BetUK is part of the LeoVegas empire, thus a sister site of BetMGM, and it was the first sportsbook-focused product that the company launched. The acquisition took place in 2018 and the betting site has gone from strength to strength since, sponsoring teams such as the Premier League side Manchester City in the process.
A decent amount of payment methods are accepted by the LeoVegas-powered bookies, including one e-wallet. Below, we have collected everything you need to know about BetUK and depositing funds, from the payment methods accepted to the specific terms for each.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Visa | £10 | £3,000 | No fee | Instant |
Mastercard | £10 | £3,000 | No fee | Instant |
Apple Pay | £10 | £3,000 | No fee | Instant |
Paypal | £10 | £1,000 | No fee | Instant |
Bank Transfer | £10 | £10,000 | No fee | Instant |
Operator | Welcome Offer | Bonus Code | Claim Offer | |
---|---|---|---|---|
| Welcome Offer Bet £10 Get £30 in Free Bets | No code required | Claim Offer | New cust only. Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 Free Bets: 1 x £10 Horse Racing, 1 x £10 Free Bet Builder and 1 x £10 Football. 7 day expiry. Stake not returned. T&Cs Apply. 18+ |
| Welcome Offer 50 Free Spins When You Play £10 | No code required | Claim Offer | New cust only. Opt in & deposit £10 in 7 days & wager 1x in 7 days on any eligible casino games (excluding live casino and table games) for 50 Free Spins. Wagering contributions vary. Free Spins worth 10p each on Big Bass Splash. 3 day expiry. 18+. T&Cs apply |
If you would like to find out how to deposit funds into a BetUK account, you can follow our step-by-step guide below. This guide is based on how it works on the BetUK app.
Once you have opened the BetUK app, adding funds to your betting account is a very straightforward process. Simply tap the profile option in the top right corner of the screen, then choose the 'Deposit' option in the menu.
In the cashier, you will be given three deposit methods: Apple Pay, instant transfer, or debit card. Simply choose your preferred method and enter the necessary details. In our test, we used a Visa debit card.
Next, you will have to enter the amount that you would like to deposit. The minimum amount is £10 and that is what we opted to go with.
Before you can tap the red 'Deposit' button, which completes the process, you need to tick the two boxes at the bottom to confirm that you have acknowledged the information. But once that is done, tap the button and start betting.
Unfortunately, as is also the case at BetMGM, the minimum deposit amount is £10 at BetUK instead of £5 which is offered by many betting sites these days. This is something that LeoVegas will have to change in the future to compete with the best bookies. It might seem like nothing, but it actually makes a big difference in the long run.
On the other hand, BetUK makes up for this to a large extent by accepting every payment method for its welcome offers. Most bookies restrict their welcome offers to certain methods, often debit cards, but BetUK customers can even claim the offer with PayPal.
For most punters, debit cards are the go-to method on betting sites but since BetUK accepts more methods for the welcome offer, this might not be the case here. In any case, the minimum deposit is set at £10 and there is a maximum of £3,000.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Visa | £10 | £3,000 | No fee | Instant |
Mastercard | £10 | £3,000 | No fee | Instant |
Apple Pay will surely be very popular among new BetUK customers thanks to its convenience and welcome offer eligibility. The terms are exactly the same as debit cards, with a minimum deposit of £10 and a maximum of £3,000.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Apple Pay | £10 | £3,000 | No fee | Instant |
The last, but not least, method accepted is PayPal. BetUK is one of the few bookies that allow new customers to claim the welcome offer with PayPal, so the bookie is surely very popular among punters who use this method. The minimum deposit is £10, with a maximum of £1,000.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Paypal | £10 | £1,000 | No fee | Instant |
Isak is an experienced content writer with a background in sports journalism. Having focused mainly on football in the past, he certainly knows a thing or two about the betting industry. At BettingLounge, Isak makes sure that all of the content is up to date, specialising in reviews of UK betting sites.