Online Gambling in Georgia in 2024

Before you sign up with any of the top online betting sites in Georgia, you’ll need to know how to deposit money into your account and how you’ll get paid when you win. Due to these sportsbooks being offshore, there can be a sense of the unknown about how safe your money is which is understandable.

This is the purpose of this guide, to provide you with all of the information you need to make the right choice for you. One thing that needs to be understood about these offshore sportsbooks is that their reputations are built on their ability to pay people out. There are other factors as well but paying users when they win is decisive for customers.  

For that reason, every single one of the offshore sites that we’ve recommended is known for prompt payouts. Regardless of how good their other features are, if a company has a reputation for not paying their customers promptly when they win, they are automatically disqualified from being on our list in this guide.  

With that in mind, what needs to be considered are these two things when choosing which sportsbook is right for you; deposit and withdrawal options. Below we will list the most common banking methods that can be found at online betting sites for bettors in Georgia. 

Deposit Options: 

• Most major credit cards (Visa, Mastercard, American Express)
• Bank transfers, wire transfers, P2P transfers (peer to peer) 
• Digital Wallets 
• Cryptocurrency 

Withdrawal Options: 

• Cryptocurrencies 
• Bank transfers 
• P2P transfers (peer to peer) 

The options available depend on what site you decide is right for you. What we can do is give you a few recommendations. If you want to send money as fast and securely as possible while getting paid out quickly when you win, cryptocurrency is the way to go. Unlike credit card transactions, crypto deposits do not need approval from a third party, i.e the bank.  

With crypto, you send the money and it gets received as long as you have the available funds in your crypto wallet. Most of the top online betting sites in Georgia cover the fee that your wallet charges you.  

When you win, you can request the withdrawal via crypto as well and some companies even offer same-day payouts and other perks for betting with Bitcoin. This is the best deposit and withdrawal option for all of these reasons.  

The most common way for customers to deposit is still via credit card. It’s hard to argue that credit cards are the most convenient way of funding your account. For those of you unfamiliar with crypto, credit cards just make sense. There is one important thing to note and that is if you are using a credit card to fund your account before you can get paid out, most of the online betting sites in Georgia will want proof that you own the card.  

As important as security is to you, it means just as much if not more to the offshore sites. They need to make sure that they are doing their due diligence when accepting funds from customers and that means making sure that you are the owner of the card that you are using to fund your account. You may be required to send in proof of residence and a copy of the front and back of the card in question. 

Every sportsbook operates differently so how you go about proving you are the owner of the card you choose to deposit with will depend on who you sign up with. What you need to understand is that this is industry standard on a global level. If a sportsbook accepts credit card deposits from you and pays you out without ever asking you to confirm your identity, you should be suspicious.   

The one thing we can give the head up on is that for the sake of convenience, most online gambling sites will allow you to deposit without identity confirmation at first. The reason they do that is for the convenience of the customer. So when you are a new player, your credit card deposit will go through without any additional requirements.  

What tends to happen is that depending on the sportsbook you sign up with, they’ll ask you to confirm your identity after a few deposits or when you make your first withdrawal request. We suggest you complete the identification confirmation as soon as possible for the following reasons: 

• High deposit limits  
• Every online sportsbook has daily, weekly, and monthly deposit limits for credit cards 
• Faster payout 
• The process of confirming your identity can take a few hours or a few days depending on how busy the sportsbook in question is. There’s no reason to delay your payout when you can have this process completed long before your first withdrawal request. 
• Overall better user experience 
• You signed up to play. The registration process should be the time that you also complete the identity verification. That way once you’ve signed up and funded your account, the only thing left to do is get action on your favorite game.  

Oftentimes, customers will complain that online sportsbooks are delaying their payout. While that can be true, most of the time, the only reason there is a delay is that a lot of customers don’t bother completing the identity verification process until they want a payout. In other words, they are laying the blame on the sportsbook for something that is their responsibility. Do yourself the favor of getting this step out of the way early on.