Paysafecard Betting Sites
Match.Center prepared a selection of all paysafecard betting sites at least for depositing. We outline its modest advantages and reveal significant disadvantages. We’ll also tell you in detail about withdrawals and which bookmakers support them.
Betting Sites That Accept paysafecard
If you add funds into your betting account via paysafecard, you will not be able to claim most deposit bonuses. Carefully read the promo T&Cs. Use alternative methods to participate in online bookmaker promotions.
Explore the paysafecard Betting
It’s a pretty peculiar system, so it’s important to be honest in our review. We will not talk about paysafecard’s immense popularity in the whole industry – in the UK huge legal gambling market, there are less than 20 bookmakers that accept it. We will not say that there is no alternative to it, as actually, there are several much more convenient payment methods. We will show all its advantages, but we will not ignore its obvious disadvantages as well.
What Is paysafecard?
The system is based on prepaid vouchers with 16-digit PIN codes. You can acquire vouchers offline in stores and sales points or online on the website. For depositing at bookmakers, you enter a PIN from a paper or electronic voucher.
Early in the century, there was no such diversity of e-wallets and advanced online banking, so these vouchers were the easiest way to convert cash money and pay for services and purchases online. Though e-vouchers are now offered on the website, it largely remains a simple cash conversion tool. Currently, it is used in 40 countries, mostly in Europe.
Founded | 2000 |
Type | Prepaid vouchers and special Mastercard cards |
Supported in | 40+ countries (including the UK) |
Mobile app | Yes |
Betting site deposit fee | No |
Deposit speed | Instant |
Withdrawal speed | Up to 24 hours |
How Does paysafecard Work?
Everything is based on the prepaid voucher mechanics. One paper or electronic voucher contains a 16-digit PIN for a certain amount ranging from £10 up to £175. For example, you have a £40 prepaid card. For depositing funds into your betting account, you need to enter the PIN and the necessary amount. If you add £10, with the same PIN, you will be able to pay another £30. And if you have fully used the amount linked to the PIN, you will no longer be able to use the voucher for payments.
For the transactions with more than the maximum allowed value, you need to enter several PINs to transact.
Deposit & Withdrawal Limits, Withdrawal Times & Fees
The method offers some of the lowest transaction limits, although most bettors will not notice it. William Hill offers the highest funding limits per transaction among all UK legal bookmakers: no more than £200, however, there are no limits on the number of transactions per day. The greatest daily limit is £2,000.
Some bookies do not set their own limits, however, there are the paysafecard ones. There are two statuses in the payment system – Standard and Unlimited. The first one is awarded to all customers after registration; to get the second one, you need to go through verification (upload the scans or photos of your documents and wait for verification).
Here are the status limits:
Limit | Standard | Unlimited |
Monthly | £250 | No |
Annual | £3,000 | £24,000 |
Besides, we cannot leave the system’s commissions without attention. Deposits are subject to the following fees:
Service fee | If the PIN is not used fully within a month, £3 will be deducted monthly. |
Conversion fee | For converting a pound PIN into a euro payment, you need to pay a 3% fee. |
Refund fee (or Redemption Fee) | The fee for each withdrawal from your paysafe account to the bank one is £6. |
Service fee | If customers have not made any transactions in the past 12 months, £5 will be deducted from their account (or from 16-digit PIN codes available) monthly. |
Benefits & Drawbacks of Betting with paysafecard
This is a very peculiar system. Few customers will appreciate the advantages of such prepaid card payments, while others can’t understand why anyone would use it in the 21st century.
Here is why we like it:
- Convert cash into codes. This is an excellent option if you prefer using cash money to virtual ones. If you want to add money to your betting balance, you can buy prepaid PINs in stores, stalls, at petrol stations — almost everywhere offline.
- Speed. Deposits made via paper and virtual online PINs are processed instantly. On average, it takes 24 hours to withdraw money, once requested, and sometimes even less time, so it is one of the fastest methods.
Here is why we do not like it:
- Usually excluded from the deposit sportsbook bonus T&Cs. Bookmakers normally require a deposit to access promotions. But prepaid PIN-code and special Mastercard ways of funding are often excluded from bonus terms even on paysafecard betting sites, so you will have to use other methods.
- Relatively small maximum value. To make larger transactions, you will have to make a PIN “accumulator”. To make a transaction of £1,000 you need to buy at least 7 PINs (5 x £175, 1 x £25, 1 x £100).
- Supported by a few bookmakers. The popularity of this payment solution is exaggerated. There are only one seventh of UK legal bookmakers that accept it. The most preferred method to deposit is bank cards; bank transfer is used slightly less frequently.
- To withdraw funds, a bank account is required. Even if you withdraw money from your betting account to the paysafecard one, which is possible, from the latter, you can take out funds only via wire transfers. And do not forget about commissions! So, do not delay the creation of a bank account.
Key Points
- No deposit bonus for this payment option
- Great for converting cash into online transactions
- Supported in 40+ countries, currency conversion is available
- Instant deposits, up to 24 hours withdrawals
- The maximum volume of one pre paid voucher is £175
- Only bank transfers to withdraw from the paysafecard account
- Several commissions, storage questionable
- Comparatively average maximum limits for adding funds
Best paysafecard Betting Sites Review
Bet365
Launched in 2000, Bet365 has become one of the largest and most technologically advanced best paysafecard betting sites. The bookmaker supports a great number of video and audio streams, 4 types of Cash Out and a fantasy platform.
The number of top football outcomes exceeds 800; sometimes, such a large selection of markets is also available for staking on NBA matches.
Bet365 is loyal to punters with a small budget. The minimum deposit amount via prepaid vouchers is £5. Also, you can withdraw from £5 up to £2,000 per transaction; the payment process takes up to 24 hours.
Ladbrokes
Strides among the leaders of the UK market with over 40 sports, several types of Esports and non-sporting events (culture, politics), as well as up to 2,000 markets to bet online on top-matches with the #GetAPrice and Bet Builder features
At the Ladbrokes, the minimum deposit amount is £5. A payout of at least £5 that will be processed within 8 hours, which is why the bookie easily hits the list of paysafe betting sites. Also of note, Ladbrokes offers a kind of fantasy game called 5-A-Side (min. entering fee is £0.5) and 1-2-Free, a free prediction competition.
Coral
Founded in 1926 and now belongs to the same holding as Ladbrokes. Coral uses the same technologies and selection of events: 40+ sports, the Bet Builder and Build Your Bet features, as well as video streaming.
For all payment methods (except for PayPal), the minimum deposit amount is £5 and it is processed instantly. The minimum withdrawal amount is also £5. According to the bookmaker, you can get your winnings within 8 hours, once requested.
Paddy Power
Most renowned Irish bookmaker is also on the list of paysafecard betting sites. Over 2,000 markets for wagering on top football, a large selection of horse racing meetings , #WhatOddsPaddy and Bet Builder features, as well as streaming.
For all payment methods, the minimum deposit amount is £10. This is a standard amount for most bookies, although we have already mentioned several bookies with £5 options. Paysafe payouts are not available, wire transfer is an alternative.
Bwin
Founded in 1997 in Austria, this one delivers a high-quality but standard service: 25+ sports, 500+ markets on top football matches, a Bet Builder and media centre with streams.
At Bwin, you can top up your balance in the amount of at least £5 and no more than £2,000 per day. Also it’s one of a few paysafecard betting sites that provides withdrawals to the paysafecard account; the minimum is £5.
The bookmaker offers risk-free sports bets as a Welcome bonus. To participate you need to deposit at least £10 and place an accumulator with three sporting events at combined minimum odds of 2/1 (3.00). If the stake loses, you will get a refund in Free bets (up to £20). Paysafe is not included in the list of funding method restrictions, but the support team has not cleared up this issue, so keep in mind that an alternative payment method may be needed.
Bookmaker | Min deposit | Processing time | Withdrawals | Fee |
---|---|---|---|---|
Bet365 | £5 | Instant | Yes | 0% |
Ladbrokes | £5 | Instant | Yes | 0% |
Coral | £5 | Instant | Yes | 0% |
Paddy Power | £10 | Instant | Yes | 0% |
Bwin | £5 | Instant | Yes | 0% |
How to Make a Deposit with paysafecard
From September 2021, you must have an online account in the paysafecard system, to top up a betting one. At the same time, it does not matter which PIN you use for deposits – a paper or electronic one.
To top up your balance at a wagering site, follow the instructions below:
- Sign up on the website/in the app and log in.
- Visit the payments section.
- Select paysafecard as a preferred method.
- Enter the amount you wish to add.
- Enter your email and password.
- Enter one or several PINs to make a payment.
- Confirm the transaction.
Here are screenshots from the Ladbrokes site.
How to Withdraw with paysafecard
Here’s how you can get your money out:
- Enter your account on the betting site.
- In the payments section, select paysafecard.
- Enter the email.
- Enter the payout amount.
- Confirm the transaction.
Keep in mind that withdrawals from your paysafecard account are only possible via bank transfer (one-payment fee is £6).
Tips for Choosing a Bookmaker That Accepts paysafecard
Even if you really like this payment system, you shouldn’t focus on a bookie only because it accepts this option. The peculiar way to pay greatly hinders getting the best betting experience, so you should take advantage of everything that online wagering sites can offer.
Here are some tips to choose sports betting sites, including paysafecard betting sites as well:
- Assess the service itself. Look for the best selections of events and markets to bet on your favourite sports, the best odds, the most convenient mobile apps, video streams and interesting features. To help you with your choice, we have analysed all UK legal bookmakers and made a lot of compilations, as well as reviews of such bookmakers.
- Use bonuses, especially Welcome ones. As long as you are a new bettor, all online bookies need you. They will entice you with Welcome offers, and you can use them if you find their T&Cs suitable. The UK market offers punters hundreds of pounds in bonus money. It would be unwise not to get at least a small part of it. But please note, you cannot get bonuses for depositing via the payment method discussed, so you need to use other options, for example, debit cards.
- Think about the withdrawal method. Only five paysafecard betting sites allow withdrawals via this payment method. Check out the online sportsbooks’ withdrawal limits as well as alternative methods – they will be useful on other betting sites.
Alternatives Of Paysafecard
This controversial way of paying at least pushes to look at other options. Here are some popular payment methods that you may consider:
Debit cards
Modern e-banking allows you to stop searching for bank card alternatives. The debit card normally offers the highest limits, and making online transactions with this option is no more difficult than via e-wallets.
PayPal
This is one of the first e-wallets founded at the end of the last century that is still used widely. The payment system does not offer vouchers for cash money and it has higher transaction limits.
Skrill
This e-wallet has no pre-paid voucher mechanics, but, normally, it offers higher limits for deposits. This method allows withdrawals to bank cards and other e-wallets.
Bank transfer
This is the only way to withdraw funds from your paysafecard account, but it can be used as a deposit and withdrawal method also. Together with debit cards, this is a pretty convenient system, if the bank provides a high-quality online platform.
Paysafecard Betting Sites FAQs
Is paysafecard Betting Safe?
The payment method provides more security guarantees online. To deposit accounts at UK bookmakers, customers need to sign up and log into the paysafecard system itself, therefore, to transfer funds, their username and password are also required. Paper vouchers are just as safe as ordinary money: as long as they are in a safe place, they are safe.
Which Online Bookmakers Accept paysafecard?
Such major online bookies as Bet365, Ladbrokes, Coral, William Hill, Paddy Power, Betfred, BoyleSports, 888sport, NetBet, 10bet offer the payment option. In total, 1/7 of all legal bookmakers use it. You can check out the full list of these sports betting sites (excluding white labels) in our compilation.
Can I Withdraw Funds With paysafecard?
As for UK legal bookmakers, currently, it is only possible at Bet365, Ladbrokes, Coral, Bwin and Gamebookers. Match.Center experts cooperate with bookmakers from other countries, and we can say that such withdrawals are a rarity.
Will I Get Welcome Offer If I Use paysafecard?
If, to get a Welcome bonus, you have to make a deposit, then you cannot use this payment option to qualify as restrictions apply. Normally, you cannot get bonuses using PayPal, Skrill and Neteller. Visa/Mastercard/Maestro and wire transfers are the most popular options that are used to qualify for bonuses as there are no restrictions for them.
Do I Need a Bank Account for Using paysafecard?
For deposits you don’t. You can acquire prepaid PINs offline for real money or online. However, you can remove money from your paysafecard account only via bank transfers – for this, you will need a bank account.
Can I Cancel My paysafecard Account and Get My Balance Refunded?
Yes, you can. But first, be sure to withdraw money from your balance. A bank account is the only way to do this. To cancel, enter the My Details menu in the mobile app or on the site and, at the end of the page, click “Close Account”.
Does BetVictor Accept paysafecard?
No, it does not. The sports betting site supports Visa/Mastercard (also Visa FastFunds), PayPal, Skrill, Trustly and bank transfer.
Does William Hill Accept paysafecard?
Yes, you can make deposits at William Hill using paysafe. However, this method is not available for payouts; as an alternative, the UK betting site offers to use bank transfer. It should be mentioned that William Hill provides the widest range of payment solutions, compared to other UK legal bookmakers, so we recommend that you check them out in any case.