U.S. Sports Betting Withdrawals + Payouts
Easily the most important feature of an online sportsbook is getting paid out. There is a process to USA sportsbook payouts though that you need to stay informed of before you make your request. You’ll want to know which sports betting payout options you can choose from and which ones are also the most beneficial. It is also worth noting that different USA online sportsbooks have different withdrawal methods that they accept so you’ll want to make sure with your preferred online sportsbook that they have the method you are looking for.
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USA Friendly Sportsbook Withdrawal Methods
You’ll notice that we do not list credit and debit cards as withdrawal methods because they are not accepted methods on legal sports betting sites. If you made your deposit with a credit card, you can use one of several other online banking methods that they have to offer.
Cryptocurrency: Cryptocurrency is one of the most used methods to make a betting payout with because your funds get transferred directly back to your crypto wallet. Some forms of it like Bitcoin and Ethereum are universally accepted on all online sportsbooks. You can also only make crypto withdrawals if you made your initial deposit with that specific crypto.
Check By Courier: This method is simple as the sportsbook will just send you a cashiers check to the mailing address that you provide them. From there, you’ll cash the check and the funds will go straight to your bank account.
MatchPay: This method can only be used to make payouts from Bovada and you can use some of the top Person to Person apps like Venmo, Cash App, Zelle, Apple Pay, and others. MatchPay acts as a middleman between you and another user who is making a deposit and you exchange the funds between both of you.
Money Order: A money order withdrawal is simple. The sportsbook that you choose will fill out a Western Union or something similar and send it to the address you share with them. You’ll then cash out from the retailer that takes the money order.
Player Transfer: This is where you and another user work together to make your withdrawal. You’ll transfer the funds from your sportsbook account to the other users and they’ll make the payout request for you and send you the funds once they’ve done so.
More About USA Sports Betting Withdrawals
How Long Does It Take To Get Money Out Of Online Sportsbooks?
That all depends on a couple of aspects including which payout method you are using as well as the betting site(s) you signed up for. Each one has different processing times for different methods so it is best to check the guidelines for that method on the sportsbook.
What Are Betting Payout Fees?
This is a fee that is tacked on to your payout. Not all withdrawal methods have fees linked to them, but the ones that do will take a slight percentage of your withdrawal before cashing you out.
Betting Withdrawal Limits
This is the amount that you need to follow for making a withdrawal. To make a withdrawal, you’ll need to follow minimum and maximum payout amounts for you to go through with your transaction.