Last updated on: November 1st, 2023
Sportsbook Deposit Methods For US Players
Understanding US sports betting deposit methods is easier now than ever. While there are plenty of options available, crypto has become one of the top sportsbook deposit methods for US players. Other options include credit cards, bank transfers, P2P transfers, prepaid cards, and more. For making quick player transfers, PayPal and Cash App are accepted at most betting sites. Read this page to learn how to make sportsbook deposits with all of the different methods.
Fastest Sportsbook Deposit Methods
The fastest method to deposit into a sportsbook will put money in your account in seconds. This is crypto, which tends to process almost instantly as online betting deposit methods. Otherwise, bank checks and wire transfers can take a few days. It is good practice to learn the fastest sportsbook deposits 2023. This way, you’ll never be waiting to place a bet.
Find a deposit method at Bovada that works for your needs. Whether you want to use cryptocurrency or a credit card, they work with you. Also, Bovada allows for third-party transfers under their MatchPay deposit method. So, you can bet on sports at Bovada with PayPal, Zelle, Cash App and more. Even better, Bovada provides sports betting bonuses for certain deposit methods. While their $750 Crypto Bonus is the highest, they also give promos for credit card deposits too.
- Live Betting
- Big Bonuses
- Easy To Use
- Mobile Betting
- Best Odds
Sportsbook Banking Options (at Bovada)
|Method||Deposit Maximum||Deposit Fees|
|Visa/ Mastercard||$1,500||15.9% Or Higher|
|Bitcoin SV (BSV)||$5,000||0%|
How To To Deposit Bitcoin Into An Online Sportsbook
- Set up a Bitcoin wallet or exchange account: This is where you store your Bitcoin.
- Copy the receiving address: Choose a sportsbook to deposit at. Find their Bitcoin address in the cashier section. Copy that address and go back to your exchange or wallet.
- Sending Bitcoin to a sportsbook: Once in the Bitcoin wallet, click “send”. Paste the Bitcoin address and enter the amount to deposit. Once confirmed, your balance will update in seconds.
Pro Tip: Making deposits at Bitcoin sports betting sites can be intimidating. But, it is worth it in the long run. For first timers, use an exchange like Coinbase to help.
Cryptocurrencies Accepted For Legal Sports Betting Deposits
Cryptocurrencies have become the most popular legal sports betting transaction method. While Bitcoin is by far the most well-known, other options for crypto sports betting include:
- ApeCoin Sportsbooks (APE)
- Avalanche Sports Betting Sites (AVAX)
- Sportsbooks That Take Bitcoin Cash (BCH)
- Binance Coin Betting Sites (BNB)
- Sports Betting Sites Accepting Cardano (ADA)
- Chainlink Sportsbooks Online (LINK)
- Top Dogecoin Sportsbooks (DOGE)
- Ethereum Sports Betting Sites (ETH)
- Sportsbooks Taking Litecoin (LTC)
- Best Polygon Betting Sites (MATIC)
- Ripple Sportsbook Sites (XRP)
- Solana Sports Betting Online (SOL)
- Sports Betting Sites That Take Stellar (XLM)
- Tether Betting Sites (USDT)
- Betting USDCoin On Sports Online (USDC)
Using Credit Cards To Deposit Into Sports Betting Sites
Credit cards are the most common method for making online sportsbook deposits. Keep in mind, Visa sports betting sites also take MasterCard. Sometimes, they will take American Express but may charge a fee. Either way, credit card sports betting deposits are instant and convenient. But, your card issuer may charge an “international sale” fee. Also, your sportsbook may also have a small processing fee. Credit cards do not have high limits, with an average max of around $5,000. Able to add as little as $20, credit card sports betting deposits are great with first timers.
Can You Use Prepaid Cards For Sports Betting?
Prepaid card sports betting has become extremely popular throughout the US, as it is one of the fastest, safest, and most convenient ways to fund your account. Some credit cards/debit cards do not allow international transactions. This is where prepaid cards come into play. You can easily purchase a prepaid card and use it to fund your sportsbook directly, with no risk of the transaction not processing. Using prepaid cards at Bovada is one of the best ways to bet on sports in the US.
Best Prepaid Cards For Sports Betting
• Play Plus
• American Express
• Neosurf Prepaid
Pro Tip For Making Prepaid Card Sportsbook Deposits: After you find a prepaid card you like, purchase a MoneyPak from your local grocery store/gas station to make easy cash deposits into your online sportsbook. Green Dot sports betting is one of the safest ways to consistently fund your account.
What Sportsbooks Take Game On Gift Cards?
Currently, the top sportsbooks that take Gift cards like Bovada do not accept Game On. While this could change in the future, there are some commercial sportsbook apps that do accept Game On but the cards are only available in specific states. These sportsbooks taking Game On include FanDuel, DraftKings, BetMGM, Hard Rock, Parx, and BetRivers.
Best Sportsbook Deposit Method For High Rollers
High roller sportsbooks allow you to place greater action on bets than the normal bettor. But, getting cash into legal sports betting sites is the first step. When you’re betting $5,000 or more on a single bet, you need to have a large bankroll available. No doubt, the best sportsbook deposit methods for US players for high stakes is one with large or no maximums. For that reason, we recommend that high rollers use bank wire transfers or Bitcoin.
Using PayPal To Make Sportsbook Deposits
PayPal is a digital wallet with millions of US residents using it. Being able to deopsit at PayPal sports betting sites is rather convenient. But, only Bovada accepts PayPal through their MatchPay sports betting deposits.
How To Use Zelle To Fund A Sportsbook
Using Zelle as one of your sports betting deposit methods in the US is very quick and easy. The first step is to research if your bank is one of the many that offer Zelle. Then, you set up your account and link your Zelle account to either your phone number or email. Select Zelle as your deposit method and use either that phone number or email to link the account. Once linked to your Zelle sportsbook, it works like a bank wire transfer service. However, you may exclude yourself from a sports betting deposit match using Zelle.
Using Cash App For Legal Sportsbook Deposits
When using Cash App, bettors have two ways to fund a legal sports betting account. Either way, there are zero fees attached to the actual deposit.
- Cash App can be your sportsbook deposit method through a service called MatchPay. This only works with Bovada. But, it lets bettors pay for each other’s Bovada credits through Cash App transfers. This works anywhere from $20-$1,000.
- The other way to deposit at Cash App sports betting sites is through Bitcoin. The app allows you to buy Bitcoin and use the app as a wallet. This will send it straight to an online sportsbook that takes Bitcoin. Deposit ranges are wider here, allowing from anywhere between $10 and $5,000.
Before Sports Betting Deposits, Look At Bonuses
Many legal sports betting sites offer first-time deposit bonuses when you sign-up. They also offer promos when you reload your account. The former sports betting bonus is the welcome bonus. Generally, sign-up bonuses are bigger than reload bonuses. But, you can still find significant value with reloads. It’s rare, but you may find an online sports betting no deposit bonus too.
- Cryptocurrency can boost sign-up bonuses and reload bonuses at many legal sportsbooks. Our Bovada Sportsbook review displays their $250 bonus up to $750. So, your 100 deposit match sports betting bonus may only be 50% if using a credit card.
Bank Wire Transfers To Sports Betting Sites
Of all the available US sports betting deposit methods, bank wire transfers are most preferred by high roller sports bettors. A sports betting wire transfer is where you transfer money directly from your bank account to the bank account of the online sportsbook. Bank wires can take an average of 1-3 business days to get to your account. However, it relies heavily on how fast your bank sends the funds.
Sending Cashiers Checks To Online Sportsbooks
One of the most tried and true, sportsbooks with cashier’s check deposits allow you to mail in funds to an address provided by the online cashier. Checks have higher limits than other sportsbook deposit methods for US players. Typically, they range from $1,000 to $24,000. Depending on the mail carrier, it can take as little as 4 business days for the cashier to apply the check to your account. As you can see, the sports betting minimum deposit for Cashier’s Check isn’t small. But, it’s great for high rollers.
Person to Person Sportsbook Deposits
Person to Person methods are great sportsbook money transfer systems. Being around forever, the most common options include MoneyGram, Western Union, and RIA. Even though it happens in person, it is still a reliable method. Further, most person to person sports betting sites cover your fees in certain cases.
DirectPay Sportsbook Deposits
As a new option, DirectPay focuses on transfers exclusive to sportsbooks. With this, there are three ways to complete a bank transfer. These include bank wire, electronic transfer, or cash/counter. Even better, you can send up to $9,500 to your online sportsbook with DirectPay depending on the method. While some like the convenience, others would rather visit a bank and deposit cash with a teller.
In-Person Sportsbook Deposits 2023
For states that have land-based sportsbooks, you can fund your account in person. While these brick-and-mortar sportsbooks offer a handful of choices, cash is always king. Once you bring cash to the casino player’s cage or the sportsbook itself, you can get in on the action. Otherwise, consider using PayNearMe or other sportsbook funding methods. Most of the time, they are at local stores like CVS, Family Dollar, or 7-Eleven.
What Are The FanDuel Sportsbook Deposit Methods?
With FanDuel, you can deposit with an ACH, credit or debit card, and wire transfers. Also, they permit PayPal and Venmo transactions plus a few other methods.
The Barstool Sportsbook Deposit Methods
Depending on your location, the Barstool Sportsbook deposit methods could change. Still, the common ones are debit and credit cards, ACH, and wire transfers. Sometimes, they allow for ApplePay and other digital payments too.
What Are The Best Caesars Sportsbook Deposit Methods?
With so many deposit options at Caesars Sportsbook, it’s hard to pick one. But, they take Visa, Mastercard, and Discover. Along with that, using online banking at your Caesars deposit option is great too. But, this is only available in a few states.
Sportsbook Deposit FAQs
Why Was My Credit Card Sports Betting Deposit Declined?
Credit cards get declined at online sportsbooks generally from the bank. Some banks will not allow transactions related to online sports betting due to the UIGEA. To counter this, you’ll find many 2023 sports betting deposit methods available instead. If your card does not work on the first attempt, look for a message from your bank. After the first approval, try again. Most times it will work, otherwise try another card.
How Does The UIGEA Impact Sportsbook Deposits?
The most prevalent federal sports betting, the UIGEA can add issues when depositing. into a sportsbook. In short, the law requires banks to watch payment methods for online gaming activity. Somewhat outdated, UIGEA can restrict these transactions. So, you may have to try a deposit method several times before it works. Keep in mind, UIGEA does not make online sports betting illegal. Instead, it focuses on the bank’s transactions.
What Is The Safest Deposit Method For All US Sportsbook Players?
The safest deposit options depend on the sportsbook. Still, crypto and credit cards are the safest sportsbook deposit method. For example, crypto transactions are anonymous. Even if you use Coinbase, this is true. Also, credit card sportsbook deposits come with fraud protection on your card.