Are there any problems recovering winnings on a foreign sports betting site?

Man with an idea admired by thumbs up

There's no point taking advantage of great odds and good betting conditions if you can't withdraw your winnings. As an Irish punter, you may be concerned about the procedure for paying out winnings. You can find the answers to your questions here.

More payment methods

An advantage of offshore betting sites over bookmakers with a GRAI license is that the former accept more payment methods than the latter. Transactions are therefore more convenient on a foreign bookmaker than on a local betting site. For example, on foreign sports betting sites, you can use cryptocurrencies for your transactions (deposits and withdrawals). These methods have the advantage of facilitating withdrawals, which are therefore virtually instantaneous. You receive your winnings when you want them. The latency time is therefore sufficiently reduced.

What's more, you can use an electronic wallet on foreign bookmakers. This is a very practical tool for securing your bank details. It is in fact an isolated account reserved solely for your online transactions. In conclusion, withdrawals are more convenient and quicker with international operators.

Having more payment methods at your disposal makes it easier to withdraw your winnings.

Here are some sports betting sites that accept crypto:

Vave Logo

Specialised in Crypto

Min. deposit: USDT 20

BTC 1

100% of the first deposit

The benchmark for cryptocurrency betting. Comprehensive platform and attractive odds, pay the winning players.

MrXbet Logo

Adequate and comprehensive

Min. deposit: €10

€1.000

100% of the first 4 deposits

Direct access from Ireland, without blocking. All offshore sports betting offers (+eSport +casino) immediately accessible.

Betlivecasino Logo

New and complete

Min. deposit: €5

€100

100% of first deposit

Without GRAI restrictve licence but with Curaçao international licence. Maximum sport and regular cashback.

Withdrawal conditions displayed

When you want to withdraw your winnings, it all depends on the bookmaker's conditions. Some bookmakers require the amount to reach a certain value before withdrawal. Others require a certain frequency of play. You should therefore read the sports betting site's terms and conditions carefully. With a foreign bookmaker, withdrawal conditions are rarely abusive, but you should be careful.

Player feedback

To make sure you don't have any problems, you can simply look for player reviews of the operator you're thinking of signing up with. For my part, I only offer operators on this site with whom I play and who of course pay me my winnings.

A trusted intermediary

A man you can trust

Finally, but this is more for the big players, you can use a trusted intermediary between the sites where you bet and your payment/withdrawal method. This is one of the advantages of a sports betting broker. Here's how it works:

1- Apply to a sports betting broker. You have registered on the foreign site through it. With your real identity and details, you will not be able to withdraw your winnings. The broker will then withdraw the money from the bookmaker concerned.
2- Winnings are withdrawn in the currency of your choice, including the currency used for the deposit. If, for example, the deposits are made in cryptos, you will withdraw in cryptos.
3- The broker pays your winnings into your electronic wallet or walletcrypto. Of course, the broker takes a small commission.

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