Though sports betting is not yet legal in Hawaii, it’s only a matter of time before it will be. When this happens, the state will be inundated with a large number of different sportsbooks. This means that you will need to choose between different sites in order to get the best place to play.

One of the best ways to choose a site is based on the payment methods they offer. You should choose where to play by thinking about which is your preferred banking option. With this in mind, we’re going to take a look at online banking betting sites in Hawaii, and see what they have to offer.

What is Online Banking?

Online banking is the most traditional payment method out there. It is simply the process of transferring money directly to and from your bank to the person or site you wish to pay. This payment option doesn’t require any additional apps other than your own bank’s banking app if that’s the way you prefer to use it. Using this payment method does mean that your bank has to allow direct transfers to a betting site. And this is not always the case in the US. As such, you will have to check if this is permitted by your bank before you select this option.

Online banking also has some of the slower transaction times out there, particularly when it comes to making a withdrawal. However, this is to do with the fact that there are multiple layers of security in place. Because this is a direct transfer from your bank, they take extra special care, spending time and effort to ensure the transactions are completely legitimate. So, while it may take longer to receive your funds, you’re definitely going to get them once the transaction has been confirmed and approved.

Depositing money into Hawaii betting sites using Online Banking

If you want to get started with online banking betting sites in Hawaii, we’re here to help you do just that. Follow these steps, and you can be betting in no time at all.

  1. Become a member of a Hawaii sportsbook. Take a look at our top online banking sportsbooks in Hawaii right here. We take the time to review each site to make sure it is nothing but the best in terms of quality. This means ensuring it is legal within Hawaii and holds a legitimate license. On top of that, we look at the payment methods available, the sports on offer, and the bonuses provided. Once you have chosen which of these sites you’d like to join, head to the sign-up page and make an account. Follow all the instructions and provide accurate personal information to get your account up and running.
  2. Use online banking to make a deposit. Once your account is activated, head on over to the banking section of the site. Here you can then click online banking as your preferred payment method.
  3. Choose your bank from the list of options. A list of eligible banks will be displayed, and you must choose yours from the options provided. Then, you will need to input your bank account number and sort code as well as the amount you would like to make as a deposit.
  4. Payment must be verified. Once you confirm the deposit request, you will then get a pop-up window on your bank’s verification page. You will either need to confirm the payment through your banking app, or via other methods of 2-factor authentication such as a passcode, or a code sent to your mobile. Complete the verification and your transaction will then go through instantly.
  5. Place a bet. Once the funds are in your betting account you can start taking a look at all the odds and the latest sporting events.

Using Online Banking to withdraw funds from a betting site in Hawaii

If you’re lucky enough to score a win, you’ll be wondering how to get your hands on this payout. And this is how:

  1. To withdraw money, go to the cashier’s section. Login to your account and choose online banking as your payment method in the banking section of the site.
  2. Using online banking, you can withdraw your funds. Next, you will need to get all your details ready so that you can make a withdrawal. However, you do need to ensure that the withdrawal you want to request is going to be allowed by the sportsbook. This means making sure that you have met any bonus terms and conditions and that the withdrawal is within the minimum and maximum withdrawal limits. If not, the withdrawal won’t be processed, and you will have wasted time trying.
  3. From the list, select your bank. Most sportsbooks prefer that you use the same banking method for withdrawals as you did for deposits. If you’ve already used your bank for a deposit, it will be on the list for withdrawals.
  4. The required information must be filled out. Once you have chosen your bank, you will need to provide all your banking details again.
  5. Enter the withdrawal amount. Then, add how much you want to withdraw and confirm this as the transaction.
  6. Click Confirm. You will need to run through any security checks and requirements before the transaction is complete. It can take up to 5 working days for the funds to appear in your bank.

Other options to Online Banking at HI betting sites

While online banking betting sites and betting apps in Hawaii offer a really secure payment method, it might not be for everyone. If you want a faster option or one that’s a little easier to do from your phone, then here are some alternatives you can consider.

  • VISA: Globally available, VISA is a recognizable brand and perfect for online payments to a betting site. This card payment can be used as both a credit or debit card offering secure transactions regardless. You can opt to save your card details for smoother transactions when playing at the same sportsbook, or choose to input each time for added security. The only thing to bear in mind here is that there can be fees when withdrawing.
  • Mastercard: Offering a very similar setup to VISA, Mastercard is another top brand operating on an international level. It, too, has strong security protocols in place and this help to prevent fraudulent activity from occurring on your card. It’s possible to make deposits and withdrawals, though not all banks or US betting sites will allow withdrawals to be processed to a Mastercard. You may need to consider an alternative withdrawal option in some cases.
  • Discover Card: This is a credit card payment option that works in the same way as both VISA and Mastercard. Just like them, it has the option to make both deposits and withdrawals. It’s also got strong security protocols in place making it difficult for someone else to use it without your knowledge. The main difference is that it’s a lot less popular and therefore not available at as many betting sites. However, it is growing in popularity within the online betting world, with more and more sites offering Discover cards as a top option.
  • Play+: If your bank doesn’t permit direct-to-betting site transactions, then the Play+ card is an excellent alternative. This works in a very similar way to VISA and Mastercard payments. The main difference is that you have to fund the card first. You can do this by transferring funds from your bank account to the card. Then, on the betting site, you can use the funds in the same way as a card payment. However, there are fees attached when it comes to withdrawals. And, you will need to make a new Play+ account for every sportsbook you sign up to.
  • American Express: Just like VISA and Mastercard, this is a strong card payment option offering secure payments. It’s got a big plus point in that it offers rewards for using it. But, it’s not as commonly found at online betting sites in Hawaii, which is a bit of a sticking point.

FAQ

Can I use online banking at all betting sites in HI?

Yes, you can use online banking at all betting sites in HI. Online banking is such a popular option that it's usually available no matter where you play. It's a standard option too, which really ensures you're going to be able to find it.

Are there any risks to using online banking at Hawaii betting sites?

No, there are no risks to using online banking at Hawaii betting sites provided you use a licensed and regulated sportsbook. If you are using a legal betting site, then they are required to provide strong SSL encryption protocols and so on. However, if you're playing somewhere that we don't recommend, then there could be risks involved when using online banking.

Do all sportsbooks in Hawaii accept online banking for deposits and withdrawals?

Yes, all sportsbooks in Hawaii accept online banking for both deposits and withdrawals. This is because online banking is available for both of these types of transactions. And, as it is a commonly used method around the world and at multiple types of online stores, it's easy to implement.