Canadian punters take note because there is a superb new payment solution around that might interest you. iDebit allows Canadian consumers to pay direct from their bank to iDebit friendly betting sites and merchants. No credit card is needed and you will never need to enter bank details if you use iDebit to fund your betting account.
There are fees that apply to certain transactions. iDebit are transparent though and outline exactly what their fees are and there are no hidden charges. You can only spend what is in your bank account, which is another positive. No betting activity will appear on your bank statement either.
If you are a Canadian resident and are looking for a swift and secure payment solution, your search could be over. Keep on reading to learn more about the best iDebit betting sites, and a whole lot more.
Top 5 iDebit Betting Sites
Canada
United Kingdom
Costa Rica
Italy
Japan
Portugal
Germany
Sweden
Mexico
Brazil
Chile
Peru
Argentina
Bolivia
Colombia
El Salvador
Guatemala
Honduras
Nicaragua
Panama
Paraguay
Dominican Republic
Uruguay
Venezuela
iDebit is not a widely available payment solution in global terms, yet. However, it is available to Canadian residents and it is growing in popularity rapidly. When we chose our top 3 iDebit betting sites in Canada we looked at a number of things. Bonuses, promotions, customer service and quality of odds and markets are all important to us.
After hours of research, our experts reckon that the best Canadian iDebit betting sites are Bet365, 888sport and Betway. If you want to know how to deposit with iDebit at any of our top 3 iDebit betting sites, we go into a lot of detail below. Keep on scrolling to find out more…
Deposit Instantly With iDebit At Bet365
Bet365 is a truly global gambling company with operations around the world. They have already forged a fine reputation in the Canadian betting industry and it is no surprise. You can get up to $200 in bet credits if you sign up with Bet365 now and their odds are the best around. If you use iDebit with Bet365, deposits are instant and withdrawals are processed within 24 hours.
United Kingdom
Canada residents can use iDebit to deposit or withdraw funds to or from their betting accounts. No fees are charged by Bet365 for withdrawals or deposits made via your iDebit Wallet. No gambling transactions appear on your bank statement and you don’t need to reveal your bank details. Check out the deposit and withdrawal limits with Bet365 when you use iDebit below…
Bet365’s iDebit Deposit and Withdrawal Limits and Times
|
|
Deposits |
Withdrawals |
|
Minimum |
$15 |
$15 |
|
Maximum |
$1800 |
$1800 |
|
Timescale |
Instant |
24 Hours |
888sport now accepting iDebit Deposits
888sport is another international betting site that has taken Canada by storm. Just like Bet365, they also have a tremendous $200 welcome bonus offer that is well worth taking a chance on. 888sport have loads of regular promos for existing customers and they are an iDebit friendly betting site.
You can use iDebit to make both deposits and withdrawals at 888sport. Again, no charges are applied by the merchant for either type of transaction. You will be charged a fee for transferring funds to or from your bank account to your iDebit wallet. We look at the fees in more detail later on. Below is a table outlining the iDebit deposit/withdrawal limits and timescales with 888sport.[select_bonuses object=”25″ bonus=”1212″]
888Sport’s iDebit Deposit and Withdrawal Limits and Timescales
|
|
Deposits |
Withdrawals |
|
Minimum |
$10 |
$10 |
|
Maximum |
N/A |
N/A |
|
Timescale |
Instant |
24 Hours |
Betway: An Excellent iDebit Friendly Betting Site
Betway is another global giant that has made inroads into the Canadian betting market. They are well known in Europe as a classy bookmaker so it is no wonder they have done well in Canada. They have a superb sign-up offer and plenty of promos and specials for existing members too.
United Kingdom
Using iDebit to fund your Betway account will not incur any fees, once funds are transferred from your iDebit wallet. Funds are available instantly once you confirm the transaction. The same applies to withdrawals when it comes to fees, and withdrawals are processed quickly in comparison to other similar payment solutions. Check out the Betway iDebit limits and timescales for withdrawals and deposits below…
Betway’s iDebit Deposit and Withdrawal Limits and Timescales
|
|
Deposits |
Withdrawals |
|
Minimum |
$10 |
$10 |
|
Maximum |
N/A |
N/A |
|
Timescale |
Instant |
2-24 Hours |
Advantages
Of course, everyone will want to know what the main advantages of using iDebit are. In our view, there are three main positives associated with iDebit. Lack of betting activity on bank statements is important, particularly for loan or mortgage seekers.
You won’t need to reveal bank details to any iDebit betting sites or merchants and this increases safety and security. It is a speedy payment method too, for both withdrawals and deposits. Find out more about the main advantages of using iDebit below.
- Betting transactions will not appear on bank statements.
- Deposits are instant and withdrawals take max 24 hours.
- Eliminates the need to reveal bank details so is very secure payment solution.
✅ No Gambling Activity on Bank Statements
For those considering applying for credit from a financial institution, iDebit is well worth checking out. Bank managers have never been fans of betting activity on their customers accounts, particularly if that customer is looking for a loan or a mortgage.
You can get around this dilemma by using iDebit friendly betting sites. If you use iDebit to fund your betting account, no trace of gambling activity will appear on your bank statement. This is a massive positive in our opinion and is one of the main reasons you should consider making iDebit your payment method of choice.
✅ Speedy Deposits And Withdrawals
When it comes to depositing and withdrawing funds, the less time it takes, the better. If you decide to take a chance on iDebit you will be impressed by how quickly transactions are processed. Deposits are especially quick, appearing in your account instantly as soon as you confirm the transaction on the iDebit site.
In comparison to a lot of other payment methods, iDebit process withdrawals promptly too. If you withdraw funds via iDebit most betting sites will process the transaction within 24 hours. It does take up to 5 working days to transfer funds from your iDebit Wallet to your bank account though.
✅ Safe And Secure
Safety is paramount online, especially when you are spending money. Most betting sites require your banking details if you sign up using a credit or debit card. If that information falls into the wrong hands, it could be costly. However, iDebit completely eliminates that risk.
You won’t ever need to divulge your financial information online if you use iDebit betting sites. You will be transferring funds via your iDebit Wallet and once you choose iDebit as your preferred payment method, the transaction is completed on the iDebit server. If you are on the lookout for a safe, secure and fast Canadian payment solution, get iDebit now!
Disadvantages
Although there are a lot of positives when it comes to using iDebit, it would be foolish to ignore the negatives. There may be no fees charged by betting sites for using iDebit, but fees apply to funds transferred to or from your iDebit wallet to your bank account. Availability is limited too, and we look at the negatives in closer detail below…
❌ Watch out for Fees
You get nothing in this life for free and using iDebit does come at a cost. They have to make their money somehow, but at least they are up front and honest when it comes to their fees and charges. There is a set fee for both withdrawals and deposits to or from your iDebit wallet and bank.
If you make a withdrawal, of any size, from your iDebit balance to your bank account the fee is $2. Transactions going the other way, from your bank to your iDebit account, incur a small $1.50 fee. To minimise fees it is best to make as few transfers to or from your bank to your iDebit wallet as possible.
No charges apply when using funds from your wallet to make deposits at iDebit betting sites. Withdrawing funds to your iDebit wallet is 100% free too.
iDebit Fees
|
Transaction |
Fee |
|
Bank to iDebit Wallet |
$2 |
|
iDebit Wallet to Betting Site |
FREE |
|
iDebit Wallet to Bank |
$1.50 |
|
Betting site to iDebit Wallet |
FREE |
❌ Limited Availability Outside Canada
At the time of writing, iDebit was mainly confined to Canadian punters. It hasn’t yet taken off in the same manner as PayPal or Skrill, but it is growing pretty rapidly. It is accepted as a payment method in some other jurisdictions, but for now it is mainly only Canadian betting sites that accept iDebit as a viable payment solution.
It would not be the biggest surprise to us if iDebit became a global brand in the coming years. It has plenty going for it as a payment method and it is attractive to both consumers and merchants for different reasons. Hopefully, more UK and European betting sites start accepting iDebit soon. Check back for updates on the latest iDebit friendly betting sites.
Deposit With iDebit Betting Sites-A Step by Step Guide
If you are curious as to how to deposit using iDebit, this next section has all the information you will need. Using iDebit to top up your betting account is an easy task and you can see exactly what is required in our guide on how to deposit with iDebit at 888sport below.
How to Deposit at 888sport
- Log in to your 888sport account and click on the arrow highlighted below.
- Click on ‘Cashier’ from the drop-down menu.
- Choose iDebit as your preferred payment method.
- Enter your deposit amount and click on ‘Continue to iDebit’ button.
- Log in when prompted and complete transaction on iDebit site.
How To Create an iDebit Account
Before you can deposit or withdraw funds using iDebit you will need to create an account. Luckily, this is quite a straightforward process. If you are wondering how to create your own iDebit account, check out our detailed guide below.
How To Set Up A iDebit Account
- Visit iDebit on your desktop or mobile device and hit the ‘Log In/Sign Up’ button.
- In the new tab click on the ‘Sign Up’ button.
- Enter your details in the boxes provided and hit ‘Continue’.
- Enter your address, password and last 4 digits of S.I.N. then hit continue.
- Enter your bank details and start betting with iDebit!
iDebit Mobile Deposits
If you are someone who prefers to use a mobile device for betting, iDebit have got your back. You can still deposit and withdraw funds by using iDebit on your mobile browser. Simply log in to your betting site and choose iDebit as your payment method. You will be able to complete the transaction on your mobile browser, just follow the on-screen instructions.
Alternative Payment Methods
iDebit is one of the best payment methods of its type, but there are a few similar alternatives you could try out. Canadian customers should check out the INSTADEBIT online sportsbooks, a very similar service that we have reviewed in depth on this site. Other similar payment solutions include PayPal, and there are also a lot of Skrill betting sites online which can be used in a huge amount of different jurisdictions.
Top iDebit Alternatives
- INSTADEBIT
- PayPal
- Skrill
iDebit Pros And Cons
Pros- No betting activities on bank account.
- Very safe and secure.
- Instant deposits and fast withdrawals.
Cons- Fees for bank to wallet or wallet to bank transfers.
- Only available from a limited amount of banks.
- Accepted by a limited amount of bookies.
iDebit FAQs
What’s the best iDebit betting site? 
In our opinion, you can never go wrong with the iconic bet365. If you’ve ever been anywhere near the online betting industry, then you’ve definitely heard of bet365 and their long history of providing great value to their punters. Of course, there’s no one single sportsbook that works for absolutely every single bettor out there, so we’ve come up with a list of our top picks for the best iDebit betting sites for our readers to choose from.
Is iDebit safe?
Yes, iDebit is a very safe and secure way to fund your betting account. In fact, it is fair to say that security is one of the key features that attract consumers to iDebit as a payment solution, and is just one of the many advantages of using iDebit at betting sites. You will not have to enter any of your bank, debit or credit card details to deposit at any betting site. If you want to bet without any worries of your bank details falling into the wrong hands, iDebit is just the ticket.
Can I top up my iDebit wallet using PayPal?
No, you cannot use PayPal or any other payment solution to top up your iDebit account. Your iDebit Wallet is funded directly from your bank account. If you manage to win money at an iDebit betting site you can top up your iDebit account by choosing it as your preferred withdrawal method.
How long does it take to withdraw funds via iDebit?
One area where iDebit really excels is the speed of the withdrawals from betting sites to your wallet. With some bookmakers, it only takes a couple of hours and the longest you will have to wait is 24 hours. It does take considerably longer to transfer funds from your iDebit wallet back to your bank account though, usually between 3-5 working days. Deposits are instant, and you can follow our guide to iDebit betting site deposits to see how simple and easy that is.