Sports Illustrated Casino is one of the best places to enjoy a thrilling real-money casino experience in the state of Michigan.
On this page, you’ll find everything about Sports Illustrated Casino payment options, what are the best methods to choose from, how fast you can complete first transactions on the platform, and deposit limits. You’ll also discover the brand’s withdrawal methods and fastest methods for cashing out your winnings.
What Are the Best Sports Illustrated Deposit Methods?
Sports Illustrated Casino accepts multiple deposit methods, so it’s a good match for all players looking to use their preferred option. The brand is legal in Michigan, so only players from this state can access the platform and make deposits. Before you proceed with the very first transaction on the site, feel free to check the list of accepted methods.
Debit and Credit Cards
Debit/credit cards are among the most frequent options at online casinos, and Sports Illustrated Casino accepts both Visa and Mastercard.
- Minimum deposit: $10
- Transaction times: Up to 10 minutes
- Fees: No fees
- Bonus eligibility: yes
Bank Transfer
Sports Illustrated Casino also accepts both standard and instant bank transfers for those who prefer traditional payment systems.
- Minimum deposit: $10
- Transaction times: Up to 10 minutes.
- Fees: No fees
- Bonus eligibility: yes
PayPal
If you like e-wallet services, the Michigan-licensed brand supports PayPal for simple and handy transactions:
- Minimum deposit: $10
- Transaction times: Up to 10 minutes.
- Fees: No fees
- Bonus eligibility: yes
Play+
Sports Illustrated Casino allows users to deposit via Play+, another secure and cashless method in the US.
- Minimum deposit: $10
- Transaction times: Up to 10 minutes.
- Fees: No fees
- Bonus eligibility: yes
Discover
Simplicity is always a priority, and Discover allows users to make smooth and fast deposits at Sports Illustrated Casino.
- Minimum deposit: $10
- Transaction times: Up to 10 minutes.
- Fees: No fees
- Bonus eligibility: yes
PayNearMe
If you want to use PayNearMe services when playing at the site, you have to deposit cash at your local 7-Eleven store.
- Minimum deposit: $10
- Transaction times: Up to 10 minutes.
- Fees: No fees
- Bonus eligibility: yes
Fastest Deposit Methods at Sports Illustrated Casino
The abovementioned deposit times for each of the methods are only estimates. Your deposits usually arrive faster than expected, but the most efficient solution is PayPal, with instant deposit time. This is because the payment provider belongs to e-wallet services which are already famous for lightning-fast and simple transactions.
How to Make an Online Deposit at Sports Illustrated Casino
Making the first deposit at Sports Illustrated Online Casino is relatively simple. Before you continue with the first transaction, you have to be a registered member. Once you sign up for the site, you can continue with the following steps:
- Go to the main lobby
- Enter your credential to log into your account
- Click on the cashier section
- Choose deposit tab
- Choose one of the presented payment systems
As part of the registration process, you have to enter personal information, including first and last name, date of birth, address, phone number, and social security number, for verification purposes. In addition, you will have to pick your password and answer a security question to proceed.
Does Sports Illustrated Match Your First Deposit?
If you decide to join, the brand will match your first deposit with a valuable percentage. As part of the Sports Illustrated Casino bonus, you will get a 100% deposit match up to $1,000 as well as a $10 sports free bet! The deposit match is on top of the $50 free no deposit bonus at Sports Illustrated Casino that you already get when you register!
To be eligible for this offer, you have to make the first deposit at the site. Only new players qualify, and this bonus expires seven days after receiving it. Moreover, there is a 15x wagering requirement with the offer. You can receive the match bonus regardless of the selected deposit method.
Sports Illustrated Deposit Match Promo Code
Sports Illustrated Online Casino awards a match deposit without requiring the entry of any promotional code. You can claim the amount as soon as you complete the first payment. This is a piece of good news for players looking for simple-to-claim Sports Illustrated Casino promotions.
Is there a Sports Illustrated Deposit Limit?
When you sign up for Sports Illustrated casino, you have to make a minimum $10 deposit to be able to access your favorite games. The same limit applies to all payment methods as well as to the deposit match bonus.
The brand does not state the maximum deposit amount, but you can expect flexible limits. Essentially, deposit limits for members depend on the individual status of each player and account history. You can also request an increase to the existing deposit limit by contacting customer support.
As for the payment restrictions, the casino does not impose any additional limitations. However, you may be required to pay additional costs or fees depending on your card issuer.
How Do You Withdraw Money from Sports Illustrated?
If you earn something on Sports Illustrated Online Casino, you should consider withdrawing your winnings. Most deposit methods are also available for withdrawals. However, some methods are not available for cashing out, such as Visa and Master credit cards, Discover, Instant Bank Transfer, and PayNearMe.
Once you are ready to withdraw Sports Illustrated Casino winnings, you can continue with the following steps:
- Go to the main lobby of the online casino
- Log into your account
- Click on the cashier section to continue
- Press Withdrawal tab
- Enter the amount you want to pull out from your balance
- Choose the withdrawal method
- Submit withdrawal request
As for the withdrawal fees, the casino does not impose any additional charges on your withdrawals. However, you need to submit relevant documentation as well as sign a list of the previously made deposits with the brand. Sports Illustrated Casino reserves the right to cancel and/or cease the processing of cashout requests until receiving final approval for any outstanding deposit transfers.
You can withdraw bonuses only after you meet the bonus policy requirements. You can check your withdrawal history by clicking on the same-named option.
Debit Cards
Debit cards (both Visa and Mastercard) are the most convenient withdrawal options at Sports Illustrated Casino. You should know the following:
- Minimum withdrawal: $10
- Transaction time: up to 3 days
- Fees: No fees for withdrawals
Bank Transfer
Bank transfer is another cashout method for regular and smooth withdrawals.
- Minimum withdrawal: $10
- Transaction time: up to 2 days
- Fees: No fees for withdrawals
PayPal
Sports Illustrated Casino also accepts withdrawals via PayPal if you are looking for an electronic wallet service that is both instant and secure.
- Minimum withdrawal: $10
- Transaction time: up to 3 days
- Fees: No fees for withdrawals
Play+
Play+ is another option for cashless and secure withdrawals at Sports Illustrated Casino.
- Minimum withdrawal: $10
- Transaction times: up to 3 days
- Fees: No fees for withdrawals
Fastest Withdrawal Methods at Sports Illustrated Casino
According to the official information on Sports Illustrated Casino, Bank transfer is the fastest method for completing online withdrawals. The average withdrawal time for online bank transfers is 2 days. Once you submit a withdrawal request, you have to wait one hour until the casino accepts it. Within this timeframe, you can withdraw the request from the cashier. After that, your request will be processed in two days. However, this period counts only between Monday - Friday.
Are Sports Illustrated Winnings Taxable?
If you happen to win something while playing on Sports Illustrated Online Casino in Michigan, you have to pay taxes on your winnings. All gambling winnings in MI are taxable, including the cash earned from online slots, sports betting, and poker.
It is also worth noting that Sports Illustrated Casino may also withhold federal and state tax depending on the amount you win on the platform. This will be presented in the W-2G form sent to you. Not receiving any form doesn’t mean that your winnings are not taxable. Your legal obligation is to report all casino winnings on your tax returns.