EWallets are one of the easiest and most popular ways of depositing money into online betting accounts and eWallet bookmakers can be easily found online.
eWallets, sometimes referred to as digital wallets, electronic wallets, or virtual wallets, are used to electronically receive and send money over the internet.
Users open an account and deposit funds in a variety of ways. The most common methods of funding eWallet accounts are by using a credit/debit card or by electronic bank transfer although many eWallets can be funded by using prepaid cards, Bitcoin, or by transferring funds from another eWallet.
Most internet casinos and online bookmakers accept such deposits and a lot of them allow you to withdraw winnings back into your eWallet account. These transactions can even be performed on mobile devices.
There are numerous eWallets to choose from but companies such as Skrill, Neteller, PaySafeCard, and PayPal (check here our PayPal betting sites UK article) are more widely accepted at international gambling companies than most others.
- 1What are e-wallets?
- 2The best e-wallets you can use for betting on sports
- 3How and why should you use e-wallets to make deposits and withdrawals?
- 4Fees and timeframes for using e-wallets to bet online
- 5Are e-wallets good for bonuses?
- 6Pros and cons of using e-wallets when betting online
- 7Frequently asked questions about e-wallet betting
Best eWallet Betting Sites in 25 February 2024 – Updated List
What are e-wallets?
Alongside showing you the best e-wallet for online betting, we’ll also introduce you to top betting sites accepting e-wallets. Forget bank transfers when online betting; e-wallet transactions are faster. If you want to use e-wallets, check out these domains, all of which are amongst the bookies with the best e-wallets for sports betting.
The best e-wallets you can use for betting on sports
You can easily check out our bookmakers and discover if they accept your e-wallet by referring to the bookmaker database at Gamblingjudge.com. Select your country and then choose your e-wallet from the “By Payment Method” menu. Which option is the best, though?
The best betting sites that accept e-wallets will typically include the following bookmakers’ payment methods:
The best betting sites that accept e-wallet deposits with Neteller will usually allow you to deposit for free. Neteller betting sites are common, although there may be a small fee associated with withdrawals on occasion.
Skrill betting sites are hugely popular with players globally. These offer lightning-fast deposits and withdrawals, making Skrill an ideal option to bet with e-wallets.
PayPal betting sites can only be found in selected countries. When betting with PayPal, it is worth knowing that you can only use this option if you are playing in a country where a national gambling authority has licensed the site.
How and why should you use e-wallets to make deposits and withdrawals?
There are many reasons for punters to use e-wallets for betting:
- They are safe and secure
- Most e-wallet betting deposits are instantly credited to betting accounts
- Transactions do not require banking or credit card information to be sent over the internet.
- This payment method is accepted at most betting sites which gives users a wider selection of bookmakers to choose from.
Making a deposit or withdrawal at an e-wallet betting site is a very straightforward and quick operation. Once you’ve found a series of bookmakers accepting e-wallets, you can choose to join one of these top e-wallet bookmakers. To use an e-wallet, follow these short steps:
It is worth double-checking to be sure that bookmakers’ currencies match those of your e-wallet, so you can avoid fees. At the same time, it helps if they are low deposit betting sites, as many e-wallets let you get away with depositing the bare minimum.
Making withdrawals is just as easy, although be warned that not every e-wallet bookmaker allows withdrawals. Assuming you may make an e-wallet sportsbook withdrawal, you will need to sign into your betting account, go to the banking section and click on the “Withdrawal” link. The steps are almost identical to making a deposit. Just follow the instructions and select your provider when prompted for a withdrawal method.
Fees and timeframes for using e-wallets to bet online
Unlike instant e-wallet deposits, withdrawals can take anywhere from a few minutes to a few days to be credited to your account. Check with your provider and bookmaker to find out what the waiting period is. E-wallet withdrawals are recommended when the deposit method you used is not available for withdrawals. At Boku betting sites, for instance, you can make withdrawals with Neteller, PayPal, Skrill and many others.
Are e-wallets good for bonuses?
An e-wallet sportsbook deposit is generally a good way to claim a bonus but be warned that some betting sites do not allow customers to claim bonuses for e-wallet betting deposits.
Be sure to read the terms and conditions of the bonus you plan to claim as some ewallets, like Neteller or Skrill, will sometimes be excluded from claiming bonuses.
Pros and cons of using e-wallets when betting online
- Instant deposit times
- Withdrawal times often under 48 hours
- Cheaper than credit/debit card options and bank transfers
- More secure, as you can hide your bank account details
- Some e-wallet deposits aren’t eligible for bonuses
- E-wallets aren’t globally accepted
There are pros to choosing bookmakers with e-wallets. Allow us to showcase the advantages of using e-wallets and the disadvantages of e-wallet action below:
Frequently asked questions about e-wallet betting
If you’ve still questions about e-wallet bookmakers, we’re here to help:
Yes. Because you’re not handing out your bank details to the casino, it is safer than credit card and bank transfer deposits.
Some do. In some countries (we’re thinking of the UK here), you cannot claim betting bonuses if you deposit with some e-wallets, such as Skrill and Neteller.
Yes. Players in the USA, for instance, aren’t going to have much luck using e-wallets.
PayPal is widely used because it is the only one that is 100% authorised by the UKGC.
There can be. These fees aren’t usually applied by the casino but by the e-wallet themselves when you wish to move money from your e-purse to your bank account.
Play at top bookmakers with e-wallet deposits today
You can find many an e-wallet bookmaker right here. Head over to GamblingJudge’s compare bookmakers page to explore the best e-wallet betting sites, check out the bonuses at our e-wallet sportsbooks and start betting at bookmakers using e-wallets today. But wait, this is not all, from our experts you can also learn how to make money betting on crypto.