19+ | Please play responsibly | Commercial Content | Terms and Conditions apply

PointsBet Payment Options: How to Deposit and Withdraw

Popular Australian-based sportsbook, PointsBet recently launched online sports betting operations for Ontario-based bettors. To bet on the site you will first be required to sign up for a betting account and then make a first deposit using one of 4 payment options. For more details about the PointsBet payment options, including a step-by-step deposit and withdrawal guide, keep reading. You can also read our complete PointsBet review to learn more about the bookmaker.

💳 PointsBet Ontario Payments Guide

Before bettors can make a deposit at PointsBet Sportsbook, they must first sign up for a betting account. You may then use the step-by-step guides below to get money in and out of your account.

🙋 How to Make a Deposit at PointsBet Ontario

To deposit money into your betting account you must either sign up online at the operator’s website or download the PointsBet Mobile App. Use the following steps after to make your first deposit:

  1. Click the drop-down menu in your account and then click the ‘DEPOSIT’ button.
  2. Pick the deposit method you would like to use from the payment options.
  3. Enter the required payment details and the amount you wish to deposit.
  4. Click the ‘DEPOSIT’ button at the bottom of your screen to finalize your payment.
  5. Money should be credited into your account instantly. Online banking can take up to 3 business days to process.

🙋 How to Make a Withdrawal at PointsBet Ontario

To make withdrawals at PointsBet Sportsbook users must already have made a deposit using one of the payment options. You may then use the guide below to get money out of your account:

  1. Click the drop-down menu in your account and then click the ‘WITHDRAWAL’ button.
  2. Choose the payment opinion you would like to use for your withdrawal.
  3. Enter your withdrawal option details and the amount you would like to withdraw.
  4. Click the ‘WITHDRAW’ button and enter your PointsBet account password. To complete your payment.
  5. Withdrawals can take between 1-5 business days based on the method used.

PointsBet Ontario Payment Options

There are currently 4 payment options on offer for deposits and withdrawals at PointsBet Ontario. Deposit options include:

PointsBet Deposit OptionsMin. DepositTransfer FeeProcessing Time
VISAC$10FreeInstant
MasterCardC$10FreeInstant
PayPalC$10FreeInstant
Trustly Online BankingC$10FreeUp to 3 Business Days

Users will only have the option of making withdrawals using PayPal and Trustly at PointsBet Ontario. Credit and debit card methods will not be accepted.

pointsbet payment options
PointsBet Withdrawal OptionsMin. Withdrawal Transfer FeeProcessing Time
PayPalC$20Free1-2 Business Days
Trustly Online BankingC$20Free1-3 Business Days

PointsBet Ontario Credit & Debit Cards- How it Works

Users will be able to make a deposit using either VISA or MasterCard credit and debit cards. All deposits with credit and debit cards are instant and feeless on the side of the sportsbook. When using a Credit Card, you could be subject to being charged a cash advance fee by your payment provider. The minimum deposit amount for VISA and MasterCard is C$10.

(T&Cs May Apply)

PointsBet Ontario PayPal- How it Works

With PayPal you can link your bank account, credit card or debit card to your PayPal account. You may then use PayPal to make purchases online at PointsBet Ontario. PayPal serves as a middleman between your bank and merchants and keeps your payment information secure. Both deposits and withdrawals are on offer using the PayPal payment option. The min. deposit amount for PayPal is C$10.

(T&Cs May Apply)

PointsBet Ontario Trustly Online Banking- How it Works

Trustly allows players to safely link their online banking to their PointsBet betting account. To use the service players must first sign up for a Trustly account. They may then make deposits and withdrawals into their PointsBet Ontario account by using their online banking portal. Minimum deposit for Trustly online banking payments is C$10.

(T&Cs May Apply)

PointsBet Customer Support

If you run into any problems making a deposit or withdrawal you may contact customer support 24/7 via live chat or email. Response times for live chat are generally under 2 minutes. Email replies can take up to 24 hours. A great FAQ section is also available on the site for quick answers to common questions.

🙋 PointsBet Payment Options FAQ

If you’re looking for simple answers to a number of commonly asked questions about the PointsBet payment options, check out our FAQ section. 

Are there any fees charged by PointsBet Ontario for deposits or withdrawals?

No, there are no fees charged by PointsBet Ontario for deposits or withdrawals. A fee could however be charged for a deposit or withdrawal by payment providers in some cases.

How does the proof of identity process work?

Users will be required to provide proof of identity to register for a betting account at PointsBet. This includes uploading a photo or valid government ID and a selfie.

What is the minimum deposit amount?

The minimum deposit amount for all PointsBet payment options is C$10.

What is the processing time for deposits and withdrawals?

The processing time for a deposit is generally instant, except for Trustly Online Banking deposits which can take up to 3 business days. Withdrawal options can take between 1-3 business days based on the method used.

How can I cancel a withdrawal?

To cancel a withdrawal you must select the withdrawal from the ‘Pending Withdrawal’ section of your account and click the ‘CANCEL’ button. Withdrawals can only be cancelled before they are processed.

Do all methods listed above apply to international transfers?

Yes, all Points Bet Canada payment options apply to international transfer. (T&Cs May Apply)

What are the payment options on offer at Points Bet Canada?

There are currently 4 payment options on offer to make deposits and withdrawals into your PointsBet betting account:

– VISA
– MasterCard
– PayPal
– Trustly Online Banking

Is PointsBet Ontario legit?

PointsBet is considered one of the best and most secure online sportsbooks in the world. The site is licensed by the Alcohol and Gaming Commission of Ontario to provide legal sports betting to players in the province. Users can also bet at the sportsbook in multiple states in the US.

19+ | Please play responsibly | Commercial Content | Terms and Conditions apply