Betting Sites Payment Methods

Welcome to MyBettingAustralia’s one-stop guide to everything you need to know about payment methods in Australia! There are so many different deposit and withdrawal online payment methods available with various betting sites and we go through all the main ones on this page.

Bet365 has been around the block a few times, that’s for sure. They are one of the biggest betting sites in the world and they have a huge range of features that punters love. You can live stream races and other sporting events, on top of this they offer very competitive odds. As they are one of the most established bookies, they have a wide range of payment methods available.

Payment methods available:

• Debit card
• PayPal
• Apple Pay
• Bank transfer
• BPay
• Flexepin
• Paysafecard
• Cash in

Known for its high betting limits, Topsport is well-established in the industry. Punters can bet on sports live and they rarely ban or restrict winning bettors. They offer markets on a head of different sports and have some pretty decent promotions as well. On top of this, they offer a wide range of online payment methods.

Payment methods available:

• Debit card
• Bank transfer
• BPay
• Paysafecard
• Cash in

PlayUp’s racing coverage is on point, so if you’re a racing punter, they are certainly worth checking out if you haven’t already. They have a great selection of markets so any type of bet you’d like to place, you’ll be able to with PlayUp. They also have a comprehensive blog, which is useful to punters. You can read more about this in our PlayUp review!

Payment methods available:

• Debit card
• Bank transfer
• BPay 

If you want to bet on daily fantasy sports, Draftstars is your go-to, that’s for sure! They have an awesome app that comes with all the bells and whistles that you could ever want. While they don’t have a lot of payment methods available, they do offer quick withdrawal times, so your winnings can be in your desired account sooner.

Payment methods available:

• Debit card

WinnersBet haven’t been around for very long, but they still have a strong offering that’s worth checking out if you’re in the market for a new bookie! In particular, their racing offering stands out and there’s a range of markets available for punters to jump on. In terms of betting payment methods, they offer the stock standard that is available with pretty much any bookie.

Payment methods available:

• Debit card
• Bank transfer

PalmerBet has a lot of offer punters and they’ve excelled in several different areas. One area in particular is their promotions. They offer great weekly promotions on a range of sports and markets, ensuring they have some of the best betting sites bonuses. Other features like their same game multi and cash out ability ensure they are one of the most-trusted bookies in the country.

Payment methods available:

• Debit card
• PayPal
• Bank transfer
• BPay

Boombet has been around for over two decades now and they have managed to stay hyper-competitive during this time. The layout of their website and app is easy to follow, which means you can quickly find what you’re looking for and place your bets in just a couple of clicks. They offer strong fixed odds and a wide range of online betting payment methods.

Payment methods available:

• Debit card
• Bank transfer 
• BPay
• Cash in

Unibet is an international brand that has certainly made its mark on the industry in Australia. They offer really competitive odds and live streaming on several different events. As well as this, they probably offer the biggest range of markets compared to the other bookies in the industry. When it comes to payment methods available, you’ve got heaps of options.

Payment methods available:

• Debit card
• PayPal
• Apple Pay
• BPay
• Neteller
• Skrill
• EcoPayz
• Flexepin
• Cash in

Picklebet has a focus on esports in particular. They have clearly put resources into developing a top-notch app and they have one of the best betting apps going around. Their range of markets continues to grow, but they are certainly the go-to for esports betting and it’s super easy to place your bets using their website.

Payment methods available:

• Debit card
  

For more information on all the top Aussie bookies, we have a list of all betting sites, which includes AFL betting sites, racing betting sites, NRL betting sites and more. No matter the type of punter you are, there’s a perfect bookie out there for you.

Bookmakers will offer a wide range of payment methods in Australia. There are the more traditional methods like debit card and bank transfer and the bigger the bookie, the more likely it is that they’ll offer a wider range of options. 

If you’re interested in learning more about all the different types of deposit methods, we’ve got you covered. Keep reading below to find out more and remember that some of the methods shown are also available when it comes to withdrawals.

Debit cards are probably the most popular deposit method. There usually isn't any feed attached to this method and your deposit will hit your bookie account pretty much instantly. and debit card betting is also one of the most popular methods when it comes to withdrawals. 

You’ll find that several betting sites will accept PayPal as a deposit method. PayPal is quite popular due to how easy and secure it is. On top of this, you may be able to use PayPal as a withdrawal option as well. You know your money is safe with PayPal.

We all have a bank account and you can set up both deposits and withdrawal payments with this method. Due to this, it is one of the most popular methods and it is one of the first options available with betting sites. Bank transfers are a quick and easy method for both depositing and withdrawing funds into your account.

BPay is used a lot in everyday life in Australia and not just strictly for betting sites. There is a huge range of BPay betting sites as it is well-known and a secure method to pay for things. It’s said that around two-thirds of Australia uses BPay!

Apple Pay is a newer betting site’s payment method, especially compared to some of the others, but it is certainly growing quickly. We’ve found that the number of Apple Pay betting sites has grown a lot in the last couple of years and punters like this method because it is linked to Apple devices. This method is available for both deposit and withdrawal with some bookies.

Google Pay is known primarily for its speed and convenience. On top of this Google Pay is a very secure method, including measures like tokenisation and biometric authentication put in place. The number of Google Pay betting sites is growing, so this option may not be available with some of the smaller betting sites just yet.

Flexepin is another option that is offered by a couple of bookies in Australia. It is a pre-funded e-wallet, so it makes controlling your funds pretty easy. You can use Flexepin to fund your betting account as well.

Some of the most popular bookies will offer what’s known as Bookmakers Cards to their customers. Bookmaker Cards are introduced by individual bookies and allow customers to easily deposit and withdraw funds from their betting accounts. The benefit of this is that punters get instant access to their winnings and don’t have to wait a couple of days for the more traditional withdrawal methods.

The Paysafecard is used across several different industries, with the betting industry being one of them. It is a pre-funded card and provides customers with a choice of setting up weekly, monthly or annual spending limits.

Skrill is offered by a handful of betting sites as a payment option and is a popular e-wallet service. Skill can be used for other online transactions and is linked to your bank account or debit card.

Another e-wallet option, Neteller is becoming one of the more popular betting payments in Australia that is offered at several betting sites. Neteller is used worldwide and you can add funds to your e-wallet through your bank account, debit card or even from a cryptocurrency.

If you’re more old-school, you would be pleased to know that you can deposit funds into your betting account using a cheque. It is a lot more time-consuming than other methods, but it means you don’t have to share your bank details and there aren’t any fees attached to this process.

Cash In is one of the more interesting payment options that is offered by a handful of bookies. Some punters prefer not to use a bank account and therefore prefer to use cash. Many believe Cash In is the safest way to fund their account because no bank details are involved. The process of using this method is usually a lot longer when compared to others.

When choosing a payment method, there are many different considerations you need to be aware of. There are heaps of options available, but only a couple of them may be ideal for your situation. We go through all the main deposit and withdrawal considerations in this section!

Deposit Method Considerations

There are usually the typical terms and conditions when it comes to bookmaker payment method options, but sometimes betting sites can throw a curveball, so it’s a good idea to read in-depth reviews on each individual bookie. 

Check out all the main deposit method considerations below:

• Fees - There are two different types of fees that you will need to consider; transaction fees and maintenance fees. Depending on the nature of your payment method, you might be charged a transaction fee. Maintenance fees are likely to be fixed and aren’t dependent on how much you deposit or withdraw.
• Popularity - The more popular the deposit method, the more likely it is to be offered by most betting sites. If a deposit method is popular, it is easier to deposit using this online payment method.
• Convenience - Each deposit method will provide a different level of service. For example, if you’re depositing with a debit card, you’ll have to undergo a more comprehensive check than compared to if you’re depositing using PayPal.
• Transaction Efficiency - Not all deposit methods are created equal and some methods can take longer to deposit than others. These days, however, we do see a lot of deposit transactions as instant.

Before we wrap things up on the topic of payment methods in Australia, we have one final section. In this section, we’ve answered some of the most common questions people have about online betting payment methods. Keep reading below to see all the FAQs!