The payment methods for any online betting is the most important factor. So choosing the best payment methods for online cricket betting is the biggest factor for bettors/punters. Before choosing any online betting site, punters need to know about the payment options of that bookmaker. Actually, after creating an account at a betting site, the most important stape is funding. It simply means that, without money, betting is impossible. So punters must have to deposit money into an account. Here punters/bettors need to choose a payment option or method that is available to him and also acceptable for Bookmakers. Actually, punters need to deposit, withdraw, and send money for online betting. As a financial purpose bettors/punters need to choose the best payment methods for online cricket betting. For this reason, we like to discuss the best payment methods for online cricket betting.

Best payment methods for online cricket betting.

Actually finding an easier and trusted deposit method is a big problem as like finding a trusted bookmaker site. It also varies on the bettor’s geographic location. Sometimes it makes hassles not only for a new customer but also for an experienced customer. To continue online cricket betting bettors need to maintain various low and financial institution about betting. So finding a safe and trusted deposit method besides trusted bookmakers is so important for punters/bettors.

Actually here we mention about best payment methods on offer for online betting. In general, if we like to categorize the payment methods for easy understanding. Then it can be categorized into four. these are bank transfers, e-wallets, cards, and mobile payments or cryptocurrencies. Nowadays you can use so many payment options for betting online. However, among online gambler, e-wallets like Skrill or NETELLER is very trusted and popular. Actually, we recommend you to use Skrill or NETELLER for continuing your online cricket betting.

Popular payment options or methods for online cricket betting

However, for better information, let’s see the online bookmaker payment methods available to punters. Actually the most popular online payment option for online betting are:

Payment MethodDeposit TimeWithdrawal Time
Debit CardsInstant1-3 Days
Credit Cards (Not available in the UK from 2020)Instant1-3 days
Prepaid CardsInstantN/A
PayPalInstantInstant
NetellerInstantInstant
SkrillInstantInstant
PaysafecardInstantN/A
ApplePayInstantN/A
EcoPayz/EcoCardInstant24 Hours
Bank Transfer1-3 Days3-5 Days

Card payment system (Debit and credit card )

The card payment system (Debit and credit card ) is the most used payment method for online cricket betting. Actually it is popular for its simplicity. Its also fasts and safe, just you need to have enough funds on your bank account.
The card payment system (Debit and credit card ) is the most used payment method for online cricket betting. Punters can use Visa Debit, Visa Electron, and Maestro card for their transactions. Actually, it is popular for its simplicity. Its also fasts and safe, just you need to have enough funds on your bank account. However recently some country mainly the UK banned the credit card payment system for online betting. Let’s see its pros and cons of using the Card payment system (Debit and credit card ) for online cricket betting.

Pros and cons of the card payment system (debit and credit card ):

✅ Pros❌ Cons
  • Instant Deposits
  • Have sign up offers
  • Easy to use for money transaction
  • Trusted and safe
  • User need to share some information
  • Bank knows the purpose of spending money or knows where the user spending his/her money

Electronic Wallets (E-wallets) payment system

At present increasing the user of e-wallets rapidly. Among punters/bettors e-wallets become so popular as a payment method.
Actually nowadays the use of e-wallets is the most efficient, fast, and safest method for online cricket betting. Another reason for its popularity among bettors is bookmakers cannot know the user’s bank details. However, the user also has very good control of his/her finance.

Pros and cons of electronic wallets (E-wallets) payment method.

✅ Pros❌ Cons
  •  Instant deposit and withdraw money very quickly
  • No need to share user’s bank details with the bookmarkers
  • Easy to use for money transaction
  • Trusted and safe
  • It has excellent customer support
  • Sometimes user need to to pay a small fee
  • Generally not eligible for sign up offer

Actually, e-wallets become popular for it’s facilities. There are so many e-wallets like Skrill, NETELLER, PayPal, etc. However, among punters, these e-wallets are so much popular and most common because now these e-wallets are safest and trusted. Let’s see little about these e-wallets.

Skrill

Skrill LogoSkrill is one of the most popular payment methods, especially for online sports betting. Actually Skrill is a UK-based eWallet that provides quick fund transfer and security. Another important thing is skrill its safety system is so good and has recent technology. Also, skrill has an expert team to check user account and ensure their security. For online cricket betting Skrill is the perfect payment method.

Pros and cons of Skrill:

✅ Pros❌ Cons
  •  Instant deposit and withdraw fund very quickly.
  • Free account and fast access
  • Bookie cannot know about user bank details.
  • Easy to use for money transaction.
  • Trusted and safe.
  • Skrill has Credit Card Transactions and email transactions.
  • It has excellent customer support in 24/7.
  • Sometimes user need to to pay a small fee
  • Generally not eligible for sign up offer

However, for online cricket betting, punters need to mention the purpose of the deposited fund during depositing money with credit or debit cards. Actually Skrill gives two options for depositing money. Users need to choose one of them. These two options are

  1. Gambling: For online cricket betting, the user must need to choose this option. Without choosing this option user cannot use his/her money for any type of betting or gambling.
  2. Non-gambling: This is for general use. By this users can all type of transactions except betting.

Some important things for choosing the purpose of deposit options:

  • Users cannot change the purpose of the deposit.
  • After choosing Non-Gambling purpose users won’t be able to spend his/her money on gambling or betting sites either.

You can see our other posts to see how to open a Skrill account.

NETELLER

netellerIn an online cricket betting, Neteller is one of the most common payment methods. Also, its user increasing day by day. Neteller is very much safe to do online transactions with strong security. Also, their support team and the system work very fast. Punters like to use NETELLER for money transactions during online betting.

Pros and cons of NETELLER:

✅ Pros❌ Cons
  • One of the fastest payment methods.
  • Free account and fast access
  • Bank cannot see the betting activity and bookie.
  • Easy to use for money transactions.
  • Trusted and safe.
  • It has excellent customer support in 24/7.
  • Sometimes user need to to pay a small fee
  • Generally not eligible for the sign-up offer

The most important thing for a punters/bettors for using NETELLER.  During depositing money with credit or debit card user will be asked to choose the purpose of use for the deposited fund. There are to options. These two options are:

  1. Gambling: For online betting or cricket betting user must need to check this option, otherwise user cannot use his fund for betting or gambling.
  2. Non-gambling: This option is for all types of general transactions. Remember non-gambling funds cannot be used for betting.

Remember the purpose of the deposit cannot be changed. On the other hand, if you choose non-gambling purpose then you won’t be able to spend your money on online betting.

You can see our other posts to see how to open a Neteller account.

Bank Transfers

Among bettors/ punters, bank transfer is another simple way of sending money from their bank to bookmarks or betting sites. The user also can withdraw their fund via bank transfer too. Most of the betting site does not charge fees for transactions via bank transfer. Sometimes banks apply the charge, especially during transfer money between different countries and currencies. Another thing is that instant transaction is a little difficult for bank transfer. The transaction time also depends on the Bank and bookmarks. Usually, it takes about 3-4 days to complete.

Pros and cons of Bank Transfers:

✅ Pros❌ Cons
  • It’s simple and easy
  • It is a secure and safe method
  • Here bigger deposits and withdrawals available
  • It takes a few processing time
  • Bank knows the purpose of spending money or knows where the user spending his/her money

Other Payment  Methods (Mobile payments or Cryptocurrencies)

There is some other payment method for online betting, cryptocurrency is one of them. Cryptocurrency or bitcoin has not fully intruded on the online betting arena. Actually it might be only a matter of time. However, nowadays Bitcoin is a currency that has already started to appear on online betting sites. Cryptocurrency or bitcoin has not fully intruded on the online betting arena. Actually it might be only a matter of time. However, nowadays Bitcoin is a currency that has already started to appear on online betting sites. On the other hand, there are so many bookies who are accepting bitcoin.  Actually mobile payments or cryptocurrencies just growing up for online betting not use in large extent yet.

Pros and cons of Bank Transfers:

✅ Pros❌ Cons
  • Not regulated by bookies, and it is untraceable
  • It makes fast transactions to the user and from bookies
  • this is great for punters who understand technology.
  • The currency value can ups and downs
  • bitcoin not available on many boolies or betting sites

However, there are so many payment methods for online cricket betting. Most of the bettors like to use e-wallets as their betting payment method. Nowadays Skrill and NETELLER become so popular among punters. On the other hand, most of the bookmarks allow NETELLER and Skrill as payment methods.