On the internet, there are plenty of prepaid card betting companies. This article will point out the exact advantages and disadvantages of this payment method. Make sure to carefully read the entire article – you will find out the complete list of bookmakers which accept prepaid cards. Moreover, we will talk about the overall safety of this payment method, as well as the most important limits (minimum/maximum amounts you can transfer in one transaction), fees, and processing times.
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The overall safety of the chosen payment method is one of the main concerns of online gamblers. Prepaid cards are one of the safest payment methods you can use for making deposits and requesting withdrawals at the best prepaid card betting sites. First of all, the main safety measure is that you do not have to link any other identity-validated payment method, such as a bank account or an electronic wallet. You can use cash money to buy prepaid cards directly from the partner stores. Therefore, you do not put at risk any sensitive information regarding your bank account. In matters of transfer safety, prepaid cards are just like any normal debit or credit card. All information that leaves your device is encrypted using 256 bits encryption. The only moment that it is decrypted is when your funds have reached their destination.
If you’re planning on using a prepaid card to make a deposit at the bookmakers who accept this payment method, you will have to follow a simple sequence of steps in order to obtain a prepaid card. All you have to do is to go to one of the partner stores and use cash money to purchase such a prepaid card. You will be able to define your preferred amount and buy a prepaid card that fits your needs. You might want to check the availability of prepaid cards at your local store before choosing one.
888Sport is one of the most popular betting companies with prepaid cards. The minimum deposit is as low as 10 GBP, while the minimum amount you can request in one withdrawal goes down to 3 GBP. For both types of transactions, the associated service fee is 0. The main difference comes into play when we refer to the processing time. All deposits are processed within a few seconds. On the other hand, withdrawals are usually processed within 1 and 4 working days. For detailed information regarding prepaid cards transfers on the 888Sport betting platform, make sure to check out the Depositing and Withdrawing section below.
$30 in Free Bets
888Sports is one of the most popular betting websites with prepaid cards. The most important advantage of this bookie is that it allows its users to use a handful of payment methods (both for depositing funds and withdrawing earnings). Besides this, there is also an amazing live streaming function available on the platform.
Melbet is another well-known option when it comes to prepaid card bookies. Compared to other bookmakers, Melbet users have simple deposits – at $1 being a minimum deposit limit. Moreover, the minimum amount you can withdraw in one transaction is as low as $1.5. All transfers are 0 fees regardless of the chosen method. The major difference between the two transactions is related to the processing time. All deposits are processed within a few seconds. On the other hand, it may take anywhere between 24 hours and 5 working days for withdrawals.
100% First Deposit Match Up
Another well-known pick on the list of online bookies that accept Prepaid Cards is Melbet. This online betting company offers its customers the best Customer Service (24/7 without any charges). Other interesting aspects of this bookmaker are related to the two available welcome offers and the amazing number of supported payment methods.
Just like any other payment method, prepaid cards have both advantages and disadvantages. First of all, there is no bank information required when you make a deposit or request a withdrawal. Compared to other payment methods, you get to choose among plenty of service providers and decide which one fits your needs the best.
If you’re planning on depositing a certain amount, you can define the exact amount of money you want to transfer on your card. Similar to all other credit and debit cards, the transfer procedure is one of the simplest. On the other hand, the main drawback of this payment method is related to the inability of requesting withdrawals.
However, please note that there are certain exceptions to this rule. There are some Prepaid card sport betting sites that allow you to withdraw your winnings directly to your bank account.
As mentioned before, it is very easy to make a deposit using your Prepaid Card. All you have to do is to choose one of the prepaid card sports betting online platforms and press the suitable button for a card deposit. From now on, the process is similar to any other card deposit. You will be prompted to fill in certain details regarding your payment method such as:
Below, we have prepared a detailed explanation on how to make a deposit using a prepaid card. The example uses the PayPal gateway. However, the process is similar when paying online regardless of your chosen platform.
Log in to your PayPal account
Click on Link a Card or Bank
Press the Link a Card button
Fill in the required information and confirm the transfer
There are several factors you need to take into account when choosing a payment method for your preferred bookmaker. These aspects include the associated limits, the fees you will have to pay for the service, as well as the overall processing time for each type of transaction. Below,
We have prepared two tables containing the most relevant information valid for several platforms that allow their users to take advantage of Prepaid card for online Sports betting. The minimum deposit depends from one bookmaker to another, and so does the minimum withdrawal. Regardless of the chosen bookie, you will enjoy 0 fees and rapid processing.
| Betting Site | Deposit speed | Free | Limits Min/Max |
|---|
|
888sport |
Instant |
£10 - £5,000 |
|
LVBET |
Instant |
€10 - €5,000 |
|
|
Melbet |
Instant |
$1 - $5,000 |
|
Betway |
Instant |
€10 - €5,000 |
|
NetBet |
Instant |
€20 - €10,000 |
| Betting Site | Deposit speed | Free | Limits Min/Max |
|---|
|
888sport |
1 - 3 business days |
£3 - £5,000 |
|
|
LVBET |
1 - 2 business days |
€20 - €5,000 |
|
|
Melbet |
1 - 3 business days |
$1,5 - $5,000 |
|
|
Betway |
1 - 2 business days |
€10 - €5,000 |
|
|
NetBet |
1 - 3 business days |
€20 - €10,000 |
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MoreIn conclusion, using prepaid cards for online betting as your main payment method has both advantages and disadvantages. Comparing it to other payment methods, we can see that it offers enhanced safety. If you’re planning on using this payment method for your online gambling account, we strongly suggest choosing one service provider that suits all your needs and has fair service fees. There are plenty of such companies in the world.
All you have to do is to compare their limits and availability in your country. The most important advantage of prepaid cards is that you do not have to share any of your sensitive information, such as bank accounts. Please, note that depending on your chosen Prepaid card service provider you may not be able to request withdrawals.
The only way of gaining access to your winnings is by adding a valid withdrawal method. We strongly suggest taking the look at the available payment methods on each bookmaker’s Terms and Conditions.
