Many betting sites in Canada offer what’s called B2B (book-to-book) money transfers. This method allows you to transfer funds from one bookie to another at any given time. In this review, we will focus on the pros and cons of B2B deposits and try to answer all of your questions regarding this payment method. Read on!
Book-to-book payment is exactly what it sounds like – a method that allows you to transfer funds from one sportsbook or an online casino to another. Many websites in Canada will enable this method that has grown popular among bettors worldwide. If you prefer to bet on a website where you don’t have any funds, check if you can use B2B payment to transfer some of your money from another site.
Not all betting sites are the same. Whether it’s the bonuses, markets, or odds, gamblers should carefully choose which betting site to register on. That is exactly why B2B payment exists.
If you notice better odds on a particular site where you haven’t made a deposit yet, you can simply transfer money from another website and use it. For example, if you’re interested in a sporting event that your funded betting site doesn’t offer, you might find that market elsewhere and easily transfer the funds there.
The process of transferring money from one betting site to another depends on the websites themselves. It usually goes something like this:
Book-to-book transfers are only for depositing. If you want to withdraw money from your account, you can do that through the account page of the website that your money was transferred to using different methods.
The good news is that a lot of Canadian betting sites offer a B2B payment system to their customers. However, you should check which betting sites are connected. Sometimes you want to transfer funds from one site to another only to see that it can’t be done through the website where your money currently is. Nevertheless, take a look at our list and see what the most beneficial B2B betting sites for Canadian players are.
There aren’t many disadvantages regarding this method, although in some cases it can take a lot of time for your money to get transferred from one account to another. That can be a significant problem if you wish to take advantage of the odds on some other site and end up not having the money available in time.
Another disadvantage is that some sites include fees when you use this method. The fee amount depends exclusively on the operator.
B2B is just a system that some websites use, and not a company or a service of any kind. If you want to learn more about the B2B transfer method and how it is used on a particular website, you will have to contact the customer support team of that betting site.
How long does it take to receive money using B2B?
Depending on the terms and conditions of a betting site, B2B transfers might take a couple of minutes or a few hours to be completed.
Does it cost more money if I make a large deposit?
Again, fees depend on the rules of a given website. The fees associated with your B2B transfer can either be fixed or take up a percentage of your deposit amount.
Can I use B2B outside of Canada?
Yes, B2B transfers are used all over the world.
Who benefits most from using B2B?
Gamblers who wish to extend their portfolio and take advantage of other gambling site offers are the ones who benefit the most from this payment method.
Which banks is B2B available through?
Book-to-book payments are made between two betting sites, which means that banks are not involved in this process whatsoever.
Do I have to open an account with B2B to use their services?
No, since B2B is not a company or a service but just a method of transferring money from one place to another, you don’t have to open an account.
Are transactions via B2B protected?
As long as the betting sites that you are playing on are safe, your money will be safe as well.
Can I reverse a transaction using B2B?
This is a question for the betting site itself. Transaction reversal is possible in most cases, but you will have to check each site’s policy on that.