Step one to online sports betting is to deposit funds into your bankroll. Before you can do so, you’ll need to guarantee that accept your preferred banking method. Thankfully, all of the betting platforms in North Carolina accept a wide variety of banking options. This page will explore each of those methods and how you can benefit from using them.
General info on online banking
Online sites benefit from providing their members with a range of different banking options. The easier it is for players to deposit and withdraw funds, the more likely players are to sign up and continue using the services.
However, you may end up waiting longer for your deposits or withdrawals to process, depending on which banking method you use. Therefore, explore your options and choose the best one.
NC betting sites with banking options
Banking Options: All sites are 100% legal & licensed by the state.
| Company | Bonus | Features | Visit |
|---|---|---|---|
 | BetMGM Sportsbook Up to $1,000 in bonus bets |
| Bet now BetMGM NC bonus code |
 | Caesars Sportsbook Up to $1,250 bonus |
| Bet now Caesars NC promo code |
 | bet365 Sportsbook Bet $1 Get $200 in bonus |
| Bet now bet365 NC bonus |
 | DraftKings Sportsbook Bet $5, get $200 in bonus bets |
| Bet now |
List of deposit options in NC
Below, you’ll find a breakdown of each of the most common banking options in North Carolina. Some options are better suited for transparent digital payments whereas others provide services for players who prefer anonymity or who want to pay with cash.
Instant eChecks (ACH) VIP Preferred
An instant eCheck payment processes money directly from your bank account through an automated clearinghouse. You simply provide your banking details, including your name, routing and account numbers, and your bank’s corporate address. Your payment should process automatically, as long as your bank allows for online payments.
Additionally, many online sportsbooks in NC provide a VIP Preferred gateway for ACH payments. This will help speed up the transaction so you can start betting as soon as you register and verify your account.
Online bank transfers
An online bank transfer is another great option for anyone whose bank will allow online payments. The only downside is that some banks refuse to transfer funds to nc online betting sites. As more states begin legalizing online sports betting, this will likely change but be sure to contact your bank ahead of time to find out if your account is eligible.
Currently, the following banks allow digital bank transfers to online accounts:
- Capital One
- Chase
- Bank of America
- HSBC Bank USA
- TD Bank
- PNC
- Santander (Sovereign) Bank
Bank transfers tend to be the slowest option, sometimes taking up to 5 business days to fully process. Therefore, you would likely be better off using either a VIP Preferred eCheck or another option.
Debit and credit card payments
Many players prefer to fund their bankrolls directly from a debit or credit card. Pretty much all online betting sites in North Carolina accept Visa and Mastercard, and some also accept American Express and Discover cards. Using a card is pretty straightforward but it does come with some limitations:
- Credit card companies may process your payments as a cash advance, meaning you’ll be hit with higher interest rates
- Not all banks will process payments to an online betting site
- Understandably, you must have sufficient credit/money in your account to process a payment
Also, be aware that card payments are completely transparent. If you prefer anonymous payments, we don’t recommend paying with a card.
PaySafeCard
PaySafeCard is another smart option for anyone wanting to pay with a card without having their identity linked to their payments. PaySafeCard is an online prepaid card system that provides users with a 16-digit PIN code they can use to process transactions. You simply buy a voucher worth however much you want to pay and then input the PIN code at checkout.
PaySafeCard is completely anonymous and works without a physical plastic card. Additionally, you can use it to withdraw funds from your bankroll without first using it to deposit money. However, PaySafeCard does come with a few limitations:
- With a standard PaySafeCard, you’ll only be able to transfer $2,000 a day, up to $10,000 a month. You can raise these limits but only if you qualify for a VIP account.
- PaySafeCard takes long to process than other banking options
The wait times for PaySafeCard transactions are usually not that long but it can be a limiting factor if you want to deposit funds and play immediately.
PayPal
PayPal has come to dominate the world of online payments and, therefore, is a mainstay banking option for many. The way it works is that you input and store your banking details in an e-wallet, allowing you to process payments through a third party rather than one-to-one with your bank.
You can also deposit money into your PayPal account, which can then be transferred into your bankroll, without ever linking your bank to the site. This makes PayPal a good option for players whose banks don’t allow for transactions with online betting platforms.
You can fund your PayPal account using the following options:
- Direct bank transfers
- One-to-one user transfers
- Visa/American Express/MasterCard payments
Be warned, though, your PayPal email address must match the email address you used to register for the provider. If they are not the same or you are using a business account, you won’t be able to transfer funds. Additionally, PayPal will charge a small percentage on every transaction you make.
Skrill
Skrill is another popular e-wallet that works similarly to PayPal. The only difference is that Skrill was designed specifically with online gamblers in mind. Skrill keeps your personal account information secure, so you can process transactions without it linking to your bank account.
Skrill is more secure than many other options but that security does come at a price:
- Skrill is more expensive than other e-wallets, such as PayPal.
- Skrill isn’t as widely accepted as PayPal
- Skrill has, in the past, not accepted MasterCard payments. This has since changed but their policies are known to fluctuate.
Although Skrill isn’t as widely used, it’s still not uncommon to find it on many online providers. As more players opt to use its services, you’ll likely find start to find it everywhere.
Neteller
Neteller is another popular e-wallet that works in the same way as Skrill and PayPal. In fact, Skrill and Neteller are managed and run by the same parent company so you’ll likely find that their platforms run in almost the same way.
The idea behind Neteller is the same as Skrill—it allows you to anonymously transfer funds from your bank into an e-wallet and then into your online bankroll. This way, none of your bank details are linked.
Compared to Skrill and PayPal, though, Neteller is the least common e-wallet among all the top ones in North Carolina.
PayNearMe
For truly anonymous payments, you might prefer PayNearMe. PayNearMe is a widely used cash-to-digit payment service that allows you to deposit money at your nearest 7-Eleven, CVS Pharmacy, or Family Dollar in exchange for a digital code. You can then input that code online to transfer funds into your bankroll.
You can use PayNearMe without a credit or debit card, making it one of the best options for anyone without access to online banking transactions. Additionally, you won’t leave a digital footprint since all of your payments are done in cash.
Best of all, PayNearMe is widely accepted and easy to find. No matter where you go in North Carolina, you’re bound to run into either a 7-Eleven, a CVS, or a Family Dollar. That way, you’ll never be out of reach when you want to place a bet online.
Play+
Play+, also known as PlayPlus, is a unique payment system that seamlessly blends aspects of both a digital e-wallet and a prepaid card system. Basically, you purchase and load a physical prepaid card with whatever amount you want to pay and then gain access to your account’s card number.
Although they will mail you a physical card within two weeks, you can use the account to transfer funds immediately. After you receive the card in the mail, you can then continue using it by topping up your Play+ account online.
Trustly
Trustly is another unique option that blends aspects of an e-wallet with an online bank transfer system. It works as an intermediary, just like an e-wallet, but rather than storing your bank details, Trustly simply processes payments.
Trustly allows you to work around the long wait times you’d have to put with if you sent a bank transfer, as well as allowing you to process payments if your bank refuses to work with a betting site. Additionally, Trustly is arguably safer than an e-wallet since they do not store your information.
The only downside to Trustly is that it’s not commonly accepted by many of them in North Carolina. It’s still a smart option, though, so keep an eye out for it.
Different banking options
Here are all of the banking options currently available on the top 4 in North Carolina:
BetMGM banking
- E-Check (ACH) VIP Preferred
- Online bank transfers
- Credit and debit payments
- Online bank transfers
- Skrill
- Neteller
- PayNearMe
- Play+ and prepaid cards
Caesar banking methods
- E-Check (ACH) VIP Preferred
- Online bank transfers
- Credit and debit payments
- PayPal
- Skrill
- Neteller
- PayNearMe
- Play+ and prepaid cards
FanDuel options
- E-Check (ACH) VIP Preferred
- Online bank transfers
- Credit and debit payments
- PayPal
- PayNearMe
- Play+ and prepaid cards
DraftKings banking
- E-Check (ACH) VIP Preferred
- Online bank transfers
- Credit and debit payments
- PayPal
- Skrill
- PayNearMe
- Play+ and prepaid cards
Fastest banking options for sports betting in NC
Depositing funds is easy. Simply input your preferred banking information and then confirm the transaction. Once your financial service processes the payment, your funds should show up in your bankroll. This means you could have playable funds within minutes.
Withdrawals, on the other hand, take some time. Whenever you request a withdrawal, your operator will first have to approve the payment, which can take up to two business days. From there, you’ll have to wait for the funds to process through your banking option.
Some options are faster than others, though. We’ve gone ahead and ranked them below:
- Prepaid cards – In 1st place, we have prepaid cards. If you opt to have your funds deposited onto a prepaid card, your chosen one might be able to complete the transaction immediately. Many of them provide their own prepaid cards, so your funds process automatically.
- e-wallets – e-wallets such as Skrill, PayPal, and Neteller are used to working with online sportsbooks. Therefore, they process transactions faster than many banks.
- VIP Preferred eChecks – Because most provide a VIP Preferred gateway, you could see your funds processed through an eCheck within just a few days.
- Bank transfers – Bank transfers are, by far, the slowest option. Banks typically take 5-7 days to process a transfer so you could end up waiting a full week before you see your funds.
Additionally, your bank may flag your first few deposits. Speak with your bank ahead of time to prevent delays.
North Carolina banking options FAQ
Can I withdraw money from my bankroll using any banking option?
Still curious about how to deposit or withdraw funds to your online bankroll? Check out our answers to some of the questions we most commonly hear.
With I be charged for each transaction?
As a general rule, online wagering sites typically require you to withdraw funds using the same method you used to deposit money to your bankroll. However, prepaid card systems are one way to work around this requirement.
Why do withdrawals take time to process?
Depositing funds to your bankroll should be free but most add a small processing fee for each withdrawal. This allows them to make a small percentage of profit as a courtesy for using their banking services.
How long should a withdrawal take to process?
Before you gain access to your funds, they first have to review your request to ensure that everything is in order. This prevents players from abusing bonuses and deposit matches. It also gives the provider time to process through the backlog of withdrawal requests.
Is it safe to give my bank details to an online sportsbook?
Depending on your preferred banking option, you should see your funds within 2 to 5 business days. If it takes any longer, contact your sportsbook to find out what’s holding up the process.