Which betting sites in Illinois accept Play+?
There are currently 3 betting sites in Illinois that accept Play+: DraftKings, Caesars, BetRivers.
About Play+
Play+ is a type of eWallet, designed specifically to use for online sportsbook and casino purchases. Just like with any other eWallet, you have to create an account on the platform and attach it to your bank account, in order to transfer money.
Then, you can visit your favorite online sportsbook in Illinois and fund your account, using PlayPlus. It will function as a mediator between the sportsbook and the bank, and it will transfer your money safely. The Play+ account is protected by FDIC. This way your account and banking details are safe and private.
When you create a Play+ account, you also get a prepaid card to use in any online casino you want, as long as it accepts Discover. Moreover, the register is free. However, it charges fees, depending on the online casino or sportsbook.
To find out more about the transaction charges, you have to read the details in the sportsbook of your interest. In addition, Play+ has loading limits. The maximum loading per day is $2,000, per week $4,500, and per month $10,000. So, always keep that in mind if you are planning on placing high or a lot of bets.
How to deposit with Play+ on Illinois sportsbooks
It is very simple to make a deposit using Play+ on Illinois sportsbooks. In fact, it does not differ much from all the other regular paying methods, such as eWallets or credit cards.
1. Choose a sportsbook that accepts Play+ and create an account.
First of all, if you are planning on depositing with Play+, you need to find an online sportsbook that accepts this payment method. Once you find your preferred one, that has the best deals and favorable terms and conditions, you have to create an account.
In order to do that, you have to fill in your personal information. That is your full name, mailing, and email address, your age along with a piece of identification, and finally your payment method.
2. When making a deposit choose Play+ as your payment option.
After you do that, you will most probably have to make the first deposit. When you do that, make sure to choose Play+ as your payment option.
3. Fill in your Play+ information and start betting.
Once you do that, you have to fill in your Play+ information. After that, the money will be deposited instantly into your sportsbook account. Now you can start wagering on your favorite sports!
Withdrawing to your Play+ account
Withdrawing winnings to your Play+ account is very easy and simple. However, you must remember that withdrawal has mostly to do with each sportsbook. Therefore, the time it takes to withdraw your winnings is different each time.
In order to withdraw your winnings to your PlayPlus account, you must follow these steps:
1. Withdraw your sports betting winnings to your Play+ Account
When you win in sports betting, your profits go to your balance. From there, you need to transfer it to your Play+ account. Luckily, the platform does not charge fees on withdrawals from sportsbooks.
2. Use the PlayPlus Card or transfer money to your bank
Once you withdraw the money to your PlayPlus account, you have two choices. One is to transfer the money from Play+ to your bank account. It is very easy and fast.
However, the bank might charge you for this transaction, especially if the amount of money is big. To make sure, read the terms and conditions for such occasions and specifically for Play+ of your bank.
Your second option is to go to an ATM and withdraw your money in cash by using your PlayPlus card. However, this option charges very high fees. Therefore, if you are not willing to pay them, go for the first option.
Also, it is not to your benefit to withdraw just a small amount at separate times, because the overall fees will be much more compared to one ATM cash out.
Pros & cons of using PlayPlus when sports betting in Illinois
If you are still wondering whether you want to use Play+ for sports betting in Illinois or not, you can read its pros and cons, gathered all below.
This way, you can make a more informed decision. Generally, Play+ is becoming more and more popular for online gambling.
Pros
A great characteristic of Play+ is that the deposits are almost instant. It literally takes no time to load money to your Play+ account or to make deposits to online sportsbooks.
At the same time, you can keep track of your betting habits. In your Play+ account, you can see how much money you spend on gambling, when do you place bets, and where.
It is important to do that if you do not want to become a gambling addict and stay on the fun side of it. Last but not least, it is one of the safest and easiest payment methods.
Your money and personal information are well protected by FDIC so that there is no risk of fraud or theft. Moreover, the overall use of it is super easy. The website is well-designed and user-friendly.
Cons
Despite the aforementioned pros, Play+ has two important disadvantages as well. First, you need to have a separate Play+ account for each sportsbook. This can be very frustrating, especially when you play in many sportsbooks and not just one.
You will have to remember different passwords for each account and remember which account is for each bookie. Second, the fees of using Play+ vary between sports betting sites.
While one betting site may charge a small or not at all fee, another may charge a pretty big one. You have to read the details on each sportsbook website in order to make sure if it is worth it to pay by Play+.
Alternative payment methods
If the disadvantages of Play+ are more than what you can handle, you can opt for some alternatives when you want to deposit funds to an online sportsbook in Illinois.
Prepaid cards
A prepaid card is a common and easy option. You can buy them even at grocery stores, at your bank, or even get a virtual prepaid card. You load it with money, and then you pay your bets with it.
It works just like a credit card, but you do not have to attach it to a bank account, and you can use only the money you loaded. You can not overspend, at least in most cases. Moreover, sportsbooks do not charge any transaction fees when paying with a prepaid card.
eWallets
Another great alternative to Play+ is the eWallets, and especially the most popular ones: Paypal, Skrill, and Venmo. They are the fastest and safest way to make online transactions. The transactions happen instantly and with no charge fees.
As you can see, it is a great alternative if you are hesitant towards Play+. Besides, you can use your eWallet for any online purchase. What's more, is that eWallets have very strict safety measures. Thus you can relax, as you do not run the risk of being cheated.