Betfair Payment Methods

You want to embrace non-stop action, and big money wins at Betfair – but you are tired of reading through the terms and conditions.

Here we dig out all of the important information about Betfair payment methods – discover the best deposit and withdrawal methods, quick withdrawals, max payout terms and more.

Find out everything you need to know using our 2024 guide on deposit and withdrawal options at Betfair.

How Do I Deposit at Betfair?

Depositing at Betfair is straightforward; follow these steps:

  1. Log in to your Betfair account.
  2. Click on the deposit option in the top right of your screen
  3. Select your preferred banking method from among e-wallets, debit cards, and other options.
  4. Enter the amount to be deposited.
  5. The funds will be immediately placed into your real money balance.

You must provide proof of your name, address, and date of birth for the Know Your Customer (KYC) details, which are legally required by casinos, before you can deposit or withdraw.

If you’re using a debit card, you’ll need your CVV/CCV number as well as 3D Secure verification.

To make payments easier in the future, you can save your deposit methods.

What is the Minimum I Can Deposit at Betfair?

The minimum deposit you can make at Betfair is £10 – all of their payment allow you to make deposits this low.

What is the Max Deposit for Betfair Per Day?

Betfair hasn’t set a maximum deposit amount, you can deposit as much as you wish each day without any limits.

Betfair Withdrawal Time

Withdrawals at Betfair using PayPal take just 24-hours, whilst other options take 1-3 working days. If you want your money sooner then opt for PayPal as your withdrawal option.

Please note, you must withdraw using the same method that you used to deposit your initial cash. For example, if you deposit £10 via debit card and win on a casino game, the winnings will need to be paid to the same debit card.

Betfair Fast Withdrawal

Quick withdrawal in 24 Hours
Betfair Fast Withdrawal

Must be 18 to withdrawal real cash funds. Instant bank transfers are now available for deposits and withdrawals at Betfair. Players can also capitalise on Visa FastFunds with a chance to enjoy withdrawal times that take minutes.
Full T&C's Apply

Find other options that offer fast withdrawals, you’ll be able to cash out your winnings in ‘no time’ – read up on the fastest payout casinos.

How do I Withdraw from Betfair?

The steps to withdraw funds from the website are as follows:

  1. Log in to your Betfair account.
  2. Proceed to the my accounts area.
  3. Select withdraw funds
  4. Select the amount to withdraw and the method you prefer.
  5. Choose the withdrawal method you wish to use

What is the Minimum Withdrawal at Bet Victor?

The minimum withdrawal amount at Betfair is £10.

It’s convenient to have a variety of withdrawal methods and a low withdrawal amount because it allows you to withdraw your money whenever you want.

What is the Max Withdrawal at Betfair?

The maximum withdrawal amount is £500k per day – this is a huge withdrawal amount and it gives you lots of room for picking up momentous wins at the casino.

Why Can’t I Withdraw My Funds from Betfair?

Here are some of the reasons why your Betfair withdrawal is not working:

  • You cannot withdraw winnings to your debit payment if you did not deposit with a debit card.
  • If your account has been restricted, you can contact their customer service.
  • If your account has not yet been validated, your withdrawal may not be processed.

Debit Cards Accepted By Betfair

Betfair accepts debit card payments from all major banks, including:

  • Lloyds debit card is accepted by Betfair.
  • Betfair accepts Santander debit cards and HSBC debit cards.
  • Natwest debit cards are accepted by Betfair.
  • Barclays debit card is accepted by Betfair.
  • Halifax debit cards are accepted by Betfair.

What is the Max Payout Limit at Betfair?

The maximum payout limit at Betfair is £1 million – this huge amount allows for momentous wins at the casino.

Max payouts are a standard procedure in all casinos and sportsbooks; it limits the win amount, capping all winnings on single bets.

This is a big maximum win, giving you big daily win caps – find other casinos offering big maximum payout amounts.

Betfair Maximum Payout

Max Payout £1 Million
Betfair Maximum Payout

18+ Casino Customers Only. You will need to verify your account for withdrawal sums this high. This is the daily payout limit that cannot be exceeded.

Full T&C's Apply

Does Betfair Accept Credit Card Payments?

Betfair does not accept credit card payments – the UK government banned using credit cards on gambling sites. You cannot use credit cards to gamble at casinos either online or offline in the UK.

Does Betfair Accept PayPal?

You can deposit or withdraw at Betfair using PayPal, a convenient and free option.

PayPal is one of the most popular payment methods in the casino industry worldwide.

This e-wallet requires a minimum deposit of £10 and a minimum withdrawal of £10.

See if Betfair makes our latest list of trusted Paypal bingo sites, trusted Paypal slot sites and trusted Paypal casino sites.

Does Betfair Accept Skrill?

Skrill is a secure payment method accepted by Betfair; you can deposit and withdraw using this e-wallet.

Skrill is a legitimate virtual wallet many online players use to make instant deposits and quick withdrawals with their Moneybookers account.

Top-rated Skrill casino sites simplify payments; you can enjoy secure payments, low deposits and fast withdrawals.

Does Betfair Accept Revolut?

Betfair accepts Revolut as a banking method; you can use your Revolut account to pay and withdraw.

Does Betfair Accept Monzo?

Monzo is not an accepted payment method at Betfair Casino; you must use other available methods to deposit or withdraw.

Does Betfair Accept Bitcoin?

Betfair does not accept cryptocurrency as a deposit method; you must use one of the other options. You cannot make a payment with Bitcoin, Ethereum, or any other cryptocurrency.

Does Betfair Accept Apple Pay?

Make a deposit with Apple Pay at Betfair and enjoy this secure payment method without disclosing your bank information. Using this app payment, you can deposit or withdraw money quickly and securely.

Casinos accept ApplePay as a deposit and withdrawal method, making payments simpler in 2024.

Does Betfair Accept PaySafeCard?

PaySafeCard is accepted by Betfair and can be used to withdraw or deposit funds.

It is a legitimate type of payment that is commonly accepted by leading online bookmakers and casinos; use this simple banking option to make your payment or withdrawal.

Check out the PaySafe top casinos with our full list and guide of sites that accept this payment form.

Can I Use Boku at Betfair?

Boku is not a payment option at Betfair, but there are plenty of other options. They do not currently accept phone bill deposit methods of payment.

Does Betfair Accept Neteller?

Pay on Betfair with Neteller, a safe and secure e-wallet that allows you to deposit and withdraw funds easily.

Neteller is a sister site to the well-known Skrill payment method discussed above and is ideal for instant deposits and quick withdrawals.

Find out if Betfair made it into the top online casinos with Neteller.

Does Betfair Accept Trustly?

Betfair does not accept Trustly as a payment method; instead, you must select one of the many accepted payment and banking methods.

Does Betfair Accept Payforit?

PayForIt cannot be used to deposit or withdraw at Betfair. You must use one of the other options; Betfair offers a variety of banks and e-wallets.

Does Betfair accept Mpesa?

Betfair does not accept Mpesa as a valid payment method, but they do accept a variety of e-wallets, pre-paid cards, and banking methods.

Does Betfair accept Naira?

Betfair does not accept Naira as a payment method. Betfair accepts GBP, CAD, AUD, and Euros as payment methods.

Why Can’t I Deposit on Betfair?

If your deposit is being denied, it could be due to one of the following reasons:

Your deposit has been denied by your card issuer/bank.
Expired card on system The card’s expiry/validation date has passed.
The verification of your KYC is required for your casino account.

All problems with deposits should be reported to their official customer service.

How does Betfair Show on the Bank Statement?

When depositing to Betfair, the descriptor on your bank statement will show as Betfair. Making it easy for you to track your cash and all of your payments.

What is a Source of Funds at Betfair?

Although rare and usually only requested in exceptional cases, Betfair and other casinos are within their rights to ask for source of funds. This is to prove where you’re getting your cash, it’s an action against money laundering. Check their terms and also ensure that your account has been verified.

What Debit Cards are Accepted?

The Betfair Casinos accepts these debit card types:

  • Visa
  • Maestro
  • Mastercard
  • Electron


Betfair is a top casino that uses all of the most popular payment methods – you can deposit using PayPal, Visa and PaySafeCard. Pick from the pre-paid card, e-wallets and debit cards, you have plenty of choice and their terms for max payouts are super-generous.

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A freelance writer who loves to research all areas of online casinos. As a Journalism Graduate, I enjoy copywriting and reviewing all the latest slot machine games released. With many iGaming articles published in Birmingham Mail, Manchester Evening News & Daily Mail. Currently working remote and enjoying the freedom.