Top 5 CS:GO Betting Sites

The project first came together in 1985, when 12 ATMs were installed in the cities of Lisbon and Porto. Just 10 years later, and the network was operating with a total of 3,745 ATMs. Today, about 75 million operations take place every month by these Multibanco ATMs. While originally these machines only allowed users to withdraw cash and check their balances, they operate on a much larger scale today.

By this, we mean that the ATMs can also be used to make shopping payments, top up prepaid mobile phones, purchase tickets for concerts and shows, and even deposit at online sportsbooks. This is why it has become quite a popular alternative depositing method for sports bettors from Portugal to use.

In the same instance, many of the online sportsbooks that accept Multibanco deposits also provide CS:GO betting. This means that if you’re a resident of Portugal, and you would like to make a deposit with this method, we’ve got all of the necessary information for you right here.

Top Sites for CS:GO Betting with Multibanco

In order to use the Multibanco payment method for funding your account, you will need to find an online platform that allows you to deposit with it. While there are quite a few of these available, not all of them can be considered top sites for CS:GO betting. This is where we come into play. We have gathered together a collection of the very best sites that provide both CS:GO wagering and the possibility for Multibanco deposits.

To be able to make this list of sportsbooks, we have taken it upon ourselves to sign up to all of the available platforms. We’ve also deposited there with the Multibanco payment method and gone ahead with placing bets on the esport. Therefore, we’ve had the entire experience of utilizing this banking method, giving us the knowledge of what it’s like to use it.

With this being the case, we’ve taken many things into consideration when creating our list of the top sites for CS:GO betting with Multibanco. For example, we looked at whether the deposit transaction was an easy process to go through, how quick the money showed up in our sportsbook account, what our gambling experience was like there, and more.

Therefore, why not take a look through the collection of these top sites? You could find a platform that stand out to you and highly appeals to your betting nature. These are, after all, the top sites for CS:GO betting with Multibanco.

Why Bet on CS:GO with Multibanco?

So, what would make a bettor opt for the Multibanco payment method over anything else? Well, for a start, it provides you with an instant deposit. This means that as soon as you complete the transaction, your funds will show up in your sportsbook account, ready to use. Your CS:GO betting can begin straight away, which is always something to be happy about.

Further to this, just about all of the banks within Portugal are connected to the Multibanco network. So, generally speaking, regardless of which one you hold an account at, you’ll be able to deposit with this option. There are 27 well-known banks within the country, and they’re all available on the Multibanco network.

Something else that stands out about the Multibanco payment method is its level of security. Portugal has one of the lowest reported levels of fraud when it comes to the Multibanco option, meaning that a transaction to an online sportsbook can be considered safe and secure. This is because you really don’t share any of your details with the sportsbook. Instead, you go to one of the ATMs, input the information of where you want to send your money to, and it goes directly there.

One final thing that we want to mention is that Multibanco provides you with the chance to make easy repeat transactions. By this, we mean that once you make your first deposit, you’ll be given a Multibanco Reference. If you want to make another deposit of the same amount, you can utilize the same Reference, and the transaction takes place. This means that you don’t have to repeat entering the information of the sportsbook and so on.

How to Get Started with Multibanco Betting

There are a couple of different ways to use the Multibanco payment method. One requires you to go to one of the ATMs and complete the transaction, while the other allows you to do so online via your online banking. First of all, though, you need to sign up at your chosen online sportsbook. Then, make your way over to the cashier page and select the Multibanco option as your preferred payment method.

You then need to input the amount that you intend to transfer into your account and click on the “Deposit” button. At this point, you will see a unique “Entity Number” on the screen, as well as a payment reference number that you need to retain details of to complete the deposit. Make sure that you write these down before proceeding on to the next step.

If you opt to complete the transaction via one of the ATMs, you need to insert your bank card into the machine and then enter your pin. Select the “Payments and Other Services” option before selecting the “Payments of Services/Purchases.” This will then request the “Entity Number” and the payment reference to be entered, along with the amount. Make sure that you retain the receipt as proof of the transaction.

Alternatively, if you choose to use the Portuguese online banking system, you need to log into your account and select “Payments.” Again, you need to head over to “Payments of Services/Purchases” before the information from the sportsbook cashier needs to be entered. Upon confirmation of the payment via either of these methods, the funds will show up in your account.

Pros and Cons of Betting with Multibanco

Pros

  • Instant deposits
  • Easy repeat transactions
  • Secure payment method
  • Almost all banks in Portugal connected to the network
Cons

  • Only available for residents of Portugal to use
  • Withdrawals cannot be done via Multibanco

Are There Any Fees to Pay for a Multibanco Transaction?

No, Multibanco transactions are free of charge to complete.

Which Currencies Does Multibanco Operate In?

You can only transact in the Euros currency with Multibanco.

Is There a Limit on How Much I Can Transfer with Multibanco?

This will also depend upon the sportsbook that you’re depositing into, but Multibanco allows up to €750 to be sent per operation.