The safest online sports betting sites provides a variety of highly secure deposit and withdrawal methods. Read on to learn how to fund a sportsbook account and cash out in a safe manner.
How to Make a Safe Deposit
When you have signed up for an account with a safe, reputable online betting site, navigate to the cashier secure and click on the “Deposit” button.
You will then be presented with a list of available deposit options. These are the most common methods that you will find at safe online betting sites:
- Credit card, debit card or gift card from Visa, MasterCard, American Express or Discover.
- An e-wallet such as Skrill, Neteller, PayPal, ecoPayz or MuchBetter.
- A bank transfer, a wire transfer, a P2P transfer or an e-check.
- A prepaid card from PaySafeCard or Play+.
- A cryptocurrency such as Bitcoin, Ether, Bitcoin Cash, Litecoin or USDT.
Type in the amount you would like to deposit, enter your card or wallet details and click to confirm the transaction. The funds should arrive instantly or within a few minutes.
Making a Secure Withdrawal
The most exciting part of the online sports betting process is cashing out your hard-earned winnings. However, that excitement will quickly fade if you do not choose a safe, secure, trustworthy betting site with a long history of reliable payouts.
To request a payout, visit the cashier section of the betting site and choose the “Withdrawal” option.
Type in the amount you would like to withdraw and choose your method. Note that most sportsbooks require you to cash out via the same method you used when depositing, as this helps prevent money laundering.
The sportsbook will then process and approve your payout request. If you go for a crypto withdrawal, the funds should be in your wallet within around 15 minutes after approval. E-wallet withdrawals, wire transfers and paper checks by courier are slower.