Jeton betting sites might be new to the fray, but they are becoming more popular by the day. However, as is the case with all slightly newer payment options, there are a few things you’ll need to know about using Jeton, including some pros and cons. So, keep reading and we’ll get you up to speed.
Benefits of Choosing Jeton as Your Preferred Betting Payment Method
There are plenty of good reasons to use Jeton as a payment option. Below, you’ll find a few of the advantages and why it is becoming such a popular betting payment method:
- Instant transactions: Some payment methods can take several minutes or even hours to process. Luckily, that isn’t the case for Jeton. Your funds will be available for you to bet with the second you make a deposit to your account, meaning you can get in on the action straight away.
- Global accessibility: Jeton is available in 27 countries and for multiple currencies. This includes British Pounds, Euros and Australian Dollars. So, whatever currency you want to deposit to your betting account, you’ll most likely be covered.
- Multiple payment options: You can fund your Jeton account with one of more than 50 payment options. That includes credit/debit cards, bank transfers and several of the world’s most popular cryptocurrencies.
- Deposit and withdraw with it: You can use Jeton for both deposits and withdrawals at Jeton betting sites, which isn’t true of all payment options, saving you time and hassle.
- Security: By using a two-step authentication process which is ISO 27001 certified, this means that any money deposited into a Jeton account will be safe and secure.
- No hidden fees: Jeton doesn’t charge processing fees. It doesn’t matter if you are making a deposit or a withdrawal; the payment method you use also doesn’t matter, so you’re never going to pay anything for the privilege of using it.
- Privacy: When you fund your betting account via Jeton, you won’t need to enter any personal details, just a few details linked to your Jeton voucher. This gives you far greater anonymity than traditional payment methods, such as credit cards and bank transfers.
- Bonus availability: Not all payment options can be used when claiming deposit bonuses. Luckily, Jeton is generally not excluded from this type of bonus. This is a great benefit of Jeton for new players since this exclusion often applies to welcome offers and can result in missing out on the sign-up offer.
How to Make a Deposit for Betting with Jeton
If you want to play for real money at a betting site that accepts Jeton, you’ll need to open an account and deposit money before you can place your first bet. Unless that is, you are lucky enough to claim a no-deposit welcome bonus, which is pretty rare these days.
Here’s what you’ll need to do:
- Create a Jeton account: Make your way to the Jeton website. Jeton was created with mobile in mind, so, you can also choose to download it in the App Store or Google Play and follow the steps within the app to get started. Complete the process by entering your personal details including your name, address and date of birth.
- Verify your identity: Since Jeton provides financial services, it’s essential that you prove that you are who you say you are. This is required for security purposes and protects both you and Jeton from potential fraud.
- Fund your Jeton wallet: Choose from their wide selection of payment methods: debit and credit cards, bank transfers and cryptocurrencies are all options, so pick one that suits you.
- Choose a Jeton betting site: We’ve made it easy for you. We have compiled a carefully curated list of recommended sports betting sites that all accept Jeton. You can read our reviews and then simply pick one you like. Open an account at your chosen site and log in to get started.
- Decide what you want to deposit: Navigate to the sports betting site and click ‘Deposit’. Select Jeton as your depositing method, then indicate how much you want to add to your account.
- Enter your Jeton details: Enter the 19-digit voucher number, the 4-digit security code and the expiration date. Confirm the transaction. You’re now ready to place your first bet.
How We Choose the Best Jeton Betting Sites
We don’t take the process of adding new betting sites to our recommended list lightly. We sign up for the site, make deposits using various methods, and give the whole site a proper test drive. Here are a few of the important aspects we look into:
Security measures
At the top of our list, we’ll look for sites with state-of-the-art encryption to ensure the protection of your financial information. A betting site that prioritises its financial security will likely also prioritise the safety of your information from the risk of fraud and money laundering, so if it’s on our list, you can be assured that it’s as safe as it possibly can be.
Betting Licence
Another thing we look into to ensure that you are protected at a betting site is by looking into their betting licence. This is a big deal, as there are sadly plenty of nefarious betting sites out there that don’t hold a valid license.
Also, some licences are more strict than others; for example, we highly rate those who hold a UK Gambling Commission licence and one from the Malta Gaming Authority.
Holding such a licence means that a betting site needs to meet strict guidelines such as promoting responsible gambling, implementing security measures, deciding whether the Directors are ‘fit and proper’ people and having the funds put to one side to pay out on all customer’s winning bets.
Welcome Offer and Other Promos
Welcome bonuses are pretty much a given at any betting site, including betting sites that accept Jeton as a banking method. We check to see if the offers are generous and easy to claim.
We also look into their T&Cs to ensure they aren’t tricky to claim or impossible to wager through. Ideally, we try to find bonuses that don’t place wagering requirements on winnings.
Then, we review the rest of their bonus offers. Are they frequent and varied? Do they offer you good value? Are their bonus terms fair? Is there something special for regular and VIP bettors?
Payment Flexibility
The best platforms offer multiple banking options, including varied payment options, from bank transfers to cryptocurrencies and everything in between. And speaking of currencies, the more that are accepted, the better.
Quality of Odds
It’s not just about quantity, it’s about quality. And quality really comes into play when looking at the odds. This should apply to all the sports on offer and across all the different betting markets.
Offering higher-than-average odds makes a huge difference to you in the long run. For all the extra frills that all Jeton betting sites may have, none of them is as important as the quality of the odds on offer. At least not in terms of your overall profit and loss.
Range of Sports and Markets
Let’s face it: most sports fans and bettors like diversity in their betting. One of the best things a Jeton sports betting site can do to keep its customers happy is to offer as many as possible, from obvious classics like football and horseracing to under-the-radar sports such as lacrosse and speedway, and smaller leagues within those sports.
We also check that within each sport, there’s plenty of choice of betting markets and features, such as outrights, handicaps, early payouts and Bet Builders, for example.
On-site Content
Besides markets, the odds, legal requirements and security, the most important thing for us to test is the user experience, of which on-site content is a huge part.
Are there on-site guides and previews? A good set of FAQs? Are live scores posted to help you keep track of your bets? How about the availability of live streaming? Or stats? The more tools and the better their quality, the better we’ll rate the site.
Disadvantages of Betting Sites With Jeton
But, of course, no payment option is perfect. Even the best options have inherent flaws. So, where does Jeton fall short? Here are some of the disadvantages:
- Not as readily available as other methods: Jeton is steadily growing its user base with a million customers and counting, but it hasn’t quite reached the level of better-known payment options. This means that it’s not yet universally available at bookmakers, especially when compared to debit cards, Bitcoin or PayPal.
- Limited funding options: While Jeton has a decent range of options to fund your account, including several cryptocurrencies, it still lacks one option: e-wallets. Neither Skrill nor Neteller is currently available to use as a payment method to fund your Jeton account. For now, you’ll need to go via a more traditional route or at the other extreme, add money to your account via cryptocurrencies.
- Card balance capped: Jeton is great for a number of reasons, but one place it isn’t great is when it comes to its maximum balance. You can only have €250 in your Jeton account at any given time. If you are a big spender and looking to deposit large amounts so you can place big bets, you might need to try a different payment method.
Most Important Things to Remember When Betting With Jeton
Before you head on your way and open an account at one of our recommended Jeton sports betting sites, here are a few things we suggest you keep in mind:
- You need your Jeton details on hand: It’s unlikely you’ll be able to memorise the 19-digit voucher number, 4-digit security code and the MM/YY expiration date. And you’ll need all these details when making any online purchases (including funding your betting account). So be sure to keep them in a safe place, but on hand, when you are ready to fund your account.
- You can withdraw to it as well as deposit: Unlike some digital payment solutions such as Paysafecard, you can withdraw to Jeton as well as deposit from it, so you can keep all your transactions under one roof.
- You can’t fund it using an e-wallet: If you want to add money to your Jeton account via the likes of Skrill or Neteller, you’ll be out of luck. Debit cards and crypto are available, though.
- Can I claim a bonus with Jeton?: So, that begs the question: can you claim bonuses, including welcome offers, if you use Jeton as a payment method? The answer, at least for the majority of the time, is yes. Before claiming a bonus, make sure that Jeton isn’t on the list of payment providers excluded from bonuses on your chosen betting site.
- Jeton is available anywhere that accepts Visa cards: Jeton works similarly to a debit card/credit card, but without of a lot of the traditional hassle. You can access an online account or receive a physical card. Either way, you’ll enter many of the same details you would when making online purchases with a visa card such as the card number, security code (similar to the CVV in this case, but with four digits) and the card expiration date.