How we picked the best betting sites with EcoPayz in Australia
When it came to finding the best betting sites with EcoPayz in Australia, we wanted to make sure that each of the country’s top bookmakers was featured. This meant that we checked every brand from the longest-running traditional bookmaker to the most exciting betting exchange in Australia.
However, when we were looking for an online bookmaker with EcoPayz, we were a little disappointed that only a limited number of the best betting sites in Australia featured this eWallet.
While nearly all sites allow you to make deposits with credit cards and bank transfer, you’ll face a much smaller number of bookmakers with EcoPayz. Despite this, all of the selections in our list of the best betting sites with EcoPayz in Australia have shown that they offer a safe and secure sports betting service.
If you’ve ever asked ‘Is online gambling legal in Australia?’, you’ll be glad to find that all of our featured bookmakers with EcoPayz are fully licensed and regulated. Plus they will offer excellent coverage of all top Australian sports, so that you might need to get an answer to the question of ‘what is 1×2 betting?’ before you put down your Test match cricket bets.
What is EcoPayz?
Seeing as we’re showing you our list of the best betting sites with EcoPayz, it’s worth taking a closer look at this payment brand. While they have had a few brand name changes, EcoPayz have basically been around since the turn of the century.
The company was formed to provide an ewallet solution for anybody who wanted to make payments for goods online without having to use a credit card or bank account. The British company was the first to launch a digital wallet iPhone app, and they were also the first eWallet to have their own MasterCard.
However, they have been very popular amongst fans of online gambling, and so it’s little surprise to find that there are many sports betting sites with EcoPayz all over the world. At the moment, EcoPayz has over 40 different currencies and it can be used in over 160 countries, so this fact has led to plenty of competition to be amongst the best betting sites with EcoPayz in Australia.
Reasons why you should pick an online bookmaker with EcoPayz
Although there aren’t a massive amount of sports betting sites with EcoPayz in our country, we think that you might like what this payment method has to offer.
By picking an online bookmaker with EcoPayz, you’d be able to make deposits without having to give the betting site any sensitive information like your bank account details or credit card numbers.
This shows that EcoPayz is a safe option and we should also note that this payment brand is regulated by the UK’s Financial Conduct Authority, and they are also Payment Card Industry compliant, and Data Security Standards compliant too.
Another reason why you might want to try an online bookmaker with EcoPayz is its speed of use. No having to type in long card numbers, but you can simply link EcoPayz to your betting account and choose how much you want to deposit – definitely simpler than using even the easiest strategy for no risk matched betting Australia has to offer.
Plus we have to admit it’s nice to be able to load up your EcoPayz account with money that’s purely meant for funding your sports bets. This means that you can keep your regular finances separate and enjoy using sports betting sites with EcoPayz in a guilt-free manner.
Make fast deposits at an online bookmaker with EcoPayz
One of the best things about using bookmakers with EcoPayz is the speed with which you can make your deposits. Once you’ve registered your EcoPayz account, you can simply go to one of the sports betting sites with EcoPayz, and link your account by entering your account ID and email address. Now you will be free to add funds to your betting account.
It’s important to note that all bookmakers with EcoPayz will have limits on how much you can deposit. You should expect to be able to deposit from as little as $10, and then be able to deposit as much as hundreds of dollars at a time.
What’s best is that all of your EcoPayz deposits should show up in your betting account almost instantly. This means no more having to wait around wondering how betting odds are calculated, because you will be able to go straight into the excitement of laying down your sports bets within minutes of linking up your account. All of which shows why there’s plenty of reasons to try sports betting sites with EcoPayz.
Can you withdraw from sports betting sites with EcoPayz?
EcoPayz is set up so that you can receive money with the eWallet. As a result, it’s well-suited to receiving withdrawals from bookmakers. Just as you can make speedy deposits with EcoPayz, you can also enjoy some quick withdrawals.
The precise speed of each withdrawal will vary according to the bookmaker. Most betting sites will aim to give you your winnings within 24 hours of you making your payout request. However, you should note that some bookmakers might take up to three working days for your EcoPayz withdrawal to come through.
This is because all bookmakers will have different verification checks they need to make to ensure the security of your withdrawal, so don’t worry as this isn’t how bookmakers make money from their customers.
However, it’s important to remember that not all bookmakers with EcoPayz will allow you to make withdrawals with the eWallet. While you should be able to make deposits perfectly easily, it’s fairly common practice for Australian bookmakers to only allow you to make withdrawals via bank transfer. Although this slows down the whole withdrawal process, it’s probably not enough of a reason to use the best guide to making bookmaker complaints Australia has to offer.
Disadvantages of using EcoPayz for sports betting
While EcoPayz offers a great online payment solution, it’s clear that there are a few drawbacks that we should bring to your attention.
Not only are there relatively few bookmakers who accept EcoPayz payments in Australia, but you might also find that you can’t claim any sign up offers if your first payment at a betting site is made with this ewallet.
We should also mention the fact that EcoPayz do include some fees that could gradually eat away at your betting profits. This is because the brand will charge you a fee of up to 8.5% on all bank transfer deposits and up to 6% on credit card deposits. As a result, it could work out to be quite expensive to keep your EcoPayz card funded.
You should also know that you might get charged at least $10 for each withdrawal you make from EcoPayz back to your bank account. This means that you should probably not make these withdrawals too often.
All of these fees are roughly what you can expect to get from other eWallets and it’s a fairly small price to pay for access to one of the world’s most trustworthy payment providers.
Don’t want to use EcoPayz? Try these other top payment methods
Like all payment methods, EcoPayz has many pros and cons. If you feel that the disadvantages of using EcoPayz outweigh the positives, you could try using some of these other trustworthy payment methods.
Credit cards and bank transfers
Nearly all Australian bookmakers will allow you to make deposits with credit cards and bank transfers. You can take a look at our list of the best betting sites with credit card in Australia and the best betting sites with bank transfer in Australia and see all of the big names from the country’s sports betting industry.
While both payment methods are perfectly fine, you might encounter some fees if you plan to use credit cards for making deposits and withdrawals. Similarly, if you want to use a bank transfer then the processing speeds can sometimes be painfully slow.
eWallets, prepaid cards and cryptocurrencies
It has been interesting to see how many innovative payment brands have accompanied the rise of the online betting revolution. You can’t talk about making online payments without mentioning PayPal. This is possibly the world’s biggest ewallet payment provider, and you can check out our list of the best betting sites with PayPal in Australia.
If PayPal isn’t for you, then there are plenty more top eWallets to try. You can see how the best betting sites with Skrill in Australia and the best betting sites with Neteller in Australia are roughly similar. Both of these ewallets offer a secure service, although you should pay attention to the fees that they charge.
We’ve also seen some Australian bookmakers who allow you to use prepaid cards like Paysafecard and Neosurf to fund your sports bets. Plus with some great bookmakers in our list of the best betting sites with Bitcoins in Australia, you should find plenty of excellent ways to make safe and secure deposits and withdrawals.