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Best PayID Betting Sites 2024: List of Sportsbooks that accept PayID

Last Updated on 29.03.2024
Fact checked by: Emily Carter

Finding a fast secure payment method might be what you’ve always dreamed of, and PayID betting sites provide exactly what you are looking for. Don’t know much about PayID? This short guide has all you need to know.

As PayID is used mostly in Australia, you might think choice is limited, but online betting with PayID is becoming more popular. For that reason, you’ll want to know how it works and measures up to the alternatives. And if you want to find the best PayID site, this is the first and only stop you need to make.

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⭐ The best betting sites that accept PayID as a payment method

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💡 Pros and Cons

Pros & Con
  • Make payments without sharing bank details
  • Fast secure transactions
  • No fees at PayID sportsbooks
  • Available almost exclusively in Australia

⚡ What are PayID betting sites?

If you want to start online betting with PayID, then you’ll want to know how it works. In a nutshell, PayID takes away all the hassle of entering your card or bank details at a bookmaker, and replaces the processt with simply entering an email or phone number in a similar way you might at Interac betting sites in Canada. PayID is not an eWallet but instead a conduit between your funds and the various PayID sites.

I mention this because despite being pretty much an Australia only method, there are still plenty of PayID betting sites around, as it is a fast and convenient means of making deposits and withdrawals. Not only that it’s easy to use and get started with, which is part of the reason it’s so popular. The other is that it is backed by NPP Australia meaning there is some heavyweight security behind it.

💎 How to use betting sites that accept PayID

You might think PayID looks simple on paper, but is it easy to use in practice? Well, the best way to explain it is through a little show and tell.  I’ll go through the process step by step.That means if you haven’t used this type of method before and your only experience is using PayPal or MuchBetter betting sites, then you won’t feel out of your depth at all.

  • Set up PayID at your bank: Your first step is to set up PayID, which you can do in just a few minutes if you already have access to online banking set up. You need to go in, and pick your PayID, whether that happens to be your email or phone and complete all the necessary verification with your bank. Remember, because this is not an eWallet like at ecoPayz betting sites, you are now good to go.
  • Find a sportsbook that accepts PayID: As I’ve already mentioned, in Australia you are spoilt for choice, outside of there, not so much. To make the search easier, there are a few recommended options for betting sites that use PayID in the banners on this page, and a wealth of reviews you can use to hone down the options.
  • Register with your choice of PayID bookmakers: Regardless of which one you choose, you’ll need to register, providing the necessary details such as name, DOB and address so the sportsbook can confirm you are in an area they are licensed for. Once this is done, head over to the cashier or banking page of your new account, and select PayID from the options you have in front of you.
  • Complete the process and start betting with online betting PayID: You’ll now need to follow the prompts both at the PayID bookmakers and your banking app, entering the relevant PayID to complete the transaction. You should find that once confirmed the funds will be available instantly.

It’s not just about making deposits, because by using PayID betting sites instead of Boku betting sites, you can also make withdrawals. The process is very similar to the one for deposits, simply in reverse. What is important, however, is that you complete your KYC verification first, as no withdrawals can be processed until you do, and this will just prolong any timelines you see in the terms of service. To complete this verification, simply provide your chosen betting site with a copy of your government issued photo ID and a household or phone bill to verify your registered address.

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📌 What are the benefits of betting sites that use PayID?

So, I’ve shown you how PayID is fast and convenient to use, but that’s just the tip of the iceberg. There are plenty of other reasons why PayID is so popular, and I’ll cover those in a moment. Before I do that there’s another matter that needs clearing up.

How does PayID measure up to the rest?

You’re going to have questions about the basics of the various options you’ve got beside PayID, so here’s the tale of the tape so you can see at a glance how they measure up to each other:

MethodDeposits availableWithdrawals availableFees for deposits and withdrawals at bookmakersSpeed of depositsNeed to open an extra account?
⭐ PayIDYesYesNoneInstantNo
⭐ Debit cardsYesYesNoneInstantNo
⭐ Credit cardsYesYesNoneInstantNo
⭐ InteracYesYesNoneInstantYes
⭐ EcoPayzYesYesNoneInstantYes
⭐ MuchBetterYesYesNoneInstantYes
⭐ BokuYesNoNoneInstantNo

With that taken care of, I can take you through a more detailed look of what the benefits are of using PayID at sports betting sites. There are plenty to cover, which is why it is among my favorite payment methods.

✔️ You are not sharing your account details with the bank

Top of the list is this security highlight. Because PayID works using just your email or phone number, it  means that if the worst should happen at the bookmakers, your card or bank details will not be at risk.

✔️ You don’t have to keep entering card or bank details

Because PayID uses your email or phone number for transactions, you don’t have to keep entering a string of numbers, and sidestep the frustrations that will come with the inevitable typos.

✔️ Transactions are secure

As well as SSL encryption and all the measures your bank has in place, PayID is backed by NPP Australia so you have peace of mind that what you are doing is a s secure as it can be. All Deposits are typically confirmed using 2FA (two factor authentication) which  is vital for those who are worried about fraudulent transactions.

✔️ No additional fees to pay at PayID sportsbooks

Whether you are depositing or withdrawing, I am yet to see a bookmaker that will charge you for using PayID – however, I would check with PayID to see if they will charge you for using the service.

✔️ PayID deposits are instant

While withdrawals are subject to a number of factors, PayID deposits are credited to your account immediately. This is useful if you need to fund your betting account to take advantage of a value bet, or to secure the best odds during in-play betting.

🎯 PayID bookmakers: other factors to consider

  • PayID is only available in Australia – This method is an Australian initiative to make online transactions more convenient, and only works in Australia and in AUD. So, if you are abroad, even if you have an Australian bank account, you won’t be able to use it at bookmakers in other countries.
  • You might see gambling activity on your statements – because PayID acts as a conduit, the payee details will be visible on your statements, so it does not have the same level of anonymity as an eWallet. This will not be ideal for you if you like to keep your betting activity private.

👍 Conclusion – getting to grips with PayID sportsbooks is easier than ever

When It comes to making deposits and withdrawals at sportsbooks, you’ve probably never had as much choice. This is great from a flexibility point of view, but you also have the quandary about which one to go for. After reading this guide, you have no worries about how PayID works, or security issues, as you’ll know it’s fast, secure and convenient. Picking the best PayID betting site just got easier too – as you know what to expect, and the banners around this page can take you straight to the best sportsbooks with just a click or two. All that remains is for you to get started.

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❓ PayID sportsbooks FAQs

⚡ Why is PayID so quick to use at sportsbooks?

PayID has a reputation as a fast, secure and convenient payment method, and for good reason. There is no need to deposit funds first like you would with an ewallet. And as you pay using your email or phone number, you don’t have to enter account or card details either.

😕 What are the fees for using PayID bookmakers?

PayID is a fast and convenient way to make sportsbook deposits and withdrawals, and in addition PayID sports betting incurs no extra fees at the bookmakers. This makes it a popular choice among a host of other sports betting payment methods.

🤔 Are there plenty of betting sites that accept PayID?

The popularity of PayID means there is no shortage of sites where you can make deposits and withdrawals this way. However, you need to be aware they are all currently in Australia, so if you are elsewhere, you will need to find an alternative. 

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