Esports Betting Payment Methods – Choose the best option for your needs!
Payment methods that ensure seamless integration of online transactions to/from Esports bookmakers are essential. If you are unsure which payment method to use for betting on your favourite esports team, look no further. We have reviewed all common esports payment methods, and you can find the best sites for each of them below.
The Best Esports Betting Sites with the Most Available Payment Methods
What makes for good betting payment methods?
Online betting is a rapidly growing industry that is racking up impressive numbers with each passing year. With it, the Esports betting industry keeps flourishing too… and it all would not be happening if it were not for a plethora of online payment methods. There are many online payment methods to choose from out there, but the key is in getting the right one. Therefore, here are the three main factors that make online payment methods worth checking out:
The first and foremost – security! Security is of utmost importance for all online payment business out there. Whether we are talking about online wallets or payment getaways… or basically any other type, security is the top priority. Encryption, security certificated and frequent penetration testing is what ensures the optimal safety of these online payment method provides.
If the security is on point, the second factor that has to be taken into consideration is the simplicity. User interface and fluid on-page navigation are more important than most people think. Especially for beginners who are either charmed or scared by the on-page simplicity of a website.
3. Low Fees
Third’s the charm, eh? As far as good online payment methods are concerned, low fees are surely among the top 3 factors for all users. Lets face it – the lower they are the higher the chances for them to acquire new clients. It does not get any simpler than that!
Now that you know all three factors that come into play, let us jump straight to the actual payment method reviews!
Payment Method Reviews | What are the best Options for eSports Betting?
PayPal has been around since the early 2000s and is one of the most well-known e-wallets. You can add money to your account with credit cards, bank transfer and a number of other options. The systems are safe, though there are fees for receiving money. In general though, you will find more sites that accept Skrill or Neteller, making them more ideal wallets for esports betting.
|Safe||Few PayPal betting sites available|
The Best PayPal Betting Sites
Similarly to PayPal, Skrill is another well-established e-wallet. It works in many countries all over the world and supports a plethora of currencies. It is even more widely accepted than PayPal however. It comes with fees, though the way fees are charged is different from PayPal. Where PayPal charges fees for receiving money, Skrill charges a fee to charge your account. Skrill also supports a wide range of payment methods for both deposit and withdrawal.
|Many sites accept Skrill|
|Supports a wide range of payment methods|
The Best Skrill Betting Sites
Neteller is another very popular payment method for all sorts of online betting. Even though that’s not its primary use, Neteller is being used for betting all around the globe since it has many advantages over conventional options. It works very similarly to Skrill and you will find many betting sites that accept Skrill.
|Many sites accept Neteller|
|Supports a wide range of payment methods|
The Best Neteller Betting Sites
Credit Cards and debit cards
Credit Cards are the typical online payment methods used for a whole variety of things. Among them of course, is esports betting. We are sure most of you are already well familiar with online payments via credit cards so there’s no point in getting into too much depth here. Credit or debit cards are widely accepted in the world of online betting, and you should have plenty of options, depending in which country you reside. Note that UK residents can no longer use credit cards, though debit cards are still an option.
Best Credit Card Betting Sites
Paysafecard is a prepaid physical or virtual card available in 46 countries all over the world. This online payment method is most appreciated due to the fact it can be purchased virtually anywhere and it has a solid base of anonymity online. Great for all things gaming… including esports betting, of course. Buy it with cash and deposit at almost any esports bookie! However, keep in mind that it cannot be used for withdrawals and it comes with a €/£/$ 200 limit.
|Safe||€/£/$ 200 limit|
Best Paysafecard Card Betting Sites
Trustly is a quick and convenient way of online payment strictly for Europeans. Trustly works perfectly across 29 European countries, making itself somewhat of a standard for online payments. This system lets you pay easily. All you need to do is log in to your internet banking to confirm the transfer. If you are located in Europe and you are looking for a quick and easy way to pay online, Trustly should definitely be at the top of your list.
|Widely accepted in Europe|
Best Trustly Card Betting Sites
For those of you who don’t know, Bitcoin is the world’s most popular Cryptocurrency. Other than that, it’s also noteworthy to mention Bitcoin is being heavily used for online betting too. esports betting is there as well, racking up great numbers as far as Bitcoin bets go. So, if you are looking for a fully anonymous, untraceable and ultra-secure payment method, there is no need to look further than Bitcoin. Bitcoin is especially ideal in countries with limited options for betting transfers.
|Fast||Miner’s fees or wallet fees|
|Widely accepted all over the world|
Best Bitcoin Esports Betting Sites
Ethereum is another crypto that has gained mainstream status, both with investors, consumers and esports bettors. As an esports betting payment method, is has the same advantages Bitcoin, however miner’s fees and wallet fees are usually lower. Don't miss out on our guide to Ethereum esports betting.
|Fast||(Small) Miner’s fees or wallet fees|
|Widely accepted all over the world|
Best Ethereum Esports Betting Sites
Klarna is a payment app from the same company as Sofort. Klarna is used by over 12 million people, primarily in Europe. You can use the app for online payments and then use the pay later option. It works in combination with a wide number or other payment methods, meaning you can top up your account free with your credit card, for example. The only “downside” is the currency system which only supports EUR transactions, and is not available in every country.
|Deposit now pay later||Only for Euro|
|Fast||Not available in every country|
|Works in combination with dozens of other payment methods|
Best Klarna Esports Betting Sites
Entropay is a now defunct online payment system where you could get you your very own virtual VISA card. Such a simple interface combined together with top tier security protocols is justifiably among the top solutions for esports betting. The service was very popular with esports bettors, however there are still plenty of alternatives.
Payment Methods for Esports Betting | FAQ
Do I Need To Enter my Personal Information for Online Betting?
All bookies (and/or payment methods) will require some of your personal information. This is the norm on the internet so you should not be worried about it. These types of websites are considered as safe and secure so there is no room for panic if you are asked to enter your ID or proof that you own the payment method you used.
Are the fees high for online payments?
As far as the fees are concerned, you will not have to worry about them… as long as you do not stumble upon a wicked bookie that is out to skin you off your money. Normally, you will have none associated to your transactions. Some bookies charge between 1% and 7% of the total transaction amount, though this is rare. Of course, certain e-wallets do charge fees, and there are also miner’s fees associated with using cryptos.
What if I win money by betting on Esports?
If you win money by betting on eSports, you will either want to bet the amount again to further increase your winnings… or, if you are a low-risk kind of bettor, you will be wanting to withdraw them back to your bank account/credit card. If that is the case, you will have to go through the withdrawal process, which is different for each payment method and the bookie you use. Most of the time, the processes are simple and they take a short while to be completed. Usually you need to verify your ID and payment method.
Are there any limits for withdrawing money on Esports bookies?
As far as limits go, the most likely culprits will be your online payment method and not your esports bookie of choice. However, unless you are a seasoned bettor who likes to bet (and win) big, we doubt you will come across limits that often. They are usually placed at around couple thousand Euros, Dollars or the equivalent value in your native currency. If you are a real high roller, you can easily make accounts at several betting sites.
What is the best esports betting payment method?
This is a tough question, as a lot depends on where you live and what kind of payment methods are available to you. Credit cards are usually the easiest, usually with no fees. E-wallets are also handy, though they do come with fees. Cryptos are great if you live in countries with limited options for traditional payment methods.
Can I bet without using my card?
Yes. There are plenty of esports betting payment methods where you do not need your card. This is especially handy in case you do not want gambling-related transactions showing up in your bank statements. These include:
- E-wallets: PayPal, Neteller, Skrill
- Cryptos: Bitcoin, Ethereum, Litecoin, Ripple
Which esports betting site has the most payment methods?
One of the esports betting sites that probably has the most payment methods is 1xbet. As this site is active all over the world, you will find hundreds of different payment methods, including up to 40 cryptos.
Esports Betting Pro: Our Verdict on Esports Betting Payment Methods
Choosing the right payment method usually depends on a few factors, the most important of which is where you reside. If you are in the UK or Europe, you will likely have no issue using your debit card, or a fast transfer service like Trustly. However, certain countries or territories have restrictions on which types of transfers you can do with your bank account. In that case, an e-wallet such as Skrill or Neteller or even cryptos like ETH or BTC might be your best option. Always choose a payment method with high limits and low fees!