Betting Site Payment Methods

One of the factors that can make or break a betting site for many Aussie punters is their payment options. In Australia, it used to be that you had to deposit cash, or via bank transfer, but today there are plenty of great ways to both deposit and withdraw from betting sites including with PayPal, Apple Pay, Skrill, Neteller and credit/debit card.

There are many different payment methods accepted by Australian bookmakers so we have only listed the most popular and easiest to use ones on this page. You'll find more information about depositing and withdrawing in the FAQ section of the betting site that you choose.

Some payment methods on this page can only be used for deposits but the best banking options can also be used for withdrawals which makes adding and removing money from your account safe and fast.

Note that some betting sites may offer you a deposit bonus after you have signed up. However, in the Ts and Cs of these bonuses some deposit methods are excluded. Remember to read the wagering requirement before you deposit any money to make sure that you can claim your betting offer!

Best Betting Sites for Payments 2024

1. Bet365 → The most payment options
2. Neds → Accepts PayID & EFT Transfer
3. Unibet → Accepts Skrill & Neteller
4. Ladbrokes → Accepts BPAY & PayID
5. Betfair → Accepts Osko, Skrill & Neteller
6. TopSport → No-limits betting site, $2 min
7. BlueBet → No-nonsense payments process
8. Palmerbet → Quick mobile withdrawals

Visa is undoubtedly one of the most popular and easy to use betting payment methods in Australia. All of the betting websites that we review accept Visa deposits whether its with your Debit or Credit card.

Visa deposits and are instant while withdrawals may not be available or can sometimes take a couple of days. Betting payments with Visa are also free of charge.

Visa Pros ✅

• Instant deposits
• Easy, free and available on all betting sites
• Deposit and withdraw directly to/from your bank account

Visa Cons ❌

• Must share your card details
• Withdrawals aren't instant (or may not be available)

How do you use Visa on betting sites? ❓

1. Choose a Visa betting site from the list below and create an account
2. Log in to your betting site and go to your 'account' section
3. Choose either 'deposit' or 'withdraw' and then select 'Visa'
4. Enter your card details as they appear on your Visa
   

Mastercard works just like Visa and is just as popular for depositing and withdrawing on betting sites in Australia. Mastercard payments via Credit or Debit card are also accepted by all Australian sports betting sites on this page.

Like Visa, Mastercard deposits and are instant but withdrawals can sometimes take a a couple of days. Mastercard payments are also free of charge.

Some betting sites like Ladbrokes, Bet365, Neds and Sportsbet also have their own Mastercards and Visa cards that are connected to your betting account. Deposits and withdrawals with these Cash Cards are free and instant.

Mastercard Pros ✅

• Instant deposits
• Easy, free, and available on all betting sites
• Deposit and withdraw directly to/from your bank account

Mastercard Cons ❌

• Must share your card details
• Withdrawals aren't instant (and are sometimes unavailable)

How do you use Mastercard on betting sites? ❓

1. Choose a Mastercard betting site from the list below and create an account
2. Log in to your betting site and go to your 'account' section
3. Choose either 'deposit' or 'withdraw' and then select 'Mastercard'
4. Enter your card details as they appear on your Mastercard
   

After Credit and Debit Card payments, the most popular betting payment method in Australia is PayPal. With PayPal, punters can deposit from and withdraw to their PayPal accounts directly.

Because PayPal is linked with your credit/debit card you can make PayPal betting payments, even if you have no money in your PayPal account.

PayPal deposits are instant while withdrawals can take up to 2 days but they are still a lot faster than bank transfers and card withdrawals. Betting websites also charge no fees for PayPal transactions.

PayPal is especially popular because it is easy to use and 100% safe - featuring an industry leading security system.

PayPal Pros ✅

• Instant deposits and fast withdrawals
• The most popular eWallet
• Safe and easy to use

PayPal Cons ❌

• Foreign currency conversion fees
• Need to create a PayPal account and register your card

How do you use PayPal on betting sites? ❓

1. Choose a PayPal betting site from the list below and create an account
2. Create a PayPal account and link it to your credit/debit card
3. Log in to your betting site and go to your 'account' section
4. Choose either 'deposit' or 'withdraw' and then select 'PayPal'
5. Enter your PayPal log in information
   

Apple Pay is supported on Apple devices like iPhones and iPads and allows you to make really quick deposits on some Australian sports betting sites.

Note that you will need to set up Apple Pay by linking your credit/debit card to your smartphone or tablet before you can use it for betting payments. Apple Pay deposits are instant but withdrawals are not supported.

Apple Pay Pros ✅

• The quickest way to add funds
• No fees and easy to use
• Supported by many different banks

Apple Pay Cons ❌

• Available on Apple devices only
• Can't use for withdrawals

How do you use Apple Pay on betting sites? ❓

1. Choose an Apple Pay betting site from the list below and create an account
2. Log in to your betting site and go to your 'account' section
3. Choose 'deposit' and then select 'Apple Pay'
4. Complete the payment using the Apple Pay Wallet app (which will open automatically)

PayID is a secure payment option that is linked to your bank account allowing you to send betting sites money instantly.

You will have to set up a PayID before you can use PayID to deposit onto an Australian betting site. This can be done from your mobile banking app or internet banking website. Note that while Australian bookmakers support PayID deposits, you cannot withdraw using PayID yet.

PayID Pros ✅

• Real-time deposits
• Simple, with no fees attached
• Linked securely to your bank account

PayID Cons ❌

• Can't use for withdrawals
• Some payments may require extra security checks

How do you use PayID on betting sites? ❓

1. Choose an PayID betting site from the list below and create an account
2. Log in to your betting site and go to your 'account' section
3. Choose 'deposit' and then select 'PayID'
4. Complete the payment by selecting PayID from your mobile banking app or internet banking site and then entering the betting site's PayID

POLi is online banking payment provider that supports betting website deposits in Australia and New Zealand. You do not need a POLi account to use POLi to top up your betting site.

POLi lets you deposit funds into your account instantly. When you use POLi, you log in to your online banking account using your log in details and POLi completes your payment for you by acting as a middleman between your bank and the betting site. POLi is trusted by thousands of Australians every day and payments are protected by 128 Bit SSL (Secure Socket Layer) encryption technology.

POLi Pros ✅

• Instant deposits
• Easy to use and available on mobile
• Supported by all betting sites and most banks

POLi Cons ❌

• 1% transaction fee (max $3)
• Can't use for withdrawals

How do you use POLi on betting sites? ❓

1. Choose an POLi betting site from the list below and create an account
2. Log in to your betting site and go to your 'account' section
3. Choose 'deposit' and then select 'POLi'
4. Find your bank, enter your online banking log in information, and confirm the payment

Paying by Bank Transfer is the most conventional betting payment method in Australia. Bank Transfer is still popular because there is no middleman involved and because it is 100% safe and secure. Bank Transfer is especially popular when depositing or withdrawing large sums of money.

Bank Transfer has been going out of style because deposits and withdrawals can take anywhere from a day or two, up to ten days depending on your bank and the betting site that you use. Some banks have also started to restrict payments to gambling sites.

Australian banks that do not allow gambling payments include: Macquarie, American Express, Bank of Queensland, Citibank, Suncorp Bank, Virgin Money and Bendigo Bank.

Bank Transfer Pros ✅

• No middleman
• 100% safe and secure
• Easy to keep track of how much you are spending

Bank Transfer Cons ❌

• Some Australian banks do not allow gambling payments
• Slow for deposits and withdrawals

How do you use Bank Transfer on betting sites? ❓

1. Choose a Bank Transfer betting site from the list below and create an account
2. Log in to your betting site and go to your 'account' section
3. Choose either 'deposit' or 'withdraw' and then select 'Bank Transfer'
4. Enter your bank account details as they appear on your online banking page
   

BPAY is not the easiest of payment methods to use but it is great for punters who want a really secure option. Most sports betting sites accept BPAY but be aware that it is only available for deposits and not for withdrawals.

BPAY is used by many Australian companies (45,000) for paying bills, salaries etc. and as such it was not designed for quick betting deposits. BPAY deposits usually take 2-3 days because you have to give your bank your BPAY Reference Number.

Because BPAY withdrawals are not supported you will need to use an alternative withdrawal method. We therefore recommend using a payment option that supports both deposits and withdrawals because then you can skip the long BPAY deposit process.

BPAY Pros ✅

• No fees
• Very secure - requires confirmation
• Available on smartphones/tablets

BPAY Cons ❌

• Withdrawals not available
• Slow and cumbersome to use

How do you use BPAY on betting sites? ❓

1. Choose a BPAY betting site from the list below and create an account
2. Log in to your betting site and go to your 'account' section
3. Choose 'deposit' and then select 'BPAY'
4. Give the payment details to your bank

Like PayPal, Neteller is an eWallet that acts as a middle man when depositing and withdrawing from betting websites. After linking your credit/debit card with your Neteller account you can make instant deposits and quick withdrawals (a couple of minutes to 2 days).

Neteller isn't huge in Australia yet but it is growing in popularity because it is easy to use and secured with industry-standard encryption technology.

The biggest downside to using Neteller is that when you top up your account you will be charged a small fee.

Neteller Pros ✅

• Instant deposits
• Trusted by punters and bookmakers around the world
• Great option if your bank restricts betting site payments

Neteller Cons ❌

• Small fee when topping up your Neteller account
• Cannot deposit using Neteller when claiming some bonuses

How do you use Netller on betting sites? ❓

1. Choose a Neteller betting site from the list below and create an account
2. Create a Neteller account and link it to your credit/debit card
3. Log in to your betting site and go to your 'account' section
4. Choose either 'deposit' or 'withdraw' and then select 'Neteller'
5. Enter your Neteller log in information
   

Skrill is another eWallet that is popular overseas and growing in Australia. You can make betting deposits and withdrawals through Skrill after creating an account (takes a couple of minutes). You must also link your credit/debit card with your Skrill account before you can make any payments.

Skrill deposits are instant and withdrawals are also very quick (a few minutes to a couple of days). Skrill is very similar to Neteller and is simple to use and safe to use.

Skrill users can expect to pay a small fee when topping up their accounts.

Skrill Pros ✅

• Instant deposits and quick withdrawals
• Great customer support
• Ideal if your bank restricts sports betting site payments

Skrill Cons ❌

• Small fee when adding money to your account
• Some bonus offers do not allow Skrill deposits

How do you use Skrill on betting sites? ❓

1. Choose a Skrill betting site from the list below and create an account
2. Create a Skrill account and link it to your credit/debit card
3. Log in to your betting site and go to your 'account' section
4. Choose either 'deposit' or 'withdraw' and then select 'Skrill'
5. Enter your Skrill log in information
   

EcoPayz is similar to Neteller, Skrill and PayPal and works just the same. You can link your card/bank account to your EcoPayz account and then make instant deposits on betting sites.

Unibet is the only Australian betting site that accepts EcoPayz. EcoPayz payments are secured by the latest fraud and encryption technology, in fact, EcoPayz is used by thousands of people from 173 different countries around the world.

EcoPayz Pros ✅

• Instant Deposits
• Secured with SSL bit encryption technology
• Keep your bank account details private from bookmakers

EcoPayz Cons ❌

• No withdrawals
• Fee when depositing and if account is inactive for over 12 months

How do you use EcoPayz on betting sites? ❓

1. Register with EcoPayz and deposit money via bank transfer
2. Choose an EcoPayz betting site from the list below and create an account
3. Log in to your betting site and go to your 'account' section
4. Choose 'deposit' and then select 'EcoPayz'
5. Enter your EcoPayz account information

Not all betting sites support Flexepin deposits but it is the most common prepaid payment method in Australia. When you purchase a Flexepin voucher online or at a store/petrol station you can then use your voucher's PIN to make anonymous betting site deposits.

There are no fees associated with Flexepin but the biggest downside is that you need to purchase a voucher before you can use it so Flexepin is not really 'instant'.

Flexepin Pros ✅

• No fees
• Instant Deposits
• Anonymous deposits without having to share bank details online

Flexepin Cons ❌

• No withdrawals
• Need to purchase a PIN every time you want to deposit

How do you use Flexepin on betting sites? ❓

1. Purchase a Flexepin voucher online or at a physical store near you
2. Choose an Flexepin betting site from the list below and create an account
3. Log in to your betting site and go to your 'account' section
4. Choose 'deposit' and then select 'Flexepin'
5. Enter your Flexepin PIN

Paysafecard is the world's most popular prepaid payment method. Paysafecard lets you deposit money into your Australian betting site account instantly, however, withdrawals are not supported.

Paysafecard is a popular payment method for people who want to keep their online payment anonymous. To use Paysafecard you must first but a PIN at a retail outlet, or online. Then you need to enter this PIN online when depositing to your betting account. Paysafecard deposits are instant but there is allow maximum deposit amount of $100 per PIN.

Paysafecard Pros ✅

• Instant Deposits
• 6 months fee-free with each PIN
• Anonymous deposit method (not linked to your bank account)

Paysafecard Cons ❌

• No withdrawals
• Maximum deposit amount of $100 AUD per PIN

How do you use Paysafecard on betting sites? ❓

1. Purchase a Paysafecard PIN online or at an outlet near you
2. Choose an Paysafecard betting site from the list below and create an account
3. Log in to your betting site and go to your 'account' section
4. Choose 'deposit' and then select 'Paysafecard'
5. Enter your Paysafecard PIN or log in information

It used to be that when you wanted to bet you had to walk into a TAB and hand over cash to place a bet. With the invention of the internet, funding your betting account with cash has slipped in importance but some Australian betting sites still accept cash in deposits.

Each betting site that accepts cash top ups is slightly different. However, the general principal is the same. You must find a participating store, go there, and hand over cash which will then be automatically deposited into your betting account.

More information about cashing-in can be found in the FAQ section your chosen betting site.

Cash In Pros ✅

• Safe - You are responsible for funding your account
• Anonymous
• Safe and easy to use

Cash In Cons ❌

• Inconvenient compared to eWallets and online banking
• Can only Cash In during business hours

How do you use Cash In on betting sites? ❓

1. Choose a Cash In betting site from the list below and create an account
2. Log in to your betting site and go to your 'account' section
3. Choose 'deposit' and then select 'Cash In'
4. Enter a store where Cash In is accepted and present the code that your betting site gives you
   
5. Pay for your deposit

• Availability - Does your favourite betting site accept this payment choice? Are there any other things that prevent you from using this payment option?
  
• Accessibility - How easy is it to use this payment method? Are deposits and withdrawals supported. Do you have to create an account, download an app or even head to a store to complete your payment?
  
• Speed - How quick will your deposit reach your betting account, or, more importantly, how quickly will you get your winnings?
  
• Cost - Are there fees associated with this payment method? Are they monthly, yearly or is there just a one time fee?
  
• Privacy - Do you need to enter your bank information to use this payment option? Will your bank be able to see your transactions? Will your betting site be able to access your bank account details?
  
• Security - How secure is the payment provider? What kind of encryption technology do they use?
  
• Minimum/maximum payments - How much can you deposit and how much can you withdraw? Are fees fixed or based on the size of your transactions?
  
• Currency - Can you deposit and withdraw with Australian dollars? If you're using a foreign currency, how good is the conversion rate?