Banking options

First things first, let’s discuss the best deposits for sports betting in Missouri. As we’re sure you can imagine, countless exist. But we’re focusing our efforts on the most popular.

Debit and credit cards

For speed, convenience, and ease, your best options are debit or credit cards. The process is the same as when you buy a physical product online. Generally, only Mastercard and Visa are accepted. But some support American Express and Discover too. As for processing, it’s instant. Not to mention that Missouri online gambling sites don’t attach fees to these transactions.

PayNearMe

For those of you who want to deposit using physical cash, PayNearMe is perfect. It’s a secure way of depositing as you never need to share your bank account details.

The transactions process in less than an hour — surprisingly quick for a physical exchange. But sportsbooks might charge you up to $5.99 per transaction.

E-wallets (like Neteller)

There are loads of different e-wallets. Neteller is one of the most popular. It’s accepted at most sportsbooks for depositing. However, it’s worth checking before registering.

Play+

You enroll for Play+ through the betting site cashier. You can then make your first deposit and wait for the physical card in the mail.

Processing is instant, but the fees vary from cashier to cashier.

Wire transfer

For all you high rollers out there, wire transfers are the best banking option. However, you probably need to go to the bank before you can deposit large sums into a betting account.

Occasionally, banks charge up to $30 for wire transfer deposits. But, some sportsbooks cover this cost if your deposit amount is large enough.

Okay, onto the second step — getting to know the withdrawal methods.

ACH

Bank transfers are the easiest way to move money from your Missouri sportsbook account to your bank account. However, you must supply your account number and other information.

Check by mail

Processing withdrawals via check prolongs the result, but it’s still a viable option. However, it can take up to two weeks to complete.

PayPal

You must deposit using PayPal to withdraw to your account. However, it might be worth it in the long run, as the turnaround times are lightning-fast.

Skrill

Skrill withdrawals typically come with fees. But this largely depends on the Missouri sports betting site you’re using.

Prepaid card

Unlike PayPal, you don’t have to deposit with your prepaid card to withdraw to it. As a result, the processing times are usually relatively fast.

You know what to expect from the various deposit and withdrawal options available in the state. But that’s pretty useless if you don’t know where to apply this knowledge. So below, we’ll introduce you to the top four sportsbooks in the state.

Banking options at BetMGM

BetMGM accepts a whole host of popular deposit and withdrawal methods, including credit cards, PayPal, and instant bank transfers. However, all their withdrawals go through a three- to five-day review before release. The best part is they don’t charge any fees for their withdrawals.

Fanduel banking options

Fanduel’s minimum deposit is $10, with a maximum of $1,000 per transaction. You can choose a variety of methods, including PayNearMe, PayPal, and debit cards.

As for withdrawals, the minimum is $1, and the maximum shifts, depending on the withdrawal method you use. They recommend using the same for both depositing and withdrawing.

Deposit and withdrawal options at Draftkings

Draftkings doesn’t have a lot of options, but the ones they do have are easy to use. In fact, they’re one of the simplest Missouri sportsbooks to withdraw from. We regularly recommend Draftkings to beginners for this reason along with their great Missouri sportsbook bonus offers.

Caesars banking options

Caesars Sportsbook has worked very hard on its banking options. Now, it provides one of the most extensive deposit and withdrawal catalogs. And if you’re looking for a versatile sports market in Missouri, Caesars is a terrific way to go.