The Best Sportsbook Deposit Options For Americans
Wagering on competitive games is a great worldwide pastime, and the best American sportsbooks are now accepting players from every state in the nation. There is plenty to read on this site regarding which book to join, but this page is going to be all about loading your account so you can put money on your picks immediately. Most sites offer numerous deposit methods, while some only allow for a few. Each one we tell you about is tried and trusted, and I have personally used each method myself.
We will go in to some specific methods later on, but you can go ahead and be relieved to know that these sites do allow you to simply use a credit/debit card to deposit. This is as simple as purchasing something at any online retailer, and is by far the simplest and fastest way to fund your account. Luckily, for people that don’t feel like going through a bank, there are plenty of other methods that don’t leave a paper trail. You will learn about all of these in due time.
Yes, it will. These sites are able to afford the most forward thinking technicians to install state-of-the-art security software and hardware. Transferring funds online always carries a slight risk, but the sportsbooks that we recommend are the safest options in the world right now. We would never steer our readers towards a site that we ourselves were not members of, and did not trust fully.
It is legal to make a deposit at online sportsbooks that accepts American residents as long as it operates overseas. This is because of a few federal laws that restrict the activities of bookmakers on our side of the pond. The Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 restricted how stateside sites can transfer funds. Simply put, they can’t send any wagering information across state lines. This is a big reason why there are hardly any regulated sportsbooks in America. The UIGEA, and other federal betting laws, do not extend outside of the country, and therefore do not affect books that operate out of places like Canada, Costa Rica, and other countries that offer sportsbooks to Americans.
First, you must sign up at a great American sportsbook. We have provided plenty of information on which sites to choose in other sections of this site. Each one is free to join and it only takes a minute. Once you are ready to make your first deposit, head over to the cashier section of the site. Here, you can choose from a number of methods, and the most common are usually listed first. Just follow the instructions from there and you will be on your way to putting money on the next Lakers game.
The first option that you will see when you access the deposits section on the cashier page will be credit/debit. That is because it is the fastest and most popular method. Simply put in your card info, along with the amount you would like to add, and your account should be credited in minutes. This isn’t the only way to make a deposit though, as you will find out next.
The second most popular deposit method is via a cash wire transfer (MoneyGram or Western Union). These go through quite fast, taking less than 48 hours, and avoids using banks. You can call the site that you are using to get instructions on how to complete the transfer, and many sites let you do this all online. Alternatively, you can go to your local store that offers cash wire services and wire it to the site.
While we have mentioned the most used methods, the list doesn’t end there. Many sites offer many options including bank wires, gift cards, bitcoin, money orders, and more. Each one has its ups and downs, but they all work flawlessly. Bank wires are great for large deposits, with maximums up to $20,000. Bitcoin and money orders are also excellent methods that many players like to use. Whichever one you choose, you can be sure that your money will be transferred safely.
The cost of sending funds overseas can get pretty hefty, and while these sites do their best to keep fees low, they would go broke if they covered them all their selves. Many sites will offer one free credit/debit deposit per month, but you can expect to see small fees around 4.8% or so. Methods such as money orders and have fees, but the sites will usually waive them if you deposit over a certain amount. Additionally, methods such as bitcoin and gift cards rarely ever come with fees attached.
Maximums and minimums will also come in to play, and you should consider them when you are about to make a deposit. Credit/debit and cash wire transfers are great for small-to-medium deposits, up to around $3,000. Any higher and you will want to go with a bank wire or bitcoin, or any other method with a high maximum. All of this information will be included when you are perusing the best US sportsbook deposit options.
This is the golden question, and the answer is a hearty yes! Every single site that we love offers a welcome bonus that will add bonus cash to your account when you make your first deposit. Most American sports betting sites also offer reload bonuses, which will reward you for every qualifying deposit you ever make. This is the foremost reason why players from all over the US would rather play the odds from the comfort of home, or on their mobile phones, than drive to ‘Vegas. These sites simply offer more value for every dollar that you wager.
Getting your money into one of the best American sportsbooks should be as painless as possible. SportsBetting accomplishes this by offering numerous options that are safe and fast. If you have a credit/debit card, chances are you can use it. They accept Visa, American Express, MasterCard, Discover, and JCB. That covers just about all the popular ones. Of course, you don’t have to use your card. You can also make a deposit by using Western Union or MoneyGram, completing a bank wire, using a Bitcoin account, using a prepaid card, sending in a money order, and more.
The most immediate way to make a deposit at SportsBetting is going to be using your card. You can use either your credit/debit card or a prepaid/gift card. The site accepts most formats. What you will do is head to the online cashier section, the link is at the top right. From here, simply choose your card type, enter the number, expiration date, etc. and let them know how much you want to put in. You should see the funds appear in your account almost instantaneously.