If you’re looking for a fast, secure, and hassle-free way to fund your betting account, PayID is one of the best deposit options available to Australian punters in 2025. Unlike traditional bank transfers that can take hours (or even days), PayID allows for near-instant deposits — and it’s supported by most major betting apps in Australia.
In this guide, we’ll show you exactly how to use PayID for betting, explain how it works, and compare it to other payment methods.
What Is PayID?
PayID is a payment system developed under Australia’s New Payments Platform (NPP). It links your bank account to a simple identifier — like your email, mobile number, or ABN — allowing for real-time bank transfers between accounts.
Instead of entering long BSB and account numbers, you just send money to a PayID. It’s fast, free, and supported by all major Australian banks and most sportsbooks.
Is PayID Safe for Betting?
Yes — PayID is 100% secure and regulated by Australian financial institutions. It uses encrypted, bank-level security and is considered one of the safest ways to deposit funds into a betting account.
Plus, you never share card details or store payment info inside the app — everything is managed through your bank’s secure interface.
How to Use PayID on Betting Apps (Step-by-Step)
Using PayID on a betting site is easy and usually takes less than two minutes:
1. Log into your betting account
Use your preferred Australian betting app (e.g. Sportsbet, Bet365, BlueBet, Ladbrokes).
2. Go to the deposit section
Tap the wallet, banking, or deposit icon inside the app.
3. Choose PayID as your deposit method
Look for PayID (sometimes listed under “Bank Transfer (Instant)” or “NPP Transfer”).
4. Copy the bookie’s PayID details
Most bookies provide a unique PayID — usually an email or mobile number.
5. Open your banking app
Use your bank’s mobile app to make a payment. Paste the PayID, enter the amount, and include your betting reference number.
6. Funds arrive instantly
Once confirmed, your funds should appear in your betting wallet within seconds — no waiting, no fuss.
Things to Remember
- Always include your reference code (e.g. user ID) in the payment description
- Double-check the PayID before transferring
- Some banks may flag first-time transfers for fraud checks — clear it via your banking app if needed
Betting Apps That Accept PayID (2025)
Most of the top licensed Aussie bookmakers now accept PayID as a standard deposit method:
- Sportsbet – Fastest PayID confirmation & round-the-clock support
- Ladbrokes – Supports both PayID and instant Osko transfers
- BlueBet – Aussie-owned, great for PayID and bank transfer options
- BoomBet – Slick mobile PayID integration
- Bet365 – Accepts PayID under “Instant Bank Transfer” with solid speed
- Picklebet – Growing support for PayID among esports and social bettors
All listed sites are licensed in Australia and compliant with responsible gambling frameworks.
Benefits of Using PayID for Betting
| Benefit | Why It Matters |
|---|---|
| Instant Deposits | No delays, no pending payments — bet straight away |
| No Fees | PayID is completely free for personal use |
| Safe & Private | No need to share card or bank account numbers |
| Supported by All Major Banks | CBA, NAB, Westpac, ANZ, ING, and more |
| Works on Mobile | Easily transfer funds from your smartphone banking app |
Is PayID Withdrawable?
No — at this stage, most Aussie bookmakers only support PayID for deposits. Withdrawals typically require:
- Bank transfers (1–2 business days)
- PayPal (if supported)
- Credit/debit cards (if used for deposit)
Always check with your sportsbook’s banking section for withdrawal terms.
Offshore Betting Warning
Only use PayID with Australian-licensed bookmakers. Offshore betting sites often don’t support PayID and lack the consumer protections provided by Aussie regulators like the NTRC and ACMA.
If a betting site asks for crypto or sketchy transfers, steer clear.
Final Word: PayID Makes Betting Easier Than Ever
Whether you’re backing a same-game multi or firing into the weekend’s horse racing, PayID gives Aussie punters a fast, secure, and reliable way to deposit funds instantly. It’s a smart upgrade from traditional bank transfers and perfect for mobile-first bettors in 2025.
Just remember to always bet with licensed operators and keep your banking info secure.
Compare the Best Betting Apps That Accept PayID
Looking for legal, mobile-friendly sportsbooks that support PayID? We’ve reviewed and ranked them all — from sign-up bonuses to deposit speed.
👉 Visit Top Betting Australia — your expert resource for Aussie betting apps, deposit guides, and smarter punting in 2025.