spons 20jun1 23 Tech in Sports: From VAR to Payments

Tech in Sports: From VAR to Payments

As legalized online gambling continues to sweep across the United States, millions of sports fans enjoy their newfound freedoms. Until recently, sports betting was only for visitors to Las Vegas, selected land-based casinos in the biggest states, and regulated racetracks. Gambling was a hobby reserved for the few, but that has changed. Today, a growing number of states now permit residents and visitors to wager on sports using their desktop computer or smartphone.

Only verified sportsbooks can trade in a state and must pay top dollar for the privilege. Betting in the US today is unrecognizable from just a decade previously when it was all but outlawed. Have you tried gambling on your favorite sports competitions, including the NFL, NBA, UFC, and English Premier League? If betting in your region is legal, you can now gamble at the touch of a button using a sportsbook app downloaded to your Android or iOS. It’s fast, free, and secure with the latest technology protecting your online privacy.

One of the measures used by sportsbooks to help protect users from the dangers of betting online is online payment options and management strategies. You can now add funds to your betting account using a debit card or e-wallet, and some firms even accept crypto deposits. These options allow customers to manage better how much they’re spending each month on sports betting. You can add one payment method to your gambling profile, such as a VISA card, or select multiple online wallets, like PayPal, Skrill, and Neteller.

What’s covered

Now online betting is widely available across the United States, and the industry continues to grow, let’s now look at how you can make the most of the online payment options. One of the main criticisms aimed at the industry by those opposed to legalized sportsbook betting in

America is that it poses a serious risk of users overspending. Problem gambling includes the risk of bettors playing more on their smartphones and spending greater sums than they would if they had to visit Las Vegas to wager. They may also bet far more frequently due to the convenience of online gambling.

On this page, we cover the most popular online payment methods in betting, not just in the US but worldwide. We showcase how experienced bettors like to manage their funds, protect their betting budget, and avoid the risk of overspending. You can choose your favorite payment option from this page or take more than one, ensuring you always know where the funds come from, making it much easier to track your profit and loss. Doing so will greatly enhance your online betting experience while keeping you secure.

When depositing funds to an online gambling account, you must ensure it offers the latest and strongest online security, including two-step verification and Secure Socket Layer technology. You can then keep a close eye on your profit/loss, how much you spend on betting versus how much profit you make from winning wagers. It’s important to read the terms and conditions before gambling on sports, including the small print attached to your preferred deposit options.

Keep reading as we introduce you to the most popular payment methods for online gamblers worldwide. Each account is available today, meaning you can sign up and pair your payment card with your betting account.

CleanShot 2024 02 02 at 07.42.07 Tech in Sports: From VAR to Payments

Credit and debit cards

Credit and debit cards remain one of the most widely used payment methods in online gambling. The majority of online casinos accept cards like Visa, Mastercard, and Maestro.

The convenience, widespread acceptance, and ease of use make them a preferred choice for many players. Transactions are typically swift, allowing players to deposit funds instantly and start playing without delays.


E-wallets, such as PayPal, Skrill, Neteller, and ecoPayz, have gained immense popularity in the online gambling realm due to their speed, security, and user-friendly interfaces.

These digital wallets allow users to store funds securely and make transactions with ease. E-wallets often offer instant deposits and swift withdrawals, making them highly convenient for online gamblers.

Prepaid cards and vouchers

Prepaid cards and vouchers offer a secure and anonymous way to make transactions at online casinos. Services like Paysafecard and Neosurf provide players with the option to purchase prepaid cards or vouchers from physical or online stores and use them to deposit funds into their gambling accounts.

These methods are favored by individuals seeking enhanced privacy and controlled spending, as they do not require linking to personal bank accounts or disclosing sensitive financial information.


The rise of cryptocurrencies like Bitcoin, Ethereum, and Litecoin has led to their increasing acceptance as a payment method in online gambling.

Cryptocurrencies offer heightened security and anonymity, making transactions more discreet compared to traditional methods. Many online casinos now accept various cryptocurrencies, providing players with the flexibility to deposit and withdraw funds in digital assets.

Bank transfers

Bank transfers, though not as swift as some other methods, remain a reliable and secure option for online gambling transactions. Direct bank transfers or wire transfers involve transferring funds directly from a player’s bank account to the casino.

While they might take a bit longer to process compared to other methods, bank transfers are favored by players looking for a trusted and familiar payment option.

Choosing a payment method

When selecting a payment method for online gambling, several factors should be considered. Please don’t look for just one point from the below list but all. To be a worthwhile payment method, an account must tick all of these boxes.

Security: Prioritize methods with robust security measures to safeguard personal and financial information.

Speed: Choose options that offer quick deposits and withdrawals to enhance the gaming experience.

Fees: Be aware of any transaction fees associated with the chosen payment method, as these can impact the overall cost of gambling.

Accessibility: Ensure the chosen method is supported by the preferred online casino and is accessible in your region.

Each payment option listed on this page is secure, fast, free to use, and accessible using your laptop or smartphone.

**3rd Party Content**

This piece of advertorial content that was provided by a 3rd party, either paid or free. Latestintech.com has not reviewed all of the sites and URLs, nor the services advertised within this piece of content or that is linked to its website and we are not responsible for the contents of any such linked site, URL, or service. This advertorial is posted as is, provided by the advertiser.

The inclusion of any link does not imply endorsement by latestintech.com of the site or link. Use of any such advertised or linked website / service is at the user’s own risk and latestintech.com is not responsible nor liable. As always, for further information please read our Terms of Use.