Making deposits and withdrawals is a speedy, seamless and safe process at regulated PA online gambling sites. With the industry now legal, well-known and trusted payment processors can be utilized in order to make lightning fast deposits and cashouts via a wide array of methods. Below we break down all of your available options and highlight our favorites.
PA Casino & Sportsbooks with fast banking
PA online gambling deposit options
When neighboring New Jersey first launched online casinos back in 2013 there were a few hiccups, as payment processors were not set up for gambling transactions. Thankfully, the kinks have since been worked out, and when online casinos and sportsbooks hit the PA market, it was nothing but smooth sailing.
Lets just jump in and take a closer look at all the available deposit methods in the PA sports betting, PA online casinos, and online poker gambling markets. Keep in mind that while the majority of options below are available at all PA sites, some might be excluded.
Instant transfer from checking accounts
- ACH transfer: ACH transfers, also referred to as eChecks, are the preferred option for bettors with checking accounts, as they feature solid limits and easy transactions. Many casino and sportsbook operators have this listed as VIP Preferred, an ACH service offered by the Global Payments company (a common partner for online gambling sites.) With ACH transfers, funds are available instantly, although may not be taken from your bank right away. Sometimes also referred to as eChecks, this option tends to be among the most common depositing options used, and is available on every site.
- Online bill pay: This is another common checking option and is nearly as good as an ACH transfer, pending you have activated the feature with your bank (many but not all offer it). Transactions may or may not be slower than eChecks.
Best bet? We have to go with ACH transfers on this one, as they generally allow for higher limits and are quickly processed via an experienced payment processor in the gambling industry. Not only that, but online banking transfers require you to login to your bank via a portal from the online gambling site. It’s not the biggest hassle, but players will notice those few extra keystrokes compared to ACH transfers, which simply require that they enter their account info exactly once.
- Credit or debit card: Credit card transactions are offered by all sites, though generally limited only to Visa or MasterCard and the occasional Discover Card. Deposits are still easy and electronic, though may be subject to a tighter limit than checking transfers. Also, in some cases, use of credit/debit cards may be blocked by your particular bank, but most banks have updated their systems by now to allow for gambling transactions in regulated environments.
- Prepaid card: Every PA online gambling site offers its own branded prepaid card, usually provided by Play+. Money is transferred by other means onto the card (usually via a checking account or debit card), and from there to your site account. This method can be used as a backup if your credit card deposit gets rejected. You don’t even need to receive your physical prepaid card in order to use it, you just need to sign up an account online.
Best bet? This is all a matter of preference. On one hand credit/debit cards are a one step process, but can not be used to withdrawal funds. This means you will need to set up a second method to withdrawal money. On the other hand, prepaid cards can be used for both deposits and withdrawals, are instant, but can come with up to a $2 fee when transferring money from the card directly to your bank account. You can also take the money out at any ATM, possibly making this the fastest of all the withdrawal methods.
- PayPal: The most popular eWallet in the U.S., PayPal was not initially a deposit option when online casinos began launching in NJ, much to the detriment of the industry. After spreading slowly, PayPal is now nearly everywhere in both PA and NJ. Transfers are fast and limits tend to be high, making this by far the easiest option for existing PayPal users. One small limitation is that the email on your PayPal account should match the one used on the casino or sportsbook account.
- Skrill: Skrill is another eWallet option that can be used as an alternative to PayPal. It’s not a great one though, as almost every transaction carries fees, unlike PayPal.
Best bet? PayPal and it’s not even close, that is, unless you’re trying to get a whopping amount of money (more than $5,000) onto an online gambling site all at once. Most aren’t.
Most online gambling sites have it so a secure PayPal portal is opened directly via the depositing interface, from which players will have to click exactly twice before completing their fee-free transaction. Funds are then loaded instantaneously to the online sportsbook or gambling site. Convenient.
PayPal is also known for its fast turnarounds on withdrawal requests. On many sites, it’s gotten to the point where players that withdraw via PayPal can expect their money is as little as one business day, sometimes instantly.
Admittedly, PayPal isn’t perfect in that players cannot use funds that were deposited to PayPal via credit card (to discourage money laundering), and that they must use a personal account that is preferably tied to the same email address as their sports wagering or iGaming account. But these are very minor quibbles in the grand scheme of things.
- PayNearMe: Gamblers that prefer to keep their banking information offline, will be happy to know that there is usually a local cash-in-hand option. After setting up a PayNearMe deposit, the player simply travels to a convenient location (usually the nearest 7-Eleven store, though CVS and Family Dollar is also common) and provides an authorization code (printed or on smartphone) and the proper amount of cash to the retail clerk. This method typically has a limit of $500 a day.
- Cash at the cage: In the case of players who happen to be at or near a brick-and-mortar casino or sportsbook, a visit to the cashiers cage will allow you to instantly transfer cash money (or check, or plastic) with practically no limit. This is the least physically convenient option, except when it isn’t.
Best bet? We’ll go with the cop-out answer and say “it depends.” Fact is, most of Pennsylvania’s casinos are located in the main population centers of Philadelphia, Pittsburgh, and the Poconos, meaning that a large portion of the state’s population live within striking distance of a casino cage. Not to mention, casino cages also allow for higher deposits than PayNearMe and allow for withdrawals. If you use PayNearMe, you will also need to use the cage option or set up another banking method to make withdrawals.
On the flip side, eligible PayNearMe locations are spread all throughout the eastern part of Pennsylvania, so for some, it will prove the more convenient option. Those who live in Western PA, however, will be largely out of luck.
The above options will suffice for nearly all cases, but under rare circumstances where none are suitable a player can sometimes use wire transfers or mailed paper checks. These alternative methods can be expected to be slower and more complicated to arrange. Checks will be extremely slow, and wire transfers often subject to serious fees.
Not every method for depositing your money is also suitable for collecting your winnings. To transfer money back out of your account, players are usually limited to:
- ACH transfer (VIP Preferred)
- Prepaid Card
- Cashier’s Cage
- Paper check issued to the player by mail.
Of these, ACH eChecks and PayPal are very convenient. Though occasionally subject to small delays (we’re talking a day or two), the turnaround is usually lightning quick. Skrill is subject to high fees, and a slow turnaround time.
An important caveat here is that typically an electronic withdrawal method is only allowed if you previously used that same method to deposit your money. If you used a method not listed above or your original option is no longer suitable, expect to have to request a paper check by mail.
Also, players will typically have to verify their withdrawal method before utilizing it. This usually entails uploading a copy of your driver’s license, banking statement, PayPal statement, or other relevant document onto the online gambling or sports betting site. Gambling operators will only ask you to do this the first time you withdraw via a selected method; all subsequent withdrawal requests will be handled without any hangups.
PA online banking FAQs
All deposit methods are instant, with the exclusion of bank wires, and Cash at the Casino cage and PayNearMe which can take up to 15 minutes. We prefer ACH eChecks (VIP Preferred) for fast deposits and withdrawals.
Be certain you are using a personal account, PayPal Business or Premier accounts will not be allowed. Also, confirm that your e-mail address and user information is consistent between your PayPal and your casino/sportsbook account information.
It’s also plausible that you hit your daily, weekly, or monthly deposit limit. Check with the gambling site to see what these limits are. In some cases, you can request higher limits.
If you are ready to cash out, be prepared with additional personal information as the operator is likely to be extra cautious about money that leaves its hands. You may need to upload identifying documentation, such as a scanned photo ID or a pdf of a bank statement (commonly needed for ACH withdrawal). Fortunately, these requirements are a one-time situation, and future withdrawals should go even more smoothly.
If you really need a withdrawal processed quickly, ask support to see if they can hurry things up. We’ve tried this and at times, it works, with the online gambling site processing our request almost immediately. Of course, we still had to wait for the funds to hit our accounts, but that only took a day or two, at most.
Typically minimum deposits via most methods are $10, but DraftKings has only a $5 minimum.
Generally, though, new users will want to make larger deposits to take advantage of our first-time deposit promotions.
Generally, strict limits are set by your bank or credit card company, not the casino or sportsbook. However, if you contact live support for the gambling site a customer service representative can often authorize combining two deposits via different methods (as long as you haven’t started betting the money already).
Absolutely not. All regulated PA sites must comply with strict oversight by the PGCB, the body which govers the state’s offline and online gambling sites. Illegal offshore operators on the other hand can do whatever they like with your money, including delay cashouts for no good reason, charge exorbitant fees, or not pay you altogether.
Yes, PA gambling sites make it easy for players to limit their deposits and play in many different ways. Players can even exclude themselves from gambling online altogether.
Yes, use PayPal instead. Do note, that online gambling sites never charge payment processing fees, which can’t be said about illegal offshore sites. Instead, the fees come from the issuing bank or third-party processor.
Whenever possible, try to utilize a method that doesn’t charge fees, like PayPal, ACH, or the prepaid card option, first.