The Best Sportsbook Withdrawal Options For Americans
When you put hard-earned cash on your picks for the week, you want to know that you will be able to collect your winnings quickly and safely. Fantastic news; the best American sportsbooks let you do this with ease, offering many legitimate payout methods for everybody. Some sites offer dozens of options, while others only offer a few. However, the tie that binds is the safety of each and every one.
Joining an online sportsbook is simple, and we have many pages that cover where to find a great site, as well as how to sign up and start betting. This page is all about getting your cash into your hand. We have been wagering with these sites for many years, and have made innumerable withdrawals. We have never been dissatisfied, and neither will you; so start your sports betting adventure today.
You are in good hands as long as you join a site that has a solid reputation. We only use the ones that millions of other Americans are satisfied with. These sites make safety a number one priority, because they know that losing members is a surefire path to failure. Next time you place some coinage on the tossing around of that pigskin, you can take comfort in the fact that you will collect your dough safely, through rain, sleet, or hail.
The legal atmosphere surrounding sports betting in America is misunderstood by many. We are here to clear the mist. There is a specific federal law that affects payouts slightly. This is called the Unlawful Internet Gambling Enforcement Act (UIGEA), and is not nearly as harsh as it sounds. Since the sites that you will be using are based outside of the United States, the only effect the UIGEA has on them is a miniscule one. It simply doesn’t allow money to flow back into our country via a credit/debit card transaction. This means that you will not see a credit card option when you are looking for a withdrawal method, but there are many alternatives that are just as simple. This tiny little restriction confuses some people into thinking that they can’t get their money, but they are so wrong it’s kind of funny.
If you are reading this, then you are either preparing to join an American sportsbooks by getting all of the information beforehand, or you have already won money and are trying to figure out the best method to use. Either way, the process is simple. Navigate to the cashier section of the site and go to the withdrawal page. This will give you a list of options. Depending on the site, this list will be somewhat long, or very short. Do not fear, if you pick one of the sites that we review, any method will work wondrously.
We already mentioned that credit/debit card withdrawals are off the table at this juncture, so let’s take a look at what is available. You have cash wire transfers (Western Union and MoneyGram), which tend to be very popular. These take less than 48 hours, and most sites let you complete the withdrawal online. You can also opt to pick up the cash wire at any local store that accepts them. Another popular method is simply getting a check in the mail. I am quite fond of this old-fashioned but secure option. A check simply takes all banks, officials, or businesses out of the equation. It goes directly from the site, to your residence, which is nice.
Besides checks and cash wires, you will also find methods like bank wires, bitcoin, cash/gift cards, and more. Each one has its perks, and each one we have tried at least a couple of times. Bitcoin is one of the fastest methods, taking less than 24 hours to process. If you have a bitcoin account, I would highly suggest checking it out. Bank wires are great for very large payouts, as the maximums are very high. Each method is worth trying at least once, so don’t be afraid to peruse until you find exactly the right fit.
There are going to be both fees and limits on most American sportsbook withdrawals. Much of this has to do with the fact that sending money overseas is quite expensive. Still, the sites that we point you to all keep the fees as low as possible, and the limits high. Most sites actually offer one free check payout per month, adding to its popularity. We find that one withdrawal a month is as much as we need. Also, bitcoin and gift cards rarely come with fees. The other methods fees will vary depending on how much you withdraw.
Minimums and Maximums will be included with every method, and you should make sure that you are able to withdraw the amount you want before picking an option. Checks and cash wires are great for small to medium size withdrawals. $50 to $3,000 is the ballpark you will be looking at for these. If you want to extract much more, you should check out bank wires, which have very high maximums around $24,000.
When you win a big ticket on or a parlay by using your personal sports knowledge, there is no better feeling in the world. A close second to that great feeling is getting the cold hard cash that you won in to your hands. BetOnline is one of the best American sportsbooks in the world, and offers more payout options than almost any other site. Not to mention the book is legal and safe, with hundreds of thousands of members throughout the USA.
When you win big at BetOnline, head over to the cashier to check out your withdrawal options. You will find a large list of methods including MoneyGram, Western Union, cashier’s checks, Bitcoin transfers, bank wires, and gift cards. Each one of these is fast and secure. If you request a check, you should expect to see it in just a few weeks, and you can take it right down to your bank and turn it into cash. If you select the next most popular method, the cash wire transfer via MoneyGram or Western Union, you can get your cash in under a week by going to your nearest retailer that offers cash wire services.