Sportsbook Deposit Methods for USA

Though there are laws that United States citizens should be cognizant of when banking with an online sportsbook, there are still plenty of USA sportsbook deposit methods for players to choose from. The sports betting sites will offer numerous options to meet the financial needs of bettors, with methods that can be sent online and those that you can physically mail in. You will find that you can pick a deposit type that has a small fee, or choose one that has the fastest processing time. The way you make a deposit into your account is completely up to you.

It is always beneficial to learn more about all of the popular deposit methods at USA sportsbooks. Our easy to read guide will walk you through all the most relevant aspects, from the legal aspects of funding your account to the best deposit methods for USA sports bettors. By the end of reading the page, you should feel confident to make your first online sports betting deposit at a reputable online book.

Best Online Sports Betting Deposit Methods For High Rollers

USA sportsbooks greatly value all of their customers, but high rollers are in a category of their own. As a high-stakes bettor, you want to put at least a few thousand dollars down on a bet rather than sticking to a mere $100. The best online sportsbooks that allow wagers of $5,000 or more to be placed on a single bet are list here. Even if the wagering limit is set at $5,000, $10,000, or $15,000, there will be separate deposit limits that specify how much you can deposit into your account. Each payment method has its own set minimum and maximum, along with an approximate processing time. For the best deposit methods for high rollers, read our recommended options below.

Best Online Sportsbook Deposit Methods For High Rollers

USA sportsbooks greatly value all of their customers, but high rollers are in a category of their own. As a high-stakes bettor, you want to put at least a few thousand dollars down on a bet rather than sticking to a mere $100. The best online sportsbooks that allow wagers of $5,000 or more to be placed on a single bet are list here. Even if the wagering limit is set at $5,000, $10,000, or $15,000, there will be separate deposit limits that specify how much you can deposit into your account. Each payment method has its own set minimum and maximum, along with an approximate processing time. For the best deposit methods for high rollers, read our recommended options below.

Bank Wire Deposits For Large Wagers

The first recommended deposit method for high rollers is bank wires. The biggest benefit of bank wires is that there are often no maximums imposed on the amount that can be deposited into your account. It only takes 1 – 3 business days for your bank to process the request, and then the sportsbook will credit your account immediately. Your banking institution may charge an international transaction fee, and the sportsbook may also charge their own fee. Even so, the fact that bank wires have such a high maximum and offer unlimited deposits makes the method worthwhile.

High Roller Sportsbooks Deposits By Check

Checks will most often have the second highest deposit maximum at online sportsbooks. You can obtain a cashier’s check from your bank that is worth up to $25,000. The sports betting site will specify the address to mail the funds to once you have selected the check option from the cashier. Once you have mailed the check via DHL, FedEx, or other express service, just contact customer service with your tracking number and the funds will be processed upon receipt. All in all, high roller check deposits can be credited to your account within 5 business days and the only fees you pay are the cashiers check fee and to your mail carrier for delivery.

Why Won’t My Online Sportsbook Take My Credit Card?

Many bettors will unfortunately have to deal with the frustration of a credit card payment getting declined at an online sportsbook. What many do not realize is that their bank or card processor is declining the transaction, not the sports betting site itself. The Unlawful Internet Gambling Enforcement Act (UIGEA), which we cover in detail on our UIGEA of 2006 page, prohibits US financial institutions from knowingly accepting transactions related to online gambling. Those who use any type of card payment system must have policies in place that prevent the payments from being processed. Though the UIGEA makes using your credit card hit or miss, there are other options such as prepaid cards that have a high success rate for US bettors in states with sports betting.

Making PrePaid Card Deposit At USA Online Sports Betting Sites

With credit cards being subject to getting declined, making a prepaid card deposit at an online US sports betting site is a reliable option for bettors. Prepaid cards can be purchased from a variety of vendors, and take the guess work out of whether or not your bank issued card will actually go through. All a bettor has to do is make sure that the card reads “good on international purchases”, and your sportsbook customer service will even have a list of preferred prepaid cards. The representative can also discuss any processing fees that you may incur for using the card. Aside from being reliable, the speed in which cash is applied to your account is a major benefit. You do not have to wait days or hours like you do with some other methods, the money is credited to your account immediately. The minimum and maximum deposit amounts will typically mirror those of credit/debit cards, with deposits as low as $10 and high as $5,000.

Best Deposit Methods For US Sports Bettors

With all of the different deposit methods provided by sports betting sites, every bettor will be able to find an option that works for their unique needs. You may be looking for speed, or perhaps the methods with the lowest fees. We find that these are the two most important aspects that bettors look for, and there are many deposit methods that fit both of these needs. Below we have a list of the best deposit methods for US sports bettors, along with the distinctive advantage of each.

Bitcoin Sports Betting Deposits

Bitcoin is the #1 deposit option for US players because the e-currency is accepted everywhere. You do not have to worry about a bank or any other operator declining the payment being that the currency is decentralized. Bitcoin is also the fastest deposit method, only requiring you to transfer your funds and press submit. There is no charge for funding your account with Bitcoins, and you can also use the method to request a payout later on.

  • Fees: None
  • Processing Time: Instant
  • Min: $20
  • Max: $10,000
How To Fund A Sportsbook Account With A Money Order

Money orders are often an option exclusive to US customers, making it a great method. You can pick up a money order virtually anywhere, such as Walgreens, Wal-Mart, the Post Office, and other convenient locations. All you have to do is express ship the money order to the sportsbook and the funds are processed instantly.

  • Fees: Rate fluctuates. Verify with customer service.
  • Processing Time: Within 12 hours of receipt
  • Min: $300
  • Max: $10,000+
Sport Betting Deposits By Credit Cards (Visa, MasterCard. American Express)

Credit cards are the go-to option for most bettors even though the processing is not guaranteed. It is easy to simply pull your credit card out of your wallet and enter a few numbers, plus if approved you can begin wagering immediately. All major credit cards are accepted by the majority of sportsbooks, and sites such as Bovada have improved their credit card success rate over the years.

  • Fees: None to 7%
  • Processing Time: Instant
  • Min: $20
  • Max: $5,000