Sportsbook reviews, Sports betting advice, Best sportsbooks
Sportsbook reviews, Sports betting advice, Best sportsbooks |
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Sportsbook Deposit MethodsThere are a variety of ways to deposit to a sportbook. Some methods have definite advantages over others such as lower fees, better bonuses and are generally quicker. Another thing to consider is that a number of sportsbooks will transfer any winnings back in the same manner as the deposit was made, and any excess will be via bank draft. In addition to checking the fees, if any, on deposits, have a look at the withdrawal fees so you don't get caught when winnings are paid. There is also the added security that you are removing the need to supply credit card or other account information to the sportsbook directly. Although you should only be playing at reputable sportsbooks whose financial systems are solid, this added level of security should give you extra confort when using one of the electronic transfer methods such as NETeller, Firepay and PrePaidATM. Most of the methods outlined below are applicable for any online gambling place so you can also use them at the online casinos that may be attached to some of these sportsbooks. If we were to make a recommendation then it would be NETeller. Most sportbooks offer some type of bonus for these deposits and they also now have an Instacash facility where you can transfer straight from your bank account. Just remember that there is a fairly high charge for this if you don't do it through the sportsbook interface, as they will usually absorb the fee. Below are a few points about the more prominent methods of depositing to a sportsbook. NETeller NETeller is a secure system used to send funds electronically over the internet. Depending on where you reside, or where you hold a bank account, you can transfer directly to and from your bank account to your NETeller account. Otherwise you can deposit using a variety of methods such as credit card or check, and withdraw via check. Fees charged by NETeller tend to be reasonable and as this is one of the preferred methods for the online gambling industry, usually the transfers to and from your sportsbook account are free. Often there is a bonus for using this method. If you are worried about the funds in your sportsbook account and wish to withdraw them as quickly as possible then this is the best option as it is one of the fastest ways to get cleared funds from your sportsbook account. NETeller is our recommended method for depositing and withdrawing. You can go the NETeller here Firepay Firepay is another secure way to transfer funds electronically. It is less popular than, say NETeller, but operates in a similar way. It is a convenient way to transfer funds from your bank account (depending where the account is held). You are not able to deposit to your Firepay account using a credit card, which is a good thing because you shouldn't really be gambling with credit money anyway. They don't charge any fees for personal account holders which is sufficient for most online sportsbettors. You can go to Firepay here. PrePaidATM Yet another method of tansferring funds electronically over the internet. You can fund this account from your PayPal account (useful if you still have one of these from the earlier days of online gambling, or you use it to sell on ebay), credit card, check, or electronic check using the ACH system. Once again fees are minimal for this method. Be prepared to fax some verification documents through to them the first time you set up your accounts. Bit of a hassle but it is evidence that they take their fraud prevention seriously. You can go to PrePaidATM here. 900Pay 900Pay as the name suggests, allows you to transfer funds via the telephone. As there is a significant charge (about $100 per transaction) you should really only consider this method if you don't have access to a computer. You can get further details at 900 Pay Support. Creditcard Credit cards and in particular Visa and Mastercard, offer a hassle free method if your issuing bank allows online gambling transactions. Many don't and it is advisable to check with you bank before you try this method. The amount of chargebacks has forced the banks to take this position. As it is a costly method for the sportsbooks (they need to pay the merchant fees) you don't tend to see the extra bonuses as you do with, say, NETeller. Therefore, if you have to, use a credit card otherwise try one of the other methods outlined. To keep your bankroll separate from your other finances we suggest you keep a separate card for your online gambling and for added security, keep the credit limit low just in case your card number is used fraudulently. Wire Transfer Wire transfer is the same method that has been used in the banking system for years and dates back to prior to the internet. Simply go to your bank with the account details of the sportsbook and instruct them to transfer the funds. Just read the banking details at the sportsbook to make sure you get the references correct so your account is credited at the sportsbook. This can take a few days and you will usually incur a charge. Bank Draft, Check, Money Order Sending a bank draft or check is not the most efficient or cost effective way, unless of course you live next door to the sportsbook! Usually you will have to bank or other institution to get the draft or money order, then send it via courier (eg FedEx) or regular mail which can take up to or over a week. It then has to be cleared before you are free to use the funds. There are better ways to get money into your sportsbook account than this. |
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