Bank Gambling Sites

While it’s one of the lesser utilized deposit methods in online sports betting, bank wires are a great option if you’re looking for the ultimate in reliability, no middleman, and the ability to move large sums of money. Below, you’ll find a list of the top-ranked bank wire betting sites available to you in your area. These are the crème de la crème of online sportsbooks that also allow you to utilize bank wires for deposits and withdrawals.

If you’re ready to get started betting today and you want to use a bank wire to fund your account, check out one of the sites listed below and you’ll be betting in no time.

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Best Bank Wire Betting Sites

If you look around the online sportsbook industry, there are a lot of sites that offer some form of bank wire to deposit or withdraw your money from their site. But, all of these sites are not quality sportsbooks that have your interests at the foreground of their plans. In fact, some of these sites are so concerned with their profits that they would gladly steal from you if they could get away with it.

For that reason and more, we will not recommend an online sportsbook or gambling site on this site without first vetting them for quality, trustworthiness, and their ability to provide a reliable product to their customers. Only once we’ve verified all of this will we begin considering adding them to our recommended top-ranked bank wire betting sites list.

Additionally, no betting site’s spot is secure on this list. If they suddenly drop the bank wire option, suffer a drop in quality, or give us a reason not to trust them completely, they will instantly be removed from the list. We also do add new sites to the list from time to time if something of better quality enters the market or adds bank wire as a payment option.

Ultimately, we work hard to give you the most honest and accurate information on the best betting sites for you to use. We want you to have the most complete information possible so you can make the most informed decision about where you want to place your bets.

Pros and Cons of Betting with Bank Wire

On the fence about using a bank wire betting site and depositing through a bank wire? We totally get that. It doesn’t matter to us what sites you use or what options you choose to deposit with as long as you use the site and deposit option that is best suited for you and your unique needs. To help you with your decision, we’ve listed and explored some of the pros and cons of betting with bank wire betting sites.

Pros

If you’re a small fry in a big fryer, this really isn’t going to apply to you unless you do win big which would be an awesome “problem” to have. Bank wires allow you to move very large sums of money on and off of betting sites. If you’re a big-time sports bettor who is moving their action online, this is extremely important unless you want to be making hundreds of microtransactions to get your money on and off the betting site.

Limits will vary and are usually only capped by what the betting site is comfortable moving. In fact, you can usually contact a betting site and get them to raise limits for you if you chat with them and let them know your situation. Even without doing that, though, maximum limits are usually $10,000-$20,000 and sometimes higher.

Again, this might not be an issue for some of you, but if you’re a big player or you plan to win big, you are going to want to be able to move your money around accordingly.

For some people, they like to deal directly with the sportsbook and not involve an added step or a middleman like an e-wallet. When you use a bank wire betting site, you’re cutting the middleman out of the equation. You will have to provide your banking details directly to the site and most likely some additional forms of verification (for your safety), but your deposits will go straight from your bank account into your sports betting account. Your withdrawals will also go straight from the sportsbook into your bank account without having to go through a middleman e-wallet.

One of the things that can cause delays in withdrawals (sometimes deposits but rarely) is issues with third-party processors. When you have to go through that middleman company to get your money off the site, you not only have to have the sportsbook do their job and move the money quickly, but you also need the third-party processor to do the same. At times, these processors get backed up which means that your money is going to get backed up.

When you withdraw via bank wire, this doesn’t happen. If there is a delay, it’s going to be with the sportsbook which gives you a lot more leverage because you know exactly who to complain to in order to get things moving. But, the speed and reliability of bank wire betting sites are usually quite high if you’re using a reputable online sportsbook.

Cons

The one big drawback to using bank wires for your online sports betting banking needs is that there are usually fees involved on the back end. The good news is that any fees you incur on the front end (depositing) are either paid up front by the sportsbook or are quickly reimbursed by the site. They want you to be able to get your money online without having to pay anything extra. The fees don’t go away, but you almost always don’t have to pay them with a quality site.

When you’re withdrawing, fees can be all over the place. With a lot of online sportsbooks, you’ll get one free bank wire withdrawal a month where you have no fees. For a lot of people, this is plenty, and they never pay a single extra dollar to get their money offline. But, if you do need to make multiple withdrawals via bank wire in a month or the site does not offer the first one for free, then you will be paying a fee.

How much? Well, it’s going to vary pretty greatly. We’ve seen as low as just a couple of dollars to as high as 10% or in the $50 range. Again, it all depends on how the site has things set up and how much you are looking to withdraw. For the most part, though, you should be able to get a site that offers at a minimum one free bank wire withdrawal a month which should be plenty for most people.

Why Use Bank Wire Betting Sites?

If you’ve got a bank account and you don’t want to deal with a middleman for your deposits and withdrawals, a bank wire is going to be the way to go. You will need to provide some additional information, but the reliability and security of the transaction are higher because of this. Remember, all of the identification and checks and balances are to protect you and ensure that your winnings are sent to the right account.

Also, if you’re someone who bets larger amounts or plans to win big, you’re going to want access to a deposit and withdrawal option that can accommodate like a bank wire can. The best part about bank wire betting sites is that if you have a bank account, you can almost guarantee that the deposits and withdrawals will work for you without issues.

There are two things you need to do in order to gamble online
for real money.

1. Open an account with a gambling site.
2. Add funds to your online gambling account.

The first step is an easy one, although we should remind you
how important it is to choose the right site. The second step is
easy too, but it’s one that players often ask us for advice on.
That’s why we’ve put this article together. It covers everything
players could possibly want to know about depositing at online
gambling sites.

We start the article by looking at the various methods you
can use to deposit, and go on to explain the process for making
a deposit. We then provide some information on withdrawing too.
We finish by answering a number of frequently asked questions
about making gambling deposits.

Deposit Options at Gambling Sites

Most gambling sites give you several different options for
depositing funds. The exact options available will vary from
site to site, and some options may not be available depending on
where you live. For example, PayPal isn’t an option for anyone
living in the United States and Canada.

We’ve written another article where we list all the options
that can be used for online gambling deposits and explain more
about each one. For the purposes of this article, here’s a short
list of the most popular and widely available options.

• Credit Card
• Debit Card
• E-wallet
• Money Transfer
• Prepaid Cards
• Bank Wire/Transfer

Credit & Debit Cards

Credit cards and debit cards are probably the easiest options
to use. Visa and MasterCard are accepted at the vast majority of
sites, and American Express and Diner’s Club are sometimes
available as well. It’s worth noting that some credit card
companies won’t allow you to use your card for online gambling
transactions. This is more of an issue for Americans than anyone
else, but even for them it’s not a particularly common problem.

E-Wallets

For those unfamiliar with the term E-wallets, they are
basically prepaid online accounts. You can fund them using
various methods, and then easily send those funds to other
individuals or companies. PayPal is the biggest and best known
e-wallet; Neteller and Skrill are very popular too.

Using e-wallets is a great way to deposit at gambling sites.
It’s very simple and it’s also one of the quickest ways to
receive funds when cashing out any winnings. Unfortunately for
Americans (again!), many e-wallets do not allow US residents to
use them for gambling transactions.

Money Transfer

Money transfer services, also known as cash transfer services
or money orders, are a popular way to deposit among gamblers
from the United States. MoneyGram and Western Union are the two
most widely used services. This is a slightly more complicated
way to deposit, as it involves more steps than most other
methods, but it’s reliable and it’s often the best option for
Americans.

Prepaid Cards

Using prepaid cards is essentially the same process as using
a credit card or debit card, and it’s an option available at
most gambling sites. They are popular primarily because they
allow gamblers to fund their online accounts without their banks
or credit card companies knowing what they’re doing. This is
relevant because gambling transactions can affect credit
ratings.

Bank Wire/Transfer

A bank wire, or bank transfer, is another relatively simple
option. The problem with this method, however, is that players
won’t usually be able to gamble with the funds instantly. It can
be as many as three or four days for the funds to be available
in fact, depending on how long the transfer itself takes and how
long the site takes to process the transaction.

Bank Gambling Sites Online

How to Deposit at Gambling Sites

As we’ve already mentioned, depositing funds at an online
gambling site is not a particularly difficult or complicated
process. If we were to be cynical about it, we could point out
that it is actually in the best interests of a site to make it
as easy as possible for players to send them their money…

Regardless, it’s entirely your decision as to whether you
want to deposit or not. If you do, and you’re new to gambling
online, then you might find the following step by step guide
useful. Please bear in mind that the process isn’t exactly the
same at every site, but it’s usually very similar at most
places.

Step 1 – Visit the Cashier

When you’re logged in at a gambling site, there will usually
be an option to visit the cashier. This is sometimes a simple
text link, as shown in the example below, or it’s sometimes a
more prominent button. Alternatively, there may be a link or
button that says “deposit now” or “my account.” Whichever option
is available, you’ll need to click it in order to proceed to the
next step.

Step 2 – Choose Deposit Option

Once you reach the cashier area of the site, you’ll typically
be presented with a list of available options. In the following
screenshot, we have provided an example of this. Let’s assume
you want to use your credit card. In order to proceed to the
next step, you’ll need to click on that option.

Step 3 – Enter Payment Information

You’ll now be taken to a screen where you can enter the
relevant payment information for your chosen option. When using
a credit card, for example, you’ll need to provide the card
number, the expiration date, and the security code. You’ll also
have to enter the amount you wish to deposit. Please note that
at many sites, there will be an option to enter a bonus code or
promotional code at this point. If you are eligible for a bonus
or special offer, you must remember to enter the necessary code.

Withdrawing From Gambling Sites

You can see from the above step by step guide just how easy
it is to deposit at online gambling sites. It’s just as easy to
withdraw too, and the process is very similar. Again you have to
visit the cashier, but this time you need to select “Withdraw”
or “Cash Out.” Then choose your preferred method of withdrawal,
and the amount you want to withdraw. Assuming you have the
requested amount in your account, your withdrawal will be sent
for processing.

Please be aware that, unlike the majority of deposits,
withdrawals aren’t typically processed instantly. Most sites,
and certainly the reputable ones, will usually process them
within 24 hours, but it can take longer. Depending on the
withdrawal method chosen, it can then take a few more days
before the funds actually reach you. E-wallet withdrawals tend
to be the quickest, followed by withdrawals by debit or credit
card.

Check withdrawals generally take the longest, and
unfortunately that’s often the only option for US gamblers. The
top US facing sites will send checks out to you as fast as they
can though.

It’s important to note that many sites have withdrawal limits
in place. If you win big, you may have to spread those winnings
over several withdrawals and over a few weeks.

Frequently Asked Questions

To conclude this article, we have answered some of the most
frequently asked questions relating to depositing funds at
online gambling sites.

Is it safe to deposit money online?

Yes, providing you only use reputable and trustworthy
gambling sites. Most sites can be trusted, thankfully, but there
are some that you’re better off avoiding. You should check out
our rankings of recommended gambling sites if you’re unsure
about where the best places are for betting and gaming.

What’s the minimum I can deposit?

This will depend on the site you’re using, and the deposit
option, but the minimum amount is usually quite small: $10, or
currency equivalent, is typical.

What’s the maximum I can deposit?

This will again vary at different sites, and there will often
be different maximums for the different deposit options too. The
maximum amount is typically high enough for most gamblers, and
those that want to deposit more can always contact customer
support and ask for a limit increase. Most sites will agree to
such a request.

Can I set my own limits?

Yes, at most sites there’s an option to limit the amount you
can deposit by day, week, or month. This is something you should
definitely do if you’re not very good at sticking to a budget.
It can help prevent you from gambling more money than you can
afford.

Bank Gambling Sites No Deposit

What currency can I deposit in?

Once again, this will depend on the site and the deposit
option being used. A lot of sites accept deposits in a wide
range of different currencies, while others will only accept
deposits in a single specified currency. Most gambling sites
publish this information somewhere in their terms and
conditions, but it’s always an option to contact their customer
support and ask.

Are there any fees for depositing?

Fees for depositing are rare, but a few sites charge them.
Credit card companies will often treat an online gambling
transaction the same as withdrawing cash from an ATM though, so
you may get charged a couple of percent by them. Some e-wallets
also charge fees for transactions.

Bank Gambling Sites Near Me

It’s also worth noting that a lot of sites do charge for
withdrawals, particularly sites that accept US customers. This
is the sort of information that we cover in our gambling site
reviews.