Compared to other bookmakers in the UK, there is a lot to like about Virgin Bet as it offers a nice sportsbook, and the Fives promotion is one of our favourite free-to-play games on the market. However, the deposit process is quite disappointing for a brand of Virgin's size, operated by the LiveScore Group.
Customers can deposit a minimum of £5, which is certainly nice, and on the lower side of deposits available. However, this amount is only available on one method which is something we will get into. Below, we have collected everything you need to know about Virgin 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 | £5 | £20,000 | No fee | Instant |
Mastercard | £5 | £20,000 | No fee | Instant |
Paypal | £30 | £20,000 | No fee | Instant |
Operator | Welcome Offer | Bonus Code | Claim Offer | |
---|---|---|---|---|
| Welcome Offer Bet £10 Get £20 in Free Bets | No code required | Claim Offer | **New members only. £10 min deposit & bet on sportsbook (ex. virtuals), placed & settled at 1.5 min odds in 14 days of sign-up. Win part of E/W bets. Free Bets: accept in 7 days, valid 7 days, use on sportsbook only (ex. virtuals), stakes not returned. T&Cs and deposit exclusions apply. Bet Responsibly. GambleAware.org. 18+ |
Below, we have put together a step-by-step guide for depositing funds into a Virgin Bet betting account. Just to be clear, we did this on the Virgin Bet app.
Once you have logged into your Virgin Bet account, the next step is to head to the ‘Deposit’ cashier. Luckily, this is very easy to find. Simply tap on the ‘Profile’ icon in the top right corner, and then select the ‘Deposit’ option.
The first step to depositing is to enter the amount. VirginBet allows a minimum deposit of £5, however, we chose to deposit £10 as is the standard in our testing. This is also because a £10 deposit is needed to claim the welcome offer at Virgin Bet.
Once the amount has been entered, the next step is to select the payment method. We could use a debit card or PayPal - as with all of our tests, we use a debit card but the £30 minimum deposit with PayPal would have pushed us to use a card regardless. Once you have selected your method, insert your details.
If the above has been completed, tap the red ‘Deposit’ box at the bottom of the screen, and you will be taken to a confirmation page to show that your deposit was successful. From here, you can begin betting, good luck!
The minimum deposit at Virgin Bet is £5, which is very nice, but most of the promotions - notably, the sign-up offer - on the site require you to stake £10, so there are little plus sides to this lower deposit minimum. With that being said though, it has to be appreciated.
Customers will be surprised to see that Virgin Bet requires a minimum £30 deposit amount when adding funds with PayPal, which is one of the highest amounts we have seen when using this method, and certainly pushes customers towards other options. In the past, the PayPal minimum had only been £10 at Virgin Bet, so the steep rise is very confusing.
Deposits using debit cards are very common, and when we conduct our tests, we try to always use this method given it is often preferred among punters. With a minimum deposit amount of only £5, and a maximum of £20,000, it is certainly easy to see why this is regularly used by customers.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Visa | £5 | £20,000 | No fee | Instant |
Mastercard | £5 | £20,000 | No fee | Instant |
PayPal is one of the most commonly seen e-wallets on betting sites, and normally, for good reason. However, Virgin Bet customers will probably look elsewhere, given there is a minimum deposit amount of £30, which is absolutely staggering.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Paypal | £30 | £20,000 | 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.