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Best Paysafecard Betting Sites

PaysafecardOnce upon a time, we all had to go to the betting shop when we wanted to have a flutter. Today, online gambling is the punting alternative of choice for most. And there are loads of ways to fund our betting accounts.

Paysafecard is a secure and controllable deposit method. It’s also getting increasingly popular with punters. If you’ve never heard of it before, or simply want to learn more, you’ll want to read on. We’re going to provide all the details of how you can use Paysafecard for online betting. Plus, we’ll point you to the best Paysafecard betting sites.

Betting Sites That Accept Paysafecard

Open Account Offer.Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits & T&Cs apply.
18+ new customers only. Opt in, bet £5 at odds 2.00+ within 7 days of registering, no cashout. Get 2x £10 Free Bets, set events at odds 2.00+. Plus £10 Slot Bonus, selected games, wager 20x to withdraw max £250. 7 day bonus expiry. Card payments only. T&Cs apply. begambleaware.org | Please gamble responsibly
18+ New UK+IRE customers. PayPal and certain deposit and bet types excluded. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply.
New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. T&C's apply.
New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards or Apple Pay will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
New customers only – Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply & full T&C’s apply.
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

Deposits, Withdrawals & Time Scales

Bookmaker Deposit Min Max
Bet365 Instant £5 £770
Betvictor Instant £5 £5,000
Coral Instant £5 £1,500
William Hill Instant £10 £770
Paddy Power Instant £10 £770
888Sport Instant £10 £1,000
Betfair Instant £10 £1,000

Best Paysafecard Betting Sites & Why:

This list shows what we think are the best Paysafecard betting sites and also why we picked them:

  1. Bet365 – best sign up deal
  2. Betvictor – best odds on football
  3. Coral – best odds guaranteed on racing
  4. William Hill – trusted UK bookmaker
  5. Paddy Power – most event specific promotions
  6. 888Sport – decent all-rounder with good bonus
  7. Betfair – betting exchange as well as fixed odds

How To Use Paysafecards For Online Betting

Paysafecard is a prepaid payment method designed to allow safer, easier online transactions. It’s not only for online betting, but has become extremely popular with punters the world over. The central premise of the service is that it allows you to fulfil transactions online without using a bank account or payment card.

There are two main steps when it comes to using Paysafecard to make a deposit at a betting site. The first of these – unusually for the world of online gambling – does not take place on the net.

Getting Your Paysafecard PIN

To deposit to a betting account via Paysafecard, you need a 16-digit PIN. You can buy these PINs at a multitude of retail outlets all around the world. In fact, there are over 650,000 venues globally which sell Paysafecard PINs. In the UK, that includes branches of WH Smith, ASDA, and Poundland.

Paysafecard PINs are available in different denominations. Precisely which values of PIN are on offer depends on where you are in the world. UK-based punters can buy PINs worth £10, £25, £40, £50, £75, or £100 at any participating retailer. At special PayPoint outlets £125, £150, and £175 PINs are also available.

How you pay for your Paysafecard PIN is up to you. One beauty of using Paysafecard, though, is that it lets you to easily turn cash into online betting funds. Once you have your PIN, you’re ready to head to your chosen betting site.

Depositing Via Paysafecard

If you’ve got your 16-digit Paysafecard PIN, depositing at any site that accepts the method is easy. Simply head to the sportsbook, log in to your betting account, and go to the ‘Deposit’ area of that account.

Once you’re in the ‘Deposit’ area, choose the ‘Paysafecard’ option from the list of payment methods. You’ll then get taken to a page that asks you to enter only two pieces of information. Those are the amount you wish to deposit and your Paysafecard PIN. Input those two simple things, confirm the deposit, and you’re done. Your funds get added to your betting account straight away.

My Paysafecard

There’s also another slightly different way to use Paysafecard for online betting. On the Paysafecard website you can sign up for a ‘My Paysafecard’ account. It works like a kind of personal payment account or e-wallet.

When you then buy Paysafecard PINs, you can upload them into your account. That updates your account balance accordingly. When you then go to make a deposit at a betting site, you don’t need to enter individual PINs. Instead, you input your ‘My Paysafecard’ username and password when prompted.

Your chosen deposit amount will then get taken from your ‘My Paysafecard’ balance. The principal benefit of this method is that you don’t have to remember or keep all your PINs. You can upload one or more to your ‘My Paysafecard’ account, and then forget about them.

Why Use Paysafecard?

Ultra Secure

In this day and age, we’re all aware of the many cyber-security threats related to online transactions. Paysafecard payments are one of the only kinds of deposits that mean you don’t have to share any details online. You can buy a PIN with cash and it’s job done.

Cash Friendly

As well as having security benefits, being able to turn cash quickly into an online betting balance is also handy. Say, for instance, you have a successful day’s punting at the racecourse. Paysafecard is a quick and simple way to pop some of your real-world winnings into an online account.

Clean Bank Statement

There are no bank transfers or card payments involved with depositing via Paysafecard. That is, unless you buy your PIN with a credit or debit card. Either way, there will never be any betting site or bookmaker’s name on your bank statement.

Responsible Gambling

When you deposit with Paysafecard, you can only commit funds up to the value of your PIN. If you wanted to deposit more, you’d have to go out and buy another one. Funding your betting this way, then, makes it easier to keep a good grip on how much you’re punting.

Who is Paysafecard? Can They be Trusted?

Paysafecard is a subsidiary of Paysafe Holdings UK Limited. The company is headquartered in Vienna, Austria, and has a presence in 50 nations across the globe. Paysafe Holdings UK Limited also own Skrill and Neteller. They are, therefore, very experienced in the online payment niche.

Having been around for 20 years, Paysafecard is a reliable and trusted payment method. And not just thanks to its parent company’s experience and reputation. There’s also very little to go wrong when you choose to use Paysafecard. At no point do you have to risk any of your personal or financial information.

Paysafecard Timeline

Timeline

2000

Paysafecard.com Wertkarten AG got founded in the year 2000 by four Austrian businessmen. Its headquarters was in Vienna.

2001

Paysafecard launched in Germany.

2005

The company received EU funding to aid its spread across Europe. The service subsequently rolled out to nations like the UK, Spain, Greece, and Slovenia.

2008

Paysafecard receive a licence for operation in Switzerland

2011

In August 2011, Paysafecard absorbs Dutch competitor Wallie.

2013

UK-based rival Skrill acquires Paysafecard in a major deal.

2014

Skrill acquires their main domestic rival, UKash, and merges it with Paysafecard.

2015

The Optimal Payments Group complete a takeover of the Skrill Group. They rebrand the entire company as the Paysafe Group.

Paysafecard Betting FAQs

What Fees Will I Get Charged For Using Paysafecard?
As long as you don’t lose track of a Paysafecard PIN, you won’t suffer any fees whatsoever. You don’t pay a premium on the PINs (a £10 PIN costs £10), and betting sites don’t charge you to use the deposit method. The only times you may have to pay fees are if you don’t use a PIN within 12 months or wish to redeem it into cash. In the former case, you pay £3 per month or £2 per month if you have a ‘My Paysafecard’ account. In the latter case, you get charged a one-off fee of £6.
How Secure Are Paysafecard Deposits?
Paysafecard deposits could hardly be safer from a cybersecurity perspective. You can make such deposits without ever having to share any personal or financial details online. You can buy your PIN in person and then only need to input that PIN on the betting site.
Can I Withdraw Via Paysafecard?
At present, it’s very rare for bookies to allow you to withdraw via Paysafecard. That’s because it’s a prepaid payment method. When using Paysafecard in the traditional manner, there’s nowhere to withdraw funds to. A small handful of bookies do let punters withdraw to their ‘My Paysafecard’ accounts.
What is ‘My Paysafecard’?
‘My Paysafecard’ is essentially a personal payment account or e-wallet. You can sign up for one of these accounts and use it to upload all your Paysafecard PINs. Your balance is then updated as you add more PINs. You can make payments – or deposits – online using that balance, rather than having to remember or store multiple PINs.