Payment Methods for Racing Punters
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Discover and learn about all of the Payment Methods available to find out which best suits you.
Before you spend the time and effort registering with a new betting site, it’s important to make sure you’ll be able to actually fund your horse racing betting account.
There’s not much more disheartening at an online betting site than realising you can’t deposit money to back the horse you want to bet on.
These days, there are so many payment options available online for desktop and on mobile devices that it’s rarely a case of being completely unable to make payments, but we’d still rather know that our preferred options are available.
Within each of our Australian betting site reviews, we always include a section dedicated to payment methods for horse racing punters so that you have the information you need before you’ve spent the time signing up.
On this page in particular, we’re going to go over some of the favourites and most common examples, so that, if a site doesn’t accept your regular payment option, you can make an informed decision on how you can get around the issue.
Find a betting site that offers the payment methods that suit you, grab one of our referral codes and then head over to the site to begin the registration process.
Australian Payment Methods
There is a handful of payment options that could be considered the best for use on Australian betting sites. They’re all fast, secure and have no fees attached.
However, the absolute "best" methods of payment are those that are the most convenient for you.
Continue reading to discover all of the best Australian payment options to use at online horse racing betting sites.
Betting With Credit & Debit Cards
Debit and credit cards are the most popular payment method choice for deposits and withdrawals in Australia. The most common two options are Visa and MasterCard.
Visa
When it comes to applying quick deposits into your betting account, Visa cards are generally recognised and accepted by the majority of major Australian betting sites.
MasterCard
The majority of significant Australian betting sites offer MasterCard, which is highly popular, generally recognised for all online payments, and is especially practical for quick, free betting account top-ups.
Betting With Bookmaker Cards
Many of the best Australian betting sites now offer their own dedicated debit cards that can be used to access winnings instantly. The cards can also be used as regular debit cards at anywhere that accepts the provider, which is usually MasterCard.
Betting With PayPal
Australian bettors increasingly use PayPal as a quick and easy method to deposit money into their accounts. Therefore, more and more gambling establishments are accepting PayPal as a payment option, which we’re very happy to see.
Betting With Skrill
Skrill, an alternative to utilising a bank account or credit/debit card on Australian betting sites, offers quick and simple account creation and money transfers.
It was founded roughly simultaneously with PayPal in 2001, making it an extra safe and secure option because of its extensive history.
Betting With Neteller
Australians who like online betting are more likely to choose Neteller as their preferred payment method due to the convenience, safety, and reliability of this e-wallet.
Fund your Neteller account using your bank account, credit card, or debit card, then choose your preferred Neteller betting site and place your bets online with no evidence of gambling appearing on your financial statements.
Betting With POLi
POLi is a rapid and safe way to transfer cash to your betting account at Australian online bookmakers and is only accessible to those with bank accounts in Australia and New Zealand.
Similarly to Neteller, this is a great option for those who don't have credit cards since it lets them make secure purchases online by linking their bank accounts.
Betting With BPay
BPay has been around since 1997, originally designed for use with telephone banking, but it has now been updated for use with internet banking and mobile banking applications.
Because of how convenient and secure it is, it has quickly become one of the most widely used electronic payment methods for punters in Australia.
Betting With Paysafecard
Paysafecard, which launched in 2000 but has only just been made available at Australian betting sites, is a widely used worldwide payment option.
The "gift card" system is a great option for casual Australian bettors because of the high degree of secrecy and protection it provides.
Betting With Apple Pay
Payments made using Apple Pay don't need you to physically present your credit or debit card, making it a convenient and secure alternative to traditional banking methods.
As the number of iPhone and iPad owners continues to rise, Apple Pay is quickly becoming a preferred method of payment at Australia's online bookmakers.
Betting With Flexepin
Flexepin is a great alternative to using a credit card online if you don't have one or prefer not to share your financial information with the merchant.
It's a popular option at many Australian betting sites since it's a payment method that's accepted throughout the country.
Betting With Cash In
Many gamblers continue to choose traditional betting methods since they are quicker and more convenient than electronic withdrawals.
Though it's not nearly as easy as handing over cash to a brick-and-mortar bookie, some online bookmakers do enable clients to transmit cash deposits.
Australian Bookmaker Payment Methods FAQs
What Is The Best Payment Method For Betting Sites?
The best payment method for making deposits and withdrawals at an online betting site in Australia is the one that is most convenient for you.
Can I Use Crypto To Bet On Racing In Australia?
Unfortunately, it is not legal to use cryptocurrencies as a form of payment method at online betting sites in Australia.
What Are Bookmaker Cards?
Bookmaker Cards are debit cards that can be ordered directly from some of the top Australian bookmakers and used to get instant access to your cash when you win money. They can also be used at other retailers as regular debit cards.
