Last updated on: October 27th, 2022

Legal Real Money Sports Betting Sites

There are a lot of options available for legal real money sports betting sites. From regulated online and mobile sportsbooks to international licensed sportsbooks, players all over the country can bet real money on sports and play to win big. With real money betting, players can wager real-world money to win real-world money. This is legal, safe, and constantly growing more and more popular as sports betting continues to grow in different markets. Thanks to online sportsbooks that offer real money betting options, players can even wager real money from the comfort of their homes or while on the go. These sites offer multiple payout methods as well, making it easy for sport betting fans to collect their winnings. Legal real money sports betting sites offer some of the best ways for betting fans to get in on the action.

Is Sports Betting For Real Money Legal?

Due to the varying sports betting laws in the US, many wonder if sports betting for real money is even legal. The answer is “yes”, but, there are certain details that you should be aware of. In 2018, the door opened for states to regulate their own sports betting industries. States like Delaware, New Jersey, and West Virginia were quick to offer sportsbooks. Now, that ability now extends to over 30 states with land-based sports betting.

Still, most folks can’t get to these states or their sportsbook venues. In that regard, the other legal way to bet real money on sports is by using an online sports betting site. These sportsbooks have fewer restrictions as their license is outside of the USA. No federal laws prohibit residents from using foreign-based online sportsbooks. This makes sports betting for real money online legal.

Best Real Money Sports Betting Sites

These are the best real money sports betting sites. The top real money betting sites host betting lines for all sporting events. Looking to bet on Wimbledon or take action on the hot dog eating contest? There are odds available at these real money sportsbooks. Accepting many deposit methods, players can bet using credit cards, cryptocurrencies, and more.

#1

Bovada Sportsbook

Real Money NFL Betting

Bovada is one of the best places for betting on the NFL as the popular sportsbooks on the market. Bovada hosts odds whether you are looking for futures, player props, game lines, or parlays. All first-time users depositing real money gain access to a $250 Welcome Bonus. This is a 50% deposit match for all first-time depositors. Use a credit card like a VISA or a cryptocurrency like Bitcoin to deposit at Bovada. Either way, betting real money at Bovada (and getting your winnings back) is super easy.

Rating: 5 Star Rating

  • Credit Card Deposits
  • Bitcoin Deposits
  • Mobile Betting
  • Cryptocurrency Withdrawals
  • Various Payment Methods

BitcoinVisaMastercardAmerican ExpressZelle

#2

BetOnline Sportsbook

Real Money Sports Betting In All 49 States

BetOnline is one of the best real money sports betting sites for US players, and they have been in the industry for more than a decade. The site offers legal sports betting options to residents all 50 states. You can bet on football, basketball, baseball, tennis, hockey, and tons more when you join the BetOnline sportsbook. When you sign up, you can rest assured that all the banking methods are 100% secure and safe for real money sports betting. Bitcoin, which has become the leading banking method for US sports bettors, is now accepted by the cashier at BetOnline, as are various other cryptocurrency altcoins (Ethereum, Litecoin, DASH, etc.). You can deposit anywhere from $20 to $25,000 and your funds are guaranteed to be posted to your account almost instantly.

Rating: 5 Star Rating

  • Reliable Banking Options
  • No NJ Players
  • Proven Track Record
  • Plenty of Odds
  • No App Mobile Betting

VisaMastercardBitcoinEtheriumWire Transfer

#3

MyBookie Sportsbook

Get $1,000 For Signing Up!

If you are talking about the best real money sports betting sites, then you can not do so without talking about MyBookie. This is one of the best new legal sports betting sites for US players and they are quickly becoming one of the most popular. When using real money for sports betting, it is important to have a quality site that has the things you want, and MyBookie should meet that criteria. Players that sign up here will find that they have some awesome features that you will enjoy. You will find that they have more betting odds then almost any other website. On top of that, they also have some of the biggest bonuses, fastest payouts, and customer service that is there to help you through everything.

Ratings: 5 Star Rating

  • Great Bonuses
  • CompetitiveOdds
  • Anyone Can Use
  • Fast Live Betting
  • Legal In US

VisaMastercardBitcoin

#4

SportsBetting Sportsbook

Bet With Real Money From Your Phone

Betting from your phone or any other mobile with SportsBetting can be done easily with their incredible mobile platform. They continuously optimize their mobile site so that way you can place a bet from anywhere with the same platform that they offer on a computer. Any feature that they offer on a computer can be used on your devices including deposits, withdrawals, and the use of bonuses.

Ratings: 5 Star Rating

  • Efficient Site Layout
  • Full Mobile Betting Suite
  • Available Customer Service
  • Trustworthy Banking Options
  • Fast Payout Times

VisaMastercardBitcoinEtheriumWire Transfer

#5

XBet Sportsbook

Bet With Real Money From Your Phone

Betting from your phone or any other mobile with SportsBetting can be done easily with their incredible mobile platform. They continuously optimize their mobile site so that way you can place a bet from anywhere with the same platform that they offer on a computer. Any feature that they offer on a computer can be used on your devices including deposits, withdrawals, and the use of bonuses.

Ratings: 5 Star Rating

  • Worry-free Legal Betting
  • Exclusive Bonus Offers
  • Constantly Updated Odds
  • Premier User Experience
  • Full Mobile + Live Betting

VisaMastercardBitcoinWire Transfer

Mobile Betting at Real Money Sportsbooks

You have many different avenues when it comes to betting on sports with real money on different platforms that aren’t just on your computers. You can access any of these betting sites from your smartphones and other smart devices that have access to the internet. None of them have downloadable applications to download which could work to your benefit as it won’t take up any space on your mobile betting device. To access them, all you have to do is access the sites URL and log in like normal. Some of the most popular betting devices are:

  • iPhone
  • Android
  • Samsung Galaxy
  • Google Pixel
  • Microsoft Surface
  • iPad

Can Cryptocurrency Be Used As Real Money To Bet On Sports?

Yes, you can use many different forms of cryptocurrency to bet on any sport that these online betting sites have to offer. One crypto, in particular, that is universal throughout all of the online betting sites is Bitcoin. Also, crypto is one of the most convenient real money betting options that you could bet with as they have no transaction fees and some of the fastest processing times of any other financial method. A few of the crypto options that you can place your bets with include:

  • Bitcoin
  • Ethereum
  • Bitcoin Cash
  • Litecoin
  • Solana
  • Shiba Inu
  • Dogecoin
  • Apecoin
  • Avalanche
  • Cardano

Real Money Betting Online Vs. At Retail Sportsbooks

When betting real money at online sportsbooks the process is slightly different than betting at a physical location. For starters, bettors can bet with cash directly and collect their winnings in cash at a physical location, a method simply not possible at online sportsbooks. Real money betting sites, however, do allow bettors to wager with the likes of cryptocurrencies which is not available at any US retail sportsbook. Both sportsbooks honor wagers and pay bettors out with real-world tangible funds, however, so they are both legitimate ways to bet on sports with real money. Legal sports betting sites have more variety in real money betting options but the ability to use cash on hand at the retail sportsbooks is convenient to many players.

Online Vs. At Retail

Real Money Method: Online: Retail:
Cash No Yes
Credit/Debit Cards Yes Yes
Bitcoin Yes No
Ethereum Yes No
Wire Transfers Yes No
Money Order Yes Yes

Real Money Deposits At Online Sportsbooks

Real money online sportsbooks for USA players have reliable sportsbook deposit options. Before joining a sportsbook, view its cashier page to ensure deposit options match. The best real money sports betting sites will have instant deposit options. This happens with Visa, MasterCard, and crypto. That said, we recommend Bitcoin – the fastest and most dependable deposit option.

  • Credit Cards – VISA, Mastercard, American Express (in some cases)
  • Bitcoin – No transaction fees
  • Ethereum – Instant money transfer
  • MoneyOrder – Comes with a small fee
  • Wire Transfer – $500 minimum transfer

Making A Withdrawal At A Real Money Sports Betting Site

One of the biggest fears for sports bettors is they will win a bet but never actually get the cash. At legitimate real money sportsbooks, this is never an issue. Request a legal sportsbook payout at your convenience and see your funds delivered. Bitcoin is the best real money withdrawal option as the cash arrives within a few minutes. There are also no withdrawal fees when you cash out in Bitcoin.

Bitcoin – Fastest and most secure, highest limits.
Checks – Delivered to your mailbox in a few weeks.
Bank Wire – Associated fees with a wait time as well.

Bonuses At Real Money Betting Sites

One of the main benefits of using a real money sports betting site is that the bonuses are humongous. Local sportsbooks can’t compete when it comes to increasing your bankroll. Most sites will have a welcome offer that matches your initial deposit by a percentage. The match percentage ranges from 25% to 100%, as the sportsbook bonus can clear $2500 sometimes. You can also take advantage of free bets and refer-a-friend bonuses.

This is aside from seasonal offers on events like March Madness betting and the Super Bowl. Bonuses can be quite helpful but make sure to read the terms and conditions. A rollover requirement is present before permitting you to withdraw. These are easy to meet, considering you can bet on any sport with real money sportsbooks. When accepting a bonus however, it is important to know the rollover required, because the sportsbooks will not allow a withdrawal until the rollover bet amount is met.

Best Bonuses By Sportsbook

Sportsbook Bonus Code Bonus Offer Total Bonus Amount Min. Deposit
Bovada NA 50% Welcome Bonus $250 $20
BetOnline CRYPTO100 100% Crypto Bonus (1st Deposit) $1,000 $20
MyBookie MYB25 25% Reload $500 $100
SportsBetting SB1000 50% Sports Welcome $1,000 $55
FanDuel NA First Bet Insurance $1,000 $10

Line Shopping At Real Money Sportsbooks

To get the most out of your real money sportsbooks, it is vital to participate in the practice known as “line shopping”. Line shopping is the act of comparing betting odds between multiple real money sportsbooks, and betting at the sportsbook with the better odds for the side of the bet you plan to make. For underdog picks this is straightforward, the more money made for a winning pick the better. When betting on favorites, line shopping entails finding the sportsbook that requires you to bet the least amount of money in order to still win the same amount of money that you want.

Real Money Betting Using MatchPay

MatchPay betting on online sportsbooks are one of the most popular forms of real money to bet on sports. That is because they use some of the top person to person apps for you to send and receive your funds. Also, only one online betting site takes MatchPay as a form of payment and that is Bovada. What MatchPay actually is, is other users on Bovada payout you out with credits from their account through these person to person apps. Similarly, for deposits, you are buying credits from other users with MatchPay methods. The different MatchPay payment methods are:

  • Venmo
  • CashApp
  • Zelle
  • PayPal
  • Apple Pay
  • Chime
  • Google Pay

Sports Betting For Real Money FAQs

Is Sports Betting For Real Money Safe?

Sports betting for real money is completely safe. There are no federal laws that ban using offshore online sportsbooks, and the majority of states do not have Internet betting laws of any kind on their books. You should always verify your state’s laws, but even the few states with sports betting legislation focus solely on penalizing operators rather than bettors. The sites that we recommend for real money sports betting are all licensed and regulated for your protection. You can feel confident when using a trustworthy sports betting site to bet real money on sports.

Can Real Money Sports Betting Sites Be Trusted

The real money sports betting sites that we recommend can be trusted. There are other sites, but the safest choice is to bet real money on sports at online sportsbooks that have been vetted and have a strong following already. These sites have 24/7 customer service, tried and true fast and easy payout methods, and have multiple ways for players to deposit into their betting accounts. Players can comfortably bet on sports at these sportsbooks without risk as they have players logging in every day who always collect on their winnings. Betting fans will not have to stress the legitimacy of these sports betting operations.

Can I Win Money Betting On Sports Online?

With the right betting strategy and handicapping, anyone has a chance at winning real money betting sports online. The key is to be sharp enough to win the bet, using a combination of stats, player insights, and historical data to make the best bet possible. Stay on top of injury reports and all other news that could potentially impact a wager. Though winning is never guaranteed, there are plenty of bettors that are able to successfully make money with online sports betting. In fact, all it takes to become profitable with your sports wagering is that you win about 53% of the time. The best pros make a great living winning only 58% to 62% of their wagers.

Are There Any Real Money Sports Betting Apps Available?

Yes, nearly every real money betting site has a mobile betting app – or at least a mobile site that works just as good as an app. With these apps (or “web apps”), you can make deposits, claim big bonuses, place wagers, and make withdrawals. You can still access special features, such as live betting lines and live statistical streams of major games. The convenience and flexibility that mobile sports betting sites offer is unparalleled. Most mobile sports betting apps require no download whatsoever. You can simply visit the real money betting site from your smartphone or tablet. Bettors can log in with the same account that would be used for the desktop site, and the sites all run like butter whether you have an iPhone, Android, or other modern mobile device.

How Old Do I Have To Be To Bet Real Money On Sports Online?

The age that you need to be to bet real money on sports will depend on the laws in your state, but we can assure you that you have to at least be 18 years old. Some states have set their own sports betting age requirements, which should always be adhered to. (Most states in the US, however, have no such sports betting limits.) For example, if your chosen online sportsbook accepts players at 18, if your state law mandates that you be at least 21 to bet on sports, you should definitely err on the side of the law and wait. Otherwise, you are at risk of getting in trouble for underage sports wagering, even if that outcome is extremely rare in practice.

What Does It Mean To Shop Lines?

Shopping lines is when you check multiple sportsbooks to compare odds in order to find the best possible odds available. This is one of the best benefits of using online sportsbooks as you can easily compare odds across multiple books. The goal is to find the odds that will equal the best returns. Most sportsbooks will have odds for the same events, especially for major events like the Super Bowl or NBA Finals. With line shopping, you are able to find the biggest returns on a wager. Odds vary from sportsbook to sportsbook so it is always good practice to line shop when you are partaking in online sports betting.

Can I bet on sports without spending real money?

For players who just want to try their skills at sports betting without losing money, there are different free to play games available online. The online sportsbooks we feature are all real money books and will not allow you to play for free. Free players should check out daily fantasy competitions or any of the other free-to-play offerings available.