Caesars Sportsbook Deposit Options and Payment Methods
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Caesars Sportsbook Deposit Options and Payment Methods
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Caesars Sportsbook Payment Methods & Options

One of the things to focus on when you are considering Caesars Sportsbook as your bookie is their available payment methods. As you'll see below, this is one of the many reasons why we consider Caesars to be one of the best online sportsbooks. We will cover them in more detail in this article below.

Caesars Sportsbook Payment Methods – Many Options

Whether using the desktop site or the Caesars Mobile App, one of the main advantages that Caesars Sportsbook has over the competition is the number of different payment methods. So, let’s take a closer look at these Caesars Sportsbook payment methods:

Making Deposits at Caesars Sportsbook

You can deposit your funds easily with the Caesars Sportsbook as soon as you create your account. Just visit the “My Account” section to find the deposit options and choose the preferred method.

  • Credit or Debit Cards – Making deposits with your credit or debit cards is quite simple, but you have to ask your bank whether they allow payments for gambling purposes and whether there are additional fees and costs for these transactions. Caesars Sportsbook allows you to use MasterCard, Discover, and Visa credit and debit cards.
  • Online Banking/Electronic Transfer – This is another very simple and efficient payment option, but you need to have online banking set up beforehand.
  • ACH/VIP Preferred e-check – If you want to use this option, you need a checking, savings, or money market account to make your deposit. Simply choose the option and enter the routing numbers from your account.
  • Skrill – One of the two e-wallet options available at Caesars Sportsbook. Keep in mind that your Skrill email must match the email you used to register at Caesars Sportsbook.
  • PayPal – The other e-wallet you can use is PayPal. You can make deposits directly from your PayPal balance or use it to deposit from a verified bank account.
  • Play+ Prepaid Card – This is a prepaid account card you can use to fund your account from your credit or debit card, PayPal account, or using online banking. Once you fund your prepaid card, you can then transfer money to your Caesars Sportsbook account. This card can also be used for purchases or withdrawals from ATMs.
  • PayNearMe – You can make a cash deposit at your local retail stores, like 7-Eleven, CVS, or a few other participating locations. When you choose this option, the app will provide you with a bar code that you can save on your mobile device or print. This is the personable bar code that you can use for multiple deposits at retail stores.
  • Cash at Caesars Sportsbook Retail Locations – Another option is to deposit any of Caesars Sportsbook retail locations across the US. To make the deposit, you will need a mobile phone and a valid ID. The entire process is simple and will be explained to you by the ticket writer.

The minimum deposit amount for these payment methods is $20, while some of them have a maximum amount as well. For example, PayNearMe has a maximum cumulative amount of $500 for deposits.

Of course, Caesars Sportsbook also allows you to set your deposit limits if you want.

Caesars Sportsbook Payment Methods & Options

Withdrawing Funds from Caesars

After you've taken advantage of the Caesars Sportsbook Promo Code, you'll likely want to withdraw your cash. On Caesars, withdrawals are processed by a few different methods, subject to review. In theory, your withdrawal will be processed within 72 hours, but it’s usually done much faster. However, you may need to provide some documentation for security purposes.

  • ACH/VIP Preferred e-check
  • Skrill
  • PayPal
  • Online Banking/Electronic Transfer
  • Play+ Prepaid Card
  • Cash at Caesars Sportsbook Retail Locations

All these Caesars Sportsbook payment methods for withdrawing have different processing times and withdrawal limits.

For example, an e-check may take a few days and has a limit of $5,000 per transaction. It’s the same with online banking, while the Play+ Prepaid Card has a $5,000 withdrawal limit per day. Meanwhile, PayPal has a withdrawal limit of $10,000 per day and it is usually much faster than other options.

The minimum amount that you can withdraw is $20.

Disclaimer: This offer is not applicable for players in Ohio. For Ohio-specific offers, consult our Caesars Legal States page.

Honesta John is a passionate and experienced gambling content writer with a particular interest in online casinos and sportsbooks. Her experience cuts the gamut from web content creation to casino, SEO, and editing. She has been producing copy for various reputable digital agencies and international websites since 2017, and has covered topics such as online casino reviews, sportsbook launches, casino bonuses, gambling news, and updates.

Caesars Sportsbook Deposit Options and Payment Methods FAQ

Yes, Caesars Sportsbook has rolled out a new app for both Android and iOS devices. In fact, you can only bet on the or at William Hill websites at the moment, not on the Caesars Sportsbook website – unless you live in Pennsylvania.

 

Yes, Caesars Sportsbook has the Cash Out feature for some bets, which allows you to cash out your bet early, before the event is over.