To make a deposit to bettings sites using Visa, bettors need to go through the following steps:
- Make an account on the betting site. Then, they need to find the Cashier option where deposits are made.
- For the next step, bettors need to input their credit or debit card information, such as the card number, expiration date, and the three-digit security code at the back of the card; either called CVV, CVC, or SPC.
- Once bettors proceed and authorize the transaction, the funds will reflect on their account sometime between a few seconds and 24 hours. Some betting sites will even send a confirmation email containing the transaction details and confirming that they've received your payment.
Another positive thing when it comes to depositing funds through Visa is that even when the chosen betting site offers wagering in a single specific currency, Visa will handle the conversion and transact in the currency of the cardholder.
As for the fees, some financial institutions may charge minimal fees, while betting sites may also have fees on their side. It would be best to do due diligence and research more about a betting site's fees so there will be no confusion or issues on the bettor's end. The limits for deposits actually depend on the bettor's chosen betting site. Deposit limits usually range anywhere from $1 to as high as $10,000.
Bettors can be eligible for a welcome bonus such as a free game, deposit bonuses, or reduced vigs on some sites when they deposit through Visa.