iDebit is one of the most popular payment method for Canadian players. Take a look in our article for more information on why to choose iDebit, it’s main advantages and popular sportsbooks that accept it for deposits.
Recommended iDebit Betting Sites:
What is iDebit?
iDebit is a Canadian based financial institution. iDebit acts as a intermediary, between your betting account and your bank account. You can deposit immediately in a site of your choice without using debit card and your bank transaction does not show gambling activity.
How to Deposit With iDebit?
Depositing via iDebit is extremely easy and there are few simple steps. Once you select iDebit as your preferred method, you need to select your bank and login into your account. Make sure that your bank is on the list, as not every Canadian bank is currently available. Once you connect your bank to iDebit account, you can freely deposit and funds will be available in your betting account immediately.
Which Sites Accept iDebit?
Locally based Canadian sportsbooks like Bet365, Bet99 and LeoVegas were the early adopters of iDebit payment method, but recently we see international bookies like Nine Casino, Lala.bet and 22Bet also providing this method. Although being regulated in Canada is a great advantage, we tend to review sportsbooks available internationally as they provide much more variety including cryptocurrencies.
Can You Withdraw Via iDebit:
Although using your bank account for deposits, withdrawals go directly into your iDebit account. In order to transfer money to your bank account you need to initiate a withdrawal request that as of 2024 comes with a 2$ fee.
iDebit Withdrawal Information:
In order to withdraw money from your iDebit account, you need to enter bank account information. Just like you meet you deposit, iDebit works with bank accounts only. You can’t withdraw money via e-wallet, or cryptocurrencies. If you need alternative payment methods, you can check out our Canadian Betting Sites article, where we have included sportsbooks that also accept cryptocurrencies.
Alternative Canada Payment Methods:
If you are looking for another payment method that works for Canadian sites, we recommend looking into e-wallets like Jeton, Skrill and Neteller. iDebit is much cheaper if you compare it to Skrill and Neteller fees, but as we have previously mentioned not every site accepts iDebit. If we have to compare fees, deposits made from your iDebit account might include 1.50 CAD fee, while e-wallets fees these days are a little bit higher.
Disadvantages When Using iDebit:
We can hardly characterize disadvantages regarding iDebit. It is a great tool for deposits and withdrawals in sportsbooks directly from your bank account with just a few clicks. If you are looking for a payment method that, provides access to another options like PayPal or cryptocurrencies, iDebit is not for you. If you are looking for a simple payment solution that provides instant deposits in a certain sportsbook, without the need of a debit and credit card, iDebit is the best option for players from Canada.
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