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Online Betting Sites Payment Methods – We’ve Got You Covered

The best online betting payment methods are well known. Well, if you’ve not bet much before then they might not be. We’ll enlighten you on this page. When you’re searching around to find the best sports betting sites to place a bet with, you should always be thinking about what the best payment methods for sports betting in the UK are. On this page, we take you through the best betting payment options that are available at all of the best betting sites in the UK.

What are the Best Deposit Payment Methods?

The top online betting sites in the UK will all have some appealing welcome offers available that require a deposit of some kind before you can claim them.

What you need to decide is the best payment method for you. That’s where we come in. Some punters argue that PayPal is the best, and some still like using a debit card. But is using PayPal as a payment option the best if a certain bookmaker excludes e-wallets from their welcome bonus? Probably not. Nevertheless, here’s a list of all of the depositing options in the UK that are safe and secure to use. Feel free to click on each one to understand more about that payment method. If there’s a clickable link, we’ve got a detailed review on that payment option.

Payment Method Withdrawal Timeframe Negatives
Debit Card Deposits
Debit Cards
Instant Readily Available and Secure
PayPal Deposits
PayPal
Instant Quick and Trustworthy
Skrill Deposits
Skrill
Instant High Max Limits
neteller Deposits
Neteller
Instant Quick and Trustworthy
Entropay Deposits
Entropay
Instant High Max Limits
EcoPayz Deposits
ecoPayz
Instant Quick and Trustworthy
Apple Pay DepositsApple Pay Instant Quick and Secure
Paysafecard Deposits
PaysafeCard
Instant Secure
Trustly Deposits
Trustly
Instant Quick and Secure
MuchBetter Deposits
MuchBetter
Instant Quick and Secure
Neosurf Deposits
Neosurf
Instant No Bank Details Needed
Bitcoin Deposits
Bitcoin
Instant Secure
Sofort Deposits
Sofort
Instant Quick and Secure
neteller Deposits
Bank Transfer
3-5 Working Days Secure and Trustworthy

Contents

Sports Betting Sites Offering the Best Payment Methods

Bookmaker Bonus
LeoVegas Review
4.5/5

£100 BONUS

Bet Min £10, Receive 100% Mobile In-Play Profit Boost up to £100

New customers only • Deposit £10 min and claim in ‘my offers’ 1x 100% mobile in-play profit boost • Qualifying bets must be on mobile and on in-play markets • Qualifying bets must be placed within 7 days of your first deposit • Max qualifying stake £10 at minimum odds of 1/1 (Evens) • Max extra winnings £100 • Valid for 30 days • Skrill/Neteller deposits do not qualify • Full T&Cs Apply
Bet365
5/5

£100 BONUS

Up to £100 in Bet Credits

Open Account Offer • Up to £100 in Bet Credits for new customers at bet365 • Min deposit £5 • Bet Credits available for use upon settlement of bets to value of qualifying deposit • Min odds, bet and payment method exclusions apply • Returns exclude Bet Credits stake • Time limits and T&Cs apply • The bonus code CD365 can be used during registration, but does not change the offer amount in any way • Full list below
10Bet Review
4.5/5

£50 BONUS

100% up to £50

18+ • Min deposit is £15 • Deposit restrictions apply • 8x wagering on deposit and bonus • Min single bet odds of 4/5 • Min acca odds of 2/5 • Terms must be met within 30 days • Full T&Cs apply • 18+ begambleaware.org
Betfair Sportsbook Review
4.5/5

£100 BONUS

Up to £100 in Bet Credits

New customer offer • Place 5 x £10 or more bets to receive £20 in free bets • Repeat up to 5 times to receive maximum £100 bonus • Min odds 1/2 (1.5) • Exchange bets excluded • Full Betfair T&Cs apply.
888Sport Review
4.5/5

£30 BONUS

Bet £10 Get £30

New UK customers only • You must enter 888sport bonus code 30F when depositing for the first time • Min deposit is £10 • Qualifying bet must be at odds of 1/2 (1.5) or higher • You must place your first bet within 30 days of registration • You’ll receive 2x £10 free bets and 1x £10 mobile free bet once your qualifying bet has settled • You have 7 days to use the free bets before they expire • Full 888sport T&C's apply
Unibet
4.5/5

£40 BONUS

£40 Money Back Offer

18+ begambleaware.org • New customers only • Min deposit £10 • Money back as bonus if first bet loses • Wagering: sportsbook 3x at min. odds of 1.40 (2/5), casino 35x • Sportsbook bonus must be wagered before using casino bonus • Bonus expires 7 days after opt-in • No deposit required for NI customers • Call 08081699314 to claim • Full T&Cs Apply
BetRegal Review
4.5/5

£10 BONUS

£10 Free Bet

Max Free Bet is £10 • Min deposit is £10 • Min odds of 1/1 (2.0) • Deposit restrictions apply • Min odds on free bet are 4/5 (1.80) • Acca bets excluded • Cash out excluded • Full T&Cs apply • 18+

The Best Payment Methods – Why Should I Consider What’s Available?

Well, for a start, some bookies only offer a debit card as a method of payment, so you’ll want to cross them off your list of new betting sites to use if you prefer e-wallets. On the other hand, some sportsbooks offer e-wallets but not certain other methods, so punters need to check out what’s available and what’s not available.

You also need to ask yourself a few questions. Do you prefer betting with PayPal? Is the speed of withdrawal important to you? Is it essential you’re depositing money at a safe and secure online betting safe? That’s a ‘yes’ for anyone really. We only list safe and secure betting sites here, so you’re OK on that front.

Betfair Payment Methods

Arguably one of the very best in the industry when it comes to the choices available for punters. The payment methods at Betfair are varied. What’s also impressive is the security in place. Betfair’s Know Your Customer (KYC) policy is rigorous and thorough but needed to prevent money laundering. Your money is always safe, and you can deposit and withdrawal knowing that it’s all safe and secure.

Betfair offers plenty of different options for punters and does not charge any fees regardless of which payment method you choose. All you really need to decide is how quickly you want your funds back in your account. If the answer is quickly, then consider using an e-wallet like PayPal, Neteller, or Skrill. All of which are available to use as a Betfair customer.

The Best Debit Card Betting Sites

Bookmaker Bonus
10Bet Review
4.5/5

£50 BONUS

100% up to £50

18+ • Min deposit is £15 • Deposit restrictions apply • 8x wagering on deposit and bonus • Min single bet odds of 4/5 • Min acca odds of 2/5 • Terms must be met within 30 days • Full T&Cs apply • 18+ begambleaware.org

The Best PayPal Betting Sites

Bookmaker Bonus
Bet365
5/5

£100 BONUS

Up to £100 in Bet Credits

Open Account Offer • Up to £100 in Bet Credits for new customers at bet365 • Min deposit £5 • Bet Credits available for use upon settlement of bets to value of qualifying deposit • Min odds, bet and payment method exclusions apply • Returns exclude Bet Credits stake • Time limits and T&Cs apply • The bonus code CD365 can be used during registration, but does not change the offer amount in any way • Full list below

The Best Neteller Betting Sites

Bookmaker Bonus
Betfair Sportsbook Review
4.5/5

£100 BONUS

Up to £100 in Bet Credits

New customer offer • Place 5 x £10 or more bets to receive £20 in free bets • Repeat up to 5 times to receive maximum £100 bonus • Min odds 1/2 (1.5) • Exchange bets excluded • Full Betfair T&Cs apply.

The Best Skrill Betting Sites

Bookmaker Bonus
Unibet
4.5/5

£40 BONUS

£40 Money Back Offer

18+ begambleaware.org • New customers only • Min deposit £10 • Money back as bonus if first bet loses • Wagering: sportsbook 3x at min. odds of 1.40 (2/5), casino 35x • Sportsbook bonus must be wagered before using casino bonus • Bonus expires 7 days after opt-in • No deposit required for NI customers • Call 08081699314 to claim • Full T&Cs Apply

Betting Online – What Payment Method Should I Choose?

Whichever one you feel most comfortable with, to be honest. If you regularly use your debit card outside of online betting, stick with it. If you’re a fan of PayPal with your online transactions such as eBay or Amazon, stick with it. There’s nothing like staying with what you know, there’s no harm in that.

If you’re not afraid of change then it might be worth switching from what you regularly use. Or even using your usual payment method but also adding another. Essentially, punters must think of a few things when deciding which payment option to choose.

Choosing a Deposit Method – What Do I Need to Consider?

If you’re not 100% sure on the payment method you want to use, consider the following points before making a decision:

Maximum deposit limits
Minimum deposit limits
Promotion Exclusions in the T&Cs
Speed of the payment method
Fees involved when depositing or withdrawing
Availability at online betting sites

Let’s expand on those a little more…

Deposit Limits

If you’re a high roller then you’ll want to bet at an online sports betting site that offers higher limits. On the flip side, you might be a casual punter who doesn’t bet much. You’ll want to find a bookmaker who accepts a minimum deposit limit of, say, £5. Some bookies set a minimum deposit limit of £20, which could be too high for some.

Promotion Exclusions

As we like to remind everyone reading our pages, make sure you read the T&Cs of the welcome offers before committing to one. Some welcome offers and existing promos exclude certain payment options. For example, you might use PayPal to make your first deposit in order to get a welcome bonus only to find out that e-wallets are not included in the offer.

Speed of Payment Method

Many bettors nowadays want to be able to deposit instantly, most payment options can adhere to. You do have the option of a bank transfer or even a bank cheque if you don’t mind waiting a few days before your deposit is processed.

Deposit and Withdrawal Fees

If they’re a top online betting site in the UK, you won’t see any unwanted fees for depositing. But there may be the odd betting site that may charge a fee to deposit funds. Our advice would be to always read up on the payment options before choosing who to sign up with.

Availability at Online Betting Sites

If you, for example, use PayPal for everything and are looking to use a new online betting site, be sure to check that they accept your preferred payment method. Unless you switch to a new payment option of course. Some sports betting sites don’t have PayPal as an option, so there might be occasions where you simply move onto a bookie who does accept PayPal as a payment method.

Bookmaker Bonus
William Hill Review
4.5/5

£30 BONUS

Bet £10 Get £30

New online customers only • Min £10 stake • Win only • Min odds 1/2 • Free bets paid as 2x £15 • 30 day expiry • Free bet/payment method/player/country restrictions apply • Full Terms Apply • 18+ • begambleaware.org

Sports Betting Sites – What the Best Payment Options when Depositing?

Here’s our top seven:

  1. PayPal
  2. Neteller
  3. Skrill
  4. Debit Card
  5. Trustly
  6. Paysafecard

The top five stays as it is really when it comes to withdrawing funds too. Again, the same rules apply in terms of fees. If you’re getting charged to withdraw funds, you may want to consider looking for another online sportsbook.

We’ll get onto withdrawals shortly, but as we’re still on the topic of deposits, it’s worth asking yourself…

Should I Set Deposit Limits?

By setting a limit, you stay in control of your betting so it should be something to consider adding.  All you do with a deposit limit is set an amount you don’t want to exceed. This can be a daily, weekly, or monthly limit. You can tighten these immediately, but if you wanted to, say, go from a £20 deposit limit back up to £100, you need to wait a full seven days for the change to come into effect.

Before moving on, it’s worth mentioning here that if you do find yourself in a spot of bother with your gambling, feel free to get in touch with the likes of GamStop or GamCare. They can help free of charge.

Bookmaker Bonus
EnergyBet Review
4/5

£50 BONUS

100% up to £50

18+ • New customers only • Must select the welcome bonus on the deposit page • Maximum bonus of £50 • Odds restrictions: 1/5 per leg (min 3 legs) • Minimum combined odds 1/1 • Some payment options excluded • Wagering requirements of 10x must be met within 30 days • Check EnergyBet T&Cs for full details

Why Can’t I Withdraw to My Chosen Payment Method?

This is a common question. If you deposit with a debit card and want to withdraw via Neteller, it’s not going to let you. The reason for this is simple. It’s because all top bookmakers have money laundering security measures in place. They call it a closed-loop system whereby you must withdraw to the same payment method you deposited from. So if you deposited £10 on a debit card, you need to withdraw any winnings to that debit card.

Withdrawal Methods – What’s Available?

We’ve drawn up a list of the payment methods available to punters in the UK and their withdrawal timeframes on average. As mentioned, sometimes there are fees involved depending on the payment option you choose, so make sure you’re familiar with the T&Cs at your preferred bookie.

Payment Method Withdrawal Timeframe Negatives
Debit Card Deposits
Debit Cards
3-5 Working Days Not always available
PayPal Deposits
PayPal
Within 24 Hours Small fees sometimes
Skrill Deposits
Skrill
Within 24 Hours Promo exclusions
neteller Deposits
Neteller
Within 24 Hours Promo exclusions
Entropay Deposits
Entropay
3-5 Working Days Slow compared to e-wallets
EcoPayz Deposits
ecoPayz
Within 24 Hours Small fees sometimes
Apple Pay Deposits
ApplePay
Within 24 Hours Not always available
Paysafecard Deposits
PaysafeCard
Not Available for Withdrawals N/A
Trustly Deposits
Trustly
Within 48 Hours Linked to your bank
MuchBetter Deposits
MuchBetter
Within 24 Hours Small fees sometimes
Neosurf Deposits
Neosurf
5-10 Working Days Slow compared to e-wallets
Bitcoin Deposits
Bitcoin
Within 24 Hours Not yet trustworthy
Sofort Deposits
Sofort
Within 24 Hours Small fees sometimes
neteller Deposits
Bank Transfer
3-10 Working Days Slow compared to e-wallets

 

Withdrawal Times – Why Are They All Different?

The withdrawal times at the best betting sites in the UK differ due to the fact that some are simply quicker than others at being processed. Moreover, a bookie could have a 24-hour withdrawal timeframe for PayPal, whereas another bookmaker may have it set at 24-48 hours. It all really depends on the bookmakers’ processing time as to whether a withdrawal will take 24 hours or 48 hours.

Not only are you waiting for the withdrawal to be processed, but you must also pass a bookmaker’s KYC (Know Your Customer) security check before you’re able to withdraw at all. As we mentioned, the above table lists the average withdrawal timeframes, so don’t assume this is the timeframe at each and every bookmaker because it’s not.

E-wallet Withdrawal Timeframes – Are They the Best Payment Methods to Use?

Again, it comes down to personal preference really. However, more often than not, e-wallets are the quickest way of withdrawing your funds.

Bookmaker Bonus
Mr Green Sports Review
4/5

£10 BONUS

£10 Free Bet

Min deposit is £10 • Min bet is £10 • Acca bets with 3 or more selections only • Free Bet will expire after 7 days • Deposit restrictions apply • Full T&Cs apply • 18+

KYC and Age Verification – Why Do Betting Sites Need My ID?

Know Your Customer (KYC) has always been in place, but new regulations have led to a lot of online betting sites asking for you to verify your account before you even make a deposit. Previously you’d only ever be asked to confirm your ID once you tried to withdraw.

You must always confirm your identity with a bookmaker to ensure you are who you say you are. It’s a strong security measure that ensures everything you do is in a secure environment.

What is Age Verification?

To put it simply, age verification is where an online betting site has measures in place in order to verify who you are and how old you are. If there’s any doubt, which will flag up in their system, then you’ll be required to send a passport or some sort of photographic ID to confirm your age.

What is Anti Money Laundering (AML)?

AML in betting terms is a measure put in place by bookmakers to ensure your money is legit, safe, and secure. AML policies are present in just about every business that handles money, so it’s no surprise to see these checks in place with online betting sites. Essentially, it keeps the online betting industry clean, fair and safe.

The Best Payment Methods for Betting – An Abundance of Choice for UK Punters

There really are plenty of online betting payment options for UK bettors to choose from. You don’t have to stick to just a debit card, you can choose an e-wallet payment if you wish.

With all of the information above, you should be able to make an informed decision about which payment methods for betting are the best for you. All betting sites go through ID verification checks. It’s worth it as the main aim is to keep your online payments safe and secure.

Bookmaker Bonus
NetBet Review
4/5

£30 BONUS

Bet Min £30, Get £15 in Free Bets and £15 in Free Spins

New UK customers only • Max free bet is £15 • Cashed out bets excluded • Customers must place a qualifying bet within 7 days • Neteller, PayPal and Skrill deposits are not eligible • 50 Free Spins, worth £10 will be added to your account after qualifying bet has settled • Casino free spins are playable only on Starburst or Scudamore's Super Stakes • Casino free spins expire after 7 days • Free spins must be wagered 40x • Vegas free spins are playable only on Age of the Gods • Vegas free spins winnings must be wagered 50x • Full T&Cs apply • 18+

Best Online Betting Payment Methods FAQs

It depends on the online betting site you use. Most deposits should be instant and free. Withdrawals, on the other hand, may incur a fee. A small percentage usually. Make sure you understand these payment rules at your chosen bookie before committing.

Any deposits made with an e-wallet are done privately in the sense that any transactions appear as the e-wallet name only. You must, however, register for an account in your name before being able to deposit.

There are always pros and cons for using one payment method compared to the other. PayPal is extremely popular and generally considered to best one of the best payment options for bettors in the UK.