Getting your winnings out of a foreign bookmaker and into your Irish bank account is straightforward once you know what to expect. The key steps are the same across all regulated sites: your account must be verified, your balance must exceed the minimum withdrawal threshold, and you must use a payment method that matches how you deposited. This guide covers the full process, including timelines, fees, and the tax position for Irish players as of 2026.
Available Withdrawal Methods
Foreign bookmakers licensed in the EU offer a wide range of withdrawal methods for Irish players. The most commonly available options are:
| Method | Typical Timeline | Fees | Notes |
|---|---|---|---|
| Bank Transfer (SEPA) | 1–5 business days | Usually free | Safest option; works with all Irish banks |
| Revolut | 0–24 hours | None | Fast and widely supported; requires prior deposit |
| PayPal | 0–24 hours | None from bookmaker | Not accepted at all foreign sites |
| Skrill / Neteller | 0–12 hours | May apply on transfer to bank | Reliable for high volumes |
| Debit Card | 3–5 business days | Usually free | Must match deposit card |
| Cryptocurrency | Minutes to hours | Network fees only | Available at select operators |
Step-by-Step Withdrawal
Before attempting your first withdrawal, confirm that your account is fully verified (KYC complete) and that there are no active bonus wagering requirements on your balance. Unmet wagering requirements will block withdrawals on the portion of funds subject to bonus terms.
- Log in and navigate to the Cashier or Payments section of your account.
- Select Withdraw and choose your preferred payment method from the list of available options.
- Enter the amount you wish to withdraw. Check the minimum and maximum limits shown on screen.
- Confirm your payment details — for bank transfer, enter your IBAN. For e-wallets, your registered email or account ID. Ensure these match the details you deposited with.
- Submit the request. Most bookmakers send a confirmation email immediately. Some require email confirmation before processing begins.
- Wait for processing. The bookmaker's internal processing time (often 0–24 hours for verified accounts) is separate from the payment network's transit time. E-wallets and Revolut are typically fastest.
If your withdrawal is delayed beyond the stated processing time, contact the bookmaker's support team. Regulated operators are required to process withdrawals promptly — delays beyond 5 business days without explanation should be escalated to the bookmaker's support management or, if necessary, to the MGA's player support function.
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Visit Betlabel 18+ | Gambling involves risk | Play responsiblyTax and Currency Considerations
Betting tax for Irish players: Irish tax law does not impose income tax on betting winnings received by players. Gambling winnings are not classified as earned income or capital gains for ordinary recreational or even regular bettors. The betting duty that applies in Ireland is paid by the bookmaker — not passed on to players as a deduction from winnings. This applies equally whether you bet with an Irish-licensed bookmaker or a foreign one operating legally in the EU.
It is important to note that this refers to betting winnings specifically. If you fund your betting account using cryptocurrency, and the value of that cryptocurrency has increased since you acquired it, you may have a capital gains tax liability on the crypto gain itself when you sell or convert it. The betting winnings on top of that are not separately taxable. If your situation is complex — for example, if betting constitutes a significant portion of your annual income — consult a qualified Irish tax adviser.
Currency: All of the foreign bookmakers we cover operate EUR accounts, which matches the currency most Irish players use. There are no conversion costs when withdrawing EUR from an EU-licensed bookmaker to an Irish EUR bank account. If you are using a multi-currency account (such as Revolut) that holds GBP or another currency, be mindful of which balance the funds arrive in and whether an automatic conversion occurs.
Related Pages
- How to Register at a Foreign Betting Site — complete guide hub
- Payment Methods at Foreign Bookmakers — full overview of deposit and withdrawal options
- Fastest Withdrawal Bookmakers — sites rated for payment speed
- Betting Tax in Ireland Explained — detailed legal guide
Frequently Asked Questions
How long does a withdrawal from a foreign bookmaker take?
Timelines vary by method. E-wallet withdrawals (PayPal, Skrill, Neteller) are typically processed within 0–24 hours. Revolut and similar app-based payments usually arrive within a few hours to one business day. Bank transfers to Irish accounts take 1–5 business days depending on the bookmaker and your bank. Debit card withdrawals typically take 3–5 business days.
Can I withdraw to a Revolut account from a foreign bookmaker?
Yes — most major foreign bookmakers accept Revolut for both deposits and withdrawals. Revolut acts as a standard EUR bank account for this purpose. Withdrawals to Revolut are typically fast (same day or next day) and there are no additional fees on the Revolut side for standard transfers. You must have deposited via Revolut (or a linked card) at some operators before you can withdraw this way.
Do I pay tax on betting winnings in Ireland?
No. Irish players are not subject to income tax or capital gains tax on betting winnings in the ordinary course. Gambling winnings are not classified as income under Irish tax law. Betting duty is paid by the bookmaker, not the player. If you are betting using cryptocurrency and selling crypto at a gain, capital gains tax rules may apply to the crypto gain — but not to the betting winnings themselves. If in doubt about your specific situation, consult a tax professional.
What is the minimum withdrawal amount at foreign bookmakers?
Minimums vary by bookmaker and payment method but are typically €10–€20. Some bookmakers set higher minimums for bank transfers (€20–€50) while keeping e-wallet minimums lower (€10). Check the cashier section of each bookmaker for current limits. There is generally no maximum on withdrawals, though very large amounts may require additional verification.
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