The use of echecks in online transactions is a very popular banking method with NJ casino apps and sportsbooks. It’s basically a case of old-school check by mail meeting up with modern technology.
There’s really no difference between a traditional hand written or printed check and an echeck, other than the fact that an echeck transaction takes place entirely online.
What is an echeck online casino?
An echeck casino is an online gambling site that accepts eCheck payments for deposits and withdrawals. eChecks function similarly to paper checks but are processed electronically via the Automated Clearing House (ACH) network. The top casinos accepting echecks are betMGM, Borgata, DraftKings and Fanduel. The sites are available in New Jersey, Pennsylvania and Michigan.
How Does ACH Echeck for Casino and Betting Work?
In the USA, all echecks are processed via the Automated Clearing House (ACH) network. Hence the name ACH echecks. Online casinos tend to only accept VIP Preferred ACH echecks. This requires the customer to sign up for the VIP Preferred service.
When paying with an ACH echeck, just like a regular check, you’ll be required to provide your checking account number and bank routing number, as well as including the payment amount. How long does it take to withdraw and deposit money to an online casino using echeck? Well, the processing time always depends on a gambling site, but typically, deposits are completed in a few days, and withdrawals can take between 3-7 business days.
What Are VIP Preferred ACH Echecks?
Online casino players will find that VIP Preferred is the recommended ACH echeck deposit and withdrawal method accepted by the majority of US online casino sites.
Gaining this VIP status is a very routine process. Provide VIP Preferred with your driver’s license number, your bank’s routing number and your bank account number and you’ll be immediately enrolled.
ACH Echeck Pros And Cons
Simplicity is at the heart of what makes using ACH echecks to do your online casino banking such a good decision. All that you require to be able to utilize this form of payment is an active checking account with a US bank. It’s also a very safe and secure form of financial transaction.
What it isn’t is fast, at least it’s not in comparison to options such as prepaid cards and ewallets, is the time it takes to complete a transaction. It can be anywhere from 3-5 business days before an ACH echeck deposit or withdrawal will be processed by an online casino app’s cashier. However, this downside is offset by membership in the VIP Preferred ACH echeck program. With VIP Preferred services, your financial transactions are instantly approved.
Are there any fees associated with using ACH eChecks at online casinos? Yes, and that is a con of this online casino payment method. Using ACH eChecks can involve transaction fees. Typically, these fees are a small percentage of the transaction amount (around 0.75% – 0,80%).
ACH Echeck Online Casinos and Betting Sites
These are among the top NJ betting sites and online casinos that accept ACH echecks as a funding method.
BetMGM
At BetMGM, financial transactions can be processed through VIP Preferred ACH echeck. By using VIP Preferred ACH echeck for withdrawals, funds will be transferred directly from your bank account into your BetMGM online casino account within 3-7 business days.
New players who sign up at the BetMGM Casino and enter the promo code NJDOTBET will receive their welcome bonus of a first deposit match of up to $1,000, plus $25 in casino bonus play on the house.
Borgata
You’ll find that you can also do your financial transactions at the Borgata online casino app via VIP Preferred echeck. Withdrawals will be processed within 24-48 hours and received within seven business days of approval.
By entering the promo code NJBETBRGT, you’ll be able to access the Borgata Casino signup offer of $20 in bonus casino play and a 100% matching first deposit of up to $1,000.
FanDuel
You can make use of the VIP Preferred echeck format at the FanDuel Casino. However, in the case of withdrawals, anticipate there being a waiting period of 2-5 business days for the process to be completed.
FanDuel Casino welcomes new players with 200 free spins, as well as up to $1,000 back in net losses over your first 24 hours of play.
DraftKings
They accept VIP Preferred echecks for deposits and withdrawals at the DraftKings Casino app. Deposits via this payment method will be processed immediately. However, it may take up to three days for the transaction to be reflected in your bank account.
You’ll get a two-tiered welcome bonus inside the DraftKings Casino. Make a $5 deposit to your new account and they’ll hit you up with $35 in bonus play. Wager at least $1 and you’ll receive an additional $100 in casino bonus play.
ESPN Bet
At the Hollywood Casino, ESPN Bet’s casino partner, you can use ACH echeck powered by VIP Preferred as a banking option. All transactions are immediately deposited, but it may take as much as 2-3 business days for it to clear in your bank account.
There’s three parts to the Hollywood Casino welcome offer. Right off the bat, you’ll receive $10 in casino bonus funds just for opening a new account. Then each of your first two deposits will be matched at 100% for up to $251. All together, that’s a $512 welcome bonus.
Comparing ACH eCheck Transactions at Top NJ Online Casinos: Processing Times & VIP Preferred Benefits
| Online Casinos | Deposit Processing Time | Withdrawal Time | VIP Preferred Service |
|---|---|---|---|
| BetMGM Casino | Instant | 3-7 business days | Yes |
| Borgata Casino | Instant | 3-7 business days (24-48 hours internal) | Yes |
| FanDuel Casino | Instant | 2-5 business days | Yes |
| DraftKings Casino | Instant | 3 business days | Yes |
| Stardust Casino | Instant | 2-3 business days | Yes |
How do I make an eCheck deposit at an online casino?
- Log in to your online casino account and navigate to the cashier or banking section.
- Select eCheck or ACH as your payment method.
- Enter your bank account number, routing number, and the amount you wish to deposit. Confirm the transaction.
What are the deluxe echecks?
Deluxe eChecks are mainly for sending and receiving payments online, like a digital version of paper checks. While they’re great for business or personal transactions, they’re not typically used for online casinos. If you’re playing at an online casino, you’d usually use ACH eChecks, credit cards, or other methods that work faster with the casino’s system. As of now, Deluxe eChecks are not accepted by casinos in New Jersey.
VIP Preferred: The Hassle-Free Way to Manage Your BetMGM Casino Funds
VIP Preferred is the go-to option for making deposits and withdrawals at BetMGM using your US checking account. It’s super secure, totally free, and as easy as writing a check—minus the paper. Just plug in your account and routing numbers, and you’re good to go!
Why should you use it? Well, it’s instant, meaning your funds are available right away, so you can get to the fun stuff faster. Plus, there are no hidden fees. Seriously, none.
Safety-wise, you’re covered. Your info is protected by strong encryption, and nothing happens with your money until you give the thumbs up. And if you’re wondering how long it takes to get your cash out—deposits show up instantly, and withdrawals usually take 3-7 business days after approval.
Even if you’ve used other deposit methods before, you can still withdraw through VIP Preferred. It’s flexible like that. And don’t worry about currency—everything’s handled in USD, keeping it simple.
In short, VIP Preferred is the hassle-free, secure way to manage your money at BetMGM, whether you’re making your first deposit or cashing out your winnings.
Explore alternatives: PayPal casinos or view gambling sites accepting Skrill.
