Customers of online casinos primarily make deposits and withdrawals using bank cards, but the online casino industry has evolved and PaysafeCard is now among the various methods punters can use to complete financial transactions.
As your resident expert, I did some digging to bring you everything you need to know about using PaysafeCard for betting, including the best bookmakers that accept it as a deposit method.
Top UK bookmakers that accept PaysafeCard
How I rated the best PaysafeCard betting sites: My approach
Whatever I’m researching and reviewing, my main priority is ensuring my readers have a safe and entertaining online betting experience. This means I’ll only recommend UK-regulated and licensed online bookies. This is part of my effort to ensure your wagers will be honoured by a fair betting platform and showcase the best betting sites you can place them at.
For example, each bookmaker I even consider for reviewing must employ 128-bit or 256-bit SSL encryption technology so your personal data is always safe.
What’s more, all my rated bookmakers have a variety of banking methods for withdrawals and deposits. And for a specialized article like this, every online bookmaker obviously must accept PaysafeCard.
Since a prepaid one-time PaysafeCard can only be used for deposits, I ensured that you’ll have access to many withdrawal methods when you request your winnings to be paid out. Additionally, if you have a PaysafeCard account or a Mastercard, I verified that the bookmaker accepts this as a withdrawal method.
Lastly, I wouldn’t put a bookmaker on this list if it didn’t have a professional and knowledgeable customer service team available through live chat, email, or phone support 24/7, should you encounter any issues.
Top PaysafeCard bookmakers: In-depth look
Of course, I conducted in-depth reviews of all my recommended PaysafeCard betting platforms. For starters, all transactions have been verified to be free.
1. bet365
bet365 has an impeccable sports betting platform. I’m happy to say that, in my experience, the bookmaker has always been at the forefront of the latest online betting technology and keeping up with customers’ banking preferences.
From what I’ve seen, bet365 accepts seven deposit methods: Debit cards (Visa, Mastercard, and Maestro), Apple Pay, Google Pay, PayPal, PaysafeCard, Click to pay, and bank transfers. All the deposits I made were instant, and a minimum deposit of £5 was required.
I could request withdrawals for debit cards (Visa, Mastercard, and Maestro), bank transfers, PayPal, Apple Pay, and PaysafeCard (with a specialized account). Withdrawals via e-wallets took up to 24 hours to reach my bank account. Other withdrawals took up to three days to clear.
2. Unibet
As a reputable and trusted bookmaker, this operator has a wide range of banking methods. I made most of my deposits at Unibet with PaysafeCard, but I could also use various cards (including Diners Club, Visa debit, Mastercard debit, and Astropay, to name a few), Neteller, Skrill, and Apple Pay, had I wanted to.
However, I could only use PaysafeCard for deposits. My chosen withdrawal method was therefore bank transfers, but those who prefer e-wallets, Mastercard, Neteller, and Visa won’t be left wanting. Withdrawals took between three hours to eight days to process for me, and will vary depending on the banking method you choose.
3. William Hill
Even if you’re only a casual punter you’ll have heard of William Hill; the operator is known for excellent odds and service. In line with this, I wasn’t disappointed with the bookmaker’s range of payment options. Obviously, the site accepts PaysafeCard, but I also found popular deposit methods such as bank cards, vouchers, e-wallets, and more.
My PaysafeCard deposits were instant, and I had to make a minimum deposit of £10 for the transaction to be successful.
As with most bookies, PaysafeCard couldn’t be used for withdrawals. However, I had a wide range of other methods at my disposal, including e-wallets, bank transfers, and bank cards. Withdrawal times for e-wallets can take up to 24 hours and withdrawals involving banking institutions sometimes took even longer.
What is PaysafeCard?
There are two types of PaysafeCard that you can buy and use:
Classic PIN PaysafeCard
Classic prepaid cards are purchased at retailers, and these cards contain a code that represents an amount from £10 to £100.
PaysafeCard Mastercard
This is a prepaid card (where you predefine your limits) that can be used for purchases at land-based shops and online.
How does PaysafeCard work?
Each PaysafeCard works differently and has its pros and cons.
Classic PIN PaysafeCard
It can be used only once to make purchases online, providing additional security since you don’t need to provide any of your personal or financial information online when using it.
PaysafeCard Mastercard
The Mastercard version allows you to use it online when the prepaid PaysafeCard isn’t accepted.
Does PaysafeCard have any fees?
Below are more details regarding PaysafeCard fees.
Classic PIN PaysafeCard
You don’t need a bank account, and it has no monthly contracts, bills, or other commitments.
PaysafeCard Mastercard
You have to pay annual maintenance and currency conversion fees and costs when you use them to draw money from ATMs. To obtain a PaysafeCard Mastercard, you can create an account on the PaysafeCard website.
How to use PaysafeCard for online betting
It’s straightforward to use either of the prepaid cards when making deposits or withdrawals. Follow my very easy guide below, and you’ll be all set to start placing sports bets.
How do I deposit using PaysafeCard?
After you’ve created a sports betting account at one of my recommended bookies, you can navigate to the banking or cashier section.
Select ‘Deposit’ and choose PaysafeCard as your preferred deposit method. Enter and confirm the deposit amount. Follow the prompts and don’t forget to opt-in for the welcome bonus!
Tip: If you’re new to betting or only looking for an occasional flutter check out my top-rated £5 deposit betting sites.
How do I withdraw money using PaysafeCard?
When you’re ready to withdraw your winnings, navigate to the banking section and select ‘Withdrawal.’ Select PaysafeCard withdrawal and follow the prompts. Please note that PaysafeCard withdrawals are only possible if you have a PaysafeCard account registered in the UK.
For the withdrawal request to be processed successfully, please always ensure that the email and name of your bookmaker account match all the details of your PaysafeCard account. It is advised that players ensure that the limits on the PaysafeCard account are within the requested limits of the withdrawal.
If you don’t have a PaysafeCard account, you’ll be required to use any other withdrawal methods. You may request withdrawals for Mastercard if you have a PaysafeCard Mastercard. However, I heartily recommend you confirm this with the bookie’s customer service before proceeding.
What I love about PaysafeCard
Using either of the two PaysafeCard options gives me plenty of advantages. Firstly, PaysafeCard is widely available, either by registering on the website or visiting any participating retailer (for prepaid cards only).
Once I have my card, I can easily make instant online casino and betting payments. Additionally, I can use PaysafeCard’s Mastercard where the prepaid card isn’t accepted.
Using the prepaid card has no additional fees. Since I opted for the Mastercard, I have to pay minimal annual fees, but this is still much less than paying with a traditional bank card. What I love most is that you don’t need a bank account to make any payments.
This in itself adds another layer of security when banking online at bookies and casinos, since you don’t need to share any sensitive financial information. Furthermore, each of these cards gets loaded with a prepaid amount, which helps control your online spending.
Lastly, should you have multiple cards, you can keep all your information in the downloadable iOS and Android application, which keeps all your card information in one place. The application also has all the details of the nearest PaysafeCard retailers should you need to top up.
What I don’t love about PaysafeCard
Unfortunately, I couldn’t use the prepaid PaysafeCard for withdrawals at online casinos or bookies. However, there are operators that have started accepting the PaysafeCard Mastercard as a method for players to receive their winnings.
In addition, since the PaysafeCard method has limitations on the amounts that can be loaded on it, I’m not too keen on using this method when I want to bet with higher stakes, and most high-rollers wouldn’t be, either.
Is it safe to use PaysafeCard for online gambling?
Using PaysafeCard on online gambling sites is the one of the safest ways you can deposit or withdraw money. If you’re concerned about sharing your sensitive financial information (such as your banking details) online, then the PaysafeCard method will be your best choice.
How long does it take to withdraw funds with PaysafeCard?
Based on my research, online betting sites generally take up to 24 hours to process PaysafeCard withdrawals. Please note that these withdrawals are only applicable to PaysafeCard account (Mastercard) holders. If you’ve used a Paysafe prepaid card, you won’t be able to make any withdrawals from it.
Five of my favourite alternatives to PaysafeCard for online betting
Suppose you have a prepaid PaysafeCard that can only be used to deposit funds into your betting account. Then you’ll need to find another method to request your winnings to be paid out. Below are the other popular alternatives that you can use. These alternatives include e-wallets, and withdrawals usually take up to 24 hours to process.
PayPal
Many online gamblers use Paypal for making deposits and withdrawals at betting sites . The application has extensive security features, including purchase protection and encryption, to safeguard users’ data and money. I already rated the best PayPal betting sites in the UK so you don’t have to wonder where to go.
Neteller
Neteller is another favourite e-wallet used in the UK by online players for deposits and withdrawals, which is accepted almost everywhere. This e-wallet is regulated and licensed, and it abides by regional laws in each of the markets where it’s accepted, so you know that your funds are in safe hands.
Skrill
This e-wallet is widely used and accepted by online UK bookies as a deposit and withdrawal method. This method is significantly cheaper to use than PayPal. Skrill transaction service fees are 2.99% only compared to PayPal, which charges 4.5% per transaction. Find my favourite Skrill betting sites here.
Trustly
Trustly is widely used and accepted by many online gambling operators as a deposit and withdrawal method. This online banking system employs the same encryption technology as banks, so you’re assured of absolute safety.
Final verdict on PaysafeCard betting sites
Using either of the available PaysafeCard options is a great way to control your online spending. Additionally, this method gives you enhanced online safety since you don’t need to share any of your banking information.
You may not be too keen on using this method if you’re a high-roller. However, should you decide to get the PaysafeCard Mastercard, I can tell you you’ll be able to increase your online spending limits, and use it at certain casinos that accept this method for withdrawals.
Commercial content notice: Taking one of the bookmaker offers featured in this article may result in a payment to talkSPORT. 18+. T&Cs apply. GambleAware.org
Remember to gamble responsibly
A responsible gambler is someone who:
- Establishes time and monetary limits before playing
- Only gambles with money they can afford to lose
- Never chase their losses
- Doesn’t gamble if they’re upset, angry or depressed
- Gamcare – www.gamcare.org.uk
- GambleAware – www.gambleaware.org
Find our detailed guide on responsible gambling practices here.
For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to www.gamstop.co.uk to be excluded from all UK-regulated gambling websites.
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