Arizona Online Betting » Banking options

Banking options

We are ready to let you enjoy online sports betting on every major category of sports, as well as special events year-round. While you check them out, make sure you do your research on the banking options while sports betting online in AZ. As we discuss, banking is a vital part of your interactions with some Arizona online betting.

Guide to banking options in Arizona

All the sportsbooks we mention on this site will be good choices as you bet online on sports. Check out their specific banking options and guidelines, though, so you can use the method that suits you the best. It’s a step that will stand you in good stead over the long haul. Sports betting in Arizona is here to stay, and we’ll help guide you to the best sportsbook.

Finding a good AZ sportsbook with banking

Do some research on the following characteristics before making your final choice(s):

  • Legitimacy and reliability – Besides checking to see that the sportsbook is licensed in Arizona, search for peer reviews on industry sites to make sure no red flags pop up.
  • Technology and interface – The better sites are well organized to help optimize your search process, and the pages should load quickly.
  • Multi-platform access – A good mobile app should be a prerequisite, especially for live in-game betting. The site should also be accessible via desktops, tablets, etc.
  • Good lines and sports coverage – Good sportsbooks may specialize in certain events (with promos and especially attractive odds), but they should open up lines on every game that you would normally wish to bet on. The odds may vary from site to site, so finding the best sites for certain events should be on your mind.
  • Live betting options – While placing bets for future events is fun, live betting takes excitement to new heights. All good sportsbooks will offer it.
  • Good promotions – Sites offer all kinds of promotions to lure new bettors and offer attractive promos for certain special events. Watch out for deposit bonuses, free plays, risk-free plays, rollovers, and odds boost on your favorite betting sites.
  • Great customer service – This is an absolute must. Learn how you can get your questions answered efficiently through email, online chats, and phone.
  • Convenient and fast banking options – Discussed in more detail in the following sections.

List with different banking options in AZ

CompanyBonusConsVisit
$25 free on sign up
  • $25 free bet
  • 100% deposit match up to $1,000
  • iOS & Android app
Visit BetMGMBetMGM AZ

Banking options for bets online

online-bank-transaction

Each of the online betting sites mentioned below fulfills the basic criteria mentioned earlier in terms of what AZ residents should look for when placing online sports bets. For example, they are reputed and reliable, offer live betting and attractive lines (including promos), have good mobile apps, and consistently receive high marks for their service, speed, and other features.

Some common factors about online banking in Arizona

As we discuss the various online banking options, here are a few things to remember:

  • Each of these sites will clearly state its guidelines. Check them out and ask questions if there is any confusion.
  • In many cases, good sportsbooks would offer to accept deposits and allow withdrawals through the same (at least 4-6) choices, though there may be specific options for deposits and others for withdrawals in some cases.
  • There may be requirements for using an online method (e.g., for bank transfers) for a deposit at first before requesting a withdrawal.
  • They have low requirements in terms of money in the account at the time of withdrawal – typically not more than $10-25.
  • As discussed before, they will not be charging fees for most of the services, though your bank or transaction vendor may charge some amount. In some cases, they will work with frequent bettors to alleviate some of the fees.
  • Deposits are typically completed within minutes once you are set up. Withdrawals could take from 1-5 business days. FanDuel is generally reputed to have the fastest turnaround time for withdrawals, which could be within minutes in many cases.

The various online banking options in AZ

SportsbookBanking Options – DepositsBanking Options – Withdrawals
DraftKingsACH transfers (including VIP Preferred e-checks), PayPal, major credit/debit cards, Play+ prepaid cards, PayWithMy Bank, wire transfers and checks.Same as deposits
BetMGMMajor credit/debit cards, online bank transfers, Play+, e-checks, PayNearMe and SkrillCredit/debit cards, online bank transfers, Play+, PayNearMe, PayPal, Skrill and paper checks.
William Hill (rebranded to Caesars Sportsbook)Major credit/debit cards, VIP preferred e-checks, PayNearMe, Skrill, Play+, PayWithMyBank and PayPal.e-Check using VIP Preferred, Skrill, online banking, PayPal or Play+ card.
FanDuelMajor credit/debit cards, ACH, Checks, Wire Transfers, online bank transfers, PayNearMe, PayWithMyBank, PayPal and FanDuel prepaid card.Same as deposits.
WynnBet SportsbookPayPal, credit/debit cards, Play+ card and ACH/VIP preferred e-checks.Same as deposits, plus paper checks.
Bally BetCredit/debit cards, Play+, online banking and ACH.Same as deposits, plus options may include PayPal, Neteller, PayNearMe and Skrill.
UnibetCredit/debit cards, ACH, e-check, PayPal, PayNearMe, Play+ and wire transfer.ACH, PayPal and Play+.

Importance of online banking with AZ betting

money-transfers

When selecting the right online sports betting sites in Arizona, check out their online banking rules. Fast, convenient banking – without high minimum balance requirements for your account and/or high fees – should be a prerequisite for anyone, whether they are new or experienced.

High minimum balance requirements may pose a specific problem, especially for modest bettors who do not keep a lot of money on their sportsbook account. If someone has $100 in their account, and the site requires a minimum balance of $500 before they allow free withdrawals, that could be a huge problem. The bettor would need a prolonged run of success before s/he could withdraw.

Online money transactions

Below, we discuss some of the typical ways that reputed sportsbooks will allow customers to make deposits and/or withdraw funds from their accounts. The guidelines may vary from one online betting site to the other, so be sure to do your research prior to signing on.

Most of them will not charge any fees, but there may be fees from the bank or merchant facilitating the transactions. This is easy with fast payouts in Arizona.

Banking with ACH transfers (and VIP Preferred e-Checks)

ACH sportsbook transfers in AZ are often convenient for bettors who want a fast and streamlined deposit and withdrawals. Many betting sites will require that a deposit be made first using the bettor’s bank username and password before a withdrawal is requested.

Another service offered to bettors is the VIP preferred betting option in AZ, which allow for unlimited transactions on sportsbooks once your bank’s account and routing information are on file.

Online banking

Direct online bank accounts set up to transact and settle with sportsbooks could be a good option for many. Since the funds used for betting are held in a segregated account, no personal financial information is shared with the online site – a method preferred by some customers.

Major Credit and Debit Cards to fund your betting account

Visa cards and Mastercard transactions are the staple of any good sportsbook. Some sportsbooks also allow transactions using Discover card and Amex. The clearances are instantaneous, which helps.

While the online betting sites charge no fees, it makes sense to check the guidelines from your card about deposits made from your credit line. Many cards may treat these transfers as cash advances, which translates to higher fees and carrying charges if the bills are not settled on time.

Credit/debit cards used for sports betting in AZ

PayPal banking option

PayPal is a secure e-wallet that has become extremely popular over time. Most good sportsbooks will allow either deposits or transfers, if not both, to place online sports bets with PayPal in Arizona.

Among the many advantages of using PayPal is that your information is not shared with the online sports betting sites. Users either have an existing PayPal balance or have linked their bank account to PayPal so transactions can be funded. The fees are modest, which is also an attractive feature. The transactions are completed within a few minutes.

Skrill banking in AZ

Similar to PayPal, Skrill is an e-wallet that can be used with some of the sportsbooks. Skrill betting in AZ is reliable and is often cited as a good alternative to PayPal. In addition, they have the advantage of offering instantaneous clearance of transactions.

A drawback of the service is fixed fees and also the fact that it is not as readily available for all users as PayPal. However, the latter is unlikely to be a big problem for AZ betting enthusiasts.

PaySafeCard banking option Arizona

A prepaid gift card, the PaySafeCard is available at dozens of vendors, including the likes of Moneygram and Randall’s stores. So if your favorite betting sites accept PaySafeCards in AZ, you can rest assured that your information would be completely secure – since neither the vendor nor the sportsbook has any of your financial information.

Banking with Neteller

Neteller is an e-wallet that is slightly different than the others on this list, in so far that it works in tandem with other payment options such as Mastercard Visa or PaySafeCards for both deposits or withdrawals on online betting sites. In addition, Skrill can also be used for withdrawals from Neteller sports betting sites in Arizona.

Membership in Neteller is free, though there are fees associated with the transactions. Clearance is instantaneous. There are built-in anti-fraud and security features.

Play+ prepaid card banking in AZ

Play+ prepaid cards in Arizona can be accessed by making an initial deposit after setting up a Play+ account with your sportsbook. Once it clears, you can use the money straight away. Later, a physical card is mailed out. After that, it can be used as a debit card at any ATM that accepts Discover.

The transfers are instantaneous, and the vendors would not charge any associated fees – not the sportsbooks themselves.

PayNearMe with cash in AZ

PayNearMe for sports betting in AZ is a popular service that is accepted by many operators. It is completely secure since no third party is ever made privy to the depositor’s information. The account is set up online, a payslip is generated, and either an electronic or paper copy is carried over to a storefront location that you can pay at. Once paid, your account is credited within minutes.

A quick search shows 50+ convenient locations within 6 miles of downtown Phoenix, spread among 711s, CVS Pharmacies, Family Dollar Stores, Walmart Stores, and Ace Cash Express. In addition, PayNearMe continuously increases its network to provide more options.

The participating vendors per transaction typically charge a fee.

Trustly banking options in AZ

Trustly users set up an account with their bank username and password. Once completed, future transactions can be triggered without any additional information needing to be entered. That cuts out the verification and other steps normally associated with processing a check or credit/debit card online.

Trustly sports betting in AZ is also secure since all information is verified through the bank and is not available to third parties. There is also a natural check on spending since you are not drawing on a credit line but the amount available on your bank account.

Other banking options in Arizona

Also they may offer additional options. Examples include services like Wyrz, Green Dot Moneypaks, and other prepaid (gift) cards. Certain online betting sites (e.g., FanDuel) have their own prepaid cards. Several will allow transactions via wire transfers.

Best banking betting options in Arizona

best-badge

Online banking options – in terms of both convenience and speed – are critically important for regular bettors, whether they are experienced or newbies. On some action such as live, in-game play-by-play bets, slow deposits could absolutely kill you. This article will provide you with the details that will help you choose the online betting site(s) with the best banking options in Arizona.

Luckily, there are many good options available for online sports betting in AZ, such as DraftKings, FanDuel, William Hill (which was bought by Caesars Entertainment and rebranded to Caesars Sportsbook), BetMGM, WynnBET Sportsbook, Bally Bet, and Unibet.

FAQs about banking in Arizona

What can I bet on in AZ with banking?

Arizona bettors can bet on all major US professional and college sports and international and national events such as the Olympics, FIFA World Cup, tennis, and golf tournaments. In addition, lines are provided for prominent television and global events, ranging from the Oscars to the Nobel Prize.

Do I get to place different types of bets?

Every good site, and certainly the ones we recommend, will offer a wide range of bets depending on the sports. But, of course, the popular ones, such as moneyline, point spread, parlays, live play betting, and prop bets, are sure to be covered.

Can I use e-wallets such as Skrill or PayPal?

Both of these options are guaranteed to be offered by good sportsbooks.

Any tips on strategy?

Every bettor makes his or her own strategy. In general, though, it may be important to reflect on the fact that sportsbooks are trying to make a profit. It’s hard to consistently end in the black unless you win 55-60% of your wagers. So, perhaps a good strategy might be to bet modestly and not go all-in on one bet. A general rule of thumb could be to not bet more than 1-5 percent on any single bet.

Is there one banking method you would recommend?

That is hard to do for a couple of reasons. One, your personal preferences may dictate which method you choose. Two, they may not all be available on your favorite sports betting site.