Ohio banking methods affect your betting experience drastically. In this guide, we walk you through the best banking options in Ohio, including best deposits and fast withdrawals, to help you enjoy your wagers sooner rather than later.
Ohio sports betting banking methods
In order to place bets, you must know which banking methods are available for online sports betting in Ohio. There are many more deposit options than withdrawal methods, and depositing money is much faster than receiving it.
Credit/debit cards, ACH, prepaid cards, and E-wallets all serve as good deposit methods, but only E-wallets, ACH, and prepaid cards are viable options for fast payouts at most Ohio operators. ACH (VIP Preferred) and PayPal are our favorite banking methods as a result.
Best Ohio banking methods 2023
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Best Ohio banking methods
Debit/credit cards are some of the fastest deposit options available. Nearly all of them accept Visa and MasterCard, and a few of the more prominent players accept American Express and Discover as well. However, debit/credit cards are not suitable withdrawal methods.
Nearly all accept PayPal, which is one of the most reliable and accepted E-wallets. If you are unfamiliar, PayPal acts as a third party where you can hold money outside of your bank account. You can both deposit and withdraw money from most using PayPal, and the bookie does not show up on your banking statement either.
Skrill is another type of E-wallet. It works in the same way as PayPal, though it is less popular. Skrill is accepted in most of them, but it is not easily accepted at other sorts of online stores. Skrill has higher fees than PayPal as well.
Neteller is much like Skrill in that it is an alternative to PayPal. However, this E-wallet is much less accepted than Skrill, which means it isn’t the best alternative. Still, you might want to consider Neteller if you are specifically looking for another E-wallet to make your deposits and withdrawals with.
Though not accepted at all sites, the PaySafeCard provides a reliable deposit method where you remain completely anonymous. As a result, the PaySafeCard is an ideal choice for Ohio bettors who want to remain anonymous when funding their sports wagers.
The Play+ card is a unique banking method for sports specifically. This card acts as a prepaid debit card so that you can fund quick transfers without any statements showing up on your bank account. You will receive a physical card and you can upload money to it at any place where Discover is accepted. The processing times are instant too.
ACH (VIP Preferred)
ACH checks are a fast, easy, and convenient banking method for sports betting. VIP Preferred is an especially great choice for sports bettors because it utilizes the same techniques as traditional ACH but it is designed for online.
PayNearMe is a unique banking method because it allows you to fund your online wagers using a form of physical currency. In addition, this payment option is extremely private because you don’t share your banking method with anyone. Processing times with PayNearMe take a bit longer than many of the other options, but it is an ideal choice for those who want maximum security on their banking information.
Trustly allows you to send electronic bank transfers with your bank. Unfortunately, it is only available if you have a bank account in certain European countries, but it is a good option for Ohio betters with less traditional banking methods in the States.
Best banking methods for betting
Unibet Ohio offers the most comprehensive banking methods. Just about every banking method we discussed above is offered with the provider, and they offer fast payouts.
PointsBet Ohio is another great site that offers tons of banking methods for both deposits and withdrawals. It would help if you didn’t have difficulty finding a convenient banking method when using this platform.
Enjoy just about any banking method you prefer with BetRivers Ohio. Known for their incredibly fast processing times, you get to enjoy your money and preferred payment method in next to no time when using their digital platform.
WynnBET Ohio accepts the most popular banking methods. Not to mention, they have one of the best welcome betting bonuses in Ohio so that you can start enjoying your wagers without spending your own money.
Best deposit options in Ohio
Depositing money into your Ohio provider is much easier than withdrawing money. Nevertheless, here are the best deposit options, which are deposit methods that are fast, safe, and convenient:
- Credit/debit cards
- Prepaid cards
ACH and E-wallets like PayPal are our favorite choices. Regardless of which one you select, you can expect them to accept these deposit options.
Best fast withdrawals for sports betting in Ohio
Withdrawals are notoriously more difficult than deposits. They aren’t instantaneous like deposits because they must review the request for the withdrawal first. Certain withdrawal methods are faster than others. Here are the fastest withdraws in Ohio:
- Prepaid cards
The ones mentioned above will accept these withdrawal methods, and they will be as close to instantaneous as you can get. Note that all three of these payments are electronic. If you opt for a non-electronic option, it will take notably longer to receive the money.
FAQ about banking methods
Yes. Most Ohio sportsbooks offer deposit limits that you can set for yourself to monitor spending habits.
Certain banks institute anti-gambling policies, which means your card will automatically be declined when used at Ohio mobile sports betting apps. Your card may also be declined if you have insufficient funds.
The fastest Ohio betting banking method is PayPal or ACH.
Certain Ohio betting funds will show on your bank statements. It depends on the banking method. Anytime the deposit or withdrawal is linked directly to your bank account, it will show up.
Your sports site will not show up on your bank statements if you use an E-wallet or prepaid card, but the E-wallet and prepaid cards will show up.