Top Paysafecard Betting Sites

What is Paysafecard?

Paysafecard is a prepaid voucher that can be purchased online or at participating retailers around the UK. Each voucher has a set value from £10 to £100 and comes with a printed 16-digit code. This can then be used to transfer the money to your account at Paysafecard sports betting sites. 

So, why opt to use this payment method? A primary reason is security. As you’re using the Paysafecard voucher code to top up your betting account, there’s no need to share any financial details with the bookmaker. And once the voucher has been spent, that’s it — it can’t be overdrawn. This also makes it an excellent tool for keeping track of your spend when you bet online, as you’ll need another voucher if you want to make further deposits. 

There is a drawback though — Paysafecard can’t typically be used for withdrawals at online bookmakers so you’ll need to pair it with another service to cash out.

How We Review Paysafecard Betting Sites

The best Paysafecard betting sites satisfy a range of criteria before receiving a recommendation from us here at Compare.bet. Below are some of the key areas we look at when reviewing Paysafecard bookmakers. 

Licensing and Security

No matter which aspect of the online gambling experience we’re reviewing, every single site we recommend must have a valid licence to operate in the UK. This is how all of our site reviews start. Gambling licences uphold betting sites to standards of fair play and data protection, so you should never place a bet at an unlicensed site. 

Supports Paysafecard Transactions

After licensing checks, the first step is obviously to verify that the betting site does in fact accept Paysafecard transactions. We look at the details here too, such as deposit and withdrawal limits, if permitted. The nature of this payment method means withdrawals aren’t widely available, so we can excuse betting sites that aren’t able to offer these. 

Variety of Other Payment Options

Since Paysafecard withdrawals aren’t common even at betting sites that accept Paysafecard, our reviews look closely at the site’s other accepted payment methods. We want to see the possibility of fast withdrawals facilitated by the inclusion of a range of e-wallets, bank transfer services, and services like Google and Apple Pay. 

Mobile Capabilities

Although Paysafecard vouchers can be bought physically at a number of retailers, the prepaid card also has great mobile capabilities via My Paysafecard. You can review and manage your spending through the Paysafecard app, which works well in conjunction with any sports betting app. Mobile capabilities are always a key feature of our reviews, but it takes on greater importance when we’re reviewing payment solutions.

Promotions and Bonuses

Full marks go to those sites that make Paysafecard deposits eligible to pick up welcome bonuses and other promotions. Since many Paysafecard betting sites don’t offer withdrawals with this method, we can forgive the exclusion of Paysafecard for bonuses, provided the offer itself is of high-quality. No matter which angle our review is taking, we want to see added value to customers here. 

Customer Service

We always want to see timely, helpful and friendly customer service, no matter which part of the betting experience we’re reviewing. The gold standard here is 24/7 live chat support, but a thorough FAQs page, email and phone support, and the use of social media channels goes a long way.

Depositing and Withdrawing at Paysafecard Betting Sites

Wondering how to make payments to and from your online betting account? Read on for a step-by-step deposit guide, and alternatives to Paysafecard for withdrawing funds.

How to Deposit with a Paysafecard Voucher

So you’ve chosen your preferred Paysafecard betting site – how do you make a deposit?

Follow these simple steps. 

1. Select ‘deposit’ on the betting site cashier page. 
2. You will see a list of payment options available to you – simply click on the Paysafecard logo. 
3. Next you need to input the amount you’d like to deposit.
4. You’ll be asked to tap in the 16-digit pin found on the back of your Paysafecard voucher and then hit ‘pay’.
5. For those with a Paysafecard account, you can log in and your deposit amount will be deducted from your balance. 

Withdrawal Options at Paysafecard Bookmakers

Very few Paysafe betting sites will let you withdraw using the service. For those that do, you’ll need a myPaysafe account — you can set this up via the Paysafecard website. Otherwise, it’s wise to have another option up your sleeve for when you want to withdraw funds.

The service you choose will depend on your needs and preferences. Here are a few to consider:

• Debit cards are the most ubiquitous payment method. Their ease of use and familiarity are the main selling points, but sharing your card number mitigates some of the security benefits of Paysafecard. Payouts usually take a few days too.
• e-Wallets like PayPal, Skrill, and Neteller are great options for managing your betting budget. They’re highly secure and offer fast or even instant withdrawals.
• Trustly is a payments intermediary that runs on Open Banking. Once you connect to the service, you can make instant payments to and from the bookmaker.
• Bank transfers are a good fallback in a pinch, but are typically the slowest withdrawal method.

Claiming Bonuses with Paysafecard

When you claim a bonus, it’s important to watch out for excluded deposit methods. Paysafecard payments often find themselves on this list. Why? Ultimately it’s so the bookie can protect itself against bonus abuse — it’s harder to complete KYC requirements if the customer uses Paysafecard to deposit as the service is completely anonymous.

That said, all is not lost. You can always use an eligible payment method such as a debit card to claim your offer, and a few sites do indeed permit Paysafecard for bonuses. So, what’s up for grabs?

• Free bets are the most common Paysafecard bonus available, often taking a Bet and Get form. They do exactly what they say on the tin — you can place a bet using the token in lieu of your own cash, with any profit yours to keep.
• Matched deposits give customers bonus credit proportionate to their first deposit with the bookie. For example, a 100% bonus will see you double your balance up to the offer limit. Keep in mind this bonus credit is separate to your real money balance.
• Money back bets refund your stake as free betting credit if your qualifying bet loses. They’re slightly less valuable than a standard free bet as you’ll only receive the bonus if your wager is unsuccessful.

Banking Withdrawal Options

As we’ve explained elsewhere on this page, Paysafecard is a deposit-only payment method at the majority of betting sites. This means you’ll likely need to use another payment option if you want to get your hand on any payouts. Here are some of the most popular.

About Paysafecard

Paysafecard was founded in Austria in 2000 by four business partners, including the original CEO, Armin Sageder. In 2013, Skrill acquired Paysafecard.com and a year later they also took on Paysafecard competitor, Ukash, and rebranded the company as Paysafe Group — the name we’re familiar with today. The current CEO of Paysafe Group is Bruce Lowthers, who joined the team in May 2022. Originally headquartered in Vienna, their offices are now spread globally in locations such as Dublin, London, Vienna, Texas, California and Montreal. Currently, the Skrill and Neteller e-wallets sit under the Paysafe Group umbrella of leading payment options alongside Paysafecard – the two e-wallets are virtually identical in what they offer, varying only in the jurisdictions in which they operate.