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Egypt 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 Egypt.  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 words the limit for Skrill will be different at each sportsbook.  I cover this on my page on high limit Egypt 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.

Credit cards, debit cards and prepaid credit card solutions

E-wallet solution providers

Bank debit and transfer solutions

Bitcoin via blockchain

Yes, Bitcoin is its own currency.  But given how Bitcoins are transferred, they can be used as payment toward other currencies like US Dollars or Euros at betting sites.  You don’t bet in Bitcoin, you get the equivalent exchanged value of your Bitcoin amount in betting currency of your account.  

Bank Wire Transfers are available at most sportsbooks and in almost every country of the world for transfer to sportsbooks.  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 and 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. All three  are available to use from Egypt, but none of them offer accounts in the Egyptian Pound.  So just make sure that you set your e-wallet currency to the same currency selected for your betting account so that you only exchange funds once for each deposit or withdrawal.

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.   

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.

MuchBetter is a mobile e-wallet and payment app that allows you to easily make payments to your betting site of choice (as well as other merchants). Simply download the app, then make payments into the app from your Visa or MasterCard credit or debit cards or Bitcoin from Egypt. What are the benefits? Added security features and a layer of anonymity in using this intermediary solution between your Egypt-based providers and the bookie.

10Bet Available Egypt Banking Methods

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Betway Available Egypt Banking Methods

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bet365 Egypt Available Banking Methods

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

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