Trusted Sportsbook Payouts
When sports fans are playing at the most trusted U.S. sportsbooks, they want to be ensured that they can collect their winnings after a successful run. Well, we don’t call our favorite sites “trusted” for no reason. It’s because they deliver everything a sports fan could want into a small and easily accessible package. This includes payouts. Fast and easy ones. Many folks probably want to know how they work. That will take a little while to answer, but we will give you all the information right here.
Collecting hard earned cash from a slew of winning bets is akin to an orgasm for many people, and the best sites out there don’t make you jump through hoops to collect. In this article, we will explore the many different options that are available, as well as the ins and outs of each method. You will walk away knowing exactly how and where to collect your due rewards.
You betcha. As long as you are using a trusted sportsbook, aka the ones that we review, then you will be in the green, and a lean mean betting machine. Just like any business, there are sites out there that aim to scam people. You want to make sure that the bookmaker you choose to wager your money with has thousands, if not millions, of satisfied members. All of the sites that we tell you about do, and are therefore reputable.
When making a withdrawal, the money travels overseas. International exchange laws and regulations are already pretty airtight, but these sites do even better by encrypting every transaction and taking advantage of the latest and greatest security software. You money will arrive in full and on time no matter what method you choose. Everyone on our staff has collected from these sites for years, and none of us have ever been let down.
Legality Of Sportsbook Withdrawals
There is only one law for sportsbooks that affects the way overseas bookmakers can send players their winnings. This is called the Unlawful Internet Gambling Enforcement Act (UIGEA). A law brought about in 2006, the UIGEA mainly deals with how an online betting site can transfer money. The law disallows American businesses from knowingly accepting funds from wagering institutions. All this means is that the sites that you use will not offer credit/debit payouts. This is a simple rule to get around, as there are dozens of other options that these sites offer that are just as fast and safe as sending funds to your bank.
More Details... Are Sports Betting Sites Safe?
Now players need more than ever to know which sportsbooks they should be using. There are so many new online hubs opening up every day, it is hard to pick the wheat from the chaff. Well, we have been in to this for a long time, and you can trust that the sites that we consider are worth your time, and more. These are the books that have the fastest and safest withdrawal methods in the industry.
TrustedUSSportsbooks.com considers the following site to be the most trusted US sportsbook for withdrawal safety.
With over ten years of legal bookmaking under their belt, BetOnline is really a no-brainer for any self-respecting sports fan. Some sites design their sportsbook like a Gordian knot, and leave it to the player to figure out what to do and how to do it. BetOnline has one of the most streamlined and simple to use interfaces we have ever seen, and even if you have never played the moneyline before, you will be playing the odds in record time here.
BetOnline offers funding methods out the wazoo, and the next time you make a killing, you won’t have to wait long for your cash to hit your hand. You will be able to choose from super-fast methods like bitcoin, cash wires, and prepaid cards, to slightly longer methods like bank wire transfers and checks. Each comes with its own fees, speeds, and limits, but you can be sure that each one is worth checking out.
Withdrawal Types At US SportsbooksCurrent technology allows us to send vast amounts of funds between continents, and these online sportsbooks have the resources to use the safest and fastest methods around. We are going to take a look at many of the Withdrawal options that you will find at the premier sports betting sites out there. Each one is worth trying, although most people will find their favorite and stick with it.
Otherwise known as rapid transfer, this sends funds through MoneyGram and Western Union, and is one of the fastest payout methods in the business. Many sites allow you do complete the entire transaction online, and you can pick up your winnings at any local retailer that offers cash wire services. This is a favorite amongst US sports bettors for its fast speed, low fees, and high limits. If you are withdrawing between $500 and $1,000 - $2,500, you should check out cash wires.
Check By Mail, Courier, Or EXPRESS – receiving a good old fashioned check in the mail. Many folks like this method because it avoids the use of banks altogether, and they can cash the checks at their local banks. If you are a bit patient, this is a great option for small-to-medium size payouts, and usually takes under two weeks to arrive. Some sites also offer one free check withdrawal per month, which is more than enough for most players.
If you are in a hurry to get your money, prepaid and gift cards are a great way to go. You don’t have to wait for the site to send you an actual card, as most of these are simply codes that you can redeem. Many sites offer gift cards for certain stores like Amazon, so if you do a lot of your shopping at particular places, this is for you. Most prepaid cards can be used almost anywhere, and some sites even offer ATM only cards, which allow you to withdraw funds from an ATM.
A bank wire transfer sends funds to your savings account. This method incurs large costs for international exchange, so it tends to have the highest fees out of all of the withdrawal methods. On the plus side, this method also always has the highest limits (as well as high minimums). Therefore, if you are planning to withdraw a large amount, this probably the best option for you.
E-wallets are now popping up everywhere, and Bitcoin is one of the first companies to create their own e-currency. If you have a Bitcoin account, you can use it to fund your sportsbook account, as well as withdraw. This is a great method that only takes minutes, and there are usually no fees!
The cost of doing business between countries can be staggering, and the best online sportsbooks do their best to save you as much as possible. That being said, some fees are going to be unavoidable. They usually reflect the speed and/or amount that you are withdrawing. There is great news here though: almost all the sites that we review offer some form of free payouts. Whether it be one free check per month, or no fees on gift/prepaid cards/Bitcoin, you will always have a no-fee option. The fees that do exist vary wildly from site to site and method to method. Check the cashier/funding page of the site you are using to see what kinds of deals they offer.
Speeds vary as well, but you can always expect about the same outcome of each method between sportsbooks. For instance, bitcoin, prepaid/gift cards, and cash wires are going to be the fastest methods at most sites, while bank wires and checks will take longer. Anything that comes through the mail will usually have options such as EXPRESS delivery, which will obviously come with higher fees.
Limits change from site to site, but most payout methods are pretty similar here. For small-to-medium size payouts, you will want to go with things like bitcoin, checks, and cash wires. They usually start as low as $25, and go up to around $3,500 on most sites. For larger payouts, stick to gift cards and bank wires. The latter sometimes has no limit on how much you can withdraw.