Funding your sports betting account through eCheck deposits is fast and reliable. When you deposit money at a sportsbook through eCheck you are writing an electronic check. This method is faster than bank wires and paper checks. Withdrawals through eCheck are equally fast and easy. We recommend 5Dimes for eCheck deposits for the moment.
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U.S. sportsbooks have a tough time with eChecks though. Their eCheck processors seem to come and go on a regular basis. This can cause eCheck cashouts to be delayed. When a processor goes down most online sportsbooks temporarily remove eChecks from their deposit and withdrawal options so there is no way to predict which ones will have them from one week to the next. This article will explain how eChecks work, list the sportsbooks that are most likely to accept them and provide a list of convenient alternatives for U.S. players.
What Is An eCheck?
The eCheck deposit method should not be confused with bank wires. Bank wires can take up to a week while eCheck deposits are usually instant. People use eChecks on a regular basis and usually do not even realize it. Direct deposits and automatic bill-pay services through your checking account are both eChecks. Bank wires and eChecks differ in two ways. Bank wires are secure transfers from one bank to another. When you want to deposit or withdraw a significant amount of money this is the way to go. Echecks are secure, but not to the same extent as a bank wire. This is why there is usually a medium sized cap on eChecks. Echecks are the preferred method for small to medium sized deposits and cashouts.
Sportsbook eCheck Depositing Guide
Every sportsbook has their own policies for eCheck deposits. Usually when you make your first eCheck deposit at a sportsbook there will be a $100-$300 limit. Once several eCheck deposits have cleared, they will increase your daily and weekly limits. These limits are in place to protect the sportsbook from fraud. When you use eChecks to fund your account the sportsbook is trusting you to have the funds available in your checking account 2-3 days later. They want to offer a convenient deposit option for small to medium sized deposits, but doing so puts them at risk because they credit the money to you instantly. Once you have successfully funded your account though an eCheck you will be able to cashout the same way. It can take 5-10 days for the sportsbook to officially recognize that your deposit has cleared.
Sportsbooks That Accept eChecks
The mission of this web site is to provide useful and up-to-date information to our readers. Since eCheck sportsbooks can be sporadic at best I do not want to claim that any sportsbooks definitely accepts eCheck deposits when that could change next week. Instead, I will list the sportsbook that is most likely to have eChecks on their deposit and cashout list.
Bodog – Echecks are hit and miss at Bodog, but they are available to American players at least some of the time. Bodog is one of the world’s largest sportsbooks and they offer some of the best odds and prop bets available online. Bodog is also home to a medium sized poker room, horse betting and a casino. If eChecks are not available when you signup you can use credit cards, MyPayLinQ and Digital Pin. Bodog has a high acceptance rate for credit and debit card deposits. MyPayLinQ is an e-wallet like Paypal that is popular among U.S. sports bettors.
U.S. Friendly eCheck Alternatives
If you are having trouble funding your sportsbook account using credit cards there are some convenient alternatives that you can use. Below I have listed the top online sportsbook apart from Bodog and a great eCheck alternative players from the USA can use there.
Bookmaker – This sportsbook has a deposit method that is on par with eChecks in terms of ease of use and speed. iPoint is a deposit option that you can take advantage of using your cell phone and credit or debit card. You will just need to create an account, submit your credit card or checking account information and call or text their toll free number. Once that is complete the money will be placed in your iPoint account and from there you can fund your Bookmaker account with it. The entire process is very fast. The main problems some sports bettors run into is that their cell phone plan does not include international phone calls, even toll free ones.