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Zelle Pay For Sportsbook Deposits

fast-money
  • More versatile than PayPal betting and Venmo betting
  • Use with sportsbook vouchers and/or MatchPay at Bovada LV
  • Buy Bitcoin via an online exchange for the BEST BONUSES!

For bettors who haven’t used Bitcoin (BTC) to fund their legal sports gambling accounts, the barriers to entry might seem daunting. First, you have to buy Bitcoin. Then, you have to wait for days or weeks to gain access to it. After that, you need a Bitcoin wallet to get it off the exchanges safely and securely. Finally, once all that’s done, you’re able to send it to your online sportsbook of choice.

All of this takes a long time, and sports bets wait for no one. For US bettors, that’s where the Zelle-to-Bitcoin alternative comes in as one of the quickest online sports betting banking options available. While Zelle money transfers do not directly fund any kind of sports betting, being able to purchase Bitcoin using Zelle simplifies the entire process.

If you want to expedite the process of buying Bitcoin, you can do so with Zelle, an instant-pay money transfer service. To learn more about using Zelle Pay for sportsbook Bitcoin deposits, our short guide explains the entire Zelle-to-BTC process so you can wager on tonight’s game instead of waiting to bet on next week’s action. Additionally, we'll show you two alternative deposit methods – vouchers and MatchPay – which allow you to use Zelle Pay to buy other members' account balances and sell your own for same-day payouts!

Best Online Sportsbooks Accepting Zelle Payments In 2024

No online sportsbook directly accepts Zelle Pay or has a Zelle betting portal on its deposit page. However, you can use Zelle at Bovada to fund your bankroll via sports betting vouchers and the third-party MatchPay service.

 Site NameCurrent BonusAgeU.S.Visit Site
Top Rated #1 IconBovada Sportsbook50% Max $1,00018+USA Players Legally AcceptedVisit Site Review
2BetUS125% Max $3,12518+USA Players Legally AcceptedVisit Site Review
3MyBookie Sportsbook50% Max $1,00021+USA Players Legally AcceptedVisit Site Review
4xbet logo50% Max $50021+USA Players Legally AcceptedVisit Site Review
5Betonline Sportsbook50% Max $1,00018+USA Players Legally AcceptedVisit Site Review
6sports betting logo50% Max $1,00018+USA Players Legally AcceptedVisit Site Review

What Is Zelle?

Zelle is an instant pay service – much like PayPal or Venmo – that was designed by a consortium of the biggest banks in the US to make rapid money transfers to individuals and businesses more streamlined.

Because Zelle works with over 100 major financial institutions (and many hundreds of smaller ones), you likely already have access to the platform right inside your banking app or online banking portal. However, even if you don’t, you can download the Zelle app for iPhone or Android, set up a Zelle account, and use it just as you would any other money-transfer service.

While PayPal is global and Zelle is US-only, far more money has been sent with Zelle since the service’s inception. Zelle has experienced steady growth each year since its launch, and in 2020, the service saw roughly $250 billion in US money transfers.

PayPal may have the name, but Zelle has the money. And by using Zelle, you can have the money and access to some of the fastest paying sportsbook funding and withdrawal options!

Zelle mobile banking

How Does Zelle Work?

Zelle works like any other peer-to-peer payment service. That is, if you know how to send money with PayPal, you know how to send money with Zelle.

In most cases, your Zelle account is already linked to your checking or savings account, and you simply use your bank’s online portal (via your banking app or the Zelle app itself) to send money to another user’s unique Zelle address.

There are no added fees for using Zelle transfer technology, and your recipient will receive the sent funds in full within only a few minutes at most. Just remember, to use Zelle, both you and your intended recipient must be signed up with the service, and the service is USA only.

In other words, you cannot use Zelle to make international payments. But if that’s the case, then how can you use Zelle to fund your international sports betting account?

Fortunately, it’s easy, and we cover both methods in the next sections.

How To Buy Bitcoin With Zelle

Round Icon With Bitcoin LogoOne reason that Zelle is such a popular sportsbook bet funding method is that it allows you to purchase Bitcoin (BTC) quickly from private sellers.

Bitcoin is the best way to move money into and out of your sports betting site of choice, as all offshore operators favor cryptocurrency above every other banking option.

Bitcoin carries no transfer fees, grants sportsbook members the best deposit bonuses, features low minimum and high maximum deposit limits, and is the only way to claim same-day payouts from all the best legal betting sites.

Of course, to get paid out with BTC, you must deposit with BTC, and if you go through a typical exchange like Coinbase, it can take as many as 10 days to receive your Bitcoin before you can even send it to your bookie. When you want to bet on tonight’s ballgame – or even this week’s ballgame – that’s hardly a viable option. But with Zelle, this problem is solved.

Zelle-To-BTC Instructions

Just follow these basic instructions, and you can buy Bitcoin with Zelle – and send that Bitcoin to your favorite sportsbook – in mere minutes instead of weeks:

  • Check your online banking app to see if Zelle is supported. If it is, you’re ready for the next step. If it’s not, you can initiate a Zelle app download for your iPhone (via the App Store) or your Android device (via Google Play), following the account setup instructions.
  • Set up a free account at a private BTC exchange.
  • Search for BTC sellers that accept Zelle Pay transactions. Simply select a seller and then follow the provided instructions for using Zelle to send your funds to an escrow account.
  • Once you have your BTC, simply navigate to your online sportsbook, select the Bitcoin deposit option, choose any bonuses that suit your needs, and send your BTC to the address provided by the book.
  • As soon as this transfer goes through, you will have the full BTC amount credited to your account in USD, with which you can immediately bet on sports for real money.

How To Make Sports Betting Voucher Deposits With Zelle

Zelle Pay can be used to rapidly buy Bitcoin with which to deposit at your favorite online sportsbook, but it can also be used at any sports betting site that supports member-to-member betting vouchers or player transfers.

Vouchers/player transfers allow site members to buy account balances from other site members in the form of voucher codes, which they can then deposit directly into their own accounts. Similarly, vouchers also allow players to sell all or part of their account balances to other members and thus claim same-day payouts with no added fees.

Best of all, sports betting vouchers are private transactions between sports bettors themselves, which means that the voucher code sale can be concluded using Zelle or any other P2P service (PayPal, Venmo, Cash App, etc.) that the betting site cannot accept directly.

Currently, Bovada is the only legal online sportsbook that supports vouchers. You can easily and rapidly buy Bovada Voucher codes from other players, and selling vouchers is just as simple. We expect other leading sports betting sites to adopt the Bovada Voucher or Bovada Player Transfer method soon.

How To Make MatchPay Sports Betting Deposits With Zelle

If using vouchers seems like too much trouble and you want a simplified, easy way to use Zelle for online bet funding and payouts, Bovada members have the option to use a third-party service called MatchPay. Bovada MatchPay works the same way as vouchers – that is, you use MatchPay to buy sports betting account balances of other site members with which to deposit, or you use it to sell your own gambling account balance to claim same-day payouts.

With MatchPay, however, you don't have to request voucher codes or post them for sale to claim payouts, and you don't have to hunt for voucher codes on Bovada's message boards in order to top off your account. Instead, once you sign up for the free MatchPay service and become a MatchPay Trader (which you can do right from Bovada's Cashier page), the entire process is automated.

That said, this convenience comes with a tradeoff, as MatchPay limits are much smaller than those for vouchers or player transfers. At Bovada, MatchPay comes with a $20 minimum transfer limit and a $1000 maximum transfer limit for both deposits and withdrawals.

USA Banks That Use Zelle

The official Zelle bank list is far too long to include here, though the following Zelle banks were the original supporters of the platform:

  • Bank of America
  • BB&T
  • Capital One
  • JPMorgan Chase
  • PNC Bank
  • US Bank
  • Wells Fargo

Zelle network partners include service providers like Visa and Mastercard, while processing partners include companies like CO-OP Financial Services, Fidelity, Fiserv, and others. Additionally, countless smaller banks and CUs also support quickpay with Zelle.

If you’re not sure whether your local bank or credit union supports Zelle Pay, please contact your financial institution for more information.

Zelle Support Information

You can contact Zelle customer service in several ways.

The official Zelle site offers a robust FAQ section that will answer most questions, and their telephone help line is open seven days a week (10:00 AM – 10:00 PM).

You can also fill out an online form at the Support Contact link below.

Zelle Bet Funding FAQs

Disclaimer: Zelle is a third-party P2P payment processor and eWallet service. Zelle does not endorse this site or any online sports betting site in any way. This page is for informational purposes only. 

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