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(Note that not all of these deposit options are accepted by all our recommended online bookmakers and this article should be used as a guide only. Refer to the banking section of your chosen bookie site for specific details regarding payment options for your country.)
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Aussies placing real money wagers at sports betting sites can typically choose from a range of deposits in AUD currency including:
New Zealanders can choose between these commonly accepted payment services in NZD:
Punters from the UK have a range of deposit options at their disposal in GBP including:
The deposit options available for Europeans are very similar to the UK, but with more limitations. Generally, these EUR deposit options are commonly offered but with specific exclusions and additions depending on your country within the European Union:
The deposit options available for American players differ quite a bit from the countries previously discussed, as players from the US are restricted from betting at several of our recommended online bookmakers due to the US governments Unlawful Internet Gaming Enforcement Act (UIGEA) which restricts US financial institutions from processing payments at online gambling sites. Bookmakers like Bovada, 5Dimes which accept US punters offer these limited deposit options:
While many sites will say they offer credit card deposits, often you will find the card will be declined, this will be your specific bank. If you are experience issues like this it’s imperative that you contact customer service and ask them what the best deposit methods at that bookie are at this time.
One of the best parts of funding your betting account is often you will be able to get part, or all, of your deposit matched by your chosen bookie. This works in the form of match bets or no deposit bonuses, with these traditionally known as freebets.
The bookies do this so you will bet with them with the competitive nature of online sports betting (there are 100s of sites) meaning there are some great offers available to us.
How do they work exactly? you might ask. Well generally a deposit bonus will match a percentage of your outlay. For instance a bookie might match 100% up to $500. So if you deposit $500 you would have $1,000 in total to bet with.
Some bookies will even offer ‘no deposit bonuses’ which give the punter a certain amount of money for free to gamble with.
Both of these bonus types usually have wagering requirements attached to them, this basically means you have to bet the money a certain amount of times before you can withdraw it.
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Deposits and withdrawals at online betting sites can be difficult if you are in certain countries, so it pays to bet at a website with good customer service. For example, the USA, has very tough gambling laws and attempts to block online transactions with credit cards by forcing the banking institutions to disallow these types of transaction at offshore sites.
Betting sites like Bovada, BetOnline and Bodog88 (which services China) have made an art form of getting around these strict rules and the ways they recommend constantly change, so they set up 24/7 chat lines and phone lines to help you through the process. You can read the individual reviews of each bookmaker (accessible in the table above) to find out about their customer services options.