SPORTSBOOK PAYMENT METHODS: PREPAID CARDS
Prepaid cards have become one of the most common deposit methods at online sportsbooks. They’re simple, widely accepted, and don’t require sharing your bank account or credit card details. For a lot of bettors, that extra privacy and control is the real draw.
Whether it’s a prepaid gift card from the store or a branded option tied to a specific book, these cards give you a straightforward way to put in money into your sportsbook account. You load what you want to spend, use it, and that’s it. No links to your checking account, no extra banking information floating around.
TOP-RATED ONLINE SPORTSBOOKS THAT ACCEPT PREPAID CARDS
Around 30 betting sites now run legally in the U.S., and most sportsbooks accept prepaid cards as a deposit option. Some even tie them into deposit bonuses or promos when you enter a promo code!
Here’s a quick look at the major players:
P.S: Promos change by state, so confirm in the app and look for an eligible promo code before you deposit money, especially in OH, PA, TN, VA, etc.
WHERE YOU CAN USE PREPAID CARDS FOR ONLINE BETTING
Prepaid card use in the U.S. keeps climbing, and sportsbooks are no exception. Analysts expect prepaid card transactions to top $4 trillion by 2030, and betting sites are a small but growing slice of that.
We checked more than a dozen online sportsbooks, and every single one accepted prepaid card deposits. Some allow standard store-bought prepaid Visa cards or even Mastercard, while others push their own branded prepaid cards with higher limits and extra flexibility. Either way, prepaid cards are now a fixture across nearly all betting sites.
BET365 SPORTSBOOK
Updated on 10/31/25
bet365 supports prepaid Visa cards, Mastercard, and American Express. On the site, deposits can reach up to $30,000 if you’re using a credit or debit card. Prepaid cards, however, come with their own load limits set by the card issuer. In practice, most prepaid cards won’t allow more than $5,000 to be loaded, so even though the sportsbook allows higher, the prepaid cap is usually much lower.
FANATICS SPORTSBOOK
Updated on 10/31/25
Fanatics accepts debit cards prepaid, gift cards, and its own branded Fanatics prepaid card. The branded card isn’t reloadable, with deposit limits running between $10 and $500.
It’s also worth noting that many prepaid gift cards top out at $250-$500. On top of that, you can’t stack multiple prepaid cards in a single transaction. If you’ve got two cards, you’ll need to split them into separate deposits.
BETMGM SPORTSBOOK
Updated on 10/31/25
At BetMGM, prepaid deposits function the same as any other method, with your limit tied to the card you’re using. The difference is the BetMGM Play+ card, which opens things up with much higher thresholds than standard prepaid options. With Play+, you can deposit up to $2,000 daily, $4,500 weekly, and $10,000 monthly, with a maximum balance of $25,000 on the card.
CAESARS SPORTSBOOK
Updated on 10/31/25
Caesars handles prepaid cards much like BetMGM. Regular prepaid cards are bound by their issuer’s load limits, but Caesars also offers its own prepaid card. For higher rollers, there’s even a VIP version with account balances allowed up to $100,000, far beyond what you’ll find with, for example, prepaid visa gift cards.
DRAFTKINGS SPORTSBOOK
Updated on 10/31/25
DraftKings supports “gift card” deposits. Think of them like prepaid cards you pick up in-store and can use to fund your account. If you want a smoother path for deposits and cash-outs, the DraftKings Play+ operator card is your go-to. It handles both ends and lets you pull winnings within about 24 hours. Deposit limits via Play+ are roughly $2,000 per day, $4,500 weekly, and $10,000 monthly, which is decent if you’re running bigger bets
FANDUEL SPORTSBOOK
FanDuel accepts store-bought prepaid or gift cards, just check the fine print as some types may be blocked. It also has an operator card via Play+, and with that, you can both deposit and withdraw the same way: via app or to an ATM. The VIP version lets you load up to $10,000 daily and functions like a Discover card at ATMs or retail outlets.
USING PREPAID CARDS TO DEPOSIT AND WITHDRAW AT SPORTSBOOKS
Prepaid cards are widely accepted for sportsbook deposits, and in some cases, they’ll work for withdrawals too. A prepaid card like a Visa, Mastercard, or American Express can get money into your account quickly, but those standard cards don’t allow withdrawals.
If you want to move funds both ways, you’ll need a branded option like a Play+ card from BetMGM, DraftKings, or FanDuel.
DEPOSITS: STRAIGHTFORWARD AND FAST
Loading a prepaid card and depositing to your sportsbook account is about as quick as it gets. You skip the extra step of linking a bank account, and deposits usually land right away. The main thing to keep in mind is the card’s load limit: even if a sportsbook allows big deposits, most prepaid cards cap you at a much lower number.
WITHDRAWALS: LIMITED FOR MOST, FLEXIBLE FOR BRANDED
This is where the difference between generic prepaid cards and branded prepaid cards really matters. Money can’t be pushed back onto a prepaid Visa card or Mastercard, which means you’ll need to cash out another way, like an online banking transfer.
With sportsbook-issued prepaid cards, it’s a different story. Play+ programs at BetMGM, Caesars Sportsbook, DraftKings, and FanDuel let you deposit and withdraw on the same card. You can even use the card at ATMs once your winnings are on it. For anyone who prefers a prepaid option that works both ways, these operator cards are the most flexible.
FEES TO WATCH
Prepaid cards aren’t "fee-free". Depending on the card, you might see:
- Monthly maintenance charges even if the card sits unused.
- One-time activation or online purchase fees when you buy it.
- Reload fees if you’re topping up a reloadable prepaid card, often anywhere from $0–$10.
- ATM fees if you try to pull cash or even check your balance.
If you’re just using a prepaid gift card here and there, these costs are minor. But if prepaid card deposits are your go-to deposit method, the fees can add up.
SPORTSBOOKS THAT ACCEPT PREPAID CARDS: WHAT TO EXPECT
At this point, it’s harder to find a sportsbook where prepaid cards accepted are a rarity. Almost every major operator lets you load your account with a prepaid Visa, Mastercard, or gift card. If you’re using a sportsbook-issued card like Play+, you can even handle withdrawals on the same card.
Deposit bonuses are another thing to keep in mind. Luckily, using prepaid card deposits doesn’t disqualify you. As long as you enter an eligible promo code, you’ll get the same offers as anyone depositing with debit cards, bank transfers, or other methods.
SAFETY AND LICENSING
Licensed online sportsbooks use SSL encryption to protect every transaction, and prepaid card deposits benefit from the same security setup. For bettors who’d rather not share sensitive information or bank account details, prepaid options add peace of mind without sacrificing convenience.
BONUS OFFERS
Your payment method doesn’t determine your access to promos. Sports bettors using prepaid gift cards, debit cards, or online banking all qualify for the same deals. A few current examples:
- FanDuel Sportsbook:
- Caesars Sportsbook:
- bet365:
None of these are exclusive to prepaid users, but they’re fully available if you prefer funding your sports betting account that way.
PREPAID CARD BETTING APPS THAT ACTUALLY WORK
Every sportsbook we tested supported prepaid card deposits. FanDuel, Caesars, and Fanatics stood out for making the process smooth and reliable, but most sportsbooks handle it without issues.
The “best” option often just comes down to which app you already use, which promos fit your style, and your preferred payment method.
PROS AND CONS OF USING PREPAID CARDS TO BET
Prepaid cards have moved from being a backup option to a regular way of funding online betting accounts. They’re simple, and because you load them ahead of time, they act like a built-in budget cap.
One clear upside is accessibility. You don’t need a bank account or to hand over credit card details to get started. A prepaid gift card or a Visa prepaid card works just like debit cards or bank transfers for deposits, which makes online sports betting more open to a wider range of players. Some operators even sell branded cards you can pick up in stores (like the DraftKings gift card) giving bettors another way to fund a sportsbook account without linking extra banking information.
On the other side, withdrawals are limited. Unless you’re using a sportsbook-issued option like Play+, you can’t move funds back to the same card. Cashing out means switching to another payment method. Fees can also pile up: monthly charges, reload costs, and ATM fees are common. Plus, most prepaid cards cap deposits at lower levels than traditional methods.
WHAT WORKS
- Simple to use
- Accepted at most betting sites
- No bank account needed to deposit money
- Adds privacy and security
- Helps keep betting within a budget
WHAT DOESN’T
- No withdrawals to standard Visa prepaid cards or Mastercard
- Deposit limits vary and are often lower than other methods
- Monthly or reload fees on some cards
- Certain prepaid cards aren’t approved for gambling, so always check the terms
RESPONSIBLE GAMBLING TOOLS ON YOUR SPORTS BETTING ACCOUNT
Prepaid cards can help you stick to a number. You load a specific amount, you bet with it, and you’re done until you choose to reload. Because they aren’t tied to your bank account or checking account, it’s easier to keep your online gambling account on a budget you set in advance.
This kind of built-in cap also lines up with responsible gambling practices: clear limits, clean tracking, and no way to spend beyond what you’ve already loaded. If you want tighter control over your play, prepaid cards fit the bill.
FINAL THOUGHTS: SPORTSBOOK PAYMENT METHODS PREPAID CARDS
Prepaid cards give sports bettors a simple way to deposit funds without handing over bank account or credit card details. They’re convenient, add a layer of privacy, and double as a built-in budget cap. The tradeoff comes at cash-out time: standard prepaid Visa or gift cards don’t accept withdrawals, so you’ll need to use bank transfers or switch to a sportsbook-issued option like Play+.
If you want deposits and withdrawals to run through the same card, branded prepaid cards are the better fit. For players focused on tighter control of spending, prepaid cards keep a sports betting account within limits you set. For faster payouts, online banking may be the way to go.
Either way, the tools are there. It’s just about picking the payment method that matches how you bet.
SPORTSBOOK PAYMENT METHODS: PREPAID CARDS FAQS
CAN I WITHDRAW MONEY WITH PREPAID CARDS?
Not with a standard prepaid Visa card, Mastercard, or American Express. Those work for deposits only. To withdraw funds, you’ll need one of the branded prepaid cards tied to a sportsbook, like Play+ from BetMGM, DraftKings, FanDuel, or Caesars. Those operator cards let you deposit and cash out on the same card, and you can move winnings to your bank account or even hit an ATM. Always check the withdrawal section inside your sports betting account, since rules shift by operator.
DO ONLINE SPORTSBOOKS ACCEPT PREPAID CARDS?
Yep, most online sportsbooks take prepaid cards as a deposit method. That includes prepaid gift cards like Visa or Mastercard, along with branded prepaid cards such as Play+. DraftKings also accepts its own gift card. FanDuel, Fanatics, and Caesars Sportsbook all allow prepaid card deposits too. If prepaid card deposits are your go-to payment method, you’ll find prepaid cards accepted across nearly every major betting site.
IS THERE A MAXIMUM DEPOSIT LIMIT FOR SPORTSBOOK PAYMENT METHODS PREPAID CARDS?
Yes, but it’s less about the sportsbook and more about the card. Generic prepaid gift cards usually cap around $250-$500 per load, with some going as high as $1,000. A reloadable prepaid card like a prepaid Visa can stretch higher, sometimes up to $5,000.
Branded-specific prepaid cards are where limits really open up: Play+ programs at BetMGM or DraftKings allow deposits of about $2,000 daily, $4,500 weekly, and $10,000 monthly. Caesars even has a VIP option with much higher ceilings. In short, deposit limits change depending on the card and, in some states, local rules.
DO PREPAID CARDS QUALIFY FOR DEPOSIT BONUSES ON ONLINE GAMBLING SITES?
Yes. Using a prepaid card doesn’t block online sportsbook accounts from welcome offers, deposit bonuses, or bonus bets. As long as you enter a promo code, you’ll see the same deals as people using debit cards, bank transfers, or other options. Just double-check the promo terms in your state (OH, PA, TN, VA, etc.) since offers can differ by location.
CAN I USE MULTIPLE PREPAID CARDS ON THE SAME SPORTSBOOK ACCOUNT?
You can use more than one card to load your sportsbook account, you just can’t combine them in a single deposit. Each prepaid card has to be run separately. If a card doesn’t work because it blocks gambling transactions, switch to a different prepaid option, go with a branded card, use bank transfers to deposit funds, or contact customer support.