Owned by Amazon, Amazon Pay is one of the world's most used online payment methods for buying goods from online merchants, but of late, it has also joined the growing list of online payment methods for sports betting.
This article will take a closer look at Amazon Pay, how to use it for sports betting, and answer three key questions:
- Where to find the best Amazon Pay betting sites?
- How to use Amazon Pay for online betting?
- What are the pros and cons of Amazon Pay?
List of the Best Amazon Pay Bookies
Amazon Pay is a very popular online payment solution. While it's primarily used to buy goods from online merchants, it is also a possible solution for bettors to deposit and withdraw money from their betting accounts with secure transactions and quick deposit and withdrawal time.
Not only is it one of the available payment options, but Amazon Pay is also a very popular method among gamblers and bettors, primarily because so many sportsbooks accept it. But while there are plenty of bookmakers to choose from when deciding where to start online betting with Amazon Pay, we must know where to find the best sportsbooks.
|Reputation||When looking for top Amazon Pay bookmakers, it's important to check the sportsbooks' reputation and prefer well-established betting sites with a long history of serving customers and providing a solid betting experience.|
|Safety & security||Even though security often goes hand-in-hand with a good reputation, it can't be overstated how important it is to only register with legal and safe Amazon Pay betting sites. To do so, we have to ensure that they have a valid betting license, which will be displayed in the footer of the front page, with the license number and logo of the licensing body.|
|Good odds||Good odds are another key feature when searching for the best betting sites that use Amazon Pay. Better odds lead to higher profits, so we should prefer bookmakers with competitive prices.|
|Market coverage||Likewise, it's important to check the bookmaker's market coverage. A good Amazon Pay betting site should have good coverage of any sport and league, allowing you to bet on whatever you like and however you desire.|
|User experience||A functional website and app are not to be ignored either. The best Amazon Pay betting sites should offer a solid user experience with a stable platform, user-friendly interface, and responsive website.|
|Customer support||Customer support is an often overlooked feature as important as any other factor we listed. Not only is solid customer support a good indication of the sportsbook's quality, but it also ensures that any problem you might encounter while using the bookmaker will be resolved quickly and efficiently.|
If you find an Amazon Pay betting site that checks those marks, it's highly likely a good place to start. But it's important to note that having accounts with multiple bookmakers is much more advantageous, as this is the only way to access the best odds through line shopping.
Make an Amazon Pay Deposit and Claim Your Bonus
Every sportsbook in 2023 will have some bonuses and promotions since it's become almost mandatory that all do. And while the actual number of the bonuses and their quality will vary, it's safe to say that every modern betting site at least has a joining bonus, also known as the welcome bonus.
The welcome bonus is a deposit-related bonus created to attract new bettors to the platform. The bookmakers offer them to new customers who don't have an account with the sportsbook yet, and they're typically offered as a matched deposit bonus.
The matched deposit joining bonus is very simple – the sportsbook matches your deposit to a certain percentage and gives you free wagering cash. A 100% matched deposit bonus would mean that a $100 deposit would result in $200 being added to your betting account. But there are some terms and conditions that come with it.
Amazon Pay betting sites will have a minimum and maximum limit for the joining bonus, which is wise to pay attention to. Moreover, all sportsbooks will have rules regarding which payment methods will count for a qualifying deposit. Luckily, Amazon Pay deposits are usually accepted as a qualifying deposit, meaning that those who deposit with Amazon Pay to grab the welcome bonus can do it without any issues.
It also applies to all Amazon Pay gambling sites, such as casinos – which regularly have the joining and reload bonuses available, like sportsbooks.
How to Use Amazon Pay for Betting
Amazon Pay for online betting is straightforward and no more complicated than any other popular payment method.
First, you must set up an Amazon Pay account from the official Amazon website and link it to your bank account or credit card. From there, you can pay millions on online merchants and make deposits/request withdrawals on any international sports betting site.
Regarding convenience, Amazon Pay is up there with the best payment methods, and it doesn't take much time to set up an account. So the only thing Amazon Pay bettors should be careful of is to use the best sportsbooks for the job.
The best Amazon Pay betting sites must be safe and legit, have a good reputation, solid online reviews, decent market coverage, competitive odds, and preferably great bonuses.
What Is Amazon Pay
One of the biggest reasons Amazon Pay has become so popular is its integration with nearly all online merchants, and it wasn't long before Amazon Pay was also accepted as a valid payment method on online betting and gambling sites.
From the world's biggest sportsbooks to casinos and other Amazon Pay gambling sites, there aren't many sportsbooks where you can't use Amazon Pay as a deposit and withdrawal option. Besides its popularity and accessibility, Amazon Pay has many security measures that protect your money and personal information, including 2FA and buyer protection. Still, you must do your part in using only top Amazon Pay bookmakers, which are legit and safe, to ensure all your money and personal information stay safe.
Making Deposits with Amazon Pay
Making a deposit with Amazon Pay is very simple, and it doesn't take longer than a minute to complete, assuming you already have an Amazon Pay account set up. If not, you must visit the official Amazon website and set up the payment account.
With an Amazon Pay account created, there are just a few steps you have to take to fund your betting account.
- Login to the sportsbook where you want to make an Amazon Pay deposit.
- Navigate to the banking tab and select “deposits.”
- Pick Amazon Pay as your preferred payment method.
- Input the asked details and the desired amount.
- Complete the transaction.
- Verify the transaction on the Amazon Pay app.
- Money should appear in your betting account within a couple of minutes.
It's important to note that the first Amazon Pay deposit will require you to provide full details of your Amazon Pay account. However, all subsequent deposits require you to verify the payment through the 2FA verification.
Requesting Withdrawals with Amazon Pay
A big advantage of Amazon Pay compared to other payment options is that it allows bettors to withdraw funds from their betting accounts.
And the process is just as simple as making a deposit.
- Login to your Amazon Pay bookmaker.
- Navigate to the banking tab.
- Select “Withdrawals.”
- Pick Amazon Pay as your preferred method.
- Input the desired amount and complete the withdrawal.
Amazon Pay withdrawals are usually processed instantly and should appear in your Amazon Pay account within a few minutes. If they don't, or you find the withdrawal is not working, you should contact the sportsbook's customer support to resolve the problem.
It's also wise to remember that top Amazon Pay bookmakers or Amazon Fire sports betting sites won't allow you to withdraw money without completing the Know Your Customer (KYC) verification. And since the KYC can take a few business days, you should complete it as soon as you sign up for the sportsbook, which will speed up the withdrawal time once you're ready to cash out.
Fees and Limits
A big reason why Amazon Pay is so popular among sports bettors and why so many people use Amazon Pay gambling sites is that this payment option comes with no additional fees. Even though there are always transaction fees, regardless of which payment option you use, those fees will be paid by the sportsbook or online casino and not the user.
That said, the service has some fees, namely the authorization fee, which comes to $0.30. Moreover, Amazon Pay has cross-border and domestic processing fees, which come at 3.9% and 2.9% of the transaction.
Moreover, Amazon Pay has a daily transaction limit of approximately $1,100, mainly as another security measure. And even though limits can be a problem for some bettors, most casual bettors who don't need to deposit more than $1,100 a day won't be affected.
Countries Where Amazon Pay Can Be Used for Sports Betting
Amazon Pay is a global payment solution available in nearly every country. However, while Amazon Pay is most popular in the US, it unfortunately can't be used to deposit money on US sportsbooks.
As per Amazon's rules, US residents can't use Amazon Pay for any gambling business, which includes sports betting and gambling. Other countries are far more lenient in that regard, which explains why Amazon Pay is so popular among bettors in:
Accepted Currencies for Amazon Pay
Amazon Pay is an excellent payment solution for international sports betting, mainly because it's accepted by many bookmakers worldwide. But also because it accepts a wide range of currencies, which makes it a great choice for most bettors regardless of where they live.
Some of the most notable currencies that can be used with Amazon Pay on sportsbooks that accept Amazon Pay include US Dollar, Euro, Canadian Dollar, and British Pound.
Amazon Pay Betting Apps
Betting with mobile devices is becoming increasingly popular, and as of 2023, some estimates betting through mobile phones will become the number 1 way to gamble. So, it is no surprise that nearly all bookmakers offer their customers a way to bet with their mobile devices.
Unfortunately, some are still content with offering just a mobile website. Still, for the best and most convenient method for mobile betting, mobile bettors should consider using Amazon Pay bookies with a mobile app. Fortunately, many do.
One of the big reasons Amazon Pay betting on mobile apps is so popular is the convenience the apps provide. They come with all the features you would find on Amazon Pay betting sites' desktop websites, and they also offer a way to bet on the go, anytime and anywhere.
Although not as commonly known, mobile apps often come with exclusive app bonuses and promotions. Admittedly, not all bookmakers will have app-exclusive bonuses, but some of the best Amazon Pay betting sites will, and that alone is a very good reason to consider online betting using Amazon Pay via a mobile betting app.
Amazon Pay Alternatives for Betting Online
Amazon Pay is a great payment method for online betting, and since so many bookmakers accept it, it's not tough to find betting sites that take Amazon Pay. However, while it has few flaws, Amazon Pay might not be a viable option for some punters, so it's wise to know the best alternatives.
Thankfully, bettors can use many payment options, so finding an alternative payment method for Amazon Pay is not tough. Some of the most notable include:
- Skrill – One of the world's most popular E-wallets, accessible in nearly every country and usable for buying online goods and as a deposit and withdrawal method on betting sites. It comes with low fees, fast transactions, and high security, everything a sports bettor would want in a good payment solution.
- PayPal – is one of the most accessible and biggest E-wallets in the world, accepted by nearly all online merchants. PayPal offers very fast transactions in any currency and is extremely safe. Unfortunately, PayPal is not as welcomed by bookmakers as some other payment methods, which might make it a non-optimal payment method for some.
- Crypto payments – Over the last half a decade, crypto payments have slowly become accepted as the future of money transfers, and it didn't take long before most online merchants accepted crypto. Offering fast, secure, and anonymous transactions, crypto is the perfect solution for sports bettors who want to keep their betting activity under the radar – the only issue is that some of the biggest sportsbooks don't accept crypto.
How to Stay Safe When Betting with Amazon Pay
Amazon Pay is a very secure payment method, offering all the security measures you would expect from one of the biggest companies in the world. However, while Amazon does an excellent job in offering a safe experience for anyone using sports betting sites that accept Amazon Pay, we also have to do our part in keeping ourselves safe.
- We must only use the best Amazon Pay betting sites, which are legal and secure, meaning they have a valid betting license and are protected with SSL encryption and other security protocols.
- Likewise, we must ensure that we use safe mobile betting apps and only download them from reputable sources – preferably directly from Amazon Pay gambling sites.
- Being cautious of phishing emails is another important thing to keep in mind. Scammers will regularly want to trick you into revealing sensitive information, using emails that closely resemble the official email of Amazon Pay betting websites – but remember, no Amazon Pay sports betting sites will ever ask you for any sensitive information.
- Amazon Pay has a Two-Factor Authenticator, which every bettor should consider using. Even though it will make logging into the account a couple of seconds longer, 2FA authentication is one of the best security measures we can take to keep our money and personal information safe.
- Lastly, it's wise to regularly update your password and use a secure and preferably unique password for Amazon Pay.
New Bookmakers That Accept Amazon Pay
Due to its popularity as a Payment method for online purchases and as a deposit and withdrawal method among sports bettors, it's no surprise that most sportsbooks accept Amazon Pay, mainly to cater to its huge user base.
And while some older sportsbooks only add Amazon Pay as a valid payment method, most new sportsbooks will have Amazon Pay from the get-go. It allows Amazon Pay punters to pick between any new sportsbook and have no issues funding their accounts; however, there are a few things to know about new betting sites.
Since new bookmakers don't have any reputation and have not been around long enough, it's highly advisable to check which company is behind it. Some companies that previously ran shady bookmakers can quickly open a new one, and those are best left alone. Conversely, established betting companies often expand their reach with new betting sites that are typically safe.
When looking for the best Amazon Pay bookies, we must ensure that the new bookmakers have adequate coverage of betting markets and competitive odds. If a bigger gambling company owns the new bookmaker, this won't be an issue; however, new sportsbooks often struggle with offering solid market coverage, which is an issue.
Even though there are some things to keep an eye on when selecting which new Amazon Pay bookmaker to use, the majority are a good choice. You need to know where to find them.
Is It Worth Using Amazon Pay for Betting Online?
Sports bettors should value efficient and secure payment methods, which come with an option to withdraw money with little to no withdrawal charges, which explains why so many choose to start online betting with Amazon Pay.
Its user-friendly platform and helpful features put Amazon Pay among the best companies offering secure and safe payment solutions for bettors. However, Amazon Pay has advantages and disadvantages, like any payment option.
How to Set Up an Amazon Pay Account
Before we can start using Amazon Pay bookies, we have to set up an Amazon Pay account. But this is a very simple process that shouldn't take longer than a couple of minutes and can be completed in five steps.
- Visit Amazon.com and login to your account.
- Open “more options” and select “new customer.”
- Provide the asked details, including full name, date of birth, address, and email address.
- Provide details of the credit card or bank you intend to use through Amazon Pay.
- Verify the account and ensure that all your information is accurate.
With the account set up, you can start using Amazon Pay to deposit to an account on any website that offers online betting using Amazon Pay, including any online casino or gambling site.
Amazon Pay Overview
Before we end our article on Amazon Pay and betting with Amazon Pay, here are some interesting facts about the payment service you might not know about.
- Amazon Pay can be used for sports betting in the Netherlands, Portugal, Spain, Switzerland, Italy, and Germany.
- Amazon Pay accepts many currencies, including the US Dollar, Canadian Dollar, Euro, and British Pound.
- Amazon Pay supports most languages, including French, English, German, Spanish, Portuguese, and Japanese.
- Some of the best Amazon Pay alternatives for online betting are Skrill, PayPal, crypto payments, and credit/debit cards.
- The best and most popular legal bookmakers accepting Amazon Pay include 22Bet, Stake, BetWinner, and Xbet.
It concludes our article, where we explained everything there is to know about Amazon Pay, how to use it, its pros and cons, and how you can use Amazon Pay for online sports betting and gambling. Equipped with all that knowledge, you are now ready to find the best Amazon Pay betting sites, set up an account, and start betting – but remember never to spend more than you can afford to lose and be aware of the dangers of gambling addiction.
Frequently Asked Questions
What is Amazon Pay?Amazon Pay is a free payment service used on most online merchants and as a deposit and withdrawal method on online betting sites.
How does Amazon Pay work?To use Amazon Pay, you must first set up an Amazon Pay account on the official Amazon website and connect it with your bank account. Once connected, Amazon Pay is a payment processing tool that transfers money from your bank account to the vendor.
Can I use Amazon Pay for online betting?Yes, Amazon Pay can be used as a deposit and withdrawal method for online betting and online casinos. However, this has limitations, as Amazon Pay can't be used for sports betting in some countries.
Is Amazon Pay safe?Amazon Pay is a very safe payment option, offering fast and secure transactions. It comes with additional security measures, including buyer protection and two-factor authorization.
Are Amazon Pay Deposits Instant?Amazon Pay processes all payments instantly; bettors can expect their deposits to show up within a few minutes. The average wait time will vary and will entirely depend on the sportsbook you use.
Can I claim withdrawals to Amazon Pay?Yes, Amazon Pay can be used as a deposit and withdrawal option on online betting sites; however, it's worth noting that not all bookmakers will allow Amazon Pay withdrawals.
What are the fees to withdraw via Amazon Pay?Bookmakers charge no withdrawal fees with any payment option, including Amazon Pay. However, Amazon Pay will charge transaction fees of 3.9% and 2.9% of the transaction amount.
Is there a limit on my Amazon Pay transactions?Yes, Amazon Pay has a daily transaction limit of $1,100. However, at $1,100, the daily limit likely won't affect the majority of punters who decide to use Amazon Pay for their betting needs.
How can I find out if an online betting site accepts Amazon Pay?The best and easiest way to find out which betting site accepts Amazon Pay as a deposit method is to check the sportsbooks' FAQ or deposit rules, which lists its available payment options. Alternatively, you can visit the bookmaker's cashier section and see payment options.
Which currencies are supported by Amazon Pay?Amazon Pay comes with multi-currency support as it is a global payment solution. Some of the most used currencies include the Australian Dollar, Canadian Dollar, US Dollar, British Pound, and Danish Krone.