Best Betting Sites for Withdrawal and Deposit Options in 2024
Sports bettors have more options than ever when depositing and withdrawing cash from a sportsbook account in 2024. From e-wallets and credit cards to online banking and wire transfers, nearly every gambler can find a way to move funds to and from legal sports betting websites.
This guide will identify the best betting sites for withdrawal and deposit options and help you find the best sports betting sites that meet your banking needs.
Deposit and withdrawal methods by sportsbook
Not all sports betting sites will offer banking options you deem acceptable, but the best betting sites for withdrawal and deposit options support the most popular methods.
Here's where the best U.S. sportsbooks stand with regard to deposits and withdrawals in 2024:
DraftKings deposit and withdrawal methods
Bet $5, Get $150 if You Win + $1K Deposit Bonus
Ends: Jan. 5, 2025
DraftKings — the best online sportsbook for payouts — provides its customers with plenty of banking options. Depositing and accessing funds with the DFS powerhouse is as easy as ever in 2024.
DraftKings supports debit deposits and withdrawals at the discretion of your card provider and financial institution.
Payout Speed: Within 24 hours
Method | Deposit | Withdrawal |
---|---|---|
PayPal | ||
Venmo | ||
Skrill | ||
Play+ | ||
Apple Pay | ||
eCheck | ||
Check | ||
Online banking | ||
Visa | ||
Mastercard | ||
Amex (NJ only) | ||
Debit cards | ||
Gift cards | ||
PayNearMe | ||
Bank wire | ||
Bitcoin |
FanDuel deposit and withdrawal methods
Bet $5, Get $150 if You Win + 3 Months of NBA League Pass
FanDuel leaves no stone unturned when it comes to its accepted banking methods. With nearly every sportsbook withdrawal method covered, few sports bettors will be disappointed with what the operator has to offer.
Covers pro tip: While FanDuel does not accept American Express directly, you can use Amex through PayPal.
Payout Speed: Within 24 hours
Method | Deposit | Withdrawal |
---|---|---|
PayPal | ||
Venmo | ||
Skrill | ||
Play+ | ||
Apple Pay | ||
eCheck | ||
Check | ||
Online banking | ||
Visa | ||
Mastercard | ||
Amex | ||
Debit cards | ||
Gift cards | ||
PayNearMe | ||
Bank wire | ||
Bitcoin |
Caesars deposit and withdrawal methods
Although not all of its banking methods are available in every state, Caesars should still be commended for using nearly every sportsbook deposit method possible.
Notably, credit card deposits are not accepted in Iowa (debit cards are accepted). Skrill is available only in New Jersey, while DC bettors are not able to use Play+. PayPal deposits (not withdrawals) are supported in Louisiana.
Payout Speed: Within 24 hours
Method | Deposit | Withdrawal |
---|---|---|
PayPal | ||
Venmo | ||
Skrill | ||
Play+ | ||
Apple Pay | ||
eCheck | ||
Check | ||
Online banking | ||
Visa | ||
Mastercard | ||
Amex | ||
Debit cards | ||
Gift cards | ||
PayNearMe | ||
Bank wire | ||
Bitcoin |
BetRivers deposit and withdrawal methods
Sports bettors will find all of the most common deposit and withdrawal methods at BetRivers including Play+ and online banking.
Payout Speed: Within 24 hours
Method | Deposit | Withdrawal |
---|---|---|
PayPal | ||
Venmo | ||
Skrill | ||
Play+ | ||
Apple Pay | ||
eCheck | ||
Check | ||
Online banking | ||
Visa | ||
Mastercard | ||
Amex | ||
Debit cards | ||
Bank wire | ||
Bitcoin |
BetMGM deposit and withdrawal methods
$1,500 in Bonus Bets
CVRBONUS1500
The MGM and Entain-owned sportsbook covers all of the bases when it comes to adding and removing funds. BetMGM is also one of the few online sportsbooks to accept Amex.
In Maryland, Ohio, and Wyoming, bettors can deposit and withdraw funds using Venmo.
Payout Speed: 2 days
Method | Deposit | Withdrawal |
---|---|---|
PayPal | ||
Venmo | ||
Skrill | ||
Play+ | ||
Apple Pay | ||
eCheck | ||
Check | ||
Online banking | ||
Visa | ||
Mastercard | ||
Discover | ||
Amex | ||
Debit cards | ||
Gift cards | ||
PayNearMe | ||
Bank wire | ||
Bitcoin |
SugarHouse deposit and withdrawal methods
SugarHouse supports the most popular deposit methods while giving its users the choice of some of the top withdrawal options available today.
Payout Speed: Within 24 hours
Method | Deposit | Withdrawal |
---|---|---|
PayPal | ||
Skrill | ||
Play+ | ||
eCheck | ||
Check | ||
Online banking | ||
Venmo | ||
Visa | ||
Mastercard | ||
Amex | ||
Debit cards | ||
Bank wire | ||
Bitcoin |
Sportsbook deposit methods
Every payment method comes with its own set of pros and cons. Fortunately for sports gamblers in the United States, legal online sportsbooks typically allow their customers to choose from a variety of deposit options.
Here are the most popular ways to deposit funds into a sportsbook account in 2024:
PayPal
If you’re looking for an established e-wallet, look no further. PayPal is one of the most recognized brands for online shopping and a go-to option for sports bettors nationwide.
Check out our list of the best PayPal betting sites (U.S).
Skrill
Skrill is another popular e-wallet that serves as a favorable alternative to credit cards. While Skrill isn’t the most widely available option for bettors in the U.S., it’s another deposit method with an added layer of security.
Play+
Banks tend to charge sports bettors a fee when funding a sportsbook account with a credit card or debit card. Play+, a pre-paid card, acts as an intermediary between banks and sportsbooks to help gamblers avoid these charges.
eCheck
If you have a U.S. bank account, you can fund your sportsbook account via eCheck. Most sportsbooks accept eCheck transactions.
Online banking
You’ll often see online sportsbooks recommend online banking as a safe and secure deposit method. Using your personal banking sign-in credentials, you can log in and transfer funds immediately.
Visa
There may be fees attached to gambling transactions when using credit cards. Still, many sports bettors enjoy the convenience of going with the familiarity of Visa.
Learn more in our guide to the best Visa betting sites.
Mastercard
Like Visa transactions, Mastercard holders should also expect to be hit with small fees when making a sportsbook deposit.
Refer to our Mastercard betting sites guide to learn more.
American Express
A far less commonly accepted credit card, Amex is an option for those who value flexible banking over other sportsbook features.
Read our guide to Amex betting sites to learn more.
Bitcoin
While Wyoming is the only state to acknowledge cryptocurrency as a valid sportsbook deposit method, Colorado and Virginia are the only regions actually accepting crypto. Barstool Sportsbook leads the charge of crypto betting sites, but BetMGM, DraftKings, and FanDuel could soon follow suit in Wyoming.
Bank wire transfers
Wire transfers are generally reserved for high rollers. With higher minimums, limits, and fees, the average sports bettor has no use for this payment option.
Sportsbook withdrawal methods
You should expect instant deposits when topping up your online sports betting account. Withdrawals, however, are a different story.
Depending on how you choose to access these funds, it may take several days to see the fruits of your betting labor show up in your bank account or e-wallet. Use the following methods for the quickest turnaround — from within 12 hours to 1-2 days.
Play+
For instant withdrawals, use Play+. As most online sportsbooks now offer branded Play+ cards to their users, this has become an increasingly popular withdrawal method. Bettors can even use Play+ to withdraw cash from ATMs across the country.
PayPal
When using PayPal to pull funds from your sportsbook account, you should gain access to your cash winnings in 1-2 days — and typically faster if you’ve also deposited with PayPal. While e-wallets like Skrill and Neteller may charge small fees, PayPal allows you to withdraw free of charge.
eCheck
ECheck withdrawals serve as a nice alternative for those without a PayPal account. Like PayPal, expect quicker withdrawals when using eChecks for both depositing and removing money from your sports betting account. It should take 2-5 days for your cash to reach your bank account when using eChecks.
Best betting sites for withdrawal FAQ
To deposit funds into a sportsbook account, you'll first have to register. Then, choose an available deposit method, enter your account information, and specify the amount you would like to deposit. Most deposits will be processed instantly.
Yes, many online sportsbooks that accept Visa and MasterCard support both credit card and debit card deposits.
Yes, many sportsbooks accept Visa gift cards and Visa prepaid cards as forms of payment. Play+ is another widely accepted prepaid card.
Yes, most betting sites, including online sportsbooks, accept PayPal.
This largely depends on the withdrawal method you choose. Some methods, like Play+, support immediate withdrawals. Other methods may take anywhere from 1-2 days (PayPal) to a few weeks (check by mail).
An award-winning author at just six years old (it’s true!), Jeff has parlayed his early-life accolades into a prominent role in the iGaming content space with Covers. He now leads a talented team of expert betting analysts and sportsbook reviewers focused on delivering world-class experiences to North American bettors.
Jeff joined the Covers team full-time in 2021 and has since played a pivotal role in shaping the brand’s content strategy and providing accurate, timely coverage of burgeoning legal sports betting markets like New York, Ohio, and Ontario. He is passionate about providing comprehensive, transparent, and unbiased betting analysis and giving Covers readers the confidence they need to come to their own conclusions when deciding how and where to bet online.
Jeff primarily bets on NFL, MLB, and NHL player props, but he is always looking for value in futures markets. If Jeff could only use one betting app, it would be bet365, but he’s also a big fan of DraftKings, FanDuel, and Sports Interaction. He is a strong proponent of line shopping and never, ever chases losses.
Jeff holds a BBA from St. Francis Xavier University. His work has been featured in Newsweek and referenced in news media outlets like the Calgary Herald, Financial Post, and Toronto Sun. He was previously an independent NHL prospects writer and has crafted over 200 articles and guides across the sports, iGaming, e-learning, and LMS software industries.