Before you start wagering on sports matches or casino games that catch your eye, take a moment to review the basics on how to bet. This is so you would not have to worry on how you would be able to deposit or withdraw your sports betting payout once you start wagering.

Betting in modern times means going online and finding a bookmaker or casino that suits your needs. While it is easy to find an online casino or sports betting site because there are thousands available, it is hard to find one with great service and offers.

In this case you can check out the reviews on the best sports betting sites in the industry at Betwala. Some of these sites are Sportsbet.io, Betrally, and Betway.

There are various currencies you can use to wager for the cricket matches of your choice. These are the following: EUR, USD, BRL, JPY, INR, THB, TRY, CNY, VND, ARS, and MXN.

The cryptocurrencies you can use to bet on the site are: BTC, ETH, LTC, and SOC.

You would need to deposit money into the sports betting or casino site you have chosen. Most sites have different deposit options like e-wallet, cryptocurrencies, and debit/credit cards.

If you want to bet using an e-wallet, the various options available are: Neteller, SticPay, Skrill, MuchBetter, EcoPayz, Astropay (Direct/Card), Jeton, and CashtoCode. These methods are for your other currencies like rupee, dollar, pounds, etc.

Additionally, you can use cryptocurrencies on the site like Bitcoin, Ethereum, Litecoin, and All Sports. You can also bet using your credit/debit card, bank transfer, and BankPay on the site. These are only available to deposit your cryptocurrency and cannot be used to withdraw your payout.
 

Now that you know how to place money into your gaming account, let’s move on to how you will cash out your winnings. Most sites have different deposit and withdrawal options, depending on the limitations of the method used. However, you do not have to worry about this most of the time since the deposit methods available can be used to withdraw money you won. Although you have to check the method you want to use to make sure.

For more direct withdrawal methods, you can use BankPay, bank transfer, or debit/credit card. Keep in mind that these are only available for transferring cryptocurrencies into your accounts and not other currencies.

You can also use credit card, EcoPayz, CashtoCode, Jeton, AstroPay (Direct/Card), MuchBetter, Skrill, Neteller, and SticPay to withdraw your money.
 

Here is a guide on how to use the different payment methods, so you can deposit and withdraw money into your online account. Keep in mind though that the payment methods all depend on your country of residence.

How to deposit/withdraw using cryptocurrencies

Using Debit/Credit Card

When you’re using your debit/credit card to deposit or withdraw money, all you need to do are:

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click buy cryptocurrency (BTC, LTC, etc.).
3. Indicate the amount you want to place or receive either in FIAT or cryptocurrency.
4. Click on Start trade.
5. Indicate country of residence (as payment options differ per country).
6. Click Debit/Credit Card option.
7. Provide necessary card details once BTCXE payment menu appears.
8. Follow steps to finalize payment.
9. You will be notified once the transaction goes through and your balance will be updated.

Using Bank Transfer

To deposit/withdraw cryptocurrency through the bank, follow the steps below:

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click buy cryptocurrency (BTC, LTC, etc.).
3. Indicate the amount you want to place or receive either in FIAT or cryptocurrency.
4. Click on Start trade.
5. Press Bank Icon.
6. Click the bank you would like to use.
7. Submit your credentials on the bank page and wait for the OTP code.
8. You will be redirected back to the site once it goes through and your balance will be updated.

Using BankPay

To use BankPay, you would need to use JPY currency. It has a minimum of 700 JPY amount you can buy and has a service charge of 3.5%. No worries since your transaction will be read as Bitcoin purchase. Follow the steps below to use BankPay:

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click buy cryptocurrency (BTC, LTC, etc.).
3. Click JPY currency.
4. Indicate the amount you want to place or receive in JPY or cryptocurrency.
5. Click on Start trade.
6. Make sure your country is set to Japan (as payment options differ per country).
7. Click Bank Transfer option.
8. Proceed to follow the steps once you log into your bank.
9. Return to merchant site once you have reviewed your payment information.
10. Your balance will be updated once the transaction goes through.

How to deposit/withdraw using Euro and other currencies

Using Credit Card

In order to use your credit card to deposit/withdraw money into your account, follow the steps below:

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click Credit Card option.
5. Provide necessary card details.
6. Follow the steps to finalize payment.
7. You will be notified once the transaction goes through and your balance is updated.

Using Neteller

Neteller is an online wallet you can use as deposit/withdrawal option to play. You may follow these steps to use it:

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click Neteller option.
5. Provide necessary details.
6. You will be notified once the transaction goes through and your balance is updated.

Using SticPay

SticPay is an online wallet service you can use to wager. You just need to follow the steps below:

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click SticPay option.
5. Provide necessary details.
6. You will be notified once the transaction goes through and your balance is updated.

Using Skrill

Skrill is another e-wallet option you can use to transfer money into and out of your account using the following steps:

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click Skrill option.
5. Provide necessary details.
6. You will be notified once the transaction goes through and your balance is updated.

Using EcoPayz

EcoPayz is a prepaid online wallet that you can use to play. All you need to do is follow the steps below:

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click EcoPayz option.
5. Provide necessary details.
6. Follow the steps to complete payment process.
7. You will be notified once the transaction goes through and your balance is updated.

Using MuchBetter

MuchBetter is a mobile app-based online wallet you can easily use to wager. Do the following steps:

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click MuchBetter option.
5. Provide necessary details.
6. Follow steps to complete payment process.
7. You will be notified once the transaction goes through and your balance is updated.

Using AstroPay Direct

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click AstroPay Direct option.
5. Provide necessary details (When depositing, click Itaú).
6. Follow steps to complete payment process.
7. You will be notified once the transaction goes through and your balance is updated.

Using AstroPay Card

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click AstroPay Card option.
5. Provide necessary details.
6. You will be notified once the transaction goes through and your balance is updated.

Using Jeton

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click Jeton option.
5. Provide necessary details.
6. You will be notified once the transaction goes through and your balance is updated.

Using CashtoCode

1. Click Deposit/Withdraw option.
2. Once the dialog box opens, click wallet balance and choose a FIAT currency.
3. Indicate the amount you want to place or receive.
4. Click CashtoCode option.
5. Provide necessary details.
6. Follow steps to complete payment method.
7. You will be notified once the transaction goes through and your balance is updated.
    

Learning how to bet includes knowing about sports betting odds. There are different kinds of odds you can find in most sports betting sites. These odds allow you to be flexible in wagering on your favourite leagues, teams, and matches. Some of the odds you will encounter are the following: Decimal, Fraction, and Moneyline.

Decimal Odds

You can find decimal odds in most online sports betting websites. This kind of odd shows the amount you can win for every unit you stake. This means that if you want to bet ₹100 on a 1.5 odds of a team, then you can get ₹150 total payout.

Fraction Odds

Fraction odds are one of the most common odds you can find in sports betting websites. For this odd, you have to remember that there are two ways to compute it depending if the numerator or denominator are larger than the other. Take note of the following sports betting fraction odd formula:

Numerator is Larger 

(Stake x Odd = Profit) + Initial Stake = Total Payout

Denominator is Larger

(Stake/Odd = Profit) + Initial Stake = Total Payout

Moneyline Odds

Moneyline or American odds can be found in most U.S. sportsbooks. This kind of odd easily shows you which team or athlete is favoured to win a match and which one is the underdog. If the symbol beside the team you want to bet on is a minus sign (-), then they are favoured to win. However if the symbol beside it is a plus sign (+), then they are the underdog of the match.