One of the best things about using a sports betting app on your mobile device is that you likely already have several banking options available on your smartphone. Linking the two together is fast and easy, making any deposits or withdrawals simple. These are the most common banking options featured at sports books.
Credit Card: Visa and Mastercard are perhaps the leading two methods with which to fund your account. Some sportsbooks will also accept the debit card version of these two options. Be warned, however, that you cannot always withdraw funds back to your credit card account.
Interac: Perhaps Canadaβs top online payment method, Interac is accepted on nearly all of the best sports betting apps. It is one of the most secure money transfer methods with minimal fees attached to using their services.
ecoPayz: Used worldwide to send and receive money, ecoPayz is a popular deposit and withdrawal method for sports betting app users. With a record of over 20 years of safe and secure payments, ecoPayz makes creating an account simple and offers fast and easy methods to fund your account.
Skrill: A virtual wallet for all of your financial needs, Skrill is one of the most accepted banking methods on sports betting apps. Creating a Skrill account is free, and they offer both an iOS and Android app.
Cryptocurrency: Sportsbooks are helping lead the charge to integrate cryptocurrencies in daily life, and many allow players to make deposits and withdrawal using Bitcoin, Ethereum, and Litecoin. App users may find this to be the fastest way to bank at many sports books.Β
Usually, there is a minimum of $10-20 for both deposits and withdrawals. Deposits using the above methods are usually completed instantly and free of charge, however, most withdrawals can take two or more business days to complete. Check with your favorite sportsbook to see what their time expectations are to settle any financial transactions.Β
Sign Up
Before you make your initial deposit, you will need to create an account. This can be done either through the sportsbookβs site or its app. Creating an account through either option is easy. It takes just a few moments and requires some personal information.
Some sites may require a photo ID or some other form of identification to complete the sign-up process. Make sure that when you do create your account, you opt-in for any welcome bonuses that may be offered. This is a necessary step prior to making your first deposit.