PakistanSportsBetting.com is part of a national network of sports betting review
sites, which provide country-specific information to consumers about online sports
betting.
To get started betting on sports online, you’ll need to be able to deposit and then
withdraw your funds. Below I discuss the most accepted banking methods that allow
you to transact with your sportsbook of choice from Pakistan. Each of the six betting
sites that I list actually offers many more different methods than those listed below.
However, many of those unlisted methods have decided not to offer their transaction
services to Pakistani customers. Due to Pakistani sports betting laws, it is probably
best that you choose a banking method that acts as an intermediate layer between
the offshore sportsbook and your actual funding source. In this case, your actual
funding source would likely be a bank account or credit card based in Pakistan. While
you can use these directly with the betting site, your payment or transfer using
these banking methods would create a record of dealing directly with a sportsbook
company, which you may want to avoid for your own anonymity.
There is currently no impending issue in using these methods, nor any warning that
the card companies or banks would share this information with authorities. Despite
this, I would prefer you act on the safe side of things. When you use an intermediary
solution like an E-wallet, prepaid card solution or voucher solution, you will not
create a record with your Pakistani-based banking institution of dealing directly
with a sports betting service provider. Your record of transaction with your Pakistani
bank or credit card will only show that you dealt with your e-wallet account or bought
a prepaid card or voucher solution. As these solutions are used for many different
uses, not just sports betting, they are the safest options for you. As such, banking
options like Entropay, Skrill, Neteller and EcoPayz are all likely the most appropriate
ways to deposit or withdraw funds from your sportsbook account from Pakistan.
Credit Cards like Visa and MasterCard are accepted by every sportsbook in my list.
Depending on your credit card company, your deposit may be treated with sportsbooks
as cash advances, not purchases. This means that your transaction may be eligible
for interest charges from the moment of the transaction. Check to see if this is
in fact the case with your particular card if you wish to avoid these interest charges.
Maestro and Visa Debit and Visa Electron are considered “debit” solutions which
allow you to debit funds from your associated bank account, which avoids interest
charges.
Entropay is essentially a virtual Visa card which is prepaid - meaning there is no
credit check or application required. It allows you to pay instantly and privately
so that you don’t share your financial information with the betting service, and
your card statement won’t have a betting-related charge listed, but rather “Entropay”.
You can load your virtual Entropay Visa by using an actual credit card, your debit
card or with your bank transfer and funds can easily be paid back onto your Entropay
virtual Visa for transfer back to your original funding source. If your funding
source is a credit card, by using Entropay as the intermediary solution, you can
avoid potential cash advance interest charges that might be applicable in your jurisdiction
as your transaction with them will be treated as a purchase, not a cash advance.
Entropay is available in Pakistan.
Credit cards, debit cards and prepaid credit card solutions
E-wallet solution providers
Bank debit and transfer solutions
Bank Wire Transfers are available at most sportsbooks and in almost every country
of the world for transfer to sportsbooks. Wire transfers may take a little longer
to settle as a transaction but this method generally allows for extremely high limits
and is thus very good for high rollers.
Skrill, Neteller and EcoPayz are e-wallet solutions. An e-wallet allows for online
payments and money transfers. With them, you can link a credit card or bank account
as a funding source to deposit money into your sportsbook account, or conversely,
use them to withdraw winnings. The benefit of these e-wallet providers is that they
allow you to move money electronically for very low fees, in very little time. Depositing
money is nearly instantaneous, and withdrawals are often processed within 48 hours
at most sportsbooks, sometimes, within 24 hours.
An additional benefit of some of these e-wallets is their ability to allow you to
access their service from your smartphone or mobile device. Additionally, most of
these e-wallet providers allow for transaction sizes large enough to accommodate
the needs of almost every bettor. Skrill, Neteller and EcoPayz are available for
use in Pakistan.