Making a deposit into your new online horse racing betting account is one of the first things you’ll need to do after signing up. You can usually fund your online gambling account by either technological means or by visiting a physical betting establishment.
Since horse betting sites are licensed and regulated in most jurisdictions, getting started is simple. They follow the rules, so they can take deposits from major credit cards like Visa and Mastercard.
Some of the most common ways punters finance their horse betting accounts are listed below. There may be other deposit options available to you, depending on your location and the website you choose. As long as you’re using a reliable horse betting site, you can use any deposit method they offer without worry.
Deposit Options in the USA
In the United States, it is far simpler to make a deposit at a horse betting site than at a casino or poker site. The simple deposit options allow you to fill your account promptly, and the online horse racing is completely licensed by the US government.
MasterCard and Visa
Online deposits made with a Visa or MasterCard (debit or credit) card are the simplest to make. To make a deposit to your betting account, simply enter your credit card details and confirm the deposit amount.
Simply access the “cashier” section of your betting site and make a deposit using any major credit or debit card. You’ll enter your credit card details and verify the deposit there. You may also use your credit card to make deposits over the phone at most horse racing sites. Call them up and they’ll help you through it step by step.
MoneyPak with Green Dots
Green Dot MoneyPak is an additional deposit method for US punters. Green Dot gift cards may be purchased at thousands of stores including Walmart and Rite Aid. The voucher can then be redeemed in your betting account after purchase. Deposits from $1 to $1500 are accepted.
The Green Dot MoneyPak is preferable to online credit card deposits since cash deposits may be made immediately. Go to Walmart or Walgreens if you have some spare cash and pick up a MoneyPak.
To learn more about the Green Dot deposit method, visit the cashier section of your betting site. Where you can purchase a Green Dot MoneyPak and how to redeem it will be detailed on your betting site.
You can also fund your account by mailing in money orders, cashier’s checks, or personal checks. This method of depositing funds takes more time than others because you have to physically mail the check, but it does the job.
Deposits via wire transfer are also accepted. With this deposit method, you’ll need to make a trip to the bank in person to start the wire transfer process. For big deposits, wire transfers are preferable because their fees are flat rather than percentage-based.
Don’t be shy about calling your betting site’s customer care line if you’re having trouble making a deposit to your betting account. Since real money wagering is the foundation of online horse betting sites, they will work to facilitate your first wager.
Like wire transfers, eChecks let you instantly move funds from your bank account to your betting account. The primary distinction is that eChecks can be issued without physically visiting a bank and completing a wire transfer form.
Making a Deposit on a Horse Racing Site Outside the US
Bet365 and William Hill, two popular non-American horse betting companies, both hold official licenses from their respective governments. As a result, these platforms typically accept a wide variety of simple deposit options. All of the above deposit options and more are often available at international horse racing sites:
PayPal is a widely popular online money transfer service. Even though it is based in the United States, the corporation will not do business with gambling sites that target Americans. International betting companies like Bet365 and William Hill are big customers for PayPal, nevertheless.
For this reason, PayPal is categorized as a “online wallet” or “e-wallet.” Your bank account can send money to PayPal, and then PayPal can send money to your betting site. PayPal is quick, reliable, and simple to use. If PayPal is an option, I would recommend using it.
Skrill, or Moneybookers in its earlier incarnation,
Skrill is a payment service similar to PayPal that is operated by a different firm. Skrill is another e-wallet option that has been around for a while and has a solid reputation for security and ease of use. Skrill is a viable alternative to PayPal in cases where that service is unavailable.
Additional Deposit Options
Most foreign betting sites accept any of the deposit methods listed on this page. This includes deposit methods available in the United States. In addition to the techniques already listed, there are literally dozens of regionally specific deposit options.
The best course of action is to go to your preferred betting site, log in, and then head to the cashier. When you click on that, a screen will load with all of the deposit options that are valid in your region.