PayID Betting Sites
- Top PayID Sportsbooks Ranked by Trustpilot Rating
- Comparison of Top PayID Sports Betting Sites
- Top 3 Betting Sites for PayID
- How PayID Functions?
- Opening an Account
- Depositing to your Sportsbook Balance
- Withdrawing from your Sportsbook Balance
- Cost and Fees
- Security and Privacy
- Advantages of PayID
- Disadvantages of PayID
- Conclusion
| Updated: Below, you can find our expert reviews of reputable and regulated sports betting sites that accept deposits through PayID. Each betting site was thoroughly tested and verified by our team.
Australians are famously enthusiastic about sports betting. This interest has become even more prominent in the age of the internet and the rise of modern online bookmakers. Many factors can affect the quality of bettors’ wagering experience, and access to a convenient way to manage their bankroll online is one such factor.
Luckily, Australian punters have several options to choose from, including PayID. This service is one of the easiest payment methods to use. It also offers excellent dual functionality, allowing users to fund their accounts and process withdrawals through the same method.
PayID is part of the New Payments Platform, Australia’s national payments infrastructure, with more than 100 banks and credit unions using it for transactions. When it comes to bookmaker availability, sports betting websites have started adopting the method due to the convenience it provides to Australian gambling enthusiasts.
Top PayID Sportsbooks Ranked by Trustpilot Rating
Comparison of Top PayID Sports Betting Sites
| Sportsbook | Sports on Offer | Min Deposit | Min Withdrawal | Min Bet | Bonuses | Bonus Wagering Requirements | In-Play Betting | Licenses |
|---|---|---|---|---|---|---|---|---|
| Betr | Football, Basketball, Baseball, Hockey, Golf, and 20 other sports | $5-10 | $10 | $0.50 | Log In to View (customers must log in to their accounts to view a list of betting promotions and offers) | N/A | Yes |
|
| PalmerBet | Football, Australian Rules, Cycling, Tennis, and 20 more sports | Debit cards, Apple Pay, Google Pay: $10; BPay: $25 | $10 | $1; $20 for telephone bets on horse and greyhound racing |
|
| Yes |
|
| Neds | Australian Rules, Horse Racing, American Football, Baseball, and 20+ other sports | $10 | No minimum withdrawal requirements | $0.50 online; $20.00 by phone | Due to regulatory requirements, promotions are only viewable by sportsbook members; They need to log in to see offers | N/A | Yes | Australia’s Northern Territory Racing and Wagering Commission |
| Pointsbet | Aussie Rules, Rugby, Soccer, Cricket, and 23 other sports | $5 | $10 | $1 online; $20 for telephone bets | Log in to see the latest promotions | N/A | Yes |
|
Top 3 Betting Sites for PayID
Betr
Licenses- Australia’s Northern Territory Racing Commission
- Indiana Gaming Commission
- Maryland Lottery and Gaming Control Commission
- Ohio Casino Control Commission
- Virginia Lottery
Min Deposit$5-10Min Withdrawal$10Withdrawal TimeBank transfer: up to 1-2 business days; PayPal: up to 1 business dayDeposit Methods
SponsorshipsMelbourne Storm (NRL); Dolphins (NRL); Gold Coast Titans (NRL)Contact Details- Live Chat: Yes
- Email: contact@betr.com.au
- Phone: 1800 002 387 (Customer Service); 1800 797 066 (Racing); 1800 797 558 (Sports)
Betr is a popular sportsbook that gives punters in the US and Australia the opportunity to wager on football, hockey, horse racing, and many other sports. In Australia, Betr operates under Bluebet Pty Ltd, an entity licensed by the Northern Territory Racing Commission. Punters can register an account either online or by contacting customer support, with confidence that the sportsbook operates under a valid license issued by a reputable gambling authority.
Odds are displayed in decimal format only, but the excellent variety of markets more than makes up for the lack of fractional and American odds. Available bet types include handicaps, moneyline bets, and parlays, among others. In terms of promotions, Betr offers a long list of incentives, including daily odds boosts, same-game and multi refunds, racing money-back specials, early payouts, and more. The operator has implemented all mandatory responsible gambling tools, allowing punters to set custom limits. These tools include a setting called “time limit,” which restricts how much time a user can spend wagering. Short breaks can be enforced through the timeout feature, and self-exclusion is also available.
Users can contact Betr’s customer support team when needed. Available communication methods include email (contact@betr.com.au), live chat, and phone lines for racing, sports, and general queries. In addition to global payment methods such as Mastercard, Visa, and PayPal, Australian punters can use mobile wallets such as Google Pay and Apple Pay, as well as localized payment processors, including BPay and PayID. PayID supports fee-free deposits starting from just $5.
Neds
Min Deposit$10Min WithdrawalNo minimum withdrawal requirementsWithdrawal Time1-3 business daysDeposit MethodsSponsorshipsN/AContact Details- Live Chat: Yes
- Email: support@neds.com.au
- Phone: +61 8 6193 7043; Live Betting: +61 8 6193 7248
Australians looking for their preferred bookie may be in for a treat if they choose Neds. Owned and operated by Entain Group Pty Ltd, the online sportsbook adheres to the regulations of the Northern Territory Racing and Wagering Commission. As a properly regulated provider of gambling services, the company provides pre-commitment limits, self-exclusion facilities, and several other features designed to help punters stay in control of their gambling.
The sportsbook has a modern interface that is both visually appealing and intuitive to use, making it easy to browse the various markets available on the platform. Racing has its own section, which provides access to a variety of events and features. Meanwhile, sports bettors will find competitive odds on major leagues such as the NBA, NFL, NHL, NBL, and MLB, as well as eSports games.
As Neds caters to an Australian audience, it is not surprising that the sportsbook supports a range of financial solutions suitable for Australian punters. Whether you wish to top up your account through PayID or use alternatives such as debit cards or PayPal, you are likely to find your preferred payment method in the cashier.
Pointsbet
ReviewLicenses- Northern Territory Racing and Wagering Commission
- Alcohol and Gaming Commission of Ontario (AGCO)
- Illinois Gaming Board (IGB)
Min Deposit$5Min Withdrawal$10Withdrawal Time2 to 24 hoursDeposit MethodsSponsorshipsCronulla-Sutherland Sharks, Manly Warringah Sea EaglesContact Details- Live Chat: Yes
- Email: support@pointsbet.com
- Phone: +61 13 72 38
PointsBet Australia Pty Ltd is the owner of PointsBet, which operates under the regulatory approval of Australia’s Northern Territory Racing and Wagering Commission. The betting platform has plenty to offer Australia-based wagering enthusiasts. Its impressive sports selection includes Australian rules football, horse racing, golf, and soccer, with users able to explore a wide range of local and international events. Beyond traditional sports leagues, PointsBet also provides extensive markets related to politics and entertainment. This variety ensures that there is something for different types of punters, whether they are interested in the Melbourne Cup or the outcome of the next election.
In line with Australia’s regulations governing welcome bonus offers and their advertising, customers must log in to their accounts to view the bookie’s latest promotions. As for its racing and sports betting features, PointsBet offers several flexible options, including the Multi Builder, which enables bettors to combine multiple outcomes from different sports and leagues for an enhanced potential payout.
Customer support is available through live chat, email, and phone, while the FAQ section provides answers to many common questions. Last but not least, PayID is among the Australia-only payment methods available, providing bettors with an easy and secure way to manage account transactions.
How Does PayID Function?
PayID is a fast payment system developed as a joint venture involving more than a dozen prominent Australian financial institutions. It was created to make online banking, particularly online transactions, easier and faster to conduct in the country.
It provides a fast way for users to access their bank funds to send or receive money. Instead of having to remember a six-digit Bank State Branch number, which can be difficult to recall, Australians can use details such as an email address or phone number to manage their transactions online.
Since PayID only launched in 2018, not many bookmakers have adopted it for deposits and withdrawals. However, there is still a sufficient selection of bookies that accept this payment solution, and using PayID at a sportsbook is an easy process. All you need to do is navigate to your bookmaker’s deposit section, select PayID, and follow the instructions. Once completed, your funds may be deposited into your account immediately, provided you have used PayID at this bookie before. Withdrawals work similarly, although you will need to wait for the processing period to end before your money reaches your bank account.
Naturally, PayID can also be used for other purposes, such as making online purchases and sending money to or receiving money from friends and family. It is a versatile payment system that can serve you well.
If you only wish to use PayID for deposits, creating your own PayID will not be necessary. All you need is the bookie’s PayID. Withdrawals, on the other hand, will require you to have your own PayID if you wish to use the service for this purpose.
If you ever need to change your bank account, there is no need to worry. You can simply assign your PayID to your new account, making the transition seamless.
PayID has been implemented in the online banking services of more than 80 financial institutions in Australia. Australian bettors should visit the payment service’s webpage and use the search function on its home page to check whether their bank is a participating institution.
Opening an Account
Creating a usable PayID is a straightforward process. It can be done online and will often take less than five minutes to complete. However, you do need an online banking account. If you already have one, you can proceed with creating your PayID.
The process will vary slightly between institutions, but the first step will generally involve logging into your bank account. PayID is typically built into the ‘Pay Anyone’ section of your online banking platform. Alternatively, you may need to navigate to your Settings, Profile, or a similarly named page and locate the PayID section.
If you have multiple accounts or cards, you will need to select one for your PayID. Next, you will choose your preferred PayID type. The available options will typically include a phone number, email address, or ABN (Australian Business Number). A phone or email PayID will be best for personal use. Enter the necessary details and verify your email address or phone number. All that remains is to review your information and follow any final instructions provided by your bank.
The process will be more or less the same if you create your PayID through your bank’s app rather than its website.
Depositing into Your Sportsbook Balance
The deposit process is one of the best aspects of using PayID for sports betting, as it is easy and straightforward compared to a traditional bank transfer.
The first thing you need to do is find a bookmaker that accepts this payment solution as a deposit option. As noted, the number of such sports betting websites is still somewhat limited, so check a bookmaker’s payment options beforehand. Most reputable bookies display the logos of their available payment methods on the home page for your convenience, so look for the black-and-white PayID logo. If the logo is not displayed there, the information will typically be available on a dedicated payment methods page. You may also find it in the bookmaker’s Help or FAQ section or in its Terms and Conditions.
Next, create an account at the sportsbook you have selected. Account registration will not be exactly the same across all bookies, but you will generally be required to provide a valid email address, enter personal information such as your full name, address, and phone number, and set a password. Certain websites will require you to verify your phone number or email address, but the registration process is otherwise complete at this point.
If you wish to postpone the verification process, you can do so for now. In Australia, verifying your identity is not a requirement for depositing funds into your sportsbook account. However, it is still better to complete the process when you have time, as you will need to verify your identity before withdrawing money.
Once everything is ready, it is time to top up your bookmaker balance. The deposit page will typically be linked directly from the website’s home page or located in a separate cashier section. Either way, it should be easy to find.
Next, scroll through the list of deposit options and select either PayID or bank transfer. If you choose the latter, you will need to select PayID when it appears. This is also the point at which you may be presented with available deposit promotions. These promotions often need to be selected before you can receive the bonus, so make sure you do so.
It is important to note that, in accordance with the National Consumer Protection Framework for Online Wagering, Australian gambling regulations prohibit sportsbooks from publicly advertising or offering sign-up bonuses, free bets, or other inducements to new clients. This restriction is intended to protect vulnerable individuals and reduce gambling-related harm by removing incentives that might encourage people to open new accounts or gamble more than they can afford. Therefore, while promotions for existing customers may appear after you log in, bookmakers are legally prohibited from using these offers to attract you initially.
You will then see the bookmaker’s PayID email address and your username in the description section. Afterward, navigate to your bank’s website and log in. Select the option for paying people or merchants and choose email. Do not forget to enter your sportsbook username in the description box, as this is how the bookmaker will identify who sent the deposit.
Enter the amount of money you wish to deposit. Depending on your bank, you will likely need to confirm the transaction. In addition, your first deposit will not be instant because a 24-hour pending period is required when you send money to a new merchant. All subsequent deposits will be transferred to your sportsbook balance immediately. Once this is complete, you are ready to start betting.
Withdrawing from Your Sportsbook Balance
PayID can also be used for withdrawals, and the process is even easier than making a deposit. However, if you did not verify your identity earlier, you will be prompted to complete the verification process before you can withdraw money from your sportsbook account.
There is no need to worry, as most bookmakers have made the verification process as streamlined as possible. At a typical bookie, you will need to provide detailed personal information and scans of an identification document, such as your ID card, passport, or driver’s license. Certain sportsbooks will also request a selfie, while others may require a phone call with an agent.
Once you have completed verification, you can proceed with your withdrawal. The process itself is straightforward. All you need to do is decide how much money you wish to transfer to your bank account, select PayID from the list of available options, and provide the requested information. You will then need to wait. Unlike deposits, withdrawals always require a processing period. The time frame can vary, but you will typically need to wait between 24 and 72 hours. Although some bettors may dislike this delay, the processing period helps ensure that the withdrawal reaches you without incident.
Cost and Fees
At the time of writing, PayID itself does not impose fees on individuals who use the service. This makes it a user-friendly payment solution for many punters.
Remember, however, that PayID is connected to your bank account and is used to complete bank-related transactions. While PayID does not charge fees, you could incur processing or transfer fees from your financial institution.
A bookmaker may also charge fees for deposits or withdrawals. This is rarely the case, but the possibility remains, so it is always a good idea to research the sportsbook first. Information about fees can typically be found in the website’s Terms and Conditions or on its help page. If you are uncertain or cannot find this information, you can always contact customer support for assistance.
Security and Privacy
Because PayID is closely tied to your bank account, the security measures employed by your chosen financial institution also apply to PayID.
Banks use many techniques to keep your data secure, and these methods continue to become more robust as new innovations are introduced.
One such feature is Secure Sockets Layer encryption. It makes your information and other data practically illegible to unauthorized parties, making it an effective tool for preventing fraud and data leaks. Firewalls and advanced malware protection software also help keep your information secure.
In addition, the way PayID functions adds another layer of security to your bank account. When you use PayID, you do not need to provide your banking information to third parties, so your details remain protected.
Banks also provide customers with tools to protect themselves, including two-factor authentication. This means that logins and transactions may require additional confirmation. For example, whenever you wish to deposit funds, a code may be sent to your phone so you can verify that you requested the transaction. Biometrics such as Face ID and fingerprint scanning are also popular verification methods.
When it comes to protecting yourself, it is also important to be wary of phishing. Remember that neither your bank nor your bookie would request your login details or other crucial information via email or SMS. Be cautious and contact your bank’s or sportsbook’s support team if anything seems amiss.
Advantages of PayID
Australian gambling enthusiasts have many reasons to like PayID and use it for their online wagering needs.
First and foremost, this payment solution offers significant convenience. Depositing money takes only a few clicks, as all you need to do is use an easy-to-remember PayID email address or phone number. With PayID, you do not need to enter lengthy BSB codes that few people would attempt to memorize. PayID can also be used for withdrawals. The number of payment solutions available for both deposits and withdrawals is relatively limited, making PayID an appealing payment method for many punters.
You will also find that PayID excels in another area that is important to sports betting enthusiasts: PayID is available for bookmaker promotions. In many cases, bettors might be unable to take advantage of a bonus because they have chosen digital wallets such as Neteller or Skrill for their deposits. With PayID, you do not need to worry about this concern.
Furthermore, as previously noted, PayID is highly secure. You do not need to give your banking information to bookmakers. The fact that PayID is tied to your bank account and protected by your financial institution is also a significant advantage.
Disadvantages of PayID
Although PayID is a useful modern banking solution, it does have some drawbacks. The first is that you might not find it among the payment options at your favorite bookies.
PayID was created in 2018, so Australia-friendly sportsbooks are still in the process of adopting it as a deposit or withdrawal method. In other words, you may register with a bookmaker you like only to discover that PayID is not available. This is why it is important to check a sports betting website’s payment options before creating an account.
Another point to keep in mind is that even if PayID is an accepted deposit method, certain bookies have yet to provide it as a withdrawal option. PayID can support withdrawals, but its limited availability appears to affect withdrawals more significantly.
Last but not least, PayID remains a banking solution available strictly to punters who reside in Australia. Bettors who live overseas will need to choose an international payment method.
Conclusion
All in all, PayID has proven to be a highly convenient banking method for online transactions. It is fast and allows you to use information that is easy to remember, rather than a BSB code that you may need to keep written on a piece of paper or stored in your notes app. Deposits can be fast, and PayID can also be used for withdrawals. You may also be able to take advantage of sportsbook promotions. Security is another strong point.
We hope that, over time, more bookies seeking to appeal to Australian bettors will add PayID to their cashiers for both deposits and withdrawals.