When it comes to making any type of transaction online, credit cards are the most used payment option. One of the biggest credit card brands in the world is Visa. Visa is available in more than 200 countries and territories. In fact, the only continent that this brand doesn’t operate in is Antarctica!
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If you have been looking for ways to make real money sports bets online, then you can consider this international credit card brand. To know more about the pros and cons of using Visa for sports betting, read on and find out!
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Advantages of Sports Betting Using Visa
The main advantages of using a Visa Card for online sportsbooks deposits are convenience and speed. If you own several types of cards – credit or debit – chances are you will see the Visa symbol printed on at least one of them.
Visa is an international brand that is able to process various currencies. Visa has a patented network called VisaNet for processing global payments. This state-of-the-art technology allows all Visa Card holders to make financial transactions from any corner of the globe. So if you like submitting bets at a sportsbook that is not registered in your own country, you can easily use a Visa Card for those payments.
In terms of speed, nothing can really compare to a credit card. The moment you send a deposit request, your money will immediately be sent to your sportsbook account. This is great if you are betting on a sports event live, where you need to constantly have funds ready. All you need to do is make a few clicks, and you will have money in a matter of seconds!
An additional advantage of using a Visa Card is that you don’t have to deal with a “middle man”, unlike other deposit options like electronic wallets. If you use an electronic wallet, you have to pay for fees and charges because you transact through its services. With a Visa Card, you transacting directly with your sportsbook.
Disadvantages of Sports Betting Using Visa
When you choose new sports betting sites that accept Visa, you will be required to disclose your account name (the exact name written on your Visa Card), card number, card expiration date and CCV security code (the 3-digit code found on the back of your Visa card). Once you type in these details, it will be saved on the site’s server.
Because your personal details and card information are saved in the betting site’s server, you are at risk for unfortunate cases of phishing and hacking. This is why some online punters prefer a deposit option that does not involve using credit cards.
Should You Choose Visa Card Sportsbooks?
If you are the type of punter who values speed above all else when it comes to online transactions, then using a Visa Card is a great option for you. If, however, you are the type of punter who is not comfortable with disclosing card details, then you should look at other options like PayPal sportsbook deposits or Paysafe sportsbook deposits. When you use an electronic wallet like PayPal or a pre-paid voucher like Paysafecard, you do not have to reveal financial details the sports betting site.
It is worth noting that Visa is a trusted international brand. Visa is known to have a top-of-the-line technology to keep your money and identity safe from hackers. It is also worth noting that the best sportsbooks online are also equipped with security measures to make sure your personal details are always protected. If you feel confident enough with the security levels of Visa and your favourite sportsbook, then you should consider using this credit card for your next online payments.
Welcome to BettingDeposit.com. We rank and explain the best betting deposits, payment methods and banking options at licensed betting sites for 2020 and beyond.
Depositing at online betting sites does not have to be complicated, but the process can be frustrating depending on where you place your bets. Mobile sportsbooks do not always explain how betting deposit options work, which methods are accepted, and how much new customers can deposit.
Our aim at BettingDeposit.com is to make it easier for gamblers to make betting deposits and payments at reputable betting sites known for quick withdrawals and competent customer service.
Best Betting Sites
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Types of Payment Options
Quality online sportsbooks provide numerous deposit options to choose from depending on your country of residence and the type of method you would like to use. For clarity’s sake, we organize every betting deposit method into one of a few categories:
Bank Account Transfers
Depositing to a sportsbook to place real money wagers from a bank account transfer or “bankwire” is a great way to make a betting app deposit, especially for sports bettors who make larger deposits. This is either done with a traditional bank wire, or a convenient echeck/ACH transfer.
Credit and Debit Cards
Online Sportsbook Agent
Almost all online sports betting sites accept credit card and debit cards, but a lot are rejected depending on where you are depositing from and what bank you are using.
Visa Debit Cards have the highest acceptance rates, there are even a few sportsbooks that accept American Express.
The most popular sportsbook ewallet deposit options are Skrill and Neteller sportsbooks for international depositing, and Paypal sportsbooks are also becoming popular in the US, UK, Canada, and most of Western Europe.
Prepaid Vouchers and Gift Cards
Prepaid betting vouchers like Paysafecard are a safe and convenient way to make anonymous deposits, or pay with cash.
Other Payment Processing Methods
Each category above covers multiple deposit methods that can be used to fund an account at your favorite online bookmaker or sportsbook.
Be sure to see our deposit method reviews for more information on the most popular options. There, you will find more information about that method, an explanation of how it works, and a list of the best online betting sites that accept that method.
Methods All Around the World
Not all betting deposit methods are available in every country, so we built a complete guide to depositing in every country. Our country-specific deposit guides explain the most popular deposit methods in each jurisdiction and provide recommendations of where to bet for simple deposits and fast withdrawals.
PayPal betting sites are in high demand in regulated gambling markets, particularly the UK, many European countries, and some US states.
Finding accurate information on which betting payment methods are available in every country is not easy, so please feel free to contact our team for assistance.
First Deposit Bonuses And Signup Incentives
Taking advantage of deposit bonuses at online sportsbook apps can make a huge difference in your profit and edge. We’ve listed the biggest betting deposit bonuses and recommend safe and legal online betting sites that are with a trustworthy history.
We’ve compiled some examples of different types of betting deposit bonus offers and welcome promotions available.
Online Sportsbook And Casino
Small Percentage Deposit Match Bonuses
Online Sportsbook Virginia
Some betting apps offer players a small deposit matching bonus, often 10% or 15% of their first deposit, these bonus funds can be used to make wagers but the bonus money itself cannot be cashed out.
However, any winnings for players who make successful bets are cashable.
In order to claim deposit match bonuses, players simply need to make a deposit and then the eligible amount will be added to the account.
In some cases, promotional codes might be needed when making a first deposit at a betting site.
Online Sportsbook That Accepts Visa
Most online sports betting apps offer incentives in the form of a flat rate refer a friend bonus where players are rewarded if someone they refer signups and makes a deposit based on their recommendation.
Free No Deposit or Risk-Free Bets
“Free bets” and bonuses offered by online sportsbooks aren’t always “free”.
Most operators require players to make a minimum deposit to claim a free bet promotion.
Cash Back and Rebates On Losing Wagers
Many sportsbooks offer a percentage cashback promotion, which is distributed monthly based on their losing bets or their total bets. During major events, sports betting sites frequently offer “can’t lose” offers – where players can make a bet, and if they lose, it’s refunded.
The legality of online betting varies by country. In some places, online betting operates in a grey area, making it difficult to understand if it is even legal to bet online.
Always make sure to check your local laws for any restrictions before placing real money wagers online.
BettingDeposit.com strongly recommends gamblers only deposit at licensed betting sites that are regulated, legal, and reputable.
Wagering at legal and licensed betting sites, and avoiding offshore sportsbooks, is the only way to count on getting paid on a timely manner, without excessive fees, and fast processing times. Doing so also ensures gamblers are paid quickly when withdrawing their winnings.
BettingDeposit.com was founded by an experienced team of veterans who know from firsthand experience how frustrating it can be to make deposits online and receive quick withdrawals from legal sportsbooks.
Our industry experience and connections ensure we are informed of the latest developments in payment processing, and we pass that information on to our readers.