How Deposit Money into Betting Account
Playing for real cash on bookmaker or casino websites always requires a real money wager. Generally, betting sites will accept the wager before you can place your bet. The payment process on legitimate gambling sites is usually made simple, as long as the punter is of legal gambling age and resides in a country where gambling is legal.
Even though it is a plus, easy of payment should not be the only thing used to assess a betting site. Since you are about to give your hard-earned money to a gambling site, you must ensure your financial details are in safe hands. A website willing to protect its customers from fraud will have an encryption protocol to safeguard all user information from third-parties.
Because deposit processes on most betting sites are very similar, our guide will help you a great deal no matter the type of online gambling you are into, also you can read betting tips.
How to Deposit at a Betting Site
Before you can deposit into a betting account, you must have completed your registration process and become a verified user. Once you are logged into your account, you can access the deposit page. Most betting sites offer several options when it comes to funding your account, to make the process as hassle-free as possible. In some cases, you will be required to select your preferred currency at the point of registration. This helps the gambling site filter and offer which payment methods suit your account.
Depending on the bookmaker you are dealing with, there are several payment methods widely used for online transactions. The most popular ones you are likely to find on reputable bookmaker websites are listed below:
Visa: This method of payment is used worldwide and known for legitimate transactions. So if you find this payment option listed on a gambling site, that’s a good sign. It is also known for fast processing time.
MasterCard: MasterCard is popularly known as one of the safest payment methods. It is widely accepted among gambling sites, so you will most likely be offered this option.
PayPal: This e-wallet is perfect for transferring funds online as it is instant and doesn’t require any charges. Most top-notch betting sites offer PayPal as a deposit option.
Skrill: This e-wallet has become popular among bookmakers in recent times. This is a great alternative to Paypal, although it requires some changes.
Asides the payment methods listed above, you are likely to find other options. We recommend you opt for a safe and fast method of deposit, to ensure your funds are processed in due time. After choosing a deposit method, you will be asked for your financial details to process your payment. Usually, a deposit form will need to be completed, with details such as the amount you wish to deposit, and your deposit limit, to enable you to keep your spending in check. After all the information required has been provided, you can now submit and your deposit will be processed.
The payment method chosen will determine how fast your funds will reflect in your user account. Deposit made via e-wallets and credit/debit cards are known to reflect within an hour. For easy withdrawal, we recommend you use the same method used to deposit your funds unless you have used the MasterCard, Paysafecard or Maestro option, which cannot be used to make withdrawals online.