- Legal Online Sports Betting - USA Sportsbook Deposit Methods

Sportsbook Deposit Methods For U.S.A. Players

You have plenty of options to choose from when making an online sportsbook deposit into your account and they are all easy to come by and easy to wrap your heads around. Ranging from everyday credit and debit cards to cryptocurrencies and everything in between, you’ll never be left empty handed in choosing a deposit method. You have come to the right place when looking to find more information about how to deposit into your online sportsbook account. Right here we’ll go over which methods are available, some of the guidelines that you need to follow to make your deposit, the legality behind it, and much more.

Rank Sportsbook Highlights Rating Visit Site
1 Bovada 50% Up To $250 Read Review 5 Star Rating Visit Bovada
2 50% Up To $1000 5 Star Rating Visit
3 50% Up To $1000 5 Star Rating Visit
4 MyBookie 50% Up To $1000 5 Star Rating Visit MyBookie
5 Xbet 50% Up To $300 5 Star Rating Visit Xbet


Friendly Deposit Limits

5 Star Rating

At Bovada, you do not have to worry about the limits as they are super friendly meaning they cater to the every day bettors who want to deposit $25 at a time. However, they also let high rollers deposit as much as $5,000 at any given time as well with select methods. The great thing about depositing on Bovada as well is that the processing times for most of their deposit options are either instant or near instant.

BitcoinVisaMastercardWire Transfer

  • Established Reputation
  • Easy Deposits
  • Crypto-Friendly
  • Fast Withdrawals
  • Limits  On Certain Markets
  • No DE, MD, NJ, NY, NV


Safe Betting Site To Make Deposits

5 Star Rating

If you are looking for one of the safest online sportsbooks to make a deposit, BetOnline has you covered as they take safety to the next level. They use backend encrypted links to protect not only their servers but also the web browser that you are using to access the site. Aside from the safety though, they are also one of the most crypto friendly sites as well with up to 17 different cryptos available for you to make your deposit. When all is said and done, any deposit that you make into your BetOnline account will be protected from start to finish.

BitcoinVisaMastercardWire Transfer

  • Accepting US Bettors
  • Crypto Deposits/Withdrawals
  • Hefty Bonuses
  • Great Props
  • Some Withdrawal Fees
  • High Rollovers


$1,000 Deposit Bonus

5 Star Rating

On MyBookie, new users that are making their first deposit can enjoy a first deposit match bonus of up to $1,000 as they’ll match that deposit by 100% no matter which deposit method you are using. This bonus is offered to you from the moment you log on to their site and create your account and the credits will be deposited to your account from the second you click deposit to receive your funds.

BitcoinVisaMastercardWire Transfer

  • US Residents Accepted
  • Generous Bonuses
  • Intuitive Interface
  • Crypto Deposits Welcome
  • Smaller Sport Selection

Deposit Methods At Different Online Sportsbooks

Generally, you’ll be able to make deposits on different online sportsbooks with some of the same methods on various sites. What they all have in common is that you can deposit with both major credit and debit card companies as well as cryptocurrencies. Also, no matter which site you choose to make these deposits, you’ll have to follow the limits, processing times, and possibly fees.

Bovada Deposit Methods

  • VISA
  • MasterCard
  • America Express
  • Zelle
  • Venmo
  • PayPal
  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Ethereum
  • Bitcoin SV
  • Boucher

BetOnline Deposit Methods

  • VISA
  • MasterCard
  • America Express
  • Disvcover
  • Person2Person
  • Money Order
  • Bitcoin
  • Ethereum
  • Litecoin
  • Bitcoin Cash
  • Solana
  • Chainlink
  • Cardano
  • Ripple
  • Stellar
  • Dogecoin
  • Shiba Inu
  • ApeCoin
  • Avalanche
  • Binance Coin
  • Tether
  • Polygon
  • USD Coin

MyBookie Deposit Methods

  • VISA
  • MasterCard
  • Person2Person
  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Ethereum
  • Solana
  • Shiba Inu
  • Dogecoin
  • Binance Coin
  • Cardano
  • Tether

Types Of Sportsbook Deposits Options

You have tons of options when it comes to depositing into your online gambling site account. The financial methods that are offered and available to you to make deposits are usually everyday methods such as credit and debit cards along with other forms of online banking. Where you get an advantage with these online gambling sites though is that they let you make deposits with cryptocurrency as well in which some sites have 10+ crypto options for you to choose from. Regardless of which option you choose to deposit with though, you’ll have rules and guidelines to follow to fully process your transaction.

Reviews Of Sportsbook Deposit Methods

Bitcoin Sportsbook Deposit Info

Bitcoin is the best way for anyone to get their money into an online sportsbook, and it allows for players to access the best bonuses as well.

Site: Minimum: Maximum: Fees: Time Frame:
Bovada $10 $5,000 0% Up to 24 hours
BetOnline $20 $500,000 0% Up to 15 minutes
MyBookie $20 $10,000 0% Up to 2 hours
Xbet $20 Depends On Customer Level 0% Depends
BetUS $10 $50,000 0% 30 Minutes
SportsBetting $20 $500,000 0% 2 Hours

Ethereum Sportsbook Deposit Info

Ethereum is a top cryptocurrency option that many prefer to Bitcoin. Less sportsbooks accept it than BTC, which is the most widely accepted crypto, but ETH is not far behind in terms of adoption, and drives a lot of innovation in the space.

Site: Minimum: Maximum: Fees: Time Frame:
Bovada $50 $5,000 0% Up to 30 seconds
BetOnline $50 $100,000 0% Up to 2 hours
MyBookie $20.00 Depends On Customer Level 0% Depends
Xbet $20.00 Depends On Customer Level 0% Depends
BetUS $10.00 $50,000.00 0% 30 Minutes
SportsBetting $50.00 $100,000.00 0% 2 Hours

Bank Wire Sportsbook Deposit Info

Bank wires can be used to move money directly into a gambling account. You can make payments via your bank either in-person or online. Though they can take some time, these are safe, secure, and often have high limits as to how much you can ship.

Site: Minimum: Maximum: Fee: Processing Time:
BetOnline $500 $10,000 Variable 3-5 Days
SportsBetting $1,000.00 No Max Variable 5 Days

American Express Sportsbook Deposit Info

American Express may be the least common credit card for sports gambling, but several online sportsbooks do use this option as their own. You will find a few sports betting sites that have incorporated American Express as a funding option.

Site: Minimum: Maximum: Fee:
BetOnline $25 $5,000 7.50%
MyBookie $45.00 $2,500.00 6.00%
Xbet $45.00 $2,500.00 6.00%
BetUS $50.00 $2,499.00 7.50%
SportsBetting $50.00 $2,500.00 7.5%

Bank Drafts

Bank drafts, also known as cashier's checks, can be used to make payments into some online sportsbooks. You will find that there are a few sports betting sites that will allow you to mail in a bank draft and have a payment made as soon as it is received.

Bank transfers can be used to move money directly into a gambling account. You can make payments into your gambling site by visiting a bank, telling them you want to make one of these payments and have the account number of your sportsbook available as the recipient. Though they can take some time, these are safe, secure, and often have high limits as to how much you can ship.

Electronic Checks

Electronic Checks are some of the best deposit methods out there. E-checks will allow you to transfer money directly from your bank account without having to use a third party or an intermediary. These are generally free, usually instant, and make payments as easy as possible.


MasterCard is the second most common type of credit card used in online sports gambling. Many sportsbooks have ceased offering this deposit option, so those with only an MC and not a VISA could have some trouble making deposits.

Site: Minimum: Maximum: Fee:
Bovada $20 $1,500 15.9% Or Higher
BetOnline $25 $5,000 9.75%
MyBookie $45.00 $2,500.00 4.90%
Xbet $45.00 $2,500.00 4.90%
BetUS $50.00 $2,499.00 7.50%
SportsBetting $50.00 $2,500.00 9.75%


MoneyLineWallet is one of the few e-wallets that is still functioning in the United States. If you use MoneyLineWallet you can transfer funds into and out of your sportsbook. To sign up to MoneyLineWallet you have to visit the cashier of one of the sites accepting this deposit method and you can have the account opened.


MyPayLinq is another e-wallet that provides users in the United States with the ability to transfer money directly into a gambling account. MyPayLinq is openly accessed, so you don't have to ever find an invitation to sign up for their service.

Prepaid Cards

Prepaid cards are like credit cards but they are not actually attached to any account you own. You will find that prepaid cards can be purchased with cash at a variety of convenience stores, and you can transfer your money very easily into your gambling account.

Site: Minimum: Maximum: Fee: Processing Time:
BetOnline $25 $5,000 9.75% Instant
SportsBetting $50.00 $2,500.00 9.75% Instant

Western Union

Western Union is a great method for U.S. players as it allows them to use cash to make deposits into gambling sites. With thousands of places where Western Union wire transfers can be placed, this method is also very convenient.


VISA cards are the most common of the credit cards, and you can use them very easily to make deposits into your gaming account. Almost every single online sportsbook accepts VISA. If they do not accept VISA, they do not accept credit cards period.

Site: Minimum: Maximum: Fee: Processing Time:
Bovada $20 $1,500 15.9% Or Higher Variable
BetOnline $25 $5,000 9.75%% Variable
MyBookie $45.00 $2,500.00 6.00% Variable
Xbet $45.00 $2,500.00 6.00% Variable
BetUS $50.00 $2,499.00 7.50% 30 Minutes
SportsBetting $50.00 $2,500.00 9.75% Instant

Legal Online Sportsbook Payouts

Getting paid out from an online sportsbook is similar to the process of making a deposit in terms of the rules that you need to follow. Those include minimum and maximum payout limits, processing times, and transaction fees. Once those steps are followed, your payout will process and your funds will be credited back to you. Some online gambling payout methods include:

  • Cryptocurrency (Bitcoin, Litecoin, Ethereum)
  • MatchPay (Venmo, PayPal, Zelle)
  • Wire Transfer
  • Cashiers Check
  • Money Order
  • ECheck

How Deposits Impact Sportsbook Payouts

The main point that you need to take note of is that you’ll be able to deposit with specific methods but will not be able to withdrawal with them. For credit and debit cards specifically, you can deposit with your credit and debit cards, but won’t be able to withdrawal with them and will need to choose another form of online banking or a check. Also, to make a withdrawal with cryptocurrency, your initial transaction needs to be in crypto and the same form of crypto at that.

Sportsbook Verification Form Info

Some legal online gambling sites require an extra step of verification as a safety measure. These verification forms can be filled out online and sent back all within minutes. What their main purpose is, is to confirm your identity with your deposit information to make sure no fraudulent activity is happening with your account. Some of the steps needed to verify your account identity are:

  • Choose Form of Identification
  • Submit Photos of Identification
  • Face Verification

Legalities Of Sportsbooks And Depositing Money

It is completely legal for you to deposit into your online sportsbook account with whatever financial method you choose. The only laws that are in place by the UIGEA target the processors and any illegal activity on their end, not yours. No one has ever faced, nor will anyone ever face any trouble for depositing funds into their online sports betting accounts. Being that the laws target the processors, it explains why many turn to cryptocurrency to make their deposits as they have an extra layer of protection securing both their information and transfer of funds into their accounts.

Sportsbook Deposit Bonuses

Bonuses are available at many online sportsbooks, and they are a big reason why many players would choose one deposit method over another. Specifically, many online sportsbooks offer bigger bonuses for cryptocurrency than they do for other deposit methods.

Site: Bonus Name: Bonus Code: Percent Bonus:
Bovada Bitcoin Welcome Bonus BTCSWB750 75%
BetOnline Crypto Reload Bonus CRYPTO35 35%
BetOnline 1st Time Crypto Bonus CRYPTO100 100%
SportsBetting 1st Time Crypto Bonus 100CRYPTO 100%
SportsBetting Crypto Reload Bonus 35CRYPTO 35%
BetUS 100% Crypto Sports Bonus SU100CRYPT 100%
BetUS 100% 1st Crypto Sports Deposit Bonus RU100CRYPT 100%
BetUS 100% Crypto Sports Bonus on 2nd/3rd Deposit 100CRYPTO2X 100%
BetUS 20% Cash Bonus on Crypto Deposits RU20CASH 20%

What Does It Mean When My Credit Card Is Declined Despite Having Enough Funds In My Account?

All this is, is a backfire of the UIGEA that is working to stop processors. More on it though, it is on the side of your credit or debit card making sure that you are the one making the transaction and that it is not a fraudulent charge. If that is the case, you’ll likely get an alert in which you’ll need to verify that it is you making that charge and they’ll let the deposit go through. Now if that doesn’t work, you can also try using different cards as some might work better than others.

Can You Make Sports Betting Deposits From A Mobile Device?

In short, yes, you can make any sports betting deposit right from any mobile device as long as you have access to your funds and a stable internet connection. You’ll get the same web interface on your mobile device that you’d get on a computer making it extremely easy to input your financial information to make your deposit. Some of the devices that these online betting sites are compatible with include:

  • iPhone
  • Samsung Galaxy
  • Google Pixel
  • Android
  • iPad
  • LG Wing