eWallet Betting Sites

Find top eWallet betting sites

eWallet Betting Sites

eWallets are among the most popular payment options, for both deposits and payouts, used by sports bettors. Despite all the eWallet betting sites, if you’ve never heard the term before, you’re not alone. Hardly anyone says “eWallet.” But believe us when we say you know what they are. They’re PayPal, Skrill, Neteller—brands you’ve heard of and probably used before. And just in case you’ve never used eWallets to bet on sports before, we’ve got the complete lowdown for you.

This eWallet betting sites tell-all will cover all of the following:

Best eWallet Betting Sites

BetOnline – The Best eWallet Sports Betting Site in the US

Fees

You will not be responsible for paying a fee at BetOnline when making deposits and withdrawals using eWallets. However, while most eWallets don’t charge for deposits, they sometimes hit you with a fee for receiving money.

Speed

Depositing money at BetOnline with an eWallet is a super quick process. Your money will be available immediately. Even withdrawals are completed faster than the industry standard.

BetOnline is the best all-around online bookie when it comes to eWallet transactions. They’re processed incredibly fast, include minimal to no fees and you have the chance to capitalize on one the most competitive deposit-bonus offerings.

Read BetOnline Review
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SportsBetting – Fastest eWallet payments

Fees

eWallet deposits at SportsBetting.ag won’t run you anything extra. Ditto for withdrawals, although you might be assessed fees from the eWallet you’re using on those transactions.

Speed

Sportsbetting.ag eWallet deposits are active and ready to go as soon as you submit them. Similarly, they’ll process your withdrawal as quickly as any other online gambling site.

eWallet deposits at SportsBetting.ag are a breeze. They’re fast, cheap and easy. Unless you’re a high-stakes bettor who needs to deposit more than $2,500 at the time, SportsBetting.ag has plenty to offer you.

Read Sportsbetting Review
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BetNow – The Lowest Deposit Fees

Fees

Fees are not charged at BetNow on eWallet deposits and withdrawals. They are likewise among the sportsbooks that most eWallets won’t charge you to complete withdrawal transactions from.

Speed

Speed is not the utmost priority for BetOnline when it comes to eWallet transactions. Deposits will hit your account immediately, but withdrawal requests usually take more than a day to process.

Waiting a little extra on withdrawals to hit shouldn’t be a deal-breaker if you’re considering BetNow. Believe us when we say the time is worth the money you’ll save. Plus, you also have the ability to net up to $1,000 in free money when you make your first deposit.

Read BetNow Review
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Bodog – The Best eWallet betting site in Canada

Fees

Don’t worry about Bodog charging fees on eWallet transactions. Both deposits and withdrawals are processed without any additional cost to you.

Speed

eWallet deposits will hit your Bodog account instantly. Withdrawals, meanwhile, should reach your account in roughly one to three business days.

Bodog processes eWallet transactions without issue and does so posthaste, so you won’t have to wait long before you’re placing wagers at the sportsbook or casino. Equally important, they will let you bankroll your account with as little as $10, ensuring that they’re a viable home for bettors of all types.

Read Bodog Review
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Bovada – The Best for Mobile Betting

Fees

eWallet transactions are processed at Bovada free of charge. That said, if international bettors need to complete currency exchanges as part of the transfer (i.e. they haven’t already turned euros into U.S. Dollars), Bovada will assess a charge for doing so. This particular fee varies by the conversion amount and original currency type.

Speed

Bovada is committed to completing your deposit and withdrawal requests at light speed. Their eWallet transactions specifically are completed with hyper-precision. Deposits reach your account immediately, and it’ll be hard for you to find an online gaming site that processes withdrawals any faster.

Mobile betting can be tricky. Bovada makes it easy. Both their app and mobile site designs are user-friendly, so it won’t take you any longer to bankroll your account and process other transactions. If anything, provided you’re willing to store your information, you’ll be able to navigate transaction windows at a faster pace on their mobile site or app.

Read Bovada Review
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GT Bets- The Best for Bonuses

Fees

No one will pay a fee at GT Bets when making deposits and withdrawals via eWallets. Any charges you’re assessed will come from the eWallet you’re using and most likely only on withdrawals.

Speed

eWallet deposits at GT Bets are finished as soon as you click the “submit” button. On top of that, their withdrawal process is completed at an above-average pace.

GT Bets really outdoes themselves with their eWallet bonuses. They have installed a two-tier system. First, you will receive a 100 percent match of your first deposit, up to $500. Then, on your second deposit, you’ll be eligible for another 50 percent bonus, up to $250. When paired with the ease and speed of their eWallet transaction process, it’s tough to come up with a reason not to use GT Bets.

Read GTBets Review
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eWallet Betting Facts – Universally Accepted

For the most part, eWallets are accepted everywhere. And this shouldn’t come as a surprise, given that they specialize in overseas purchases. They have made completing international transactions an actual breeze, and they handle everything from currency conversion to multilingual customer service. 

The best part of eWallet betting? The speed with which transactions are processed. Sportsbook deposits are immediate, and withdrawal requests aren’t far behind. If your online gaming site cannot guarantee they’ll be finished within one to three business days, something’s wrong and you’re better off finding another home for your sports gambling. Even on withdrawals, there’s a significant chance you’ll be able to secure your money within 24 hours.

How Do You Create an eWallet Account?

Creating eWallet accounts is a process that varies by company. However, it’s latest similar for all the most well-known eWallets, namely PayPal, Skrill and Neteller.

As an example, here’s how it works at your PayPay account: When you visit their website, the registration button will be prominently featured on their homepage. Aside from entering personal information—name, date of birth, email, address etc.—you will need a credit card or linked bank account to start completing transfers. After you set that up, you’re good to go. The entire process shouldn’t take more than a couple of minutes—assuming, of course, you have your preferred bank account or credit card information at the ready.

Best of all, and perhaps most importantly, eWallets give you a vivid breakdown of their safety and security measures. They’re among the most secure payment methods around, because that’s why they exist in the first place.

Using eWallet at Online Sportsbooks

Registering your eWallet with a sportsbook is extremely simple. Just visit the deposit or withdrawal section of your online bookie, select a particular eWallet as your preferred payment, enter all the necessary info and voila! A few seconds later, your transaction should be complete.

If you’re interested in speeding up the process even further, most eWallet betting sites will allow you to save this payment method inside your account so you don’t have to punch in the required information all over again. Some people are hesitant to do this because they don’t like giving automated access to their financial accounts, but if you’re using a trustworthy, well-known online betting sites, you shouldn’t have much to worry about. You’ll appreciate the option when you make your next deposit and it takes you only a couple of clicks to get through it.

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Ewallet GTbets Screenshot

List of all eWallet Betting Sites

Pretty much every sportsbook in existence accepts electronic wallets. It is one of the most popular banking methods. So, instead of just giving you a bunch of online gaming sites that take them, we’ve put together a list of our top five favorite eWallet betting sites:

Fees Associated with eWallet Betting

Online sports books don’t typically charge you anything extra for completing an eWallet transaction, be it for a deposit or withdrawal. This can sometimes change when dealing in large sums; gaming sites will absolutely assess a convenience fee if they’re processing transactions above their usual limits as a courtesy to you. Beyond that, you’re looking at no extra costs.

Unfortunately, though, most eWallets will hit you with fees on inbound transfers. They’re not usually much, but they exist. They also vary by the transaction amount and eWallet brand.

Let’s again use PayPal, the world’s most popular eWallet, as an example. They will sometimes charge you a fee when receiving money. They classify most inbound transactions as “sales,” which are subject to a flat $0.30 charge, in addition to another fee that amounts to 2.9 percent of the transaction.

On the bright side, in PayPal’s case, fees are usually only charged to registered businesses on incoming transfers under $5,000. For individuals, you can receive up to $5,000 per day—and $15,000 per month—without incurring any extra fees. This could be a turnoff if you’re looking to transfer massive amounts of money to and from sportsbooks. But even then, places like PayPal, Skrill and Neteller have been known to increase limits on a case-by-case basis. 

Betting Strategies for eWallets

Complicated betting strategies aren’t required when using eWallets. You’re not paying up the wazoo in fees, so your goal is the same as every bettor: Find the best sportsbook promotions. The cream of the crop bonuses will include a 100 percent or higher match on first-time deposits, up to at least $500. Be on the lookout for sites that will off 150 percent bonuses or match sums up to $2,500. What could be better than getting in all those free bets?

Safe Betting – Worry-Free Transactions 

Sports bettors can use eWallets to process deposits and withdrawals while enjoying peace of mind. These third-party payment sites exist solely to enhance security. You are not in danger of your transaction being intercepted or stolen in any unusual way. Plus, it functions like a debit card in that it is money you already have. It is prepaid. No accidentally borrowing money here.

More intriguing still, eWallets act as a centralized transaction hub. The most well-known companies will be accepted everywhere, which means you can fund multiple sportsbooks (and make other purchases) using the same account. This ensures, by extension, that you won’t need to enter your personal bank or credit card information over and over again at each online site that you use. 

Worry warts—and that’s not an insult; we support you!—also have the option of customizing their security preferences. They can set up specific daily and monthly transaction limits and even set parameters to have their eWallet contact them for approval. We don’t recommend doing this for every transaction, but if you want, say, Skrill to seek a second-step approval on all transfers over $500, it’s a good way to monitor your spending and protect yourself against financial harm.

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Ewallet Screenshot

Our Conclusions – The Deposit Option for Almost Everyone

Access Your Money Anywhere

Digital wallets have really started catering to the mobile device users. Their mobile sites and apps are pretty sleek. (We love PayPayl’s, in case you were wondering.) You will have the ability to check your eWallet and sports betting account balance and process transfers no matter where you are, making it a very convenient deposit method.

Universal Security

As stated previously, eWallets exist to make money transfers, both domestically and internationally, a simple and secure experience. Not only do they prevent you from entering sensitive information over the web ad nauseam, but their safety measures, both custom and default, inoculate you against fraud better than most bank accounts or credit card issuers.

Transactions Processed Cheaply for the Average Bettor

eWallet fees can sometimes end up being a little too steep for higher-stakes gamblers. Everyone else won’t have a problem wagering. eWallet betting sites don’t take a cut to process deposits or withdrawals, and the best eWallets will only hit you with a small surcharge on transfers going into your account. As a rule of thumb, if your eWallet docks a percentage of the transaction from your account, you can probably do better.


About the Author

Chris Boline
Chris Boline

As a devout aficionado of sports, Chris Boline has carved a career within the athletic realm. A skilled scribe, he boasts a decade-long portfolio that encompasses coverage of the NBA G League, the Los Angeles Chargers, football in the Mountain West Conference, and basketball. Beyond his professional pursuits, Chris is deeply invested in his community and dedicates his leisure hours to serving on boards, collaborating with community organizations, and cherishing the company of loved ones.

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