When betting on eSports online, one of the main decisions you have to make is which payment method to use. Betting online isn’t as easy as handing over cash, so you have to consider which deposit options are safe, trusted and readily available. We take a look at the top online sports betting sites deposit options so you can decide which payment method is right for you. Our esports betting payments guide includes details about credit and debit cards, web wallets and location specific payment processors.
The following esports betting sites accept players from South Korea and have suitable payment types:
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How to place real money eSports bets online
Betting on eSports on the Internet is an easy process. Your first move is to decide which online sportsbook to bet at – read our reviews of the best online sportsbooks for more information. Note not all esports betting sites cater to players from all countries, so we recommend reading our country guides to familiarise yourself with the online gambling laws that apply to you and choose a trustworthy site accordingly.
Once you have chosen your betting site, sign up for an account by providing your name, email, date of birth and contact information. Log in to your account, go to the bookmaker’s cashier section and choose from the list of secure payment options available. Follow the prompts to enter your payment information and complete the transaction; the funds will typically hit your betting account straight away, ready for you to place real money wagers on your favourite eSports games.
Popular deposit options for eSports bets online
When you sign up to bet real money on eSports online, the payment options available will depend on the site you are betting at and the country you are playing from. We have provided an overview of some of the safest and most popular betting options available at our recommended online sportsbook sites.
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Credit & debit cards
Regardless of all the new online payment methods emerging, credit and debit cards remain the most popular and commonly accepted payment method for online betting. Online sportsbooks typically accept Visa and MasterCard, although some sites may also accept Entropay, which is a virtual Visa card that provides an added layer of security. Another very popular credit and debit card company is American Express (best Amex betting sites), which is commonly accepted.
To place an esports bet using your credit card, just enter your credit card number, expiry date, your name as it appears on the card and the three-digit security number on the back of your card. Enter the amount of funds you wish to deposit and Bob’s your uncle.
Many of the top esports betting sites accepting cards like Visa, Mastercard and JCB (Best JCB betting sites) will also have a service called Click To Pay, which allows you to essentially store your card details in an app. You can then make online payments to bookies with a few clicks, without actually sending your card details to the vendor your are spending money at. Click To Pay betting sites are common right across the web.
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Web wallets
Web wallets (also known as e-Wallets) have become increasingly popular for online payments and are widely accepted at online gambling sites. An e-Wallet is an online payment service that allows you to transfer funds online without having to reveal any of your personal financial information to the online bookie. You sign up for an account with a web wallet provider, deposit funds to your web wallet and then use your web wallet ID and password to deposit funds to your online betting account. e-Wallets are safe, fast and provide a great option for players who are placing bets across multiple sportsbook sites, as you don’t have to provide your financial details to multiple venues.
The most commonly used Web wallets at eSports betting sites include Neteller and Skrill (formerly known as Moneybookers), although some country-specific Web wallets are also available, with these including options like ecoPayz betting, which has ballooned in popularity in recent years.
Another popular web wallet is hosted in Brazil, with many of the top esports betting sites accepting Pix Payments. Pix essentially allows customers to have a digital wallet funded with money, which can then be transferred to online betting sites instantly. Many countries have their own web wallet that works in a similar way to Pix Payment betting payments.
Another recently new payment method at esports betting sites is EzeeWallet, which is a web wallet accessible in places like the United Kingdom and India.
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Pre-paid cards
Pre-paid cards, also known as e-Vouchers, are a good choice for players who 1) don’t have access to a bank account or line of credit, 2) are ultra-wary about their online security, or 3) would like to remain completely anonymous when placing eSports bets online.
Prepaid cards can be purchased in real life retail outlets in exchange for cash, so you never have to reveal your banking information or identity. You will be given a unique PIN number, which can then be entered to your chosen online sportsbook site to transfer funds to your betting account. The downside? Prepaid cards generally can’t be made to withdraw your winnings, so you will still need to choose another payment method when it comes time to cash in from that winning eSports bet.
Popular prepaid cards accepted at online betting sites include Paysafecard (Top Paysafecard betting sites) and Flexepin. Pre-paid Visa and MasterCard gift cards are also available in some countries, which can be used anywhere Visa or MasterCard payments are accepted.
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Direct bank transfers
It is common for online betting sites to accept bets using direct bank transfers, so you can transfer funds directly from your account into theirs. Sportsbooks may use services like Citadel Direct to facilitate the bank transfer, or allow direct deposits via EFT or by visiting your local bank teller. The betting site will provide you with its bank account details, which you can then use to make your deposit. SEPA Direct Debit payments to betting sites are also very popular with this service available in over 30 European countries. Interac esports betting is also very popular in Canada, with this payment method allowing to electronically transfer funds between your bank account and your chosen bookie. Another popular service in the United Kingdom is Pay by Bank app, which allows you to instantly transfer funds between your bank account and bookmaker.
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PayPal
- Guide: Paypal eSports betting
PayPal is the world’s first and most trusted online payment service, and it is available at several leading eSports betting sites. Like web wallets, PayPal allows users to deposit online without sharing personal financial information with the bookie, while enjoying the extra layer of security that the PayPal system offers.
Players from some countries are unable to bet with PayPal depending on the gambling laws within their country. If PayPal is not available to you, consider one of the Web wallet services mentioned above, or the niche payment methods discussed below.
Country specific payment methods for esports betting
In addition to the most common eSports bet payment options above, you may come across all kinds of country-specific payment methods when placing bets online. These are payment services that aren’t available globally, instead catering to smaller markets like individual countries or regions.
Here are some examples of the niche deposit options you may find at the leading eSports betting sites:
- AstroPay
A pre-paid card catering to countries with complex online gambling laws, like Brazil and the United States - Bitcoin
Decentralised cryptocurrency and deposit and withdrawal option offered to Brazilian and USA players - Ethereum: Another highly popular cryptocurrency used at esports betting sites is Ethereum. With a greener footprint than bitcoin, Eth payments to bookies are instant and you can also process withdrawals using this option.
- Litecoin: A popular cryptocurrency that is readily available at esports betting sites in some jurisdictions. Litecoin has low fees, is largely anonymous and is much safer than other cryptos
- Boleto Bancario
A bank issued invoice for Brazilian players - POLi
Online payment service for Australia and New Zealand - Entercash
An online payment service available in certain countries within Europe - M-Pesa
Mobile deposit service for Indian and Kenyan players - GiroPay
A web wallet service available in Germany and Austria - PayID: A bookmaker deposit option that has grown very quickly in Australia is PayID, which allows users to connect a unique identifier to their account, like an email address. Many of the top Australian online bookmakers allow this type of deposit to fund accounts.
- Sofort
Online payment system for European customers - Apple Pay betting sites:
Apple Pay has quickly become a payment feature at many online bookmakers, although you will most likely only find this option available in countries wit regulated betting, such as Australia and the United Kingdom. - YooMoney:
YooMoney esports betting sites are readily available in Russia, with this esports banking option formerly known as Yandex. YooMoney is essentially an ewallet service that you fund, before transferring the money to a betting site account. Caters solely to the Russian Ruble. - BPAY:
A unique payment method available at Australian online bookmakers is BPAY, with this allowing you to transfer funds from your bank account to a betting site. The best BPAY betting sites have got low fees. This really is a convenient deposit option. - iDebit:
IDebit betting sites are readily available in Canada, with this a popular web wallet service in this part of the world. iDebit betting sites allow you to instantly transfer funds between your bank and a bookie with a high level of security. We regard this as a safe way to fund betting sites. - NetBanking:
NetBanking is a very popular payment options at Indian esports betting sites that supports Rupee payments. NetBanking is available to Indians that have got a valid bank account. This esports betting payment option has got low fees and is very easy to use, making it an ideal way to fund accounts. - Jeton:
Jeton betting sites are accessible in several different countries, including India, Poland and Brazil. This e-wallet service is particularly popular in India and provides a safe alternative to things like Visa and Mastercard payments to betting sites.
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Is it safe to place real money bets online?
Betting on eSports online is safe, provided you stick with secure, regulated sports betting sites that are regulated by trustworthy gambling jurisdictions. The site you are betting at should also be protected by a minimum of 128-bit SSL (secure socket layer) digital encryption security, which can be identified by the padlock icon in the URL address bar.
All the eSports betting sites we recommend tick the right boxes when it comes to safety and security, so punters can place bets at these venues knowing they are playing in a licensed and secure environment. If you are wary about handing your credit card or bank account information to an online gambling provider, consider using any of the alternative online payment methods above, or use a trusted VPN (virtual private network) provider for an extra layer of security.