venmo. Linking your preferred method on the deposit side first avoids a situation where you're waiting on a slower alternative while the e-wallet issue gets sorted out.

What should I do before my first withdrawal to avoid delays?

KYC (Know Your Customer) verification is mandatory at every licensed US sportsbook, and bet365 is no exception. Have your government-issued ID and proof of address ready before you request your first withdrawal — unverified accounts get held at the cashier step, which adds delays that have nothing to do with the payment method itself. For a broader walkthrough of the process from account creation through your first bet, see How to Open a Legal Sportsbook Account and Place Your First NFL Bet. For a general comparison of how deposit and withdrawal mechanics work across licensed sportsbooks, How to Deposit and Withdraw at a Legal NFL Sportsbook covers the full picture.

Do I owe taxes on money I withdraw from bet365?

A withdrawal is not the taxable event — the win is. All gambling winnings are federally taxable income regardless of when or how you withdraw them, and bet365 will issue a Form W-2G when a win hits the reporting threshold. The Do You Pay Taxes on NFL Betting Winnings? What the IRS Requires page covers withholding rates, W-2G thresholds, and the 2025 changes to gambling loss deductions that affect how much you can offset.

Availability of specific payment methods at bet365 may vary by state, and bet365 is not yet live in every legal US jurisdiction — always confirm which options are active in your state at the time you sign up. 21+ only. Gambling problem? Call 1-800-GAMBLER.

Disclosure: How To Bet On Football Games may earn a commission if you open an account through links on this page. That never changes our ratings or the facts we report.