Find top eWallet betting sites
eWallets are among the most popular payment options, for both deposits and payouts, used by sports bettors. Despite all the eWallet betting sites, if youâve never heard the term before, youâre not alone. Hardly anyone says âeWallet.â But believe us when we say you know what they are. Theyâre PayPal, Skrill, Netellerâbrands youâve heard of and probably used before. And just in case youâve never used eWallets to bet on sports before, weâve got the complete lowdown for you.
This eWallet betting sites tell-all will cover all of the following:
Fund your account instantly
Match a competitorâs bonus
Low deposit minimums
Lower withdrawal maximums
Fees
You will not be responsible for paying a fee at BetOnline when making deposits and withdrawals using eWallets. However, while most eWallets donât charge for deposits, they sometimes hit you with a fee for receiving money.
Speed
Depositing money at BetOnline with an eWallet is a super quick process. Your money will be available immediately. Even withdrawals are completed faster than the industry standard.
BetOnline is the best all-around online bookie when it comes to eWallet transactions. Theyâre processed incredibly fast, include minimal to no fees and you have the chance to capitalize on one the most competitive deposit-bonus offerings.
Read BetOnline Review
Zero fees
Low minimums
Speedy processing
Lower maximum deposit ($2,500)
Fees
eWallet deposits at SportsBetting.ag wonât run you anything extra. Ditto for withdrawals, although you might be assessed fees from the eWallet youâre using on those transactions.
Speed
Sportsbetting.ag eWallet deposits are active and ready to go as soon as you submit them. Similarly, theyâll process your withdrawal as quickly as any other online gambling site.
eWallet deposits at SportsBetting.ag are a breeze. Theyâre fast, cheap and easy. Unless youâre a high-stakes bettor who needs to deposit more than $2,500 at the time, SportsBetting.ag has plenty to offer you.
Read Sportsbetting Review
High maximums
50 percent deposit bonus match up to $1,000
Zero fees
Slower processing
Fees
Fees are not charged at BetNow on eWallet deposits and withdrawals. They are likewise among the sportsbooks that most eWallets wonât charge you to complete withdrawal transactions from.
Speed
Speed is not the utmost priority for BetOnline when it comes to eWallet transactions. Deposits will hit your account immediately, but withdrawal requests usually take more than a day to process.
Waiting a little extra on withdrawals to hit shouldnât be a deal-breaker if youâre considering BetNow. Believe us when we say the time is worth the money youâll save. Plus, you also have the ability to net up to $1,000 in free money when you make your first deposit.
Read BetNow Review
Low deposit minimums
Instant processing
Zero fees from Bodog
eWallets may charge a fee for incoming money
Fees
Donât worry about Bodog charging fees on eWallet transactions. Both deposits and withdrawals are processed without any additional cost to you.
Speed
eWallet deposits will hit your Bodog account instantly. Withdrawals, meanwhile, should reach your account in roughly one to three business days.
Bodog processes eWallet transactions without issue and does so posthaste, so you wonât have to wait long before youâre placing wagers at the sportsbook or casino. Equally important, they will let you bankroll your account with as little as $10, ensuring that theyâre a viable home for bettors of all types.
Read Bodog Review
Quick processing
Intuitive mobile design
High spending limits
Fees on international currency exchanges
Fees
eWallet transactions are processed at Bovada free of charge. That said, if international bettors need to complete currency exchanges as part of the transfer (i.e. they havenât already turned euros into U.S. Dollars), Bovada will assess a charge for doing so. This particular fee varies by the conversion amount and original currency type.
Speed
Bovada is committed to completing your deposit and withdrawal requests at light speed. Their eWallet transactions specifically are completed with hyper-precision. Deposits reach your account immediately, and itâll be hard for you to find an online gaming site that processes withdrawals any faster.
Mobile betting can be tricky. Bovada makes it easy. Both their app and mobile site designs are user-friendly, so it wonât take you any longer to bankroll your account and process other transactions. If anything, provided youâre willing to store your information, youâll be able to navigate transaction windows at a faster pace on their mobile site or app.
Read Bovada ReviewTwo-tier bonus system
Fast deposits
Quick sign-up process
Hard to use mobile-site design
Fees
No one will pay a fee at GT Bets when making deposits and withdrawals via eWallets. Any charges youâre assessed will come from the eWallet youâre using and most likely only on withdrawals.
Speed
eWallet deposits at GT Bets are finished as soon as you click the âsubmitâ button. On top of that, their withdrawal process is completed at an above-average pace.
GT Bets really outdoes themselves with their eWallet bonuses. They have installed a two-tier system. First, you will receive a 100 percent match of your first deposit, up to $500. Then, on your second deposit, youâll be eligible for another 50 percent bonus, up to $250. When paired with the ease and speed of their eWallet transaction process, itâs tough to come up with a reason not to use GT Bets.
Read GTBets Review
For the most part, eWallets are accepted everywhere. And this shouldnât come as a surprise, given that they specialize in overseas purchases. They have made completing international transactions an actual breeze, and they handle everything from currency conversion to multilingual customer service.
The best part of eWallet betting? The speed with which transactions are processed. Sportsbook deposits are immediate, and withdrawal requests arenât far behind. If your online gaming site cannot guarantee theyâll be finished within one to three business days, somethingâs wrong and youâre better off finding another home for your sports gambling. Even on withdrawals, thereâs a significant chance youâll be able to secure your money within 24 hours.
Creating eWallet accounts is a process that varies by company. However, itâs latest similar for all the most well-known eWallets, namely PayPal, Skrill and Neteller.
As an example, hereâs how it works at your PayPay account: When you visit their website, the registration button will be prominently featured on their homepage. Aside from entering personal informationâname, date of birth, email, address etc.âyou will need a credit card or linked bank account to start completing transfers. After you set that up, youâre good to go. The entire process shouldnât take more than a couple of minutesâassuming, of course, you have your preferred bank account or credit card information at the ready.
Best of all, and perhaps most importantly, eWallets give you a vivid breakdown of their safety and security measures. Theyâre among the most secure payment methods around, because thatâs why they exist in the first place.
Registering your eWallet with a sportsbook is extremely simple. Just visit the deposit or withdrawal section of your online bookie, select a particular eWallet as your preferred payment, enter all the necessary info and voila! A few seconds later, your transaction should be complete.
If youâre interested in speeding up the process even further, most eWallet betting sites will allow you to save this payment method inside your account so you donât have to punch in the required information all over again. Some people are hesitant to do this because they donât like giving automated access to their financial accounts, but if youâre using a trustworthy, well-known online betting sites, you shouldnât have much to worry about. Youâll appreciate the option when you make your next deposit and it takes you only a couple of clicks to get through it.
Pretty much every sportsbook in existence accepts electronic wallets. It is one of the most popular banking methods. So, instead of just giving you a bunch of online gaming sites that take them, weâve put together a list of our top five favorite eWallet betting sites:
Online sports books donât typically charge you anything extra for completing an eWallet transaction, be it for a deposit or withdrawal. This can sometimes change when dealing in large sums; gaming sites will absolutely assess a convenience fee if theyâre processing transactions above their usual limits as a courtesy to you. Beyond that, youâre looking at no extra costs.
Unfortunately, though, most eWallets will hit you with fees on inbound transfers. Theyâre not usually much, but they exist. They also vary by the transaction amount and eWallet brand.
Letâs again use PayPal, the worldâs most popular eWallet, as an example. They will sometimes charge you a fee when receiving money. They classify most inbound transactions as âsales,â which are subject to a flat $0.30 charge, in addition to another fee that amounts to 2.9 percent of the transaction.
On the bright side, in PayPalâs case, fees are usually only charged to registered businesses on incoming transfers under $5,000. For individuals, you can receive up to $5,000 per dayâand $15,000 per monthâwithout incurring any extra fees. This could be a turnoff if youâre looking to transfer massive amounts of money to and from sportsbooks. But even then, places like PayPal, Skrill and Neteller have been known to increase limits on a case-by-case basis.
Complicated betting strategies arenât required when using eWallets. Youâre not paying up the wazoo in fees, so your goal is the same as every bettor: Find the best sportsbook promotions. The cream of the crop bonuses will include a 100 percent or higher match on first-time deposits, up to at least $500. Be on the lookout for sites that will off 150 percent bonuses or match sums up to $2,500. What could be better than getting in all those free bets?
Sports bettors can use eWallets to process deposits and withdrawals while enjoying peace of mind. These third-party payment sites exist solely to enhance security. You are not in danger of your transaction being intercepted or stolen in any unusual way. Plus, it functions like a debit card in that it is money you already have. It is prepaid. No accidentally borrowing money here.
More intriguing still, eWallets act as a centralized transaction hub. The most well-known companies will be accepted everywhere, which means you can fund multiple sportsbooks (and make other purchases) using the same account. This ensures, by extension, that you wonât need to enter your personal bank or credit card information over and over again at each online site that you use.
Worry wartsâand thatâs not an insult; we support you!âalso have the option of customizing their security preferences. They can set up specific daily and monthly transaction limits and even set parameters to have their eWallet contact them for approval. We donât recommend doing this for every transaction, but if you want, say, Skrill to seek a second-step approval on all transfers over $500, itâs a good way to monitor your spending and protect yourself against financial harm.
Access Your Money Anywhere
Digital wallets have really started catering to the mobile device users. Their mobile sites and apps are pretty sleek. (We love PayPaylâs, in case you were wondering.) You will have the ability to check your eWallet and sports betting account balance and process transfers no matter where you are, making it a very convenient deposit method.
Universal Security
As stated previously, eWallets exist to make money transfers, both domestically and internationally, a simple and secure experience. Not only do they prevent you from entering sensitive information over the web ad nauseam, but their safety measures, both custom and default, inoculate you against fraud better than most bank accounts or credit card issuers.
Transactions Processed Cheaply for the Average Bettor
eWallet fees can sometimes end up being a little too steep for higher-stakes gamblers. Everyone else wonât have a problem wagering. eWallet betting sites donât take a cut to process deposits or withdrawals, and the best eWallets will only hit you with a small surcharge on transfers going into your account. As a rule of thumb, if your eWallet docks a percentage of the transaction from your account, you can probably do better.
About the Author
Trent’s your man when it comes to all things sports. He covers a wide range of sports for Sports Betting Sites, and has been published in some pretty reputable outlets, such as USA Today Sports, Vice, Bloody Elbow, Fight! Magazine, UFC 360, and Narratively. Trent’s got the inside track on all the happenings in the world of sports.
Read Trent’s ProfileAsk Trent about this guide:
