trophy

BOOKMAKER OF THE MONTH

Webmoney and online betting – The fast & cheap payment solution from Russia

Webmoney are one of the most frequent payment methods, used in every part of the world on everyday transactions and boasting almost 30 million registered users. They were founded in 1998 in Russia and although their main focus consisted of countries located in the former Soviet Union, they have nowadays grown to a worldwide extent. Webmoney can be used in countless ways besides making a simple payment on an online vendor, including: sending money from one account to another, fundraising, linking it to your business account, obtaining a loan and obviously, in online betting. Residents in Russia can also receive a VISA/Mastecard or issue a virtual variant that can be used in numerous ways. The purpose of the following guide is to clarify how Webmoney can be utilized in online betting and view its main advantages and disadvantages.

Webmoney and online bookmakers

First of all, we have to mention that Webmoney is one of the safest ways of topping up your bookie account. They use the latest encrypting technologies in order to safeguard any transaction, while their endless resources and numerous cooperations with some of the biggest banking institutions in the world, are a clear testament of their attention to security. Every deposit is also completed instantly and although you will be subjected to a fee, it is rather insignificant, given that it amounts only to 0,8% of the funds you used. What makes Webmoney stand out, is the fact that you will be charged with just 0,8% on your withdrawals as well, meaning that it is one of the most cost effective ways of receiving money from a bookmaker. Finally, a great number of bookies will accept a payment through WMZ or WME (the dollar and euro equivalents on your WM purse).

Additionally, you can claim a first deposit or a reload bonus on any betting company that accepts WM. However, make sure to read the terms and services of your bookie, especially concerning withdrawals, given that you can only receive your money via the same method you used on your last deposit.

Τop bookmakers that accept Webmoney

Creating an account

You must first enter www.wmtransfer.com. Following that, click on the Sign Up button located on the top right of your screen and fill in the various information required on the following steps. These include your mobile number, personal details such as date of birth, e-mail account plus a security question. On the next steps you will have to verify your mobile number and create a password before you are good to go.

Verifying your account

In order to add funds on your WM purse or make a withdrawal, you must first verify your account. Apart from your mobile verification, where you have to enter a specific code sent to you by the Web Money server, you must upload certain documents to start using the Webmoney Transfer.

You will have to log in to passport.wmtransfer.com and choose to “Upload a new document” from the control panel. On the next step, press browse and select a photo or scanned copy of your ID, passport etc and specify what your selected document corresponds to. Following that, you can view your uploaded files on the “list of documents” on the control panel, which upon having been verified, will be marked in green with a “ symbol.

Making a deposit

In order to make a deposit you must go to the payment section of your bookmaker and find the Webmoney Transfer method. You need to enter your desired amount, follow the on screen instructions and click on the confirm button. Your funds will be instantly added at a slight charge, usually set at 0,8% (different rates may apply to larger amounts).

If you wish to top up your WM account you can do so through a credit/debit card, a bank wire transfer or by making a deposit through a cashier on your bank. Note that transactions between WM members, are free of charge, while the following charges apply when depositing on your account.

Method Term Agent’s fee
By an advance payment WME-card Immediately Upon agreement
Exchange at the exchange wm.exchanger Immediately Upon agreement
Exchange by electronic currencies of other systems Upon agreement Exchange point fee
By bank transfer
(more than 10 000 WME)
1-3 banking days Bank’s fee
By bank transfer
(for individuals less than 10 000 WME)
1-3 banking days Bank’s fee
NETTO terminals Processing in Moldova Immediately 0 (at agent’s rate)
By bank transfer online Immediately 2%
In cash at banks’ branch offices Immediately 2%
At TelCell Terminals in Armenia Immediately 3%
In cash via the money transfer system CONTACT 10-15 minutes 2% (minimum 3 euro)

Making a withdrawal

Whenever you wish to receive your money, you simply have to go to the payment section and choose the Web Money method.

Webmoney offers you a multitude of withdrawal methods from your WM account. You can make a withdrawal through a bank account, credit/debit card, your Web Money credit card (issued upon request for Russian customers) and even on certain e-wallets (eMoney, Qiwi and Paypal) through the Exchanger service. You simply need to go to www.webmoney.ru/eng/inout/withdraw.shtml and select your preferred method. You will be charged with the according fee.

Method Term Agent’s fee
By an advance payment WME-card Immediately Upon agreement
Exchange at the exchange wm.exchanger Immediately Upon agreement
Exchange by electronic currencies of other systems Upon agreement Exchange point fee
By bank transfer
(more than 10 000 WME)
1-3 banking days Bank’s fee
By bank transfer
(for individuals less than 10 000 WME)
1-3 banking days Bank’s fee
NETTO terminals Processing in Moldova Immediately 0 (at agent’s rate)
By bank transfer online Immediately 2%
In cash at banks’ branch offices Immediately 2%
At TelCell Terminals in Armenia Immediately 3%
In cash via the money transfer system CONTACT 10-15 minutes 2% (minimum 3 euro)

Pros & Cons of using Webmoney

The advantages and disadvantages of using the WM services can be summed up to:

Pros

  • Safety. Every transaction uses the SSL encryption, guaranteeing that your financial details remain private
  • Speed & ease of use. Deposits are pretty straightforward and completed instantly
  • Low charges. Webmoney charges a certain commission on every transaction, however those fees are insignificant when dealing with bookmakers
  • Bonus eligibility. You can receive a first deposit or reload bonus by using Web Money
  • Accepted on many bookmakers. A great number of betting companies will accept a deposit through WM

Cons

  • Limited services for non Russian customers. However, many improvements have recently been made on their website
  • Fees on deposits. Although these amount to a mere 0,8% of your deposited funds, you still might wish to avoid being charged every time you top up your account.

Where to bet with Webmoney

Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets + €10 Casino
Code: 30FB
Bet Now
Bwin Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • Code:WELCOMEBONUS
100% up to €100
Code: WELCOMEBONUS
Bet Now
Unibet Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
€25 Welcome Bonus
Code:
Bet Now
CyberBet CyberBet
  • More than 15 sports
  • Alternative handicaps in basketball
  • 30+ live tennis markets
  • More than 15 sports
  • Alternative handicaps in basketball
  • 30+ live tennis markets
  • Code:BOOKMAKERSBET
100% up to €/$250
Code: BOOKMAKERSBET
Bet Now
Zodiacbet Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Code: ZB100S
Bet Now
Megapari Megapari
  • More than 45 sports
  • 1.000+ live events daily
  • 300+ extra bets at the top events
  • More than 45 sports
  • 1.000+ live events daily
  • 300+ extra bets at the top events
  • Code:BMBMEGA
100% up to €130
Code: BMBMEGA
Bet Now
Sportempire Sportempire
  • 97%+ on NBA
  • 97%+ on Asian Bets & totals
  • Footy leagues from 65+ countries
  • 97%+ on NBA
  • 97%+ on Asian Bets & totals
  • Footy leagues from 65+ countries
  • Code:SE100WC
100% up to €100
Code: SE100WC
Bet Now
Betwinner Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • Code:BMBET
100% up to €130
Code: BMBET
Bet Now
Melbet Melbet
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets + €10 Casino
Code: 30FB
Bet Now
Bwin Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • Code:WELCOMEBONUS
100% up to €100
Code: WELCOMEBONUS
Bet Now
Unibet Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
€25 Welcome Bonus
Code:
Bet Now
CyberBet CyberBet
  • More than 15 sports
  • Alternative handicaps in basketball
  • 30+ live tennis markets
  • More than 15 sports
  • Alternative handicaps in basketball
  • 30+ live tennis markets
  • Code:BOOKMAKERSBET
100% up to €/$250
Code: BOOKMAKERSBET
Bet Now
Zodiacbet Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Code: ZB100S
Bet Now
Megapari Megapari
  • More than 45 sports
  • 1.000+ live events daily
  • 300+ extra bets at the top events
  • More than 45 sports
  • 1.000+ live events daily
  • 300+ extra bets at the top events
  • Code:BMBMEGA
100% up to €130
Code: BMBMEGA
Bet Now
Sportempire Sportempire
  • 97%+ on NBA
  • 97%+ on Asian Bets & totals
  • Footy leagues from 65+ countries
  • 97%+ on NBA
  • 97%+ on Asian Bets & totals
  • Footy leagues from 65+ countries
  • Code:SE100WC
100% up to €100
Code: SE100WC
Bet Now
Betwinner Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • Code:BMBET
100% up to €130
Code: BMBET
Bet Now
Melbet Melbet
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

Those that already bet with iDeal know that this instant banking payment method is top standard for online deposits in the Netherlands. Even if the bo...

Read more »

Bitcoin has made a soaring entry on the worldwide markets since its launch in 2009. Although no one can tell for sure who created the virtual currency...

Read more »

Not only is American Express one of the first monetary institutions both in America and around the world, but they also deliver one of the best ways f...

Read more »

Tailored to the South African bettor, EFT payments are the second most popular option behind credit cards. Accepted by practically every merchant acro...

Read more »

Przelewy24, or P24 as it’s often referred to the punters, is without a doubt the most popular local payment method in Poland. It allows instant deposi...

Read more »

Gift cards like Netspend and Vanilla Visa have been extremely popular for ages to the players keen on betting online at offshore sportsbooks. However,...

Read more »

The QIWI e-wallet is one of the lesser known payment methods among bettors in the western world, having being founded ten years ago, in Moscow. It has...

Read more »

As the oldest and most successful wallet, PayPal is considered one of the best and most reliable payment options, with a ubiquitous presence from onli...

Read more »

Since betting from your smartphone became the standard, it was natural for mobile payment options to grow in popularity as well. And Zimpler is the pe...

Read more »

Litecoin is a peer-to-peer cryptocurrency and a project fork of Bitcoin. The currency first appeared in October 2011 and has managed to stay in the cr...

Read more »

LIST OF TOP BOOKMAKERS
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets + €10 Casino
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • Code:WELCOMEBONUS
100% up to €100
K9win
  • 3+ Asian football lines
  • 1,000 live events/day
  • 50+ football leagues available
100% Bonus up to ₫10,000,000
Neo.bet
  • 9.000+ live events per month
  • 20.000+ pre match events monthly
  • 1-click bet
100% up to €150
Mr Play Sports
  • 10.000 pre-match events per month
  • 35+ sports
  • 140+ extra bets
100% up to €100
20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
100% up to €/$150
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
$30 in Bet Credits
Rolletto
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
120% up to €/$240
Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
€25 Welcome Bonus
Betiton
  • 94%+ payout on tennis
  • 180+ alternative bets on top leagues
  • Lots of alternative HC’s on basketball
Bet €15, Get €10
b-Bets
  • 30+ alternative handicaps in basketball
  • 150+ pre-game football lines
  • More than 30 live tennis markets
110% up to €150
Betinia
  • MGA license
  • 10,000+ events monthly
  • Asian Handicaps
100% up to €/$100
LATEST BOOKMAKER PROMOTIONS