Home Betting Guides How to Withdraw Funds from an Online Sportsbook In New Jersey?

How to Withdraw Funds from an Online Sportsbook In New Jersey?

Depositing funds into your Sportsbook account for the first time might be a bit tricky, but withdrawing funds should be more straightforward. Don’t forget that all the Sports betting sites in New Jersey have a help section where you will find dedicated deposits and withdrawals information.

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On this page, you will find some general information regarding which methods they usually do accept and any critical things to consider with each method. This should help you if you are concerned about getting your winnings out of your NJ Sportsbook account and into your bank pocket, so to speak. 

The first thing you need to do is to get verified by your Sportsbook. This is done when you make your first deposit, so when withdrawing you should be automatically authorized to take the funds using the same payment method. Then, all you need to do is go to your ‘Cash Out’ section and type the amount of money you are willing to withdraw. At this point, you just need to click on ‘Request Withdrawal’, and the job should be done. In case you want to take out money using a different method to how you have deposited, you would have to set up this into your account. Once this is done, you will get the funds within 24 to 48 hours, depending on which Sportsbook you are betting with.  

What are the Withdrawal Options?

Usually, options for making withdrawals are slightly less than depositing ones but not by much. Since NJ online sportsbooks are highly regulated by the Division of Gaming Enforcement (DGE), you won’t have to be concerned that your deposit will be delayed or even cancelled, as it might happen with unsafe and unlicensed offshore sports betting sites. 

What are the fastest Sportsbook cashout methods in New Jersey?

Of all the methods we have tested, using PayPal or the Prepaid Card option is usually the fastest way to withdraw your cash from New Jersey’s sportsbooks. However, if you want an even faster method, you can also request to pick up your withdrawal at the operator land-based partner casino. Then, after your withdrawal is approved, you simply need to head to the window, and you will get your money. 

If you have made your deposit using a debit card, you cannot put money back on the card, but you will have to use a different method. To avoid this issue, we suggest bank transfer (ACH), which is a fast and issue-free method of depositing and withdrawing money. 

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John was born and raised in London, John has always been in love with American sports. He started to write football articles back in 2006 on his own blog and has also worked for several newspapers. John other passion was betting and has worked as a trader for several top sports book in the UK. As sports trader and has joined leading UK betting tipping site BettingTips4You in 2013 and he is now head of content. He has a great passion for US Sports so hasn't wasted the opportunity to write also for NewJerseySafeBetting, now that online sportsbetting has been legalized in the state.