Betonline Deposit Options

26 December 2023
Last modified: 25 January 2024
Betonline Deposit Options

Are you in Uganda looking for a safe place to place bets on your favorite sports team, or want to try your luck at an online casino? BetOnline is the place for you. As one of the top online gambling sites, the platform offers a variety of exciting games and betting options. But before you can start playing, you’ll need to have some money in your account. Don’t start thinking this will be a long and drawn-out process. The sportsbook has made it easy for everyone to fund their betting account. However, choosing the right one for you can be overwhelming with so many payment methods. In this guide, we’ll break down the different options to put money into your account so you can confidently make your first deposit and start winning big. 

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About BetOnline

BetOnline, which originated as a modest Costa Rican bookmaker accepting phone wagers in 1991, has evolved into a worldwide gambling phenomenon. The platform has much to offer punters, from a sportsbook with rare markets like Horse racing to a bustling online casino with many games. The platform is known for its user-friendly interface, making it easy for beginners and experienced players to navigate. BetOnline also prides itself on its exceptional customer service, promptly addressing any questions or concerns. With a license from the Panama Gaming Board, Ugandan players can feel safe in this sportsbook. 

Want to learn more about all the sportsbook has to offer? Read our full BetOnline review

BetOnline Deposit Methods in Uganda

BetOnline Deposit Methods in Uganda

When depositing BetOnline in Uganda, you’ll be glad to know that various convenient methods are available. Whether you prefer traditional options or the latest digital wallets, there’s something for everyone. The company is aware that making funding your account easy makes the experience for players better. 

The platform has a lineup of methods to get money into your account that is very inclusive. 

Visa: One of Uganda’s most popular payment methods is a Visa or Mastercard credit card. This lets you quickly and securely fund your account with your preferred currency. 

Cryptocurrencies: If you prefer to keep things more anonymous, you can use digital coins to make your transfer. These digital currencies offer fast and secure transactions, with the added benefit of lower fees compared to traditional methods. The available coins include:

  • Bitcoin (BTC)
  • Binance Coin (BNB)
  • DogeCoin (DOGE)
  • Cardano (ADA)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Polygon (MATIC)
  • Solana (SOL)
  • Shiba Inu (SHIB)
  • Stellar (XLM)
  • Tether (USDT)
  • Tron (TRX)
  • USD Coin (USDC)
  • Avalanche (AVAX)
  • Bitcoin Cash (BCH)

Wire Transfer: This lets you get money directly to your bank account

Person to Person:  P2P transfers are international money transfer systems designed for individuals to send funds to each other.

Money Order: is also an option for making transactions on BetOnline in Uganda. This method allows you to send a physical payment through the mail, providing a secure and reliable way to fund your account.

What Is the Minimum Deposit at BetOnline?

When starting your online gambling journey with BetOnline, you may wonder about the minimum deposit required to get in on the action. Well, we’ve got the answers for you! The minimum payment amount at BetOnline varies depending on your chosen payment method.

For cryptocurrencies, the min. amount to fund your account is $20 (~74999 UGX). For wire transfers, it is $500 (~1874982 UGX).  If you prefer a Money order, you must deposit at least $300 (~1124989 UGX). More of a P2P user, you will give $100 (~374996 UGX) upfront. 

How Do I Deposit Money Into My BetOnline Account?

How Do I Deposit Money Into My BetOnline Account

Depositing into your BetOnline account is a straightforward process. Follow these step-by-step instructions to deposit money and start betting on your favorite sports.

Create an Account With Betonline 

Begin the enrollment procedure by accessing the official website of BetOnline. Initiate the registration process by clicking on the conspicuous “Join” tab, furnishing the bookie with the requisite personal data as required, and ensuring that all mandatory fields are correctly completed. Input your full name, date of birth, email address, and phone number, and create a secure password. To finalize your enrollment, authenticate your email address by inputting the verification code sent to your inbox by the bookmaker.

Find the Section Dedicated to Deposits

Head over to the Cashier section of the online gaming platform.  It can be found in the top right corner of the home page once you have logged in. 

Select a Deposit Method

You must choose a payment option to top up your betting account. Fortunately, BetOnline provides Ugandan players with various dependable and well-known options. But before you decide, take a gander at the entire list.

Recharge via Crypto 

  1. Log in to your BetOnline account.
  2. Click on the “Cashier” tab.
  3. Select “Cryptocurrency” as your payment method.
  4. Choose the cryptocurrency you want to use.
  5. Enter the amount you want to transfer.
  6. Click on the “Deposit” button.
  7. You will be given a wallet address to send your cryptocurrency to.
  8. Send the cryptocurrency to the wallet address.
  9. Your deposit will be processed within a few minutes.

Via Credit or Debit Card

  1. Select “Visa/MasterCard” as your payment method.
  2. Enter the amount you want to deposit.
  3. Enter your debit card information.
  4. Click on the “Deposit” button.
  5. Your deposit will be processed immediately.

Via Person 2 Person 

  1. Select “Person to Person” as your payment method.
  2. Choose the P2P provider you want to use.
  3. Enter the amount you want to deposit.
  4. Click on the “Deposit” button.
  5. You will be given the contact information for the P2P provider.
  6. Contact the P2P provider and arrange to send them the deposit amount.
  7. Once the P2P provider has received the amount, they will notify BetOnline.
  8. Your payment will be processed within a few minutes.

Wire Transfer 

  1. Select “Wire Transfer” as your payment method.
  2. Enter the amount you want to deposit.
  3. Click on the “Deposit” button.
  4. You will be given the BetOnline wire transfer information.
  5. Contact your bank and initiate a wire transfer to the BetOnline account.
  6. Once the wire transfer has been processed, your deposit will be credited to your BetOnline account within 3-5 business days.

What Is the Standard Deposit Period at Betonline?

What Is the Standard Deposit Period at Betonline

When making deposits at BetOnline, you might wonder how long your funds can be credited to your account. The good news is that BetOnline aims to process deposits quickly, ensuring that you can start playing and betting on your favorite games as soon as possible.

The standard deposit period at BetOnline varies depending on the payment method you choose. For most payment methods, such as credit cards and cryptocurrencies, the deposit is usually credited to your account instantly.  However, wire transfer deposits could take 3-5 business days. 

BetOnline Deposit Limits

BetOnline Deposit Limits
OptionMinimumMaximumFees
Person 2 Person374,996 UGX2,249,979 UGX97,499 UGX to 191,248 UGX
Wire Transfer1,874,982 UGX37,499,650 UGX168,748 UGX(flat fee) and 3% of the payout amount.
Credit cards93,749 UGX9,374,912 UGX9.75% processing fee
Bitcoin74,999 UGX1,874,982,500 UGXNo fees
Other Cryptocurrencies74,999 UGX374,996,500 UGXNo fees

First Deposit Bonus

First Deposit Bonus BetOnline

On this platform, punters can access an array of exceptional bonuses that offer incredible value. Players can take advantage of a diverse range of deposit offers. These offers suit individual preferences and needs, ensuring every player can find a bonus that resonates with them. So why settle for less when you can benefit from the numerous bonuses? Choose the best deal that suits your needs and reap the rewards.

  1. For Sports Enthusiasts: They have an impressive 50% sports welcome bonus that can earn you an extra $1,000 (~ 3,800,000 UGX). All you need to do is deposit a minimum of $50 (~ 187,500 UGX) and wager your bonus funds x10 times to withdraw them. 
  2. Fans of Casino Games: You can get a massive $3,000 (~ 11,250,000 UGX) welcome bonus on your first three deposits. All you need to do is deposit at least $25 (~ 95,000 UGX) and meet the wagering requirement of x45 times to enjoy your winnings.
  3. Crypto Users: If you prefer to use crypto coins for your deposits, our 100% first Crypto reward is perfect for you. To double your deposit, you must recharge your account with a minimum of $ 20 (~ 75,000 UGX). 

Frequently Asked Questions

Can I use my BetOnline deposit bonus twice?
No, you can only use the bonus once.

Do I have to use the deposit method in my name only on my BetOnline account?
Yes, you must use the payment method in your name only on your betting account.

Can I add more than one debit card to my BetOnline account?
Yes, you can add more than one debit card.

Are cryptocurrency deposits available?
Yes, you recharge your account with more than 10 different digital coins.
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