Sportsbook Deposit Methods For US Players
So, you’ve made the decision to use one of the many offshore sportsbooks, but are unsure of the sportsbook deposit methods for US players. Luckily, you have us ready to give you the information you need. We have comprehensively examined in detail every method of deposit you could use to place bets at any offshore sportsbook. The types of deposit methods boil down to a few basic categories. The first and most popular funding option is the use of major credit cards, debit cards, and prepaid cards.
Second, there are various forms of wire transfers that players can use, from services like Western Union and MoneyGram to standard bank wires. Newer deposit methods for U.S. players include cryptocurrencies like Bitcoin and other altcoins, all of which are extremely fast and reliable. Finally, money orders and cashier’s checks are other solutions that some sportsbooks accept for the funding of your account. Below, you can find our exhaustive analysis of several of the main U.S. deposit methods available across the best online sportsbook sites.
Best Online Sportsbooks For Easy Funding
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|Review||50% New Member Bonus!|
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What Is The Best Option For Me?
When it comes to getting your money into a sportsbook, the options are nearly limitless. After all, the sportsbooks want you to use them and deposit money, and so they make it as easy as possible. That said, some methods will come with more potential pitfalls than others. Credit card payments can be stopped via the UIGEA, while prepaid cards tend to come in relatively small increments. Many of the other methods have fees attached to them as well. One thing that is worth noting is that the online sportsbooks have been moving heavily towards cryptocurrency as a preferred method of deposit. They offer serious bonuses for people that use cryptocurrency when they sign up, and they also do not charge fees on crypto transactions. If you’re looking to get the most bang for your buck, you might want to check out cryptocurrency.
Online Betting Sites That Accept VISA Card
VISA is one of the most commonly accepted forms of deposit methods for players in the United States. Online sportsbooks taking USA players routinely choose VISA as their primary choice of funding for credit cards, as they are accepted all over the world. Visa cards make for quick and easy means to deposit your money into legal offshore sportsbooks. Most sportsbooks have a $20 to $5,000 deposit range for Visa (both credit and debit), plus a deposit fee of up to 6%. Keep in mind that your bank may charge an additional fee if your card is not authorized for international purchases.
Sports Betting Sites That Welcome Mastercard Deposits
Mastercard is another major credit card and is an accepted method of deposit at sports betting sites taking USA players. However, it is not as widely accepted as VISA. Some sportsbooks that accept MasterCard will accept this form only after trust is established, and they know you are a reputable wagerer and user of their website. Each sportsbook will have different deposit and wager limits when it comes to MasterCard, but generally, they sit around $3-5000. Beyond this, there are fees that tend to be applied to credit cards, which generally sit in the 5-6% range.
Using American Express To Deposit Into Online Sportsbooks
American Express is the third and last of the major credit cards that can be accepted at online sportsbooks, though of the three, VISA and Mastercard are more widely accepted as a general rule. Limits for AmEx are lower than other credit cards, and there are higher fees. Expect to deposit no more than $2,500 and potentially pay a transaction fee of up to 10%. Though not as popular, American Express is still a viable funding method at many of the best sites for U.S. online sports betting. Some sites will not advertise that they accept American Express, but exceptions may be made for established players, so contact your sportsbook’s customer service representative to find out for sure.
BitCoin Sportsbook Deposits
One of the newer funding methods for USA players to deposit into online betting sites is a digital currency called Bitcoin, and it's not affiliated with any country's economy. The basic gist of Bitcoin is that it is a currency based on limitation – only 21 million of them will ever exist, and it incentivizes adoption in this way, as well as being a wholly decentralized, internet-based currency option. It has its own value – similar to a commodity, almost, as people purchase it as an investment - and is gaining steam with some of the biggest online merchants as a primary payment method. Bitcoin is accepted by several of the most trusted bookmakers taking US residents. Bookmakers typically accept anywhere from $10 to $25,000 in crypto without any added fees (beyond the tiny transaction fees built into the blockchain technology powering these alternative payment methods).
Cryptocurrency Sportsbook Options
Online sportsbooks accept a variety of cryptocurrency options outside of just Bitcoin. The proliferation of crypto at online sportsbooks has also allowed these sportsbooks to accept many cryptos, and offer great bonuses for using each of them. The most used cryptocurrency remains Bitcoin, which is accepted at all international online sportsbooks.
Cryptocurrencies Available At Online Sportsbooks
Purchasing Cryptocurrency For Sportsbook Use
Cryptocurrency can be purchased on crypto exchanges, but the last few years have made the process much easier. Buying and selling crypto now is easy, with dozens of apps built to do so. For Bitcoin, the preferred option for most people is Cash App, which is not fully focused on crypto, but features an easy user interface and quick cashouts that allow you to cut out a lot of the mess of crypto exchanges. However, CashApp is only available for Bitcoin users, and other cryptocurrencies will require you to use an exchange like FTX or Binance to put the crypto in your wallet first.
Crypto Sportsbook Bonuses
At many international sportsbooks, crypto is the preferred method of deposit. Due to this, they tend to offer increased bonuses and other perks to those who deposit with cryptocurrency. For example, the online sportsbook Bovada ups their first deposit bonus from $250 to $750 if you deposit with crypto – without changing the 5x rollover. BetOnline, another online sportsbook, doubles their non-crypto deposit bonus when you deposit with crypto. In addition, even sportsbooks without explicit crypto bonuses do not apply any additional fees to crypto usage, making it a premium option no matter where you’re betting.
Funding Sports Betting Account With MoneyGram Wire Transfers
A MoneyGram transfer is a fast and convenient way to send a deposit from the payer to the cashier at the site. Similar to a Western Union transfer, a MoneyGram takes up to 30 minutes from the time the account holder sends the funds to the time it's received and deposited. Players should be mindful of any fees that come with transferring on the part of the sender, as most sportsbooks will not have any deposit fees on their end for transfers above a certain limit (i.e. $300).
Prepaid Card Deposits Into Sports Betting Sites
A prepaid card is another accepted method of funding a sportsbook account, and this is done in similar fashion to depositing with major credit cards. The time it takes for the money to get into your sportsbook account is about the same as that required for a standard credit/debit card transaction. If you opt to use a prepaid card or Visa gift card to fund your offshore sports betting account, please make sure that these are certified for international purchases. If they are not valid for international purchases, these cards will not work for funding your sportsbook bankroll.
Money Orders / Checks / Cashier's Checks
If you are not someone who wants to use a credit card, debit card, cryptocurrency, or a wire transfer, there are some online sportsbooks out there that support money orders or cashier's checks as methods of funding. Sportsbooks usually do not accept personal checks, but they do tend to accept money orders and cashier's checks. You can deposit up to $15,000 at most books via these methods, and some sites will even refund your express shipping fees. One thing to note is that this will likely be the most painful and slow method of funding your account – you literally have to use international mail services to mail these things. If you need to do it, be our guest, but for most people, there are going to be better ways of funding your sportsbook account.
Online Sports Betting Sites That Welcome USA Deposits
Right below this section, we’ve listed several online sportsbooks that accept USA players and which also have easy deposit methods (plus multiple sportsbook withdrawal methods which are equally as important). These are primarily the same betting sites that you will see on the rest of our pages, and that is because each is an all-around excellent pick for US sports gamblers. In a matter of a few minutes, you can create a new account and fund it using any of the deposit methods we covered in the section above. And if you stick with those deposit methods at our recommended sportsbooks, you’re guaranteed a safe online sports betting experience.
Minimal But Powerful Sportsbook Deposit Methods
Of all the online sportsbooks on the market right now, Bovada is considered to be the top dog amongst them all. When it comes down to their financial methods, bettors have limited options, however, they are all very common. Bettors can make deposits using the simplest forms of payment such as an everyday credit or debit card like Visa, MasterCard, and American Express. Bovada users can also choose from different cryptocurrencies as well such including Bitcoin. There are even online banking methods like PayPal, Zelle, and even Venmo which can make deposits. As for withdrawing, users only have the option of using cryptocurrencies like Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, and Ethereum or by requesting a check.
More Deposit Methods Than Most Top Sportsbooks
BetOnline offers tons of different deposit and withdrawal methods for both new and existing users to take advantage of. They offer both deposit and withdrawal methods with a wide variety of cryptocurrencies such as the mainstream coins like Bitcoin, Litecoin, and Ethereum but also accept smaller coins such as Ripple, Stellar, USD Coin, and Bitcoin Cash. Something else to note is that there are no fees associated with any of these crypto methods. As far as withdrawal methods go, aside from these crypto options, the only other options are wire transfers or a check. As for depositing bettors could use credit and debit cards, money orders, or Person 2 Person.
The Best Sportsbook For Everything
MyBookie is known as one of the leading online sportsbooks when it comes to different prop bets on different sports. Aside from their odds listings, they also offer great options when it comes to depositing or withdrawing money as well. Now, they might not offer the widest selection of financial methods, but they do offer the most popular ones such as credit and debit cards, Person2Person, and different cryptocurrencies as well.
The Most Ways To Deposit, Including Full Crypto Support
SportsBetting, like some of the other online sportsbooks that are out there, offer tons of financial options when it comes to both withdrawing or depositing money into your account. When depositing, there are more than 15 options to choose from, for example, Bitcoin, Visa Card, Wire Transfer, USD Coin, Check, or even Person2Person. As always, upon depositing money into your account, new users can also take advantage of bonuses and promotions that could correlate with some deposit methods.
Excellent Sports Betting Opportunities
When looking for some of the best betting odds that an online sportsbook has to offer, XBet has got you covered anytime and anywhere. Before betting on the sports you know and love though, you have to deposit money into your account and XBet offers plenty of deposit methods to choose from such as debit and credit cards and different cryptocurrencies like as well. When withdrawing funds from your accounts, cryptocurrencies are the most popular option as they are free to both deposit and withdraw.
Deposing With Cash App At Online Sportsbook
As a popular money transfer app, Cash App is a go-to depositing method for many sports betting fans. Fans can deposit with Cash App in three ways, Bitcoin transfers, vouchers, and MatchPay at Bovada. Bitcoin transfers are the more commonly used method at online sportsbooks with Cash App. Cash App allows bettors to purchase Bitcoin directly on the app and create an online wallet as well. Bettors can sent Bitcoin directly from Cash App to online sportsbooks and fund their betting wallets. The voucher and MatchPay options are both P2P methods that involve bettors sending other players funds using Cash App.
Funding Options At State-Licensed Online Sportsbooks
When it comes to betting at the state-operated sportsbooks, your choices will be greatly different than that of offshore sites. Instead of the many choices you will face, making a bet at a physical sportsbook can only be done so with cash (or casino chips). Any use of a credit card or personal check will not be welcomed by the book.
For the books that are state-licensed and online, you do have some more choices. Keep in mind that every state and every sportsbook for that matter is independently operated so your options may include some, all, or none of the following deposit types. With the online platform, credit cards are usually accepted as the most common non-cash method. There are usually no fees for this method and the money is added to your account instantly. Additional methods include check, wire transfer, and PayPal.
PayNearMe is another option that has become popular as of late. Books like William Hill have even partnered with 7-Eleven to allow for bettors to add to their account on the PayNearMe kiosks at stores across the state. In this method, you can access your ticket history, deposit history, and actually add funds to your account but you will not be able to wager on these devices