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Online banking betting sites in Indiana

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Since Indiana legalized online sports betting, the sportsbook industry has grown impressively. Now, Indiana players can enjoy an array of different sportsbooks all offering a variety of different features, sports, and bets. However, this can make it a bit difficult to choose which place to play at. So, one of the features we recommend focusing on is payment methods.

It’s always a good idea to pick a betting site that offers the payment method you like to use. If online banking is your preferred method, then you’re in luck. There are a large number of online banking betting sites in Indiana for you to choose from. We’re going to take a quick look at how you can get started using online banking in IN.

Making a deposit at Indiana sportsbooks with your online banking account

For those of you who want to use online banking sportsbooks in Indiana, we’re here to help get you started. To speed you on your way, here is our simple step-by-step guide to getting you signed up and depositing with online banking in no time at all:

  1. Become a member of a sportsbook in Indiana – First, you must choose one of Indiana’s online banking betting sites. We have a full list of the best sites for you to join right here. Make sure you choose a betting site from our list, as we also check that these sites have great betting options, a range of sports, and are fully licensed and regulated within Indiana. To become a member of the sportsbook, you will need to click on the register button and fill out the form provided. This means including your name, address, email, DOB, SSN, and so on. Once you have confirmed and verified your account, it will become active.
  2. Use online banking to make a deposit – Go to the banking section to start the deposit process in your account. You will need to select online banking from the payment methods offered, and this will start the process.
  3. Choose your bank from the list of options – The next step is to choose your bank from the list. Make sure your bank allows payments directly to and from betting sites. Otherwise, you will not be able to make the online banking transfer. You will need to find an alternative payment method if your bank is not listed.
  4. Payment must be verified – Type in the amount you would like to deposit to your sportsbook account. Then, you will need to input all your banking details and verify that it’s you making the transaction. Depending on your bank, you will have different verification protocols to go through. This may be a text with a code sent to your cellphone that you need to input or the use of biometric ID through your bank’s app. Once you have completed these steps, the deposit will go ahead.
  5. Start playing. After all the security is completed, deposits are usually instant. This means you can start placing your bets and enjoying the sportsbook right away.

Online banking withdrawals from Indiana betting sites

So, you’ve placed a bet and won, now it’s time actually to claim that cash. Doing so with online banking is very straightforward, just follow these steps, and your winnings will be in your account securely and swiftly:

  1. To withdraw money, go to the cashier’s section. With a win under your belt, just log in to your IN gambling account and go to the banking section. You will need to select online banking to start the withdrawal process.
  2. Using online banking, you can withdraw your funds. Click on online banking so that the next step can begin.
  3. From the list, select your bank. Choose your bank from the dropdown menu provided. If you have made a deposit using this bank, you will know that it is there for you to use again.
  4. The required information must be filled out. As with deposits, you will need to input all your banking details, including your account number and so on. Make sure you type these in correctly. Otherwise, your withdrawal will not be processed.
  5. Enter the withdrawal amount. Type in the amount you want to withdraw. Make sure that the amount you are requesting is eligible for withdrawal. For instance, if you have used a bonus, wagering requirements may be attached. You will need to ensure that you’ve met these requirements; otherwise, the sportsbook will not allow the withdrawal to take place.
  6. Click Confirm. Confirm the withdrawal and follow any steps from your bank to verify that this is you making the withdrawal request. As your bank will have a lot of internal security protocols to go through, do not expect the withdrawal instantly. Additionally, most online banking betting sites in Indiana also have pending periods in place, which can vary across sites. Usually, you can expect to get your online banking withdrawal within 3 to 5 days, though it can be longer.

Common alternatives to online banking at Indiana sportsbooks

While online banking sports betting apps in IN are very popular, you might be put off by the slow withdrawal times this payment method offers. If you’re looking for something a little bit speedier in that area, then there are some other alternatives to online banking for you to consider right here:

  • Visa sportsbooks in IN: One of the most popular payment options in the world, Visa has garnered a stellar international reputation. It’s available on almost all Indiana sportsbooks and is incredibly easy to use. On top of that, this payment option has really strong security protocols in place, so it’s unlikely that someone else will get your details and make payments on your behalf. While faster than bank transfers, it’s still not the fastest withdrawal option and can still take up to 3 days to process.
  • MasterCard sportsbooks in IN: In terms of security, MasterCard is right up there with the best. In fact, it’s arguably top of the pile here. It’s also got a trustworthy reputation, thanks to its longevity in the industry. You can make both deposits and withdrawals with MasterCard, though some sites don’t allow withdrawals which can be a pain. Additionally, some banks refuse to authorize MasterCard transactions to online betting sites.
  • Play+ sportsbooks in IN: This is a great alternative to the credit and debit card payments out there, especially if your bank doesn’t allow direct transfers to betting sites. If this is the case, Play+ is a prepaid card option that you can fund using your bank account. It then works just like a regular card payment does. All you need to do is input the 16-digit card number and make the transaction. It’s also very secure and available for withdrawals.
  • Discover Card sportsbooks in IN: Somewhat lesser-known than the other card payments on this list, it nevertheless offers an excellent payment option. It’s also available at a growing number of online sportsbooks, though it’s still not quite as accessible as others. Also, it’s super secure and can be used for deposits and withdrawals. Additionally, it’s linked to Play+, which can make things a lot easier if you want to switch between the two.
  • American Express sportsbooks in IN: Amex is widely used as an online payment throughout the US. However, it’s had a much slower acceptance when it comes to payments on betting sites. In fact, the company didn’t permit betting site payments for a while. However, it is now available at a growing number of sportsbooks. And, like MasterCard and Visa, it offers a highly secure payment method for both deposits and withdrawals.

FAQ

Is online banking a safe payment method at IN sportsbooks?

Yes, online banking is a safe payment option at IN betting sites. In fact, it's one of the safest methods out there as it is operated by the banks themselves. They have super strict protocols to ensure you have authorized any payments that come through.

Are deposits instant with online banking at Indiana betting sites?

Yes, deposits are instant when you use online banking at IN sites. This is because the security steps can be met very quickly so that you can get playing right away. They may be slightly slower than others, but you're still going to fund your account within minutes.

Can I make withdrawals with online banking at IN betting sites?

Yes, you can withdraw using online banking betting sites in Indiana. However, withdrawals are always a lot slower when it comes to this payment method. And this is because there is a pending period from the sportsbook and a number of strict internal security protocols from your bank's end of things. Usually, you can expect an online banking withdrawal to take anywhere from three to five days.