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Online banking betting sites in Connecticut

Table of contents

This guide will cover how online banking can be used on betting sites in Connecticut and how to make deposits and withdrawals using it. Then, we’ll go over the advantages and disadvantages of betting sites that accept online banking. Finally, we’ll look at some frequently asked questions for beginners.

About online banking betting sites in CT

Online gambling in Connecticut was legalized on July 1, 2019, and services have been available since October 19, 2021. Following that, the state’s top-performing betting sites that accept online banking, DraftKings, FanDuel, and SugarHouse, began operations.

How to deposit using online banking on CT sportsbooks

First, you must check that the CT betting app accepts online banking before depositing. Then, just follow these steps:

  1. Register to a CT sportsbook that accepts online banking: To begin the registration process, go to the sign-up page of one of the betting sites mentioned above that accept online banking. Click the sign-up button. It will direct you to the next page, where you will enter your information.
  2. Select online banking when making a deposit: After completing the information, proceed to the payment option in your account dashboard. Then select online banking as your deposit method.
  3. Choose your bank from the alternatives and verify the deposit: After selecting the online banking option, select your preferred bank from the alternative payment option to deposit. Enter the required information, such as the account title, account number, payment, card details, etc. They will verify you via email or OTP code. Confirm it and move ahead.
  4. Start betting: After deposit confirmation, you can bet on your favorite sportsbook.

How to withdraw using online banking on Connecticut betting sites

Betting sites that accept online banking often first need to verify customers that ask to make a withdrawal. This means that you might need to provide the sports betting operator with relevant documents. Once that is done, follow these steps in order to make a withdrawal directly to your bank:

  1. Go to the withdrawal section of the CT betting site: To withdraw money, go to the withdrawal section of your favorite sportsbook’s account dashboard. Then, from the drop-down menu, select your preferred withdrawal method.
  2. Choose online banking: Once you’ve located the withdrawal methods menu, select online banking.
  3. Pick your bank from the list: Find your preferred bank after selecting online banking. Scroll down or click next, which will take you to the next section. Once you’ve found the right bank, click on it to proceed.
  4. Enter your details: There will be an information page before the withdrawal. Where you will enter the necessary information such as your name, address, ID card, credit or debit card details, and so on. Fill in all the necessary information before proceeding.
  5. Input the withdrawal amount: The withdrawal amount is the next step after personal verification via email or OTP code. Before entering the correct amount, you should understand their tax and privacy policies. Check your dashboard for the current balance and then enter the withdrawal amount.
  6. Click ‘Confirm’: At the end, click the confirm button. Withdrawal is a bit more challenging due to the longer time to proceed. Wait for the company’s successful transaction message, and then you’re ready.

Pros of using online banking on CT betting sites

There are many advantages of using online banking betting sites in CT. The following are the main perks:

  • Secure transfer through your bank – Online banking is considered one of the most secure payment methods online since banks invest big amounts into security.
  • You can deposit and withdraw high amounts. – When depositing and withdrawing using online banking, you can usually transact much bigger amounts than you can do with other payment methods.
  • No fees in most cases – In most cases, there are no fees attached to a transaction done to or from a sportsbook using online banking.

FAQ

Is online banking a safe way to deposit on CT betting sites?

Yes, online banking is a safe way to deposit on CT betting sites. Banks in the US have the latest security systems in place, making it almost impossible for a third party to access your banking information without your consent.

Do I pay fees using online banking on Connecticut betting sites?

Yes, in some cases you pay fees when using online banking on betting sites in Connecticut. This differs from each sports betting site, and on what bank you have.

How to check if a CT betting site accepts online banking?

In order to check if a Connecticut betting site accepts online banking, visit their payment section and have a look at the available payment methods. You can also reach out to the customer service team if you are unsure whether your bank is accepted or not.