Most Popular Sports Betting Deposit Methods

There are many factors to consider when betting online. The value of the odds and sportsbook promotions are two of the most common considerations for most sports gamblers but there are other factors to think about when betting online. Deposit methods is one example and it would be impossible to bet online without making a deposit.

You must transfer your funds from your bank account to the online sportsbook to bet on sport. Today, we have a wide range of sports betting deposit methods and you can find some of the most popular methods below.

Credit and Debit Cards

We still use debit and credit cards regularly in everyday life and online sportsbooks offer both types of card as a deposit method. Credit and debit cards are popular when betting online because most people have at least one debit or credit card. They are used by people to make other types of purchases, such as groceries and products, meaning there are many people who are used to using a credit or debit card daily. 

Every regulated online sportsbook has security in place to ensure your card details are never stolen but some gamblers are moving away from using this form of sports betting deposit method despite the fact you can also withdraw using debit cards. There are other, more convenient deposit methods available to use for those who do not want to enter long card numbers when making a deposit.

PayPal

You must create an account before you can use PayPal as a sports betting deposit method but it is quick and easy. Once you have an account with PayPal, you can connect you card and bank details to the account and PayPal use the latest military grade security, so your details are always safe. 

The benefit of using PayPal as a sports betting deposit method is you do not need to enter your card or bank details every time you want to make a deposit. Instead, all you must do is select PayPal and login to your PayPal account, enter the amount you want to deposit and click send. It is a safe, simple, and quick process and that is why many people choose to use PayPal when depositing money for sports betting online. Now lots of US sports betting sites accepting PayPal are keen for players to use this method because of the safety and convenience plus you can both deposit and withdraw funds.

Skrill and Neteller

Skrill and Neteller offer similar services and are owned by the same parent company. Much like PayPal, you must create a Skrill or Neteller account before you can use either method to make a sports betting deposit. You can link your account to one or more of your payment methods, such as a debit card and bank account and deposit and withdraw funds when sports betting. 

When using Skrill or Neteller to make a sports betting deposit, you must login to your account and select the amount you want to deposit, it is that simple. You never have to enter your card or bank details on the sportsbook, which is why Skrill and Neteller remain two of the most popular online sports betting deposit methods. However, there are fees attached to using their services and you must be aware of these before you make a deposit.

Paysafecard

When signing up for Paysafecard, you will receive a 16-digit PIN you use when making payments at websites that accept their services, such as online sportsbooks. You can deposit funds from your bank account to the card and that means you can only ever use the amount available on the card at the time. This is an effective way to control spending and you can set gambling limits. When making a deposit at an online sportsbook, simply enter the pin number followed by the amount of money you would like to deposit. 

Similar to PayPal, Skrill, and Neteller, the main benefit of using Paysafecard for online betting is you never have to enter your bank details but you cannot withdraw back to your Paysafecard.

Apple and Google Pay