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Best Bank Transfer eSports Bookmakers UK 2024

  • Author: Emily Campbell
  • Written: 12.07.2023
  • Affiliate disclosure
    Affiliate disclosure

    Citeulike is a self-governing website that offers comparisons of various online casinos. It includes affiliate links, which could result in us receiving a commission if you decide to accept any of the offers we list. Our expert team focuses on identifying top-notch bonuses and safe casino options for your gaming experience. We meticulously evaluate each bonus prior to incorporating it into our site.

As we all know, bank transfer esports bookmakers are quite far ahead of their time in today’s world. Namely, betting on esports with bank transfer is a thing that most enjoy doing for so many reasons. And today, we’ll going to go through everything you need to know aboutthis payment method and how to use it. Also, let’s take a closer look at the benefits and legal aspects of bank transfer payment method option on betting sites.

Top Online Sports Betting Sites 2024 UK

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    Bank Transfer eSports Bookmakers – What you Need to Know

    Bank transfers are a safe and secure way to deposit money into your account. Most online bookmakers are regulated by the UK Gambling Commission which further implies the security is high. They are also one of the most convenient methods available. All you need is a bank account and you can make a transfer. However, you need to know that bank transfers can take a few days to process, depending on the betting sites. So, if you are looking to place a bet on an upcoming match, you will need to make sure that the funds are in your account well in advance.

    Another thing to keep in mind is that bank transfer will usually charge a small fee for this service. This is typically around 1-2%, and it’s applicable on online betting accounts. So, if you are looking to deposit a large amount of money, you will need to factor this into your budget. On top of that, you will also need to make sure that you have the correct information when making a bank transfer. This includes the bookmaker’s name, address, and account number. If you do not have this information, your bank transfer betting sites will reject your tranfser.

    Advantages and Disadvantages of Bank Transfer Payments

    There are a few advantages and disadvantages of using online bank transfers. Let’s take a look at some of the most important ones for betting sites:

    Advantages:
    • Safe and secure way to deposit money.
    • Can be done from anywhere in the world.
    • Very convenient for all types of players.
    • Ensures easy withdrawal.
    • Available in almost every online casino and bookmakers site.
    Disadvantages:
    • Can take a few days to process.
    • Usually charges a small fee.

    Bank Transfer for Traditional Sports Betting

    Bank transfer is also a popular method for traditional sports betting. This is because it is very safe and secure and requires little to none bank details. You can also use this method to withdraw your winnings from your betting account on betting sites.

    We all know that sports betting is vastly popular all across the world, so it’s only normal for people to use bank transfers as their preferred method of payment. Also, there are some benefits that comes along with this method, such as free bet stakes, and all sorts of casino bonus promotions. To top it all off, one of the best online casinos that offer competitive odds are using this kind of method. This is especially true when users don’t want to use credit card option.

    How to use Bank Transfer eSports Bookmakers

    If you are looking to use bank transfer bookmakers, there are a few things that you need to do. First, you will need to find a bookmaker that accepts this payment method. Second, you will need to create a betting account on the esports betting site. After doing that, it’s only left to deposit funds from your account. You can also withdraw funds from your esports betting account if needed. So, in order to do that, take a look at the guide below.

    Bank Transfer Depositing

    In order to use bank trafser to deposit funds in online casinos, you should:

    1. Go to the cashier page on your esports betting section.
    2. Choose bank transfer as your deposit methods option.
    3. Type in the amount you want to deposit.
    4. Enter your bank account information.
    5. Accept bank transfer and click submit.
    6. Claim casino bonus if possible.

    Bank Transfer Withdrawal

    Withdrawing with a bank transfer is a bit different than depositing. In order to do that, you should:

    1. Visit the cashier page of your chosen casino.
    2. Select bank transfer as your preferred payment method.
    3. Type in the amount you want to withdraw.
    4. Enter your information below to connect your bank account.
    5. Confim details and click on submit.

    Legality and Safety of Bank Transfer for Betting

    Bank transfer payments are a good way to move money around. It’s one of the safest payment methods available and it’s very convenient, especially on esports markets. You can do it from anywhere in the world.

    Furthermore, even the first online casino to open had a wire transfer listed as their payment option. On top of that, there are lots of security technologies involved to protect your money and initial deposit. So, a bank transfer is a good option for both traditional sports betting and esports. You can also use it to withdraw your winnings from your accountwithout any problems. Most casinos will accept bank transfers within minutes and allow you to withdraw money easily.

    Comparison of Bank Transfer with Other Betting Payment Methods

    There are many different payment methods available for online gambling. So, how does bank transfer compare to the others? Let’s take a look: 

    Payment Method Depositing Withdrawal Key advantage Key Disadvantage
    Credit Card Yes Yes Credit Card is easier to authorize Transaction fees
    e-Wallets Yes Depending on the online betting site Transfer money is faster Not convenient for live betting
    Cryptocurrency Yes Depending on the online betting site Fast and convenient transactions Not acceptable in all esports betting sites

    Further Reading 

    In case you want to learn more about bank transfers and other methods of payment, we suggest that you take a look at the following links:

    • Investopedia – Online bank account payment methods explained.
    • Wiki – In-general info on esports betting sites and betting platforms.
    • Particular Business Skills – Payment options for bank accounts on esports betting sites.
    • Go Cordless – Everything on bank transfer and other payment methods.

    Conclusion

    In light of everything we said above, it’s logical to conclude that bank transfer is a good payment method for esports bookmaker. It’s safe, it’s secure, and it’s very convenient way of depositing in betting industry. You can use it to deposit or withdraw funds from your betting account without any problems. We suggest that you try it out and see for yourself how good it is. After all, a lot of bank transfer esports bookmakers are offering safe and secure money transactions via this method.

    FAQs

    Yes, it is safe to use bank transfer for eSports betting. This is because it is a very safe and secure way to move money from one bank account to your casino account. Your money is always safe with because of the latest and most advanced security technologies.

    The time it takes to receive payments through bank transfer varies depending on the bookmaker. However, most of them offer fast and efficient money transfers.

    Most of the time, there are no charges for using bank transfer esports bookmakers to deposit or withdraw funds from your account. However, we suggest that you check with your bookmaker first to be sure.

    About the author

    Chief Editor Emily Campbell

    Emily Campbell (professional name) is our go-to person, and she has served as our Chief Editor since 2018. Educated at Newcastle University, Emily has worked in the marketing industry across the UK, helping various companies to gain traction and to build up quality, value-driven information aimed at readers.

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