Last updated on: December 23rd, 2024
Legal Sports Betting Deposit Guide 2024
After signing up for a legal sports betting site, players have many deposit options to choose from before placing any action. While most Americans may jump to using a credit or debit card, the top sportsbooks in the US accept a wide variety of sports betting deposit methods. Along with cards, P2P payment apps have become one of the most popular and secure ways to fund an account. This includes PayPal, Venmo, Apple Pay, and other payments.
Another popular deposit option is cryptocurrency. All of our favorite legal sportsbooks accept Bitcoin and other cryptos and offer some of the biggest bonuses to players using this method. This page details the deposit options offered at the top sportsbooks in the US and how to deposit at these legal sports betting sites.
| Rank | Sportsbook | Bonus Offer | Play Now |
|---|---|---|---|
| 1 |  |
Exclusive 50% Bonus Code up to $1000!Read Review | BVD1000 in Cashier |
| 2 |  |
50% Up To $1,000Read Review | Visit BetOnline! |
| 3 |  |
50% Up To $1,000 Read Review | Visit MyBookie! |
| 4 |  |
100% Up To $300Read Review | Visit Xbet! |
| 5 |  |
50% Up To $1,000 Read Review | Visit SportsBetting! |
#1
Bovada Sportsbook
The Fastest Bovada Deposit Methods
Find a deposit method at Bovada that works for your needs. Whether you want to use cryptocurrency or a credit card, they work with you. Also, Bovada allows for third-party transfers under their MatchPay deposit method. So, you can bet on sports at Bovada with PayPal, Zelle, Cash App and more. Even better, Bovada provides sports betting bonuses for certain deposit methods. While their $750 Crypto Bonus is the highest, they also give promos for credit card deposits too.
Rating: 
- Live Betting
- Big Bonuses
- Easy To Use
- Mobile Betting
- Best Odds
Most Common Sports Betting Deposit Methods
Here we break down the most common legal sports betting deposit options in 2024. All of these methods are safe and secure for US players but not all of them are offered by every single sportsbook. For example, sportsbook apps like DraftKings do not offer instant Bitcoin transfers but Bovada, BetOnline, and other internationally licensed sportsbooks do. Read about each method below and find out what works best for you.
Sportsbooks That Accept Credit/Debit Cards
Almost all legal sportsbooks accept credit and debit card deposits. These betting sites take Visa, Mastercard, Discover, and American Express cards with minimal to no fees. Sportsbooks like Bovada offer no fees on a first deposit, getting rid of that issue altogether.
Learn how to make credit card sportsbook deposits on our full page.
Sportsbooks That Accept Crypto
Internationally regulated sportsbooks like Bovada accept Bitcoin and other forms of crypto for legal sports betting. Sportsbook apps like DraftKings do not offer any form of crypto at this time. There are never any fees at crypto sportsbooks and players can claim some of the biggest promos and receive the fastest transactions.
Use our full page to learn how to make crypto sports betting deposits.
Cryptocurrencies Accepted For Legal Sports Betting Deposits
- ApeCoin Sportsbooks (APE)
- Avalanche Sports Betting Sites (AVAX)
- Sportsbooks That Take Bitcoin Cash (BCH)
- Binance Coin Betting Sites (BNB)
- Sports Betting Sites Accepting Cardano (ADA)
- Chainlink Sportsbooks Online (LINK)
- Top Dogecoin Sportsbooks (DOGE)
- Ethereum Sports Betting Sites (ETH)
- Sportsbooks Taking Litecoin (LTC)
- Best Polygon Betting Sites (MATIC)
- Ripple Sportsbook Sites (XRP)
- Solana Sports Betting Online (SOL)
- Sports Betting Sites That Take Stellar (XLM)
- Tether Betting Sites (USDT)
Sportsbooks That Accept Direct Bank Transfers
Wire transfers and ACH transfers are offered by most legal sportsbooks but ACH transactions are way more common. ACH transfers are more for smaller transactions that need fast delivery and have less or no fees. Wire transfers typically take longer to process and are for larger sports betting depositors who are okay with paying transactional fees.
Learn how to deposit at bank wire sportsbooks today
Sportsbooks That Accept MatchPay
MatchPay is a peer-to-peer payment service that allows bettors to purchase each other’s sportsbook credits. Players can use MatchPay to connect with somebody who is looking to withdraw and buy their credits. This transfer between players can be done through Cash App, Zelle, Apple Pay, Venmo, PayPal, and other apps with no fees or wait times attached.
Read our full MatchPay sportsbook page to learn how to deposit.
Other Offered Sports Betting Deposit Methods
Sportsbooks That Take P2P Payment Apps
Most legal sportsbooks accept payment apps like Venmo and PayPal for fast and secure deposits. Some books allow instant transfers with this option while others require third-party services. Whether you are using Bovada, BetOnline, or DraftKings, payment apps can be used to fund an online account today with no fees attached. We recommend using Venmo, Cash App, or PayPal sports betting sites.
Prepaid Card Sportsbooks
Prepaid debit cards are one of the fastest sports betting deposit options out there because they do not have to be processed through any banks. With the money already loaded, players can use their prepaid cards to fund an account instantly and start betting. Visa even has prepaid cards that allow no-fee international transactions that work at Bovada, BetOnline, and our other recommended online sportsbooks.
Deposit Options + Limits By Sportsbook
| Limits Range | Bovada | BetOnline | DraftKings | MyBookie | FanDuel | Xbet | Caesars | |
|---|---|---|---|---|---|---|---|---|
| Visa | $5-$1,500 | |||||||
| Mastercard | $5-$1,500 | |||||||
| Discover | $5-$1,500 | |||||||
| American Express | $5-$1,500 | |||||||
| Bitcoin | $10-$100,000 | |||||||
| Ethereum | $10-$10,000 | |||||||
| PayPal | $5-$2,000 | |||||||
| Venmo | $5-$2,000 | |||||||
| Apple Pay | $5-$2,000 | |||||||
| Cash App | $10-$2,000 | |||||||
| Zelle | $10-$2,000 | |||||||
| Google Pay | $5-$2,000 | |||||||
| Altcoins | $10-$10,000 | |||||||
| ACH Transfer | $10-$25,000 | |||||||
| Wire Transfer | $100 – $50,000 | |||||||
| MatchPay | $20-$1,000 | |||||||
| Prepaid Debit | $5-$1,500 |
Fastest Deposit Methods For Sports Betting
For those looking to deposit and have access to those funds right away, it is important to use the fastest deposit methods available. The fastest transactions are through Bitcoin or other forms of crypto, taking anywhere from 30 seconds to 10 minutes to process. If you are using legal sportsbook apps that do not offer crypto like DraftKings, PayPal or Venmo will most likely be your fastest deposit option.
In-Person Sportsbook Deposits 2024
For states that have land-based sportsbooks, you can fund your account in person. While these brick-and-mortar sportsbooks offer a handful of choices, cash is always king. Once you bring cash to the casino player’s cage or the sportsbook itself, you can get in on the action. Otherwise, consider using PayNearMe or other sportsbook funding methods. Most of the time, they are at local stores like CVS, Family Dollar, or 7-Eleven.
What Are The Deposit Methods At FanDuel Sportsbook?
With FanDuel, you can deposit with an ACH, credit or debit card, and wire transfers. Also, they permit PayPal and Venmo transactions plus a few other methods.
The Barstool Sportsbook Deposit Methods
Depending on your location, the Barstool Sportsbook deposit methods could change. Still, the common ones are debit and credit cards, ACH, and wire transfers. Sometimes, they allow for ApplePay and other digital payments too.
What Are The Best Deposit Methods At Caesars For Thier Sportsbook?
With so many deposit options at Caesars Sportsbook, it’s hard to pick one. But, they take Visa, Mastercard, and Discover. Along with that, using online banking at your Caesars deposit option is great too. But, this is only available in a few states.
Sportsbook Deposit FAQs
What Sportsbook Deposits Methods Offer Bonuses?
When using the best sites, legal sports betting bonuses are available on all deposit methods. Keep in mind that the biggest bonuses are offered on crypto deposits at Bovada and BetOnline. Players using standard deposit methods can also claim bonuses at sportsbook apps like FanDuel and DraftKings.
What Sportsbook Deposit Options Are The Safest?
If using a sportsbook that is licensed and regulated like Bovada, BetOnline, FanDuel, or DraftKings, all of the deposit options are going to be safe and secure. However, we find that Bitcoin transfers are the safest out of all the options because the money is not being processed by a third party but is sent straight to your digital wallet like Coinbase.
How Does The UIGEA Impact Sportsbook Deposits?
The most prevalent federal sports betting, the UIGEA can add issues when depositing. into a sportsbook. In short, the law requires banks to watch payment methods for online gaming activity. Somewhat outdated, UIGEA can restrict these transactions. So, you may have to try a deposit method several times before it works. Keep in mind, UIGEA does not make online sports betting illegal. Instead, it focuses on the bank’s transactions.