Revolut started as this weird thing that a friend would talk about, saying how easy it is to make international payments and that everyone should have one. It turns out that this niche payment provider turned into a fintech giant that has spread all over the world, with millions of accounts for any kind of activity you might think of.
One of these activities is esports betting, and thanks to what the company can offer its users, many new bettors are using Revolut to fund their esports betting accounts.
What is Revolut?
Revolut is a financial technology company that also offers banking services. It has been around for a few years, and even though its services are becoming more and more diverse, the core of the company remains the same.
You can create a Revolut account and use it like you would any other banking method. You can transfer money, make deposits and withdrawals, buy stuff with your Revolut card, and, most importantly, use it as a payment method in any online gambling site that accepts the card issued by Revolut.
The difference with traditional banks is that Revolut uses modern technologies and a different economic model so it can provide its users with things the banks never did. Some of those things are low fees for currency exchanges, complete control of your account from a very powerful mobile application, and much more. Revolut is much more than just a bank.
History of Revolut
Revolut was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko with the vision to revolutionize the financial industry. The company started off as a pre-paid card with an accompanying app targeting a younger audience since banks lacked technological innovations.
For the next few years, Revolut kept fascinating investors with its flashy technology and cutting-edge software, raising over a billion dollars in funding. The turning point came when the company was granted the title of a “Challenger bank” from the European Central Bank, with the facilitation of the Bank of Lithuania.
From 2019 to 2020, Revolut attracted almost five million new users, and thanks to its investor programs, it managed to raise funds to fuel its international expansion. In more recent years, Revolut jumped into the crypto sensation by allowing its users to buy and sell various cryptocurrencies directly from the Revolut application.
The success of Revolut is unquestionable, but nobody expected it to reach this far. As a result, Revolut has earned the title Unicorn, a term reserved for privately owned startups valued at more than a billion dollars. Revolut is definitely a unicorn since it managed to open the door for online banking, something only a mythical creature could do.
Which Are The Best Revolut Esports Betting Sites?
Esports betting is popular amongst young people aged 18-35, and this is exactly the demographic that Revolut targets. So it makes sense that when young people want to start gambling on their favorite esports, they will choose a familiar method. This is one of the reasons why Revolut esports betting sites are so successful.
Almost all sports betting websites accept Revolut deposits and withdrawals without any problems, especially since it got a banking license and the ability to issue VISA and MasterCard debit cards. However, we would recommend you avoid any sportsbook that doesn’t accept bank deposits or debit cards since it might mean that they don’t have the numbers for these institutions to trust them.
If you want to join some of the best online betting sites that accept Revolut, you just need to take a look at the list we have created for our users. We tested all the websites to guarantee that you will get the best betting experience.
EGB
EGB should be the go-to site for any esports gambler who wants to bet on the smallest aspects of a match since EGB offers a great variety of betting markets to choose from, regardless of which esports titles you are into. In addition, you can also benefit from multiple bonuses and promotions available at all times in EGB to spice up your betting.
EGB accepts all the popular payment methods, including Revolut, Skrill, cryptocurrencies, and in-game skins, so you can choose the one that suits you and make quick and secure deposits and withdrawals.
Luckbox
For such a modern payment method as Revolut, we recommend you the equally modern and unique Luckbox. This esports bookmaker has dramatically impacted the gambling industry because it consistently offers above-average odds and great betting features.
Luckbox is very trustworthy, proven by its gambling license, issued by the Isle of Man, a well-respected gambling authority. It is very simple and secure to make transactions on Luckbox, and if you use Revolut, you will have pretty flexible limits.
Campobet
Campobet originally began as a sports betting website, but after the increasing popularity of esports, it quickly added a lot of esports markets. Now you can bet on major and minor esports tournaments, both pre-match and live, and you can follow the action thanks to a live stream available for almost every match.
Campobet also offers multiple free bets with a very generous max qualifying bet stake, allowing you to do stress-free gambling. If you want to become a regular on Campobet, there is a VIP program that rewards you the more you bet, so you have quite the motivation to choose this bookie for the long run.
Bet365
Few Revolut betting sites can compete with what Bet365 has to offer, especially when it comes to esports betting. You can bet on famous esports like Rainbow Six Siege, Counter-Strike: Global Offensive, and League of Legends, with some very tempting odds.
As the most popular online gambling site in the world, Bet365 is no stranger to accepting all kinds of payment methods, and Revolut is one of the most popular options amongst esports bettors. You can make deposits instantly with just a couple of clicks, and withdrawals are made securely and quickly, allowing you to access your money as quickly as possible.
William Hill
Another very popular betting site that accepts Revolut is William Hill, which has been around for more than 20 years and recently decided to start covering esports matches as well. On William Hill, you can find betting markets for various esports titles and create your own special bets thanks to its incredible bet builds.
If you get tired of esports betting, you can head to the online casino William Hill hosts on its website and join any of the thousands of games available. Some of the most popular casino games include Roulette, Blackjack, Poker, Slots, and Bacarrat, with great betting limits and beautiful graphics.
How To Use Revolut On Esports Betting Sites
One of the main reasons Revolut has become so popular amongst esports bettors is how simple it is to make deposits and withdrawals online, regardless of which bookmaker you choose.
Since Revolut is technically a bank, making payments with it is exactly the same procedure as using any other conventional bank. All the benefits from making payments through your bank account apply to Revolut and all the negatives. So you should ensure that you are ok with using a bank to make payments on a gambling platform.
How To Deposit With Esports Betting Sites That Accept Revolut?
To deposit with Revolut, all you need to have is either access to your Revolut information through the application or the card issued by Revolut, so you can type the numbers that you will find on top of it. Exactly as you would do to pay with any regular bank account.
To deposit with esports betting sites that accept Revolut, you have to do the following.
- Log in to your betting account
- Click the deposit button, usually found on the top right
- Choose between bank transfer, VISA, or MasterCard as your deposit method
- Type in the amount you want to deposit
- Depending on the method you picked, type the necessary information
- Done
As you can see, it is really easy to deposit money with Revolut, and thanks to its amazing currency exchange rates, you don’t need to worry if you make a payment in a currency different from the one you hold on Revolut. That is something other payment methods can not offer you.
How To Withdraw With Esports Betting Sites That Accept Revolut?
After you have enjoyed betting as much as possible, it is time you secure your winnings by transferring the money into your Revolut account. Thankfully this procedure is very easy and reliable, and you will not need to wait a lot until you have your money safe in your account.
To withdraw from esports betting sites that accept Revolut, you need to complete these steps.
- Access your esports betting account
- Navigate to the cashier’s tab
- Pick bank transfer, VISA, or MasterCard as your withdrawal method
- Choose the amount you want to transfer and fill in the information requested
- You are done
If you have completed the Know You Customer procedure before you make a withdrawal, it will take your money anywhere from one to ten days, depending on the method you choose and the bookie you are using. Using your Revolut card for payments is always faster and more efficient.
Funding Your Revolut Gambling Account
To fund your Revolut gambling account, you must choose between two options, each with different advantages and disadvantages. Depending on how much money you want to bet and what betting style you prefer, one method might be better than the other.
You can add money to your Revolut gambling account by making a bank transfer from Revolut. Going through a bank is always a reliable payment method, especially since, in a fraudulent transaction, you are guaranteed to get your money back. But, of course, bank transfers take a lot of time, so if you want to have your money quickly, this is not your best option.
The second way to fund your gambling account is by making a transfer through the VISA or MasterCard debit card network. When you create a Revolut account, you will also get a debit card to make payments everywhere securely, and you can use this card to complete Revolut gambling transactions.
A debit card is always the better option since the waiting times are much shorter, and it is a more convenient payment method.
Online Betting With Revolut: Pros and Cons
Paying with Revolut can seem like the perfect option, but like all payment providers, there are both positives and negatives to using its services. Depending on how you want to bet, it might be the right option for you.
Since Revolut is practically a bank, you will get the reliability of a bank, meaning that your money is covered by insurance in the case of a scam. Moreover, you can keep track of your money thanks to Revolut’s excellent mobile application. So you don’t have to be afraid that anything will happen to your money using Revolut.
That being said, if you are using Revolut on online casinos and betting sites, you will have to share sensitive financial information like your card number, which, on the off chance that someone gets this information from your bookmakers, will be compromised. Although Revolut is fast at recognizing suspicious transactions, the danger remains.
Advantages Of Using Esports Betting Sites With Revolut
Paying with Revolut is really popular since it can offer more to the gambler than most other payment methods. It is hard to find a payment method that can compete with what Revolut offers.
Here are the main advantages of using esports betting sites with Revolut.
- Fast payments
- Top-notch security standards
- No fees
Disadvantages Of Using Esports Betting Sites With Revolut
If you are skeptical about using Revolut for your gambling transactions, you have to see the negatives of doing so and if they are a deal breaker for you.
Below you will find some of the disadvantages of using esports betting sites with Revolut.
- Not all betting sites accept Revolut
- No anonymity
Fees & Limits
Revolut is such a popular payment option amongst bettors because of how easy it is to make payments and the incredibly low fees it charges.
Making deposits and withdrawals using Revolut is free, and almost no bookmaker will charge you anything for the transactions. There are also no fees for funding your Revolut account, which sets it apart from most e-wallets and e-vouchers.
The limits for Revolut transactions are almost nonexistent, and you can make as many transfers as you want with Revolut. Of course, most bookmakers will have transaction limits, especially for withdrawals, but most of the time, these limits are flexible enough not to impact your gambling experience.
Revolut Alternatives
If the disadvantages of using Revolut are a deal breaker for you, or you just want to join a betting site that doesn’t accept it, you can use many other reliable payment methods available for esports bettors.
Here at Esports-Gamblers, we value our privacy when making payments, so all the methods we recommend offer the highest safety standards in the industry. But, of course, we also consider how easy it is to make payments and how many esports betting sites accept a payment method.
Cryptocurrencies
When it comes to security, crypto is king. Every transaction you do with cryptocurrencies is unique, and nobody can access it, so even if somebody hacks the bookmaker, you don’t have anything to be afraid of.
Crypto payments are also completely anonymous since pretty much everyone can have a cryptocurrency wallet without the need to provide their personal information to anyone. If you don’t want your bank to find out you gamble, cryptocurrencies are the best way to ensure that.
Skrill
Skrill is one of the most used payment providers for online gambling, and more than 95% of all bookmakers accept it. It is easy to create a Skrill account, and the transaction limits on most sportsbooks are flexible enough for the average bettor.
One of the main selling points of Skrill is that you can make payments just by giving your email address and nothing more. In addition, Skrill will not share your transaction activity with anyone, meaning you can keep your credit score.
Conclusion
Revolut took the world by storm when it first started offering its services back in 2015, and today it has become one of the most popular payment methods on esports betting sites, thanks to its security features and ease of use.
Millions of users are moving money in and out of gambling sites thanks to Revolut, and it can be the perfect starting point for anyone that wants to start betting online. You can create an account today and use it to fund your account almost instantly!
FAQ
Can I use Revolut in the UK?
No, you can not use Revolut on UK bookmakers due to the regulations issued by the UK Gambling Commission. This is done in order to protect people that are at risk of getting addicted to gambling since using a credit card for payments might lead someone to get into debt fast.
Is Revolut safe?
Yes, Revolut is a safe and secure payment method to use on any kind of esports betting site in the world. It is easy to make payments, and if you are careful with whom you share your Revolut information, you will not have any problems. Even if someone uses your Revolut card to make purchases, Revolut will return this money without a lot of questions.
Can you bet on esports with Revolut?
Yes, you can bet on esports with Revolut on betting sites like EGB, Luckbox, Campobet, Bet365, and William Hill. Pretty much every legitimate sportsbook accepts Revolut, so you can just pick the one you prefer and start making payments immediately with your Revolut account.
Which currencies does Revolut support?
The currencies that Revolut supports are AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, JPY, NOK, PLN, RON, SEK, USD, ZAR. You can open an account in any of these currencies and make international payments with minimum fees. That’s the beauty of Revolut.
