Written by:
Damjan Jugovic Spajic
Fact checked by:
Oliver Dickinson
Updated:
February 27, 2024

Paysafecard Betting Sites

Paysafecard Betting Sites

Paysafecard is a payment service launched in 2000 that allows users to complete online transactions using a 16-digit PIN. It has become a popular option among sports bettors for its excellent budgeting feature, zero fees, and data privacy.

Making a payment with Paysafecard is straightforward once you purchase your 16-digit voucher. With this voucher, head to your deposit page on your bookie, pick the Paysafecard option, enter your 16-digit PIN, and voila – the money appears in your account.

Although the Paysafecard voucher PIN is what most people know about the service, this guide will provide details on the Paysafecard Mastercard and e-wallet options now available from the provider. You’ll also learn about the best Paysafecard UK betting sites, the comprehensive step-by-step process to complete your Paysafecard payments, and more.

How Paysafecard Online Betting Works in the UK

Paysafecard is a prepaid payment service that allows users to purchase vouchers to complete payments online. The Paysafecard service has existed since 2000 and is a widely accepted payment option on UK sports betting sites. There are three options for Paysafecard payments:

Online Bookies Accepting Paysafecard

bet365 UK

4.6/5
  • £5 Minimum Deposit
  • Advanced In-Play betting
  • Live streaming
  • Betting & Casino
  • Can restrict big bettors
  • Longer cash-out procedure
Bet £10, Get £30 In Free Bets
Play Now

betway UK

4.3/5
  • £5 Minimum Deposit
  • Amazing betting app
  • Daily promos + Odds boosts
  • Diverse betting markets
  • Small welcome bonus
  • Limited deposit options
£30 Matched Free Bet
Play Now

There are several UK betting sites that accept Paysafecard payments, and these are our top three picks.

Best Paysafecard Betting Sites in UK:

🥇bet365

bet365 is an excellent option for all UK bettors, with easy access via a downloadable mobile app or online web version. The website is easy to navigate, with links on various parts of the screen and the most relevant odds appearing at the top.

With licenses from the UK Gambling Commission and Malta Gaming Authority, bet365 is a trustworthy bookie to visit. Since you’re a new customer on the site, the operator will reward you with £30 in free bets when you make a £10 bet. 

Navigating the bet365 website is a breeze thanks to its simplistic design, with an alphabetical list of its 35+ sports markets on the left side of the screen and upcoming events at the center. You can find matches from top sports markets like football, mixed martial arts, basketball, golf, motorsports, and many more.

Live streaming and in-play betting are additional features you get on bet365, with access to some of the most competitive odds in the market. You can combine these excellent odds with ongoing player promotions like the Euro soccer bonus, bore draw money back, or 2 Goal Early Payout for better payouts from the operator.

✅Pros

❌Cons

bet365 UK

4.6/5
  • £5 Minimum Deposit
  • Advanced In-Play betting
  • Live streaming
  • Betting & Casino
  • Can restrict big bettors
  • Longer cash-out procedure
Bet £10, Get £30 In Free Bets
Play Now

🥈Betway

Betway is one of the famous names in the UK sports betting industry and one of the most trustworthy operators. It has partnerships with Arsenal and Brighton & Hove Albion while serving as the official sponsor of West Ham United.

As a new customer on Betway, you have access to the welcome offer of £10 in free bets, along with other existing player promotions like the Betway boost, free prediction games, and more.

There are over 30 betting markets on Betway, with a large selection of football games available from the Premier League, La Liga, Serie A, UEFA Champions League, and more. If you’re interested in other sports, you can find basketball, Horse Racing, Cycling, Boxing, Darts, and Cricket games to bet on.

Betway allows you to place straight, accumulator, single, and other bets. You can also access in-play betting and live streaming services to ensure you don’t miss out on any winning opportunity.

✅Pros

❌Cons

betway UK

4.3/5
  • £5 Minimum Deposit
  • Amazing betting app
  • Daily promos + Odds boosts
  • Diverse betting markets
  • Small welcome bonus
  • Limited deposit options
£30 Matched Free Bet
Play Now

🥉Unibet

Unibet offers over 35 sports betting markets for you to pick from, with football, boxing, field hockey, basketball, American football, UFC/MMA, Volleyball, and Tennis all appearing on the list.

To simplify sports betting for everyone, Unibet has several beginner guides that cover various betting markets and features the bookmaker offers. These include the Virtual sports betting guide, eSports betting guide, and Bet Builder guide.

In-play betting, live streaming, bet builders, and accumulators are all available on Unibet, and you can find a section with a list of popular Acca’s that you can view and use to your advantage.

As a new customer, you have a Money back bonus of up to £40 as bonus funds and £10 casino bonus. This money-back bonus comes with a 3x wagering requirement at minimum odds of 1.40, and you must wager this bonus before you can use the casino bonus you receive.

Other notable features of Unibet include the odds boost and a cash-out feature that is handy if your predictions are way off the mark.

✅Pros

❌Cons

Why We Selected These Paysafecard Betting Sites

Finding the best Paysafecard betting sites requires a bit of research, and we consider several factors during our review process. One of these is the size of the sports markets on the bookie, as we wouldn’t want to lead you to a site that doesn’t offer access to the sports that matter to you, whether they are popular or not.

The next consideration is the security of the bookmaker, which includes its licenses and website security. The sites on our list have a license from the UK Gambling Commission, which ensures they operate within the guidelines set by the UK government. SSL encryption technology is also used on these sites to protect your data while you place bets.

Another critical factor we pay attention to with Paysafecard betting sites is their selection of alternative payment channels. These alternatives are crucial since Paysafecard withdrawals aren’t available.

Access to responsible gambling tools and customer support services also dramatically impacts our selection process. Most of our picks are bookies that offer live chat, email, or phone support services with several responsible gambling tools to protect their users.

Once we’ve confirmed these aspects, the bonus offers on these bookmakers seal their place on our list. You’ll find new customer offers, odds boosts, cashouts, acca bonuses, and many more.

How to Deposit with Paysafecard at Online Bookmakers

You can use the PIN, Mastercard, or e-wallet option to make a Paysafecard deposit at an online betting site. For these options, you may need just a Paysafecard prepaid voucher or both the voucher and a Paysafecard online account that you can set up with these steps:

  1. Go to the Paysafecard website at https://www.paysafecard.com/ and click the “Sign Up” button.
  2. Pick your country of residence, then provide an email address and password.
  3. Complete other necessary details like your name, address, and DOB.
  4. Accept the Paysafecard terms and conditions and hit the Create Account button to proceed.
  5. You should receive a verification email and click on the link to activate your Paysafecard account.
  6. Log in to your account and add funds using a Paysafecard voucher.
  7. Request for a Paysafecard Mastercard.

While you wait for your Paysafecard Mastercard, you can always complete your payments using the Paysafecard PIN or e-wallet payment. For the Paysafecard PIN, all you need is your 16-digit code, while the e-wallet option requires you to add funds to your Paysafecard account using vouchers you purchase.

Paysafecard vouchers are available at authorized online sellers or sales outlets that you can find using the “find sales outlet” feature on the Paysafecard website.

It doesn’t matter if you visit a local store or purchase from an online seller; the Paysafecard voucher you receive will have a 16-digit PIN you must enter whenever you want to pay using the Paysafecard Classic option.

Now that you have your Paysafecard Voucher or funds in your account, you can take these steps to complete a payment on any bookie you select:

  1. Sign in to your Paysafecard sports betting account and go to the cashier or deposit section.
  2. Enter the amount you want to deposit and click on Paysafecard as your payment option.
  3. You’ll be redirected to the Paysafecard Payment gateway, where you’ll see your transaction summary.
  4. Now, you can pay with your 16-digit PIN or use your e-wallet.
  5. If you pick the 16-digit PIN option, enter the code and proceed with the payment.
  6. For the e-wallet option, enter your username and password to proceed with the payment.
  7. Accept the terms and conditions and click on the Pay button.
  8. Your payment is complete, and your funds should be in your betting account.

If you already have your Paysafecard Mastercard, you must pick the debit card payment option, provide all the necessary details, and complete your payment.

Paysafecard Minimum and Maximum Deposit Limits

The minimum and maximum deposit limit with Paysafecard vary depending on the option you select as follows:

The limits on Paysafecard deposits are subject to change as the company frequently reviews and updates its policies based on regulatory requirements.

How to Withdraw From Paysafecard Betting Sites

Despite many of the benefits of Paysafecard payments, one of its major drawbacks is its lack of withdrawal support on sports betting sites. This means that while you’re assessing a potential Paysafecard bookmaker, you’ll also need to check the withdrawal options available on the operator to ensure there is one with a decent processing time, low minimum withdrawal amount, and low processing fees.

To protect bettors, the UK Gambling Commission has rules promoting easy withdrawals. For instance, bookies aren’t allowed to mix bonus balance and deposit funds, and bettors must be allowed to withdraw from their deposit balance at any time. As a result, you can find bookies with minimum withdrawals as low as £1 or £5. However, these requests usually have processing fees, so you must read carefully.

Depending on the operator you select and your preference, some available withdrawal options include PayPal, Visa Direct, Neteller, and Bank transfer.

Withdrawal Processing Times

The withdrawal processing time varies from one bookmaker to the next, but you can expect anything from 1 – 5 business days for payments. To ensure faster payouts, the UK Gambling Commission ensures that bookies don’t wait till you request a withdrawal before bombarding you with requests for verification details.

Hence, an unnecessary delay with your withdrawal may stem from an issue with the payment provider or an internal problem with the operator.

Fees and Charges when Betting with Paysafecard

There are no fees or charges when placing bets with the Paysafecard payment option. However, individuals who have a Paysafecard Mastercard will have to pay annual fees and maintenance charges on the card. Also, if you purchase a Paysafecard PIN, there is a monthly maintenance fee after 30 days.

Tips for Managing Your Bankroll at Paysafecard Betting Sites

The first step to becoming a successful sports bettor is learning to manage your bankroll. This process will have a lifelong impact on your betting career, and a few tips can help steer you in the right direction:

Bonuses! Bonuses! Bonuses! Always Claim Yours

There is no easier way to grow your bankroll than with bonus offers from your bookie. The new customer offer is the first bonus you’ll gain access to, but you’ll also have a chance to claim ongoing player promotions later.

Although bonuses are great, you must go through the T&Cs of each offer to know everything you need to avoid for your bonus winnings to remain valid.

Always Compare Odds

A great idea is to have an account on multiple Paysafecard betting sites and compare odds for every match or event. This is the only way to ensure you get the best odds and grow your bankroll effectively.

Responsible Gambling is Always Trendy

It doesn’t matter if you go through 50 of our guides; one thing we’ll always emphasize is the importance of responsible gambling. You can find various tools like deposit limits, time limits, and loss limits to help you control your spending on Paysafecard betting sites, but you should also ensure you follow these tips:

You can visit the UK Gambling Commission website for more information on responsible gambling.

Try Flat Betting

Adopting a flat betting strategy is an excellent way to maintain and grow your bankroll as a sports bettor. You’ll need a high level of discipline to make this work, but the overall concept focuses on risking a fixed amount on every bet. Your risk per bet may be a fixed amount or a percentage, but the specifics will depend on whether you’re a newbie (say, 1% of your account) or a veteran (up to 5%).

Progressive Betting isn’t All Roses

An idea often tossed around is that bettors should use a progressive model to grow their funds. Sometimes, the model may involve increasing your bet amount as you win and reducing it as you lose. In other extreme situations, some progressive betting strategies encourage bettors to increase their bets as they lose – often leading to chasing losses.

You must avoid these strategies if you’re trying to manage and grow your bankroll. Since these strategies have a large bankroll requirement and don’t give you any specific edge, you should avoid them until you gain more experience. 

Pros and Cons of Using Paysafecard for Online Betting

✅Pros❌Cons
You don’t need to share your banking detailsNeed to go to a store to get a voucher to fund your account
Excellent option for staying within a budgetWithdrawals are usually unavailable with this payment method
Paysafecard is an uncomplicated payment method that anyone can useLow maximum deposit doesn’t make it a great option for some bettors
High level of security since your personal information isn’t involved in any paymentAnnual fees and maintenance fees apply to Paysafecard Mastercard
This payment option is available on most of the top UK sports betting sites
No additional fees with the use of Paysafecard Classic or e-wallet

Alternatives for Betting in the UK

Without question, Paysafecard is easily one of the most widely available payment options on UK betting sites. However, the lack of withdrawal support is a significant reason why many individuals always need an alternative. To help you quicken your search for the best alternative, we’ve compiled a list of other top payment options you can use for deposits or withdrawals in the UK:

FAQs

  • How do Paysafecard payments work?
    The Paysafecard Classic payment option allows you to purchase vouchers consisting of 16-digit codes that you can use to fund your betting account. Each voucher is worth a specific amount, and some of the currently available vouchers are worth £10, £25, £40, £50, £75, and £100.
  • Are Paysafecard payments restricted to 16-digit codes?
    No, Paysafecard now offers a Paysafecard Mastercard and e-wallet service. The Paysafecard Mastercard is a physical debit card you can use to fund your betting account like a traditional debit card. On the other hand, the e-wallet account allows you to make payments by entering your username and password instead of a 16-digit voucher code.
  • How do I top up my Paysafecard e-wallet and Mastercard?
    With the e-wallet service, you can top up your account using a 16-digit PIN or the Paysafecard Direct service, allowing you to add funds by scanning a barcode. The funds in your e-wallet can then be used to make payments or top up your Paysafecard Mastercard.
  • How do I withdraw funds from my betting account to Paysafecard?
    There is no option to withdraw funds to your Paysafecard. You must use an alternative payment option like Neteller, Skrill, PayPal, or Trustly to process any withdrawal.
  • What is the minimum deposit with Paysafecard?
    You can purchase Paysafecard vouchers as low as £10 and make deposits from £1 up to the voucher's maximum value.
AUTHOR
Damjan Jugovic Spajic

A soccer and eSports fan who always roots for the worst possible teams, Damjan is a resident writer and contributor at Minimum Deposit Betting Sites. With over 5 years of experience in the online casino and sports betting industry, he largely focuses on writing reviews and testing out bookmaker transaction processes.