When a customer is looking for an NJ online sportsbook, it is likely they will choose one that they feel offers the best odds.
However, picking an online gambling site with a variety of suitable payment methods is equally as important. New Jersey is home to numerous sports betting websites and sports betting apps giving players a lot of options.
Making a deposit and withdrawing from an NJ sportsbook should be a straightforward process. Although not always done instantly, advances in technology mean funding your account is safe and straightforward. Credit cards and debit cards remain among the most popular deposit options as players feel comfortable with them. Moreover, Visa and Mastercard are accepted by the majority of legal gambling sites in New Jersey.
Established NJ sportsbooks will allow you to deposit via e-wallet platforms such as PayPal, Neteller, and Skrill. These are becoming increasingly popular due to them being fast and secure. The best NJ sportsbook sites will also offer payment methods such as bank transfers, branded prepaid cards, PayNearMe at specific stores, and a cashier cage at a land-based casino. Some online casino and NJ online sportsbook sites will now accept bitcoin as a deposit option, but these are not too common yet.
While there are several options to make deposits, withdrawal options are more limited. Most sportsbooks in New Jersey will have PayPal as an option if you have used it to deposit, which is the same for Neteller and an e-check. You can also collect your winnings from the cashier cage of the sportsbooks casino partner.
Some of the best NJ online sportsbooks include:
Below you will find a guide on how to fund your book account with detail on all of the popular deposit and withdrawal options available.
Once you have selected which book you would like to start your sports betting experience with, you will need to create a sportsbook account, then add funds to your account. You must be aware that not every sportsbook will offer all the deposit methods, so make sure you choose one which provides a payment option you are comfortable with.
Once you have created and verified your account, you will need to visit the sportsbook’s cashier section. Depending on which operator you have chosen to use, you will be presented with a list of deposit options. Some sites, such as Caesars, have numerous options, whereas DraftKings and FanDuel are more limited. Below you will find all of the most popular deposit options available for NJ bettors.
Using credit cards such as a Visa, Mastercard, or American Express is one of the quickest and most popular ways to make a deposit and are widely accepted by online gambling platforms. Using a debit card is also an excellent option. You can instantly transfer cash from your bank account, unlike a credit card that temporarily borrows money from your bank to complete the payment.
PayPal is a digital payment processing platform that allows customers to transfer cash to different accounts around the world. You will need to create a PayPal account first before using it on a sportsbook. If you choose this method, you will be re-directed from the sportsbook to PayPal, where you will need to enter your password. You can then direct funds from your PayPal account to your sportsbook account.
The vast majority of online casinos and sportsbooks in NJ accept PayPal as an excellent alternative to a traditional credit card deposit.
Online sportsbooks and online casino websites nowadays will offer customers the opportunity to make a deposit using their own branded prepaid cards. Using a prepaid card is an effortless and safe way of making deposits. If you would like to use a prepaid card, you are required to load funds onto the card, and then you can deposit to your sportsbook account as and when you need to. There are now several NJ sportsbooks accepting paysafecard as a popular pre-paid deposit option.
A customer can load the card using a credit card or debit card or other payment methods.
An ACH, which is also commonly known as an e-check, stands for the ‘Automated Clearing House.’ Essentially these are the electronic version of a paper check. Using e-checks allows you to electronically transfer cash from your bank account into your sportsbook account. Every sportsbook in new Jersey offers this option as it is fast and safe.
Skrill is an e-transfer platform that makes fast and secure payments across the globe via a third party. It primarily looks at low-cost money transfers but is not as common or widely used as Neteller at NJ online sportsbooks. Although similar to PayPal, Skrill has longer processing times and has higher fees associated with using it.
Like PayPal and Skrill, Neteller is an e-wallet service that allows players to transfer cash from different online gambling platforms. Like an e-check, Neteller uses a third party to make online payments. Most gambling sites in New Jersey have Neteller as an option to add funds to your account.
For those players who are struggling with using online banking methods, PayNearMe is an excellent option. This allows customers to funds their accounts with credit cards, cash, and e-checks at any 7/11 or CVS stores. If you need more information on how to go about this, you can access the customer support section of your sportsbook or ask for help at your local store.
A bank transfer is something most people regularly use, so many players feel at ease using this option. It is the traditional way of electronically sending cash from one bank account to another. They do not use a third party, unlike Skrill and Neteller, and it can take up to three days before the payment goes through. All sportsbooks in New Jersey accept bank transfers as a deposit option.
Some sportsbooks will accept cash at partner Atlantic City casino cages. For example, if you are using the DraftKings sportsbook, you could deposit at the Resorts Atlantic City cashier cage. To ensure your payment is accepted, you will be required to visit the casino with your account information to hand as well as suitable identification.
Wire transfers, although not common, are still offered by a selection of NJ online sportsbooks. A wire transfer is another way of transferring funds from one bank to another using an intermediary. It is secure, but not many online casino or sportsbook sites offer this method.
Cryptocurrency is emerging as a payment option that will be widespread in the future. There are already a small number of online sportsbooks in New Jersey that will accept Bitcoin as a deposit method. The books will convert the amount into US dollars by using Ask prices from known Bitcoin currency dealers.
As we mentioned above in this article, there are fewer options when it comes to requesting to withdraw funds. The most common withdrawal options at New Jersey online sportsbooks include the below.
A selection of NJ sportsbooks will allow you to use a prepaid card to withdraw your funds. Once you have made your deposit, the sportsbook will link your account with your prepaid card. Typically this will have been issued by a bank so you can choose to withdraw funds at an ATM, or if you prefer, spend them making more bets in the partner casino.
All online sportsbooks in New Jersey will allow you to collect your winnings from the cashier cage at their partner brick and mortar casino. Its a fast and convenient way to get your money if you are near one of the many Atlantic City casinos.
E-wallet services such as PayPal, Skrill, and Neteller can be used to make withdrawals. If you have deposited into a sportsbook using PayPal, you will be allowed to withdraw using the same method. This also applies to Skrill, Netteler, and e-checks.
How do I deposit money with a sportsbook online?
Once you have decided which sportsbook you want to use, you will need to create an account. You will need to go through the registration process by providing your name, address, and contact details and verifying your information. Once this is complete, you can now add funds to your account and start betting. To do this, visit the cashier section of the book. You will be presented with a list of payment options, and you can select the one which is most suitable for you. These will include debit all of the options we have listed above, such as a prepaid card or e-wallet service.
How do you deposit money into the DraftKings sportsbook?
First, you will need to create a DraftKings account. When you are registered, you can visit the cashier section of the DraftKings website and choose from their deposit options to make your first deposit. Also, look out for a DraftKings promo code, which will give you access to a bonus or promotion before you start betting.