Bank Transfer deposits
Soon you will no longer be able to deposit directly to your Sportsbet account via BSB & Account Number; this includes both online and in a branch. We are in the process of removing bank transfer as a deposit method, approximately mid-March.
How do I deposit now?
We have a range of other deposit methods available, you can find them in the Deposit section or for more info on a particular deposit method, head to our pages below:
You can continue to use this method for now, however we do suggest switching to our other methods to avoid disruption.
Will this affect my withdrawals?
No, this change only impacts deposits. You can still withdraw funds to your bank account as usual.
I can’t find my reference number to deposit, what is it?
It’s your Sportsbet account number and your last name. However, we are in the process of removing bank transfer as a deposit method, so we do suggest switching to another deposit method to avoid disruption.
Credit cards no longer accepted
As of 11 June 2024, Government Regulations changed to prohibit the use of credit cards and payment methods linked to a credit card (such as digital wallets and BPAY) when making deposits for online wagering. This includes the use of credit cards as a payment source for Apple Pay, and PayPal e-wallet deposit methods.
Debit cards (debit only) are not impacted by these changes and can continue to be used as a payment method with Sportsbet. See the Government Regulations here:
https://www.dss.gov.au/communities-and-vulnerable-people-programs-services-gambling/gambling-reforms]
Please note, a single card that is linked to both credit and debit accounts cannot be accepted.
The difference between credit and debit cards
Debit cards transact using money from an everyday or savings account and transfer funds directly from the available account balance in real time.
- Credit cards work like a small loan and transact using the bank’s money up to a set credit card limit. Any money spent becomes a debt that needs to be repaid to the bank. Please note - To ensure compliance with the Regulations, Sportsbet will restrict deposits from credit cards and credit card deposits via digital wallets from 10 June 2024.
- BPAY deposits to your Sportsbet account using credit cards are no longer accepted as of Thursday, 6 June 2024.
Deposit option alternatives:
Sportsbet offer a wide range of deposit methods for customers to use, below are some options you may wish to use as alternatives to credit cards
How to deposit using a debit card
Depositing via a debit card is a quick and simple process. Below is a step-by-step process on how to deposit via a bank card.
- While on the Sportsbet home page, navigate to your balance, click on your balance then below click on Deposit.
- Displayed will be a number of deposit methods and you will need to click Add New or select from existing.
- Then you will be prompted to input your card details as follows, Cardholder Name, Card Number, Card Expiry, CV2 Number, and finally the amount you would like to deposit into your account.
- Click Deposit Now to complete the process.
If you do not have a debit card we recommend PayID as an alternate deposit method.
How to register a PayID
Please click here for instructions on setting up PayID with your bank.
How to deposit using PayID
Please click here for instructions on how to deposit using PayID.