Updated: Sep 6, 2022
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Before joining a sportsbook, it’s important to look at the available banking methods that are listed by a betting site.
This will show you whether the payment options are favorable to you or if you’ll have a hard time depositing and withdrawing your funds.
For that very reason, we are going to cover the major payment methods that bettors can use to fund their BetRivers accounts. We’ll also cover the site’s deposit and withdrawal process.
If you’re interested in any of these topics, feel free to read our comprehensive banking guide.
How To Make An Online Sportsbook Deposit At BetRivers
If you’ve created a BetRivers betting account and you want to make a deposit, here are the steps that you need to follow:
- Sign up and log in to the BetRivers Sportsbook app.
- In the top-right corner, click “Cashier” and select “Deposit”.
- Various deposit options will appear. Choose your preferred banking method.
- Enter the amount that you want to fund your account with.
- Follow any other instructions or prompts that may appear.
- Finalize the deposit. The funds should appear immediately.
BetRivers is a licensed and regulated sportsbook, so you can comfortably transact on the site knowing that your funds and your account details are safe at all times.
Various payment methods are listed on BetRivers. Some of them can be used for both deposits and withdrawals. Ideally, it’s up to you to choose your most appropriate and favorable payment method.
We’re going to discuss some of these options down below.
Mastercard & Visa
You probably already use a debit/credit card to make a few daily transactions, which is why many sportsbooks prioritize and accept card-related payments. At BetRivers, bettors can also make deposits using a Mastercard or Visa card.
One thing to note is that some banks may charge additional fees while others may not even allow you to deposit to a betting site.
American Express is another popular credit card, but, at the time of writing, it isn’t accepted by BetRivers. However, you can still link your AMEX card to your PayPal account and deposit funds via this method.
PayPal is the go-to e-wallet for many online users and holds the crown as the world’s most popular virtual wallet. Currently, it’s the only e-wallet that you can use to fund your BetRivers account.
To use PayPal as a funding source, you may need to link your PayPal account to a verified bank account. On the flip side, you can also use PayPal to receive withdrawals.
If you’re an old soul who prefers to carry cash instead of some of the other payment methods, you can fund your betting account via PayNearMe using cash.
You’ll need to select PayNearMe when you’re choosing a deposit method. You’ll also need to provide the phone or email that you entered when you created your BetRivers account and the exact amount that you wish to deposit.
A barcode will be generated and sent to you. Finally, take this code to a local retailer, e.g., a CVS or a 7-Eleven, along with the amount that you’re supposed to deposit.
The funds should take 15 minutes or less to appear in your betting account.
With over 40 million users worldwide, Skrill is the second most popular e-wallet in the world and is a perfect alternative to PayPal. That being said, many sportsbooks still prefer PayPal to Skrill.
Currently, on BetRivers, you can’t use Skrill as a payment method.
Physical Location Or Cash Cage
In states like Iowa, Pennsylvania, and Colorado, you can visit one of BetRivers’ retail locations and deposit cash at the cage.
You’ll need to provide your betting account details and you’ll also need to carry your government-issued ID.
VIP Preferred e-Check
With this method, you can use money from a savings or checking account to fund your BetRivers betting account. The funds will be taken directly from your bank and will be transferred to your playing account.
To use this method, select ACH/VIP Preferred e-check as your deposit method and provide the sportsbook with the following details:
- Your bank’s routing number
- Your bank account number
Deposit Bonus Offers
If you’ve never signed up on BetRivers but you’re interested in doing so, you qualify for the following welcome bonus: Receive a 2nd free bet, equal to your stake, up to $500
This is an extremely straightforward promo. BetRivers will reward you with a dollar-for-dollar match when you make your first deposit after you sign up on the site.
As per the terms of the bonus, this only applies to your first deposit, and that deposit should be $10 or more for you to receive a bonus.
How To Make An Online Sportsbook Withdrawal At BetRivers
If you want to withdraw your winnings from your BetRivers betting account, just follow this simplified process:
- Log in to the BetRivers Sportsbook app.
- In the top-right corner, click “Cashier” and select “Withdraw”.
- Several banking options will appear. Select one of the available methods.
- Type in the amount you’d like to withdraw.
- Follow any on-screen instructions or prompts.
- Click “Withdraw” to complete the withdrawal.
The minimum amount that you can withdraw using most withdrawal methods is $20, but each method has a different maximum.
The processing time will also depend on the method that you’re using. Play+ and cage withdrawals are instant, while an ACH Transfer will take around 2-5 business days to process.
If you choose to withdraw your funds via check, it will take around 10-14 business days to process such a withdrawal.
BetRivers Sportsbook Payout Time
Ever you ever wondered “How long does BetRivers take to payout?”.
Here is a timetable with estimated times to get your winnings.
|Withdrawal Method||Withdrawal Time||Minimum|
|BetRivers Play+ Prepaid Card||Instant||$20|
|Online Banking/ACH Transfer||2 – 5 business days||$20|
|Cash at Rivers Casino Cage||Instant||$20|
|Check via Mail||10-14 business days||$20|
Advice On Managing Your Bankroll
If you’ve been in betting circles for a while, you’ve probably heard of the terms bankroll and bankroll management.
A bankroll is the amount of money that a bettor is supposed to set aside to fund his/her betting operations. Bankroll management, on the other hand, focuses on proper control of the funds that a bettor has set aside.
Truth is, many bettors struggle with proper bankroll management. To help you avoid such troubles, here are three crucial bankroll management tips that you need to be aware of.
Keep Your Finances Separate
First, you need to calculate the exact amount that is going to be in your bankroll. After that, we strongly recommend that you separate your bankroll from other personal finances.
Why should you do so? Well, this will make tracking easier, and you’ll also avoid the trap of betting more than you can afford to lose.
Avoid Chasing Losses
Before you place any bet, accept that there’s a chance of losing that wager. Once you realize this, you’ll be calm even when you lose an unexpected bet.
Remember, if you overreact and chase losses, you’ll continue to do so until there’s nothing left in your bankroll. Plus, increasing your stakes won’t chase away an inevitable losing streak.
Always Track Your Bets
Tracking your bets has one major advantage: you’ll be able to spot your strengths and your weaknesses. Once you figure this out, you can create a betting system that zeros in on your strengths.
If you encounter any problem while you’re betting, you can jump to the site’s help center. Here, you’ll find a detailed FAQ section that aims to answer most queries that bettors have.
If this doesn’t help, or if you have a major issue and want to contact BetRivers directly, you can use live chat or email support to reach a customer support representative.
RatingGet 2nd Free Bet Up To $500