Online betting is a fun hobby that can also be rewarding, as long as you know what you’re doing. You need to do many things before you start betting, such as finding a gambling operator, creating an account, deciding whether you’ll bet on sports, play casino games, etc.
Once you’re done and create an account, it’s time to choose a payment option. Even though most reputable gambling operators ensure that you can make safe transactions, some options are more reliable than others. With that said, let’s take a look at which are the safest payment options you can use for online betting.
Ever since they were first introduced, cryptocurrencies completely changed the way we make online payments. Instead of risking your Credit/Debit card details, you can remain anonymous and still pay for whatever is needed.
Unlike a few years ago, most of gambling operators accept different cryptocurrencies. Naturally, Bitcoin is the most widespread option because it made these types of currencies popular. Apart from it, some betting websites also allow their customers to use Ethereum, Litecoin, Dogecoin, and others.
Using cryptocurrencies is undoubtedly the safest payment option you can use while you’re gambling. Keep in mind it will get better as time goes one because there will be even more cryptocurrencies.
As much as we like every gambling operator to offer cryptocurrencies, some places still don’t allow their customers to use them. Fortunately, almost every betting website has loads of different e-wallets.
These types of payment methods will require (in most cases) you to have a bank account that needs to be linked with the specific e-wallet. Once you do that, you can download the mobile app of bet9ja and make a deposit or withdraw your winnings within seconds.
What’s interesting about most e-wallets is that they allow customers to make instant transactions. Of course, this depends on the specific mobile website, but you shouldn’t have problems with most of them.
There are various popular e-wallets, such as PayPal, Neteller, ecoPayz, Klarna, Qiwi Wallet, etc.
This is the option that people go to whenever they want to make large deposits. In most cases, the bank transfer will have a fee that you need to pay on each transaction, making it the least favorable option.
However, when you decide to add or withdraw a lot of money, this is one of the safest ways of doing it. Apart from being fast, this payment alternative also has significantly higher limits compared to the rest.
The last payment method that we want to include in this list is the classic debit/credit card. Many people use their cards on a daily basis for various things, including betting. Although they are really convenient, you should keep in mind that they are not the safest choice when it comes down to depositing.
If hackers manage to bypass the security features that a given operator has implemented, they can easily access your credit/debit card credentials.
Nonetheless, as long as you’ve chosen a legit betting company, you should be fine.