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If you’re reading this from Portugal, you most probably already seen or interacted with a Multibanco ATM already. And while the ATMs are part of this incredibly intricate and popular payment system available in Portugal, we are going to focus more on the Multibanco online payment branch. And, more importantly, how to deposit money at the cash machine and then use the funds to top up your account at international bookmakers offering this payment option. Most Portuguese punters go for the unlicensed betting sites for the higher odds offered and, since not all of them support Multibanco, we’ve made a list with the top ones where you can use it.
Best Multibanco Portugal Betting Sites
Since we know how important choosing a bookmaker to match your style is, we prepared a list with the best Multibanco Portugal bookmakers for you. Before we go into more details, you should know that these betting sites will always deliver high odds, plenty of football betting markets as well as a strong offer of in-play betting.
How to use Multibanco Portugal for online betting
In case you’re still not past the ‘how to use Multibanco Portugal?’ question, we’re here to inform you that there are two ways you can use it to deposit at online bookies. For the licensed bookmakers, you can use this interbank Portugal payment option to top up your account directly at the countless Multibanco ATMs across Portugal. However, as we broadly discussed here, there are only few licensed bookies in Portugal right now, not really offering top-class services. So, we’re not going to cover the matter of how to deposit money at the cash machine for Multibanco. Instead, we’re going to focus on the online transfer component that can be used to deposit at .com sportsbooks as well.
You only need a Portuguese bank account and you will be able to sign-up for Multibanco Way. Using your banking details, you will create the online account that will, then, allow you to issue virtual debit cards to deposit at online bookmakers. You can opt for either reusable cards or single-use ones and we strongly recommend the single-use ones since they bring you more protection and anonymity for playing on the unlicensed bookies.
Currently, there are over 27 banks partnering with Multibanco so you shouldn’t have any issues creating an account. The only currency supported by Multibanco is Euro and all deposits are instantly processed by the bookies. You can deposit as low as €1 using Multibanco, however, the minimum deposit is usually different for every bookie in part. The final great news is that this payment option does not come with any added fees or taxes, the amount you deposit is what you’ll get in your online betting account.
One of our first suggestions for all punters looking for high odds and great bonuses is 22Bet. The minimum deposit here is €1 and there’s no specified maximum amount, however, you would love to learn that there are no applied fees. Joining 22Bet will grant you access to appealing odds for all the important football leagues and competitions around the world, as well as Futsal or tennis.
1xBet is one of the most successful bookmakers around the world right now with a very aggressive expansion strategy. Recently landing huge deals with FC Barcelona, Liverpool, and Chelsea, you can count on 1xBet to give you the best odds for football bets. As far as 1xBet levantamentos Multibanco are concerned, the same minimum deposit of €1 is in place, with no added taxes, making 1xBet appealing to all types of punters.
If you’re interested in more than just amazing football odds and betting options and you have an interest in betting on eSports, BetWinner is the place to be for you. Registration is facile thanks to the one-click system and you will be able to deposit as low as €1 using Multibanco-issued cards or the bank transfer directly. Just select Multibanco in the cashier, insert your desired deposit amount and you will be given an Entity code and a Reference so that you can proceed with the payment.
Reloadbet is yet another potent bookmaker that offers Multibanco payments to all Portuguese punters that want to enjoy top-quality betting. The minimum deposit starts with €10 while the maximum is €2,500 and you can initiate the transaction in online from the cashier. The transaction has to be completed from either an ATM or through home banking and no matter which method you choose, there are no fees added.
Pinnacle is one of the oldest online bookmakers in the industry. They are known for offering some of the highest odds around and Portuguese punters can enjoy their excellent services while topping up their account with Multibanco. Top up your account with as low as €10 while you won’t have to worry about any fees since they’re absorbed by Pinnacle. No matter if it’s football, futsal, rink hockey or other popular sports, there are over 20 sports to choose from.
How to Take Out Your Winnings when Depositing with Multibanco
The only downside of Multibanco is the inability to use it as a withdrawal method as well. However, if you’re using it at unlicensed bookmakers, there are plenty of ways to get your funds out. The fastest, most popular and also the safest way is using an e-wallet. You can easily go with a PayPal Multibanco or Skrill by Paysafe. Multibanco is very flexible even though you can’t cash out using it.
Another withdrawal option for those that use Multibanco to deposit comes from cryptocurrencies. The bitcoin Portugal Multibanco market is highly developed so you shouldn’t have any issues cashing out in bitcoin and then converting them into cash. Bitcoin is impossible to track so in case you’re not convinced that there are absolutely no repercussions for Portuguese punters using unlicensed bookies - although you should be, according to this - it’s the best option for you.
There’s hardly anything that can be improved to the way that Multibanco works for punters in Portugal. Sure, making this payment option a valid withdrawal method as well would be excellent in terms of ease of use, however, most punters have an e-wallet account anyway so that’s not such a big inconvenience. With proven success for quite some time and strong partnerships in the planning phase, we’re sure Multibanco will continue to establish itself as the go-to payment option for Portuguese punters.
Full list of Multibanco Bookmakers
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| €200 (100%) + €300 (50%) | Code: Bookspy |
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| €200 (100%) + €300 (50%) | Code: Bookspy |
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| 100% up to €130 | Code: BMBET |
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