Sports Betting Payouts

A majority of all sports bettors want to know how there going to get paid once they win? Most sportsbooks offer very fast and secure ways on getting paid from your action. Some of these methods include bank wire, check, or western union. The goal from all gambling sites is to show You how fast they can pay You once you win, with so many competitors online they do not want to lose your business to another sportsbook.

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To withdraw money from your account, most sports betting sites require you at least once to fax or scan and email them a copy of your drivers license to insure it’s you requesting the payout. Here is a guide of payout options available at most sportsbooks.

Western Union/Money Gram/Cash Transfer Services

This is probably the quickest and easiest way to withdraw money from online betting websites. The fees associated to withdraw this way are high, usually You should not ask for a payout in this form unless your in quick need for the cash.

Bank Wire Payouts

I always recommend a player to withdraw via bank wire. This happens to be one of the safest and most effective ways to cash out online. The fees associated with cashing out online is very little usually around $15 bucks. I have noticed very few restrictions as well on this method. Usually all that is required to receive a payout from a sports betting site into your bank account is the bank account information like your routing number,bank account number, and the bank address.

Check

Another great way to get paid is in the form of a check, these tend to take a bit longer up to 10 business days to hit your door. The cost involved with requesting a check can vary from Free all the way up to $50. Also another great option about requesting a check is the option to expedite it. If You decide to choose a courier check You should receive the check within a few days. You are entitled to do so but remember You will also have to pay the fees for that service.

Gold-Pay

This is a new form of payment at online sportsbook sites. Basically this option is a benefit to the sportsbook and the player alike. It’s sorta like an online bank account but is funded in Gold value. You can request cash for your gold at any time and have it at your doorstep in a timely fashion. The fees involved with Gold-pay is currently only 2% of the withdraw. If your requesting a large withdraw this option could get expensive fast. You can also deposit back into your sportsbook using the same method.

Credit Card

If You have deposited previously into your online betting site account with a credit card you now have the option to simply have the funds transferred back onto your card. This could save you from having to pay your credit card payment and gives you the benefit of having to worry about that bill.

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