One of the most popular ways of depositing funds at an online sportsbook today is by using American Express. This prominent credit card provider comes with many benefits, including quick transactions, robust security, and an excellent rewards program. As a result, there has been a sharp increase in the number of American Express betting sites in Wisconsin, with bettors joining them in droves.

If you have been looking to use American Express for online gambling but don’t know where to start, you are at the perfect place. In this article, we will discuss how to deposit via the payment method and list its pros and cons at Wisconsin betting sites. Furthermore, we will mention other alternative payment solutions and conclude the article with some frequently asked questions.

About American Express

Also known as Amex, this credit card firm has been around for many decades since it was founded back in 1850. Although it is not as widely available as MasterCard or Visa, it’s still a pretty popular payment method across the world. And for real money deposits at betting websites, Amex is a popular choice among players.

You can use American Express for online sports betting in Wisconsin. All you need to do is to apply for a card, be approved, and then link the card to your gambling account. Apart from that, Amex also offers a mobile app that allows you to monitor your bank account and make payments on the go. However, unlike Visa and MasterCard, American Express does not allow withdrawals from an online sportsbook site.

How to deposit on a Wisconsin betting site with Amex

Before you can start to enjoy the benefits of a Wisconsin betting operator that accepts Amex, you will first need to make a deposit. Fortunately, going about this is quite easy and hassle-free. Here are the steps to get you started.

  1. Register with a Wisconsin betting site that accepts American Express – First and foremost, you have to choose a betting site that accepts Amex. Luckily, a large number of operators offer this payment service. Hence it won’t be hard to find a reliable platform. Once you’ve made your choice, load the website on your browser.
  2. Create an account and select Amex as the payment method – From the homepage, click on the “sign up” or “register” button to create your account. Provide your personal info, upload your identity verification documents, and your account will be created. After that, log in, go to the cashier page and pick American Express as your preferred payment method.
  3. Enter your American Express details – Now enter the details of your Amex card, including its 16-digit number and security code. Then click ‘Next’.
  4. Verify the transaction and begin betting – If the transaction is successful, you will receive a summary of the deposit. Verify that everything is correct and then authorize the transaction. Once the funds reach your betting account, you’ll be able to start placing your bets on sports.

Can I withdraw to my American Express from a WI betting site?

Unfortunately, no. On WI sports betting apps, online sportsbooks won’t support withdrawals through American Express. This means that you will need to use an alternative payment solution such as MasterCard or Visa for that purpose. If you wish to move away from credit/debit cards, you can go for electronic wallets such as PayPal or Neteller. Furthermore, bank transfers can also be used for withdrawals.

Pros of using Amex on sportsbooks in WI

As we have mentioned, bettors can enjoy several benefits when using American Express for online betting. The following are some pros of this payment service at Wisconsin gambling sites.

  • Quick transactions – One of the good things about Amex is that it guarantees instant deposits to a betting account. This is fantastic news for any punter who is looking to start placing bets immediately. Usually, any deposit through Amex that hasn’t been reflected in the account after 2-3 hours should be queried.
  • Safe & secure – With American Express, you get secure deposits at all times. The payment service uses advanced fraud detection measures and smart authentication technology to ensure all transactions are safe. Additionally, Amex is a trusted brand that has built its reputation for many years and is authorized to process gambling payments. Thus, you can gamble online with no worries about your safety.
  • You can earn Amex points – The payment service has an excellent rewards program for loyal users. When you use the card frequently, you will earn Amex points that you can later redeem for attractive perks. These include matched bonuses as well as discounted rates on flights, car rentals, and hotel accommodations. However, this will depend on the type of card you have, thus always confirm that your card provides such rewards.

Cons of using Amex on Wisconsin betting sites

While Amex offers many benefits to users, it also has its own disadvantages. Thus, it is good to know the bad side of this payment method to ascertain if it suits you. Here are some cons of using American Express at Wisconsin online sportsbooks.

  • You could overspend – An Amex credit card typically gives you access to the cash you do not necessarily have. Thus, when you pay with it, it is like a debt you agree to repay later. This isn’t an issue for bettors who have self-discipline when they’re gambling. However, if you don’t, you can overspend, which can lead to an accumulation of debts.
  • You can’t withdraw directly to your American Express – As stated previously, the American Express card doesn’t support withdrawals at Wisconsin betting sites. This is a huge disappointment to punters, who will have to settle on another payment option to cash out their winnings.
  • High fees – Generally, you will incur some fees when you deposit with American Express at an online sportsbook. The cost is usually dependent on the amount transacted. Other than that, you may also pay small fees for currency conversions, late payments, and for statements.

Alternatives to using American Express on WI betting apps

Online gambling with an American Express card is safe, secure, and convenient. However, it’s not the only payment method accepted by Wisconsin betting sites. Alongside common debit/credit cards, there are also digital wallets and bank transfers. If you wish to try an alternative solution, the following options will meet your needs.

  • MasterCard sportsbooks in WI – Without a doubt, MasterCard is among the largest credit/debit card solutions globally. It comes with advanced security systems which are updated regularly; thus no third parties can interfere with it. Additionally, MasterCard has a wide network, which means many bettors across the world can access it and use it for online gambling.
  • Skrill sportsbooks in WI – When it comes to e-wallets, Skrill is one of the best options on betting websites. This is because it processes deposits instantly, so you get to place bets on your beloved sports without wasting time. Furthermore, payments via Skrill attract low fees. Thus you can enjoy most of your winnings.
  • Discover Card sportsbooks in WI – Though not as popular as Visa or MasterCard, more and more sportsbooks are accepting Discover Card. The payment service checks all the boxes for punters who are looking to make online gambling deposits conveniently and safely. And just like Amex, Discover Card also offers customers a great rewards program.

FAQ

Is it safe to use American Express on WI sportsbooks?

Yes. It is absolutely safe to use American Express on Wisconsin betting sites. The payment solution comes with robust fraud detection systems and smart authentication technologies. This ensures that your personal data and transactions are safe. In addition, Amex is an established and reputable company, which means you can trust it with your hard-earned money.

Do all betting sites in Wisconsin accept American Express?

Unfortunately, not all betting websites in Wisconsin accept American Express. Though Amex is not as widespread as MasterCard and Visa, you will still find the vast majority of sportsbooks accepting it. Always stay away from offshore platforms as you look for an Amex gambling platform. Instead, only sign up at sportsbooks that are licensed to operate in Wisconsin.

How do I check if a betting site accepts Amex in WI?

It is quite simple to check if a particular betting site in Wisconsin accepts American Express. You simply need to move to the footer of the respective website and look for the Amex logo. You can also navigate to the banking or cashier page and look through the list of accepted payment services. If you see American Express on the list, you can use it on that sportsbook site.