Using Paysafecard for Sportsbook Deposits

For those who love to bet on sports online, or even play real money casino games, there are plenty of trusted and secure payment methods available. Licensed casinos and betting sites host a variety of different options for both deposits and withdrawals, making it easy for players and bettors to find the method that best suits their needs.

Visa, Mastercard and eWallets are all exceptionally popular. However, another method has gained a huge following. This method is Paysafecard. Founded in 2000 by Wertkarten AG in Austria, Paysafecard is a safe, secure, and convenient way to fund your betting account online, allowing you to use cash and reduce the risk of your crucial information being compromised. It’s also accepted almost universally, making it ideal for punters from any corner of the world!

All about Paysafecard

Paysafecard is a prepaid, reusable card method that can be used to make online sportsbook deposits. To use a Paysafecard, you will need to purchase one from a physical vendor using cash, or from an online entity. One of the biggest benefits of this payment method is that you don’t need to provide any personal or banking information to use it, and it is totally anonymous because of this.

Paysafecards are widely available in over 30 countries worldwide, and there are also over 4,000 merchants online who accept payments using this trusted prepaid method. The fact that Paysafecard credits are already paid for in cash means no deposit waiting times or added fees either.

The benefits of making Paysafecard deposits

Paysafecard is ideal for those who wish to stay anonymous on the web, or who want their betting to remain private. Whenever you make sportsbook deposits using your card, the amount will be automatically deducted from the card’s balance, and you can reuse it again if you have a remaining balance left after an initial deposit.

Once the money on your Paysafecard has been depleted, you can simply buy another one, and the card is free to use for up to 12 months. Keep a positive balance on it for over a year, however, and $/€/£2 will automatically be deducted every month as an administration fee.

Essential Factors To Bear In Mind

Almost all major online betting sites accept Paysafecard as a deposit method, although be aware that it unfortunately cannot  be used as a withdrawal method for your winnings. It’s also good to remember that you cannot ‘top up’ a Paysafecard – if you need more money, you will have to purchase another voucher, and for withdrawals you may have to choose one of the many other withdrawal methods available at your preferred online sportsbook.

Even US friendly sportsbooks have begun to accept Paysafecard deposits, and this could become even more common as New Jersey’s legislation around real money casino games changes. For now, however, American players and punters will not be able to purchase the cards locally, while players from other regions are free to use the Paysafecard method.