What is MatchPay?

MatchPay is a person-to-person (P2P) platform that allows sports bettors to trade credit from one another. It can be used for transferring funds between accounts at different sportsbooks or even between betting sites, as well as a variety of other uses. The service matches users with credits they want to buy or sell through PayPal, Venmo, Zelle, Apple Pay, and CashApp, among others. The money transfers are then completed through Bovada as an intermediary, making this a safe and secure option.

MatchPay has been integrated into the Bovada banking suite, allowing new and existing members to use it for depositing and withdrawals. It works much like other payment methods and is compatible with mobile devices of all makes, models, and screen sizes. It also has a number of built-in security features to help keep betting and banking online a smooth and secure experience.

Getting started with MatchPay is as simple as selecting the option during the banking suite signup or transfer process. Once you’ve entered your details, you’ll receive an email with a five-digit code that must be entered into the form to complete the process and become a MatchPay Trader. You can then login and use the service to fund your account at any of the many legal US sportsbooks that accept it.

In addition to its security features, MatchPay has a number of rules that must be followed by all Traders. For example, users must act in a polite and civil manner at all times and not harass or degrade other users or the company’s staff. They must also not post or link to “spam” or other inappropriate content. Any violations of these rules will result in a ban from the service and possible legal action.

The most important thing to remember when using MatchPay is that it’s a peer-to-peer service. This means that the credit you receive isn’t guaranteed until a buyer is found. This can take a few minutes, and you should always wait until the credits appear in your available balance before confirming the trade.

Once the transaction is complete, you’ll get a notification within your linked P2P app. Then, you can choose to cash out to your bankroll or use the funds within your P2P app for other purchases, private money transfers, or paying bills.

While this isn’t a same-day payout method in the same way as crypto, it does allow you to get your money faster than most other options. This is because it eliminates the need to request voucher codes, post them for sale, communicate with potential buyers, or negotiate terms.

If you’re ready to give this payment method a try, head over to Bovada’s website and select the MatchPay option from the withdrawal menu (or during the signup process). You’ll find it in the main “Deposit” section of the banking suite. Once you’ve selected it, you can then enter the amount of your sports betting balance that you wish to withdraw.