BETTING SITES WITH BKASH
There are many ways to make deposits and withdrawals from online betting sites in Bangladesh, but bKash is undoubtedly one of the most popular and widely used payment methods. The main reason is that it is a very reliable system that has become widely known around the world and is now used for all kinds of money transactions online.
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Similarly, the fact that some bKash betting site do not accept certain credit cards - such as American Express - makes bKash ideal, as it acts as a middleman in the transaction, allowing users to use their credit/debit card to make deposits to their bKash account and use it to deposit and withdraw money from their online betting account.
RELIABILITY AND SECURITY
It follows that we have no qualms about recommending bKash as a deposit method for online betting. It is a reliable system that offers all guarantees. Of course, there are other safe alternatives such as Rocket, Nagad, or credit/debit card deposits; but there is no reason why we would not recommend using bKash.
As for withdrawals, you will rarely have a problem with bKash because online betting sites usually prefer that their customers use the same method for withdrawals that they used for deposits... And with bKash, you will be able to both deposit and withdraw, something that is not possible with other methods such as Paysafecard, which only allows deposits.
BKASH IS A COMPANY
bKash is a service company that offers online money transfers. For individual users, it functions as an electronic wallet - eWallet - through which funds can be deposited (and withdrawn) to then be used for purchases and online transactions.
It is one of the most reliable methods in Bangladesh for making all kinds of online payments, including deposits and withdrawals from both sports betting sites and online casinos.
While other e-wallets such as Rocket or Nagad are heavily focused on transactions related to online betting and derive a significant portion of their revenue from it, for bKash it is just one of many activities.
BKash is very careful in choosing its partners. Regardless of what sector or business a company is in, it must do so legally if it wants to agree with bKash.
When it comes to gambling and betting, bKash only partners with operators that are well established, have a good reputation, and (most importantly) operate licensed - legally - in the countries where they do business.
For all these reasons, you can be sure that online betting sites in Bangladesh that offer bKash as a payment method are legal, trustworthy companies that provide the necessary security guarantees in Bangladesh.
IS IT SAFE TO BET USING BKASH?
Undoubtedly, one of the main questions to ask when choosing a payment method is the question of security, and we can assure you that bKash has earned an excellent reputation as a safe and reliable payment method for money transactions in Bangladesh, and the number of years it has been on the market is the best proof of that.
Although most online betting sites nowadays take the security of their customers' deposits and withdrawals very seriously, some bettors are still hesitant to report their card details online.
In this case, bKash is ideal: since you deposit money into your bKash account and they handle your transaction themselves, you don't have to provide your bank details directly to betting sites.
HOW DO I USE BKASH FOR BETTING?
bKash is the ideal payment system for betting in Bangladesh as it allows you to make deposits and withdrawals from your (bKash) account within minutes and then transfer them to your betting account without delay. The procedure to start using it is simple:
- Register on the bKash website with your email address.
- Link your bank account or card to your bKash account.
- bKash will verify your account.
- Once this is done, you can start using bKash for online betting.
HOW DO I DEPOSIT INTO BKASH?
This is a simple process, although a bit slower than using a bank card. The way to proceed is as follows:
- From the Bangladeshi bookmaker's website, select the option to top up your account with bKash.
- You will be redirected to the bKash website, where you will need to enter your credentials - your username and password.
- Once logged in, transfer funds from your bKash account to your bookmaker's account - the operation is instantaneous.
- Start betting.
HOW TO WITHDRAW WITH BKASH?
The first thing you should know is that in many cases if you have deposited using a certain payment method, the online betting site will require you to withdraw using the same method. Therefore, if you have deposited with the bKash betting company, there should never be a problem with the withdrawal. The process is as follows:
- Select the bKash withdrawal option on the bookmaker's website.
- You will be redirected to the bKash website, where you will need to enter your username and password.
- After that, the withdrawal process will begin - it usually takes 12 to 24 hours.
- After that time, you will receive the funds credited to your bKash account. Please note that sometimes bKash may charge a withdrawal fee to your bank account.
BENEFITS
- Security: Since bKash acts as an intermediary between the betting site and the bettor, you only need to give your bank details to bKash - instead of having to give them to every new betting site you register with. For many, this is a big advantage because it limits the number of sites they leave their details on.
- Registration and Deposit: Registering with bKash is very easy, you only need to provide an email address and you can deposit funds into your bKash account either by bank transfer or by card.
You can take advantage of customer offers: (depositing from) other e-wallets is sometimes incompatible with promotions, but with bKash you won't have this problem - it is always compatible.
DISADVANTAGES
- Not all online betting sites accept deposits and withdrawals via bKash: while all betting sites accept bank transfers and cards for deposits and withdrawals, some do not accept bKash - although most do. What's more, some of them allow deposits via bKash, but no withdrawals. Be sure to check this feature before registering with a bookmaker's site.
- Transaction speed: compared to credit/debit cards, there is no denying that bKash is a slower payment method. The reason is simple: you have to deposit funds into your bKash account first before you can transfer them to your betting account... and it can't compete with the speed of cards.
But compared to a bank transfer, bKash is a faster method - a bank transfer can last two to three days, and if there's a weekend in between, even longer.
ALTERNATIVES TO BKASH
If you're not willing to share your bank card details with betting sites but still want to take advantage of customer promotions... You won't find a better option than bKash.
We say this because while other similar systems work well and are safe, some betting sites will not allow you to access bookmaker and/or casino offers and promotions if you fund your account through them.
Nevertheless, listed below are the methods that are commonly accepted by online betting sites in Bangladesh...
Rocket AND Nagad
Two payment methods with a good reputation, are safe and also very focused on transactions related to the online betting market. Like bKash, they are electronic wallets - eWallets - and the principle is similar.
The advantage of using them is also that you do not have to disclose your bank details... But sometimes you will not be able to use them if you use Rocket or Nagad to fund your account at a betting site.
CREDIT AND DEBIT CARDS
Bank cards, mainly Visa and Mastercard, are still the most common way to pay on betting sites. Their main advantage is the speed of the transaction. Since there are no intermediaries, the transaction is processed instantly - unlike bKash, Rocket, and Nagad are just such intermediaries.
Understandably, some bettors are reluctant to share their card details online, but it must be admitted that most online betting sites today are safe. The most important thing is to check whether the betting site has a license to operate in Bangladesh.
If it does - and the sites featured here are always licensed - you shouldn't have any concerns about transferring your card details.
BANK TRANSFER
This is always a very safe option, which also does not involve intermediaries: your money goes directly from your bank account to the account on the online betting site.
However, the bank transfer process can take more than a day, which is an obvious disadvantage. In addition, some banks charge a fee for depositing on betting sites; in contrast, with bKash there is no such fee.
PAYSAFECARD
This is one of the best-known prepaid cards used around the world. As with Rocket and Nagad, some betting sites won't let you get a welcome bonus if you deposit with Paysafecard - in fact, these three payment methods are now owned by the same company: Paysafe Group.
When you deposit on a bookmaker's website using Paysafecard, you don't have to provide your personal or banking information. Although this is a convenient and widely accepted payment method by betting sites, it has a significant disadvantage: it allows you to make deposits but not withdrawals.
CAN I CLAIM THE WELCOME BONUS?
If you choose this payment method for online betting and want to take advantage of the welcome offer, you should always check in advance if the betting site you choose accepts bKash.
Fortunately, we can tell you that you will find many sites currently accepting bKash, and most of them allow you to take advantage of the welcome bonus when you deposit with bKash.
This is a big advantage over Nagad and Rocket e-wallets and Paysafecard - many online betting sites do not allow you to get the bonus if you deposited using any of these three methods.
FAQ
How does bKash work?
bKash is an online payment system through a virtual account (known as an e-wallet) that a customer links to their credit/debit card or bank account, allowing them to make online payments. The bKash account user can choose which card or bank account each online payment is linked to.
Why should I use bKash for online betting?
Because it is a safe and secure method of online payments. Compared to other methods used on betting sites in Bangladesh, bKash offers two major advantages: you don't have to disclose your bank or credit/debit card details on the betting site, and you can almost always get a welcome bonus as a new customer - something that's impossible with other similar e-wallets.
How do I sign up for bKash?
The process is very simple. To open an online account with bKash, all you have to do is provide an email address. Once it is created, you need to link it to a bank account or credit/debit card. Then bKash will conduct a verification process, and if everything is in order, you can start using it to make and/or receive virtual payments - online.
Why don't all betting sites offer bKash as an option?
Because it depends on whether the betting site has a cooperation agreement with bKash, and sometimes they don't for legal reasons. bKash does not automatically enter into agreements with all betting sites but excludes those that have a bad reputation or engage in bad practices. However, we can tell you that most large and reputable online betting sites offer bKash as a payment method.
Does bKash charge any commissions on betting sites?
While bKash doesn't typically charge a fee for deposits and withdrawals on online betting sites, there may be a small fee when you withdraw funds from your bKash account to your bank account. We recommend that you check with bKash directly.
Do the betting sites charge any fees when using bKash?
No, sports betting sites do not charge any fees for depositing or withdrawing funds from your bKash account. If you do encounter such a site, it will be a rare exception to the general rule.