GTbets emerged on the scene in 2011 and has already established itself as one of the world’s premier online sportsbooks thanks to its wide selection of bonuses and promotions. It’s also received plenty of positive buzz from bettors as a result of its efficient withdrawal process and superb customer support.

This page will answer all of the questions you may have about how to withdraw money from your GTbets account and precisely when you can expect your payment.

How long will it take to get my payout from GTbets?

That depends upon the method you’ve selected. Cryptocurrency withdrawals generally take two business days, while withdrawals involving bank wires can take up to 12 business days. Full payout times for GTbets are below:

Method Processing Time Frame Notes
Bitcoin 48 business hours Customers are eligible for one free Bitcoin payout every 30 days and are able to request one Bitcoin payout per week
Bank Wire 12 business days Bank Wire payouts cost $60. Customers are limited to one payout every seven days
Quick Cash 48 hours Quick Cash payouts cost $50 or 8% of the requested amount

Does GTbets actually deliver on its quoted time frame?

Yes. GTbets experienced a temporary slowdown during October and November, but appears to be back on track now. The online sportsbook needed an average of just 21 hours to deliver cryptocurrency payouts to its customers during the month of December, and came in at a still respectable 40 hours in February and March. That’s well within their stated time frame of 48 business hours, and it’s likely to keep customers coming back for more.

Take a look at the graph below to see how GTbets’ payout times have fluctuated over the past 11 months.

GTbets Payout Times Graph

How do I withdraw money from GTbets?

Withdrawals can be made at GTbets through three different methods: Bitcoin, Bank Wire, and Quick Cash.

Bitcoin requests must be made online and generally take up to 48 business hours to process. Customers are eligible for one free Bitcoin withdrawal per month. Additional withdrawals are subject to a 5% fee, with a maximum fee of $60.

GTbets’ payout department is open Monday through Friday from 10:00 a.m. to 4:00 p.m. EST. Their same-day payment cut-off time is 12:00 p.m. EST.

Bank Wire payouts can take up to 12 business days to process, but experience has taught us that they’re generally much faster. Each Bank Wire withdrawal costs $60, and customers may incur additional fees depending upon the intermediary bank used.

Quick Cash, as the name implies, is the fastest withdrawal method of all. Quick Cash payouts are typically processed in 48 hours or less but come with a minimum transaction fee of $50 or 8% of the requested amount. Customers are also limited to one Quick Cash withdrawal every seven days.

GTbets’ payout department is open Monday through Friday from 10:00 a.m. to 4:00 p.m. EST. Their same-day payment cut-off time is 12:00 p.m. EST.

“I received $5,000 BTC from GTbets in 21 hours. Very happy with that.” (December 2018)

Are GTbets customers generally happy with their payout experience?

Yes. We’ve tracked responses from real bettors through a variety of online sources and have found that GTbets customers have a satisfaction rate of 82%. The one recurring complaint that does pop up, however, is the site’s lack of direct cash withdrawal methods. Customers would understandably like to receive their payouts faster and through a wider variety of withdrawal methods.

“Really, REALLY impressed with GTbets. LESS than 2 business days on a bank wire is AMAZING!!!”

What can I do to make sure my GTbets payment isn’t delayed?

  • Verify that GTbets has your correct mailing address on file
  • Ensure that you are not using a P.O. box address
  • Make sure you have enough money in your account to cover your requested payout

This page will be updated each month with updates/changes to GTbets’ payout times. Read our full GTbets review to learn more about this sportsbook.