Written by:
Alex Windsor
Fact checked by:
Damjan Jugovic Spajic
Updated:
June 28, 2024

Sports Betting Sites That Accept Prepaid Cards

Sports Betting Sites That Accept Prepaid Cards

If having financial control and budgeting are at the top of your priority list, prepaid cards might be just what you’re looking for.

The main advantage of using any type of prepaid card is the fact that they’re not directly linked to a bank account, and you can’t overspend. Also, there’s an added layer of security because you’re not sharing sensitive banking information with third parties.

Prepaid cards allow you to have complete control over your finances, and they’re easy and convenient to use – and that’s exactly why they’re used as a payment option among sports bettors as well.

From Mastercard and Visa prepaid cards to Play+ Discover cards and prepaid gift cards – US sportsbooks have many prepaid card options that can be used for both depositing and withdrawing money from your online betting account. In this guide, we’ll point out the advantages and disadvantages of using this payment method, explain how to use a prepaid card, and list the best US sportsbooks that accept prepaid cards.

How Prepaid Card Online Betting Works in the US

Although they’re a widely used payment method that can be used to purchase all types of goods, prepaid cards were invented as a modern solution to replace coins used in payphones. Now, the term ‘prepaid card’ is used as an umbrella term that describes all types of cards, vouchers, e-vouchers, or coupons that can be bought or topped up either online or in a convenience store and can later be used to purchase other goods.

They’re also widely available at most legal online sportsbooks, especially for sports betting deposits. The way it works is simple: you just enter the number on the card and the amount you want to deposit, and you confirm the transaction. As long as you have the amount on your card, the transaction usually goes smoothly and quickly. Keep in mind that not all sportsbooks accept all types of prepaid cards, though. There are different types of prepaid cards, including reloadable prepaid cards, gift cards, vouchers, and virtual prepaid cards, and they all work differently.

PayNearMe and Play+ are two of the most widely accepted prepaid cards, and in the case of Play+, you can even withdraw to your Discover card. However, if you want to use a standard gift card, or you want to gift it to someone, make sure that sportsbooks accept it as a payment method. Unfortunately, many popular gift cards don’t allow for transactions to be made to online wagering sites – so choose carefully.

Best Prepaid Cards for Online Betting

The online betting industry is expanding daily, and sportsbook operators are expanding their lists of available payment methods with it. Check out some of the best prepaid cards that you can use for online betting:

Online Betting Sites Accepting Prepaid Cards

DraftKings Sportsbook

4.8/5
  • Minimum deposit $5
  • Sleek and easy-to-use user interface
  • Plethora of betting options
  • Range of regular promotions
  • Limited withdrawal options
  • Needs a better rewards system
Bet $5, Get $150 In Bonus Bets
Play Now

FanDuel Sportsbook

4.7/5
  • Minimum deposit $10
  • Vast coverage of sporting markets
  • Supports ewallets & traditional payment methods
  • Promotions are kept exciting
  • App layout is a bit cramped
  • No NFL live streaming
Bet $5, Get $200 In Bonus Bets
Play Now

Prepaid cards may not be the most popular payment method out there. Still, many bettors prefer to stay anonymous and have complete control over their finances, knowing that they can’t overspend. To help you make more informed decisions, we’ve curated a list of the best legal sportsbooks in the US that accept prepaid cards.

🥇BetRivers – Second Chance Bet of up to $250

Although somewhat new to the US market, BetRivers has built quite the reputation – both for its impeccable customer support and the excellent user experience. At first glance, it seems like BetRivers covers all the important aspects. It has a stellar betting offering with thousands of betting markets, a top-notch loyalty program, and competitive odds.


What’s more, the list of deposit and withdrawal methods is on par with the best US sportsbooks. It accepts a variety of payment methods, including popular prepaid cards. It has its own branded BetRivers Play+ card, which can be used for both deposits and withdrawals, and the minimum deposit is just $10. Also, bettors can use the PayNearMe and Vanilla prepaid cards, as well as Visa and Mastercard electronic gift cards. Keep in mind, though, that these options are only available for depositing funds.

The promotional page is another highlight of this sportsbook, with several ongoing offers for both new users and regulars. The welcome bonus is $250 in bonus bets if your first bet loses, with a minimum qualifying wager of $10.

✅Pros:

❌Cons:

🥈Fanatics – Up to $200 in FanCash

Fanatics is one of the newest sportsbooks to hit the US market and is currently available in Kentucky, Maryland, Massachusetts, Ohio, Tennessee, Virginia, and West Virginia. The brand is best known for its lucrative merchandising deals with every major league in the US, and it now entered the sports betting world.

Although Fanatics is still not up to par with some of the best sportsbooks in the country when it comes to betting variety and sports offerings, such as DraftKings or FanDuel, for example, it has a few aces up its sleeve. Namely, it’s the only sportsbook that offers a FanCash prepaid card – which is available for both deposits and withdrawals and can be used to purchase goods from the Fanatics store. The FanCash Rewards card also provides 6% cashback for every purchase made with it, including betting credits.

Other payment methods include standard options such as Venmo, PayPal, Mastercard, Visa, and online banking. The welcome bonus comes in the form of FanCash credits that can be used for betting or to purchase merchandise from the Fanatics store, and it’s only available for new customers.

✅Pros:

❌Cons:

🥉Unibet – $50 Second Chance Bet for New Users

Launched in 1997, Unibet is one of the ‘big players’ in the sports betting world. Following its massive success in Europe, Unibet launched in the US, where it operates in 5 states with plans to expand in more states soon.

It offers a stellar betting experience with excellent sports coverage and competitive odds. Unibet covers more soccer leagues and competitions than any other US sportsbook, and it has unique betting types that cannot be found elsewhere.

When it comes to funding your account, you can use various payment options, including prepaid cards. Unibet has its own Unibet Play+ prepaid card that can be used for both deposits and withdrawals, with a minimum deposit of $10. Play+ deposits are instant, while withdrawals are processed within 2 hours.

The welcome bonus is not the most generous one out there, offering $50 in the form of a second chance bet if your first real money bet loses. Thankfully, there are other promotions to make up for it.

✅Pros:

❌Cons:

🎖️DraftKings – Bet $5 Get $150 Instantly

DraftKings has become the go-to sportsbook for millions of bettors across the country – and there’s a good reason for it. The platform has one of the most complete offerings among all US sportsbooks: it offers a massive betting portfolio with competitive odds, the lowest minimum deposit and withdrawal, a generous welcome bonus, a plethora of payment options, and an exceptional betting app. What more could you ask for?

Speaking of minimum deposit, bettors can use several prepaid card options at DraftKings to make a deposit. The operator has its own branded DraftKings Play+ prepaid card that can be used for both deposits and withdrawals, but other options include electronic gift cards, vouchers, PayNearMe, Mastercard and Visa gift cards, Vanilla, GameOn, and more.

The welcome bonus offers $150 in bonus bets with a minimum deposit of just $5, and there are many ongoing promotions for existing users as well.

✅Pros:

❌Cons:

DraftKings Sportsbook

4.8/5
  • Minimum deposit $5
  • Sleek and easy-to-use user interface
  • Plethora of betting options
  • Range of regular promotions
  • Limited withdrawal options
  • Needs a better rewards system
Bet $5, Get $150 In Bonus Bets
Play Now

🏅FanDuel – Bet $5 Get $150 for New Customers

FanDuel has emerged as the largest US sportsbook in all measurable aspects. What started out as a Daily Fantasy Sports platform has become the brand that has had the biggest influence on the legal US online sports betting market. It offers a competitive platform in all aspects and a truly enjoyable betting experience.

The market coverage is on par with the best sportsbooks in the country, and you can bet on any popular sport, league, or tournament you can think of. And when you want to top up your account, you can use plenty of payment options, including several prepaid cards. The FanDuel Play+ Prepaid card is a great choice if you want to be able to withdraw your winnings to your prepaid card, but you can also use other options such as PayNearMe, gift cards, vouchers, and GreenDot Moneypak.

If you haven’t registered with FanDuel yet, you can claim the welcome bonus that offers $150 in bonus bets if you make a qualifying wager of just $5.

✅Pros:

❌Cons:

FanDuel Sportsbook

4.7/5
  • Minimum deposit $10
  • Vast coverage of sporting markets
  • Supports ewallets & traditional payment methods
  • Promotions are kept exciting
  • App layout is a bit cramped
  • No NFL live streaming
Bet $5, Get $200 In Bonus Bets
Play Now

Why We Selected These Prepaid Card Betting Sites

Many US sportsbooks allow their users to deposit via a prepaid card, but not all of them are equally good. Our expert team leaves no stone unturned when examining US sportsbooks in an attempt to bring you only the best options for your preferences. These are the criteria that we followed to select these prepaid card sportsbooks:

How to Deposit with Prepaid Cards at Online Betting Sites

To deposit with a prepaid card to your betting account, you first need to buy one or top-up a reloadable gift card. For example, if you have a reloadable Visa prepaid card for betting, you need to top up your Visa prepaid balance with your bank account or PayPal. Then, you can use the prepaid card like any other card.

In the case of PayNearMe, you should first confirm your deposit to the sportsbook you want to deposit to, and then visit the nearest PayNearMe vendor (most 7-Eleven, CVS Pharmacy, and Dollar Store outlets, as well as many gas stations work with PayNearMe), and pay for your deposit in cash. So, different prepaid cards work differently, but the most important steps you need to take are:

  1. Register to the sportsbook of your preference. You’ll be required to provide personal information such as your name, phone number, address, and SSN to complete the registration process.
  2. Visit the Cashier section and click on Deposit.
  3. Select the payment method you intend to use. (for example, if you’re depositing via a Play+ Prepaid card, select Play+ as your payment method).
  4. Enter the amount you want to deposit.
  5. Enter your prepaid card’s details.
  6. Complete the transaction.

Deposits are usually processed instantly, so you should have your money in your betting account within a few minutes.

Prepaid Card Minimum and Maximum Deposit Limits

The minimum deposit usually depends on the sportsbook operator, and not the payment method. In the case of prepaid cards, sportsbooks usually allow for a minimum deposit of $10 or more to be made. The maximum deposit limits also depend on the sportsbooks, but the standard Play+ limit is $2,000 per day.

How to Withdraw From Prepaid Card Betting Sites

Due to their nature, prepaid cards are usually not available for withdrawals. In fact, you can’t use any prepaid card for a withdrawal except Play+ and Fanatics’ FanCash card. So, if you deposited with a prepaid card, you should be prepared to choose another withdrawal method.

Editor’s Note: Most bettors choose to withdraw their winnings to a PayPal account. It’s a fast, secure, and convenient e-wallet that doesn’t require you to provide your bank account details to the sportsbook operator.

Keep in mind that you’re only able to withdraw to a Play+ prepaid card if you used the same method for depositing. Once you’re sure you’re eligible for a Play+ withdrawal, the process is very simple.

  1. Open the Cashier section and select Withdrawals or Cash out
  2. Select Play+ from the list of available payment methods
  3. Enter the amount you want to withdraw
  4. Confirm the transaction

The money will be transferred to your Play+ card. Then, if you want to transfer them to your bank account, you should:

  1. Open the Play+ website
  2. Head to Transfers and click on Card to Bank
  3. Choose the bank account that you want to transfer your funds to
  4. Enter the amount you want to transfer

Withdrawal Processing Times

As all other prepaid card options are deposit-only, we’ll talk about the processing times when withdrawing with a Play+ prepaid card. Depending on the sportsbook, the process usually takes from less than an hour to a few hours for the money to hit your Play+ card.

Fees and Charges when Betting with Prepaid Cards

Although most US sportsbook operators don’t charge any fees on deposits, prepaid cards often do. Some prepaid cards charge an activation fee, while others charge monthly fees or transaction fees. For example, Visa prepaid charges a 6% transaction fee – which might not seem like a lot, but many other payment methods don’t charge any fees.


While Play+ doesn’t charge any fees for deposits, you’ll have to pay a transaction fee when transferring your money from your Play+ account to your bank account.

Tips for Managing Your Bankroll at Prepaid Card Betting Sites

We always advise bettors to be smart when betting online. But what does this mean? It means you shouldn’t make uninformed decisions and, most importantly, practice good bankroll management. Here are a few tips on how to go about it:

Pros and Cons of Using Prepaid Cards for Online Betting

✅Pros ❌Cons
Great for bankroll managementPrepaid card withdrawals are not available (except with Play+ prepaid card)
Most prepaid card deposits are instantThe fees are higher when compared to other payment methods
You can buy a prepaid card at any convenience storeNot all prepaid cards are accepted at all sportsbooks
You don’t have to share your banking information with the sportsbook

Alternatives for Betting in the US

Even though using a prepaid card has some advantages over other payment methods, they’re still relatively unpopular. The main disadvantage is you can’t withdraw to a prepaid card, so you have to look for another payment option when requesting a cashout. These are some of the best alternatives to prepaid cards:

FAQs

  • Can I deposit to an online sportsbook by using a Visa gift card?
    Yes, Visa gift cards are accepted by many US sportsbooks, including DraftKings and FanDuel. Keep in mind, however, that you’ll have to look for an alternative withdrawal method, because you can’t withdraw to a prepaid card.
  • What are the best prepaid cards for online gambling?
    Play+ is the best prepaid card for online gambling, solely because it allows you to withdraw to your Play+ account and then transfer your funds to your bank account. Other good options include electronic gift cards, Visa and Mastercard prepaid cards, and PayNearMe.
  • Can I use prepaid cards for withdrawals?
    In most cases, no. Although you can withdraw to your Play+ card or your FanCash Fanatics card, most prepaid cards are one-way-only payment methods, which means that you’ll have to look for an alternative payment method to cash out.
  • Can I use a reloadable prepaid card at US sportsbooks?
    Yes, you can. If you have a reloadable prepaid Visa card, Mastercard, American Express, Discover, or any other type of prepaid card that’s accepted at US sportsbooks, you will be able to use it to deposit funds to your betting account.
AUTHOR
Alex Windsor

Alex is the Head of Content here at Minimum Deposit Betting Sites, leveraging his immense experience in the sports betting and iGaming industry to steer the boat and make sure all of our content is up to par and of the best possible quality.