PayID Betting Sites Australia

PayID is a payment method which is growing in popularity around Australia, and more and more betting sites are choosing to offer it for deposits and withdrawals. On this page, we take a look at PayID betting sites in Australia, why we like them, and dive into the pros and cons of this payment method.

A PayID betting site is, as you may have guessed, quite simply a betting site with PayID. All betting sites have a range of different payment methods for depositing and withdrawing – some will simply offer debit/credit card and bank transfer, while others have seemingly every option under the sun.

PayID is not the most common payment method out there, but there are plenty of people who value its ease of use and a lot of betting sites that do offer it as a result. PayID basically provides you with a unique identifier which you can send and sometimes receive money straight from – so rather than sending cash using a lengthy BSB and Account Number, you simply need this identifier.

Some PayID betting sites will have it set up for both deposits and withdrawals, while some have it only for deposits. Generally, if you find a betting site with PayID, they’ll have a betting app with PayID too, enabling you to quickly and easily deposit and/or withdraw from the comfort of your mobile device. 

So whether it’s AFL betting, NRL betting or horse racing that you’re looking to punt on, PayID is an option which is certainly worth looking into if it’s available with your preferred bookmaker.

As with every payment method, PayID has its advantages and disadvantages, and below we take a look at some of the most notable of each of those.

👍 PayID Betting Sites Advantages

• Secure way to make a payment: PayID is a legitimate payment method which was initially introduced to minimise incorrect payments and reduce fraud, so you can be sure that it’s a secure way to send and receive money
• Instantaneous: If you are looking to fund your betting account on the spot, then PayID betting sites can be a good option as the money will land there immediately.
• Simpler than regular transfers: Since you only need to input a single identifier, rather than memorise a name, BSB and account number, PayID essentially does the work for you, locating where you are sending the money based on that identifier.

👎 PayID Betting Sites Disadvantages

• Not universally available: Though PayID is a simple and safe way of making payments and there is an increasing number of PayID betting sites out there, it’s still not available with every bookie.
  
• May confuse some users: Though PayID is a really simply way to send and receive money, it is a method that many are unfamiliar with, and some may be more comfortable simply sticking to what they know.

As with everything there are pros and cons to PayID betting sites. For most users, the above advantages should clarify that this is a simple, safe and effective way to fund your betting account. 

Using PayID is super simple, and while the first time you do it might take slightly longer than a normal debit/credit card transfer or whatever it is that you usually use, once you’ve done it once it should take no more than a few seconds to get it done in future. To deposit at PayID betting sites using this method, simply follow the below steps.

1. Head to your chosen PayID betting site
2. Log in to your account and click on ‘Deposit’, or head to the payment methods page
3. Select the PayID option and locate that PayID betting site’s unique PayID identifier
4. Copy that unique identifier
5. Head to your bank website or app and follow the relevant prompts to send money, as you would when sending money using any method, then select PayID
6. Paste the previously copied PayID betting site identifier into the relevant box, enter the amount you wish to deposit, and voila – your money will be instantaneously moved into your betting account

Apps in general have blown up over the past few years, with virtually every business imaginable packaging up whatever it is that they offer and making it easily accessible on a smartphone. Betting sites are no different, and what was once something you would only find with a very select few bookies is now available with virtually all of them.

Betting apps enable you to bet on the go, removing the need for you to be on a computer and allowing you to access betting sites from wherever it is that you are – all you need is reception. Betting apps generally offer everything that you’ll find on a betting site, including every market, customer support, and of course, deposit and withdrawal options.

This means that if the bookie you’re using has PayID available, they will have a betting app with PayID. This can be particularly useful if you do your banking via a mobile app too; since you need to copy across the unique identifier from your phone to your banking platform, doing everything on your phone makes this super easy.

If you happen to have your computer open and do your banking in this way, then betting apps with PayID can still be useful. In this case, it’s simply a matter of typing out the identifier from your phone onto your banking platform on your computer, which should only take a few seconds.

Betting apps in general have become an extremely popular way to bet in recent years, and when these are betting apps with PayID they provide you with a really simple way to deposit from your mobile device.

There are plenty of different payment methods that you can find on betting sites in Australia, some more common and some less common than PayID. As with PayID, each of these have their pros and cons, and in this section we take a brief look at some of them.

• Debit card betting: Debit/credit card is the most common and perhaps straightforward method of payment. You will find this available on just about every betting site, and using it simply requires it to input your card details and verify it on one occasion, after which you can use it to deposit immediately whenever you want.
• Bank transfer: Bank transfer is the second method of payment which is pretty universally available on Australian betting sites. This is more commonly used for withdrawals rather than deposits, with the money taking usually anywhere from a few hours to a day or two to reach your account. Often you can use it to deposit too, though most prefer the instantaneous methods like debit/credit card.
• PayPal Betting: PayPal has been a trusted payment method for many years, and while it’s not available with every betting site, it is one of the more common options behind the above two. Using it simply requires you to have money in your PayPal account from which you can directly deposit into your betting account, while you can also withdraw from your betting account to your PayPal one too.
• POLi: POLi is an online payments service which operates in Australia and New Zealand. This allows you to make direct payments to your betting account from your bank account in much the same way you would a bank transfer, but the funds will be in your betting account instantaneously using this method.
• Apple Pay Betting: Apple Pay is another popular alternative payment method, which, as you may have guessed from the name, is ideal for users of other Apple devices such as an iPhone. ApplePay is built into Apple products such as iPhones and Macs, enabling you to simply add your card to the ApplePay function and then quickly and securely pay in this way. The number of Apple Pay betting sites is growing, and while not every betting site offers it as an option, once a bookie starts offering payment methods beyond simply debit card betting deposits and bank transfers, there is a good chance they will have it available. 
• BPay: BPAY betting in Australia is a secure and reliable way for punters to deposit their betting account from their bank account. Since BPAY is such a widely used bill payment system, it allows money transfer via online banking by just entering a biller code and reference number from the bookmaker.
• Google Pay: Google Pay betting is a new payment method that offers punters a fast and secure way to fund their betting accounts. Google Pay is an Android-based service, and it offers simple transactions by linking a debit or credit card to the app, thus enabling fast and convenient payments.

Below, we answer some of the questions that we most often get asked about PayID as a payment method, and the betting sites and betting apps with PayID.

Overall, PayID is a really straightforward and secure way to transfer and receive money whatever it is that you are doing, and betting is no different. The main issue with this form of payment is that there are still plenty of bookies that don’t offer it, but the number of betting sites with PayID is growing rapidly and plenty of the biggest players in the industry now offer it. If you’re familiar with this payment method or keen to give it a try, take a look at our list of PayID betting sites at the top of the page.