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You may not have ever deposited funds into an online sportsbook before, but chances are you’ve certainly used a credit or debit card to pay for something online. The process is exactly the same as with sportsbooks that accept Mastercard.
Mastercard is one of the most popular ways to pay for goods and services in the USA and around the world. It’s fast, easy to use, very convenient, and it means you don’t need to sign up for any extra services to start betting online right now. You may well even have a Mastercard in your pocket as you read this.
This page is your complete guide to using Mastercard at online sportsbooks. Some of the sections we will cover include:
Mastercard is the first choice for tens of millions of people all around the world. If you want a reliable payment method for your sportsbook, this is a great option.
If you want to connect another payment method to your sportsbook then check out these links to find out all your options!
Just about every sportsbook in the United States and around the world accepts major credit cards like Mastercard, Visa, and American Express – which is a big part of what makes them such a great choice. As you’ll see, using Mastercard to top up your online betting account is very similar to using it to pay for anything else online.
Lots of sports bettors are turned off by the idea of signing up for e-wallets or creating a Bitcoin wallet just to place a bet. For them, credit cards are perfect as a deposit method into their betting accounts. Other deposit options do exist for those who’re depositing into an online betting account for the first time.
Our list below contains some of the very best sportsbooks available to most US players that allow you to deposit using Mastercard. You can read our reviews for more information, and if you decide to sign up we can even help you claim a welcome bonus. Remember that Mastercard is one of the largest credit cards in the world and with that, you can expect that most sportsbooks will accept them, with that in mind check out our best picks for sportsbooks that accept Mastercard.
|Sportsbook||Accepts Deposit||Accepts Withdrawal||Sportsbook Review||Sign Up Now|
|Caesars Sportsbook||Yes||n/a||Caesars Sportsbook Review||Sign Up Here|
|Hard Rock||Yes||Yes||Hard Rock Review||Sign Up Here|
|bet365||Yes||Yes||bet365 Review||Sign Up Here|
|SugarHouse||Yes||n/a||SugarHouse Review||Sign Up Here|
|FoxBet||Yes||No||FOX Bet Review||Sign Up Here|
Mastercard is cheap. In fact, 99% of the time you only need to worry about whatever standard card fees your bank charges. The vast majority of sportsbooks don’t charge a thing for using Mastercard to deposit.
It’s in the sportsbook’s interest to make it as pain-free as possible to sign up and deposit, which means making your deposits fast and free. Every once in a while you will find an exception to this, where you might be charged a small processing fee for making a Mastercard deposit – but it’s rare.
Withdrawals via Mastercard are another story. As you’ll read in our next sections, they are much less commonly available than deposits. If it is an option, it’s possible the casino imposes a payout fee.
Our best advice here is just to check with your sportsbook since there are no hard and fast rules. What we can say is that Mastercard is consistently one of the cheapest banking methods available.
So many bettors at sports betting sites choose Mastercard because of the familiarity.
You’ve probably made hundreds of online payments using your bank card, and depositing to your sportsbook is no different from any of the others. Sportsbook deposits are quick and easy, but will sometimes need to be confirmed by your financial institution (bank or credit card) before you have an active bankroll to begin betting with.
Simply contact your financial institution’s customer support in the unlikely circumstance that your deposit was flagged. Most gambling sites and sports betting sites don’t have issues with credit card companies flagging their wire transfers but it is easy to approve them when and if it happens.
You can navigate to the cashier section of your sportsbook and choose the Mastercard deposit option. You’ll need to have your card information on hand, type in how much you want to deposit and click confirm.
Normally, you can use your funds to start betting almost immediately. It couldn’t be much easier. Some sportsbooks also accept Mastercard gift cards so check if that if a viable option for with your sportsbook of choice! Many other sportsbooks have many different deposit methods such as Neteller, Cryptocurrencies, Skrill, Neteller, Bank Wires, money orders, and many many more.
Mastercard withdrawals are much less readily available than deposits. It’s common practice to find an alternative method when you want to cash out – which is a minor inconvenience compared with some banking methods.
Normally, this can be done via bank transfer, a mailed paper check or some kind of e-wallet service like PayPal. It’s important to think about this in advance: make sure there is a suitable method for you supported by the sportsbook.
Although Mastercard withdrawals directly to your bank card are rare, prepaid cards and gift cards are another story.
A Mastercard prepaid card is basically a card you can buy pre-loaded with cash, that’s not connected to your personal banking. You can use the card just like a regular bank card – in shops, online, to withdraw cash from ATMs – and you can also top it up if you spend the whole balance.
Prepaid cards are commonly available at sports betting sites, and if the option is there you can usually use them for both deposits and withdrawals.
If Mastercard withdrawals are available, the process is fast and simple, and similar to deposits. Just head to the cashier and follow the instructions.
Credit card deposits are very fast. Unlike with third-party payment processors, there are no extra steps you need to take, no need to sign up for extra services. Almost every time, your payment is instantly processed and you can start betting straight away.
If speed and convenience is a top priority for you, it doesn’t come any faster or easier.
If you can withdraw via Mastercard, the processing times vary depending on the casino. It’s pretty standard to expect a short delay while your request is processed – something in the region of 48 hours.
That said, faster withdrawals – and even instant withdrawals – are also possible. Unlike with deposits, sportsbooks tend to create their own rules for withdrawals so you’ll need to check for yourself.
Sportsbooks love to make things as attractive as possible to get new players through the door. Some of their biggest tools in this regard are welcome bonuses, exclusive offers that give new members the opportunity to earn some extra value just for signing up.
Deposit bonuses are especially popular, where the sportsbook will match some or all of your first deposit with bonus cash – sometimes giving you twice as much money to bet with.
All you need to do is opt-into the bonus (sometimes using a promo code) and make your first Mastercard deposit. Depending on the type of bonus, your bonus cash will usually be credited to your sportsbook account immediately.
Welcome bonuses are great. They let you get a feel for a sportsbook without spending too much of your own money, and potentially win real money risk-free. Just make sure to check out the terms and conditions, since bonus cash can’t be withdrawn until certain wagering requirements are fulfilled.
As great as it is, Mastercard does have some drawbacks compared with other payment methods.
However, in some cases, players prefer to keep their personal banking separate from their online gambling. Intermediary services – like Neteller and PayPal – are great for getting around this. E-wallets like these act as an extra layer of security, a way to manage your online transactions without directly connecting your personal finances.
It doesn’t get any more straightforward than Mastercard.
The whole process, from signing up to choosing your sportsbook, making a deposit, and placing a bet takes a matter of minutes. Using Mastercard strips away a lot of external factors that you don’t necessarily need to worry about.
Cryptocurrency and e-wallets are amazing technologies, but whatever way you look at it they’re just not as simple as using your credit card.
Don’t forget to check out our top-rated Mastercard sportsbooks in the list above. You can’t go wrong.
Mastercard deposits work in exactly the same way as any other credit card payment. Just type in your card details, choose how much you want to deposit, and click confirm.
Yes. Mastercard payments are typically processed instantly, making it one of the fastest deposit methods available.
It depends, but it’s not that common. An exception comes in the form of Mastercard prepaid cards, which are often available for both deposits and withdrawals and can be purchased online with pre-loaded balances.
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