When you’re betting online the most important thing is to know that you’re completely safe and know that whatever method you choose for payment you are completely protected. Major esports bookmakers will be members of eCOGRA (eCommerce Online Gaming Regulation and Assurance) and operate websites, mobile site and apps using full SSL protection with your transactions verified by VeriSign. You can be certain your esports betting payments and csgo betting payments are safe with these protections in place.
The main methods of depositing and withdrawing your esports betting payments:
Credit Cards and Debit Cards
The primary way to fund your esports betting payments and csgo betting payments. Fees vary depending on the card provider. Generally debit card fees are much less than credit card fees.
Debit cards include VISA, Maestro, Switch, Solo and rarely carry a fee. Credit cards include Visa, MasterCard, American Express. Withdrawals may be classed as a cash transaction by the credit card provider and have the same fee as withdrawing cash from an ATM. AmEx is often not accepted due to high processing fees.
Paysafecard is a pre-loaded card accepted by betting sites. Add your money to the card and use the card with your chosen esports betting site. There are some transaction fees charged by sites and currency conversions have a fee.
Bank Transfer
A standard bank transfer will move funds direct from your bank account to the esports account. These generally come with low transfer fees, but these will vary from bank to bank.
eWallets And Digital Wallets
eWallets or Digital Wallets are a very good alternative to bank transfers or credit cards and act as an intermediate fund holding for your esports betting payments. All of these accounts are funded by bank accounts but are often easier to use online. Simply transfer funds to the eWallet and then use these to make esports and csgo betting payments. Registration with all of these ewallet providers is fast and safe.
Paypal – To use Paypal for esports betting payments you simply authorise your bank account and card with Paypal and transfer funds to Paypal that can then be used to deposit money to the esports site. Transferring funds to and from your bank account is free with Paypal. You will incur fees for currency exchanges.
Neteller – Long associated with esports betting and is used at most esports betting sites. Once registered and activated, Neteller can be used to make fast, simple and secure payments to your esports account. Deposit fees at Neteller are 1.75% for credit cards but bank transfers are free of charge. Withdrawal fees are 7.5EURO for Bank transfers.
Skrill – The most popular ewallet worldwide for betting sites, with instant deposits and withdrawals available via a registered email. Bank transfers are free but deposits to a Skrill account from a credit card have a 1.9% fee. Withdrawals via VISA cards and bank transfers have a $2.28 fee.
Each site will have minimum withdrawal amounts and processing times of withdrawals will depend on the method used. Depositing usually has no limit and is often instantaneous.