Sky Bet Deposit Methods - Payment Methods for 2024

If you're new to Sky Bet, take advantage of their new customer sign up offer that doesn't require any deposit to be made. Sky Bet asks you to add card details and make a deposit during the account creation, which can be as low as £5. Since other online platforms do not ask for funds to be added, it's worth noting.

Should your bets come in, be sure to read our article on withdrawing funds from your Sky Bet account.

Sky Bet will now have your Debit Card details stored and your initial deposit, so you are all ready to start selecting markets on which to bet. You can use the Quick Deposit method using your saved card when you deposit subsequent funds.

Any other cards stored on Sky Bet in the future will be listed, so you can select the right card from the dropdown and make a speedy deposit.

Sky Bet only accept deposits made online via Debit Card. If you use their app on your mobile or tablet, you can also use Apple Pay or Google Pay to deposit funds.

Although there's the option to add multiple cards, always remember the closed-loop policy, which will require you to make your withdrawal via the same method you deposited funds, at least to the amount deposited.

For guidance or tackling any Sky Bet deposit issues, you can get information and support here. It also helps to make yourself aware of Sky Bet's terms and conditions.

Visa, MasterCard and Maestro Debit Card Deposits

The only deposit method accepted online. Instantly deposit a minimum of £5 into your account, with a maximum set by your bank.

Sky Bet accept Debit Card payments powered by Visa, MasterCard and Maestro, so there is some flexibility if you have Debit Cards across multiple accounts. However, this is the only flexibility provided when depositing funds into your account via the desktop site.

On the plus side, Sky Bet have a low minimum deposit amount of £5, and they state no maximum deposit limit.

Apple Pay and Google Pay

Only when using your Apple or Android products. A minimum deposit of £5 is available instantly.

Even if you're a Mac user with Apple Pay on your Macbook, you can only use Apple Pay from the Sky Bet app. Great if you're on the go, but limiting when online. This same rule applies to Google Pay.

As with Debit Cards, Sky Bet hasn't specified a maximum deposit. Instead, this is determined by your bank and card limits.

How to Deposit Funds

The Account icon highlighted above, and your available balance will appear on every screen. If you have not previously made a deposit, click the icon, and you will be shown the Add Debit Card quick link at the top of the menu.

You can then add a card and make a deposit.

If you have added a card previously you will be able to make a Quick Deposit. With the Quick Deposit method, you can choose from any of your stored Debit Cards, enter the amount and the card's security number and instantly top up your balance.

Always Bet Responsibly

As with the other online betting sites, Sky Bet encourage responsible and safer gambling and gives you the option to set deposit limits when you create your account. However, it's optional and can also be removed.

Setting Limits

The Safer Gambling options can also be accessed from your account menu at any time, from any page of the site, and settings can be changed in the sidebar without leaving your current page.

With the Deposit Limits feature, you can set a daily, weekly or monthly limit ranging from £5 to £5000. Any increase in your deposit limit will take 24 hours to take effect. Sky Bet allows bet stakes as low as 5p to help you manage your funds.

The Profit and Loss feature isn't a tool in the sense that you can set a limit. However, it will give you a clear picture of what you've spent on stakes and what you've received as a return. This stops you from losing sight of what you're spending and makes you think about how your bets are panning out for you.

When you click on the 'View all our tools' icon, you'll find the additional safety measures Sky Bet have in place for you. These include the Self Exclusion and Cool Off features, where you can prevent yourself from placing any new bets for one day to five years and the Reality Check feature, which will pop up and alert you when you've been on Sky Bet and their games for a certain amount of time, from every twenty minutes, up to two hours.

Unaccepted Payment Methods

Although Sky Bet hasn't imposed a deposit limit via the three accepted methods (Debit Card, Apple Pay, and Google Pay), those options are likely to impose their own limits.

Your options for depositing are limited, forcing you to stick to a lower minimum or make multiple small deposits to get the balance where you need it. This is only likely to impact those betting big or as part of a syndicate. Those that have the odd punt once a week aren't likely to be affected.

• Bank Transfer - Bank Transfers are, across the board, the slowest method for money transfer. However, they are the most secure because you have to set up the transaction from your account, never needing to input any card details. Often, but not in all cases, they allow for a higher deposit limit.
• E-wallets - Not just limited to PayPal, there is now a selection of e-wallets on the market offering instantaneous transfer of high values. PayPal, Neteller, Skrill, Much Better and Rapid Transfer are all e-wallets growing in popularity, and some online betting platforms like Paddy Power accept payments from them all. If you prefer to keep a balance to spend on betting in an e-wallet, where funds never have to be withdrawn to your bank account, this could be a hindrance.
• Paysafecard - Accepted by other online betting platforms like Bet365 and Paddy Power, the Paysafecard is topped up with vouchers to be spent online.
• Cash/Dedicated Card - Bet365 and Paddy Power have their own cash cards powered by Visa and MasterCard. Once activated, funds can be withdrawn from your online account to these cards and then they're used as a standard Debit Card for online purchases and ATM withdrawals. Sky Bet isn't alone in not providing such a card since Virgin Bet doesn't have one either.
• Credit Cards - In line with all other online gambling platforms and official regulations, Sky Bet does not accept Credit Cards as a payment method for depositing funds into your account.

Change Log

• 28th March 2024 - Updated deposits to show more detail for first deposits.