The term debit card betting sites pretty much encompasses all sites as every major bookie now accepts debit card deposits. Debit cards are a quick and easy way to move money in and out of your account and you’ll find that a wide range of different types of card are accepted.
A debit card links directly to your bank account making it the easiest deposit method and one of the safest as although you have to enter your card details you have the protection of your bank monitoring any suspicous transactions as well as encryption at the bookmakers stopping your info getting stolen.
Debit Card Need To Knows…
- One of the most widely accepted forms of payment by bookmaking sites across the UK and worldwide.
- Fast, usually immediate, deposits into your account from your bank account.
- Withdrawals can be made back to the same Debit Card you deposit.
- A very secure method of depositing and paying for items online, although you do need to input your card details when depositing.
- Deposits and withdrawals are free to the debit card holder.
Best Debit Card Betting Sites: Top 9
The following is a list of the best sites for betting with your debit card:
*Info accurate as of 18-01-2022 for the UK market.
Compare Debit Card Betting Sites: Banking & Fees
|William Hill||£10||Instant||3-5 days||0%|
|Paddy Power||£10||Instant||2-3 days||0%|
Just use the review links above to find out more about the different debit card friendly sites which are listed and the click the red visit button if you want to visit the site directly.
How to Use Your Debit Card for Gambling Online
Using a debit card to make deposits is extremely safe, fast, and convenient. The debit card deposits money from your bank account immediately, so it is the preferred method for many a punter in the UK. Once you put in you details, the processor will verify that you have the money, and get you going right away.
Much like a credit card, you will need a few pieces of information to make a deposit. You’ll be asked to input the following details:
- Full Name: Exactly as it appears on the card.
- Date of Birth: Your date of birth as registered with your bank.
- Debit Card Number: The long number across the front of the card.
- Processing Company/Type of Card: Whether Visa, MasterCard, Discover, or another processing company.
- CCV Code: Nearly all modern debit cards carry this 3-digit code on the back of the card as an added layer of security.
In addition to these pieces of information, you may be asked for any number of additional personal details. These will likely include your address, telephone number, and email address, but may also include more personal questions and security questions.
Of course, after you input all your information, you’ll have to select how much you’d like to transfer from your bank account to your bookies account. The beauty of using a debit card is the speed with which the transfer is made. The processor will take a moment to verify that you in fact have sufficient funds in your account, and then the transfer will be made immediately.
When you deposit funds electronically via debit card, you should have the fund deposited and be placing wagers on the games within about 5 minutes easily.
Pro’s And Con’s
- Extremely common and very easy to use for both deposits into and withdrawals out of your account.
- Very secure method of payment when using licensed and regulated bookmakers.
- No limit on how much you can withdraw into your account, unlike credit cards.
- Can be used alongside an e-wallet service (such as PayPal) to allow you to make card payments using your PayPal details, rather than card details.
- You do have to enter personal details for a transaction, which can be an issue for those who are ultra-security conscious.
Debit Card Security Online
Although having a card linked directly to your bank account would suggest an extremely risky financial transaction, it is in fact as secure as any other deposit method.
Not only do debit card processing companies like Visa take fraud detection very seriously, but the bank which issues your card is looking for fraud warnings as well. In addition, Visa operates the Verified by Visa program, which allows you to set up a password which you then input to verify your identity at the checkout. This acts like an electronic version of your PIN number.
As with any payment method, your financial security is at the greatest risk when you are entering information. To combat this, all boomakers have implemented the highest standards of SSL encryption, which means that your details are transmitted over a secure connection and are unable to be viewed by unauthorised third parties.
If you are extremely mindful of your security, or if you worry that your payment details may be misused by the bookmaker or by a third-party, e-wallet is another security feature that you may want to consider.
Actually equal parts security and convenience, e-wallet is a third-party program which carries your financial data and inputs it automatically when requested. It always maintains a secure connection, so you run a lower risk of your information being hacked, particularly if you’re on a public network.
Debit Card History
The history of debit cards in the United Kingdom dates back to June 1987, when Barclays introduced the Connect card. Although it was branded differently, this was in reality a type of Visa Delta. Shortly thereafter, in 1987, the Switch card was released by NatWest.
For a time, all debit card transactions required the signature of the purchaser, much like credit card transactions. However, in 2004, all UK cards were switched over to Chip-and-PIN technology, which requires that the user input a PIN number which must match the smart chip embedded in the card.
This served to counteract the improvement in piracy technology which had been made up to that point.
Today, the major players in the debit card industry are Visa Debit, Debit MasterCard, and Maestro. All are reasonably equally positioned, and all are received equally by online payment processors, including online bookmakers.
Fees Associated with Debit Card Deposits
Do debit cards incur banking fees?
The few online bookmakers who do still charge convenience fees for other forms of pay rarely charge fees for the use of debit cards. In fact, due in part to the lack of fees associated with either deposit or withdrawal, deposit by debit card is becoming the preferred payment method for UK sports betters.
Even better, when you choose to withdraw your winnings, the debit card is an extremely convenient method by which to do so. Credit cards can only have winnings withdrawn in an amount smaller than that which was deposited from it, if at all.
Debit cards, on the other, are unregulated in this sense. You can withdraw winnings in any amount from and because the card is connected directly to your bank account you’ll see the money show up in your account within 3-5 days, as is standard for such interbank transactions.