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Contents

Tipico Payment Methods Review

Kirill | 2020-05-03 |

Tipico is a great choice for sports bettors because of their fantastic betting bonus and variety of different betting markets. Furthermore, we can’t leave out the available Tipico payment methods.

We will show you which payments methods are offered by one of Europe’s largest sportsbooks and which ones are the best to deposit and securely withdraw your funds.

Tipico Payment Methods Overview

Check the table below and get all relevant information about deposit times, fees and minimum deposit amounts for the available Tipico payment methods.

Which Tipico Payment Method is the Best?

As you may have noticed, eWallets are the most convenient way of depositing money to your Tipico account. Our eWallet Deals will give you some special benefits on top if you sign up with Skrill, Neteller, or ecoPayz through us. You will basically receive additional cashback on your transactions, benefit from higher transfer and withdrawal limits, and lower fees in general. Please check out our recommended deals by clicking on the link below. Trust us – you will not be disappointed!

Tipico Payment Withdrawal Methods

Skrill Withdrawals from Tipico

Making withdrawals to your Skrill account is really easy and it rarely takes more than a day to receive your funds. Each transfer is checked manually by Tipico employees and the processing of three withdrawals per calendar week is free of charge. If you request more than three transactions in one week, you will be charged with a €5 processing fee from the payout amount for each withdrawal.

You can withdraw a maximum amount of €10,000 per transaction.

Neteller Withdrawals from Tipico

Neteller is another great method to withdraw money from your Tipico account. Just like Skrill there are no fees and your funds are available soon after.

Afterwards each transfer is checked manually by Tipico employees and the processing of three withdrawals per calendar week is free of charge. If you request more than three transactions there will be a €5 processing fee from the payout amount for each withdrawal.

Besides that, there is a maximum of €5,000 per transaction for Neteller withdrawals.

PayPal Withdrawals from Tipico

Tipico provides you with the option to withdraw funds to your PayPal account. Transfers to PayPal are usually processed within a few hours.

Each transfer is checked manually by Tipico employees and the processing of three withdrawals per calendar week is free of charge. If you request more than three transactions you will be charged with a €5 processing fee from the payout amount for each withdrawal.

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Regardless, the maximum amount you can wthdraw to your PayPal account in one transaction is €5,000.

Bank Transfer Withdrawals from Tipico

You can withdraw funds from Tipico to your bank account. Tipico employees will check each transaction manually and there are no automatic transactions. This process may take 3-7 bank working days in certain regions and also your bank may charge you additional transfer fees.

The processing of three withdrawals per calendar week is free of charge. However, Tipico will charge every other payout with a processing fee of €5.

The maximum amount you can withdraw to your bank account in one transaction is €100,000.

Even though bank transfers are offered as a Tipico payment, we highly recommend you to use an eWallet like Skrill or Neteller instead. Withdrawal and deposit process times are way faster and besides that Tipico will not charge you additional fees.

Does Tipico Support Credit Card Deposits and Withdrawals?

Yes, Tipico customers can deposit funds into their betting accounts using VISA and MasterCard. When making a deposit, funds will be available immediately and there are no processing fees charged.

Does Tipico Support PayPal Deposits and Withdrawals?

Yes, Tipico is one of the few online bookmakers who accept PayPal as a payment method. Customers benefit from immediate deposit time and there are also no fees when transferring money to Tipico. Additionally, you can find the full details about PayPal in our ranking above.

The Best Online Casino Payment Methods in the UK

We tested the best online casino payment methods so that you can make an informed choice about which is the best online casino deal for you. Getting your money into and out of an online casino has always been a big factor when choosing a casino, and ensuring that your financial data is secure should be of the utmost importance.

It’s worth saying now, there is no perfect solution. Each payment method for online casinos has both positives and negatives to consider. High limits, low limits, security, speed of transaction, and whether there are fees to pay all play a part when choosing the best casino.

A Complete List of the Best Online Casino Payment Methods in the UK

With so many online casinos available to UK punters, it’s worth being aware of your options when it comes to depositing and withdrawing your money. Below is a full list of the best online casino payment methods available to use within the UK along with their benefits and negatives. You can find more information out about each one by visiting their individual pages from the links in the table.

Payment Methods Benefits Negatives
Debit & Credit Cards Trusted | Familiar Linked to Bank
PayPal Speed | Trusted Some Fees
Neteller Speed | Trusted Promo Restrictions
Skrill Speed | High Limits Promo Restrictions
PaysafeCard Good for Casual Punters Low Limits
Bitcoin Anonymous | High Limit Some Fees
ecoPayz Secure | High Limit Some Fees
Bank Transfer Secure | Trusted Slow
Boku Simplicity | Fast Mobile Only
NeoSurf PrePaid Card | No Bank Link Purchase from Retail
MuchBetter Designed for Gaming Some Fees
EntroPay Secure | Multiple Currencies Fees
Apple Pay Modern | Safe Apple Users Only
Trustly Speed | Security Linked to Bank

Choose a Payment Method and Find the Best Casino Deals

We go into great detail below, including showing you the best casinos and online casino deals out there based on the payment providers accepted. However, maybe you already have a good idea of what you’re looking for.

If that’s the case then use our handy filter below – just choose the online casino payment methods you’d like and choose a range of bonus levels that you’d be happy with. We do the rest and present you with a list of the best casinos available based on your criteria.

Be sure to check the reviews though as sometimes, online casinos don’t allow you to take advantage of the bonuses if you deposit by a certain method. In particular, this applies to Neteller and Skrill, but it’s worth being vigilant regardless.

eWallets – Great Online Casino Payment Methods

eWallets are methods where the transaction takes place purely digitally. The big advantage of these online casino payment methods is the speed at which transactions can take place. Most deposits via this method will be instant and allow you to play straight away.

Many customers also enjoy additional benefits in terms of security. Players can use ONE account with ONE password (or two factor) and not have direct links between the casino and their bank accounts.

One of the Best Online Casino Payment Methods is Paypal

When you find an online casino accepting PayPal, then you know you’re betting with a solid brand. PayPal will only work with online casinos that are licensed within their territories, so you can rest assured that a PayPal casino is fully regulated and following legislation. This is also the best reason to choose a PayPal Casino – Online casino payment methods can’t be any more secure.

Top 3 PayPal Casinos and Bonuses

Casino Bonus Wager Reqs Rating Visit Site
LeoVegas Review 100% up to £400 + 100 Free Spins 35x bonus offer Play
18+ New UK players • Select Casino offer on sign-up and deposit • 4 Deposits of £10, £20, £50, £100 matched with a bonus offer of same value (14-day expiry) • 35x real money cash wagering (within 30 days) on eligible games before bonus cash is credited • Spins credited upon deposits; under £50 =10 Spins, £50 or over =25 Spins; on Book of Dead only (3-day expiry, winnings paid in cash) • Play responsibly • 18+ BeGambleAware.org • Full T&C’s apply
888 Casino Review £88 No Deposit Bonus
or 100% up to £100
30x bonus Play
18+ New players only • £88 is granted in FreePlay (FP) • FP must be claimed within 48 hrs of receiving the email and expires after 14 days • FP wins are credited as bonus and capped at £15, exc. JP win • Bonus wins are capped at £500 • Wager 30x bonus within 14 days • Wagering req’s vary by game • Full T&Cs apply
Betfair Casino 30 Free Spins Plus
100 Free Spins OR 100% up to £100 Live Casino OR up to £100 Bonus
Varies (See T&Cs) Play
18+ New UK & IRL players only • Min deposit £10 • Deposits made with e-wallets are not valid for this promo • Bonus wagering x35/x45 on eligible games • Full T&Cs apply

Neteller and Skrill Casino Payment Methods

Skrill and Neteller are incredibly well known online casino payment methods these days. They both belong to the same parent company. Both are very easy to use but have some limitations.

Much like PayPal, they offer instant deposits and speedy withdrawals to and from an online casino, whilst small fees may apply to the latter. Again like PayPal, they’re secure and trusted solutions and there’s no linking of your bank account directly to a casino site.

On the downside, there is one massive thing to consider with Neteller and Skrill. If you’re a new player at a particular casino, you may not be able to qualify for the casino welcome bonuses on offer. If you want the bonus – be sure to read the T&Cs and make sure these payment solutions are accepted.

Top 3 Neteller and Skrill Casinos and Bonuses

Casino Bonus Wager Reqs Rating Visit Site
LeoVegas Review 100% up to £400 + 100 Free Spins 35x bonus offer Play
18+ New UK players • Select Casino offer on sign-up and deposit • 4 Deposits of £10, £20, £50, £100 matched with a bonus offer of same value (14-day expiry) • 35x real money cash wagering (within 30 days) on eligible games before bonus cash is credited • Spins credited upon deposits; under £50 =10 Spins, £50 or over =25 Spins; on Book of Dead only (3-day expiry, winnings paid in cash) • Play responsibly • 18+ BeGambleAware.org • Full T&C’s apply
Bet365 Casino Review Casino at bet365 – Up to £100 New Player Bonus! 15x deposit + bonus Play
Casino at bet365 – Up to £100 New Player Bonus! New Casino customers only • 18+ | Please Gamble Responsibly | begambleaware.org • Deposit min £10 • Applies to first deposit to Casino only • Max bonus £100 • 15x wagering (game weighting applies) on deposit and bonus to make the bonus balance withdrawable • Time limits and T&Cs apply
Casumo Casino Review
18+ – Game weighting and T&Cs apply

Credit Cards & Debit Cards – Still one of the Best Casino Payment Methods

Debit and Credit cards are popular within the UK as they’re completely familiar to us as consumers. We pay for things every day, both on and offline with our cards in one way or another. We trust them as they’re linked to our banks.

When it comes to depositing at online casinos, they provide a high degree of security. When it comes to the payment, it is instantly processed and ready to play with. Literally, every online casino accepts credit and debit cards as a form of payment. More importantly, depositing this way won’t see you miss out on any online casino bonuses! It couldn’t be easier to set your account up in this way.

The easiest card to use is a VISA card, as payouts are very easy. Significantly more difficult are MasterCard or American Express cards. You’ll sometimes find that withdrawing to Mastercard credit cards isn’t always possible. Whilst with American Express, it’s not always accepted as a viable method.

Top 3 Credit and Debit Card Online Casino Bonuses

Casino Bonus Wager Reqs Rating Visit Site
William Hill Casino Review 100% Buy-in Bonus
+ 50 Free Spins
40x Bonus & 35x Free Spin Winnings Play
Opt in required • New customers to Casino page only • 1x per customer • Min. Buy in £10 • Bonus value 100% of Buy in • Max. Bonus £300 • 40x Wagering, Max Redeemable £4,000 • 50 Free Spins with x35 wagering will be awarded after the Buy in Bonus is completed • Max Redeemable £1,000 • Bonus expires after 7 days • Stake contributions, player, country, currency, game restrictions and terms apply.
888 Casino Review £88 No Deposit Bonus
or 100% up to £100
30x bonus Play
18+ New players only • £88 is granted in FreePlay (FP) • FP must be claimed within 48 hrs of receiving the email and expires after 14 days • FP wins are credited as bonus and capped at £15, exc. JP win • Bonus wins are capped at £500 • Wager 30x bonus within 14 days • Wagering req’s vary by game • Full T&Cs apply
Unibet Casino Review 200% deposit bonus up to £200
+ up to 200 free spins
35x bonus Play
18+ New customer only • www.begambleaware.org • Min dep £10 • Max Bonus £200 • 35x wager req’s • 30 day validity • T&C’s Apply

PrePaid Cards Accepted by Online Casinos – Paysafecard the Best

Paysafecard is one of the most popular prepaid banking solutions in the industry. It is widely available worldwide, and is a simple and fast payment solution that is accepted at a large number of online casinos in the UK.

The concept behind Paysafecard is that you go and buy a Paysafecard voucher from a retail store, and then use the 16 digit pin code when depositing. They have modernised this a little too with the addition of a mobile app which can store your codes.

From a responsible gambling perspective, it’s one of the better online casino payment methods as the extra step of going out to buy the voucher slows the overall process down. It’s also great for more casual players as the max deposit via this method is generally £200 which is low when compared to other methods.

Top 3 Paysafecard Casino Bonus Offers

Casino Bonus Wager Reqs Rating Visit Site
LeoVegas Review 100% up to £400 + 100 Free Spins 35x bonus offer Play
18+ New UK players • Select Casino offer on sign-up and deposit • 4 Deposits of £10, £20, £50, £100 matched with a bonus offer of same value (14-day expiry) • 35x real money cash wagering (within 30 days) on eligible games before bonus cash is credited • Spins credited upon deposits; under £50 =10 Spins, £50 or over =25 Spins; on Book of Dead only (3-day expiry, winnings paid in cash) • Play responsibly • 18+ BeGambleAware.org • Full T&C’s apply
Casumo Casino Review
18+ – Game weighting and T&Cs apply
Unibet Casino Review 200% deposit bonus up to £200
+ up to 200 free spins
35x bonus Play
18+ New customer only • www.begambleaware.org • Min dep £10 • Max Bonus £200 • 35x wager req’s • 30 day validity • T&C’s Apply

Bank Transfer at UK Online Casinos

Bank transfers are still a possibility within the UK. Of course, the majority of all online casinos will accept a bank transfer, but it can be incredibly slow to process.

It’s certainly not one of our preferred or recommended online casino payment methods. However, if you are looking at depositing a large sum in order to play with over time, this could prove a useful option, so don’t rule it out totally.

Nevertheless, there are alternatives. A good example is the loading of your PayPal account by direct debit. Then you can simply pay with PayPal at the casino deposit.

Can I Use Bitcoin as an Online Casino Payment Method?

Bitcoin, it would seem is here to stay. This cryptocurrency has grown in popularity and you’ll find some online casinos that have been built purely with Bitcoin in mind.

This payment is fine and we suspect it’ll become more popular amongst operators in years to come, but currently, there is not a wide casino selection that accepts Bitcoin within the UK. As always with the UKGC in mind, regulation is key.

On the upside, Bitcoin is extremely secure and at least you know it’s going to be set up for your needs.

Depositing via your Mobile Phone Bill

Pretty much all online casinos will allow you to deposit and withdraw via their mobile casinos using the same methods as you would via a desktop device. However, did you know that you can also deposit via your phone bill, using your mobile phone?

Look for mobile casinos with the logos of Boku plus a mobile service provider. Boku allows you to charge your deposits to your standard phone bill. However, it’s not a hugely popular option in the UK and only a handful of operators actually accept it.

How do I Choose a Depositing Method for Online Casinos?

We suspect that many online casino punters probably register and then choose the ‘easiest’ payment method option. However, with some considered thought, and exploring the pros and cons of each method, you may just find one that is even more perfect for you.

We suggest you consider the following elements when choosing the best online casino payment methods.

  1. Availability within online casinos
  2. Deposit Limits
  3. Promotional Limitations
  4. Speed of Service
  5. Transactional Fees
  6. Can you Withdraw?

Availability at Online Casinos

If you have a payment method in mind, that’s great, but make sure that a good range of online casinos accepts this payment. If you prefer PayPal for example, make sure that you choose an online casino that accepts it, as not all do.

Deposit Limits

Whether you’re a casual player or a high-roller VIP, be aware of any deposit or withdrawal limits. Some online casino sites will set these at £10 minimum for deposit whereas others may be £5, so be sure to check which works best for your budget.

Promotional Limitations

In a world where all online casinos offer great casino deals and welcome bonuses, you need to be aware that some payment methods will see you disqualified from promotions. This is largely so the online casino can avoid any issues with bonus fraud. There’s nothing worse than depositing and then realising you can’t get your bonus.

Speed of Payment Method

If you want to play at an online casino then you want your cash going in instantly ideally. Whilst most e-wallets and cards will see this happen, bank cheques and transfers may not be as speedy. Be wary when choosing your payment method.

Transactional Fees

There’s no point choosing a payment method for its speed and it’s security if they’re then going to charge you loads to use it. This will eat into your casino balance or winnings after a while. Make sure you’re aware of any withdrawal fees and find a balance between speed, security, and cost.

Can you Withdraw?

It might sound crazy but some methods aren’t set-up to be a withdrawal method as well as a deposit method. If you want to be able to withdraw to the same payment solution that you deposited from, make sure you choose one that allows this.

CToption Minimum Deposit and Payment Methods

When you bet online at the best sports betting sites or the best online casinos, there is a key factor to consider in the form of which are the best betting payment methods to use?

In a largely digital world, it’s unlikely you don’t already use some of the options available to you. However, it helps if you’re properly informed and can make the right decision based on what’s best for you.

Is speed of the utmost importance, or is a safe and secure environment more crucial? Do you want to withdraw to the same payment method and are you happy paying fees? Stick with us here as we talk you through all the best betting and casino payment method options available in the UK today.

Best Deposit Payment Options For Online Betting Sites and Online Casinos – The Full List

Every online betting site that has great bonus codes in the UK will offer you different options and there are a few staples which make up the best betting payment methods for depositing.

The best online casinos will generally have the same deposit methods as the best online betting sites have. This is largely due to many UK based casinos being part of a bigger brand with sports betting available.

However, on occasion, there will be other standalone betting sites and standalone casino brands that will have their own set of the best betting payment methods.

From the below list of the best depositing options, you are able to read more on each option to fully understand how they work. They are on this list because they’re safe and secure and trusted by us to get the job done.

Payment Method Depositing Timeline Benefits Negatives
Debit Card Instant Availability | Secure Linked to Bank
Credit Card Instant Availability | Secure Potential Fees
Apple Pay Instant Simple | Secure | Speed Apple Users Only
EntroPay Instant Speed | High Limit Small Fees
PayPal Instant Speed | Trusted Small Fees
Skrill Instant Speed | High Limit Promotion Restrictions
Neteller Instant Speed | Trusted Promotion Restrictions
Paysafecard Instant Secure | Good for Small Deposits Low Limits
ecoPayz Instant Secure | High Limit | Trusted Small Fees
Trustly Instant Speed | Security Linked to Bank
MuchBetter Instant Designed for Bettors/Gamers Small Fees
Neosurf Instant Prepaid Card | No Bank Details Purchase from Retail Store
Bank Transfer 3-5 Working Days Trusted | Secure Slow
Bank Cheque 10 working days High Limits Very Slow

How Do I Choose a Depositing Method for Betting Online?

The likelihood is that, without really thinking about it, you’ve already chosen your depositing method for online betting, as it is the payment method you use on a day-to-day basis.

If you use your debit card for everything, then you’ll use this. Whilst if you use PayPal or Skrill for transactions online, then you’ll use this instead.

However, just because you use one or the other more regularly in your day-to-day activities doesn’t mean you shouldn’t look out for more options when it comes to the best betting bonus codes.

What should I consider when choosing a deposit method?

  1. Availability within Betting Sites
  2. Deposit Limits
  3. Promotional Limitations
  4. Speed of Service
  5. Transaction Fees
  6. Account Fees

Availability within betting sites

If you’re considering a particular payment option and want to join a new bookmaker or online casino, then you need to make sure that they actually accept this betting payment method. If they don’t – or even if the majority of betting operators don’t – then you want to look elsewhere for depositing.

Deposit limits

This won’t apply to everybody but if you are the sort of punter that likes to deposit large amounts, then make sure that the deposit payment methods you’re looking at can support that. Likewise, if you want to make a small deposit, make sure the best betting sites and the best payment methods don’t have a minimum deposit that exceeds this.

Promotional limitations

A lot of online bookies and online casinos will not let you qualify for promotions if you’ve deposited from an E-Wallet. Good examples are Neteller and Skrill. So, it’s worth being aware of this or keeping a couple of different depositing methods available.

Speed of Service

In honesty, you want your deposit to be instant so that you can start betting or playing at the casino straight away. If speed isn’t of interest then it does open the door to cheques and bank transfers as an option.

Transaction Fees

A good online betting site doesn’t charge you to deposit, however, be very aware of any fees that a payment provider may charge for depositing. It’s rare, but not unheard of so if they do charge, maybe look elsewhere.

Account Fees

This one is more dependant on your situation but some payment methods may have monthly or yearly account fees, especially if you’re on a more premium platform. This would be your choice in the first place so the argument could be to make the most of it and use this method for your betting depositing.

Which is the Best Deposit Method for Online Betting and Online Casino?

Whilst the list above is extensive and covers the majority of the best betting payment methods for depositing, there are some that stand out over others in our opinion.

The ones that stand out are betting payment methods that have stood the test of time despite competitors trying to overtake them. They are trusted across the globe and not just the UK and offer unparalleled speed for depositing funds into online betting and casino accounts.

We suggest taking a look at all of these betting payment methods for depositing so you see the pros and cons of each in more detail. However, it’s PayPal that stands out for us in comparison to all others and the betting and casino sites that accept PayPal are generally really strong too.

The best depositing payment methods for sports betting and online casinos are:

  1. PayPal
  2. Debit Cards
  3. Credit Cards
  4. Apple Pay
  5. Neteller
  6. Skrill
  7. Fast Bank Transfer

Betting Site and Online Casino Deposit Limits Explained – Should I Set them?

There’s always been a bit of a stigma around deposit limits at online bookies and online casinos. This is because they’re sometimes seen as a negative responsible gambling measure. But that just couldn’t be further from the truth.

It’s a great measure that truly allows you to stay in control of your betting or casino play, making sure that you don’t go beyond your means. Which in turn, only adds to your overall enjoyment factor from online gambling.

Ultimately, a deposit limit is just an amount of cash that you set on a daily/weekly/monthly basis. Once you reach that amount, you can’t deposit more until the time limit has passed. Of course, you can apply to the operator to raise the levels and it’s your decision whether you set them, of course.

The bookies and casinos are happy if you set them too. People who have set deposit limits from the beginning are less likely to go on to have further gambling issues and therefore have the potential to become loyal and regular customers. It helps betting operators meet with all UK licence regulation too.

Withdrawal Methods at the Best Online Betting Sites and Online Casinos – The Full List

When it comes to withdrawing at the best betting sites and best online casinos, it’s key to remember that some bookies only want you to withdraw to the betting payment methods that you deposited with. This is largely for Anti-Money-Laundering (AML) reasons.

On the flip side of this, some betting payment methods you deposit with won’t be suitable to withdraw funds to when it comes to gambling funds. This could be due to the country where a card was issued or could just be a conscious choice by an online bookie.

With withdrawals, there are sometimes fees to contend with, especially at the payment provider side of things. If an online casino or bookie tries charging you for withdrawals, I’d steer clear. Those payment provider fees are quite small and are arguably negligible when you take into account the other benefits.

Below is our extensive list of all the best withdrawal methods for betting sites and casinos in the UK:

Payment Method Withdrawal Timeline Benefits Negatives
Mastercard Debit/Credit Cards 3-5 Working Days Secure | Trusted Can’t Always Withdraw Here
Visa Debit/Credit Cards 3-5 Working Days Secure | Trusted Slower than E-Wallets
Entropay 3-5 Working Days Secure | Trusted Slower than E-Wallets
PayPal 1 Working Day Fast | Secure | Easy Small Fees
Skrill 1 Working Day Fast | Good Limits Promotion Restrictions
Neteller 1 Working Day Fast | Secure | Trusted Promotion Restrictions
Trustly 2 Working Days Secure | Fast Linked to Bank
Pingit 1 Working Day Mobile Friendly | Speed Linked to Bank
EcoPayz 1 Working Day Secure | Good Limits Small Fees
Fast Bank Transfer 5-10 Working Days Familiar | Trusted Slower than E-Wallets
PaySafeCard 5-10 Working Days Secure | Trusted Slower than E-Wallets
Neosurf 5-10 Working Days Prepaid Card | Secure Slower than E-Wallets
Bank Transfer 5-10 Working Days Familiar | Trusted Slower than E-Wallets
Bank Cheque 7-10 Working Days Decent Limits Very Slow | Dated

Loads of Withdrawal Methods – How do I Choose the Best one for Betting and Gambling?

So, much like depositing payment methods, there are loads of withdrawal methods to choose from and the decision isn’t always as easy as it seems.

In an ideal world, it would be possible to withdraw back to the same method that you deposited from. The bookies and casinos prefer this and, as punters, so do we. But that isn’t always possible for a number of reasons.

It’s all well and good having our favourite withdrawal methods. However, there are a few things that need to click to actually make them a reality for betting sites. Mostly, do the sites even accept this withdrawal method.

What do I need to think about when picking a withdrawal method?

Whilst it may be easier to think of depositing and withdrawing as one action, the questions you need to ask aren’t necessarily the same. These are the things that we think you need to consider when choosing betting payment methods for withdrawing from sports betting sites and online casinos:

  1. Is it Accepted?
  2. Can this method be used to Deposit from too?
  3. Speed of Withdrawal
  4. Withdrawal Fees
  5. The reputation of the Betting Payment Methods

Is it accepted?

Will the best online betting sites or best online casinos accept this payment method as a way to withdraw funds? If you have intentions of opening multiple betting or casino accounts then it’s worth knowing that at least 80% of them will accept your preferred withdrawal method choice.

Can this method be used to deposit from too?

Just because you’ve managed to deposit with your preferred betting payment method, doesn’t automatically mean you can withdraw too. Some Mastercards can’t withdraw betting funds, depending on where they’ve been issued for example. Likewise, a provider like Apple Pay won’t be an option necessarily.

The speed of withdrawal

Unlike deposits, you’re not really going to find an option that allows instant withdrawals as every provider has processing times – this is normal. However, if speed is the most important factor, then most E-Wallets would offer withdrawals within 1 working day compared to 10 days for bank transfers or cheques!

Withdrawal fees

This is really important and where a little bit of balance needs to come in. Are you comfortable paying a fee to withdraw as you are likely going to have to with most E-Wallets? However, you do get the speed with E-Wallets. Debit/Credit cards may not charge you but take longer. Weigh up what works for you as most fees are small percentages.

The reputation of betting payment method

A pretty obvious one, but something we need to mention. Do your homework, read our reviews of the individual methods and make sure they’re a trusted payment provider. Why put your money in the hands of a brand that isn’t trusted just for the sake of saving a bit of time.

Which Withdrawal Method is the Best for Sports Betting and Casinos?

If you’re betting online or playing at online casinos from within the UK, the withdrawal methods you choose will be different to those of someone betting from another country.

At Bonus Codes, we believe in speed, efficiency, trust, and in not having to pay for hidden payment method fees. So there are a few payment methods that stand out when it comes to withdrawing.

PayPal is our number one choice for withdrawing funds and if the online casino or online betting site offers this as an option then you should be really pleased as a UK punter. However, if it doesn’t offer this then there are still plenty of great options from the full list above.

The best withdrawal methods for sports betting and online casinos are:

  1. PayPal
  2. Visa/Mastercard debit cards
  3. Skrill
  4. Neteller
  5. Visa/Mastercard credit cards
  6. EcoPayz

Withdrawal Times at the Best Betting Sites and Online Casinos

When you withdraw funds from your betting accounts, it’s not quite as instantaneous as when you deposit. Each withdrawal option will take a different amount of time to process the withdrawals properly.

Add in the fact that it can change on a bookie-by-bookie or casino-by-casino basis and you have a lot of different scenarios on your hands. Especially when you consider that betting companies will also go through KYC and AML policies at this point potentially. You can read more on that below.

Our best withdrawal method tables, above, show you what the general timings are for each option and as you’ll see there are quite big differences.

What are the Best E-Wallet Betting Payment Methods for Withdrawal Times?

The best E-Wallets such as PayPal, Neteller and Skrill should take no more than 2 working days but realistically will be within 1 working day. This makes them by far the quickest method around.

Debit and Credit cards can take 3-5 days due to processing times at the bank’s end. Whilst bank transfers and cheques take by far the longest, but you are secure in the knowledge that you trust your bank. Speed isn’t everything though and it’s about finding a good balance that works for you.

What are Age Verification, KYC, and AML Policies – Why do Online Bookies and Casinos Need my Details?

When you join a new online betting site or online casino, you will be asked to go through KYC or AML checks and policies. This is completely normal but can be a point of frustration for some UK punters.

Many people think this is because the betting sites are trying to stop you from getting your money. This isn’t the case. Any of the best online gambling sites are trustworthy and professional so you shouldn’t worry here.

This is actually all about them protecting you and protecting themselves from a Gambling Commission compliance perspective. This is of paramount importance.

So, what is Age Verification?

Age Verification is quite simply where the online betting site or casino is trying to confirm that you are who you say you are and that you’re of legal age to bet.

This is hugely important to ensure that underage gamblers aren’t getting through to the site and plays a part in reducing and restricting problem gambling.

Some online sportsbooks and Casinos will have automated this but often it’s a case of sending in a copy of your ID – with the passport being the most obvious option.

What do Betting Companies Mean by KYC Policies?

KYC means ‘Know Your Customer’ and relates to the bookmaker understanding who you are as a customer.

Any good gambling company will have thousands of transactions going through their books. It’s vital to know that all the money flowing through is done so by customers who are in control of their gambling.

So if there are particularly big deposits made out of the blue, or withdrawals for that matter, you may get a call. Or an email, or even both, from the operator in question. They’re just checking in to see that you’re comfortable with what you’re doing.

Can this be frustrating for those who are betting sensibly? Yes. But is it a good procedure that helps with problem gambling? Yes. So bear with it, follow their instructions and you’ll be fine.

What does AML mean for Betting?

AML means ‘Anti Money Laundering’. It’s a policy aimed to ensure that the money moving through the site is clean and not being used for the purpose of money laundering.

With these checks in place, it makes it much harder and makes the betting and gambling space much fairer and safer overall.

Are there Fees to Pay when Depositing and Withdrawing to Betting and Casino Sites in the UK?

Fees for depositing and withdrawing are, understandably, a bit of a pain for UK punters. No one wants to be charged for such an arbitrary action of course. But, at the end of the day, this is how the payment providers make their money.

It’s worth saying straight away that you should not really be charged for depositing or withdrawing by an online bookmaker or online casino. It’s generally the payment provider or your bank that will add a fee.

If you do come across bookies or casinos that want to charge you then maybe you should consider another operator unless you’re desperate to play there.

When it comes to online betting payment methods, pretty much all the fees you’re likely to pay are at the withdrawing end and in general is a small percentage, depending on how much you’re withdrawing.

The key is to check with your online betting site’s FAQs and help sections to see if there are fees involved – likewise checking with the payment provider themselves for their fee structure.

The Best Online Betting Payment Methods – Plenty to Choose From in the UK

So, there you go; there are so many different options for you to choose from when it comes to the best online betting payment methods. From standard cards, through to E-Wallets and bank services.

With our helpful and objective guide to the best payment methods for betting, you can make a decision about which is best for you. Now, you can start using the best bonus codes when sports betting and playing at online casinos.

Don’t forget, we have full reviews of each individual payment options, and full reviews of all the best online betting bonus codes and online casino bonus codes too.

Best Online Betting and Casino Payment Methods – FAQs

What’s the best payment method for online betting or online casinos?

We love PayPal as it’s fast, efficient, trusted and the fees are low enough not to hurt. However, we also like debit cards within the UK as it’s such a familiar way of paying and you’ve built up plenty of trust with your bank over the years.

Are there fees to pay for depositing to online betting sites?

Generally, you shouldn’t pay fees when depositing to online betting sites. If a bookmaker tries to charge you then maybe look at other bookmakers. If a payment provider charges you to deposit, there are plenty more options that don’t that are listed on our page above. Be aware, you may pay fees on withdrawals though and this changes from payment method to payment method.

What are KYC and AML?

These are processes that all the best online betting sites and all the best online casinos should be following to ensure that they ‘Know their Customers’ and are protecting their customers from a responsible gambling perspective. Likewise, AML policies are all about Anti Money Laundering measures. You may get called or emailed from your betting operator to make sure you are who you say you are and that the money you’re playing with is all good. Go with it, it’s standard procedure.

What is minimum deposit of binary options?

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The short answer would be, well you can start with a minimum of 20$ with some so called “broker”.

But the shortest answer would be: Avoid Binary Option, take your 20$ and offer a gift to somebody you love! would be a much much better investment.

By the way, new European regulation totally banished Binary Options for those who are in EU and brokers in the world have to follow this new rule. A clear signal of the risks linked to BO.

I wrote a Full Article on this subject on Quora if you want to learn more and have a better understanding of new regulation (Yes it seems not the most funny, b.

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