The Full Overview of paysafecard Betting Sites
There are plenty of paysafecard betting sites around that are only too happy to help you deposit with ease. This guide will show you exactly how to use paysafecard, and the best bookmakers that go with it. With a look at how to deposit, pros and cons, we have you covered in this ultimate review.
The innovative prepaid deposit method has been widely adopted across the UK bookmaking industry and customers using this service will have an abundance of options when choosing where to lay their next bet. The prepaid solution to gambling has earned the firm a trusted and transparent reputation as one of the UK’s most popular gambling deposit methods. Read the rest of our guide to find out more.
For now, here are the best paysafecard sites by category:
Overview of the paysafecard Business
Back in 2000, four Austrian entrepreneurs launched the “cash for the internet” platform under the name paysafecard. As is abundantly clear from the name of the service, safety is a primary feature and selling point of the product, many sports betting sites users today are attracted to this method of payment due to modern cybersecurity precautions and the many data breaches banks have been victim to in recent years.
In the next paragraphs, you will be presented with all the crucial information for betting with this payment method – accompanied by intuitive infographics, there is no other more complete review of paysafecard betting on the internet.
Fees and Processing Times
Paying with this payment method will be basically free to use throughout the entire duration of using the service. The only fee you will have to face is an annual maintenance cost of approx. £2. Not a bad price to pay for peace of mind, efficiency and security when betting your hard-earned cash online. As for processing times, paysafecard operated the same as a bank card once fully topped up, so transactions are completely instant and your money will be transferred to the betting wallet in a matter of seconds after successful confirmation of your credentials.
| Operator | paysafecard | Processing Time | Limits min/max | Fees |
|---|---|---|---|---|
| 888sport | instant | £10 – £1,000 | ||
| – | – | – | ||
| MrGreen | instant | £10 – £1,500 | ||
| – | – | – | ||
| NetBet | instant | £10 – £450 | ||
| – | – | – | ||
| LV Bet | instant | £10 – £1,000 | ||
| – | – | – | ||
| Grosvenor | instant | £10 – £125 | ||
| – | – | – |
Unfortunately, due to the nature of this payment method, withdrawals are simply not possible. paysafecard is a pre-paid deposit method only. Due to the intrinsic nature of this service, this is all the payment method will ever be and users will need to use an alternative method to pull funds from the bookmaker.
The Pros & Cons of Using paysafecard for Betting
There are some very unique properties that give paysafecard a clear advantage over other conventional deposit methods, especially when you bet on football. Customers of paysafecard will be able to top up their prepaid card from over 600,000 locations across the world and use their unique PIN to fund the betting wallet. The security benefits of paysafecard are undeniable and for that reason it is the UK’s most popular “cash for the internet” service around, especially with the best horse racing betting sites.
- Major Strengths
- helpful and informative app
- very secure with no personal data
- instant access to cash
- Major Weaknesses
- withdrawing is not possible
- low max. deposit limits
- not accepted everywhere
- Minor Strengths
- strong anti-fraud protocols
- easy and fast depositing
- streamlined registration
- Minor Weaknesses
- difficult to obtain a pre-paid card
- annual fee of £3
- have to pay via third party
The lack of a withdrawal feature significantly diminishes the utility of this payment method for punters. Those who fund their betting accounts via paysafecard must resort to alternative methods to access their winnings, a measure in place to satisfy anti-money laundering regulations.
Additionally, the relatively low transaction limit of paysafecard poses a considerable constraint, especially for those with high-stakes betting preferences. This limitation extends to lotto betting, where players aiming for larger bets may be restricted.
Depositing to an Online Betting Site with paysafecard
Getting started with paysafecard is very streamlined and effortlessly simple. You have a couple of different routes to take in the sign-up process. Either sign-up online at paysafecard and receive your 16-digit pin number or visit a vendor of paysafecard and fill up the card with cash.
Both methods are simple and there is nothing required in terms of identity confirmations. Have a look at our detailed overview of the deposit process in the paragraphs below. The practical nature of funding your betting account with this method makes it convenient for any individual not fully tech savvy with no access to online banking.
Step One: Create a paysafecard Account
In order to obtain a paysafecard PIN there are two different options. The first is to proceed with a one-time registration at the paysafecard online PIN shop – here you can see an example of the registration form you will be required to submit. Once this is completed, you are free to make online payments to paysafecard and receive PIN’s in your account. Alternatively, you can visit one of the +600,000 sales outlets worldwide and pay in cash to receive your pre-paid card and PIN. This carries the advantage of convenience and added security knowing your data is withheld.
Step Two: Payment to paysafecard Wallet
Receiving the PIN is the key to using your pre-paid cash at paysafecard. It can be considered a voucher code as it functions exactly this way. The pre-paid denominations vary depending on which region you’re paying from, in the UK customers will be able to purchase pre-paid amounts of £10, £25, £50, £75 and £100. As previously stated, you will receive a unique 16-digit PIN number which will validate the value of your paysafecard balance. You can receive this PIN either online through the PIN shop, or at the many retail locations across the UK.
Step Three: Depositing to Bookmaker Wallet
In order to fund your online betting account with paysafecard log in to your account at the bookmaker supporting this payment method and enter the deposit portal. Click on the paysafecard option and enter the desired deposit amount and bonus code (if applicable), then click “Deposit”. You will now be redirected to paysafecard – enter your 16-digit PIN displayed on your card or the online PIN you have received. The confirmation will then be presented, confirm this step and you will then have the funds available in your betting account.
No Withdrawals Possible
This is a payment method that is not supported for withdrawal purposes by any of the bookmakers we have mentioned in this review. Due to money laundering regulation, customers using paysafecard to make deposits to online betting sites are required to withdraw funds directly to their bank via wire transfer.
Simply put, this is to leave a defined paper trail of the journey taken by the money, as it is incredibly easy to make anonymous deposits with paysafecard if you have funded the pre-paid PIN via cash. This can be problematic for some people, as some bookmakers are relying on the opportunity to encourage you to keep betting with winnings rather than go through the more painstaking process of withdrawing and waiting for the funds to appear.
Excellent paysafecard Customer Service
The paysafecard resolution centre makes dealing with problems a stress-free and well-guided process. There is a notion in the human psyche that causes un-explainable panic when things go wrong with our online payments, luckily for customers of paysafecard – the resolutions team are there to alleviate you from all stress and find the best solution. Take a look at the table below for three methods at resolving issues with paysafecard.
There are three distinct methods when it comes to help at paysafecard, as you can see from the table above we have given you the information required to proceed with any form of assistance. For the quickest solution to your problems, we definitely recommend checking out the comprehensive FAQ section of the paysafecard website. Here you will find detailed lists, neatly categorised in sections that make finding your solution completely intuitive.
Alternatively, you can email the customer service inbox and wait for an agent to respond to your enquiry this option may suit customers better who have very complex unique issues that need to be explained meticulously. If it is a human voice you need to reassure you, have a look at the table above for the phone number of paysafecard customer services, be prepared to wait for an agent to become available and always refer to the FAQ section before resorting to this method.
Bonuses at paysafecard Betting Sites
Everyone loves a good bonus, and that is no different for paysafecard betting sites. The operator we have selected below is on that truly offers a top promotion. You will do well to find a better one out there.
| Best paysfacecard betting sites | Bonus | Highlights | Rating | Secure Link | T&C’s |
|---|---|---|---|---|---|
| NetBet | Top Odds | 30+, 100+ | Visit Site! | Full T&Cs Apply! min odds 3/1 (4.00) / min 3 selections / free bet valid 7 days / T&C apply / 18+ / Begambleaware. |
Naturally, there are always certain caveats when it comes to promotions. Make sure you analyse the T&Cs so you are sure to be eligible. Some bonuses do not let you use paysafecard, so beware!
Security of paysafecard Gambling Sites
The main strength of paysafecard certainly lies in its separation of banking information, and in turn, impeccable security for the consumer. There are some very interesting features that the managing security individuals have created at the firm to ensure their users have the best possible experience when paying for goods or services online. Take a look at the table below for a detailed description of the security protocols in place at the company.
paysafecard: a Short History of the Firm
paysafecard remains a subsidiary of Paysafe Group PLC, which itself controls the operations of Neteller and Skrill amongst several smaller projects. The pre-paid payment solution was launched in 2000 with the intent to revolutionise the way consumers pay for goods and services online. It was initially intended to work as a bank card, but pivoted two years after launch and pursued the business of e-vouchers.
| Company Name: | paysafecard |
| Business Sector: | Financial Services |
| Headquarters: | Vienna |
| Website: | www.paysafecard.com |
| Regulation: | Financial Conduct Authority |
| Share Price: | PST Chart |
| Founded: | 2000 |
| CEO: | Udo Müller |
In 2013, a game-changing iteration was introduced that allowed customers to access a personal online account that helped them manage all their PINs and make payments online to their e-voucher balance. Later in the same year paysafecard merged with Skrill and both fell under the control of Paysafe Group PLC.
Today, paysafecard is truly a global leader in online payments, boosted by recent developments including a prepaid MasterCard programme and a loyalty scheme called “MY PLUS”. The service has expanded to all corners of the globe, supporting 23 currencies, present in 43 countries and utilising 5 million sales outlets worldwide to drive its ever-expanding network.
Best Alternatives
If you are considering one of the other vast amounts of betting payment methods available to the modern punter – we cannot overlook the quality of PayPal. It is the world’s most popular internet payment company and for very good reason. Even so, there are plenty of other options for you to choose.
As you can see, there is plenty to have a look at. For a comprehensive guide to the worlds biggest e-wallet provider, read our PayPal betting review. Overall, you are truly spoilt for choice in this day and age.
Betting with paysafecard – A Handy Depositing Method
We are thoroughly impressed with the extent of the paysafecard network, often an issue with relatively new payment methods is the extent of their usage and availability online. Fortunately for punters using this deposit method, there is an abundance of bookmakers who support this option, still enabling you to receive bonuses, cash-out and live-stream all by funding your account with paysafecard.
The “cash for internet” payment system is truly unique, unlike any other payment method – players will be able to fund their betting wallets from the local petrol station in cash and pay safely and privately with their unique 16-digit PIN number. Have a look at our detailed NetBet bookmaker review if you are interested in learning more about the leading bookmaker for paysafecard depositing.
FAQ
If you have any pressing questions regarding anything on this page, send an email to info@bestbettingsites.com.
🏆 What are the best paysafecard betting sites?
The best paysafecard betting sites have been listed for your perusal at the top this page. Our experts decided on these after assessing a number of strict criteria so you don't have to.
🎁 Are there any bonuses available at paysafecard betting sites?
There are bonuses available at betting sites that accept paysafecard. However, if you deposit with this payment method you may not be eligible, so check the T&Cs.
💸 How do I use paysafecard on a betting site?
As we have highlighted in our section on depositing with paysafecard, it is a very easy process. Simply follow our step-by-step guide, and you will find it simple enough.
💰 How long does it take to refund the balance of my paysafecard PIN?
Refunds usually take up to eleven working days to complete. You will be informed by e-mail as soon as your request has been processed, if you have any issues, the customer service team will be on hand.