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Freshbet Payment Methods Guide April 2024

Last update: 26 Apr 24
 Freshbet offers several payment options to add and withdraw your funds. The bookmaker enhances user convenience by providing several Freshbet payment methods, including cards such as Visa and MasterCard, cryptocurrencies like Bitcoin, Litecoin and Ethereum and Pre-paid cards like Neosurf AU. Furthermore, Freshbet is crypto-friendly and is dominated by cryptocurrencies as its top payment option, although you can still use FIAT currencies. All information on Freshbet payments is accessible after you log into your account.

Freshbet Deposit Options and Limits

Freshbet bookmaker deposits are efficient and do not attract any transaction fee. You can top up your account using credit and debit cards, pre-paid cards, cryptocurrencies and bank transfers. All payments to the Sportsbook are processed instantly, although, on rare occasions, the customer service team may need to process deposits manually before approval. Cryptocurrency payment methods take a few minutes to allow transactions to register on the blockchain.

Apart from the numerous cryptocurrencies, you can add money using fiat currency. You can choose the:

  • US Dollar - USD
  • Euro - EUR
  • Great British Pound - GBP
  • Australian Dollar - AUD
  • Canadian Dollar - CAD
  • Brazilian Real - BRL

You may incur currency conversion charges if your country uses no Freshbet-accepted currencies.

To add money to your Freshbet account, click the orange deposit button at the top of the website. The minimum deposit amount at this bookmaker is 20 EUR or its equivalent in Australian Dollars. In contrast, the maximum funding amount depends on your chosen payment option.

It is crucial to note that you must wager your initial fund at least once before you can cash out. This helps in curbing fraudulent activities. Freshbet directs that your financial information should match your account names, failure to which you risk losing all your account winnings and the funds refunded to the payment owner.

Visa

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
10.00€
50.00€
Transaction fee
No fee
0.00€
Visit Site

MasterCard

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
10.00€
50.00€
Transaction fee
No fee
0.00€
Visit Site

Bank Transfer

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
24.00 Hours
-
Min. limit
50.00€
200.00€
Transaction fee
No fee
No fee
Visit Site

Bitcoin

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
10.00€
50.00€
Transaction fee
No fee
0.00€
Visit Site

Neosurf

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
-
Min. limit
10.00€
0.00
Transaction fee
No fee
No fee
Visit Site

Ethereum

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
10.00€
50.00€
Transaction fee
No fee
0.00€
Visit Site

Ripple

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
10.00€
50.00€
Transaction fee
No fee
0.00€
Visit Site

Litecoin

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
10.00€
50.00€
Transaction fee
No fee
0.00€
Visit Site

Tether

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
10.00€
50.00€
Transaction fee
No fee
0.00€
Visit Site

What Debit Cards Can I Use at Freshbet?

All online gambling sites allow debit cards for payments, and Freshbet is no exception. You can add funds to your sports betting account using Visa and MasterCard credit and debit cards, although they are unavailable for withdrawals.

Debit and credit card transactions at Freshbet are instant and do not have transaction charges.

Payments with a card have a minimum deposit of 10 EUR and maximum deposits of 2000 EUR or the equivalent in AUD.

If you reside in the UK, it is crucial to note that the UK Gambling Commission prohibits Sportsbook and casino payments using credit cards.

Is PayPal Accepted?

Unfortunately, PayPal is not available on the Freshbet Sportsbook payment methods list even though it is a popular E-wallet used widely by most online gambling sites. Depending on your jurisdiction, you can access other E-wallets. For instance, Australian bettors can withdraw using SEPA, an efficient E-wallet. All the payment information you need is available on the website; you only need to choose the most efficient method.

How To Fund Your Account

Everything You Need To Know In 5 Easy Steps!

Go To Your Sports Betting Site

Log in to your sports betting account

Visit the Cashier Page

Locate and enter the cashier/payments page

Select A Payment Method

Choose your preferred deposit method and input required details *With most sportsbooks you need to set a payment method in the registration process, this is then used for both deposits and withdrawals

Enter The Deposit Amount

Enter the total amount of funds that you wish to deposit into your sports betting account and click on the deposit button.

Confirm Deposit

Visually confirm that the funds have been added to your account balance, and then you are free to wager them. Good Luck. *The time it takes the funds to be credited to your account differs between payment methods. But the best methods will instantly credit your account

Can I Add Funds With Cryptocurrencies?

Yes, the Freshbet betting site is crypto-friendly, and you can add funds with numerous cryptocurrencies. The crypto payments available include Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Monero, Dash and USD Tether. The transactions are instant, and they have zero fee requirements.

Most crypto options at Freshbet have no specified minimum or maximum limits, but you can contact the customer support team to inquire before making a transaction. Bitcoin and USD Tether have a minimum withdrawal limit of 10 USD and a maximum cash-out limit of 7500 USD or the equivalent in AUD.

Freshbet Withdrawal Options and Transaction Times

After exploring Freshbet sports events, placing your bets, and winning, you can withdraw your funds using E-wallets and cryptocurrencies. In Australia, debit and credit cards are not available for withdrawals, but you can use Sepa, Bitcoin, Dash, Ethereum, Bitcoin Cash, Monero, Ripple, Litecoin and USD Tether.

Freshbet withdrawal time depends on the method used, which may take hours or days. Cryptocurrencies and SEPA take up to 24 hours, while other options may take less than three business days. To ensure timely withdrawals, ensure you provide accurate personal details to hasten the verification process.

The least withdrawal amount is 20 USD, and the maximum cash out per transaction depends on the payment option used. The withdrawal limits at Freshbet are $7,500 per week and $15,000 per month or the equivalent in AUD. For high-roller and VIP bettors, the cash-out limits are flexible. If you win over $15,000, the Sportsbook will pay you in instalments of up to $15,000 monthly until you receive all your winnings.

The Sportsbook only allows withdrawals using the same payment method to add money to your account. But, if your funding option is unavailable under the withdrawal options, contact customer care through live chat or email and request a new cash-out method. All of the above also applies to the Freshbet Casino.

Accepted currencies
  • GBP
    GBP
  • EUR
    EUR
  • USD
    USD
  • RUB
    RUB
  • AUD
    AUD
  • CAD
    CAD

Freshbet Payment Methods FAQ

Can I Change the Currency in My Sports Betting Account?

Yes, once you click the orange deposit button at the top of the webpage, you can choose any crypto-currency you want. The only requirement is to use the same cryptocurrency to fund your account and withdrawals, but you can change cryptos occasionally. Explore all Freshbet markets, including virtual sports and rest assured that you will withdraw your winnings successfully.

How Do I Withdraw Winnings From My Freshbet Account?

After you bet on different sports, such as virtual sports, football, tennis and netball, and your winnings have surpassed the minimum withdrawal limit, you can quickly cash out through the simple steps below.

  1. Enter your account details and log in to your Freshbet account.
  2. Click on your username to display your account's menu.
  3. On the drop-down menu on the left side, scroll to the Withdraw Money option.
  4. Choose your preferred withdrawal method, but ensure it is the same as your funding option.
  5. Indicate how much to withdraw and fill in any other required details.
  6. Click on the orange Withdraw icon and wait for your payment to process.

Contact a customer care agent if your funding method is unavailable for cash out, who will advise you on the most appropriate method per your location.

What Is the Minimum Withdrawal Amount?

The general Freshbet minimum withdrawal amount is 20 USD. Some Freshbet Sportsbook payment methods have a lower or higher limit. SEPA has a minimum withdrawal limit of 100 EUR, while USD Tether and Bitcoin have a minimum of 10 USD or the equivalents in AUD.

Can I Use Different Options for Deposits and Withdrawals?

According to the Freshbet terms and conditions, all withdrawals are paid back to the same deposit option used to fund your account. But if the funding option is not on the cash-out list, do not worry. It is still possible to withdraw your winnings from all your sports betting options. You only need to arrange a new payment option with the customer support team.

How Long Does a Withdrawal Take?

After fulfilling all the wagering requirements of your Freshbet offers and requesting a cash-out. However, withdrawal times differ depending on your payment method. You will receive funds in 24 hours if you use cryptocurrencies or SEPA. If your country has the card payments and the bank transfer option, you will receive payments in less than three business days.

Is the Deposit and Withdrawal Limit Changeable?

No, you cannot alter the minimum and maximum payment limits. However, the limits may vary depending on the transaction option you choose. The payment section has all the information you need before funding your account or cashing out.

Are There Any Deposit or Withdrawal Fees?

No, Freshbet charges 0% fees on all transactions. However, you are fully responsible for any currency conversion charges or taxes and fees on your winnings, depending on the gambling regulations of your state of residence.

Why Can’t I Deposit Funds into My Freshbet Account?

If you have issues adding funds to your account, you may have violated some Freshbet terms and conditions. To add funds successfully and enjoy the Freshbet offers, ensure that your payment details match your account name and registration details. Besides, ensure you do not have multiple accounts and choose a payment option available in your area of residence. If you still have issues funding your account, contact customer support.

Do Payment Method Exclusions Apply for The Freshbet Welcome Bonus?

Under the Freshbet bonus terms and conditions, there is no information on payment method exclusions. You can claim the sports welcome or casino bonuses with any deposit method. And you only need to add a minimum of 20 $/€/£ or the equivalent AUD to your account.

Is Freshbet a Crypto-Only Betting Site?

No, there are several other FIAT currencies and payment options that you can use to make transactions. Some traditional payment options include Visa, MasterCard, Neosurf and SEPA. Other currencies available for Freshbet sportsbook deposits include USD, AUD, EUR, GBP, CAD and BRL.

Are the Same Payment Methods Available Across the Platform?

Yes, Freshbet payment methods are similar across the platforms - Freshbet Casino and Sportsbook, whether using a desktop or mobile phone. However, the deposit methods and withdrawal options vary depending on your country of residence.

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