Deposit Money into a Betting Site in Australia 2021

Deposit Methods for Betting

If you are interested in cracking on with some online betting then you will need to know how to deposit money into a betting site in Australia. Our guide makes understanding this process much easier.

Payment methods will vary with their processing times and their maximum deposit limits which is why we give you the breakdown on these factors. If you’re looking for instant deposits and withdrawals then e-wallets like Skrill and Neteller are definitely the way to go. Keep reading our review to find the best payment methods in Australia at the moment!

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Compare Deposit Methods For Betting in Australia

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Credit Card Credit Card
Neteller Neteller
Skrill Skrill
PayPal PayPal
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Additional BlueBet Payment Methods
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BlueBet Review Visit Provider
96/100
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Additional PlayUp Payment Methods
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PlayUp Review Visit Provider
95/100
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Credit Card
Additional Unibet Payment Methods
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Neteller
Skrill
PayPal
+5
Unibet Review Visit Provider
93/100
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Find out more about Bet365’s payment methods on their website.
Bet365 Review Visit Provider
91/100
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Credit Card
Additional DraftStars Payment Methods
Credit Card
DraftStars Review Visit Provider
91/100
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Credit Card
Additional Picklebet Payment Methods
Credit Card
Skrill
Picklebet Review Visit Provider
95/100
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Neteller
Additional Unibet Payment Methods
Credit Card
Skrill
PayPal
Paysafecard
+4
Unibet Review Visit Provider
93/100
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Find out more about Bet365’s payment methods on their website.
Bet365 Review Visit Provider
95/100
Rating
Skrill
Additional Unibet Payment Methods
Credit Card
Neteller
PayPal
Paysafecard
+4
Unibet Review Visit Provider
93/100
Rating
Find out more about Bet365’s payment methods on their website.
Bet365 Review Visit Provider
91/100
Rating
Skrill
Additional Picklebet Payment Methods
Credit Card
Picklebet Review Visit Provider
95/100
Rating
PayPal
Additional Unibet Payment Methods
Credit Card
Neteller
Skrill
Paysafecard
+4
Unibet Review Visit Provider
93/100
Rating
Find out more about Bet365’s payment methods on their website.
Bet365 Review Visit Provider

If you are new to online betting sites in Australia then you may be somewhat unfamiliar with how best to go about making your deposits and withdrawals safely. There are a multitude of different payment options out there to choose from but the options will always vary depending on what betting site you use. It’s not just the options you should consider but how safe these methods are to actually use.

Here at CaptainGambling.com AU we conduct rigorous reviews of all the betting sites that you can access. Our reviews give you an in-depth look at how to deposit money into a betting site in Australia. While we always give you the breakdown on how you can make your deposits with each payment method, we also show you whether or not these payment methods are safe to use. The Captain takes a close look at the licensing and security of the betting site and its payment methods so that you can rest assured that you are in good hands.

We create our reviews to put any nerves you might have about a certain betting site to rest. Our job is to make sure that our readers know exactly what they are getting into with these betting sites and whether or not it is safe to deposit money into a betting site in Australia. To give you an idea of how detailed our reviews are we suggest taking a look at some of the best betting sites with credit card in Australia.

97/100
Rating
Credit Card
New South Wales
BlueBet Sports Bonus
BlueBet Review
Visit Provider
Highlights
  • User-friendly betting site
  • Great for beginners
  • Lots of betting options
96/100
Rating
Credit Card
Australia’s Northern Territory
PlayUp Sports Bonus
PlayUp Review
Visit Provider
Highlights
  • Quality sports betting app
  • Competitive odds for horse racing
  • Diverse selection of betting markets
95/100
Rating
Credit Card
Australia’s Northern Territory
Unibet Sports Bonus
Unibet Review
Visit Provider
Highlights
  • Diverse betting markets available
  • Live streaming on offer
  • Myriad of promotions offer
93/100
Rating
Australia’s Northern Territory
Bet365 Sports Bonus
Bet365 Review
Visit Provider
Highlights
  • Super competitive racing odds on offer
  • Standout sportsbook platform and design
  • Massive amount of betting markets
91/100
Rating
Credit Card
Australia’s Northern Territory
DraftStars Sports Bonus
DraftStars Review
Visit Provider
Highlights
  • Some of the biggest fantasy sports tournaments
  • Diverse range of sports to build your team for
  • Offers a streamlined mobile app

Average Times For Deposits And Payouts – How long is too long?

You can tell a lot about a betting site in Australia by how quickly they process your deposits and withdrawals. These processing times will of course vary depending on the payment method you are using but they should be completed within a reasonable amount of time.

Deposits

If you are a fan of using e-wallets like Neteller and Skrill then you will find that your deposit waiting times are practically zero. E-wallet deposits happen instantly and will at most take an hour or 2 to clear if the betting site is handling a lot of requests. If it takes longer than this you can take that as a pretty negative sign. E-wallets have one of the fastest processing times and as such should never take more than the time we mentioned.

But what about more standard methods like a debit or credit card? For the most part, debit and credit cards are also instant and shouldn’t take longer than a couple of hours at most to clear your deposit. If you are keen on using a bank transfer then you can expect to wait a little longer as this type of deposit takes awhile to clear as there are more security checks that need to be completed. The processing time can vary significantly so don’t be surprised if you wait anywhere between 3-7 business days for your deposit to reflect.

Depending on which of the deposit methods for betting in Australia you have decided to go with you can take these deposit processing times we have given you as a pretty solid outline for how long you can expect to wait for your transactions to clear.

Withdrawals

As far as your withdrawals go on these betting sites Australia you will find that it follows a similar pattern. Debit and credit cards can take between 2-3 days for your withdrawal to clear in your account but can be as quick as 24-hours as well. Bank transfers are notroulsily slower than other withdrawal methods so you may find that it takes anywhere from 3-7 business days for your withdrawal to reflect in your account.

E-wallets are without doubt the fastest ways for you to make deposits and withdrawals as they are instantaneous for both. The most time you are likely to wait is maybe an hour or two while the betting site processes the request for the withdrawal. Check out our review for the best betting sites with Neteller to see how this e-wallet matches up against its payment method competitors.

Payment Method Verification Requirements – What you need to know

The best ways for online betting sites in Australia to combat underage gambling or illegal activity on the site is to put certain steps in place to verify every user. This sounds more intense than it actually is, as all these betting sites are doing is ensuring that their gambling platforms are legitimate. So, what do you need to verify in order to deposit money into a betting site in Australia?

There are a few different ways to verify users on a betting site in Australia as well as a few ways to ensure safe payment transactions. Firstly, when you create your account with a betting site in Australia you will need to provide some form of identification to successfully sign up. This can be anything from a  driver’s license to a copy of your passport. You may need to go one step further, depending on the betting site, by giving the operator some kind of proof of residence as well.

As far as executing your payment transaction you will find that the best betting sites in Australia will provide you with a two-step authentication process. This may seem like a bit of a pain to have to do but it is one of the safest ways to ensure that your account funds are safe and sound. A two-step authentication process helps to prevent anyone else from being able to withdraw funds from your betting site account. You’ll find a similar security feature with an online bookmaker with Skrill as well.

At CaptainGambling.com we will always let you know what kind of verification process you will have to go through with each of these betting sites. As we mentioned before, the betting sites can vary pretty significantly when it comes to the payment methods they have and how you can link your own payment method to your betting site account. Our reviews give you the necessary know-how to do so successfully.

Editor’s Recommendation – The bookmaker with the fastest payment handling

Every sports betting fan may be after something different when it comes to their ideal online betting site Australia. In this instance, we want to help point our readers who are looking for the best way to deposit money into a betting site in Australia in the right direction. That’s why we are going to let you in on our personal favourite betting site for the fastening payment handling.

The payment site that stands out above the rest for us personally here at CaptainGambling.com AU is none other than the world-renowned Bet365. Bet365 is not only one of the best sports betting platforms with its phenomenal range of sporting events and features but it is also one of the best betting sites for making deposits and withdrawals. Of course, much of the processing time you experience will be down to your payment provider but it can also be influenced by how long a betting site takes to process your withdrawal or deposit request. At Bet365 that waiting time is practically non-existent. The operator swiftly deals with user transaction requests and never leaves you in the dark for long.

Bet365 is a truly exceptional betting site for Australian residents and provides you with a number of different payment methods to choose from. You would only be human if you are considering signing up to Bet365 as the operator runs a tight ship with the best features. Take a look at our review for the best betting sites with bank transfer as Bet365 just so happens to be one of them.

97/100
Rating
Credit Card
New South Wales
BlueBet Sports Bonus
BlueBet Review
Visit Provider
Highlights
  • User-friendly betting site
  • Great for beginners
  • Lots of betting options
96/100
Rating
Credit Card
Australia’s Northern Territory
PlayUp Sports Bonus
PlayUp Review
Visit Provider
Highlights
  • Quality sports betting app
  • Competitive odds for horse racing
  • Diverse selection of betting markets
95/100
Rating
Credit Card
Australia’s Northern Territory
Unibet Sports Bonus
Unibet Review
Visit Provider
Highlights
  • Diverse betting markets available
  • Live streaming on offer
  • Myriad of promotions offer
93/100
Rating
Australia’s Northern Territory
Bet365 Sports Bonus
Bet365 Review
Visit Provider
Highlights
  • Super competitive racing odds on offer
  • Standout sportsbook platform and design
  • Massive amount of betting markets
91/100
Rating
Credit Card
Australia’s Northern Territory
DraftStars Sports Bonus
DraftStars Review
Visit Provider
Highlights
  • Some of the biggest fantasy sports tournaments
  • Diverse range of sports to build your team for
  • Offers a streamlined mobile app

Payment Method Quick Facts – Most important payment methods facts

There are a whole bunch of other important things for you to know about safe and secure payment methods with Australian betting sites. That is why we have decided to compile a list of answers to the most frequently asked questions about betting site payment methods in Australia:

Can I use any payment method for a promotional offer?

The answer to this particular question will depend entirely on the betting site you are using. There have been multiple occasions in the past where you maybe couldn’t claim a promotional offering with Neteller or Skrill as your deposit method. You may even find an offer that doesn’t allow you to claim it with the use of any e-wallet.

This is not a uniform fact for all betting sites so the best way for you to know for sure is to take a quick look at some of the terms and conditions which should clear up what payment methods you can use.

Are there limits on how much I can deposit with these betting sites?

Yes, no matter what betting site in Australia you use there will no doubt be a couple of limits for you to keep in mind. Firstly, a minimum deposit for payment methods is fairly standard. So, if you are using an e-wallet it may differ slightly from a bank transfer in terms of the minimum deposit.

You will also more than likely find that there are a few limits on how much you can deposit within a day, week or month. The maximum deposits will vary from site to site and from payment method to payment method. We will always try to make this information readily available in our reviews of the best betting sites in Australia.

What is the quickest way for me to make a deposit?

There are a couple of deposit methods that you can use that will ultimately show instantly in your betting site account. The most popular method for fast deposits is using e-wallet methods like PayPal, Neteller and Skrill although you can also use credit/debit cards as well. Any of these methods will see you instantly deposit funds into your betting account. It really just depends on your preference at the end of the day but as long as it is one of these options you will have a swift way to have funds reflect immediately in your account. Check out our review for an online bookmaker with PayPal to see how quickly you can make deposits with one of the most famous payment methods in the world.

Does my deposit affect how I can make a withdrawal?

Yes, there are times where an online betting site may require that when you make a withdrawal that it is the same method that you used when you made your most recent deposit. This may not always be the case with these sites but it happens frequently enough that you can take it as a rule of thumb. This shouldn’t affect your process of making withdrawals too difficult unless you specifically would like to withdraw to a different payment method account in which case you should read the betting site’s payment terms and conditions before proceeding.

Do any of the payment methods have fees attached to them?

It is not uncommon for you to run into some transaction fees when making deposits and withdrawals with the best betting sites in Australia. It will depend entirely on the betting site itself but as we say, this is something you will likely see with a number of different sites. With that being said, most sites don’t charge any transaction fees so you shouldn’t run into any problems with the best betting sites in Australia when it comes to this. The sites that do charge fees will generally only do so after you have made more than one deposit or withdrawal  in the same day, with the fees themselves being fairly nominal.

Conclusion – Let the Captain help you on your journey

That brings us to the end of our guide for the best payment methods to use for betting sites in Australia. If you want to deposit money into a betting site in Australia you should now have a decent idea of what methods to use and how best to go about finding the right betting sites who give you enough payment method options.

All in all, it can be tough to scour the internet to find the best betting sites that offer you the payment methods you are looking for. That is why we recommend always coming back to our CaptainGambling.com AU website as we are always updating our latest reviews of the best betting sites and given you an in-depth look at some of the payment methods available, their potential transaction fees and the different processing times as well.

If you want to find out more about a specific payment method on our site then we suggest taking a look at our review of the best betting sites with EcoPayz or our review of an online bookmaker with Bitcoins.

97/100
Rating
Credit Card
New South Wales
BlueBet Sports Bonus
BlueBet Review
Visit Provider
Highlights
  • User-friendly betting site
  • Great for beginners
  • Lots of betting options
96/100
Rating
Credit Card
Australia’s Northern Territory
PlayUp Sports Bonus
PlayUp Review
Visit Provider
Highlights
  • Quality sports betting app
  • Competitive odds for horse racing
  • Diverse selection of betting markets
95/100
Rating
Credit Card
Australia’s Northern Territory
Unibet Sports Bonus
Unibet Review
Visit Provider
Highlights
  • Diverse betting markets available
  • Live streaming on offer
  • Myriad of promotions offer
93/100
Rating
Australia’s Northern Territory
Bet365 Sports Bonus
Bet365 Review
Visit Provider
Highlights
  • Super competitive racing odds on offer
  • Standout sportsbook platform and design
  • Massive amount of betting markets
91/100
Rating
Credit Card
Australia’s Northern Territory
DraftStars Sports Bonus
DraftStars Review
Visit Provider
Highlights
  • Some of the biggest fantasy sports tournaments
  • Diverse range of sports to build your team for
  • Offers a streamlined mobile app

Deposit Method Australia FAQ

💳What deposit methods can I use for betting sites in Australia?

Australian betting sites will vary from operator to operator which is why our reviews give you an in-depth look at some of the payment methods that will be available to you on these sites. You will want to know what options you have to deposit money into a betting site in Australia before you actually create an account.

🔒How do I know what betting sites are safe to use?

At CaptainGambling.com AU we always strive to make sure that our readers have the safest gambling experience possible. That is why we teach what to look out for in terms of safety and security with these various betting sites and their payment methods.

❓How long does each payment method take to clear for deposits?

Each of the best bookmakers may differ when it comes to how long your deposit takes to reflect in your betting account. That is why our reviews take a closer look at these individual payment methods and give you the lowdown on how long each of them take to clear.

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