Betting on golf is gaining popularity in the UK and beyond; even though this niche sport is not as common as football or basketball, it has millions of fans. Many gambling sites attract newcomers by offering this discipline for punters, providing access to the loudest tournaments and top odds. Selecting a suitable payment system is the key for sportsbook members, as placing bets is only possible after depositing.
Multiple banking options are available to modern punters: digital wallets, credit and debit cards, prepaid vouchers, and many more. On the other hand, some deposit and withdrawal options are completely prohibited in online betting. For instance, PayPal Credit gambling is in demand among users. Unfortunately, this payment option was banned by the UKGC – luckily, the industry offers many more alternatives to risk hunters.
Reasons for Blocking PayPal Credit on UK Golf Betting Sites
It’s not a secret that gambling is risky and can sometimes lead to compulsive behaviours. UKGC is one of the main authorities coping with the problem. Therefore, it regularly implements new regulations to provide a healthier environment for every participant. Playing at the bookmakers using PayPal Credit was a widespread solution for depositing in casinos and sportsbooks, but it was accepted as an unsafe method for players. There was a hole in the PayPal Credit confirmation system, so punters could use the credit money for 72 hours without any additional checks. Such an option boosts chances for uncontrolled gambling and addiction development. Betting in debt is not the best idea for those who would like to get the best experience, so this method doesn’t allow payments on bookies’ sites anymore. Punters now have many other payment options, so look at what to choose when placing your predictions on golf events.
PayPal
While PayPal Credit is unavailable for UK punters anymore, they can still use their money stored in this digital wallet. The payment provider is one of the safest and most reliable deposit and withdrawal options in the country and beyond. Enhanced security is its primary advantage: multiple data protection measures are implemented. Users can be confident that they place bets on golf in a safe environment. Moreover, PayPal collaborates with approved platforms only.
The availability of low deposits is another advantage of this digital wallet. This concept is now popular on online betting sites, as many punters prefer to minimize risks and invest smaller sums. PayPal allows users to proceed with minimum replenishments when making predictions during golf events but get many promotions and other benefits in exchange.
Neteller and Skrill
E-wallets have conquered the gambling and betting industries, and it’s not surprising considering the number of advantages they offer. PayPal is not the only option available on golf betting sites: Neteller and Skrill are amazing alternatives. Both options go hand in hand in terms of popularity, providing users with increased security levels and high transaction speed.
Skrill is often a more preferred option for punters, as it implies lower transaction fees than Neteller. Both digital wallets offer instant deposits and quick withdrawals, beneficial for sportsbook members.
Debit Cards
Over 4 billion people globally own bank cards, so it’s evident that this payment solution is widespread on betting sites. Visa and Mastercard have for years remained market leaders, so users can find them in any online sportsbook. Debit cards are a reliable payment option with a high level of security and global accessibility. Replenishing the account is simple and fast: users should only make a few clicks to start betting on golf for real money. Before, bank cards couldn’t boast high withdrawal speed and punters had to wait for days to receive their payouts. However, implementing new technologies accelerated the process; currently, risk fans can withdraw their winnings within 24 hours, which is incredibly fast as for the bank transfer method.
Cryptocurrencies
Blockchain is the top solution for those who would like to bet securely and anonymously. This payment system is controversial, but it is still in demand among punters. Bitcoin, Ethereum, and their alternatives are trendy, so more and more bookmakers accept this option. Are you among those desiring to keep your privacy and proceed with instant money transfers? Cryptocurrencies are the best choice in this case. Moreover, online sportsbooks often provide special bonuses for users depositing with this payment method. Bitcoin is prohibited on multiple websites, but you can still find golf betting destinations allowing crypto transactions.
Final Insight
The number of payment systems is constantly expanding, as well as the betting industry. While PayPal Credit is not available for punters anymore, when choosing a bookie for golf betting, they can take advantage of many secure and reputable payment providers to proceed with deposits and withdrawals. Bank cards, cryptocurrencies, e-wallets – everyone will find something suitable on this list. All these guarantee a protected environment and offer additional perks to make your golf betting experience even more positive.
