Payment Methods → Safe Deposit & Withdrawal Methods - Supported US Payment Methods

All major US sportsbooks have several betting deposit methods. In order to make a betting deposit or a withdrawal, bettors should know what options are available to them. This article will provide a list of all supported betting deposit methods. 

It will also highlight factors in choosing a payment method. When depositing funds at a US betting site, bettors might encounter deposit and withdrawal limits. These will be explained in the relevant section below. This article also includes an FAQ section, where potential bettors can find answers to queries they may have about using betting deposit methods.

Accepted Payment Methods - Complete List for Convenient Betting

Funding your account is the most crucial consideration you will have to make when you are looking to wager online. There are plenty of methods to do this and we will be running through some of the most common methods on the market.

PayPal

Paypal is one of the simplest betting deposit methods available to bettors. Paypal is efficient and will process a bookmaker’s deposit immediately. Paypal also is a secure and trusted method and is used by almost all booking sites. In order to use this betting deposit method, bettors will need to register an account and store or transfer funds to their account. Paypal is censure and trusted betting deposit method for bettors.

Visa

Visa is one of the most widely used betting deposit methods. Transactions can be made by debit or credit card. Visa is supported by almost all financial institutions. Therefore, bettors will be able to make secure transactions. It is flexible and reliable, and transaction fees are fair. No doubt, Visa is a great betting deposit method.

Mastercard

Mastercard is also one of the most common betting deposit methods. It is a well-renowned payment system that ensures a seamless transaction for bettors. Mastercard is safe and secure. Bettors using Mastercard will need to have a bank account. Mastercard is a good option for bettors, without a doubt.

Neteller

Neteller is a widely accepted betting deposit method and is used by almost all U.S. booking sites. Bettors can use credit or debit cards to load their accounts. Neteller is no doubt a good option for anyone looking to fund their account.

Skrill

Skrill is another e-wallet betting deposit method. It is widely used in Europe but is fairly new as a betting deposit method in the U.S. Skrill is geared towards bettors and provides a VIP program for frequent customers. Skrill is a fast if slightly more expensive betting method. It is not used on all US betting sites. Skrill is a decent option for fans of wallets looking to fund their online sports betting accounts.

Paysafe

Paysafe is a prepayment betting deposit method. It is fast, efficient, reliable, and secure and is used on most betting sites. Paysafe is an online payment method that is suitable for both experienced and beginner bettors. It is easy to use and has lower transaction fees. To use Paysafe, bettors will need to register an account. Paysafe is a good option for almost all bettors.

Click2Pay

With Click2Pay, bettors will have the option to both make a betting deposit and a bookmaker’s withdrawal. Click2Pay is available on most betting sites. Bettors will need to register with the site to use this betting deposit method. Click2Pay has no application, bettors will need to visit the site to register.

ecoPayz

Ecopayz is a fast, efficient and secure betting deposit method. It is used on most U.S. booking sites. Bettors will need to register an account on Ecopayz. Ecopayz is available as an app. Ecopayz is an ideal betting deposit method.

Bitcoin

Bitcoin is a safe and secure betting deposit method that stores and transfers funds from cryptocurrency wallets. It is a flexible and easy-to-use system. Bitcoin allows for both lower and higher bets and payments are fast and efficient. Bettors will need to make an account, but no doubt, Bitcoin is a good betting deposit method.

Choosing a Banking Method - Important Factors to Consider  

Security

Bettors may be concerned about security when making a betting deposit or when making a bookmaker withdrawal. Bitcoin payments are a good betting deposit method, as they are secure and easy to navigate. E-Wallet methods, such as Paypal, Skrill, or Ecopayz, are also widely trusted. You will also have the option of making use of one of the more traditional options of depositing with your credit or debit card. This payment method has been on the scene forever and all betting deposit methods are secure and bettors have a range of options to choose from.

Privacy

Paypal, Skrill, and Ecopayz protect the privacy of bettors who make online betting deposits. Some betting deposit methods may require bettors to upload personal details to increase or decrease transaction amounts or to make a withdrawal. If you are highly concerned about your online privacy, you should consider making use of an online operator who provides the option to fund your account with cryptocurrencies.

Cryptocurrencies will allow you to make transactions while sharing minimal personal details. However, with most methods, bettor’s privacy will be protected.

Bonuses

Not all betting deposit methods support bonuses. Skrill does not accept all welcome bonuses and may limit access to promotions. This is usually done to avoid any misuse of the promotion that is being offered by the online service provider. You will be able to find the supported payment methods detailed within the terms and conditions of each promotion so be sure to check this out before you commit to signing up. Some bookmakers may not accept Neteller for promotions. Bettors should always be aware of these limitations.

Fees

Fees differ according to the bettor’s chosen payment method. Bettors using credit and debit cards may experience higher transaction fees. Bettors using Skrill will most likely pay higher transaction fees when depositing or withdrawing funds, as both deposits and withdrawals will incur charges. Click2Pay is an ideal betting deposit method as deposit fees are free when using a bank account. Withdrawal fees are minimal with this method. 

Neteller and Ecopayz are good options for bettors who want to pay lower transaction fees. Paysafe has lower fees for 6 months, but transaction costs increase over time. Transaction costs vary between betting deposit methods. Bitcoin also has lower fees. Betting deposit methods such as Neteller have no transaction fee. Bettors using Visa may be charged a low fee for making a credit card deposit or may pay no fee if the account is a debit account.

Transaction Time

Transaction times are usually relatively fast. Deposits using debit and credit cards are immediate, but a bookmaker’s withdrawal can take up to 48 hours to process. Paypal, Neteller, Ecopayz, and Skrill are ideal bookmaker withdrawal options, as payments can be processed within days. Deposits are instant with e-wallet betting deposit methods. Click2Pay also has shorter transaction times. Most payment methods are fairly quick when bettors make deposits. Withdrawals, however, may take longer. Be sure to take this into account when you are looking to transact online.

Deposit and withdrawal limits

You might find that there are limits placed on your betting deposit methods and this could be due to a number of different reasons. Plenty of online service providers offer customers the option to set their deposit limits in order to minimize the impact of gambling addictions. You will also find bookmaker withdrawal options are limited as most online operators can only pay out a certain amount of funds at any given time. 

These limits vary with different payment methods. If bettors use credit or debit cards as a betting deposit method, they may be able to deposit as little as $5 and as much as $50 000. Most booking sites accept deposits of between $1 and $25 000 from Visa accounts. Bettors may be able to withdraw up to $10 000 per day with Visa, with some booking sites accepting amounts high as $50 000.

Bettors using Mastercard may be able to make a minimum deposit of $20 and a maximum limit of $2500. Withdrawal limits range between If Bitcoin is used as a bookmaker withdrawal option, bettors can withdraw 5 payouts of up to $10,000 every week.

Bettors using Skrill as a betting deposit method or as a bookmaker’s withdrawal option may be limited when transferring or withdrawing funds. Skrill also requires bettors to upload photographs of identity documents before making lower or higher transactions. Click2Pay has a minimum limit of $20 and a maximum of $2000, whereas Neteller allows for a minimum deposit of $5 and allows for withdrawals up to $10 000.

FAQs About US Payment Options

Whenever you are looking to fund your account online, it is important to ensure that you feel safe and secure while doing so. To comfort any online customers who are worried about funding their account, our team of experts here at Oddspedia has put together this FAQ section to help guide you through any issues you might encounter throughout your career.

What payment methods can I use with online betting sites?

Depending on whether you are looking to make a bookmaker withdrawal or deposit you will find that there are different payment methods supported by different bookmakers. Each of these online betting sites will be looking to offer the widest variety of payment methods in order to attract as many interested customers as possible.

You can make use of our detailed payment method pages to determine exactly which payment methods can be used for the specific online betting service you are interested in. These pages have been put together for just about every bookmaker on the market.

What if the funds are not credited to my betting account?

If you have made a bookmaker deposit and you are worried because the funds have not reflected within your betting account, just give it some time at first. Most betting payment methods will have a certain processing time that is applicable before the funds are available to wager. If you made use of a credit card when depositing, you might want to contact the customer support team of the bookmaker to ensure that the payment went through. If it has been more than three days with the other methods, make sure to contact the support team as well.

How long will I have to wait for my funds to be credited?

Depending on what betting deposit method you have chosen to use, you will find that there is a different amount of time that is needed to process the payments. This is due to payment methods themselves as most external financial institutions will have to validate the transfer of funds. If you are using a credit card, you will find that the funds will be deposited into your account almost instantaneously.

What fees will I have to pay?

With each of the betting payment methods that are available with online bookmakers, you will need to pay a certain amount of fees to use the service. This is common practice within the online sports betting industry but you can make sure that you aren’t paying above the industry standard. Our detailed bookmaker reviews take a close look at each service provider out there and detail exactly how their fee structure compares to other offers on the market. Be sure to make use of all the information available here at Oddspedia.

Conclusion

This article has given bettors options when making deposits or withdrawals into betting sites. Bettors have several viable options to choose from and can consider the limits and benefits of each betting deposit method. Bettors will need to remember that certain betting deposit methods may have a longer transaction time, or may require higher transaction fees. Deposits are available through almost all of these methods, but bettors should be aware that not all services will allow deposits and withdrawals. The betting deposit methods mentioned above are all trusted options.

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