My foray into the world of sports betting was as a punter, primarily following the ups and downs (well, mostly downs…) of my local team as they battled against the ever-present threat of relegation. Over time, I began to become more and more interested in the ins and outs of various strategies and became adept at spotting a good operator.
My day job was, at the time, writing and editing for a local newspaper, so turning my professional skills to my interest in sports betting followed naturally. I started writing about sports betting as a hobby initially with my own blog, analysing odds and providing betting tips where I thought I could find value. Eventually, I was headhunted to write the same content for a betting firm, which resulted in me leaving my local paper job behind and turning my professional interests solely to sports betting writing by 2017. Since then, I have been proud of the body of work I have been able to produce.
Using my interest in all aspects of the sports and gambling world to guide me, I now write for Betting.net, compiling operator reviews, bonus reviews, and sharing the tips and tricks across our various sports betting guides. When I’m not at my keyboard, I am an avid rock climber, with an ultimate goal of eventually ascending the Seven Peaks — if I can fit it in between penning the latest bookmaker review, that is!
Paysafecard has been around since early 2001 and has rapidly expanded across the globe since then. It is exceptionally simple to make online payments with a Paysafecard which is why people have taken to it so quickly.
The fact that you don’t need to go through any verification requirements or lining to your bank accounts only serves to make Paysafecard even better. You won’t even need to pay any transaction fees for your online deposits. We genuinely love this payment service and we think you will too. Why not try it on your next betting journey?
To get started with some Paysafecard betting sites, you will need to know how to make a payment using this service. It’s pretty straightforward which is the beauty of a Paysafecard in the first place. Take a look at our step by step guide on how to make a payment using a Paysafecard.
Step 1: Firstly, pick one of the Paysafe betting sites that tickles your fancy and locate their create account button.
Step 2: Next up, you will need to find yourself a Paysafecard retailer. Or, if you have yet to create a Paysafecard account get that started first. It’s quick and easy to set up your Paysafecard account. From there choose the Paysafecard voucher you would like to purchase. They come in all kinds of denominations up to 100 so you’ll have plenty of options.
Step 3: Once you are all set up, all you need to do is select Paysafecard as one of the payment methods on the Paysafecard bookmaker that you are using. Enter your 16-digit Paysafecard pin, add the amount you would like to deposit and you are all set.
Step 4: Paysafecard deposits are always instant so your deposit should show up immediately in your account. However, depending on the Paysafecard that you have you may not be able to withdraw from your betting site account with this method.
Paysafecards are easy to set up and even easier to use when making your deposits with the best Paysafecard betting sites. There’s a reason so many people use this payment service for their gambling transactions and the rest of our review will explain why.
Average time of Paysafecard for deposits and payouts
The average processing time of your Paysafecard is instantaneous when you are making deposits into your betting account. This is where this payment method shines, in its speed of execution. You will need to head out to your local shops to get a Paysafecard voucher PIN but aside from that it really takes no time at all to make your payments on the best Paysafecard betting sites.
From what we can gather you still can’t withdraw using a Paysafecard on any of the Paysafecard betting sites. This is a little disappointing but if you are like most punters then chances are you have another account with a different payment method. Most payment methods will take 3-5 business days to clear your deposit but if you are using a bank transfer it can take upwards of 5 business days.
Paysafecard verification requirements
Another fantastic aspect of the Paysafecard payment service is that you don’t need to go through any tedious verification processes. This is because Paysafecard betting sites treat the payment method like a gift card of sorts. This means you won’t need to verify your details or anything like that. You can just get straight to your Paysafecard sportsbook betting.
While skipping all of the painstaking verification requirements is a big win, you will still lack the ability to make withdrawals with your Paysafecard. So, in light of this, we recommend that you check out our reviews for Apple Pay bookmakers or a few debit card betting sites as well. With these two options, you will find solid alternatives for making your withdrawals from your Paysafecard betting sites. Remember, this doesn’t mean that you should shy away from using a Paysafecard but merely that you should couple it with another solid payment service to make your withdrawals with.
The history of Paysafecard
The history of Paysafecard can be traced back to its inception in 2001 where four friends launched the payment service in Germany and Austria. From there, the payment service grew steadily in popularity as it provided users with a way to make online payment without having to tie the method to one of their bank accounts. The idea was to make online payment easy, by purchasing a Paysafecard card all you had to do was decide on the amount you wanted to buy, enter your 16-digit pin and then get cracking with your Paysafecard sportsbook betting.
Paysafecard has been through a couple of acquisitions by Skrill and then later Skrill by Optimal Payments but in the midst of all these changes, Paysafecard has remained a quick and easy way for users to make swift online payments without any hassle. Paysafecard has continued to expand across Europe, South America and North America. It’s only a matter of time before it is touching all corners of the globe.
It’s still a fairly young payment method in the grand scheme of things but if the last 20 years are anything to go on then we have high hopes for the continued success of Paysafecard. Check out our review for some Neteller betting sites to see how the two payments services compare in how they came to be what they are today.
Paysafecard to other providers compared
It’s fairly easy to see what the big draw of a Paysafecard is versus other payment services. A Paysafecard shines in that it is easy to acquire and even easier to use. Furthermore, it doesn’t require any verification checks to use. All you need to do is pick up your Paysafecard at your nearest shop, choose the amount you would like on the card and away you go on Paysafecard sportsbook betting. It’s the simplicity of it all that people enjoy. Honestly, the most effort you need to put in is simply registering an account on the Paysafecard website which will probably take you five minutes at most.
Where Paysafecard falls short versus its other payment service competitors is the fact that you can’t make withdrawals with the card from any Paysafecard betting sites. This is a little bit of a letdown but in relation to how quickly you can make deposits online, we feel like it all balances out in the end. As we said earlier, chances are that you have another payment service that you already use so you can pair the two quite nicely to complement each other.
Most popular payment methods – What are the best payment methods to use?
Finding the best online betting payment methods that suit you can be tricky. You may have one that you use for your everyday purchases but you may not be sure about its uses for online bettings sites. As we have pointed out, Paysafecard is a great way for you to kickstart your online betting endeavours but you may be after something else.
At Betting.net we know how tough it can be to find that perfect payment service that is going to suit your needs which is why we review and compare all the available payment methods on the best betting sites around. You can take a look at our site and use our comparison tool to help you find the payment service that is going to tick off all the boxes for you personally. We cut out the hours you may have spent doing the research on these services so that you can get straight to enjoying your betting.
Be sure to check out our site regularly as we are always updating our reviews and rankings with the latest payment methods.
We thought we should give you some answers to the most commonly asked questions about Paysafecard. Here is a list of the most frequently asked questions that you should keep in mind before buying your first Paysafecard:
Are Paysafecard betting sites safe to use?
This will generally depend on the betting site itself. Paysafecard as a payment method is more than safe to use. In particular, because it is in no way linked to one of your other active bank accounts. It is simply a card with a finite amount of cash on it that you can spend at your leisure. However, in terms of the bookmakers that accept Paysafecard we recommend checking out our reviews to see for sure how safe they are to use. We go through the operator’s security protocols and the legitimacy of their gambling licenses to make sure they are fit for you to use.
Is there more than one type of Paysafecard?
Yes! The card itself may be one card but you can purchase Paysafecards with different values. The denominations of the card can vary all the way to a single transaction limit of €1,000. There are plenty of different options for you to choose from so you shouldn’t feel too limited in this regard.
Can I make a Paysafecard withdrawal on any betting sites?
Unfortunately, no. It won’t really matter which of the Paysafecard betting sites you use as you won’t be able to withdraw straight from your casino or sportsbook account using a Paysafecard. You can make withdrawals from your card at an ATM but as far as withdrawing funds from your casino account goes, you won’t be able to do that. Hopefully this will change at some point in the future but for now that is the reality which is why we recommend using one other payment service to complement your Paysafecard.
Are there any Paysafecard transaction fees?
There are effectively no Paysafecard fees that you will need to pay when making deposits or withdrawals. However, your betting site may charge fees of their own for processing your withdrawals so keep an eye out for that. You may also need to pay a conversion fee down the line depending on whether you change from the currency that you started with.
Can I pay with multiple Paysafecards?
Yes, you absolutely can. Should you feel the need to use 2 or 3 different Paysafecards that still have funds on them for one transaction you are well within your rights to do so. All you need to do is enter each of the card’s PINs open after the other to make a combined transaction for all two or three of them. The most you can use at one time is 3. Its a great to make use of the last bit of funds you may have on a few cards and put them in one transaction.
Conclusion – Great ways to use Paysafecard for betting
That brings us to the end of our Paysafecard betting sites review. You should have a firm grasp on how to go about making a payment with a Paysafecard now. Although that is the beauty of this payment service, it really is so easy to make your deposits with the best Paysafecard betting sites. While it’s a bit disappointing that you can’t make withdrawals with this payment service on online casinos and sportsbooks we find that overall it shouldn’t cause you too many issues. This is mainly because your average casino or sports punter has more than payment service that they use.
If this is maybe not the case for you then you may want to use a payment service that lets you make deposits and withdrawals. If so then we highly recommend checking out our review for the best Pay by Mobile betting sites for your betting adventures.
When it comes to any payment service out there, users want to know first and foremost whether or not that payment method is safe to use. At Betting.net we understand this concern which is why our reviews take the time to analyze the overall security of these payment methods. We give you the breakdown on the overall security, licensing and general efficiency of these payment services so that you know exactly what they are about before you actually use them.
✌Is there more than one type of Paysafecard?
Just like you can get a credit or debit card, users want to know if there is more than one type of Paysafecard available to purchase. Our review of the payment service goes deeper, as we give you all the information on what types of Paysafecard are available for you to purchase. You’ll know exactly what is available to you by the time you finish reading our review.
💲What is the maximum amount I can deposit from a Paysafecard?
There are certain limitations on every kind of payment service out there. Whether that be the maximum withdrawals or the maximum deposit allowed. Our review of Paysafecard will give you a breakdown on what some of these limitations might be with particular attention given to what the maximum amount you can deposit is. It may vary depending on the type of Paysafecard you have so we are sure to make this very clear with our review.
❓Are there any transaction fees when using a Paysafecard?
Nobody likes transaction fees when they are making deposits and withdrawals with their favourite bettings sites. However, when it comes to online gambling they appear to be part and parcel of the game. You can check out our reviews of what operators charge transaction fees. As far as Paysafecard goes we give you all the information on what kind of transaction fees you might need to pay when using this payment service for your online gambling needs.
👀How do I find the best Paysafecard betting sites?
With so many different betting sites out there at the moment, it can be tricky to try and locate the one that you are going to enjoy the most. This is especially true if you are looking for Paysafecard betting sites in particular. That is why at Betting.net we do all the research for you so that you don’t have to. You’ll know exactly where to find the best Paysafecard betting sites after checking out our site.