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Caesars Sportsbook Deposits, Withdrawals, & Payout Speed

Caesars Sportsbook Banking

  • Deposit Options: Online banking, Debit/credit card (Visa, Discover, Mastercard), PayPal, Venmo, VIP Preferred, PayNearMe, Play+ Card, Skrill, Cash @ Cage
  • Minimum Deposit: $20
  • Withdrawal Options: Online banking, Debit card (Visa, Amex, Discover, Mastercard), PayPal, Skrill, Play+ Card, VIP Preferred, Cash @ cage
  • Minimum Withdrawal: $20
  • Payout Speed: Up to 72 hours

Deposit & Withdrawal Methods

Payout Speed

Up to 72 hours

Caesars Sportsbook deserves credit for offering a wide range of deposit and withdrawal options, including debit/credit cards, PayPal, Venmo, and more.

Some sportsbooks have been reluctant to embrace newer methods like Venmo, so it’s nice to see Caesars providing customers with many options to fund their accounts and withdraw their winnings.

The two drawbacks for Caesars regarding banking are the payout speed and the minimum deposit.

With a minimum deposit of $20, Caesars has a higher entrance fee than many other competitors, which typically set the minimum requirement at $10.

Also, withdrawals tend to take longer than competitors to process. Caesars advertises a turnaround time of up to 72 hours, which is decent, but I find that it typically takes on the longer end of this time range.

A lot of the other apps I use get me my money in under 24 hours, even if they say it could take longer.

Caesars Sportsbook Deposit Methods

Method

Min Deposit

Max Deposit

Deposit Time

Bank transfer

$20 VariesInstant

Debit/credit card (Visa, Mastercard, Discover)

$20 VariesInstant

PayPal

$20 VariesInstant

Venmo

$20

Varies

Instant

Cash at Casino

$1 NoneInstant

Caesars Play+ Card

$20 VariesInstant

VIP Preferred (ACH)

$20 $500/dayInstant

PayNearMe

$20 VariesInstant

Skrill

$20 VariesInstant

Caesars Sportsbook Withdrawals Methods & Time

Method

Min Withdrawal

Max Withdrawal

Withdrawal Time

Bank transfer

$20 $5,000 Up to 72 hours

Debit card (Visa, Mastercard, Discover)

$20

$5,000

Up to 72 hours

PayPal

$20 $10,000 Up to 72 hours

Caesars Play+ Card

$20 $5,000 Up to 72 hours

Cash at Casino

n/an/aInstant

VIP Preferred (ACH)

$20 $5,000 Up to 72 hours

Skrill

$20 $5,000 Up to 72 hours

Signing Up for Caesars Sportsbook

You don’t have to be a resident of a state where Caesars operates to sign up, but you must be located in one of the states to place bets. The only other restriction is that you must be at least 18 or 21 years old, depending on the state.

To sign up for an account, you’ll have to fill out some basic information including:

  • Name
  • Email
  • Date of birth
  • Cell phone number
  • Password
  • Security questions
  • Last 4 digits of SSN
  • Address

After filling out this information, you may be asked to upload a government-issued ID (such as a driver’s license or passport) to verify your identity.

The whole process is quick and easy and should only take a few minutes. You can get an idea of what the registration screen looks like in the following mobile app screenshots (click to expand):

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