Banking

Did you know that there are several banking options that you can use for sports betting online in the state? So whether you prefer paying in cash or appreciate an instant payment, there are plenty of banking options to choose from. Keep reading to learn more about banking options for sports betting in Ohio.

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Sites with the best banking options 2022

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Safe online banking when betting on sports

online-bank

If you’re using a reputable sportsbook, they will have the right software in place to make sure all of your payments are secure. Ohio bettors can feel safe using legal online betting sites, especially when making deposits. All of the banking options that we are going to cover on this page are safe to use for sports betting.

If you’re interested in learning more about banking options for sports betting, you’re on the right page. We are going to cover all of the different banking methods you can use for a safe and easy deposit and withdrawal.

Different deposit options

online-banking

The good news is, when you join a Ohio sports betting site, you won’t be limited to banking options. There are many methods to choose from, so you can pick an option that works best for you. Let’s take a look at some of the top banking options for sports betting in Ohio.

Credit or debit card

Using a major credit or debit card (like Visa, Mastercard, AMEX, or Discover) is a quick and convenient way to fund your sportsbook. Credit card deposits always clear quickly, allowing you to place bets right away.

PayPal

PayPal is one of the most popular e-wallets in the world. Paypal sports betting in Ohio allows for some of the fastest payouts in the industry. In addition, people can connect this e-wallet to their bank account or credit card to make transferring funds easy.

Skrill

Skrill sports betting in OH is another popular e-wallet used for making deposits to your betting accounts. If PayPal isn’t an option for you, Skrill is a great alternative.

Play+ prepaid

Play+ is a prepaid card that can be reloaded online, and it’s a great option to use for deposits and sports betting withdrawals. It’s similar to a reloadable gift card, and nearly every betting site offers some kind of Play+ sports betting in Ohio.

Paysafecard

Paysafecard can be purchased at a physical retail location to be used for making purchases online. So anyone who wants to bet in Ohio with their Paysafecard without linking their bank account is up for a treat.

ACH (VIP Preferred)

ACH sportsbook transfers in Ohio allow you to transfer funds from your bank account in a format that is similar to direct deposit. This banking option is available through VIP Preferred and is used by nearly every online operator in the state.

Paynearme

If you prefer using cash for your betting deposits, you can still do that when betting online. Simply stop by a participating Paynearme sports betting location in OH to make a deposit into your sportsbook that will be instant.

Neteller

There are several safe e-wallets to choose from when it comes to making a deposit in your sportsbook. Neteller for sports betting in OH is a greatly reliable e-wallet platform to use.

Trustly (paywithmybank)

Trustly is a unique banking service that provides a safe way to pay directly from your bank account. This is one of the easiest ways to make a deposit with your bank account.

Best fast withdrawals for sports betting in The Buckeye State

payment-banking

Placing bets is always fun, but it’s even better when you win. When you collect withdrawal, it usually takes a bit longer to receive than it does to make a deposit. You may also notice that the banking options for withdrawals in most sportsbooks are limited. For example, you will not be able to collect a withdrawal using a credit or debit card.

When it comes to collecting a fast payout in Ohio, the best options include:

  • PayPal
  • Play+
  • ACH
  • PaySafeCard

Best fast withdrawals for sports betting in The Buckeye State

payout-banking

Placing bets is always fun, but it’s even better when you win. When you collect withdrawal, it usually takes a bit longer to receive than it does to make a deposit. You may also notice that the banking options for withdrawals in most Ohio sportsbooks are limited.

For example, you will not be able to collect a withdrawal using a credit or debit card. When it comes to collecting a fast payout in Ohio, the best options include:

  • PayPal
  • Play+
  • ACH
  • PaySafeCard

FAQ about banking options

questions-and-answers
What is the legal age to bet in Ohio?

In order to join a sports betting website in the state, you must be at least 21 years old.

What is the best choice of e-wallet for betting in Ohio?

Most players prefer to use PayPal for sports betting. This is because it is free to use and they don’t have to worry about any surprise fees. PayPal is also one of the fastest e-wallets for clearing withdrawals.

What is the best credit card to use for sports betting deposits?

Most online betting sites will accept Visa and Mastercard. This is because these are usually the two best options to use for making a deposit. However, more bookies are starting to accept AMEX and Discover as well.

Are there any banking options that won’t connect to my personal bank account?

When you use Paynearme, you will only be able to make and receive payments in cash. Check your bookie for the nearest location that offers Paynearme and bring cash there to make a deposit to your sportsbook. You can also return to that location to collect your winnings. You will not be able to use debit or credit cards for this transaction.

What is the minimum deposit?

Most bookies in the state will require you to deposit a minimum of $10 to $20 to start placing bets in the sportsbook.