It might sound obvious but in order to play for real money on Betfair Poker you will have to make a deposit of funds into the client. Betfair respect that some people do not like their debit or credit cards being used for gambling purposes and as a result have made several deposit methods open to everyone.
E-wallets such as Neteller and Moneybookers are very popular ways of depositing and withdrawing funds as you never have to enter your bank details into the poker client. Signing up for an account is free and easy, usually taking around 15 minutes plus a little extra time to verify your identity but once it is set up moving money around is very easy. Please note that depositing by Neteller will incur a 1.5% deposit fee from betfair but at time of writing they will refund this amount within 24 hours of your deposit.
Paypal is another method that a lot of customers choose to fund their accounts as they recognise the payment method from eBay. Paypal can be used to deposit between £5 and £500 if you are from the United Kingdom, Germany, Austria, Belgium, Denmark, Finland, France, Greece, Ireland, Italy, Portugal, Spain and Sweden. At present a 1.5% fee will be charged on all deposits.
Both Click And Buy and paysafecard are extremely convenient deposit methods using prepaid cards, meaning you can only sepdnwhat you load onto the card. Each of the cards are available whereever you see the Pay Point symbol in the UK and at registered outlets across Europe. At time of writing Click And Buy deposits are free whilst paysafecard deposits will incur a 2.5% fee.
Western Union is one of the largest money transfer services and is available to load money into your Betfair account from over 130 countries across the world. You can only deposit in your account currency and there are unique references needed to be quoted on the blue Western Union form in order for your deposit to be sucessful. These can be found in the Betfair cashier.
You can also send cashier cheques, personal cheques, money orders and bankers drafts directly to Betfair in British Pounds, Euros, US Dollars and Honk Kong Dollars. Cheques need to be made out in the Betfair cashier and send to the address supplied there.
Direct bank transfer are a free and easy method to deposit funds into Betfair and are a popular way to move larger sums of money although small amounts are allowed too. There is a pre-filled form that you need to print off and enter the details into your internet banking or give to your bank cashier to forward the money. Please see the cashier page for more details.
Finally, credit and debit cards are also welcomed and most UK cards in British Pounds and Irish Laser cards in Euros will not be charged a fee. All other credit and debit card deposits will be charged a 1.5% fee. Please visit the cashier pages to find out the rules and regulations with regards to Mastercard and Visa deposits and withdrawals.
Whilst all information given is as accurate as possible, the above text is written by Betfair Poker Guy and is not an official response from anyone connected with Betfair or their products