Top 10 Safest Payment Methods For Betting Sites

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Players flock to online gambling and sports betting sites for the betting action, but once they are there, they need to safely deposit money to open an account. Ultimately they also need to withdraw their winnings, too, if things have gone their way.

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Players want to know that once they have finally chosen an online betting sit at which to open an account, that their transactions will be safe and secure. When playing slots, blackjack or placing a bet at a sports betting site you want the transactions to be smooth, quick and reliable. Imagine winning a jackpot and then realizing that you are not able to withdraw your cash because the casino or sports betting site doesn’t offer a payment methods that works for you?

Before opening an account it is best to visit the banking page and check out the range of payment methods available. Make sure there are options that work for you – in your currency, in your jurisdiction and that do not ask for crazy fees or lengthy withdrawal periods.

We have listed out some of the most safe and reputable payment methods offered at online casinos and sports betting sites.

1: Neteller

Neteller is well-known in the betting community as it operates in over 200 countries and it supports many languages. It offers instant, secure online payments with multiple deposit options and is accepted by thousands of online merchants. Neteller can be used to make deposits into a player account, withdraw funds, and then continue using these same funds for other online transactions.

2: Instadebit

Instadebit is one of the more popular and respected payment methods players will find available at many sports betting sites. Instadebit supports USD and CAD currency. Players like that Instadebit can be used after a very simple set up process and that the transfers can be made instantly.  Transfers can be made via mobile devices, so players can continue their real money gaming while on the go. Also, many appreciate the fact that the maximum amount for a single transaction is $50,000. Most of the top online casinos and sports betting sites make it a point to offer Instadebit as a payment option.

3: Skrill

Skrill is an online payment method that was previously known as ‘Moneybookers’ and it works much like PayPal. When players have signed up with Skrill, they add their bank account details to their Skrill profile. They can move funds into their Skrill account and just as easily transfer funds into and out of their player accounts. Skrill offers them a safe and secure payment method that is accepted at many sportsbooks and online casinos.

4: EcoPayz

EcoPayz is an online payment method that works as an e-wallet or as a prepaid card. The prepaid card portion is known as EcoCard. It’s free to register for an account and this payment method is offered at many online betting sites. Players tend to feel confident with this method because it has been around since 2000.

5: Entropay

Entropay is much appreciated by many punters because it is a secure payment method that can be used no matter where they are located. Entropay is accepted at any of betting sites that accept Visa.

6: PaySafeCard

PaySafeCard is a prepaid card that is widely accepted at just about all betting sites. One of the things many like is how easy PaySafeCard is to use. Players can purchase a PaySafeCard at an outlet that sells them need them and add their funds onto the card. In order to deposit those funds into their player account, they will enter the cards 16-digit number onto the betting site and make the deposit.

7: PayPal

PayPal is one of the most popular payment methods known worldwide. It is also available at a lot of sportsbetting sites. Players likely already have a PayPal account, so having the ability to use it for their deposits and withdrawals is convenient. The process is easy and players only have to enter their email address associated with their PayPal account to make their transactions. Paypal can be funded in a number of ways. Players will also be able to transfer money into their PayPal account from their bank account, then use the PayPal account to fund their account.

READ MORE: PayPal Online Betting Sites

8: Trustly

Trustly is a payment method that players can use by going through a few simple steps to deposit funds from their bank account with the protection of enhanced data encryption. There is no need to register for any account to use Trustly, but the casinos currently accepting it is still a bit limited.

9: Bitcoin

Bitcoin is a cryptocurrency more and more betting sites are starting to accept. Bitcoin offers players complete anonymity. Bitcoin is chosen by many players because they like the fact that it is a type of currency that is not subject to the control of one entity, so making deposits and withdrawals with it tends to be cheaper.

10: Western Union

Western Union is easy to use, and it offers players instant money transfers. Western Union is a great option because most sportsbetting sites accept it and it is a globally recognized payment method known for offering the utmost in security. Players can take care of their deposits using this payment method without the need to enter their personal information during the deposit process. Transactions can be made in person, over the phone, or online.

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Having worked in the marketing department at two online sports betting sites, John brings his love of sports to serve BigOnSports as chief writer. He will be researching and writing about the sports betting community to improve your experience as a sports bettor.

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