Betway Canada Deposit Methods - Payment Options for 2024

When you open your account, make sure to take advantage of the best Betway new customer offer. Once you've done that, you'll be required to make your first deposit.

Once you've completed the registration process and logged into your Betway account, you'll find eight options for funding your Betway account, Debit Cards, Paysafecard, MuchBetter, Payz, Flexepin, INTERAC, or INTERAC e-Transfer. All of the available Betway deposit methods require you to deposit at least $10.

You can learn how to withdraw your funds from Betway by reading through our withdrawal guide.

Like all sportsbooks, Betway is required to implement the closed-loop policy. This anti-fraud effort means you have to withdraw your funds via the same method used to deposit. If your withdrawals match the amount deposited, you can then use alternative withdrawal methods. If you want to know more about this, our closed-loop policy article delves deeper into the subject.

Visa Debit Card/Mastercard

Using a debit card remains one of the most popular choices when it comes to funding your betting accounts, and it won’t be at all surprising to hear that it’s a hugely popular choice amongst Betway customers in Canada.

You’ll be able to view transactions into Betway through your bank account, as the card linked to the Betway account will be linked to your chosen bank account. You can deposit $10 as a minimum with this deposit method.

MuchBetter

You’ll have your funds instantly into your Betway account if you’re looking to use MuchBetter.

You can deposit a minimum of $10 using this payment method, and the deposits don’t include any additional charges from the provider, which is another positive that customers using this deposit option can look forward to.

Interac

INTERAC is available with the majority of betting sites in Canada, and it won’t be surprising to hear that you can use them to deposit funds into your Betway betting account.

The deposit process using INTERAC is simple to follow, and with deposits being instant, there’s little room to fault them when it comes to depositing. You can deposit as little as $10 into your Betway account using this payment method.

Flexepin

You’ll be pleased to hear that you can deposit funds into your Betway Canada account using Flexepin.

The minimum deposit on Betway for Flexepin payments is $20, which is in line with the majority of other betting sites available in Canada that have Flexepin available as a valid deposit method on their respective sites.

Payz

Payz automatically converts currencies at competitive exchange rates which allows you to send money across the globe, and it’s pleasing to see it being offered by Betway as a valid payment method.

You’ll be able to deposit as little as $10 into your account using Payz. Some bettors prefer using this payment method compared to a visa debit card, as payments don’t directly appear on a user’s bank statements, as it’s a Payz transaction instead, which might be better suited to them.

How to Deposit at Betway Canada

You’ll be pleased to know that the deposit process with Betway is simple, as you’ll just have to click on the account button in the top-right corner of the screen, and then choose which payment method you wish to use.

Then, type in how much you want to deposit, before clicking the ‘Deposit’ button, and that’s it!

It’s vitally important to remember that if you’re looking to fund your Betway account with any funds, that you’re doing so with payment methods which are under your own name, as otherwise, you could find your account being restricted, or even closed down, regardless of whether there are any funds still in the account.

Unaccepted Deposit Methods

• Credit Cards - Some credit cards are accepted on betting sites in Canada, but the majority aren’t available on Betway, which our team were pleased to see, as there were some concerns on responsible gambling if credit cards were accepted.
• PayPal - PayPal is one of the most popular e-wallets to use in the world, and it’s slightly surprising to see it not being available to use on Betway Canada, as they’re potentially seeing some of their customers go elsewhere in search of a betting site which accepts PayPal as a valid deposit option.

Always Gamble Responsibly

There are plenty of responsible gambling tools which are available to use on Betway Canada, which is great to see, as they’re putting tools in place for their customers to use if they ever feel as though they want to put certain restrictions in place on their account.

Deposit Limits

You’ll be able to put deposit limits in place on a daily, weekly, or monthly basis on your Betway account. These are often put in place to limit the amount of money you could potentially spend on Betway, and once that limit has been reached, the user won’t be able to deposit any more funds into their account until the time period has been observed.

Loss Limits

Similarly to deposit limits, loss limits are relatively self-explanatory. You’ll set yourself a limit that you’re allowed to lose on a daily, weekly, or monthly basis. Once that limit has been reached, you won’t be able to place bets or play casino games until the time limit in which the loss limit was put on, has expired.

Take A Break

Betway has a useful Take A Break responsible gambling tool which is in place for bettors who might want to take a spell away from their site for one reason or another. If this feature is activated, you won’t be able to sign into your account until the time-frame has been observed. Below, you’ll find the time-frames which you can use the Take A Break feature.

• 1 day
• 2 days
• 3 days
• 7 days
• 14 days
• 30 days
• 2 months
• 3 months

Self Exclusion

This is a prolonged version of the Take A Break feature which is available on Betway Canada. If you’re looking to take a significant break from using Betway, then you’ll be able to do so by using this responsible gambling tool.

Below, you’ll find out how long you can self-exclude yourself on Betway Canada if you wish to do so.

• 6 months
• 1 year
• 2 years
• 3 years
• 4 years
• 5 years

Internal Checks

Betway’s team conducts internal checks on both new and existing customers to check whether they’re gambling within their means without any sudden decisions which could cause problems for the bettor involved.

As stated on their site, Betway can restrict or suspend accounts after conducting internal checks, which is in line with their responsible gambling policy.