Depositing at betting sites is an issue that varies depending on your location in the world, despite it's grey legal status.
Online PR News – 12-February-2010 – – Depositing at betting sites can be complicated depending on what part of the world you live in, as betting sites do battle with governments around the world, BettingSites.org is producing an online guide to betting websites organized by country, type of betting, and accepted betting site payment methods.
In countries like the United States, online betting is officially in an illegal status - but players continue to deposit at offshore betting sites with relative ease. While this release doesn't address the obvious need for taxing and regulating this industry - it still looms as a rather obvious point in hard economic times. Other countries like the UK have betting site shops on every corner, and the biggest companies are publicly traded companies that report to the finacial services authorities.
The difference in the types of online betting websites players have access to depending on country is profound, but often complicated.
In essence, punters as they are called in many parts of the world signup at a betting website, and fund a real money account with one of a few different types of funding options:
1. Credit And Debit Cards - in most cases a credit card betting deposit will be processed just fine and approved, recently MasterCard has been trying to block gambling deposits. If players are having a hard time, one of the methods below will work.
2. Ewallets At Betting Sites - Various ewallets are open to players worldwide, but only a couple are available to US residents. Moneybookers and Clickandbuy Betting Sites are most popular world wide, while US players only have access to EwalletXpress betting sites.
3. Cash Transfer Services - players can use services similar to Moneygram and Western Union depending on where they live. Refer to your favorite betting site for details.
4. Prepaid Vouchers - ukash betting sites and Paysafecard are widely supported at online betting sites world wide, but not available to US citizens.