Echecks deposits used to be accepted at most online sportsbooks including those that cater to USA players. However after the UIGEA gambling bill which made it illegal for banks to process any transactions related to online gambling, this deposit option sort of fell off. As of 2015, there are no reputable US online sportsbooks that accept instant electron check payments. Please check out our main USA sportsbook deposits page for an updated list of all available options. Or check out our Bitcoin page that is the best alternative for anyone who was looking for an echeck option.
USA Online Sportsbooks
Accepting Instant Echecks
What Is an Echeck, And How Does It Apply to Sports Betting?
An Echeck (also seen written as e-check or electronic check) is nothing more than an electronic version of a paper check. Some United States sports bettors prefer depositing money directly from their personal or business checking account straight into their sportsbook account. Not all virtual bookmakers honor this deposit method. But it is extremely safe, since your chosen financial institution offers its own levels of protection. Credit card account funding is a lot quicker, but because of bothersome UIGEA legislation in the United States, sometimes funding your sports betting action with an electronic check is your only option. Expect 24 to 72 hours before your money is available for wagering, so bear this in mind. Most of the top US-friendly sports betting sites which are legally certified to accept American players allow echeck deposits.
Are There Any Legal USA Echeck Sportsbooks?
If this sounds like a deposit method you would like to use, your next question is probably, "Are there any legal USA e-check sportsbooks?" As we touched on above, some legitimate sports wagering websites are legally certified to deliver Internet sports betting to US residents. And even a fewer number of those qualify for what we would consider to be a "top rated" designation. They are listed here on our site, where you will also find our in-depth reviews of each one. If you don't feel like doing a lot of homework, simply click through any of the links we offer and you will access legally registered sports betting sites which offer electronic checking as a deposit method for US customers. You can learn more about the legalities in our legal US online sports betting section.
What Are the Benefits of Echeck Sports Betting?
Echeck sports betting will be beneficial if your credit card is denied for funding your sportsbook account. Some credit card providers are very wary of the UIGEA, Federal Wire Act and PASPA pieces of gambling legislation in the United States. So even though a particular legally licensed sports betting site may honor credit cards as a funding method, your particular card issuer may not allow you to do that. Another benefit is that you do not need to set up any kind of secondary account to use electronic checking.
You are simply writing an electronic version of a paper check, which will then transfer money wirelessly from your checking account to your sports book account. Beneficially, these transactions are 100% secure, since they go through your respected and hand-picked financial institution. You get all the benefits of an electronic wallet without having to set up an e-wallet account. And the convenience of credit card processing means that your deposits do not fail as long as you know you have money in your checking account.
How to Set up an Echeck Sports Betting Account
First, choose from our short list of the top USA online sportsbooks. Click through to their website, and sign up for a free account. This requires minimal information, and only takes a couple of minutes. Then click on "Deposit", "Cashier" or a similar tab or button. You then choose check (cheque), echeck or electric checking as your deposit method. Pull out your checkbook, and notice the long number on the bottom far left of any check. This is called a routing number, and is usually nine digits long in the US. The next lengthy set of numbers you see is your personal checking account number. Enter these where required. There will be a short verification process, and then your checking account is available to fund your sports betting action. That is it. No third-party account set up, and safe, secure sportsbook account funding for US bettors.