For punters, online sports betting simply keeps getting better and better. We’re constantly being given new features to use, and new ways to bet. Not only that, but our betting experience is consistently improving too. Platforms are becoming more user-friendly, stable, and fun to use.Another important area in which things have improved is payment methods. We’re now given more choice than ever in how we fund our betting accounts. Prepaid options are becoming increasingly popular, and Paysafecard might be the most famous example.In this article, you’ll learn exactly what Paysafecard is, its advantages and disadvantages, and how you can start using Paysafecard betting sites yourself.
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Contents1 Top 10 Paysafecard Betting Sites In the UK2 Why Use Paysafecard? 3 How to Use Paysafecard for Betting4 Paysafecard Fees, Limits, and Processing Times 5 Paysafecard Signup Bonuses and Free Bets6 Paysafecard Pros and Cons7 Other Popular Betting Banking Methods in The UK8 Summary9 FAQs
The days of being limited to credit card and bank transfers to fund your online betting account are long gone. Nowadays, punters have an unprecedented amount of choice in exactly how they make deposits, and there are some significantly different routes you can take.
One of those routes is to use a prepaid card. For the uninitiated, these are physical cards which you usually buy from a brick-and-mortar shop. When you buy them, you indicate how much money you’d like loaded onto the card, which you pay for using the usual methods (cash, credit card, Apple Pay, etc.). You can then use that prepaid card to make purchases online, as you would with debit cards, for example.
Paysafecard is one of the best-known such brands in general. When it comes to online betting sites though, it’s easily the most famous prepaid card, and the most widely-supported too. While not universally accepted like Visa and Mastercard, the vast majority of top bookies also double up as Paysafecard betting sites.
So, why should you actually use Paysafecard online? For starters, it’s incredibly easy! You simply load up your card at a shop, then enter its details on one of the many Paysafecard betting sites out there. Also, just like a regular debit card, any money you don’t use on your Paysafecard simply stays there until you are ready to use it. Another big advantage is that – unlike other deposit methods for online betting sites – you don’t need any kind of bank account to purchase a Paysafecard; you can simply use cash instead.
Convenience is definitely one of the biggest reasons why people like to use Paysafecard betting sites. While it does require a small amount of physical effort (you actually have to go to a shop!), the overall process is still extremely straightforward.
Here’s a quick and easy step-by-step guide on how you can start using Paysafecard for your own online gambling. I’ll be using 888sport – easily one of the best Paysafecard betting sites around – as our example sportsbook.
It’s important to make a distinction here straight away. To simply use a regular, prepaid Paysafecard, you do not need to register for an account. You can simply walk into a shop and buy it.
You can register for a ‘My Paysafecard’ account though, and there are a couple of advantages to doing so. The biggest is that you can check your balances across your Paysafe Group products, and see exactly how much money you have on each card at once. You can also use the mobile app, which – amongst a few other useful features – lets you quickly find the nearest Paysafecard outlets.
If you do decide to register for an account, then go to Paysafecard.com and click ‘Sign Up’. Simply follow the instructions, entering your personal details and account information as prompted.
As you go along, you’ll be sent verification messages to both the email address and phone number you provide. In all though, the whole process takes barely a couple of minutes to complete.
As noted, even if you don’t actually want to register for a Paysafecard account, you can still buy the card itself whenever you please. This will be done in-person, rather than online, from an official Paysafecard outlet.
To find your nearest purchase point just head to Paysafecard.com, then scroll down on the home page a little until you see the ‘Sales Outlet Finder’. Enter your postcode there, and click ‘Search’.
You will now see all of your nearest retailers. Pick one, head over there, and ask to purchase a Paysafecard. Paysafecard UK users will typically be able to choose between the following amounts (in GBP): 10, 25, 40, 50, 75, and 100. Select your amount, and pay in whichever way you please.
This is the fun part! You have literally dozens of good options available when it comes to picking between Paysafecard betting sites. Some will naturally suit you better than others, though. That might be because they have specific features you desire (like live streaming, or certain offer types), or you simply prefer the user experience on one site over another.
To help save you some time, I’ve already listed the best 10 Paysafecard betting sites towards the top of this article. I’d recommend starting your search with these top options. For this example, let’s say you pick 888sport, which is a very solid all-rounder.
To get started over there, head to the website or mobile app and click the ‘Join Now’ button. Then, just follow all the instructions until your account has been created.
Like most things on 888sport, funding your betting account is extremely quick and straightforward. After signing up, you will immediately be prompted to make your first deposit. Alternatively, you can click the ‘Cashier’ option to reach the same screen. Select Paysafecard from your list of available payment options.
First, enter how much you’ll be depositing. Naturally, this can’t exceed the value on your Paysafecard. Then, enter the 16-digit pin number on the card you purchased, and click ‘Continue to Paysafecard’. The number should hopefully be confirmed very quickly, and – if it is – the money will be deposited to your 888sport account immediately.
Here we come to one of the main drawbacks of using Paysafecard. Unlike almost every other deposit method, after making a payment using a prepaid card like this into your betting account, you cannot then withdraw money using that method. Paysafecard is a one-way system.
To eventually withdraw funds from Paysafe betting sites like 888sport, you must register another payment method. This could be a debit card, PayPal, Skrill, bank transfer, or any other withdrawal option they provide.
There are two ways to do this. Firstly, you can make a separate deposit using that method, which will then be eligible for withdrawals too. Secondly, you can get in touch via live chat or email, and request to have the new withdrawal method added.
Either way, when you’re ready to cash out from your 888sport account, just hit the ‘Cashier’ button again and select ‘Withdrawal’.
Enter the amount you’d like to withdraw, then click the dropdown menu below, select your withdrawal method of choice, and click ‘Withdraw’.
There are fewer withdrawal restrictions when going from Paysafecard to your bank than withdrawing from Paysafecard betting sites to the card itself. The entire process is explained clearly in Paysafecard’s excellent FAQ section. Please note that you must have actually registered for a My Paysafecard account (see Step 1) before you can make a withdrawal.
In short, all you need to do is send an email to [email protected], with the necessary information. If everything’s in order, the money should be transferred within 3-4 business days.
Nobody likes paying fees – for anything – and with Paysafecard you don’t necessarily have to! If you’re simply looking to purchase a card, ready to use on Paysafecard betting sites, no fees whatsoever will be incurred. Elsewhere, very few modern online bookmakers will charge deposit fees either.
There are certain circumstances under which Paysafecard fees can be incurred, however. The most common example is leaving money on a card too long without spending it. Funds can remain in place for six months, but – at the start of the seventh month – you’ll be charged £3 if you still haven’t used them. If there’s still money on a card after 13 months, you’ll be charged £5. Both charges are obviously very easy to avoid if you keep an eye on your balances by using My Paysafecard.
You will also be charged fees if you convert from one currency to another (e.g. EUR to GBP), and if you withdraw money to a bank account. The latter is a £6 flat charge, while the former depends on the specifics of your conversion.
As for Paysafecard limits, the current maximum amount per online payment is £40, and the most you can withdraw to a bank account is £250. Maximum limits on Paysafecard betting sites will vary between bookmakers, but the industry standard for a minimum deposit is £10.
Finally, Paysafecard processing times are extremely speedy. When first purchasing your card the money will be added immediately, and all Paysafecard betting sites should instantly process your deposits.
Here we come to one of the very few drawbacks of using this payment method. Despite offering prepaid cards as an option, many Paysafecard betting sites actually consider them as ineligible when it comes to triggering promotions. This is true for both welcome offers and free bet deals for new customers.
Paysafecard is not unique in this respect, with eWallets like PayPal or Neteller often being ineligible for a qualifying bet too. If you like the look of a promotion, it’s imperative that you check out its full T&Cs before trying to use it, and look for anything regarding payment methods.
These restrictions on Paysafecard betting sites are certainly annoying, but there are a couple of routes you can take here.
Firstly, if you don’t actually care about special offers and simply want to focus on regular betting, you can use Paysafecard as normal. Secondly, if you do want to use an offer, you can use an eligible payment method initially, then switch to Paysafecard for subsequent deposits. If free bets are important to you – when following a matched betting strategy, for example – I’d recommend taking this latter route.
Our content on Safe Betting Sites is written by bettors, for bettors. That’s why we always try to give an informed, fair view to punters, and let them make their own decisions.
In this case, like anything else, Paysafecard does have its pros and cons. Here are the main points for and against Paysafe betting sites.
This is arguably the biggest advantage of all for using Paysafecard. While modern bookmakers do have plenty of powerful security measures in place, there’s always a slim chance that they could be hacked. If your bank details are stored on a hacked website, they would obviously become vulnerable immediately.
With Paysafecard, this isn’t a concern. You can simply use a one-time prepaid card to fund your account, without storing any banking information.
As covered above, it’s very easy to avoid paying any fees at all when using Paysafecard. This separates it from several e-Wallet solutions which charge money for deposits, withdrawals, and so on.
After debit cards and bank transfers, Paysafecard is definitely one of the most widely-accepted payment methods. This means you have an excellent amount of choice when it comes to picking between Paysafecard betting sites.
Obviously this is the main inconvenience with Paysafecard. While it’s fine for making deposits, you can’t subsequently make withdrawals to your prepaid card. If you want to cash out from Paysafecard betting sites, you’ll eventually need to use bank transfer or register an alternative payment method.
Paysafecard betting sites often provide a whole range of promotions. Check the T&Cs though and – along with the min deposit amount – you’ll find that some, if not all of these might not be accessible after a Paysafecard deposit.
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It’s not hard to see why Paysafecard has become so popular. While not a perfect solution, it undoubtedly offers something genuinely different to the other most common betting payment methods. Most importantly, it is very easy to use, widely accepted, and offers additional security to its users.
After reading this article, you should have a great idea about the pros and cons of Paysafecard, and how to start using Paysafecard betting sites for yourself. All you need to do now is find your nearest sales outlets, sign up with one of my recommended Paysafecard betting sites, and start wagering!
A prepaid card, which you purchase directly from a sales outlet. The money on that card can then be used to fund your accounts on Paysafecard betting sites.
You can buy Paysafecard pins online, to top up your various balances. The actual card, however, must be purchased from a store.
There are no real Paysafecard vouchers available at this time. The nature of this product doesn’t really lend itself to special offers, promotions, and so on.
MansionBet and 888sport are both very good all-rounders. The likes of William Hill, Ladbrokes, and Coral are safe picks too.
No, you can only make payments. To cash out on Paysafecard betting sites, you must register another payment method (debit card, eWallet, etc.).
Joe is a highly-experienced writer, with a focus on sports betting content. His specialties include sportsbook reviews and betting tips. A keen football fan, he also loves analysing and writing about the beautiful game.
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