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Mastercard is one of the most accepted payment methods available to bettors. And not only that: Mastercard also stands out as a highly safe option. Unlike cryptocurrency, prepaid cards, or even PayPal, Mastercard offers the convenience of a widely accepted credit card while having advanced safety measures in place. With its security protocols and fraud protection systems, Mastercard ensures that your financial transactions remain secure.
Mastercard is accepted by around 300 sportsbooks in the US. With such widespread acceptance, using Mastercard means you have access to a huge selection of sportsbooks to choose from. At MyTopSportsbooks, we provide comprehensive reviews of the Mastercard depositing process, guiding you through opening an account at an online sportsbook. We also showcase the top sportsbooks in the US market that accept Mastercard as a deposit method and facilitate MasterCard withdrawals for your winning bets.
Getting Started with MasterCard Betting Sites
The most convenient way to fund your online sportsbook, casino, or poker room account is by using your existing Mastercard. It offers a quick method for you to load funds instantly without the wait associated with bank transfers or wire transfers.
Whether you’re into horse racing, esports, or live betting, you can easily find betting sites that accept Mastercard deposits. While some sports betting sites may accept payments directly from your bank account, Mastercard provides a more secure payment portal for your transactions. The ease of using your Mastercard allows you to make deposits and start betting without opening new accounts or going through lengthy registration processes.
New players seeking a sportsbook account with their Mastercard may be eligible for enticing deposit bonuses or special promotions. Although betting isn’t risk-free, utilizing promo codes or deposit matches from reputable bookies can give you an awesome headstart in sports betting.
Betting Sites That Accept MasterCard Sports Betting
If the site you choose is licensed in the jurisdiction where you want to bet, Mastercard will allow you to make deposits into your personal account as a new user. However, you must consider your location, as Mastercard permissions may vary depending on the country or region you are in. In the US, most sportsbooks may not be licensed, which can impact the authorization of Mastercard deposits on those sites or apps. Therefore, always verify the licensing status and Mastercard acceptance policies of the sportsbook you wish to use to ensure you can make your deposits.
MasterCard options for online sports betting
- Credit card: with a credit card, you got a set credit line, and you can make deposits at online sportsbooks anytime. They bill you later, usually on a monthly basis.
- Debit card: the big advantage of using a MasterCard debit card is you only spend what’s in your checking account. No risk of going overboard.
- Prepaid card: you can get one at major stores or supermarkets for a small fee. You can choose the amount to put on it, and some of them are even reloadable. Perfect for making deposits at online betting sites.
- Gift cards: MasterCard offers gift cards, which are like prepaid cards, but aren’t reloadable. Once you spend the money, that’s it. Also, your gift card might come with an expiration date.
Does MasterCard charge any fees for making deposits?
It depends, but generally speaking, most banks won’t charge you. Some banks on MasterCard’s network might, but it will typically be very low or even zero fees. In rare cases, banks will treat your online sportsbook deposit as a cash advance and charge you higher fees. Furthermore, a few sportsbooks might throw in some small fees too. So, it really depends on the bank and the sportsbook you’re dealing with. Best to check with them first.
Can I use MasterCard for withdrawals?
Most sportsbooks don’t offer MasterCard as a withdrawal option, even if you initially used it for making a deposit. So, you’ll need to explore alternative methods like bank transfers for cashing out.
Advantages of Using MasterCard for Online Sports Betting
- Security: As one of the most trusted payment processing brands globally, MasterCard ensures secure transactions and protects your personal information.
- Speed: Deposits are processed quickly, with funds appearing in your online account within minutes.
- Accessibility: Mastercard is recognized worldwide, enabling you to engage in international sports betting if desired. It provides a convenient payment method for accessing betting markets across different countries.
- Practicality: Many people already have a MasterCard credit or debit card, making it easy to deposit into your online betting account. If you don’t have one, applying for a MasterCard is simple, or you can opt for a prepaid MasterCard available at local stores.
- Anonymity: For added privacy, you can opt for a MasterCard prepaid or gift card to fund your betting account, preventing access to your personal or credit card details.
- Versatility: If your MasterCard bank declines a gambling deposit, you can still fund your account using a Play+ card or e-wallet deposit methods like PayPal, Neteller, or Skrill, which are often set up with a credit card.
- Rewards: Many Mastercard credit cards offer rewards programs or additional benefits. By using your Mastercard for online sports betting, you may have the opportunity to earn rewards such as cashback, airline miles, or exclusive promotions offered by your card issuer.
Disadvantages of Using MasterCard for Online Sports Betting:
- Limitations: Most sportsbooks do not allow MasterCard credit cards for withdrawals, meaning you’ll need an alternative method like bank transfers.
- Deposits need to be approved: While many banks routinely approve credit card gambling deposits, some may reject them due to regulations like the Unlawful Internet Gambling Enforcement Act. Certain banks choose to decline online gambling transactions, which is beyond the control of the betting site.
- Fees: Some banks charge small fees for these transactions.
Which Betting Sites Accept MasterCard?
Here are some popular betting sites that allow you to use your Mastercard for deposits and withdrawals:
Bovada: Bovada is the most reputable sports betting platform that accepts Mastercard. It offers a wide range of betting options and a user-friendly interface, making it a popular choice across the US.
BetUS: BetUS is another well-known betting site that welcomes Mastercard as a payment option. With its extensive sports coverage and competitive odds, BetUS provides the ideal platform to place your bets, hassle-free.
BetOnline: If you’re looking for a safe sportsbook that accepts Mastercard, BetOnline is worth trying. It offers a huge selection of sports markets, including popular options like football, basketball, and soccer, as well as endless niche lines like player props, game props, and other special props.
How to Make a Deposit using MasterCard
Here’s a step-by-step guide on how to deposit at online sportsbooks using your MasterCard:
- Pick your preferred online betting siteBest Paypal Betting Sites – Betting Sites that accept Paypal 2023. Once you’ve made your choice, it’s time to create an account. Simply provide some basic personal info like your name, address, email, etc. The bookie may ask for an ID to verify your identity.
- With your account all set up, head over to the “Cashier” link in the main menu. Once you’re there, click on the “Deposit” option and choose MasterCard as your deposit method.
- The bookie will prompt you to input your MasterCard details, including your account number, expiration date, and CVC code.
- Time to make your first deposit into your online sportsbook account. Go ahead and enter the amount you wish to put in.
- Click “Authorize” to complete the transaction. In just a few minutes, the funds will show up in your account, and you’ll be all set to place those bets like a pro.
