For sports enthusiasts in Georgia, the season has started and is in full swing. From different sports and more, there is always a match-up and running up for the taking. Find out where to place your wagers on the matches of your preferred sports and what Georgia banking options you have available to fund your account.
Banking options for Georgia
Betting on sports in Georgia is simple. First, you just have to find a solid site. From there, you’ll have access to bonuses, tournaments, and more, taking advantage of your welcome bonus offer before you place your first bet.
Of course, one of the first things you have to do before you bet is to add some funds to your account, using one of your preferred accepted payment methods.
Below, we’ll highlight your options and introduce you to some of today’s hottest sites when it comes to all thing’s sports. Plus, find some tips and tricks on how you can increase your chances with each wager.
Best Georgia banking options
One key thing that all bettors have to do before they use their site to make their first sports bet is to add some funds to their account. To do that, they will have to use a payment method approved by the operator. Below, we’ll take a look at deposit methods, helping you decide which one is the best for you and your needs.
PayPal
PayPal is one of the most trusted payment options for sports bet deposits. They have a reputation for being swift to process, which is why most of the top ones in Georgia add them as an available payment method. In addition, PayPal never connects to bettor’s banking accounts, keeping all transactions safe.
When it comes to withdrawals, PayPal has the fastest processing times, usually processing instantly. So when you partake in online sports with PayPal, you’ll have access to your winnings fast, and rest assured that your information is secure.
- Fee: 0 fees! – Now you see why we like it!
- Processing time: Just a few clicks from the wallet to your account
Skrill
Skrill is another e-wallet that has scored a lot of attention from bettors and operators. They do have fees, but all processing is instant, and deposits are ready in just seconds. Skrill is a good choice but, expect to pay fees each time you withdraw funds from your wins.
- Fee: Deposits are about 1% to 6%, and withdraws come with a flat fee of %5.50
- Processing time: Instant
PaySafeCard
Instead of using debit or credit cards, bettors can use a PaySafeCard instead. It gives bettors a way to get access to their winnings and deposit more when they need to easily and without worry about their personal information.
The PaySafeCard also comes with a physical card that’s complete with a pin, allowing users to get access to their cash from an ATM. While there are a few more fees bundled up in the PaySafeCard than other methods, it’s a great alternative for bettors that want to keep their accounts and banking accounts separate.
- Fee: Monthly fee of $3 and inactivity fee of $2 after 2 years.
- Processing time: Instant in most cases but can take up to 3 business days.
Play+
For those that prefer to keep things away from their accounts, Play+ is a great option. To get started, all bettors have to do is create an account, using that account to deposit and withdraw from the provider of their choice. In addition, play+ offers users a physical card, which makes it simple to use funds directly from the account.
- Fee: 0 fees for deposits and withdrawals. Other fees apply and depend on the transaction.
- Processing time: Instant
ACH (VIP preferred)
VIP Preferred is an ACH e-check option that’s the perfect financial companion to betting on sports online. Linking it directly to your banking account allows users to add funds and withdraw directly from the bank account, all without ever having to connect the two.
In addition, VIP Preferred is simple to use and quick, allowing bettors to get access to their funds in no time.
- Fee: No fees
- Processing time: Instant deposits and fast withdrawals (1-3 business days).
Credit/debit cards (Visa, Mastercard, AMEX, Discover)
Using a debit or credit card is not as complicated as it used to be. For example, when making a deposit on a site that accepts debit and credit cards, funds hit the account instantly, ready for use to bet on all kinds of sports matches. However, processing can take some time for GA sportsbooks debit card withdrawal options, typically 1-3 days.
- Fee: Mostly no fees unless otherwise specified by your chosen one
- Processing time: Instant in most cases (withdrawals can take up to 3 days)
PayNearMe
PayNearMe is a great option for those who don’t want their account to have any ties to banking information. Instead of using a card or some form of online wallet, bettors can fund their account by receiving a payslip and taking their cash to any participating location. Not everyone likes to bank online, and PayNearMe is a solid alternative.
- Fee: Fees per transaction range from $0 to $5.99
- Processing time: Deposits are less than an hour (no withdrawals)
Neteller
Neteller is another e-wallet choice that bettors can take advantage of. They do have fees, unlike PayPal, however, they are much lower than those coming from Skrill. So if you’re looking for an alternative way to pay that isn’t attached to your bank account, Neteller is a solid choice.
- Fee: 2.5% of your deposit
- Processing time: Instant
Trustly (PayWithMyBank)
For secure online deposits and withdrawals, Trustly is the place to go. With PayWithMyBank, bettors have the option of using Trustly as a way to use funds from their banking account without ever having to connect their banking information. It keeps bettor’s information safe and adds an extra layer of security to funding online accounts.
- Fee: 1.5%
- Processing time: Mostly instant but can take up to 2 business days.
Top Georgia state banking options
Getting your account set up and ready to use takes adding some funds. When choosing a GA online sports betting site, it’s important to note the types of payment options they have available, making sure that the one that you choose offers your preferred payment option.
Below, we’ve got some of the best ones, along with a look at the payment methods they offer.
DraftKings banking options
DraftKings is one of the most popular sports betting site. They offer a ton of sports matches and have one of the largest fantasy sports platforms on the web. Their popularity is part of the reason why they have a long list of payment options for casino withdrawals and deposits, which include:
- Credit and debit cards
- PayPal
- PayNearMe
- E-checks
- DraftKings gift card
FanDuel banking options available
For a fun and interactive platform for sports betting, FanDuel is a solid option. They offer head-to-head tournaments between bettors, lots of sports matches for betting, and bonuses and promos for both new and loyal bettors. Their banking options for deposits include:
- PayPal
- Online bank transfers
- Debit and credit cards
BetMGM banking options
BetMGM has been around for decades, making a name for itself as one of the most trustworthy casinos on the web. They offer competitive odds for the most anticipated matches and even have a loyalty program for bettors that keep coming back for more. The offer deposits and rapid withdrawals with the following payment methods:
- E-checks
- Debit and credit cards
- PayNearMe
- Skrill
- Play+
Caesar’s banking
Caesar’s is another classic casino on the list, around since way before online sports betting became a thing. Throughout their years in the game, they have streamlined sports, making it quick and easy for sports fans. With the downloadable app, bettors can log in and make deposits, and process withdrawals with the following methods:
- PayPal
- PayNearMe
- Debit and credit cards
- VIP Preferred
- Online banking
How to choose the banking options for betting in Georgia
As you can see, there are lots of options when it comes to adding and withdrawing funds from your online account. It might seem like a lot to sift through but having options is a good thing. Below, we’ll walk you through some key things to consider for choosing the best one for you to get the most out of your experience.
Your current financial setup
If you do a lot of online shopping or perhaps are signed up with casinos on the web, you likely have a preferred payment method. If you do, then it’s simple, stick with what you know works. If not, then you’ll need to take some time to assess your options.
Check the fees
One of the biggest differences between payment options is the fees. Some payment methods have fees while others don’t. Some only add fees to withdrawals and allow fee-free deposits. Whatever the case is, make sure you find out what kinds of fees each payment method is charging to know what you can expect before going with that one.
Processing times
Processing times are also different between payment methods, which can put a damper on your plans if you’re constantly having to wait. While most deposits are instant, it’s the withdrawals that can take some time. So if you’re looking for the fastest, e-wallets like PayPal and Skrill are usually the best option.
The security
Not only is it about getting your money fast when searching for payment options. It’s also about keeping your information safe. Always be sure to check for security measures, making sure that the payment method you choose doesn’t link your banking information or any other sensitive information that could result in identity theft.
Assess and choose
Comparing based on the features above, you should be able to filter out those that don’t meet your criteria. Then, you can narrow choices down in any way you choose, going with the payment method that fits your financial needs best. If you’re still unsure, why not select a few and try them out before choosing only one?
Georgia banking options FAQs
What is the fastest paying online site?
The quickness of payouts from sportsbooks depends on the payment method you’re using. Most of the time, the fastest payout type is an e-wallet, which most of today’s top ones have as a payment option. Try out PayPal or Skrill if you don’t already have an account, as it takes seconds, you can get a fee for instant payouts.
Is depositing online safe?
Yes, though you have to be careful when choosing. Make sure that the provider you choose is safe and has encrypted payment systems in place. Also, be sure that they are governed and licensed, avoiding any unsafe ones.
Can I deposit funds with cash?
Yes, you can. Look for providers that offer PayNearMe as a payment option. When you find one, simply request a slip and find a participating location. Then, you can visit it along with your slip and pay with cash to get funds online.
Is using a debit card safe for online?
Yes, it is, as long as you’re using a certified safe payment option. Check that the site you choose has an encrypted payment processing system and that they take additional measures to keep your information safe. All of the mentioned ones that we recommended are safe and secure, allowing you to pay and withdraw with confidence.
How long do withdrawals take to process?
That just depends on the payment method you choose. Most of the time, e-wallets are the fastest, hitting your account instantly. However, some debit and credit card withdrawals also process rapidly, taking anywhere between 1 to 3 days to process.