Last Updated on:
Paysafecard sports betting is growing in popularity and there are many punters who enjoy visiting Paysafe betting sites to use this payment method to fund bets on their favourite sports. People use Paysafecard because it’s a very convenient way to safely pay for goods online, and it’s largely free to use on the vast majority of Paysafecard betting sites. It’s a good alternative to traditional payment methods, such as credit card betting and Paypal betting.
But if you visit a bookmaker, Paysafecard might not be one of the available payment methods. So we will help you find the best Paysafe betting sites who allow you to use one of the fastest growing online payment options.
The basic premise of Paysafecard is that you buy a prepaid Paysafecard voucher either in a shop or online, and each voucher comes with a 16-digit code that you can enter in order to pay for goods online. This PIN code is completely independent on your regular bank account or credit card which helps to add a further level of security to using this payment option.
Paysafecard can only be using for paying for goods online. There are thousands of places online that take Paysafecard payments from communications brands like Skype and Facebook, to many online gaming sites such as PlayStation 4 and League of Legends.
Denominations for purchasing Paysafecard varies from £10 to £100. Every time that you pay for products with Paysafecard, the amount will be taken off your Paysafe balance, meaning that you can use the same PIN code numerous times. Checking previous transactions with Paysafecard is simple, as you can log on the brand’s site, enter your PIN and look at your transaction history.
Paysafecard is also largely free, as the brand earns their money through the merchant’s transactions which means that the costs aren’t passed onto you. However, there may be some fees for purchasing goods in different currencies, and if you have an amount refunded, then you might also encounter a fee. The same can be seen in Skrill betting.
As there were an active two million Paysafecard users each month in 2016 alone, it shows that this relatively new payment brand is becoming increasingly popular. Paysafecard started operations in 2000 in Austria, but has since grown to be used in over 40 nations including the UK, the USA, Germany, France, the Netherlands, Italy, Spain, Denmark, Sweden and Australia.
With over 600,000 sales outlets worldwide, you shouldn’t be stuck for places to buy your Paysafecard vouchers. And with thousands of online shops and services now taking Paysafe payments, it seems that the Paysafecard revolution has just begun.
Most bookmakers give you a good choice of options for adding funds to your betting account. Alongside credit and debit cards, e-wallets, bank transfer and cryptocurrencies, there should also be the facility of prepaid cards such as Paysafecard. Here are a few of the reasons as to why Paysafecard could be a good option for funding your sports bets.
So let’s have a closer look at the key reasons why Paysafecard could prove to be a good way to add money to your account at a bookmaker’s website.
Once you have made your choice from a large range of Paysafecard betting sites, then you should find that it’s remarkably simple to use Paysafecard. Rather than having to take the time of entering all the details of a credit card or debit card, you can simply add funds to your account by inputting the short Paysafecard PIN code. As soon as you have done this, then you just have to decide how much you want to deposit, and the money will instantly land in your betting account.
Once you have bought a Paysafecard voucher, then you won’t have to use your regular banking funds again. Paysafecard will keep your wagering funds separate from your bank account which means that it adds an extra level of protection to your money. In the very unlikely event that a hacker managed to compromise your betting account, then your bank details wouldn’t be exposed. We should also mention the fact that using Paysafecard means that you can also make online payments completely anonymously.
As you can only buy Paysafecard vouchers in denominations of between £10 and £100 at a time, it means that you will get an extra level of control over your spending. Once you make your deposit at a bookmaker, Paysafecard funds cannot be overdrawn which means that there is no danger of you accidentally spending too much. This is very useful in the sports betting realm where it’s all too easy to get caught up in the action and wager beyond your means. So if you are having problems in sticking to your betting budget, then Paysafecard could prove to be an invaluable option.
Like any online payment method, Paysafecard does have a handful of disadvantages. Here are a few reasons as to why you might want to consider other payment options.
Whilst paying for goods online with Paysafecard is quick and simple, the fact that you can’t normally withdraw to Paysafecard is a big reason why this payment method might not be ideal. If you want to be able to withdraw your wagering winnings, then the chances are that you will have to make a bank transfer. This means that it could take you anything up to seven working days to get your hands on your winnings. However, we should mention that the payment brand have recently introduced their My Paysafecard feature that allows you to withdraw from some online casino sites.
We have found that the vast majority of online bookmakers will happily take payments from Paysafecard. However, we should note that there are a few bookies who have yet to facilitate Paysafecard payments, and as a result, you might not be able to access the greatest possible range of sports betting odds if you chose to use Paysafecard. Despite this, we have to state that there are plenty of great Paysafe betting sites out there, so you shouldn’t have too much of a problem.
As Paysafecard is only available in a fixed number of denominations, like £10, £25, £50 and £100, it means that you are bound to these figures when you buy the Paysafecard vouchers. Whilst this shouldn’t be an issue for most people, if you want a little more flexibility over how you move your money around, then an alternative payment method might be a better idea.
Paysafecard is a payment option at many of the world’s best sports betting sites. Here is just a small selection of some of the best bookies who take Paysafecard deposits.
All UK sports betting fans will know about William Hill. This classic UK bookie takes Paysafecard deposits from between £10 and £200 at a time, and by doing so, you can instantly have money in your account to wager with. You won’t be able to withdraw back to your Paysafecard, but you can make a bank transfer of your winnings from between £25 and £99,000. Just bear in mind that bank transfers may take up to 10 working days to show up in your account, and you might also need to provide some identification in order to authorise the withdrawal.
This hugely popular European bookmaker facilitates Paysafecard deposits from as little as £10 at a time, and 888sport state that it should only take up to 10 minutes for the money to show up in your account. 888sport allow you to make withdrawals via a bank transfer or even back to Visa and Maestro debit cards. You can withdraw to these debit cards from £3 at a time, whilst bank transfer withdrawals have a minimum £10 threshold. Both withdrawal methods may take up to eight business days, and you might need to provide some photographic identification.
You can make Paysafecard deposits from as little as £5 at a time on the Paddy Power website, but it looks like you might not be able to use the bookie’s app to put money in your account with Paysafecard. Obviously you can’t withdraw back to your Paysafecard, but this famous Irish bookie allow you to make bank transfer withdrawals from £10 at a time, and you will probably need to show a copy of a bank statement and some photo ID in order to make your first bank transfer withdrawal.