Sportsbook Deposit Methods For USA Players
Knowing the proper way to fund online sportsbook accounts is almost as important as knowing which side of the wager to take. In fact, not having a reliable deposit method for sports betting could end up costing you cash if you are not able to take advantage of betting line that turns out to be a winner. But if you're reading this, you most likely live in the U.S. which means it's not always going to be easy to get money into your account. That is because the U.S. does have laws in place which limit and restrict the methods that residents can use to enact a gambling transaction. Still, there are ways to accomplish your goal and not miss the opporunity to make a bet on that lock-of-the-year wager you're eyeing.
The goal of this page is to educate readers about the best banking methods for online sportsbooks that USA players can use which is done by listing the types of methods as well as giving a brief overview of each of them. Additionally, it aims to identify the best U.S. sports betting sites that offer safe and convenient banking methods for their users living in the United States.
Best Sports Betting Deposit Methods For U.S. Players
Although a number of popular banking methods are denied to US players because of the unfriendly gambling laws in their country like the UIGEA, US players can still get around many of the hurdles they face. As an example, some deposit methods which shouldn't work, do work thanks to the sportsbooks.
Plus, if certain methods do not work, there is usually one waiting in the wings to fill the void. Americans should never not have a viable way to fund their online betting accounts. These are some of those methods:
Credit + Debit Cards
Though reliable and instantaneous as sportsbook deposit methods, credit cards such as American Express, MasterCard, and VISA tend to get declined. Besides, players will have to reveal their financial details if they want to use credit cards and many players are averse to this. To make matters worse, MasterCard as a banking method is hardly available at online sportsbooks, but those that do offer it usually are very friendly to the U.S. bettor as evidenced by enhanced sportsbook bonus promotions which are typically targeted.
Wire Transfer Services
Wire transfers through MoneyGram and Western Union are very reliable, but time consuming and expensive. They should, therefore, be used only by US online sports bettors who have no other option. One of the biggest advantages of wire transfers is that players do not have to divulge their financial details to the online sportsbook.
Bank Transfers
Bank wire is a form of wire transfer in which banks and financial institutions transfer funds from players’ bank accounts to their online sportsbook accounts. A bank wire is associated with fees, but is reliable and instantaneous and ideal for players with uncontrolled betting habits as they are using only the funds in their bank account, not credit. Unfortunately, online sportsbooks hardly offer this method.
Prepaid + Gift Cards
Prepaid cards and gift cards are ideal for players because they are reliable, secure, anonymous, and instantaneous as banking methods. Besides, players can use only the funds available on the prepaid or gift card, which serves as a controlling factor and prevents them from betting more than they can afford. But these are not commonly offered at online sportsbooks.
e-Wallet Services
eWallets or online payment processors are not commonly accepted at sports betting sites. But they form excellent, safe, secure, anonymous, and instantaneous banking methods. None of the eWallets commonly offered at online casinos are accepted at the online sportsbooks we recommend.
Personal Checks & Money Orders
Although a secure and reliable way to fund online sportsbook accounts, not all sportsbooks accept deposits though money orders and checks. If possible, one can always send one’s online sportsbook a check or a money order. However, these should be sparingly used as they are very slow.
Sportsbooks That Accept Deposits From US Players
Listed out below are a few online sportsbooks that allow US sports bettors to fund their accounts using credit cards, debit cards, prepaid/gift cards, etc... Put your faith in these bookmakers and know that your information will be kept private and that you will have little difficulty selecting a funding method that works.
Bovada - Charges Nominal 4.9% Fee For VISA Transactions
Online sports bettors registered at Bovada Sportsbook can fund their accounts using a variety of methods that include credit cards like VISA and some popular wire transfer options that are labeled Rapid Transfer & Money Transfer within the book. Any user facing difficulties when attempting to make a deposits only needs to contact Bovada’s well-trained customer care representatives. The online sportsbook has a round-the-clock customer care, including support through a toll-free phone number or you can contact them on their site through a contact form.
This website offers US online sports bettors the best odds on a wide range of local and international sports events. Players can come across all the money lines, point spreads, and over/under lines imaginable at Bovada Sportsbook.
Besides, new sports bettors can place well-informed bets if only they head over the Bovada Sportsbook Blog, which is the number one resource for sports picks, match analyses, statistics, and other important information. Bovada Sportsbook also offers live in-play betting on baseball, football, and basketball. If this bookmaker didn't have easy deposits, it's would still be a favorite gambling site that welcomes U.S. players because of everything else it has to offer.
BetOnline - One Of Few Sportsbooks Accepting MasterCard
BetOnline Sportsbook accepts payments through most forms of plastic including American Express and VISA debit/credit cards. Users also have other options when using a credit card isn't a possibility such as money orders/personal checks, sending a bank wire, using a service like Western Union to complete the transfer. It's important to note that this is one of the only only bookmakers where US bettors are free to request VIP status from the BetOnline cashier in order to unlock the option of depositing to bet on sports with a MasterCard.
This site is home to live lines on major sports events, but this is not the most unique feature of the online sportsbook. Bettors in the United States flock to BetOnline for its Sportsbook Betting Edge, where they can grab the hottest picks, absolutely free. This is the number-one resource for sports betting information, valuable tips, and almost everything a bettor requires for placing informed bets. BetOnline Sportsbook also offers a stats center with important sports information.
The online sportsbook is also home to lucrative promotions, bonuses, and an excellent customer care service, making US sports bettors feel right at home.
Best Deposit Fees + Why Sports Betting Sites Charge To Deposit
We urge players to make sure that a deposit method is definitely convenient for them before using it. Several deposit methods are associated with fees and players should thoroughly research them to avoid being blindsided with unforseen charges.
Unfortunately, this is something that U.S. bettors must deal with until the practice becomes widely regulated. Once current restrictions have been removed on gambling financial transactions, these bookmakers will then be able to use standard payment processing systems which are more friendly to the bookmaker than the payment processors that are currently in use.
