Sportsbet.io Payment and Withdrawal Methods December 2024

Sportsbet.io Deposit Options and Limits

Sportsbet.io has 2 main deposit options; using the crypto-wallet or QR codes. Depositing using the crypto-wallet code requires you to copy it from your wallet and paste it into your Sportsbet.io account. You can also deposit by scanning Sportsbet.io’s QR code using your crypto-wallets app. The transaction must undergo at least 3 blockchain confirmations to authorise the deposit into your Sportsbet.io account. It might take several hours due to third-party transaction processes and currency exchanges.

The minimum deposit into the Sportsbet.io account is 0.0005 BTC (mBTC 0.5). USDT and EUR take at least 10 digital currencies, while TRX and SOC require 100 units. Others are:

• ETH (0.005)
• LTC (0.1)
• CYN (70)
• ADA 15 XRP
• BRL (50)

Minimum deposits made through MoonPay are €20, while those done through MuchBetter are INR 100.

Sportsbet divides its maximum withdrawals based on different sports or clusters. Soccer has the highest payment rate, with €2,000,000 worth in the digital currency of your choice. American football comes in 2nd with €500,000, while any other sport has a maximum Sportsbet.io pay-out of €100,000.

Which Credit and Debit Cards are Accepted?

Sportsbet.io does not directly accept debit or credit cards as a payment option since it only accepts digital currencies. You can buy crypto from debit/credit cards, although the cards take cryptocurrency conversions as a cash advance.

However, Sportsbetio.UK accepts payments from MasterCard and VISA as its primary payment option. It operates with the credit/debit card’s transaction limits. 

Is PayPal Accepted?

Sportsbet.io does not directly support PayPal as a payment method. It is exclusively a digital currency bookie, which operates using crypto-wallets on both ends. However, you can convert funds stored in your PayPal wallet to the digital currency of your choice and use it to bet on the sportsbook.

Sportsbet.io Withdrawal Options and Transaction Times

You can withdraw funds from Sportsbet.io in 2 ways, cryptocurrency or FIAT currency. You need a dedicated link between the bookie’s wallet and your wallet to withdraw cryptocurrency. The transaction timelines depend on the number of blockchain confirmations, with a minimum of 3.

• FIAT currency withdrawals take up to 3 working days to reflect on your account. The transaction must undergo verifications before the amount moves from digital to traditional currency in euros. The minimum you can withdraw using this system is €20.
• Any transactions above 1 BTC or €2000 require a background check before issuance. It is an essential regulatory requirement in most countries to curb money laundering. The process adds more time to the withdrawal processing time given above.
• If you used MoonPay to process your deposit, Sportsbet.io allows withdrawal from the account after 48 hours. It is part of its measures against insecurities and money laundering. It also attracts a 5X wager to cater for transaction costs.

Sportsbet.io Payment Methods FAQ