Best MasterCard US Betting Sites in 2022
MasterCard has been one of the best-known credit and debit card providers in the world for years. As such, the company is greatly represented in the United States as well, pushing many online sports betting aficionados to investigate sportsbook sites in offer.
Federal regulations have been a limiting factor for years but there’s now a number of MasterCard sportsbooks at hand, offering access as quickly as you can open your wallet and type. The sportsbook will usually boast great user-friendliness, bonus offers, and best odds but there are more things to consider. Let’s take a look at some of our MasterCard credit and debit cards gambling resorts!
MasterCard: How it works!
MasterCard, as many other credit and debit cards, offers a simplified process of online purchase. Best MasterCard betting sites will have you set up an account and bet almost instantly just as well. While there are not as many sportsbook websites that accept it as one would hope, there are still great offers on the table.
Bettors’ toughest task in the whole process is picking the best option for themselves so let us take the time and get an in-depth understanding of it. We’ll list sportsbooks that accept MasterCard, go through a step-by-step process of deposit and withdrawal process, as well as the MasterCard pros and cons.
Top 5 betting sites with MasterCard
MasterCard has a huge base of everyday users and as such, it’s only natural many bettors will look for top sportsbooks if they already have the card in their wallet. You can find some of the top choices below and set on a search for your best pick!
Payment procedure with MasterCard
Once you have checked out review pages of our favorite betting sites and selected the sportsbook you want to go with, it is time to make the first deposit and grab that bonus. If you have an existing card, click Deposit and follow these simple steps to fund your account:
- Step 1: Choose MasterCard from the deposit methods offered
- Step 2: Set the amount you want to transfer to the account
- Step 3: Enter the required information correctly, including your name, address, and card details
- Step 4: Apply and have your money transferred almost instantly!
Credit cards like MasterCard are easily the most popular way of paying for stuff online, but when it comes to sports betting deposits they are not always the ideal choice. While all MasterCard deposits are instant and free, cashouts to this payment method are not available. For that reason, remember you will need to have another payment method available for the time you want to withdraw some cash, or you will be stuck with money in your account and no way of paying it out.
MasterCard: You need this before your first payment
While it’s a seamless procedure to issue payments and complete transactions nowadays, we strongly advise you to always have control over money. Only bet with money you can spare to lose and make sure your betting account is secure before you deposit.
Also, learn more about your credit or debit card before you start using it, including all specifics and possible interest rates you will be charged. MasterCard is known as one of the viable choices for bettors but this does not have to mean it is perfect for you. There is a number of different cards in the offer, though, and these are suited to different types of users.
If you don’t have MasterCard, you can easily apply for one. Aside from visiting brick-and-mortar banks, you can open an account and have a MasterCard card issued online. You can find more details on the provider’s website while you will have to go through one of the US-based banks to have it issued.
You will need to submit all your information, including sensitive data, so it’s also something players need to consider. Once you complete a rather short and concise process, you will also need to submit documents confirming your ID and legal status.
Pros and Cons of MasterCard
Advantages of MasterCard
Convenience and speed is what MasterCard is going and that’s just what online sports betting sites offer. It’s one of the most used and best known credit cards in the world and as such, the wide-spread use has become its selling point over time. MasterCard offers quick access to funds too, where you can purchase something online or deposit on a sportsbook within minutes.
Additionally, top banking security systems grant fund safety as well as data protection. This takes a lot off players’ minds and allows you to transfer money to your account stress-free. Data encryption and firewalls do the same on the sportsbooks’ side and all you need to do is protect your connection to the server.
MasterCard is a well-known ally to online sports betting across the globe and the same goes in the United States. The processing times are just as short and the fees are either very low or non-existent, both when depositing and withdrawing money. All this makes it a great option to move your money around but like every payment method, it comes with a downside or two.
Disadvantages of MasterCard
We’ve said the greatest advantage is its widespread use but MasterCard sports betting is still not perfect. Many of the big guns in the industry still don’t allow deposits via MasterCard or VISA, for that matter. This will mean fewer opportunities and this has to be taken as a negative as well.
While user protection deserves praise, players can consider the obligation to share personal details a disadvantage to using MasterCard. This includes both sides of your card when requesting a withdrawal! Furthermore, some sportsbooks do not allow credit card as a withdrawal method at all. This can me further fees, depending on the method you select in such circumstances.
Withdrawal times are longer than what some other payment methods offer too, including e-wallets and cryptocurrency. This can be a factor too, especially if you need to get your money back quickly and cash in on any potential winnings. However, it is important to note MasterCard still stands as one of the quickest ways to withdraw when available.
- MasterCard is a trusted brand and its widespread use serves as evidence
- Credit card providers and banks have top security systems in place
- MasterCard deposits are quick and easy
- Many sportbooks don’t offer MasterCard as a withdrawal method
- There could be further regulation in the future
Usual processing time & fees for payments with MasterCard
Credit and debit card deposits are usually instant and players using the payment method will see the funds in their sportsbook account within minutes. There are seldom any fees charged for a deposit but you must count on interest rates that come with credit cards. You will hardly come across a complaint for a deposit with any MasterCard review online.
When it comes to withdrawals, it can be more complicated with Federal regulations in place. This means not all of the sportsbooks that offer MasterCard for deposits allow it as one of the withdrawal methods.
The sports betting sites that do offer it usually take between two and five work days, which is pretty quick and only looks in the back of e-wallets. The fees for withdrawals range from 2% to 5% and will depend on the site you go with, so make sure to read a review as well as the fine prints.
If you are using a credit card on sports betting sites, it’s important to add the interest rates you will face to the equation. This means sportsbooks are willing to take deposit fees on themselves but you will have to see if, for example, the bonus in offer can cover for the rates when looking into overall viability of sports betting on sites.
While it’s not as widespread as one would want it to be, you can choose from an array of sports betting sites where you can deposit with MasterCard. Sportsbook accepts card deposits and process it almost instantly, which will allow quick access to online sports gambling as well as the odds you’ve been eyeing.
MasterCard credit card deposits usually hold no fees or they are very low. However, there are fees when you are withdrawing money so it’s important to bear this in mind before you bet – as well as the interest rated you are charged.
Yes, almost all sportsbook offers are available for bettors using credit cards, regardless if it’s VISA, MasterCard, or American Express you are going for. We advise you to confirm this by reading the bonus terms and conditions or by contacting the customer support before you deposit.
Yes, it is. While there have been some security breaches over the years, the security systems as well as data encryption do inspire confidence. SSL encryption review and banks’ top-notch security certainly adds to the feeling of devotion to fund safety as well as data protection.
If you don’t have a credit card and would like to use it for online betting or gambling in general, we advise you to visit the provider’s site before even checking out the sportsbook review pages. Players can apply for a card online and bet with their funds as soon as it’s issued.
This is largely dependent on your preferences and what you are looking for. We strongly recommend you take the time and check out the in-depth sports betting review pages, finding what best suits you when it comes to methods and fees, bet types, other gambling opportunities, bonuses, and more.
Online gambling and sports betting sites can deny processing some transactions. You should contact customer support and see what the actual issue is, as the site could still process it at some other time. Alternatively, you can investigate the issue with the bank issuing the card.
