Most Money Won Online Gambling

Becoming the best real money online casino in Canada is not easy. The most important ingredient to success is the game selection. We partnered with 12 best game developers on the market, including NetEnt, Microgaming, Pragmatic Play, Evolution, Bally, Yggdrasil, Vivogaming, and many more! For examplle, the casino must file a W2-G if you win $1,200 or more playing slots; but only if you win $1,500 or more at keno. Thus, if you have one or more wins exceeding the reporting thrseshold, the IRS will know that you earned at least that much gambling income during the year.


Can you imagine how many gamblers have won and lost money throughout history? We’re not just talking about hundreds or even thousands of people. Hundreds of millions of people, probably even billions, have gambled something to try to win.

Almost all of these gamblers have failed. With so many to choose from, making a list of the 10 most successful gamblers in history might sound like a herculean task.

As it turns out, there are fewer success stories than you might think. Here are my picks for the 10 most successful gamblers in history.

1 – Edward Thorp

Edward Thorp is a math professor who literally wrote the book on card counting. Beat the Dealer was the first book about card counting that mathematically demonstrated that you could beat the house edge in blackjack by tracking the ratio of high cards to low cards left in the deck.

He personally used his card counting techniques in Lake Tahoe, Las Vegas, and Reno, starting with a bankroll of $10,000 provided by his friend Manny Kimmel. Their first weekend at the tables, they won $11,000.

Thorp was also one of the first card counters to use disguises to prevent casinos from backing him off.

Keep in mind that he developed these card counting techniques in 1966, when a computer less powerful than your cell phone took up an entire room in a university somewhere. There were no personal computers to rely on.

He’s also known to have won at baccarat, backgammon, and roulette, using various other advantage techniques, some of which are now illegal.

2 – Billy Walters

Most people think of Billy Walters as the most successful sports bettor in the history of sports betting in all the popular Las Vegas casinos. He’s been winning sports bets consistently for 30+ years, which is certainly enough of a winning streak that it can’t be accounted for by a “lucky streak.”

His has a true rags-to-riches story, too. He grew up poor in Kentucky, and he was (more or less) orphaned before he was two years old. His grandmother had to raise him, as his father died and his mother ran off.

But he’s not just a famous sports bettor. Walters also owns multiple businesses, including car dealerships, a golf course, and a car rental franchise.

Not everything about his story is rosy, though. He was also convicted of insider trading and is serving five years in prison.

3 – Phil Ivey

When you’ve won 10 World Series of Poker bracelets, like Phil Ivey has, you can start to stake your claim at being the best poker player in the world. According to the Wikipedia page about Ivey, multiple sources have called him the best.

I don’t even have the time to list all of his poker tournament wins. There are just too many of them.

More interesting to my readers, probably, is the tale of how Phil Ivey got involved in an edge sorting scheme to make money. In 2012, Ivey won over $11 million playing baccarat in London.

But Crockfords, the casino where he was playing, refused to pay him because they caught him using an advantage play technique called “edge sorting.” The casino called it cheating, but Ivey claims that he was just making intelligent use of an imperfection in the playing cards in use.

Ivey had a similar experience with the Borgata, too. Litigation ensued. The courts ruled in favor of the casinos, agreeing that edge sorting constitutes cheating.

Who knows what Ivey will get into next?

4 – Chris Moneymaker

You gotta love someone with the last name of Moneymaker who goes on to win the Main Event in the World Series of Poker, which is what Chris Moneymaker did in 2003. It was a huge cultural event, because he won his entry into the WSOP on the internet. This resulted in a huge influx of players to online poker sites during the so-called “poker boom.”

You can read more about Chris Moneymaker in his autobiography, Moneymaker: How an Amateur Poker Player Turned $40 into $2.5 Million at the World Series of Poker.

One interesting note about the title of his autobiography, though. Moneymaker actually bought into the satellite tournament for $86, not $40. He just misremembered the details.

Moneymaker still plays poker and has continued to rack up winnings. He’s won over $3.5 million in his career, which includes the $2.5 million from his win at the WSOP.

5 – Don Johnson

Please don’t confuse this Don Johnson with the actor, who I love, but who isn’t a gambler (at least as far as I know).

The Don Johnson I’m referring to here is a businessman and a gambler who won over $15 million playing blackjack, and he did it WITHOUT using the counting cards technique in blackjack.

His run against the three Atlantic City casinos in 2011 and 2012 is historic now. It’s important to note that even though he wasn’t counting cards, Johnson was thinking like an advantage player. He insisted on blackjack rules that gave the house a small edge of only 0.26%.

He then negotiated a loss rebate deal with the casino that turned that small edge for the casino into an edge for the player. His losses were limited, which means that he didn’t risk much money compared to his potential win. Such a move is called a “positive expectation bet.”

It would be hard to duplicate Johnson’s success, as casinos are probably more sophisticated now, thanks to his large win.

6 – The MIT Blackjack Team


While I’m on the subject of blackjack, let’s include this group of students from MIT who counted cards as a team and took the casinos for millions. The MIT Blackjack Team isn’t a new organization either. They’ve been winning money from the casinos since 1979.

They recruited new players with flyers they posted at colleges throughout the United States, but they were selective about who they admitted to the team.

Prospective teammates had to pass a test, then they were thoroughly trained. Before being allowed to play with the team’s money, they had to demonstrate perfect play for the management of the team.

Besides traditional card counting techniques, the MIT Blackjack Team uses shuffle tracking and ace tracking techniques. It’s estimated that the techniques used by the team give them an edge over the casino in the 2% to 4% range.

They did not, however, invent the concept of team play in blackjack. Ken Uston is known for starting one of the first blackjack teams.

They even made a movie about the MIT Blackjack Team. It’s called 21 and stars Kevin Spacey. It’s an extremely loose adaptation of actual events, though.

7 – Doyle Brunson

Texas Dolly, which is Doyle Brunson’s nickname, retired in 2018, but his poker exploits are legendary. I’ve read that he invented Texas hold’em, although I don’t believe that’s actually true. He’s won the World Series of Poker twice, and he’s written multiple poker books, the most famous being Super/System.

Like Phil Ivey, who’s profiled earlier on this page, Brunson has a total of 10 WSOP bracelets.

The number of people who’ve actually won the Main Event at the World Series of Poker is breathtakingly small, by the way.

Brunson is a member of a club that only includes four people.

If you’ve never read it, Super/System is definitely worth checking out, even though much of the language is dated.

8 – Stanford Wong

You’d be hard-pressed to find a better book about getting an edge at blackjack than Wong’s tome, Professional Blackjack. He owns his own publishing company, Pi Yee Press, and he’s a well-known gambling expert. Wong isn’t his real name, though, his real name is John Ferguson. He uses a pseudonym to stay one step ahead of casino security.

His last name has become a verb in the advantage play community. “Wonging” is when you count cards as an observer and don’t place a bet until you have an edge over the casino because of the count. It’s easy to understand why someone whose very name has become a verb used to describe a gambling technique would make a list of most successful gamblers in history.

9 – Richard Nixon

Richard Nixon was (obviously) a highly-flawed individual, but it’s hard to imagine leaving him off a list of most successful gamblers.

Even though he never won the World Series of Poker or any major poker tournaments, he’s a huge success story because he used his poker winnings to fund his political campaigns.

In the United States, becoming president is probably the pinnacle of success.

10 – Phil Hellmuth

My favorite poker player is Phil Hellmuth who has won 15 WSOP bracelets. His nickname is “the Poker Brat.” The first poker strategy book I ever read, in fact, was called Play Poker Like the Pros.

It wasn’t the best poker strategy book I’ve ever read, just the first, and I still credit it with giving me a fundamental understanding of starting hands in Texas hold’em and the different types of players.

He’s also made several instructional poker videos.

Most Money Won Online Gambling

My favorite thing about watching Hellmuth play is how emotional he gets. I read somewhere that he claims that he externalizes those emotions so they don’t come out in play. In other words, it only looks like he’s on tilt.

Conclusion

That’s my list of the 10 most successful gamblers in history, but you might have some gamblers you like better for your own reasons. If that’s the case, please feel free to pony up a name or two for consideration in the comments below.

Over the last several years, legal online gambling has become more popular than ever. Many states in the U.S. now offer licenses for online casinos, and others offer online sweepstakes casino games. Residents of these states have a huge variety of real money online gambling options to choose from. In fact, it can be hard to keep up with all of the choices.

Many U.S. residents can now enjoy online slots, table games, poker tables, and live dealer casinos to fill their time (and hopefully their pockets).

Below we will delve into all of the online options and what differentiates them from one another. Whether you’re new to real money online gambling or an old pro, we have information that will make your betting experience even better.

Best Online Gambling in the United States for 2021

  • Chumba Casino – Best US Online Casino For Cash Prizes – Available in all states except WA
  • LuckyLand Slots – Best Online Slots Casino For Cash Prizes – Available in all states except WA
  • Global Poker – Best Online Poker For Cash Prizes – Available in all states except WA
  • Golden Nugget Casino – Best Online Casino in Michigan
  • BetMGM Casino – Best Online Casino In NJ, PA, WV
  • FanDuel Sportsbook – Best Sportsbook For Risk-Free Bet Offer

Real Money Online Gambling In The US

There are several types of real money online gambling available in the US, but your options depend on your state of residence. Some states have legalized a large number of gambling options online. Others are still working through the process, and aren’t quite there yet. We will break it all down for you below.

Best Online Casino For Real Money 2021

Best Pennsylvania Online Casino

on DraftKings Casino's Website

Available on Web Browser, iOS & Android

States Accepted Pennsylvania, New Jersey, West Virginia

Best Pennsylvania Online Casino

DraftKings Online Casino

4.7

DraftKings Casino Review

No Deposit Offer

Just for registering!

Deposit Offer

100% up to $1,500 on Deposit

DraftKings Casino is one of the fastest-growing online casinos in the United States. DraftKings Casino has live dealer games along with many of your favorite casino games including online slots, blackjack, roulette, and more!

US Online Casino Sites

Currently, the states that have legalized online gambling are Delaware, New Jersey, Pennsylvania, and West Virginia. Delaware was the first state to legalize online gambling with New Jersey following shortly thereafter. Interestingly, New Jersey launched its online gambling sites a day before Delaware did in November 2013.

Pennsylvania threw its hat in the ring in 2017. It legalized real money online casinos to become the third state in the US. Most recently, in 2019, West Virginia joined as the fourth state to legalize online casinos. Plenty of states are working toward becoming the next.

For example, Michigan has already gone through the legalization process. However, gambling won’t officially begin until they settle on rules and regulations. Other states that may follow in Michigan’s footsteps are Indiana and New York. Indiana has seen huge revenue by introducing online sportsbooks. Meanwhile, New York likely wants to tap into the online gambling revenue that is currently going to New Jersey.

Some individuals also believe that since West Virginia has legalized online real-money gambling, other Southern states may follow suit. Similarly, some believe Michigan will inspire other states in the Midwest to jump on the bandwagon.

Every online casino has its selection of gaming options, but most offer classic games. Some of the commonly-offered games you can bet real money on include:

Some online casinos also include poker games or specialty options like lottery games, bingo, keno, and scratch cards. Others incorporate an arcade into their website with free or paid games that you can play if you want to try something new.

Best Online Sports Betting Site For 2020

Best Sportsbook For Risk-Free Bet Offer

on FanDuel's Website

Available on Web Browser, iOS & Android

Best Sportsbook For Risk-Free Bet Offer

FanDuel Sportsbook

4.9

FanDuel Sportsbook Review

Bonus Offer

Risk-Free Bet

FanDuel is one of the most top-notch online sportsbooks in the US. Available in multiple states, they offer a wide range of sports and favorable odds. FanDuel Sportsbook offers one of the best risk-free bet offers for new bettors.

US Online Sportsbooks

Sports betting is another option for real-money betting online. It revolves around sports games and matches. This is an option that many states are now offering, even those in which online casinos are illegal. Each of the states below has already legalized online sports betting:

  • Mississippi (but only when you are located on casino property)
  • Montana
  • Nevada
  • New Hampshire
  • Oregon
  • Rhode Island

Even more states are working toward legalizing online sports betting for those who want to wager on games from the comfort of their home. Washington, DC, for example, has already legalized online sports betting. However, it is working through a court injunction, which may or may not be resolved soon.

Illinois became the most recent state to launch online sports betting. Over the summer of 2020, several online sportsbooks launched, including DraftKings, FanDuel, and BetRivers. More are expected to follow suit.

In addition, Michigan has made online sports betting legal but does not yet have any operating platforms. Tennessee also falls under this umbrella since it has legalized online sports betting but has no sportsbooks yet available. In both of these cases, there will likely be online websites to wager on sports in either 2020 or 2021.

With so many states getting involves in sports betting online, it wouldn’t be surprising to see several new states jump on board in 2020. This is likely to be especially true in states that offer retail sports betting but haven’t yet gone through the process of offering online wagering. Some of the states to watch for include:

  • Arkansas
  • New Mexico
  • New York
  • North Carolina
  • Virginia
  • Washington

Basics Of Online Sports Betting

If you’re curious about what sports betting is all about, we want to share the basics with you. Essentially, online sports betting involves making wagers related to sports games. You might place a bet on a winning team, a player that you believe is going to score the most points in a match, or even a game that you predict will go into overtime.

While some states previously allowed sports betting inside casinos, others have taken this a step further by also making it possible online. The convenience of online sports betting makes it hugely popular among players. Simultaneously, it brings in significant revenue for the state.

Legal US Online Poker Sites

Just like online casinos and online sports betting, some states have made online poker available while others have not. The states that currently offer online poker are:

  • Delaware
  • Nevada
  • New Jersey
  • Pennsylvania
  • West Virginia

Some states have legalized online poker but are still in the process of introducing websites and apps for residents. Significantly, Michigan will also be introducing online poker alongside online sports betting and online casinos. It is now legal, but regulations are still in development.

You can also watch states that already have some form of legal online real-money gambling to see if they make any moves toward online poker rooms. This could include any of the following:

  • Indiana
  • Iowa
  • New Hampshire
  • Oregon
  • Rhode Island
  • Montana
  • Colorado

Of course, just because a state offers online casinos or online sports betting doesn’t mean it will also immediately offer online poker. However, if the state has shown that it is open to online gambling options, it might be more likely to consider adding poker. Doing so would bring in additional revenue.

Other states that might look into online poker after the legalization of sports betting include Virginia, Tennessee, and Illinois. However, these locations have not yet legalized online real-money casinos. The wait may be longer or may not occur at all.

It all comes down to how the government and people in the state feel about gambling as a whole, as well as the potential for it to thrive online. Feelings on gambling vary wildly from one place to another. For example, online real-money gaming is less represented in the South and the Midwest than it is on the coastal or the Northern States.

Each online poker provider will offer its own set of games along with the classics. The most popular options include Texas Hold’Em, Omaha, seven-card stud, 2-7 triple draw, and open-faced Chinese poker. However, you’ll also see other variations depending on the operator and state offering online poker games.

Best Online Casinos For Cash Prizes

Best US Online Casino

on Chumba Casino's Website

Available on Web Browser - No Download Necessary

Best US Online Casino

Chumba Casino

4.9

Chumba Casino Review

Sign-up Offer

Just for registering!

Purchase Offer

$30 gold package for $10

Chumba Casino is available in almost every state and is our editor’s choice for best US online casino. Their unique sweepstakes model gives players the ability to play their favorite online casino games and win real cash prizes.

Pros

  • 2 Sweeps Coins Free!
  • Over 100 casino games
  • Real Cash Prizes

Cons

Best US Online Slots

on LuckyLand Slots' Website

Available on Web Browser & Android

Best US Online Slots

LuckyLand Slots

4.8

LuckyLand Slots Review

Sign-up Offer

Just for registering!

Purchase Offer

$30 gold package for $4.99

LuckyLand is a favorite online casino among slot players. LuckyLand Slots allows players to win real cash prizes using the sweepstakes online casino model. LuckyLand offers over 50 unique slot games.

Which Online Casino Pays Out The Most

Pros

  • 10 Sweeps Coins Free!
  • Over 50 Slots Games
  • Real Cash Prizes

Cons

Playing At Sweepstakes Casinos For Cash Prizes

Sweepstakes casinos are different from traditional retail or online casinos. They often act as alternatives to regulated casinos or poker rooms. Sweepstakes casinos often offer a large number of games that you can legally play to win virtual currency or other prizes.

How Do Sweepstakes Casinos And Poker Sites Work?

Typically, you participate in sweepstakes casino games or poker on a website, social media platform, or an app for your smart device. To use one of these sites, you’ll sign-up by completing a registration form that will ask for your personal details. It should not ask for any financial information.

After you sign-up for a specific sweepstakes website, it will usually provide you with free virtual currency so you can start playing right away. The best sites may even offer different daily, weekly, and monthly bonuses that will make it easier to earn more virtual currency as you play more games. Some sites will also let you purchase credits if you start to run low.

How Do You Win Real Cash?

Some of the top online sweepstakes websites like Chumba Casino, Luckyland Slots, and Global Poker offer the option to play certain sweepstakes to win actual money. When using these sites, you can use items called “Sweeps Coins” and “Gold Coins” to play games like blackjack, slots, or roulette. You can play the games for free and still win cash prizes.

When you play the games on these online sweepstakes sites, you can win coins that can be redeemed for real cash. In most cases, the winnings are then wired to your bank account within three to five days. This is just one of the reasons these websites are a great alternative for those who cannot access legal online casinos in their current locations.

Since the top websites that offer sweepstakes gaming have promotions that include free coins, you can get started right away with playing games to earn real money in your bank account. There are also often progressive slot games at these websites where you can rack up lots of coins in a short period if you get lucky with your spins.

Do You Have To Deposit Money To Play?

No. When it comes to sweepstakes gaming online, there is no requirement to deposit to start using an account. If this was a requirement, the site would move from legal to illegal territory. It would fall into the category of an online casino or poker room instead of a sweepstakes website.

However, some sites offer the option to deposit money through a bank card if you want to access additional coins. What makes them different from other forms of gaming online is that they adhere to laws related to sweepstakes contests and adapt them for popular games like video poker and table games.

On the other hand, some sites do not allow deposits at all. Instead, you are given a certain amount of coins when you start playing. Winning games can provide you with extra coins that can be withdrawn as cash so you can make money playing your favorite games.

You can obtain free Sweeps Coins in many ways if you prefer to avoid spending money. Some sites have a no-deposit bonus, while others have contests and promotions on social media. All are required to provide you with Sweep Coins if you write and send them a physical letter with the request. This is part of the legality of these sites and why they differ from online casinos.

What States Can You Play From?

Most states throughout the US allow sweepstakes and contests, including those that take place online. However, some states have additional regulations on participating that you should be aware of.

  • Colorado – Prohibits any requirements to make purchases even when winners are chosen based on skill.
  • Florida – Prizes worth over $4,999 have to be registered and bonded seven days before a sweepstakes starts. Also, a list of winners must be available to anyone who requests it.
  • Maryland – Prohibits requirements to make purchases even in skill-based contests.
  • Nebraska – No purchase requirements can be in place, even if the winners are selected based on their skill.
  • New York – Prizes of $5,000 or more have to be registered and bonded 30 days before the beginning of a sweepstakes, and a list of winners needs to be provided to anyone who wants it.
  • North Dakota – Does not allow purchase requirements even when winners are chosen by their skill level.
  • Rhode Island – Retail establishments with sweepstakes prices of more than $500 must register the promotion with the state government.
  • Tennessee – Any sweepstakes prize winners are prohibited from submitting to “in perpetuity” publicity releases.
  • Texas – Rules apply to prizes of over $50,000, including not entering someone automatically into a sweepstakes based on a purchase.
  • Vermont – Doesn’t require those who want a list of winners to pay postage for that information and prohibits required purchases even for winners based on skill.
  • Virginia – Cannot require that a player visits a location to enter since this would turn a legal sweepstakes into a lottery.
  • Washington – Requires disclaimers and terms and conditions in all sweepstakes offers and prohibits unfair and deceptive practices in sweepstakes or other commerce.

Best Online Poker Site 2020

Best Online Poker For Cash Prizes

on Global Poker's Website

Available on Web Browser, iOS & Android

Best Online Poker For Cash Prizes

Global Poker Online Poker

4.6

Global Poker Review

Free Sweeps

Just Sign Up To Claim

40 Gold Coins

40 Gold Coin Package for $20

Global Poker is the world’s biggest online poker site. Operating under the sweepstakes model like Chumba Casino and LuckyLand, poker players from 49 states can play poker online for cash prizes. Global Poker offers cash games, tournaments, and sit n gos round the clock.

Playing Poker Online For Cash Prizes

Most Money Won Online Gambling In South Africa

For online poker players who don’t live in one of the handful of states that has legal online poker, sweepstakes poker is a great alternative. Global Poker offers players a similar online poker experience, which is why it’s the best online poker site in the US.

Cash games can be found at a variety of Sweeps Coins stakes. Ring game variants include both No-Limit Hold’em and Pot-Limit Omaha. Poker tournaments run 24/7. Global Poker offers the largest tournament player pool, which includes players from 49 states. Legal online poker sites only have player pools from a handful of sites.

Most interesting for online poker players is Global Poker’s weekly Sunday Scrimmage. The Sunday Scrimmage offers a prize pool of at least SC 50,000, and at times that guarantee has gone all the way up to SC 500,000. Sit N Gos and Jackpot Sit N Gos are also available at Global Poker.

Global Poker is available in almost all states that don’t permit online poker for real money. This includes:

  • California
  • Texas
  • Florida
  • New York
  • Georgia

Playing Daily Fantasy Sports For Real Money

If you live in the U.S., you’ve probably heard of daily fantasy sports. You may have heard about it from other people, seen websites, or commercials for websites and apps. Below we’ll dive into the many aspects of fantasy sports and explain exactly what it entails and means for you.

How Is Fantasy Sports Different From Sports Betting?

Fantasy sports and sports betting have plenty in common in that they require the same kind of skillset and knowledge bases to do well. Being up-to-date on sports information will give you an edge and can earn real money as well as long-term profits. Both of these types of gambling can be accessed in retail locations, as well as on websites and applications.

However, there are also many differences between the two items. For one, there is a difference between the charged commissions. Secondly, daily fantasy sports involve other players instead of bookmakers. Laws governing the two also differ from each other in many regions of the country. The laws that are associated with daily fantasy sports are much clearer in the United States than can be said for sports betting.

Someone who is experienced with sports betting might be more comfortable sticking with that. Conversely, someone else might prefer fantasy sports due to the clear legal situation. It all comes down to preference, and in some cases location, since not all states offer both fantasy sports and sports betting.

What Kind Of Fantasy Sports Contests Can I Play?

Daily fantasy sports offer a huge variety of contests in which players can partake. You can select everything from Sit N Go games, triple games, double-up games, quadruple games, head-to-head games, and quintuple-up games. However, this is only scratching the surface of the variety available, which can be overwhelming for beginners.

However, even for new players of fantasy sports online, some options are less stressful and complicated to understand. Low stakes games are the optimal place to start, as are tournaments with a large field of players, which creates a better chance of winning. As a beginner gains knowledge and experience, they can move on to the more challenging options.

On the other hand, head-to-head contests are designed for the more experienced players who don’t mind spending hours researching players and building rosters. Thankfully, the websites and apps that offer fantasy sports typically offer games that will appeal to both kinds of players, as well as those who fall somewhere in the middle.

Below are some of the most common type of games and a short description of how they work:

  • Large Tournaments – These games have a large player field and often offer huge prizes. If a player builds a winning roster, they can win a large prize. Entry fees range from a dollar to $100 depending on the provider.
  • Head-to-Head Tournaments – In this kind of game, one player competes against another player rather than competing against dozens or hundreds of other players. These tournaments are best used by experienced players who have been playing fantasy sports for a long time.
  • 50/50 or Double-Up Games – Another tournament that works well for beginners is the 50/50 since everyone in the top half of the field gets a prize. There is a reduced risk compared to head-to-head but experienced players also participate and can be hard to beat.
  • Triple, Quadruple, and Quintuple Games – These games work by challenging a player to triple, quadruple, or quintuple the initial entry fee. As an example, a quintuple game will have prizes distributed to the top fifth of the field, while a quadruple offers prizes to the top 25 percent, and so on.

Each of these contests can also be played in unique ways such as through a pre-determined bankroll, snake drafting where players take turns picking team members, and pick ‘em where users can choose up to eight athletes for any position.

What States Allow Real-Money Fantasy Sports Contests?

Unlike other forms of gambling online, real-money fantasy sports are available in the majority of the United States. Two of the largest providers of fantasy sports, DraftKings and FanDuel, give an idea of where you can play these games and where you cannot.

The states below are not allowed to engage in daily fantasy sports for real money at this time:

  • Arizona
  • Hawaii
  • Idaho
  • Louisiana
  • Montana
  • Nevada
  • Washington

The states that consider this a skill-based gaming option are more likely to make it legal. In contrast, those who consider it closer to traditional gambling are more likely to prohibit playing these games in retail or online locations.

Who Are Some Of The Leading Fantasy Sports Sites?

There are many fantasy sports sites on the market, which can make it challenging to decide which are the best to use. However, some of them are more popular than others and have a larger selection of options, which makes them ideal for beginners and experts alike. These include the following:

  • Yahoo Fantasy
  • FantasyDraft

The first two are the real leaders in fantasy sports and often include high-quality promotions and bonuses. They are also the providers who are most likely to offer the largest number of sports for you to play in whatever way you prefer to do so.

Depositing At Real-Money Online Gambling Sites

For any online site that takes real money deposits, there are various ways to get the money to the provider. Most of these providers take three or more payment types so you can enjoy online gambling, sweepstakes contests, or daily fantasy sports. Below we’ll be looking into how each of these deposit options works so you can use the method if you wish to do so.

Most Money Won Online Gambling Stocks

Using Credit Cards At Online Gaming Sites

One of the top options for depositing money at betting sites is through the use of a major credit card like a Mastercard, Visa, or American Express card. Some of the sites and apps will also allow other types of credit cards, such as DraftKings, which lets you use Discover for sports betting and fantasy sports. You’ll want to take a moment to research your available options before signing up to make sure your card is an option.

Credit cards are one of the top payment methods for many. They are highly accessible and accepted by almost any gaming site online. If you have a credit card, many people would argue that it is the best option for any betting websites or apps. However, it’s worth knowing what other options are available in case you prefer another deposit choice.

Using Debit Cards At Online Gaming Sites

The second option in a card form is using a debit card for your daily fantasy sports, gambling, sports betting, or other activities. This is another option that makes it straightforward and quick to fund an account before you start playing. Since almost all banks and credit unions offer debit cards, it’s also simple and easy for most people to get one.

In most cases, you add a debit card by signing into your account and looking for the cashier option. You’ll put in the details of the card along with personal information that can verify you are the owner of the card. Most of the time, the three-digit number on the back of your card will be required, along with the expiration date. Once you submit the information, it will be processed and can be used for future deposits.

How Prepaid Cards Work At Betting Sites

Those who want a specific card for deposits on online gaming websites can choose a prepaid card, which is offered by most major credit card companies. They have several advantages, including wide accessibility, higher anonymity compared to other deposit options, and the ability to convert physical cash into funds for gambling or gaming.

However, be sure you do some research when choosing a prepaid card for gambling sites. Some prepaid cards will not allow deposits to these sites. For that reason, these cards are a less commonly used by players. If your prepaid card doesn’t support the websites and apps on which you want to deposit money, you’ll have to find an alternative method.

Depositing With Bank Wires

Moving away from credit cards, debit cards, and prepaid cards, another option to deposit funds into a betting site is through a bank wire transfer. Most online gambling and gaming providers allow deposits to be made through bank transfers, and there are reasons to consider it. The biggest reason is that they’re very secure compared to other options.

This payment method is typically free of fees, so you won’t spend extra to enjoy your favorite sportsbooks or online casino. Additionally, bank transfers are the best option for those who make large bets since they typically allow larger deposits than any other option.

On the other hand, bank transfers can take longer to go through than other methods. The minimum deposit amount can also be higher than other choices. It also makes it nearly impossible to maintain any anonymity about your use of betting sites and mobile apps.

Making Online Deposits In-Person

The least common option for depositing to an online betting site is by doing it in-person. Many operators of these sites do not even offer the option. For those that do, you need to physically go to the website’s sponsoring casino and make a deposit in-person. While this makes sense for online casinos that are located near you, it may be counterintuitive since you have to visit the casino to deposit funds so that you can gamble from home.

Since most online real money betting sites do not have this option, we recommend checking with the operator you want to use first to see if it’s possible. If it isn’t, you’ll have to choose a different provider or use another method to deposit money into your account.

Real Money Online Betting Apps

Most legal online sports betting, gambling, sweepstakes, and fantasy sports websites also offer apps that you can use on your phone or tablet. They will likely be available for users of both Android and iOS devices.

Typically, the apps will have most of the same features as the websites, although this can vary based on the provider. You’ll also find that most of them are designed simply and have a sleek interface that is exciting to use. If you prefer gaming on your phone to using a laptop, you shouldn’t have any issues finding mobile apps to make that a possibility.

US Online Gambling For Real Money – FAQs

Why did a legal online betting site decline my credit card?

There are several reasons why this can happen. It could be because you didn’t enter the correct card number, expiration date, or other information. It might also be based on the fact that many banks reject deposits to known gambling sites to avoid problems with the Unlawful Internet Gambling Enforcement Act. If your bank prohibits the use of these sites, you may need to deposit in another way.

Why do legal online betting sites ask for my SSN?

This is based on laws and regulations that require casinos and many other businesses to report any transaction over $5,000 to the IRS. To ensure the casino or other betting site has the information to report the transaction, having your social security number is crucial. The Bank Secrecy Act of 1970 requires this in order to prevent money laundering.

Do legal online betting sites offer mobile apps?

Yes, in many cases, they do. The legitimate online betting sites typically have a website optimized for desktop. They will also have mobile apps available for both Android and iOS devices. However, there are exceptions to the rule, so it’s best to check the offerings on your preferred betting site. Find out if the site you want to use has an app and whether it works with the devices you own.

There are several ways to determine whether a site is legal or illegal. The first is to check the laws to see if online betting is allowed in your location. If not, all the betting sites are likely to be illegal. However, even if betting is legal in your state, that doesn’t mean every site is. Most of the time, legal sites will have a casino or other organization in the state as a partner. You can check for these things when deciding whether to use a site.

Do any real money gambling sites let me play for free?

Some do, while some do not. There are sites that only offer free gambling, others that only offer gambling with real money, and some that have a little of both available. However, most real money gambling sites do require a deposit and focus more on paid games than free ones. Make sure you know what the site offers before you start using it to ensure you’re satisfied with the results.