Once 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
Deposits, Withdrawals & Time Scales
Best Paysafecard Betting Sites & Why:
This list shows what we think are the best Paysafecard betting sites and also why we picked them:
- Bet365 – best sign up deal
- Betvictor – best odds on football
- Coral – best odds guaranteed on racing
- William Hill – trusted UK bookmaker
- Paddy Power – most event specific promotions
- 888Sport – decent all-rounder with good bonus
- 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.
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?
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.
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.
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.
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.com Wertkarten AG got founded in the year 2000 by four Austrian businessmen. Its headquarters was in Vienna.
Paysafecard launched in Germany.
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.
Paysafecard receive a licence for operation in Switzerland
In August 2011, Paysafecard absorbs Dutch competitor Wallie.
UK-based rival Skrill acquires Paysafecard in a major deal.
Skrill acquires their main domestic rival, UKash, and merges it with Paysafecard.
The Optimal Payments Group complete a takeover of the Skrill Group. They rebrand the entire company as the Paysafe Group.