- Best Betting Sites
- Payment Methods
Bank transfer betting is one of the most popular ways to fund online sportsbook accounts. The security of transferring funds to and from your primary financial institution provides a peace of mind. But like any online gambling payment method, bank transfers have their pros and cons, as we’ll discover on this page.
Our List of Betting Sites Accepting Bank Transfers
€20 Free BetBet Now
Website: William Hill
Owner: WHG (International) Limited
Founded Year: 1998
Deposit Methods: Credit / Debit Cards, eCheck, Skrill, Paypal, Revolut, Apple Pay...
Withdrawal Methods: Credit / Debit Cards, Skrill, Neteller, Trustly, ecoPayz
Sports Main: Football, Horse Racing, Boxing, Golf, Darts, Tennis...
Features: Bet builder, Livestreaming
You say sports betting, we say William Hill. This name has a particular resonance among betting enthusiasts, and for a good reason! One of the oldest Bookmakers out there (can you believe they're in business since 1934?) will certainly win you over with exquisite offers and a large variety of betting options. Sign-up is available from all 7 continents.
1st Deposit Bonus of 100% up to €250Bet Now
Owner: 888 Group
Founded Year: 2008
Deposit Methods: Visa, Apple Pay, Interac, MasterCard, Paysafecard, Wire...
Withdrawal Methods: Visa, Apple Pay, Interac, MasterCard, iDebit, Bank Transfer...
Sports Main: Horse Racing, Football, Basketball, Tennis, NFL, Golf...
Features: Livestreaming, Bet builder
888Sport is the very definition of a complete sports betting site. Starting with an inclusive selection of payment methods, continuing with exciting bonuses (free bets, bet builders or accas) and ending gloriously with a large selection of betting options, 888sport is exactly what you need if you don't feel like jumping through sites to find what you need.
Up to €50 in Bet CreditsBet Now
Owner: Hillside (Sports) ENC
Founded Year: 2001
Deposit Methods: Visa, MasterCard, Maestro, Skrill, Neteller, Paysafecard...
Withdrawal Methods: Visa, MasterCard, Maestro, Skrill, Neteller, ecoPayz...
Sports Main: Surf, Water Polo, Handball, Virtual Sports, Snooker, Ice hockey...
Features: Bet builder, Livestreaming
Bet365 pairs daily bet boosts with in-play betting + live streaming and it brings some nice football & tennis Acca bonuses to the table. Not only that, but you also feel super safe when you bet here. Now that's what we call a successful 360 with a twist. Give it a go!
Get a €/$10 Risk Free Bet when you play on the Correct ScoreBet Now
Founded Year: 1997
Deposit Methods: Community Payments, Dimoco, Cloudvault Deposits, Visa, MasterCard, Neteller...
Withdrawal Methods: Community Payments, Dimoco, Cloudvault Deposits, Visa, MasterCard, Neteller...
How Does Bank Transfer Work?
Bank transfers involve moving money directly from your bank account to your favourite online bookie. There are fees involved and also waiting times, which we’ll explore below. What’s more, different operators have different minimum and maximum deposit and cashout requirements.
Deposits & Withdrawals
When you’re using your bank account to transfer funds to and from online gambling sites, there’s no need to create any additional accounts. Just remember that not all countries allow for gambling bank transfers, so you’ll need to check with the legislation in your jurisdiction, as well as the laws around online sports betting in your country.
Take a look through our top list of the best bank transfer bookies and pick one. All the operators we recommend are secure and trusted, and offer a variety of promotions and plenty of ways to bet on your favourite sports. Once you’ve chosen a site, register an account and remember to verify it.
Simply choose the bank transfer option on the sportsbook’s cashier page and enter the required information, such as your name and account number. It’s the same when withdrawing your winnings. While deposits are usually instant or take an hour or so, you can wait up to 7 working days for withdrawals to be processed.
Bank Transfer Fees
Bank Transfer Fees You Need To Know About
Different banks have different fees. That’s why it’s a good idea to check with your bank before you transfer funds to and from online bookmakers. The good news, though, is that the sportsbooks themselves don’t usually charge additional fees for transactions.
One of the best things about sports betting bank transfer payment methods is how secure, easy and quick it is to set up an online bank account. Provided you already have an account with your local bank, all you need to do is head to the bank’s website and provide a few verification documents, such as:
You’ll also need one or two documents proving your address, like a rental contract, pension letter or utility bill. It’s good to have all these documents on hand as most sportsbooks will also require them for you to verify your account and cash out your winnings.
It takes around 7 to 10 days for your online bank account to be activated. Once that’s done, you can make sure that you have funds in your account to start playing at your favourite bank transfer bookies.
Is Bank Transfer Safe?
One of the number reason that the bank transfer payment method remains popular at betting sites is that it’s extremely secure. Banks are subject to strict regulations and laws. So, when you instruct your financial institution to send funds to an account, it’s highly unlikely that the funds will be intercepted by third parties.
Financial institutions implement their own security measures, as do bookmakers, ensuring your data and money are safe at all times. High rollers, especially, are drawn to the fact that large withdrawals are secure and possible, even if it does mean waiting a while for the funds to clear.
There are plenty of reasons as to why this payment method is a preferred option for many online punters. Bank transfers are accepted at most bookies and you don’t need to share any credit or debit card information. What’s more, you don’t have to use a PIN code or voucher, and you don’t need to make several transactions before freely using your account, as you would with PayPal, for instance.
But, unlike some online sportsbook payment methods, bank transfers aren’t always the fastest way to deposit and withdraw funds. Like other options, as you can see, this payment method has its pluses and minuses, but overall, it’s a highly secure way to pay and play online.
Pros & Cons
Top Bank Transfer Betting Sites
If you’ve made it this far down the page, you’re probably thinking that bank transfer betting sites are right for you. But how do you know which are the best bookies? That’s where we come in. We’ve put each site to the test and only if they tick all the below boxes do we add them to our top list.
|Rank||Casino||Bonus Amount||Go to the Casino|
Different methods do, of course, have different minimum deposit limits and processing times. Some may not be eligible for bonuses, and some may come with hefty transaction fees. Keep all of this in mind when choosing a sportsbook payment method. On the bright side, nearly all online payment methods boast instant deposit times.
Bank transfer sportsbook payments offer the distinct advantage of no additional transaction fees and instant deposit processing. What’s more, they give punters the chance to transact larger amounts.
On the downside, withdrawals can take as long as 7 to 10 working days to process, and you do need to hand over your personal and bank account details to your sportsbook of choice. However, bank transfer punters are usually eligible for free bets and other bookmaker bonuses, top-notch security measures and a super easy way to fund your sportsbook account.
Before you opt for this payment method, though, be sure to check out your country’s gambling legislation and make sure that you are indeed allowed to use bank transfers for gambling sites. If not, you’ll need to choose another sportsbook payment option for your online gambling fun.
Frequently Asked Questions About Bank Transfer Betting
Yes, but it depends on the bonus and the operator, along with the offer’s terms and conditions. Also, make sure that your country allows for bank transfers to and from gambling platforms.
It depends on your bank and the online bookmaker. Deposits tend to be instant or take a few hours at most, though, while withdrawals can take as long as 7 to 10 business days to process and reflect in your account.
Typically, you need verification information, such as a copy of your ID and proof of address, along with a local bank account. Nearly all bookmakers will ask you to verify your account before requesting your first withdrawal.
Yes. When you make bank transfer deposits, you’re dealing directly with your local bank, and chances are you trust them. Bank transfers have been around for a long time and are a tried and trusted way to move money to and from online sportsbooks, eliminating a middleman for a smooth and secure experience.
Yes, all the bank transfer sportsbooks we recommend accept a variety of payment options, such as debit and credit cards, e-wallets, instant transfers and even cryptocurrencies. Just remember that not all payment methods are available in all countries or eligible for all bonuses and promotions.
We’ve done it all for you. We’ve reviewed and ranked all the sportsbooks on this site to bring you the best of the best in terms of odds, markets, sports and payment methods, not to mention bonuses.
Things usually go smoothly with this type of payment method, but if you do run into any issues, you can contact your bank or the sportsbook’s customer support agents for assistance – there’s always someone on hand to help.
Most sites won’t charge you any transaction fees for deposits and withdrawals but check with your bank; they might charge fees for moving money to and from betting sites.