One of the most common, and fastest, options are credit or debit cards. As a rule, it is common to find the following flags: Visa, Mastercard and Maestro. The transfer of funds to the account using cards is usually immediate. In other words, the customer does not have to wait 24 hours or days. For example, in the case of bet365, there are no fees for transfers using Visa, MasterCard or Maestro cards. Moreover, the transfer is immediate for deposits, and it takes 1 to 5 business days for withdrawals.
Advantages:
- Fast processing;
- Can be used for deposit or withdrawal;
- There are bookmakers that accept Elo.
Disadvantages:
- Considerably long processing time for withdrawals;
- Few flags accepted (usually Visa and Master).
Bank Transfer
There are bookmakers that accept credit cards and/or bank transfers. The transfers, as well as card deposits, usually occur on the same day. That is, if the customer makes an online transaction to their virtual account at a gambling site, within a few hours the balance will be available to play or bet.
Making deposits and withdrawals using bank transfer is possible at Rivalo, for example. There, a deposit via this method can take up to 4 hours. This will depend on the financial system, and on the order being settled. Withdrawals take between 3 and 7 days. Both options are generally not taxed.
Advantages:
- Bank account updated immediately;
- Very fast processing;
Disadvantages:
- Extra fees may be charged by banks;
- Not all banks accept it.
Digital wallets
Betting sites that accept Mastercard and bank transfer, usually offer eWallets. These work as a website where the customer deposits funds, and transacts them over the internet. Among the most famous in the industry are Ecopayz, Skrill, Neteller and Astropay.
The bookmakers that accept Ecopayz, for the most part, do not charge commission. The online transfer using Neteller, Skrill, Astropay, or any other digital wallet is usually immediate. It is possible to make deposits and withdrawals using this transaction method.
A good example of a bookmaker that offers this method is Betboro. Although deposits on the site are instant, withdrawals can take from 12 to 24 hours, depending on the method chosen. A great advantage for those who want to withdraw their funds without having to wait days.
PayPal
The bookmakers that accept PayPal present the company logo in the deposit or withdrawal tab. The transfer will be made in a similar way to other digital wallets. In the vast majority of cases, the transaction will be instantaneous. If your contribution is not credited, we suggest you open a call immediately with the support of the betting site.
Advantages:
- Fast transfer
- Secure method;
Disadvantages
- Not all bookmakers accept.
Bitcoin
There are bookmakers that accept Bitcoin and other cryptocurrencies. Because it is a digital currency, the transaction is very fast. For some online gambling sites, for example, it takes less than 15 minutes. This is the case with Bumbet. There, users from can make a contribution using cryptocurrency.
No fees will be charged by Bumbet. And the minimum deposit for this mode is $20, while the maximum is $5,000. Just like credit and debit cards, and digital wallets, Bitcoins are very fast and easy to use. Because of its simplicity, many customers use this form of contribution.
Advantages
- Amounts transferred quickly;
- Ease and privacy in transactions.
Disadvantages
- Like the digital wallets, it is necessary to be registered in another site.