The Complete Overview of Mastercard Betting Sites
In our overview of Mastercard betting sites, we cover all the basics such as depositing and withdrawing using the card in our handy step by step guide, plus any bonuses on offer. We will also find out their limits. If you are interested in sportsbooks that accept Mastercard, you’ve come to the right place.
| Best Betting Sites in The United States | Bonus Offers | Highlights | Rating | Secure Link | T&Cs |
|---|---|---|---|---|---|
Find all online betting sites that accept this payment method using the filter on the table from our list of online sportsbooks. To find the best Mastercard betting sites we have asked the same questions you will be asking. “what is the minimum amount I can deposit?”, “If I win, how long does it take to get my winnings?”, “Is there a maximum amount I can withdraw?”, and many more. As avid bettors ourselves, we know what you are looking for, and all you need to know about betting sites that accept Mastercard will be covered on this page. Here are the best Mastercard sites by category:
Essential Information for All Bettors
As with most things in life, an important consideration when choosing a payment method is one of cost. Will I get charged by the payment card provider or the online betting site when I deposit or make a withdrawal? A charge, no matter how small, can soon add up over a long period. Another consideration is how long it takes for the funds to clear in your account, this is the focus of our next section where we discover the good and the bad about using Mastercard at online betting sites.
Mastercard Fees and Processing Times
In this section, we compare the fees and processing time for both deposits and withdrawals at our four chosen betting sites that accept Mastercard. We have gone through the terms and conditions of each sportsbook with Mastercard to investigate what charges, if any, will be made. For the cash-conscious, we find the minimum amount you deposit, and we also have the high-rollers covered with the maximum deposits. We also include timescales, and you can see our results below;
| Operator | Mastercard | Processing Time | Limits Min/Max | Fees |
|---|---|---|---|---|
| Hard Rock | 3-5 working days* | $10 – $100,000 | ||
| 5-10 working days | Unlimited | |||
| BetMGM | 1-3 working days | $10 – $50,000 | ||
| Unlimited | none | |||
| Borgata | 1-4 working days | $10 – $30,000 | ||
| 2-4 working days | Unlimited |
*Limits may apply from the payment processor themselves.
As you can see from the table above, none of the Mastercard sports betting sites charged their customers to make deposits, the same was also true of making withdrawal requests at the sportsbooks with Mastercard. All have a low deposit amount if you are betting on a budget, they allow you to deposit just $10. None of the operators requires a deposit of more than this amount.
The Pros and Cons of Using Betting Sites that Accept Mastercard
The pros of Mastercard betting are numerous and far outweigh the cons. For a starter, any transaction using your Mastercard is likely to be completed instantly and as you are entering your card details directly on the betting sites that accept Mastercard, it is not a two-stage process like it is with eWallets such as Skrill or PayPal. You’ll find no shortage of online sportsbooks that accept Mastercard.
As you can see from the table above, the positives do outweigh the negatives but as with Visa betting sites, it’s not perfect.
Quite rightly, many people are concerned with who they share their financial information with and high-profile data breaches have occurred, and are likely to happen again, which can make you hesitant. The more companies who have your details, the risk, albeit small, increases. In the positives, we discussed the protection that using a card provides, this is reduced and, in some cases, gone altogether if you use a debit card. Processing times for withdrawals can take longer than other methods.
Depositing Funds with the Best Mastercard Betting Sites
Funding your sports betting account using either a Mastercard account is easy to do and can be completed in seconds. And once you have registered your card with the Mastercar sportsbook, the next time you bet, it will be even faster as your details are stored.
You just need to enter the amount you wish to bet and enter your 3-digit CSV number than you can find on the back of your Mastercard. Let’s have a look at the three simple stages to making a deposit.
Step One: Log in to Your Sportsbook Account
If you already have an online sports betting site account, you first need to log-in. Once done, access the ‘My Account’ section, this can be called different things at different sportsbooks, but they are all similar.
If you don’t already have a sportsbook account, now is a good time to sign-up with one. Every operator you see on this site is licenced and regulated, allowing you to bet with confidence.
Step Two: Select Debit Card
Once you logged into your account, you need to access the betting site’s banking options. There you will see opportunities to view your balance, transfer money from a sportsbook to a casino account, withdraw. You will also see an option to deposit, select that option. From the drop-down section, you will see a list of payment options. As we will be using a Mastercard, choose the option that says Debit card.
Step Three: Enter your Card Details
All that is required now is to select ‘add new card’. If you are on a tablet or mobile device, some sportsbooks, allow you to use the device’s camera to scan your card. This method is the quickest way to add a card as the fields will automatically populate, all you need to do is enter the three-digit CSV code that is located under the signature strip on your card.
If you are unable to use the scan facility, it’s still a straightforward process, complete the fields with your card number, expiry date, and the CSV code and select add card.
Withdraw Your Winnings – An Easy Process
The process to add this to the best Mastercard betting sites is a straightforward process and as all your card details are stored at the sportsbook, so is making a withdrawal from your account. The main thing to remember is that although making a payment is instant, after making a withdrawal request, it can take up to five working days for the funds to reach your account. During bank holidays, this could mean a wait of over a week. Let’s visit the steps you need to take to request your funds;
As you’ve seen, requesting a withdrawal is a straightforward process and shouldn’t take more than a minute or so to complete. Log-In to your sportsbook account and select the banking section, then select the withdraw option. Your card details should already be present but if not, or you have more than one card linked with the sportsbook, there will be a drop-down menu for you to select the correct card that you deposited with.
Confirm that the card details are correct and enter the amount you wish to withdraw, enter your password and press the withdraw button. It really is that easy, within 1-5 working days the funds will available in your account that is linked to your Mastercard.
Bonuses at Mastercard Sports Betting Sites
Obviously, as a new player, it is integral that you get a bonus when you sign up to a betting site. Luckily there are many Mastercard betting sites that cater to your in this regard, with the best one listed below.
| Best MasterCard Betting Site | Bonus | Highlights | Rating | Secure Link | T&C’s |
|---|---|---|---|---|---|
| Hard Rock | Up to $100 Bet Match | 84+, 330+ | Bet Here! | T&Cs Apply. New customer offer. Always gamble responsibly. 21+ |
As you can see, it is a great starting point. As with all online betting bonuses, we urge you to read the fine print, to make sure you adhere to all the T&Cs and fulfil the criteria needed to be eligible.
Security at Online Sportsbooks That Accept Mastercard
Mastercard differs from how rivals operate, and it is these differences that the company claim that makes their system more secure than anyone else. Visa operates a star-based system, and all transactions terminate at one of the Visa’s datacentres. Mastercard, however, uses an edge-based, peer-to-peer network that routes traffic to one of many endpoints.
Meaning an isolated incident (power cut, natural disaster etc.) will not have a significant impact on the network. The company also have many customer compliance programs which preserve the integrity of the payment system, these include; System to Avoid Fraud Effectively (SAFE) Compliance, Member Alert to Control High-Risk Merchants (MATCH) and Global Merchant Audit Program (GMAP). The picture shows other ways in which Mastercard keeps you secure.
A Short History of the Company
Mastercard’s origins began in 1966 when several regional bank card associations joined forces to create the Interbank Card Association (ICA). The company in 1969 released a new product called “Master Charge: The Interbank Card”. This became MasterCard in 1997. The company’s merger with Europay International who was a sizeable card issuer boosted the Mastercard’s position in 2002 and 2006 they changed their name to MasterCard Worldwide to emphasize the global acceptance of its payment system.
| Company Name: | MasterCard |
| Business Sector: | Financial Services |
| Headquarters: | Purchase, USA |
| Website: | www.mastercard.com |
| Regulation: | Financial Conduct Authority |
| Share Price: | NYSE |
| Founded: | January 1966 |
| CEO: | Ajaypal Singh Banga |
| Founders: | United California Bank |
| Revenue: | 16,880 billion $ (2019) |
By 2010, the company was focussing on the expanding e-commerce market as seen by their acquisition of DataCash, a payment processing and fraud/risk management company. These acquisitions continued with the purchase of Pinpoint, a rewards program management company in 2014 and entered a deal with tech giant Apple to introduce a mobile wallet feature for iPhones in 2014. Recently, the company has entered new markets such as artificial intelligence and machine learning with the purchase of Brighterion.
The company’s net income rose to $801 million from $623 million, and net revenue rose 14 per cent to $2.42 billion. There are an estimated 191 million Mastercard cards in the United States and 576 million cards in the rest of the world.
How does Mastercard Compare to Other Alternatives?
In a crowded market that features such names as Apple Pay, Neteller, Skrill and bank transfer, Mastercard can ill afford to rest on its laurels. With this in mind, we think Mastercard’s main rival is PayPal betting sites.
There are plenty of options as you see in the list above. Many offer flexibility and differing degrees of safety. Ultimately, it is up to you to decide which one you prefer to use, and this will influence your decision greatly.
Betting with Mastercard – Fast and Simple
Owning a Mastercard is almost a guarantee that you can use your funds at an online sports betting site. It’s fast, secure and easy to use and almost universally accepted. The sign-up process is simple and its debit card option means you can be betting with Mastercard within minutes of depositing.
One of the biggest reasons to pick a debit or credit card from either Mastercard or Visa for use at online sports betting sites, is due to the betting bonuses you can claim. Many sportsbooks exclude eWallets from their promotional offers, but that isn’t the case with Mastercard and Visa. If you are interested in opening an account and taking advantage of the special offers, a full list of the best sportsbooks can be found on our US homepage.
Overall, Mastercard betting sites are fast and simple and is highly recommended.
FAQ
We love hearing your feedback and suggestions for our site, and if you have any questions regarding Mastercard gambling sites or any sports betting questions, you are welcome to drop us an email at info@bestbettingsites.com.
🏆 What are the best MasterCard betting sites?
The best MasterCard betting sites have been collated for you in this review. Our experts chose from a plethora of operators to bring you only the top ones. This was done through our stringent testing system.
💳 Can I have more than one Mastercard card registered with a sportsbook?
Absolutely, you can add several cards, you can also have a mix of Mastercard and Visa cards. Please remember though that the card used to fund the account will be the same card that withdrawals are made to.
🎁 Are there any bonuses available at MasterCard sportsbooks?
Yes! Most of the operators' betting bonuses are available to be claimed when using MasterCard. Naturally, you should always read the T&Cs to be sure, as you do not want to be disappointed!
💵 Are Mastercard payments to betting sites fast?
Yes. Mastercard deposits will appear in your sportsbook account almost instantly. Withdrawals tend to take a little longer depending on whether it is the first time you request a payout.