Bank Transfer Betting Sites
Although the advances in online betting often see bettors pushed towards more “modern” banking methods like crypto or cards, many players still prefer to use bank transfer as their preferred payment method on betting sites.
Ultimately, it’s a slower payment method that involves some manual work, but betting sites generally allow deposits and withdrawals via bank transfer, allowing players to keep tighter control of their finances. Choosing between bank transfer sportsbooks and quicker options like card or e-wallet ultimately comes down to how much control a player wants over the pace of their transactions.
We’ve trawled through multiple online betting sites to find out who accepts bank transfers, before testing and verifying the deposit and payout methods.
Betting Sites That Accept Bank Transfer
This list of the best bank transfer betting sites is based on our experience depositing and withdrawing with the betting sites, alongside their timescales, fees, and overall limits.
Bovada
As one of the long-standing brands that’s still widely respected in the industry, it’s fitting that Bovada ranked at the top of our list for one of the more traditional payment methods.
Deposits
| Min Deposit | Max Deposit | Fees | Limits |
|---|---|---|---|
| $50 | $800 | Variable | 2 per 7-Day Week |
During our testing of a Bovada wire transfer deposit, we were required to re-confirm our address and details, as the details on the bank account must match those on the Bovada betting account.
A key focus of our Bovada wire transfer review was their claim that “a few cents are charged to your bank account with each transaction.” Despite this claim, we only faced fees from the sender bank, rather than from Bovada directly.
Although we couldn’t find any stated Bovada wire transfer time information, anecdotal feedback from real players suggests it can take 7-10 days for the process to be completed. During our testing, after sending the funds via bank transfer, we found the funds were deposited into our betting account after 8 days.
Withdrawals
| Min Withdrawal | Max Withdrawal | Timescales | Fees |
|---|---|---|---|
| $1,500 | $9,500 | 10-15 Days | Free |
During our test payout, we requested a withdrawal within Bovada’s $1,500 to $9,500 range and found the process ran close to the upper end of their stated timescale, with funds clearing in our account after 13 days. No fees were deducted from the payout itself, in line with Bovada’s advertised free withdrawals, though as with the deposit test, it’s worth checking with your own bank in case any charges apply on their end.
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New Player Bonus
75% up to $750
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MyBookie
Another name with a historical reputation in the industry is MyBookie, which consistently stands out as an option for a wide variety of payment methods.
When it comes to bank transfers, however, they only offer payout options.
Payouts
Our test withdrawal and overall review of the MyBookie wire transfer information showed they may be the most transparent in terms of information.
| Min Withdrawal | Max Withdrawal | Timescales | Fees |
|---|---|---|---|
| $100 | $5,000 | 7-9 Business Days | $35-$50 |
The fee depends on the value of the payout. Anything between $100 and $500 is charged at a flat rate of $35, while $500-$5,000 carries a flat rate charge of $50.
All bank wire payouts are subject to a 2-day internal review period, during which it’s likely that KYC information will be requested if the process hasn’t already been completed.
Once approved, the payment is expected to take between 5 and 7 business days, with our payout landing in the account on the 7th business day.
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New Player Bonus
100% up to $1,000
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BetOnline
As a general rule for online betting sites, BetOnline offers everything, but there are some restrictions when it comes to bank transfers.
Deposits
During our testing, we found that bank or wire transfer isn’t a deposit option on BetOnline. To move money from a checking account into a betting account, players can use a debit card or third-party options like person-to-person or money orders.
Payouts
Anyone looking to use bank transfer as their preferred payment method will be pleased to note that BetOnline does offer payouts via wire transfer, with the following guidelines:
| Min Withdrawal | Max Withdrawal | Timescales | Fees |
|---|---|---|---|
| $2,500 | $25,000 | 10-15 Days | $45 or 3% |
In line with BetOnline’s official guidance, our test withdrawal was completed faster than advertised, with the funds clearing in our account in less than 4 business days.
The site claims that most payouts are completed in under a week, though it also depends on the receiving bank.
In terms of the fees, our test withdrawal of $5,000 was fee-free and didn’t require any KYC documentation, though this does vary depending on the account.
Feedback from real players shows some ID and verification checks will be needed prior to a first payout, and the overall fees are linked to account activity, with newer accounts or those with only sporadic wagers more likely to face charges.
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New Player Bonus
50% up to $250
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BetWhale
We widely praised BetWhale as the best option when using debit and credit cards, as they also allowed payouts. When it comes to their bank wire options, however, they only offer withdrawals.
Payouts
Although the overall limits are lower than the competition, BetWhale has a no-fees policy on all of its payouts, and the processing times are faster than most rival sites too.
| Min Withdrawal | Max Withdrawal | Timescales | Fees |
|---|---|---|---|
| $150 | $2,500 | 3-5 Business Days | N/A |
During our testing on a new BetWhale account, we were required to complete some KYC checks to confirm that our information matched the details on the recipient bank.
Thankfully, it took less than four hours for our documentation to be approved, and the payment was completed and cleared in our account in 3 business days.
BetWhale is transparent about its KYC policies and requirements, which makes the process simple. Larger wins will need to be paid out over multiple transactions, though, so it’s worth checking if a bank applies any fees before submitting the payout request.
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New Player Bonus
200% up to $6000
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Everygame
Although Everygame rarely stood out in our testing over multiple payment methods, it’s a strong option for players who want to complete payouts with a bank wire transfer.
| Min Withdrawal | Max Withdrawal | Timescales | Fees |
|---|---|---|---|
| $150 | $2,500 | 1-10 Business Days | $50 |
Another site that is transparent with its payout timescales and fees, Everygame does require additional information before any bank wire transfer can be completed.
This includes information about the bank and account, routing numbers, and countries involved, and took less than three minutes to fill out during our testing.
Although it’s advertised that payouts can be completed in one day, the small print suggests the payout isn’t processed until 48 hours have passed. This was reflected in our tests, where it took four business days for the payout to be completed.
It’s also stated that payouts are only completed between Monday and Friday, meaning any payouts requested over the weekend will take longer to process.
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New Player Bonus
100% up to $500
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FAQs
Bovada, MyBookie, BetOnline, BetWhale, and Everygame all support bank transfer, though each brand differs on whether it’s offered for deposits, payouts, or both.
Timescales vary by sportsbook, ranging from as little as 3 business days at BetWhale to as long as 15 business days at Bovada or BetOnline.
Fees depend on the sportsbook and, in some cases, the sender’s bank, with BetWhale offering fee-free payouts while others charge a flat rate or percentage.