You have most likely seen the Mastercard logo at stores, restaurants, and many other businesses. You have also probably seen the logo displayed on merchant websites and other online enterprises such as Russian betting sites.
Mastercard bookmakers have gained a lot of traction in recent years and they make great use of the popular payment method. You can use this credit and debit card at all the important sports betting sites to make instant and secure deposits, even for small amounts like a £1 deposit.
- 1History of Mastercard
- 2The Best Betting Sites that Accept Mastercard
- 3Mastercard bookmakers Tips and Tricks
- 4Mastercard security online
- 5Mastercard vs. Other Deposit Methods
- 6How and why should you use Mastercard for Sports Betting
- 7Is it Safe to use Mastercard for Sports Betting?
- 8Are there Mastercard Fees on Deposits and Withdrawals at Bookmakers?
- 9How to Make Deposits and Withdrawals Using Mastercard
- 10The Best Betting Sites that Accept Mastercard
- 11Countries Banned from Using Mastercard
- 12Advantages and Disadvantages of using Mastercard
- 13Frequently Asked Questions
Best MasterCard Betting Sites in 20 January 2023 – Updated List
History of Mastercard
Mastercard was founded in 1966 and is now one the most used payment methods in the world. Users obtain their credit cards through financial institutions provided the card applicant has a good enough credit history. Debit cards are given out by financial institutions as well and can be used to make purchases that are automatically deducted from the customer’s bank account. Prepaid Mastercard products can be purchased at many retailers throughout the world. Neosurf has its own prepaid MasterCard, called Neocash Card. You can deposit with Neosurf vouchers at Neosurf bookmakers, but when this option is not available you can use the NeoCash Card wherever MasterCard deposits are accepted.
These cards are easy to use. At land-based establishments, customers usually pay for their purchases by swiping the card through an electronic reader. Using these credit and debit cards usually requires the user to enter a PIN. Customers that use their credit and debit cards for online purchases are normally required to enter the 16-digit card number on the front of the card and the 3-digit CVC/CVV that is placed on the back of the card.
Online betting with Mastercard is possible at most bookmakers and online casinos. This has emerged as the most popular payment method, approved also by trusted betting sites owners, but its roots can be traced back to 1966. The card gained a lot of traction a few years later when several major banks decided to use it. Over the years, several brands were acquired, such as Access in 1979 and the partnership was signed with Apple in 2014. Betting companies in USA using Mastercard accommodate players who prefer low deposit betting as well as high rollers.
The Best Betting Sites that Accept Mastercard
Mastercard bookmakers Tips and Tricks
When browsing for the best sports betting with Mastercard options you should always aim for fast transactions. You are entitled to expect instant deposits at most Mastercard bookmakers betting sites. To enjoy a positive long-term experience it is recommended to focus on the waiting time on withdrawals. This information is available on the websites of bookies that have added this payment method.
Another key aspect when dealing with Mastercard sports betting is the limit for deposits and withdrawals. Ideally, they should be identical, with low minimum limits for casual punters and high maximum ones for high rollers. A sportsbook 10 minimum deposit is a desirable Mastercard bookmakers minimum deposit. When it comes to Mastercard bookmakers withdrawal options the limits can be slightly higher, usually around $20. Cashing out as much as $5000 per transaction should be possible at Mastercard bookies.
Mastercard security online
Mastercard vs. Other Deposit Methods
In order to make an educated decision, it’s important to consider the alternatives to Mastercard bookmakers. The obvious alternative is to use one of the major credit cards, such as Visa. In both cases, deposits are performed instantly and the minimum amounts are as low as $10 or currency equivalent. The main difference between these credit and debit cards is that Mastercard can’t be used for withdrawals at most bookies. You need to choose an alternative payment method to perform this transaction.
Compared to eWallet bookmakers, a Mastercard sportsbook has the same shortcoming. Electronic wallets such as Skrill, Neteller, or PayPal also work for withdrawals, unlike the aforesaid card. They also have the advantage of performing withdrawals much faster than credit and debit cards. Differences can also the right from minimum withdrawal and deposit limits for these payment methods. For instance, you can have a lower minimum withdrawal 1xbet or Leonbets when using an e-wallet than credit or debit cards.
When comparing Mastercard bookmakers betting sites with prepaid cards and vouchers, the similarities are multiple. You will only be able to make a deposit if you choose Paysafecard or make a deposit at one of the PurplePay bookmakers. Just like with MasterCard, you won’t be charged a commission for loading the account and the transaction is performed instantly. When the time comes to withdraw your winnings, you will have to choose one of the alternative payment methods.
How and why should you use Mastercard for Sports Betting
Is it Safe to use Mastercard for Sports Betting?
Using Mastercard for sports betting is quite safe. These transactions are scrutinized against many factors such as comparing the location of the purchase against the location of the card holder. This is why it is important to inform Mastercard if you plan to use the card while traveling.
Users need to take certain precautions such as keeping their information private and not performing internet transactions on open or unsecured networks. Customers also need to make sure that the website on which they are making a payment through is also secure.
Are there Mastercard Fees on Deposits and Withdrawals at Bookmakers?
Be sure to check with your Mastercard provider to find out if any fees apply to bookie deposits.
How to Make Deposits and Withdrawals Using Mastercard
Once you have found a reputable Mastercard bookie you can make a deposit. Log into your betting account and find the “Deposit” option. Follow the instructions and choose “Mastercard” when you are prompted to choose a payment method.
You will be required to enter the 16-digit number on the front of your card along with the 3-digit CVC that is located on the backside beside the signature box. Once you have completed this process, your betting account will be instantly credited and you can begin to place bets.
Withdrawals using Mastercard are almost the same. Please be aware that not all sportsbooks accepting Mastercard deposits will allow withdrawals by the same method. Check your bookie to see if withdrawals by this method are allowed.
If they are, choose the “Withdraw” option at your sportsbook and follow the instructions. Click on “Mastercard” when asked to provide a withdrawal method. Unlike deposits that are immediately credited to your betting account, withdrawals can take a couple of days to reflect on your Mastercard account.
Remember to complete the verification process right away. This will prevent any unnecessary delays when it comes time to withdraw.
The Best Betting Sites that Accept Mastercard
Countries Banned from Using Mastercard
There are different restrictions placed on different products of this brand. Some governments have directed financial institutions to block all transactions involving gambling sites which means that Mastercard credit card and debit card transactions will be declined.
Some countries do not allow the use of prepaid cards bookmakers or even some new methods like SporoPay. It is really up to the consumer to find out where their Mastercard product can be used and where it can’t be used.
Advantages and Disadvantages of using Mastercard
- Transactions are fast and easy
- Deposits are almost always instantly credited to betting accounts
- Withdrawals are relatively quick to process
- Punters that use this method have a lot of choices
- Able to make transactions involving significant sums of money compared to some other methods
- Not all bookies that accept deposits also allow this method for withdrawals
- Some bookies impose fees on credit card transactions
- Mastercard betting deposits are likely going to be considered as cash advances which are subject to higher interest rates
Frequently Asked Questions
Yes, Mastercard credit, debit, and prepaid cards can be used for sports betting in the UK and most UK-based online bookmakers gladly accept this payment method.
If you choose the Mastercard bookmakers payment options you can expect instant deposits and fast withdrawals. The waiting time on cash outs can range between three and five banking days. Online betting sites accept Mastercard and don’t normally charge commission on deposits or withdrawals.
You can use Mastercard at any credit card bookmakers, as well as debit card bookmakers and betting sites without having an account. You need a bank account that has a card attached to it to make a deposit or to cash out your profits. Mastercard is accepted at most of the trusted sports betting sites.
Most Mastercard bookies will require players to choose a different payment method when cashing out profits. Euro bookmakers and betting sites will provide alternative solutions such as e-wallets of other cards. Vanilla Visa bookmakers and betting sites will enable depositors to cash out on a Visa card.
Mastercard betting sites can have different rules when it comes to the minimum and maximum amounts. In most cases, you can expect to be allowed to load your account with €10 or currency equivalent. The same limit applies to withdrawals at most betting sites that accept Mastercard, but always check first.
You can make a sportsbook Mastercard deposit at virtually all Internet gambling operators. Legal betting sites prefer this payment method because it is secure and transparent. Even prepaid cards bookmakers and betting sites who don’t accept other payment methods are likely to allow MasterCard transactions.
Bet at the best Mastercard betting sites
Finding Mastercard bookmakers betting sites is no longer a challenge nowadays. There are plenty of such operators that have added this banking instrument on the list of accepted deposit options. When browsing bookmakers by payment methods, Mastercard will always pop up with a high frequency. What you should be looking for is the quality of the sports book, it is licensed and game selection. Aim for the best Mastercard bookmakers bonuses and ongoing offers to fully enjoy your online gambling experience.