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Payment methods in sports betting

Posted on May 8, 2021July 15, 2021 by Francoise Fontaine

 

The payment methods offered play a major role when deciding on a betting provider.

Payment methods in sports betting

Until a few years ago it was only possible to fill your betting account by bank transfer, but this has changed a lot. In the meantime, betting enthusiasts have numerous different payment options at their disposal with which they have been able to top up credit with 토토사이트 betting provider. Especially if you have just started betting, you can quickly be overwhelmed by which payment method could be the right one.

What payment methods are there for sports betting?

Bank Transfer

The bank transfer is still the classic in terms of payment methods. For many years it was the absolute number one among betting providers’ payment methods but is becoming less and less important due to the relatively long transfer time.

Transfer service provider

So-called transfer service providers are absolutely trendy when it comes to depositing and withdrawing money from a betting account or from a betting account. These are services that allow you to make online transfers very quickly by storing the access data for your online banking.

E-wallets (PayPal, Neteller and Skrill Moneybookers)

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E-wallets are even more modern than transfer service providers. By far the best-known service is certainly PayPal.

Credit cards

Credit cards are a classic in the online payment world. Here you simply pay with the credit card details and the corresponding three-digit security code on the back of the credit card.

Debit cards

In addition to the classic credit card, the debit card should of course also be mentioned. The best-known variant is certainly the Maestro card, which is also accepted as a payment method by some betting providers.

Prepaid cards

A very secure option is so-called prepaid cards, which you have to top up in advance. Compared to electronic or card payment methods, however, they have precisely this disadvantage: topping up is another step that makes this payment method one of the slower means of payment.

Local deposit options (betting shop or machine)

By far the most analog payment method of all is depositing credit via a local deposit option. This can be done on the one hand over a gambling machine, on the other hand directly.

Posted in Sports BettingTagged payment methods, sports betting

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