Bank Transfer Betting Sites – Online Sportsbooks That Accept Bank Transfer 2024
Online sportsbooks that accept bank transfers ranked and reviewed. Find the best bank transfer betting sites below.
| Best Betting Sites in The United States | Bonus Offers | Highlights | Rating | Secure Link | T&Cs |
|---|---|---|---|---|---|
Top Sportsbooks That Accept Bank Transfer Reviewed
- 1. BetMGM
- 2. DraftKings
- 3. Betway
- 4. Caesars Sportsbook
- 5. BetRivers
1. BetMGM
During our BetMGM sportsbook review, we found that they excel in bank transfer services with secure and quick processing. Withdrawals may take slightly longer than we wanted, but that is to be expected when transferring to your bank. Overall, BetMGM have an excellent sportsbook offering, with a great welcome offer, the best lines, and most sports and events catered for.
- Minimum Deposit: $10
- Deposit Time: 1-3 Days
- Withdrawal Time: 1-3 Days
- Fees: None
2. DraftKings
In our DraftKings sportsbook review, we found this site had deposit processes via bank transfer and the quickest withdrawal times. Maybe we got lucky, but we received our money in less than 24 hours. DraftKings also has a solid reputation as an online sportsbook, and you cannot complain with the quality of their offering.
- Minimum Deposit: $5
- Deposit Time: Instant
- Withdrawal Time: 23 hours
- Fees: None
3. Betway
We found during our Betway sportsbook review that depositing and withdrawing with bank transfer is simple and straightforward. The only drawback with Betway is that they operate in a limited number of states, so if you may not be able to use them depending on your location.
- Minimum Deposit: $10
- Deposit Time: Instant
- Withdrawal Time: 1 Day
- Fees: None
4. Caesars Sportsbook
Our Caesars sportsbook review found they offered reliable service, though be aware that withdrawals can take a bit longer than some of the others on the list. Their minimum deposit was also a bit higher. Even so, they have a good welcome offer and their sportsbook is one of the best.
- Minimum Deposit: $20
- Deposit Time: Instant
- Withdrawal Time: 1-5 Days
- Fees: None
5. BetRivers
During our BetRivers sportsbook review, we did not encounter any problems. Deposits are instant, while withdrawals may take a few days. Overall, they are a decent option, their welcome offer is not the best, but their wagering options and general sportsbook make up for it.
- Minimum Deposit: $10
- Deposit Time: Instant
- Withdrawal Time: 3-5 Days
- Fees: None
| Fees and Processing Times at Bank Transfer Sportsbooks | ||||
|---|---|---|---|---|
| Sportsbook | Bank Transfer | Processing Time | Limits Min/Max | Fees |
| BetMGM | 1-3 Days | $10 – $50,000 | ||
| 1-3 Days | None | |||
| DraftKings | Instant | $5 – $n/a | ||
| 23 hours | None | |||
| Betway | Instant | $10 – n/a | ||
| 1 Day | None | |||
| Caesars Sportsbook | Instant | $20 – n/a | ||
| 1-5 Days | None | |||
| BetRivers | Instant | $10 – n/a | ||
| 3-5 Days | None | |||
*Limits may apply from the payment processor themselves.
How We Rate Bank Transfer Betting Sites
These are the points we consider when evaluating the best bank transfer betting sites.
- Deposit and Withdrawal Times: Looking for efficient processing times on both deposits and withdrawals.
- Deposit Limits: Flexible limits to accommodate all types of players.
- Fees: No fees for transactions ensure a better experience.
- Security: Strong emphasis on transaction security and data protection.
- General Sportsbook Quality: Includes market variety, competitive odds, and user interface.
- Welcome Offers: Attractive and accessible bonuses for new users.
The Pros and Cons of Using Betting Sites that Accept Bank Transfer
The pros and cons of using bank transfer betting sites are outlined below.
Pros
- High security for transactions
- Direct connection with your bank
- No transaction limits at some sites
Cons
- Generally slower processing times
- Possible bank-imposed fees
Depositing Funds at a Bank Transfer Sports Betting Site
Funding your online betting account using a bank transfer is a straightforward. Follow these steps and you’ll be on your way in minutes.
Step One: Log in to Your Sportsbook Account
Log in and access the ‘My Account’ section, which might be named differently by various companies. Go to the deposit section which should be clearly displayed.
Step Two: Select Bank Transfer
Access the sportsbook’s banking options. From the drop-down section, you will see a list of payment options. Select Bank Transfer.
Step Three: Enter Your Banking Details
All that is required is to complete the fields with your banking information and authorize the payment.
Is it Possible to Withdraw From a Sportsbook Using Bank Transfer?
Yes, most online sportsbooks that accept bank transfer as a deposit will also allow you to withdraw via this method. It could take between 1-5 days. However, with the rise of instant transfer, this could soon change.
Alternatives
While bank transfer betting is popular, other methods can be quicker and easier. A notable alternative is PayPal betting sites.
Conclusion
Bank transfer, while traditional, remains a secure and trusted method for the best online sportsbooks. Though older in style compared to modern eWallets like PayPal, its high security and direct bank access appeal to many. Bank transfer betting might suit those looking for higher limits and don’t mind the slower processing times.
FAQ
Which are the best bank transfer betting sites?
We rank #1 as BetMGM, #2 DraftKings, and #3 Betway. This is subject to change.
Are there fees when I use betting sites that accept bank transfers?
We found that online sportsbooks do not generally charge any bank transfer fees. However, there may be exceptions, or your bank itself may have associated transaction fees.
How can I withdraw my funds at bank transfer betting sites?
Similar to deposits, all you need to do is request a withdrawal via your sportsbook account. The bank transfer cash out procedure is easy to follow. Bear in mind that it will take some time for your money to apear in your bank account.
How come the deposit I made by bank transfer is not showing in my sportsbook account?
This is the most common question we get asked regarding bank transfer gambling sites and is usually due to the customer missing their account number on the withdrawal form. Make sure you follow the needed teps for bank transfer deposits or double-check with the bank's customer service team.