Betting Deposits – How To Deposit & Withdraw

If you’re looking to deposit real money into an online betting account then you’re going to find a range of options are available. There’s your standard stuff like credit and debit cards but ewallets, such as PayPal, are also now an option.

On this page we’ll first list all the different deposit options available to you and then we’ll go through the process of actually funding your betting account.

Popular Deposit Options:

Most Popular:

visaVisa – used worldwide by millions and widely accepted online including at online gambling sites.
mastercardMastercard – hugely popular and regarded as one of the safest payment processors available. Accepted at the majoirty of betting sites.
paypalPayPal – great for transferring money online and now an option at some of the better online bookmakers.
netellerNeteller – one of the bigger ewallet solutions and historically very popular among online gamblers.
skrillSkrill – formerly known as moneybookers Skrill are the main competitor to Neteller and PayPal although charges are slightly higher.
maestroMaestro – nearly all debit cards are now Maestro cards and they are widely accepted for real money online gambling.
debitcardDebit Card – if you’ve got a bank account then you’ve got a debit card and 99% of bookmakers accept them.
creditcardCredit Card – great for deposits but not so good when it comes to withdrawing your winnings, widely accepted.

Less Popular:

bank transferBank Transfer – you can use an online bank transfer to deposit however it can take longer than other methods to process.
chequeCheque – send it in via the post but will take a long time to get the money in your betting account.
entropayEntropay – a virtual credit card which is great for protection but has high charges in comparison to other options.
paysafecardPaysafecard – buy a card at any outlet and then type in the code to deposit to your betting account with it.
idebitiDebit – a type of online bank transfer via a third party – not really recommended.

How To Deposit & Withdraw

It’s impossible to write a universally accurate guide to depositing and withdrawing from an online betting site because all are slightly different and the process will vary depending on which method you use.

However… the process is very similar at all online bookmakers so following the steps below should be enough for you to be able to work out what you need to do:

Depositing:

1) Choose your preferred option from the list above and join one of the suggested bookmakers.

2) Log into your account and look for the ‘My Account’ section. Normally accessed somewhere in the top navigation bar or via the menu icon if using an app.

3) Find the deposit section which is often referred to as banking, deposits, or funding.

4) From here choose the option you prefer and enter the amount you want to deposit along with any details required to process the payment.

5) Hit the submit button and the funds will be added to your account. This is instant with most methods but if using bank transfer or cheque you’ll likely have to wait for the payment to be processed and confirmed.

Withdrawing:

1) Again log into your account and head to the banking section but this time select withdrawals.

2) Choose how you’d like to withdraw, it must usually be the same way you deposited unless you’ve chosen a method that doesn’t allow withdrawals (credit cards for example can’t withdraw more than the deposited amount).

3) Choose the amount you want to withdraw and hit the submit button.

4) You may be required to supply ID or some kind at this stage. Don’t be alarmed, it’s a normal process and is a measure in place to prevent money laundering.

5) The funds will hit your account in a timely manner depending on the method you’ve selected.

Dean Wyatt

Author: Dean Wyatt

Dean Wyatt is the founder and editor here at Acca Nation. He’s been betting sports for over 20 years and is a profitable sports trader on the exchanges.

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