BetGoodwin Deposit Guide and Payment Methods

Read our deposit guide for BetGoodwin to learn about the payment methods, minimum deposit, welcome offer eligibility, and more.

BetGoodwin deposit guide
Written by Isak Möller
Verified by BettingLounge team
Last updated 05/11/2024

BetGoodwin Deposit Methods and Terms

BetGoodwin is a rather popular betting site among horse racing punters, having decided to focus on this sport, and there are many reasons to like the bookmaker. Streaming of horse racing action is offered and there are some good promotions, while some punters also like the familiar feel a smaller bookie brings.

However, the list of accepted payment methods is very limited at BetGoodwin and this is something that should be taken into consideration. Below, we have collected everything you need to know about BetGoodwin 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 logo
Visa
£10 Not specified No fee Instant
Mastercard
Mastercard
£10 Not specified No fee Instant

BetGoodwin Welcome Offers

OperatorWelcome OfferBonus CodeClaim Offer
BetGoodwin logo
BetGoodwin Betting offer
Welcome Offer
50% Back As Free Bet (Up to £25)
No code required
Claim Offer
Minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger to qualify. Max free bet £25. Free bets are non-withdrawable and to be credited within 24 hours.
BetGoodwin logo
BetGoodwin Casino offer
Welcome Offer
50% Back on First Day Losses up to £50 in Bonus Funds
No code required
Claim Offer
18+, new customers only. 50% back of first day casino losses refunded as bonus funds up to £50. Bonus funds to be credited the next day. Bonus funds maximum winnings capped at £500. First day casino losses equals all casino losses incurred before 23:59. Wagering requirement for bonus funds is 5x. Minimum losses of £10 to qualify for bonus funds.

How to Deposit at BetGoodwin

If you need assistance with depositing funds into a Betgoodwin account, you can follow our step-by-step guide below:

  • 1

    Open Up the Deposit Cashier

    Starting the deposit process is very easy and involves heading over to the deposit cashier. To do this, simply tap the top right corner of the screen (where your balance is displayed), and you will be given the option to deposit. Tap this, and let's begin.

    BetGoodwin Deposit 1
  • 2

    Enter Your Address and Deposit Details

    Following this, you will be asked to insert your billing address - which is made simpler by Betgoodwin's tool. Then, select your payment method and amount. In this test, we chose to deposit the minimum amount of £10 with a Visa debit card.

    BetGoodwin Deposit 2
  • 3

    Enter Your Payment Information

    After tapping the yellow 'Deposit' button and confirming you acknowledge the T&Cs, you will be taken to a screen to insert your card details. After doing so, tap the blue 'Pay' button.

    BetGoodwin Deposit 3
  • 4

    Start Betting

    Once the transaction has been completed, you will be taken to the confirmation page. Here you will be shown the transaction details and you will be given a Transaction ID. To begin betting, simply tap the yellow 'Bet Now' button.

    BetGoodwin Deposit 4

BetGoodwin Minimum Deposit

BetGoodwin is considered to be one of the new betting sites, even if the brand has been around for a long time, and that shows with the minimum deposit amount of £10. Many punters are used to being able to deposit just £5 these days and to compete with the best, BetGoodwin will certainly have to improve the minimum deposit.

BetGoodwin Deposits Using Debit Cards

Since BetGoodwin only accepts deposits via Mastercard or Visa, this is what punters will have to settle for if they want to place bets on the site. The minimum deposit amount is set at £10, while there is no maximum specified. It would have been nice to see some better terms, especially since it is the only option for customers.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Visa logo
Visa
£10 Not specified No fee Instant
Mastercard
Mastercard
£10 Not specified No fee Instant

BetGoodwin and E-Wallets

E-wallets are a crucial part of online betting these days as many punters prefer the confidence of depositing with these, even if it might be a bit more hassle to withdraw. At BetGoodwin, however, debit cards are the only accepted method. Those who like to bet with Skrill, for example, will have to check out the bookmakers that accept that method instead.

BetGoodwin Deposit FAQs

BetGoodwin only accepts deposits via Mastercard and Visa, which is quite poor compared to many other betting sites in the UK. On the other hand, it is not uncommon to accept just these either and many punters use debit cards anyway.

BetGoodwin is owned and operated by Goodwin Racing Limited, which is licensed and regulated by the Gambling Commission in the UK

Isak Möller
Isak Möller
Last updated: 05/11/2024

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.