This site contains affiliate links. 18+. Chances are you're about to lose. For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au. Affiliate Disclosure

Payment Methods for Australian Betting Sites

7 deposit and withdrawal methods compared across 62 licensed bookmakers. Updated April 2026.

Full Comparison Table

MethodDeposit SpeedWithdrawal SpeedMin DepositFees
PayIDInstantSame day to 24h$5-$10Free
Visa/MastercardInstant1-5 business days$5-$10Free deposits
POLiInstantNot available$10Free
PayPalInstant24 hours typically$10-$50Free at most bookmakers
Apple PayInstantNot available$5-$10Free
Bank Transfer1-3 business days1-5 business days$10-$20Free
BPAY1-2 business daysNot available$10-$200Free

Which Payment Method Should You Use?

Fastest Deposits

PayID, Visa/Mastercard, POLi, PayPal, Apple Pay all process deposits instantly. For the fastest possible experience, PayID is the standout choice as it also offers same-day withdrawals.

Fastest Withdrawals

PayID, PayPal offer the fastest withdrawal times. For instant access, some bookmakers like Ladbrokes offer branded Mastercards. See our withdrawal speed tracker for bookmaker-by-bookmaker data.

Most Widely Accepted

Visa/Mastercard and bank transfer are accepted at every Australian bookmaker. PayID support is growing rapidly and available at most major operators.

Best Security

Apple Pay offers biometric authentication (Face ID/Touch ID). PayPal adds an extra security layer between your bank and the bookmaker.

Payment FAQ

PayID, Visa/Mastercard, POLi, PayPal, and Apple Pay all process deposits instantly. PayID is our top recommendation because it also offers fast withdrawals.
Most bookmakers require you to withdraw to the same method you deposited with, or to a bank account in your name. This is an anti-money laundering requirement.
The vast majority of Australian bookmakers do not charge deposit fees for any method. Some banks may treat credit card deposits as cash advances, which incur fees from the bank (not the bookmaker).
Common reasons include: incomplete identity verification, first-time withdrawal checks, weekends/public holidays, and choosing a slower method like bank transfer. See our withdrawal speed tracker for typical times.
Compare Now →

🛒 My Shortlist