Online bank transfers were a revolutionary change in personal finance, as they provide us with a plethora of deposit methods that offer convenience, security, and speed. With bank transfer deposits you only need your account login and password. The process is the same as making a transfer from one personal bank account to another, or to instantly fund a stock brokerage account. For higher limit ACH transactions, you may need your bank account number, routing number, and driver’s license number.
Sports Betting Sites that accept Bank Transfers
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Table of Contents
- Sportsbooks that accept Bank Transfers
- Before you Deposit
- Payment Gateways
- How to Deposit
- Help with Bank Transfers
- Processing Fees
- Bank Transfer Deposit Alternatives
- How to Withdraw Money
- Bank Transfer Pros
- Bank Transfer Cons
- Which Banks Prohibit
- Bank Transfer Deposit FAQs
Bank Transfer Deposit Sportsbooks
BetRivers
Look no further than BetRivers when it comes to a trusted sports betting name. With a vast selection of bets and sports leagues from around the globe, novice and experienced bettors alike will not be disappointed.
Signing up is quick and easy, allowing players to get started in minutes. Live in-gaming betting gives you plenty to bet on even if your team has already won the game.
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BetRivers Bank Transfer Deposits
BetRivers bank transfer deposits are processed by the Trustly payment gateway. There are no fees and your deposit will be credited to your account within minutes. This is by far one of most convenient ways to fund your sports betting or online casino account. Setting up your bank account for betting deposits also makes it easy for BetRivers to process your payouts.
Alternative BetRivers deposit methods include credit cards like Visa, Mastercard, or Discover. You can also deposit with eChecks, PayPal, VanillaCash, and PayNearMe. Just make sure to check the fine print as there may be restrictions depending where you live.
What We Like About BetRivers
Reputation is key and BetRivers is among the most revered sportsbooks in the United States. Depositing and withdrawing money is simple and safe, there are a ton of sports betting options, a full-service casino, and one of the smoothest user interfaces in the industry.
With a ton of domestic and foreign sports leagues to choose from, finding a bet has never been simpler. There are also a ton of promotions and new player offers, especially before the start of major sports seasons.
Finally, look to BetRivers for the NBA, NHL, NFL, MLB, US collegiate sports, and European soccer seasons. This diamond in the rough offers competitive single-game and futures odds for most major sports.
BetRivers Deposit Help
BetRivers offers customer support through email, live chat, and a comprehensive help center with detailed FAQs.
BetMGM
Name recognition is important in the sports betting world and there is none bigger than BetMGM. BetMGM has been one of the most recognizable names in brick-and-mortar casinos. It comes as no surprise that they are also a major name in online sports betting.
BetMGM gives bettors the opportunity to wager on all of the best sports action in North America and Europe. Their industry-leading user interface offers customers a superior experience.
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BetMGM Bank Transfer Deposits
All BetMGM bank transfer deposits are free. Funds will be credit to your player account within minutes. This is true for players visiting both the sportsbook and online casino. BetMGM uses the PayWithMyBank payment gateway to process its bank transfer transactions.
There are many other ways to deposit money to your BetMGM account. Credit card deposits using MasterCard and Visa will credit almost instantly to your account. BetMGM also accepts Apple Pay, PayPal, Cash at Cage (where available), Bank Wires, and the Play+ card.
What We Like About BetMGM
BetMGM has become one of the top industry names for many reasons. Their site is easy to use and navigate, making it friendly for those who are less tech-savvy. BetMGM offers lines and odds for all major US and European sports. Best of all, you’ll quickly find that BetMGM’s selection of straight, futures, and exotic bets can’t be beat.
There is also the matter of their rewards program. Available both in-person and online, BetMGM’s program helps players make the most of their bets. They also have streaming for some games, allowing players to follow along with their wagers.
Review BetMGM’s odds for the NFL, NHL, NBA, MLB, racing, US and international soccer, collegiate basketball and football, and more.
BetMGM Deposit Help
BetMGM offers customer support through email, live chat, phone, and a comprehensive help center.
Before You Deposit With a Bank Transfer
Keep your online banking login and password handy, plus your cell phone to receive SMS login codes or your USB security key. These should be more than enough for most major US banks to transfer funds to your sportsbook account.
Smaller US Banks
Those with an account at a regional bank or credit union should lookup their account number and routing number. If the payment gateway doesn’t have the bank in its preset list, you can manually initiate a transaction using your account number and routing number. This doesn’t happen often. The vast majority of United States banks can be found on sports betting payment gateway applications.
Personal Information
Additionally, some sportsbooks may require you to complete KYC (“Know Your Customer”) documentation. You’ll need to provide personal details, address verification, and your social security number. These disclosures are requested only once in most cases. Best of all, you’ll get higher limits and faster withdrawals once the KYC paperwork is complete.
Bank Transfer Payment Gateways
Online sports betting sites process bank transfer deposits using a third-party payment gateway. Any personally identified information, including your bank tranfser login and password, will be encrypted to the highest industry standards. That means only you can select the deposit amount and approve the transfer.
The process is similar to setting up an electronic transfer between two personal accounts. First, select the name of your other bank. Next, supply the bank transfer login and password to verify ownership of the account. Finally, select the transfer amount and optional frequency. After that, you can easily transfer funds between accounts with a few quick screen taps.
Unlike VIP Preferred eCheck, you don’t need to provide the bank transfer gateway any personal information or account numbers. The payment gateway functions independently using your existing online banking credentials. Note that the sportsbook may ask for personal information once to comply with your state’s gaming laws.
The following are two popular bank transfer payment gateways.
PayWithMyBank
PayWithMyBank allows you to transfer money from your bank account to your sports betting account using your online banking login and password. Upon your approval, funds will be debited from your bank account and credited to your sportsbook account using the ACH banking system.
PayWithMyBank is a Trustly product. You can contact PayWithMyBank using their support email. Do not disclose any personal information in your request until an authorized agent replies.
Trustly
Trustly is a payment gateway that processes transactions from your bank account to a merchant using your online banking login and password. This popular payment gateway works with all major US banks and most regional banks and credit unions using the ACH system. It is widely used at various e-commerce, travel, financial, and online gambling websites.
Trustly offers email and phone support to consumers. Open a support ticket here or request a callback here. Trustly also has a helpful online knowledge base that answers most common questions.
How to Deposit By Bank Transfer
Time needed: 2 minutes
How to deposit to an online gambling site by bank transfer.
- Visit the sportsbook’s cashier, banking, or deposit page
After signup or login, use the sportsbook’s navigation menu to find its cashier, banking, or deposit page.
- Select Bank Transfer and deposit amount
Select Bank Transfer, then tap a deposit amount or enter your own.
- Choose your bank from the list
Select from a list of major US banks on the payment gateway’s list. If you can’t find your bank, enter your account and routing numbers to manually create a transfer. This may take an extra day or two.
- Enter your online banking login and password
The payment gateway requires your online banking login and password to process the transaction. Both will be encrypted to the highest industry standards, and neither will be saved by the gateway or sports betting site.
- Funds will be credited to your account within minutes
Allow 2-4 minutes for the funds to be credited to your player account. Your first deposit may take longer than subsequent deposits. Deposits from smaller banks may take up to 1-2 days.
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Help With Bank Transfer Betting Deposits
If you’re having trouble depositing by bank transfer, follow the steps below:
- Double check that you’re using the correct online banking login and password. Check your cell phone to see if you need to confirm the transaction using an SMS code. Alternatively, insert your USB banking key into your computer.
- Contact your online sportsbook or casino. Their customer service agents will be happy to help you make a deposit.
- Make sure you’ve enabled transfers between accounts at your bank. Some banks require you to manually enable these transactions first. Login to online banking and visit your account profile, then look for the security page. Enable ACH transactions if necessary.
- If you’re still having trouble, call your bank, start a chat session, or open an email support ticket.
- Contact the payment gateway directly by phone or email. In the vast majority of cases, this won’t be necessary. A payment gateway can neither access your bank account nor your sports betting account. They are merely a payment gateway.
Bank Transfer Processing Fees
There are no fees charged when depositing to an online sports betting site using a bank transfer. The same is true for credit and debit card deposits and ACH processors like VIP Preferred ACH or EZMoney.
Note also that your bank should not charge a fee to fund your sports betting account by bank transfer. These transactions are no different than online bill pay or funding a financial brokerage account with an instant transaction.
Bank Transfer Deposit Alternatives
There are three alternative ways to deposit. The first way is using an e-wallet such as Paypal, Skrill, PayNearMe, or ApplePay. The second way to deposit is with your Visa, MasterCard, or Discover credit or debit card.
Finally, you can deposit with a participating sportsbook’s Play+ Card. You can withdraw cash using your Play+ Card at ATMs that accept Discover.
How to Withdraw Money from a Sportsbook
The easiest and fastest way to withdraw money from a sportsbook is by withdrawing to your bank account. The most common withdrawal review period is 2 to 5 days. You can speed up this process by completing any Know Your Customer (“KYC”) forms requested by the sports betting site, or by verifying your withdrawal account using personal information.
Other fast withdrawal methods include Paypal, Skrill, and other e-wallets. Another way to withdraw is to get a check by mail. Your wait time will depend on how fast the sportsbook issues the check plus postal service delivery times.
Bank Transfer Deposit Pros
- Fast – Most bank transfer deposits will be available within minutes after authorization.
- No Fees – Neither the sportsbook nor your bank will charge fees.
- Safe – All transactions are encrypted. You decide how much to deposit.
- Multiple Sportsbooks – Multiple legal US sportsbooks offer bank transfer deposits
- Easy Withdrawals – Withdrawals to your bank account will be quick and hassle-free.
Bank Transfer Deposit Cons
- Limited Horse Betting Sites – Some horse betting sites do not accept bank transfer deposits.
- First Deposit Limits – Some sportsbooks will limit your first deposit to $1,000 or less.
- Risk Management – You will have to build a good relationship with your sportsbook before your deposit limits will be increased. Additional disclosures may be required.
- Delays – Transfers from some smaller banks or credit unions may be delayed 1-2 days. This commonly happens with the first deposit.
- Bank Not Eligible – Rarely, some banks will not process bank transfer deposits to online sportsbooks and casinos using a third-party payment gateway. Use your credit or debit card, VIP Preferred eCheck, or a bank wire instead.
Which Banks Prohibit Gambling Transactions?
Citing concerns about money laundering and fraud, some major US banks prohibit depositing money using their credit and debit cards. This policy will likely change as states continue to legalize online gambling and other banks begin processing transactions to online gambling sites.
If your bank declined a debit or credit card transaction, you should be able to deposit with by bank transfer, VIP Preferred ACH, or with a bank wire. In fact, the same banks that prohibit use of their debit and credit cards for online gambling will most likely allow ACH transfers via online banking.
Bank transfers using a payment gateway are considered lower risk because banks don’t have to worry about a lost or stolen credit or debit card. They can request that you confirm the transaction using an SMS text message code or using a USB security key.
Bank Transfer Deposit FAQs
Trustly was founded in Sweden in 2008 and has since grown to serve the global iGaming market. It is regulated in Europe by Swedish Financial Supervisory Authority and licensed or legally authorized to process payments in multiple states across the USA.
Gather your bank account login and password. Also keep your cell phone handy for any SMS messages to verify the transfer, or be sure to insert your USB security key into your computer.
First, be sure to complete any KYC (“Know Your Customer”) forms and return to customer service. Second, add your driver’s license and last four digits of your SSN to your account profile. Third, maintain a good reputation as a reliable depositor.
Most payment gateways can process transactions from US credit union accounts. You may have to spend an extra minute searching for your financial institution on the gateway menu. Keep your account number and routing number handy just in case.
Try using your Visa, MasterCard, or Discover debit or credit card. Next, try using an e-wallet like Paypal. Finally, try a bank wire from your online banking website. There’s no need to visit the bank in person to send a bank wire.
Betting Site Deposit Guides
- Visa Sports Betting Sites – Online sports betting and casino sites that accept Visa credit and debit card deposits.
- MasterCard Sports Betting Sites – See which sports betting and casino sites accept MasterCard credit and debit card deposits.
- Discover Sports Betting Sites – Discover is widely accepted at various sports betting and online casino sites.
- VIP Preferred eCheck Sports Betting Sites – Review a current list of betting sites accepting VIP Preferred ACH deposits.
- PlayPlus Card Sports Betting Sites – Easy to obtain and easy to use prepaid debit card for betting deposits and withdrawals.
- Bank Transfer Sports Betting Sites – Multiple leading betting sites accept deposits using their bank transfer payment gateway.
- PayPal Sports Betting Sites – Use a PayPal account to quickly and reliably fund your sports betting or casino player account.
- PayNearMe Sports Betting Sites – Get a PayCode and fund your gambling site player account with a quick trip to the store.
- EZMoney Horse Betting Sites – Use the EZMoney ACH processor to make a deposit using your bank account.
- Bank Wire Sports Betting Sites – Best for VIP customers seeking a discreet and high limit option for funding their player accounts.
- Sports Betting Sites – SportsBetting3.com offers the top sports betting sites for United States customers in jurisdictions where sports betting and online casino games are legal.