Superlenny has discovered a large variety of payment methods which are used by most UK players. Making straightforward financial transactions at online casinos is very important for gamblers. While sending and receiving money, the whole process should be as easy and practical as possible. Nobody likes to wait for weeks just to get his money, and every player wants to see instant withdrawals and deposits so they can start playing immediately. Superlenny will go through each and every payment method to give you a full and detailed idea of what you can look out for when signing up to a UK casino or betting sites and finding the payment and deposit method which suits you.
In the UK, we are used to using a variety of payment methods in our day to day lives. Online Bookies and casinos are trying to make it easier for players to use payment methods they are familiar with, however, this is not always possible. As of January 2020 it was announced that credit cards are no longer accepted for UK players from April. (This does not affect debit cards).
This ban came into effect on the 14th april 2020, those interested can read more about the credit card ban at online casinos here.
Debit cards like Visa or MasterCard
E-Wallets like Neteller, Starling and Monzo
Traditional like online bank transfers
Online voucher systems like Paysafecard
Virtual card payments like Entropay
Cryptocurrencies like Bitcoin
E commerce payments like Paypal and Skrill
Prepaid money cards like CashLib, Revolut and EcoPayz
Mobile phone banking like Zimpler
Payments without making an account with Sofort
Fintech banking options like Trustly
Make online payments through iDEAL
E-wallet payments tend to be the fastest often occurring instantly. For this reason, they are becoming more and more popular. One thing to note for UK players is that Credit Cards are no longer accepted by online casinos as of January 2020.
Method | Fees | Cashout Time | Deposit Time |
---|---|---|---|
Yes | Up to 24 Hours | Instant | |
No | Up to 12 hours | Instant | |
No | Up to 24 hours | Instant | |
No | 1-3 Banking Days | Instant | |
No | 1-3 Banking Days | Instant | |
No | 1-2 days | 1 hour |
When selecting a payment method to use for your casino account, there are a variety of factors to take into consideration. For instance, is your preferred option available? Is it easy to make deposits & withdrawals? In order to help you choose the best method here are some of the things SuperLenny considers:
Is it safe to use?
Do extra fees apply?
How long will payments take to clear?
What checks are in place to protect players from fraud?
Founded by several partners including Elon Musk, Paypal is a widely known payments provider. For bettors in the UK several big names accept Paypal payments for betting including:
Whether you are signing up to a new casino or claiming a bonus, you will most likely have to deposit money. Although each casino will display their ‘cashier’ or ‘banking section’ differently, they will all function the same way.
Following your confirmation of the amount, it should appear in your account straight away Once that happens you can start playing casino games for real money or betting on your favourite sports.
Once you have won, you may wish to withdraw your winnings. This is how it is done:
In the UK, betting on sports is a popular pastime and that’s no surprise given that the UK is home to several sports including football, rugby, cricket & more. When it comes to placing bets online these are the most frequently used payment methods:
In general, Paysafecard or bank transfers tend to be the safest options for UK players to use when making payments or withdrawals.
No, in the UK it is not possible to play real money casino games like blackjack or place bets on sports using your credit cards.
No. In the UK Bitcoin is legal to use, players wishing to use Bitcoin as a casino payment method can even find special Bitcoin casinos.
Many countries in the world have banned or restricted the use of Bitcoin, so SuperLenny would advise any cryptocurrency fans to check regulations in other regions before using Bitcoin to gamble online
It depends on preference, using E-wallets like skrill tend to be the method of choice for players who prefer not to share their card details online. E-wallets also tend to have the fastest payout times.
As a rule of thumb winnings are paid out in the same payment method deposits were made. E.g if you played using an e-Wallet and won, the winnings would be transferred to that. Players can always check what payment methods are linked to their accounts in the accounts details. Customer support can also offer assistance for any issues or queries.
The casino’s customer service team should always be the first port of call if a player has any issues. Good customer service is appreciated and valued by Lenny, which is why SuperLenny rates customer support in our reviews.
If players have more questions please check out our FAQ page.
No. UK players will find that the online casino itself will not charge them any money to process their withdrawal. Each online casino does have minimum & maximum withdrawal amounts so before you cashout check these out first.
A maximum withdrawal is the largest amount of money a player can withdraw at a casino.
Depending on the casino this can vary between £1,000 -100,000
A minimum withdrawal is the smallest amount of money a casino player can take from their account. Most casinos tend to have a minimum withdrawal amount of £10
Yes, most online casinos or bookies will allow players to link more than one payment option to their accounts like Skrill & a debit card.
However, if you make a deposit using one payment method, you will have to withdraw that money plus any winning using that same method.