Find the best payment method to carry out a seamless online transaction at your preferred sportsbook. Find a super-fast, safe and secured method of topping up your account. Grab a cup of coffee while you enjoy this guide.
Technically, payment methods are also referred to as online payment gateway. In all simplicity, we are referring to a technology that allows you to top-up your online account to bet on games. Funding your account is the first step to playing for real money; the only exception is playing demo games.
The Philippines are great gamblers. They love to bet. This has led to the growth of the betting industry. Philippine online sports betting is one of the best in the industry. It has a track record of helping punters achieve their financial goals. Here, Evelyn Blyton, our guest post expert, is willing to share her experience.
This guide would serve as a fundamental background to help you make use of your bookmaker’s best payment method. We would also guide you on the best bookmakers in the Philippines.
Best Payment Methods
The choice of a bookmaker isn’t just tied to the odds value or bonus they offer. Withdrawals and deposits are vital components of a good online betting experience. Here, we would show you which payment methods are best and give you a list of payment providers.
Topping up or withdrawing cash can be carried out via several options. There are many options available, that each player can find at least one method that suits his game style. Let’s take a look at the best payment method for Philippine players.
- Debit Cards
Without any doubt, the debit card is one of the most popular payment methods for Filipinos. Visa and MasterCard are two cards that are mostly used. This method is safe, secured, and super-fast. Immediately the transaction is initiated, the money leaves your bank account to your betting account.
However, it is not instant for withdrawals. Withdrawals usually take a couple of days to get processed. Filipinos love this payment method because transactions are usually free. The bookmakers do not charge extra fees for making use of this payment method.
- Credit Card
For your online betting transaction, the credit card is another popular payment method for Filipinos. These cards are not synchronized with your bank account, unlike debit cards. Credit cards include MasterCard, Visa, American Express, and Maestro. MasterCard and Visa are the well-known options.
The credit card has some drawbacks. Regarding withdrawals, punters can online withdraw the amount they deposited previously. Betting sites don’t charge extra for using this method, but the service provider could. At the best bookie, as described by mightytips.ph, you could enjoy these features. However, it is best always to read the terms and conditions that follow.
- Prepaid Cards
Although credit cards and debit cards are the most popular method punters used for deposits and withdrawal, prepaid cards have also gained some ground. Punters can now get prepaid cards from Visa or MasterCard to carry out real money transactions.
Paysafecard is an example of a prepaid card. It is a safe and secured means for online sports betting transactions. Most bookmakers now have this option because of its wide growth. Paysafecard is designed beautifully. Players need to open a Paysafecard account for the transaction.
Here is a payment option that is very convenient for punters. It is ideal for topping up and withdrawing funds from your online betting account. PayPal is a super-fast payment method; this makes it worthy of being mentioned among the best payment options. With PayPal, deposits and withdrawals are instant. Players can quickly access their winnings.
For punters who need more reasons to use PayPal when you use PayPal. Also, your financial history is kept safe. Your bank won’t notice records of your transactions. Every Philippine player ought to give this method a trial.
- Bank Transfer
During the growth of the betting industry, bank transfers were mostly used. Bank transfers are the simplest way to top up a betting account. Withdrawals are initiated via this means. Although most bookies don’t have extra charges for using this option, some banks do. Again, it is important always to read the terms and conditions.
The fees are sometimes due to moving funds between different countries.
Other Payment Options
Filipinos love to bet on sports. Sports betting can only be done when a betting account has been funded. The only exception is when a player decides to play the demo. Here is a list of other top payment options:
- Apple Pay
Punters must read the terms and conditions before they choose a method. There are limitless payment options; however, most payment methods have limits for both withdrawals and deposits. Reading could save you some stress.
Top Bookmakers With The Best Payment Option
These top bookmakers have an excellent track record in the betting community. We don’t play down their effort, especially in the Philippines. These bookmakers are safe, secured, and fun to play at. Interestingly, each of these bookies is distinct and unique. Here is a list of top bookmakers with the best payment option in the Philippines according to Mightytips.
- 22 Bet
Among these bookies, you are going to have a good time with anyone you select. These are top betting sites known to every Philippine bettor. At Mightytips Philippines, you can find more information about every sportsbook operating in the Philippines.
In conclusion, this guide reveals the best payment options available to Philippine bettors. As earlier mentioned, these payment methods are safe, secured, and super-fast. Also, punters must read the terms and conditions that surround these methods. There are limits for both deposits and withdrawals, and some have these limits taken off. Top betting sites where you can find the best payment options are also listed on Mightytips Philippines. With this guide, every Philippine bettor can enjoy high-quality games using the best payment methods at a good betting site.