Best iDebit Betting Sites for 2023 πŸ’Έ

Ever wished to make a deposit into your account with an online sportsbook without having to set up an e-wallet or battle your bank to authorise the use of your debit or credit card? IDebit is useful in this situation. Without ever having to take out a debit or credit card or create an account if you don’t want to, they let you make a deposit directly into an iDebit betting site. Without taking the extra steps, you can benefit from a middleman’s additional security and assistance. It is undoubtedly among the simplest methods available for adding money to an online sports betting account.

One of the top picks listed below is a great place to start if you want to use iDebit to make a wager right away.

4.4 / 5
TOTAL SCORE

Welcome Bonus 250% up to 1.000€ + 150 Free Spins

Play now! Play now!
Terms & conditions apply
Terms and Conditions apply!

Top iDebit Betting Websites πŸ†

We’ll go into more detail about what makes iDebit so fantastic in a moment, but for the time being we wanted to make sure you understood why we selected the sportsbooks we did. To be on any of our recommended list, a business must do much more than merely accept iDebit.

We evaluate the sportsbook as a whole before even considering the deposit choices a website provides. Are they reliable? Are they trustworthy? Do they provide a quality product? Can you wager on a variety of sports? Do they have a good reputation in the field? The user interface is it fluid? Are there any mobile sports betting options? These are only a few of the inquiries we make while determining whether an online sportsbook is worthwhile.

We check to see what deposit and banking choices the betting site has only after we’ve determined that it is one we can trust to recommend. Therefore, a betting site must first be a top sportsbook and then accept deposits via the iDebit platform in order for us to refer to it as a top iDebit betting site. No one is exempt from this.

HOW DO YOU USE IDEBIT? πŸ€”

Similar to InstaDebit, iDebit essentially acts as a middleman between your bank account and the merchant (in this case, sports betting site). You are not need to divulge your banking details to anyone when using iDebit, though. In other words, it functions similarly like Interac, with the exception that you use it online rather than in a mall or gas station.

Since you have the choice to check out as a guest, you don’t even need to create an account. You can start placing bets with your sportsbook account as soon as you send the money because payments are processed in real time.

Why use an iDebit sportsbook to place your wagers πŸ“ˆ

There are numerous advantages to betting with iDebit that a bettor may find noteworthy. The following are the most notable ones:

iDebit is often accepted by sportsbooks because it is a common form of online payment in Canada, where most sportsbooks are located. Since it has recently gained a lot of popularity, more bookmakers are allowing gamblers to utilise it as a payment method.

Under-the-radar betting activity: Being able to conceal one’s betting from local authorities is a big advantage for bettors. The iDebit app is linked to your bank account. However, there are no betting-related transactions on your bank statement.

When betting online, avoiding conversion fees is a crucial consideration. A Canadian bettor utilising iDebit won’t have to worry about this since he can fund his account in his own currency.

Instant deposits are crucial for gamblers who love taking part in live betting at sporting events. Through iDebit, deposits are completed almost instantly. Players are always able to fund their accounts through a simple and quick process.

Eligible for a welcome bonus: iDebit betting sites give you the opportunity to qualify for a welcome bonus, unlike other payment methods like Neteller or Skrill. You can typically participate in any other campaign as well.

Excellent customer service: Finding answers fast and easily is essential for every bettor. iDebit provides live chat, phone, and email customer assistance around-the-clock. You can get in touch with their customer support even if you don’t have an account and need further details.

Drawbacks of using iDebit for gambling ❗

Gambling via iDebit has several drawbacks just like any other form of payment. For instance, fees levied on deposits and a low acceptance rate by bookies may turn some bettors off.

❌ only available to domestic players: The platform used by iDebit is Instadebit. We are discussing a payment method designed for the Canadian market, and in order to maintain an account, a player must have both a social insurance number and a local bank account.

❌ Only a handful of Canadian banks back it: The fact that not all Canadian banks accept iDebit accounts is a serious drawback. However, among the institutions that work with iDebit include Bank of Montreal, Desjardins, CIBC, National Bank, PC Financial, Scotiabank, Royal Bank of Canada, and TD Canada Trust.

❌ Does not permit transfers between players: The inability of a player to transfer monies to another player is a significant additional drawback. Even if your iDebit wallet has a balance, you can only use it to pay for goods at participating retailers or to transfer money to your bank account.

❌ Only bank accounts are used to finance accounts: A bank account is always linked to an iDebit account. Therefore, a bettor is unable to fund their account with a credit/debit card, an online wallet, or a kind of cryptocurrency.

❌ No virtual or physical card: Another significant drawback is the absence of any physical or digital credit cards. There are just two ways to use your money: either send money to your bank account or use your iDebit wallet to make a payment.

When depositing funds into your bank account, fees may apply: If a player wants to withdraw money, there are expenses associated with that. More specifically, there is a $2 set cost for every transaction.

Is it legal and secure to gamble with iDebit? βœ”οΈ

How safe is iDebit? You shouldn’t look any farther if this is the question you’ve been asking yourself. More specifically, no information is shared with a third party and all iDebit transactions are encrypted. The business employs the Instadebit payment platform, which is supervised by VeriSign, an American provider of internet infrastructure and domain names. IDebit is fully legal as a form of payment because it is governed by the Canadian Payments Association (CPA). The largest Canadian banks work with iDebit, so a player won’t encounter any legal troubles as a result of his gambling activities.

Create an iDebit account πŸ“

An iDebit account can be opened quickly and easily. The steps listed below must be followed:

  1. Go to the iDebit website and select LOGIN/SIGN UP.
  2. Enter your name, email address, and postal code.
  3. Include all of your contact information, including your city, street, and S.I.N.’s final four digits.
  4. Make a password.
  5. iDebit and your bank account.

You’re prepared. Your account is prepared as a result of the previous steps you took. You can now start a deposit at the iDebit bookies of your choice.

With iDebit, signing up is optional because customers have the option of checking out as guests. On the other hand, you are welcome to open an account first before using it for sports betting. It is advisable to register because registered iDebit users get speedier checkout speeds.

The signup process is quite quick and easy to complete. You are required to carry out this. The last four digits of your social security number and some of your personal and financial information, including your name, postal code, email address, street address, and date of birth, must be entered into a brief registration form. Once your registration is complete, you can use iDebit to add money to your sports betting account. You must log in using your email address and iDebit password, but the process is the same as checking out in Guest mode. Once more, the funds will be immediately deposited to your betting account.

It is important for bettors who want to utilise iDebit as their deposit option at online bookmakers to be aware that splitting a payment between two different bank accounts for a single transaction is not permitted. The same bank account must be used to process the entire deposit.

iDebit Charges πŸ’°

The best part about choosing iDebit as a sportsbook deposit option is that there are no additional fees or hidden costs associated with using this payment method. Additionally, opening an iDebit account to register is cost-free.

Direct debits from your iDebit account balance can be used to make payments to online retailers and make deposits at online sportsbooks without incurring any fees. However, because iDebit is linked to players’ online banking accounts, their bank may impose a fee for the electronic transfer they requested through this payment method. iDebit users are often assessed a CA$1.50 fee when making payments through online banking. You won’t be assessed any fees, though, if the payment is made from the balance in your iDebit account that is now available. Users must always pay a $2 surcharge if they want to move money from their iDebit balance to their bank account.

The costs associated with paying from your bank account are typically relatively low, however they may vary from one bank to another. For this reason, it would be a good idea to speak with your banking institution before starting any iDebit payments and find out what fees might be associated with your transactions.

Your iDebit balance will be reduced by a modest fee each time a currency conversion is required. Depending on the current exchange rates, the amount will be converted.

Fees Summary

OperationTimeCost
Deposit to bookieInstantfree
Withdrawal from bookie3-5 business daysfree
Deposit with cardN/AN/A
Withdrawal to cardN/AN/A
Deposit with bank accountInstantCA$1.50
Withdrawal to bank accountUp to 5 daysCA$2

Making a Deposit to Your Sportsbook Balance πŸš€

Whatever sportsbook you choose, using iDebit to make a deposit is really simple. Simply select the iDebit option when making a deposit to be directed to the iDebit payment page. It is SSL secured, as we already explained, so your information will be completely secure.

By using iDebit, you can be assured that the sportsbook of your choosing won’t have access to your banking details. Once the transaction is complete, no one can access the information you have provided because it is concealed behind countless layers of advanced encryption.

You can also add money that is already in your iDebit account. By doing this, you can eliminate transaction costs and add an extra degree of security to prevent any third parties from accessing your banking information. But keep in mind that you can only fund your iDebit account by receiving money from a merchant account; you cannot put money into it.

Taking money out of your sportsbook balance πŸ’΅

This online payment mechanism also allows withdrawals. The money will first be added to your iDebit account, after which you can withdraw it to your bank account. To ensure that the money reaches your bank account, you must give iDebit your banking information.

Withdrawal timeframes vary significantly depending on the merchant you chooseβ€”in this case, a sportsbookβ€”and your bank. This indicates that the duration can be anywhere from a few minutes to five business days. With this procedure, withdrawals are typically handled in less than 24 hours.

You only need to visit your sportsbook account, then the withdrawal page, just as when making a deposit. After that, you can decide if iDebit is your preferred payment option. Only if you also made a deposit using this method will this be feasible. You won’t be able to utilise it to make withdrawals otherwise. You will be redirected to an iDebit page to give authentication and authorise the transaction after you have chosen it and entered the amount you desire to withdraw.

Privacy and security πŸ”’

Each and every iDebit page that asks for or contains any of your personal information is completely safe. SSL encryption is used to safeguard the entire website. Every stage of the transactions you conduct using this payment option is extremely secure. Simply verify that you are on the correct page and aren’t being tricked by a page with a similar URL.

The servers of iDebit are housed in a modern data centre with restricted access that has biometric palm scanners as well as skilled security personnel on duty around-the-clock. If anyone is still concerned about their safety, know that this is quite amazing and reassuring and that you are in good hands.

You can see that your safety depends on both you and the banking services you use. You must exercise caution while depositing money into your sportsbook account or paying a merchant, regardless of the payment method you use. Please be careful because there are many phishing schemes and a lot of skilled hackers. You can send iDebit a direct email at security@idebitpayments.com if you have any safety questions, especially about fraud.

IDebit is quite stringent when it comes to privacy. Information that could be utilised to access your bank account is not kept by the company. The data they do retain is protected in a variety of ways, both physically and electronically, and is only accessible to the barest minimum of individuals. It is also held in computers that are not connected to the internet.

Since iDebit’s privacy policy and conditions of use are fully visible on its website, you don’t need to take our word for it. This business operates with complete openness and responds to any and all user concerns. It makes it abundantly obvious that you are primarily responsible for maintaining the security of your data because the information it keeps cannot be used to commit identity theft or conduct genuine financial transactions.

iDebit in contrast to other options βš”οΈ

Interac vs. iDebit

One of the most popular options for Canadians looking to gamble online is Interac. Over 59 thousand ATMs across the nation are equipped with the payment system, which has been in use for 37 years. When betting on Interac bookies, it can be challenging to pass on features like CAD availability, player-to-player transfers, and welcome bonus eligibility. The tracking of your betting activity and the inability to fund your account with a cryptocurrency wallet are two significant negatives of using Interac for gambling, though.

Instadebit vs. iDebit

In Canada, Instadebit is a well-known online payment option. Since 2004, the business has only served the Canadian market. The primary benefits of betting with Instadebit bookmakers include being able to use Canadian dollars, being eligible for a welcome bonus, and instant deposits. On the other side, it has several important drawbacks, such as not allowing player-to-player transfers, not providing a physical or virtual card, and not working with every Canadian bank.

MuchBetter vs. iDebit

One of the best payment apps for online betting is called MuchBetter. Bookmakers at MuchBetter offer speedy and secure transactions. A player can always take advantage of a welcome bonus or other incentive. Users can also get a free Mastercard to make managing their money simpler. On the other hand, there aren’t many betting sites that accept it, and processing times for withdrawals can be lengthyβ€”up to 5 business days.

Mobile Application πŸ“±

When it comes to betting and payment processing, the majority of bettors seek more flexibility. They frequently use payment methods that have available mobile applications that can be downloaded as a result. Unfortunately, iDebit does not currently have a dedicated mobile application. However, you should hold off on abandoning this payment method just yet.

The official iDebit website is completely responsive to mobile devices. This makes it possible for users to load the page by simply typing the address into the browser on their mobile devices. All commonly used devices, including Blackberries, Windows, Android, and iOS-based smartphones and tablets, are compatible with the iDebit website.

You can still manage your payments using iDebit if you are placing bets while on the go using a mobile bookmaker or a sportsbook app. The sportsbook will ask you to connect into your iDebit account to authenticate the deposit or withdrawal, and the transaction will be executed as usual. Despite the fact that you will be starting the transactions with mobile devices, they will still be secured by industry-standard security measures to protect your money and private data.

Your mobile payments will be significantly simpler to handle if you’re using a banking app. When you have finished paying using iDebit, you can check the status of the transaction by opening your mobile banking app. Additionally, you may quickly determine when the funds from an iDebit withdrawal will be available in your account by checking the mobile banking application whenever you request a withdrawal to your bank account. As you can see, thanks to iDebit’s website being fully optimised to function on a wide range of handheld devices, Canadian gamblers won’t have any trouble managing their real-money wagering even when they’re on the go.

iDebit Accepted in the Following Countries for Sports Betting🌏

Sports betting enthusiasts are fast adopting this way of payment, a development that is understandable given its convenience, timeliness, and dependability. IDebit is now accepted as a payment method by an increasing number of online sportsbooks. Canadian customers can utilise the payment service more frequently because it is situated there. If users want to utilise this service, they must have created a bank account at one of the supported banks since the payment processor works with multiple Canadian banking institutions. Currently, Bank of Montreal, Canadian Imperial Bank of Commerce, Desjardins, National Bank, Royal Bank of Canada, Scotiabank, Simplii Financial (formerly PCF), and TD Canada Trust are among the Canadian financial institutions that accept iDebit transactions.

Currency should also be taken into account. The only available currencies for iDebit account setup are CAD and USD, which is unfortunate for bettors. As it appears that iDebit only functions with the two aforementioned currencies, anyone who use another currency will probably be charged for currency conversion.

Naturally, you should sign up for an account with a web-based bookmaker before attempting to deposit money into your betting account via iDebit. Numerous sportsbooks may be found online, but sadly not all of them can be trusted. You should make a wise decision and search for trustworthy and honest online bookmakers that allow sports fans from your place of residency.

Having said that, it is also crucial to note that all bettors are expected to confirm whether doing so is allowed in the nation in which they currently dwell. Why is this crucial? Since breaching the law is not something to be very proud of, to start. But more crucially, you might be unable to withdraw your winnings or use iDebit to make a deposit if online sports betting and gambling in general are prohibited in your nation. IDebit, as we’ve already explained, is a payment processor that sends money from your online banking account. Your banking institution may refuse to process any transactions to or from online sports betting providers if online gambling is prohibited in your nation.

Conclusion

iDebit is an excellent payment option all around and is already widely used in Canada. This banking option is provided by many online sportsbooks, and for good reason. As you can see, iDebit is preferable to other online payment options because of its speed and exceptional level of security, which enables sports bettors to place last-minute wagers. IDebit is unquestionably the best banking alternative for Canadian sports bettors. It is quite similar to a debit or credit card but has an extra security measure and has no monthly costs. You can make deposits with them completely for free if you use it frequently enough to build up funds in your iDebit account. Otherwise, the related fees are considerably less than those for other payment methods. Whether you want to play at a sportsbook situated in Canada or not, iDebit is unquestionably a banking alternative to give serious thought to. Given the security methods and precautions that sportsbooks today use, the benefits greatly outweigh the drawbacks, making this practise virtually risk-free.

FAQ

Is there a physical or digital card for iDebit?

No, iDebit does not currently offer physical or digital cards. Any retailer who takes wallet payments will accept them from you. Additionally, you can send money to the bank account that is linked.

Can I use PayPal to finance my iDebit account?

Unfortunately, the only way to fund your iDebit account is through a bank account; there is no other option. Additionally, you are unable to transfer money to other wallets like Skrill or Neteller.

Can I use cryptocurrency to finance my iDebit account?

Once more, the answer is no. It is not possible to link your iDebit account to your cryptocurrency wallet. As a result, you are simply unable to fund your balance using any cryptocurrency.

Can I use the Bet365 iDebit payment method?

Bet365 allows payments made using iDebit, much like nearly every other betting site with operations in Canada. By using it, you’ll be able to complete transactions quickly and be eligible for any offer.

Can I pay with the iDebit Bet99 option?

Bet99 is another bookmaker that takes iDebit for both deposits and withdrawals. You can benefit from each promotion and wager with good odds and affordable costs.

How Often Can a Guest Deposit at a Sportsbook?

If you don’t feel like making an account, you can use the iDebit function that lets you make payments as a guest without registering with the service for any deposits you make at a virtual sportsbook. Having said that, you can easily create your iDebit account after making a deposit as a guest because you had provided your online banking information for the transaction. Additionally, you will need to open an iDebit account if you wish to benefit from quick and simple withdrawals.

If I don’t have online banking, can I still use iDebit?

No. You must use online banking in order to make iDebit payments, including those that are started by guests. You can activate your online banking account by getting in touch with your bank if you are not currently using this type of service. Online banking is a service that all Canadian banks that accept iDebit transactions provide to their clients.

What Are Some Ways to Monitor My iDebit Balance?

To access your iDebit account, go to the company’s website and enter your login and password. You’ll be able to do this to check your available funds, every transaction that was completed, and your transaction limit.

Is iDebit Only Offered in Canada?

Yes. IDebit currently only functions with a few Canadian banks. This indicates that iDebit will only be available to customers of the respective banking institutions for deposits and withdrawals at sportsbooks. Furthermore, because iDebit is a country-specific payment option, it can only be utilised at sportsbooks that accept Canadian bettors and are affiliated with one of the aforementioned banks.

Can I Pay with iDebit on Sportsbook Apps?

Yes. Although iDebit does not have a native mobile app of its own, this does not preclude players from making iDebit payments while wagering on the move. Sportsbook apps that accept iDebit payments have a very simple payment method that makes it possible for users to handle deposits and withdrawals quickly and securely.

How quickly can iDebit be used for transactions in online gambling?

With iDebit, transactions happen amazingly quickly. As soon as you initiate a deposit to an online casino, the money is immediately visible in your account and you are instructed to start playing. Consider using iDebit like you would a credit or debit card to make a purchase, but without having to carry the card around all day and run the risk of losing or having it stolen.

The online casino sets the deposit restrictions, not the payment processor you’re using. You can only deposit with iDebit the amount that is available in your online bank account.

What costs are associated with using iDebit to pay for online gambling?

Every time you use iDebit to transfer money from your bank account to an online casino, a fee of C$1.50 (CAD) is applied. However, if you have money in your iDebit account, this transaction would be free. The cost to transfer money the other way, from your iDebit account to your bank account, is C$2 (CAD) each transaction.

Does iDebit support payments for online gambling?

They do, indeed. The majority of the best online casinos in the world accept iDebit as a deposit method. Eight major Canadian banks now participate with iDebit, which could serve a sizable portion of the country’s online gambler population.

Why is the online transaction not being completed by my bank account?

Your account is most likely inaccessible because it is not set up for online banking. Get your bank’s approval for internet banking at the nearest branch.

Is iDebit accessible everywhere?

Not all nations allow iDebit, and not all banks are accepted in supported nations. The good news is that acceptance is increasing every day.

Does iDebit have additional fees?

The charges are determined by iDebit bookies, as was already mentioned in the article. While some bookmakers charge for withdrawals, others do not. In either case, the cost is disclosed upfront before you start any transaction. All of these solutions, we hope, have been beneficial. If so, kindly spread the word about it and post a comment. Kind regards!

Karina Peterson
More than 15 years in the gambling industry, working for the big players in the affiliation market. I won't name them, you know them. Also I enjoy seeing a new project taking life and expanding like this one.
Trustpilot