Banking Methods for UAE Sports Betting

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UAE Sports Betting

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UAE Sports Betting

UAE Sports Betting Banking Methods

You want to get started betting on sports or horses, but want to learn about the best services available to deposit and withdraw funds from your sportsbook account.  I’ve outlined the kinds of banking methods below and the most accepted methods within each category for service in the United Arab Emirates.  You will see that the most popular methods are generally available across each of the sportsbooks.  If you are interested in understanding the transaction size limits for each method, these vary by sportsbook.  In other word the limit for Skrill will be different at each sportsbook.  I cover this on my page on high limit UAE sports betting.

Credit Cards like Visa and MasterCard are accepted by every sportsbook in my list.  Depending on your credit card company, your deposit may be treated with sportsbooks as cash advances, not purchases.  This means that your transaction may be eligible for interest charges from the moment of the transaction.  Check to see if this is in fact the case with your particular card if you wish to avoid these interest charges.  Maestro and Visa Debit and Visa Electron are considered “debit” solutions which allow you to debit funds from your associated bank account, which avoids interest charges.

Entropay is essentially a virtual Visa card which is prepaid - meaning there is no credit check or application required.  It allows you to pay instantly and privately so that you don’t share your financial information with the betting service, and your card statement won’t have a betting-related charge listed, but rather “Entropay”.  You can load your virtual Entropay Visa by using an actual credit card, your debit card or with your bank transfer and funds can easily be paid back onto your Entropay virtual Visa for transfer back to your original funding source.  If your funding source is a credit card, by using Entropay as the intermediary solution, you can avoid potential cash advance interest charges that might be applicable in your jurisdiction as your transaction with them will be treated as a purchase, not a cash advance.  Entropay is available in UAE and available in USD, EUR and GBP balances, simply search ‘Entropay’ and visit their website to get started.





Credit cards, debit cards and prepaid credit card solutions

E-wallet solution providers

Bank debit and transfer solutions

BetVictor Available UAE Banking Methods

Pinnacle Available UAE Banking Methods

MarathonBet Available UAE Banking Methods

Unibet Available UAE Banking Methods

888Sport Available UAE Banking Methods

10Bet Available UAE Banking Methods

Go! Go! Go! Go! Go! Go!

Spin Palace Sports Available UAE Banking Methods

Betway Available UAE Banking Methods

Go! Go!

bet365 UAE Available Banking Methods

bet365 offers several major banking methods to UAE customers but they prefer you visit their site to view the latest details for deposits & withdrawals.

Go!

Bitcoin deposit and withdrawal solutions from the United Arab Emirates

If  you would like to fund your betting site account using bitcoin, understand that you can do this, but your account will still be in a normal Fiat currency.  A betting site that accepts bitcoin will exchange your bitcoin deposit for their current exchange rate into your Fiat currency balance.  Most sites that accept bitcoin will convert to a limited number of Fiat currencies like the USD or Euro or GBP, not others, so your betting account would likely need to be in ones of these currencies.

Bank Wire Transfers are available at most sportsbooks and in almost every country of the world for transfer to sportsbooks including from the UAE.  Wire transfers may take a little longer to settle as a transaction but this method generally allows for extremely high limits and is thus very good for high rollers.

Skrill, Neteller EcoPayz are some of the names you may have heard for online payments and transfers.  These are often referred to as e-wallets.  With them, you can link a credit card or bank account as a funding source to deposit money into your sportsbook account, or conversely, use them to withdraw winnings.

The benefit of these e-wallet providers is that they allow you to move money electronically for very low fees, in very little time.  Depositing money is nearly instantaneous, and withdrawals are often processed within 48 hours at most sportsbooks, sometimes, within 24 hours.  

An additional benefit of some of these e-wallets is their ability to allow you to access their service from your smartphone or mobile device.  Additionally, most of these e-wallet providers allow for transaction sizes large enough to accommodate the needs of almost every bettor.  All of the above should be available for use in the UAE.  Ensure you set your e-wallet currency to match the currency of your betting account to reduce currency exchange fees.  

Another important aspect is the anonymity they provide as your base funding source will be shown to transact with the e-wallet rather than directly with the sportsbook.  If you are concerned with being able to bank with your sportsbook with a layer of anonymity, these e-wallets provide it.