Although the organisation stressed the alleged offence does not entail match manipulation or corruption, it has determined that the 40-year-old has a case to answer.
Bingham was a surprise winner of the World Championship in 2015 and is currently ranked third in the world.
In a statement the WPBSA said: "Following an investigation into an alleged breach of the WPBSA Betting Rules by Stuart Bingham, a decision has been taken today that there is a case to answer.
"The matter has now been referred to the WPBSA Disciplinary Committee where a formal hearing will take place at a venue and date to be confirmed.
"This relates to bets placed on snooker in contravention of the WPBSA Betting Rules.
Read the full article on eurosport.co.uk: WPBSA charges Bingham with a breach of betting rules