Home Online Sports Betting Payment Methods 2020 – Best and Trusted Options to Use Should You Use Trustly for Football Betting in the UK?

Should You Use Trustly for Football Betting in the UK?

Trustly is a relatively new fintech company, having been established in 2008. Even so, it’s swiftly evolved into a popular banking method for sports betting in the UK. In particular for those needing instant deposits and fast access to their money.

With many UK football bettors looking for a viable deposit method aside from the usual debit card or bank transfers, this Trustly review will take you through everything you need to know about this direct payment method, what it can do for your betting and which betting sites accept Trustly.

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The Best UK Football Betting Sites That Accept Trustly

Premier League Betting Sites and Trustly

As bettors, we’re always striving to level-up our betting experience. Whether this is through welcome offers, regular reloads, competitive markets or more efficient banking methods. By using the most popular football betting sites combined with a high-quality online payment solution, such as Trustly, we can really get more out of our betting.

It’s good to see so many UK betting sites accepting Trustly. This should give you faith that Trustly is a trustworthy — no pun intended — and robust banking method for your betting. By focusing on the best premier league betting sites, we filter out the smaller outfits. Those tend to have less-competitive odds and more restricted markets. With this in mind, we’ve picked out a couple of the big guns for you.

Register With LeoVegas Using Trustly

The first thing you should look to do when joining an online bookie in the UK is to take up the welcome offer. Although originally geared towards the casino side of iGaming, LeoVegas has some worthwhile football betting offers and price boosts.

At the time of writing, the sign-up offer for LeoVegas is up to £100 extra winnings. This is in the form of a profit boost. The LeoVegas site can be a little confusing. The formatting of the welcome promotion can be a bit odd, so pay extra attention to the terms and conditions.

When you register your account, be sure to select Trustly as your deposit method. Once you’ve made your initial deposit, you’ll need to head to the “My Offers” page to claim the 100% profit boost. As we write this, your qualifying bet has to be placed on mobile and in-play at a maximum of £10.

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William Hill’s Welcome Offer and Trustly

We love it when a welcome offer accepts alternative banking methods. William Hill excludes many variations of deposit methods from its welcome offer, but not Trustly, which is great news if you already have a Trustly account or are looking to open one.

As of right now, William Hill’s offer for new customers is up to £30 in free bets. Free bets are excellent offers and with William Hill being one of the market leaders, this is a popular choice. Be sure to enter the promo code when registering your account — at the time of writing, this is “C30”. You need to place a bet of at least £10 at minimum odds of ½ (1.50). You’ll then receive two £15 free bets to place.

How Trustly Works With Gaming Sites

Trustly differs from other payment methods that you might’ve come across. Many confuse it with popular e-wallets such as Skrill and Neteller, although Trustly is a direct banking alternative. This is great since you don’t need to register an account with Trustly to be able to use its services.

Instead, think of Trustly as a medium for sending your funds between your bank account and the betting account. Taking William Hill as an example:

  1. Log in to your Hills account.
  2. Go to the banking page.
  3. Select the deposit option.
  4. Find Trustly as the deposit method.
  5. Enter the amount you wish to deposit.
  6. Choose the bank account you use from the next screen.
  7. Log in to your online banking as you normally would.
  8. Choose your account.
  9. Verify the transaction via your chosen method.
  10. Your funds should be deposited.

The above process may differ depending on which bank you use and whether you’re using a mobile, tablet or desktop computer, but the principle is the same. Note: that you need to have direct payments/online banking set up to be able to use Trustly.

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Deposit Instantly With Trustly

Depositing into your betting account is instant with Trustly. This is especially important if you want to get a bet on quickly. Say, before kick-off or if your team has just turned up the heat and are looking to score, providing you with a great in-play betting opportunity.

Since there’s no need to fund an account as you would with an e-wallet, you need to make sure there are funds in your chosen bank account when depositing. This is beneficial if you have more than one account you use for your day-to-day banking. You don’t need to have a single account linked to Trustly; instead, you simply select the account to deposit from each time you make a deposit.

A Great Depositing Choice for Mobile Betting

The need for bettors get their bets placed within seconds is becoming more and more apparent. Bookmakers recognise this through the investment in their apps and partnerships with fintech outfits such as Trustly. The result is the ability to have your Trustly deposit in your betting account within seconds.

There’s nothing else you need to have on you apart from your mobile phone or tablet when using Trustly. No CVV number to remember, no 16-digit card numbers and no having to fund a wallet from a bank account to then fund your betting account.

You also don’t need to enter any details in the cashier window of your betting account. With some payment methods, you may need to enter an email address, but this isn’t necessary with Trustly.

How to Withdraw From the Best Football Betting Sites via Trustly

Withdrawing through Trustly is simply the reverse process of depositing. The only differences are that you have to manually enter your bank information, as well as the address of the bank. This is a much longer process than depositing since you aren’t diverted to select your banking with one-touch.

This can be frustrating for some, but the process is in place to protect your winnings from being withdrawn to someone else’s bank account, whether deliberately or by mistake. Sure, the manual method is more long-winded than withdrawing via a debit card or an e-wallet. But it’s in-line with withdrawing via a regular bank transfer. For example, William Hill mentions that withdrawing through Trustly is the same as if you chose through bank transfer.

Free Withdrawals via this Method

When you pitch Trustly with other banking methods for iGaming, Trustly shines due to no extra fees being involved. This is really important when you feel your winnings should be 100% yours, without an intermediary taking a slice of the pie.

Withdrawal fees are common for e-wallets, and even some banks will charge you to make a withdrawal from a gaming site or using a third partner. This isn’t the case with Trustly since it does all of its merchandise deals with the other entity without targeting its customers to recover costs.

Note that some online bookmakers may charge you to make a withdrawal through Trustly, as well as other payment providers or methods. This is out of the control of Trustly and is purely in the hands of the bookie, so be sure to check this out before withdrawing.

Trustly Offers a More Secure Banking Method for Football Betting

Since you don’t need to register an account with Trustly, you’re immediately reducing the risk of your personal and banking information from being stolen. This is really important in a world where internet hacking and ID theft are so prevalent. It’s easy for us to trust every site we use, but do we actually know what safety procedures they have in place?

With Trustly, you’re automatically tapped into the safety procedures and systems that the world’s top banks use. Since Trustly’s the middleman between the betting site and your online banking, it still needs to use the highest level security features. We’re assured that it uses the very best in data encryption on top of the protocols that the banking industry uses.

Other Benefits to Using Trustly for UK Football Betting

Award-Winning Payment Provider

Knowing that the gaming industry backs your chosen payment provider is really important. We can often have a clouded view, so when an independent and broader market view takes an interest in the likes of Trustly, you know you’re in good hands.

In 2018, Trustly picked up three awards at the Malta iGaming Excellence Awards:

  • Payment Provider Company of the Year.
  • Employer Brand of the Year.
  • iGaming Excellence in Customer Service of the Year.

It’s the first award that’s the most important for us since there are many other payment providers in the gaming sphere. For Malta — which is considered the iGaming capital of the world — to recognise Trustly in this category means that you have an encompassing and reliable payment method. Add in the customer service award and you know that you’re in good hands — we haven’t needed to use Trustly’s customer service department but independent reviews give it the green light.

No App Needed When Using Mobile For Betting

It can be frustrating when mobile betting and needed to use an app to check your bank balance, then an app to deposit into an e-wallet, then an app to place a bet. When depositing and withdrawing through Trustly, no further app is used — it just serves as an interface between the betting partner and your chosen bank.

Banking without an app and an account greatly speed up the entire process meaning you won’t miss out on getting a bet placed or need to fund your betting account if you want to live-stream a game while traveling.

Trustly is Officially Regulated in Sweden

Trustly Group AB is regulated by the Swedish Financial Supervisory Authority, which is a definite bonus for bettors. We aren’t surprised it’s regulated, of course, but you should check that a government body regulates any payment provider or betting site that you use in that country. Ideally, we’d like to see Trustly regulated by the UK’s FSA; however, there’s no need for this since Trustly doesn’t have a UK-registered entity, it just has offices in the UK.

The great thing about being regulated is that if anything were to happen to your funds when using Trustly for depositing and withdrawing, and the company didn’t take the appropriate steps to recover your funds, you have an independent body to go to for support. The regulation also ensures that Trustly’s internal processes and controls are legal and meet the governing body’s standards.

Disadvantages to Using Trustly

Although there are clear reasons why Trustly is an excellent choice for bettors, there are some cons that we need to make you aware of. Although some of these may be more important to you than the pros, we still feel that the positives outweigh these negatives.

Lengthy Withdrawal Process

It might not seem like keying your bank details when withdrawing each time is a problem, but when you compare the likes of PayPal and Skrill just needing an email address or a mobile number, the delay is more obvious.

Now, bear in mind that this depends entirely on the bookmaker. Withdrawing through Trustly is a direct transfer method, so some bookies will use the Trustly API so you can manually select your bank account through internet banking. Others will need you to manually type in all your bank details. Either way, withdrawing through Trustly is slower than the major e-wallets.

Not the Most Popular Banking Method

We’d love it if all bookmakers accepted Trustly. It would make life so much easier for many of us that prefer to use bank transfers as our banking method with bookies, especially for that enhanced security. However, in reality, you’ll find that not all bookmakers allow you to use Trustly. We’re unsure why this is, but it’s probably down to a bookie either already using a bank transfer partner or a shortfall in business negotiations.

In addition to some bookies not accepting Trustly, some banks also aren’t partnered with them. This definitely puts a spanner in the works if you happen to use an unsupported bank. Trustly isn’t too forthcoming with a list of the banks, but we did manage to gather this list of currently supported partners:

  • Nationwide.
  • NatWest.
  • Halifax.
  • HSBC.
  • Barclays.
  • TSB.
  • Lloyds.
  • Santander.

All the major players seem to be there, but it’s best to check with either your bank or Trustly when you come to use them as a payment provider. You’ll see a list of supported banks when you come to make a withdrawal at the bookie.

Excluded From Some Welcome Offers and Ongoing Promotions

Some bookies prefer you to use a debit or credit card when claiming their welcome offers and other promotions. This is a shame if you’d prefer to use a method of your choice, but there isn’t much you can do about it, unfortunately.

Trustly is clearly taking the world by storm, though, so perhaps more bookmakers will accept Trustly in the first instance and also include them in their promotions. Despite this, we’ve identified some of the top online bookies in the UK that are already on the Trustly wagon, which is excellent news.

Trustly Pros and Cons for UK Football Betting

Pros

  • No account needed.
  • 100% free.
  • Instant deposits.
  • Qualifies for welcome offers.
  • Excellent for mobile betting.
  • Enhanced security with Trustly’s and the banking sector’s protocols.
  • Officially regulated.
  • Award-winning payment provider in Malta.

Cons

  • Not all banks and bookies are currently partnered.
  • Verification needed for each disposal and withdrawal.
  • Potential exclusion from promotions.
  • Delay in withdrawing due to verifying bank information.

Final Thoughts on Using Trustly for Football Betting in the UK

Trustly is a no-nonsense and straightforward to use payment method for betting. The fact that you don’t need to register an account or give Trustly any of your information is a big tick for many. Combine this with Trustly’s — and the banking sector’s — top-of-the-range encryption systems, and it seems like everyone should be using Trustly when depositing and withdrawing.

We’d like to see more bookmakers and banks to accept Trustly in the first place, and for it to be eligible as a deposit method for welcome offers. Also, the process can be frustrating since you need to manually select and verify your bank account or enter the information each time.

Even so, Trustly is entirely free — no hidden fees or charges — and there are no delays for using Trustly when compared to using a regular bank transfer. With all the information in our Trustly review in mind, we’re happy to recommend Trustly as a payment provider for Premier League betting in the UK.

Trustly and Football Betting — Frequently Asked Questions

✅ Q: How Do You Use Trustly?

A: Trustly is extremely simple to use when making deposits and withdrawals for football betting:

  1. Go to the cashier or banking section in your bookie account.
  2. Select Trustly as the banking method.
  3. Select your bank and log in securely.
  4. Follow the on-screen instructions to confirm the transaction.

⚡ Q: How Long Does a Trustly Withdrawal Take?

A: Trustly withdrawals take no longer than a regular bank transfer withdrawal. This depends on the bookie you’re withdrawing from, so check their standard processing times. You can usually expect the funds to be in your account within 5 business days. However, we’ve heard that some users have received their funds with 2 business days.

✅ Q: Is Trustly Safe to Use?

A: Yes, Trustly is incredibly safe to use. It’s regulated in Sweden and incorporates industry-leading data encryption tools. Since you don’t need to register your personal and banking information with the company, the risk is instantly mitigated.