The first step in getting started with betting real money online is to choose a betting site that accepts your most convenient banking method. The second is to choose the right deposit option to fund your account. This page will walk you through both steps by providing recommendations by site for accepted payment types.

Betting Site
Refund Your First Contest Entry Fee18/21+ to Play, T&Cs Apply

What you see above is a list of easy deposit betting sites. Each of these offers a unique experience, but they all share a few common traits:

  • Easy to use deposit methods
  • Reputation for safety and transparency
  • Fast withdrawals and payouts to winners
  • Legal and licensed to accept players where you live

The first three items in this list are fairly self-explanatory. If you’re going to play for real money, you want to know that your money will be kept safe, that you won’t wait forever for your transactions to be processed and that withdrawals will be promptly paid.

Legal and licensing status offer further assurances of safety and easy payouts. In order for a site to receive authorization from a legitimate regulatory agency, it is required to take financial safeguards like keeping player funds separate from operating expenses, honor all payouts, and provide fair games at all times. I can tell you from personal experience that unlicensed operators are by far the most likely to run into financial difficulty and refuse to honor withdrawals.

Choosing the Best Deposit Method for You

Once you have a safe place to play, you will need to find a way to move funds in and out of your player account. These options can come in the form of a bank transfer, e-wallet, prepaid gift card or voucher, even cash transfers.  The following listings will take you to reviews and explanations of some of the most popular deposit options. Below that, I’ll offer a few tips for selecting brands that best fits your needs.

American ExpressSkrill
EcoCardCredit Card

Five things to consider when choosing how to deposit include ease of use, whether or not it requires a bank account, speed, fees, and how safe you feel sharing your personal information with online gambling companies. Now matter how you come down on each issue, there is an option that fits your exact needs.

Ease of Use

Ease of use simply refers to how much effort you need to make to complete the transfer. Credit cards rank high in this department because the odds are you already have a card in your wallet. Be warned, credit cards are often rejected due to the risk of fraud and chargebacks, debit cards have a much higher acceptance rate. There’s no need to sign up or an additional payment account or fill out excessive forms. All you have to do is type in your credit card number, hit the submit button and your account will be instantly credited with the funds.

Do you have a bank account?

Most betting deposit methods require a bank account. Credit cards, electronic transfers, and e-wallets all move money directly from your bank to whichever site you choose. These options also rank high in the ease of use category because you can complete the deposit from the comfort of home.

However, there are some payment methods that do not require a bank account. Prepaid gift cards and cash transfer services such are both potential ways to turn cash into digital funds. You can deposit physical cash by heading to the nearest store and either purchase a gift card or visit the cash transfer station to send your money to one of your preferred site’s representatives.


Some gambling deposit options are invariably faster than others. Most electronic methods, whether they be e-wallets or online credit card payments, are processed instantly. Rarely do you have to wait more than a few minutes for your e-wallet or credit card payment to be credited to your wagering account.

Other methods take a bit more time, which isn’t necessarily a bad thing unless you’re in a hurry. Cash transfers and prepaid gift cards take a bit longer because you have to actually get up off the computer chair, drive to the store and hand physical cash to the person working the register. Even then, it’s not like you’re going to wait a month for the transaction to go through. The best betting sites will still have you ready to go within a couple business days.

The slowest deposit methods of them all are any that require you to send something through the mail. Paper cheques and cashier’s cheques, for example, have to work their way through the postal system and then be properly credited to your player account. You can expect to wait at least 14 business days for any option that uses the postal system.


Fees are a consideration when choosing a banking method. Many betting sites cover the costs for most transactions, others pass the fee on or occasionally split the fees.  Often this varies depending on the funding method.

Credit cards and electronic bank transfers are almost always free no matter where you play. E-wallet deposits are tricky; there are no costs for sending money that’s already in your wallet, but you will usually be hit with a fee when you initially upload funds to your e-wallet.

Are you comfortable sharing personal information?

This consideration can be ignored if you don’t mind typing in your credit card or bank account number inside your accounts cashier area. If you prefer more privacy, you can always go pick up a prepaid gift card or use a third party e-wallet service to process the transaction on your behalf.

E-wallets such as Skrill and Neteller do not rate very well in ease of use because they require you to sign up for an account and verify your identity. However, they rate very well in privacy because they keep your banking details and credit card number private. The e-wallet accepts your payment first, and then it sends the money on to your account without revealing any private details.