Gambling Bank

When you get into online sports betting, you obviously can’t just take money to the cage and collect your winnings there either. Because all of your betting is done digitally, your banking options must also be done digitally. In this guide, we’re going to walk you through all of the deposit and withdrawal options available for placing your sports betting action online.

  • The bank has a staff base of about 79,000 employees. The bank was established in the year 1864, and since then, it has facilitated many Canadian account holders to fund their online gambling activities. Here is a list of RBC online gambling sites that have passed our selection criteria in both value and quality of gaming experience.
  • Cottage Creek Piggy Bank, Casino Money Coin Bank, Round Ceramic Slots Jar with Black Lid, Gambling and Vegas Money Bank White 4.5 out of 5 stars 52 $22.99.
  • For those who really are unaware, this deposit option features a plastic card that is either connected to a bank account or has a certain amount of credit already built into it. All you will need to do is enter your card information and you will be gambling in no time! It’s only right to talk about Visa’s sister payment method next, Mastercard.
  • Open a bank account To run online gambling business, one definitely needs a processing (merchant) account to process clients’ transactions and a bank (current) account to use the revenues from the business at one’s own discretion.
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The “basic” option is a straight bank transfer from your bank to the gambling site. This method is typically instant, but in some cases can become delayed if there are issues with the information that you provide. A bank transfer is going to require account numbers and routing numbers.

While some of these options might be new to you, you’ll find that once you get things set up, it’s a lot more convenient than having to drive to and from the sportsbook every single time you want to make a bet or a transaction. The safety and security that comes with not having to leave your home with large sums of money is also a huge perk that we’re sure you’re going to be a fan of.

Deposit Options

There is such a large list of deposit methods that work for online sportsbooks that we believe there is a method out there for everyone. There are even some options for those who do not have a bank account!

Once you find the method that you believe is going to work for you, be sure to check out the full review by clicking on the button below each description. This way, you can do some further research to be sure that the specific method you have your eye on is really going to be the best option that you can find.

Credit Cards

We figured we might as well kick off the list with the most popular and widespread deposit option that exists worldwide, credit cards.

If you have not heard of Visa, we would like you to take a visit outside of the cave you have been hibernating in for the last six decades.

For those who really are unaware, this deposit option features a plastic card that is either connected to a bank account or has a certain amount of credit already built into it. All you will need to do is enter your card information and you will be gambling in no time!

It’s only right to talk about Visa’s sister payment method next, Mastercard. The two are grouped together more often than peas and carrots. The difference between these two is minimal, and it probably does not make a difference if you use one or the other.

However, the rewards for using each card are determined by the card issuer and not by the payment network. This means that we are better off paying attention to the specific terms and rewards offered rather than whether the card is Visa or MasterCard.

The main similarity between MasterCard and Visa is that they both feature plastic cards with 16 numbers on them. Once you enter these numbers into your sportsbook cashier, you should be ready to gamble instantly.

Cryptocurrency

One of the newest methods of funding your online sports betting account is cryptocurrency. Cryptocurrencies are a new form of digital currency that is not regulated by a central bank which allows it to have much lower/no fees and much fewer issues when transferring funds across the web and internationally. As many online sportsbooks are internationally based, this can make things a lot easier for players to get started.

Now, cryptocurrency is very new and can be a little confusing if you don’t have any experience working with it. Many of the different cryptocurrencies out there also fluctuate in value which will have an effect on your sports betting experience. If you deposit money in crypto and then go to cash it out, you will be cashing it out at whatever the current value of that currency is. If the value has gone up, you’re going to be getting a lot more money than you expected. But, if it’s gone down, you’re going to get less than you might have expected. This is just something to be aware of.

The most well-known cryptocurrency and the most used in online sports betting is Bitcoin. Unless you’ve been living under a rock, you’ve probably at least heard of Bitcoin. With online sportsbooks, you’ll usually see sites that offer Bitcoin as a deposit option as well as some sites that operate exclusively in Bitcoin.

You will also usually see some bigger deposit bonuses when it comes to using Bitcoin because it costs a lot less for the site to fund the account which means they can pass those savings on to you. Usually, when you make a deposit, the sports betting site will eat all of the associated fees with your deposit. With Bitcoin, those fees are much smaller or nonexistent which means they have some extra money to play with that they often turn around and give to you as a bonus.

If you’re going to use cryptocurrency to fund your online sports betting endeavors, make sure you fully understand how it works. For a lot of people, it’s going to be a great option, but we don’t want you getting involved with it if you don’t understand all of the nuances and the ins and outs. The link below will take you to our list of recommended sportsbooks that use cryptocurrencies as well as a more in-depth breakdown of how they work

Bank Wire

Bank Wires are mostly used for withdrawals, but they can be used to deposit on some online sportsbooks as well. For those who are not a huge fan of used e-wallets or plastic cards, bank wires can be an easy way to deposit money.

This method is also preferable for high stakes players since large amounts of money can be transferred securely. There are not many options that will permit large transactions and still be extremely safe at the same time.

E-Wallets

Skrill is an extremely popular e-wallet that is available at nearly every online sportsbook in the world. They are accepted in over 200 countries and support 40 different currencies.

Their flexibility is impressive, but so is their ability to give out pre-paid MasterCards that are connected to your Skrill account. This top-level convenience enables you to get your money out of an ATM at any time you like, for a small fee. Depositing onto Skrill is as easy as can be if you have a bank account, or you can just buy some funds off a friend who already has money on there.

This e-wallet is still a great option for the rest of the world to fund online gambling accounts to this day. They are known for their extensive security measures and extremely fast transaction times.

We recommend this payment option for anyone that has access to it because they also feature a debit card that can be used at any ATM to take your money out of the e-wallet. The fees are minimal for this convenience and it is much better than waiting to receive a withdrawal.

PayPal

Paypal is an e-wallet much like Skrill, Neteller and ecoPayz, which we will talk about later. The difference is that PayPal does not offer a VIP program and their customer service is known to be a little shaky at times. They are also not offered by most online gambling providers like their e-wallet counterparts are.

However, when it comes to facilitating online gambling transactions, PayPal does the trick instantly and without fees. The only time a fee is incurred is if you try to convert currencies or if you try to use a credit card to transfer money into your PayPal account.

The best feature of PayPal is that once you connect a bank account to your account, they will transfer your balance to your bank for a small fee of $0.25. This transfer is done within a shocking 30 minutes, which dominates any other option in the industry

eCheck

Echeck is one of the most secure deposit methods that you can possibly find. They feature digital fingerprints and a tracking feature to help to maintain this high level of security.

Echeck is also very popular and can be found in nearly every online sportsbook. It is just like writing checks, except it’s digital. There are much lower wait times involved with this method compared to writing checks and mailing them, so if paying with checks is your thing, you should give this method a shot.

InstaDebit

InstaDebit is one of the top options for funding an online sportsbook account for players from Canada. They can be found in most sportsbooks, and they are known to be a fast and secure banking method.

The transactions are free, and you can connect your InstaDebit account to your bank account at any time. We recommend taking a few minutes to setup an INSTAaccount so that you will be eligible to hit some giant jackpots during your gambling escapades.

Western Union

If you are looking for an easy way to deposit using only cash, Western Union is a great choice. All you need to do is find a location that offers Western Union transactions. Luckily, there are tons of them in nearly every major city, and you can find them with a simple Google search.

Once you find an active Western Union location, you simply need to send the money to the sportsbook. To get the information on where to send the money, just start the deposit in your sportsbook account’s cashier and they will provide you the exact name and location to send the money. Within 30 minutes after sending the funds, you will be gambling online with your cash!

Zimpler

Zimpler is a simple and mobile-friendly payment option for online gamblers from Sweden and Finland. It was founded in 2016, which makes them one of the youngest payment options on our list. However, the company’s name used to be PugglePay, which was started in 2012.

This payment option caters specifically to gamblers with their feature that permits you to set your own stop-losses with a monthly gambling budget. They are also safe to use and have great reports from Scandinavian gamblers.

Instant Banking by Citadel

With a network of over 200 banks participating, this instant banking option is extremely popular for gamblers in over 30 countries. Users can connect to this option using their own bank accounts, which is extremely convenient.

Citadel does not charge any fees, and users of this service will also enjoy anonymous transfers. These deposits take a matter of seconds, so we recommend this method for anyone in participating countries.

GiroPay

If you have a bank account in either Germany or Austria, odds are that you have used GiroPay to complete an online transaction before. Many online sportsbooks now accept GiroPay, which serves over 17 million customers.

GiroPay is the second most popular online payment method in the German region, losing only to Sofort Uberweisung. This is impressive considering they were founded just 11 years ago.

EntroPay

Entropay is a prepaid virtual Visa card that will work anywhere that Visa is accepted. This was the very first prepaid virtual card to exist in Europe when it emerged in 2000. With this card, you will be able to deposit onto online betting sites using USD, EUR or GBP currencies.

Gambling Bank

All your personal information is protected by 128-bit encryption with EntroPay, so you can be sure no one will be stealing your personal data. We are very impressed with the security and confidentiality that EntroPay brings to the table.

Paysafecard

Paysafecard is one of the most popular ways for Europeans to deposit money into online betting sites. They were launched in Austria way back in the year 2000, and they now have over 1 billion customers. Instead of the usual plastic card routine, they have a unique voucher system which serves to facilitate transfers.

The only catch is that withdrawals are not always possible using this method. For betting sites that require you to deposit using the same method that you wish to withdraw money, this could end up being a huge pain.

Trustly

Hailing from Sweden, Trustly has been around since 2008 and serves only residents of countries that are members of the European Union. This service allows gamblers to deposit online using money from their bank account. All deposits or withdrawals are instant.

If you have an account at one of the participating banks, you can deposit using this option without any intermediary steps making things complicated. You don’t even need to sign-up for an account to use Trustly!

Sofort Uberweisung

Sofort Uberweisung is an award-winning German payment method that is so easy to use, you do not even need to sign-up and make an account. This method lets players who have bank accounts use those bank funds to complete online transactions.

This is one of the most prevalent payment methods in online sportsbooks, especially those that serve Europe. All that users need to do is enter a verification code that is sent to their phone, confirm the transaction and they will have their money sent instantly to any supporting online sportsbook.

Choosing the Best Deposit Option

Wow, that list of deposit options from above is insanely long! How can you possibly know where to start if you are new to the Internet gambling scene?

Well, the first thing you need to do is consider your current life situation. There is no way to make a proper decision about what is good for you if you do not consider all the variables surrounding your life at this very moment.

For example, if you do not have a bank account, you will need an option that does not use banks. If you do not have a bank account, and you are low on money, your best option might be to not deposit at all.

If you have a bank account but want to deposit a large sum of money, you will need to find a method that facilitates large transfers using banks. If you have a credit card, but you are poor and want to avoid the fees that come from using it, you might want to find a method that is totally free.

As you can see, the answer to this question all depends on your personal needs. These needs can only be addressed by taking a step back and deciding what it is that you are looking for.

If we had to choose, our personal recommendation for a deposit method would be Bitcoins. This digital currency is extremely convenient for sending money from country to country, which often happens in the online gambling world. Bitcoins also feature 100% anonymous transfers, faster transactions than normal banking methods and lower house edges on the sites that accept them.

Withdrawal Options

Putting money onto an online sports betting account is great because it gets you into the action. But, the most fun part of online sports betting is winning and getting to withdraw those winnings and enjoy the spoils of your victories. What we’d like to do now is talk about the different options that you have when it comes to withdrawing your money from your account and help you to pick out which options is best for you.

When it comes to withdrawal options for your sports betting account, you’re going to have pretty much every one of the above-listed deposit options that also works as a withdrawal option. This means that the same ways you move your money onto the sites are the same ways you can move your money off of the sites.

Now, instead of just listing every option again here with a brief intro, we want to do something that we think will be more helpful. We’d like to talk about the characteristics and factors that will separate each of these withdrawal options. It’s hard for us to know which options are going to be available for you and how each different sportsbook is going to have those options structured. An option at one sportsbook might be available at another, but the parameters of how it works might be different.

So, if we teach you what to look for instead of generic information about each option, you’re going to be much better equipped to choose the option that is the best for you. Here are the different factors that will be different with each of the above options. Remember, this information will be readily available on the online sportsbooks banking or withdrawal page. If it is not, these are the questions you are going to want to contact customer support and ask about.

What’s Available in Your Area

Not every withdrawal option is going to be available to every single person. As online sportsbooks almost always use third-party processors, they are forced to follow the rules and guidelines of those processors. Not all of those processors service every part of the globe which means that not every withdrawal option is going to be available to every single player.

Here’s the thing, though. If you utilized an option to deposit money online, then that option is almost certainly going to be available for withdrawals in your area. In fact, with a few of the options, you are required to have made at least one deposit in the history of your account from that option before you can use it for a withdrawal.

This is to protect you so that they can confirm they are releasing your winnings to the correct account and not to some scam account trying to take your money.

How do you know which withdrawal options are available in your area? Well, most online sportsbooks make it easy. When you click on the withdrawal tab, they’ll have a list of the options that are available to you in your area. It’s really that simple.

The Time to Receive Your Funds

One of the most important factors that you need to look at when selecting a withdrawal option is how long it’s going to take to receive your funds. Your computer can’t just print out checks or dollar bills, so there is going to usually be a wait period to get your money. But, a lot of times that wait period is just a few minutes until it shows up into your account or a few days for most other options. There are some options that can take longer, but these are quickly becoming more and more obsolete.

When you go to select the withdrawal option you want to use, look for a table that breaks down how long the withdrawal is going to take. Remember, there are two stages to the withdrawal that your funds will have to go through. First, the sportsbook themselves will need to approve it. This usually doesn’t take long as long as you submit your withdrawal during the hours they have staff working in the banking department. At a lot of major sites, this is 24/7, though.

Then, there is the processing time of the actual withdrawal method. For some options like:

  • Bitcoin and other third-party wallets, this can be instant or just a few minutes.
  • If you select an option like check by courier, though, that is usually going to take a few days or in some cases a few weeks.

The sites should be very clear with you about how long each option is going to take so you’re well aware of what you’re selecting.

The Fees Associated with Your Withdrawal

This is something that you’re really going to want to look at when you’re withdrawing your money from an online sportsbook – the fees. First, a lot of online sportsbooks offer free withdrawals every month to all of their players. Some even offer free withdrawal no matter what. But, there are still a lot of sites and options out there that do have some fees associated with them. You’re going to want to look into this to make sure that you’re comfortable paying the amount for the withdrawal option that you are choosing to use.

Again, most sites are going to give you at least one free withdrawal monthly with any of their options which should be plenty for most players. Some sites will even give you one free withdrawal with EACH of their different options which should also be plenty.

As for the options that have fees, usually, these are small and just to cover the costs of the third-party processor.

That some sites do have larger fees, and this should be something you take into account when selecting which withdrawal method is best for you.

We are seeing a slow movement away from fees altogether, but we’re probably far off from that becoming a complete reality just yet.

The Limits and Caps on Withdrawals

Because online sportsbooks use third-party processors (other companies that are better at this kind of stuff), they do have to follow the rules and guidelines of those companies. We mentioned earlier that came into play with where they offered service, but it also comes into play when you’re talking about how much you can withdraw in one transaction and how often you can use that option.

Make sure you look at the minimum and maximum withdrawal amounts per transaction before you select an option. If the minimum is too high for a smaller withdrawal, you’ll want to find an option with a lower minimum. If the maximum is too low, then you do have a few options. One, you can make multiple transactions with that withdrawal option. Two, you could utilize a second withdrawal method to get things moving quicker. Or three, you could contact the site’s customer service and see if they are able to help you out with an option to get your money off quicker.

The other sort of withdrawal limit you may run into is a frequency limit. Some sportsbooks online will allow you to cash out as many times as you want with as many options as you’d like. But, some of them have limits to try and prevent people from overusing and abusing the system.

You might only be able to request one check per week instead of requesting 50 checks a week. This helps them to move everyone’s cashouts quicker without getting bogged down by too many requests from one person who is just abusing the system.

We would recommend that you take a look at these limits and caps on withdrawals before you start using an online sportsbook to ensure that you’re getting involved with a sportsbook that accommodates your level of play.

Choosing the Best Withdrawal Option

It should be fairly obvious that to choose the best withdrawal option for you, you choose the one that is available and fits the most important parameters to you from the above list. The perfect option may exist and it may not. If it does, go for it. If it does not, rank what is most important to you and choose accordingly. For example, if speed is most important and the fastest option has a fee associated, pay the fee and get your money quicker. Or, if paying no fee is the most important, and that is associated with a slightly slower option, but you can wait, then take that option.

Also, remember that you can use multiple options at the same time. If a sportsbook gives you one free withdrawal monthly, that may be one free withdrawal of each type. If that’s the case and you’re running into cap limits, go ahead and use multiple options at once. Usually, you won’t need to do this, but we wanted to make sure you at least thought about it in case you run into some sort of interesting situation where you do need to get creative.

Conclusion

That’s really all there is to the banking side of things. In the early days, the banking side of online sports betting was challenging and took away a lot of the associated convenience. But, now that we’ve seen so much growth in the industry, moving your money around has become extremely easy and pain-free.

Just choose the options above that are best with you, make sure you bet with a reputable online sportsbook, and you’re surely going to have a great time betting sports online.

When you sign up online using USA casinos, sportsbooks, or poker rooms, you can enjoy safe, legal real-money betting from the comfort of your own home. However, that only works if you’re going to be able to get money into and out of your account reliably, easily, and quickly. Fortunately, the best sites in the business all offer several US-friendly online gambling banking options.

The first step, of course, is to make sure that the site you choose offers gambling deposit options that work for your needs. Then, it’s simply a matter of funding your gambling account, playing your favorite games and betting on your favorite sports, and withdrawing your winnings.

Gambling payment methods run the gamut, from traditional credit and debit options to bulletproof Bitcoin transactions and even old-school bank wires, money orders, and cashier’s checks. No matter how you manage you bankroll, our brief guide will help you do it safely and efficiently.

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Online Gambling Deposit Options For US Players

After you choose a top offshore online casino that caters to US players, the next step is to check our online gambling reviews page to see what funding options are available. Fortunately, all the operators we recommend are low deposit gambling sites, which means it doesn’t take more than about $20 dollars to get started.

Because membership is free and such a minor investment is required to begin winning real money, you can join several sites without spending an arm and a leg, allowing you to see which suite of casino games, sports betting options, and online poker action suits you best.

Credit Card and Debit Card Deposits

You can use credit cards and debit cards to make deposits at any reputable betting site operating outside of US jurisdiction. However, these transfers might be slowed by the UIGEA law, making them less than ideal despite their immediate transaction times. The main cards accepted are:

  • Visa
  • Mastercard
  • American Express

While you are unlikely to experience a hold or rejection very often, US gambling sites that accept Visa, Mastercard gambling sites, and gambling sites that accept American Express are susceptible to transaction interference about three percent of the time. As long as your transfer isn’t blocked or suspended, these options are fast and convenient.

  • Fees: 3-9%
  • Deposit limits: Up to $3000
  • Transfer times: Instant

Cryptocurrency Deposits

Crypto deposits are our favorite and most recommended method of moving funds into and out of real money gambling sites. All of the best online casinos, top online sportsbooks, and highest-volume online poker sites accept Bitcoin as a matter of course, and a few also accept a limited selection of altcoins, including the following:

  • Bitcoin
  • Litecoin
  • Ethereum
  • Ripple
  • Bitcoin Cash
  • DASH
  • OX (ZRX)
  • +More

There are numerous advantages to using cryptocurrencies for all your USA online gambling needs, and these are discussed in the Bitcoin section below.

  • Fees: None
  • Deposit limits: Up to $10,000
  • Transfer times: Instant

Prepaid Deposits

You can use prepaid cards (i.e. secured credit cards and gift cards) to deposit into overseas casinos and other betting sites, and these bypass the UIGEA because the money is already credited to your card of choice. The top prepaid options supported by the best Internet gambling venues include:

  • Prepaid Visa
  • Prepaid Mastercard
  • Prepaid American Express
  • Prepaid International Gift Cards

America-facing gambling sites that accept Visa gift cards are the most common, as Visa tends to dominate the prepaid market. When using a prepaid Visa for online gambling (or a virtual visa card for gambling), you need to make certain that it – or any brand of gift card – is suitable for international purchases. Many gift cards are limited to US-based transactions, which won’t work to move money into your online betting wallet.

  • Fees: Varies
  • Deposit limits: Set by bank/available funds
  • Transfer times: Instant

Bank Transfer Deposits

Bank transfers include all the traditional ways to move money to and fro, including the following options:

  • Bank Wires
  • eChecks
  • Cashier’s Checks

Wire transfers are accepted by many of the top gambling sites, though these take longer to process (5-10 days). Bank wires have the highest deposit limits this side of Bitcoin, and many old-school high rollers prefer this method.

In terms of support, eChecks are less commonly accepted, but cashier’s checks remain a universal option. These latter methods have turnover times of about 3-5 days on average.

  • Fees: Flat fee or percentage, varies
  • Deposit limits: $10,000 to unlimited
  • Transfer times: 3-10 days

Money Order Deposits

Money orders are commonly used, allowing US players to send large quantities of money to their overseas gambling sites of choice. Money orders come with reasonably high fees, but they also have fairly robust deposit limits to mitigate that.

  • Fees: Varies by service provider
  • Deposit limits: Up to $9000
  • Transfer times: 2-3 days

Person-To-Person Money Transfer Deposits

Person-to-Person deposits, or P2P deposits, utilize third-party money transfer services. There are several big box brands that offer P2P transfers for international use, though these all carry not-insignificant fees (which are sometimes waived) and usually take several days to complete.

  • Fees: Varies by service provider
  • Deposit limits: Up to $1000
  • Transfer times: 2-3 days

Fastest USA Online Gambling Payout Options

Whichever method of payout you select from your site’s cashier, you will be faced with a gambling withdrawal timeline that varies from option to option.

For avid bettors and gambling enthusiasts, this is one of the chief considerations when collecting winnings. After all, most players want their money ASAP, though there are some players who don’t mind waiting.

Fortunately, at the best US online gambling sites, there are options for everyone. And if you have any gambling withdrawal problems at all, customer service is there to answer your questions and make you whole, 24/7. The following list includes the most popular ways to claim your online gambling payouts.

Bitcoin Withdrawals

As with deposits, BTC is our preferred payout method. You can also withdraw using any other supported altcoin (Litecoin, Ethereum, Ripple, Bitcoin Cash, etc.). Please keep in mind that in order to withdraw in a given cryptocurrency, you must first deposit using the same cryptocurrency.

  • Fees: None
  • Withdrawal limits: Up to $20,000
  • Transfer times: Same day (2-4 hours)

Bank Wire Withdrawals

Bank wire payouts are the preferred choice for those high rollers that use this method to deposit into their accounts. Bank wires come with hefty fees when requesting payouts, but they usually pale in comparison to the amounts actually being withdrawn.

  • Fees: Flat fee or percentage, varies
  • Withdrawal limits: Up to $20,000
  • Transfer times: 5-10 days

Courier Check Withdrawals

Courier checks are one of the most common ways to withdraw, and for those using any deposit method other than Bitcoin, courier checks are the gold standard. Most top betting sites will allow customers one free check payout per 30-90 days, so be sure to take advantage of this to avoid any fees.

  • Fees: Varies
  • Withdrawal limits: Up to $3000
  • Transfer times: 2-5 days

Person-To-Person Withdrawals

Person-to-person services can be used to handle payouts from international gaming operators, but the amounts that you’re able to pull out are fairly meager compared to other methods. P2P transfers also have fees attached, though some sites will waive these for amounts over a certain threshold.

  • Fees: Varies by service provider
  • Withdrawal limits: Up to $500
  • Transfer times: 2-3 days

Bitcoin Gambling In The US

For USA gambling sites, instant withdrawal has often been a challenge. In the early days of the industry, pesky laws like the UIGEA made it difficult for players to receive their winnings in a timely manner.

However, with the advent of Bitcoin (BTC), the UIGEA law – and most other forms of payment – have been obviated. Naturally, not everyone uses BTC, but Bitcoin gambling sites – that is, sites that support cryptocurrency banking – are now the norm.

If you’re just getting started with online gambling, Bitcoin is the financial platform we recommend above all others.

Benefits of Bitcoin

  • Immediate deposits with 100% success rate
  • Biggest casino and sportsbook bonuses
  • Low minimum and high maximum transfer limits
  • No added transfer fees for deposits or withdrawals
  • Secure blockchain technology is quantum-hacking resistant
  • Increased user anonymity and privacy
  • Only same-day payout method at all US online gambling sites

In addition to Bitcoin, most online US legal sportsbooks, casinos, and poker rooms also accept other cryptocurrencies. These come with the same perks as BTC, but some users prefer altcoins.

Thus, if you’re looking for Litecoin gambling sites, Ethereum gambling sites, Ripple gambling sites, or Bitcoin Cash gambling sites, you’ll find them on this page. Just remember: To get the above benefits of crypto – including same-day withdrawals with no added fees – you’ll first have to deposit using the alternative currency.

How Does Zelle Work For Online Gambling?

Bitcoin gambling casinos are the best in the industry. However, you can’t enjoy the benefits of crypto if you don’t have any to spend, and buying BTC can be a major hassle at the most prominent exchanges. At Coinbase, for example, Bitcoin often takes 10 days to be credited to your account after you purchase it!

While US casino players may not mind the wait, if you’re looking to bet on tonight’s game or join this weekend’s six-figure online poker tournament, it’s a non-starter.

Fortunately, you can use Zelle to purchase Bitcoin in just minutes instead of days. If you have a US bank account, chances are you already have access to Zelle, as this instant-pay product is supported by most American financial institutions.

Using Zelle, you can send money straight from your bank account to a private BTC seller via Localbitcoins.com, and you’ll have your Bitcoin in about half an hour. Then, you can deposit at your legal online casinos, sportsbooks, or poker rooms of choice using BTC, taking advantage of all the perks that the best Bitcoin gambling sites have to offer.

Gambling bankroll calculator

Gambling Deposit Bonus Options

The best gambling sign-up bonuses are available when you use Bitcoin, but no matter how you choose to deposit into your betting account, you can get valuable bankroll boosts.

These are often market specific, however, so the bonus you choose should be aligned with the kind of gaming in which you plan to most frequently participate. You may prefer a sportsbook bonus, a casino gambling promotion, or an online poker bonus. These each have different terms and conditions, which are very basically outlined below.

In most cases, you won’t even need to enter online gambling promo codes, as these perks are offered as soon as you deposit. Accepting a bonus is totally optional, and it’s as easy as clicking or tapping on the offer you like. And remember, depositing with Bitcoin will almost always give you higher bonus limits.

  • Online Casino Bonus – Casino promotions are deposit match bonuses that boost your account by a given percentage of your deposit. These can be welcome bonuses or reload bonuses, and they work the same way. Often, you’ll be able to match your deposit by 100%, adding up to several thousand dollars to your account. Casino bonuses come with rollover requirements of between 20-40X, so please check your site’s terms and conditions.

Note: Some sites occasionally offer free online gambling bonus options, though these are usually seasonal and come with higher rollover limits than typical casino bonuses.

  • Online Sportsbook Bonus – Sports betting bonuses work the same way as casino bonuses, but they are restricted only to accruing rollover when you wager on sports. In other words, you can’t meet the terms of a sportsbook promo by playing in your site’s casino section.

Sports betting rollover is lower than casino rollover, as well. Usually, the best sportsbook bonuses have 5-10X rollover requirements.

  • Online Poker Bonus – Poker bonuses are the best online gambling bonus offers going. This is because they have no rollover or playthrough requirements of any kind!

Instead, you usually have a time limit of 30 days or so, during which you can unlock the bonus in small increments as you play poker hands and enter various online poker tournaments. Most poker bonus cash is disbursed in increments of $5 to $10.

  • Online Racebook Bonus – Some sites allow sportsbook bonuses to apply to horse racing betting, while others do not. However, all legal US online racebooks have horse racing rebates that refund 3-9% of all your horse bets, whether you win or lose. Different races have different refunds attached, so please check the terms and conditions of each event.

Online Gambling Payment Methods For International Players

Online gambling payment processing is actually easier for most international players. This is true for both deposits and withdrawals, as there are no equivalent laws to America’s meddlesome UIGEA in most countries.

In addition to all the options listed above (with the exception of Zelle, which is US only!), you’ll have access to the following banking services:

  • PayPal
  • Neteller
  • Skrill
  • Paysafecard
  • Credit card chargebacks
  • ACH transfers

Deposits for international gamblers take about as long to process as they do for US players. PayPal, Neteller, and Skrill all transfer immediately, but otherwise, wait times will be in the several-day range.

Betting withdrawal times are similarly lengthy for anything but Bitcoin/crypto payouts. If you claim your winnings via PayPal, Neteller, or Skrill, you can expect a 2-3 day wait. Card chargebacks take a similar amount of time, and ACH transfers can take up to a week or more.

FAQs

Can my bank block gambling sites?

Yes! In fact, this is what the UIGEA law purports to do, though it does so on an unreliable, automated basis. If you use credit or debit cards to deposit into your betting account, the transfer might be flagged by the UIGEA’s systems in about 2-3 percent of cases.

If this happens, don’t worry – your card has not been cancelled or suspended. You can wait a few minutes and try again, choose a different card, or try a different payment option.

Bitcoin is ideal because no online gambling payment processors (i.e. banks) are involved in the private transaction, giving it a 100% success rate.

Will I see gambling transactions on my bank statement?

Yes. When you use a regulated form of currency to deposit into your online gambling account or make withdrawals via the same, these will show up on your bank statement.

Online casinos, sportsbooks, and US legal online poker sites may not explicitly include “gambling” or “betting” on these statements, but they will have some identifying characteristics for those who know what to look for.

If you wish to avoid this, cryptocurrency like Bitcoin should be used for all online gambling transactions.

Can I block my bank card from gambling sites?

Yes, you can. To do this, you will have to contact your card issuer and instruct them on which service providers to blacklist. However, it is much, much easier to simply block access to these sites on your phone, tablet, or computer.

That said, for those suffering from gambling addiction, having your credit/debit card company block casinos, sportsbooks, and poker rooms is the way to go.

Can I withdraw bonus bet winnings?

Yes, you can. That said, you must first meet the terms of your bonus before you’ll be eligible to receive any payouts. Bonus rollover is easy to understand, and as long as you do, you should have no problems whatsoever.

Can you withdraw free bet winnings?

Free bets are different than bonuses. Online gambling sites with no-deposit bonuses give players “free chips” with which to try out their games, usually worth between $25-50.

However, these come with much higher rollover requirements (100X or so), and you must meet all playthrough terms to withdraw any associated winnings.

What is the best Bitcoin wallet for gambling?

There really isn’t one. Most reputable BTC wallets – like Electrum, Guarda, Exodus, Bread Wallet, SoFi, and so on – are web or software based, allowing you to transfer Bitcoin quickly. Hardware wallets, like Ledger, are more secure, but they are more difficult to use for immediate transactions, as they require extra steps.

What is the easiest betting site to withdraw money?

See Full List On Unitedstatesgamblingonline.com

All of the sites featured on this page make withdrawing your winnings from your online gambling fund quick and easy. Bitcoin is the best, fastest method, and every reputable operator supports BTC. However, even transactions that take longer – like courier checks and money orders – are just as simple to initiate.

What is a bet payout calculator?

Long ago, online gamblers would use gambling payout calculators and betting bankroll calculators to see how much money they could withdraw and how much cash they stood to win on any given wager.

Gambling Banker

Today, the top sites all have these functions built into their portals, so you don’t need any separate standalone apps or programs to assist you. Just check your bankroll and betting slips, and all this information is at your fingertips.

Gambling Bank

What is gambling withdrawal?

Gambling withdrawal is a serious condition that can plague users who are suffering from gambling addiction. Withdrawal makes betting a hard habit to kick, and if you feel like gambling is no longer entertaining and is an actual compulsion, you should seek immediate help from the National Council on Problem Gambling or an advocacy group like 1-800-GAMBLER.