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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
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✅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
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✅bet365 is the only bookmaker to allow PayPal users to claim the welcome bonus
✅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
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✅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
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⛔Neteller is ineligible for deposit bonuses across all bookmaker platforms. To claim the bonus, another payment method is required.
✅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
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⛔Skrill is ineligible for deposit bonuses across all bookmaker platforms. To claim this bonus, another payment method is required.
✅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.
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⛔Paysafecard is ineligible for deposit bonuses across all bookmaker platforms. To claim this bonus, another payment method is required.
✅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
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✅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
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✅bet365 is the only bookmaker that allows Google Pay users to claim the welcome bonus.
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.
Trustly
Available since 2008, Trustly is another e-wallet that acts in the same vein as PayPal, with bank accounts linked to the payment method and payments made securely.
PROS✅
- Quick payments
- Becoming more popular with bookmakers
- Payments are guaranteed
CONS⛔
- Withdrawals can take longer than normal (3-5 days)
- Not accepted by all bookies
- ineligible for many 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.
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