ESPN BET payment methods - Deposit & withdrawal

Last update: 19 Apr 24
With nearly double-digit deposit options, if ESPN Bet utilizes the same deposit methods as Barstool, you’ll be sure to have plenty of options. Barstool provided Online Banking, credit/debit card, PayPal, Barstool Sportsbook Pay+, VIP Preferred, and wire transfers all as different deposit methods. The variety of deposit methods highlights one of the most convenient parts of betting at ESPN BET. Having a broad range of choices simplifies things for all sports bettors considerably.

 

Customers of ESPN Bet can expect quick withdrawal methods. If ESPN Bet is anything like Barstool, you’ll enjoy the withdrawal process. ESPN Bet will most likely have 7 or so different withdrawal options. A minimum withdrawal of $10 should be standard across all withdrawal options. There will most likely continue to be a $100k withdrawal limit for online banking, $250 minimum for check withdrawal and $50k minimum withdrawal for wire transfers. It’s important to note that certain jurisdictions only allow withdrawals through the same method that was used to deposit. 

Like most sportsbooks, ESPN Bet’s payout speed will vary depending upon payout preference. If ESPN Bet maintains Barstool’s payout methods, there will be multiple ways to quickly have your winnings withdrawn from your bankroll.

ESPN BET deposit options and limits

If ESPN Bet utilizes all of the deposit methods Barstool Sportsbook did then there will be plenty of options available. ESPN Bet will most likely list online banking, credit/debit cards, PayNearMe, PayPal, eCheck and wire transfers as ways to deposit funds. The newest and most improved method to deposit funds into any sportsbook is through debit cards because of the convenience and rapid process time. Currently Barstool accepts the US dollar and newly added cryptocurrencies including Bitcon, Bitcoin cash, Ethereum, Litecoin, and others. However, crypto can only be deposited currently in Colorado and Virginia. 

How to Deposit at ESPN BET

If ESPN Bet’s signup process is anything similar to what Barstool has already implemented, then signing up for ESPN Bet will be a breeze. From the homepage of the app, you’ll click the ‘Get Started’ button which will prompt you to add an email address that’ll be used to verify your account. Next, you’ll add your username, password and any promo code you’d like to apply. Personal information such as your first and last legal name, your birthdate and the last 4 digits of your social security number is what’s required next. On the next page, you’ll add your address and phone number. Lastly, you’ll accept the terms and conditions and boom! Your account has now been created. Afterwards you’ll click the ‘Deposit’ button from the home page which will prompt you to choose a desired amount and deposit method.

How To Fund Your Account

Everything You Need To Know In 5 Easy Steps!

Go To Your Sports Betting Site

Log in to your sports betting account

Visit the Cashier Page

Locate and enter the cashier/payments page

Select A Payment Method

Choose your preferred deposit method and input required details *With most sportsbooks you need to set a payment method in the registration process, this is then used for both deposits and withdrawals

Enter The Deposit Amount

Enter the total amount of funds that you wish to deposit into your sports betting account and click on the deposit button.

Confirm Deposit

Visually confirm that the funds have been added to your account balance, and then you are free to wager them. Good Luck. *The time it takes the funds to be credited to your account differs between payment methods. But the best methods will instantly credit your account

ESPN BET withdrawal methods: What are the best options?

ESPN Bet will most likely have a larger selection of withdrawal methods than most. All standard withdrawal methods already used by Barstool are predicted to remain available at ESPN Bet as well. This means online banking, debit card, PayPal, VIP Preferred, checks and wire transfers will most likely be available. What is uncertain is if ESPN Bet will have a Play+ prepaid account like most other major sportsbooks. If I had to go out on a limb and guess, the answer would be yes. Debit card withdrawals are one of the newer withdrawal methods. It instantly became popular due to payout speed and convenience sake. Although cryptocurrency are available as deposit methods in Colorado and Virginia, they are not yet available for withdrawal. 

In comparison to other major sportsbooks, seven different choices to withdraw is pretty solid. You can see from the FanDuel payment methods and DraftKings payment methods that it keeps pace with some of the other big names in the industry.

How to Withdraw at ESPN BET

When you’re ready to transfer some of your cash from your bankroll to your bank account, the step-by-step process at ESPN Bet is predicted to be an easy one. If ESPN Bet maintains a similar style to Barstool, you'll go to your account in the top right corner of the app and click the ‘Withdraw’ button. From here you’ll select the desired amount and preferred withdrawal method. Clicking the ‘Continue’ button at the bottom will allow you to review your withdrawal request before submitting your ticket.

ESPN BET payout speed: How quickly can you get your winnings?

Although no one is 100% sure what payout options will be available through ESPN BET quite yet, what we can theorize is that if PENN Entertainment maintains its variety of deposit methods, there will be tons of options no matter your preference. At Barstool, eight different deposit methods were offered with a $10 minimum deposit and instant processing time for all.

PayPal and electronic withdrawal methods will likely be available and if they are, they’ll be the fastest options accessible. While wire transfers will likely require the most time for transferring winnings.

Accepted currencies
  • USD
    USD

ESPN BET payment methods FAQ

How fast does ESPN Bet payout?

As with all sportsbooks, the payout speed at ESPN Bet will be highly dependent upon with payout method is preferred. Most payout options are processed immediately with payout speed ranging from 3-5 days for the fastest payout methods. 

Do you have to pay taxes when you win at ESPN Bet in the US?

In the US, winning sports bets are considered taxable income which means you should pay taxes on your winning bets at ESPN Bet. It’s important to keep track of your wins and losses to properly complete tax forms when the time comes. Consult a local tax professional in locality if you have questions. 

Does ESPN Bet accept Bitcoin?

Barstool Sportsbook recently added Bitcoin and a handful of other cryptocurrencies as deposit methods. While we can almost bank on ESPN Bet expanding upon the idea to add currencies, it has not been decided yet. Although only currently available in Colorado and Virginia, be on the lookout for Bitcoin and other currencies to be added as deposit and withdrawal methods in the future. 

Can I change the currency in my account?

If ESPN Bet is anything like Barstool Sportsbook, it will allow different currencies. Although changing currencies once it’s in your wagering account will most likely not be permitted. Currently, Barstool doesn’t allow for any currency conversion. 

Can I use different options for deposits and withdrawals?

While ESPN Bet will most likely have a variety of deposit and withdrawal methods, it’s important to remember that you’ll have had to previously deposited with that method before you’re allowed to withdraw.

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