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Most Popular Payment Methods
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Do you want to know about the different online payment methods?
Once you have chosen a bookmaker to open a new betting account with,
it’s time to pay the first sum of money into your account so you can
start betting.
Bank Transfer
How is it done? Simple! All bookmakers accept bank transfers or credit
card payments. If you have a traditional bank account without Internet
Banking go straight to your bank and ask for this service to be
activated! Now all banks let you monitor the movements of your money
through the web without having to go to the bother of physically going
to the bank to check your balance and transactions. If you don’t have a
current account yet you can open one directly though the internet!
Credit Card
Once you have opened an online current account you are set up to bet and
receive payments. As an alternative to current accounts, you can also
use credit cards, which have the advantage of not having waiting times
for transactions. In fact, payments and withdrawals are instant, unlike
bank transfers, which can take from 1 to 3 working days. Requesting a
credit card is simple. You can request one directly from you bank, from
your financial advisor or online.
We recommend Visa or
Mastercard credit cards, which are accepted by all
bookmakers, while we advise against American Express and Diners Club,
which are refused by the majority of bookmakers.
Prepaid Cards
As an alternative to credit cards, we can also use prepaid cards, which
have become increasingly accepted by bookmakers over the years. You
don’t need a current account to acquire a prepaid card, as you can get
it directly from the post office in your country by showing a valid form
of ID. Check that your prepaid card is accepted by your chosen bookmaker
before you start betting.
Online Payments
Online money transfers through Ewallet companies is one of the best
methods for those who want to bet over the Internet with
professionalism. Its advantages includes the possibility of sending
money in real time to practically all bookmakers, secure transactions
and low costs. The most famous and secure money transfer companies used
by thousands of users are:
Neteller,
Skrill,
EcoPayz,
PayPal and
Webmoney. All three work
in more or less the same way: you register for free on the company’s
website, and once you have opened your account and chosen a method for
depositing money you can make payments using your email address and
password. A credit card, prepaid card or bank account can be added to
your account for payments and also withdrawals.
We advisable you to open an eWallet Account
(Neteller or Skrill are the best)
to send and receive money immediately and without
fees, especially if your currency is not supported by the bookmaker.
In fact, eWallet account works as a currency exchange, in practice you
charge money in your currency into your eWallet account and it converts them
into US Dollars, Euros, etc.., so you can use them to bet online
at bookmakers.
In Conclusion
We have chosen not to mention other alternative payment systems such as
Paysafecard or
Ukash, because we believe that all you need for betting
online is a current account for sending and receiving money to and from
your account with the bookmaker. You can use a prepaid card as an
alternative to having a bank account, but first make sure that it is
accepted by whichever bookmaker you have chosen. If you want something
with more professional that gives you the possibility of sending money
instantaneously, then open an account with Neteller or Skrill, transfer
money from your bank account and use it to send and receive payments
from the bookmaker. This means you don’t need a credit card.
Recently many bookmakers are accepting as a payment method even
Bitcoin, the
virtual currency used in the web, but we do not recommend this method of
transaction of money.
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