Betting online is a huge industry, and it has been growing exponentially over the past decade. It’s not just sports betting anymore- online betting sites have taken bets on everything from poker to horse racing to reality TV shows.
One of the most important factors for online betting sites is which payment methods they accept, as this can determine how many customers they get in total. In this article, we will discuss how online payment methods work and what are some of the best options out there for online betters!
Before start placing bets
One of the most important factors is which betting sites offer the most efficient, safe, and convenient online payment methods.
- online sportsbook options (deposit & withdrawal)
- pay by phone for sports bets online
- make online payments with credit or debit cards in addition to traditional banking options like Skrill, MoneyBookers, and Neteller.
The best way to get started is simply by choosing a good online sports betting website that has all of these things. Then you will need to register using your username, password, email address, etc., deposit funds into your online sportsbook account, and then place some bets.
How do I pay my bets?
There are two main online payment methods for online betting sites:
- Credit cards,
There are other options out there, but these are the most popular ones, as they’re easy to use and both parties have access to them.
Online sports betting with Credit cards like Visa, MasterCard, Maestro is also becoming more popular because it offers faster processing times for deposits and withdrawals compared to other online payment methods such as bank transfers or cheques which can take up to 14 business days in some cases!
☘ The good news about using Credit cards online is that many bookies offer lucrative welcome bonuses when users place their first deposit with them, however, there may be restrictions on how much players can bet with bonus funds before they need to bet a playthrough amount of x times (x value determined by online sportsbook).
Sometimes these playthrough requirements vary depending on the type of bets placed – e.g. perhaps games involving underdog teams have lower playthroughs than favorites, so online sportsbooks will limit the risk of losing players money on certain bets.
Many people who bet on sports prefer using their Debit card over their Credit card because it offers more protection against theft or unauthorized payments from your account If you lose money due to fraud or hacking issues with online bookmakers, then you can contact your bank or card issuer for a refund. Your online betting payment method should be completely secure and reliable if you’re going to use it online.
Skrill, Neteller, or EcoPayz are suitable choices for someone who takes a modest amount with a low-risk tolerance since they have inexpensive deposits/withdrawals and can move money quickly when compared to alternatives such as Western Union or MoneyGram.
PayPal is a great online betting payment method for people who stake large amounts, but PayPal online sportsbooks typically have higher-than-average fees.
Customers should avoid using PayNearMe or an in-person cash transfer because they are slow to receive and withdraw money from bookmakers. Other online betting payment methods such as Vanilla Visa cards, Cashier’s Check/Money Orders, Bank Wire Transfers could also be viable options depending on the type of bettor and their needs.
Top 13 best betting sites. Where can I bet on sports for money?
The following are some of the online betting sites that accept a variety of payment options:
- Parimatch accepts Visa and MasterCard online deposits, as well as e-wallets such as Skrill and Neteller. Betting with Parimatch is also available on mobile.
- Paddy Power offers its customers a choice between multiple payment options that include debit or credit card transactions as well as eWallet solutions such as PaySafeCard, EcoPayz, NETELLER, etc., which are all available to use online 24 hours a day/seven days per week. Paddypower also has an app for both Apple iOS & Android devices for fast online sports betting action on the go!
- Betfred online sportsbook offers its customers a choice of payment methods including debit or credit card transactions as well as eWallet solutions such as NETELLER, Skrill (Moneybookers), Paypal, etc., which are all available to use online 24 hours a day/seven days per week.
- Ladbrokes online sportsbook takes online card deposits from Visa, MasterCard, and Maestro. The online casino supports a large number of e-wallets as well including Skrill, EntroPay, and Ukash.
- William Hill has an easy-to-use online sportsbook with a variety of bet types including Live Betting. They accept online betting payment options that include debit or credit cards like Visa or MasterCard, Paysafe Card, EcoCard, Perfectmoney, NETeller is an option.
- 888sport uses the latest SSL technology to keep your data secure while offering quick payouts when you win. Bookmaker allows players from several countries including Australia, Canada, Ireland, Poland, and the USA to deposit online with their Visa & MasterCard credit cards. To make transactions easier for their customers, e-wallet services such as Skrill, PayPal, etc. also can be used.
- Bet365 is not only doing this site have great odds but they also offer 24/hr tech support in case you experience any problems depositing or withdrawing money from their online betting account. Their online betting payment methods include Visa, MasterCard, UnionPay, NETeller & OFC among other options.
- Bovada is one of the safest online sportsbooks accepting US players because they are fully regulated by the Kahnawake Gaming Commission.
- Betfair allows you to bet on live sporting events through their mobile app which makes it easy for customers to watch games and place bets at any time!
- Unibet has an online sportsbook, casino, poker, bingo, and Vegas games all in one convenient location! They also offer 24/hr tech support if problems arise with your cashier account or depositing funds into your online betting account.
- BetOnline site where you can use credit cards, Skrill/Neteller, and bank wires. They accept PayPal for deposits/withdrawals as well as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH), EcoPayz, MoneyGram, Bank Draft, or Check-in USD ($) with a wide variety of currencies available to choose from. In addition, the online sportsbook offers a 50% deposit bonus of up to $2000.
- BetVictor has an efficient online payment method as MasterCard or Visa credit or debit card as well as PayPal deposits to boost your account’s balance on six types of bets. You can get welcome bonuses for new customers signing up at their site.
- Sportingbet offers online betting payment method choices between credit/debit cards like Visa, Trustly (online bank transfer), Skrill, Paysafecard, and ecoPayz.
Which online sportsbooks pay fastest?
- MyBookie is best for fast payouts of your winnings or deposits. You can use credit cards, Bitcoin, Skrill/Neteller, and bank wires. The company offers 24/7 customer support and a 100% welcome bonus of up to $1000.
- Betway offers a wide range of fast payment ways. You can use debit/credit cards, Bitcoin, Paysafecard, Sofort, Skrill/Neteller & other e-wallets to fund your account quickly. The company offers support throughout the day via live chat as well as a 100% welcome bonus of up to $300.
- Mr. Green offers many online betting payment options that are safe, convenient, low cost, highly secure. Their online sportsbook is available in 18 languages for international customers.
- Pinnacle Sports, because of its unique margin pricing model and the best online betting odds. They take Visa and MasterCard credit and debit cards online. You may send money to your account using debit or Moneybookers, which is an online bank transfer service.
- Bwin online betting company accepts VISA and other types of international debit/credit cards for their customers making deposits on bets safely with fast transactions. You can use several other reliable global money options including PayPal ad Nettler too at Bwin Sports.
However, keep in mind that some types of bets like parlays and teasers aren’t allowed by online sportsbooks based outside of North America so there may not always be compatible online betting payment options for those sorts of bets which is why online sportsbooks in Canada are a great option for bettors who want to place exotic bets.
You should always check if a site accepts your preferred payment method and type of bets before signing up with an online bookmaker you like.