Online Sports Betting Using MasterCard: Top sites & Advantages

MasterCard is undoubtedly a popular banking option in most online sports betting sites. If you are a resident of the U.S and would like to find out which betting websites offer it is a deposit/withdrawal option, this post has the details.

Online Betting websites that accept MasterCard

While not many bettors take their time to find out about payment getaways on a betting site before signing up for a betting account, let’s emphasize that it is necessary to do so. The main reason for doing so is to avoid inconveniences that sometimes come with withdrawing winnings from a sports betting site. Thus, ensure to set up your account so that it is 100% complete before signing up.

Now, on betting sites in the U.S that accept MasterCard, both as a betting account funding option and as a payment gateway of withdrawing winnings, the following are worth noting:

bet365

bet365 is a popular sports betting website in the U.S.A. It covers wide-ranging traditional sports with the main ones being baseball and boxing. New players on this website can sign up from New Jersey. You are also eligible to deposit funds to your gaming account using MasterCard.

Betrivers

baseball betting

Bovada is another sports betting website in the U.S.A that accepts different modes of payments, including MasterCard.  New players on Betrivers who fund their account for the first time using MasterCard or any other accepted mode of deposit qualify for a welcome bonus.  You can only use the bonus to place a wager on sports such as soccer, American Football, and Baseball.

betMGM

Another popular sports betting website targeting customers in the U.S and accepts MasterCard deposits is betMGM. MGM casinos have been operating for many years and are still going strong. For someone looking to place a wager on sports, you should note that the gaming site features different traditional sports.

Some popular sports on the website are soccer and car racing.  For MasterCard deposits, you qualify for a new player bonus welcome offer. However, for the bonus to appear in your account balance, you may need to use a promo code.

William Hill

Another U.S-facing sports betting website accepting MasterCard deposits is William Hill. The main traditional sports on this website is American Football, popularly known as NFL. However, you can also place a wager on other websites such as baseball, boxing, and soccer. New customers who deposit money into their account for the first time using MasterCard or any other accepted deposit method qualify for a welcome bonus of up to $150.

Draftkings Sportsbook

This is another sports betting website in the U.S accepting MasterCard deposits. The most popular game on this website is baseball, followed by soccer and boxing. A closer look at this sports betting platform shows striking similarities with others, which we explored above. But thmastercard betting sites  e point is that if you are looking to play on this website, you get up to $1,000 in welcome bonuses provided you fund your account using MasterCard or any other accepted payment methods.

Why MasterCard Is a Preferred Payment Method on Online Sports Betting Platforms

MasterCard may not be as popular as VISA but the truth is that it boasts of at least a million customers globally. However, there are a few factors that put MasterCard above Visa, which informs its wide acceptance in thousands of online sports betting platforms. For a punter on the U.S looking to add MasterCard as an account funding or withdrawal option, it comes with the following advantages:

Low fees

Unless indicated, MasterCard deposits attract low fees, if any. Come to think about it. Who wouldn’t want to add a free payment option on a gambling site? Well, it is the wish of every punter to use a payment method that does not charge their account and that is what you get with MasterCard.

Quick authorization

Most punters worry about how soon will their preferred funding or withdrawal option get approved. The good news is that with MasterCard, authorization is often faster than you think if not immediate. It means, with MasterCard as your betting account funding/withdrawal option, you will start playing as soon as you add it.

Exciting offers from MasterCard

The more you use your MasterCard, the more exciting offers you get, both on a sports betting platform and from the MasterCard itself. From exclusive deposit bonuses to holiday offers for MasterCard customers, it is a payment gateway loved by millions of punters in the U.S and around the world.

MasterCard is convenient and Reliable

MasterCard deposits and withdrawals are often very fast and reliable, especially during football season. Thus, it is available on most U.S-facing sports betting websites.

Disadvantages of using MasterCard

mastercard betting options

While MasterCard is a popular payment gateway in most U.S-facing online sports betting websites, some disadvantages come with its use are:

  • Sometimes processing times for deposit and even withdrawals are not reliable.
  • You may encounter occasional challenges funding your sports betting account from some banks. Thus, you should always find out if your preferred online sports betting platform accepts MasterCard payments.
  • While MasterCard process fees are relative, seasonal changes can drive the cost high.
  • When using MasterCard to fund a gambling account for the first time, you may encounter a limit placed on how much you can move from your bank for the first time. We recommend contacting your bank to inquire about this before using the payment gateway to fund your sports betting account.

Final Opinion On Online Sports betting sites Accepting MasterCard Deposits and Withdrawals

Sports betting is not very popular in the U.S but you will discover that for betting sites that feature traditional sports, punters have wide-ranging payment options. However, before you can use your MasterCard to deposit money to a betting account, you should get a vital licensing from your bank, including proof of card ownership. Most importantly, MasterCard has put in place several security measures to guard against fraud relating to online transactions. You will, however, realize that to qualify for large deposits, punters must have used the card for a long time.