BetGoodwin Deposit Methods and Guide (2024)
Find out the payment methods, minimum deposit, how to deposit and welcome offer eligibility with our complete BetGoodwin deposit guide.
BetGoodwin Terms for Deposit Methods
BetGoodwin established its UK site in 2021, after becoming a well-known name for horse racing punters, so it is not a surprise that its website and app focus on horse racing. The site is still in the 'growing' stage, but given its evident focus on one market, it may not reach the heights of the best betting sites.
With the online presence of BetGoodwin only three years down the line, there is a lack of payment methods available, which is rather frustrating. Below, we have collected everything you need to know about depositing funds into a BetGoodwin account, from the methods to the specific terms for each.
| Payment Method | Min. Amount | Max. Amount | Transaction Fee | Processing Time |
|---|---|---|---|---|
Visa | £10 | Not specified | No fee | Instant |
Mastercard | £10 | Not specified | No fee | Instant |
BetGoodwin Sign-Up Offers
| Operator | Welcome offer | Bonus code | See Offer | |
|---|---|---|---|---|
 | Welcome offer 50% Back Up To £25 Free Bet | No code required | See Offer | New customers, 18+. 50% of first day losses refunded as a free bet. To be credited within 24 hours. Max free bet per customer £25. Minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger to qualify. First day losses equals all settled stakes less all return before 23:59. Free bets must be used in their entirety and stakes are deducted from returns. This offer is limited to one free bet per person. Free bets non withdrawable and to be credited within 24 hours. |
| | Welcome offer Join BetGoodwin! | No code required | See Offer |
How to Deposit at BetGoodwin: Step-By-Step
If you are new to BetGoodwin and would like to find out how to deposit, you can follow our step-by-step guide below:
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Head to the Cashier
A first deposit can be daunting for new customers, but the process is very easy with BetGoodwin and to begin, tap the icon in the top right of the screen - either on the app or website - and then tap the highlighted yellow 'Deposit' button.
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Enter Payment Details
Unlike most other deposits, BetGoodwin will ask you to provide a billing address next, but this is made easier by the postcode finder. Then, select your payment method and enter your deposit amount.
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Enter Payment Information
Once this has been done, you will be taken to a screen to enter your payment information, and then tap the blue 'Pay' option.
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Tap On 'Deposit' and Start Betting
Finally, you will be taken to a receipt page, where your transaction ID, method and other information will be displayed. To return to the home screen to begin betting with one of the best horse racing sites, simply tap 'Bet Now'
Minimum Deposit at BetGoodwin
Customers will often look for sites with a £5 minimum deposit, given this is regular across many betting sites. However, BetGoodwin does not follow this trend. Instead, a minimum £10 deposit is required, which is slightly off-putting and could affect any new customers wanting to sign up.
The sign-up offer is also far from traditional - customers can get 50% of their first deposit (up to £25) back - and this is not, therefore, not a reason for a higher minimum withdrawal.
Debit Cards Deposits at BetGoodwin
BetGoodwin, frustratingly, only offers debit card deposits, and this comes as a massive downside to using the site. Whilst this method is regularly preferred by customers, it is not a huge issue, but some variety would be nice.
| Payment Method | Min. Amount | Max. Amount | Transaction Fee | Processing Time |
|---|---|---|---|---|
|
Visa | £10 | Not specified | No fee | Instant |
|
Mastercard | £10 | Not specified | No fee | Instant |
Lack of E-wallet Options on BetGoodwin
As noticed, there are no e-wallets offered by the site, and with customers looking to use them as a method of payment, this is a site to avoid for anyone looking specifically for deposits via Skrill, Neteller, PayPal and others.
BetGoodwin Deposits FAQs
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Accredited football journalist with a focus on Italian football, working for the likes of SempreMilan and Serie A Total. As an avid punter, I enjoy browsing sportsbooks for the best-value bets.