Sports Betting

Opening Up a Sports Betting Account - Deposit Methods

Depositing at an online sportsbook is easy. The sportsbooks want it to be that way. Certain precautions should be taken, of course, and security is always a concern. But online sportsbooks are fighting for your business. The fly-by-nights, for the most part, have flown. Prospective bettors should do a little homework and research what online sportsbooks offer the benefits and deposit options for opening a new account that best suit them.

To open a new account at an online sportsbook, a bettor will first fill out an online form, providing basic information. Some of this will include the process in which bank accounts are verified.

Prospective bettors should shop around, looking for good deposit bonuses, and find sportsbooks that cater to their preferences. Parlay aficionados know that some online sportsbooks pay out better odds than others. Others offer halftime bets, futures, NASCAR betting, and the list goes on.

The same goes for depositing funds in a new account at an online sportsbook. Some are better for particular bettors than others. A little homework will reveal which ones are best for each individual bettor.

Most online sportsbooks offer bettors several different easy deposit options. One of the most popular options is the third-party go-betweens such as Neteller, Sure Pay, FirePay and several others. Bettors must fund an account with those services, then direct a deposit to be made to the online sportsbook of their choice. Fees and time delays vary, so do the homework to avoid unpleasant surprises.

An E-check is a direct deposit into a new sportsbook account from a confirmed U.S. bank account. E-checks can often be used to make the smallest of deposits to online accounts. Some sportsbooks will accept minimum deposits as low as $10.

Other popular methods of deposit include credit cards (Visa, Master Card and even Diners Club), bank wires and Western Union. Some online sportsbooks will even reimburse a client for fees incurred to Western Union, if a deposit is above a certain minimum.

If using a credit card, confirm beforehand that the bank will accept e-gaming transactions. Some don't.

For additional insight into what methods of deposit are available at some of the more reputable online sportsbooks, check out the list of top sportsbooks at sportsbettingstats.com.