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Payment methods for online sportsbooks

If you decide to play at the online sports bookmaker, you will probably want to make a deposit to your account soon after the registration .Keeping in mind that you are a beginner we want to present a description of some of the most important methods of payment that online sportsbooks bookmakers offer to their clients.

Given the modern technologies, deposits are much easier than it might seem due to the fight between sport bookmakers for the client, as well as because they are interested in their own and client’s safety, and the security of payment systems is of great importance. Below we present some of the most popular methods of payment. For more payment methods use at online gambling - like casino or betting visit a great site Betting Well and the section: sports betting guide .

Wire transfers

We shall start with a standard bank transfer. The transfers between the banks are the financial transactions between a customer’s bank and the bank where the sportsbook / bookmaker has its own account. If the bookmaker and the client have the accounts in the same bank, the translation is very fast. In the opposite case, it may take from 1 to 3 business days. In order to withdraw money through wire transfer you should log in to your account, click on the "deposit" or "upload" button, select "Wire Transfer" and afterwards you will see the name and account number of the bookmaker and the transfer of ownership. In order to simplify the identification of customers, most sportsbooks require the name of the user when making a deposit.

  • transfer takes a long time (from 1 to 3 business days)
  • impossibility to make a deposit during the weekend (Saturday and Sunday)
  • bank transfer fee at land-based institutions, and some online banks.
  • transfer security and deposit confirmation

Credit Cards

When talking about banks we cannot but mention the possibility of paying by credit card. Making a deposit with the help of credit card is very simple. First, you have to link your card to the betting account, then fill in the so-called CVC code (three digits on the back of your card). The funds will be credited to your account with a bookmaker right away. Paying by credit card has its pros and cons.

  • fee for each deposit which amounts to 2.5%
  • funds are immediately credited to the account
  • a high level of security

Paypal payment for online sportsbooks

Paypal is one of the oldest online payment options. Millions of people use PayPal worldwide. Very fast growing and ever new countries allow you to use this feature. Paypal is the safest and most common option payment in the world. The largest Internet sportsbooks offer this payment method, unfortunately, bad news, this option is only available in selected EU countries, generally in the western EU countries such as Germany, England, France, Italy, Spain ... For more information you can visit the Bet with Paypal.


  • not all banks and bookmakers support Paypal, there are very few.
  • selected EU countries may use Paypal to send money for sports betting


Skrill / Moneybookers

It is undoubtedly the most popular e-wallet on the Internet used for online gambling. Most players are still using the name “Moneybookers”, however, this method of payment is now called Skrill. Depositing money with this e-wallet is unusually simple, so this method of payment is used by millions of betting players from all over the world. You can upload funds to your account at the sportsbook / bookmaker using Skrill only if you have the funds at the MB account. You can withdraw money from Skrill only under the condition that you have previously made a deposit using this system. The Skrill account is linked to our e-mail.

  • to transfer money from the Skrill account to the bookmaker you must have some money on the account
  • the transfer takes a few hours
  • a small fee charged for the payment at Skrill
  • you can upload and withdraw money
  • simplicity, security and speed of payments under the condition that you have the money.
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