How Long Does it Take to Open an Online Sports Betting Account?
Depending on the sportsbook, it typically takes less than five minutes to open an online sports betting account.
What Will I Need?
You will need to provide your real name, address and phone number. This is important. Internationally-licensed online gambling sites will not report your wagering activity to government tax agencies like the IRS. US state run online betting sites will report your winnings to tax authorities, so this is something to keep in mind when choosing a sportsbook.
These are high security companies that must ensure they are not sending funds to the wrong person. Also, if you provide wrong information, you're not going to be able to get paid.
Sending Funds to Start Betting
You can open an betting account often for as little as $20. This is your money unless you lose it in a bet. Funds sent via bitcoin and other cryptocurrencies typically show up in your account within a matter of minutes, same with credit cards. The online sportsbook can assist you with setting up your account. Simply go to the live chat feature for assistance.
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