All information below is, to the best of our knowledge, accurate at the time of writing this guide.
However, banks often change their fees, and bookmakers update their terms and promotions. Always check the most up-to-date details and fees before making any payments — especially if you're considering using options like paypal casino sites.
Sofortüberweisung (Instant Bank Transfer)
This is an excellent method for bookmaker deposits and is eligible for welcome offers. Deposits are credited immediately. The only minor inconvenience is that it takes a bit longer to enter account details, PINs, TANs, etc.
No fees apply for instant bank transfers.
Betkeen accepts Sofortüberweisung, and there are no additional fees for using it.
Pros:
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Instant deposits
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Accepted by almost all bookmakers and Betkeen
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Usually no bank fees
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Eligible for bonus offers
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Faster verification than other methods
Cons:
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Not accepted by Bet-Football and Premium Tradings
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Takes longer due to required account information (passwords, TANs)
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Slower withdrawals (typically 3–5 business days)
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Multiple betting-related entries on your bank statement
PayPal
PayPal is fast and user-friendly for deposits.
Deposits are credited instantly at most bookmakers. However, PayPal is not supported by betting brokers and not available at all bookmakers.
This method may not qualify for welcome bonuses. Always confirm this before your first deposit, as you won’t get a second chance to claim the welcome offer.
PayPal is a good alternative to avoid Visa fees for bookmaker deposits.
Some users report that Visa fees still apply via PayPal, as the bank may see where the funds are going. However, I haven’t personally experienced this.
Pros:
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Ideal for smaller bankrolls
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Widely accepted
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Fast withdrawals (often same day vs. 3–5 days for others)
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Quick transfers
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Helps separate matched betting funds from your household budget
Cons:
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Not always eligible for bookmaker bonuses
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Not supported by betting brokers
Neteller
Neteller can be used for bookmaker deposits, but some exclude it from welcome offers. Betting brokers do not accept Neteller.
It’s a fast method — once the money is in your Neteller account, it can be transferred instantly. Depositing into Neteller is almost instant via bank transfer.
No fees for sending funds from Neteller to bookmakers or withdrawing back to Neteller, but a flat €7.50 applies for withdrawing funds from Neteller to your bank account.
Neteller recently introduced a 2.5% fee on all deposit methods. Free options (e.g. “local bank transfer”) are no longer available.
Pros:
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Ideal for smaller bankrolls
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Widely accepted
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Fast withdrawals (often same day)
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Quick money transfers
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Keeps matched betting funds separate from your main budget
Cons:
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Not always eligible for bookmaker bonuses
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Not accepted by betting brokers
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High fees for deposits/withdrawals to and from your bank account
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Some bookmakers charge additional fees for e-wallet transactions
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Frequent withdrawals may lead to account gubbing
Skrill
Skrill is an e-wallet, similar to Neteller.
Deposit fees vary, but there is a free (non-instant) bank transfer option. Withdrawal fees from Skrill are €5.50 for bank transfers and 7.5% for Visa card transfers.
Tip: You can order a Skrill prepaid card for a one-time fee of €10. This allows you to spend directly from your Skrill balance, avoiding withdrawal fees.
Same restrictions apply regarding eligibility for welcome bonuses.
Skrill is the only accepted payment method for Bet-Football. Fees are 1.9%.
Advantages:
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Good for smaller bankrolls
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Generally accepted payment method
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Fast withdrawals (often on the same day, compared to 3–5 days with other methods)
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Quick money transfers
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Allows you to keep matched betting funds separate from other household expenses and your monthly budget
Disadvantages:
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Not always eligible for bookmaker bonuses
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Fees for deposits from and withdrawals to a bank account
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Some bookmakers charge fees for deposits and withdrawals made via an e-wallet
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If you choose this method because you plan to make frequent withdrawals, be aware that you might get gubbed as a result
Paysafecard
Paysafecard is a prepaid card that can be used for online payments. These cards can be purchased at lottery retailers, petrol stations, and other outlets — or online. The value of Paysafecard vouchers ranges from €10 to €100.
To make a deposit with Paysafecard, you simply enter the 16-digit PIN on the bookmaker’s website. The amount is credited to your account immediately.
There are no fees for purchasing Paysafecard vouchers or using them to make deposits. However, if you wish to have money returned to the card and then withdraw it to your bank account, a flat €7.50 fee is charged.
Advantages:
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Instant deposits
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No bank account or credit/debit card required
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Wide network of retail outlets
Disadvantages:
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A fee is charged when withdrawing money back to your bank account
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It’s not always possible to withdraw money back to the card, so you’ll need an alternative withdrawal method
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Cannot be used for deposits at Bet-Football and Premium Tradings
