The Best Trustly Betting Sites
Trustly is a great idea, on paper at least! You can deposit at online sports betting sites without having to disclose your financial details to the bookmaker. The service offers a similar function to a bank transfer, except it’s instant and doesn’t attract charges from your bank. As well as letting you know if this is a useful payment method, we also seek out the top Trustly betting sites. Everything you need to know is contained in our review. Read on to find out more!
Betting Sites That Accept Trustly
On our mission to find the best betting sites that accept Trustly, we have called on our many years of online betting and ask the questions we know you want the answers to. We’ve checked all the legal operators in the UK, and the table below contains all the best bookmakers that accept Trustly.
|Trustly Bookmaker||Welcome Bonus||Min. Deposit||Max. Deposit||Odds Levels||Webseite|
|LV Bet||50% Deposit Offer||£10||£5,000||Up to 96.43%||Bet Now!|
|bwin||£10 Bonus Back-up bet||£10||£8,096||Up to 96.89%||Bet Now!|
How Do I Prepare For Using Trustly for Online Betting?
As Trustly 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, and you do not need to create an account. 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 Trustly betting sites you are using.
- Step 1 Ensure you have enough funds in your bank account to cover the deposit
- Step 2 Check that the current online sports betting site you wish to use accepts Trustly
- Step 3 Deposit funds using your Trustly account from one of our recommend bookies
A benefit of using this payment method is that it enables you to take advantage of the welcome offers at the best Trustly sites. These bonuses can be quite generous and will increase your bankroll, some other payment options exclude you from receiving these so this is hugely positive in our eyes.
How to Deposit Using Trustly
When depositing at betting sites that accept Trustly, it is an easy process, it does, however, involve more than one stage. You first need to log-in to your bookmaker, access the account section, and you then need to select the deposit option. In the list of deposit options, pick Trustly and then the bookmaker will ask you to choose the name of your bank from the list.
- Log-in to Your BookmakerAt the betting site log-in using your user name and password and select the account section [1/3]
- Select Your Bank From the list of banks shown, pick the correct one that you have an account with.[2/3]
- Enter your Online Banking Details You will now be directed to your online banking gateway. You need to enter the details that you use for your online banking. Enter the amount you wish to deposit and confirm.[3/3]
When you have selected your bank from the list that you will be shown, 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. If you do not have internet banking active, you will need to apply for this. Follow the instructions on the screen and enter the amount to deposit and confirm. You will then return to the bookmaker, and your balance will be updated.
How to Withdraw with Trustly
When you wish to make a withdrawal request at the best Trustly betting sites, the process you’ll be pleased to know is a lot faster than depositing, and you don’t need to log into your internet banking account. The Trustly betting sites take care of that for you. Let’s look at the steps you need to take to request your funds;
The first step, like when you deposited, is to log-in to your bookmaker and access the account section. Choose withdraw this time and select Trustly from the list of options shown. You will need to enter your bank details and how much you wish to take out of your bookmaker account. Once the request has been processed, the funds will be in your bank account.
Fees when using Trustly
If you have read our bank transfer payment review you’ll be aware that although bookmakers do not charge for depositing and withdrawing, the banks can and often do. And if you want to deposit funds quickly, the charges for an express bank transfer can be very costly, usually equivalent to the average amount punters pay in.
As a Trustly deposit uses your bank account and is instant, you would imagine that this facility is expensive like a bank transfer. The good news is that neither Trustly or the online sports betting site charges you to use this payment method, this in itself makes it a cost-effective option for bettors.
Advantages of Gambling with Trustly
Now we have explained the basics of Trustly gambling, including how to deposit and withdraw; we will now highlight what we believe are the stand-out features of this payment method and why you should consider it over the many other options available to you. Whether these are important to you will depend on your needs and how you like to bet.
Speed of Deposit
Using Trustly could be described as a bank transfer on steroids! A standard request to transfer funds from your bank account to another can take days, if not weeks, which is far from ideal if you need the money to place a bet for the weekend’s fixtures. You have no such delay when using this payment method; deposits are performed instantly at the best Trustly betting sites.
Details Not Shared With the Bookmaker
One of the biggest concerns when betting online is the fact that you are sharing your financial details with a third-party. And while we know that bookmakers have some of the most sophisticated security measures, every time you use your details, the chances of your details being compromised increases. This is not an issue when using Trustly; you access your bank directly and never give the bookie your details.
Free to Deposit and Withdraw
Banks are not usually known for their value for money, so any payment involving one makes us anxious that there will be charges somewhere down the line. However, using Trustly betting sites to pay for goods and services breaks that mould as your bank will not charge you for using this service. When you factor in that the payment method doesn’t cost anything either, it’s an incredible service.
- Deposit speed
- Very secure
- Trusted by corporations
- No charges to use
- Two-stages to deposit
- Not universally accepted
- Withdrawals not instant
- Details not stored
Disadvantages of Gambling with Trustly
So far, we’ve seen that betting sites that accept Trustly offer many features that the canny punter would expect to see. However, no payment method is perfect, and in this section, we delve a bit deeper to find the potential flaws. We love to give credit where it is due, but we are also quick to point out when something could be done better.
One of the downsides at a Trustly gambling bookmaker is the simple fact that it is a two-stage process to deposit. You first have to log-in to your online sports betting site to inform them of the deposit, followed by logging in to your banking portal to complete the process. Even if it’s not a lengthy process, it does take longer than paying by a debit card.
Not Available at All Bookmakers
When researching and writing this review of Trustly, one of the most baffling aspects of this payment method was why don’t more bookmakers accept it? After all, you don’t have to disclose your details to the bookie, which is excellent for the punter and deposits are instant, which is great for the operator. However, very few accept Trustly directly.
Legality and Safety When Using Trustly
You’ll have noticed that we have mentioned security repeatedly in this review and for good reasons, all of our featured best betting sites are legal and licensed. Fraud is the fastest growing crime in the UK, rising by an average of 6% every year and the figure lost to criminals is a colossal £1.2bn. Therefore any protection that prevents this always scores highly with us.
Due to the fact that you are using your bank to make the deposit and withdrawals, this payment method benefits from the security they provide, and it almost goes without saying that banks have the most secure protection available. Trustly itself holds a European Payment Services Provider (PSP) license and is fully regulated. Another factor that makes this payment method safe is that Trustly never stores your financial information, so even if there was a data breach, they don’t have your information.
Who Are Trustly?
Trustly started life in Stockholm in Sweden in 2008, one of the first Alternative Payment Methods (APM), it was designed to be a viable alternative to credit and debit cards. One of the fastest-growing companies in Europe, Trustly has grown from a handful of employees to 300 in eleven years and has offices in Stockholm, Sliema, London, Örebro, Cologne, Barcelona and Helsinki. The number of Trustly bookmakers is growing as this payment method is accepted at over 800 online merchants.
|Parent Company:||Trustly Group AB|
Highly respected in the online sports betting arena, Trustly picked up three titles at the Malta iGaming Excellence Awards with the payment method taking Malta’s Best Payment Provider Company of the Year, Malta’s Best Employer Brand of the Year and Malta’s Best iGaming Excellence in Customer Service of the Year. Trustly is trusted by corporations and has partnership deals with PayPal, Skrill, shopify and many others.
Alternative Payment Methods to Trustly
Before we reach our conclusion section, we wanted to provide you with a couple of alternatives to Trustly, in case you are still undecided if this is the payment method for you when partaking in sports betting. One of the negatives we discovered with Trustly us that it is a two-stage process to deposit or withdraw, this takes longer. If speed is of the essence, there are few better than using Visa or Mastercard debit or credit cards.
We’ve highlighted the enhanced security available at Trustly betting sites, another payment method that offers similar protection is an e-wallet such as Neteller or Skrill. Using either of these allows you to top up your account at many online sports betting sites without having to disclose your card or bank details to the operators.
Is Trustly Recommend For Betting?
Our first experience of Trustly in this review was using it to top up our PayPal account, and we must admit that it initially made us nervous and we were unsure why we needed to log-in to our online banking account. Despite our initial misgivings, it turned out to be a pretty straightforward and painless experience. Instantly depositing from your bank account without disclosing information is a great idea, and betting sites that accept Trustly will suit most bettors needs.
Why 888Sport Is Great for Trustly Bettors Excellent Sports Odds Mobile Friendly Huge Range of Markets Great Promotions Read our 888sport review
Trustly is not perfect, though! While deposits are instant, withdrawals take longer, up to 3-5 days at some sites, unlike PayPal which can give you access to your winnings in just a day. As Trustly doesn’t store your details, this is a blessing and a curse, it’s very secure but does mean having to repeat all the steps each time. There is also a distinct lack of bookmakers who accept Trustly which can be frustrating; however, you can use this payment method to top-up a Skrill or Neteller account which makes it useable at just about every site. Overall we like Trustly and would recommend it for punters.
FAQ’s About Trustly Betting
To ensure that our guide to Trustly betting is as comprehensive as possible, we have searched the internet to see what the most common questions that get asked about this payment method. In this section we list the top three and provide the answers below;
Can I Use Trustly for Online Sports Betting?
Yes, the only requirement is that you have a UK bank account which accepts Trustly. The following banks do; Barclays, Halifax, HSBC, Lloyds Bank, Metro Bank, Nationwide, NatWest, Royal Bank of Scotland, Santander, The Co-operative Bank, TSB and Ulster Bank. Not all betting sites accept Trustly; you can find our recommended ones in this section .
Is Using Trustly Safe?
Without doubt Trustly is one of the safest and most secure ways to bet online. You are not using your credit or debit cards but instead, use your banks' online banking platform to make the transaction. Trustly also has its own fraud detection built-in, which means you have two layers of protection. You can read more in our safety section.
Is Using Trustly Expensive?
The use of Trustly is free for you as a customer at online sports betting sites and unlike other methods such as a bank transfer, there will be no hidden charges imposed by your bank or building society. The full amount that is taken out of your bank account will be available for you to use at the bookmaker. You can find out more information in our section on costs.