How to Deposit Real Money to Your Betting Account

Welcome to a complete rundown on the various options for funding your online wagering account. One of the many advantages of gambling at legal US betting sites is the ease of banking. Licensed betting sites operate with transparency and adhere to state and federal regulations. Funding your account at a legal betting site is fast, safe, and secure.

Legal Betting Sites with Fast Deposits:

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Betting Site
Bonus
Rating
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Up to $1,000 Added to Your First Two Deposits18+ to Play, T&Cs Apply

The same advantages come when collecting your winnings, players can process payouts using various convenient options and can feel confident that balances are accounted for and in safe hands with regulated operators, and that payouts will be processed in a timely manner without excessive fees.

Bettors who have had the misfortune of dealing with unlicensed offshore gambling sites know all too well how difficult and risky the process can be. Note that we only list licensed and regulated operators on this website.

To start the process of funding an account at a sportsbook, casino, or racebook the first thing you’ll need to do is sign up for an account with an operator that is licensed to accept players from your state. Log in to account and look for the cashier. Choose that option and you’ll be taken to an area where you can choose a deposit method and complete your transaction.

List of Betting Deposit Methods

Deposit methods are the means by which money is moved to and from betting accounts. Credit and debit cards, PayPal,  and electronic bank transfers are examples of gambling payment options that are available in the regulated US market. Each works in unique ways, but they all share the concept of moving money from Point A to Point B as quickly and cheaply as possible.

Choosing the best deposit method is a matter of considering your needs. Credit cards and bank transfers are the easiest and fastest way to fund accounts, but options included cash, paper checks, and prepaid vouchers also provide options. Read on for overviews of all the most common payment methods available at legal US gambling sites.

Credit or Debit CardOnline Bank TransferPayPal
PayNearMeGreen Dot @ the RegisterWire Transfer
Check or Money OrderNetellerOnline Bill Pay
Play+PayLuckyCash at the Cage
WyrzSkrillPrepaid Debit Cards
PayLuckyMazooma

Betting with Credit and Debit Cards

Credit and debit cards are the quickest and easiest way for most people to fund their accounts at mobile sportsbooks and casino apps. Type in the numbers on the card, choose an amount to deposit, and your account will be funded instantly.

This is also the most common deposit method for US betting sites. You can visit practically any legal betting site in the USA and fund your account with Visa or MasterCard. Discover and American Express are not accepted as often, but you do have options. See our page dedicated to credit card betting deposits for more information and tips for what to do if you have any problems depositing with your Visa, Mastercard, or American Express cards.

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Fees:

  • Percentage based or flat fee in the $5 range.

Bank Transfers

Bank transfers send money directly from your checking account to your betting account and skip the credit card. This method has you type in your bank account and routing numbers before choosing an amount to deposit.

The big advantage the bank transfer deposit has over credit cards is that it’s usually free and funds are transferred instantly.

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Fees:

  • None

Betting with Paypal

PayPal betting is available in most regulated states and markets. Paypal is an e-wallet that customers use to store funds and make purchases, using the wallet as an intermediary between bank transfers and credit cards as funding sources.  Paypal also allows peer to peer transfers.

PayPal is widely accepted in the regulated US gambling market and having an account is useful because Paypal processes transactions quickly and can be used to make instant deposits and receive nearly instant withdrawals.

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Fees:

  • Most sites cover all PayPal fees

Online Bill Pay

Some betting sites now accept this simple deposit method that transfers money from your bank account to your gaming account, instantly. You’ll need to have a bank account with the bill pay feature at one of the site’s supported banks. You can see if your bank is accepted by logging in to your account and selecting bill pay as your deposit method.

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Fees:

  • None

PayNearMe Betting

A large number of legal betting sites now accept PayNearMe as a deposit method. This is the best method for most players who want to deposit with cash. At no point do you have to reveal your private banking information – this deposit method is based 100% on cash.

See this page for a list of locations.

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Fees:

  • Varies; $0 to $5.99 per transaction

Green Dot MoneyPak Betting

Green Dot deposits can be made in-person at thousands of retailers across the nation. Just find a location and visit the retailer in person to fund your account. You’ll find Green Dot at places like Walmart, Walgreens, 7-Eleven and so on.

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Fees:

  • $4.95

Play+ Prepaid Cards Betting

PlayPlus is an easy-to-use prepaid debit card that can be funded online via credit card, debit card and bank transfer. Enrolling for a Play+ card through your betting site’s cashier will result in a physical card being sent to you by mail, but you can complete your deposit online before it even gets to you. This method is fast, simple and very handy for anyone who has had trouble depositing via credit or debit card.

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Fees:

  • Fees vary; no charge for depositing or withdrawing

Wyrz

Wyrz was introduced as a solution to declined credit and debit card deposits. If you attempt to fund your betting account and your deposit is declined, your betting site may ask if you would like to route the payment through a digital, prepaid debit card in order to fund your account without ever leaving the cashier.

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Fees:

  • None

Skrill Betting

Skrill functions much like PayPal as an e-wallet, but with higher fees and less widespread acceptance. If possible, it would be best to consider other deposit methods before Skrill.

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Fees:

  • 1% to 6% for deposits
  • $5.50 for withdrawals

Wire Transfers

Wire transfer deposits work best for transferring large sums of money. If you want to deposit more than the maximum amount accepted by other deposit methods, the wire transfer is the way to go. The downside is that you have to visit your bank in-person to initiate the transfer.

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Fees:

  • Your bank may charge up to $30 but some sites refund any fees for deposits greater than $1,000

Check or Money Order Betting

A few betting sites still accept the trusty, old-fashioned paper check and money order sent through the mail. The biggest disadvantage here is that you’ll have to wait anywhere from 5 to 10 business days for the check to be delivered and cleared.

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Fees:

  • None for check, varies for money order

Betting Using Prepaid Gift Cards

Prepaid gift cards can be purchased in-person at retailers such as Walgreens and 7-Eleven. This is another solid option if you prefer cash or don’t feel comfortable giving the site your personal credit card number.

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Fees:

  • $3.95

Neteller Betting

Neteller is an e-wallet that works in a similar vein to PayPal. There was a time when Neteller didn’t accept US customers but that changed in 2014. Neteller may now be used by Americans to make deposits to licensed betting sites.

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Fees:

  • 5% to 3.5% to upload funds

PayLucky Betting

PayLucky is an online payment solution that offers safe, instant deposits to betting sites via credit card, debit card and bank transfer. If you have had trouble with declined credit card payments in the past, PayLucky is worth a look. PayLucky is owned by First Data Corporation, which is the world’s largest credit card payments processor, and promises a high acceptance rate for card deposits.

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Fees:

  • 3.98%

Cash at the Cage / In-Person Deposits

Some betting sites maintain physical locations in the US that you can visit to make free, instant cash deposits and withdrawals. If you happen to live near a payment location, you can stop in any time to fund your betting account. Log in to your account, visit the cashier and choose the walk-in deposit to see a list of locations.

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Fees:

  • None

Mazooma Betting

Mazooma is not a name seen by players very often as it tends to work on the backend of the payment process – most notably as a company that specializes in helping betting sites process eChecks and online bill pay deposits. Although the Mazooma name isn’t well-known among players, it’s actually one of the largest payment providers in the industry and powers many electronic banking transactions every day. Mazooma works with every licensed betting site in operation and is authorized in every state with legal online gambling.

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A Note About Depositing at Daily Fantasy Sites

Depositing to fantasy sites is similarly easy thanks to the fact that the industry is entirely legal in the USA. Most of the deposit methods described above work just as well at daily fantasy sites as they do for mobile sportsbooks.

Funding your account is as easy as choosing a method and typing in your information. Deposits are processed instantly in most cases and you can deposit as little or as much as you want. Every deposit method that I’ve tried so far has been equally easy and reliable. It really comes down to a matter of personal preference at this point.

Generally, credit and debit cards are the easiest across the board whether we’re talking about DFS or any other form of online gambling. PayPal is also worth considering as it comes in very handy for moving a bankroll from one DFS site to the next – and that’s not to mention it can keep your fantasy bankroll separate from your daily spending money.

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