Here, we’ll take an in-depth look at betting sites that use Visa, covering the must-know pros and cons and the neat features they offer. We’ll also show you how to make sportsbook deposits and withdrawals.
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You’ll probably be blinded with choice if Visa was your only criteria for selecting an online sportsbook. So here are three betting platforms that give you an effortless way to use this card for your sports bets:
This is a market-leading online sportsbook that accepts the full range of debit and credit cards, so it’s no surprise to find that Visa are among these payment options.
You can sign up to DraftKings and use your Visa card to make a deposit from a minimum of $5. The best thing is that you can use this deposit to make the $5 minimum qualifying bet that will trigger the welcome bonus. This will simply add $150 in bonus bet tokens that you can use to enjoy plenty more sports betting.
Once you have made some winnings, you can request a withdrawal to the same payment method used for making your deposits. Just note that the minimum withdrawal limit is $20 and that it could take anywhere up to seven working days for the money to show up in your account.
This is another hugely popular sportsbook who will be happy to accept your Visa deposits. You should be able to use your credit or debit card to make payments from a minimum of $10 to FanDuel and the funds should show up almost instantly.
Once again, this opening deposit will go a long way to helping you get that welcome offer that will give you $200 in bonus bet tokens just for depositing $5 and using this money to make a $5 winning bet.
The only thing to remember here is that certain banks might block card payments to FanDuel. As such, it’s a good idea to check with your bank before you plan to use Visa at this online sportsbook. Such limitations could also apply to making withdrawals, although there are plenty more payment options such as PayPal that you can use instead.
You cannot fault the sports betting service at Caesars and so it’s great news to find that the brand accepts Visa payments. Once you sign up here you will find that you can make your deposits upwards from $10. From here, you will see the funds get added to your account instantly and your can then enjoy some quality betting. Don’t forget that you can also get a welcome offer that refunds your first bet, if it loses, by 100% up to $1,000.
The only issue here is that it looks like Caesars might not let you make withdrawals to Visa in certain states. Thankfully, you should be able to withdraw via one of the alternative payment options such as Caesars Palace Play + Card, PayPal, cash at the casino or ACH bank transfer. Once again, withdrawals here can be made from a minimum of $10 at a time.
Below, we’ll be comparing the pros and cons so you can judge whether Visa is the best-suited facility for your needs. Because with so many different betting payment methods for sports betting available, a little research is important to ensure the best overall experience and, of course, maximum bang for your buck.
Perhaps one of the biggest drawbacks of using Visa for online betting is slow withdrawal speeds. Unless Visa FastFunds is available, you’re looking at a 2-10 day window on most sportsbook withdrawals, which is slower than services like PayPal and Neteller betting sites.
Elsewhere, privacy and security are also a slight concern. Although you do normally get the protection of a big-name bank, there’s still the issue of online security and privacy, with users required to share sensitive card details. Of course, with a little due diligence and care you can mitigate such risks as much as possible, which is why we recommend sticking with reputable platforms like those featured in the banners around the Deadspin site.
Here, we’re going to take the time to go through how pay-ins and cashouts work, and a couple of the things to bear in mind along the way.
Adding money to your betting account with Visa is pretty much the same as making any other online purchase. Here’s a quick look at the process in full:
Step 1 | Start by selecting your favorite betting site that accepts Visa. If you’re at a loss for which brand to choose, the banners on this page play host to some of our latest recommendations, along with exclusive bonuses and limited-time deals, so be sure to check them out. |
Step 2 | Tap through to the that’s caught your attention and proceed to set up a new sportsbook account. Note that before make a Visa deposit, most brands will require you to pass additional verification checks – standard practice to ensure that you’re of legal gambling age and live in permitted jurisdiction. |
Step 3 | With account registration take care of, visityour new sportsbook cashier page and tap “make a deposit”. Then, select the familiar Visa logo from the options available to load the card payment screen. |
Step 4 | Add the amount you would like to deposit before filling out the required details including your card number, card expiry date, and CCV (the three digits found on the reverse of your Visa card). When all details are correct, proceed to the next step. |
Step 5 | Depending on the amount you wish to deposit and the bank in question that may be all there is to it, in which case your funds should be available to use instantly. However, some Visa banking partners may have additional security requirements in place, including two-factor authentication linked to your online banking app. If that’s the case, be sure to verify the payment within the stated timeframe to complete your transaction. |
Withdrawals are a piece of cake and pretty much follow the same sequence as deposits, only in reverse. Remember to check if you qualify for Visa FastFunds through your account, too, as this could make the process much quicker and more convenient.
Here’s a quick look at how to make sportsbook cashouts using your Visa debit or credit card.
Step 1 | Fire up the cashier page where you made your initial sportsbook deposit. Here, you should be able to review your current bankroll and balance, along with any bonus bet credit that you will need to satisfy the wagering requirements of before it can be withdrawn. |
Step 2 | Hit “withdraw” to launch the cashout screen, where you should be able to select Visa as your preferred withdrawal method. Note that some bookmakers may require you to use the same payment method for both deposits and withdrawals, so it’s important to select the same card here to avoid any problems or delays. |
Step 3 | Select the amount you want to withdraw; you don’t have to withdrawal all of the cash from your bankroll in one go if you don’t want to. |
Step 4 | If it’s saved from last time, tap the Visa card you used to make a deposit. If not, you’ll need to add your Visa card details again, including the card number, expiry, and CCV. |
Step 5 | Finalize the transaction and confirm any additional two-factor authentication steps required in your Visa banking app. Typically, you should expect the funds to reach your account in around 2-5 working days, although this may extend up to 10 depending on the processing time of the bookmaker in question. |
Visa is still considered one of the most reliable and widely used banking options available. Granted, this old-school payment facility may lack the bells and whistles of more modern banking apps, but the fact that it’s still accepted by the vast majority of online bookmakers tells you everything you need to know about its enduring popularity.
Opt to pay via Visa on your favorite betting sites and you can expect a convenient, familiar process. Making sportsbook deposits and withdrawals with a Visa debit or credit card is just like any other online purchase, so there’s zero learning curve to contend with no matter how experienced of a gambler you are. The one downside we would mention is the relatively slow withdrawal speeds, but if Visa FastFunds is available to you, this is of little consequence.
Happy to make sportsbook payments and withdrawals via Visa? Then find our recommended bookmakers in the banners on this page, as well as elsewhere on the Deadspin site. We regularly feature top betting brands alongside the latest baseball news and sports features, including special offers and bonuses exclusively available to Deadspin readers.
Although legal online sports or Skrill betting sites are relatively few and far between in the US, those that are available almost certainly accept Visa. This method is considered a safe bet by most gambling authorities around the world, so it’s certain to be a popular option for bettors in the US.
Sure you can. From welcome deals offering free bets to cashback and other offers, there are tons of bonuses and promotions available. In our experience, Visa is a much better option than some other banking options when it comes to taking advantage of different sportsbook promos, with very few restrictions on the types of deals and offers available.
There are little to no fees, which is one of the main benefits of sticking with this old-school payments facility. However, we would recommend checking the T&Cs of your individual bank or payment provider, as they may charge their own fees for processing payments from online gambling and gaming sites.
Visa offers instant deposits on most online sports betting sites, including Skrill betting sites, but withdrawals can be significantly slower, taking an average of 2-10 days to process. However, if you’re fortunate enough to have access to Visa FastFunds then this is a completely different story, with this standalone payment system offering sportsbook withdrawals in as little as 30 minutes – nice!
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