Depositing and Withdrawing at a Betting Site
There are many different spots on the web that allow you to make real money playing casino games, placing a few bets on any of your favorite teams, or throwing down a few hands of cards. Best of all, funding your account at any of these betting sites can be done in a matter of minutes. You can win money as if you were sitting in a real casino and you don’t even have to leave your house to do it. You’ll never believe how many options you have from playing on the web instead of traveling down to your local casino. You can find a large assortment of high paying slot machines and other virtual versions of the most popular table games. Plus, you’ll find that you can sit down for a few poker tournaments and win big pots. Many of the sites that offer poker and a virtual casino will have an official sportsbook for betting on the NFL and all the other professional or rookie teams from around the country.
Betting sites give the sharpest players the options and getting an account funded for any of these great activities is as simple as pie. US residents can get their money in and out with a number of different methods, so read more below if you’d like to learn the specifics on the most common transaction methods.
There won’t be any problems when you place your wagers online because most betting sites are completely legal for anyone with a desire to make some real money. The current federal laws on betting in the US were written with the intent of stopping electronic transactions with unauthorized betting organizations and they don’t have pose any real problems for the casual bettor. In fact, the UIGEA, a domestic law that regulates our country’s financial institutions, has only added restrictions to banks on receiving certain electronic transmissions of currency from unapproved sources. These laws can’t prosecute you for placing a few bets for fun or for money, or stop you from making all kinds of deposits or withdrawals. The law protects everyday people and prevents unauthorized betting companies, within or outside of the US, from running outside the licensing and regulations and federal guidelines. They aren’t meant to impose and real legal consequences for becoming a member and depositing funds at any betting site.
Fortunately, since many of the best betting sites using real money are hosted from foreign nations, the mandates of the US government have no authority to shut them down. The government isn’t interested in regulating other nations’ businesses and won’t interfere with your ability to use them by adding legal consequences to connecting with international betting websites. Since they all operate under the oversight of their home country’s regulatory agencies, these websites are licensed and authorized to accept bets from American players.
Every betting site will provide their members with acceptable methods to deposit real money into their accounts. These methods vary in their speeds, fees, and limits, but they are all legal and the safest methods for transferring any amount of money through the internet. Not all of the available methods are listed here, but these are your most common options for doing business with any betting site.
Credit Transactions are the most convenient method and members can use any of their major credit cards to deposit funds at their sportsbook. Also, all credit transactions are verified by third party affiliates like the Visa network and that makes this method the safest option for playing the odds over the internet.
Rapid Transfers are transactions that involve the transferal of a MoneyGram or Western Union to the sportsbook. You can receive these types of electronic transaction codes when you purchase this type of transfer, and by calling the number of the betting site, you can have your account loaded fairly quickly without paying anything in fees for making a larger deposit.
Bank Wire Transfers are the optimal method for the high rollers and anyone trying to deposit in upwards of a $1000. These transactions aren’t the fastest, but look, when you need a method that doesn’t charge large processing fees; you need to consider using this one.
Mailed-In Deposits are always going to be accepted by any betting site and if you’re willing to give it a few days for the mail to run, you can make a deposit by sending in a check or money order without paying any processing. They’ll cover the fees to have your account refilled since you’ve already coughed up the cash in postage.
Each method has its own perks, and you can choose the method that’s right for you based on speed, limits, or fees. The highest maximums are going to be using rapid transfers, bank wire transfers, or mailing in a deposit. You can find limits in the thousands and the fees are always relatively low, if not all together complimented by your betting site with a large enough deposit. None of these methods take more than a couple days to process, outside of the speed of your mailman. Instantaneous methods are available but limited to the electronic transactions, like using credit cards. You get what you pay for and if you want to get into the action fast, break out your wallet and make deposits in a matter of seconds. Expect the convenience of your visa card to cost you somewhere around 5% in fees, however, the minimum amount is as low as $25.
The goal of all betting sites is to provide their members with an incredible night of entertainment and if they manage to win a nice cash prize, it doesn’t have to remain on the website, you can spend it on something nice for your honey. There are many different possibilities to get your withdrawals done quickly and you can take advantage of the possibilities to take that real money from the betting site to your bank account. Many of the betting sites will require you to validate your identity, but that’s not a big deal and is to protect your account from being emptied without your permission.
Cashiers Checks are available from almost every betting site. Be sure to enter the correct information for your address when you sign up. All you need to do is go online and make a request at the cashier page and within a few days you’ll have the check arrive in your mailbox. It might cost you a few dollars to process the check and have it mailed to you, but you’ll be able to take it down to your local bank and deposit it like normal.
Bank Wire Transfers are the reversal of making a deposit in this method and require you to contact the betting site to set one of these up. There aren’t usually any fees for this method, but they betting site may inform you that certain electronic withdrawal methods may not be available to US customers.
Bitcoins can be transferred directly into your e-wallet from most betting sites. This new form of digital currency can be exchanged at online marketplaces for real world currency that can be deposited into your bank account. The current conversion rates are constantly fluctuating but you can take advantage of the rates when they’re high and get a little more for your money.
Rapid Transfers are made using MoneyGram or Western Union, and can be exchanged from person to person by transferring the electronic confirmation code. You can pick this money up at any local retailer and the fees are usually fairly low, while the maximum withdrawal amount is fairly high. This is ideal for candidates who make frequent withdrawals and don’t want to pay the check processing fees of mailed checks.
You’ll find that the internet has many different sites that allow their members to join up and play games for real money, but how do you know which ones are going to treat you like a VIP and not rip you off? You need to check out these great sites below because they’ve been in business for over twenty years, have millions of members from all over the planet, and accept American bets or wagers 24 hours a day, 7 days week. Using any of these great sites will be a good decision because they’re wonderful and provide their members with all the easiest methods for depositing and withdrawing funds without paying an arm and a leg.
BetOnline is going to be one of the best sites you can use if you are looking for real money prizes. You’re going to find all the sports betting lines on professional teams, plus weekly card tournaments and an online casino that is currently featuring slot machines with some splendid payouts. Progressive slot machines combine the bets made through the network of different sites and one lucky winner is going to take it all. You could be next, but you won’t have the chance to play incredible games on this betting site if you don’t ever sign up. It doesn’t cost any money to become a member and they’re have the best options for moving your cash in and out of your account.
This site is offering their new and returning members a reason to come and play. BetOnline has incredible bonus offers for anyone trying to make some real money and newcomers can take a nice match on their initial deposits. Make sure you check out all the bonuses they have because the online casino will feature different offers than the sportsbook or the cardroom and there’s no reason to say you, “missed out.” You can be making free plays with the bonus dollars before you know it and there isn’t any reason to pass up what I like to call, “free money”.
SportsBetting.ag might be the love child of Las Vegas and google, because they built an incredible platform for all your gaming wants and needs on the internet. I can guarantee, this one makes you real money like the high-rise casinos without the hassle of plane tickets and hotel expenses. This site operates from the capital of Costa Rica and is monitored by their local gaming association and licensed to accept wagers from any American over the age of 18. While they do business from a foreign nation, they are outside the jurisdiction of the US government, so you don’t need to worry about breaking the law while using their services or losing your money to a company that’s going to be closed up tomorrow.
The clear advantage of this site over others might be all the offerings on their sportsbook. Not only can their members make picks on any professional team from around the nation, they can do it in style. SportsBetting features many different types of wagers. Most competitions have different lines that range from the straight bet types like money lines and over/unders, to the string type bets like parlays, if-bets, and teasers. It’s nice to make a little bit of extra cash by trying something different and if you run a successful parlay, you can expect your winnings to be multiplied from placing those bets individually. Conditional contests are the best way to compound your collections and this site is one of the best places to give your options the test.