Sports Betting Sites That Accept E-Check
One of the main concerns with online sports betting is figuring out ways to place bets and get paid, this will hopefully make things a bit easier for you. Here are sports betting sites that accept e-check as payment. E-check is a payment method that involves money being electronically removed from a bettor’s checking account and transferred to the checking account of the betting company being used. It works the same way for collecting your winnings. MyBookie, XBet and a slew of other betting sites accept E-Checks as payments. These sites are secure and have a good track record of allowing users to safely place their bets when using E-checks.
The processing of E-checks is similar to paper checks, only much faster. Unlike a paper check, with E-checks a sports bettor fills out the information electronically, saving a lot of time and paper. In order to begin using E-checks, the first thing a sports bettor needs is a checking account. Then you simply connect your checking account with your online sports betting account and you are good to go. The betting sites just need your checking account number and your routing number, making it an easy transaction between sports betting and collecting winnings. This makes E-checks one of the best 2021 sportsbook deposit methods.
Benefits of Using E-Check to Deposit into Online Sportsbooks
There are many benefits to using E-checks as a payment method for sports betting. These range from cost effectiveness to ease of use. We’ll go through them here, for your reading pleasure:
Cost-Effectiveness - While some payment methods tend to have a transaction fee attached to it, most sites allow E-checks without the added fees. This saves the sports bettor a lot of money over time, money that can be used to wager on your favorite teams. With E-checks, you can simply deposit money into your sports betting account and be on your way, no toll booths in place.
Safety And Security - There is little risk of identity theft or your money being stolen as the only information that is being shared is your checking account number and your routing number, same as if you were paying a bill, and these sites have a good track record of protecting their sports bettors. This sense of security means that you can fully focus on placing your bets without any more added.
Simplicity - Probably the best benefit of using E-check is how simple the process is. If you have a checking account, you will be able to use E-checks. It is that simple. You upload your checking account information and routing number, then deposit as much money as you intend to use for betting, then you are on our way. When it comes to sports betting, the best bet is usually to go the simplest route, and betting with E-checks follows that same mantra.
Drawbacks of Using E-Check to Make Sportsbook Deposits
E-Checks as a sportsbook deposit method do tend to come with some significant downsides, which range from speed, to whether or not the sportsbook accepts them, to running up against UIGEA. We break them all down here:
Can Be Slow To Process - One key disadvantage that comes with using E-checks for sports betting is the speed or lack thereof when it comes to processing withdrawals. Although it is faster than using paper checks, it is still slower than other methods like cryptocurrency for example. It can take anywhere from 24 to 48 hours to process an e-check payment, making the process of constant betting significantly stifled. If your goal is to quickly place bets and collect winnings, you may want to look at a different method.
Some Sportsbooks Do Not Accept Them - Another disadvantage would be finding sites that accept E-checks. Many sports betting sites do not accept E-checks as a payment method. This means that in many instances you are limited in the sites you are able to use, and that may discourage some sports bettors from withdrawing in this fashion. Before placing any bets, be sure to research the site you are using to see which payment methods they accept. Here we will make that research just a little bit easier for you.
UIGEA - Ultimately, the key problem that comes with using E-checks is the looming possibility of your E-check bouncing. Thanks to the Unlawful Internet Gambling Enforcement Act (UIGEA) many banks will block any transaction that is linked to sports betting. In short, UIGEA prohibits companies like banks from knowingly accepting any payment that can be associated with online gambling, therefore many banks will automatically deny any attempt at linking your bank account with a sports betting site. Generally, this will depend not only on the bank you are using, but the website you are using. Some websites are more lax than others when it comes to deposits, as are some banks. You can try other online sportsbooks if one doesn’t pan out.
E-Check Sportsbook Deposits Overall
E-Checks can be a good way to get your money into online sportsbooks, although they are rarely the best way. Generally, when picking a transaction method, it is best to focus on what matters to you, whether that be speed, fees, time spent, or how it feels to use the platform. E-Checks are fairly middle of the road as far as deposit options go. They can take some time to process, but in exchange, they tend not to have fees applied to them. They might be flagged under the UIGEA, but they are very simple to use. If you’re looking for a simple, cost-effective way of transferring money into an online sportsbook, and you’re willing to live with the potential downsides, E-Checks stand out as a stellar option.
|Sportsbook:||Minimum Deposit:||Maximum Deposit:||Fee:||Processing Time:|
E-Check Sportsbook Withdrawals
Requesting an eCheck to make a withdrawal on an online sportsbook is simple. Bettors must know their routing numbers from their bank account in order to do so. This is so that once the transaction is completed, the funds go directly back to your bank account. The main thing to know when withdrawing money from your account is that there are withdrawal fees and processing times to look out for as well.
|Sportsbook:||Minimum Withdrawal:||Maximum Withdrawal:||Fee:||Processing Time:|
|$50||$500||$50-$200: $5 fee
$201-$500: $15 fee
|7-10 Business Days|
|$50||$500||$50-$200: $5 fee
$201-$500: $15 fee
|7-10 Business Days|
Best Sportsbooks That Welcome E-Check Deposits
If you’re ready to start placing your bets and wish to use E-checks as your primary writing method, then these sites will be a perfect place for you to get started. MyBookie and XBet are two very popular sports betting sites for US players that have a wide array of events for you to bet on. And with these sites, you have a good variety of payment methods to use, including E-checks.
Both of these websites serve as excellent online sports betting options for all gamblers, from the novice to the experienced. One thing to note is that, while these sportsbooks do accept e-checks, not all sportsbooks will. If you are dead set on using e-check, understand that you might have your ability to shop lines diminished. Similarly, you might not be able to qualify for the biggest deposit bonuses, which tend to use bitcoin and other cryptocurrencies as a condition for application.
MyBookie Sportsbook Review
If sports betting is your thing, and E-checks is your method, then look no further than MyBookie. Although my bookie is relatively new, the site has managed to garner a good amount of popularity in its short lifespan. MyBookie allows sports betting in all but three states, those states being New York, New Jersey, and Nevada. If you are a resident of any of the other 47 states and are of the legal age of 18, you can easily create an account and begin placing your bets. In order to use E-checks, you simply need your checking account number and the routing number and to link that with your sports betting wallet.
MyBookie has a wide range of sports for bettors to wager on. That includes football, basketball, baseball, and hockey; they even have options for betting on Esports. MyBookie is a one-stop-shop for all your sports betting needs. MyBookie has plenty of bonuses available to its users. For starters, with the promo code MYB50, all newcomers get a 50% deposit matching for their first deposit, so long as the minimum deposit is $100. If your deposit is less than $100, MyBookie will still match it by 25%. The maximum match bonus is $1,000. MyBookie also has a 25% reload bonus for existing sports bettors with the promo code MYB25.
XBet Sportsbook Review
XBet is a popular site that has a multitude of payment methods. They accept E-checks at $100 minimums and $2,500 maximums. In order to use E-checks, you simply need to link your checking account to your online sports betting account. All you need to do so is your checking account number and your routing number. XBet is a site with a lot of betting options. Whether you wish to bet on football basketball or even hockey and soccer, XBet is the home for you. XBet is a popular site with a strong client base that has a lot to offer any novice or extreme sports bettor.
XBet offers a large number of bonuses for both new and existing sports bettors. Their most popular promotion is their sports sign up bonus. XBet offers bettors up to $300 in free money the first time they make a deposit. Using the promo code XB100, XBet will reward you with a 100% match upon your initial deposit. XBet is one of the best places to do our online sports betting and is open to everyone who wishes to wager using E-check as their payment method.
Best Online Sportsbooks That Accept E-Checks
|E-Check Betting Sites||New U.S. Player Bonus||Go To U.S. Betting Site|
|Review||50% Up To $250|
|Review||50% Up To $1,000 NEW!|
|Review||50% New Member Bonus!|
|Review||50% Up To $1,000 NEW!|
|Review||100% Up To $300|
|Review||100% Up To $500 NEW!|