Sportsbook Deposit and Payment Methods
The most important aspect of deciding on which sportsbook account to open, is making sure you can deposit and withdraw within your means and get your hands on a good Sign Up Bonus in the process. Different countries and jurisdictions only have access to certain payment options, therefore make sure your bookmaker of choice accepts your preferred method. Thankfully, there are a huge number of methods available for players, and most sportsbooks will accept any number of these. In our guide to sportsbook deposit and payment methods, we give a brief description of each method available to get your money both on, and off line.
1-Pay – An Asian online payment solutions provider, 1-Pay has now been added as a payment option by the top Asian sportsbooks and a handful of European operators as well.
Abaqoos – An e-wallet service available to customers of OTP bank (Hungary) who have thee OTP e-banking function. Abaqoos also provide a pre-paid voucher service, which can be used by all individuals, not just those with bank accounts.
Bank Transfer – Bank transfers are a solid option for customers wishing to wire larger balances between their betting accounts. These are secure transfers, but sometimes take a little longer to process.
Cheque – Although cheques are becoming less and less popular, they are still accepted by many bookmakers around the world. This method tends to be used for larger deposits, and is not ideal for customers who want to fund their accounts quickly, as delivery and then clearance can take some time.
Click2Pay – Offers a secure, convenient and fast way for customers to make deposits and withdrawals into their betting accounts. Customers upload their funds into Click2Pay and then can distribute as they wish. Using this method eliminates the possibility of banks rejecting attempted betting transactions on debit and credit cards.
ClickandBuy – An online payment provider with a strong customer base in Europe, ClickandBuy allows users to fund their betting accounts from their online wallets. The wallets can be topped up using a variety of debit/credit cards.
Credit Card – A card issued by a bank or building society allowing the user to buy goods or deposit online on credit, which usually entails the holder paying the money back within a certain time frame or else being charged interest on outstanding amounts.
Dankort – Dankort is the national debit card of Denmark and around 80% of all Danish people have a Dankort card. It is co-branded and allows Danish online shoppers to perform international transactions as if they were using a regular visa.
EcoPayz – Based in England, EcoPayz is one of the longest standing digital wallet services in the world. It allows safe and fast payment services to customers and bookmakers. Customers can top up virtual debit cards (provided by MasterCard) and use their card around the globe.
eKonto – Is an attachment available through the Raiffeisen Bank in the Czech Republic and Slovakia. With eKonto, customers can make purchases in real time, with payment orders being created automatically.
ELV – Elektronisches Lastschriftverfahren, is a German payment service. ELV is widely used in the country and connects the merchants with customers’ bank accounts.
eNets – Is the most popular online payment gateway in Singapore. It is the only payment provider that offers Direct Debit in Singapore and is available with many bookmakers, particularly in Asia.
EntroPay – Is a pre-paid virtual visa card that gives customers security and anonymity. After purchasing online, individuals are given a 16 digit card number that can be used without any need for the user to divulge their personal details.
EPS – Electronic Payment Services is the biggest electronic payment system in Hong Kong and Macau. There are currently over 25,000 acceptance locations.
Euteller – A Finnish based company founded in 2007. A regulated payment service provider which enables shoppers to make secure payments using their online bank account.
Ewire – Are a Danish based payment provider who link bank accounts to bookmakers.
Giropay – Is an internet based payment system based out of Germany. It acts as a conduit for merchants/bookmakers and bank accounts and is accepted by a large number of online betting firms.
iDeal – iDeal is a payment service made up of a collection of agreements for an instant online bank transfer from a purchasers bank account to the account of a shop or betting website. iDeal gives its customers real-time confirmation of their transaction.
InstaDebit – Initially a Canadian only online payment service, InstaDebit is now available to customers in more than 32 countries. It connects directly with bank accounts and enables individuals to deposit into their betting account instantly.
Moneta.ru – A Russian payment portal founded in 2005, Montera.ru facilitates deposits and withdrawals on merchant websites. The company have focused much of their attention on the gaming industry and have links with many of the major bookmakers.
Neosurf – Neosurf is a prepaid card/ticket which can be purchased at over 50,000 outlets worldwide. The card enables individuals to pay safely without giving their bank details.
Neteller – One of the world’s premier e-wallet providers, Neteller are accepted by the vast majority of major bookmakers around the world. Instant, secure and free.
NetMoney – Is a secure e-money account that also gives customers a personalised Visa chip and pin card.
Nordea – As the name suggests, Nordea are a company based in Northern Europe. When linking up with Nordea, bookmakers are able to offer a secure online checkout for customers.
Paypal – PayPal enables users and businesses to pay, send and receive money online without revealing any of your financial details. They have over 100 million member accounts in 190 countries and regions worldwide.
Paysafecard – Is the largest prepaid voucher company in the world. Paysafecard were originally owned by Wertkarten AG, an Austrian firm, but were purchased by Skrill (Moneybookers), one of the biggest online payment providers, in 2012.
Poli – A very popular bank transfer payment method prevalent in Australia and New Zealand. The portal enables customers to securely make online payments from their bank account. Due to its easy process and robust security, Poli has exploded in popularity as a favoured payment solution for customers in the Southern Hemisphere.
Postepay – Providing electronic prepaid cards, Postepay enable customers to fund their betting accounts securely online. The cards do not need to be linked to a bank account and have a limit of 999 Euro per transaction.
Prezelewy24 – As the name suggests, Prezelewy24 is a Polish facing company who provide a fast online bank transfer service, facilitating payments between the customer and seller. Prezelewy24 accept a number of different payment types and then send them to the merchant.
QIWI – Established in 2007, QIWI is a virtual wallet service that enables customers to make online purchases and pay bills. It is co-branded with Visa and has physical cash-collecting kiosks.
Skrill – Formerly Moneybookers, Skrill is another powerhouse in the online payment solution market. Founded in 2001, Skrill are well-established and respected and widely used. A number of bookmakers offer deals and bonuses for customers who use Skrill to fund their accounts.
Sofortuberweisung – A payment service provider who link bank accounts with online shops and bookmakers. Customers use their own online banking log-in details then the transaction is processed through Sofort to the online merchant.
Teleingreso – A Spanish payment provider which enables customers to make online purchases/transactions by paying money in person. When buying something, customers are given a 9 digit code (the transaction remains pending until fulfilled) and they must visit an outlet where they are able to make payment, at which point a confirmation of funds e-mail is sent out.
WebMoney – Is a global settlement system for business and personal activities. Established in 1998, it is primarily used in Russia and Eastern Europe, though it is getting more popular elsewhere around the world
Western Union – As the world’s most popular wire transfer service, a large number of bookmakers accept Western Union as a payment method. Customers can set up a deposit through a shop or through the Western Union website. They receive a code which is used to track the payment.
Yandex Money – A very popular e-wallet in Russia, Yandex Money has been in existence since 2002. It is considered Russia’s most popular electronic payment service provider.