Payment Methods for online betting

Learn about the payment methods offered by betting sites

Payment methods at betting sites

When it comes to deciding on a bookmaker to join, there are of course many factors to consider, including the range of markets available and for many, the welcome bonus too. However, one factor to consider that may not be so obvious is the available payment options.

Bookmakers have started to embrace a wide range of payment methods and with so many to choose from, it can be a difficult decision to make, especially with the security of personal data to consider, as well as ease of use.

Below, we list the various payment options available in the UK, the pros and cons, plus our recommended bookmaker for each method.

Payment methods for online betting: Overview

Payment Methods

✅VISA / MASTERCARD

VISA/Mastercard is the defacto payment method for the majority of online betting sites, with players able to deposit and withdraw funds from their betting account with ease and usually with immediate effect.

Check out our full Visa / Mastercard bookmakers guide for more information.

✅Qualifies for deposit bonus?
Instant deposit time
✅Withdrawals allowed?
Up To 24-hour withdrawal time

PROS ✅

Instant deposits
You can claim the welcome offer
Fast withdrawals

CONS ❌

Have to share card details

Recommended VISA / Mastercard bookmaker

Join Rhino Bet here

Bet £10 Get £10 Free Bet

✅Rhino Bet is our No#1 ranked bookmaker here at BookiesBonuses and comes highly recommended.

Claim £5 offer

Rhino Bet review

UK/Ireland only. 18+. T&C's apply. his promotion is for new customers only. Sign Up using the promo code ‘march10', deposit and bet £10 in minimum odds of evens (2.0) and receive a £10 free bet upon bet settlement. Only customers signing up through a recognized affiliate partner will be eligible for this promotion. The promotional period begins 00:00 01/03/24 and is an ongoing promotion.. Qualifying bets must be placed in the promotional period. Cashed Out or void bets do not qualify.

✅PAYPAL

PayPal is the most famous e-wallet around, processing 170 million transactions each year. Funds are added to PayPal before being deposited at bookmakers, which means players can be safe that their financial details are secure

Check out our full PayPal bookmakers guide for more information.

✅Qualifies for just a single deposit bonus
Instant deposit time
✅Withdrawals allowed?
Up To 24-hour withdrawal time

PROS ✅

More secure than regular debit/bank cards
Only PayPal information is shared
Quick depositing methods

CONS ❌

Very few bookmakers let PayPal users claim welcome bonuses
Withdrawing funds can take longer
Some processing fees can apply

Recommended PayPal Bookmaker

Join bet365 with PayPal

Bet £10 Get £30 in Free Bets

✅bet365 is the only bookmaker to allow PayPal users to claim the welcome bonus

Claim £30 offer

Bet365 review

Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Registration required. T&Cs, time limits and exclusions apply.

✅APPLE PAY

Apple Pay is a secure payment option for users with iOS devices. It acts as an e-wallet and keeps personal and banking data away from the bookmaker, acting as a go-between.

Check out our full Apple Pay bookmakers guide for more information.

✅Qualifies for two deposit bonuses
Instant deposit time
❌Withdrawals allowed?

PROS ✅

Instant deposits
Personal information is not shared with bookmakers
Simple to use

CONS ❌

Most bookies do not allow withdrawals
Many sign-up bonuses are unavailable

Recommended Apple Pay bookmaker

Join Sky Bet with Apple Pay

£30 in Free Bets When You Place Any Bet

✅Sky Bet is one of just two bookmakers that allow Apple Pay users to claim the welcome bonus

Claim £30 offer

Sky Bet review

NEW CUSTOMERS ONLY. FIRST SINGLE & E/W BET ONLY. 5P MINIMUM STAKE. ODDS OF 1/1 OR GREATER. 3 X £10 BET TOKENS. FREE BET STAKES NOT INCLUDED IN RETURNS. FREE BETS EXCLUDE VIRTUALS. FREE BETS ARE NON-WITHDRAWABLE. FREE BETS EXPIRE AFTER 30 DAYS. ELIGIBILITY RESTRICTIONS AND FURTHER T&CS APPLY. 18+. GAMBLEAWARE.ORG

✅NETELLER

Neteller is one of the most famous e-wallets and thanks to long-established relationships with bookmakers, this payment method is widely available for both deposits and withdrawals, thus becoming quite popular with online gamblers.

Check out our full Neteller bookmakers guide for more information.

❌Qualifies for deposit bonus?
1-4 hour deposit time
✅Withdrawals allowed?
Up To 24-hour withdrawal time

PROS ✅

Instant deposits
No need to share bank details with bookmakers
Fast withdrawals

CONS ❌

Fees for adding funds to Neteller
Normally, not a valid payment method for sign-up offers/bonuses

Recommended Neteller bookmaker

Join William Hill here

Bet £10 Get £30 in Free Bets

⛔Neteller is ineligible for deposit bonuses across all bookmaker platforms. To claim the bonus, another payment method is required.

Claim £30 offer

William Hill review

18+. Play Safe. From 00:01 on 13.04.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook. Further terms apply. #ad

✅SKRILL

Skrill is another e-wallet that is popular for its security and speed. It is owned by Paysafe, which also owns Neteller too. Skrill is not linked to a bank account and due to its third-party position, deposits and withdrawals are usually processed faster than banks!

Check out our full Skrill bookmakers guide for more information.

❌Qualifies for deposit bonus?
Instant deposit time
✅Withdrawals allowed
Up To 24-hour withdrawal time

PROS ✅

Instant deposits
No need to share bank details with the bookmaker
Fast withdrawals

CONS ❌

Skrill payments do not qualify for any welcome bonus
Redeposit bonuses are also invalidated when using Skrill

Recommended Skrill bookmaker

Join BetVictor here

Bet £10 Get £40 in Free Bets

⛔Skrill is ineligible for deposit bonuses across all bookmaker platforms. To claim this bonus, another payment method is required.

Claim £40 offer

BetVictor review

18+ New customers only. Opt in, bet £10  on any football market at minimum 1/1 odds. No cash out. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. Debit Card/Apple payments only T&Cs apply. gambleaware.org | Please gamble responsibly

✅PAYSAFECARD

Paysafecard provides users with the ability to exchange cash for digital PINS which in turn can be deposited at online bookmakers, without the need for banking or personal details to be used.

Check out our full Paysafecard bookmakers guide for more information.

❌Qualifies for deposit bonus?
Instant deposit time
✅Withdrawals allowed? (With My Paysafecard account)
Up To 24-hour withdrawal time

PROS ✅

Instant deposits
No need to share bank details with the bookmaker
Impossible to go over available funds

CONS ❌

Not able to take advantage of sign-up offers
Can only withdraw to Paysafecard, if registered a My Paysafecard account
Many bookmakers do not take the Paysafecard method.

Join BetUK here

Bet £10 Get £30 in Free Bets

⛔Paysafecard is ineligible for deposit bonuses across all bookmaker platforms. To claim this bonus, another payment method is required.

Claim £30 offer

BetUK review

New cust only. 7 days to opt in by placing a £10 qualifying bet at 4/5 (1.8) odds or greater to receive 3x Free Bets: 1 x £10 Football Free Bet, 2 x £10 Free Bet Builder. 7 day expiry. Exclusions apply. Stake not returned. T&Cs apply. 18+ GambleAware.org. Acca Club: T&Cs Apply. Promo runs Mon 09:00 to Sun 23:59. Opt-in required. 50% profit boost on 7+ Acca selections. Max stake £20. Max winnings £1,000. Up to 5 boosts per customer per week. Exclusions apply.18+ GambleAware.org

✅TRUSTLY

Trustly is a secure wallet that lets users deposit and withdraw without the need for bank details. Trustly is used by over 2 million users a month and is functional with most betting sites, with many now starting to offer welcome bonuses via this method too.

A full Trustly bookmakers guide will be available soon.

✅Qualifies for a few deposit bonuses?
Instant deposit time
✅Withdrawals allowed?

PROS ✅

Quick and widely available
No banking details shared with bookies
Safe and secure
No Fees

CONS ❌

Many bookies don't accept it for bonuses
Trustly terms are not always clear on betting sites

Join Luckster with Trustly

Bet £10 Get £10 Free Bet

✅Luckster is one of a select group of bookmakers that allows Trustly depositors to take advantage of their sign-up welcome bonus.

Claim £10 offer

Luckster review

This offer is for new customers only and is available once per household. Max. FreeBet amount: £10 Minimum Deposit and wagering on sport to activate the Free Bet is: £10 Void/cancelled or cashed out bets do not count towards wagering to activate the free bet. Offer valid only to customers making a first deposit of £10 or more. Offer only applies to players who are residents of United Kingdom and Ireland. Full T&Cs Apply

✅BOKU

Boku lets users deposit to bookmakers via their mobile phones. When depositing via phone, the amount is added to the bill or removed from available pay-as-you-go credit. It is another method that completely removes the need for banking details to be exchanged.

Check out our full Boku bookmakers guide for more information.

❌Qualifies for deposit bonus?
Instant deposit time
❌Withdrawals allowed?

PROS ✅

Quick and easy
No need to make an account
Safe and secure
Buy now, pay later

CONS ❌

May need to use Neteller
No withdrawals to Boku

Join BoyleSports with Boku

Bet £10 Get £20 in Free Bets + £10 Casino Bonus

✅BoyleSports is the only bookmaker that allows Boku depositors to take advantage of their sign-up welcome bonus.

Claim £30 offer

BoyleSports review

18+. New UK customers (Excluding NI) only. £30 in FREE Bets (FB) as £20 in sports bets & a £10 casino bonus (CB). Min Deposit £10. Min stake £10. Min odds Evs. FB applied on 1st settlement of any qualifying bet. FB 7-day expiry. 1 FB offer per customer, household & IP address only. Account & Payment restrictions. 14 days to accept £10 CB, then active for 3 days. CB 5x wagering & max redeemable £100. Game restrictions apply. Cashed out/Free Bets won’t apply. 30 days to qualify.T&Cs Apply

✅GOOGLE PAY

Google Pay offers a secure e-wallet payment method for Android devices, by linking banking information to the service. Depositing with bookmakers using Google Pay keeps banking details secure as it acts as a third party between your bank details and the bookies.

Check out our full Google Pay bookmakers guide for more information.

✅Qualifies for a single deposit bonus
Instant deposit time
❌Withdrawals allowed

PROS ✅

Instant deposits
You don’t have to share your card details
Very simple to use

CONS ❌

Not yet possible to withdraw with Google Pay
Most sign-up bonus offers, do not work with Google Pay

Recommended Google Pay bookmaker

Join bet365 with Google Pay

Bet £10 Get £30 in Free Bets

✅bet365 is the only bookmaker that allows Google Pay users to claim the welcome bonus.

Claim £30 offer

Bet365 review

Other Payment Methods

Outside of the main list above, there are plenty of other payment methods out there, albeit not quite as popular with users of online betting sites.

Check out further options below, but bear in mind that bookmakers are less inclined to offer these methods as an option and do not qualify for welcome bonuses.

ecoPayz

Growing in popularity among online bookmakers, ecoPayz is a similar e-wallet to PayPal, with your banking details linked to the payment method and ecoPayz acting as a third party between you and the bookmaker.

PROS✅

Instant payments
No banking data shared with bookmakers

CONS⛔

Very few bookmakers currently use ecoPayz at this moment
Does not qualify for welcome bonuses

Klarna (previously known as Sofort)

Klarna is more known for shopping than betting, but its financial services also allow players to deposit into their bookmaker accounts via Klarna instant banking. Even better. is that because Klarna is not an e-wallet, there are no fees for payments or withdrawals.

PROS✅

Quick payments
Becoming more popular with bookmakers
Runs via VISA and is eligible for deposit bonuses

CONS⛔

Withdrawals can take longer than the norm
Customer service is poor

Wire Transfer

Quite literally the oldest way of transferring money from a bank account. Many bookmakers have removed the option from their payment lists, but still allow this if contacted directly, although minimum deposit amounts tend to be higher.

PROS✅

Payments are direct from your bank account (no middle man)

CONS⛔

Bookmakers starting to phase this option out
Minimum deposit and withdrawal amounts are higher
Processing can take between 1-5 days

PayForIt

Second only to Boku in the mobile payments arena. Like Boku, any funds deposited into your bookmaker account are added to the bill of the registered mobile phone. The lack of banking details makes this a secure option, although it isn't as popular at online bookies, as its rival.

PROS✅

Instant payments
No banking data shared with bookmakers
Can pay at a later date (Added to phone bill)

CONS⛔

Very few bookmakers use PayForIt
Does not qualify for welcome bonuses
Not ideal for those looking to control spending

FAQ - Betting Sites Payment Methods

What is the best bookmaker payment method?

There isn't really a right or wrong answer when it comes to which payment method is the best, as many players will have differing reasons for choosing that particular method.

However, here is a quick list to help you decide.

Best for Welcome Bonuses: VISA/Mastercard

Best for Security: Apple Pay

Best for Quick Deposits/Withdrawals: PayPal

Best for Anonymity: Paysafecard

Why are credit cards not listed?

Since government legislation changes, credit cards have been banned from use on online gambling sites in the UK since April 2020.

What is the difference between using VISA/Mastercard and e-wallets?

The fundamental difference between using debit/bank cards such as VISA/Mastercard and e-wallets is that in general, using a VISA/Mastercard will guarantee the player the option to make a qualifying deposit and claim a welcome bonus offered.

As it stands the majority of e-wallet options are ineligible to claim deposit bonuses, due to the nature of how they are funded.

Some e-wallets such as Apple Pay, Google and PayPal are directly linked to a user's bank account, meaning that some bookmakers are beginning to allow this as an option, thanks to stronger verification methods that those payment methods incorporate.

Are these payment methods safe?

Yes, all of the above-mentioned payment methods are secure and safe. All financial institutions are regulated by the Financial Conduct Authority (FCA) in the UK, while all registered bookmakers have to adhere to UK Gambling Commission rules on funding and verification to protect users.

Users can also help improve their own security, by making sure that any device used is secure and has up to date protection.

Latest Promotions

Best Betting Bonuses

18+ | www.gambleaware.org | Please Gamble Responsibly | Commercial Content | T&Cs Apply

Bet365
Bet £10 Get £30 in Free Bets
Claim
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Registration required. T&Cs, time limits and exclusions apply.
Kwiff
Bet £10 Get £30 in Free Bets
Claim
Qualifying bet of £10 at min. odds 2.0 within 5 days of registration, E/W excluded. Get 3 x Free Bets: 1 x £10 Football, 1 x £10 Racing, 1 x £10 Acca (Min 4 selections). 7-day expiry. New selected customers & 18+ only. Min. deposit of £10. Full T&Cs apply GambleAware.org
BoyleSports
Bet £10 Get £20 in Free Bets
+ £10 Casino Bonus
Claim
18+. New UK customers (Excluding NI) only. £30 in FREE Bets (FB) as £20 in sports bets & a £10 casino bonus (CB). Min Deposit £10. Min stake £10. Min odds Evs. FB applied on 1st settlement of any qualifying bet. FB 7-day expiry. 1 FB offer per customer, household & IP address only. Account & Payment restrictions. 14 days to accept £10 CB, then active for 3 days. CB 5x wagering & max redeemable £100. Game restrictions apply. Cashed out/Free Bets won’t apply. 30 days to qualify.T&Cs Apply
Betfred
Bet £10 Get £50 in Free Bets
Claim
New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.
Betway
£30 Matched Free Bet
Plus 100 Spins
Claim
New UK customers only. Min Stake: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. 100 Free Spins on Gold Blitz (£0.10 per spin) credited on settlement of qualifying Acca bet. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. 18+ GambleAware.org. Bet the Responsible Way. Full terms apply.
LiveScore Bet
Bet £10 Get £30 in Free Bets
Claim
*New members only. £10+ bet on sportsbook (ex. virtuals) at 1.5 min odds, settled within 14 days. Free Bets: accept in 7 days, valid 7 days on sportsbook only. 2x£5 Free Bets for Bet Builder only. Stake not returned. T&Cs + deposit exclusions apply. GambleAware.org 18+ Bet Responsibly. Gambleaware.org 18+
Betrino
Bet £25 Get £50 Free Bet
Claim
New Players Only. Min £25 qualifying bets, stake not returned. Free bet - one-time stake of £50, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from receipt. Limited to 1 sport & 5 casino brand/s within the network. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms apply.
Virgin Bet
Bet £10 Get £20 in Free Bets
Claim
New members only. £10 min deposit & bet on sportsbook (ex. virtuals), placed & settled at 1.5 min odds in 14 days of sign-up. Win part of E/W bets. Free Bets: accept in 7 days, valid 7 days, use on sportsbook only (ex. virtuals), stakes not returned. T&Cs and deposit exclusions apply. Bet Responsibly. GambleAware.org. 18+
Rhino Bet
Bet £10 Get £10 Free Bet
Claim
UK/Ireland only. 18+. T&C's apply. his promotion is for new customers only. Sign Up using the promo code ‘march10', deposit and bet £10 in minimum odds of evens (2.0) and receive a £10 free bet upon bet settlement. Only customers signing up through a recognized affiliate partner will be eligible for this promotion. The promotional period begins 00:00 01/03/24 and is an ongoing promotion.. Qualifying bets must be placed in the promotional period. Cashed Out or void bets do not qualify.
Midnite
Bet £10 Get £20
Plus 50 Free Spins
Claim
18+ New UK customers. Bet £10 on accas with 4+ legs, min odds 3/1 (4.0). Get 4x £5 Free Bets and 50 Free Spins, valid for 7 days on selected bets and games only. T&Cs apply. GambleAware.org
Parimatch
Bet £10 on Racing
Get £35 In Free Race Bets
Claim
18+ New customers only. Opt in and bet £10 on Horse Racing (odds 3.00+) within 7 days of registration. Get 7x5 Free Bets for Horse Racing (odds 3.00+), which expire 48 after accreditation. T&Cs Apply gambleaware.org | Please gamble responsibly
NetBet
Bet £10 On Bet Builder
Get £20 in Free Bets
Claim
Min Odds 3/1 (4.00) Min 3 Selections. Free Bets will be split into 2 x £10 Free Bet. 2 x £10 Free Bets to be used on any Bet Builder. T&Cs apply.
BetTarget
Bet £15 Get £10 Free Bet
Claim
18+. New customers only. Min wagering on sport £15. Max one £10 free bet. Qualifying bets must be placed at odds of 1/1 or greater. Paid as bonus token with min 4/5 odds req. PayPal, Neteller, Paysafe or Skrill not eligible. Bet expires after 14 days of being credited. Gambling can be addictive. Please play responsibly, www.gambleaware.org. T&C's apply.
Spreadex
Bet £10 Get £40 in Bet Bonuses
Claim
Place a £10 fixed odds bet at minimum odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. Once the bet is settled, get a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 racing Winning Favourites spread bet and a £1 racing Race Index spread bet. T&Cs apply. 18+ gambleaware.org
NRG
Bet £20 Get £10 Free Bet
Claim
UK Only, 18+, Sign Up using the Promo Code b20g10 and make a minimum deposit of £20. Then place a minimum £20 bet with minimum odds of Evens (2.00) and receive a £10 free bet upon bet settlement. T&Cs apply
Sky Bet
£30 in Free Bets
When You Place Any Bet
Claim
NEW CUSTOMERS ONLY. FIRST SINGLE & E/W BET ONLY. 5P MINIMUM STAKE. ODDS OF 1/1 OR GREATER. 3 X £10 BET TOKENS. FREE BET STAKES NOT INCLUDED IN RETURNS. FREE BETS EXCLUDE VIRTUALS. FREE BETS ARE NON-WITHDRAWABLE. FREE BETS EXPIRE AFTER 30 DAYS. ELIGIBILITY RESTRICTIONS AND FURTHER T&CS APPLY. 18+. GAMBLEAWARE.ORG
Ladbrokes
Bet £5 Get £25 in Free Bets
Claim
18+ New UK+ROI Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 5x £5 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.
Unibet
Bet £10 on Sports
Get £40 In Bet Bonuses
Claim
18+. BeGambleAware.org. New GB customers only. Min £10 debit card deposit. Place a £10+ bet at Evens (2.0)+ on Sports within 7 days. Opt in for £20 in free bets and £20 Casino Bonus. Valid for 7 days. Geographical restrictions and T&C’s apply.
Bzeebet
Bet £10 Get £10 Free Bet
Claim
18+. New Customers Only. Max one £10 Free Bet. Qualifying bets at Odds of 1/1(2.00) or greater. Paid as Bonus Token with Min 4/5(180) Odds Req. Skrill, Neteller & Paypal not eligible. GambleAware.org. T&Cs Apply
BetGrouse
Bet £15 Get £10 Free Bet
Claim
New customers only. 18+. Max one £10 free bet. Qualifying bets must be placed at odds of 171 (2.00) or greater. Paid as bonus token with 4/5 (1.80) odds. Skrill, Neteller, & PayPal not eligible. T&Cs apply.