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Wire transfer sportsbook transactions might sound like a thing of the past, but they’re still a very common method for depositing and withdrawing at sports betting sites today. If you’re dubious, I can assure you that wire transfers aren’t outdated.
Keep reading if you want to know how you can deposit and withdraw money at sports betting sites and apps using wire transfers. I’ll give you a rundown of the best sites that accept them and fill you in on all the important details so you know exactly what to expect, including transaction times and limits.
When you’re trying to figure out which wire transfer betting site is right for you, it’s easy to get lost in all the options out there. Not every site is going to suit your needs, so it’s important to know what you’re getting into before you make a move and then regret everything. To help you out, I’ve put together a comparison of some of the top sportsbooks that support wire transfers that I frequent most often.
Betting Site | Min Deposit | Withdrawal Times | Fees | Welcome Bonus |
---|---|---|---|---|
BetMGM | $10 | 3-5 days | Varies | Claim up to $1,500 Risk-Free Bet |
Caesars | $20 | 2-5 days | Varies | 100% match up to $1,000 |
BetRivers | $10 | Up to 72 hours | Varies | Get $500 Second Chance Bet |
Bet365 | $10 | 1-5 days | Varies | Bet $5, Get $150 |
DraftKings | $5 | Up to 5 days | Varies | 20% up to $1,000 |
FanDuel | $10 | 1-3 days | Varies | Bet $5, Get $150 |
Borgata | $10 | 3-5 days | Varies | 100% up to $1,000 |
To break it down even further, I’ll give you some insight into why some of these sites are my favorites:
BetMGM is definitely one of the heavyweights when it comes to wire transfer sports betting sites. You see the name everywhere and it’s hugely popular among bettors, and for good reason. They’ve got a welcome bonus that can give you up to $1,500 in risk-free bets – basically you get up to that amount of money if your first bet doesn’t win. So, I’d say it’s pretty hard to pass up.
With regards to banking, what I like most about BetMGM is that they make wire transfers straightforward. The process is clear, and if you run into any issues, their support team is there to guide you through it. They make it so it’s just like making a withdrawal to your PayPal account, so you don’t have to worry about things getting too convoluted.
Caesars needs no introduction, but I’ll give it one anyways. This iconic casino brand has one of the best online sportsbooks out there, with some impressive bonuses – starting with a 100% match bonus up to $1,000. It’s not a risk-free bet like most other sites offer, but I like it because it feels more flexible.
They also make it easy to move money via wire transfer sportsbooks withdrawals. The process is smooth; it’s all very user-friendly, even if you’re new to wire transfers.
BetRivers might not have the same brand power as some of the other wire transfer betting sites, but they’re really trying to stand out in the crowd with their $500 second chance bet offer. The brand has a great-looking app and I really appreciate how well their live streaming and live betting platforms work.
I like that they handle wire transfers efficiently, and I’ve experienced fast withdrawal times with them. So, if speed is the most important factor, BetRivers is a solid pick.
Bet365 is one of my top picks because it actually gives you a choice of bonus offers. You can choose either a first bet ‘safety net’ (which is basically a risk-free bet) up to $1,000 or a match bonus which gives you $150 if you bet $5. Both are great, and it’s really up to how you prefer to play which one you choose. The site has flexible deposit options, and you can even deposit up to $38,000 – which is great for you high rollers out there.
When it comes to withdrawals with a wire transfer, this sportsbook aims to get things done quickly. Like at BetRivers, you can see your money in your account within hours.
DraftKings actually has my favorite welcome bonus that I’ve found in all of the wire transfer betting site research I’ve conducted – you bet $5 and get $150. There’s no waiting involved; that $150 is just right there, right away. So, you get off to a really good start when you join DraftKings. As well as having a great app, plenty of markets and impressive live streaming, it has some of the best ongoing bonus offers including frequent Odds Boosts.
Making a deposit with a wire transfer might seem a bit old-school, but it’s still actually one of the most reliable ways to fund your account. I’ve done it from time to time, if I’m waiting for a bank card to be replaced or I’m locked out of my PayPal account, and this is all you need to do:
Cashing out is the best part, and it’s super easy to do when online betting with wire transfer technology. It just takes a little bit longer than it does with other withdrawal methods.
This is not such a fun topic — fees. No one likes them, but they’re part of the deal when you make a wire transfer on sportsbook sites.
Most sportsbooks will charge you a fee, and there are some operators that change the fee depending on how much money you’re moving. For example, BetMGM might charge a flat fee of $10, while DraftKings has a tiered system; here, it’s $5 for transfers under $1,000 and $10 for transfers over $1,000.
Something many players also forget is that your bank might charge you a fee, too – somewhere between $15 and $30. It’s definitely a drawback but it’s the price you pay for security and reliability.
Back to the fun stuff – bonuses. Who doesn’t love a little extra cash to play with? While not all sportsbooks offer wire transfer-specific betting deals, many of them have welcome bonuses that you can claim no matter how you deposit.
For example, BetMGM offers up to $1,000 in risk-free bets, and Caesars will match your deposit up to $1,250. Just be sure to read the fine print and understand any wagering requirements.
Betting Site | Min Deposit | Withdrawal Times | Fees | Welcome Bonus |
---|---|---|---|---|
BetMGM | $10 | 3-5 days | Varies | Claim up to $1,500 Risk-Free Bet |
Caesars | $20 | 2-5 days | Varies | 100% match up to $1,000 |
BetRivers | $10 | Up to 72 hours | Varies | Get $500 Second Chance Bet |
Bet365 | $10 | 1-5 days | Varies | Bet $5, Get $150 |
DraftKings | $5 | Up to 5 days | Varies | 20% up to $1,000 |
FanDuel | $10 | 1-3 days | Varies | Bet $5, Get $150 |
Borgata | $10 | 3-5 days | Varies | 100% up to $1,000 |
For those of you that prefer to wager on your smartphone or tablet, you’ll have to look into wire transfer sportsbook brands that have quality mobile apps. These are three I think really shine when it comes to supporting wire transfer transactions.
I’ve spent quite a bit of time using the Bet365 app, and honestly, it’s one of the smoothest out there, especially if you’re dealing with wire transfers. What I like most is how easy it is to navigate. Even if I’m quickly placing a bet or diving into more complex options like live betting, everything just flows. The mobile betting app also handles wire transfer deposits and withdrawals seamlessly, which is a big deal if you’re moving larger amounts of money and want that extra layer of security. Plus, Bet365 covers a huge range of sports. I’ve never had an issue finding the markets I’m interested in, no matter how niche.
The BetMGM app is another one I’ve used quite a bit, and I have to say, it should be a top pick for anyone who values a secure and user-friendly experience. What really stands out to me is how straightforward the app makes managing your account. It’s all super intuitive as you make your way around.
I also appreciate the strong customer support they offer; it’s good to know help is just a tap away if you run into any issues and you won’t be waiting long for a chat response.
FanDuel’s app is one that I’ve found to be really reliable, especially when it comes to withdrawing your winnings through wire transfers. The app itself is very user-friendly; it’s easy to find your way around, place bets, and track live games.
What I like most about FanDuel’s app is how up-to-date they keep it. There are constantly updates rolling out that improve the performance and add new features, so you always feel like you’re getting the best experience.
So, what exactly is a wire transfer? It’s a term you hear often but what it actually is can be kind of a mystery. I would say to think of it as sending money from one bank account to another electronically.
This is all done through your bank, which sends the funds through a secure network to the recipient’s bank. Depending on when you start the transfer, the money could show up in a few hours or a few days. There really isn’t a one-size-fits-all solution here, so you just have to try a wire transfer at sportsbook sites on different days or at different times of day to see what the magic formula is.
Wire transfers are done through your bank, so you only need a bank account and a sportsbook account to be able to send money this way.
Wire transfers have been around for a long, long time – way longer than your PayPals and your Skrills. The first electronic funds transfer dates all the way back to the 19th century when telegraphs were used to send money between banks. Western Union actually launched the first wire transfer service in 1871.
It wasn’t until the 1970s, though, that wire transfers really took off. This is because the SWIFT system came about in 1973, and it gave banks the ability to standardize international transfers. By the time the 90s rolled around and banking systems became a lot more advanced with computerization, the popularity spread, with wire transfers being widely available at banks and in retail locations.
Even though you’re sharing your banking details, I would argue that wire transfers are generally very safe, especially when you’re doing a wire transfer with sportsbook brands that are licensed and reputable. Your deposit or withdrawal goes directly from one bank to another, and there are many levels of security along the way. One of the reasons they take so long is because there are several checks that need to be done while the process is happening.
I haven’t been to all 30 states where you can bet online but I do know the American betting market pretty well. So, I’ve compiled a list of the best wire transfer betting site operators all in one place so you can get the scoop no matter where you live:
State | Best Wire Transfer Betting Site | Welcome Bonus |
---|---|---|
Arizona | BetMGM | Up to $1,500 Risk-Free Bet |
Colorado | Caesars | Claim $1,250 |
Connecticut | FanDuel | Get $1,000 No Sweat First Bet |
Illinois | BetRivers | Get $500 Second Chance Bet |
Indiana | DraftKings | Bet $5, Get $200 in Free Bets |
Iowa | Bet365 | Bet $5, Get $150 in Bonus Bets |
Kansas | Caesars | Claim up to $1,250 |
Louisiana | BetMGM | Up to $1,000 Risk-Free Bet |
Maryland | BetRivers | Get $500 Second Chance Bet |
Massachusetts | Caesars | Claim up to $1,250 |
Michigan | FanDuel | Get $500 No Sweat First Bet |
Nevada | BetMGM | Up to $1,000 Risk-Free Bet |
New Jersey | Borgata | Bet $20, Get $100 |
New York | Caesars | Claim up to $1,250 |
Ohio | Bet365 | Bet $5, Get $150 |
Pennsylvania | BetRivers | Get $500 Second Chance Bet |
Tennessee | BetMGM | Up to $1,000 Risk-Free Bet |
Virginia | FanDuel | Get $1,000 No Sweat First Bet |
West Virginia | DraftKings | Claim up to $1,000 |
If your state isn’t listed, don’t worry. Most major sportsbooks accept wire transfers, so just check if it’s available in your area.
When evaluating wire transfer betting sites, we look at several factors that we think are the most important for bettors.
By focusing on these factors, we can confidently recommend the best wire transfer sportsbook sites to you.
While sports betting with wire transfer technology is great, this isn’t the only option out there. If you’re looking for something different but just as secure, you should consider these alternatives:
Credit and debit cards are fast, convenient, and accepted at basically all sportsbooks.
It’s the king of e-wallets, with secure transactions and quick withdrawals. It wasn’t always available at sportsbooks, and I’m thrilled that it’s finally crossed the threshold.
This is a prepaid voucher that adds even more security, because you don’t have to enter any kind of personal banking details when depositing; but, it’s not available as a withdrawal method.
Of course, all of these alternatives to wire transfer sportsbook transactions have their own pros and cons, so it’s worth exploring which one fits your needs best.
I can confidently say that’s just about everything you need to know about using a wire transfer for sports betting. It’s definitely not the flashiest or most modern payment method, but it’s reliable, secure, and really the only option if you want to move larger amounts of money. I would just advise you to remember to factor in the fees and processing times when planning your deposits and withdrawals.
And if wire transfers don’t quite fit your style, there are plenty of other options out there to explore. The key is finding the payment method that works best for you so you can focus on what really matters: enjoying the fun of the game.
Most sportsbooks will let players use wire transfers to make withdrawals – but you should remember that it can take a couple of days and pesky fees may apply. Check out our guide to see which sportsbooks offer the fastest wire transfer withdrawals.
Unfortunately, wire transfers are one of the banking methods that come with fees attached – but you’ll find that different operators structure their fees differently. For example, some may charge a flat fee but others have tiered fees which increase with larger withdrawal amounts. Also, your bank may want to get in on the action, charging an additional fee which usually ranges from from $15 to $30.
To deposit using a wire transfer, log in to your sportsbook account, go to the cashier section, and select wire transfer as your payment method. Enter your bank details and the deposit amount, and confirm the transaction. It’s super easy, and works just like any other sports betting deposit method, but it may take a few days for the deposit to appear in your account.
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