SportsInteraction Deposits and Withdrawals
SportsInteraction is a Canadian-based all-in-one gambling site best-known for its sportsbook. The site is also host to a racebook, poker room, and a casino (including live dealer games). SportsInteraction has been in business since 1997, making it one of the older still-operating online bookmakers.
SIA, as the site is known to its fans, is headquartered in Kahnawake, Canada. Kahnawake is a Native region famous for licensing gambling operations all over the world. SportsInteraction is licensed by the Kahnawake Gaming Commission. It’s considered a flagship site for that jurisdiction, due to its longevity and reputation among sports bettors from all over the world
Though SportsInteraction does not allow new customers from the USA to open accounts, the site remains open to American accounts opened before September of 2013. Restrictions in place from the 2006 UIGEA bill are responsible for the site’s exit from the US market.
Instead of focusing on American customers, SIA is aimed at a global market. One side effect of that aim is a wide array of financial options. Often, sportsbooks aimed at the US market offer just a few deposit and withdrawal methods. Let’s look at the deposit and withdrawal options at SportsInteraction, starting with a list of available world currencies.
• US dollar
• Australian dollar
• Canadian dollar
• Hong Kong dollar
• Japanese yen
• Pounds sterling
• Singapore dollar
• Swiss franc
• Danish krone
• Swedish krona
• South African rand
SportsInteraction Deposit Methods
The site currently offers a dozen options for making a deposit, none of which carry additional fees. They are:
• Entropay Virtual Visa Card
Allows for multiple currency conversion. Available instantly.
• Credit/Debit Card
Restricted in some countries; Canadians in particular may have difficulty.
• Instant Echecks
Only available to American customers who opened accounts prior to 2013.
Most popular in Europe. Available instantly
One of the most-popular Canadian eWallets. Available instantly.
An eWallet service tied directly to your bank account. Available in 55 countries
• Instant Banking
Clients that deposit using Instant Bank Transfer cannot withdraw until two weeks later.
A popular European eWallet based in the UK. Available instantly. Recently purchased by Skrill.
A regional Canadian eWallet service.
A UK-based online payment system open to customers from 150 countries.
Probably the biggest household name in British online payment services. Available instantly.
Fund your account by mailing a check or money order. Can take several weeks to clear.
SportsInteraction Withdrawal Methods
Take note that every SportsInteraction customer is eligible for one free withdrawal per month. Otherwise, withdrawals require a fee. The table below shows the fees for various withdrawal amounts.
|Withdrawal Amount||Fee (in USD)|
|$0 – $1,000||$20|
|$1,001 – $2,000||$30|
|$2,001 – $3,000||$40|
|$3,001 – $4,000||$50|
|$4,001 – $5,000||$60|
All of the above listed eWallet services have companion withdrawal options, but customers must have used that method for their deposit in order to make a withdrawal. None of these services require a fee beyond what’s listed on the table above, and all are listed as “instant.”
Three alternative withdrawal methods are currently available to SIA customers:
• Wire Transfer
Wire Transfer withdrawals of $1,000 or more are free. Wire Transfer withdrawals under $1,000 require an additional $10 fee on top of the $20 withdrawal fee what the site already charges. Wire transfer withdrawals take 1 to 2 days.
Customers are eligible for an additional free withdrawal per month if they use InstaDebit. Any other InstaDebit withdrawals in the same month require an extra processing fee of $2 on top of what the site already charges for your withdrawal. InstaDebit withdrawals are listed as “instant.”
Check withdrawals of $1,000 or more are free, regardless of how many you order in a month. A fee of $5 is added for all withdrawals of under $1,000, on top of the $20 fee the site charges. Check withdrawals may take as long as 28 days.
SportsInteraction Cashier Terms and Conditions
Take a moment to read the site’s terms and conditions page. I’ve highlighted some of the more important details below:
• The minimum deposit amount is $20. Some of the site’s bonuses require a higher minimum deposit, but you can fund your account with as little as $20 USD or equivalent.
• Beyond existing withdrawal limits, customers are limited to winnings of $100,000 per week. This restriction does not include certain parlay/teaser payouts in the sportsbook or progressive jackpots available on some of the casino games.
• Though SportsInteraction advertises itself as a “truly global service,” customers from the following countries (besides the USA) are restricted from opening accounts: Israel, Cyprus, Estonia, Bulgaria, Venezuela, Indonesia, Netherlands, Pakistan, Russia, and Belarus.
• Be careful not to let your account go dormant – if you make a deposit, be sure to play it through or you may lose it little by little. From the site’s T&C pages: “If your account is dormant we will begin deducting a monthly fee of US$5 per month until the balance on the account is zero or your account becomes active again. Account activity is defined as the following: making of a deposit or withdrawal; placement of a Sportsbook bet, Racebook bet, Casino bet, Games bet or play of a poker cash game or tournament. The fee is not refundable.”
Though SIA has been a part of the online gambling industry since the late 90s, the site doesn’t have the clout of other long-lived bookmakers. That has something to do with its small size, and something to do with the audience the service is aimed at.
SportsInteraction has a varied list of available deposit methods, a decent selection of withdrawal options, and provides support for a dozen world currencies. It’s no longer open to new US-based customers, but is a popular online bookmaker among Canadians. The financial details available at the site indicate that SIA is most interested in Canadian and European customers, and it’s easiest to make deposits and withdrawals to the site’s cashier department if you’re based in one of those areas.