ACH: Pros & Cons
- App available
- Safe and secure
- Easy to set up
- Almost instant deposits
Sign up process for ACH - ACH online sports betting made easy
If you’ve ever wondered how ACH payments work, you’re at the right place. We’ll show you how to start your sports betting journey with ACH in an easy-to-follow step-by-step process.
Choose your operator
Whether you’re looking for betting sites with Klarna or it’s ACH you want to use, you need to check that the operator supports your payment method of choice. If the sportsbook does not support the system, you won’t be able to use it to make deposits or withdrawals.
You can go to the operator’s website to see if there is support for ACH. You will find this information in the cashier section on their site; just look for the ACH logo. Alternatively, you can refer to our operator reviews to see which online sports betting sites support ACH payments. Now, Let’s look at how you can initiate the ACH payment.
Reach for your mobile phone
The second step would be to speak to your bank and ask them to activate ACH transfers between your checking account and the sports betting operator’s account. You may need to fill out some paperwork for this. The bank should provide you with a routing number. Once you complete this step, you’ll be able to start doing online sports betting ACH deposits at your favorite betting site.
Create your account
With your routing number in hand, go to your online sports betting site. Create an account with the operator, and verify your account. Move to the cashier section, and click on deposit. You can select the ACH payment method. Insert the routing number and your check account number, choose the amount, and deposit!
Making a payment with ACH - how to start the process
Let’s dive into making your first deposit and withdrawal with ACH. We found it straightforward to do sports betting with ACH and combined all the steps in this quick guide. Here is what you need to do to create an ACH online sports betting account.
Register an account with your bookie
If you’re satisfied that your sportsbook accepts ACH, and you can now create your account. Each bookmaker’s process is different, but follows a standard format. When creating the account, you’ll need to provide personal information such as your name, email address, date of birth, cell number, and place of residence. After you create the account, the operator will want to verify your identity. They’ll ask you to submit documentation such as a passport, driver’s license, or similar photo ID. Some will also ask you for proof of residence, as sports betting is state-specific.
Once verified, you’re good to go!
The verification process can take up to 48 hours, depending on the bookmaker. If they're satisfied, they will email you a link, which you can click to confirm verification. Go to the cashier section of the bookmaker, and hit the “Deposit” button. Now you can select ACH, and you’ll need to authorize the payment. Select the amount and hit submit. Your deposit will appear in the account.
Withdrawal and deposits with ACH: average time scales
If you prefer online sports betting providers that accept ACH payments, we’ve put together an overview of the average speeds of deposits and withdrawals. Let’s see how long you have to wait for your payments.
Deposits - no issues here
We had a look at the deposit speeds of the ACH system, and it delivers good performance when we compare it to other leading payment methods. To give some perspective, we had a look at PayPal bookmaker deposits. PayPal offers almost instant deposits to users, which is ideal. ACH did not disappoint in this regard, as it provides users with deposits that instantly hit your account, taking up to 10 minutes. These speeds are up there with the best in the business.
Withdrawals - slower than average speeds
The withdrawal speed of ACH could provide some users frustration. A withdrawal from your favorite online sports betting site will take 2 to 10 business days. This may seem slow when you compare it to others, such as Visa card withdrawals that take five business days maximum. However, what it lacks in speed, more than makes up for in security and low fees. Remember that if you’re still waiting for your withdrawal via ACH after 10 business days, you should contact your bookmaker’s customer service.
We’ve put together this table to tell you about the payment, time frame limits and fees for ACH. Always keep in mind that these are subject to change according to the terms and conditions of the online sports betting operator. Please note that we’ve used N/A where we couldn’t confirm general figures across operators.
| Typical Min./Max. Deposit Amounts | Typical Min./Max. Withdrawal Amounts | Deposit Timeframe | Withdrawal Timeframe | Fees |
| $10 - $5,000 | $10 - N/A | Instant - Up to 10 minutes | 2-10 working days | No/Low fees |
ACH verification requirements - send on your documents
As ACH online sports betting is known for reliability and security, one can expect some kind of verification process to happen before you can start making payments. Your sports betting operator will go through a series of checks with you. Let’s have a look at what that involves.
The operator verifies your account
Your bookmaker will likely need to verify if the user is indeed who they say they are. They do this by implementing a KYC process. Our bet with PayPal guide will show you that specific KYC process if you are interested. For ACH, the operator can request documentation from the user to prove that the user is of legal gambling age. It will likely be some form of photo ID, such as a driver’s license. Secondly, they will need to see where you reside, as all legal sports betting sites in the US are bound by state-specific laws. Here, the user can send proof like a lease or municipal bill.
Banking details
The sports betting operator will need to verify the user’s banking details. The user should provide proof for this also, along with the documentation mentioned above. Always ensure that your details match those on your bank account to minimize delays when using the ACH system.
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The history of ACH - always evolving
Online sports betting providers accepting ACH payments use technology that was developed over 50 years ago. Let’s see how it evolved to what it is today.
Paperless movement
In 1968, a group of Californian banks started SCOPE or the Special Committee on Paperless Entries. This movement was to plan for a paperless transfer system as paper checks were becoming too much to handle. 1972 saw the establishment of the first ACH network in California, followed by others nationwide. In 1974, the National Automated Clearing House Association (NACHA) was established to administer the ACH networks.
Government boost
The government gave ACH a boost by initiating the payment of social security by Direct Deposit in 1975. In 2001, customers could now use the internet or phone to authorize ACH payments. Paper checks were to become a thing of the past.
Another leap into the future
The ACH network took another giant leap by implementing Same Day ACH, starting with credit in 2016 and including debits in 2017. It meant that online sports betting with ACH deposit speeds could be almost instant when sports betting was made legal. Same Day ACH was improved in 2020 by increasing the daily limit to $100,000.
ACH compared to other providers - a reliable method
We’ve seen that the ACH network has come a long way and is improving continuously. So how does it stack up against other mainstream competitors? Have a look to see how ACH online sports betting fares.
Visa Cards
The main benefit that Visa cards will offer users over ACH is convenience. Most bettors will have a visa debit or credit card in their wallet. Our sports betting with credit cards guide has more information on credit cards in general. It will beat having to contact the bank to set up an ACH transfer. You can make a deposit immediately with the information on your card. Visa cards also provide faster withdrawal speeds compared to ACH. Visa is also accepted almost universally at most bookmakers.
Venmo
We can also compare the ACH network to a popular eWallet called Venmo. Venmo provides similar deposit speeds to ACH, but withdrawals are faster when done with Venmo. You can also fund an eWallet with a credit card. On the other hand, the ACH network provides unrivaled safety, and the fees are very low compared to Venmo.
Popular ACH alternatives
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Three essential facts about using ACH - keep these in mind
When you decide to go for online sports betting providers that accept ACH payments, there are a few important things to remember. These points will be helpful to know:
Deposits and withdrawals are welcome
If your bookmaker accepts ACH payments, you’ll be happy to know that, in most cases, you can make deposits and withdrawals with the system. There is a difference in the speed of delivery, but the fact that it can be used for both transactions is a feather in the ACH cap. Some payment options only allow deposits, as is sometimes the case with eWallets.
As we mentioned in our history segment, ACH has allowed customers to initiate payment via phone since 2001. Now, it is more convenient as a mobile-optimized app is available for both iOS and Android platforms. However, you don’t have to use an app; you can initiate the payment directly from the online sports betting site’s browser-based platforms.
It’s vital to remember that the ACH payment method is only available to customers in the US. You will need a US checking account to use the system with a legal sports betting site in the US. When you make an ACH payment, you will need to insert this account number with your routing number to make the deposit or withdrawal.
Conclusion - a reliable payment method
What has stood to us as we worked through this guide? We would have to say the reliable and safe nature of the ACH network is most prominent. You will have peace of mind whenever you use this method. Your bank facilitates your transfers to and from the bookmakers. Banks have a very high level of security to protect their customers' funds, and they have to abide by laws and regulating authorities. And you can use it to both deposit and withdraw your funds. If you like using this payment method, you can look at our operator reviews of all the bookmakers that support ACH transfers.
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ACH online sports betting FAQ
💁Who can use ACH online sports betting payments?
The ACH network is only available to residents in one country. During the setup of ACH payments, your bank and bookmaker will ask you for documentation to verify your identity. If you want to know if you qualify to use ACH payments, you can find out in our guide.
❓What other payment methods are similar to ACH?
We compare ACH and other popular payment methods and report our findings in our detailed payment method guides. You can read how ACH compares to other popular online sports betting payment methods.
