We know you are dying to get your sports bets in. Luckily you landed on the right page. There are so many online sports betting sites out there, and not all of them can be trusted.
When it comes to betting sports online, picking the winners matters. But before you start picking the winners you first must deposit money into the site. We want you betting on sites where the process of depositing money is easy and fast. You are looking for methods that are crystal clear.
We don’t want you to feel overwhelmed when joining a site. Think of this page will as your personal catalog to understanding your banking options in an online sports casino. Every site will offer different options to deposit and withdraw the money.
You want to be sure you are aware of any fees or time delays that may be included. You want to compare the different options so you know what works best for you. Let us explain a number of these options in the following sections.
The first step to placing your sports bets online is loading your money into the sites account. You will generally see a few options to deposit. Read through the choices and choose the option that meets your needs.
Most people have a credit card so this a very common method to deposit money. Not every credit card company allows deposits into online casinos. Not every online casino accepts all credit cards.
Mastercard, Visa, and American Express are widely accepted in the online gaming industry. Because such a large percentage of the customers will have a credit card handy at all times, the online sites want to make it easy for that customer to deposit.
As consumers, we use our plastic cards in our wallets for many of our purchases. It has become the norm. The online sites want you to feel like depositing money into their site is part of the norm. It’s safe and can be trusted just like when you swipe your card for groceries or pay your cable bill online.
Neteller is another popular form of transferring money on and off the online betting sites.
Essentially a third-party payment processor for the sites and the consumers, Neteller has been around since 1999. It is known as a reliable method to deposit and withdraw funds online thanks to its flexibility. They accept and deal with 26 different types of currency and offer over 40 ways to get funds into your account. It’s safe to say that with Neteller, your betting experience won’t let you down.
PayPal can also be a viable option-if outside the United States. Most countries allow PayPal as an acceptable source of banking. Transferring money from your PayPal account into the online betting site is a trusted method to deposit and withdraw funds. The fact that so many major brands and companies associate and accept PayPal allows consumers of the sports betting sites to sleep well at night knowing their personal banking information is protected.
Some sites will allow you to directly transfer money from your bank account into their site. Using your banks’ routing number and your account number will do the trick. Be aware that some banks block transactions into potentially unregulated online gambling sites.
The bank transfers are a popular option. We can simply choose the amount of money we want distributed back into our bank account and we click the withdraw button. Some sites are able to complete this process within 24 hours.
Before initiating a bank transfer of funds back into your bank account, you will need to provide the site with bank information and in some case personal documents as proof. A utility statement or debit card statement may be asked for by certain sites.
People who don’t own a credit card or are dealing with a site that doesn’t accept credit cards-money transfers from your bank may be your best alternative option.
Bitcoin is becoming more popular and well-known. It wasn’t long ago when nobody even knew what bitcoin was. Fast forward to 2018 and sports betting sites are taking notice of the trend. The audience that is interested in betting sports online crosses over into the audience that has taken interest into the cryptocurrency that is bitcoin. Sites are realizing that allowing bitcoin as an acceptable form of depositing funds into your account is something the younger generation of bettors craves. The sites want you to continue betting so adapting to the changing society is part of the process.
A newer form of getting money on and off your online accounts is the B2B, or book-to-book transfers. Check with each site on their cashier page to see if they accept B2B transfers and if so, which sites are allowed. Let’s say you use three different sites to do your online sports betting. Rather than initiate deposits and withdraws, you can simply transfer money from one site to another.
Imagine wanting to bet on the Los Angeles Lakers +5 on the site you have opened. You see the Lakers are +5.5 on another site but you don’t have any money on that site and the game is starting soon. Book-to-book transferring saves you! Quickly transfer the amount you want to bet over and you don’t miss out on that extra half-point.
EcoCard is another form of a third-party payment processing company helping users get money onto their online sports betting accounts. Some sites do not accept credit card deposits or bank transfers so this option is a nice addition. EcoCards are nothing more than a prepaid card that is used to transfer money online. Applying for these cards is free and takes little time.
Once you have money loaded onto your EcoCard, you simply load your EcoCard into your account on the sports betting site. At this point, the only thing left is pick the winners!
Known as MoneyBookers until 2013, Skrill is an e-commerce business similar to other third-party payment processors. Skrill makes transferring money from your wallet into online sports betting sites fast and easy. Based in the United Kingdom, Skrill accepts customers from a horde of a countries.
The reason you can feel safe knowing your credit card information will be secure while depositing online is thanks to the third-party payment protector companies. These virtual companies make sure your personal information is not being seen or hacked while you make deposits or withdrawals. Major betting sites will all employ this type of service as they know the safety and protection of a bettor’s information is a major concern.
The point of this page was to bring to the light the various options there are to deposit and withdraw money into online sports betting sites. It easy to feel overwhelmed when first joining a site, so feel free to use this page to come back and refer to. Anytime you may be unsure of a certain banking option, come back and breeze through the options and refresh yourself on which options fit your needs the best!