How to Deposit Funds to an Online Sportsbook
Depositing funds into your Sportsbook account for the first time can be a daunting task. With so many options available but not all Sportsbooks accepting all the different payment methods, it is best to check with the Sportsbook operator first to find out the most efficient and easy method for you.
All the Sportsbooks will have a help section on their website along with a dedicated deposits and withdrawals section. Here you’ll find out which methods they accept and also any stipulations that go along with each method, i.e. how long each transaction will take and if there are minimum or maximum amounts you can transfer in one go.
We have a list of all the various methods that are generally accepted by US Sportsbooks on our payment options page. You can checkout all the various ways you can deposit and withdraw money there.
The fastest way is nearly always in cash in-person at the relevant casino cage. This method always seems to result in an immediate transfer of funds into or out of your account.
Other fast ways include eWallets such as PayPal or Credit Cards such as Visa or Mastercard. These methods are commonplace throughout America and it is no surprise that Sportsbooks are also taking note and giving customers these options. What should be noted is that these methods often include a fee for the Sportsbook so they’ll usually have a minimum amount you can deposit or withdraw.
BitCoin is fast catching up as a popular way to move money around online and some Sportsbooks are starting to offer this option. Back when it first came around it was thought of by many as a fad that was for computer geeks but in the decade or so since it arrived on the scene, it has slowly become more mainstream. If you are confident with BitCoin and a Sportsbook offers this deposit method then it may well be your best method to deposit funds into your account.
Generally the best plan of action is to have your preferred method of moving money online and find a Sportsbook that offers that. This could be BitCoin, Visa, MasterCard, PayPal or if you aren’t sure of online methods, in person at a casino cage. It is highly unlikely that you won’t be able to find a Sportsbook that offers you a deposit method that you are not comfortable with.