Banking Options in Florida

When searching for events to bet on, one thing to keep an eye out for is sports betting deposits. Learning what types of banking options in Florida offer and how you can get the most out of your sports betting is key to making successful wagers that will bring you more winning and faster payouts.

Getting started in Florida

When getting started with a account in Florida, one of the first things you’ll need to do is find a site. Choose one that has lots of payment options, and that offers several sports betting matches for your betting needs.

Then, make your deposit, choose your bet, and start making wagers on the matches of your preferred sports, collecting your winnings and getting them in hand using your preferred withdrawal method. Below, we’ll go into more detail about the best ones and the best payment options so that you can deposit and withdraw easily and efficiently.

Top safe banking options in Florida


One of the first things that you should do is find Florida sportsbooks that offer you the banking options you want along with the betting options you want. Below, we’ve lined up 4 of the top betting providers on the web, all of which offer a number of banking options in Florida.


If you’re looking for the fastest paying online sportsbooks in FL, look no further than FanDuel Florida. Here, you can find payment options that include debit cards, credit cards, and even e-wallets to make instant deposits.

FanDuel promo: Bet risk-free up to $1000.


Considered one of the best online sports betting with PayPal, DraftKings made a name for themselves as one of the top sports betting sites when it comes to fantasy sports and other top sporting events. They offer other e-wallets, as well as gift cards and banking accounts too.

DraftKings promo: Get a $50 free bet on your first wager when you sign up


PointsBet FL only requires $5 to start placing money on your preferred sporting events. Choose from PayPal, e-checks, e-wallets, and debit and credit cards to make your first wager.

PointsBet Promo: Get a free bet up to $500 when you sign up.


All the most popular e-wallets are available for use with BetMGM Florida. That includes PayPal, Skrill, and Neteller, just to name a few. In addition, they have a long list of sports matches and sports of all kinds to choose from for your betting.

BetMGM promo: Best risk-free up to $1000

Best banking options in Florida


In order to start betting on the matches of your preferred sports, you’ll need to make a deposit. Most offer multiple payment methods to choose from, a few of which we have listed below. Use these banking options for Florida sports betting sites, for easy deposits and withdrawals.

PayPal betting in Florida

For one of the fastest withdrawals online sports betting has to offer, PayPal is a top choice. It’s one of the most popular e-wallets and can be used to both deposit and withdraw funds from many accounts. Florida PayPal betting offers immediate withdrawals of winnings and can be funded using:

  • Bank transfers
  • Credit and debit cards
  • Bank accounts

Skrill betting in FL

Skrill offers similar options to get ahold of funds as PayPal and is safer than traditional payment options. When you choose an e-wallet like Skrill, none of your personal information or banking information is attached to your account. It’s secure, fast, and will allow you to access your winnings instantly.

The one downfall you’ll find with Skrill is that withdrawals will cost you $5.50, which could add up if you have a lot of winnings to get your hands on.

PaySafeCard betting in FL

The PaySafeCard is just that, an option that you can use to pay safely online. You can log in to your account on your preferred one and add funds in seconds. You can also use the PaySafeCard with some of them to get your hands on your winnings.

Play+ betting in Florida

Play+ offers an alternative to debit and credit card transactions. Instead of linking directly to your bank account, it offers a secure way to pay that keeps your info out of it. Play+ is not just an account but also offers an option to score a debit or credit card that you can use instead of transferring funds and withdrawing from a personal account.

ACH (VIP Preferred) betting

Automated Clearing House (ACH) is a payment option perfect for making wagers online. Whether you’re adding money online or using the VIP preferred option to withdraw funds from any participating ATM, it’s an alternative that offers a quick way to get your hands on your money and add more when you think your team is going to get the winning score.

Credit/debit cards betting in FL

Online providers debit card withdrawal is one way to get ahold of funds fast. Some have processing times for withdrawals to debit or credit cards but will process deposits instantly. All of the licensed ones that we’ve mentioned above offer deposit and withdrawal with:

  • American Express
  • Mastercard
  • Visa
  • Discover


If you prefer dealing with a live person and want to add funds to your account with cash, you can check out PayNearMe. All you’ll have to do is visit a participating store and choose the amount you want to deposit. Then, you can head to your account on your preferred one and add your funds.


Neteller is another e-wallet that offers tons of advantages. They’ve been around since 1999, coming in ahead of the game. Over the years, they’ve made improvements to keep up with the times and have started to offer customers a safe way to pay online that doesn’t charge them for using their account.

PayWithMyBank (Trustly)

PayWithMyBank is an option for those that want to use their bank account to transfer funds. Instead of connecting directly with the bank account, PayWithMyBank will provide a safe connection that is not attached to the bank account, keeping the bettor’s credentials safe. As a result, withdrawals are quick, and funds are ready to use almost instantly.

Banking – how to choose the best method


When you log in to your account for the first time, it might seem overwhelming to choose a bet. However, there are a few things that you can look for to choose the best ones and start upping your winnings while betting on sports, some of which we’ll share with you below.

Check the odds

The odds tell how much you have to put down to bet but also how good your chance is to score winnings. So when checking out the betting odds, make sure that you choose those that have a good return and decent odds of happening.

For example, if you have an underdog team that’s +600 and a preferred that’s -200, you might look at the underdog and just see green. But their odds are low for a reason, and the chance of them winning might be low. Still, if you feel an upset in the making, bet and see how your luck plays out.

Do your research

One thing that all of the top sports bettors have in common is research. Not only do they watch events leading up to the big game, but they also check out articles, sportscasts, and injury reports so that they are up to date with all the possible outcomes.

Factor in bonuses

It’s not just about the bet you pick. It is also about the amount you have to pay to make a bet. So take advantage of bonuses and get the most out of your betting day.

Have fun

Betting is supposed to be fun and, if you win a few bucks in the process, even better. So don’t forget to enjoy it.

How to make a deposit in Florida


To get in on some of the most anticipated matches, you’ll need to make a deposit. You can deposit on your preferred operator in minutes, following these few simple steps. Consider choosing fast and easy banking options for sports betting in Florida, like PayPal, PayWithByBank or Skrill.

Choose your Florida online banking provider

First things first, you need to choose your betting providers. Make sure that you find one that checks all the right boxes, including:

  • Lots of payment options
  • Lots of betting matches
  • Plenty of bonuses and promos
  • Ironclad safety and security features

Pick your banking options at sports betting in Florida

Once you’re in, you’ll have the option to start betting but, only after you deposit funds. You can do so with any payment method that the operator offers, making sure that you read the fine print. Some Florida online sportsbooks come with minimum deposits, so keep a lookout for that.

Score your bonus

One great thing about signing up for a account is taking advantage of the welcome bonus. First, however, make sure that you read the terms and conditions and make a qualifying deposit so that you can get the most out of your first betting day.

Make your first bet

Once your funds are in, you can browse through your selected one and start finding the bets that you think will score you the best return. You can use your bonus to increase your winnings if you pick the winning bet, are able to collect your winnings on your first day and keep on betting.

Sports betting withdrawals in FL


Apart from making your deposit and choosing the best bets, you might also be wondering how to get your hands on your cash. It’s fast, it’s easy, and you can get access to your funds instantly if you choose the right methods.

Choose your banking options in Florida withdrawals

One of the first and most important steps that you’ll have to do when getting your hands on your funds is choosing your payment method. While they offer a long list of payment options, not all of them are the same. The fastest methods include e-wallets and debit and credit card withdrawals. Other options are out there, including:

  • Bank transfers
  • Check
  • E-check


Once you choose your preferred payment method, all you’ll have to do is withdraw your funds and enjoy your cash in hand. Then, choose to save that money or use your winnings to make other bets so that you can keep growing and leave with much more than what you came with.

Florida banking options FAQs

Are sports betting in Florida legal?

Yes, it is. The state has had its struggles with the legalization of sports betting online but, those days are over. The state has made it legal and is taking steps to help bettors in Florida place their wagers online safer and easier than ever before.

Can I make a deposit with cash?

Yes, though not all allow it. Finding participating locations near you, it’s simple to head there with cash and a current form of identification to make a deposit. Then, you can use those funds to make wagers on the matches of your preferred sports, using a number of payment methods to withdraw what you win.

Can I set deposit limits to control my gambling?

Yes, you can. A lot of of them offer daily or monthly limits that you can set for yourself. Sometimes, gambling can be exciting, and it can make you want to keep on going if you’re on a winning streak. Still, every bet is a risk and could result in you losing money if you’re not careful.

What is the most profitable sports bet?

All sports bets that you make have the possibility to be profitable. It mostly depends on how much you bet and what kind of bet you make. Though it’s not always the most profitable, a lot of bettors choose the money line bet, which bets on the overall winner of the match. Some odds are large, especially if you go with the underdog.

What is the fastest way to withdraw?

The payment option with the fastest withdrawal time is e-wallets. Because they are not attached to personal banking information, they offer a safe alternative to using debit or credit cards or banking accounts.