Banking options AZ

This article discusses the many ways you can move funds in and out of your sports betting account. Along with which methods are fastest before looking at what banking options AZ sports betting sites offer.

Moving funds for Arizona

What is sports betting without money to bet with? Before you can even get started, you need to know the different methods available for adding money to your account so you can place bets and how they hold up against each other.

Understanding how you can withdraw funds is equally important for knowing what a sportsbook is offering you. Once you know these things, you can make an educated choice when looking at different sportsbooks available in Arizona.

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Ways to deposit money in AZ

Depositing money to your sportsbook is the first step you take after signing up, and you cannot start betting until you pick an option you are comfortable with. Each of these banking options have their pros and cons, and we will briefly discuss them in the following section.


PayPal is an e-wallet method that is most commonly offered by Arizona sportsbooks, and many are already familiar with its platform. PayPal provides a quick and easy way for bettors to fund their accounts and receive payouts.

As an e-wallet, PayPal might be more convenient and secure than other methods like online banking or cards. You can use your PayPal betting AZ account to keep betting funds separate from other funds, and you benefit from enhanced privacy by keeping bank information separate from sportsbooks or other merchants.

Most who use PayPal benefit from no fees and instant processing, so little time or money is lost to this method.


Similar to PayPal is Skrill. This e-wallet is less popular overall, but the name is common enough with sportsbooks that you need to know it. It functions as an e-wallet would, collecting your bank and card information and keeping it in one place. Skrill also helps you separate funds for sports betting.

The biggest difference between PayPal and Skrill, apart from popularity, is that Skrill charges higher fees. You are looking at anywhere from 1 percent to 6 percent for deposits and a flat $5.50 on withdrawals. Most who prefer Skrill use it because they are not eligible for a PayPal account but still want the benefits of an e-wallet.


To finish the e-wallet trifecta of sports betting is Neteller. This is one of the oldest e-wallets available and has more popularity with gambling sites worldwide. While you may not see it as often as PayPal or Skrill, Neteller is an entirely valid banking option for sports betting in AZ.


PaySafeCard is a closed-loop prepaid card, meaning it is not reloadable. After checking to ensure your sportsbook accepts PaySafeCard, you go to a retail location that offers it and purchase using cash or your card.

You can then use the card at your sports betting site, although you have a $300 transaction limit. Fees vary depending on the amount.

Because PaySafeCard is a closed-loop, you benefit from keeping your bank information completely offline. As a result, this is one of the most secure ways to use money online, and you have the added benefit of potentially using cash to fund your account.

Play+ cards

Most sportsbooks offer a branded prepaid option through a deal they have made with Play+ cards. Your money is held in an FDIC-insured bank account, and you can quickly add money to or withdraw from your sports betting account.

You sign up through your betting site’s cashier to get started, and in most cases, you can make a deposit the same day. Play+ cards are also available in a physical format that you can use at ATMs and anywhere Discovercard is accepted.

There are generally no fees for Play+ card transactions to and from sportsbooks, and you benefit from instant processing.

ACH (VIP Preferred)

An automated clearing house (ACH) uses a network to move money to and from your bank account. The most popular ACH working with sportsbooks is VIP Preferred, though you may see other names on occasion.

ACH transfers are beneficial for a few reasons. They have higher limits and a higher success rate than other methods. ACH transfers are free to use and offer instant results as well as an extra degree of security by keeping your banking information removed from your sportsbook.

Credit/debit cards

Both credit and debit card transfers work in the same way. First, you input your card number and other identifying details such as a security code or expiration date.

While these are some of the most popular ways to spend money online, this is not the best option for sports betting.

To start, some banks automatically reject any transactions related to sports betting because they are considered a higher risk by these institutions. While many banks have thrown this old rule out, plenty still have it in place.

Sportsbooks generally only accept a few types of cards. If you have Visa or Mastercard, it should be fine, but those with American Express, Discover, or lesser-known card types may have issues finding a compatible sportsbook.

If you plan on using a credit card, you need to know what fees you could incur. For example, some institutions consider transfers to a sportsbook to be cash advances, and they apply any additional fees relevant to those types of transactions.


PayNearMe is another way you can use cash to fund your sportsbook.

If your sportsbook accepts PayNearMe, it will offer it on the cashiering page, allowing you to choose an amount you want to deposit. Once you submit the deposit, the sportsbook supplies a payslip for you to save on your device or print out.

You take the payslip to a PayNearMe cashiering location. These are usually available at convenience stores or some pharmacies, and you should check availability before committing to this transaction.

At the retail location, you present the payslip. The cashier uses the information to confirm your transaction, and once it is complete, funds should be in your account in under an hour. PayNearMe fees range from free to up to $6.


PayWithMyBank is an online bank payment method that serves as a barrier between sportsbooks and your banking information, and with its recent merge with Trustly, you might see it more often.

If your sportsbook offers PayWithMyBank, Trustly, or any other bank payment method, you start by choosing that option from the cashier and enter the amount you want to deposit. After you submit your request, you get a secure page to enter your login information for your bank to complete the transaction.

Online bank payment methods are gaining popularity because they have proven to be an effective barrier to protect information like account numbers. However, most online bank payment methods do not save your information, which is a key difference between them and ACH transfers.

Banking options for withdrawal at AZ sites

When you go to your cashiering page, you will notice that there are fewer banking options available for withdrawals than deposits. This is normal, but knowing what is available is important for understanding your options.

Most sites will have the same options available for deposit and withdrawals if they can, and there are a few other ways to access your funds offline.

AZ withdrawals online

While you have plenty of ways to withdraw funds online, there are fewer available than deposit methods. This list includes:

  • E-wallets, like PayPal, Skrill, and Neteller
  • Play+ cards
  • ACH transfers
  • Online bank payments

Some sportsbooks give you the option to withdraw your winnings in the form of prizes, usually gift cards. While gift cards limit what you can do with the money, they are usually available immediately, and you can get more than the amount you withdraw.

This means that you could easily turn a $75 withdrawal into a $100 gift card. Prize withdrawals are useful if you know that you will use the gift card.

Withdrawing with a check or cash

Sportsbooks usually allow you to request a physical check be sent to you, though this takes more time for processing. Depending on where you live, expect these checks to get to you in 5 to 10 mailing days at the most.

If you are close to a retail betting location, then you likely have the option to withdraw through cash at the cage. Sportsbooks that offer this may have you start the transaction on the cashier page on your app, or you can go to the teller at the retail location with your account information. Cash at the cage lets you access your winnings immediately.

Which banking methods are fastest?

Banks are working on making instant transactions a more universal experience, but handling money still requires some processing time to ensure proper security takes place.

If you need funds put into or taken out of your account promptly, then there are a few options you should stick to for the fastest processing times.

Fastest for AZ deposits

Getting money into your betting account fast might be essential for placing last-minute bets. If you need to do this, then focus on deposit methods that you have used before; now is not the time to try something new.

Avoid card transactions because these are the most likely to be shot down unless you are working with a sportsbook branded Play+ card.

If you do not have a Play+ account with your sportsbook, your best options include:

  • E-wallets
  • ACH transfers
  • Online bank payments

If you can get to a retail location to deposit cash at the cage, that can also work, but generally, the extra time spent on travel counteracts your need for an immediate deposit.

Fastest for AZ withdrawals

Finding a fast withdrawal method is more difficult. The most surefire way to get the funds almost instantly is through cash at the cage, but this is not accessible for everyone. Because Play+ cards are linked to the bank account, the transfers are usually faster, but this is never a guarantee.

Most online options like e-wallets or ACH transfers process within 48 hours, but only Trustly states that it explicitly works with sportsbooks that cooperate in this time frame.

Using a withdrawal method that you have already made a deposit using can help boost your processing time.

Top sites with banking in ASZ

The sportsbooks listed below are licensed for operation in Arizona, and each one has a great variety of banking methods. Choosing one of these provides the extra security of state regulation and reputation, and they are the safest way to handle money for sports betting in the state.

BetMGM banking methods

  • Visa, Mastercard, American Express
  • BetMGM Play+ Card
  • ACH transfers
  • Wire transfers
  • PayPal
  • Skrill
  • Couriered check

Deposit minimum: $10

Withdrawal minimum: $20

DraftKings deposit and withdrawals

  • Visa, Mastercard,
  • DraftKings Play+ Card
  • DraftKings gift card
  • ACH transfers
  • Wire transfers
  • Online banking
  • PayPal

Deposit minimum: $5

Withdrawal minimum: $20

FanDuel banking options

FanDuel’s deposit minimum is $10, and you can bank using:

  • Credit or debit cards
  • FanDuel Play+ Card
  • ACH transfers
  • PayPal
  • Venmo
  • PayNearMe
  • Check

Deposit minimum: $10

Withdrawal minimum: $10

Barstool deposits and withdrawals

  • Visa, Mastercard, Discover
  • Barstool Sportsbook Play+ Card
  • ACH transfers
  • Wire transfers
  • Online banking
  • PayPal
  • PayNearMe
  • Check

Deposit minimum: $10

Withdrawal minimum: $10

Caesars Sportsbook banking options

  • Visa, Mastercard, Discover
  • Caesars Sportsbook Play+ Card
  • ACH transfers
  • Wire transfers
  • Online banking
  • PayPal
  • Skrill
  • PayNearMe

Deposit minimum: $10

Withdrawal minimum: $10

WynnBET Sportsbook banking methods

  • Visa, Mastercard
  • WynnBET Sportsbook Play+ Card
  • ACH transfers
  • PayPal

Deposit minimum: $10

Withdrawal minimum: $10

Unibet banking methods

  • Visa, Mastercard
  • PaySafeCard
  • ACH transfers
  • Online banking
  • Neteller
  • Skrill

Deposit minimum: $10

Withdrawal minimum: $10

Banking options AZ FAQ

Is it safe to transfer money online?

Transferring money online is safe when you are using secure websites, so using any of these banking options at AZ sports betting sites in conjunction with a licensed and regulated sportsbook offers you a secure way to transfer funds.

Do mobile betting apps offer more features for managing your sports betting funds?

Mobile betting apps offer the same features as websites for managing your funds, allowing you to make deposits and withdraw your winnings. The biggest difference between a mobile betting app and a website is that the application allows you to do this on the go.

Should I have a separate account for sports betting?

While you can have a separate account for sports betting, it is not usually necessary because your sportsbook funds are separate from your bank account, to begin with. However, having a separate account is useful if you are feeding money to and from multiple sportsbooks.

How can I manage my money responsibly?

Managing your money responsibly involves setting a budget for your betting that does not interfere with the funds needed for your responsibilities. Betting money is what is left over after you take care of business. You can use sportsbook features to set limits on bets and deposits to help with this.

Can I use more than one banking method with a sportsbook?

You can use more than one banking method with a sportsbook, but this is an easy way to get your finances mixed up. If you choose to use more than one banking method, make sure you have a surefire way of tracking your financial activity overall.