Banking options

BetMGM

• Deposits: ACH/e-check; BetMGM online Play+; credit card, including Mastercard, Visa, or American Express; online banking transfer; PayNearMe; PayPal; Skrill; VIP Preferred
• Withdrawals: ACH/e-check; BetMGM online Play+; check by mail; PayPal; Skrill

Draftkings

• Deposits: Credit card; debit card; bank transfer; Play+ Prepaid; PayPal; PayNearMe (7-Eleven, Family Dollar, CVS)
• Withdrawals: Check; PayPal; ACH

Fanduel

• Deposits: Credit and debit card — Mastercard or Visa; Fanduel prepaid card; PayPal; ACH/e-check; PayNearMe (7-Eleven, Family Dollar, CVS); online bank transfer; wire transfer; check
• Withdrawals: ACH/e-check; Fanduel prepaid card; PayPal; check

Caesars

• Deposits: ACH/e-check; Caesars prepaid card/credit or debit card, including Mastercard or Visa; Neteller; online bank transfer; PayNearMe (7-Eleven, Family Dollar, CVS); PayPal
• Withdrawals: ACH/e-check; Caesars prepaid card; PayPal; Neteller

The best deposit option is the one that is most convenient to you as the bettor, but there are some that generally stand out from the crowd of options.

ACH/e-check

If you have any type of checking account, ACH (frequently referred to as instant e-check) is a solid way to go. It works incredibly fast. Another plus: It’s among the most widely accepted sports betting site deposit options, with a very high acceptance rate for transactions.

Credit/debit cards

Credit and debit cards are easy to use, and you don’t have to worry about working with a third-party service. The cards accepted by most sports betting sites in Missouri are the ones most commonly held by bettors, including American Express, Visa, and Mastercard.

e-wallets

Using e-wallets on betting sites will be familiar to those who use e-wallet options for their everyday purchases. You can store multiple bank accounts on them and move money around easily.

You won’t have to plug in banking information. E-wallets like PayPal, Neteller, and Skrill also boast fast transaction times and are backed by advanced security measures.

Neteller, PayPal, and Skrill, as well as other e-wallets, tend to be the best way to go for fast withdrawals either on Missouri sportsbook platforms or their apps. Additionally, same-day cashouts are most commonly assured through e-wallets.

The processing time is also usually instant when you make withdrawals through prepaid cards. For example, ACH/e-check withdrawals average about one to two days.

Safe online banking for sports betting in Missouri

When exploring the different sports betting sites, be sure to look for any information provided on their security measures, especially when it comes to using online betting slips and making withdrawals.

The sports betting site should include information that they are approved and regulated to operate in the state, and the sites should have multiple encryption measures in place to protect you and your cash.

To make sure you’re on an encryption connection on a sports betting site, look for a secure socket layer (SSL) certificate and the padlock symbol before the website address in your browser.

Even the most reliable and fastest deposit and withdrawal options on Missouri sports betting sites have positives and negatives. Here are a few to be aware of when choosing your banking methods.

ACH/e-check

• Pros: Fast, widely accepted, high limits, high transaction acceptance rates.
• Cons: Bettors need to have a bank account that is from an institution that the sports betting site accepts.

Credit and debit cards

• Pros: Easy to use, no need to go through a third party, secure.
• Cons: Processing times can lag, lower deposit limits, not all credit cards are accepted.

e-wallets

• Pros: Secure, short processing times, no need to enter banking information.
• Cons: Not all e-wallet companies are accepted by sports betting sites, some companies have high transaction fees.

Prepaid cards

• Pros: Commonly accepted, you can withdraw winnings from an ATM, short wait time for a physical card.
• Cons: Low monthly limits, most follow specific rules from the operator who issued the card.