When you bet on sports online, you always have one goal in mind: to make a profit. But before you start dreaming of big money, you first need to deposit money into your account. After all, you need a sufficient playing balance for your bets. Dutch gamblers like to choose iDEAL as a payment method. There are some great advantages to using iDEAL. For example, this payment method is completely secure and immediately after depositing the money is already in your account. And because iDEAL is linked to your bank account, you always know if there is enough money left to spend on your bets.
The convenience of paying via iDEAL
Nowadays we can hardly do without iDEAL. Even players who urgently need to top up their game balance at the bookmaker want to choose this popular payment method. Despite the fact that iDEAL has become a thing of the past, it has only been around since 2005. Before then, there were many different online payment systems to choose from. Rabobank had its own system, as did ABN Amro and even KPN. With the rapid increase in the number of electronic payments, there was a great need for a national system. This became IDEAL. Today, all major (and some not so major) banks are connected to iDEAL. So it doesn’t matter if you have an account at ING, SNS Bank or Rabobank: everyone with a Dutch bank account can pay via iDEAL. If you use iDEAL for your sports betting, you don’t have to rush to find the perfect e-wallet or credit card number. You simply choose the same payment method you use to pay for other online purchases. How easy is that?
Are you already choosing your payment method at Dutch betting shops?
Dutch bookmakers such as Toto and Runnerz focus heavily on the domestic gambling market. It makes sense, then, that they would include the popular iDEAL as standard in their list of payment methods. However, there are rules for offering iDEAL as a payment option. For example, bookmakers must be licensed by the Dutch Gambling Commission. Only then are they allowed to offer iDEAL as a payment method. So, as soon as you come across a bookmaker that accepts payments via iDEAL, you immediately know that you have found a safe and legal place to play.
IDEAL: safe, secure and transparent
In everyday life, you undoubtedly pay for many purchases with your debit card. In the online world, many people choose to pay via iDEAL. Whether you are buying a new coat or looking for a new phone online: chances are good that you have paid via iDEAL. The fact that this payment method is now so well established ensures that the Dutch like to choose iDEAL when they end up at a bookmaker. Because if you do not usually use a credit card or e-wallet, then it is very important to do so with your bets.
With iDEAL you choose a familiar, but also a secure and transparent payment method. iDEAL is linked to your bank account. After an online payment you can immediately see how much money you have left in your account. No hassle with separate e-wallets where you keep the money for your bets. Everything comes from one account, so you always have an overview.
Of course, when it comes to financial matters, security is also an important element. For example, you want to be sure that the money ends up in the right place. In addition, you need to be sure that your personal and financial data will not fall into the wrong hands. iDEAL has become the most popular online payment method in the Netherlands for good reason. It is completely safe and you can start depositing money into your player account without any problems. Also nice: there are no high transaction fees for payments via iDEAL. All the money intended for your online betting actually ends up in your player account.
Deposit money and start betting immediately
Bets come and go. But once you see an interesting bet online, you still want to be able to take action quickly. Especially with live betting, it is important to act as quickly as possible. Of course, it can happen that there is not enough balance in your account to fund your bet. At such times only one thing goes through your mind: deposit money immediately so that you can place your bet. Insufficient balance simply means that there will be no bet. How bad would it be if you missed out on a nice win because your deposit is not in your account on time? Fortunately, with iDEAL you never have to worry about that. The money you deposit using this payment method is immediately added to your player account. Before you know it, the deposited amount has arrived and you are ready to place your (live) bet.
How to deposit money via iDEAL
All bookmakers operate with an online wallet, which is linked to your account. For every bet you place, the stake comes from this online wallet. Therefore, it is not possible to pay for your online bets directly from your bank account. This intermediate step is necessary to provide players with a safe and responsible gambling environment. Because by paying for a bet through your account, the bookmaker can maintain control. This way, for example, it is much easier for betting shops to verify that players are indeed 18 years old or older.
This extra step doesn’t put any obstacles between you and your bet. In fact, it’s very easy to top up your online wallet so you have enough money to play with. You only need to follow a few steps to make your iDEAL deposits successful:
- Step 1: log in to the bookmaker and go to the payment page.
- Step 2: decide how much money you need to be able to play again for a while.
- Step 3: select iDEAL as your payment option and a list of banks will automatically appear.
- Step 4: select your bank and you will be redirected directly to the login page.
- Step 5: Enter your bank login details and follow the steps to confirm the payment. If you have enough money in your account, the bank will approve the payment immediately. This fast approval ensures that you will not experience delays when using iDEAL at bookmakers.
Minimum and maximum limits
When you want to deposit money via iDEAL, it is wise to check first how high the limits are. Bookmakers operate by default with a minimum deposit amount. How high this amount is varies per bookmaker. But there can also be differences per payment method. So check carefully what the rules are if you are going to deposit money via iDEAL for the first time.
In addition to a minimum deposit amount, there is sometimes a maximum. Therefore, iDEAL provides a big advantage, because the limit is often much higher with this payment method than with e-wallets such as Skrill, Neteller and PayPal. Those who like to play with large amounts therefore quickly end up with iDEAL.
Deposit via iDEAL… but what about payment?
Deposits and payouts are often linked. Players who pay their bets via e-wallet usually also choose to pay their winnings to their Skrill or Neteller account. At least, if the bookmaker offers this option. In fact, it works the same way as iDEAL. You pay via iDEAL and the winnings are paid into your bank account. The money you win is returned to the same account from which your balance came.
The combination of iDEAL and your bank account certainly has an advantage over an e-wallet, for example. Because while you can often pay with Skrill or Neteller, it remains to be seen whether you can receive your winnings through the same channels. And that while with bookmakers it is always possible to transfer your winnings to your bank account.
These are the alternatives when depositing money
Dutch players often automatically choose iDEAL. However, you can only choose iDEAL with confidence if you know what other payment methods are available.
It varies depending on how many and which options are available. But there is one payment method that is always accepted: the credit card. The disadvantage of a credit card is that the money is collected every month. With iDEAL you see every transaction come out of your account immediately, while with VISA or MasterCard you have to wait until the end of the month. As a result, you can quickly lose track of your finances. Alternatively, there are many online wallets to choose from. Skrill and Neteller are very popular, as are payments via PayPal. The big disadvantage of this type of structure is that it adds another step. You have to deposit money into your Skrill, Neteller or PayPal account and from there you deposit money back into your player account. So does it make sense to transfer the money to your bookmaker account without iDEAL? This is not the most efficient route either. With regular transfers, it takes a few business days for the money to be in your account. iDEAL is much more convenient and faster.