- Why You Can Trust Mastercard for Online Betting
- Why Use Mastercard For Sports Betting?
- The Benefits of Online Betting With Mastercard
- How to Get Started at Mastercard Betting Sites
- The Best Mastercard Betting Sites For Sports Wagers
- Alternatives to Mastercard for Sports Betting
- Mastercard Bookmakers Strengths and Weaknesses
- Mastercard Bookmakers: An Unbeatable Choice For Online Wagering
- Mastercard Betting Sites FAQ
Why You Can Trust Mastercard for Online Betting
Mastercard is one of the largest payment-processing corporations in the world. Headquartered in Purchase, New York, Mastercard offers a range of payment transaction processing services. Mastercard was initially created out of an alliance of several banks and bank card associations whose primary objective was to act as competition to Bank of America, which would eventually come to be known as Visa. To this day, Visa continues to be Mastercard’s single biggest competitor across the globe.
Despite Visa having a slightly larger share of the global market, the two platforms are neck and neck when it comes to adoption for digital transactions. Almost every major sportsbook available today also happens to be a Mastercard bookmaker due to the sheer popularity of the platform. Since Mastercard was one of the first-ever digital payment providers, it enjoys status as one of the first enablers of payments for deposits and withdrawals at bookies worldwide.
Why Use Mastercard For Sports Betting?
Mastercard is well-established and seamlessly facilitates digital payments. Transactions take place instantaneously and are 100% safe and secure. Given how many years Mastercard has been around, it has unanimously become one of the best betting payment methods in the world at sportsbooks today. Additionally, transactions made with Mastercard are free and instantaneous, giving you one of the most reliable and fuss-free ways to make payments at Mastercard betting sites.
The Benefits of Online Betting With Mastercard
Here is a glimpse into the top reasons to pick Mastercard for betting on your favourite sports:
💲 No Transaction Fees
Debit card transactions with Mastercard are predominantly free at all the major online bookies.
💳 Supports Deposits and Withdrawals
If you’re looking for a single payment method for all your betting activity, Mastercard supports both deposits and withdrawals from your bank account.
🔒 Safe and Secure
Mastercard provides one of the most secure payment platforms in the world, in addition to providing zero liability fraud protection on all transactions.
⏳ Relatively Quick Processing Times
Deposits are completed instantaneously, while withdrawals are completed in less than three days at most sportsbooks.
🤑 Bonus Eligibility
Using Mastercard makes you eligible to cash in on the welcome bonuses available at the top sports betting sites.
How to Get Started at Mastercard Betting Sites
With Mastercard being as popular as it is, it makes for a fairly obvious choice for wagering online. Practically every major betting site supports deposits and withdrawals via Mastercard debit cards. Here are the broad steps that you’ll need to follow to transact at Mastercard bookmakers:
The first step of any betting experience is to create an account on your chosen platform. Start by submitting your personal details on a Mastercard betting site and set a password for your account.
Depending on where you live, you may not be allowed to start wagering until you verify your identity. Submit any documents requested to verify your personal details and start betting.
Read the terms and conditions of the offer and opt-in for the welcome bonus. Remember to note down the minimum deposit needed to make you eligible for the offer at the best Mastercard betting sites.
Finally, you can make your first deposit on a Mastercard betting site. Enter the details of your card, including the name on the card, the 16-digit number, the expiry date, and the three or four-digit CSC or card security code. Ensure that the amount you deposit matches the requirement of the welcome offer.
With these formalities out of the way, you will be able to make your first wager and start your journey of online betting with Mastercard.
The Best Mastercard Betting Sites For Sports Wagers
With how much choice there is in terms of the sheer number of bookies that offer Mastercard as a payment option, it might be hard to pick the one that’s right for you. Accordingly, we’ve done our research into the best sportsbooks for new and experienced punters alike. By going with one of the three choices listed below, you can rest assured that you will be wagering on the very best Mastercard betting sites:
Betway – The Best Mastercard Betting Site
- Frequent Free Bets
- Wide Selection Of Markets
- Welcome Bonus Eligible with Mastercard Deposits
- Class-leading Bet Builder
- Inadequate customer support in Some Countries
- Lengthy withdrawal verification times
Betway houses a massive number of in-play and pre-match markets across a wide variety of sports. Its selection of sports is not restricted to fan favourites such as football or boxing but extends to a wide range of niche and exotic sports from every corner of the world. If you navigate to the deposits section on Betway, you’ll see a variety of supported payment methods. At the top of the list are the two giants of online debit card payments – Mastercard and Visa.
While using Mastercard, the minimum amount that you can deposit is £5 while the maximum can vary based on several factors, including limits set by the bank and by the bookmaker, based on the age of your account. What’s more, Betway is one of the best Mastercard betting sites because when you deposit with a Mastercard debit card, you will be eligible for the welcome bonus, which offers a matched bet up to £10 if your first acca loses (minimum odds of 3.00 apply). You need to use a Mastercard or Visa card at Betway to access the bonus, as other payment methods are ineligible. As for withdrawals, payouts via Mastercard are usually processed within 1-3 days at Betway, and you can access anything from £5.
bet365 – The Best Sporting Markets for Mastercard Bettors
- Instant Mastercard deposits with low minimums
- Wide selection of markets
- Offers in-play betting
- Occasionally subpar odds
- Fewer payment methods supported
bet365 is on par with Betway as one of the top Mastercard bookmakers. Like its rival from the previous section, bet365 is also popular around the world as a top destination for wagers on sports. Bet365 offers you an international experience featuring more than 30 sports, including tennis, basketball, volleyball, and crowd favourites like football, cricket, and boxing.
By wagering with bet365, you can also try your hand at more exotic options like speedway racing and virtual greyhounds. The smallest deposit that you can make on bet365 while using Mastercard is £5, and it allows you to gain access to the site’s welcome bonus, which tends to vary from time to time. If you make a deposit with Mastercard, you can enjoy zero deposit fees and gain access to all of the site’s ongoing promotions and seasonal offers.
As with other debit card payments, withdrawals can take anywhere from 3-5 days as they will need to be verified and processed by your bank. bet365 recognises the fact that disputes can arise while wagering online and, accordingly, offers 24/7 customer service in addition to providing an extensive and well-written help section that covers the most common issues that players face.
Unibet – Best Betting Site Promotions for Mastercard Punters
- Frequent promotions and offers for Mastercard bettors
- Instant deposits
- Large selection of markets
- High withdrawal limit
- Fewer live streams
- £10 minimum withdrawal
Unibet stands out as another of the best Mastercard betting sites thanks to the sheer number of payment methods that it accepts. Unibet has spared no expense to be as inclusive as possible in facilitating payments from a diverse range of sources. However, as is the case with others, the most popular choices for deposits and withdrawals are often the simplest: Mastercard and Visa.
Unibet stands out for its wide selection of special promotions and features, such as its impeccable bet builder that allows you to create personalised bets on football matches, its boosted odds or moneyback specials. With your Mastercard deposits, you’ll be able to participate in the large majority of these promotions, as it’s a payment option that is not often excluded from specials.
If there’s anything to point out, it’s that Unibet’s minimum deposit value is £5, while the minimum amount to qualify for its welcome bonus is £10. When you sign up, remember to make an initial Mastercard deposit of £10 to remain eligible for the welcome bonus, or you might miss the opportunity due to oversight.
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Alternatives to Mastercard for Sports Betting
If you don’t have a Mastercard debit card and still wish to start betting, here are a couple of options that you can consider:
Visa
If your bank-issued credit card is provided by Visa, then you do not need to worry. Visa is as widely accepted as Mastercard, and there’s no shortage of options when it comes to looking for the best visa betting sites.
PayPal
If you prefer digital wallets over old-fashioned bank transactions, then PayPal is at the very top of our list for supporting payments on online betting sites. Luckily, there are hundreds of PayPal betting sites that you can check out before settling on the one that’s right for you.
The table below provides a comparison of Mastercard, Visa, and PayPal deposits at leading betting sites, and why you should consider using each method for your transactions:
| Feature | Mastercard | PayPal | Visa |
|---|---|---|---|
| Min Deposit | From £5 | From £5 | From £5 |
| Max Deposit | £20,000+ | Up to £10,000 | £20,000+ |
| Deposit Speed | Instant | Instant | Instant |
| Deposit Fees | 0% | 0% | 0% |
| Withdrawals? | ✅ | ✅ | ✅ |
| Withdrawal Speed | 1-3 days | Instant | 1-3 days |
| Withdrawal Fees | 0% | 0% | 0% |
| Welcome bonus available? | ✅ | ❌ not always | ✅ |
Mastercard is quite on par with Visa naturally, and both take the lead over PayPal when it comes to maximum deposits. Of course that means you’ll have to take a step back for processing your withdrawal, but that’s normal especially if you’re using Mastercard to place large wagers and receive equally substantial winnings. Another clear advantage is that you’re more than likely to qualify for those bonuses.
Mastercard Bookmakers Strengths and Weaknesses
Mastercard is one of the best payment methods to use at online betting sites, as it enables instant, fee-free deposits and relatively quick withdrawals. Here are the pros and cons of using Mastercard at a leading betting site:
- Instantaneous deposits
- No transaction fees
- Eligible for offers and promotions
- Widely accepted
- Longer withdrawal times compared to digital wallets
- Inconvenient to input card details on several bookies
Using a Mastercard will require a bit more data input on your end, which might be annoying if you are in a rush. However, we think the advantages will outweigh this for long term betting choices, and from another angle, by slowing down your transaction process, it actually gives you additional space to make informed deposit and withdrawal decisions.
Mastercard Bookmakers: An Unbeatable Choice For Online Wagering
As one of the most widely used and accepted online payment methods, Mastercard is a prime choice for betting online as it’s safe, secure, and widely accepted in multiple jurisdictions.
It is accepted at nearly every major bookie and works as an interface between your bank and the bookies to move your funds between your bank account and your player wallet. Additionally, the safety and security afforded by Mastercard are unmatched, as it is one of the oldest and most credible payment providers in existence, making it a top choice for betting on sports online.
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Mastercard Betting Sites FAQ
💳 Do sportsbooks accept Mastercard debit cards?
Yes. Mastercard is one of the most widely accepted payment methods and is one of the top choices for funding online bookmaker accounts.
❓ Which betting sites accept Mastercard?
Several major platforms accept Mastercard as a supported payment choice. However, our top three choices of Mastercard betting sites would be Betway, bet365, and Unibet, as they possess everything that a punter may need to have a great betting experience. If we had to pick one, we’d recommend Betway as the best Mastercard betting site.
🔒 Is it safe to use Mastercard to bet on sports?
Mastercard is one of the most trusted payment platforms in the world, handling millions of transactions on a daily basis. Accordingly, it is one of the safest payment providers for online transactions.
🧐 Can I use a Mastercard credit card for making deposits at the bookies?
No, it is illegal to fund any betting activity with a credit card in the UK. It is also illegal to indirectly use a credit card for gambling activity, and this also applies to wallets or gift cards that can be funded with a credit card.
🖥️ Can I use Mastercard on Betway?
Yes. Despite being one of the top bookmakers in today’s market, Betway only accepts payments through a small selection of providers. Mastercard is the top payment option for making deposits and withdrawals on Betway.
