How to Deposit Real Money to Your Betting Account

There will likely come a time when you decide it’s time to make the jump to real money betting. Maybe that time is now and that’s why you’re here. If so, you’re in luck. I’m going to give you the full run down on the various options for funding your online wagering account.

One of the many advantages of doing your betting at US-legal sites is the ease of banking. Licensed betting sites operate in the open and don’t have to jump through all sorts of hoops just to process a simple deposit. Funding your account at a legal betting site is quick, cheap and easy.

Legal Betting Sites with Fast Deposits:

Rank
Betting Site
Bonus
Rating
Visit
3
Up to $1,000 Added to Your First Two Deposits18+ to Play, T&Cs Apply

The same also applies to getting paid. If you end up winning money and want to cash out your winnings, all you have to do is visit the cashier and tell them how you want your money. You can have the money sent to you electronically or arrange for a paper check to be delivered to your front door.

If you’ve ever had the misfortune of dealing with an unlicensed offshore gambling site, you probably already know how much of a pain the whole banking process is. It can be a nightmare between rejected credit cards, sketchy cash transfers to Costa Rica and more. Getting paid is even worse. Sometimes, people never get paid.

Once you decide you’re ready to give real money betting a shot, the first thing you’ll need to do is sign up for an account at your favorite betting site. Log in to your brand new account and look for the word “deposit” or “cashier” inside your account area. Choose that option and then you’ll be taken to an area where you can choose a deposit method and complete your deposit.

List of Betting Deposit Methods

Deposit methods are the means by which money is moved from you to your betting account. Credit cards, debit cards, PayPal and electronic bank transfers all count as deposit methods. They all work in unique ways, but they all share the same goal 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. If you have a credit card or bank account, you won’t even have to leave the house to fund your account. If you have cash that you’d like to use, there are options for that as well. Some sites even accept paper checks sent by mail. Read on for overviews of all the most common payment methods.

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

Credit or Debit Card

The quickest and easiest way for most people to fund their accounts is with the basic debit/credit card deposit. All you need is a credit card and some money in the bank. 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 deposits for more information and tips for what to do if you have any problems depositing.

Read more:

Accepted by:

  • Every betting site

Fees:

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

Online Bank Transfer

Bank transfers send money from your bank 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 free. Your funds are transferred instantly and you don’t have to pay. Different sites call this option different things, but the basic idea is the same wherever you play.

Read more:

Accepted by:

  • Every betting site

Fees:

  • None

PayPal

PayPal is the famous e-wallet that you’ve probably seen on the checkout page of many a retailer website. If you’re unfamiliar with PayPal, it’s a sort of e-wallet that allows you to store funds online and then move them to and from various betting sites.

A PayPal account comes in handy because it can be used to make instant deposits and receive instant withdrawals. It has wide acceptance, processes transactions quickly and can be used to quickly move money from one betting site to another. Plus, you can use it to send money to friends and family.

Read more:

Accepted by:

  • SugarHouse Online
  • FanDuel
  • DraftKings
  • Most fantasy sports sites
  • DerbyGames.com
  • WSOP.com
  • CaesarsCasino.com
  • HarrahsCasino.com

Fees:

  • Most sites cover all PayPal fees

Online Bill Pay

Some licensed 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.

Read more:

Accepted by:

  • SugarHouse Online
  • FanDuel Sportsbook
  • Caesars Casino
  • 888sport
  • BetStars

Fees:

  • None

PayNearMe

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.

Read more:

Accepted by:

  • Most betting sites

Fees:

  • Varies; $0 to $5.99 per transaction

Green Dot MoneyPak

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.

Read more:

Accepted by:

  • TVG
  • BetAmerica
  • TwinSpires

Fees:

  • $4.95

Play+ Prepaid Cards

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.

Read more:

Accepted by:

  • DraftKings Sportsbook
  • BetAmerica Sportsbook
  • Golden Nugget Online
  • Ocean Online
  • Borgata Online
  • BetStars NJ
  • BetLucky WV

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.

Read more:

Accepted by:

  • SugarHouse Online

Fees:

  • None

Skrill

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.

Read more:

Accepted by:

  • BetAmerica Sportsbook
  • BetStars
  • Borgata
  • Party Casino

Fees:

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

Wire Transfer

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.

Read more:

Accepted by:

  • Numerous betting sites

Fees:

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

Check or Money Order

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.

Read more:

Accepted by:

  • FanDuel Sportsbook
  • Betfair Casino
  • TVG
  • BetAmerica Racebook
  • TwinSpires

Fees:

  • None for check, varies for money order

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.

Read more:

Accepted by:

  • BetAmerica
  • TVG

Fees:

  • $3.95

Neteller

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.

Read more:

Accepted by:

  • Many legal sports betting sites and online casinos
  • BetAmerica.com
  • Michigan Online Lottery

Fees:

  • 5% to 3.5% to upload funds

PayLucky

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.

Read more:

Accepted by:

  • BetAmerica

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.

Read more:

Accepted by:

  • SugarHouse Online
  • TVG
  • TwinSpires
  • …and many more.

Fees:

  • None

Mazooma

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.

Read more:

Accepted by:

  • SugarHouse
  • DraftKings
  • FanDuel
  • …and many more

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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