Author:
David Genge
Last Updated on:
17/07/2021
Table of Content
- Working out which online betting payment methods you’ll need
- The fastest bookmaker deposit methods
- Verifying online betting payment methods
- The bookie with the best record for betting deposit methods and withdrawals too!
- Other great bookmakers
- Bookmaker deposit options: common queries
- Ultimate tips for picking the best payment method for your betting journey
- How you can find your perfect bookie
- Get your online betting payment methods ready!
- Great bookmaker bonuses
- Betting deposit methods FAQ
Working out which online betting payment methods you’ll need
Many people will be uncertain about which betting deposits methods they can use at different bookmaker sites. Plus it’s true that each country has its own restrictions over what bookmaker deposit options you can use. This means that you might be able to use credit cards like Visa and MasterCard at some sites, while other sites prefer you to use ewallets such as Skrill and Neteller.
We’re here to take the mystery out of deposit methods. This means showing you that the majority of sportsbook deposit methods are secure and legitimate. As a result, you’ll be able to fund your sports bets with plenty of confidence, and the same goes for making stress-free withdrawals of your winnings. All of which makes it easy to deposit with a vast range of cards, ewallets, prepaid cards, cryptocurrencies and so on.
All of our bookmaker reviews will outline what betting deposit methods you can use at each site. You’ll also get to see how each bookie is licensed in each country and learn more about what the bookmaker does to keep your real money deposits safe. So take a look at our leaderboard of sports betting sites and you’ll find that all of their betting deposit methods have been tested to prove that they are safe and legitimate.
The fastest bookmaker deposit methods
Nobody wants to have to wait for their betting deposits and withdrawals to land in their account. Such a time lag isn’t just annoying, but it can also have a negative effect on your sports betting journey. So we’ll always guide you to those betting sites who process your payments as fast as possible.
Payment processing times will vary according to the payment method used. Most bookmaker deposit methods such as debit cards, credit cards, ewallets and prepaid cards should end up in your account almost instantly. However, it’s worth noting that if you use betting deposit methods like bank transfers, you might have to wait anywhere up to three working days to start your betting adventure.
Withdrawal processing times roughly follow those of common bookmaker deposit options. This means that ewallet withdrawals should normally be processed in under 48 hours, while it could take a little longer for card and bank transfer withdrawals. If any bookmaker takes longer than one week to pay you your winnings, then the bookie is probably not worth including in your travel itinerary.
Verifying online betting payment methods
All decent betting deposit methods will aim to be as secure as possible. This is why you will normally be required to provide the payment provider and the sports betting site with a fair amount of personal information before you can use their services.
It’s common to find that you will always have to let the provider know personal details like your name, address, date of birth, mobile number, email address and so on. The same is true of all decent sports betting sites. This is because all good bookmakers will have strict know your customer (KYC) procedures. Such protocols are put in place to make sure that only you get to access your account and they help to stave off any criminal activity.
Bear in mind that online bookmakers might require you to provide more personal information if you wish to deposit or withdraw more than their standard limits. Again, this is there for your online security. We should also note that most bookmakers will only allow you to make withdrawals back to the payment method used to make your deposits. Such measures have been introduced to counter any attempts at money laundering.
All of these verification procedures might slow down the process of making deposits and withdrawals, but they have all been put in place for your online safety. Essential for your betting journey around the globe.
The bookie with the best record for betting deposit methods and withdrawals too!
Unibet isn’t just one of the world’s biggest betting brands. It’s also got its rivals beaten in terms of payment processing times. This means that you can sign up to Unibet, use one of the bookmaker deposit methods and start your betting vacation in a matter of minutes.
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We found that Unibet makes it easy and fast to put down your real money deposits. You can easily do so via its user-friendly website, and Unibet has also got perhaps the best sports betting app for making speedy deposits and withdrawals too.
Plus with an enviable variety of payment options including Visa, MasterCard, Skrill, Neteller, PayPal and so on, it’s easy to see why so many people make Unibet their betting destination.
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Highlights
Bookmaker deposit options: common queries
We realise that you’re probably itching to get started on your betting and that the last thing you want to do is to talk about payment methods. But you won’t get anywhere unless you are funding your sports bets with real money deposits. So we’ve created this quick FAQ section that can put you in the fast lane for your betting adventure.
Can I use any deposit method to get a welcome bonus?
It depends on which betting site you use and which bonus you are looking to get. Some betting bonuses can be claimed by using any of the bookmaker’s deposit methods. However, it’s fairly common to find that bookies will have restrictions on the payment methods you can use to make your qualifying deposit. Many bonuses cannot be claimed if you make a deposit with ewallets such as Skrill, Neteller, PayPal and EcoPayz. Plus deposits made with prepaid cards like Paysafecard or even cryptocurrencies may cause you to get invalidated from picking up a bonus.
Will there be limits on how much I can deposit and withdraw?
Most bookmakers will apply minimum deposits on how much you can deposit and withdraw so that it makes financial sense to process the transaction. You will often find that there are limits on how much you can deposit according to the payment method used. For example, you might find low deposit limits for prepaid cards whereas there should be much larger deposit limits for bank transfers. The same tends to apply to making withdrawals, although bookmakers will impose maximum withdrawal limits so as to safeguard their own financial stability.
Which payment method provides the fastest deposits and withdrawals?
Many betting fans insist that ewallets tend to offer the speediest deposits and withdrawals. This means that if you deposit with an ewallet like PayPal, you will often be able to start your betting journey just seconds after submitting your payment. Ewallets are also very fast for making withdrawals. One of the biggest reasons why so many people use Neteller betting sites is the fact that the payouts from these sites can be lightning fast.
Can I use cryptocurrencies like Bitcoin to fund my bets?
It’s fair to say that Bitcoin is growing in popularity across the world, and it’s starting to be featured as a valid payment method at more and more betting sites. However, it’s worth noting that the majority of big bookmakers have yet to accept cryptocurrencies as a deposit method. There are many reasons for this, but we’d expect that cryptos like Bitcoin, Ethereum and Ripple start to feature at more bookies in the future.
Will there be any fees for making payments or withdrawing from an online bookmaker?
Nobody wants to have to pay fees for making a deposit or a withdrawal from a betting site. Doing so would mean that you’d have to spend some of your betting money. The good news is that the majority of betting sites allow you to move your money around and it won’t cost you a single cent or penny. However, it’s important to note that some bookies may charge you a small fee for making deposits or withdrawals with certain payment methods.
Ultimate tips for picking the best payment method for your betting journey
We realise that there are many different ways that you can fund your betting adventure. Payment methods vary from American Express to Venmo and each will have its own pros and cons. The key thing is to do plenty of research in how each payment method works before you sign up to use it. So we won’t just show you the best betting tipsters for sports, but we’ll also give you a few tips to keep in mind as you look for the perfect betting payment method for your travels. Here’s a look the different aspects of payment methods you’ll need to consider:
How you can find your perfect bookie
So you’ve picked your perfect payment method that is going to open the door to an entire world of betting destinations. But how do you go about picking a bookmaker that’s right for your needs? Here are some simple ways that you can narrow down your search to start an epic betting voyage.
Betting options: There’s not much point in signing up to a betting site if it doesn’t have any decent betting options. This is why you should always read our bookmaker reviews to see what each betting site has to offer. We’d expect to see hundreds of bets on all of the world’s biggest sports like football, basketball, tennis and so on. There should be lots of cool casino games too. All of which should give you plenty of options for putting your payment provider to good use.
User-friendly betting platform: You aren’t going to get too far on your betting journey unless the bookmaker has taken the time to ensure that its website is as easy as possible to use. Ideally you should be able to quickly load up the bookie’s site, log into your account, head to the cashier section and make a payment. You should be given a broad range of deposit options and it should feature a clear and intuitive way to decide how much money you want to add to your account. We also like those bookies who take good care of their mobile customers. This should mean that you can download the bookmaker’s app to your iOS or Android device and be able to make deposits and withdrawals just as you would on the sports betting website. All of which should give you easy ways to fund your bets on the go.
Customer support: So what happens when your deposit doesn’t go through, or you’ve been waiting for weeks for your withdrawal to land in your account? This is when you’d hope that your choice of bookmaker has a professional and efficient customer service team. Most betting complaints tend to be focused on bookmakers who are slow or unable to fulfil withdrawal requests. So we’ll help you find those bookies who have friendly and competent customer support that you can reach at any time of the day or night. After all, you never know when you might need some help on your betting adventure.
Online safety: It’s essential that you feel confident in how the bookmaker handles your online payments. The first thing that you should check for is to see that the betting site is fully licensed and regulated by one of the relevant online gambling authorities. We’d also recommend that you check how the bookie aims to keep your financial transactions secure. This means seeing whether there is any SSL-level encryption technology in place to keep your payments in safe hands. Plus we like to see evidence that the payment methods used by a bookmaker are all PCI-DSS compliant. All of which should show that the bookie is capable of looking after your real money deposits.
Get your online betting payment methods ready!
We’ve given you everything you need to know about making deposits and withdrawals from all of the bookmakers you’re likely to see on your travels. You’ll realise that different bookies feature different payment methods. Each of which have their own pros and cons in regard to things like processing times, limits and fees.
With our guide, you’ll be perfectly placed to find a payment method that suits your needs, and we’ve pointed out some great bookmakers to use with each deposit option. So be sure to check out our guide to the best sports betting strategies, make your payments and get ready to start your sports betting vacation.
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Betting deposit methods FAQ
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