How To Use MatchPay To Make Offshore Gambling Deposits In 2023
MatchPay is a brand-new third-party service that allows account holders at various online sites to sell all or part of their financial balances to other members at those same sites.
For online offshore gambling operators, MatchPay finally allows them to indirectly accept safe, secure, rapid PayPal, Venmo, Cash App, and Zelle deposits (among other P2P deposits), which is a huge boon for both prospective and existing members. Bovada, widely known as the best online betting site in the US, was the first major operator to employ the MatchPay platform to allow their members to easily fund their accounts with these popular person-to-person instant-pay services.
To learn how to use MatchPay to make offshore gambling deposits legally and safely, our brief guide explains everything you need to know about how the service works, the P2P platforms it uses, and the best way to get your betting account topped off with the most popular peer-to-peer money transfer apps in the world.
Note: As of 2022, Cafe Casino MatchPay options and Slots LV MatchPay options have been rolled out, though access to the service will depend on your geographic location and membership status. If it's in the cashier menu, you can use it!
The Best Offshore Gambling Sites That Accept MatchPay Deposits In 2023
Currently, only Bovada supports the brand-new MatchPay platform for PayPal betting deposits, Venmo betting deposits, Cash App betting deposits, and Zelle betting deposits. (Zelle MatchPay deposits are not to be confused with the Zelle-to-Bitcoin deposit method, which is supported by every top gambling site recommended here.)
That said, because MatchPay opens up a whole new world of easy online gambling banking options to millions of new potential customers, we expect all the best casino, sportsbook, and poker sites to adopt the service sooner rather than later. You can use MatchPay at Bovada today, while the following operators should all deploy the option in the near future:
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Is It Legal To Use MatchPay To Fund Your Offshore Online Gambling Activities?
Yes! As long as you use a legal offshore betting site that operates outside of US jurisdiction, you are breaking no US gambling laws by doing so. Similarly, even though there is a federal banking law called the UIGEA that specifically targets US-based banks and financial institutions that knowingly process payments to or from offshore casinos, sportsbooks, and poker rooms, MatchPay is not in violation of that mandate.
That said, residents of Washington are technically barred from all forms of online gambling. And though WA does not actively enforce these laws, we must recommend and insist that you follow all local gambling rules and regulations and proceed only at your own risk.
What Is MatchPay?
MatchPay is a unique, first-of-its-kind financial trading platform that allows customers of various online retailers and service providers to sell portions of their eligible account balances to other members of those same venues.
When it comes to legal offshore gambling, Bovada recently became the first major brand to launch support of MatchPay to allow new and returning customers to be able to buy all or part of the account balances of existing Bovada members who have signed up to be MatchPay Traders.
This is mutually beneficial, as it allows gamblers to fund their accounts with convenient, trusted, and popular payment types while allowing other site members a fast, easy way to collect same-day payouts. Gamblers aren’t usually allowed to work together, but with MatchPay, they’re encouraged to do just that!
How MatchPay Works For Offshore Betting Deposits
Offshore gambling sites do not and cannot accept PayPal, Venmo, Cash App, or Zelle Pay transfers directly due to their status as being foreign gaming companies (and due to the fact that several of these P2P services are US-only). But that doesn’t mean you can’t use these services to indirectly fund your online betting!
Here’s why: If the site in question (i.e. Bovada) uses MatchPay, you can use the above services to make deposits because you aren’t actually transferring money to the gambling operator itself. Instead, you are sending your money to other US-based site members who then allow the betting site to take a portion of their account balances and credit them to yours on the server side.
It’s a simple, legal, and elegant solution to one of the biggest hurdles facing potential customers, and it works like a charm. Further down this page, we’ll explain the actual MatchPay deposit process in detail so you can see for yourself exactly how easy the entire system is.
What P2P Payment Platforms Does MatchPay Support?
MatchPay is a revolution in the online offshore gambling space because it allows bettors access to extremely popular payment transfer methods that they’ve never been able to use before. Whether you’re interested in playing at an offshore casino, an offshore poker room, or an offshore sportsbook, MatchPay is literally where the money is.
With MatchPay, gamblers can now freely make the following types of deposits:
- PayPal gambling deposits
- Venmo gambling deposits
- Cash App gambling deposits
- Zelle Pay gambling deposits
- Square gambling deposits
- + More
Remember, none of these services can be used to directly fund your offshore betting account, which is what makes MatchPay so attractive for avid bettors and gamblers in the United States.
Now, if you use any of the above services, you can easily fund your online gambling activities quickly and safely using payment processors you’re already familiar with and trust.
How To Make MatchPay Deposits At Legal Offshore Gambling Sites
Making a MatchPay deposit is simple. At Bovada, which we’ll use for our example of the MatchPay process since it’s the first MatchPay gambling site out of the gate, the following steps are all it takes to fund your offshore betting account with PayPal and other P2P payment platforms that were previously not supported by the gaming market:
- Follow any link here to sign up at your offshore casino, sportsbook, or poker room (in this case, Bovada).
- When asked to make a deposit, select the MatchPay option, enter your MatchPay Trader ID, and enter the amount of money you wish to put into your account. If you don’t already have a MatchPay trader ID, you can sign up for the service via the gambling site’s plug-in or do so directly at the MatchPay website. At this stage, you can also select an optional deposit bonus.
- Once you submit your deposit request, MatchPay will automatically pair you up with another Bovada MatchPay user who has authorized the site to sell you all or part of their account balance.
- With the seller, you will select PayPal, Venmo, Cash App, or Zelle to complete the transaction. From there, use your PayPal app or other P2P app to send the funds to the address provided. MatchPay and your betting site will oversee this transaction to ensure that everything goes smoothly.
- Once the transaction is complete, your betting account will be credited with the appropriate funds and you will be able to play the digital slots, hit the digital felts, bet on sports, and play real money online poker immediately.
Note: Bovada also supports online gambling voucher deposits, which work the same way that MatchPay does (i.e. allows members to make deposits and withdrawals using P2P apps like PayPal, Venmo, Cash App, etc.). However, MatchPay automates this process entirely, making it much simpler and easier. The sole tradeoff is that MatchPay deposit and payout limits are smaller than those for sportsbook vouchers, so be sure to plan accordingly.
MatchPay Bonus Options
MatchPay deposits come with the same standard bonus options that direct gambling site deposits offer. These usually match your deposit with 50-300% of the amount you put in, boosting your bankroll significantly. MatchPay gambling bonuses also have same terms and conditions that all other online betting bonuses do.
Please note that MatchPay deposits do not make you eligible for enhanced Bitcoin gambling bonuses and other crypto perks, as MatchPay uses fiat money and not cryptocurrency. There is no way to purchase cryptocurrencies like Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP), or Stellar (XLM) using MatchPay at this time.
MatchPay Same-Day Payouts
Another way that MatchPay is a gamechanger at the best offshore casinos and gambling sites is that it actually allows for same-day payouts. Before MatchPay, same-day withdrawals were the exclusive domain of cryptocurrencies, and to get them, you had to first make all associated deposits with crypto.
Now, when you deposit using PayPal and other services via the MatchPay platform, you can get same-day payouts in USD by selling your eligible account balance (or a part of it) to other users who have opted to deposit with MatchPay at your betting site.
These payouts are sent directly to your PayPal account, Venmo account, Cash App account, or Zell account. This is actually even faster than a same-day crypto withdrawal, because the latter requires you to take the extra step of moving your crypto out of your wallet or off the exchanges and into your bank account before you can withdraw your funds in US dollars.
MatchPay Gambling FAQs
Is MatchPay legal?
Yes, it is 100% legal to use MatchPay if you live in the United States. Just as there are no laws preventing you from gambling online, there are no laws preventing you from using MatchPay to make private P2P transfers to other online gamblers at your site of choice.
As long as you’re at least 18, have a legitimate betting account, and are legally able to use PayPal or any of the other peer-to-peer payment options MatchPay supports, you can use the service without fear of penalty.
Is MatchPay legit?
MatchPay might be a brand-new service, but it is a legitimate trading platform that has been adopted by Bovada, the most trusted name in legal online gambling.
Bovada is well known for its strict approach to bet funding options, specifically because each method the site supports has to live up to rigorous quality and reliability standards. The fact that Bovada – of all sites – has chosen to employ MatchPay speaks volumes about this service and its legitimacy.
Is MatchPay safe?
Absolutely. When you use MatchPay to make any online casino banking transfer – whether you’re a buyer or a seller – you are guaranteed a safe, secure experience. The MatchPay platform requires two-stage authentication for all users, and MatchPay Traders must be members in good standing at Bovada (and the other operators that offer the service).
Further, since MatchPay uses PayPal, Venmo, Cash App, and Zelle, you get those brands’ state-of-the-art security protocols with every transaction. Along with cryptocurrency, MatchPay is one of the safest ways to fund your online gambling pastime.
Is MatchPay free to use?
Yes. Signing up for MatchPay is completely free, and the process just takes a couple of minutes. While it is conceivable that MatchPay could charge a service fee in the future for pairing up account balance transfers, there is currently no added fee when depositing or withdrawing your gambling funds at Bovada.
What legal offshore gambling sites use MatchPay?
Right now, only Bovada, Cafe Casino, and Slots LV support MatchPay gambling.
That said, we’d be shocked that in the weeks and months to come, multiple other top-rated casino and online gambling brands didn’t also roll out MatchPay options (or similar) for their customers.
Are there deposit limits for MatchPay gambling?
Yes. Every site has deposit limits for all transactions, regardless of type, and different sites will have different limits. At Bovada, the MatchPay minimum deposit is set at $20, while the MatchPay maximum deposit is set at $1000.
Are there withdrawal limits for MatchPay payouts?
As with deposits, when you elect to receive a MatchPay payout (via any supported P2P platform), there are limits in play. Currently, Bovada’s payout limits for MatchPay are $20 at the low end and $1000 at the high end. Bovada allows for two MatchPay withdrawals per day, though other operators will set their own allowances.
Are there any MatchPay fees?
In most cases, no. Because MatchPay pairs you up with other US-based bettors and gamblers, you are able to make private person-to-person transfers to them using the popular P2P payment apps of your choice. These apps all allow fee-free transfers between individuals as a matter of course.
However, there are exceptions. If you’re using a credit card with one of these services instead of a direct checking account, for example, you may incur added processing fees on their end, while international PayPal transfers also come with minimal surcharges to be aware of.
At Bovada, which is US-only, international transfer fees are not a problem, but when other sites with a more global clientele adopt MatchPay, this could become an issue to be aware of when managing your betting bankroll.
Can I receive MatchPay payouts at offshore gambling sites?
Definitely! One of the biggest benefits of becoming a MatchPay Trader at sites like Bovada is that you can not only deposit with popular P2P services via MatchPay, but you can also claim same-day payouts using those same services by selling part of your account balance to other members. MatchPay is currently the fastest way to get same-day offshore gambling payouts in USD.