Payment methods
An objective look at the pros and cons of all the main payment methods accepted by bookmakers.
Revolut is a recent arrival to the banking and e-wallet payment options available to Internet users. Revolut boasts several unique features, including currency exchange, stock trading, peer-to-peer payments, ATM withdrawals, credit cards and cryptocurrency exchanges. However, only a handful of online bookies accept transactions from the Revolut e-wallet.
Best Revolut betting sites
Because Revolut is a relative newcomer to the e-wallet space, Revolut payments are only accepted at a small selection of bookmakers.
Amongst our top-rated bookies, William Hill is the only one to facilitate Revolut transactions. However, only withdrawals into Revolut accounts are possible at present.
Note that it is possible to apply for a Mastercard or VISA card from Revolut. A Revolut credit card will enable you to transact with any online betting provider, including leading bookies like BoyleSports, bet365 and 888sport.
What Is Revolut?
Revolut is, as its name implies, an attempt to revolutionize the online banking space. It draws together several evolving technologies and online banking features under a single umbrella, providing traditional banking services, currency exchange, stock trading and an e-wallet.
Using Revolut on sports betting sites
Revolut offers a selection of different financial products, and how you’re able to use it with online sports betting sites will depend on which product you are using.
Most online bookies do not accept Revolut e-wallets as a payment or withdrawal method. However, Revolut clients who have applied for Revolut VISA or Mastercard credit cards are able to use these to deposit and withdraw as they would with any other credit card.
For this reason, your best bet when it comes to using Revolut at your favourite bookie is to apply for a credit card from Revolut.
How to withdraw using Revolut
Where bookies permit the use of Revolut for withdrawals you will be required to select Revolut as your withdrawal option when withdrawing funds from your betting account. Revolut credit card holders have the additional option of choosing their credit card to make withdrawals at bookies offering a credit card withdrawal option.
Are there any Revolut fees I should know about?
What fees you pay for the use of your Revolut card depend on the type of Revolut account you have, as well as the type of transaction in which you are engaging. Typically, individual transactions are free below specific payment thresholds, with the exception of payments which require currency conversions. You will get a full breakdown of applicable fees when setting up your Revolut account.
Pros and cons of Revolut
From a punters perspective there aren’t many advantages to using Revolut to fund online transactions, as few reputable bookies allow for both deposits and withdrawals from a Revolut e-wallet.
As a general banking app, however, Revolut has several advantages including the integration of cryptocurrencies, accessible share trading tools, financial management tools, competitive Forex rates and more.
Which other betting sites accept Revolut?
Betting sites that accept direct Revolut payments are rare, and comprise smaller, new bookmakers who’re unlikely to be in business for long enough to merit being added to a list.
However, all bookmakers will accept credit card payments from VISA or Mastercard cards issued to Revolut account holders.
FAQs
Is Revolut safe to use with bookmakers?
Revolut is safe to use with the handful of bookmakers who accept direct payments from this e-wallet, and their credit card payments are as secure as any others made using VISA and Mastercard cards. However, financial analysts have noted that, unlike traditional banks, Revolut offers limited deposit protection of client deposits and is not covered by government-backed deposit insurance programs. This means there is some risk in maintaining large balances in your Revolut account.
Can you use Revolut whilst abroad?
Yes, as on online payment platform you can use Revolut while abroad. Revolut credit cards are also internationally accepted at any vendors that accept VISA or Mastercard payments.
Does Revolut charge fees?
Payments and withdrawals from a Revolut account will typically be free of charge. However, the fees applied to Revolut accounts depend on the subscription tier of the user as well as whether transactions involve foreign exchange.
Is Revolut safe to use for large amounts?
Revolut is not covered by government-backed deposit insurance programs, which could cause issues in a worst-case scenario where deposits are compromised for any reason. However, there is nothing inherently insecure about using Revolut to make large payments.
Does bet365 accept Revolut?
bet365 does not accept direct payments from Revolut e-wallets. However, Revolut credit cards will work at this bookmaker.
Does William Hill accept Revolut?
William Hill allows withdrawals to Revolut accounts, but not direct deposits. You can use Revolut credit cards to deposit into your William Hill account.
Does 888sport accept Revolut?
888sport does not accept direct deposits or withdrawals from the Revolut app or e-wallet. However, you can do both with a Revolut VISA or Mastercard.
Does BoyleSports accept Revolut?
No, BoyleSports does not accept Revolut app or e-wallet payments. If you have VISA or Mastercard from Revolut you will, however, be able to process credit card transactions as you would with credit cards from other banks.
