Wire Transfer Deposit Methods

Wire Transfer Deposit Methods

Wire Transfer Betting Sites

Wire transfer, or bank wires or bank drafts are some of the most long-standing payment options available to bettors, with one of the favored deposit methods being depositing via wire transfer betting sites. While the funds deposited won’t show instantly in the sportsbook account. It does offer several other great advantages.

The Longevity of the payment method in the industry makes wire transfers one of the most trusted and recognizable deposit methods around. Sports fans are able to fund their online accounts using their own personal bank account swiftly and without error.

Using wire transfers to fund your online account is so effective because it accesses money directly from your bank account, as opposed to having to go through a middleman like you would using a credit card. Depositing via wire transfer will save time and makes for a very convenient deposit method. If you’re looking to deposit via wire transfer, check our top-rated list of recommended sportsbooks to find out where to make your first deposit!

Sportsbooks Accepting Wire Transfers

Mybookie is one of the fastest-growing sportsbooks, boasting a great range of prop bets as well as covering all the mainstream sports betting markets. 

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  • BetDSI is ideal for those looking to start playing with online sportsbooks. They offer a great range of services and are already recognized as one of the top sportsbooks online. 

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  • BetNow is boasting a generous number of betting options, with their sportsbook, horse-racing platform, casino, live tables and much more.

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  • WagerWeb has a simple yet pleasing interface, which makes the whole betting experience much better. Not to mention the endless range of markets. 

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  • BetOnline is becoming one of the most established sportsbooks in the U.S. and offers wire transfers as one of its primary deposit methods. 

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  • 5Dimes also offer wire transfers and great rates on deposits. They boast excellent sportsbooks with great markets on major sports.

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  • Bovada offers a great range of betting odds for all major sports, entertainment and political events year after year. 

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  • Intertops is a trusted online sportsbook with years of experience in the industry, offering a great range of odds and excellent betting options. 

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  • Advantages of Wire Transfer Betting

    The advantages of wire transfer betting are fairly straightforward. Bank wires offer themselves as an excellent deposit method and also offer great rates on withdrawals. The diversity of the payment method means bettors don’t need to worry about two methods for making a deposit and collecting their payout. The rates on wire transfers are even better when compared to the fees and limits on withdrawals via other payment methods.

    Wire transfers have evolved alongside the online betting industry and now function alongside each other in perfect unity. Being able to access the funds of a customer directly and receive the money into the customers account in next to no time is really a great aspect of wire transfers. Sports fans are able to make wire transfers from a number of locations, as well as through their online bank account.

    Wire Transfer Welcome Bonus

    One of the most important things to consider when depositing money into any online sportsbooks account is to ensure you check what is on offered as a welcome bonus. Moreover, does this welcome bonus apply to the deposit method in question?

    Fortunately for wire transfer users, they’ll find that all sportsbooks offer wire transfers as a deposit method. The industry has relied on this method for a long time and we don’t imagine they’ll be rejecting wire transfer for years to come yet.

    As far as the exact amount offered by sportsbooks as a welcome bonus, it’s difficult to be exact. So it’s easier to generalize the figure, which can range anywhere from $5-$1000, depending on the amounts wired. The minimums required for deposits vary between $5-$25.

    Are there any fees when I deposit with Wire Transfer?

    Generally speaking, the costs for sending bank wires are relatively low. Though it must be said, that the costs for sending funds via bank wire will vary largely from provider to provider. Additionally, on the matter of fees, international transfers often carry a much larger fee than domestic transfers. The cost of these fees varies greatly, but generally speaking, it could be anywhere from $20-$100, also depending on the among deposited.

    Another point worth making here is the fact that normally bettors using wire transfers deposit much larger amounts than they could, or normally would using a credit card or other payment method. This reduces the impact of fees and encourages sportsbook providers to lower their rates on future transactions. Some sportsbooks don’t even have maximums for deposits, while others state a limit of $10,000, which is normally enough!

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