Online Betting Payment Methods 2021

Online Betting Payment Methods in Canada

It’s very important you are aware of what choices of payment methods you have for online betting, and how this affects your online privacy.

Here, you’ll find why some e-wallets are better for faster payouts and why using PayPal is better for your online privacy when online betting in Canada. We’re here to tell you about the best online betting payment methods, how to use them, and everything you need to know.

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Compare Online Betting Payment Methods in Canada

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Skrill Skrill
PayPal PayPal
Instadebit Instadebit
Credit Card Credit Card
98/100
Rating
Skrill
Additional 888 Payment Methods
PayPal
Instadebit
Credit Card
Neteller
+13
100% up to
200$
888 Review Visit Provider
96/100
Rating
Skrill
Additional Unikrn Payment Methods
Instant Transfer
Neteller
Paysafecard
Giropay
+2
200% up to
200$
Unikrn Review Visit Provider
94/100
Rating
Skrill
Additional Betinia Payment Methods
Credit Card
Bank Transfer
Interac
Trustly
+2
Betinia Review Visit Provider
92/100
Rating
Skrill
Additional ComeOn Payment Methods
Credit Card
Neteller
Instant Transfer
Entropay
+3
100% up to
500$
ComeOn Review Visit Provider
92/100
Rating
Skrill
Additional Cbet Payment Methods
Credit Card
Paysafecard
Neteller
Instant Transfer
+1
100% up to
200$
Cbet Review Visit Provider
89/100
Rating
Find out more about Bet365’s payment methods on their website.
100% up to
200$
Bet365 Review Visit Provider
86/100
Rating
Skrill
Additional Betway Payment Methods
Credit Card
Applepay
Neteller
Paysafecard
+6
100% up to
200$
Betway Review Visit Provider
85/100
Rating
Skrill
Additional Betsafe Payment Methods
PayPal
Credit Card
Neteller
Instant Transfer
+5
100% up to
300$
Betsafe Review Visit Provider
84/100
Rating
Skrill
Additional Unibet Payment Methods
PayPal
Credit Card
Neteller
Paysafecard
+4
100% up to
100$
Unibet Review Visit Provider
83/100
Rating
Skrill
Additional Betsson Payment Methods
PayPal
Credit Card
Neteller
Paysafecard
+3
100% up to
75$
Betsson Review Visit Provider
83/100
Rating
Skrill
Additional BetShah Payment Methods
Credit Card
Neteller
Astropay
MuchBetter
+8
100% up to
150$
BetShah Review Visit Provider
83/100
Rating
Skrill
Additional LeoVegas Payment Methods
Credit Card
Neteller
Paysafecard
Instant Transfer
+1
100% up to
1000$
+ 75$ Free Bet
LeoVegas Review Visit Provider
82/100
Rating
Skrill
Additional Bet3000 Payment Methods
PayPal
Credit Card
Paysafecard
Bank Transfer
20% up to
Bet3000 Review Visit Provider
82/100
Rating
Skrill
Additional Vbet Payment Methods
Credit Card
EcoPayz
Neteller
Paysafecard
+1
100% up to
100$
Vbet Review Visit Provider
82/100
Rating
Skrill
Additional Buff.bet Payment Methods
Credit Card
Paysafecard
Neteller
Rapid Transfer
+7
100% up to
200$
Buff.bet Review Visit Provider
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98/100
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PayPal
Additional 888 Payment Methods
Skrill
Instadebit
Credit Card
Neteller
+13
100% up to
200$
888 Review Visit Provider
89/100
Rating
Find out more about Bet365’s payment methods on their website.
100% up to
200$
Bet365 Review Visit Provider
85/100
Rating
PayPal
Additional Betsafe Payment Methods
Skrill
Credit Card
Neteller
Instant Transfer
+5
100% up to
300$
Betsafe Review Visit Provider
84/100
Rating
PayPal
Additional Unibet Payment Methods
Skrill
Credit Card
Neteller
Paysafecard
+4
100% up to
100$
Unibet Review Visit Provider
83/100
Rating
PayPal
Additional Betsson Payment Methods
Skrill
Credit Card
Neteller
Paysafecard
+3
100% up to
75$
Betsson Review Visit Provider
82/100
Rating
PayPal
Additional Bet3000 Payment Methods
Skrill
Credit Card
Paysafecard
Bank Transfer
20% up to
Bet3000 Review Visit Provider
81/100
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PayPal
Additional William Hill Payment Methods
Skrill
Credit Card
Entropay
Neteller
+11
50% up to
50$
William Hill Review Visit Provider
80/100
Rating
PayPal
Additional Interwetten Payment Methods
Skrill
Credit Card
Neteller
Paysafecard
+5
100% up to
50€
Interwetten Review Visit Provider
80/100
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PayPal
Additional Mansion Bet Payment Methods
Credit Card
Mansion Bet Review Visit Provider
78/100
Rating
PayPal
Additional Sportingbet Payment Methods
Skrill
Credit Card
Neteller
Paysafecard
+6
100% up to
150$
Sportingbet Review Visit Provider
71/100
Rating
PayPal
Additional Mobilebet Payment Methods
Skrill
Credit Card
Neteller
Paysafecard
+4
200% up to
20$
Mobilebet Review Visit Provider
98/100
Rating
Instadebit
Additional 888 Payment Methods
Skrill
PayPal
Credit Card
Neteller
+13
100% up to
200$
888 Review Visit Provider
98/100
Rating
Credit Card
Additional 888 Payment Methods
Skrill
PayPal
Instadebit
Credit Card
+14
100% up to
200$
888 Review Visit Provider
94/100
Rating
Credit Card
Additional Betinia Payment Methods
Skrill
Credit Card
Bank Transfer
Interac
+3
Betinia Review Visit Provider
92/100
Rating
Credit Card
Additional ComeOn Payment Methods
Skrill
Credit Card
Neteller
Instant Transfer
+4
100% up to
500$
ComeOn Review Visit Provider
92/100
Rating
Credit Card
Additional Cbet Payment Methods
Skrill
Credit Card
Paysafecard
Neteller
+2
100% up to
200$
Cbet Review Visit Provider
89/100
Rating
Find out more about Bet365’s payment methods on their website.
100% up to
200$
Bet365 Review Visit Provider
89/100
Rating
Credit Card
Additional Sports Interaction Payment Methods
Credit Card
100% up to
100$
Sports Interaction Review Visit Provider
88/100
Rating
Credit Card
Additional Bethard Payment Methods
Credit Card
Trustly
Bank Transfer
100% up to
100$
Bethard Review Visit Provider
86/100
Rating
Credit Card
Additional Betway Payment Methods
Skrill
Credit Card
Applepay
Neteller
+7
100% up to
200$
Betway Review Visit Provider
85/100
Rating
Credit Card
Additional Betsafe Payment Methods
Skrill
PayPal
Credit Card
Neteller
+6
100% up to
300$
Betsafe Review Visit Provider
84/100
Rating
Credit Card
Additional Unibet Payment Methods
Skrill
PayPal
Credit Card
Neteller
+5
100% up to
100$
Unibet Review Visit Provider
83/100
Rating
Credit Card
Additional Betsson Payment Methods
Skrill
PayPal
Credit Card
Neteller
+4
100% up to
75$
Betsson Review Visit Provider
83/100
Rating
Credit Card
Additional BetShah Payment Methods
Skrill
Credit Card
Neteller
Astropay
+9
100% up to
150$
BetShah Review Visit Provider
83/100
Rating
Credit Card
Additional LeoVegas Payment Methods
Skrill
Credit Card
Neteller
Paysafecard
+2
100% up to
1000$
+ 75$ Free Bet
LeoVegas Review Visit Provider
82/100
Rating
Credit Card
Additional betcris Payment Methods
Credit Card
100% up to
100$
betcris Review Visit Provider
82/100
Rating
Credit Card
Additional Bet3000 Payment Methods
Skrill
PayPal
Credit Card
Paysafecard
+1
20% up to
Bet3000 Review Visit Provider
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Most of us are aware of PayPal, who were the first gargantuan online payment method around the world in the late 90s, and after just over two decades of service, they remain one the best online betting payment methods for both its easy nature and security.

In Canada, however, iDebit and Instadebit are two popular methods alongside PayPal, and they are all completely licensed, legit and easy to use for online betting, too.

The Average Processing Times for Online Betting Payment Methods

One of the trickiest things to work out when using online payment systems is the processing times, as each one can vary depending on the method that you use. Online betting sites will try to get your money to you as quickly as possible for reasons that benefit both you and them, so you can continue to play with them as soon as possible, and get your cash easier. However, when it comes to withdrawing your money, especially if you use a bank wire, things will take a bit longer than when you deposit.

The potential delay of a few days when withdrawal is why many bettors opt for online betting payment methods like PayPal, so they can get the money rapidly and in some cases, instantly. However, in terms of the average speed, this will depend on the processing times of the operator and the payment system you are using, but you can be assured that using an online payment system such as PayPal will be significantly quicker than a direct wire transfer to your bank, as is the case in most circumstances with online payment.

Bookmaker Payment Methods & Verification

Similarly to the withdrawal processing, the online betting payment methods will differ in their own way when it comes to verification. In rare cases, some payment services allow you to have an account without being fully verified and move money around how you please, but we do advise on steering away from these systems for obvious reasons.

On the other hand, for your own security and to make everything easier and get the most out of bookmaker payment methods, ensuring you’re fully verified is essential. These providers will ask for a bunch of things to verify your account, such as proof of residence and ID, and when showing them your ID, more often than not, a passport or driver’s license is enough.

As for showing proof of where you live, the best and easiest way of doing this is a utility bill or a bank statement. If you don’t have any of these, you can request them from your bank or bill operator.

Online Betting Payment Methods – The Editor’s Recommendation

As is the case in many places around the globe and in North America, PayPal remains the most well-known and the best choice for your bookmaker payment methods. Indeed, there are faster services out there, but with PayPal, you have two decades worth of service and unrivaled customer service.

iDebit and Instadebit are two competitors of PayPal and they are both efficient, fast, have a low fee and they also won’t share your financial information at all, so if you don’t want to use PayPal, these are two healthy options also.

Bookmaker Payment Methods FAQ

Do I need to use the same deposit and withdrawal method?

This will depend, but more often than not, the answer is yes. Prepaid cash cards like Astropay can only be used as deposit methods on some sites, but with services like PayPal, you can withdraw and deposit in this manner, but you can deposit through your bank and then withdraw through PayPal, for example.

Why does an operator block my account?

This could be a few things, but if you thoroughly read the terms and conditions, there shouldn’t be an issue. We advise on contacting customer service if you’re unaware of how your account was blocked, as they will have the answer and can maybe even unblock it once the problem is resolved. For example, if it is a verification issue, then you can chat with them and verify yourself in this way.

What payment method will get me a bonus?

For this, you’ll need to check the terms and conditions for bonuses and depositing, but in general, most payment methods won’t disrupt a bonus offer, but this isn’t always the case and some deposit methods might not be compatible for some methods, so ultimately, read the terms and conditions to see what issues there could be.

Why didn’t my deposit work?

There might be a few reasons, but your payment provider will have the answers to this. If they don’t, you will need to contact customer service to see what the problem is.

What if I try to use a different payment method that doesn’t match the name of the betting account?

In most cases, this won’t be a possibility, so do ensure that you’re using the same method of payment that aligns with your betting account. The reason for this is simple: security. If somebody is trying to use your bank and it doesn’t match the name of the betting account, it would be quite easy to steal money through betting.

A Summary of the Best Bookmaker Payment Methods

Ultimately, the best bookmaker payment methods are the ones which are fully legit and licensed and the ones that are completely secure and easy for you. With this said, we believe it’s important to avoid systems that don’t require adequate verification and stick to the popular methods like PayPal and iDebit, as we know these ones are secure and allow for easy withdrawal times.

Enjoy online betting with these top providers

98/100
Rating
Skrill
MGA - Malta Gaming Authority
100% up to
200$
888 Sports Bonus
100% up to 200$
888 Review
***** Visit Provider
Highlights
  • Generous welcome offer – up to $200
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96/100
Rating
Skrill
UKGC - UK Gambling Commission
200% up to
200$
Unikrn Sports Bonus
200% up to 200$
Unikrn Review
***** Visit Provider
Highlights
  • 200% deposit match up to $300
  • Over 1,000 different markets
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94/100
Rating
Skrill
MGA - Malta Gaming Authority
Betinia Sports Bonus
Betinia Review
***** Visit Provider
Highlights
  • Fantastic Betinia sign up bonus up for grabs
  • Choice of over 30 different sports available
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92/100
Rating
Skrill
MGA - Malta Gaming Authority
100% up to
500$
ComeOn Sports Bonus
100% up to 500$
ComeOn Review
***** Visit Provider
Highlights
  • 100% up to $500 bonus
  • Minimum odds 2.00
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92/100
Rating
Skrill
Curacao
100% up to
200$
Cbet Sports Bonus
100% up to 200$
Cbet Review
***** Visit Provider
Highlights
  • 100% deposit bonus up to €200
  • 5% Cryptocurrency Deposit Scheme
  • Comprehensive range of markets

Online Betting Payment Methods FAQ

💵 How do I deposit money for online betting?

In today’s modern world, there are numerous ways you can deposit and fund your online betting account, but there are different bookmaker payment methods for different operators. A few sites will have only a few options, but a lot of the best betting sites Canada has to offer will have a huge list of bookmaker payment methods.

💳 Are credit cards compatible as a bookmaker payment method?

Credit and debit cards used to be the only online betting payment methods, but with the addition of e-payment to the world, you can use both credit and debit cards as well as online payment through systems like PayPal and it is extremely rare for an online gambling operator to not allow the use of credit or debit cards.

🎰 Are you able to use online payment systems like PayPal?

You can use online payment systems like PayPal for almost anything, but is it the same for online gambling? At Wetten CA, we’ve listed all the possible methods of payment in our payment method reviews, be it for things like PayPal betting or crypto betting.

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