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 |
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Instant | Readily Available and Secure |
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Instant | Quick and Trustworthy |
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Instant | High Max Limits |
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Instant | Quick and Trustworthy |
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Instant | High Max Limits |
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Instant | Quick and Trustworthy |
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Instant | Quick and Secure |
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Instant | Secure |
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Instant | Quick and Secure |
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Instant | Quick and Secure |
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Instant | No Bank Details Needed |
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Instant | Secure |
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Instant | Quick and Secure |
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3-5 Working Days | Secure and Trustworthy |
Contents
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Sports Betting Sites Offering the Best Payment Methods
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Casino | Bonus | Payment methods | Link | T&Cs | |||||||||||||||||||||
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Rating |
£100 Bonus 100% profit boost of up to £100 of winnings on first bet – mobile only |
Link | Claim LeoVegas Review Review | Bonus |
Bonus details:
T&Cs apply |
Payment methods |
Payment methods
(4 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
T&Cs apply • New reg only • Claim by placing a min deposit £10 via “My Offers” page …Read more
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Rating |
£30 Bonus Up to £30 in Bet Credits |
Link | Claim Bet365 Review | Bonus |
Bonus details:
Open account offer Up to £30 in Bet Credits for new customers at bet365 Minimum deposit £5 Bet credits available for use upon settlement of bets to value of qualifying deposit Min odds, bet and payment exclusions apply Returns exclude Bet Credits stake Registration required Time limits and T&Cs apply. 18+ begambleaware.org • #ad |
Payment methods |
Payment methods
(4 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
Open Account Offer • Bet £10 & Get £30 in Free Bets for new customers at bet365 • Min deposit r …Read more
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Rating |
£50 Bonus 100% up to £50 |
Link | Claim 10Bet Review Review | Bonus |
Bonus details:
18+ |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
18+ • Min deposit is £15 • Deposit restrictions apply • 8x wagering on deposit and bonus • Min singl …Read more
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£100 Bonus Up to £100 in Bet Credits |
Link | Claim Betfair Sportsbook Review Review | Bonus |
Bonus details:
18+ |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
New customer offer • Place 5 x £10 or more bets to receive £20 in free bets • Repeat up to 5 times t …Read more
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£40 Bonus Not currently available |
Link | Claim 888Sport Review Review | Bonus |
Bonus details:
New UK customers only 18+ |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
New players only • Min deposit £/€/$10 • A qualifying bet is a ‘real money’ stake of at least £/€/$1 …Read more
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£40 Bonus £40 Money Back Offer |
Link | Claim Unibet Review | Bonus |
Bonus details:
18+ begambleaware.org |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
18+ begambleaware.org • New customers only • Min deposit £10 • Money back as bonus if first bet lose …Read more
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Rating |
£10 Bonus £10 Free Bet |
Link | Claim BetRegal Review Review | Bonus |
Bonus details:
Max Free Bet is £10 |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
Max Free Bet is £10 • Min deposit is £10 • Min odds of 1/1 (2.0) • Deposit restrictions apply • Min …Read more
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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
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Casino | Bonus | Payment methods | Link | T&Cs | |||||||||||||||||||||
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Rating |
£50 Bonus 100% up to £50 |
Link | Claim 10Bet Review Review | Bonus |
Bonus details:
18+ |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
18+ • Min deposit is £15 • Deposit restrictions apply • 8x wagering on deposit and bonus • Min singl …Read more
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The Best PayPal Betting Sites
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Casino | Bonus | Payment methods | Link | T&Cs | |||||||||||||||||||||
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Rating |
£30 Bonus Up to £30 in Bet Credits |
Link | Claim Bet365 Review | Bonus |
Bonus details:
Open account offer Up to £30 in Bet Credits for new customers at bet365 Minimum deposit £5 Bet credits available for use upon settlement of bets to value of qualifying deposit Min odds, bet and payment exclusions apply Returns exclude Bet Credits stake Registration required Time limits and T&Cs apply. 18+ begambleaware.org • #ad |
Payment methods |
Payment methods
(4 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
Open Account Offer • Bet £10 & Get £30 in Free Bets for new customers at bet365 • Min deposit r …Read more
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The Best Neteller Betting Sites
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Casino | Bonus | Payment methods | Link | T&Cs | |||||||||||||||||||||
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Rating |
£100 Bonus Up to £100 in Bet Credits |
Link | Claim Betfair Sportsbook Review Review | Bonus |
Bonus details:
18+ |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
New customer offer • Place 5 x £10 or more bets to receive £20 in free bets • Repeat up to 5 times t …Read more
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The Best Skrill Betting Sites
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Casino | Bonus | Payment methods | Link | T&Cs | |||||||||||||||||||||
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Rating |
£40 Bonus £40 Money Back Offer |
Link | Claim Unibet Review | Bonus |
Bonus details:
18+ begambleaware.org |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
18+ begambleaware.org • New customers only • Min deposit £10 • Money back as bonus if first bet lose …Read more
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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.
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Casino | Bonus | Payment methods | Link | T&Cs | |||||||||||||||||||||
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Rating |
£30 Bonus Bet £10 Get £30 |
Link | Claim William Hill Review Review | Bonus |
Bonus details:
New online customers only |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
New online customers only • Min £10 stake • Win only • Min odds 1/2 • Free bets paid as 2x £15 • 30 …Read more
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Sports Betting Sites – What the Best Payment Options when Depositing?
Here’s our top seven:
- PayPal
- Neteller
- Skrill
- Debit Card
- Trustly
- 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.
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Casino | Bonus | Payment methods | Link | T&Cs | |||||||||||||||||||||
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Rating |
£50 Bonus 100% up to £50 |
Link | Claim EnergyBet Review | Bonus |
Bonus details:
18+ |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
18+ • New customers only • Must select the welcome bonus on the deposit page • Maximum bonus of £50 …Read more
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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 |
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3-5 Working Days | Not always available |
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Within 24 Hours | Small fees sometimes |
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Within 24 Hours | Promo exclusions |
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Within 24 Hours | Promo exclusions |
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3-5 Working Days | Slow compared to e-wallets |
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Within 24 Hours | Small fees sometimes |
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Within 24 Hours | Not always available |
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Not Available for Withdrawals | N/A |
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Within 48 Hours | Linked to your bank |
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Within 24 Hours | Small fees sometimes |
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5-10 Working Days | Slow compared to e-wallets |
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Within 24 Hours | Not yet trustworthy |
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Within 24 Hours | Small fees sometimes |
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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.
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Casino | Bonus | Payment methods | Link | T&Cs | |||||||||||||||||||||
# | IMG |
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Rating |
£10 Bonus £10 Free Bet |
Link | Claim Mr Green Sports Review Review | Bonus |
Bonus details:
Min deposit is £10 |
Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
Min deposit is £10 • Min bet is £10 • Acca bets with 3 or more selections only • Free Bet will expir …Read more
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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.
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Casino | Bonus | Payment methods | Link | T&Cs | |||||||||||||||||||||
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Rating |
£10 Bonus £10 Free Bet |
Link | Claim NetBet Review Review | Bonus |
Bonus details:
New UK customers only • Min Odds 3/1 • Min Selections 3. Free Bet Valid for 7 days • Full T&Cs Apply #ad
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Payment methods |
Payment methods
(5 in total):
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Minimum Deposit | Withdrawal Time | Licences | Toggle | Close – Open + | T&Cs |
New UK customers only • Min Odds 3/1 • Min Selections 3. Free Bet Valid for 7 days • Read more
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Best Online Betting Payment Methods FAQs
Are there fees involved when depositing and withdrawing at online betting sites?
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.
Can I deposit at online betting sites anonymously?
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.
What is the best online betting payment method to use?
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.