5dimes shut down operation in August and moved my balance to Bitcoin when the price was at $10k ish. Pain in the ass since I know nothing about BTC. My state opened legal online gambling and paid no attention to the bitcoins. Checked today, bitcoin price is at $28k - a 160% ROI all from my 'leftover' funds. Adios sportsbetting. Hello wallstreetbets.

1. Betonline withdrawal issue.BE CAREFUL. I just started playing again on Betonline and recently tried to withdraw funds. Not a huge amount ($300) but wanted to be sure that I wont have an issue.
2. Payouts may be requested by BetOnline customers at any time by logging into your account and going into the 'My Account' section, clicking on 'Payouts', then 'Request a New Payout'. Alternatively, you can go to the ‘Cashier’ section and click on 'Withdrawal'.

When you’re using an offshore sportsbook over the Internet, there are few more pressing considerations that getting your winnings out and quickly, reliably delivered to you stateside. To facilitate this, there are a number of different withdrawal methods that are legal for online betting, and different sites will typically offer similar services. Though many online gamblers simply re-invest their winnings into future bets, it's common for people to want the money they won in their hands. The only real difficulty for US players in claiming their winnings (and it’s a small nuisance, not a deal-breaking problem) is the federal Unlawful Internet Gambling Enforcement Act (UIGEA, 2006). This is a restriction on US banks and other domestic financial institutions, however, and individual bettors are not targeted by the law. It’s merely a speedbump to getting your winnings, and there are lots of solid workarounds provided by the best offshore betting sites.

Depending on which site you place bets with, you may have a dozen or more options for legal sportsbook payouts. Or you might have just one or two available to you. All legitimate sportsbook sites will allow you to withdraw your winnings, obviously, but they vary in terms of the variety of withdrawal methods. As a result, when you're hunting for an online book to serve as your primary betting site (even though we highly recommend you join more than one book for the purpose of line shopping), you would do well to look into their available payout options to make sure they offer the right methods for your particular needs.

Popular Methods That Americans Use For Safe Payouts From Betting Sites

Because of certain federal + state betting laws that interfere with the way funds can be transferred to and from legal sports betting sites (specifically the UIGEA), the number of methods for getting paid could potentially be limited. That means the pool of legal sports betting withdrawal methods commonly used by USA players is pretty small. A breakdown of the most popular ways to get to your winnings is posted below, starting with our most recommended method, Bitcoin.

Bitcoin

Bitcoin is the newest method for legal sports betting withdrawals that online sportsbooks have added to their arsenals. Bitcoin is a digital currency that is both decentralized and relatively anonymous. This means that you do not have to worry about a bank refusing to cash your check or holding up delivery in some other way, as banks have nothing to do with Bitcoin in the first place.

BTC withdrawals are the fastest way to receive sportsbook winnings, with your funds delivered to your wallet within a few hours in most instances. Another great aspect of this particular payout method is that you do not have to pay any withdrawal fees, so your earnings are credited in their entirety.

One point of advice with Bitcoin withdrawals is to cash out when the value of Bitcoin is either the same or higher than its price at the time of your initial BTC deposit. Remember, Bitcoin is actively traded in global exchanges, and the price can fluctuate dramatically over just a few hours or days.

Best Bitcoin Sportsbooks: Bovada Sportsbook, 5Dimes Sportsbook, SportsBetting Sportsbook

Check By Mail (Courier)

Getting a paper check in the mail from any online sportsbook's cashier department is a relatively simple way to collect your money. Probably the most basic withdrawal method of all, a check by mail works like any other check sent through the postal service. However, be advised: It can take a long time for your sportsbook’s cashier to send you your check – up to 15 or more business days at some sites! Additionally, you'll need to fill out a withdrawal form and send in a proof of your identity (a photocopy of your photo ID usually works), but besides that, withdrawing your money through check by mail is a viable withdrawal method at every legitimate online gaming site, and it is therefore very popular for USA sport bettors trying to operate within the legal confines of the UIGEA and other laws.

Typically, courier check payouts can take a bit longer to process, which can sometimes lead to further delays when receiving your check payouts, but there can be options with paper checks that will allow users to get their funds quicker. Generally speaking (and depending on your sportsbook), it could take as little as 7 days to get a check or as long as 30 days. Regardless, you will eventually receive your money, as the method is definitely proven, and if there are any problems with receipt, your book will work with you to make you whole ASAP.

Withdrawal Fees For Checks: Typically Lowest Of All Payout Methods - Most Sportsbooks Give One Free Per Month.

Wire Transfers

For legal sports betting withdrawals, bank wires are an easy-to-use option. When you write a paper check to a retailer or an individual and they cash it, there's a lot of paperwork and electronic activity that follows. Bank wires basically cut out the paper portion of this exchange, making a funds transfer from your online casino or sportsbook account to your chosen financial institution nearly instantly. Think of a bank wire as a digital check.

The main benefit of bank wires, or eChecks, over paper checks is in the time the transfers take to process. Instead of waiting a month for a check to arrive in the mail, you often have your winnings in your bank account or eWallet within just a day or two. Most legal betting sites that accept USA bettors allow eCheck withdrawals.

Popular Brands Of Wire Transfers: Western Union + MoneyGram

Bank Wires

For legal sports betting withdrawals, bank wires are an easy-to-use option. When you write a paper check to a retailer or an individual and they cash it, there's a lot of paperwork and electronic activity that follows. Bank wires basically cut out the paper portion of this exchange, making a funds transfer from your online casino or sportsbook account to your chosen financial institution nearly instantly. Think of a bank wire as a digital check.

The main benefit of bank wires, or eChecks, over paper checks is in the time the transfers take to process. Instead of waiting a month for a check to arrive in the mail, you often have your winnings in your bank account or eWallet instantly. Most legal betting sites that accept USA bettors allow eCheck withdrawals.

Sportsbooks That Use Bank Wires: Bovada Sportsbook, BetOnline Sportsbook, SportsBetting Sportsbook

Debit Card Payouts

This is a great way to get paid by an online sportsbook, but the betting sites that use it are extremely limited. At this time, there is just one online betting site we know of that offers them: 5Dimes Sportsbook. That being said, the availability changes from month to month, so you may not always see this option offered.

Debit card payouts basically work by re-crediting the debit card used to make your initial associated deposit into a sports betting account. At 5Dimes, they only accept Visa, so Visa debit cards are the only ones that can be “refunded”. The process will require the user to fill out a debit funding application to get started, but again, they must first use that card to make a deposit - only debit cards used to fund the betting account can be used for this.

Typical transfer time on debit card payments is around one week, and fees are generally low. It is also worth noting that debit/bank cards that are capable of international purchases are going to have much better success rates than those not officially afforded that luxury. For legal sports betting withdrawals with debit cards, you will need to speak with customer service. Ideally, you will only use this option if no other more straightforward option suits your particular needs.

Prepaid Card Sports Betting Payouts

Most often, prepaid cards are associated with deposit methods for an online betting site. However, prepaid cards can also be used as a method to receive a payout from a sportsbook as well. Not every website will offer a prepaid payout option. Each betting site will have its own rules and regulations regarding how a prepaid card can be used. For example, at 5Dimes Sportsbook, they have a prepaid card called the 1500 CLUB card. This is a card where deposits and payouts can be made by account holders. Users are issued a card after joining the 1500 CLUB program and will be able to dictate the payout process under the guidelines of 5Dimes.

Other prepaid card payouts center on major credit card brands. Visa is most often an option, but other prepaid cards have the potential to be accepted after consulting with the cashier at your betting site of choice. Not every top site supports prepaid card betting payouts, and others do offer the service but do not advertise it publicly. If you want to know whether or not your sportsbook offers prepaid card payouts, you will need to contact customer service for the final word.

How the UIGEA Has Affected Withdrawals

The UIGEA (Unlawful Internet Gambling Enforcement Act) was passed in 2006 as a weak attempt to stop all “unauthorized” online gambling inside US borders. It limits banks and other financial institutions from knowingly transferring funds to and from online gambling websites. The UIGEA doesn't apply to all forms of deposits and legal withdrawals, instead mostly going after credit card payments, debit card deposits, and any direct funds transfers from your bank to your player account. What's really frustrating is that the UIGEA has scared PayPal, the world's most popular eWallet, away from the American market, even though they are one of the most popular gambling withdrawal platforms in the rest of the world. Simply put, the UIGEA makes legal withdrawals a little more expensive, a little harder, and adds some time to the exchange of funds. Unless, of course, you use a cryptocurrency like Bitcoin or supported altcoins (i.e. Ethereum, Litecoin, Cardano, Stellar, Ripple, DASH, Bitcoin Cash, etc.).

Other Problems Americans Have When Getting Payouts From Online Sportsbooks

The UIGEA is not the only stumbling block Americans have in the way of withdrawing funds from their Internet betting accounts. The first thing that would prevent a USA gambler from making a withdrawal would be if he weren't of legal gambling age in his state. Online casinos use age-verifying methods to make sure you're complying with local and federal laws. Another little headache is the requirement that you verify your identity before you make a withdrawal — when it's time to collect your winnings, you'll need to fill out paperwork and provide proof of your identity. No legitimate sportsbook or online casino is going to prevent you from getting legal sportsbook payouts, as long as you are who you say you are.

Best Legal Betting Sites With Quick And Reliable Withdrawal Methods

BetOnline Sportsbook - Payments Made In Under 48 Hours Depending On Method

Besides a great variety of games and betting options built on proprietary software, BetOnline has a really beneficial withdrawal system. Americans can request a payout once a month with a $50 credit against any withdrawal processing fees.

BetOnline allows USA gamblers to withdraw using paper check by mail, book-to-book transfers, Western Union and MoneyGram wire transfers, person-to-person withdrawals, and (for those lucky Americans that have the ability to do so) ACH withdrawals directly to your bank account (bank wires). BetOnline also handles payouts in Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and DASH cryptocurrencies, which offer the fastest withdrawal methods and carry no added fees.

Bovada Sportsbook - Up To Four Friendly Options For USA Sportsbook Payouts

Bovada is for North American customers only, an offshoot of the mega-popular Bodog betting network. Bovada uses check-by-courier, Western Union and MoneyGram (by request), bank wire transfers (by request), and Bitcoin/Bitcoin Cash to pay withdrawals to their North American customers for anything from sports gambling to online poker to horse racing betting.

Please note that all Bovada customers get one free 'check-by-courier' withdrawal per month, a no-fee withdrawal method that can save you the hassle of having to pay a portion of your winnings to a middleman. Other methods like wire transfers typically have $40 to $80 in processing fees, but payments usually arrive within 48 hours or sooner.

• COUNTRY
• LEGAL SPORTSBOOK
• PLAYERS ACCEPTED
• RATING
• MOBILE?
• MORE INFO
• VISIT

• BetOnline Sportsbook
• Accepts U.S. Players From All 50 States

• Bovada Sportsbook
• No Players In DE, MD, NJ, or NV

• SportsBetting Sportsbook
• Accepts U.S. Players From All 50 States

• MyBookie Sportsbook
• Accepts U.S. Players From All 50 States

• BetDSI Sportsbook
• Accepts U.S. Players From All 50 States

What Is The Fastest Method For Getting Money Out Of Sports Betting Websites?

Many users like to get their legal sportsbook payouts from a betting site quickly. When selecting an option based purely on speed, Bitcoin is the quickest way to get paid. (If you are not familiar with Bitcoin, another option is a wire transfer.) Bettors can expect a Bitcoin transfer from their sportsbook to be made within 4-12 hours following the approval of the withdrawal by the customer service department. That means that in most cases, the bettor can have their payout back to them the very same day that they request it. The most you can expect to wait, if your book has very high payout traffic, is a day or two, though these cases are the exceptions. Legal sports betting payouts are both expedient and reliable with Bitcoin and other supported cryptocurrencies (which work the same way).

More About Online Sportsbook Withdrawal - Payout Fees + Charges

No matter the sportsbook you use, when it comes to making legal sports betting withdrawals and receiving a payout from a site, there are fees to consider. There is no 'one size fits all' fee at a sportsbook. Each potential fee will be tailored to the type of legal sportsbook payout that is being sent to the player. Not only will the fees vary depending upon the type of payout, but fees for the same payout methods can also vary from sportsbook to sportsbook. Different sites will assess fees differently. This is another incentive to shop around at the different sportsbooks and join multiple services so that you always get the very best value for your money. Joining several books is not just to help with shopping betting lines, of course; it is recommended that you do this based on a number of factors including payout fees, bonus perks, and more.

BetOnline Sportsbook bring online sports betting to their players covering a range of aspects. Whether on the computer or through a mobile device, BetOnline truly epitomizes sports wagering online in the 21st century. This sportsbook accepts a wide range of players, among them being those in the United States. This fact had made BetOnline one of the most popular sports betting sites going today.

But it's not all about who they accept and what odds they offer. There are key factors that come into play, of which none are more important than the options BetOnline gives their account holders to get paid! Withdrawing from BetOnline requires only a few steps and choices to be complete by the player. Check out what can be done at the time a player wants to receive a payout, below.

How Long Do BetOnline Withdrawals Take?

The nice thing about receiving a payout from BetOnline is that they do not take very long to receive. Even the longest methods take a few weeks at the most, and that is just the window of when it's guaranteed to be there.

What kind of payout times, in terms of total duration, can bettors expect? Checks are very common methods chosen by BetOnline players, especially those living in the U.S. It's simple to get, because all that is required is the address on the account. Checks can get to a player anywhere from seven days to thirty days.

BetOnline also gives players the chance for wire transfers as well, with Western Union as one option, and a MoneyGram as the other. It takes considerably less time to receive sportsbook cashouts this way. How does less than 36 hours sound? Hopefully that is music to your ears because, players are only looking at a 12 - 36 window once the withdrawal is processed, to it being received.

BetOnline Withdrawal Options For 2013

Betonline Bitcoin Withdrawal Reddit Today

There are a half-dozen withdrawal options BetOnline users can pick from as of 2013. We mentioned most of them in the paragraph above detailing withdrawal times, but we can take that a step further here, especially when it concerns checks. That's because there isn't just one check option account holders can pick from, there are three! Standard,courier, and ExpressCheck options are available.

We mentioned Western Union transfers and MoneyGram transfers up above as well and these are perhaps the most used options because of their friendly limits. While these are fast, expect to pay a surcharge for this convenience.

One more payout option to be aware of is a bank wire. It's rather similar to a wire transfer, but like most of the fastest sportsbook payment options, sending the money directly into your bank account can take a bit more work to setup.

BetOnline Withdrawal Policy

A couple of notes to make, as far at BetOnline's withdrawal policy goes, are as follows. First, and perhaps most important, is the fact that the address listed on the account will have to match the one being sent to. This is very important to avoid confusion and problems.

It should also be noted though that when requesting a payout, BetOnline says that players are able to get a free payout every 30 days. This applies to the check method only, and must be specifically mentioned when you request your payout.

BetOnline Withdrawal Fees

No one likes to pay fees, regardless of what it's for. But in terms of online sportsbooks, it's pretty standard practice. Of course the nice thing that BetOnline offers is that free payout we mentioned in the policy section above.

It's important to know the fees that come with payouts though, so here we go. A breakdown of the three different check options range in fees from $25 to $50. The standard check is just $25, with the courier set at $35. The ExpressCheck will charge players $50.

When it concerns the electronic options, fees are too far off. A Western Union fee carries a $34 charge for a $100 payout, all the way to a $101 charge for $800 payout. MoneyGram fees vary from $26 - $80. Those interested in a bank wire will pay anywhere from $45 - $75.

BetOnline Withdrawal Limits

The type of payout a player wants could depend on how much they want to withdraw from their account. Therefore, it's important to know the limits on each. And you are in luck, as we have those.

Check limits at bet online are anywhere from $500 up to $2,000. This does not depend on which check is being received, as all checks are grouped with this limit.

Western Union and MoneyGram payouts need to be at least $100, though for the maximum payout a WU transfer can be up $950, while a MG transfer is $150 less at $800.

Betonline Bitcoin Withdrawal Reddit Live

For a bank wire, the limits are quite high. They are the highest limits of any method, for minimum and maximum payouts. Players must withdraw at least $2,500 here, but cannot exceed $7,500. For big players though, a bank wire can be made every three days, so only a 72-hour waiting period is required in between transactions.

BetOnline Withdrawal Issues + Problems

Players who want to be able to request a payout when it's time should make sure that they meet all of the requirements to join BetOnline Sportsbook to avoid any potential problems problems. This would include that you be able to use their payment methods in the first place. Having a sportsbook account that you cannot get money out of is useless.

Another issue that could be encountered is not providing the correct information during registration. This can complicate matters and it's better to be as accurate as possible when going through the process whenever you sign up at any USA online betting site if you plan on using the account.

Also, identity verification is an issue at this sportsbook but it generally comes up when making deposits instead of withdrawals. If you are asked to provide additional information when requesting payment and you've already verified, contact the cashier and they will be able to sort out the matter.

Finally, one common complaint we hear is about the minimums. Know that if you use BetOnline, you are going to need to be able to cash out at least $100. This can be a deal-breaker because most players don't typically deposit $100, at least not when depositing for the first time. This means you will need to win a few bets to stay above the minimum plus pay fees that usually accompany minimum deposits - BetOnline will cover fees for payouts over a certain amount.

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