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For a sportsbook to compete with the best in the industry, it needs to prioritize several crucial features.
We’ve seen sportsbooks give a lot of attention to features such as odds, betting markets, and other nifty tools but fail when it comes to the available banking methods. Luckily, Caesars isn’t one of those sportsbooks.
Caesars sportsbook has a plethora of excellent deposit methods. The listed withdrawal methods may be fewer, but they are still adequate enough to cover most bettors’ needs.
If you’re interested in joining Caesars, we’re going to cover most of the available banking methods in this comprehensive guide and also show you how to make a deposit and withdrawal on Caesars.
If you’ve already signed up on Caesars and you want to fund your betting account, here are the basic steps that you should follow:
To fund your betting account, you need to opt for an appropriate payment method. Before you settle for a specific payment option, always consider these two factors: fees and processing time (especially for withdrawals since most deposit options on Caesars are instant).
To help you out, we are going to go through most of the banking methods that you can use to fund your Caesars betting account.
Debit and credit cards are pretty common modes of payment. If you’re a Visa/Mastercard user, you can use your card to fund your Caesars betting account.
Some banks don’t process online gambling-related transactions, so you may need to contact your bank first before you try this payment method. Also, check whether the bank is going to charge any additional fees.
Aside from Visa and Mastercard, bettors can also use an AMEX card to fund their Caesars betting account.
To see if there are any additional fees, you may need to refer to your cardholder agreement.
PayPal is a pretty popular e-wallet. Not only is PayPal a safe and secure payment method, but it’s one of the most efficient banking methods that an online gambler can use.
You can fund your Caesars betting account by using money from your PayPal account balance, or you can link a verified bank account and draw funds directly from there.
Luckily, you can also use PayPal as a withdrawal method. If you’ve used PayPal in the past to fund your Caesars account, then you can also use it to receive withdrawals.
PayNearMe is a suitable alternative to some of the other methods since you can make a deposit using cash.
All you need to do is select PayNearMe when you’re choosing a deposit method, enter your location, generate a barcode, and then present this code to your nearest local retailer.
The maximum that you can deposit in a day using PayNearMe is $500; the limit within a 30-day period is set to $10,000.
Skrill, just like PayPal, is a popular e-wallet that is mainly used for online transactions.
Skrill is a less popular alternative to PayPal, and that’s why very few sportsbooks allow payments via Skrill. Luckily, Caesars allows bettors to fund their betting accounts using Skrill.
To use Skrill as a payment method, you need to be in New Jersey. Your Skrill info also needs to match the info on your Caesars betting account.
You can head over to one of Caesars’ retail locations to fund your playing account by depositing cash at the cashier. You’ll need to provide details of your betting account and you may also need to provide a valid identification card.
As long as you have a checking, savings, or money market account, you can draw funds from your bank account directly to your Caesars playing account.
To do this, you’ll need to provide your routing number and your bank account number after you choose this deposit method. The bank will transfer the amount that you enter directly to your Caesars account.
Welcome bonuses are great, and that’s why many sportsbooks reward bettors with bonuses after they sign up.
In Caesars’ case, new bettors can look forward to the sportsbook’s $1,001 First Bet Match. The terms of this bonus are simple: after you sign up, you simply need to place a bet that is priced at -200 or greater, and Caesars will match the stake of your very first bet, up to $1,001!
For example, if your first wager is a $500 bet, Caesars will give you a free bet worth $500.
It doesn’t matter if you win or lose this first bet; you’ll still earn your reward. You just need to make sure that your wager is settled within thirty days and the odds of your wager aren’t less than -200.
If you want to withdraw funds from your Caesars betting account, just follow these simple steps:
Withdrawal requests may take up to 72 hours to be processed, but Caesars usually doesn’t take that long to process withdrawals. During this period, Caesars may also request that you send other documents for verification purposes.
Most withdrawal methods have a $20 minimum, but the maximum withdrawal amount will depend on the payment method that you’ve opted for.
You’ve probably set aside a certain amount, or you probably have a certain amount in mind, that is purely used to place sports bets. Essentially, this amount of money is what’s being referred to as your bankroll.
While many bettors may disregard bankroll management, it’s one of the most important elements of a successful, long-term strategy. Ask any sharp what the winning formula is—most of them will tell you it begins with bankroll management.
If you’re in this for the long haul, here are three indispensable bankroll management tips that you should always aim to follow.
Think of sports betting as a business. In a business, personal finances and business finances are always kept separate.
In our case, you should always keep your bankroll separate from your other funds. This way, tracking profits and losses will be easier for you. This will also help you resist the urge to spend money that is intended for something else.
It’s hard to control your emotions when you face the inevitable losing streak. Don’t worry, we’ve all been there.
In such situations, if sticking to the recommended unit size is an arduous task, or if your emotions are getting the better part of you and causing you to risk absurd amounts, it might be best to cool off for a couple of days.
If you want to improve your handicapping skills, we strongly recommend that you track all of your bets. You’ll be able to pinpoint your strengths and expose weak areas and habits that are a deterrent to your bankroll’s growth.
You might encounter a problem with your Caesars account, either when making a deposit or when you’re requesting a withdrawal. In such cases, you can reach Caesars’ customer support team through the following methods:
Alternatively, you can also peruse the detailed FAQ section, which should answer most of your queries.