With US online betting sites on the rise, there are plenty of sportsbooks to choose from if you’re thinking of creating an account, with VIP preferred betting sites quickly becoming the payment method of choice.
But what is it that makes VIP preferred sportsbooks stand out? Our team at TheGruelingTruth had a look through different online betting sites to determine if VIP preferred is something you can benefit from. We created this review to provide insight into the world of online betting, and have highlighted the ins and outs of this payment method.
Making a payment with VIP Preferred betting sites – a step-by-step guide
New customers
If you want to use betting sites that accept VIP preferred, you’ll be happy to know that creating an account is pretty simple. If you’re a new customer, you can set up your VIP preferred account while you create a sportsbook account. To set up, you will need to put in your personal details, including your name, address, date of birth, email and password.
Most reputable VIP Preferred sportsbooks will also ask for proof of address and some photo ID. This is to make sure you are eligible to bet in the state you live in. Each US state has different rules and regulations towards VIP Preferred bookies and online betting in general, so be sure that the site you’re betting with is legally allowed to operate in your state.
Existing VIP Preferred account holders
If you are already an existing VIP Preferred account holder or have enrolled with Global Payments, and you find an online betting site that allows you to use VIP Preferred payment methods. You can add this betting site to your existing account. The VIP Preferred sportsbooks will go into a category specifically designed for gambling site deposits.
To add this on, once you have set up a sportsbook account you will find the payment section. Find the tab that allows you to make a deposit onto the account and choose the VIP Preferred payment option from the list that could include
Discover sports betting. You can then choose how much you want to deposit and you should be ready to bet.
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
Withdrawal and deposits with VIP preferred: average time scales – almost instant processing times
Typically, their deposit and withdrawal times are relatively quick compared to the other payment methods available when using VIP Preferred betting sites.
VIP Preferred Withdrawals
Withdrawals from VIP Preferred sportsbooks usually takes up to two business days for your bank to process. It could be quicker or more prolonged, depending on who you bank with. The processing time could also be delayed to five working days depending on what time of day and day of the week you decide to request a withdrawal. If you’ve not received your funds by then, don’t hesitate to contact the VIP betting sites’ customer support team for what to do next.
There could also be other factors like the amount of money you want to take out. Is the value something your bank isn’t used to? If you’re requesting a more significant amount than usual, it could take longer for the bank to process internal checks. It’s always a good idea to notify your bank to make sure they’re aware of transactions that could look suspicious.
VIP Preferred Deposits
The best betting sites with VIP Preferred deposits are processed almost instantly, similar to what happens at
Apple Pay betting sites. The transaction is directly from your selected bank account to the VIP Preferred betting site. There is no need for a middle man to speed up the processing time.
This payment method has an advanced computer-based electronic network called an Automatic Clearing House (ACH). This system is specifically for payment transfers. It ensures your money is put into your sportsbook just as quickly as your wifi connection allows.
VIP Preferred verification requirements – a straightforward way to open an account
Before an individual can use VIP Preferred sportsbooks, they should consider what is needed to have a successful online betting account. One of the most important things to have is the correct personal information. You will only need to upload this once when using VIP Preferred betting sites, so make sure it matches up.
Once the customer has set up their account, they will have access to a 7-day limit bonus. Even though VIP Preferred specializes in online digital payments, this limit applies to personal cash paper checks and e-checks (electronic checks). Essentially, the customer can make transactions within those seven days. Each transaction that clears that is within the limit using either a paper check or e-check will be eligible for return to the user.
If the 7-day limit is not exceeded, this personal cash access can be redeemed and added back to the individual’s account and available limit for the future.
We created this summary of VIP Preferred to show you how far it’s grown over the years. We paid attention to detail to determine what made this company break into the online sports betting world as it did.
Global Payments
Global Payments is a respected international company that provides payment technology services. Global Payments is behind the launch of VIP Preferred betting sites and its launch in 2012. Global Payments is a Fortune 500 company listed on the NYSE (New York Stock Exchange).
The VIP Preferred launch aimed to target casino and sports betting sites as their online presence expanded. They believe that customers can efficiently handle transactions without the need for cash, which continues to grow as the years have gone on.
Company growth
Because VIP sportsbooks are still breaking into the online betting world, the company has a lot of room to grow. At the moment, VIP Preferred is only available in the US and in states that have online casino gambling and sports betting legalized. But from navigating through the site, we believe that VIP Preferred will soon offer its services to other regions outside the US.
In addition, VIP Preferred sites are free from fees, which can also encourage new customers to join them as they build a name as a popular online sports betting payment method.
VIP preferred compared to other providers – what are the advantages?
VIP Preferred bettings sites are still quite new to the online betting world. They’re up against other payments with longevity like Visa and MasterCard. But, even though they’re still growing into the world of online sports betting, they have a few benefits that we highlighted below.
Minimal risks
At TheGruelingTruth, we found that because VIP Preferred betting sites are only based in the US, and fewer risks are associated with the brand. Although they aren’t as prevalent in the online betting world, this could be an advantage as they avoid any international issues. They have a 24/7 customer service hotline that is free to use also.
Because there are fewer risks, VIP Preferred sportsbooks have customers who experience fewer problems. They can deposit and withdraw more significant amounts of cash without the long waiting times.
Withdrawal processing times
When using VIP Preferred betting sites, we wanted to mention again how quickly their withdrawal times are. Compared to other methods like
PayNearMe betting sites, VIP Preferred methods are a quicker alternative. It could be the fact that this is only available in the US. In comparison, other payment methods are worldwide.
It would be best to consider that VIP Preferred sportsbooks use the ACH system for their money withdrawals. This computer-based system helps VIP Preferred promise to its customers that they will receive their funds in two business days, helping them become the new popular choice for online bettors who want their money fast.
Secure online betting
To be a reputable bookie, you need to guarantee your customers a safe online experience. You can say this about VIP Preferred betting sites that put users first. Although this payment method is seen more with online casino gambling, it still applies to sports betting sites. It promises hassle-free transactions and an advanced system to keep your details secure.
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
Three essential facts about using VIP preferred – what you need to know
Same payment methods preferred
With many online sportsbooks, they prefer the customer to use the same deposit and withdrawal methods when it comes to their funds. This may not be easy if you’re using MasterCard betting sites, for example. Not all bookies that accept MasterCard payments will let you withdraw the funds that way due to the high processing fees they want to avoid.
In addition, VIP Preferred betting sites have a lot less risk than payment methods like Visa, MasterCard or even eWallets such as Skrill or Neteller. This is because if you’re using a credit card, for example, it’s borrowed money, so you should be cautious about how much money you spend and not go over a budget. It’s easier to settle payments with VIP Preferred sportsbooks. The processing time is fast on both the deposit and withdrawal ends, making online sports betting a lot more efficient.
VIP Preferred benefits users online and in the real world
VIP Preferred sportsbooks encourage customers to take advantage of the 7-day limit cash access offer, where you are rewarded for certain transactions within a time limit. This payment method is still new, so not many online sports betting sites will access it. But, we think that as the company grows, they’ll have bonuses to offer their customers. However, if you want to be excluded from the cash access exclusive, you can contact their help desk to make the changes.
Personal details must be updated
If you decide to move locations to reside in a different area, you’ll need to inform the VIP Preferred betting sites’ customer service team. Keeping your information up to date is essential because your new location might not be fully regulated to allow online betting. In addition, some VIP preferred bookies might not have the same features and bonuses if you live in a different US state, so keep that in mind.
We mentioned in this TheGruelingTruth review that VIP Preferred has fully functional customer service advisors to help you with any queries you have, or to assist in any way. They are available 24 hours a day, seven days a week, so you shouldn’t have any issues changing your details. This can also be applied with card details. If yours expires and you’re finding it difficult to update to a new card, don’t hesitate to let one of the customer service team know.
Conclusion – Give VIP Preferred a try
At TheGruelingTruth, we found that using VIP Preferred betting sites was an excellent choice for online sports bettors. They allow you to deposit funds almost instantly and ensure your money and details are safe. If you’re an existing VIP Preferred customer, you’re able to add up to four online gambling accounts to your profile.
However, betting sites that accept VIP Preferred payments are still relatively new to the online betting world. So be sure to find out if this is the method for you and your online betting needs. We recommend you give VIP Preferred sportsbooks a try as they continue to develop to keep up with the online betting world in the US.
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
VIP Preferred betting sites are relatively new to the online betting world. It has been established for a few years since 2012 compared to the heavy hitters like
MasterCard betting sites
and
Visa sites
that have been around for decades. VIP Preferred continues to develop as a brand and has access to its customer service team seven days a week, 24 hours a day. Check out our website to find out if VIP Preferred is as legit as other top online payment methods.
💳 Can I bet online with VIP Preferred?
Betting in the US is quickly becoming more popular online. VIP Preferred betting sites are not as common as other payment methods, so you’ll have to double-check what the bookie of your choice has to offer. Check out our website to find out more about the possibilities of betting online with VIP Preferred and other payment methods.
🗽Are VIP Preferred sportsbooks available in my state?
America is slowly allowing more states to legalize online sports betting. At TheGruelingTruth, we suggest you look through different
betting site deposit options. You can find the one best suited for you and your online sports betting needs. If you choose VIP Preferred sportsbooks, look at our website to see if you are eligible for online sports betting, and if it’s available in the state you reside.
💵 Are there any online VIP Preferred bonuses available?
VIP Preferred sportsbooks are becoming more popular for online sports bettors in the US. Other sites like Visa bookies have a range of welcome bonuses; both deposit and no deposit options. This is similar to MasterCard payments and the number of customers they have worldwide. To find out if VIP Preferred accounts have any welcome bonuses or offers for loyal customers, check out our review on the website.
💭 Can I open more than one VIP Preferred account?
Online sports betting is becoming increasingly popular in the US. More states are updating their regulations and allowing new customers to join in with the exciting world of betting. You can generate returns, but you could also find yourself losing money if you’re not careful. If you want to know more about maximizing your rewards and making the most out of using VIP Preferred sportsbooks. Then check out TheGruelingTruth for more information, including if you can open more than one VIP Preferred betting account.
Whatever the sport. Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.
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