Super Bowl Betting With Zelle Deposits

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.