Sports betting is becoming increasingly convenient for the consumer. All of the sports betting sites available in the US have multiple sportsbook payment methods. Depositing and withdrawing funds is incredibly easy at the sports betting sites listed on this page. Below, we will outline the best sportsbook deposit and withdrawal methods at these sites.
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Sportsbook payment methods
Here is a list of sportsbook payment methods. Different sportsbooks offer different deposit and withdrawal options, so be sure to identify what options are available before signing up.
- Visa debit card
- Mastercard debit card
- PayPal
- Venmo
- Credit cards
- Cash at casino cage
- Apple Pay
- (ACH) preferred e-check
- Play+ prepaid cards
- PayNearMe
- Wire transfer
- Check
- Neteller
Visa debit card
Using a Visa debit card is one of the more popular sportsbook payment methods and is widely accepted for transactions. Bet365, BetMGM, Caesars, FanDuel, DraftKings, and Fanatics are among the best Visa betting sites, as they all allow customers to make deposits and withdrawals via a debit card. When making a deposit, users will notice the funds are available once the transaction is submitted.
BetRivers currently accepts Visa debit cards for deposits only.
Mastercard debit card
The same deal applies when making deposits and withdrawals with the best Mastercard betting sites. Those who use Bet365, BetMGM. Caesars, DraftKings, or Fanatics sports betting apps will enjoy this fast payout method.
BetRivers customers can make deposits using a Mastercard debit card, but need to select a different option for cashing out winnings.
PayPal
The top betting sites accept PayPal for all transactions. Many sports bettors prefer this option over credit cards, ACH, or cash at the casino cage due to its convenience and speed. Plus, it’s a safe and secure sportsbook payment method in which customers do not need to worry about entering banking information. Funds will appear in your wallet almost immediately after submitting a deposit request. Caesars, BetMGM, BetRivers, Bet365, FanDuel, DraftKings, and Fanatics all accept PayPal for deposits and withdrawals. Our top PayPal betting sites page provides more information on this popular payment option.
Venmo
Venmo is another widely accepted sportsbook payment method. For those unfamiliar with Venmo, it’s a payment app owned by the previously mentioned Paypal. Many sports bettors tend to prefer this option over using a Visa, Mastercard, or bank transfer. BetMGM, DraftKings, BetRivers, FanDuel, Fanatics, and Caesars are among the best Venmo betting sites.
As of now, bet365 does not accept Venmo as a banking option.
Credit cards
Just like at Las Vegas casinos, credit cards can be used to fund your starting bankroll. When it comes to sports betting apps, Caesars, BetMGM, BetRivers, Bet365, FanDuel, DraftKings, and Fanatics all accept credit cards as a deposit method. Withdrawals, however, are a different story when talking about the best credit card betting sites. The rules can vary by state. In Tennesse, for example, credit cards are banned on the list of sportsbook payment methods as an enhanced Responsible Gaming tool. Bet365 is the only one of the top sports betting sites that currently permits credit card withdrawals.
Cash at cage
This option is available in states that require sportsbook operators to partner with land-based casinos or racetracks. In New Jersey, for example, BetMGM customers have the option of making deposits and withdrawals at the Borgata Hotel Casino & Spa casino cage.
Apple Pay
Apple Pay is becoming an increasingly popular sportsbook payment method. It allows users to make payments on iOS apps, desktops, and in person. Besides being private and safe, customers do not need to worry about submitting bank account information every time they want to make a transaction. This digital option is becoming a preferred payment method for sportsbook users.
The best Apple Pay betting sites include Caesars, BetMGM, FanDuel, DraftKings, Bet365, and Fanatics. These sites all accept Apple Pay for deposits, and BetMGM and DraftKings customers can also use Apple Pay to cash out winnings.
Google Pay
At the moment, Google Pay is not included on the list of sportsbook payment methods. This could change in the future.
(ACH) preferred e-check
Just like paying monthly bills online, ACH or e-checks are the digital version of paper checks. The big difference is transactions are approved in a much shorter timeframe. The security and speed make this one of the more popular sportsbook payment methods. Legal US sports betting operators require an account verification process with the initial transaction, and the information is saved for future deposits and withdrawals.
BetMGM, Caesars, FanDuel, Fanatics, BetRivers, bet365, and DraftKings accept ACH. Some operators will use the VIP Preferred platform.
Play+ prepaid cards
Whenever you visit the local supermarket, it’s hard not to notice the plethora of gift cards available for purchase. Most places will include FanDuel and DraftKings branded Play+ branded cards that can be used as your sportsbook payment method. There might be a small activation fee tied into the purchase. The upside is bet365, BetMGM, BetRivers, Caesars, DraftKings, Fanatics, and FanDuel all accept Play+ for deposits. Most of the operators permit users to select it as their withdrawal method as well.
PayNearMe
This is a deposit option for bettors who reside near stores like 7-Eleven, CVS, Dollar General, CVS or Walgrens. Those located in states in which sportsbooks accept deposits via the PayNearMe platform, may decide to go this route as transactions can be completed using cash, check, or with a Visa/Mastercard credit and debit cards.
Caesars, BetMGM, BetRivers, DraftKings, and FanDuel all accept PayNearMe for deposits. Fanatics and bet365 do not.
Wire transfer
Currently, most legal US sportsbooks do not accept wire transfers as a banking method. This is when funds are electronically transferred from a bank account to a sportsbook. Be sure to read the fine print before selecting wire transfer, if it’s available, as the minimum amount is typically higher. DraftKings Sportsbook does not accept wire transfers under $100.
Currently, DraftKings, FanDuel, and Fanatics are the only books among the top betting sites that accept this banking method. Fanatics and DraftKings also allow withdrawals via a wire transfer.
Check
Checks are not the quickest option for online sports betting, but some transactions can be completed this way. None of the current top sports betting apps accept paper checks for deposits. In terms of withdrawals, BetMGM, FanDuel, DraftKings, and Fanatics will send checks to customers who prefer this option. The downside is bettors could wait up to two weeks for the funds to arrive.
Neteller
Neteller is another digital wallet option for making online payments. However, top sports betting apps do not currently accept it as a banking method. However, based on the other options listed on this page, users have no shortage of options when it comes to sportsbook transaction needs.
List of sportsbooks and what they accept for deposits and Withdrawals
The table below provides a breakdown of what deposit payment methods are currently accepted by the best sports betting apps. The options may vary by state.
| Payment Methods | Caesars | BetMGM | BetRivers | Bet365 | FanDuel | DraftKings | Fanatics |
|---|---|---|---|---|---|---|---|
| Visa/Mastercard debit cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Visa/Mastercard credit cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| PayPal | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Venmo | Yes | Yes | Yes | No | Yes | Yes | Yes |
| Apple Pay | Yes | Yes | No | Yes | Yes | Yes | Yes |
| ACH/e-check | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| PayNearMe | Yes | Yes | Yes | No | Yes | Yes | No |
| Wire Transfer | No | No | No | No | Yes | Yes | Yes |
| Cash at cage | Yes | Yes | Yes | No | Yes | Yes | Yes |
| Play+ | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Here is a breakdown of withdrawal payment methods currently accepted at top sportsbooks. Since states have different rules and regulations, it’s a good idea to check the sportsbook app before completing the transaction.
| Payment Methods | Caesars | BetMGM | BetRivers | Bet365 | FanDuel | DraftKings | Fanatics |
|---|---|---|---|---|---|---|---|
| Visa/Mastercard debit cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Visa/Mastercard credit cards | No | No | No | Yes | No | No | No |
| PayPal | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Venmo | Yes | Yes | Yes | No | Yes | Yes | Yes |
| Apple Pay | No | Yes | No | No | No | Yes | No |
| ACH/e-check | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| PayNearMe | No | No | No | No | No | Yes | No |
| Wire Transfer | No | No | No | No | No | Yes | Yes |
| Cash at cage | Yes | Yes | Yes | No | Yes | Yes | Yes |
| Play+ | Yes | Yes | Yes | No | Yes | Yes | Yes |
easiest ways to deposit money at a sports betting site
When it comes to depositing money at a sports betting site, Visa and Mastercard debit cards, PayPal, Venmo, and Apple Pay are among the best options. Whether you’re betting on NFL Week 1 or March Madness, customers want a quick and secure option without delays. Imagine trying to make a deposit at noon ET on the second Sunday in September, and your sportsbook of choice tells you the funds will not be available until Tuesday. There goes that four-leg parlay for the next Ravens game. The reason why Visa, Mastercard, Venmo, PayPal, and Apple Pay are among the best deposit options is that the money will appear almost immediately in your wallet after submitting the deposit request.
Other methods, such as paper checks, Neteller, and wire transfers, on the other hand, are baking options you should avoid. For one, most of the top sports betting sites do not accept them. Secondly, the deposit methods mentioned above will be completed much faster.
Easiest ways to withdraw money at a sports betting site
When you visit a casino, the lines at the casino cage can be long, especially if players had a hot run at the blackjack or craps table. One of the great things about the best sports betting sites is there are no lines when it comes to cashing out your winnings following an extremely profitable NFL Week 1. Plus, operators take extra measures to make sure withdrawals are safe and secure. If using popular banking methods such as Visa/Mastercard debit cards, PayPal, Venmo, or Apple Pay, the transaction is typically completed in less than 24 hours. And in many cases, the process is usually much quicker when using these sportsbook payment methods. Typically, your deposit and withdrawal method will be the same, so you will not need to worry about wasting time waiting for the sportsbook to verify your information. There are exceptions, so it’s a good idea to check the sportbook’s banking menu.
We do not advise requesting a check by mail withdrawal request as it could take up to two weeks to receive it. Wire transfers will take longer, and some banking institutions may charge fees for the transaction. If you are unsure what withdrawal options are available with your sportsbook, check out the table posted on this page.
How to choose a sports betting payment method that’s right for me
With so many payment methods to choose from, deciding which one is the best option can be a challenging process. While we can not decide which one is the best one for you, as the decision should be based on your comfort level, there are several factors we suggest weighing before making a decision.
- Security—Sportsbooks take extra measures to ensure that each customer’s account is safe and secure, including deposits and withdrawals.
- Customer service—Whether it’s the sportsbook or credit card company, consider what options offer 24/7 customer service, including online chat, in case any problems do arise. Many issues can be resolved fairly quickly.
- Fees—The best sports betting sites will not charge additional fees, but if you use a Visa or Mastercard, the bank associated with your credit card might charge a processing fee. It’s best to check with your financial institution before deciding on a payment method.
- Fastest payouts: Waiting three to five business days for payments to process can be tedious, like waiting for a return to post on your bank statement. We touch more on this below.
- Rewards program: Perks such as frequent flier miles or hotel rewards typically associated with credit cards can be an enticing bonus when selecting a payment method.
How to make a deposit at a sports betting site
When it comes to making a deposit at a sports betting site, the process will be completed quickly once your preferred baking method is set up with the sportsbook. With most legal US sportsbooks, users will need to locate the cashier section within the app. With BetMGM Sportsbook, for example, look for the account icon located in the bottom right corner. Once the sportsbook has verified your information, future transactions will be much quicker to complete.
If you follow these simple steps, the process should be quick and painless.
- Locate the deposit section of the sportsbook app or betting site.
- Enter the desired deposit amount (the minimum deposit is typically $10).
- Select the deposit method (credit or debit cards, ACH, and PayPal are among the quickest options).
- If you choose online banking, you’ll need to select your bank from the list and enter your account information. The sportsbook operator may require an extra step to confirm that the account is yours.
- Wait for confirmation of deposit.
- Start betting as soon as the funds appear in your account.
How to make a withdrawal at a sports betting site
When it comes to cashing out winnings, the money may not be available right away. The process varies based on how fast your financial institution completes transactions. If you’re having trouble deciding or prefer not to wait three business days to enjoy your winnings, check out our fastest payouts for sportsbooks page.
Here are some simple steps to follow once you’re ready to make a withdrawal.
- Look for the “withdraw” menu. Most online sportsbooks include it within the account section.
- Type in the amount you would like to withdraw from your sports betting account. Check with your sportsbook to find out the minimum and maximum amounts.
- The good news is after making an initial withdrawal, you’ll only need to enter the amount for future transactions.
- Submit your request. Some will be completed in under 24 hours.
Sports betting payment options FAQ
Depositing and withdrawing funds are processed using a sports betting payment option. Visa, Mastercard, Paypal, Venmo, and ACH are some of the incredibly easy options available to customers.
Caesars, BetMGM, BetRivers, Bet365, FanDuel, DraftKings, and Fanatics all accept debit cards for deposits and withdrawals.
Yes, the top sportsbooks all accept credit cards for deposits. Check with your sportsbook of choice to see if the same banking method is permitted for withdrawing winnings.
Yes, you can use Venmo for sports betting. Caesars, BetMGM, DraftKings Sportsbook, BetRivers, and FanDuel all accept Venmo for sports betting.
Yes, the majority of legal sports betting apps accept PayPal as a sportsbook payment method.
At the moment, Google Pay is not being accepted as a sportsbook payment method. This could change in the future.