Revolut Betting Sites

Revolut works as one app for all things money, offering its users the ability to conduct everyday spending, plan for the future with savings and investments, and much more. Online payments can also be made through the app, which makes it an ideal option for online sports bettors to use.

Over 30 million people use Revolut for personal reasons, and it features 29 in-app currencies, whilst being supported over 200 countries. In this Revolut review, we’re going to learn more about it.

Understanding Revolut and Its Features

Before you sing up to one of the best betting sites in South Africa and use Revolut there, you’ll need to know more about it. The payment method comes with its own handy features, to ensure you have the most enjoyable time while placing your preferred sports wagers. Find out more about these below.

What Is Revolut?

Russian Nikolay Storonsky and Ukrainian Vlad Yatsenko founded Revolut in July of 2015. Originally, it had its base of operations in Canary Wharf, London. In 2017, it also began offering cryptocurrency services, including crypto trading.

It was one year after that when the company received a Challenger bank licence from the European Central Bank. This ensured it could accept depotis and offer consumer credits. A global deal with Visa was announced in 2019, which allowed it to expand into 24 new markets as well. It has since launched in the USA, Japan, and many other locations.

Revolut offers its users banking services in various currencies, including in South African rand. There are no physical bank branches available, with all activity occurring via the mobile app. You can request Visa or Mastercard banking cards to link up to your Revolut account, too. The company also provides virtual cards. Any time you use Revolut, you will experience a secure service, with transactions taking place instantly, and for free.

Benefits of Using Revolut for Betting

Just like in our very own betting guides, there are certain things to know about using Revolut for online gambling. It comes with a host of features that will make your experience a lot more comfortable and provide you with certain advantages. You can find out more about these benefits at Revolut sports betting options below.

• Competitive Currency Exchange Rates – If you’re based in South Africa, then there is a likelihood that you’ll want to gamble in South African rand. Yet perhaps that won’t always be the case. Most online gambling sites support several currencies. Others may not support rand payments. So, if you want to convert your money to an alternative before depositing at your chosen site, you can do with Revolut and take advantage of the competitive rates.
• Simple Payments – It’s not difficult to use Revolut for your online sports betting transactions. Within the app, you can take advantage of using a bank transfer, as you receive a sort code and account number upon opening an account. You also get a physical card from Visa or Mastercard, which can be used for transactions in the normal way.
• Fast and Secure Transactions – When you send money via Revolut, the funds will leave your account straight away. Within seconds, they will appear in your sports betting account, and this way, you can start placing wagers instantly. The top level of security is in place when transactions are occurring, too. All funds are sent in encrypted format, and all your personal details within the Revolut app are kept safe from third parties.
• Free Money Transfers – Revolut does not charge you for depositing money into an online sportsbook. Instead, you input the relevant information at the online site, complete the transaction, and the money is sent without extra charges. This way, you get to bet with everything you deposit.

Choosing the Right Revolut Betting Sites

You’ll need to know how to go about selecting the best Revolut betting site for you. Each one comes with something different to appeal to players. For example, joining the Bwin online sportsbook wouldn’t serve you with the same experience as if you joined any of the others we recommend. So, how do you go about choosing the right Revolut sports betting site?

Researching and Comparing Revolut Betting Sites

Researching an online sportsbook is a key process to go through before joining it. You need to know everything possible about it before you sign up and deposit money there. Then, you need to compare what you have researched with the features of other online sportsbooks in South Africa. Here are some of the most important features to keep an eye out for when researching them.

• User Experience – See if you feel comfortable when navigating around the desktop website and/or mobile sportsbook. Can you move from one section to the next with ease? Are deposits and withdrawals simple to make? Can you load the sports betting lobby up and place wagers in a quick and easy fashion?
• Gambling Licence – An online sportsbook without a licence is operating on its own rules and morals. This means that it could be bad for you and your funds. Always check to ensure the site you intend to join comes with a gambling licence from at least one reputable jurisdiction. This way, it has a set of rules and regulations to adhere to, thereby keeping you protected.
• Sports Betting Markets and Odds – Placing bets on sports is what we all sign up to online betting sites for, right? Well, the more of these sports and associated markets that there are, the more a site stands out. We like diversity as bettors. Plus, there needs to be a set of competitive odds in place, too. Getting the best price on the markets you’re wagering on is key.
• Available Promotions for Revolut Users – It’s not likely that you’ll find promotions specific to Revolut users at any South African sportsbooks. Yet you will be able to see a variety of special offers catering to bettors in general. Revolut users shouldn’t be omitted from being able to receive these. This makes the Revolut integration for sports betting at sites even better.
• Online Reputation – You can learn a lot about a sportsbook by what everyone else is saying about it. A brand’s online reputation is a prime factor to consider when researching sites. It also depends upon what you’re intending to bet on. The top site for online cricket betting in South Africa may not necessarily be the best for someone looking to wager on rugby or football, for example.

Understanding Revolut Integration and Features

Revolut itself is not integrated with sportsbooks. Instead, users download the app, add money to their account and then deposit this at sports betting sites via a bank transfer or a card payment.

Anyone who isn’t comfortable with entering physical card details into an online betting site can instead utilise a virtual card. These are easy to request via the app and allow you to deposit funds in a one-time transfer before the card becomes defunct.

Regardless of how you choose to use Revolut for betting, deposits and withdrawals will offer a seamless experience. This is because they occur quickly and are simple to process.

You’ll also receive notifications through the Revolut app when your money is leaving your account and when it has been sent to the sportsbook. The same is true in a vice versa formula when you make a withdrawal.

Something else to add is that Revolut helps you with budgeting your funds for betting. We’ll speak more about managing your bankroll in due course, but with Revolut this is made easier. You can load a virtual card with a specific amount of funds to use for gambling.

Alternatively, you can add funds to your Revolut account from another bank account with that money. The Revolut wallet can be used specifically as your gambling fund wallet.

Using Revolut for Betting: Tips and Considerations

You’ll find that Revolut is a handy tool to make use of for betting. It comes with a selection of features to benefit you and your money. Here are some tips to take into consideration when choosing this payment method.

Managing Your Betting Bankroll with Revolut

It’s easy to manage your betting bankroll through the Revolut app. To begin with, you can use the Revolut wallet specifically for your betting funds, if you like. Simply transfer the money you have determined as your bankroll into Revolut for depositing purposes.

Alternatively, you can set up a Revolut vault, which is ideal for storing savings or specific funds in. Put anything you want to keep and don’t wish to use on gambling in there and leave the remainder for transfers.

You can also set limits on your Revolut account, so that you don’t deposit more than you can afford. You’ll also get weekly insights into how you have been spending with the app.

Once you have figured out your bankroll, you need to determine your betting unit size. This should be around 1-3% of your bankroll per wager. So, if you have deposited ZAR500 into your sportsbook account, you would wager ZAR 5 – ZAR 15 per market. Professionals very rarely go above 5% of their bankroll per bet.

Ensuring Security and Privacy with Revolut

Revolut ensures that your money will be kept safe, thanks to its award-winning security. The app will flag suspicious transactions, protect your card details, and seek out additional verification from you to ensure you have 100% protection.

Every time you want to transfer money, Revolut will ask you to verify the transaction. Your money is protected by regulated banks by law and under FCA regulation. Card details are also kept safe and secure, whether those details are being stored or processed. Security is embedded in all products provided by Revolut.

Conclusion

There is little doubt that Revolut has grown at a considerable rate since launching in 2015. It has entered numerous areas of the financial world, but maintains the basics of banking and budgeting, helping you to have a top-quality betting experience.

The support of multiple currencies is ideal, while speedy transactions for free add to the appeal. Follow all the guidance outlined here to find your perfect Revolut sports betting site, and always engage in responsible gambling.