The Best Pingit Betting Sites
Last updated: by Leon Marshal
Pingit is a revolutionary payment method that allows you to pay for goods and services using just your mobile phone account. Whether you are on a contract or pay as you go, your mobile phone can save you time, effort and stress. In our review of Pingit, not only do we give you all you need to know about the service, but we will also tell you which are the best Pingit betting sites.
Top Sites For Pingit For Punters
Pingit may not be a name you are familiar with as this payment method hasn’t taken off in the UK, despite being backed by the banking giant Barclays. To save you the time and effort of finding bookers who accept it, we have checked all the legal operators in the UK and all bookmakers offering Pingit are displayed in the table below:
|Bookmaker||Rating||Essential Info||Sports Welcome Bonus||Secure Link||T&C|
|🥇 Betfred||5.0 out of 5||Minimum Deposit: £5, Maximum Deposit: £9,999, Odds Levels: Up to 96.76%||£30||betfred.com||Full T&Cs Apply! Only available to new customers from UK & Northern Ireland. You must stake £10 or more at single/cumulative odds of Evens (2.0) or greater on your first bet. Free bet balance of £30 credited within 48 hours of your first bet being settled. Free Bets expire after 7 days. Offer not available to customers registering on 14/04/2018. E-Wallet restrictions apply. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days.|
As you can see from the table above, the only recommended online sports betting site that we could find that accepted Pingit was Betfred. That’s not all bad news as the operator scored a very respectable B+ in our Betfred review and offers a great promotional offer, but this payment method does mean you are limited in choice.
How Do I Use Pingit for Online Betting?
Pingit is controlled and managed by an app that, on your Apple or Android device, therefore if you have never used Pingit before, you’ll need to download the app from either the App Store or the Play Store. The app isn’t that big so it shouldn’t take too long to download.
- Step 1 Open up the App Store if you have an Apple device or the Play Store if using an Android.
- Step 2 Search for Pingit in the store. The icon looks like a broken ‘P’.
- Step 3 Click on the app and select download. Once completed, open the app.
Once you launch the app, you will be asked to enter a five-digit passcode which will need to be entered twice. As an added security measure, you’ll be asked to choose a security picture; this picture will be required every time you use the app. This acts as a layer of security and is a reassurance that you are using the official app when using it at the best Pingit betting sites.
Depositing at Pingit betting sites
Although we have described the steps to download the app in the previous section, you do not need to do this beforehand if you don’t wish to. When you select Pingit betting sites that accept Pingit when using your mobile, you’ll be prompted to install the app. We will now cover depositing; it’s an easy process as you’ll see in just three steps.
- Log-in at the betting site Log-in to the sports betting site with your user name and password. Access your account section and click on deposit and select Pingit as the payment method.[1/3]
- Download the Pingit AppIf you don’t have the Pingit app installed you’ll be re-directed to the corresponding app store for your device. Download the app.[2/3]
- Complete the required information At the bookmaker enter the amount you wish to deposit and enter the mobile number linked to your Pingit app. A confirmation sms will be sent to your mobile. [3/3]
As with all payment methods, you first need to log in to your online sports betting site. Click on the account section at the bookies and select deposit. In the options shown, select Pingit. If the app is installed, it should automatically launch, if not you will be prompted to install it. Enter the amount you wish to deposit and follow the on-screen prompts to complete the transaction.
How to Withdraw with Pingit
To request a withdrawal at Pingit betting sites, the process is very similar to making a deposit and shouldn’t take much more than a few minutes. You need to first log-in to your bookmaker and access the account section. Select the withdraw option and choose Pingit. You now need to enter the amount you wish to withdraw and confirm.
You will now need to enter your Pingit details which will involve typing the number that is linked to your account and once completed you’ll see a confirmation message. Once completed you will see a confirmation message and the funds will be available once processed.
In this next section, we answer the question that most sports betting punters ask when considering a payment method, “how much will it cost me?” None of us like getting charged, especially if there are cheaper options or even no charges at all. We also compare Pingit costs to other methods.
The great news is that our recommended bookmaker Betfred doesn’t charge anything for either depositing or withdrawing when using Pingit. As the payment method itself doesn’t charge either, this puts Pingit in the same category as debit cards from Visa and Mastercard who also don’t charge.
Advantages of Gambling with Pingit
Even the most well-known and well-used payment methods have highlights and lowlights, and in this section, we explore what we feel makes Pingit gambling a viable proposition. As we are all different and have different needs, these may or may not be relevant to you. Here we list what we think are the top three advantages of using it.
Manage Your Money
We like unique features that are not found elsewhere, and with Pingit you get functionality not found with any other payment method we have reviewed. You can create jars; these work like mini piggy banks and you can use the funds for different activities. So, for example, you could create a pot for sports betting and top-up this jar with your funds that you wish to spend that month. You can top up different jars separately, which is excellent for budgeting.
Backed by Barclays
While Pingit may be a niche payment method, it is backed by the banking giant Barclays which in itself should give you a degree of confidence that this payment method will be around for a long time. Using the best Pingit betting sites is secure because Barclays has a Mobile Banking Guarantee which will refund funds that have been fraudulently obtained.
One Bill Instead of Two
Many of us pay for our mobile phone usage by using direct debit, which means we don’t have to worry about remembering to pay a bill. Using Pingit means the money we want to deposit at the online sports betting site is added onto our bill and will get paid automatically when the direct debit is paid. We like this idea as it is one less thing to worry about in life.
- Safe and Secure
- Free to Use
- Instant Deposits
- No Need to Share Details
- Not Accepted at Many Bookmakers
- Low Maximum Deposit
- Not Universally Accepted
- Withdrawal Times
The Downside of using Pingit Online
You’ve seen that it has many benefits, such as the speed of deposit, free to use, and there is no need to share your details. But what about the negatives? After all, no payment method is perfect. Therefore in this section we list a couple of issues we have with betting sites that accept Pingit.
Lack of Choice in Bookmakers
As with many things in life, choice is king. Having plenty of options allows you to shop around to ensure you are getting the best value, the top promotions and in the unlikely event of something goes wrong, you can move on to another company. Unfortunately, finding a Pingit bookmaker is a tough task with only one of our recommended operators accepting it.
Takes Longer to Withdraw than Deposit
One of the biggest gripes we have with online sports betting sites, in general, is how long it takes before your winnings can be used. After all, when we deposit, the money is taken out of our accounts instantly and is available to be used. However, when we request a withdrawal, it can take a few days. In fairness, the one business day quoted is much better than most payment methods.
Do I Need to Create an Account with Pingit
There is no need or ability to create an account to use Pingit as it is all managed via the IOS or Android app. If you visit the Pingit website intending to create an account, you’ll see there is no option to do so. The site is not a complete waste of time though as it does contain a lot of information about the service as well as an offer in which you can earn up to £50 by referring your friends to the Pingit platform.
Online Safety of Pingit
One of the biggest concern when using the best betting sites online is the safety of your funds and the risk that cybercriminals could intercept your transaction or hack into your account. When using Pingit betting sites, the risk of a security breach is lower than most payment methods as you are never sharing your financial details with the bookmaker directly.
You are instead using the platform as an intermediary who never discloses your personal or financial information; another level of security is that you need to confirm your transaction via your mobile phone. Therefore your phone is required to verify any payment. Not only that – Barclays Mobile Guarantee promises to refund money that has been lost by fraudulent means.
The History of Pingit
It was initially called Barclays Pingit when first launched in 2012. When first released, it was a product that was exclusively for Barclays bank customers, and the service had a requirement that the user needed to be at least eighteen years old. Despite the payment system being app-based, the service is linked to the mobile phone number, not the device used. Therefore the service can be used on different mobile phones at a Pingit bookmaker, as long as the identity is correctly verified.
|Headquarters:||1 Churchill Place, London|
|Parent Company:||Barclays Bank PLC|
|Regulator:||Financial Services Authority|
Barclays later dropped the requirement for the consumer to be a Barclays customer, as well as removing the minimum age requirement. Although primarily marketed as a product for the individual with options to send money to family and friends, in recent years Barclays has targeted business users, and the platform enables invoices to be sent with requests of payment.
Alternative Payment Methods to Pingit
We have almost reached the end of our review of this payment method and you should by now have a good understanding of Pingit betting sites and whether they suit your needs. However, before you decide we have a couple of alternatives you may wish to consider.
If the security of a payment method is your number one consideration, then PayPal is a great alternative. Owned by e-commerce giant eBay, it allows funds to be added via a variety of ways including direct bank transfer via a service called Trustly which doesn’t require you to share details, read our review of PayPal here . Another popular method is an e-wallet such as Neteller which also allows payment to be made without sharing financial details.
Is Pingit Gambling Recommended?
One of the biggest surprises about betting sites that accept Pingit is that there isn’t more of them! After all, it has many features that would appeal to punters such as the ability to fund your bookmaker account without the need to share financial details. Deposits are instant, and even withdrawals are completed in much faster timescales compared to the majority of other methods.
- Great for Sports
- Competitive odds
- Excellent Mobile App
- Trusted Brand
Another function we like is the ability to create ‘jars’, these allow you to budget and set aside money that you can use at betting sites, a novel and useful feature. However, all these great benefits are overshadowed by the simple fact that there are very few betting sites accepting Pingit, in our research, just Betfred take it. This is a dealbreaker, in our opinion, and we feel there are better options out there.
Frequently Asked Pingit Questions
We wanted to make our guide to Pingit betting sites as thorough and detailed as possible. So, we have searched the internet to find out what punters most frequently ask about using the payment method for Pingit gambling online. In the following section, you will find the answers to the questions most commonly asked about the topic.
🏆 What are the best Pingit betting sites?
The best Pingit betting sites are ones licensed by the Gambling Commission. Having a UKGC licence is the number one indicator of a safe, trustworthy site. All the sites listed here are UKGC licensed, so you can check out our list of the top Pingit betting sites above for some suggestions.
💳 How do I deposit with Pingit at online betting sites?
The first step is to install the Pingit app on your mobile device and set up your account. Once you've done that, go to your favourite Pingit betting site and select it as your preferred deposit method. If the app is installed correctly it will automatically open. Follow the on-screen instructions to deposit to your account. See our step-by-step guide on how to deposit at online betting sites with Pingit.
💷 Can I withdraw from my online betting account with Pingit?
Yes, you can withdraw your online betting funds using Pingit. To do so, go to the cashier section of your Pingit bookmaker and select withdraw. You will receive on-screen instructions and be required to verify your identity. See our outline for withdrawing from Pingit betting sites for a full overview of the process.
👮 Are Pingit betting sites trustworthy?
Pingit online betting sites are very secure, provided they're licensed by the Gambling Commission. Furthermore, the app is backed by financial giant Barclay's, so you know the app is legitimate. You can see our write up about the security of Pingit for the full scoop.