Banking Options Texas Sports Betting

Before you can make wagers, you’ll have to select a sportsbook. Selecting a sportsbook is one of the most important parts of your wagering process, which is why we did some of the legwork for you. We took a look at all of the many Texas online sportsbooks out there and narrowed them down based on a few very important characteristics. We checked for:

• Lots of promos
• Sports events of all kinds
• A long list of payment options
• Safety, security, and legality
• Bonuses and promos to amp up your betting experience

You’ll find all of that and more in our top 4, so be sure to give them a look while on the hunt for your favorite sportsbook. So, without further ado, meet our top 4 finds.

DraftKings

DraftKings is the king of online sports betting. They specialize in fantasy sports but have options to wager on sporting events of all kinds. They have a solid welcome offer and promos that bettors can score weekly.

• Current promo: Score a free bet worth $50 and a deposit match of 100% up to $1,000.
• Payment options: PayPal, PayNearMe, Visa, and Mastercard

FanDuel

Signing up for FanDuel is simple, allowing you to sign up and make your first sports bet in no time. Then, download the app to make wagers in just a few clicks and keep your eyes peeled for tournaments and offers happening on the site daily.

• Current promo: Bet, risk-free, up to $1,000
• Payment options: PayPal, e-Check, Visa, and Mastercard

BetMGM

BetMGM has been in the online sports betting game for more than a decade. During that time, they’ve streamlined the process and made it more appealing to bettors of all kinds. Select from a long list of events and gain access to exclusive promos and tournaments when you sign up.

• Current promo: Bet, risk-free, up to $1,000
• Payment options: PayNearMe, Visa and Mastercard, Skrill

Caesars

Caesar’s Sportsbook is leading the web in welcome offers. All newcomers score a fee NFL jersey on top of access to a large risk-free bet. Don’t let the bonus option make you skeptical, as there is plenty that speaks for itself with this sportsbook. From all the sports you can imagine to exclusive offers and rewards too, you can find it all here.

• Current promo: Bet, risk-free, up to $5,000
• Payment options: PayPal, Skrill, VIP Preferred, Visa, and Mastercard

After you choose a TX online sports betting site, the next thing to think about is choosing your preferred banking options. Most of the top sportsbooks we mentioned above offer a number of payment options, all of them coming with their own perks. Below, give some of the top banking options sports betting offers, helping you weigh your options and choose the one that works best for you.

PayPal

When it comes to the fastest sports betting withdrawals, PayPal is where it’s at. It’s known as one of the most convenient ways to pay online, with instant processing and no fees.

Online sports betting with PayPal is considered to be one of the safest ways to make deposits and process withdrawals. Both PayPal deposit and withdrawal of winnings in an instant, allowing you to get cash in hand as soon as you initiate it.

Fees: 0 fees

Processing times: Instant

Skrill

Skrill is another e-wallet that functions much the same as PayPal. One of the only differences is the number of fees paid, as Skrill has a few when it comes to both deposits and withdrawals.

Still, Skrill is a solid option to keep bettor’s information safe and comes with instant processing to use fees on bets and withdraw in a matter of seconds.

Fees: Up to 6% for deposits and $5.50 per withdrawal

Processing times: Instant

PaySafeCard

The PaySafeCard is a great online sports betting option. It keeps all personal and banking information safe and processes online payments instantly. The only thing that you might find that’s a hassle when using PaySafeCard for your transactions is the number of fees and the transaction limits placed on all accounts.

Fees: Varying fees depending on the type of account

Processing times: Can take up to 3 business days

Play+

Play+ is a prepaid debit card that offers bettors an alternative to using a banking debit or credit card. Most betting sites that offer Play+ allow bettors to sign up right from their account’s homepage, later sending a physical card to the address provided. As a result, bettors can make their first deposit and even start making wagers from day one, enjoying a safe and simple way to pay.

Fees: $0 for deposit and withdrawal

Processing times: Instant

ACH (VIP Preferred)

VIP Preferred is a great option for those who want funds in their account instantly. It works as an e-Check, transferring funds from bank accounts to the betting account almost instantly. To start, all you have to do is register your account and link it to your bank account, able to process both withdrawals and deposits from there.

Fees: $0 for deposits and withdrawals

Processing times: Instant deposits, withdrawals up to 3 business days

Credit/debit cards

Using major credit cards like Visa, Mastercard, Discover, and AMEX is still a solid way to add and withdraw funds. In addition, most sportsbooks allow bettors to use debit and credit cards, as it’s a fast and convenient way to add funds and keep the good times rolling.

Fees: Mostly no fees *depends on the sportsbook

Processing times: Instant deposits, withdrawals up to 5 business days

PayNearMe

Many bettors don’t know that there is a way to use cash to deposit funds. But, it’s absolutely possible and can be done using PayNearMe.

All bettors have to do is request a slip and fill it out, taking it to the nearest participating PayNearMe center, often found in convenient stores and/or pharmacies. It’s a way to avoid using any cards and allows bettors to place wagers using only cash.

Fees: Up to $5.99 per transaction

Processing times: Can take up to 1-hour to hit your account

Neteller

Sports betting deposits and withdrawals with Neteller are instant. It works much like an e-wallet, though it comes with fees too. It’s a great option for online sports betting as there is no connection with the banking account, and funds hit the account in seconds.

Fees: 2.5% for deposits and up to $10 for withdrawals

Processing times: Instant

Trustly (PayWithMyBank)

PayWithMyBank is a great way to use funds from your bank account without having to directly link it to your sportsbook. The fees are fairly low, and the service is a guaranteed fast and secure way to add funds to your account or withdraw winnings after a solid day of sports betting.

Fees: up to 3% for each transaction

Processing times: Up to 3 business days

Now that you know where to bet and what types of banking options you’ll likely encounter at Texas sports betting sites, let’s get you rolling in the right direction.

To withdraw your winnings, you have to win something first, which is why we’re here to walk you through it. In just a few simple steps, you could be on your way to collecting your first sports betting earnings, making the most out of your betting.

Step 1. Sportsbook + welcome offer

One of the first things to do is choose your sportsbook. Once you do, be sure to take them up on the welcome offer, starting off on the right foot when it comes to betting. You can create an account, download the app, and score the welcome offer in little to no time at all.

Step 2. Add funds

Depending on the welcome offer you received (a risk-free bet, deposit match, free bet, etc.), you’ll need to deposit some funds. You can do so with the payment method of your choice, selecting the one that best fits you and your payment needs.

Step 3. Make your first wager!

Now’s the time to make your first wager! Be sure that you do a bit of research before you take off and start betting, increasing your chances of igniting your beginner’s luck. Take a look at the odds and find a bet that you think will give you the highest chances of success. Then, cross your fingers and bet the amount you’d like.

Step 4. Collect your winnings

If you won a bit after your first run, congrats! Now it’s time to get your hands on your cash. To withdraw, simply select a payment method of your choice offered by your sportsbook. E-wallets are typically the fastest for withdrawals, coming with instant processing. If you can choose an e-wallet, do so, select the amount you want to withdraw, and click ‘OK.’

You’ll have your cash in hand in no time, able to turn around and use it toward another betting day or for something fun that you’ve been saving up for.