Started in Russia as an online money transfer method that was safe and effiecient, WebMoney has now expanded worldwide. With more than 28 million active users from around the globe, Canadian sports bettors can use this banking method at a host of quality online sportsbooks.
Finding WebMoney sites in Canada is quite easy, and with a similar set up to popular online payment methods like Skrill and Paypal, bettors are able to transfer funds through bank accounts, sportsbooks and into their hands safely and securely.
WebMoney Online Race & Sportsbook Handicapping Sites
Setting up a WebMoney account takes only minutes and Canadians have a variety of available methods to use when funding their WebMoney account. Whether it's through credit cards, internet banking, WebMoney exchange offices, or even through wire transfer programs like Western Union, getting money into your WebMoney account isn't hard.
After going through all the required sign-up and identity verification steps (5-10 minutes), bettors can upload those funds to WebMoney and to the desired sportsbook. With advantages like top tier security, vast amount of deposit options, and a one-stop funding/transferring method, WebMoney is among the world's elite in online payment options.
The knock against WebMoney for global users, and this does apply to Canadians, is the fact that the fees for each transaction can start to add up if you are frequently moving money in and out of your WebMoney account. That can be a problem for some, and while it is available at numerous sportsbooks as a banking method, WebMoney doesn't have the same global coverage for online gaming that competitors like Skrill and Instadebit.
If you take your time and do your research on all of these competitors to figure out what best suits your needs, WebMoney could end up being the best option for your particular situation.