New betting sites don't always have loads of different payment methods for punters to choose between, and sadly, that is the case with London Bet as well. The Playbook Gaming-powered site launched in the summer of 2025 and while quite a lot of punters were quick to sign up, it definitely has nothing to do with payment methods.
Having said that, it likely has a lot to do with the £1 minimum deposit amount for the only method available, specifically debit cards. We still see a lot of sites that are stuck at £10 on this front, so this certainly gives London Bet an edge. Some might think it's silly to deposit so little, but there is a use for it.
Below, we have collected everything you need to know about London Bet 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 | £1 | Not specified | No fee | Instant |
![]() Mastercard | £1 | Not specified | No fee | Instant |
If you need assistance with depositing funds into a London Bet account, you can follow our step-by-step guide below:
Once you have entered the website, and logged in, simply tap the 'Profile' area in the top right corner and then tap the 'Deposit' option shown.
In the cashier, you will be asked to confirm your payment amount. At first, we deposited £5 but then found that we could deposit as little as £1, so we did that as well. Then, tap 'Pay using Debit Card'
Following this, you will need to enter your payment information. Thankfully, if your device has an autofill option, this can be used here.
Once done, you will be taken to a confirmation screen and you can begin betting from here. A quick process indeed, and as a reminder, the £1 minimum is a real boost.
As already stated at the top of this page, we can only think of a few key reasons why people would join London Bet, and the £1 minimum deposit amount is one of them. It has become increasingly common for sites to accept such low amounts - just in 2024 there were only a handful offering this - and that is something we like a lot.
In this case, it doesn't affect any welcome offer eligibility either as London Bet doesn't have one for the time being. You could see that as a negative, with the site opting for a rewards system instead, but it's not all about claiming bonuses when finding a good betting site.
Obviously, we would have liked to see more methods at London Bet, but at least punters know what they get with debit cards. It's easy to use, at least we thought so when testing the cashier, and the withdrawals are also fast (lo and behold). And if having to use a debit card means you can deposit £1, then so be it.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
![]() Visa | £1 | Not specified | No fee | Instant |
![]() Mastercard | £1 | Not specified | No fee | Instant |
Ben is an accredited football journalist who follows anything from League One to Serie A, also working for the likes of SempreMilan and Total Italian Football. As an avid punter, he has become the master tester at BettingLounge, refusing to take bookies by their words when it comes to withdrawal times and much more.