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The Best Giropay Betting Sites

Giropay LogoAs we live in a multicultural world with people from all over the globe calling the UK home, our guides to the different payment methods reflect this by including giropay. Hugely popular in Germany, giropay isn’t available for punters here, but as we know many Germans call Britain home, and if ‘Auf Wiedersehen, Pet’ taught us anything, many Brits have a German bank account; therefore we present our guide to the best giropay betting sites.


Recommended Betting Sites That Accept Giropay

As giropay isn’t a payment method that is accepted for bank holders on our shores, you’ll not be surprised to learn that not many UK facing bookmakers offer it as an accepted way to deposit. However, all is not lost, we’ve done the hard work for you, and you’ll see our results below;

The Best GIROPAY Betting Site
Bookmaker Rating Essential Info Sports Welcome Bonus Secure Link T&C
5.0 out of 5 Minimum Deposit: £10 Maximum Deposit: £4,000 Odds Levels: Up to 95.89% £30 in Free Bets Full T&Cs Apply! Customers will be awarded £15 in free bets and £15 in free spins for casino and Vegas. New customers only. Free bets valid for 3 days. Free spins valid for 7 days. 18+

While the choice of sites is limited to just one of our recommended bookmakers, it’s not all bad news. NetBet is a well respected and liked online sports betting site. In our review, NetBet scored a respectable B+ grade and offered great promotions with live betting and the choice of markets being well above average.


What Do I Need to Do Before Using Giropay?

As giropay is a direct bank e-system, the money comes straight out of your bank account, so it requires very little preparation before using this payment method. The most obvious one is to make sure you have enough funds in your overseas bank account to cover the total amount that you wish to deposit at the online sports betting site.

THE THREE STEPS TO USING GIROPAY FOR ONLINE BETTING
  • Step 1 Ensure you have enough funds in your bank account to cover the deposit Ensure enough funds to use Giropay
  • Step 2 Check that the current online sports betting site you wish to use accepts giropay Giropay log in
  • Step 3 If not, create a Netbet account by visiting the website and apply Giropay deposit section

A great thing about using giropay is that using this payment method enables you to take advantage of the welcome offers at the best giropay sites. Any bonus that increases your bankroll can only be a good thing; some other options exclude you from receiving these so this is hugely positive in our eyes.

How to Deposit on Betting Sites that Accept Giropay

When depositing at betting sites that accept giropay, it is an easy process but does involve more than one stage. You first need to log-in to your bookmaker, access the account section and just the deposit option. In the list of deposit options that you will be shown, pick giropay and then the online sports betting site will ask you to choose the name of your bank from the list.

When you have selected your bank, you will automatically be re-directed to your bank’s internet banking portal. You now need to log-in to this with the user name and password that the bank provided for you when you signed up for internet banking. Please note, this is not the details you use to log-on to the bookmaker. Follow the instructions on the screen and enter the amount to deposit and confirm.


Advantages of Gambling with Giropay

In this next section, we have assed what we think are the top three advantages of giropay gambling. We compare other payment methods and list why this one is better than others. If you have are tempted to use giropay but are still undecided, the benefits listed here should help you decide if it is suitable for your needs.


Disadvantages of Gambling with Giropay

We’ve explored what we deem as the highlights of betting sites that accept giropay, and it’s now time to take off the rose-tinted glasses and explain what we don’t like about this payment method. As each punter is different, these shortcomings may or may not affect you. Here are the two issues that we believe let this payment down;


Legality and Safety of This Payment Method

We have several times in this review mentioned that giropay is one of the safest and most secure payment methods that you can use. As you are using your bank to make to deposit at giropay betting sites, this means the security that your bank employs also protects your transactions.

That in itself should be enough to reassure you, but as an added layer, the payment method has its own protection that is employed when you use it. When making a deposit, all transactions are encrypted with AES 256-bit encryption with TLS 1.2, which ensures your data is safe from prying eyes. Need more? All giropay payments are 100% guaranteed up to a £5,000 limit which should give you peace of mind.


Giropay Company Information

Giropay is a payment method that allows you to fund purchases at a giropay bookmaker using the money that is in your bank current or savings account. When it was introduced in 2006 in Germany, it offered much quicker transaction speeds than the traditional bank transfer, which could take days if not weeks at the time.

Giropay headquarters Company Name: Giropay
Headquarters: 60322 Frankfurt, Germany
Founded: 2006
Parent Company: giropay GmbH
Emploees: Unknown
Revenue: Not Disclosed
Regulator: Federal Financial Supervisory Authority

Due to its availability at most banking institutions in Germany, the payment method became popular very quickly. In the first year of being available, €100 million worth of purchases were made using it. The rapid growth continued, and in the following year, over 3 million transactions took place. The company’s website claims that 85% of consumers in Germany have used giropay at some point.


Alternative Payment Methods to Giropay

As we come towards the end of our review, hopefully, you have a good understanding of this payment method and whether it suits your needs. However, before you make up your mind, we will suggest a couple of giropay alternatives that you may wish to consider. These alternatives are Trustly and Neteller.

If like us, you like the idea of giropay betting sites but don’t have a German bank account, the UK alternative is Trustly. Trusted (no pun intended) by e-commerce giant PayPal, it offers the same functionality but can be used with all major UK banks. As you will need a separate method for withdrawals, we would also suggest considering Neteller.


Is Giropay Recommended for Betting?

Giropay will not be suitable for the vast majority of our visitors due to the requirement of having a German bank account. If however, you do have one, this payment method is excellent for depositing. There is no need to open a new account; you use your existing online banking functionality, and the money will be available instantly for you to use.

Check out the best Giropay Bookmaker
Why NetBet Is Great for Giropay Bettors?
  • Great Promotions
  • Huge Range of Sports
  • Bet Maker
  • Mobile Friendly
Sports betting with giropay
. £30 In Free Bets VISIT SITE! Available for: iOS, android
Full T&Cs Apply! Customers will be awarded £15 in free bets and £15 in free spins for casino and Vegas. New customers only. Free bets valid for 3 days. Free spins valid for 7 days. 18+

However, it is the lack of betting sites that accept giropay that is one of the most significant issues; you’ll struggle to find many on our list of best betting sites. You also question how useful it is to use a payment method with which you cannot withdraw to, this forces you to seek alternatives, and many punters would instead use one that can do everything. Overall, throughout this betting review we feel we have made it clear there are better options than giropay gambling.

Giropay FAQ’s

We hope you found our giropay review useful and you have found all the answers to any questions you may have had. To ensure we have covered everything we have checked online to see what other punters have been asking, you’ll find the top three questions below;

Can I Use Giropay for Online Sports Betting?

If you have a mainstream German bank account or savings, account it is possible to use giropay for online sports betting. It is, however, difficult to find UK facing bookmakers that accept this payment method. We cover this in detail in our recommended site for giropay gambling section.

Are There Any Fees for Using Giropay?

The use of giropay is free for you as a customer at online sports betting sites. Whether your bank or savings bank charges additional fees as part of the account management for the use of giropay, you would need to check with them. You can find out more information in our section on costs.

Is Giropay Safe to Use at Online Bookmakers?

As you never share your debit card or any other financial information with the betting site, giropay is one of the most secure payment methods you can use. Not only does your bank’s security processes protect you, but giropay also has additional safety features. You can find out more in our Legality and Safety section.