- What is the Best Mastercard Betting Site?
- What is Mastercard?
- About Mastercard Betting
- What Type of Mastercard do the Top Mastercard Bookmakers Accept?
- Pre-Paid Mastercard and Betting Brands
- Choosing the Best Mastercard Betting Sites – Key Factors
- Exploring Your Other Payment Method Options
- How to Choose the Best Mastercard Betting Site for You
- Frequently Asked Questions
What is the Best Mastercard Betting Site?
With these benefits in mind, here is a detailed comparison of the best Mastercard betting sites this year:
1. BetWinner – A Top Betting Site with Multilingual Support
- Accepts Mastercard Payments
- Multilingual Support
- Competitive Odds
- User Friendly Design
- Limited Live Streaming Options
- Lack of Other Payment Options
BetWinner is a Cyprus-based betting brand that caters to markets around the world. It’s renowned for its extensive sportsbook that, yes, includes eSports for those who prefer to place their bets on video game tournaments than the big-league teams. For those with a Mastercard debit or credit card, you are in luck, as this site accepts both deposits and withdrawals through that method. As a bonus, you can usually play in your mother tongue, giving you a seamless experience.
While BetWinner is a hugely popular brand worldwide, it doesn’t cover the highest number of sports or teams. If you want an even broader sportsbook, you’ll want to head over to Bet365.
2. Bet365 – One of the World’s Largest Sportsbooks
- Accepts Most Payment Methods
- Extensive Live Sports Coverage
- In-Stream Betting
- Award-Winning Platform
- Only Verified Accounts Can Cash Out
- Sometimes Slow to Pay Out
Bet365 is one of the most internationally renowned betting platforms out there and a contender for the title of best Mastercard betting site. It’s a top go-to destination for sports betting, as well as for betting on more niche sports including virtual and eSports. Not only can you bet on many different sports, but you can also watch those events live in-app or online. Plus, you can make deposits and withdrawals with Mastercard, making it an accessible option.
Bet365 does not offer crypto support, so if you wanted to, say, make deposits in crypto and cash out via Mastercard, you’ll need to use a site like 1xBet instead.
3. 1xBet – Your Destination for In-Play Betting
- Accepts Mastercards
- Virtual Sports Coverage
- Extensive In-Play Bet Support
- Mobile App Available
- Account Verification Essential
- Sometimes Slow Customer Support
1xBet is another large platform offering extensive sports coverage, live betting, and competitive odds. It also accepts both deposits and withdrawals through Mastercard, as well as other top payment options, including cryptocurrency, allowing you to splice up your deposits and withdrawals the way you want to play. You will need to verify your account in order to make these transactions and bet, however, so leave enough time for the verification process before the game you want to bet on.
What is Mastercard?
One of the most important things to keep in mind is that Mastercard itself is not a bank. It’s a transaction technology used by banks and independent lenders around the world. This means you can have both Mastercard debit and credit cards, and the individual processing fees and costs will vary from card to card. While this guide will outline the overall basics, you’ll need to check the fine print with your lender for the exact terms and conditions.
You need to learn about those conditions yourself first, since they will greatly dictate which payment method you will prefer to use. If you look through your wallet, you may see multiple Mastercard cards from different banks or lending companies. Each card will have its own unique terms and conditions specific to the lender.
The good news is that you don’t need to do the same deep dive into the top Mastercard bookmakers. We’ve outlined everything you need to know and selected some of our top Mastercard betting sites so that you can start betting on your favourite teams in no time.
About Mastercard Betting
Online betting sites continue to grow in popularity around the world. Among the many deposit and withdrawal methods available, Mastercard stands out as one of the most widely accepted payment methods. There are several advantages to using a Mastercard for wagering:
Mastercard is a trusted brand. The payment processor has a long history and stellar reputation.
When you use a Mastercard to fund your betting account, the money is available immediately.
Requesting a payout back to your Mastercard is one of the quickest withdrawal methods.
What Type of Mastercard do the Top Mastercard Bookmakers Accept?
In general, there are three types of Mastercard that you can use for Mastercard betting: credit, pre-paid, and debit. You can typically use pre-paid and debit Mastercard on any platform that accepts Mastercard payment. This is because the cards are linked to money that you already have and own outright, rather than a line of credit.
Credit cards are less likely to be accepted as a form of payment, regardless of whether it’s Mastercard or Visa or anything in between. Check out our articles about Visa betting sites for more information.
Limits to Mastercard Credit Payments
Credit cards are more limited for a variety of reasons. While some countries and banks do allow you to deposit money from your credit card to your betting wallet, this is not universal. There are many countries, for example, the USA, Canada, and the UK, that do not allow credit card payments on betting sites by law. Similarly, some banks or lenders won’t allow you to make deposits via credit. Since Mastercard is a technology, not a bank, this means that some Mastercard credit cards would be able to make deposits on betting sites, but not all. Betting with PayPal is similar whereby you may not be able to fund your wallet via credit card.
These limitations don’t mean you cannot use Mastercard at all, just that you need to use Mastercard debit cards with the best Mastercard betting sites instead. Since you’re betting with money you already have, there won’t be any roadblocks in your way.
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Pre-Paid Mastercard and Betting Brands
Some of the bigger Mastercard bookmakers even offer their own Mastercard, like Bet365 in the UK. With a Bet365 Mastercard, you can withdraw the winnings from your account to your card, which can then instantly be accessed by practically any ATM. You will need to apply for this Mastercard through the betting site. Keep in mind it can take up to 28 days for that card to arrive, so don’t expect an instant process.
This is not a credit card in the traditional sense. Instead, it’s a pre-paid Mastercard. It allows you to load up your winnings from the site and make regular purchases in-store and online (essentially anywhere a pre-paid Mastercard is accepted).
It’s also important to note you can only load up winnings to this card. If you deposit £50, for example, and place a £10 bet that wins £40 in total, then you can only deposit that £40 to the Mastercard, not your total wallet.
The countries where you can apply for a pre-paid card are also limited. You will need to check the promotions on your local Mastercard betting sites to see if betting brands offer a pre-paid Mastercard.
Choosing the Best Mastercard Betting Sites – Key Factors
You can’t go wrong with using internationally renowned betting sites like the ones we’ve recommended. If you want to vet smaller Mastercard bookmakers that are local to you, however, then you’ll want to make sure that they feature these top characteristics on top of accepting Mastercard transactions:
- The site covers your top sports and betting market
- They offer competitive odds
- They’re fully licensed and regulated
- They offer bonuses and promotions you can use
- They offer fast deposits and withdrawals
- They offer a strong mobile site experience
- All transactions are secured
Exploring Your Other Payment Method Options
Mastercard is just one of the payment methods that these betting sites accept. If you don’t have a Mastercard or would prefer to use another method like eWallet payments or crypto payments, then you can. There are many betting payment methods out there so that you can bet the way you want to bet. To help you out, here’s a quick overview of the other payment method options you’re likely to see on the top betting sites:
| Payment Method | Fees | Withdrawal Limits |
|---|---|---|
| Visa | Visa debit is typically fee-free, Visa credit comes with fees (dependent on the issuer) | Daily spending limits set by bank or lender |
| Skrill | 1% deposit fee, up to 7.5% withdrawal fee | 10,000 USD withdrawal limit per transaction |
| Neteller | 2.5% deposit fee for less than $20,000 USD deposits. | Daily and monthly withdrawal limits based on your type of account (standard, verified, VIP) |
| PayPal | Free | Daily withdrawal limit starts at $2500. Goes up for VIP accounts. |
| Bank transfer | Usually free for small domestic transfers, may come with fees depending on if over a certain amount of making an international transfer | Limit set by bank. Can be lifted if you get in contact with the bank directly. |
How to Choose the Best Mastercard Betting Site for You
Mastercard betting sites offer convenience, security, and speed. When used for deposits and withdrawals at leading bookmakers, you get an optimal payment solution.
Take the time to evaluate sports coverage, odds, and promotions across the top bookmakers profiled here. Choosing the site that best fits your preferences will provide a great betting experience.
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Frequently Asked Questions
🔒Is it safe to use my Mastercard for online betting?
Yes, online betting with Mastercard is extremely safe for betting deposits and withdrawals, with each payment going through an encrypted transaction process. This doesn’t mean it’s impossible to get scammed online when using a Mastercard. That’s why you need to ensure that the site itself is encrypted with SSL or TLS, and that the brand itself is licensed and reputable.
💰 Are there fees for depositing or withdrawing with Mastercard?
Most betting sites do not charge any fees for Mastercard betting. In some cases, a small fee of around 2.5% may apply for deposits. Withdrawals are typically free. Check each bookmaker for their specific policies.
❓How fast are Mastercard deposits and withdrawals?
One big advantage of online betting with Mastercard is instant deposits. The money appears in your account right away so you can start betting. Withdrawals take 1-5 business days in most cases, which is quicker than many other methods.
🏦Why do processing fees change from card to card?
The reason why the fees and conditions change per card will be because the card itself is issued by a different bank or lender. Mastercard is the technology behind the bank that facilitates online transactions, which means that the exact rules and fees are set by the bank itself. This is why you can have several cards from different brands.
💸Why should I use a Mastercard debit card instead of a direct bank transfer?
You’ll want to use your Mastercard bank card instead of a bank transfer for the additional security features. If you notice fraudulent activity on your account, you can get in touch with your bank and cancel or even reverse the transaction when it’s issued by a debit or credit card. You cannot usually do this with direct bank transfers.
