WebMoney Betting Sites in Canada

WebMoney started in Russia in 1998 as a safe and straightforward online payment method. Since then, it has expanded throughout the world, as more and more people are seeing its benefits. WebMoney has upwards of 28 million active users, many of whom are Canadians.

If you live in Canada and you’d like to use WebMoney as a betting payment option, check out our review below to learn more about it.

The Best WebMoney Betting Sites

Expert Rating
Highlights
Welcome Offer
$100
Welcome Offer: up to $100 in Free Bets
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  • Varied, well-selected betting offer
  • Stable and high odds
  • Free customer support via hotline
$100
Welcome Offer: up to $100 in Free Bets
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  • Varied, well-selected betting offer
  • Stable and high odds
  • Free customer support via hotline
William Hill Review
$250
Exclusive up to $250 Welcome Bonus
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  • One of the best betting software
  • Ongoing bonuses and promotions
  • Wagering limits are huge
$250
Exclusive up to $250 Welcome Bonus
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  • One of the best betting software
  • Ongoing bonuses and promotions
  • Wagering limits are huge
888sport Review
$200
50% up to $200 Welscome Bonus
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  • Stellar Reputation
  • Comprehensive betting offers
  • Great Variety of Payment Methods
$200
50% up to $200 Welscome Bonus
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  • Stellar Reputation
  • Comprehensive betting offers
  • Great Variety of Payment Methods
Intertops Review
$200
100% up to $200 Welcome Bonus
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  • Best Mobile Product
  • Great Sports and Casino Offers
  • Supports Canadian Currency
$200
100% up to $200 Welcome Bonus
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  • Best Mobile Product
  • Great Sports and Casino Offers
  • Supports Canadian Currency
LeoVegas Sport Review
22Bet Review
98/100
$200
100% up to $200 Welcome Bonus
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  • Good number of sports markets
  • Competitive odds
  • Variety of banking methods
$200
100% up to $200 Welcome Bonus
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  • Good number of sports markets
  • Competitive odds
  • Variety of banking methods
22Bet Review

What Is WebMoney?

If you are unaccustomed to online payment methods, WebMoney might seem confusing to you at first. However, it is a very versatile and useful payment system. The best way to explain it to those unfamiliar with it is to compare it to PayPal, as it is basically a Russian eWallet.

WebMoney can be used to make deposits on betting sites, make purchases online, receive payments, and send money to friends. It accepts customers from more than 90 countries,  including Canada. However, it is not available in the US.

Why Use WebMoney?

If you choose WebMoney as a preferred payment method on betting sites in Canada, you will be able to enjoy a lot of advantages.

First of all, WebMoney provides an easy and quick way to make both deposits and withdrawals almost anywhere in the world. It also supports a variety of transaction methods, such as in-person cash exchanges and bank transfers.

To use WebMoney, you do not need a bank account. Therefore, you can enjoy a greater level of privacy and security, which is crucial for people who want to use it for online betting.

How to Deposit Using WebMoney?

To make a successful deposit on any betting site in Canada, follow the easy steps below.

  1. Go to the “Cashier” section and choose “Deposits.”
  2. Choose WebMoney as a payment method and enter the desired amount.
  3. Log in to the WebMoney screen or download the WM Keeper and follow the instructions.
  4. Click on the “Receive a Code” button and enter the code in the appropriate field.
  5. Click on the “Confirm the Payment” button.

How to Withdraw Using WebMoney?

In order to withdraw money to your WebMoney account, you need to follow the steps below.

  1. Go to the “Cashier” section and choose “Withdrawals.”
  2. Click on the WebMoney icon to choose it as the preferred option.
  3. Enter the desired amount and click on the “Withdraw” button.
  4. Your request will take up to 72 hours to be processed.

WebMoney Online Betting Sites

WebMoney is a very popular payment option among bettors in Canada because of its numerous advantages. Therefore, a lot of Canadian online betting sites support this payment method since it helps them attract new players. You can use it to deposit or withdraw money when betting online and enjoy multiple perks.

Disadvantages of Using WebMoney

One of the main disadvantages of using WebMoney are fees. Even though most online betting sites do not charge any additional fees to WebMoney users, the company itself charges a commission for transactions. The size of the fee depends on the method used for depositing, so it can be higher or lower. However, fees are usually necessary when using any eWallet out there.

Another drawback is coverage. Even though WebMoney is available in more than 90 countries and supported by many betting sites, it is still not nearly as popular as PayPal, Neteller, Skrill, etc.

WebMoney Customer Support

Since WebMoney is operated from Russia, users residing in this country can reach the support team via Russian phone number. Users from Canada and elsewhere around the world can send the customer support team an email and wait for the response. According to the majority of online reviews, the response time is minimal, which means that you will get an answer pretty quickly.

WebMoney FAQ

How long does it take to receive money using WebMoney?

WebMoney withdrawals are usually processed within 72 hours.

Does it cost more money if I make a large deposit?

The fees are calculated in percentage, so large deposits also mean large fees.

Can I use WebMoney outside of Canada?

Yes, you can use WebMoney in more than 90 countries around the world.

Who benefits most from using WebMoney?

Bettors who live in Russia and surrounding countries benefit the most from using WebMoney.

Which banks is WebMoney available through?

WebMoney is not issued by banks. It is an eWallet which can be obtained on the official website.

Do I have to open an account with WebMoney to use their services?

Yes, you need to register on the official website in order to create an account.

Are transactions via WebMoney protected?

Absolutely. WebMoney is one of the safest online payment methods. It uses powerful firewalls and SSL encryption.

Can I reverse a transaction using WebMoney?

No, WebMoney transactions cannot be reversed or cancelled.