Basic Knowledge

How to Deposit Into Your Betting Account

How to deposit money to the betting account

To bet on your favorite sport, deposit money into your account after creating it. It's quite easy. All online bookmakers accept various deposit methods. You can choose your suitable way on the selections.

Choose a method

Payment Methods

Generally, bookmakers accept deposits via credit cards, debit cards, e-wallets, bank transfers, cryptocurrencies, and other third-party payment options.

VISA and Mastercard are the most common brand as the deposit method. In addition, some bookmakers accept AMEX and JCB.

There are many e-wallets as payment methods in the betting industry. Neteller, Skrill, Paypal, Payz, Muchbetter, Jeton, these e-wallets are very popular worldwide. But They have country restrictions, so available use depends on the rule and your residency.

A bank transfer is the easiest way to deposit into the account. Cryptocurrencies like BTC, ETH, XRP and USDT are also good ways to deposit money.

Benefit of using e-wallets

If you are worried about giving gambling websites your debit or credit card information or you do not want your bank contacting you or suspending your card because it has been “flagged” for unusual transactions (for some reason banks think that depositing money into another account that has no money in it is suspicious!?!) then using a money transfer service or e-wallet is recommended.

Using this method of depositing money means that the banks will only see transactions going from your bank account or credit card to the e-wallet rather than to and from the betting service.

Before registering with the online bookmaker, make sure that the gambling site accepts payments from the service you prefer to use. Paypal only provides services to a select group of on-line bookmakers so if you use paypal you might only be able to make a deposit with only a specified number of bookmakers.

Bookmakers are also choosey about where they allow money to be deposited from and may not allow a certain e-wallet to allow deposits to be made. Always check at the bookmakers site and make sure they accept the deposit method you prefer.

Fees

The gambling websites shouldn't charge you for making a deposit however make sure that you are aware of the charges that your bank may make for making any deposits via your bank accounts, although generally they don't.

If you choose to deposit into any online betting accounts that offer “betting exchange” services then you need to check their deposit and cashing out costs as they usually charge a "commission" (usually around 5%) for using their services.

Max/Min Limit

The amount of money you deposit is your choice but is usually up to a specified limit in one transaction - generally up to thousands of dollars so if you want to deposit more you may need to make more than one deposit through more than one transaction at a time.

For example, if you want to deposit $5000 and the maximum deposit at that website at one time is $3000 then you would need to deposit $3000 and then once the $3000 is in the online account you would need to make another deposit again for $2000.

There is always a "minimum" deposit restriction such as a minimum of $10 for example but each bookmaker has different rules and minimum amounts you can deposit with different methods of payment.

The amount you choose to deposit may also be decided by the bonus structure they offer.

Sometimes they may match a deposit (See more about bonuses here). So you may want to take advantage of this and deposit $200 instead of $25 so you would be credited with $400 instead of $50.

How to deposit step by step guide

It's effortless, and you can deposit money into your account with only a few steps.

First, look for the button or link displayed "deposit", and click it.

Next, choose your preferred method and fill out the information in the form.

For example, if you use a credit card, then the card number, expiry date, cardholders name(your name), and CVC code (CVC means a security code. The three-digit number that on the card back next to the signature area ) needed.

If you use an e-wallet such as Paypal, Neteller, Skrill, then enter the account number, password and so on.

After entering the required information with deposit amount, click the confirm button. Then, all done. Your request will accept immediately, and money will top up in your account.

1. Click a deposit button

2. Choose a preferred method

3. Enter the required information

4. Enter the amount

5. Click the confirm button

Finish!Your money deposited immediately

If you don't have any online betting account, open an account and try to deposit now. You would understand how it is easy actually.

Next guide: How to cash out from your betting account

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-Basic Knowledge