Betting online is a fantastic hobby because we can do it while we’re on the go. That’s why there are loads of bettors who love to try their luck by betting on various sports.
However, the only way to place a bet is to make a qualifying deposit. Sadly, only a few gambling operators allow their customers to use a no deposit bonus, which means that you will have to choose a deposit option and add a certain amount of money into your account. Needless to say, you also have to decide which withdrawal method you’ll try out when it’s time to receive your winnings.
If you don’t have any previous betting experience, you probably wonder what kind of payment options you can use. That’s why we’ve decided to show you some of the most commonly used deposit and withdrawal methods, which you can find on almost every gambling operator.
Debit/Credit Cards
Most people around the world prefer to use their credit/debit card when it’s time to make a deposit or withdraw a certain amount. This probably doesn’t come as a surprise because people have been using this type of payment option for many years now, mainly for online shopping.
However, you should know that there are some places where you won’t be able to use your debit/credit cards. Some countries have decided to ban them, which is why you need to read whether you’re allowed to make a transaction carefully.
E-Wallets
There are all kinds of e-wallets out there, and most of the gambling operators allow their customers to use them. Some of the most popular e-wallets are Skrill, PayPal, Neteller, and ecoPayz, which is why you can find them on pretty much any big betting website.
Apart from the safety factor, many customers decide to use an e-wallet because they can take advantage of an exclusive bonus. For example, you can find many 22bet offers that you can get if you use one of the available e-wallets.
Although it mainly depends on the operator, almost every payment option that falls into this category allows you to make instant transactions. As a result, you can make a successful deposit and try out all of 22Bet’s sections.
Bank Transfer
This is the go-to option for most old-school bettors. Although it has its advantages, there are also some things that we don’t like. In most cases, you can only use this option if you deposit or withdraw large amounts of money.
Unlike the other payment methods, you will usually have to pay a fee if you choose this one, which could be substantial, depending on the amount.
Cryptocurrencies
This is one of the hottest payment choices right now. In fact, there are some gambling websites that are entirely focused on cryptocurrencies.
Similar to the e-wallets, there are tons of different crypto’s out there. Most people prefer to use Bitcoin, Litecoin, and Ethereum, but there are many other options. One of the most significant advantages of these cryptocurrencies is that they are safe. In other words, you won’t risk any of your banking information, which is really important nowadays.