Best Paysafecard Betting Sites 2023
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Pros and Cons of Using Paysafecard Betting Sites
Pros
- Does not require a bank account, credit, or debit card to deposit
- You do not need to use this payment method in betting
- It is a fast method of making online payments at a betting site
- Paysafecard betting sites are safe and secure
- One of the most convenient payment methods
Cons
- Does not offer withdrawals for betting sites operating in the US
- Many sportsbooks are yet to accept this payment method on their platforms
What is Paysafecard?
Paysafecard is a secure payment method. It is a card that you can acquire from many retailers like online shops, eBay, Amazon, and local stores. Once you have acquired the card, you must set up an online betting account and provide the necessary information. Next, you can upload money into the card and use it like a prepaid credit card. You can use this payment method at betting sites that accept it. In 2020, Paysafecard integrated Apple Pay and Google Pay into its payment system, creating a winning combination.
Paysafecard was founded in Vienna, Australia, by Paysafe, a multibillion-dollar company. Since its establishment, the company has expanded its operations in five continents to over 50 countries, like Canada, Australia etc. In 2013, the company was acquired by Skrill, giving it a new home in the UK, where the UK’s Financial Conduct Authority regulates it.
Why Use Paysafecard for Online Betting
Paysafe is one of the most secure payment methods to use in online betting. Besides this, it offers several benefits. Let us look at why you should use this method for online betting.
Benefits of Paysafecard Betting Sites
One of the key benefits of Paysafecard betting is that it is very secure. If you choose to pay with Paysafecard, you do not need to share your credit/debit or bank account information with a betting site. Also, Paysafecard issues an encrypted 16-digit code that is unique to each user. Another benefit is that paying with Paysafecard is very easy and fast. You can use this method to min deposit funds for last-minute bets or promotions. Also, Paysafecard does not charge any processing fees for deposits and withdrawals. It is entirely free.
Fast Withdrawal & Deposit with Paysafecard Betting Sites
Depositing funds with Paysafecard is quite easy and fast. As long as you have the card and have registered an account with Paysafecard, you can deposit funds within a couple of minutes. Before this, you must upload funds from your bank account or card to the Paysafecard. Also, the deposits are usually instant. So, you do not have to wait for the transaction to be approved or processed.
Unfortunately, you cannot withdraw from Paysafecard if you are betting in the US. However, you can still use it for deposits and opt for a different withdrawal method. If you are not in the US, you can still use this method for payments and withdrawals at online betting sites.
Welcome Bonuses when using Paysafecard Betting Sites
Online betting sites, including Paysafecard betting sites, offer bonuses and promotions to keep players interested and maintain their loyalty. Welcome bonuses are the most popular offers. Most welcome bonuses require players to deposit funds into their bookmaker account first. Many Paysafecard betting sites allow players to use this method to upload deposits to qualify for welcome bonuses. However, before you do this, you should check the site’s terms and conditions for the welcome bonuses.
How to Deposit with Paysafecard Betting Sites
Do any taxes or fees apply when making deposits or withdrawals using Paysafecard
What many players love about Paysafecard is that it is free. It does not charge any taxes or fees. Most payment methods charge a percentage of your deposit amount as a processing fee.
However, with Paysafecard, the amount you request to deposit is the same amount that will get into your sportsbook account. However, Paysafecard does charge a $2 fee if your account if you leave your account dormant for over 24 months.
Alternatives to Paysafecard Betting Sites
While Paysafecard is a fantastic and secure payment method for online betting, there are several other great methods that you can also use as alternatives. Some fantastic alternatives are:
PayNearMe
This is also a secure method. To use this payment method, you must first physically visit a retail store like CVS or 7-eleven to deposit funds into your PayNearMe account. Also, you will need to visit an ATM for withdrawals. To make payments to a betting site using PayNearMe, you must get a barcode from the site’s cashier section, then visit a retail store to pay in cash. The retail store usually charges a small transaction fee. It is a secure payment method accepted by a lot of online bookmakers.
Visa
This is a widely accepted payment method for sports betting. There are numerous betting sits that accept this method for deposits and withdrawals. Visa is a safe and convenient payment method as you do not need to create an account to use it. Also, once you link your Visa card to your sportsbook account, deposits and withdrawals are quick to make. Additionally, Visa is a highly reputable brand. The downside is that it charges a 2.5 to 3% transaction fee and the payment operator can decline transactions.
PayPal
PayPal is a quick, reliable, and secure payment method for betting. It is widely accepted for withdrawals and deposits at betting sites. With PayPal, you do not need a separate account for different sportsbooks. You can use one account to pay on different sites that accept this method. It is a great method for live betting because the deposits are instant. The company also offers fast withdrawal times of between 24 to 48 hours. Also, PayPal only lends its services to legal and licensed betting sites. The challenge with this method is that it charges a 2.9% fee for deposits.
VIP Preferred
This is a highly convenient payment method for betting. Thanks to its high limits, VIP Preferred can be used for high deposits and withdrawals. Additionally, this payment method does not charge any fees for online betting withdrawals and deposits. It also offers free account creation. VIP Preferred is widely accepted by betting sites. However, clients complain of slow withdrawals and 7-day transaction limits.
Apple Pay
This is a popular payment method for iOS users. You can only use it if you have an iOS or Apple device. It is a secure and easy to use payment method. Apple Pay does not charge any transaction fees. The downside to this technique is that it does not support withdrawals.
Paysafecard Betting FAQ
Can You Use Paysafecard for Betting?
Yes, you can use Paysafecard for betting at sites that allow this payment method. You can use it to pay cash on an online betting site so you do not have to enter your bank account or credit card details. However, before using this payment method, you must purchase the card at a retail outlet then upload funds into it from your bank account, credit card, or debit card.
Which Bookies Accept Paysafecard?
A lot of bookies accept Paysafecard as a payment method. This article offers a list of bookies that accept this payment method. Some examples are Bet365, Everydame, RedStag casino, and AllBritish Casino. There are many options in different countries. So, when finding a bookie that accepts this payment method, you should consider your country.
What is the best Paysafecard betting site?
The beginning of this article features a comprehensive list of some of the best Paysafe betting sites in the online gambling sector. When choosing the best option from the list, you must consider some key factors like the site’s safety, its licensing, the quality of the odds, games offered and more. You can also consider the betting site’s ease of use and mobile compatibility. Comparing the sites to each other will help you find the best one.
Can I Deposit Money from Paysafecard to my Sportsbook Account?
Yes, you can deposit money from your Paysafecard to your sportsbook account. The process is also quite simple. The first step is acquiring the Paysafecard from a retailer near you or an online store like Amazon and e-bay. Next, you must set up an account with Paysafecard and give all the necessary information.
From there, you can upload funds from your bank account or card into the Paysafecard account and begin using it like a prepaid credit card. Once you have funds in the Paysafecard, you can easily deposit them to your sportsbook account through the cashier section of the betting site.
Is Paysafecard safe to deposit at betting sites?
Paysafecard is one of the safest online betting payment methods. This is majorly because you do not have to share your bank account, credit card, or debit card details on the betting site. Also, when you use Paysafecard, you will be issued a 16- digit code unique for each card, which increases its security. Additionally, Paysafecard has a mobile app that you can use to check your balance and monitor your transactions. The Paysafecard brand works hard to ensure its safety so as to protect its brand’s positive image.
Is It Free To Use Paysafecard For Online Betting?
One of the best things about Paysafecard is that it is entirely free. This payment method does not charge any fees for deposits. So, the amount you choose to deposit to your sportsbook account is the exact amount that will be uploaded. Also, there are no taxes or processing fees when using Paysafecard. Other charges like withdrawal costs may differ depending on the sportsbook site and its terms and conditions.
What countries are allowed to use Paysafecard?
Paysafecard is accepted in over 50 countries in five continents. Some of these countries are USA, UK, Canada, Australia, and more. However, the terms and conditions for using this payment method in betting differ in various countries. For instance, in the US, you cannot withdraw using this method. So, it would be wise to consider the terms in your country before using this method.
