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Secure, trusted and already in your pocket – Mastercard credit and debit cards are still among the most widely used in-person and online payment methods in the world today.
When it comes to online gambling, betting sites with Mastercard are still very easy to find – in fact, you almost have too much choice. That’s where the on-site banners come in to play. I’ll also introduce you to the benefits and potential downfalls of using your credit/debit card to fund your online betting account.
When making deposits into your online sports betting account on sports betting sites using your Mastercard credit or debit card, the transaction should be instant, and you will usually be charged no fees. On the other end, however, the betting sites’ withdrawal time using Mastercard can be a bit sluggish.
When it comes to fees, most of the top betting sites don’t charge anything for either deposits or withdrawals using credit cards. However, your bank may have charges that apply, particularly for withdrawals. Most minimum deposit betting sites also make use of Mastercard for transactions.
Mastercard is a widely accepted payment method at most sportsbooks, but finding the right fit goes beyond convenience. This guide empowers you to discover a Mastercard betting site that aligns with your betting style and prioritizes a seamless experience.
The process can differ slightly between each online bookmaker. However, on most betting sites with Visa and Mastercard, it will look something like this:
Sometimes, betting sites won’t facilitate Mastercard withdrawals. In such cases, you can usually withdraw to the same bank account via transfer or e-check.
For those that do facilitate Mastercard withdrawals, the process goes something like this:
If a betting site accepts Mastercard deposits, it will, in all likelihood, be an eligible payment method for the welcome bonus. You can take a look at the promotions offered by our top-rated providers in the banners of this site and make your Mastercard deposit to get a variety of great sports betting bonuses.
Mastercard’s origin story starts in 1967 when a handful of US banks joined forces to become Interbankard, Inc. This was in response to Bank of America’s earlier creation of the BankAmericard, which would later become Visa. Interbankard Inc. was rebranded as Master Charge a year later in 1968 and finally Mastercard in the early 1980s.
As you probably know, Mastercard and Visa are still the two most widely used credit and debit card types in the world today, closely followed by AmEx and Discover. Although there are many alternative payment solutions available, Mastercard credit and debit cards are still among the most popular payment solutions for online betting.
Compared to other payment solutions, Mastercard is virtually unmatched in terms of convenience, availability and familiarity among other sports betting payment methods. When it comes to deposits, there are few other options that can offer a cheaper, quicker or safer solution.
However, if you use an e-wallet on betting sites with PayPal or use your card by way of Apple Pay or Google Wallet, you can add an extra layer of privacy. That’s because these payment service providers effectively act as a middleman and don’t share your information with the merchant directly.
Where alternatives can really come in handy is when it comes to withdrawals. As we have seen before, many betting sites don’t support Mastercard withdrawals and those that do often have slow processing times. You therefore might want to consider Paysafecard betting sites or crypto options instead.
Before I round things up, here is a quick look at the best alternatives to online sports betting with Mastercard:
Payment Type 💰 | Popular Brands 🏆 |
---|---|
Other Debit and Credit Cards | Visa, Discover, American Express |
Ewallets | PayPal, Skrill, Neteller, Payz |
Prepaid Cards | Paysafecard |
Mobile Payment Options | Apple Pay, Google Pay |
Bank Transfers | Various Banks |
Cryptocurrencies | Bitcoin, Ethereum, Litecoin, Tron, Tether |
Obviously Mastercard isn’t the only debit or credit card in town. Many betting sites accept a variety of other cards like Visa, Discover, Maestro, American Express and so on. Most of these card providers will work in a similar way to give fast and secure ways to make your deposits. Just note that withdrawal processing times might be equally slow on betting sites with credit cards.
If you’re looking for the fastest payouts from a betting site, you will need to use an ewallet. Brands like PayPal, Neteller and Skrill have become hugely popular due to the fact that they offer you a speedy and convenient way to move your money around. This is something seen in the fact that your ewallet withdrawals are usually processed between 24 and 48 hours. Just note that ewallet deposits might not qualify for some betting bonuses. ou can check out popular PayPal betting sites to find out more.
Prepaid card brands like Paysafecard have become popular as you can buy them from shops and online without having to have a bank account. From here you can make your prepaid card payments to a better site without having to disclose any further personal information. However, you should know that you cannot usually make withdrawals from a betting site back to a prepaid card.
More betting sites are starting to accept mobile payment providers like Google Pay and Apple Pay. These offer you a seriously convenient way to make your betting site payments and withdrawals should be equally well-handled. While these mobile betting payments are still only featured at a relatively small proportion of betting platforms, the number of Apple Pay betting sites is sure to grow.
Lots of betting fans still take the old-fashioned route of making a bank transfer payment to a betting site. This still offers all of the high levels of security and flexible limits, and your bank transfer payments will also qualify for most betting bonuses. Just remember that bank transfers can be notoriously slow with some withdrawals taking over a week to land back in your account.
Cryptos have started infiltrating many areas of life and it’s no surprise to find that many betting sites now take this alternative type of payment. Betting with cryptos offers you the key benefit for making payments without having to be tied to any particular country or currency. However, this also has elevated the risks of scams or playing at any rogue betting sites. So make sure that you only play at the betting sites featured in the banners of this page to avoid these dangers.
Especially if you are new to online betting, Mastercard can be the quickest and most convenient solution. For starters, most of us have a Mastercard and/or Visa already. By the same token, the vast majority of online bookmakers still accept Mastercard for deposits at least. If you want to add an extra layer of security, I recommend adding the card to your Apple Pay or Google Wallet, both of which are very easy to set up.
Yes, you can use Mastercard to bet on sports online and even on betting apps. Just make sure that Mastercard credit and/or debit cards are supported payment methods on the site before you sign up. As it’s one of the most widely accepted payment methods, you shouldn’t have a problem finding a betting site that takes Mastercard.
On the whole, most betting sites accept Mastercard. Even some crypto gambling sites allow you to buy crypto directly on the site using your credit or debit card.
There are quite a few highly-rated online bookies that accept Mastercard. For more information, head to Jaxon.gg.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.