Making your first deposit can be a daunting task for a new online sports bettor. When you sending your hard-earned money anywhere you want to make sure it's safe, secure and going to get their in a timely fashion.

The deposit method that fits all three the best is MoneyBookers. If you're not familiar with Moneybookers it's just like PayPal, except unlike PayPal they allow you to send your money to online sportsbooks. Basically Moneybookers is an eWallet that you can deposit money in through your bank account or credit card. Once you Moneybookers account is loaded with cash you simply transfer as much money as you want into your sportsbook account. Not only is Moneybooker, quick, easy and secure it's also free so you're not paying as fees. It also helps speed up withdrawals later on when you want to get at your winnings.

Some of you may be wondering why not just skip the middleman and deal directly with the sportsbooks. That can be done through credit card and bank wire, but we don't find it as approving as Moneybookers. If you're going to use a credit card to make your deposit it's going to have to be a Visa or a Master Card since this is the only option most books will give you. And before trying to make a deposit with your credit card make sure your card allows online sportsbook deposits. That's why Moneybookers is a better option for people depositing with credit cards because you know whatever credit card you have it will be accepted at Moneybookers.

When it comes to bank wire you're getting a safe a secure transaction, but it can be a hassle. Dealing with banks can be a arduous process sometimes and it can also take some time for your bank wire to be processed. Whether you're using credit cards or bankwires wouldn't it be easier to input this info once into Moneybookers instead of multiple times when depositing into numerous sportsbooks accounts?