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How To Deposit Funds For Gambling

There are plenty of options for how an operator will accept deposits so that you can fund your betting account. We've gathered the major ones available to aid you in making your selection. 

Some methods may incur charges and if you use a VISA or Mastercard for Advance Deposit Wagering (ADW) then some banks may consider that as a cash advance and charge you an additional fee.

While gambling may legal in your state some banks may decline transactions that involve online wagering companies, we have heard reports of the following being "difficult" but your experience may differ.

  • Capital One
  • Wells Fargo
  • Bank of America
  • Union Bank
     

ACH/ECheck
ACH stands for Automated Clearing House and is an electronic network used by financial institutions in the USA for the purposes of transferring money. ECheck is an electronic check. Deposited funds may take 3-5 working days unless you are using a VIP Preferred Network like with Betfair Casino. A routing number and a state issued ID or Driving License is needed in this instance.

American Express
American Express is a well-renowned credit card and is widely used to deposit funds into a sportsbook account. If your chosen sportsbook offers this method, you’ll see their logo on their deposit page. Just click on it and follow the instructions.

Casino Cage
This is usually at the center of a brick-and-mortar casino and is where most of the money and chips are kept on site. You can exchange money for chips, tokens or tickets in person.

Discover
A Discover Credit Card works like other credit cards but has the added bonus of a generous cashback offer. To deposit funds via this method then click on the logo and follow the instructions.

EZ Bank
EZ Bank allows you to deposit $500 per transaction, up to $3,000 a day. With no fees, it is becoming more popular and is used by a variety of US-based banks. To use, just select your amount, choose your bank and login to EZ Bank.

EZ Money
EZ Money using the ACH system to securely and immediately transfer money between your banking account and sportsbook account. You have to sign-up to use the service and can be using it within minutes.

Green Dot
Green Dot is a pre-paid card that you can use to fund your sportsbook account. You can purchase these in a variety of places including Walmart. Once you have a card, you’ll need to fund it with Moneypak, which you can do either in person or online via your bank.

Neteller
To fund your account with Neteller, you’ll need to provide the sportsbook with your credit card or bank information. Neteller often offers bonuses to use their service and money transfers are credited to your account within minutes.

Online Bill Pay
To use this service you’ll need to register and then can use Online Bill Pay to manage all online payments, including transferring money into your sportsbook account.

PayNearMe
To use PayNearMe, you’ll need to provide a barcoded PaySlip to the cashier along with the cash to add to your account. Currently, in New Jersey this can only be done at 7-Eleven stores.

PayPal
Since the rise of eBay as a worldwide giant, PayPal has become a worldwide leader in online money management. To use this service, sign up for an account and transfer the money instantaneously to your account.

Pre-Paid Card
To use a pre-paid card, purchase one at a store or online. This is a one-time transaction as you can reload your card. The benefits of doing this include having an interest free account to use for your online Sportsbook account.

Skrill
Skrill is an e-wallet that allows customers to have access to their money instantaneously. To use, open account and go through the set-up process. Once you’ve done this then, you can use their service to deposit into your sportsbook account.

Visa/Mastercard
Visa and Mastercard are two worldwide credit cards that are accepted at most online sportsbooks and casinos. Just click on the logo and follow the instructions to make online payments using your credit card.

Wire Transfer 
The rise in popularity of online banking methods has led to more people using a direct wire transfer to deposit funds. Just log in to your online account via a mobile device or computer and fund your account using the information provided by the sportsbook. The transfer is usually instant.

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