Super Bowl Betting With Zelle Deposits
With the Super Bowl just around the corner, you may not want to wait very long to get money into your betting account. After all, Super Bowl betting odds are volatile and fluctuate week to week, so if you let the play clock run out on a favorable betting line, you can cost yourself a pretty big chunk of change once those chains move!
Fortunately, you can now use Zelle to indirectly but easily fund your online NFL betting activities, as Zelle makes it fast and simple to buy Bitcoin (BTC) to top off your bankroll. Most Bitcoin buy-ins – at sites like Coinbase and other mainstream USD-to-BTC exchanges – take up to 10 days to clear for first-time cryptocurrency buyers, but Zelle cuts that wait time down to just minutes. If you want to bet on the Super Bowl ASAP, Zelle is the fastest way to wager.
Best Zelle Sportsbook For Super Bowl Betting
Bovada is our favorite site for betting on the Super Bowl with Bitcoin. They offer tons of props and have convenient deposit and withdrawal options including their Zelle-to-Bitcoin option.
Super Bowl Signup Bonus: Zelle depositors can take advantage of multiple bonus offers (some exclusions may apply) including their popular Welcome Bonus.
Best Super Bowl Betting Sites That Support Zelle Pay For 2022 - 2023 Use P2P Apps At The Top Football Betting Sites
Bovada – Step-By-Step Zelle Instructions + $250 Bonus
Bovada is the best offshore sportsbook for US players, giving American bettors thousands of daily betting lines. Of course, the site really shines during the NFL Playoffs and championship weekend, with the largest selection of Super Bowl wagers – including the best Super Bowl prop bets – of any online betting site. And because Bovada accepts Bitcoin, you can use Zelle to bypass lengthy exchange delays and buy BTC from private sellers on LocalBitcoins.com.
New Bovada members can get a $250 Sports Welcome Bonus, which is extendable to $750 if you use the site’s Bitcoin deposit option! (Note: Bovada does not currently accept new members from DE, MD, NJ, NV, or NY.)
What Is Zelle + How Does Zelle Work?
Zelle is an instant-pay banking service, and it works by allowing you to send money directly from a supported bank account to any other registered user. To do this, all you need to enter is the recipient’s credentials – typically an email address or phone number – and the dollar amount you wish to send. After that, the transfer is initiated, and there’s nothing more to do. (To see the bank list of participating providers, check out the FAQs at the bottom of the page.)
How To Bet On The Super Bowl With Zelle
While you can’t bet directly on the Super Bowl through the Zelle platform, you can put money on the big game by using the service to acquire BTC with which to deposit at any reputable offshore betting site.
Once you have your betting account topped off, you can browse the boards and place all the Super Bowl bets you wish. Your wagers will be shown in terms of USD or mBTC (milliBitcoin), and you can assemble your Super Bowl ticket as you would any other sports wager.
When you deposit via Zelle-to-Bitcoin, you will have access to all the NFL odds, lines, props, and futures you’re used to, with no multi-day wait to get your funds ready for betting. Zelle is the fastest way to fund your bankroll with Bitcoin, and it's the best Super Bowl bet you can make this season!
Depositing With Zelle
While Zelle is a direct deposit method, it cannot be used to directly send money to (or receive money from) an offshore sportsbook. Thus, there is not an actual timeline regarding how long it takes deposits to go through when funding your sports betting account.
Instead, when you want to use Zelle to bankroll your wagering, you’re actually using it to instantly buy Bitcoin. Then, you simply use that BTC to deposit into your legal Super Bowl betting site of choice, and the entire process takes less than an hour from start to finish.
- Zelle Fees – Currently, there are no added fees when using this platform to transfer money. While participating banks have the legal ability to charge fees for transactions, most banks have chosen to waive these in order to encourage mass adoption of the service. Bettors can use this to their advantage and maximize their bottom lines.
- Zelle Limits – Different banks will have different transfer limits. Most banks allow for multiple transfers daily, with limits of $1000 or more. For example, Wells Fargo users can transfer up to $2500 per day, while Chase Zelle users can send up to $2000 per day. Contact your bank to learn more.
Unfortunately, you cannot receive payouts using Zelle, as the service is limited to US-based transactions. Since offshore Super Bowl betting sportsbooks can’t have their payouts originate from inside US borders, Zelle withdrawals or direct deposits into your bank account are not possible.
That said, when you deposit with Bitcoin using Zelle, you can be paid out in cryptocurrency from Bitcoin sportsbooks, Bitcoin Cash sportsbooks, Ethereum sportsbooks, etc.) or another standard payout method supported by your book, like bank wires, money orders, or courier checks. Our guide to the fastest paying Super Bowl betting sites will go into more detail about which sites accept Zelle and Bitcoin.
How To Buy Bitcoin With Zelle
The procedure for purchasing BTC with Zelle (aka the Zelle-to-Bitcoin process) is fairly simple, but it does require that you set up an account with an exchange called LocalBitcoins.com.
LocalBitcoins is a trusted trading platform for BTC that allows private sellers to offer their cryptocurrency to private buyers, most of whom accept this type of transfer to do so. The process for buying BTC with Zelle – and then using it to wager on Super Bowl futures, props, or game lines – is as follows:
- Join a trusted, reputable offshore betting site by following any link on this page.
- Create a free account at LocalBitcoins.com.
- Use LocalBitcoins to find a BTC seller in your area that accepts Zelle Pay.
- Use your online banking app to transfer Zelle to your chosen BTC seller.
- Receive your BTC in your wallet.
- Visit your sports betting site’s cashier page and choose the Bitcoin deposit option.
- Transfer your BTC to the sportsbook crypto wallet address provided.
- Bet on the Super Bowl!
Zelle Vs. PayPal
If you want to know how to send money with Zelle and are familiar with using Paypal, Cash App (or Venmo), the process is largely the same. A money transfer can be initiated through your online banking portal or banking app, and you simply enter the credentials of the recipient.
The difference between Zelle and PayPal is that Zelle carries no added transfer fees and has no restrictions on what you can use the transaction to fund. Further, since you cannot use PayPal to easily purchase BTC in most areas, Zelle streamlines that process, too. Finally, you likely already have a Zelle account through your bank, which makes the entire process that much more convenient.
Zelle Super Bowl Betting FAQs
If you belong to a major US bank, chances are that you already have a Zelle account. If your bank supports Zelle, all you need to do is access your online banking homepage and enable the feature. Simply verify your email address or phone number, and you’ll be ready to send and receive payments to and from anyone in the US.
Zelle is a fully guaranteed, FDIC-insured product of the US banking industry, and it is regulated as such. In this sense, it is very safe to use, and it is protected against unauthorized use just like any bank, credit, or debit account.
That said, once you initiate a transfer, you cannot reverse the transaction. Thus, it is critical that you know and trust your recipient. This is why we only recommend using this option with reputable platforms like LocalBitcoins and other known, established vendors.
The financial institutions that use Zelle are currently limited to domestic US banks and credit unions, which means it is only available to USA-based customers at this time. While hundreds of American banks use the instant-pay service, it was developed and spearheaded by a few of the biggest companies in the industry. The main Zelle banks include the following (with Visa and Mastercard being official partners, as well):
- Bank of America
- Capital One
- JPMorgan Chase
- US Bank
- Wells Fargo
Yes! LocalBitcoins is a highly regarded international company that has been one of the premier cryptocurrency exchanges since its 2012 founding in Helsinki, Finland. The company connects BTC buyers with local sellers, and it protects both parties by putting the BTC into an escrow account for the duration of the transaction.
For example, if a buyer’s transfer fails to clear, LocalBitcoins releases the BTC back to the seller. Similarly, once a Zelle transfer goes through, the BTC is released to the buyer. Sellers are not able to abscond with your money, making the site one of the safest possible ways to buy BTC.
Most transfers on LocalBitcoins.com will take 10-30 minutes to finalize. Once the transaction is complete, it will take another 15-30 minutes to transfer it to your Super Bowl betting site and have it converted into USD or mBTC with which to wager. Thus, Zelle effectively reduces the overall BTC deposit process from over a week to under an hour!
If your bank is a member, then you can initiate payments from inside your online banking app and you will not need a dedicated app. However, if you frequently use Zelle or if your bank is not yet an official partner, you can download the Zelle app and use it for iPhone sportsbooks or Android sportsbooks to set up an account via a mobile device.
Depending on where and how you come across news of this banking product, you may see Zelle also referred to as Zelle Pay or even Zell. However, these are all the same services. Zelle Pay was an early official name for Zelle, though the company dropped the “Pay” part in its more recent branding efforts. Meanwhile, “Zell” is just a common misspelling of the service. (That said, we recommend staying away from vendors who can’t spell the name of the service correctly for obvious reasons.)
Because the best Super Bowl betting sites are all located overseas in other countries, you cannot use this option to fund your activities there directly. That’s why the Zelle-to-Bitcoin aspect is so important for sports bettors, saving both time and money when it comes to loading up their online betting accounts.
No. For some users, this may seem like a drawback, but this is actually the real genius of the platform: It works just like electronic cash and treats all transfers as private transactions. Banks officially “disavow” all Zelle transactions, meaning that they do not monitor what you purchase with the service and will not interfere with your privacy when using it to fund your online activities.
For bettors, privacy and trust are both extremely important, and Zelle encourages both of these.
When you use Zelle to buy BTC and fund your sportsbook account, you will not receive any special limits for how much you can wager on Super Bowl prop bets or Super Bowl betting lines. That said, Super Bowl wagering limits are usually quite robust across the board, and high rollers can negotiate even higher limits with customer service at most books.
Whether you use Zelle or any other payment method, you can lay down a bunch – and win a bundle – on Super Bowl Sunday!
While you cannot get any special bonuses for using Zelle specifically, many online Super Bowl betting sites offer perks for depositing with Bitcoin. And because deposits are technically BTC deposits, you can often claim enhanced Bitcoin bonuses and crypto reload bonuses at most of the top offshore betting sites. Your sportsbook’s cashier will have more information on all the crypto bonuses you can take advantage of.
Disclaimer: This page about how to use Zelle to bet on the Super Bowl is for informational purposes only. Zelle does not endorse this site, any online sportsbook, or any type of gambling entertainment.