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Interac is a popular payment option for sports bettors in Canada. It allows players to make rapid deposits and withdrawals in a secure and efficient manner. In this guide to Interac betting sites, I will explain exactly how the payment method works.
Unfortunately, Interac betting sites are not available in the United States. But don’t despair, there are plenty of superb alternative payment methods you can use. This article will reveal how you can fund your US sports betting accounts, plus I will give you the lowdown on the best sports betting bonuses you can claim today.
If you are sports betting in the United States, there are some world class brands for you to choose from. New online betting sites are opening on a regular basis and there has never been a better time to get involved. The best online betting sites offer you excellent odds on a huge array of markets, a range of efficient payment options and 24/7 customer support. They also offer you attractive welcome bonuses that can add a lot of additional value to your account. Taking all of that into account, here are my picks for the five best online sportsbooks to join today:
One of the leading names in the sports betting world, BetMGM has a fantastic reputation for competitive odds and an award winning website. The brand is currently available in over 20 US states and I am confident that number will grow in the near future. Better yet, if you sign up to BetMGM today, you can claim bonus bets, risk free bets and much more.
Initially created as a daily fantasy site, FanDuel is now one of the most highly regarded sportsbooks in the US. The brand has an industry leading app, as well as some intriguing promotions that add an extra layer of excitement to your sports betting. Their currently welcome offer gives you $150 in bonus bets if your initial bet of $5 is successful.
If you love taking advantage of sports betting promos, then Caesars Sportsbook is the site for you. Not only can you claim regular betting bonuses (including up to $150 in bonus bets when you first join), but there is also a loyalty club to join, plus a host of other great features. If you want to try something entirely different, the Caesars online casino has hundreds of top slot games for you to play.
Another daily fantasy site that is taking the sports betting world by storm, DraftKings is home to some of the very best odds in the US. Whether you want to bet on the NFL, NBA or any other major league, you will find some great prices, plus regular odds boosts. And if you do want to play fantasy, DraftKings still provides daily contests throughout the year. Join DraftKings today and you can get $150 in free bets when you make your first $5+ deposit.
Despite being a relatively new name in the industry, Fanatics has swiftly become a firm favorite among many sports betting fans (including me!). Their superb app is a huge reason for their success, it is slick, beautifully designed and makes mobile betting an incredibly simple process. Download the app today and create a new account, you can claim $100 in bonus bets on each of the next 10 days.
Sportsbook | Minimum deposit | Withdrawal waiting times | Fees | Welcome bonus |
---|---|---|---|---|
BetMGM | $10 | 1-5 business days | NA | $158 in bonus bets |
FanDuel | $5 | 1-10 business days | NA | Bet $5 Get $150 in Bonus Bets if your bet wins |
Caesars Sportsbook | $10 | Within 24 hours | NA | 100% up to $1000 |
DraftKings | $5 | Up to 5 working days | NA | Bet $5, Get $200 Instantly |
Fanatics | $5 | 2-3 business days | NA | Bet $100, Get $100 in Bonus Bets Every Day for 10 Days! |
Borgata | $5 | 1-4 banking days | NA | 100% first deposit match up to $1000 |
Tipico | $10 | 2+ business days | NA | 100% first deposit match up to $250 |
By using Interac, you can make deposits directly from your bank account into your sports betting account. To do this, you need to follow these four steps:
Once you have completed these steps, your Interac sports betting deposits should be processed instantly and you can begin to use your funds.
Making withdrawals at Interac betting websites is as easy as making deposits. All you have to do is follow these basic steps:
Do all of that and your withdrawal will be processed. Then it’s just a case of sitting back and waiting for your funds to appear in your bank account.
One of the biggest plus points of using Interac is that you will not be charged by your bank for using the service. Of course, it is still possible that some certain sportsbooks will apply a charge to transactions, so make sure you check the small print before making a payment.
A big incentive for signing up to new betting sites is that it allows you to take advantage of some seriously good welcome offers. As you can see from the table on this page, these betting bonus offers can come in all shapes and sizes, so it is important to track down the promos that best suit you.
It is also important to thoroughly read the terms and conditions of each sports betting offer (as well as reading the expert bonus guides on this site!), as this will reveal key information relating to areas such as expiry dates, stake limits, wagering requirements and eligibility.
Mobile sports betting is bigger than ever, and most of the leading sportsbooks now provide mobile apps which allow you to play on your phone or tablet. The best betting apps are intuitive, fast loading and highly user friendly. Here are three of my favorite online betting apps currently available in the United States:
Unlike the majority of sportsbooks, Fanatics is an app only brand, which means they have focussed all of their efforts on creating an industry leading mobile product. The Fanatics mobile app has a distinctive and fresh look that helps it really stand out from the crowd. There are features galore, plus slick interfaces and intuitive navigation. It all adds up to an outstanding mobile sportsbook that I can thoroughly recommend.
Simplicity is at the heart of the FanDuel mobile app. Everything is laid out in a user friendly way, which enables you to easily find the betting markets and options you are looking for. The interfaces are clean, the loading times are instant and the aesthetics of the app are second to none. I also love the fact that FanDuel provides regular mobile exclusive offers, which are only available via the app.
The best sportsbook apps offer a betting experience that is on par with (or even better than) playing on the full website. That is certainly the case with the BetMGM app. Not only does the app look great, but it also performs exceptionally well, allowing you to place bets and enjoy all the features available on the full website. I especially like the homepage of the app, which allows you to instantly see the latest odds boosts and bet builder options available to you.
Interac is an electronic payment method that allows you to send and receive money from Canadian bank accounts. Interac payments can be made on a website or mobile platform. Deposits made to sports betting sites via Interac are processed instantly, whilst withdrawals back to your bank account take no longer than a few hours, considerably quicker than many other online payment methods.
All you need to begin using Interac is an account with a Canadian bank, credit union or other financial institution that permits payments via Interac. Then just go to your online banking account settings and adjust them to allow Interac e-transfers. You also need to make sure you have your email address and/or phone number in your account information. And that’s all there is to it – you are now ready to make and receive payments via Interac.
In a word – extremely. Using Interac is completely secure and allows you to make sports bets safe in the knowledge that your financial data will not be compromised. In addition, you are a few simple measures you can take to protect yourself against online fraud when using sports betting sites:
All of the reviews at The Gruelling Truth take a comprehensive look at every aspect of Interac betting sites. We sign up, place bets, use bonuses and test out every area of the website. Our mission is to put you in the best possible position to decide whether a sportsbook is right for you. Here is a list of the key areas that we review:
If you were disappointed to discover that Interac betting sites are not offered in the United States, fear not. You still have a host of superb payment methods open to you. Most of these options provide fast, fee-free and reliable transactions that allow you to kick back and concentrate on your sports betting. Naturally, some of these options are more preferable than others, so here’s a little look at three of my favorite payment methods for sports betting in the United States:
Skrill is an e-wallet that enables you to store money separate from your main bank account. You can then use this e-wallet to make deposits and withdrawals at your online betting sites. A big advantage of using Skrill is that it easily allows you to manage your betting budget and keep it separate from your day-to-day spending. Skrill also offers a high level of security, rapid transactions and a very user-friendly app that makes it incredibly easy to manage your budget.
As one of the world’s most popular payment platforms, PayPal is available at the majority of US sportsbooks. PayPal provides users with fast, secure online transactions. As with Skrill, you can link your PayPal account to your bank, allowing you to create a separate wallet, which can be used exclusively for your sports betting.
If you use an Apple device, you can set up Apple Pay. Doing this allows you to make instant payments to online betting sites. The method is entirely free, fast and provides an excellent level of security. However, it is worth noting that you cannot make sportsbook withdrawals via Apple Pay, so you will need to register a separate payment method to remove funds from your accounts.
The great news for betting fans in the US is that many of the best Interac alternatives are available in several states. Of course, finding the best brand in your states is not always an easy task. So to help you out, the below table displays the best sports betting sites in some of the country’s most popular betting locations:
State | Betting site | Welcome bonus |
---|---|---|
Pennsylvania | FanDuel | $1,000 no sweat bet on your first day, plus 200 free spins |
New Jersey | DraftKings | Bet $5, Get $200 Instantly |
New York | BetRivers | Second chance bet: Get up to $500 in Bonus Bets |
Iowa | Bet365 | Bet $5 Get $200 or $1000 First Bet Safety Net |
Colorado | Tipico | 100% first deposit match up to $250 |
You should now have a firm understanding of how Interac works, as well as a good grasp of where you can (and cannot!) use Interac. The bottom line is that Interac sports betting is not an option for US players. However, there are plenty of great alternatives open to you that offer the same high level security, efficiency and fast transaction times as Interac.
When choosing your ideal sports betting payment method, it is important to conduct thorough research. Consider what you are looking for in terms of transaction speed and ease of use. Also, check out where you can make payments using that option, as ideally, you want to be able to use the same method at all of your sportsbooks.
That depends on your individual preferences. Check out our guides to Interac betting sites to find out which brands best meet your specific requirements.
Interac is only available if you have an account with a Canadian bank or other financial institution. Read my Interac sports betting guides to find out which brands accept Interac payments.
Interac is an online payment option that allows Canadian sportsbook players to make fast, efficient transactions to and from their accounts. In my Interac sports betting guides, I look at which specific sites allow you to make payments via this method.
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