When it comes to finding the most privacy-respecting depositing method, prepaid gift cards have to be up there at the top of the list. Although not the most traditional payment method, especially in the online scene, gift cards are gaining popularity in the sports betting scene.
Online sportsbooks constantly strive to simplify payment processes, making these prepaid cards more accessible to bettors. Consequently, sports betting-related gift cards are on the rise, providing convenient options for bettors, especially in the US.
So, right now, most major online sportsbooks provide at least one prepaid card depositing option for their customers. Some operators have taken things even further by issuing branded gift cards, which can be found and bought from various retail outlets, grocery stores, gas stations, and pharmacies.
The whole process begins by purchasing a gift card from a local retailer and then redeeming it at an online sportsbook, much like a standard Visa card. Therefore, such prepaid gift cards provide a practical deposit option for bettors who prefer using physical cash or want to maintain their financial privacy.
However, it is essential to select the appropriate card brand since not all prepaid gift cards support online sportsbook transactions. Some may even block such transactions altogether, so bettors must always choose the right brand to guarantee a successful deposit.
For example, in Europe, Paysafecards are a familiar payment method for these types of prepaid card deposits. However, they are not widely used or even available on US betting sites, which is exactly why bettors must always double-check which kind of gift cards their preferred sportsbook allows before purchasing such items.
So, let us delve deeper into the subject to analyze the biggest US sports betting operators that accept prepaid gift cards and, in addition, what bettors need to know about depositing money in their accounts with them.
It is no surprise that a major sportsbook operator such as DraftKings has branded prepaid cards that the bettors can buy US-wide. At this moment, these gift cards can be purchased only in increments of $25 and $50, but the cards are free to be used in sports betting, DFS, and casino games, depending on the gambling legislation of the state in question.
Each DraftKings gift card has a scratchable label on the back, which includes the card number and all the needed information to fund your account using the card. Therefore, the card itself is useless once the deposit is made with the provided redemption information, as these scratched details hold all the value here.
DraftKings gift cards can be found in multiple retail outlets and convenience stores in the US, including 7-Elevens, Walmarts, Speedways, and CVS.
Go to your nearby retail store and buy a DraftKings branded gift card in person.
Scratch off the back label from the card.
Log in to your DraftKings account and proceed to the cashier to make a deposit.
Choose "DraftKings gift card" as the form of payment.
Input the card number and all additional details found under the scratchable back label to complete the deposit.
DraftKings gift cards are allowed in AZ, CO, IN, KS, LA, MD, MI, NH, NJ, NY, OR, PA, VA, WV and WY.
Gift cards are not allowed in CT, IL, IA, OH, or TN.
You can make deposits with gift cards in all the states where DFS is legal, except in CT, IL, IA, OH, or TN.
Gift cards can be used for payments to casinos in MI, NJ, PA, and WV.
In CT, the use of gift cards for casino payments is prohibited.
The other top US sportsbook offering branded gift cards for the bettors is BetMGM. All in all, these prepaid cards work very similarly to DraftKings cards, and they are available basically in the very same retail locations.
However, in BetMGM's case, each gift card also includes a $10 deposit bonus, so when purchasing a $50 prepaid card and depositing the whole amount, the bettor can start wagering with a total of $60 bankroll. According to the terms and conditions on BetMGM's website, this bonus amount should appear on your user account automatically after the deposit is successfully made.
The bonus will expire after seven days, and the offered bonus amount holds a 5X wagering requirement in sports betting and a 15x requirement on casino games.
Visit a retail location near you and purchase the branded BetMGM gift card valued at $25 or $50.
Log in to your BETMGM used account, go to the "Cashier" tab and select the "Deposit" option.
Select the "TAPPP" deposit option by clicking the TAPPP logo/icon.
Enter the 10-character PIN found on the back of the gift card to the respective field.
Click "Redeem and Continue."
Now, BetMGM will show you both the gift card voucher amount and the bonus amount. To proceed and finish with the payment, click "Deposit now."
The deposited funds (and the additional bonus) should now be available on your user account.
In addition to the regular prepaid gift cards, BetMGM also offers parlay boost cards that can be purchased similarly from over 6,000 locations US-wide, such as convenience stores and gas stations.
You can deposit with a parlay boost card in the same way as with the regular gift cards, but in this case, you'll receive a 15% parlay boost token, which can be found in your accounts promotion tab. Once claimed, this boost token can be used in a maximum of $10 parlay with a minimum of three legs and odds of at least +400. If the boosted parlay wager wins, you'll receive a 15% extra payout in cash.
Bettors can purchase as many BetMGM parlay boost gift cards as they please, but they can be redeemed only once per day.
On the contrary to DraftKings and BetMGM, Fanduel has yet to issue its branded gift cards to be used in depositing. The major sportsbook has, however, some prepaid card options for funding the account, as Game On cards, as well as the Play+ payment option, are both available for Fanduel users.
From these options, Game On cards work similarly to the branded cards of BetMGM and DraftKings, but these work with several different sportsbook brands in the US.
Like many other US betting operators, Fanduel also allows using Play+ prepaid cards for payments. With this option, however, the bettor must sign up for a Play+ account online to receive the physical Play Plus card that can be used for payments on betting sites and apps. You can read more detailed information about Game On gift cards and Play+ payments later in this text piece.
As a global sports betting operator, Bet365 has allowed Paysafecard payments in multiple countries, including Finland, Ireland, Sweden, Switzerland, and the UK. This same method is now also available in New Jersey, which means that bettors can purchase a Paysafecard from, for example, grocery stores and use the 16-digit code it has to fund their Bet365 online.
Additionally, Caesars Sportsbook branded Rewards Gift Cards, but these bad boys only work in retail sportsbook establishments for in-person sports betting.
As said earlier, there is a possibility to make a deposit using prepaid cards on most US sports betting sites, as Game On gift cards are designed precisely for this activity. The main idea is the same as with the branded gift card options: bettors can purchase Game On cards in person from thousands of different retail stores, gas stations, etc., and use them to fund their sportsbook accounts privately.
However, in addition to the in-person option, the bettors can also purchase these Game On cards online at GetGameOn.com, giving the sports betting enthusiasts an even more straightforward way to fund their accounts privately with guaranteed acceptance every time. When acquiring Game On gift cards online, the buyer also has a chance to select another recipient if the card is supposed to work as a gift. Doing this, the selected recipient will receive an email giving all the necessary details regarding redeeming their Game On gift card.
Game On gift cards are available in increments of $25, $50, $75, $100, $250, and $500, so the selection is much broader than the branded prepaid card options. Every Game On purchase also includes a one-off activation fee of $5.95. Each deposited amount is always deducted from your Game On card's balance, so you can make multiple payments to many different online sportsbooks with the same card if you wish.
The Game On cards are, however, not reloadable, so once all the value is used from the gift card, the card itself should be destroyed and disposed of.
Buy a Game On gift card online (at getgameon.com) or visit your nearby retailer that sells these cards.
Log in to an online betting site that accepts deposits with Game On cards. All the operators that accept Game On payments are showcased on the front of each gift card.
Go to the "Cashier" section and select the "credit card" payment method.
Enter the 16-digit card number and CVV code from the back of the Game On card and confirm the deposit.
There are currently seven different sportsbook brands that allow the use of Game On gift cards for depositing, and each has its own state-by-state restrictions regarding these payments.
DraftKings: AZ, CO, IN, KS, LA, MD, MI, NJ, NY, OH, PA, VA, WV, WY
FanDuel: AZ, CO, IN, KS, LA, MD, MI, NJ, NY, OH, PA, VA, WV, WY
BetMGM: AZ, CO, IN, KS, LA, MD, MI, NJ, NY, OH, VA, WV, WY
BetRivers: AZ, CO, IN, LA, MD, MI, NY, OH, PA, VA
Hard Rock Sportsbook: NJ
BetParx: NJ and PA
When talking about prepaid card deposits, the Play+, or "PlayPlus," payment method has to be mentioned. This method combines elements from prepaid cards and e-wallets, so while there may be more straightforward ways to fund your sportsbook account, it is definitely super convenient if you make a bit of an effort first.
This effort means that each bettor must first sign up for a PlayPlus account, and once this step is taken, all signed customers also receive a physical Play+ card, which is linked to the respective online account. Therefore, each bettor can transfer funds to their PlayPlus accounts and use the Play+ card for depositing to online sportsbooks, withdraw cash from the account at ATMs, or even shop in any locations that accept Discover.
Play+ cards are also prepaid by nature, but in this case, you must fund the card yourself utilizing the online PlayPlus account. This move allows bettors to avoid any restrictions their banks may have placed on gambling-related payments. In addition, as Play+ serves as a prepaid debit card, bettors can't overspend in placing wagers.
Also, in contrast to actual prepaid gift cards, withdrawals are also possible with the Play+ payment method. In fact, online sportsbook operators typically pay the winnings to PlayPlus accounts relatively swiftly compared to other payment options.
Everyone who has not been in a coma, in a cave, for the last 50 years or so has undoubtedly heard about these two corporate giants operating in the payment card services sector. Mastercard and Visa are the market leaders, especially in the traditional payment transaction world, and their branded debit and credit cards are used in every corner of the earth for every activity imaginable, including sports betting and online gambling.
However, these two massive corporations also provide branded prepaid gift cards, which can be used for funding sportsbook accounts. The rule of thumb here is that if the sportsbook allows regular debit or credit card deposits, Visa and Mastercard gift cards should also be accepted for account funding.
These Visa and Mastercard prepaid gift cards can be easily purchased in multiple online shops, where you can also define the gift card value yourself, usually from the $10 - $500 range. Therefore, using these prepaid gift cards for depositing reduces the risk of overspending very well, as the gift card value works as the total budget for sports betting purposes.
Prepaid gift cards are actually an extremely safe payment option. When using them, you do not have to reveal your banking information to the sportsbook, which means that rare but possible security breaches do not really affect you.
Depositing with gift cards is very easy, as usually, you just need to scratch the back label from the prepaid card and use the card number or PIN to confirm and finish the deposit.
Unfortunately, no, as prepaid gift cards are always disposable and provide only a one-way deposit method. Therefore, to withdraw your winnings after using a gift card, bettors must always choose an alternative payment option.
Only limited sportsbook operators offer branded gift cards for the bettors, but most sports betting operators allow deposits with general prepaid options, such as Game On cards or PlayPlus.
Every deposit made with a prepaid card is usually immediate. Therefore, after the gift card is redeemed and payment is confirmed, the deposited amount is instantly credited to the user's sportsbook account.
No, as prepaid gift cards are always physical entities, they really do not require any mobile apps. Even prepaid e-cards can be used without any applications.