Online Gambling Vouchers Guide For 2024

Fees And Speeds To Expect When Using Gambling Vouchers For Deposits And Withdrawals

As far as bet funding fees are concerned, vouchers are not assessed any extra surcharges by your gambling site for either deposits or withdrawals.

Of course, depending on the P2P money transfer app or eWallet option you use – particularly if you’re using a linked credit card as opposed to a linked debit card or bank account – you may be assessed a credit-based “cash advance” fee or international transaction fee. These are usually between 3-5% but can sometimes be a bit higher.

Gambling vouchers – once bought or sold – transfer instantaneously. Deposits go through immediately, while P2P and eWallet transactions between buyers and sellers are similarly rapid.

However, whether buying or selling, keep in mind that vouchers are 100% dependent on member demand. You won’t always find a transaction partner the same day you wish to make a deposit or post an ad to collect a payout.

In general, we think vouchers are better as payout options than they are as deposit methods. Most online gamblers can afford to wait a bit when receiving their winnings, but they can’t afford to wait when moving money into their accounts. This is particularly true for sports bettors, but everyone wants to play as soon as possible.

How To Use Vouchers To Make Deposits Into Online Betting Sites

If you want to make a deposit using an online gambling voucher, there are a few added steps compared to most other bet funding methods.

Vouchers – while allowing for expanded P2P and e-Wallet banking options – are not the most convenient ways to move money into your legal betting account. Still, that expanded utility makes it worthwhile for many players.

Here’s what you need to do:

1. Follow any link here to sign up with a trusted online gambling site that accepts voucher deposits.
2. Click or tap the “Join” or “Sign Up” button and enter in all required personal information. Be sure to use only your verifiable data, as all the top sites employ industry-standard Know Your Customer (KYC) protocols for increased security.
3. Navigate to the community center or member forum to find a voucher code for sale.
4. Contact the seller and arrange the terms of the sale.
5. Send over your payment using your preferred P2P/eWallet service.
6. Upon receipt of your payment, the seller will release their voucher code to you via text, email, messenger app, etc.
7. Once the code is received navigate to the cashier's page and choose the voucher deposit option.
8. Paste in your voucher code, choose an optional bonus, and submit your deposit.

How To Collect Your Winnings With Voucher Payouts

Voucher withdrawals offer the same benefits as voucher deposits in that you can use a wide menu of otherwise unsupported payout methods to claim your winnings (PayPal, Venmo, Apple Pay, etc.).

However, there’s also another huge perk to requesting voucher payouts from your legal online gambling site of choice: You can immediately cash all the way out.

Traditional gambling withdrawals – such as bank wires and courier checks – can take a week or more to arrive stateside, while crypto betting payouts require you to convert your crypto to USD in order to cash out.

But because voucher payouts are already in fiat money and go straight to your selected instant pay app or eWallet, there are no added steps. Just pull the money directly out of your linked bank account or literally cash out at any ATM!

This is how to claim online betting voucher withdrawals at participating sites:

1. Navigate to your chosen site’s cashier page and select the voucher withdrawal option.
2. Enter in the amount of your eligible account balance you’d like to claim and submit your request.
3. Your betting site will send your voucher code to your site-linked email address.
4. Once you receive your code, post if for sale via your site’s official community page or member forum. Be sure to indicate which P2P/eWallet service(s) you accept for payment.
5. When a buyer contacts you, arrange the terms of the sale and await their money transfer.
6. As soon as you receive your buyer’s money, release your voucher code to them via text, email, messenger app, etc.

Remember: All voucher codes expire (typically within six months), so you need to send your buyer the code ASAP.

Additionally, all the best online casinos, sportsbooks, and poker rooms monitor voucher sales and have good-faith policies for both buyers and sellers. If you do not send your buyer their code in a timely manner, you risk account suspension and/or balance forfeiture.

As with deposits, voucher payouts won’t always be the fastest option. While they are sometimes available as same-day payouts, this depends entirely on-site demand from voucher buyers. In our experience, we’ve found that voucher payouts clear the same-day we request them about 70% of the time.

If you want same-day payouts every time, the only online betting banking method that guarantees this is cryptocurrency. Fortunately, you can request crypto gambling payouts no matter what deposit method you’ve initially used.