VIP Preferred Sportsbooks & Betting Sites

Not only is VIP Preferred accepted at hundreds of land-based casinos; its ACH and e-checks service has made it one of the most popular deposit and sportsbook withdrawal methods on online sports betting sites.

This guide will explain all you need to know about VIP Preferred services; including how you set up and use this payment method and the benefits associated with it. Take a look at the table below to see which licensed and regulated online sports betting sites accept VIP Preferred, and compare the welcome offers to find your favorite.

VIP Preferred: A look at its History

VIP Preferred was developed by Global Payments, a very reputable organization. This company is a part of the Fortune 500 and is listed on the New York Stock Exchange. In 1996, Global Payments Inc made a major move to separate from its parent company. This turned out to be the right move as it is now a Fortune 500 company.

VIP Preferred was developed in 2012 with the aim of targeting sports betting and online casino sites. They are of the notion that clients can carry out transactions without needing physical cash. This notion has turned out to be true since most people in the world have started to go cashless.

Currently, you’ll find VIP Preferred online casinos and betting sites only in the US in states where online gambling is allowed. However, based on the company’s stellar reputation and how far it has come, we believe it will soon extend its services to other regions. When this happens, there will certainly be more VIP Preferred betting sites and online casino gambling platforms to choose from.

How to Deposit with VIP Preferred?

One of the key factors for online deposit methods is simplicity, and VIP Preferred ticks that box. This is how you make a deposit at your chosen NJ online VIP Preferred sportsbook account as a first-time user.

1. Log in to your sportsbook and go to the cashier section.
2. Select VIP Preferred and click ‘ENROLL’.
3. Complete the request form to become a VIP Preferred customer.
4. After Enrolling, go back to the VIP Preferred deposit page and select your *bank account.
5. Enter the amount you want to deposit and click ‘Confirm’.
6. Your funds will be instantly credited to your account as long as it’s within your 7-day limit.

*Note that US-registered bank accounts are required. VIP Preferred accounts are operated by Global Payments gaming services.

It’s not just sports betting sites and apps where you can use VIP Preferred, there is also a range of online casinos accepting VIP Preferred as a payment method. There are over 500 casinos and gaming locations that use the popular payment method.

Withdrawing from sportsbook using VIP Preferred

Betting sites that accept VIP preferred will allow you to deposit and withdraw from your betting account. The good news is if you were pleased with how simple and efficient using VIP preferred was to add funds, withdrawing is just as straightforward.

You must bear in mind that verifying your sportsbook account is mandatory. This needs to be done for safety and security reasons and that the right person has access to your money. The verification process does not take long and entails providing some information for the operator such as your full name and address. This can be done by providing identification documents such as your passport or driver’s license. In some states you will be required to visit a land-based property to verify your identity. The main thing is that the whole verification process won’t be time consuming and everybody wants to know their money and information will be protected at all times.

For the actual cash out process, you must log in to your betting account, head to the banking/cashier section and then navigate towards the withdrawal menu. Then select payID, enter the amount you wish to withdraw and then begin the process of transferring cash over to your bank account.

You must bear in mind that, unlike deposits, withdrawals are not instant, so don’t have expectations of the money arriving in your account straight away. Once your withdrawal request has been processed, you will typically have to wait between 1 and 5 days for the funds to hit your account.

Advantages and Disadvantages of using VIP Preferred

All payment options come with pros and cons, which ultimately determine whether this is the right method for you. Let’s take a closer look at using VIP preferred payments when placing bets online, starting with the benefits.

Advantages of VIP Preferred

• Online and land-based: There’s a growing number of sportsbooks and online casinos accepting VIP Preferred casino deposits; in addition to 500+ land-based casinos up and down the United States.
• Trusted and reliable: From VIP Preferred FanDuel customers, and many others – in total, more than 3 million sports bettors and casino players use VIP Preferred payments, which is an impressive recommendation.
• Instant deposits: When online with your favored sports betting app, you don’t want to be waiting around for your deposits to clear. VIP Preferred deposits are instant ensuring that you can get skin in the game without delay.
• No fees: Whether you’re using VIP Preferred e-check BetMGM or another VIP Preferred betting site; there are typically no fees involved.
• Secure: You don’t need to share your checking account information with the sportsbook operator when betting online with the VIP Preferred payment method. Equally, offline customers can get a VIP Preferred casino card, but these are gradually being phased out to simplify the all-round service.
• 24/7 support: It’s good to know help is on hand if ever there is an issue, with this service, you can reach out to the VIP Preferred help desk 24 hours a day, 365 days a year.
• Bonuses: Most VIP Preferred betting sites will offer you a deposit bonus and other online casino bonuses when you sign up. The amount you get from the gambling sites via the bonus code differs but it is still a great way to get started.

Disadvantages of VIP Preferred

• Not available at some sites: Although VIP Preferred is becoming increasingly popular, it’s not available at every online sportsbook just yet. If you intend to use this payment option, we advise that you check the banking methods beforehand.
• Slow withdrawals: Although deposits are instant, withdrawals can take up to 5 days to get back to your bank account.
• US only: If you’re a tourist from abroad looking to have a quick wager, this service isn’t for you. A US bank account is required by all customers.

A couple of other things that are worth noting; firstly, VIP Preferred sets the limits on how much you can deposit within a specified period. While some may view this as a positive, other players may not like such restrictions. Also, every transaction is listed on your banking statements. Again, not all bettors want this recorded.

VIP Preferred Compared to Other Alternatives

VIP Preferred is not the only popular payment option you’ll find in the gaming sector. There are many other alternatives like Mastercard and Visa, which are also reliable for players in the US. So, how does VIP Preferred in comparison to these additional Borgata payment methods? Let’s have a look at them below.

Withdrawal processing times

VIP Preferred bookmakers have fast withdrawal processing times, and this is not something you will find with most payment methods. Since the payment options leverage the ACH system for withdrawals, you can be sure of getting your funds in two business days. This makes it a great choice for players who don’t want their earnings quickly. It is one of the fastest sportsbook deposit and withdrawal methods going.

Safety and Security

VIP Preferred sportsbooks offer a secure online experience as they put customers’ needs first. This payment method uses an elaborate system to ensure your details are secure when you make transactions on betting sites.

No Fees

As mentioned earlier, VIP Preferred does not come attached with any fees. This is different from many other alternatives like PayNearMe, which requires you to pay a fee every time you make a deposit. The fees may add up over time if you are on a budget. You don’t experience this with VIP Preferred since the operator does not include fees.

VIP Preferred Verification Requirements: What you need to enroll for a VIP Preferred Account

You’ll be required to sign up and verify your identity to get the full benefit that comes with the VIP Preferred account. This is a process you’ll only need to do once.

There are also some other essential requirements you must note, including:

• You must reside in the United States
• You must be 18 years+ and above and have a US account in your name

Also, even though you need to be 18+ years to enroll for VIP Preferred, most states will require you to be at least 21 years before you can play on a betting site. Asides from the above, you will need one of the following for verification: A US passport, a Driver’s license, or any other government-issued ID Card.

You won’t have to upload the complete document, but only a few random details will be checked and vetted. If the information is accurate, you will be enrolled into the payment system and receive an email indicating this.

Cost and Fees

One of the best aspects of VIP Preferred withdrawals is that there are no fees. What’s more, most banks in the US will not attach a fee when you use eCheck transactions. However, sometimes the sportsbook may attach a fee when you withdraw cash via the VIP Preferred network; fortunately, this is not common and is hardly the case. This means you can enjoy VIP-preferred transactions with no fee on the top betting sites the majority of the time.

Conclusion

Overall, VIP Preferred is a good option for US sports bettors. Its service is free, reliable, and easy to use. Despite not covering 100% of all NFL betting apps, many of the leading sportsbooks do accept this payment method. Furthermore, at some locations (mainly land-based venues), you can get VIP cash rewards for using it.

Take a look through our comprehensive VIP Preferred sportsbooks reviews section to learn more about the operators you can bet with and the states in which they are legal.