If you’re looking for a safe and secure way to fund your online sportsbook account, Instadebit may be the answer. This eWallet service allows you to transfer money to and from your bank account, and you can do so without sharing account numbers or other private information.
Sports bettors have been comfortably using this service for years, and it remains a key option when it comes to funding accounts at casinos, poker rooms, and sportsbooks. The following review takes a look at some of the most important aspects of Instadebit betting sites, from the overall quality of service to how they stack up against competing financial services.
Once you’ve finished reading, it’s our hope that you’ll have a much better idea of whether or not this method of deposit and withdrawal meets your current demands as a player.
Why Choose Instadebit for Your Betting Site Deposits
As of this writing, Instadebit is exclusively available to residents of Canada. American players were restricted in 2006, following the passage of the Unlawful Internet Gambling Enforcement Act. While this is disappointing for gamblers in other parts of the world, it means that the service is able to focus solely on citizens of the Great White North.
The company has been in business for over a decade, and they’ve managed to operate all that time without any major scandals or financial discrepancies. While Canadian citizens may be the only people who can use the service, these individuals can send money across the planet in denominations such as the Canadian dollar, U.S. dollar, Euro, or British pound.
Funds are deposited from your bank account into an electronic wallet, and your money can then be sent to a casino or sportsbook almost instantly. This gives the service a major advantage over many competitors, although you’ll be charged a fee of $1.95 CAD each time you transfer money directly from your bank account. Transferring it from your electronic wallet balance, however, is usually free.
Since the service is a third-party payment processor, you can fund Instadebit betting sites without having to provide any personal details such as bank account numbers. Instead, this information is kept safe and secure within the database of the service and never provided to any outside parties.
Another positive is the simplicity of the service. Deposits are processed just like an electronic check, and you can fund your account in less than a minute.
Instadebit Betting Sites – What to Look for Before You Deposit
If you’re thinking about using Instadebit to make a deposit, there are a number of factors that should be considered beforehand. That’s what this section is devoted to.
The most important aspect in the beginning is finding a web browser that supports the service. Luckily, the site runs on most popular options, including Firefox, Chrome, and Internet Explorer.
Once you know that your computer software is going to support the service, the next step is finding one of the many Instadebit betting sites that offer it as a viable option. In order to do this, start by looking at the bottom of the main page to see if the company logo is visible. If it’s not, head over to the cashier section and check to see if it’s listed as a supported option in either the deposit or withdrawal section.
When you’ve located an appropriate site, there’s one more step you need to complete before opening an account. I’m talking about doing a thorough background check on the sportsbook to make sure they offer reliable service.
Do they pay players on time? How do their odds compare to other online books? You should always ask yourself these questions and be prepared to look elsewhere if the site fails to deliver the desired answers.
How Do Other Betting Site Deposit Methods Compare to Instadebit?
As the name would imply, Instadebit strives to transfer deposits and withdrawals within an instant. The key here is already having the funds in your eWallet, as this allows for deposits to your favorite betting site within a matter of seconds. The same impressive time frame also applies to withdrawals as well.
If your virtual wallet is empty, you can still use Instadebit to make deposits. However, since this gets a financial institution involved, the waiting time is much longer.
For bettors who have their online account loaded with money, the speed of transactions via Instadebit is comparable or better than anyone in the industry. Methods such as PayPal and other eWallet brands offer similar rapid service, so you can’t go wrong with any of these.
If you’re a Canadian resident who enjoys wagering on everything from the CFL to the NHL, locating a few Instadebit betting sites should give you access to some of the fastest transaction times around. While their service area may seem limited, they’ve made a conscious decision to dominate in a specific region instead of offering mediocre service on a global scale. So far, that’s proven to be a wise choice.