How To Deposit And Withdraw From Masters Betting Sites

The banking methods that Masters betting sites accept for deposits and offer for payouts are a critical factor to consider when signing up to bet on the tournament. Put simply, it should be easy to learn how to fund a sportsbook account to bet on the Masters so that you can just focus on the actual betting aspect. Outside of just convenience, there are a few other factors to consider when choosing what deposit method and payout option to use at Masters betting sites. Those include bonuses and fees. This page will go in-depth on all of the questions and factors bettors may have regarding banking methods at online Masters sportsbook.

#1

75% up to $750

Bovada – Banking Methods At Bovada

Bovada is the highest-rated sportsbook for betting on the Masters for many reasons, with their incredible banking section a large reason for that. Specifically, Bovada stands out for offering every first-time player a free deposit and free withdrawal no matter how they are completing their transaction. A few other notes about banking at Bovada include:

  • Bovada uses Bitcoin, Bitcoin Cash, Litecoin, Tether, Ethereum, and Bitcoin SV for deposits and withdrawals when users choose crypto.
  • MatchPay deposits and withdrawals are an industry exclusive at Bovada, allowing users to safely buy and sell credits off other users using PayPal, Zelle, Apple Pay, Venmo, and Cash App.
  • Credit/debit card deposits are allowed using Visa or Mastercard, with Bovada offering payout alternatives for card users such as checks by courier and bank wire transfers.
  • Deposit bonuses are available for crypto (up to $750) and credit/debit cards (up to $250)

More: Can You Bet On The Masters At Bovada?

#2

100% up to $900

BetOnline – How To Deposit And Withdrawal At BetOnline For The Masters

An industry leader in Masters sports betting for more than 20 years, BetOnline has mastered the banking options for the famous tournament. The site has mastered betting on the Masters not just because of their odds, but by offering more deposit and withdrawal methods than any other site. The rule of thumb is that if BetOnline does not offer your banking method, no one does. Other notes on BetOnline include:

  • Cryptocurrency deposits and withdrawals are the most popular ways to use BetOnline, with the site using 17+ currencies including all the big names and many smaller altcoins.
  • BetOnline takes four major credit card brands, which are Visa, Mastercard, American Express, and Discover.
  • Crypto, credit, and debit card deposits at BetOnline are all eligible for up to $1,000 in bonuses.
  • Outside of crypto and card transactions, BetOnline accepts wire transfers and money orders from depositors and withdrawers.

More: Can You Bet On The Masters At BetOnline?

What Can I Use To Bet On The Masters?

There are many deposit methods that the banking sections of Masters online sportsbooks allow you to use. The most common methods are cryptocurrencies like Bitcoin and Ethereum or credit and debit cards with brands like Visa and Mastercard. Other deposit options that sites with Masters betting odds offer will vary by book, with notable options being MatchPay at Bovada and Wire Transfers at BetOnline. The deposit limits for the main methods at top Masters betting sites are outlined below.

Deposit Limits For The Masters

Sportsbook Credit/Debit Cards Limits Cryptocurrencies Limits
Bovada Visa/Mastercard/Amex $20 - $1,500 BTC, BCH, ETH, 3 More $10 - $5,000
BetOnline Visa/Mastercard/Discover $25 - $5,000 BTC, LTC, ADA, 14 More $20 - $500,000
MyBookie Visa and Mastercard $45 - $2,500 BTC, USDT, 8 More $20 - No Max

Pro tip: Many Masters betting sites will charge fees that range from 4%-10% for credit and debit card deposits, but Bovada waives that fee and allows all new users to deposit for free.

What Sportsbook Bonuses For The Masters Are Available?

Masters bonuses at online betting sites like Bovada, BetOnline, and MyBookie are typically dictated by the deposit method that new players are using. Crypto and credit/debit deposits are typically the only methods that are eligible for bonuses, with digital currencies almost always offered better bonuses than cards. Terms to look for in bonuses include the deposit match percentage by the betting site, the maximum total value, and the rollover requirement.

Best Masters Bonuses From Online Betting Sites

  • Bovada Crypto: 75% deposit match up to $750 with a 5x rollover
  • Bovada Credit/Debit: 50% deposit match up to $250 with a low 5x rollover
  • MyBookie Crypto/Debit/Credit: 100% match up to $1,000 with a 10x rollover
  • BetOnline Crypto: 100% match up to $1,000 with a 14x rollover
  • BetOnline Credit/Debit: 50% match up to $1,000 with a 10x rollover

Do Masters Betting Sites Payout?

Typically, betting sites for the Masters pay out fast and do so with many different methods. Crypto is the most common payout method for those who were successfully betting on the golf at Augusta, with digital currencies the best ways to withdraw. That’s because crypto payouts have the widest limits and are almost always free. Outside of crypto, checks by courier are the most common payout method from sites with Masters betting odds. Credit and debit card users can rarely withdraw back onto their card, which leads many to choose checks in the mail as their payout method.

Payout Methods At Masters Betting Sites

  • Bovada: Crypto ($10 min/no max), MatchPay ($20-$1,000), Check by Courier ($10-$3,000), and Direct Bank Transfer ($1,500-$9,500)
  • BetOnline: Crypto ($20-$100,000), Money Order ($500-$4,500), Wire Transfer ($500-$25,000), Check by Courier ($500-$2,500), and Person to Person ($50-$400)
  • MyBookie: Crypto ($25-$50,000), Wire Transfer ($100-$5,000), and eCheck ($50-$750)