Sports betting poses as a great way to enjoy yourself and potentially, to snatch some nice prizes. As more and more punters decide to shift gears and to turn one’s hands to placing their wagers over the Internet, it is a matter of course that they will be on the lookout for a convenient and hassle-free way to perform their financial transactions. Still, considering the fact that sports bettors are presented with loads of payment methods, they might find it somewhat challenging to pick the right fit for them. Although there is such an abundance of options, paysafecard has positively caught on among gambling enthusiasts because of the great benefits its usage carries.
The reasons why paysafecard has developed into one of the world’s leading payment processors are aplenty, but gamblers tend to go for it mainly because of its promptness and reliability. It has been around for quite some time as paysafecard got its operations going back in 2000, thus making it possible for people from almost all corners of the globe to handle their payments across the web safely. Apparently, the company has marked pronounced growth since it was established as presently, the service is available in 49 territories worldwide.
It is true to say that using paysafecard when wagering on your favorite sports has a great many benefits, with one of the weightiest being that the prepaid cards are exceptionally user-friendly. A primary reason why an ever-growing number of punters decide to give the banking solution a chance is that they can handle their deposits to their preferred web-based bookie without them having a credit card or a bank account.
Obtaining a prepaid card is made a walk in the park and the first thing gambling enthusiasts need to do is to head over to paysafecard’s official website. Those who have never purchased such an e-voucher before might find the search feature extremely useful, as thanks to it, sports bettors will be able to figure out where the nearest sales outlet is. Fortunately, the prepaid cards can be found in 650,000 points of sale and counting, meaning that it may not be that hard to supply yourself with such a card.
Another great thing about paysafecard is that it is available in different denominations and in the local currency of each country, meaning that it will cater to the needs of gamblers from an extensive range of territories. When obtaining an e-voucher, sports bettors will be given a choice from a couple of amounts, including £10, £25, £50, £75, or £100. As long as gambling enthusiasts have decided to purchase their prepaid voucher from PayPoint, they will be allowed to go for cards, the denomination of which is £125, £150, or £175 as well.
As soon as punters have got a prepaid card, its full amount will be available to them so that they could get down to gambling to their heart’s content. It is important to note that using paysafecard does not necessitate signing up for an account, but gambling enthusiasts should certainly give thought to the benefits, which go hand in hand with establishing my paysafecard account.
Those who have decided to launch their online payments account will be given the chance to manage all PINs they have obtained without any hassle as they will be able to keep track of their payments fluently. Best of all, as soon as they have loaded their account using the e-vouchers they have purchased, they will be able to deposit to their sportsbook of choice safely simply by providing their username and password.
The sign-up takes only a few minutes, and punters will be promoted to provide some basic personal information such as their name, address, as well as a valid email address. On top of that, the registration is fee-free, which is also a great benefit. When sports bettors have completed the sign-up process, they will be assigned a standard status. The unlimited status is likely to meet the demands of high-stakes gamblers as thanks to it, they will be able to transfer bigger amounts and to make transactions more frequently.
Depositing with paysafecard
One of the greatest things about using paysafecard during your sports betting session is that it is not rocket science to top up your account using the e-vouchers. This means that the payment method might turn out to be up to the alley of total novices and experienced punters.
When sports bettors have found a paysafecard-friendly virtual bookie, they need to obtain a prepaid card with the desired denomination or to make sure that they have sufficient funds in my paysafecard. What gambling enthusiasts need to do next is to get around with the online sportsbook they have joined so as to find its banking page.
Once gambling aficionados have inspected the accepted payment solutions, they need to select paysafecard as their desired way to deposit. After this, punters will be prompted to lay out the 16-digit PIN of their e-voucher so as to proceed with their transactions. One of the greatest things about the prepaid cards is that gambling enthusiasts will be given the chance to pay with multiple PINs. That way, sports bettors will be allowed to consume the remaining amount they have on multiple prepaid cards or to top up their gambling account with a larger amount. Those who are unsure if they have any funds left in their prepaid voucher can easily check out its balance by entering its PIN right at the website of the company.
In order to complete the transaction, gambling enthusiasts will be required to decide on the sum they would like to upload to their account and to authorize the payment. This payment method will work without fault for punters who insist on the swiftness of their payments as when depositing via paysafecard, gamblers will have their funds credited in double-quick time.
Withdrawing with paysafecard
One of the biggest downsides of handling your gambling-related transactions via paysafecard is that it does not pose as a method for retrieving your profit. Unlike the majority of the other banking methods, which are supported by bookies, paysafecard does not double as a cashout solution, which might dissuade some gambling aficionados from using the payment processor. The inconvenience results from the fact that since punters cannot move their profit back to their prepaid voucher, they will be left no choice but to find another banking solution, which will work perfectly for them.
Fees Related to paysafecard Betting
Without question, paysafecard poses as a prompt and secure banking solution, which comes to explain why it has grown to become a fan-favorite payment method for sports bettors. While it stands out as one of the most affordable payment processors out there, gamblers should see to it that they are familiar with the fees they will face when using the service.
The company has ensured that its users will be able to get a feel for the service without any trouble as it has dedicated a separate section for the charges punters will face when utilizing the e-vouchers. A fee of £2 will be deducted from gamblers’ balance in the event that they have fallen through to use up all the funds they have in their prepaid card for 13 months. As long as punters have opened a my paysafecard account, and they have not carried out a single transaction from it, a maintenance fee of £5 will be applied to their current balance from the 13th month.
When depositing to their sportsbook of choice, gamblers should make sure that their account at the bookie is set up in the currency of their prepaid card. In the event that the transaction they have requested entails a conversion into another currency, sports bettors will end up paying a conversion fee as well. Luckily, gambling aficionados will be able to easily check out the current exchange rate right from the official website of the company. Another fee will be applied when paysafecard users request a refund as in such cases, a fee of £6 will be deducted from the amount they will have returned to them.
An essential thing to keep in mind is that gambling aficionados cannot make payments of sums larger than £250 per single transaction.
One of the best things about depositing via paysafecard is that the majority of the gambling operators do not charge extra fees on such payments, which budget-oriented punters will appreciate. Still, in order to ensure that they will not end up in a tight spot, it would be best if they comb through the web-based bookie so as to have the comfort that the gambling operator will not impose extra fees.
Benefits of Betting with paysafecard
As likely as not, gambling enthusiasts have already discerned that using paysafecard during their sports betting adventures has loads of advantages. What gamblers might relish most about the e-voucher is that it is supported by thousands of online sportsbooks, including some of the most trusted brands, meaning that they will have a wide range of options to choose from as to where to make their wagers.
Punters who have concerns with the safety of their funds or their personal data might be comfortable with using paysafecard as they will not be required to expose any such details whenever they decide to carry out a deposit. When gambling enthusiasts want to give their balance a boost, they will not be compelled to give any of their banking details to the operator as instead, they just need to type in the 16-digit PIN of their voucher, which will render them nearly invulnerable to any unscrupulous activities.
The speed, at which deposits via the prepaid card are conducted poses as yet another great benefit punters might particularly like. When using paysafecard to load their account with cash, gambling aficionados will be able to get into the action without any delays. As mentioned above, deposits via the prepaid voucher will be handled forthwith, which is not the case with some of the other payment methods punters can go for when gambling online.
The reason why budget-oriented gamblers do not frown upon using the prepaid card is that it gives them much better control over the funds they spend while gambling over the Internet. Punters for whom self-control turns out to be an issue will certainly appreciate that when using paysafecard, they cannot go beyond the budget they have originally set as they can only deposit the amount they have on the card they have already obtained. If you prefer to load more money into your account, you will be required to go and purchase another voucher, which might help some gamblers come to their senses.
The ease of use of the payment solution is yet another explanation for why paysafecard is so popular among sports bettors. Gambling enthusiasts will figure out that making payments using such prepaid cards is not demanding at all, which new kids on the block will appreciate.
Finally, paysafecard is available in a broad variety of territories and supports a profusion of currencies, which gives it a decided advantage over other payment methods, which work for the needs of punters from specific territories.
Drawbacks of Betting with paysafecard
There is no denying that paysafecard is a great banking solution, especially when it comes to online sports betting, but there are still some aspects in which it lacks. So as to get a feel for the payment service, gambling enthusiasts should also examine its downsides because this is the only way to figure out whether it will work well for them or not.
One of the biggest inconveniences the usage of paysafecard entails is that punters cannot retrieve their winnings back to their e-voucher. This means that they will need to pick one of the other banking solutions offered by the sportsbook when they feel like getting their winnings. Typically, operators tend to provide a sufficient enough variety of payment solutions, which are available for cashouts but it is always a good idea to inquire into this in advance.
Some gambling enthusiasts might not be comfortable with using the prepaid card because they will not have the chance to make deposits of larger sums. On the positive side of things, punters who take sports betting seriously might be keen on the idea to combine several prepaid cards or to make use of my paysafecard.
What some punters might find slightly irritating about paysafecard is that each time they would like to gamble, they will need to go to one of the sales outlets so as to get a prepaid voucher.
Regulation and Availability of paysafecard
As it turns out, paysafecard is owned by paysafe Holding UK Limited. Punters should not feel ill at ease while using the service as the company is authorized to provide payment instruments and to issue electronic money by the Financial Conduct Authority and more specifically, under the UK Money Electronic Regulations from 2011.
The availability of the payment method is one of its greatest advantages as the prepaid voucher can be obtained in nearly 50 countries in Europe, North and South America, and the Middle East. As mentioned above, paysafecard vouchers can be obtained from more than 650, 000 sales outlets, which can be found in the United Kingdom, Canada, the United States, Poland, Denmark, Spain, Portugal, the Netherlands, Germany, France, Italy, Sweden, Switzerland, Norway, Finland, Brazil, Australia, New Zealand, Malta, and the Czech Republic, among others.
Gambling enthusiasts might find paysafecard a perfect fit not only because it allows them to pay when and where they want but also because of the exceptional safety they will enjoy. In essence, payments via paysafecard are much like paying in cash as punters will not be required to provide their bank account, credit card information, or their personal details.
Another thing, which renders payments via paysafecard extremely secure is that in practice, punters cannot have their PINs hacked. The company has taken all the necessary measures to guarantee the security of its users because it will make them aware of trojans, viruses, and scams. Still, gambling enthusiasts who have the feeling that they have become a victim of fraud will be allowed to lock their PINs, regardless of the time. That way, punters can have the full peace of mind that the funds they have in their prepaid card will be safeguarded from further attacks. It should be noted, however, that if you have already locked your funds, you will need to request a refund in order to carry on with your payments.
Another thing gamblers can do so as to ensure the safety of their PINs is to make their real-money bets only at authorized online bookies. Of course, they should also abstain from sending their PINs via email or by phone as that way, they will become more vulnerable to frauds.
Finally, the company provides its users with information about some of the most popular scams, thus making them less open to attacks from fraudsters.
Sports bettors who are looking high and low for a payment solution to handle their gambling-related transactions should think over using paysafecard. When using the e-voucher, gamblers will benefit from instantaneous and cost-free deposits, which is a major plus. Transactions via paysafecard are secure at that, which is an advantage many sports bettors will be pleased by. Although paysafecard does not support cashouts, this should not make gambling enthusiasts frown upon the payment method as its advantages are still further than its disadvantages.