Our ongoing withdrawal testing program, now covering 97 real tests across 12 operators, shows that PayID has become the fastest withdrawal method available at Australian bookmakers. Three operators are now consistently processing PayID withdrawals in under five minutes.
The Fastest Operators
dabble leads our speed rankings with an average PayID withdrawal time of 4 minutes across 8 tests. The fastest single withdrawal we recorded was 2 minutes and 14 seconds.
betr sits second at 6 minutes average across 7 tests. Elitebet rounds out the sub-10-minute group at approximately 30 minutes, though individual tests have come in under 5 minutes on verified accounts.
bet365 is the only Australian operator offering PayID for both deposits and withdrawals, averaging around 4 hours for withdrawal processing. Their dedicated bet365 MasterCard provides an alternative instant-access option.
Bank Transfer Still Dominates
Despite PayID's speed advantage, standard bank transfers remain the most common withdrawal method across the industry. Ladbrokes (2 hours average, 12 tests), Neds (3 hours, 9 tests), and Unibet (6 hours, 8 tests) all process via standard bank transfer as the primary method.
Ladbrokes' unique offering is the Ladbrokes Card, which provides instant ATM access to winnings without waiting for a bank transfer to clear.
Across our full testing dataset, the industry average sits at approximately 2.1 hours. The gap between the fastest (dabble at 4 minutes) and slowest operators is substantial. Full results are available on our withdrawal speed tracker.
What This Means for Punters
If withdrawal speed matters to you, check whether your bookmaker supports PayID withdrawals before signing up. Not all operators offer it. The difference between a 4-minute PayID withdrawal and a 6-hour bank transfer is meaningful, especially if you're withdrawing winnings you want to use quickly. Submit requests before 2pm AEST on weekdays to catch same-day processing batches at most operators.