A Complete Review of paysafecard Betting Sites

It is of vital importance that when you’re comparing new sports betting sites to play at, you consider the selection of payment methods on offer. In this instance, quality over quantity is definitely a key consideration – as you should only even deposit money using a payment provider you absolutely trust.

paysafecard is one such secure option. This company is a prepaid online payment method using vouchers in the form of a 16-digit pin code. By using this form of payment, there is no need to share sensitive information with third parties, such as your bank details. It is also the only way to make cash deposits. Stay tuned to learn more about the benefits of using paysafecard betting sites.

In this guide, we’ll explore how you can use this payment service and the benefits of doing so. We’ll then also look at the best betting sites that accept paysafecard to deposit and withdraw funds.

How to Deposit Successfully with paysafecard

Depositing funds with paysafecard can initially seem a little complicated, but it’s actually very easy. Before depositing at a sports betting site, you first need to deposit with paysafecard so that you have sufficient funds.

Once you’ve created a paysafecard account, you need to find a location where you can add funds. This works much in the same way as a voucher for a shop. You buy a card for a certain amount and then you can use these funds until they run out, entering your 16-digit pin when you make a payment.

You can use the paysafecard app to quickly and easily locate sales terminals near where you live. In total, there are 600,000 paysafecard outlets globally, typically these are found in newsagents and petrol stations.

How to Sign Up for a paysafecard Account

Signing up for a paysafecard account couldn’t be easier and take less than a minute. Simply head to the paysafecard website and sign up for free. In order to register, you need to fill out your name, date of birth, phone number and address – as well as selecting your username and password.

The Pros and Cons of Using paysafecard

paysafecard is a particularly popular payment method used by online sports betting players. The main reason for this is that it enables people to buy their deposits in cash. Meaning all of your betting activity isn’t monitored by your bank.

The other big benefit of paysafecard is that your money and details are much better protected. Unlike handing over your debit card details to a website – thereby placing your trust in the site to handle your details responsibly – by using paysafecard, damage limitation is very much at work, as in the worst case scenario of your funds or account being hacked, you’ll never lose more than the amount you’ve topped up.

The obvious downside to paysafecard is that you have to go and top up your account in person. For many people this isn’t a problem – and even a preference – but it does take a bit of planning and organisation on your part to make sure your account does run empty at an inopportune moment. Also, paysafecard is accepted mainly for deposits. Technically, a user can withdraw to a my paysafecard account, but only a few bookmakers support that. Most bookies would allow a withdrawal via bank transfer instead, but this requires disclosing your bank account details, and defeats the purpose of using paysafecard.

Paying with paysafecard on Your Mobile

Although you can’t top up your paysafecard on mobile devices, you can use the paysafecard app to monitor your account (including your account balance) as well as help you find paysafecard top-up locations.

You can, however, use mobile devices to deposit at paysafecard betting sites in the UK, either by using the sportsbook app in question, or simply through your mobile browser.

In order to deposit at paysafecard bookmakers, you simply need to select your payment method and then enter the 16-digit PIN as well as confirming other account details when requested.

Safety and Security

The biggest benefit of using betting sites with paysafecard – as its name suggests – is safety. This is largely because you’re not having to trust sports betting sites with your bank details. This provides many users with peace of mind when gambling online.

Indeed, not only are your financial details also protected, but so too are your personal details – as you can make your deposits to paysafecard using cold hard cash. What’s more, paysafecard also proudly boasts that its PINs are unhackable. This is due to the plentiful technical security mechanisms it has in place.

The History of paysafecard

paysafecard was founded in Vienna, Austria, in the year 2000. Within a year, the service had also launched in Germany. In 2005, the company got a major boost by receiving EU funding which enabled to company to expand its services into Slovenia, Greece, Slovakia, Spain and the UK.

In 2011 the company acquired Dutch competitor Wallie, before paysafecard itself was acquired by another popular betting payment method, Skrill. In 2014, Skrill bought out Ukash and merged the service into paysafecard.

paysafecard had 245 employees as of 2016, as well as around 2.5 million monthly users of the service.

Alternative Payment Methods

Many sports betting sites offer a vast number of payment methods to players, but this isn’t necessarily a good thing. It’s much better to stick with payment methods you know and trust.

This site helps users with new sports betting sites and as part of this has produced a range of guides about the best payment methods to use at online bookmakers. Our top payment provider recommendations for depositing and withdrawing funds are PayPal, Skrill, Apple Pay, Bitcoin, Neteller and, of course, paysafecard.

Conclusion

When it comes to payment method options to consider, there’s no doubt that the aptly-named paysafecard is one of your safest bets.

As well as being one of the only ways to deposit using cash at online bookmakers, using paysafecard betting is also the best way to protect your data when playing online – as you don’t have to give out your bank details, which is simply a huge benefit.

If you’re looking for the best paysafecard bookies online, then Grosvenor Sports is one fantastic option (make sure to check out the free Grosvenor Goals promotion), as well as NetBet, which offers one of the most generous welcome sports bonuses to players in the form of a free £50 matched bet when you sing-up. For more information about different payment methods, plus up-and-coming betting sites, feel free to check out our latest reviews.