The abundance of payment methods available for depositing and withdrawing money into and out of betting sites means there’s never been more choice. In some regards, choosing a payment method is similar to choosing the right sportsbook for you. Getting it right the first time will, in both cases, save you time, possibly money, and some frustration. An increasingly popular option is to use Paysafecard betting sites.
Benefits of Choosing Paysafecard as Your Preferred Betting Payment Method
Let’s kick things off by considering some of the advantages of playing at betting sites that use Paysafecard. There’s plenty to like about this payment option, which has been around since 2000:
- There are plenty of Paysafecard betting sites: In fact, there are probably far more sports betting sites that do accept it than those that don’t. That means that if you decide it’s a good option for you, you can pretty much take your pick from any Sportsbook, because they’re likely to accept it. We’ve listed what betting sites accept Paysafecard on this very page.
- Speed: Deposits are instant, so as soon as you press that ‘deposit’ button, you’re ready to start playing. Withdrawals shouldn’t take more than 24 hours to come through, making it one of the quickest payment options around.
- Security: Not one of the coolest aspects of sports betting, but one of the most important. SSL and 128-bit authentication, similar to what banks themselves use, ensure no one is going to steal your data or money.
- No fees: Buying Paysafecard vouchers is free. Crucially, so are any transactions, meaning each time you move money in and out at betting sites with Paysafecard, there are no fees there, either. This can’t be said for all betting payment methods.
- Handy and easy-to-use app: Not having your Paysafecard or Paysafecard pin number on hand doesn’t prevent you from using it. The lightweight app gives you access to your Paysafecard funds wherever you are.
- Greater anonymity: Paysafecard allows you to keep personal details, banking data, and bank statements (there aren’t any) away from prying eyes and maintain your anonymity.
How to Make a Deposit for Betting with Paysafecard
We’ll assume that you already have a funded Paysafecard account that you want to use to deposit into your sportsbook account. These are the steps you typically need to follow to make a deposit:
- Log in to your betting site that accepts Paysafecard.
- Go to Banking/Deposit or just Deposit.
- Select Paysafecard as your deposit method.
- Choose the amount you wish to deposit.
- If you have a physical voucher, you’ll then need to enter the 16-digit PIN code.
- If you have a Paysafecard account, you’ll need to log into it and make the deposit to the Paysafecard betting site from it.
- Confirm the transfer and the funds will immediately appear in your account.
How We Choose the Best Paysafecard Betting Sites
There is no shortage of Paysafecard betting sites these days, with both old and new betting sites keen to accept it. But to paraphrase the famous George Orwell phrase, some UK betting sites that accept Paysafecard… are more equal than others. Here are some key considerations.
Which Gambling Licence Does It Hold?
Ideally, you want the betting site to hold a UK Gambling Commission Licence. The hardest to obtain and keep, it’s almost a guarantee the site will act in a safe and ethical way as it goes about its business, protecting you, your money and data, in the process.
The Malta Gaming Authority (MGA) licence is also reputable, whereas the Gibraltar and Curacao licences may be less so, but they still come from authorities that provide a certain level of protection for players.
Which Sports and Markets Does It Offer?
For sure you can bet on the likes of horse racing, football, tennis and cricket. Almost all sites offer those. But some punters may prefer surfing, or chess, or hurling. Does it offer all those, too? What’s it like for the uber-popular Bet Builders? Does it just have them for football or other sports, as well?
The more sports and the quantity and variety of markets within those sports, the higher the Paysafecard betting site will score.
What Welcome Offer and Other Bonuses Can You Claim?
These days, welcome offers tend to come in the form of free bets, almost always dependent on you making a deposit and very often on you placing a qualifying bet. The smaller the deposit and/or the qualifying bet, the better. And the bigger the value of the free bet, the better, as well.
Beyond that, betting sites that use Paysafecard get brownie points for offering additional bonuses like further free bets, Odds Boosts, Best Odds Guaranteed and others. The more of them there are and the greater value they give you, the more brownie points!
What Extra Features Do They Have?
Bet Builders are a sort of feature in their own right. Others are a good supply of high-quality live streaming across lots of sports, the useful Cash Out feature, on-site stats and analysis for horse racing. Ideally, there’s also a well-written, informative, knowledgeable blog offering insightful info ahead of big events, plus some good value betting tips.
Are Their Odds Good?
Generous odds across all sports on different markets are the single most important factor when it comes to your profit and loss. So, betting sites giving you a fair crack of the whip get marked up, while Sportsbooks offering stingy, below-average odds on a consistent basis inevitably get marked down.
Disadvantages of Betting Sites with Paysafecard
Of course, no payment option is perfect or without its drawbacks. Here are some negatives about using Paysafecard as a payment option at betting sites.
- Not the biggest daily limits: Paysafe is quite strict about the total amount you can spend on a daily basis. Even though you can use multiple pins during the same day to increase the number of transactions you’re executing, you won’t be able to transfer more than £250 in a day. This means that it is not suitable for high rollers.
- You can’t always withdraw to Paysafecard: Whereas many betting sites allow deposits using Paysafecard, some don’t allow withdrawals back to it. If the site comes under the latter category, you’ll have to withdraw via a bank transfer or the likes of Skrill or Neteller, meaning you’ll need to have an alternative option to Paysafecard to get your money out.
- Paysafecard isn’t free: Well, it is for the first six months, but not after that. You’ll be charged a £3 monthly fee just for having an account. This may not seem like much, but considering other payment methods like PayPal are free for a standard account, it’s a (small) expense you could do without.
- Not accepted in all countries: The UK, Ireland, Italy, France, USA, Australia, and Germany are all examples of countries where you’ll be able to buy and use Paysafecard, as are most European countries. But it’s accepted in just over 50 countries, so you might not be able to use it in your country.
Most Important Things to Remember When Betting With Paysafecard
A good way to round things off. Let’s look at some of the key considerations to remember when using Paysafecard at betting sites.
- Using it may prevent you from claiming a bonus: Always read the terms and conditions carefully to see which methods will exclude you from getting the bonus. If Paysafecard is on the ‘blacklist’ of methods you can’t use to deposit, you’ll have to use an alternative if you want to get your hands on that bonus.
- Don’t forget about the withdrawal situation: Not unique to Paysafecard, but important, nonetheless. Many UK betting sites now have a policy of customers having to withdraw to the same payment option they used to deposit. Also, remember that not all Paysafecard betting sites allow withdrawals to Paysafecard. So, if they don’t, you’ll need to set up an alternative method in order to get your money out.
- Fixed amounts, daily limits: When topping up your Paysafecard balance, you’ll need to do so in fixed amounts like £10 or £25; you can’t do so for a random amount like £12.50. So, remember that you may often have to purchase a bit more than your optimum amount. Also, remember those daily limits of £250, so make an alternative plan if you’re thinking about depositing more.