Virgin Bet is one of the most well-known websites that allow players to bet on their favourite virgin games such as tennis, football, hockey, darts, horse racing, golf, and others with minimum odds.
Not detailed paperwork or registration form is involved in betting on Virgin Bet.
The user can choose a deposit method and withdrawal method according to their requirements without any complexity.
Its easy-to-use interface makes it an obvious choice for betters worldwide.
This brief guide about the Virgin Bet payment methods can help you easily understand the possible options for depositing and withdrawing cash.
The wide range of deposit and withdrawal options makes it more popular among the masses.
- Depositing Funds in Virgin Bet Account:
- Changing the Deposit Method
- Minimum Virgin Bet Deposit Limit:
- Maximum Virgin Bet Deposit Limit:
- Available Payment Options:
- Minimum Withdrawal Amount:
- Maximum Withdrawal Amount:
- Credit and Debit cards:
- Withdrawal Time from Virgin Bet to Debit Card:
- PayPal as a Payment Method:
- Withdrawal Time from Virgin Bet to PayPal:
- Digital Currency:
- Monzo as a Payment Option:
- Apple Pay as a Payment Option:
- Withdrawal time from Virgin Bet to Apple Pay:
- Google Pay as a Payment Option:
- Boku as a Payment Option:
- PaySafe Card for Payment:
- Funds Transfer Through Trustly:
- Funds Withdrawal From Virgin Bet During Holidays:
- Restriction On Betting Accounts by Virgin Bet:
- Suspected Fraudulent Activity:
- Payment Methods Related Articles
Depositing Funds in Virgin Bet Account:
As a beginner, you need to create a betting account for depositing funds. Virgin Bet offer for beginners gives a welcome bonus of “Bet £10 and get £20 offer” to new members who are considered eligible for the offer according to the mentioned rules and criteria. The minimum deposit limit is £10 to qualify for betting.
- After signing up, log in to your Virgin Bet member account.
- Navigate to the “Deposit” tab and choose the preferred payment method.
- Select or manually type the amount you wish to deposit and press Enter.
- You will be asked to verify your Name, Address, and Date of Birth.
- After successful verification, instant deposits will be added to your betting account.
- Ensure the minimum deposit amount is not less than the specified limit.
Virgin Bet members can hold up to 5 debit or credit cards as payment methods on a single account.
Users must ensure that the entered card details are correct and that the linked account has sufficient balance.
Changing the Deposit Method
Members can change the Virgin Bet deposit methods at any time by selecting the “Add Method” or “Update Method” options in their accounts.
They do not charge for the funds’ deposit, but users should check with the service providers to ensure no additional charges are involved.
Virgin Bet is not responsible for additional charges on the service providers’ behalf.
Minimum Virgin Bet Deposit Limit:
Like other websites, the minimum deposit amount at Virgin Bet is £5.
But the users cannot bet with that amount and require a minimum of £10 for a single bet to qualify.
Maximum Virgin Bet Deposit Limit:
Virgin Bet allows users a maximum deposit of up to £20,000 through all payment methods.
The mentioned limit is for a day, and the user can deposit more funds after 24 hours.
Available Payment Options:
Virgin Bet accepts various payment methods, such as bank transfers and debit cards.
They also accept lesser-known payment methods such as Boku, predominantly used for gambling in casinos.
Multiple Virgin Bet withdrawal methods, including bank transfer, allow users to transfer money from the comfort of their homes.
But the users should provide accurate withdrawal details while placing withdrawal requests.
Minimum Withdrawal Amount:
The minimum withdrawal limit at Virgin Bet varies according to the chosen withdrawal method.
The minimum withdrawal amount through wire transfer is £5 per day and £10 for all other withdrawal methods.
It is recommended to check the withdrawal limit for your preferred payment method to avoid any confusion.
Maximum Withdrawal Amount:
All Virgin Bet payment methods allow a maximum withdrawal of up to £20,000 at a single time in a day.
The members can withdraw more after 24 hours if the maximum amount limit is reached.
Credit and Debit cards:
Virgin bet accepts debit and credit cards as payment methods. Both Visa and Mastercard are considered secure payment options for users.
Most customers also prefer it as it is considered one of the most secure and fastest payment methods.
The funds’ deposit is quick and hassle-free. The amount is instantly reflected in the user’s Virgin Bet dashboard.
Members can link up to 5 cards to a single betting account and remove any card by logging in.
Withdrawal Time from Virgin Bet to Debit Card:
Virgin bet takes almost 2-3 hours for funds to be transfer to UK visa debit cards. Mastercard will generally take 1-3 working days for payment processing.
Once the user has confirmed the transfer, they will be notified that the amount will be credited to the selected debit card in a couple of hours.
If the card gets declined for some reason, the amount will be transferred through the wire transfer to the user’s attached bank account.
This would take a couple of days but only happens in rare circumstances.
PayPal as a Payment Method:
Apart from debit and credit cards, PayPal is the most convenient and fastest payment method for members.
The user can quickly deposit or withdraw funds to the E-wallet without linking his bank account directly to the Virgin Bet.
Then members can choose PayPal as their preferred payment method in the Dashboard.
Make sure that the PayPal account is verified and that the PayPal name matches the Virgin Bet account name.
If the names on both accounts differ, then the payment will be declined due to security reasons.
The PayPal payment is processed immediately, and users do not have to wait long for funds to deposit into the Virgin bet account.
Withdrawal Time from Virgin Bet to PayPal:
The funds’ transfer from the Virgin Bet to a verified PayPal account takes approximately 3 hours. The funds are transferred to the same account used for the deposit.
Paypal accepted transfers include bank and other e-wallets. Paypal withdrawal allows users to withdraw funds using a card or bank transfer.
With the rising popularity of virtual currency, users often ask whether digital currencies like Bitcoins, Ethereum, Binance Coin, and others can be accepted as payment methods by Virgin Bet.
Unfortunately, Virgin Bet is not accepting digital currency as a payment method, but this may change soon.
Keep checking the official website to know about the latest developments in Virgin Bet’s payment options.
Monzo as a Payment Option:
Monzo is a well-reputed online bank based in the United Kingdom. It is one of the earliest banks to facilitate its customers by introducing application-based banking.
Monzo is among the most trustworthy banks in the UK and is well known for its exceptional customer support.
The users wishing to deposit funds using cryptocurrency can collaborate with Monzo bank as they accept digital currency as funds.
Once the digital currency is deposited into the user’s bank account, they can transfer that fund to the Virgin Bet account through a linked Monzo debit card.
This facility of transferring virtual currency to real funds makes Monzo a convenient option for Virgin Bet customers who want to pay through cryptocurrency.
But this method is not hassle-free like others because multiple channels are involved in depositing funds into the member’s Virgin Bet account.
Apple Pay as a Payment Option:
Virgin Bet accepts Apple pay as a payment method for depositing and withdrawing funds.
The members can bet online using iPad and iPhones without linking their bank accounts. All transactions can be made through Apple pay without any additional charges.
The Virgin Bet Live Sports Betting app was rated among the best online bookmaker app in December 2022.
Its popularity with Apple users makes Apple pay a preferred choice for members for depositing and withdrawing funds.
Withdrawal time from Virgin Bet to Apple Pay:
It generally takes a couple of hours to withdraw funds from the Virgin Bet account to the Apple pay wallet.
Apple Pay may require additional verification to transfer funds for the first time.
The withdrawal request is processed after the user’s identity verification.
Google Pay as a Payment Option:
Virgin Bet allows funds transfer through Google Pay for the convenience of android users.
The extra layer of security verification makes it as secure as other Virgin Bet deposit methods.
It takes 2-3 hours for the funds to be reflected in the user’s account.
Boku as a Payment Option:
Boku is an online transaction platform that allows customers to pay through mobile wallets and carrier billing.
After the user requests a payment, an SMS is sent to their mobile number, asking them to confirm the transaction.
Upon confirmation, the transaction is processed.
Boku is widely used for payments in online casinos, which make it convenient for betters to transfer the amount from the casino to the Virgin Bet account without using any other financial channel.
PaySafe Card for Payment:
Virgin Bet facilitates the voucher holders by allowing payment through a PaySafe card.
No additional bank details are required, and the members can process the transaction by simply entering the PaySafe card number.
The deposit amount will be added to the member’s Virgin Bet dashboard.
Before entering the details, ensure your PaySafe card is registered in an authorized country. The authorised countries are:
- Czech Republic
- United Kingdom
Direct bank transfers can be done for users who don’t have registered PaySafe cards.
Funds Transfer Through Trustly:
Trustly is a well-known open-banking online payment option that allows customers to make online payments through a card or online application.
Virgin Bet allows its users to transfer funds to their accounts through Trustly.
There has been some controversy in the past about data breaches of users.
However, Trustly is still a secure transaction method used by major platforms, including PayPal, Alibaba, Facebook, and eBay.
Funds Withdrawal From Virgin Bet During Holidays:
Unlike normal working days, where payment is processed within 24 hours, withdrawal transactions in holidays would be delayed as banks only process the amount during working days.
However, Virgin Bet to PayPal withdrawals remain unaffected and follow the normal schedule.
If you wish to withdraw money during holidays, select the withdrawal option other than the bank transfer for instant Virgin Bet withdrawal.
Restriction On Betting Accounts by Virgin Bet:
Virgin Bet has the right to restrict the member’s account if they suspect foul play.
Having more than one account is not allowed and may lead to an immediate account restriction.
They may also restrict the account if the user tries to withdraw money in huge amounts.
Virgin Bet may also restrict the deposit and withdrawal limit if any rule is violated.
They also have the authority to restrict the maximum withdrawal limit or restrict bet credits in case of any suspected fraud.
Suspected Fraudulent Activity:
If any transaction is made by bank transfer on the Virgin Bet account without the user’s permission, then they need to immediately alert Virgin Bet’s team.
The users can contact the team by phone, live chat, or email to report any unauthorised Virgin Bet withdrawal.
The contact details are following:
Contact No. 0808 169 7700
Email: [email protected]
Users are further advised to contact the Action Fraud Department and obtain a crime reference number by providing the payment details. They should then contact their bank or service providers to cancel the cards to avoid subsequent deposits.
The bank will further collaborate with Virgin Bet’s officials to resolve the issue.
Virgin Bet is not responsible for refunds or reimbursement of the deducted amount.
The bank will primarily review all the investigations and be responsible for the reimbursement.
Virgin Bet facilitates its customers by providing multiple withdrawal methods for funds transfer.
After reading this guide, you may wonder which option is best for you.
There is no right answer to that. All Virgin Bet withdrawal options are feasible for users depending upon their requirements.
The Virgin bet deposit options can be changed anytime from the member’s dashboard.
Virgin Bet withdrawal time for bank transfer is 2-3 working days compared to the other payment methods, which require less time for the payment transfer.
Check for the card’s validity with your Service provider if you are betting outside the UK. If the accepted payment method is not allowing the deposit and withdrawal of funds, then contact your bank.
Gibraltar gambling commissioner encourages people to bet responsibly on their favourite sports, including horse racing. It is advised to bid cautiously without going overboard to enjoy the monetary benefits. Don’t take unnecessary risks to avoid financial crises, as mentioned in the Aussie rules by the gambling commission.
Virgin Bet also encourages its members to seek help from Gambling therapy if they are experiencing disturbances in their lives due to gambling or betting.
Hopefully, the Virgin Bet review has provided insight into the accepted payment methods.
The official Virgin Bet website can provide more information about available deposit methods.
Feel free to contact customer support if there is any issue with the withdrawal request or if you need more information about Virgin Bet withdrawal methods.
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