Best Paysafe Betting Sites 2023

You might have come across several Paysafe betting sites in recent times. Either you know what this popular payment method is, or you are still among the uninitiated. No matter what your situation is, we are here to help you out.

Paysafe sports betting is one of the most popular betting payment providers, and many of the top online sports betting sites accept Paysafecard as a valid form of payment. Its popularity has been growing consistently and more and more punters are using this payment method on various betting sites.

In this piece, we will give you a detailed overview of this payment method, along with several other payment methods. Our hope is that by the end of this piece, you will be thoroughly familiar with Paysafecard and how it works, and will be able to decide if you want to use this payment method in the future.

Which are the Best Paysafecard Betting Sites?

If you are on the lookout for the best Paysafecard betting sites, then your search has led you to the right place. Finding a legitimate sports betting platform online which accepts Paysafecard can be quite taxing since you have to research your options and make the best possible decision for you.

However, we have done the heavy lifting for you and have compiled a list of some of the top sports betting sites that accept Paysafecard. All of the sites we have listed on our website are registered and licensed sports betting sites that validate Paysafecard.

You will be able to place qualifying bets on all your favourite sports, with the use of Paysafecard, on these sites. So head over to the list we have compiled for you and you can start betting right now!

What is the Paysafecard?

Before we move on to the more advanced stuff, it will be useful for you to have a basic understanding of what Paysafecard is. The Paysafe sports betting company was established in Austria in 2000, and since then, they have become one of the most widely used payment methods in several top betting sites.

Paysafe introduced Paysafecard, which is a payment mode that allows you to deposit money to your betting account directly, without having to compromise your anonymity.

Some of the most useful features of the card are its instant payment feature, its promise of complete anonymity and its excellent customer experience. Let’s say you want to participate in betting on a top online betting platform, but do not want to provide your actual financial records or link your card.

You can simply open up a Paysafe account and with the use of your Paysafe card, you will be able to carry out betting related transactions with ease. As we progress in this article, you will find out more about how to use this card and what its various advantages and disadvantages are.

Details on Conducting Financial Transactions

One of the most important and basic things that you need to know about any new payment mode, is how to carry out financial transactions with it. Lucky for you, Paysafecard is one of the easiest payment methods that can be used with your account for betting.

From free bets to paid bets, you can use your Paysafecard to claim several benefits, deposit funds and even withdraw funds from your account. Want exact instructions on how this can be done? In the following paragraphs, we will explain in a simple step-by-step guide, how you can use your Paysafecard to carry out different financial transactions and place a qualifying bet.

How to Deposit Money Using the Paysafecard?

So have you found the Paysafecard betting sites you were looking for? If you have, then all that is left for you to do is to start your betting with Paysafecard. However, before you start using your Paysafecard to fund your account, you need to have a Paysafe account yourself.

Below, we have listed the steps you need to follow to use Paysafecard for depositing money into your account directly. Follow this simple list of steps and you will be easily able to deposit money into your account, without compromising your anonymity.

Step 1: Open a Paysafe Account – As we have already mentioned, you need to have a Paysafecard account before you are able to use their services on a betting platform. The first step is to visit the Paysafecard website, where you will be able to register yourself and get your account set up. While setting up your account, you only need to provide some basic details about yourself.

This includes your name, email, date of birth and phone number. Remember, you have to use the same details that you will use for your betting account since this allows the company to ensure that your account is being used by you and there are no fraudulent cases. Once you have registered yourself, your Paysafe account is all set up and ready to go.

Step 2: Buy a Paysafe Voucher – Once your Paysafe account is set up, you need to buy a Paysafe voucher. This voucher is essentially a 16 digit pin that will be your deposit code, that will allow you to place qualifying bets at various betting platforms. You can use your regular bank card or other payment methods to purchase this voucher.

Rest assured, your personal details will not be linked to your voucher, so nobody can trace the use of the voucher back to your personal details. There are various denominations available and you can choose the amount that suits you best.

Step 3: Deposit Money Into Your Betting Account – After you have purchased a Paysafecard voucher online, you will be able to use it to deposit money into any of the numbers of Paysafecard betting sites.

We have a whole list of them on our website, so you can choose any one of the Paysafecard betting sites from our list and begin your betting journey. Simply input the pin on the site, when asked for, and you will have successfully deposited your money into the account.

Can You Withdraw Money from an Account Into Paysafecard?

While depositing money into your online gambling account is super convenient with a Paysafecard, the same is not true of withdrawing money. This is why it makes for an excellent deposit method but not so much a withdrawal method, because of the several withdrawal restrictions.

If you have earned some winnings with your online bookmaker, they will not be able to pay you back in a Paysafecard voucher. You will need to have a second payment mode attached to your account, to be able to withdraw money.

So you can attach a digital wallet or other payment methods, which will let you withdraw your winnings and use them as cash or credit on other sites. However, there are plenty of alternatives you can explore when it comes to claiming your withdrawals with online bookmakers. Curious to find out more? Read on!

Alternatives to Paysafecard

When bookmakers accept Paysafecard, they also offer several other payment methods that you can use for your deposits and withdrawals. So if Paysafecard doesn’t turn out to be a good fit for you, there are many different alternative payment methods that you can use in the gambling industry.

In the following paragraphs, we will be telling you more about these different payment solutions that you can use with your online account to make online sportsbook payments. So read on to discover the most suitable payment solution for you.

Neteller

Neteller is by far, one of the most popular payment solutions, that you can use at various different sports betting platforms. Whether you are a newcomer or a seasoned punter, you can make the most out of Neteller, which can be used to place a sports bet with your chosen online bookmaker.

One of the first things you need to do to use Neteller is to create an account for yourself. You can do it by visiting their website and registering your personal details with them. It is a super fast and super easy to use payment mode, that you can use for your online sportsbook. With coverage in over 100+ countries, it is one of the most widely used payment solutions in the online gambling sector.

Interestingly, the Paysafe group has acquired Neteller, and therefore these two can be used in conjunction at multiple sports betting sites. In fact, you can make a deposit with Paysafe MasterCard or voucher, and make a deposit to your Neteller account.

Skrill

If you want to place a sports bet with multiple Paysafecard sports betting sites, but are unable to use it for withdrawals, an excellent alternative is the Skrill digital wallet.

Since Skrill has also been acquired by the Paysafe group, you can use your Paysafecard account to make deposits and place a qualifying bet, and withdraw your earnings into your Skrill account.

Skrill is a digital wallet, which is both a valid deposit method and a valid withdrawal method on a qualifying bet. You can use your bank card to refill your Skrill wallet, and then use the wallet to make a qualifying deposit or withdraw your winnings, at a betting platform of your choice.

Several online betting sites accept Skrill as a valid form of payment, and you can check out our website for some of the top sites which accept Skrill. Your online betting experience is guaranteed to be a smooth one with Skrill.

Paypal

From paying for your online purchases to starting your own business and even when it comes to online betting, Paypal is an excellent choice that is widely used by people across the world. You can use Paypal at several online gambling sites and it is one of the most widely accepted traditional payment solutions used by punters.

Paypal offers a high degree of transaction speed, reliability, ease of use and security, which makes it popular with several punters. If you are betting with Paysafecard, you won’t be able to make withdrawals to that method. However, let’s say you win big with your first qualifying bet; with a payment mode like Paypal, you can easily withdraw your winnings into your Paypal account.

Just remember, Paypal is not a gambling-related payment mode and is quite mainstream in nature. So if you do not want to compromise your anonymity, Paypal might not be your best bet since it requires and stores your financial records and will reflect your gambling-related transactions.

Bank Transfer

This is by far one of the most popular ways that people place bets with their online book maker. If you have an existing bank account, you can use it to both deposit money and withdraw money from your online sportsbooks.

It is a much more traditional payment mode than Paysafecard for online sports betting, which is why the transaction charges might be higher for this payment mode. Especially if you place a bet online, and you have to make an international transfer, a bank transfer might be one of the more expensive payment options for you.

It is, however, a very convenient payment method to consider if you have to withdraw money since the money is deposited straight into your bank account and then you have it at your disposal immediately.

Credit Card

If you have a bank account, chances are, you also have a credit card that is linked to your bank account. A credit card can be used to make online and offline purchases at multiple places, and similarly, they can be used to place a bet at any of your chosen betting platforms.

When it comes to digital gambling transactions, you can use your credit card to both deposit money into your account, and also withdraw your winnings. It is one of the most secure and faster ways of making payments to and from your account.

However, your credit card is a very personal financial instrument. So if you do not wish to divulge your identity in online betting, then you must steer clear of this mode of payment. While it is definitely a convenient method of payment, it is definitely a risk to use your credit card in a gambling scenario.

Firstly, many experts claim that using a credit card can actually fuel your addictive tendencies and may lead you to keep betting more and losing more money. So if you wish to gamble responsibly, you should use a payment method that offers natural limitations to your spending.

Secondly, there are many online hackers out there, especially on several betting platforms, who are looking for one tiny opportunity to hack your account and steal your credit card information. To avoid being roped into such fraudulent activities, we recommend not using your personal credit card at a betting site or using it at only reputed and licensed betting platforms.

Another drawback of this payment method is that the transaction details will reflect in your credit card statement. So if you wish to maintain anonymity and keep the details out of your personal financial records, you should consider the other alternatives we have mentioned above.

Pros & Cons of Paysafecard

Paysafecard is an excellent payment method and it offers several advantages to its users. While there are a couple of drawbacks to it as well, it has definitely become a very frequently opted for the payment method for several punters across the world to place qualifying bets.

In the following paragraphs, we will be discussing in detail, some of the pros and cons of Paysafecard. We hope this comparison will help you judge if Paysafecard is the right fit for you.

Pros

• Widely Accepted – If you are looking for a Paysafecard betting site, you will have absolutely no trouble finding one that matches your needs. Most of the top betting platforms validate Paysafecard and there is simply no dearth of such sites. It is therefore a convenient payment method since it provides such wide coverage.

• Complete Anonymity – One of the reasons why Paysafecard is so popular in the online gambling industry is because of the complete anonymity it provides. You can purchase a Paysafecard voucher with a 16 digit pin and can use this voucher at any betting site that accepts Paysafecard. This eliminates the need of attaching any personal information to your betting account and you can make all your transactions in a safe and anonymous manner.

• No Minimum Deposit – With some payment providers, you may have to make a minimum deposit to be able to use them at various betting platforms. With Paysafecard, there is no need to place any minimum deposit to be able to use it for betting. You simply pick the voucher denomination of your choice and voila, you are all set to begin betting on the platforms!

• Offline Payment Options – Let’s say you do not wish to purchase a Paysafecard voucher with your card, what are your other options? Well, good for you, you can purchase Paysafecard vouchers at offline stores quite easily. They have a feature that lets you locate retail stores near you, that sell these vouchers.
  
  So you can simply visit one of these stores and purchase a voucher, which you can then use at a betting site of your choice. You also have the Paysafecard Mastercard which is another payment option to consider.

• Can Use For Large Bets – Let’s say you are placing system bets and you need to use a large sum of money. With some payment options, you might face a limitation on the sum. However, Paysafecard vouchers can be combined together when placing system bets.
  
  This means that you can bet a significant sum of money on your betting site, with multiple Paysafecard vouchers. All you need to do is purchase all the vouchers you need, and enter their pins while you are depositing money into your betting account.

Cons

• Withdrawals Not Supported – Unfortunately, one of the major drawbacks of Paysafecard is that it does not support withdrawal from a sportsbook account. This means that you cannot withdraw your winnings into your Paysafecard account, and cannot use it for cash or other online purchases.
  
  The easiest solution is to use Neteller or Skrill for the withdrawal purpose since these have been acquired by the Paysafegroup and can be easily used in conjunction with your Paysafecard account.

• Cannot Claim Welcome Bonus – When you sign up for a new betting site, you usually receive a welcome bonus. This welcome bonus can be in the form of a few bucks that you can use for your betting or it can be some free chances, especially if its an online casino.
  
  If it’s a small sum that you can withdraw, you will not be able to do it with Paysafecard owing to its withdrawal limitation. Therefore if you are newcomer, use a different payment mode to claim your welcome bonus, if it is a monetary reward.

Short History of the Company

Paysafe Group is the parent company of Paysafecard. As we mentioned earlier, Paysafecard was first established in Austria in 2000, and since then, it has come a very long way and now provides its services to over 40 different countries.

The founders of the company were four Austrians, and the first CEO was Armin Sageder. They had initially partnered up with IBM Austria, which provided Paysafecard with technical expertise and managed their technical architecture for w while.

Interestingly, back in 2005, EU funding was offered to Paysafecard by the eTEN program, whose aim was to support digital services that had a trans-European dimension. After it was founded in Austria, it launched in Germany, Greece, Slovenia, Spain and the United Kingdom.

Since its inception, Paysafecard enjoyed tremendous popularity because of its highly anonymous payment feature. With its 16 digit pin based payment method, it revolutionized the space for anonymous payment providers, especially in the gambling sector.

Debit cards and credit cards became traditional forms of payment and Paysafecard emerged as a lucrative and anonymous alternative to such traditional forms.

It expanded and became quite successful, and was able to acquire two of its top competitors, the Dutch Wallie and the English Ukash. Back in 2013, the popular digital wallet provider Skrill was able to successfully acquire Paysafecard.

However, Skrill was subsequently acquired by the Optimal Payments Group in 2015, and they rebranded themselves as the Paysafe Group.

FAQ

So far, we have explained to you the details of Paysafecard, how it can be used at various virtual betting platforms, what its alternatives are and a brief history of the company. We hope that you are well versed with the payment mode at this point, and are confident about how to use it.

Debit cards and credit cards are easy to learn to use, but such alternative payment solutions might be new to you. So it is quite understandable if you find yourself faced with questions that you are unable to find the answers to, or are still confused about.

Be it about transaction fees or simply about how to place bonus bets, we have all the answers for you when it comes to using Paysafecard at various betting platforms.

In the following paragraphs, you will find some frequently asked questions about Paysafecard, and you will find our compact and comprehensive answers to them. After going over this list of questions, you will have no more doubts on how Paysafecard can be used and what its top features are.

Does Paysafecard have Transaction Charges?

Most payment methods that you are habituated with, charge transaction charges on mostly international transactions. However, the good news is that Paysafecard is generally free of charge and does not apply any transaction charges on any local or international transactions.

Why? When you are using Paysafecard, you use a pin code that you input on your betting account to make a deposit. Paysafecard does not charge any fees on this deposit, and therefore you are essentially able to use the service completely free of charge. This is one of the reasons why it is so popular with sports bettors, who consider it a lucrative and economic form of payment when it comes to online betting.

Do All Betting Platforms Accept Paysafecard?

Most betting platforms will offer you the option of making a deposit with Paysafecard, but understandably, not all of them accept it. However, we have compiled a list of the top betting platforms in the market, which validate Paysafecard. So if you check out our list, you will find what you are looking for, and won’t have to run helter-skelter to find a legitimate site that accepts Paysafecard.

Is Paysafecard Betting Safe?

When you are placing a qualifying bet online, or making a qualifying deposit, it is super important that your chosen payment method is a safe and secure one. Otherwise, your payment details can be compromised and this can expose you to fraudulent activities. Paysafecard is one of the safest payment modes since it enables payment through a voucher.

This means that you do not have to link your card or bank account to your Paysafecard, and this fortifies the payment process and makes it much safer for all parties. Therefore, you can trust Paysafecard when it comes to the safety of your payments.

Are there Paysafecard Deposit Limits?

Often when you are placing qualifying bets, you are asked to check if your payment provider has a deposit limit. If you are placing a qualifying bet for a high amount, then having a deposit limit can be quite limiting.

The good news is, there are no such deposit limits with Paysafecard. They offer you the option of combining multiple vouchers for a bigger amount, so you do not have to worry about placing a qualifying bet for a significant amount. You will be able to bet as high as you want with Paysafecard.

Short Summary

In this piece, we covered the various different aspects of Paysafecard and how it works with digital sports betting platforms. We went over the different advantages the service provides to its users, with the primary being anonymity. We also explored the challenges of the service, including the withdrawal limitations.

The article presented several alternatives to Paysafecard as well, which you can explore at various different betting platforms. We hope you learned a lot from this article and will be more comfortable using Paysafecard in the future.

Last Updated on 15/12/2022 ago by Devak Mukherjee

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