2023 Sportsbook Deposit Methods For US Players
Bitcoin and other cryptocurrencies are the recommended online sportsbook deposit options in 2023 because there are no fees attached to any transactions and payments can be processed instantly for same day betting. Credit and debit card deposits are one of the most widely accepted options but have some fees attached to specific online books. While these are the top options, there are still sportsbooks offering deposit methods like bank transfers, P2P services, and other means, ensuring that all players have a way to confidently and efficiently fund their online sports betting account. When using Bovada or other online sportsbooks reviewed on this page, a deposit bonus can be received through every transaction.
Top Deposit Options By Online Sportsbook
| Method | Bovada | BetOnline | MyBookie |
|---|---|---|---|
| Crypto | No fee/$10 min dep | No fee/$20 min dep | No fee/$20 min dep |
| Credit Card | 15.9% fee/$25 min dep | 9.75% fee | 5-6% fee/$45 min dep |
| Bank Transfer | Fees vary/$50 min dep | $45 fee/$500 min dep | NA for deposits |
| MatchPay | No fee/$20 min dep | NA | NA |
How To Fund An Online Sportsbook In The US
Once logged into the desired sportsbook, head to the banking or deposit section of the page. When using Bovada, BetOnline, or other USA online sportsbooks, there is an option to choose one of the many deposit methods, with Bitcoin and Visa being the most popular available. The book will then ask for you to type in how much you want to deposit and the player can either type in the credit card or bank account information for instant transfers, or follow the steps below for crypto deposits.
Steps For Depositing With Cryptocurrency
- Go to your crypto wallet and copy the exact address for the wallet/crypto exchange site holding your crypto (an example would be Coinbase, Binance, Gemini, and others)
- Select crypto at the online sportsbook being used and type in the amount that you are planning to transfer
- Paste the crypto address that was copied into the sportsbook as the crypto payment method and confirm the transaction request
- Watch the funds hit your sports betting account within minutes
Pro Tip For Purchasing Crypto For The First Time
- When buying crypto, use an exchange site that doubles as a wallet like Coinbase or crypto.com.
Online Sportsbooks Taking Cryptocurrency In 2023
The top online sportsbooks available in the US accept cryptocurrency transactions because of the security and convenience of the deposit method. Between all of the online books accepting the method, there are over 15 different coins on the table. No matter which online book or type of crypto that is being used, there are no fees attached to any transaction, and deposits are processed instantly. Some of the biggest maximum deposits can be found through online sportsbooks that accept cryptocurrency, with max deposits of $500,000 at BetOnline.
Maximum Deposits Accepted By Crypto Sportsbooks
- Bovada – $5,000
- BetOnline – $500,000
- MyBookie – No Limit
- SportsBetting – $500,000
- Xbet – No Limit
Cryptocurrencies Available At Online Sportsbooks
- Bitcoin
- Bitcoin Cash
- Bitcoin SV
- Litecoin
- Cardano
- Stellar Lumens
- Apecoin
- Tether
- Solana
- USD Coin
- Avalanche
- Ethereum
- Binance Coin
- Chainlink
- Dogecoin
Pro Tips For Making Crypto Sportsbook Deposits
- Nothing beats Bitcoin sportsbook deposits, as the method is accetped by all of the top online books and allows the biggest maximum deposits with no fees for any transactions.
- Cryptocurrency allows secure and stress-free sportsbook deposits at internationally regulated sites following the UIGEA regulations set in 2006.
Crypto Sportsbook Deposit Bonuses
All of the top betting sites offer different sportsbook bonuses for US players, with many options available when using crypto to fund your account. These bonuses tend to be bigger than credit card or bank transfer deposit bonuses because most online books push crypto as the top deposit option. Along with having more bonus credits available, there are no fees attached to crypto deposits, giving online bettors the chance to receive all of their bonus betting credits. The top crypto sportsbook bonuses for new players can be found below:
| Sportsbook | Deposit Match | Max Bonus Credits | Rollover |
|---|---|---|---|
 |
75% | $750 | 5x |
 |
100% | $1,000 | 14x |
 |
50% | $1,000 | 10x |
 |
100% | $1,000 | 14x |
 |
50% | $1,000 | 10x |
Online Sportsbooks Accepting Credit/Debit Card Deposits
There are many credit/debit card sportsbooks that offer secure, simple and fast deposits for all US players. There are options for depositing with Visa, Mastercard, Discover, and American Express cards at most books. The fees and limits for each type of credit/debit card accepted by online books for US players can be found below:
- Visa Sportsbooks – Visa is the most common type of credit/debit card accepted by online sportsbooks in the US and is a reliable way to fund a betting account. The fees range from 0 to 15.9% per transaction and the deposit method has a range of $20 to $2,500 for deposit limits.
- Mastercard Sportsbooks – Mastercard is another commonly accepted card for state regulated and internationally regulated online sportsbooks. Fees for this deposit method also range from 0 to 15.9% and the minimum deposit is $20 with a maximum deposit limit of $2,500 for most online books accepting the deposit type.
- Discover Sportsbooks – Discover credit/debit cards can be used to fund an online sportsbook bankroll within 24 hours with fees ranging from 0 to 15.9%, depending on the book. Deposits with this method allow a minimum amount of $20 with a maximum amount of $2,500 for every transaction.
- American Express Sportsbooks – While not universally accepted by online sportsbooks in the US, there are still many options for bettors wanting to use this option. BetOnline is one of the top books accepting Amex deposits and charges 9.75% in deposit fees with a range of $25 to $2,500 for all American Express deposits.
Pro Tip For Making Credit/Debit Card Deposits
- Use prepaid card sportsbooks as an alternative to credit cards, to eliminate the minimal risk of the transaction being denied (make sure to use a prepaid card that supports international purchases).
Online Sportsbooks That Accept USA Deposits
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.
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.
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.
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.
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.
Online Sportsbooks With Peer To Peer Deposit Methods
Bovada is the best option for making deposits through a P2P service because they have a secure marketplace-like service called MatchPay that allows players to fund their accounts. When using online MatchPay sportsbooks to fund an account there are no fees and the deposit methods allow a minimum of $20 and a maximum of $2,000 for each transaction. The same P2P apps that can be used through MatchPay can also be used to deposit directly into FanDuel, DraftKings, and other state regulated online books for players in select states.
P2P Apps For Sportsbook Deposits
Depositing 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. Players 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 A 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).
Making Cashier's Check Sportsbook Deposits
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 cashier's check sportsbooks, 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.
Deposit Methods For FanDuel And DraftKings
When using state regulated online sportsbooks like FanDuel or DraftKings, credit/debit cards are typically the recommended deposit method. Some of these betting apps in the US also offer quick deposits with P2P payment services like PayPal or Venmo. Cryptocurrency deposits are not currently accepted by sportsbook apps.