LeoVegas Withdrawal Time: How Long Does LeoVegas Withdrawal Take in Canada?

Experienced sports bettors know that the worst thing about winning big is having to wait forever to cash out your winnings. This is why it’s so important to know about withdrawal times and limits before you sign up for a sportsbook.

This page will tell you about LeoVegas withdrawal times, limits, available methods, and everything else you need to know about cashing out at LeoVegas Sportsbook.

LeoVegas is one of our top sportsbooks. The site has dozens of markets and it has one of the best betting apps available in Canada. We also really like that it is a trusted brand with more than a decade of experience in Canada. It is also licensed by iGaming Ontario, making it a safe option for Ontario sports bettors.

For withdrawals specifically, LeoVegas offers a very similar experience to other top betting sites. You will find many convenient ways to cash out your winnings and fairly quick withdrawal times. Keep reading to learn more.

According to its website, LeoVegas withdrawals can take as long as five business days. Our experts have found that withdrawals rarely ever take that long, but you will have to wait at least two business days for most methods.

See a full breakdown of LeoVegas withdrawal times, limits, and transaction fees.

Requesting a withdrawal at LeoVegas Canada is a very straightforward process. Follow this step-by-step guide to learn how to get your winnings quickly:

• Go to your account page to find your account balance, past transactions, and links to other important pages.

• Select withdrawal to open your cashier page where you can start the actual withdrawal process. 

• Choose your withdrawal method from the list of available options. Remember that you can only use a withdrawal method that you have also used for a past deposit. 
• Enter the withdrawal amount to specify how much money you would like to cash out from your LeoVegas Canada account.
• Finalize your request and wait for LeoVegas and your financial provider to process the withdrawal. You should receive your money in 1-5 business days.

Tips For Fast Withdrawals

• Verify Your Account: To avoid delays and issues, make sure you verify your account as soon as possible. Always provide accurate information and information that matches the information that’s listed on your bank account.
• Know the Limits: Keep in mind that LeoVegas has transaction limits for all withdrawal methods. You should know them so that you can plan your withdrawals properly.
• Check For Fees: LeoVegas doesn’t charge transaction fees, but your financial processor might. Consider the extra costs before you pick a withdrawal method.
• Remember Banking Hours: Your financial provider will not process transactions outside of their business hours. Try to make your withdrawal requests during banking hours to avoid any delays.

LeoVegas Canada has to follow iGaming Ontario’s strict regulations for Ontario sportsbooks and online casinos. This means that the site can only accept a limited amount of withdrawal methods. Thankfully though, you still have plenty of options to choose from. See a full breakdown of LeoVegas withdrawal methods below:

• Visa/MasterCard: Credit and debit cards are arguably the most popular casino payment methods in Canada. At LeoVegas, they are also great ways to make withdrawals. This is because credit and debit card withdrawals are very convenient. All you need to do is enter your card/bank information. However, you should keep in mind that it’s also one of the slowest ways you can collect your winnings. You will have to wait a minimum of 48 hours for your withdrawal requests to be processed. Visa/MasterCard transactions also have relatively low limits. You withdraw a maximum of $2,000 per transaction.
• Interac e-transfer: LeoVegas allows you to send money directly to and from your bank account via Interac e-transfer. This Canadian payment platform is just as convenient as Visa/MasterCard. It’s also accepted at the vast majority of banks in Canada, which makes it available for most players. You can use Interac in all of Canada. There is a $10 minimum withdrawal requirement and a $3,000 maximum limit per transaction.
• Ewallets: MuchBetter and Apple Pay are two of the most popular ewallets in Canada. You can use them in place of your bank for secure transactions that are faster than bank transfers. However, you will have to create an account and link your bank to MuchBetter, so it is slightly less convenient if you don’t plan on using MuchBetter for other things. Additionally, MuchBetter is only available outside of Ontario, while Apple Pay is only available in Ontario.

If you want to see some sportsbooks with more options than LeoVegas has, check out our dedicated withdrawal time pages:

Now that you’ve seen which methods you can use, let’s look at some popular withdrawal methods that are unfortunately not available at LeoVegas Canada:

• Cryptocurrency: Ontario does not allow betting sites to accept any other currency apart from Canadian dollars. This means betting with crypto is not allowed in Ontario and that you cannot use Bitcoin, Ethereum, or other popular cryptocurrencies at LeoVegas Canada.
• Prepaid Cards: NeoSurf, PaySafeCard, and other prepaid cards are a great way to fund your sportsbook account securely and quickly. NeoSurf is available for deposits at LeoVegas, but you cannot use it and other prepaid cards for withdrawals.

As you can now see, LeoVegas withdrawals are super simple. Unfortunately though, there are not many available methods and ones that are available are not super fast. LeoVegas’ limited withdrawal methods means that you will have to wait at least two business days for most of your withdrawals. This is longer than many other sites, but fairly normal for Canadian betting sites, so it’s not too disappointing.

Overall, LeoVegas Canada is a very good betting site with convenient withdrawal options that are comparable to other top sportsbooks.