Cashier's Check Sportsbooks
Cashier’s checks are one of the most common traditional finance methods for deposit at online sportsbooks. These are as simple as it gets – you fill them out and send them over to the sportsbook. Some sportsbooks do require you to be a member in good standing before they are willing to accept your Cashier’s Checks, and many sportsbooks offer it as a withdrawal method more than they do as a deposit method. Still, for many bettors, the ease of use and understanding that comes with Cashier’s Checks sportsbooks is worth the added fees and time spent.
Cashier’s Checks For High Rollers
BetOnline is one of the top online sportsbooks on the market, and they take Cashier’s Checks with ease. You can deposit up to $10,000 with BetOnline when you use a Cashier’s Check. You also are required to undergo a special procedure when you do check deposits with BetOnline, a process that requires you to contact support and go through the steps they require, as they tend to prefer big spenders use crypto.
Now Accepting Cashier’s Checks
SportsBetting.ag does accept Cashier’s Checks, although there are a few hoops you have to jump through in order to use them. First, you have to be a member in good standing. From there, you have to contact support and give them a very good reason (something along the lines of “I have to deposit a lot of money) for them to let you use Cashier’s Checks for your deposit. They will do it, they just prefer you use other methods if possible. This also means you can’t get their excellent crypto bonuses when you deposit via check.
Step By Step Guide To Betting On Sports With Cashier's Check
Since only BetOnline and SportsBetting offer Cashier’s Check deposits, we’ll cover how to deposit at these websites. Procedures may be different at other websites if they decide to offer Cashier’s Check deposits in the future.
- Click on the deposit button
- Select Cashier’s Check
- You will be connected with a support representative (you can also just start here by talking to support, it will have to happen anyway)
- Support will walk you through the Cashier’s Check deposit process
- Follow their instructions, send the check to their requested address
- There is not a specific timeframe in which they expect to process checks, due to the vagaries of international mail
- When your check is processed, your account will be credited, and you can start betting.
Depositing Into A Cashier's Check Sportsbook
When you follow the instructions above, there are some things that you should know about the check deposit process that will inform your decision to go through with it or not. These things include sportsbook deposit limits, deposit fees, and deposit time.
BetOnline Cashier’s Check Deposit Info
|$1500||$10,000||No Fees||Undisclosed, generally up to 10 days|
SportsBetting Cashier’s Check Deposit Info
|$1500||$10,000||No Fees||No official time, usually takes about 10 days|
Cashier's Check Sports Betting Bonuses
When you use a Cashier’s Check, you will be eligible for the same kind of sports betting bonuses that are available for any other deposit method. What you will not have access to are the cryptocurrency bonuses, which tend to be more generous at many online sportsbooks. This is a significant downside of using traditional finance when you bet at online sportsbooks. You’ll notice these bonuses are similar at both BetOnline and SportsBetting. This is because they are sister sportsbooks.
Cashier’s Check Bonuses At BetOnline
|50% Sports Welcome Bonus||BOL1000||50% Matching Up To $1,000 On First Deposit||10x|
|25% Sports Reload Bonus||LIFEBONUS||25% Matching Up To $250 On Reloads||6x|
Cashier’s Check Bonuses At SportsBetting
|50% Sports Welcome Bonus||SB1000||50% Matching Up To $1,000 On First Deposit||10x|
|25% Sports Reload Bonus||FORLIFE||25% Matching Up To $250 On Reloads||6x|
Can I Get Sportsbooks Winnings Paid Out In Cashier's Check?
Easily. Cashier’s checks are actually far more of a withdrawal option at many sportsbooks than they are a deposit option. Well, mostly they just use checks, but that’s functionally the same thing in this case.
Check Withdrawals At Online Sportsbooks
|Bovada||$100||$3,000||$100||10-15 Business Days|
|BetOnline||$500||$2,500||$50 below $1500, 3% above $1500||7 Business Days|
|SportsBetting||$1,500||$2,500||$50 below $1500, 3% above $1500||7 Business Days|
Can I Deposit Cashier's Check But Withdraw In Crypto?
You cannot deposit in Cashier’s Checks but withdraw in cryptocurrency. Cryptocurrency withdrawals at online sportsbooks have to go to the crypto wallet associated with the deposit into the account. If you deposited with a Cashier’s Check, you did not have a crypto wallet associated, so you cannot withdraw in crypto. They do this so that people are not able to use them as an unregulated crypto exchange, and launder money.
Pros Of Cashier’s Checks For Sports Betting
Pros For Using Cashier’s Checks
- Great for high rollers
- Sportsbook pays for your postage via reimbursements
- Solid bonuses available
- Easy to use and understand
- Common traditional finance sportsbook deposit method
Cons For Using Cashier’s Checks
- Only available at some sportsbooks
- Withdrawals come with fees
- Very time intensive to both deposit and withdraw
What Is A Cashier’s Check And Why Would It Be Used For Sports Betting
A cashier’s check differs from a personal check in one important way – it is drawn against the account of the bank issuing it rather than the account of the person sending it to you. This means that you can be 100% sure that a cashier’s check will not bounce. In the early days of sports betting, this method was used to ensure that there were no payment issues between sportsbooks and customers.
Now, however, there are other options available, such as cryptocurrency, which accomplish the same thing – safe, secure and trackable transactions – without the added fees that a bank may charge for the issuance of cashier’s checks. As such, their use in sports betting contexts has declined significantly.
Even before the advent of crypto, wire transfers and money orders were used to accomplish similar feats to cashier’s checks in terms of sending money internationally with little risk of bouncing checks or fraud. Cashiers checks tend to have significant fees applied from both banks and sportsbooks – Bovada, for example, has a $100 flat fee if you request a cashier’s check withdrawal.
Are Online Sportsbooks That Accept Cashier's Check Legal?
Online sportsbooks that take Cashier’s Check are very legal, and you can easily find them both in the state-regulated markets and in the internationally regulated markets. Internationally, BetOnline and SportsBetting take Cashier’s Check deposits, while Bovada offers withdrawals via checks, as do the aforementioned sportsbooks. These are absolutely legal USA sportsbooks, since the US goes after sportsbooks, not sports bettors.