Paysafecard Betting Sites: How To Bet With Paysafecard
A beginner’s guide devised to get you started with paysafecard betting from scratch
This guide will show you exactly how to use paysafecard, the innovative prepaid deposit method that has been widely adopted in the UK gambling industry. You’ll see how easy and convenient it is to deposit funds into your online betting account with zero fees and without having to disclose any sensitive bank details. At the same time, you won’t be leaving any trace on your bank statement.
But that’s not all!
Today we’re looking at the essential bits you’ll want to know before betting online using paysafecard. This post should hopefully answer all your questions. Our betting guide also includes some of the best online betting sites that accept Paysafe.
Actually, some of you may already know a thing or two about Paysafe…
Those of you may have used Ukash in the past should have a good understanding of how Paysafe works due to the fact that Ukash has been merged with Paysafecard since July 2015.
The difference between common e-wallets like PayPal, Skrill or Neteller and Paysafe is that paysafecard uses codes instead of direct payments, allowing customers to make payments and transfer money online without linking credit cards or bank accounts. The Paysafe 16-digit PINs, vouchers or codes can be bought from more than 600.000 sales outlets.
Quickly navigate to your desired topic:
- What Is Paysafecard And How Does It Work?
- Online Betting Sites That Accept Paysafecard
- Fees And Limits
- Advantages And Disadvantages
What Is Paysafecard And How Does It Work?
What is a Paysafe voucher? A paysafecard is a prepaid card that allows you to spend your money safely and (if you desire) anonymously online.
What can I buy with Paysafe? You can pay at thousands of online shops across a whole range of industries: you can buy games on Steam, top up your PlayStation & Xbox wallets, buy Skype credits, pay for betting tips and most importantly, fund your online betting, casino and poker account. There are even internet, telephony and messaging services, as well as dating sites that accept paysafecard, so there’s a wide variety of products and services you can pay for using this prepaid payment method.
Although you can’t select Paysafecard as a direct payment method on eBay, you can attach your paysafecard MasterCard to PayPal and use PayPal to checkout on eBay. To use Paysafecard funds on Amazon you have to buy a gift voucher at the Paysafecard shop.
Where can I buy Paysafecard? Supermarkets, petrol stations, tobacconists, newsagents and many other shops; basically any store displaying the “PayPoint” symbol. There are +600.000 sales outlets worldwide.
Here is the Paysafecard shops list: https://www.paysafecard.com/en-gb/buy/find-sales-outlets/. Follow the link and enter your address, postcode or town to find the paysafecard retailers in your area.
Please note that Paysafe PINs come in denominations of £10, £25, £50, £75 or £100. Also, £125, £150 and £175 denomination vouchers are available at PayPoint providers. You can combine up to 10 PINs when you are making a purchase.
You can even buy Paysafe PINs online in the UK, and we’ll present you with the most convenient two options:
- paying via credit card or bank transfer from the official Paysafecard distributor: wkv.com
- paying with PayPal, Bitcoin / Crypto Currency, VISA / MasterCard, Phone Credit, Skrill & more via unofficial outlets such as 123giftcard.co.uk
Notes: You can buy paysafecard online with PayPal and you can use Paysafe to top up your PayPal account.
Buy Paysafe PIN online UK: Some third party websites will let you buy paysafecard with phone credit, crypto currency and other methods. Do your own due diligence before buying Paysafe from third-parties.
What is My Paysafecard? This is your personal online account where you can store all your voucher codes (PINs), so you don’t have to worry about losing the paper anymore. Plus, when you add your 16-digit PINs to the My Paysafecard account the funds become part of your balance and the voucher code can no longer be used by anybody else who might have peeked: From here you’ll make the payments using your username and password, just like you would do via PayPal, Skril, Neteller etc. On top of that, you also benefit from the Paysafecard loyalty programme, which includes discounts and access to great items at their PLUS Shop.
What is paysafecard MasterCard? A regular prepaid debit/credit card that you can use anywhere you want. Being directly linked to the My Paysafecard account, it allows you to spend your funds even in places that don’t accept vouchers. You can also withdraw money from any ATM and yes, you can put money on PayPal with Paysafe.
You can simply order your paysafecard MasterCard online via you My Paysafecard account. The annual fee is £8 and it will take between 5 to 10 days to be delivered to you by post.
Online Betting Sites That Accept Paysafecard
Wondering where to bet with Paysafe? Look no further! Some of the best UK betting sites allow you to fund your account using paysefecard. Here you have some of our top recommendations:
Paddy Power, Stan James, Royal Panda, Sky Bet and Betfair are some of the other online bookies that operate in the United Kingdom accepting paysafecard. Be advised that only some online bookmakers and online casinos will let you use Paysafe as a payment method for claiming welcome bonuses and free bets. Check the Terms and Conditions page or ask customer support via live chat before registering to be sure whether you qualify for the sign-up offers or not.
Paysafecard Fees And Limits
Although this payment method is basically free throughout the duration of using the service, all users have to pay an annual maintenance fee of £3, making it ideal for depositing money at sports betting sites and online casinos. However, there are a few additional charges that may come with opening up a Paysafecard account and using the prepaid debit card that you are able to get with it:
- Annual fee of £8 to use the paysafecard MasterCard
- 4% top-up fee when topping up the prepaid card (standard for prepaid cards)
- 3% (min. £3) fee for ATM cash withdrawals
- 2% fee for foreign currency payments
- Every refund entails a fee of £6
- From the 13th month a monthly fee of £2 is deducted from your account if you haven’t had any paysafecard transactions in the last 12 months.
Let’s not forget that Paysafecard does not charge you per transaction, unlike Neteller, Skrill, PayPal and other e-wallets which take a percentage of each transaction. Now that you’ve seen the fees for using paysafecard, it’s time to take a look at the limits that come with the service:
- Maximum amount per PIN: £200
- Single transaction limit: £750
- Maximum card balance: £4.000
- Daily ATM cash withdrawal limit: £400
- Annual payout transaction limit: £11.000 (available after successfully performing the KYC verification)
Paysafecard is essentially built for deposits and only on a secondary level for withdrawals, so you will find whether Paysafe is for you or not depending on the amount of money you wish to withdraw using this method. On the other hand, you don’t necessarily have to withdraw funds from your betting account to your digital wallet, as you can always use a bank account for withdrawals.
Advantages And Disadvantages Of Betting With Paysafecard
Paysafe has become one of the most popular alternate payment methods during the past years, but we know that nothing is perfect in this world, so let’s be frank and discuss the pros and cons of using paysafecard for online gaming.
Let’s start with the pros:
- There are several top bookmakers that accept paysafecard
- It’s legit: Every service of the Paysafe Group (Skrill, Neteller, Paysafecard etc.) is regulated by the Financial Conduct Authority
- You can start betting online without having to add bank account information or credit cards details, thus protecting your personal financial details is easy as there is no risk of credit card fraud and your identity cannot be stolen
- Paysafecard is free to use, there is only one small yearly maintenance fee
- It makes if easier for you to bet as much as you’ve planned
- Easy to buy as there are several sales outlets out there and if you want to, you can even buy Paysafe vouchers online.
There are a few disadvantages of using Paysafecard at online gambling sites:
- The 16-digit PIN can be used even after its expiration date (1 year), but a maintenance fee of £3 will be deducted from the remaining balance of the PIN
- Even though you can use Paysafecard as your depositing method, in most cases you will have to use another method to withdraw funds from your betting account
- You can only store up to £4000 in prepaid vouchers in the My Paysafecard account.
Should you really be using paysafecard for online betting? That’s completely up to you. If you don’t want your wife to find out how you’ve spent some cash then or if you don’t want to disclose any financial details then it is really a good idea to start depositing money to online bookies using Paysafe. If the leading online casinos, poker sites and sportsbooks are accepting paysafecard then there must be a valid reason for it.
That’s all folks! Hope that you enjoyed our beginners guide for paysafecard betting. If we missed anything don’t hesitate to comment below!