Sports Betting Payouts - Get Money Out Of Sportsbooks
Usually, the same method used to deposit funds can also be used to withdraw funds although this does not work out in case of all deposit methods. A few deposit methods, such as Visa and MasterCard credit cards, cannot be used as withdrawal methods too. In this case, players will have to select a convenient, safe, and secure payout method in order to withdraw their winnings. USA accepted online sportsbooks offer a wide range of payout options such as wire transfers, bank transfers, checks, and others.
This page provides a basic introduction to various payout methods offered at offshore sportsbooks that take US players. Besides explaining the connection between deposit and withdrawal methods, this page encourages US bettors to learn more on this website.
Usually, offshore online sports betting sites that accept US bettors withdraw players’ winnings with the same method used to deposit funds. These sites will also request identity proofs from their customers before processing their payout requests for the first time. This is to make sure that customers do not fall victim to online fraud. The following is a list of payout methods offered at online sportsbooks accepting US bettors.
Can Take A Few Weeks Depending On Method
US bettors usually request payouts through checks. Although this takes a long time, anywhere between a few weeks to one month, payouts via cashier’s checks are safe and secure. Usually, these checks are delivered to the player either through mail or special delivery services. US players can learn more about withdrawing through checks on this website.
Same Day Payouts Available At Some Sportsbooks
Using cash wire transfers for sportsbook payouts bears a striking similarity to bank transfer, except that funds are transferred to a wire transfer outlet, such as Western Union, closest to the player, not to his/her bank account. Payouts via cash wire transfer systems are fast, though a bit on the expensive side. US bettors can find out more about the benefits of using cash wires as a sports betting payout option here.
Usually Under One Week; Some Of Highest Payout Limits
If players select bank wire as their payout method, the sportsbook will transfer the funds directly to their bank account. This is a quick method with low fees, although the limits are set a bit high. Bettors can learn more this payout option on this page.
Usually Under One Week; Hard To Find.
Using debit cards to withdraw funds is a quick, safe, and inexpensive method. The betting site re-credits funds back to players’ debit cards, after which the funds can be used to make another deposit. Not many online sports betting sites, however, offer this as a withdrawal method. Interested US bettors can learn more about this method on this website.
As the title says, you need money to make money and while payouts are the end result, it all starts with depositing money into online sportsbooks.
Before choosing a deposit method, US players must carefully mull over their advantages and disadvantages. As previously mentioned, players can use their deposit methods for withdrawals at most online betting sites. But they must understand that certain credit card methods cannot be used as withdrawal options. Although it is easy to deposit funds using Visa and MasterCard credit cards, it is impossible to withdraw funds back to these cards. Under these circumstances, the online sportsbook will contact the customer and request him/her to select a convenient payout method. Fortunately, legal sportsbooks that accept US players offer several convenient payout methods such as checks, wire transfers, bank wires, and eWallets.
This website is a one-stop shop for US players who want to determine the best payout and deposit method for them. We provide in-depth reviews of each payout and deposit method, carefully listing out their various pros and cons, fees, and the time taken to deposit or withdraw. We urge US bettors to learn more about US sportsbook deposit and payout methods here.