An online casino that offers e-wallet payments may appeal to a wider market and benefit significantly. Considering online gaming and online gambling is a crowded industry, small inclusions like these can make a significant difference for gamers. With E-wallet transactions, the money gets moved around very quickly, so you can start playing your favorite online casino games without much delay. While fees can be an inevitability when making online transactions and withdrawals, with E-wallets at Casino.com the fees are significantly lower. Most online casinos offer this payment option through platforms like PayPal, Neteller, Skrill, Venmo, Google Wallet, Snapcash, and many other more. The Advantages of Using an E-Wallet When Gambling Online Now that you know what an e-wallet is, here are the advantages of using any of them. It’s easy and convenient. E-Wallets are a fantastic way for you to stay protected while sports betting online. They offer an easy, fast, and reliable way for you to fund your online sportsbook accounts as well as withdraw funds quickly. If you want to get started betting online and would like to use an e-Wallet, you’re in luck. E-wallet stands for electronic wallet and, in this case, it refers to a digital service to fund a betting account. It is an online service that enables electronic money transactions; they are especially preferred by online gamblers, for whom the confidentiality and safety of their money are of high importance.

e-Wallets are a fantastic way for you to stay protected while sports betting online. They offer an easy, fast, and reliable way for you to fund your online sportsbook accounts as well as withdraw funds quickly. If you want to get started betting online and would like to use an e-Wallet, you’re in luck. Below, you’ll find a list of the top online betting sites and sportsbooks that utilize several different e-Wallet platforms for your convenience.

If e-Wallet betting sites and e-Wallets are new concepts to you, that’s okay! In the remainder of this guide, we’re going to show you everything you need to know to understand and properly start using e-Wallet betting sites. We’ll start by showing you the most popular e-Wallets that you can use to join online sportsbooks, then we’ll break down how they work and what the benefits are, and we’ll close by talking about safety and things you should know before getting started.

The Most Popular e-Wallets

We’d like to take a quick minute and introduce you to the most popular e-Wallets that you’ll find working with online sportsbooks and gambling sites. If you see one you like, we do have links to the top betting sites that work with that e-Wallet for your convenience!

PayPal

PayPal is one of the biggest and most well-known e-Wallets on the market. Born out of eBay, PayPal is a publicly traded company founded by industry rock stars Elon Musk, Peter Thiel, Max Levchin, Ken Howery, Luke Nosek, and Yu Pan. The company is massive with the most recent reported market cap of $61.6 Billion. If you’re interested in using the most reputable in the business, check out the link below to see the top PayPal betting sites.

Skrill

Based out of London in the UK, Skrill is a very popular e-Wallet amongst Europeans. Part of the Paysafe Group, the company has been around since 2001 and does an annual revenue somewhere in the neighborhood of half a billion dollars. Skrill used to be called Moneybookers back in the day but changed names with a rebranding a few years back. The company is a great fit with the gaming and gambling industry as most European-facing sites offer it as an option. If you’d like to utilize Skrill to do your sports betting banking, click the link below to see our list of the top Skrill betting sites available.

Neteller

Also a member of the Paysafe Group (the same as Skrill), Neteller is a popular e-Wallet that is a great fit for the online gambling industry. If you’re interested in using Neteller, a company that has been around since the 1990s, use the link below. It will take you to our constantly updated list of the top Neteller sportsbooks and betting sites available to you.

Along with these well-known e-wallets, there are so many more that betting sites accept. Below you can check out our full list of e-wallet banking options.

How e-Wallets Work and the Benefits

e-Wallets are a really cool way for you to make purchased and deposits online without having to give out your banking or credit card information to every single company and website that you want to work with. e-Wallets act as a middleman between you and the rest of the internet acting as a buffer or insulation to keep you protected. Let’s take a look at exactly how e-wallets work and how you can get started using one.

Some people shy away from e-Wallets because they are confused why they have to make an additional account to get money onto an online gambling site. But, it’s this additional account that helps to keep you protected from everything else you do on the web.

Let’s say that you want to deposit into an online sportsbook, want to purchase something from a website, and you want to order food online. If you don’t have an e-Wallet and are making these purchases with a credit or debit card, you have to give each of the three sites your name, address, card information, and anything else they need to process your transaction. The more that your information is out there on the internet, the more that you are exposed.

But, let’s say you decide to open an e-Wallet account with say PayPal. You would give PayPal your banking information. But, once you give it to them, you never have to give it to anyone else on the web that utilizes PayPal (which is almost every company). Now, when you go to order your item offline and order your food, you are routed to PayPal to finish your purchase there. PayPal uses their own banking information to make the transaction and then gets the money from your account or the banking information you linked to your PayPal account.

So, you get to make all your transactions, but you only had to share your banking information with PayPal. When you make other purchases through them, they expose their own information and keep yours between you and them. This is a huge benefit because it ensures that your information stays safe and you don’t have to use it over and over again at all the different websites you want to use.

E Wallet Online Gambling Real Money

Additionally, you don’t have any issues with your card getting flagged or declined by a sportsbook or a company because they aren’t sure of the charges or something like that. If the company works with PayPal, they already trust them and will go ahead and process the charges you want to make. When it comes to using sportsbooks that might be operating out of a different country, this is huge.

Is it Safe?

Using an e-Wallet is not only safe, but it’s also a lot safer than some of the more traditional methods used to fund and bank with your favorite online gambling site or sportsbook. Because of the protection you get from the insulation, your personal information and payment details are much safer.

No, we don’t anticipate your information being compromised from one of the sites that we recommend, but it never hurts to take the additional precautions. No one ever plans on their house catching on fire, but they still buy smoke detectors and insurance.

Things You Need to Know

We wanted to make sure that we gave you any and all information about e-Wallets and e-Wallet betting sites that we could. Below, you’ll find a few things that we felt you needed to know that didn’t fit neatly into any of the above categories.

e-Wallets are not charity companies built to make your life easier. Yes, they were built to make your life easier, but they do exist to make a profit. This means that on certain types of transactions there will be fees. The good news is that the fees are usually very low and they only hit your money going one direction.

What we mean by that is that you may pay a small fee to fund your account, but you’re not also going to get a fee when you go to deposit onto an online sportsbook or make an online purchase. If they did that, they would win the award for greediest companies in the world, and thankfully they don’t own that trophy.

Just be aware of what the fees are and make sure you’re okay with them. A lot of the sites have simple workarounds that let you avoid a lot of the fees, especially with new accounts. For example, Skrill will let you make your first deposit up to $20k with no fees.

The e-Wallet concept is not one that is only good for online sportsbooks or gambling sites. You can use your e-Wallet at a ton of stores across the web, and you can even use it to pay your bills sometimes. This means that when you withdraw your money from the sportsbook, you can either transfer it back to your bank account, or you can start using it right away to make purchases.

You can also link your e-Wallet directly to your bank account and make purchases protected while still pulling the money directly from your account. The point we’re trying to make here is that e-Wallets are pretty awesome for just about anything you’re going to do money-wise on the web. Take advantage of these benefits and perks.

In Conclusion

e-Wallets make everything you do on the web easier, safer, and more reliable. This means that using e-Wallet betting sites is also going to be easier, safer, and more reliable. If you care about your privacy and still want to have the same great experience as everyone else who is sports betting or gambling on the web, take advantage of e-Wallet betting sites.

The sites we’ve recommended to you at the top of the page are the best in the business and a great place to get started betting today!

An eWallet is a type of deposit method that acts as a safe place to store money online and to initiate deposits. If you have any experience with PayPal, Neteller or Skrill, you should already be familiar with how e-wallets work. If not, just keep on reading. The purpose of this page is to explain everything you need to know about using eWallets at online betting sites.

Best eWallet Betting Sites

Almost every online betting site in the world accepts e-wallet deposits. In fact, most sites accept deposits from numerous e-wallet services. Despite a preponderance of e-wallet betting sites, it pays to be selective in where you play. As always, I urge my readers to stick with the big names in online gambling. Go with the sites recommended on this page and you’ll always get a fair game and fast payouts.

E Wallet Online Gambling Websites

How Betting eWallets Work

In some ways, e-wallets function in a manner similar to online bank accounts. Once you have signed up for an account at one of the many e-wallet services out there, you can transfer money to your digital wallet, make payments to merchants, send funds to betting sites and receive cashouts from betting sites.

The first thing you’ll need to do to get started is sign up for an account. Visit the eWallet website and somewhere you’ll see an option to register an account. They will ask for your name, address and other contact details. You’ll also be asked to pick a username and password.

Next, it’s time to fund your e-wallet. You can do so via a variety of methods such as linking your credit card or bank account to your e-wallet account. This will allow you to transfer funds any time. Once you have money in your e-wallet account, you can send that money on to any betting site.

The last step in making a deposit is to log in to your betting site and visit the cashier. Next, choose your e-wallet from the list of accept deposit methods. Choose an amount to deposit and then you’ll be redirected to a page where you log in to your e-wallet account. Type in your username and password, confirm the amount and you’re done. The money will be moved to your gambling account instantly.

There are all kinds of e-wallets out there, but that’s the basic rundown of what they do at the most basic level. eWallet accounts come in handy because they make it easy to transfer money between multiple betting sites and to receive payouts when you win money.

E Wallet Online Gambling Sites

Some e-wallets even allow you to apply for prepaid debit cards that give you instant access to your funds. You can use your card to shop in the real world and to pull cash out of ATMs. When you’re done gambling, you can have your e-wallet transfer your money back to your bank account.

Advantages and Disadvantages

One of the big draws to e-wallets is the ease in moving money back and forth across different betting sites. It is significantly faster to receive a payout from one site, get that money in your e-wallet account and then deposit to the next betting site than it is to wait for a check or wire transfer. It always takes a few days longer for a betting site to transfer the money all the way back to your bank account.

Perhaps even more important is the additional security provided by funneling all your deposits through an eWallet. When you fund your betting account with an eWallet, your financial details are never shared with the betting site. If you’re not too keen on sharing your credit card number with random gambling sites, an e-wallet account can be used as a buffer.

Another side benefit is the ability to do other shopping online. All the major eWallet services are accepted by thousands of online retailers. Sometime it’s nice to treat yourself with a little online shopping after a big win. With the speed of withdrawals, you can easily catch a jackpot, cash it out to your e-wallet account and then go buy a brand new 3D TV that same day.

E Wallet Online Gambling No Deposit

The biggest disadvantage is that it takes time to set up the e-wallet account and link a payment method to your account. It takes a few days to confirm your identity and make your first deposit. E-wallet deposits are fast once you have everything set up, but the initial setup does take longer than simply making a quick deposit directly to your betting account with a credit card.

A second potential disadvantage is the cost of using an e-wallet to deposit and withdraw. I say “potential” because many e-wallets charge nothing to upload funds with certain funding methods. They also process deposits to and withdrawals from betting sites for free. However, certain funding methods do sometimes incur fees that you wouldn’t normally see with other deposit options.

Best E-Wallets for Online Betting

There are many eWallets to choose from, but the following three companies are the most popular and are accepted at the greatest number of betting websites. If you’d like to try an e-wallet, I recommend giving one of these a try first.

Neteller Betting Sites: Neteller is just a strong, all-around e-wallet that has been in business since 1999. This company is accepted by almost every betting site on the planet and is available in hundreds of countries. Neteller offers multiple funding methods, including country-specific funding methods that are free to use. On top of all that, Neteller offers a Net+ MasterCard that you can attach to your account for real-world purchases and ATM withdrawals.

Skrill Betting Sites: Formerly known as “Moneybookers,” Skrill is another big name in online gambling. Skrill has been in business for about 15 years now and is accepted by hundreds of thousands of online vendors and gambling sites. This company is trusted, cheap and fast. You definitely won’t go wrong with a Skrill account.

PayPal Betting Sites: I’d be surprised if you haven’t heard the PayPal name by now. This is the most widely used e-wallet on the planet. PayPal is accepted by millions of online vendors and has a perfect reputation for safety. The only weakness here is that PayPal only works with a select few betting sites that operate in regulated jurisdictions. This deposit method doesn’t have the same widespread acceptance in the betting world as some of its competitors.