Why use Paysafecard for esports? | The pros of Paysafecard betting in 2021

Paysafecard betting is a way to fund your esports betting sessions with a voucher and pin system, one of the most popular payment options for esports gambling in 2021. In this guide, we explain the pros and cons of betting with Paysafecard so you can decide if it’s a good option for you.

Discover the truth about Paysafecard betting

Top 10 Paysafecard Esports Betting Sites

  1. Unibet
  2. bet365
  3. Unikrn
  4. VulkanBet
  5. Betway
  6. Pinnacle
  7. GG.bet
  8. LeoVegas
  9. Nitrogen
  10. BetAtHome

What is Paysafecard?

Have you ever considered Paysafecard betting options? Paysafecard is a pre-paid card, which you can use online, that means punters don’t need to use their debit card for online betting. It means bettors don’t have to share sensitive payment and personal information online but they can still bet at the best Paysafecard betting sites. In fact, Paysafecard is available to use at the vast majority of esports betting sites, and appears to be getting more and more popular.

Paysafecard betting pros and cons

So, we know that Paysafecard is marketed as a payment method that is safe and secure but are there more advantages to using the Paysafecard payment method? And what are the cons?

Pros

Paysafecard allows bettor anonymity

A key reason to use Paysafecard over other payment methods, such as debit and credit card, is that you minimize the risk of losing money by fraud. Moreover, you don’t need to share your payment or personal data with any online bookmaker.

Paysafecard is an alternative to debit or credit card

If you don’t have a debit or credit card, Paysafecard is an excellent alternative payment for anyone who wants to bet real money online. Just find a nearby Paysafecard retailer or PayPoint and buy a voucher that you can use to bet online.

Paysafecard can help control your gambling

In addition, when you use the Paysafecard payment method, you limit the amount you can lose through simple esports betting losses. You can only lose the amount with which you topped up your prepaid card. Whereas, if you were using debit or credit card, or e-wallet, it is much easier to quickly add funds to your account in the spur-of-the-moment.

Winnings from Paysafecard can be transferred to your bank

It’s easy to transfer Paysafecard funds from your favourite esports betting site to your bank account. Just email the following information to Paysafecard and they will complete the transfer:

  • Your sort code
  • Account number
  • Name of bank
  • Name of account holder
  • IBAN
  • BIC
  • First name and surname
  • A copy of the front and back of your photographic ID, e.g. a passport, drivers license or ID card (max size of 5MB))

This transfer will cost you £6, and once you send the email, it will take about 3 to 4 days for the money to appear in your bank account.

Cons

Potential phishing risk

Although using the Paysafecard betting payment method means you keep details safe from prying hands and eyes, unsavoury characters can still create fake Paysafecard websites and merchants to lure you in. This way, you could find yourself giving the Paysafecard pin you have purchased to fraudsters who will then have your funds.

No withdrawals with Paysafecard?

Some esports betting sites allow you to deposit using Paysafecard but won’t let you withdraw with it. You would have to withdraw funds to your bank account instead. However, if you have a My Paysafecard account, some betting sites let you request funds to your My Paysafecard account with your linked email address.

Paysafecard fees

  • Maintenance fee: after using Paysafecard for seven months, you will be charged a monthly service fee of £3. This will be taken from the remaining balance on the PIN.
  • Conversion fee: if you want to convert your funds into a different currency, you’ll be charged. You can see how much it will be using the Paysafecard currency conversion calculator.
  • Redemption fee: if you want to get a refund, you will be charged £6.

Paysafecard deposit and withdrawal limits

Unfortunately, it is true that at some esports betting sites, the amount you can withdraw using Paysafecard is limited to €1,000 and sometimes lower at €250. Plus, some sites like Pinnacle limit the amount you can deposit using Paysafecard to €250.

Can you bet on esports using Paysafecard?

Paysafecard betting payments are possible with esports, yes, and most of the leading bookmakers accept it. You can see a review of all the best payment methods for esports betting on our site.

Paysafecard and esports have become synonymous in recent years. The company even sponsors major esports events like ESL One, the ESL Pro League and the ESL National Championship. Plus, they have major esports team G2 Esports on their books.

How to deposit for Paysafecard betting

The first step is the find a local Paysafecard sales outlet. There are more than 650,000 merchants worldwide so there’s a good chance you’ll find one nearby. These include gas stations and post offices. Helpfully, Paysafecard have a search feature on their website that allows you to easily find a merchant. Search for stores and you will be presented with all the options within a reasonable distance. Some stores even have a rating out of five to help you choose the best option.

To use Paysafecard, simply go to an official merchant and buy a voucher for a certain value. With the voucher, you are given a PIN number that you can use to bet online. Paysafecard vouchers are valued at the following amounts (in euros or alternative):

  • 10
  • 25
  • 40
  • 50
  • 75
  • 100

If you want to buy more than €100 then you can buy up to 10 €100 vouchers from one store at one time. Moreover, at a PayPoint, there are 125, 150 and 175 value options too.

To use the PIN you bought, you should go to your esports betting account, choose Paysafecard, and select the amount you want to deposit, before entering your PIN. It’s that simple. Note that you can also enter several PINs at once and your account will be credited with their combined value.

How long does it take?

Transfers are more or less instant. Once you have a Paysafecard voucher with your unique PIN, you simply need to go to esports bookmakers that accept Paysafecard and choose it as your payment method, select the amount you want to deposit (the minimum is sometimes €25), and then your account will be funded with that amount immediately.

Countries where Paysafecard can be used for gambling

Paysfecard is issued in almost 50 countries, such as the UK, Malta, France, Germany, and most of Europe, as well as the US, Argentina, Brazil, and more.

Paysafecard betting fees and limits

If you want to bet on esports odds at Pinnacle, the maximum you can deposit at once using Paysafecard is €250. The minimum deposit and withdrawal amount with Paysafecard at Pinnacle is relatively high at €25.

At bet365, the maximum you can deposit in one Paysafecard betting payment is €40. However, punters can use multiple vouchers on many esports betting sites, and the maximum you can deposit at Bet365 using several vouchers is €770.

Furthermore, the minimum Paysafecard deposit at Bet365 is €5. Other payment methods are accepted there, such as debit and credit card and PayPal, however, debit and credit card transfers take longer and PayPal is being phased out from some sites.

One piece of advice is not to buy little and often, because there is usually a service fee with Paysafecard vouchers. You can save money on this kind of fee by buying and depositing more at once, but less frequently. Although, please remember to gamble responsibly. You can see typical Paysafecard fees in the table below.

Paysafecard service fees (approximate)

Voucher value (€) Fee
10 2.49
25 2.99
50 3.99
75 4.49
100 4.99

 

Deposit fees for the Paysafecard payment method vary from bookmaker to bookmaker. A fee of 3.45% is typical but sometimes this is waived. For example, at Pinnacle, deposits with Canadian dollars do not incur a deposit fee. Note that Pinnacle only allows European players to withdraw with Paysafecard.

Best bookmakers that accept Paysafecard

There are many Paysafecard betting sites available but few of them are as good as the bookmakers we have listed below.

bet365 Paysafecard betting

Paysafecard betting payments have certain limits at bet365. The most you can deposit with one PIN is €40 but you can stack up a number of PINs to a total value of €770. The minimum you can deposit is €5. You can find esports bets on League of Legends and all the top competitive gaming tournaments at bet365. See our bet365 esports review.

VulkanBet Paysafecard betting

VulkanBet also accepts Paysafecard. They offer esports odds on Fortnite, Dota 2, and Call of Duty, just to name a few. Also, if you are a new player with a VulkanBet bonus code, you can get three matched deposit bonuses up to €225. You must deposit at least €20 and enter a bonus code for each of your three first deposits to qualify for this offer.

LeoVegas Paysafecard betting

Another of the best Paysafecard betting sites is LeoVegas. There, you can find esports bets on StarCraft, Overwatch and CS:GO. See our LeoVegas review. The welcome bonus at LeoVegas features a deposit bonus up to $1,600 plus 150 free spins. Moreover, if you join LeoVegas, you can get a 100% profit boost of up to £100 paid in cash.

Betway Paysafecard betting

Possibly the leading Paysafecard betting site is Betway. Everyone who visits the site will come away knowing the bookmaker is serious about esports odds. Betway’s Esports Club gives punters a €10 free bet every week when they bet at least €25 on doubles, trebles or accumulators. New Betway players also get a free €10 bet when they make their first deposit of at least €10.

Bet-At-Home Paysafecard betting

Paysafecard deposits at Bet-At-Home are instant and processed without a fee. And, unlike Pinnacle’s €25 minimum deposit, here you can deposit as little as €1, using the Paysafecard payment method.

You can see a Bet-At-Home review on our website. In fact, if you’re going to bet at Bet-At-Home or you’re just looking for the best Paysafecard betting site, this could be the bookie for you. In terms of pure depositing, most other options, such as the Skrill payment method, Netller, Trustly, and Visa and Mastercard debit cards, require a deposit of at least €10.

Now, €10 is often the lowest deposit requirement on many esports betting sites, but we see here that the requirement from Paysafecard is even lower!

Paysafecard betting vs the rest

Why would you choose Paysafecard over Neteller betting, Bitcoin esports, and Trustly gambling options? How is Paysafecard better than the Klarna payment method or Entropay betting payments?

Well, the clue is in the name. You can pay safely with Paysafecard and enjoy betting on esports without worrying about sending your data out there on to the internet. Internet privacy and data security are two major concerns in the modern world and Paysafecard is arguably the best payment method for protecting your sensitive information.

Moreover, Paysafecard makes it possible to bet on esports online even if you don’t have a debit or credit card or e-wallet like Skrill. All you need is a Paysafecard voucher from a nearby retailer and you can start betting online.

On the other hand, you have cryptocurrency payment methods, such as Ethereum and Bitcoin. These are potentially the esports payment methods of the future, and while they are considered quite safe, they can be vulnerable to theft attempts by hackers or viruses. Paysafecard is arguably safer.

Paysafecard security

Paysafecard is safe because you do not need to share your bank account or credit card information. However, you should follow a few simple steps to keep your funds and PIN safe:

  • Check the betting site or other website is an authorised Paysafecard merchant before entering a PIN.
  • Never share the PIN by email or telephone.
  • You can ask for your Paysafecard account to be locked if you suspect any nefarious activity.
  • Remember, government websites, law firms, and courts, etc, are not authorised Paysafecard merchants, so never pay fees demanded by them using Paysafecard funds.
  • You can contact Paysafecard’s customer support team if you ever need to clarify anything.

FAQs

What are the best esports betting sites for Paysafecard?

Some of the best Paysafecard betting sites are those mentioned in our article above. They include Betway, bet365, VulkanBet, LeoVegas and Bet At Home.

Can I use Paysafecard for esports betting?

Yes, many esports betting sites accept Paysafecard as a payment method.

Does bet365 accept Paysafecard?

Yes, you can bet with Paysafecard at bet365.

Is Paysafecard the same as PayPal for esports?

Paysafecard is a type of voucher you can buy from retailers offline, while PayPal is an online e-wallet. Each payment method has different characteristics, for example, they may have different minimum deposit amounts at online bookmakers.

Is Paysafecard safe to use?

Paysafecard is generally considered one of the safest payment methods to use to bet on esports online.

Esports Betting Pro: Our Verdict

With more of our lives moving ‘online’, many of us are more protective of our data and personal information. And for esports bettors who care about online privacy, using Paysafecard, where you buy vouchers ‘offline’, could be the answer. It’s also available in almost 50 countries and has more than 650,000 merchants worldwide, so bettors in Europe and the Americas especially, will likely have a retailer nearby.

Paysafecard betting payments are also accessible for people who don’t have a credit or debit card, for whatever reason.

One of the drawbacks of Paysafecard is that you have to pay the retailer a service fee when you buy a voucher, whereas simply depositing money at a betting site with a debit card doesn’t usually involve a fee.

Nevertheless, for the advantages we mentioned above, we think Paysafecard is an excellent payment option for many esports punters out there.

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Please be aware that all predictions given on this website are the oppinion of the author and might not necessarily be correct.

Bonus offers and betting odds featured on this website are subject to change. Terms and conditions of the featured bookmakers apply.