What is the Best Payment Method to Use With Bookmakers and Casinos?

What is the Best Payment Method to Use With Bookmakers and Casinos?

With thousands of different online bookmakers and online casinos out there, consumers have a lot of choices when it comes to selecting which one(s) to use. Many online casinos and sports betting sites try to differentiate themselves by offering great customer support, lucrative bonuses, and easy-to-use mobile apps. 

Another way they try to stand out from the competition is by offering a wide selection of payment methods. This gives bettors the freedom to choose the payment method that works best for them, whether they want the convenience of PayPal, the familiarity of Visa and Mastercard, or the ability to use cash with Paysafecard. 

If you’re unsure which payment method is best, here’s a helpful guide.  

No “Best Method”

While some websites might try to claim that one payment method is better than another, the reality is that it’s much more of a personal choice. Everyone has different circumstances, needs, and preferences, and therefore the “best payment method” is really “the best payment method for you”. 

With that in mind, here are the major payment methods. 

Payment Wallets

Payment wallets like PayPal, Skrill, and Neteller are widely accepted by online casinos. They give you a lot of flexibility to deposit and withdraw money quickly and with a multitude of different funding sources.

PayPal is the best known, so you won’t struggle to find an online paypal casino in UK. It is likely you will already have a PayPal account since it’s common among eBay users and accepted in many other online stores. 

Skrill and Neteller are lesser-known but widely accepted amongst online casinos. Skrill even allows you to make deposits with cryptocurrencies like Bitcoin and Ethereum. 

Visa and Mastercard

Visa and Mastercard are popular payment methods among users of online casinos and sports betting sites because most people already have a Visa or Mastercard. In the UK, depositing money via a credit card is no longer permitted, however, you can still use your debit cards. 

Visa and Mastercard are great payment methods for anyone looking for simplicity. You almost certainly already have one, so you don’t need to create a new account, verify your ID any extra times, or remember another password. 

Paysafecard

Paysafecard is a popular payment method for anyone that wants to make deposits in cash. You can buy or top up a Paysafecard at one of the thousands of local shops in the UK that offer them, and then type in the unique code from the back into the online casino’s website to make your deposit. 

If you don’t have a bank account or want to control the amount you spend in an online casino, the Paysafecard is a great way to make deposits. 

Pay by Phone

Pay by phone is another great way to make deposits to an online casino or sports betting site. Instead of coming out of your bank account or payment wallet, pay by phone adds a charge to your mobile phone bill instead. The money is then collected at the same time as your phone bill in a single transaction. 

This method is great for anyone wanting to make small deposits and would like to keep the transactions off their bank statements. 


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How it works:

  1. Place a Win or Each Way single bet at odds of 4/1 or more on any horse running in a race televised live on ITV Racing.
  2. If your first single bet on that race wins, you will qualify for a risk free bet to the same stake (up to £50*) on the next race broadcast live on ITV Racing.
  3. Place your risk free bet using existing funds and if the bet loses we will refund your stake (up to £50*).
  4. If your risk free bet also wins at odds of 4/1 or more, you qualify for a risk free bet on the next race televised live on ITV Racing.
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See Significant & Full Terms and Conditions below

View Latest Odds

ITV Racing 4/1 Offer Races:
Day Race
Last ITV Racing 4/1 Offer Race 21st March – 3.40 Thurles
Significant Terms and Conditions
  • This offer is only available to new and eligible customers.
  • This offer applies to the FIRST single bet placed by a customer on each race shown live on ITV Racing.
  • This offer will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, any refund amount or subsequent risk free bet amount will be equal to the remaining active stake.
  • If a qualifying bet is edited using our Edit Bet feature, any refund amount will be equal to the new stake and not the original stake. Where a risk free bet is changed using Edit Bet, no refund will be given and the offer will no longer apply.
  • Where more than one selection in the same race is placed on the same bet slip, the first selection is deemed to be the one which is highest on the bet slip.
  • Offer applies to bets placed on Win and Each Way Fixed Odds markets and Enhanced Place Terms markets only. All other markets, including adjusted place terms (Each Way Extra), Ante-Post bets and Tote/Pari-Mutuel/Colossus (bets and dividends), are excluded from this offer.
  • Bets must be placed in the usual way and can be paid for from either your Withdrawable Balance or Bet Credits. Bets placed from your Withdrawable Balance will be refunded to your Withdrawable Balance and bets placed using Bet Credits will be refunded as Bet Credits.
Full Terms and Conditions
Qualifying
  1. This offer is only available to new and eligible customers. You can see a full list of your available offers by logging in and selecting the Offers section on mobile or the Promotions section on desktop. bet365 maintains a record of customer contact in relation to eligibility for offers and this record, including the date and time of any restrictions being imposed, will be final in the event of any dispute.
  2. Offer applies to the FIRST single bet placed by a customer on each race broadcast live on ITV Racing following the final declarations. Where more than one selection in the same race is placed on the same bet slip, the first selection is deemed to be the one which is highest on the bet slip. Offer applies to bets placed on Win and Each Way Fixed Odds markets and Enhanced Place Terms markets only.
  3. Maximum risk free bet amount is £50* per customer, per race. Risk free bet winnings exclude stake. Bets must be placed in the usual way and can be paid for from either your Withdrawable Balance or Bet Credits. If your risk free bet loses, your stake will be refunded to your account within one hour of the race finishing. Bets placed from your Withdrawable Balance will be refunded to your Withdrawable Balance and bets placed with Bet Credits will be refunded as Bet Credits.
  4. In the event of ITV Racing not showing all races live, risk free bets will stand as per the bet365 ITV Racing 4/1 Offer Race Schedule advertised on site.
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Restrictions
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  4. This offer only includes races broadcast on ITV Racing unless otherwise stated by bet365.
  5. This offer only applies to bets placed via mobile, tablet or desktop. Bets placed using our Telephone Betting service will not qualify for this offer.
  6. Where you are unable to place the maximum risk free bet amount due to restrictions on your bet, we will credit the difference between the maximum risk free bet returns and your actual returns.
  7. This offer will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, any refund amount or subsequent risk free bet amount will be equal to the remaining active stake.
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General
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Significant Offer Terms and Conditions

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    Games Stake Contribution Wagering required to release bonus funds
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  • A bet on a single game round cannot exceed 30% of the matched bonus.
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Withdrawing
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General Information
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  • bet365 may reclaim any bonus amount that has been awarded in error.
  • bet365 may, at any time, make minor amendments to this promotion to correct typos or to improve on clarity or customer experience and may cancel this promotion for legal or regulatory reasons.
  • Employees, officers and directors of bet365, its promotional or other agencies, licensees and licensors, service providers and any other associated or affiliated companies shall not be eligible for the promotion. The same terms shall apply to the direct families of such persons. This is an advertisement

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