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Betting sites with the best payment methods
Betway: Top international choice
£30 Matched Free Bet
+ 50 Bonus Spins
Betway is an international bookmaker with a lot of options for deposits and withdrawals. In the UK, you can use a range of cards and eWallets, and in terms of the total options for all countries, there are not many bookies that beat Betway.
Betfair: Top UK choice
Money Back as Cash up to £20
Betfair is a great option, no matter which payment option you prefer. All the classic methods are available, and also modern e-wallets such as Skrill and Neteller, plus prepaid cards like Paysafecard. The quickest option is perhaps Apple Pay, which you can do from your iOS device.
Card payments
There was a big update regarding payments for online betting in April of 2020, when the United Kingdom imposed a ban on credit card deposits at online betting sites. The reason being that a lot of problem gamblers were using credit cards to fund their betting account.
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However, debit cards are still valid payment methods and remain the most popular way of funding online betting accounts.
There are several reasons for this, but the most obvious is that next to all people have a debit card.
Pros and cons of debit card payments
There are several good reasons for why debit cards is the most widely used payment method for online betting.
Pros
- Deposits are instant
- Eligible for sign up offers
- Easy to withdraw money
Cons
- Punters have to share their card details with the bookmaker
Instant Withdrawal Betting Sites
You can get immediate access to your winnings on some betting sites, while various other bookies are also offering new and improved fast payouts. Read more
Betting sites that accept VISA/Mastercard
Deposits and withdrawals with debit cards, such as VISA or Mastercard, is the most popular payment method for online betting. There are many reasons for it, as you will learn in ... Read more
E-Wallets
The most options punters will find when it comes to payment methods, lies with e-wallets. The most well-known option is Paypal, but there are also betting-geared options such as Skrill or Neteller, as well as big brand options such as Apple Pay or Google Pay.
The general advantage of e-wallets is that they gather all your funds in one place, as an online version of your physical wallet. Instead of using your debit card for your online purchases (clothes, electronics, betting etc), and sharing card details, you only need to share your card details with the company behind the e-wallet. Logically, it is therefore more secure.
Pros and cons of e-wallet payments
E-wallets are very popular for deposits and withdrawals at online betting sites, as many consider the pros to outweigh the cons.
Pros
- Instant deposits
- No need to share bank details with bookie
- Fast and easy to withdraw funds
Cons
- Not eligible for sign up offers (in general)
Paypal for online betting
Paypal is one of the most preferred e-wallets on the betting market. The reason for it is that Paypal is a well respected, secure option and it is also possible to claim the welcome offer with Paypal deposits. At least in almost all cases. This is not the case with many other e-wallets.
- Main advantage: Considered the most secure, reliable e-wallet.
- Main disadvantage: Not the fastest deposits and withdrawals.
Read more about Paypal
Neteller for online betting
Neteller is a digital payment service that works very much like a wallet. With a Neteller e-wallet you can save and spend money online. It is a very tried and tested payment method within the online betting community.
To spend money with Neteller on betting sites, you will simply need to upload money into your e-wallet from your bank and then chose Neteller as a payment option with the betting site.
- Main advantage: Integrity, as you don't have to share bank details with bookmakers.
- Main disadvantage: Not eligible for sign up offers.
Recommended Neteller betting site
Neteller payments at Coral
Bet £5 Get a £20 free bet
There are a lot of betting sites that accept Neteller as a valid payment method. However, terms and conditions might differ a bit among them. At Coral, the minimum deposit requirement is the lowest, and in combination with withdrawals within 24 hours, they are our top choice for Neteller payments.
Read more about Neteller
Betting sites that accept Neteller
Neteller, the trusted e-money transfer service, is a ubiquitous payment method in the betting industry, and because of its fast deposits and simplicity, it is many UK punters' ... Read more
Use Boku with Neteller
Boku Betting Sites
Use Boku to top up your betting account through your mobile phone. In this article is a list of UK bookmakers you can use this payment method with. Read more
Skrill for online betting
Skrill is a similar service to Neteller in that it is an online digital wallet. You simply select what currency you will deposit with, along with some basic personal details and you will have set up your Skrill account.
Like Neteller, it is a very well trusted payment service within the betting world.
- Main advantage: Widely accepted among bookies.
- Main disadvantage: No sign up offers.
Recommended Skrill betting site
Skrill payments at Paddy Power
£25 in Free Bets
When you bet £10 on sportsbook
Paddy Power is one of the most recognized bookies in the UK. When it comes to Skrill deposits, Paddy Power also offer its customers good services with a low minimum deposit and among the fastest payout to the e-wallet.
Read more about Skrill
Betting sites that accept Skrill
Skrill is one of the industry's most trusted digital payment providers for online betting. In this article you will learn about the advantages, disadvantages of the payment ... Read more
Apple Pay for online betting
Apple Pay is a deposit option that has really exploded in the past years. Similar to other e-wallets, its simplicity, especially on the mobile device is what makes it a great option for punters looking to deposit at online betting sites.
Unfortunately, Apple Pay is only available for Apple users and does not allow for withdrawals.
- Main advantage: Probably the fastest option for payments.
- Main disadvantage: Does not support withdrawals.
Recommended Apple Pay betting site
Apple pay deposits at Betfair
Money Back as Cash up to £20
There are not that many betting sites that offer Apple Pay yet. However, among the ones that do there is really no one that stands out when it comes to minimum deposits or other factors.
However, we like Betfair as a general option, and Betfair do allow deposits with Apple Pay. Therefore, our main recommended betting site for Apple Pay deposits is Betfair.
Read more about Apple Pay
Betting sites that accept Apple Pay
Apple Pay has surfaced as possibly the most popular modern payment methods at online betting sites, and more and more operators are coming around to accept the mobile payment ... Read more
Google Pay for online betting
Google Pay is the latest payment option for Android users at online betting sites. It is very simple to use, and probably the fastest one for Android users.
- Main advantage: Probably the fastest option for payments on Android phones.
- Main disadvantage: Does not support withdrawals.
Recommended Google Pay betting site
Google Pay at Bet365
Bet £10 Get £50 in Free Bets
At the time of writing, only Bet365 offer Google Pay. In time, we are sure more bookies will follow. But seeing as Bet365 is the world's top betting site, and offer Google Pay, recommending them is a no brainer.
Read more about Google Pay
Betting sites that accept Google Pay
Google Pay is one of the easiest deposit methods for online betting if you have an android device. Similar to its counterpart Apple Pay, Google pay enables its users to do ... Read more
Bank Transfer
Bank transfers, also known as bank wires, are simply a way of sending your money from your bank to a betting company.
In theory, this is the simplest way of doing business as there is no middle-man transferring the payment for you. The bank will simply check that you have the money and send it.
Pros and cons of bank transfers
Pros
- It's simple and straightforward
- It is a secure option
- Bigger deposits and withdrawals available
Disadvantages
- Processing Time
In some countries the process of bank transfers has been very much improved because of third-party services such as Trustly. But in the UK the bank payment remain fairly slow. That is, however, the only real downside of bank transfers for online betting.
On the other hand, the main advantage with bank transfers are that they are very secure. Probably the most secure option available to UK punters.
Adding to that, if you are a punter who likes to gamble with bigger amounts, bank transfers might be your cup of tea. The maximum amounts for deposits and withdrawals are larger compared to other methods because of the security bank transfers bring.
Recommended bank transfer betting site
Paddy Power bank transfer
£25 in Free Bets
When you bet £10 on sportsbook
Paddy Power is a well-known UK bookie with several good payment options. For bank transfers, we recommend Paddy Power over other bookies because of its low minimum deposit of £5, (relatively) fast withdrawals and "faster payments service" bank transfer which makes deposits quicker than normal.
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