Phone Bill Deposit Betting Sites – Advantages and Disadvantages

Using your phone bill to conduct sportsbook transactions is actually a popular method amongst online bettors with more and more punters getting involved with phone bill deposit betting sites.

It is still a grey area when it comes to placing a bet using phone bill, and you will find that many of the larger sportsbooks do not offer this option.

To be perfectly honest with you, this is slightly concerning, but it is still early days, but if any teething problems get resolved, this is when the big boys of the industry will start to get involved.

You will find that there are similar reservations with some of the pre-paid debit cards when it comes to some sportsbooks allowing them to be used for transactions and the main reason for these reservations is because anyone can basically get hold of a mobile phone which is allowed to make transactions.

This opens up the problem of underage bettors getting access to sportsbook accounts, and under the terms of the gambling act, this is a big negative for sportsbooks.

So, to be on the safe side, the major sportsbooks would rather wait until any problems have been fully resolved so that it will be one less problem for them to worry about.

Best Betting Sites Accepting Phone Bill Deposits

How to Bet Using Phone Bill

Making a deposit at pay by phone bill bookies is actually very straightforward as all you have to do is head over to the bank or deposit section of the sportsbook where you would like to make a deposit and choose the pay by phone bill option.

Simply enter the amount that you would like to deposit along with your mobile phone number, and you will then receive a text within a few seconds.

The text message will either contain a clickable link or a code. If it is the clickable link, it will need to be clicked on, and the deposit will then be made.

If the text contains a code, that code will have to be entered into the deposit section of the sportsbook, and the deposit will then be made.

Before you make a deposit in this way, it is important that you check with your service provider that you have the type of contract where transactions can be made in this way.

If not, is not the fault of the sportsbook and if phone bill deposit betting sites are something that interests you, it might be a good idea to look at what other mobile phone service providers are out there.

What about Placing a Bet Using Mobile Phone Credit?

There is something that you should be aware of when placing a bet using mobile phone credit, and that is that betting in this way is just the same of betting with a credit card.

There is nothing at all wrong with betting in this way with many punters claiming that it is their preferred method of making transactions, but you should be aware of the dangers involved when betting using credit.

If you are someone who struggles with discipline or who likes to place a few bets when down the pub with your mates, makes sure that you know exactly what you are doing.

Think about it for a minute. If you are using a debit card or a web wallet like Skrill or PayPal, you can only bet with the funds in your account. If you don't have enough funds in there, you can't place your bets – it really is as simple as that.

Betting with credit cards or placing a bet using mobile phone credit is a different beast entirely.

Depending on the credit limit of your credit card or mobile phone, it is perfectly possible to place hundreds of pounds of bets which is all well and good if you know what you are doing, but if you don't, there could be a very nasty surprise waiting for you at the end of the month when your mobile phone bill drops through your letterbox.

This could be the biggest fact which may slow down the mass adaptation of phone bill deposit betting sites because the gambling authorities will know only too well what a danger this method could be to punters who have a gambling problem.

Phone Bill Deposit Betting Sites – What to Watch Out for When Claiming Bonuses

If you are intending to get involved with phone bill deposit betting sites to claim bonuses and promotions, it is important that you first check the terms and conditions which are associated with these offers.

Some bonuses have restrictions in place whereby certain deposit methods do not count, and this can cause a lot of anger and confusion amongst punters.

Just think of how you would feel if you had made a deposit which had a wagering requirement attached to it before the bonus has been added and you attempt to work your way through these wager requirements by betting and laying bets off at a betting exchange.

Sod’s law would probably mean that most of your funds ended up at the betting exchange so when the bonus is refused, it can mean that the punter is out of pocket.

All it takes to avoid situations like this is to read the terms and conditions first. That way you know whether phone bill deposit betting sites, which bonuses you are claiming, actually accept this method to qualify for betting offers or not.

As a reminder, this applies to any bonus or promotion that you are interested in and don't assume that just because this payment method was allowed a couple of weeks ago it will be accepted now.

Terms and conditions do change, and all it takes is a couple of minutes of your time to double-check.

Should You Get Involved with Deposit by Phone Bill Betting Sites?

It would be easy to say that you should look at other sportsbook payment methods before you get involved with deposit by phone bill betting sites, but everyone's circumstances are different.

It could be that you are not able to get hold of a bank account or there may be problems opening a Skrill account so making a deposit by phone bill betting sites is a method which some punters may find is one of the only options which is open to them.

If you are one of those people, there is nothing wrong with making sportsbook transactions in this way but just make sure that if you are betting using credit you don't get carried away and only bet with spare funds.

The options with pay by phone bill bookies will no doubt increase over the months and years ahead which will then appeal to more and more punters. As this method becomes more advanced, it will bring a greater betting experience to punters who wish to make sportsbook transactions in a different way.