PayID Betting

Written by Tony Baker
Reviewed by Lily Harris
Last updated on

PayID betting refers to using PayID, a fast and secure payment method, for transactions on online betting platforms. PayID, an Australian payment system introduced in 2018, simplifies transfers by linking your email address, phone number, or ABN to your bank account. Instead of dealing with long account numbers or BSB codes, bettors can make payments with ease using their linked identifier. This method is supported by over 100 financial institutions in Australia, making it widely accessible for domestic bettors.

With its growing popularity in the Australian betting market, PayID has become a go-to option for punters who value speed, convenience, and security. Betting platforms that accept PayID provide users with an efficient way to fund their accounts and withdraw winnings, eliminating the delays and complexities often associated with traditional payment methods.

We’ve thoroughly reviewed numerous betting platforms and compiled a list of the best PayID betting sites. Each site is licensed, secure, offers fast payouts, and features a diverse range of sports, racing, and eSports markets.

How we rate

At PayID-Pokies-Sites, we rate casinos based on strict criteria, including game selection, payment options, security, and customer service. Our team thoroughly evaluates each site by self-testing to offer reliability and transparency, giving our readers a trusted guide for safe gaming.

Gambling addiction

We prioritize responsible gaming at PayID-Pokies-Sites, offering resources to help players recognise gambling risks. From self-exclusion tools to support organisations, we provide all the needed information in our Responsible Gambling guide to encourage a safe, enjoyable experience.

Restricted countries

Be aware that if you are an Australian, some casinos may be considered offshore and illegal in your country. It is your responsibility to do so or not, but the Payid-Pokies-Sites team does not advocate or recommend breaking Australian law.

Welcome bonus

WinShark

5/5
WinShark Review
  • Casino offers achievements system
  • User-friendly design
  • Responsive customer service
up to AU$ 4,100 + 300 Free Spins
Play Now
WinShark’s welcome package offers 240% up to $4,100 + 300 Free Spins across your first three deposits. To claim the bonus, you must deposit at least $30. 300 Free Spins are valid from a $80 deposit. Before any winnings can be withdrawn, a wagering requirement of x40 times the bonus amount must be fulfilled.
Welcome bonus

Trip2Vip

4.9/5
Trip2Vip Review
  • VIP program available
  • Crypto-friendly
  • Games from over 50 providers
up to AU$ 2,500 + 250 Free Spins
Play Now
50x wagering turnover on first deposit, and 40x on the next three following deposits. A total of 250 Free Spins will be provided at a rate of 100 per deposit, applicable to BGaming’s Elvis Frog in Vegas. These spins are valid for activation during 24 hours, after which players will have 3 days to use them. The minimum deposit is 30 AUD. All wagering requirements must be fulfilled within a 30-day period.
Welcome bonus

Zoome 

4.8/5
Zoome  Review
  • Extensive selection of game providers
  • 24/7 live chat support
  • Various responsible gambling options
up to AU$ 2,500 + 250 Free Spins
Play Now
Total welcome package of 300% up to $2,500 applied over the first three deposits. To activate the bonus, deposit at least $30. Then, you’ll also receive 250 Free Spins on “Zoome in Vegas”. All bonuses are subject to a wagering requirement of x40 times the bonus amount before any winnings can be cashed out.
Welcome bonus

BetBeast

4.7/5
BetBeast Review
  • Casino and sportsbook
  • App available
  • Over 7,000 games
up to AU$ 5,000 + 250 Free Spins
Play Now
The casino offers a $5,000 Welcome Package of 250% up to $5,000 across four deposits. A minimum deposit of 20 AUD is required for each bonus, and a 40x wagering requirement must be completed within 7 days. The maximum bet allowed with an active bonus is 5 AUD, and not all games contribute equally towards fulfilling the wagering requirements.
Welcome bonus

Nomini

4.7/5
Nomini Review
  • Large portfolio of games
  • Live chat support available 24/7
  • Pokies with progressive jackpot
up to AU$ 4,000 + 200 Free Spins
Play Now
When you sign up with Nomini, you can receive a total welcome package of up to $4,000 on your initial three deposits. To claim the bonus, you must deposit at least $30. You will also receive 200 Free Spins with a minimum deposit of $50. Before any winnings can be withdrawn, a wagering requirement of x40 times the bonus amount must be fulfilled.
Welcome bonus

BetAlice

4.6/5
BetAlice Review
  • 50% weekly reload bonus
  • Bonus Crab Available
  • Competitive Tournaments
up to AU$ 750 + 200 Free Spins
Play Now
New players at BetAlice can receive a total welcome package of 100% up to $750. To activate the bonus, make sure your first deposit is a minimum of $20. Then, enjoy 200 Free Spins on the casino’s slot games. All bonuses are subject to a wagering requirement of x35 times the bonus amount before any winnings can be cashed out.
Welcome bonus

PlayZilla

4.6/5
PlayZilla Review
  • Wide variety of games
  • Fast KYC
  • 24/7 live chat support
up to AU$ 1,500 + 500 Free Spins
Play Now
35x wagering turnover. A total of 500 Free Spins will be provided at a rate of 10 spins daily, applicable to Amatic’s Buffalo and Netent’s Starburst games. These spins are valid for 24 hours, after which a new batch becomes available, each subject to a 35x wagering obligation. The minimum deposit is 20 AUD. All wagering requirements must be fulfilled within a 30-day period.
Welcome bonus

Spinoloco

4.6/5
Spinoloco Review
  • Low minimum withdrawal amounts
  • Live chat is available
  • Crypto friendly
up to AU$ 5,000 + 250 Free Spins
Play Now
Total welcome package of 325% up to $5,000 applied over the first four deposits. To activate the bonus, deposit at least $20. Then, you’ll also receive 250 Free Spins on the casino’s pokies. All bonuses are subject to a wagering requirement of x30 times the bonus amount before any winnings can be cashed out.
Welcome bonus

GW

4.5/5
GW Review
  • Exclusive Pokies
  • Top-Level Security and Transparency
  • VIP Program with Personalized Privileges
up to AU$ 4,000 + 200 Free Spins
Play Now
To welcome new players, GW Casino offers bonuses on their first three deposits. To be eligible for the bonus, players must deposit at least $30. You will also receive 200 Free Spins. All bonuses come with a wagering requirement of x35 times the bonus amount that must be met before any winnings can be withdrawn.
Welcome bonus

Wager Beat

4.5/5
Wager Beat Review
  • Exclusive Bonuses
  • Innovative Pokies
  • Daily Tournaments
up AU$ 4,000 + 200 Free Spins
Play Now
New players at Wager Beat can receive a total welcome package of 400% up $4,000 over their first three deposits. To activate the bonus, make sure your first deposit is a minimum of $30. Then, enjoy 200 Free Spins on the casino’s slot games. All bonuses are subject to a wagering requirement of x35 times the bonus amount before any winnings can be cashed out.

PayID Betting Pros and Cons

Using PayID for betting is a popular choice among Australian punters, thanks to its user-friendly nature and lightning-fast transactions. However, like any payment method, it comes with its share of advantages and drawbacks. Below is a detailed look at the pros and cons of PayID betting.

Pros of PayID Betting

  • Speedy Transactions: Payments are processed in real-time, ensuring quick deposits and withdrawals.
  • User-Friendly: Simple setup using your email or phone number, with no need to remember lengthy account numbers.
  • Reduced Errors: The use of familiar identifiers minimises the chance of transferring money to the wrong account.
  • No Fees for Most Transactions: PayID itself doesn’t charge additional fees for payments.

Cons of PayID Betting

  • Dependent on Banks: PayID’s functionality relies on participating banks, so outages or issues with your bank can disrupt transactions.
  • First-Time Deposit Delays: Some betting sites may take longer to process initial deposits for security checks.
  • No Chargeback Options: Unlike credit cards, reversing payments made through PayID is more challenging.

Despite these challenges, PayID remains a top choice for Australian bettors who value convenience and security.

Why Choose PayID for Online Betting?

PayID simplifies online betting transactions, making it an excellent choice for Australian punters. Its real-time processing ensures that deposits reflect in your betting account instantly, so you never miss out on placing a bet. Furthermore, it eliminates the need for complex account details, replacing them with an easy-to-remember email address or phone number. This user-friendly setup reduces errors, making transactions quicker and smoother.

Security is another reason PayID is preferred by bettors. It uses advanced encryption to safeguard personal and financial details, offering peace of mind when making online payments. Additionally, many top Australian betting sites now support PayID, making it a widely accepted and reliable option for punters across the country.

How to Deposit with PayID at Betting Sites (Step-by-Step)

Depositing with PayID on betting sites is a simple and efficient process that gets you into the game faster. Here’s a detailed step-by-step guide to help you fund your account:

  1. Choose a Reputable Betting Site: Start by selecting a licensed and regulated betting platform that accepts PayID. Check reviews to ensure the site is trustworthy and secure.
  2. Create or Log In to Your Account: New users should sign up and complete the registration process, while existing users can log in with their credentials.
  3. Navigate to the Deposit Section: Once logged in, locate the “Deposit” or “Banking” section on the site.
  4. Select PayID as Your Payment Method: Choose PayID from the list of available deposit options.
  5. Enter Your Deposit Amount: Specify the amount you wish to deposit, ensuring it meets the site’s minimum or maximum limits.
  6. Provide Your PayID Information: Enter your registered PayID, which could be your email address or phone number.
  7. Confirm the Transaction: Double-check all details, then approve the transaction through your banking app or online portal.
  8. Wait for Confirmation: Most transactions are processed instantly, but your first deposit may take longer for verification.
  9. Start Betting: Once the funds reflect in your account, you’re ready to place your bets.

Using PayID ensures a seamless deposit process, allowing you to focus on the excitement of betting.

Can PayID Be Used on Mobile Betting Apps?

Yes, PayID is fully compatible with mobile betting apps, making it an ideal choice for punters who prefer betting on the go. Most major betting platforms offer well-designed mobile apps where users can deposit, withdraw, and place bets using PayID. These apps are optimised for speed and convenience, ensuring smooth transactions and access to all betting features.

PayID’s mobile compatibility also means that you can make deposits or withdrawals directly through your smartphone’s banking app, without the need for a desktop computer. This combination of flexibility and speed enhances the overall betting experience, particularly during live events where timing is critical.

Live Betting and PayID

Live betting is a dynamic and fast-paced form of wagering, and PayID complements this perfectly by enabling instant deposits. If you’re following a live match and need to top up your account quickly, PayID ensures there’s no delay, allowing you to place bets in real-time without missing any action.

Platforms like Betfair, which specialise in live betting, benefit significantly from PayID’s speed. Whether you’re betting on horse racing, football, or tennis, the ability to deposit funds instantly can make all the difference in seizing the best odds as they fluctuate during the game.

Other Payment Methods Similar to PayID

While PayID is a fantastic option, there are other payment methods that offer similar benefits. Here’s a quick comparison:

Payment MethodSpeedSecurityGlobal AvailabilityFees
PayIDInstantHighLimited (Australia only)No direct fees
PayPalInstantHighGlobalMay charge fees
Google PayInstantHighGlobalFree
POLiInstantHighAustralia onlyNo direct fees
Apple PayInstantHighGlobalFree

Each method has its strengths, but PayID’s simplicity and security make it stand out for Australian bettors.

Is PayID the Future of Betting Payments?

PayID is revolutionising how Australians approach online betting payments. Its ease of use, lightning-fast transactions, and robust security measures have made it a favourite among punters. By eliminating the need for complicated account details and offering real-time processing, PayID streamlines the betting experience like never before.

As more betting platforms adopt PayID, its influence is only set to grow. Whether you’re a seasoned bettor or a newcomer, PayID offers a reliable and efficient way to manage your funds. With its increasing popularity, it’s safe to say that PayID is shaping the future of online betting payments in Australia.

PayID Expert

Tony Baker

23+ Articles
5+ Years of experience
Expert areas: Payment methods Casinos Bonuses
Nationality Australian
Place of residence QLD
Education Master's degree
Age 36
Lily Harris

Editor in Chief

Updated