Pros and Cons of Paysafecard Sports Betting
Paysafecard betting keeps financial information safe
Paysafecard is a prepaid payment system
You can't spend more than the card amount
Deposits are quick and safe with a 16-digit code
Use Paysafecard at over 600,000 outlets
It's well-established, ensuring no glitches or delays
Players need multiple vouchers for large payments.
Punters need Paysafecard MasterCard, Skrill, PayPal, or Neteller.
Paysafecard Sports Betting 101
Money is a sensitive topic, especially in the online gaming industry. You want to enjoy the action and be able to place your bets safely and conveniently. Paysafecard sports betting opens up a whole new world of sports, from the traditional ones like football and basketball to niche sports like Kabaddi.
What's even better than the plethora of sports is that the payments are instantly reflected in your account. You will need to get a Paysafecard voucher and this completes most of the heavy lifting. After you choose the Paysafecard bookmaker you want, go to the cashier section, select Paysafecard, and enter the 16-digit code.
That is it. The voucher will have a specified amount, which will then be transferred to your gaming wallet.
What Experts Say about Paysafecard Bookmakers?
Sports betting experts are quick to approve and recommend Paysafecard bookmakers. This is largely attributed to the multiple features Paysafecard provides to sports bettors. The first is that punters have the option to choose between creating a Paysafecard account or skipping the whole process and directly buying the vouchers.
Paysafecard bookmakers are the best platforms for players who do not want to exceed a specific amount when placing wagers. You can set a wager amount limit and stick to it because this deposit system is prepaid.
Paysafecard users can keep track of the vouchers they purchase through a native app on iOS and Android. If you do not want to have your other personal details floating online, you can place wagers at a Paysafecard bookmaker. Paysafecard casino gaming is also possible and we have an extensive review on that.
How Do We Rate Paysafecard Sports Betting Sites?
Paysafecard bookmakers are a dime and a dozen, but how do you pick the right one for you? You want to ensure you get the best possible user experience from a Paysafecard bookmaker. This means there are few must-haves, including reputation, licensing, betting markets, odds, customer support channels, and other acceptable payment methods.
The great thing about Paysafecard bookmakers is that they possess most of the features listed above, and you will not have to compromise for less.
What Is a Paysafecard Bookmaker and How Does it Work?
You may have come across Paysafecard when you were selecting a suitable payment channel for your online betting. But what is Paysafecard, and how do you use it? Paysafecard is an online payment channel that was established in 2000 in Austria.
This e-wallet is part of the Paysafe Group, which also operates 2 other digital payment methods like Skrill. Paysafecard is regulated in the UK and can be used in over 650000 outlets across 50 countries. It works like a voucher where you purchase a 16-digit code that is pre-loaded with a specific amount.
When you get to the payment section, you select Paysafecard, input the 16-digit PIN code, and the money is transferred instantly. You can choose to create a Paysafecard account or directly purchase the vouchers from the official website.
How to Choose Where to Bet on Sports with Paysafecard?
🔸 Range of Sports Betting Markets
Top-tier Paysafecard bookmakers will offer numerous sporting options for punters. You want to be able to explore different sports and betting markets so the bookmakers with a variety come in highly rated.
A tell-tale sign of a great Paysafecard bookmaker is that they have more than 20 sports in their lobby. This lobby should include traditional games, esports, and virtual sports. This way, you can play the sports you know and explore others in one sportsbook.
🔸 Competitive Odds
Variety is crucial in sports betting, especially when it comes to the odds markets. Punters need to have numerous odds at their disposal and not be limited to a few options. Paysafecard bookmakers provide odds like Both Teams to Score, Double Chance, 1X2, Over/Under, Asian Handicap, Draw No Bet, and even accumulator bets. Some bookmakers will have hundreds of betting markets, with the most thrilling betting experience.
🔸 Bonuses and Promotions
After you complete the registration process, most Paysafecard bookmakers will give you a welcome package that may include a match bonus or free bets. This means that the amount you deposit allows you to place more bets, which increases your odds of making big winnings. The betting bonuses and promotions for existing customers include cashbacks, reload bonuses, and a tiered VIP program.
🔸 Accepted Cryptocurrencies
Cryptocurrencies are a top-tier way to deposit funds and come with an added layer of security. Paysafecard bookmakers that also accept cryptocurrencies ensure that you are able to quickly top up your Paysafecard.
This payment channel can be used together with Paysafecard to ensure that punters receive their withdrawals instantly. Some of the acceptable cryptocurrencies at Paysafecard bookmakers include Bitcoin, Tether, TRON, Litecoin, and Dogecoin.
🔸 Security and Licensing
Paysafecard bookmakers are already quite safe because of this payment channel. It helps if a bookmaker takes more steps to better security. Your financial and personal data should be secured using SSL encryption technology.
Safety starts when you are choosing the bookmaker to use. This means that the Paysafecard bookmaker you decide to play at needs to have the right licenses provided by a well-known regulatory authority. This way, you are sure that your interests are protected, and you have an authority that follows up on the bookmaker.
🔸 Customer Support
Which channels are available for punters to have their issues and concerns addressed? Paysafecard bookmakers should have at least 2 customer care channels, including a phone number, email, or live chat option. Punters should be able to get help from a knowledgeable support team.
🔸 Bookmaker Reputation
What are casino review sites saying about the Paysafecard bookmaker? Sports betting enthusiasts should always do proper research for betting sites accept paysafecard sites to learn about the consensus on the bookmaker.
Paysafecard online betting sites that are legit and popular will have positive online reviews from existing users. The bookmaker's online reputation is a great way to determine if it lives up to its claims, be it the sports, betting markets, licensing, and security protocols.
Are There Any Paysafecard Bookmakers’ Fees?
Punters love using Paysafecard because they do not have to incur transaction fees. This means you can use this payment method for free. However, you should note that you may incur different fees. You will be charged a $2 monthly fee to regain an account that has been dormant for over 24 months.
If you purchase or recharge your Paysafecard from resellers, you will incur different charges based on the deposit amount. You will be charged $1.49 when you purchase a $10 Paysafecard from a distributor or reseller.
Making Deposits and Withdrawals at Paysafecard Bookmakers
First, you must purchase a pre-loaded Paysafecard from the recommended resellers on the official website. You will get a 16-digit code voucher that is set to a limit. The deposit process is simple and all you need to do is log in to your Paysafecard Bookmaker account.
Go to the cashier section and choose Deposit. From the option provided, select Paysafecard, enter the code from the voucher, and confirm the deposit. To make a withdrawal, you will need to register for a Paysafecard Mastercard or methods like Skrill. This is because withdrawals cannot be transferred directly onto the Paysafecard voucher.
How to Gamble at Sites That Accept Paysafecard
The thrill of enjoying your favorite game can be made even better when you can make some money. This is the driving force behind sports betting. But do you up and place a bet? Experts advise against this type of mentality. The best way to start gambling at a Paysafecard sportsbook is by following these steps:
1.
🔹 Select a Bookmaker
Punters who want a better sports betting experience will start by joining the right Paysafecard bookmaker. Ensure the sportsbook has all the features you need, including payment methods, customer support, and sports options.
2.
🔹 Learn the Terms
Sports betting utilizes specific terms that you need to be conversant with even before creating your gaming account. You have to research, read, and understand terms including money lines, futures, and odds.
3.
🔹 Mind the Odds
This is the most crucial aspect of betting that you should focus on. Odds are the probability of any outcome and the amount that you can expect to win. There are primarily 3 odd formats, namely American, Fractional, and Decimal. Odds are calculated in different ways in each of these formats.
4.
🔹 Sports Research
Your winnings will become more lucrative if you do proper research on the sport and team you choose to bet on. You want to look for important features about the team, from each player's performance to injuries and other factors that will affect a game's income. Use all the betting tools available by the bookmaker.
5.
🔹 Create an Account
After you choose a reputable Paysafecard bookmaker, create an account by filling in the relevant details. Go to the payment section and make a deposit using the 16-digit code. New players should set a budget to ensure they spend an amount they can afford. Start with a small amount and work your way up as you get better at betting.
Is Sports Betting with Paysafecard Legal?
Paysafecard is a legal payment method that is operated and regulated by the Paysafe Group. This group's subsidiaries are regulated under different jurisdictions. This company is licensed to provide electronic payment solutions under the Financial Conduct Authority, which applies to the European Economic Zones.
These licenses are the assurance that you need that Paysafecard is legal and your money is safe when you use this payment platform. The Financial Conduct Authority approves any Paysafecard updates and security measures implemented.
Paysafecard users can have their issues addressed by this authority. The legal framework surrounding Paysafecard ensures that punters browse the sports, place bets, and have peace of mind that their money is safe.
Alternative Payment Methods to Paysafecard
🔺 Neteller
This is a great alternative payment channel to Paysafecard, which is also operated by Paysafe Group. It was established around the same time as Paysafecard in 1999 and facilitates electronic money transfers. Neteller sportsbook abound and you can choose from our picks.
This payment system offers a prepaid card with details that you can use to transfer money to your account. To add to the appeal, Neteller users get to join a VIP program that awards them points and other rewards.
🔺 Bitcoin
The world of cryptocurrencies cannot be mentioned without Bitcoin. This cryptocurrency is one of the most reliable and safest ways to make online payments. Its safety is assured by blockchain technology, and its market experiences lower volatility than other cryptocurrencies.
Bitcoin users enjoy favorable market forces, which is why you may even get more funds for your winning when you use it as a payment channel. Bitcoin can also be used for sports betting and casino gaming.
🔺 Mastercard
Mastercard is an electronic payment system where you input the card number, and the money is redirected to the sportsbook account. Your Mastercard is linked to your bank account and deposits are directly credited from the account. Debit cards are the most popular payment method at casinos and in sports betting because of its large withdrawal limits and times.
Paysafecard Bookmakers FAQ
This online payment system has been in use since 2000 in Europe and 50 other countries. Players buy Paysafecard vouchers with a 16-digit PIN code that they use to make payments. You can purchase these vouchers without having a Paysafecard account. This is of great benefit to punters who do not want their financial information online.
Yes, you do not have to worry about Paysafecard's legitimacy. This is because this payment channel operates under the Financial Authority Conduct instituted for all financial institutions in European countries. Paysafecard bookmakers should be a regulated by trusted licensing authority like the Curacao eGaming Authority.
The best Paysafecard betting sites are well-structured and laid out, which makes it easy to find the Sign Up or Join Now icon. It is usually located at the upper left or right side of the top bar. When you click the Sign-Up icon, you will be directed to fill in the relevant details and complete the verification process.
Some of the details to fill in include your name, email address, phone number, and password. This should complete the simple registration process at a Paysafecard sportsbook.
Paysafecard payments allow you to not expose your personal information on Paysafecard betting sites. All you need is the prepaid Paysafecard voucher with the 16 digits to make a payment. Punters do not incur additional fees; thus, it is a free-to-use payment system.
The fees for Paysafecard Mastercard are minimal, making it tower above the rest. You get access to thousands of Paysafecard sportsbooks, and you can pick one with features that suit you.
One of the major cons of the Paysafecard is that it does not facilitate withdrawals. You will need to join this payment channel to another one to receive your money. Some withdrawal methods you can add to Paysafecard include Neteller and Mastercard. There is a limit to the amount you can load to one voucher. This means that if you need large amounts, you need to purchase Paysafecard vouchers.
You will not incur any fees at a Paysafecard sportsbook. This is primarily because Paysafecard does not charge a processing or transaction fee. The only costs you may incur, albeit small, will come from the other withdrawal channels you link to Paysafecard.
Paysafecard sportsbook ensures punters get the assistance they need when necessary. That is why they have proper customer support channels that you can use to lodge a complaint. The main ways you can contact the Paysafecard sportsbook is through live chat, email, or phone number. These channels will be listed at the bottom of the sportsbook's main site.