Visa Sports Betting Sites

As one of the major credit cards, Visa is a great way to deposit and start your sports betting immediately. The major sportsbooks process Visa deposits instantly and safely for free. Some banks will charge fees if the transaction is considered a cash advance. Read more about the best Visa sports betting sites, how to avoid fees, and how to make a deposit below.

With more states legalizing sports gambling, make sure you know how to properly fund your account. The following sportsbooks accept Visa debit and credit card deposits. Select your state to see all available licensed sports betting providers.

Sports Betting Sites that Accept Visa

Visa Sports Betting Sites
BOOK
Bonus
BetRivers Sportsbook#1 BetRivers
REVIEW
$250 Bonus - 100% Match on First Deposit - Code: 250MATCH
Bet Now
21+ Playable in VA only
Gambling Problem? Call 1-888-532-3500
BetMGM Sportsbook#2 BetMGM
REVIEW
New Customers - Risk-Free First Bet Up to $1000
Bet Now
21+ Playable in VA only
Gambling Problem? Call 1-888-532-3500

Chapters

  1. Visa Sportsbooks
  2. How to Deposit
  3. Processing Fees
  4. Cash Advance or Credit Line
  5. Visa Deposit Alternatives
  6. How to Withdraw Money
  7. Visa Pros
  8. Visa Cons
  9. Which Banks Prohibit
  10. Online Gambling and Credit Score
  11. More About Visa Sports Betting
  12. Depositing Each Season
  13. Before You Deposit
  14. Visa Sports Betting FAQs

Visa Sportsbooks

  1. BetWay – Fast deposits and payouts
  2. BetRivers – Competitive odds
  3. BetMGM – Best all around

Betway

Seeking a new and exciting sports betting site? Try BetWay, one of the most reputable and consistent sportsbook brands in the world. Offering a full-service sportsbook, Betway has become one of the top names in the United States for sports bettors.

Betway also has a full suite of casino games, including both software and live dealer table games. Wager all of the top leagues from across the planet. Best of all, Betway pairs top-notch customer service with some of the best bonuses in the industry.

BetWay Pennsylvania - 21+ Playable in PA only
Gambling Problem? Call 1-800-GAMBLER
$250 Free Bet with First Wager
Bet Now BetWay Pennsylvania

BetWay Visa Deposits

Funding your sports betting account is simple and easy with Betway. Visa deposits are fast and free. Your account will be credited instantly once transaction processing has finished.

BetWay Customers are also able to use debit cards, other credit cards, and online banking methods like eCheck and ACH money transfers. BetWay supports PayPal, PayNearMe, and the Play+ Card as well.

What We Like About BetWay

Right off the bat, the thing that stands out about Betway is its simple design. The straight forward user interface makes it easy to navigate the site and place bets. Even better, the betting menu comes in different languages, providing ease and convenience for non-English readers.

We can’t discuss a sportsbook without first detailing the leagues and wagering options it offers. Betway has numerous markets available to provide players with all the betting options that they could need. Place bets on all major US sports like the NFL, NBA, NHL, MLB, and college sports, plus major European soccer leagues and other international competitions.

Finally, there is the loyalty program. Betway’s tiered program means players can earn points towards VIP events, free bets, and other perks. The more often you play, the more points you accumulate.

BetWay Deposit Help

Betway has comprehensive customer support. Though email may be the quickest option, the 24/7 live chat feature may be the most reliable. Both email and chat support are available in 17 different languages.

BetRivers

Look no further than BetRivers when it comes to a trusted sports betting name. With a vast selection of bets and sports leagues from around the globe, novice and experienced bettors alike will not be disappointed.

Signing up is quick and easy, allowing players to get started in minutes. Live in-gaming betting gives you plenty to bet on even if your team has already won the game.

BetRivers Virginia - 21+ Playable in VA only
Gambling Problem? Call 1-888-532-3500
$250 Bonus - 100% Match on First Deposit - Code: 250MATCH
Bet Now BetRivers Virginia

BetRivers Visa Deposits

BetRivers Visa deposits are free and credited instantly to your account. This is by far one of the best ways to fund your sports betting or online casino account.

Alternative BetRivers deposit methods include other credit cards, eChecks, PayPal, VanillaCash, and PayNearMe. Just make sure to check the fine print as there may be restrictions depending where you live.

What We Like About BetRivers

Reputation is key and BetRivers is among the most revered sportsbooks in the United States. Depositing and withdrawing money is simple and safe, there are a ton of sports betting options, a full-service casino, and one of the smoothest user interfaces in the industry.

With a ton of domestic and foreign sports leagues to choose from, finding a bet has never been simpler. There are also a ton of promotions and new player offers, especially before the start of major sports seasons.

Finally, look to BetRivers for the NBA, NHL, NFL, MLB, US collegiate sports, and European soccer seasons. This diamond in the rough offers competitive single-game and futures odds for most major sports.

BetRivers Deposit Help

BetRivers offers customer support through email, live chat, and a comprehensive help center with detailed FAQs.

BetMGM

Name recognition is important in the sports betting world and there is none bigger than BetMGM. BetMGM has been one of the most recognizable names in brick-and-mortar casinos. It comes as no surprise that they are also a major name in online sports betting.

BetMGM gives bettors the opportunity to wager on all of the best sports action in North America and Europe. Their industry-leading user interface offers customers a superior experience.

BetMGM Virginia - 21+ Playable in VA only
Gambling Problem? Call 1-888-532-3500
New Customers - Risk-Free First Bet Up to $1000
Bet Now BetMGM Virginia

BetMGM Visa Deposits

All BetMGM Visa deposits are free. Funds will be immediately credited to your player account. This is true for players visiting both the sportsbook and online casino.

There are many other ways to deposit money to your BetMGM account. Other major credit cards and ACH transfers will credit almost instantly to your account. BetMGM also accepts Apple Pay, PayPal, Cash at Cage (where available), and the Play+ card.

What We Like About BetMGM

BetMGM has become one of the top industry names for many reasons. Their site is easy to use and navigate, making it friendly for those who are less tech-savvy. BetMGM offers lines and odds for all major US and European sports. Best of all, you’ll quickly find that BetMGM’s selection of straight, futures, and exotic bets can’t be beat.

There is also the matter of their rewards program. Available both in-person and online, BetMGM’s program helps players make the most of their bets. They also have streaming for some games, allowing players to follow along with their wagers.

Review BetMGM’s odds for the NFL, NHL, NBA, MLB, racing, US and international soccer, collegiate basketball and football, and more.

BetMGM Deposit Help

BetMGM offers customer support through email, live chat, phone, and a comprehensive help center.

How to Deposit with Visa

Time needed: 2 minutes.

How to Deposit with Visa

  1. Open a new sports betting account.

    Review our list of recommended online sportsbooks. Open a new account, making sure to enter all your personal details correctly. Don’t forget to add your bonus code.

  2. Visit the sportsbook’s cashier, banking, or deposit page.

    After signup, use the sportsbook’s navigation menu to find its cashier, banking, or deposit page.

  3. Select Visa, enter amount, tap “Deposit”.

    Select Visa. Specify your deposit amount. Tap “Deposit”. Make sure you enter your card number, expiration date, and CVV correctly.

  4. Provide additional card details if your bank requests them.

    Some banks may require additional verification using your billing Zip Code, the last four digits of social security number, or SMS text message.

  5. Funds will be credited to your account and ready for action.

    Allow 1-2 minutes for funds to be credited to your player account. Once the transaction clears, you’ll be ready to go. Contact customer service with any questions or concerns. The sportsbook may email you a transaction receipt for safekeeping.

Visa Deposit Processing Fees

Fortunately, most legal sports betting sites do not charge Visa deposit fees. TwinSpires.com and some other horse betting sites charge a flat $5 fee for credit card deposits. However, your card issuer may charge between 3% and 5% cash advance fees if your credit line isn’t used.

There’s an easy workaround though and it is called the Play+ Card. Both BetRivers and SugarHouse offer a prepaid card – which is known as the Play+ Card – that has free deposits and withdrawals. You can also use the card anywhere Discover is accepted. BetMGM also has their own player card available for use on its site.

Are Visa Sports Betting Deposits Cash Advance or Credit?

This varies, check with your credit card company first to avoid unwanted fees. Banks processing your deposit as a cash advance may charge an additional 3%-5% fee.

If you want to avoid cash advance fees, we suggest using the Play+ card. The Play+ card can be funded using your bank card at sportsbooks like BetMGM and BetRivers.

Visa Deposit Alternatives

There are three types of alternative ways to deposit. The first way is e-wallets, such as Paypal, Skrill, PayNearMe, or ApplePay. 

Another way to way deposit is via ACH/eCheck. In addition, you can deposit with a participating sportsbook’s Play+ Card. You can withdraw cash using your Play+ Card at ATMs that accept Discover and the Novus payment network.

When should I use an e-wallet?

An e-wallet can help circumvent bank or credit card fees.

An e-wallet can help circumvent credit card fees. Though your bank will likely charge a Visa deposit to your credit line, it’s important to have a backup plan.

Remember to link your bank account to an e-wallet like Paypal. Transactions to and from a bank account are free unless you use the instant withdrawal option. However, fees will be applied to any credit card and debit card transactions. This policy protects the e-wallet from chargeback losses.

How to Withdraw Money from a Sportsbook

The easiest and fastest way to withdraw money from a sportsbook is by withdrawing to your bank account. The withdrawal review period is 2-5 days. In addition, TwinSpires.com offers instant bank transfers. 

Other fast withdrawal methods include Paypal, Skrill, PayNearMe and other e-wallets. Another way to withdraw is to get a check by mail, but that process is dependent on how much time it will take the postal service to deliver the check. 

Unfortunately, it is not possible to get a Visa card statement credit for your winnings.

Visa Betting Deposit Pros

  1. Instant – With Visa being accepted across the board at all major sports betting sites, your deposits will be available immediately after authorization so you can get those bets in as soon as possible!
  2. No Fees – As long as your bank does not charge fees for gambling deposits, you will not have any fees with your Visa deposit. Sportsbooks do not charge a fee!
  3. Safe – Similar to bank withdrawals, your credit card deposits will be safe, too. Visa online gambling deposits are backed by Payment Card Industry standards, which reduce risk.
  4. Debit card, too – You also have flexibility, as you can use Visa debit cards in addition to credit cards.

Visa Betting Deposit Cons

  1. Cash advance fees – Unfortunately, there can be cash advance fees, which can be at a minimum of 3% and a maximum of 5%. On the bright side, the way to avoid these fees is to use the BetRivers or BetMGM Play+ card workaround.
  2. Some banks prohibit – The minority of banks prohibit gambling transactions in general, so be sure to check before you want to bet.
  3. Limits – Some sportsbooks will have new player limits that will differ from VIP limits.
  4. No Statement Credits – Unfortunately, you cannot withdraw to your credit card. This includes statement credits.

Which Banks Prohibit Legal Online Gambling Transactions?

Credit card companies, like Visa, MasterCard, or Discover, do not block legal gambling transactions. However, issuing banks can be a bit more complicated. In states with legal gambling, major banks do not block the transactions. 

Beyond that, it’s more confusing. Banks exclusively based in states without legal gambling and local credit unions may have different policies. When in doubt, check with your bank or credit union before wagering.

Does Online Gambling Affect My Credit Score?

Online gambling does not affect your credit score. However, certain activities can impact the score. Being behind on payments, lowering your available credit, and casino lines of credit can all negatively affect your score.

Casino lines of credit often mean a hard inquiry on your score, meaning a temporary drop in your credit score also, cash advances, while not impacting your score, do accrue interest immediately.

Visa doesn’t keep track of the type of transactions you perform, though your issuing bank does categorize them for recordkeeping purposes. Through Merchant Category Codes (MCCs), Visa labels gambling transactions as amusement and entertainment transactions. This is a normal credit card company practice and does not impact your score.

More About Visa Sports Betting

Legal History of Visa and Online Gambling

Visa, along with other credit card companies, has had a complicated history with online gambling since it began in the mid-1990s. Initially, Visa and other credit card companies allowed their cards to be used for online gambling transactions. However, with the rise of internet gambling, concerns were raised about the potential for pathological and underage gambling and money laundering. According to the National Gambling Impact Study Commission, 95% of internet gambling businesses involve the use of credit cards.

In response to these concerns, the United States government passed the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006. The UIGEA made it illegal for financial institutions to process payments related to online gambling. As a result, credit card companies like Visa took a more cautious approach and many began to block or limit transactions for online gambling sites.

Major Visa Online Gambling Court Cases

The United States District Court for the Eastern District of Louisiana heard motions for multidistrict litigation alleging that Visa illegally interacted with several internet casinos. Re: Visa International Association Internet Gambling Litigation was a class action lawsuit filed on March 20, 2000, by several plaintiffs who claimed that Visa International had illegally interacted with several internet casinos. As a result, they suffered losses at various offshore online gambling sites. The plaintiffs alleged that Visa had violated the Wire Act, which prohibited the use of wire communications to transmit bets or wagers, and they sought monetary compensation for their losses.

On February 23, 2001, the District Court issued a decision, which the U.S. Fifth Circuit Court of Appeals later upheld. The Court clarified the Wire Act’s application to illegal online gambling and determined that the Wire Act is only applied to gambling activities related to a “sporting event or contest”. The plaintiffs also failed to demonstrate what losses they experienced at any sports betting site. As a result, the Court could not conclude that Visa violated the Wire Act. Furthermore, the Court stated that due to the ambiguous language regarding the “transmission of a wire communication,” internet casinos sending and receiving information were also not violating the Wire Act.

Another notable case is the U.S. v. Capital Processing Network and Scott Tucker, which was filed in 2012 and charged the defendants with operating an illegal online payday lending enterprise. The defendants were also accused of processing transactions for online gambling sites through fraudulent merchant categories, which allowed them to bypass Visa and Mastercard’s rules against processing transactions for illegal gambling sites.

How PASPA Overturn Affected Visa Sports Betting

The overturn of the Professional and Amateur Sports Protection Act (PASPA) in 2018 has significantly impacted Visa and other credit card companies in processing transactions for sports betting.

Visa shared the following with Independent Community Bankers of America (ICBA) in response to the inquiry on Visa’s actions relative to the overturn of the PASPA.

Visa makes its payment services available for all transactions consistent with local, federal, and international laws. Legal gambling transactions, including sports wagering, are permitted under the Visa rules, and Visa transactions will be accepted as valid, provided the transactions are categorized under the appropriate gambling merchant category codes (MCCs). Visa continues to monitor state and federal legislation changes closely following the Supreme Court decision and will make Visa services available aligned with related legislative changes.

How Much Money is Wagered Annually Online With VISA?

Online gambling is undergoing tremendous change, setting it up to flourish in the years to come. In 2021 alone, 11 states legalized sports betting. The market is worth $67 billion today and is estimated to reach about $93 billion wagered on sports at the end of this year — growing at roughly 11.5% per annum.

In 2022, bettors wagered $90 billion online using Visa cards worldwide, a little more than 10% of the $1.1 trillion total annual transactions made on credit cards. According to some projections, the global online gambling market is expected to reach $127.3 billion by 2027, growing at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period.

Depositing With Visa Before Each Season

If you plan on using a credit card for online gambling make sure you set up a withdrawal option that doesn’t charge fees, like a Play+ card or a bank account for ACH transfers.

Plan your sports betting season in advance. First, find a sportsbook that has the best betting options for that sport. Next, deposit before the season begins to establish your account.

Deposit a lump sum of money at the beginning of a season. Then, budget future deposits throughout the season. Try to continue living off your winnings.

Remember, no matter where your permanent address or billing address is, you will be geolocated when betting online. Make all your bets when you are within a state that allows for legal sports betting.

Before You Deposit

  1. Gather your card, billing address, and ID card or USA state driver’s license.
  2. Some sportsbooks require a faxed or scanned written authorization. Download from customer service or the cashier page.
  3. First deposits with Visa are limited to fixed dollar amounts. You will be able to deposit more often after establishing a relationship.

Visa Sports Betting FAQs

Can I place bets legally with Visa cards?

Yes, you can deposit to a legal US sportsbook and place bets.

Are Visa card deposits instant?

Yes, after a brief review of several seconds to a few minutes.

Are Visa card deposits limited?

Yes, most sports betting sites limit initial deposits until you’ve established a good relationship with them.

What is a common max credit Visa card deposit?

Between $1,000-$1,500 with some allowing for up to $2,500.

How to deposit if my Visa card gets declined?

Bank account transfers, online banking, PayPal, bank wires, money transfers, and cash-at-cage are all good backup deposit options.

How to increase Visa card deposit limit?

Much like a line of credit, consistent customer behavior can increase your deposit limit.

Are Visa betting deposits cash advances or credit?

This varies, check with your credit card company first to avoid unwanted fees.