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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 Hong Kong. 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 Hong Kong sports betting. Given the laws in Hong Kong,
you may want to use a banking provider that is not located in Hong Kong. For this
you may wish to use an E-
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 -
Skrill, Neteller are some of the names you may have heard for online payments and
transfers. These are often referred to as e-
The benefit of these e-
An additional benefit of some of these e-
If you want to use funds from your bank account directly, there are a multitude of options depending on where you live:
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.
Some sportsbooks also accept old-
Ukash works like a gift card or gift certificate. Simply find Ukash cards/vouchers at a retailers in Hong Kong such as a news stand, petrol station etc. There you will be able to buy the Ukash code in denominations of a popular currency, likely USD. The Ukash fee is built into the price of the card. For example a card you may redeem for $50 at the sportsbook might cost $54.95. You will then be able to redeem your Ukash voucher at by entering the PIN code and the corresponding amount at your sportsbook of choice.