Best Payment Methods for Online Betting [2024]
One of the important things to look at when it comes to choosing the best bookmaker, are the ease of payments and withdrawals and transaction options. It doesn’t matter if you already signed up, or you are looking to register on a bookmaker. You should remember the following: beside odds and bonuses offered, it’s very important to be able to withdraw your money quick and easy! Read further to find out which are the best online betting payment methods in 2023.
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You must be flexible
Bookmakers are regulated under different jurisdictions and need to follow monetary rules that apply to each country where they operate. So, you might find some bookies that impose some transaction fees on some betting payment methods. This means that a payment method might be better than another one. This is due to the fact that the betting site will not charge a withdrawal fee. It is better if you have accounts on different payment methods. In this way, you can choose freely and avoid the withdrawal fees. You can use credit and debit cards, e-wallets etc.
Popular payment methods at online betting sites
Paysafecard
 Probably the easiest and straightforward payment method. You can purchase a Paysafecard on a multitude of shops. You will receive a receipt that will contain a code with 16 numbers. Then you can enter the code on the bookmaker site. Your account will be credited with the same amount of money you paid on the paysafecard. It is perfect for any punter that doesn’t wish to use a credit card. If you use this method of deposit, you can withdraw the money you win only to your bank account.
Mastercard/Visa
Same like you can pay on a store, you can use your credit card to make transactions on your chosen bookmaker. You need to fill in information’s from your card and you can proceed with your payment. It is the fastest way of depositing and withdrawing money and usually won’t require an added fee. Never share your details like PIN code or other sensitive information. All that is needed for transaction is the CVV number and the password your are using on your betting account.
Skrill
Skrill (known as Moneybookers) is a e-wallet that can be used on almost all bookmakers in the world. It allows you for higher limits on your deposits and withdrawals. The best part is you won’t have any issue with fees when you withdraw your money. Also, you can obtain a Skrill Mastercard that can be used like a normal card to pay at a store or even to withdraw money from ATM.
Neteller
Same like Skrill, the Neteller e-wallet can also be used on every bookmaker, but it can have higher limits compared to Skrill. On some rare occasions, a bookie might charge you for using Neteller. In that case, we advise you to use a different betting payment method. Same like Skrill, you can have a Mastercard attached to your Neteller account and you can withdraw money from your account at any ATM in the world.
Paypal
PayPal is the leading online wallet and one of the safest and fastest way to move money on the internet. It is also known as one of the most popular betting payment methods. You can use PayPal like any other e-wallet to deposit money on your account. You will have no added fees and withdrawals are usually concluded within 24 hours. Bettors using PayPal will have the security provided by a respected company that protects their identity and funds.
Other related payment methods:
