Esports Banking Methods

When it comes to online esports betting, it’s important that you can make deposits and withdraw your winnings quickly and easily. There are plenty of options available, whether you’re looking for traditional credit and debit card payments, or e-wallet options and prepaid vouchers. We’ve searched high and low for the best esports bookmakers with a range of different payment methods to set you on the right path.

An overview of esports betting payment methods

As technology develops, esports bookmakers are offering a more extensive range of betting payment methods, which gives esports bettors more of a choice as to how fund their betting accounts. However, in order to decide which payment method is right for you, it’s important to understand the ins and outs of each one. In this guide we take a closer look at what makes these banking options good, and what you should consider before signing up.

Credit and debit cards

We use credit and debit cards online on an almost-daily basis, so we’re familiar with how they work. The credit and debit card payment process is no different at online esports bookmakers. Simply select your deposit amount, enter your card details and billing information and you’re good to go. What’s not to like?

• Widely available
• Fast
• No fees

Any drawbacks?

• Sensitive information

E-wallets

E-wallet payments are easy, and simply require bettors to log in to their e-wallet account to make deposits and withdrawals. While you might not be familiar with the term, you’re bound to understand how PayPal works, and other e-wallets work in pretty much the same way.

• Widely Available
• Secure
• Instant

Any drawbacks?

• Bonus restrictions

Prepaid cards

It’s easy to make deposits with prepaid cards, such as Paysafecard. These are effectively vouchers to use for online payments and all you’ll need to do is enter the voucher number to make a payment at an online betting site.

• Budget control
• Secure

Any drawbacks?

• Spending limits
• Not suitable for withdrawals

Bitcoin

Bitcoin is one of the best-known cryptocurrencies and, while it’s not yet widely accepted across esports betting sites, its presence is increasing in the online gambling market.

• Secure
• Universal

Any drawbacks?

• Price volatility
• Not widely accepted

Ready to make a payment?

Every punter is different, and will have different needs when it comes to deciding on esports betting payment methods. Before you choose your preferred payment method, it’s important to weigh up the pros and cons of each. While some payment methods are super speedy, others offer budget control, it’s simply a matter of weighing up what’s most important to you. Of course, all licensed esports betting sites are required to take steps to protect your financial information and must only offer legal and secure payment methods so, while certain payment methods offer added security, your money should be safe whichever you choose. Want to find out which top betting sites offer these payment methods for esports betting? Click on the sites below to find an overview of the banking options so that you can compare and find the esports betting payment method that best suits your needs.