USA Sportsbook Withdrawals & Payouts
Since 2006 and the introduction of the UIGEA, getting money on and off online for Americans can be a hassle to say the least. Getting your funds online to place bets has become slightly easier, but finding quick and reliable sportsbook withdrawal methods is one of the most difficult tasks a bettor can conquer. You will always get your money but some sites will take up to 3 months before you see that cash in your hand.
When choosing a sportsbook, you need to look for what withdrawal methods are available for Americans. The site may offer a wide array of options, but only a few options will be available for U.S. players. If you are not sure what they are, contact the site and find out. Some criteria to look for when searching for the fastest U.S. sportsbook withdrawals will be any fees attached to specific methods, and more importantly limits to how much you are able to take out at a time. Even the best USA betting sites put a cap on how much players can withdrawal at one time.
What Is The Fastest Way To Get Money Out Of Online Sports Betting Sites?
While there are many quick payout methods that can be used for bettors in the United States, there isn't one better than through a Western Union wire transfer. Most sportsbooks will say that a Western Union transfer can get to a bettor within the same day. This is true because on average the length of time given is between 12 and 36 hours. Even at the latter time, bettors are only looking at less than two days to receive their payout.
Western Union transfer are common payout options for online sportsbook accepting American players. Each sportsbook should have specific information as the the limits set with this method. With 'limits', that is referring to payout minimum and maximum + how many times a payout can be made per week or per month.
Different Types Of Sports Betting Promotions
The information below is a complete run down of withdrawal methods commonly found at betting sites that allow USA players. These options are what you should be looking for when selecting a new online sports gambling website or even at your current online sportsbook.
Check By Mail:
Checks by courier is the most common for Americans, but usually takes the longest. It is simply a check from a payment processor delivered by mail or in some cases a delivery service like FedEx.
A sportsbook transfer is when you send funds from your account to another one on the same site. This isn't necessarily a means to withdrawal but can be used to send money to a friend who can get money off much easier.
A bank wire is a transfer made directly into your bank account form the sportsbook. This method is fairly uncommon for U.S. players but it is by far the quickest.
This is much like a bank transfer but instead of having funds sent into a checking or saving account, you can have cash waiting for you at the nearest Western Union or Moneygram transfer station. These can be some of the fastest sportsbook payments but they can also be some of the most expensive too.
A prepaid card is basically a debit card that is loaded with funds from your sportsbook account and can be used at most ATMs or stores. This method is becoming increasingly popular for its speedy payouts and ease of use plus it is also one of the fastest ways to deposit into online sportsbooks.
Debit Cards :
The potential for a payout to be re-credited on a debit card is available at some sportsbooks. Where available, this is a popular method to use because of its convenience for bettors (in the U.S. in particular). These transactions go right back on the card, and take just a few days to complete the process. It's faster than a check, and typically has fewer fees than a wire transfer.
What You Need To Know... Sportsbook Payouts
While most of the methods listed above are available on a range of sites, there are still certain protocols one must follow to ensure the fastest possible payout. First off, you need to make sure there are no requirements to be met before making a withdrawal. Some sites may make you wait X amount of days after receiving a transfer from another player or make you bet a certain amount if you received a bonus. These are just some of the limitations you may run into, so it's best to check with site support to make sure.
The next and most important step you need to take is making sure your identity and that you are the legal age to bet on sports are verified through the site. Most sites will not allow you to request a withdrawal until you send in specific documents to verify yourself. In most cases it is usually the front of your government I.D. and a current utility bill. This process usually only takes a day or so to complete, but once finished you should never have to do it again. Your best option is to complete this process as soon as you sign up for a site. Payout speeds will vary between sites and some are much faster than others. The sportsbook described below is known for super fast payouts and is recommended for American players.
Get Fast And Reliable Payouts From Bovada - Checks, Wire + Bank Transfers
Bovada Sportsbook is one of the few remaining American facing sites. If you are not familiar with the Bovada name, you should know the name Bodog. Bovada is an extension of the world renowned Bodog and was set up to serve U.S. players, but allow players from around the world. They're are known for having a great platform and their speedy, reliable payouts for American bettors.
The easiest method to withdraw your winnings of Bovada is by requesting a check. A maximum of $3,000 can only be requested at a time and you get one free check per month. It will usually take up to 3 weeks for the check arrive in the mail, which is pretty quick compared to most American facing sportsbooks. For faster payouts, you may request a wire transfer. This option is not available for all players however and is issued on a case by case basis. If you are eligible for wire transfers, you should receive funds in less than a week. There will also be a small fee attached to the withdrawal, but is well worth it considering you get your funds very fast.
Along with speedy payouts and a great interface, Bovada also offers sportsbook deposit bonuses to their American members. First time depositors will receive a 50% bonus up to $250. The bonus clears by wagering 3 times the bonus and initial deposit amount. This is one of the easiest bonuses to clear in the industry. There also various promotions that will run throughout the year. Depending on what sporting event is going on at the time will determine what promotions will run. Check the site regularly so you don't miss out on any free best or extra cash.
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