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Betfair Deposit

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  • Betfair offers exclusive Deposit bonuses up to $200
  • Betfair offers numerous deposit options
  • Deposited funds safety is guaranteed Betfair
100% up to $200

Since its launching in the year 2000 and being the first ever sports betting exchange, Betfair is one of the top largest exchange market in the world and as of 2020, Betfair is among the largest gambling platform including various categories such as Betfair football, poker, Betfair horse racing betting, other mobile betting apps such as the Betfair Casino, Betfair Virtual sports are also available. Users are also allowed to trade, as they would on ebay, except in this case, they have odds in place of physical goods and much more.

The Most Popular Betfair Deposit Methods

Deposits using a debit or credit card:  The debit card option is one of the most popular Betfair deposit methods which could be either via VISA, MasterCard or Electron. It is the easiest means of depositing funds into your Betfair account. The credit card is another popular deposit option including the Visa card and MasterCard in this category which offers immediate access to your funds immediately after depositing, to deposit money via Betfair debit card or Betfair credit card option:

  • Select the debit card/credit card option from the drop down table in the payment option box
  • Insert your debit card details
  • Insert the amount you want to deposit
  • Confirm your payment

The transaction fee for deposits using the debit card option is totally free while that of the credit card attracts 1.5% transaction fee. You also have the opportunity of depositing a minimum of $10 and a maximum of $10,000

Deposits using the Neteller option: This is one of the most popular deposit option for users whose preferences are e-wallets as opposed to the debit card or credit card option. Although, this wallet can be funded using either a debit or credit card. This option also offers immediate access to your deposited funds allowing you to start your wagering instantly.

To deposit funds via Neteller:

  • Click on the deposit button
  • Click Neteller from the available displayed options
  • Provide your 12 digit Neteller account number and your six digit identification number
  • Enter the amount you want to deposit into your Betfair account
  • Confirm your payment

Betfair charges zero transaction fees for depositing via the neteller wallet. If you do not have a neteller account, there is a link available to create one on the Betfair website.

Deposits using the Skrill option: The most popular eWallet is Skrill. Formerly knowns as Moneybookers, it allows funding by either debit or credit card, online banking account, or via bank transfer. To deposit funds via Skrill into your Betfair account:

  • Click the deposit button
  • Click skrill from the displayed options
  • Enter the amount you want to deposit into your Betfair account
  • To confirm your payment, you will be redirected to the site where you will be required to login to your Skrill account.

Betfair charges zero transaction fees for depositing via your Skrill wallet and like Neteller and card option, your funds are available to bet with instantly after successfully making your Befair deposits.

Deposits using the PayPal option: This is another Befair deposit option and as with Neteller, Skrill, debit or credit card options, funds are made available for betting instantly after depositing. Betfair charges 2.0% transaction fee for depositing via your PayPal wallet. To deposit funds via PayPal into your Betfair account:

  • Click the deposit button
  • Click PayPal from the displayed options
  • Enter the amount you want to deposit into your Betfair account
  • To confirm your payment, you will be redirected to the PayPal website where you will be required to log into your PayPal account to confirm your payment.

Currencies Available at Betfair

Betfair offers a wide range of currency for deposit into your Betfair account. This include the Swedish Krona, US Dollar, Euro, Australian Dollar, Hong Kong Dollar, UK Sterling and the Danish Krone.

Net Deposits

Irrespective of the deposit method you choose to use on your Betfair account, there is a net deposit figure. If you own more than one deposit option registered with positive net deposits, it will reflect on how you can withdraw your funds generated from won bets. A net deposit is the difference between your total deposits and the total withdrawals you have made during your gaming, which could either be via a credit or debit card and whichever funds are deposited with, it is imperative the player withdraws through the same channel.

The net deposit is a security policy set in place to help ensure that, the problem of card usage by someone else without your consent is prevented as fund would not be transferred to any other person, other than you.

Which is the best deposit method for Betfair?

Every aforementioned deposit method discussed are easy and safe to use, although based on individual preferences one can select among the wide range of deposit methods available. There is, however, one option that had not been discussed in the earlier sections is the Betfair prepaid card option.  Based on customer review this is by far the best deposit method, it offers several advantages over other options which includes:

  • Simplicity: With your Betfair prepaid card, deposits are made easier, all you need to do is to agree with their terms and conditions, privacy policy and cookie policy before depositing funds with it.
  • Speed: Deposits are made available in your Betfair account within the shortest time
  • Convenience: Its universality also makes it the most convenient to use, as it can be used anywhere and anytime.
  • No credit limit: There is no credit limit when using the Betfair prepaid account and no credit check.
  • Another feature that makes it standout is, it can be used to cashout or get your winnings faster by just the simple step of withdrawing your winnings back directly to your Betfair prepaid card providing instant access to your winnings. It has a very high approval rate and it is also a great option to manage your funds.

To create a Betfair prepaid card account:

  • Sign up for Betfair prepaid play+ by logging into your Betfair casino account
  • Visit the deposit page.
  • Click the Betfair prepaid play+ card as your deposit option
  • Click on the agree to terms and condition box
  • Finally, click on enroll
  • You will be allowed to add funds to your account immediately with any of your bank cards.
  • Your personalized Betfair prepaid card (Betfair debit card or Betfair credit card) will be mailed to your home/contact address within 10- 14 days upon successful registeration.

To fund your Betfair prepaid card:

  • Enter the bank number of your debit or credit card or any other bank number of the e-wallets you intend using to fund your Betfair prepaid account.
  • Insert the security code required.
  • Enter the amount you intend to transfer to your Betfair account.
  • Click deposit.
  • Click on fund my account to deposit the amount into your Betfair account.
  • It is important to note that the address on your preferred bank card matches with the one you used when setting up your Betfair debit card or Betfair credit card.

To deposit funds into your Betfair account using your Betfair prepaid card:

  • Fund your Betfair prepaid card with the amount you intend depositing by means of either your card, bank account transfer or via Discover.
  • Transfer the funds to your Betfair account
  • Your fund is automatically available for instant use on your Betfair account.

Withdrawals can also be made with the options used for depositing funds. So should you want to withdraw your winnings, you can use the deposit options as well. This includes PayPal, Neteller, Skrill etc with amazing fast processing time.

Check Out Our Betting Comparison

With all Betfair deposit methods available, you should be very confident in their funds handling infrastructure as it’s there for you to have a seamless deposit and a world class experience. Quickly signup if you do not have a Betfair account yet and make that deposit that will give you a deposit bonus of up to $200 for wagering and winning. You also have the opportunity of depositing a minimum of $10 and a maximum of $10,000. To get more valuable information about Betfair Deposit and Betfair Exchange is general, visit our Sports Betting Comparison page. In event of facing any challenges while depositing and you need help, you can contact Betfair support by sending an email to give a solution.

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Conclusion:
Betfair Deposit the Real Deal?

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Based on the information above, it is easier to decide which deposit method you are most familiar and convenient with. The Betfair website easy-to-use and comprehensive user-interface has made depositing easy and hassle free. It is, however, important to take into consideration the maximum and minimum deposit limits for each available options, the transaction fee involved (which are in most cases very small) and the banking options available at your disposal. Transactions made on Betfair are totally secure. On a final note, users are advised to gamble responsibly always.
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100% up to $200