Payment Methods for Betting in Bangladesh: Convenient and Secure Options
The ability to comfortably and safely conduct transactions is one of the key aspects that Bangladeshi punters pay attention to when picking a bookie platform. Eminent brands that legally work on the territory of their country provide local folks with the option to replenish their balance and grab winnings utilizing vetted payment tools. On this page you can find out about it in detail.
Why You Need Money at Betting Platforms in Bangladesh
Perhaps the answer to this question lies on the surface, but we consider it our duty to tell about it in detail. The presence of money on the balance provides access to paid services of an online bookie:
- You will be able to make stakes in Line and Live, and win cash;
- You will be provided with access to the activation of any incentives, if, of course, you meet the qualification limits;
- You will also be able to take part in tournaments held by bookies for their patrons from Bangladesh. By betting on real money and grabbing points, you will be able to improve your position in the leaderboard and claim prizes.
Also, playing for real money allows you to take part in VIP programs of staking platforms, claiming to receive various benefits: from personal incentives and increased cashback to priority withdrawal of funds and physical prizes.
Diversity of Payment Tools
There are multiple ways in which Bangladeshi punters can finance their staking activities. They differ in various parameters, but each of them is legal and guaranteed to allow them to transfer funds to the staking platform. Below we will tell you about the most popular payment tools from local players.
bKash
It is one of the main payment solutions utilized in Bangladesh. Local punters appreciate this legal mobile payment system for the convenience and security of transactions. Bkash is suitable for both incoming and outgoing transactions, and is accepted on almost every eminent staking portal operating in the country.
Nagad
This digital financial service is also among the most popular payment options in online betting in Bangladesh. It allows local punters to conduct a variety of transactions, including financing gambling activities of local punters. To do this, they need to utilize a pre-downloaded mobile app and create an account in it.
Rocket
This electronic payment solution allows gamers to quickly, comfortably and safely conduct both incoming and outgoing transactions on gambling platforms. Rocket supports remittances using BDT, so Bangladeshi players will not have to think about the need for currency conversion.
Skrill
One of the leading e-wallets in the world is one of the most popular payment tools in the Internet gambling industry. It is ideal for both depositing and withdrawing winnings. Skrill has an excellent support service that is ready to quickly help with solving user issues. The disadvantage of this option may be transaction fees.
Neteller
Another wonderful e-wallet that provides fast and reliable remittances. By analogy with Skrill, fees may also be charged when utilizing it, so we recommend that you find out about this before you are going to transfer money.
Perfect Money
Despite the fact that this e-wallet is inferior in popularity to Skrill and Neteller, it still enjoys success with Bangladeshi punters. They appreciate it for its ease of use, transaction speed and guaranteed reliability of money transfers.
UPay
An excellent electronic wallet, tailored to the needs of Bangladeshi punters. Its undoubted advantage, in addition to the benefits associated with this category of payment tools, is the integrated QR code. By scanning it, you will be able to make a transaction. So you don’t need to specify the data.
Crypto
In recent years, cryptocurrencies have flooded the online gambling industry, and this is logical, because these digital coins (Bitcoin, Litecoin, Ethereum, Dogecoin and others) provide the highest confidentiality and security of transactions. Their use, however, requires care. If you incorrectly specify the addressee, then your funds will end up with an unknown person, and you will be able to return them only if he or she shows good faith and makes a refund.
Visa/MasterCard
Visa and Mastercard bank cards have been utilized by gamblers in different parts of the globe for many years, and Bangladesh is no exception. They are suitable both for replenishing the balance and for withdrawing funds, connecting your bank account with the balance on the betting platform. The disadvantage of this option is the duration of payment transactions. They take several days.
Bank Transfer
This is one of the most reliable payment tools accessible to punters from Bangladesh. It is worth noting that some of them would not like to disclose their bank details on the betting platform. If this does not stop you, then you will surely appreciate the comfort and reliability of transactions with the help of a bank transfer. That’s just not the most successful option in terms of withdrawal time — it takes several days.
How to Make a Deposit?
Now that you know about the diversity of payment tools accessible to punters from Bangladesh for conducting remittances on betting platforms, we are ready to provide you with instructions on how to refill the balance. They are universal for any of the bookies whose services you decide to use:
- Register, or log in to the platform of your picked Internet bookie;
- Open the banking operations cell, and press the ‘Deposit’ tab;
- Pick a payment solution;
- Indicate the amount;
- Type the required payment details;
- Check the correctness of the info provided so that your payment is guaranteed to be successful;
- Approve the transaction.
Depending on which payment tool you pick, the money will be credited to your account immediately, within a few mins or after a few hours.
Consider These Factors Before Picking a Payment Solution
Before you think about utilizing a particular payment tool for conducting remittances on a staking platform, take some time to pick this tool. To do this, pay attention to these aspects:
- Acceptance of the local currency. Pick the options that allow you to transfer BDT. This will save you from having to convert currency;
- Safety. If you utilize the services of a licensed, legal Internet bookie, then for sure the payment solutions on its platform will be legal;
- Limits. It is worth noting that when making any incoming and outgoing transaction, bookie sites set limits on the min/max amount. These limits may vary for various payment tools;
- Processing time. Some options allow you to receive funds swiftly, while when using others you will need to wait for some time;
- Fees. If the payment service charges a fee for transactions, then be sure to find out about it in advance. This is very important, because if the bookie also takes its commission, then it is unlikely that you will be satisfied with it;
- Operating hours. Make sure that your chosen payment service is available for 24/7 transactions, if you suddenly prefer to make stakes at night.
Paying attention to the above aspects, you will be able to deliberately pick a banking solution and finance your betting activities.
Read about BETTING STRATEGIES.