If you started gambling 20 or 30 years ago as a sports bettor, you’ll remember how inconvenient it was. Beyond needing to be in a state that had legalized sportsbook betting or casino gambling—like New Jersey or Nevada—to attend a sportsbook or play the tables, the process wasn’t simple.

If you weren’t in a state with legal gaming, you’d have to call your local bookie and place an illegal bet on NFL football or horses at one of the many racetracks hosting daily races. Today, sports bettors are flooded with options to connect with legal sportsbooks across the 50 states, without ever stepping into a building; simply visiting a website or using a mobile gambling app has become the new norm.

As placing bets has gotten easier, so has funding your account. Prepaid cards, PayPal, credit cards, and vouchers now dominate the online sports gambling landscape. At MyTopSportsbooks, we’ll help expand your knowledge on moving money to a sportsbook by profiling Webmoney as a payment method for sports betting—and how it can help support your gambling needs.

Best Betting Sites accepting WebMoney

Where did Webmoney Come From?

The fall of the Soviet Union many years ago opened the door to newfound freedom in the tech sector, and innovation flourished. One such innovation was Webmoney—an online payment system that launched successfully in Russia and has since expanded globally, becoming, dare I say, a kind of currency within the gambling community.

Webmoney accepts international currency from many countries. It functions similar to Skrill and PayPal for sending and receiving payments, although it is currently smaller in reach. The platform is secure and serves over 45 million users worldwide as of 2025, a testament to the level of safety it provides.

Everything You Need to Know About Webmoney Betting

For online betting, e-wallets have become increasingly popular with the public. More and more bookies and betting establishments recognize them as a secure means to transfer funds and convert winnings to payouts for the sports bettor. 

Here are some key facts that you need to know about Webmoney:

  • Webmoney is used as a trusted e-wallet by millions
  • Webmoney allows you to deposit funds instantly and bet without delay.
  • With one click, you can withdraw winnings from your account to your Webmoney account.
Bonus:
125% Sports Bonus - up to $3,125
Bet now

 

Is Webmoney Safe?

Webmoney bills itself as a highly safe place to send your funds. Many safeguards are built in to protect your personal information and money from being stolen. TLS encryption is the latest security system in use, creating fortress-like protection for your account. The TLS security dovetails nicely with many of the big sportsbooks in the US because they use the same security system to protect their players.

How Does Webmoney Betting Work?

Payment options can be added to your account as a means of betting protection – you can change where your bankroll comes from and where your winnings are sent when you use this deposit method. Using Webmoney for deposits into your e-wallet is free as an option at the sportsbook of choice, but be aware Webmoney may enact a fee for transferring funds or withdrawals from your account.

Are there any Webmoney Bookmakers?

The Webmoney phenomenon has caught on to the point that many online sportsbooks are offering it as an option for deposits into accounts for sports bettors. Trust is a significant factor when betting online, and trusting the newest money transfer system – Webmoney – is easy.

When the bookmakers trust Webmoney, know that you are in good hands as their business depends on safely and securely receiving your funds for bets on their site. They will handle US dollars for processing if you are gambling in the 50 states and any other currency for gambling around the world as deposit options.

Online bookmakers have been known to accept cryptocurrencies, bitcoin, prepaid Visa/MasterCard cards, neteller, debit cards, and bank transfers from your bank account. The top-rated casinos and Webmoney have no minimum deposit requirements nor withdrawal method requirements (like limits). Terms and Conditions (t&cs) may vary from site to site, so ensure up to speed before you play.

Bonus:
50% up to $1,000
Bet now

What are the Advantages and Disadvantages of Webmoney?

Advantages

  • High-security rating, using TLS encryption.
  • A widely known funds transfer system that is honoured around the world
  • It is a fast and easy-to-use system that gets you betting in minutes after a deposit
  • While initially geared towards the Russian-speaking market, customer service is now multi-lingual.

Disadvantages

  • Fees of 0.8% per transaction
  • The competition – like PayPal – doesn’t charge a fee.

How Can I Obtain Webmoney?

Like any web-based product, you must visit a website (www.wmtransfer.com) and start the registration process. The site requires some personal details, like mobile phone number, email address and date of birth. They will also ask you to create a security question for account access as a form of validation or proof of identity.

Once those steps are complete, you are ready to make your first WebMoney deposit and minutes away from a bet at your favorite online sportsbook or casino.

Many casinos offer deposit bonuses, promo codes, welcome bonuses and deposit matches for new customers on their sites. So the 0.8% percent fee for using Webmoney payment as an option for your betting account can be negated when you register your account with a casino or sportsbook.

Frank Lorenzo
Frank Lorenzo
MTS Co-Founder
Geoff Johnson
Geoff Johnson
MTS Co-Founder