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Gambling Sites That Accept Venmo

SAN JOSE, Calif.--(BUSINESS WIRE)--Starting this week, Venmo customers can shop on their mobile phone and make purchases at more than two million U.S. retailers via the mobile web. Venmo customers can now more easily split online purchases among friends and share payments on the Venmo feed, making it easier than ever to celebrate group experiences and remove the awkwardness that comes with cash or checks.

Venmo is a digital wallet that makes money easier for everyone from students to small businesses. More than 60 million people use the Venmo app for fast, safe, social payments. Oct 17, 2017 Just in time for the holiday season, Venmo customers can shop at millions of merchants that accept PayPal - such as Lululemon, Forever 21, and Foot Locker - using their Venmo balance or linked. Bitcoin, Bitcoin Cash, Stellar, QB Direct, and Zelle-To-Bitcoin are accepted by most sites, as are player-to-player vouchers. All of these options allow for same-day payouts on all your sports betting wins. MatchPay is a new and exciting way to initiate person-to-person transfers of account funds in an exchange-based format.

Just in time for the holiday season, Venmo customers can shop at millions of merchants that accept PayPal - such as Lululemon, Forever 21, and Foot Locker - using their Venmo balance or linked credit card, debit card, or bank account. At launch, Venmo customers will receive a notification in their Venmo app inviting them shop. Eligible purchases made with Venmo qualify for purchase protection, which may provide a full refund if customers don’t receive an item or it’s significantly different than the description.

“Offering a way to pay at millions of retailers is a major step in the evolution of Venmo,” said Bill Ready, Chief Operating Officer of PayPal. “Our vision for Venmo is to not only be the go-to app for payments between friends, but also a ubiquitous digital wallet that helps consumers spend wherever and however they want to pay, regardless of device. Through 2017 and beyond, we will continue to evolve the payments experience that has helped make Venmo a cultural staple, while also applying that same magic to split, share and pay in new ways.”

Venmo For Business

To celebrate Venmo's place in today's culture, Venmo revealed this week a new brand campaign, dubbed “_______ Me,” which celebrates Venmo’s status as a household name and reminds everyone that payments can be fun. “_______ Me” takes an irreverent approach to everyday moments in which people use Venmo. The multi-platform campaign, which runs through the end of the year, includes digital, experiential, and outdoor advertising. The new campaign was created in partnership with Zambezi and Noble People.

In addition, to provide more options to easily manage and move money, Venmo customers will soon be able to instantly transfer money from Venmo to their bank accounts via eligible debit cards, providing access to funds faster than ever before for just $0.25 per transfer. Funds will typically be available in a customer’s bank account in a matter of seconds, although some banks may take up to 30 minutes. The new option will be available to all Venmo users over the coming months. Funds in a customer’s balance are immediately available to use when shopping with Venmo, and as always, there is no charge to transfer funds directly to a customer’s bank account through the original bank transfer functionality.

Businesses can now offer Venmo as a mobile payment option through the PayPal and Braintree platforms. To learn more, visit www.venmo.com/business.

About Venmo

Betting Sites That Accept Venmo

Venmo, a service of PayPal, Inc., is a leading mobile app in the U.S. used to move money between friends and family and pay at select businesses. Venmo makes payment a fun, social experience that eliminates the awkwardness that comes with cash or checks. For more information, visit https://www.venmo.com.

About PayPal

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (Nasdaq: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal's 210 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies. For more information on PayPal, visit https://www.paypal.com/about. For PayPal financial information, visit https://investor.paypal-corp.com.

Finding the best online casinos is a task unto itself, and while we’ve put together a list of the top-rated operators so you don’t have to risk gambling with untrustworthy outfits, there is another aspect to consider when choosing the best site or sites for your needs: offshore gambling banking methods.

Every site takes a variety of payments, but due to domestic US law, some of these are less reliable than others. While every casino will ensure that your deposits and withdrawals are timely, some transactions can get caught in the red tape of the UIGEA (see below), and that means that – on occasion – depositing can be an inconvenience to navigate.

However, there are plenty of workarounds, and all the top brands in the business accept several kinds of fund transfers to help aid customers in making the process smooth and safe. Bitcoin (BTC) or other cryptocurrencies are the gold standard for offshore casino banking, but even if you don’t have any BTC or altcoins, you can easily acquire them or use alternative options. To find out which banking methods suit you, our brief guide highlights all your best bets.

Best Online Betting Sites For Easy Deposits And Fast Payouts

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US Gambling Banking Law – UIGEA

There is one US banking law that applies to offshore casinos. Or rather, it applies to US-based financial institutions (banks and credit unions) that “knowingly” transfer money used to wager at overseas betting sites. This law, the Unlawful Internet Gambling Enforcement Act (UIGEA), was passed in 2006, and it’s the reason that most online casinos and Internet sportsbooks relocated offshore in the 2000s.

While the law has a daunting name designed to discourage offshore gamblers from doing business with these sites, it does not apply to individuals or offshore casinos and sportsbooks in any way, nor does it penalize Americans from using these outlets to bet and win real money.

Instead, the UIGEA is a banking regulation, and the worst it can do is block a credit or debit card deposit from going through. Additionally, it can make receiving payouts take an extra few days. That said, the law is largely ineffectual, and you may be impacted by it just a few times over the course of your entire gambling career.

Still, if you need to get your money to your casino or sportsbook ASAP, the UIGEA can be an irritating speedbump. Just remember: You are never at risk of prosecution in any way as a result of this law, and your money will not be confiscated or your account cut off whenever the UIGEA’s automated system flags a transfer.

Deposits At Offshore Casino Sites

Most trustworthy gambling sites offer a host of ways to get your account funded. After all, these sites never extend credit, and you can only play with the money you’ve sent them.

Thus, it is always in their interest to provide you with reliable, consistent ways to fund your betting pastime. Most sites offer the following banking options for deposits:

  • Bitcoin Cash
  • Litecoin
  • Ethereum
  • Ripple
  • Zelle
  • Visa
  • Mastercard
  • American Express
  • International Visa gift cards
  • Prepaid credit cards
  • Money orders
  • Bank wires
  • Cashier’s checks
  • Person-to-Person services (Western Union, MoneyGram, etc.)

Most of these options come with differing transfer fees and deposit limits, and they also take varying amounts of time to clear. Bitcoin and card transfers go through nearly instantly (though the UIGEA can interfere with the latter very occasionally, in which case you can wait a few minutes and try again or use a different card), while options like money orders, bank wires, and cashier’s checks can take 2-5 days to show up in your online gambling account.

Generally, fees for credit card casino deposits hover around 3-9 percent, while checks, money orders, bank wires, and P2P services have fixed rates depending on the amounts you send.

Bitcoin and other cryptocurrencies are the only options that come with no added transfer fees as a matter of course, though other methods may have their fees reduced or waived depending on your player status at the casino or sportsbook in question.

Zelle Deposits Using Zelle-To-BTC Process

For USA customers, Zelle is a new banking method supported by nearly every major financial institution. This allows Zelle account holders to send money instantly to other Zelle account holders, with no added fees. The service works a lot like PayPal, Venmo, or Cash App, with the exception that it is US-only.

While this US-only status means you can’t directly use Zelle Pay to fund your offshore betting activities, you can use Zelle to rapidly purchase Bitcoin at the LocalBitcoins exchange. Instead of waiting for days or even weeks to receive your BTC like most crypto exchanges require, LocalBitcoins Zelle support allows online bettors to get their hands on Bitcoin in just a few minutes!

After that, simply send your Bitcoin to your favorite offshore betting operator, and you’re ready to gamble. By using the Zelle-Bitcoin process to top off your betting account, first-time crypto users can bypass all the red tape and lengthy waits so they can bet on their favorite markets immediately. If you’re not using this new payment option to bet online, what the Zelle are you thinking?!

Withdrawals At Offshore Casinos

Withdrawals should always be high on your list when it comes to choosing your preferred offshore betting sites. Since most operators no longer do chargebacks, credit and debit card payouts are off the table. But you can still haul in your chips from that table, because reputable operators offer a selection of the following payout methods for their customers:

  • Bitcoin
  • Altcoins
  • Money orders
  • Bank wires
  • Courier checks

As with deposits, different withdrawals come with different fee structures and transfer times. If you want immediate payouts, Bitcoin is the best, cheapest option, as there are no added fees and you can get your money stateside in just a few hours. Other options take up to a week before you get paid, and most come with transfer fees that eat into your profits.

If you can’t withdraw in Bitcoin, we recommend withdrawing via check, as most operators allow no-fee check payouts once a month or every 90 days.

Same-Day Payouts At Offshore Gambling Sites

The best online casinos that payout are the ones that do so quickly, fairly, and in full. However, most traditional banking methods do not allow for same-day withdrawals, and that’s a must if you need to get your money ASAP.

Venmo

That said, all the major offshore brands do support Bitcoin and other cryptocurrencies, and using these are the only ways you can get your winnings the same day. As such, Bitcoin offers the best online casino payouts for US players. As long as you use crypto, every major site is an instant withdrawal casino.

Bitcoin is also the only withdrawal method that comes with high limits and no added processing or transfer fees of any kind, so you can keep more of your money and build your bankroll with ease. But remember: In order to withdraw in Bitcoin, you must first deposit in Bitcoin. Party casino app.

Offshore Gambling Bonuses

Another important thing to consider with any casino or sportsbook banking suite is the bonus structure on offer. All offshore casinos sweeten the pot with voluntary first-time deposit bonuses, though a few have no deposit casino bonuses for existing players refilling their accounts. Of course, several operators do offer reload bonuses, so you can choose your site(s) accordingly.

An online betting deposit bonus works like this: You sign up, make your first deposit, and either select a bonus from a list of current promotions or enter an online casino bonus code. These are usually deposit-match bonuses.

For example, if you accept a 50% match bonus and make a deposit of $100, you will have $150 credited to your account. These come with rollover and playthrough requirements, which means that you must wager a multiple of your total credited deposit per the terms and conditions clearly stated on the promotion. Note that online poker bonuses are different from sportsbook and casino bonuses, as these do not come with rollover requirements.

The other kind of bonus popular among players is the free bet deposit bonus, which can often be claimed via so-called “no deposit casino codes.” These bonuses give new players a free “chip” with which to play, usually worth between $25 and $50, allowing you to sign up and gamble without making an initial deposit.

However, these tend to come with high rollovers, which means that you will eventually have to make a deposit and play for an extended period of time before withdrawing. These offers are usually seasonal, so they are not always available. However, all of our recommended sites have them from time to time, so you can often select from the following:

  • Bovada Casino no deposit bonus
  • Casino Max no deposit bonus
  • Lucky Red Casino no deposit bonus
  • Roaring 21 no deposit bonus
  • Café Casino no deposit bonus
  • BetOnline Casino no deposit bonus

Offshore Gambling Banking FAQs

Is every reputable offshore site a free money no deposit casino?

While every site listed above has many online banking casino options, not all of them offer no deposit bonuses regularly. As stated above, these are usually seasonal promotions, and you should always shop around between different sites if you want to take advantage, as each site will run these offers at different times of the year.

All of our recommended sites offer reliable payouts, and they’re all the best in this regard. As long as your casino payouts are guaranteed, you’re in the black!

However, the best casinos make payouts easy, and for our money, Bovada stands above the rest in that department. The site has famously never missed a payout in a decade of operation, and that’s a reputation it works extremely hard to maintain.

Still, all the operators listed here are reliable and trustworthy, and they all offer guaranteed payouts.

Unfortunately, yes, they can. This is the purpose of the UIGEA law, as explained above.

Nevertheless, you must understand that even if your credit card deposit is flagged by the UIGEA’s automated software and doesn’t go through, you are not in trouble, nor has your card been canceled or suspended.

This is simply an inconvenience, and you can best get around it by using a virtual currency like Bitcoin, as crypto is decentralized and transfers go through no governmental or banking institution.

What is the best bank account for gambling offshore?

All US banks nominally “prevent” unauthorized money transfers to offshore betting sites, but their software doesn’t catch most such transactions. As a result, there is no “best bank” when it comes to online gambling (except your own bankroll, which can be pretty great if you play your cards right).

Any bank you currently use should be mostly adequate for funding your account, and if you experience any trouble, please consider using Bitcoin.

You can acquire BTC via Zelle using an exchange called Localbitcoins.com if you don’t already own any cryptocurrency, which will allow you to get your Bitcoin and start gambling in just a few minutes.

No. Your bank may flag an offshore gambling deposit, but banks cannot actually block gambling sites. In fact, there is no US legislation that allows for blocking any offshore betting site that does business with US customers, as these sites are protected by international trade agreements, and the US itself has no jurisdiction over them.

Can I request and online casino PayPal withdrawal?

If you live in the United States, you cannot use PayPal or Venmo (or any similar instant pay service) to directly fund or withdraw from your offshore casino gambling. This is simply a matter of corporate policy.

Gambling Sites That Accept Venmo Debit Cards

However, it is possible to get Bitcoin using PayPal (though you have to jump through some hoops), which you can then use for both instant deposits and same-day withdrawals. We recommend Zelle over PayPal if you decide to go this route.

There are no US banks that knowingly allow players to fund their offshore gambling accounts. This is due to the aforementioned UIGEA.

That said, most banks don’t have the digital infrastructure to identify the vast majority of such transfers, and you are breaking no laws when you use bank wires, credit cards, debit cards, or other methods to fund your online gambling and sports betting hobbies.

Why does my account say that I have locked funds?

Occasionally, you may find that a hold has been put on your funds at your betting site of choice. While uncommon, this usually happens because a player has been identified as engaging in bonus manipulation or has otherwise been caught cheating.

Gambling Sites That Accept Venmo Debit Cards

The terms of service are very clear at all offshore casino sites, and if you play in good faith, your funds should never be locked.

Apps That Accept Venmo

In case of a dispute about locked funds (accidents happen, after all), every top-rated gambling site has 24/7 customer service to help you resolve the issue. Again, as long as you play by the rules, you have nothing to worry about, because each site sinks or swims on its reputation – and yours! – for honesty and fair play.