US Online Casinos: A Guide to Deposits and Withdrawals

A guide to online money management when playing at online casinos in the United States.
US Online Casinos: A Guide to Deposits and Withdrawals

Before entrusting your hard-earned cash with an online casino, it is worth thinking about a few things: How do I get my money on there? How do I get it off? How long will it take? And how does the casino take care of it, while it is there?

First off, here’s a list of banking methods that you are likely to find and some details about how they work.

Online Bank Transfer (ACH/e-check)

ACH is the Automated Clearing House Network and is responsible for processing electronic payments across the United States. It provides an incredibly secure way of transferring funds in and out of online casinos.

ACH is one of the most common banking methods you will come across on gaming sites. In 2018 alone, it processed over $51 trillion of payments.

Digital Wallets (PayPal, Skrill etc.)

These are third-party online payment providers, who act as an intermediary between your bank and the casino site. Also known as e-wallets, they are incredibly popular amongst players for a number of reasons.

Firstly, they are very safe. Digital wallets give you a single place to hold your banking details, so you never have to disclose them to the casino, and they use the most up to date security methods to encrypt your data.

E-wallets are also extremely fast. Typically, you can get funds in or out of your account in minutes, if not quicker. On top of this, they are convenient and easy to use.

Most casinos accept them for both deposits and withdrawals and as they hold your details, you never have to fill out online forms—transactions are completed with a couple of clicks.

The two main providers you will come across are Skrill and PayPal. Almost every online casino will offer one of these at least. Skrill and PayPal provide much the same kind of service but there are a few differences in the way they operate.

PayPal Skrill
No. of currencies 20 40
Charges for receiving money sending money
For verification User makes small deposit User makes small withdrawal
Languages supported Almost all major languages 7

If you wish to use a service like Skrill or PayPal for your digital transactions, simply sign up with your preferred provider and link your e-wallet to a bank account. It will only take a few minutes to register online, though it may take a day or two for your account to be verified.

Once verification has been completed, you will be able to deposit and withdraw, simply by selecting your digital wallet on the casino’s cashier page.

Prepayment Cards

Prepayment cards like Play+ and OneVanilla are handy way to fund gaming accounts and have become very popular. Some of the reasons for this are:

  • Security: prepayment cards do not need to be linked to a bank account, so you can deposit money without sharing any of your personal financial details.
  • Convenience: they require no credit checks, are widely available, and widely accepted.
  • Budgeting: prepayment cards are a great way of keeping your gaming bankroll separate from other money.

There are a couple of downsides to prepayment cards that are worth consideration. The first is that they do not generally have the ability to make withdrawals. The other is that they tend to incur high fees, so it is a good idea to check the small print for any costs before committing to one.

Credit or Debit Cards

Almost all real money gaming sites currently accept payments directly from credit or debit cards. However, some banks will not allow cards to be used at online casinos and some credit cards impose high charges for gambling sites, so players should check in advance before using them.

Cash with Retail Partner

This is ideal for anyone who does not want to share banking details online. Services such as PayNearMe and Vanilla Direct allow players to deposit into their accounts by paying in cash at participating local stores, for example 7-Eleven.

PayWithMyBank

Another method that allows players to make transactions without disclosing banking information. This function allows players to log into their bank from the casino site. This way, they are able to deposit funds without the casino storing their personal details.

Other Options

Some other deposit and withdrawal options are occasionally available. Some casinos offer electronic transfers from your online bank, via the bill pay function. Some also allow you make transactions from the cashier cage of a land-based casino partner.

Deposit and withdrawal options, state-by-state

New Jersey

New Jersey was one of the first states to regulate internet gaming and the first online casinos launched there in 2013. They continue to be popular, and to this day NJ’s online casinos generate more revenue than any other state.

Here is a list of some of the major NJ casinos, and the range of banking options you can find at them:

BetMGM NJ

The site originally launched as playMGM in 2018. It was rebranded as BetMGM in September 2019 and is one of the biggest online casinos in the state.

Payment Method Deposit Withdrawal
Bank Transfer (ACH) Yes Yes
Play+ Yes Yes
Visa/Mastercard Yes No
PayPal Yes Yes
Skrill Yes Yes
Electronic Transfer Yes No
PayNearMe Yes No
American Express Yes No
Discover Yes No
PayWithMyBank Yes Yes
Borgata Casino Cashier Yes Yes
Check by Mail No Yes

Borgata NJ

Borgata is the sister site of BetMGM and supports the same banking methods as above.

PokerStars Casino NJ

New Jersey was the first state PokerStars relaunched in after Black Friday. The online poker giant opened its online casino there in March 2016. As you would expect from such a well established brand, it offers a wide range of deposit and withdrawal methods.

Payment Method Deposits Withdrawals
Bank Transfer (ACH) Yes Yes
Visa Yes No
MasterCard Yes No
Play+ Yes Yes
PayPal Yes Yes
Skrill Yes Yes
PayNearMe Yes No
VanillaDirect Yes No
Resorts Casino Cage Yes Yes

Pennsylvania

PA is the most populous state so far to have regulated online gaming. The first casinos went live there in 2019. By revenue, Pennsylvania is one of the biggest states for online gaming, alongside New Jersey and Michigan.

BetMGM PA

BetMGM PA launched in December 2020 and quickly established itself as one of the big players in the Keystone State. It offers a fair selection of banking methods although withdrawal options are somewhat limited.

Payment Method Deposit Withdrawal
Bank Transfer (ACH) Yes Yes
Visa/Mastercard Yes No
PayNearMe Yes No
Discover Yes No
PayWithMyBank Yes Yes
Electronic Transfer Yes No
Mlife Mastercard Yes No

Borgata PA

Borgata is a very recent addition to Pennsylvania’s roster of online casinos. The site went live in February 2021. It has a good choice of

Payment Method Deposit Withdrawal
Bank Transfer (ACH) Yes Yes
Visa/Mastercard Yes No
Play+ Yes No
Paypal Yes No
PayNearMe Yes No
Discover Yes No
PayWithMyBank Yes Yes
Electronic Transfer Yes No
Check by mail No Yes

PokerStars Casino PA

Stars Casino launched in November 2019, along with its poker room and sportsbook. PokerStars has built up a rock-solid reputation over its 20 years and is one of the most trusted operators in the marketplace. It offers a great range of banking options for both deposits and withdrawals.

Payment Method Deposits Withdrawals
Bank Transfer (ACH) Yes Yes
Instant Bank Transfer Yes No
Visa Yes No
MasterCard Yes No
PayPal Yes Yes
Skrill Yes Yes
PayNearMe Yes No
VanillaDirect Yes No

Michigan

In the world of online casinos, Michigan is the new kid on the block. The first sites went live there in January 2021 but the state already generates one of the highest turnovers, rivalling Pennsylvania and Michigan for internet gaming revenue.

PokerStars Casino MI

Stars Casino launched in Michigan on January 29. It doesn’t yet have quite as many banking options as some of its sites in other states, but that is sure to change as time goes on.

Payment Method Deposits Withdrawals
Bank Transfer (ACH) Yes Yes
Visa Yes No
MasterCard Yes No
PayPal Yes Yes
Skrill Yes Yes
Paysafecard Yes No

BetMGM MI

In the short time since online gaming was regulated in Michigan, BetMGM has quickly established itself as the biggest operator by a large margin. It offers plenty of options for depositing but again, there is a far smaller choice when it comes to cashing out.

Payment Method Deposits Withdrawals
Bank Transfer (ACH) Yes Yes
Visa Yes No
MasterCard Yes No
Discover Yes No
PayPal Yes No
Play+ Yes No
Electronic Transfer Yes No
PayWithMyBank Yes Yes

BetRivers MI

BetRivers was one of the eight casinos that went live on day one —January 22, 2021. It has a good spread of deposit options, and almost as many for cashing out.

Method Deposit Withdrawal
Online Banking (ACH) Yes Yes
BetRivers Play+ Card Yes Yes
Cash at Casino Cage Yes Yes
Credit/Debit Card Yes No
Pay With Cash Yes No
Check by Mail No Yes

Delaware

Way back In 2012, Delaware was the first state to provide regulated online gaming. There are three Racinos that are licensed to offer casino games in the state: Harrington, Dover Downs, and Delaware Park. They all utilize 888’s casino software, and offer the same banking options, as follows:

Payment Method Deposit Withdrawal
Bank Transfer (ACH) Yes Yes
Visa Yes No
MasterCard Yes No

West Virginia

West Virginia has had regulated internet casinos since July 2020. It was the fourth state to legalize real money online gaming.

BetMGM WV was quick to launch in the state, opening its virtual doors in the first month of regulation. The options on offer are fairly standard for BetMGM, with decent options for getting funds on the site, but fewer for getting them off.

Payment Method Deposit Withdrawal
Bank Transfer (ACH) Yes Yes
Visa/Mastercard Yes No
PayNearMe Yes No
Discover Yes No
PayWithMyBank Yes Yes
Electronic Transfer Yes No

BetRivers WV

BetRivers is latest casino to live in West Virginia, launching in April 2021. It provides plenty of options for managing your funds.

Method Deposit Withdrawal
Bank Transfer (ACH) Yes Yes
PayPal Yes No
BetRivers Play+ Card Yes Yes
Cash at Casino Cage No Yes
Credit/Debit Card Yes No
Pay With Cash (Vanilla) Yes No
Check by Mail No Yes