At PromoGuy, we created this online sports betting with Mastercard review to determine if it's a reliable payment option for new and experienced US bettors and if it stands out above other popular choices.
We looked through a range of betting sites with Mastercard in addition to other payment methods to help you understand whether or not it is the most suitable choice for you and your online sportsbook needs. So, if you're inexperienced with using a Mastercard and want to know the ins and outs relating to sports betting, look no further.
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Making a payment with Mastercard - simple to follow process
We wanted to highlight how simple it can be for sports bettors of any skill level to start online sports betting, as there are a multitude of
betting sites with credit cards, and in particular Mastercard, so we created a step-by-step overview below.
Setting up your Mastercard
It's important to ensure you have a Mastercard credit card ready to use for online sports betting. If you don't have one, they're easy to apply for, and most customers are eligible to receive one. We suggest checking with your bank to find out what requirements you need to set up a card. These will usually be details, including your name, date of birth, job title, credit history, home address and spending habits, to determine what Mastercard credit card is suitable for you.
Online sportsbooks to choose from
Once you have the card up, you can choose between the betting sites with Mastercard payment to register an account with. We recommend looking through PromoGuy to find a range of detailed reviews to help make your operator's decision easier. This is the same rule as applies if you were looking for
online sports betting with PayPal. You will again need to input your name, date of birth, home address, email and phone number and verify your identity using a photo ID. These details must match the ones on your Mastercard, or you may not be able to use that payment type.
Connecting your Mastercard and placing wagers
The next step for Mastercard betting sites is to connect your Mastercard and deposit funds into your sportsbook account. Depending on the operator, there may be a minimum and maximum deposit limit, so double-check the small print to ensure the
bookmaker withdrawal limits
are within your betting budget. The process to deposit should be done within minutes, which is why Mastercard is a popular payment choice for many US bettors. You can then start looking through the available sports and placing your bets.
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Withdrawal and deposits with Mastercard: average time scales - how fast is Mastercard?
We looked at the transaction times when processing your funds using betting sites with Mastercard to find out how it compares to other common payment methods.
Straightforward deposits
When using betting sites accepting Mastercard, you'll be happy to know that depositing funds are processed almost instantly. This is the same for
betting sites with American Express
or
betting sites with VISA, but it gives the customer peace of mind knowing their funds will be ready to use within minutes on the sportsbook. As Mastercard credit cards are borrowed money, it's important to stick to a budget to ensure you're keeping track of how much you decide you want to wager and avoid any significant losses.
Average withdrawal times
Similarly, Mastercard
betting sites withdrawal times
are fast, usually processed within a few working days, which is quite common for other payment methods in the sportsbook industry. However, using an online sportsbook with Mastercard doesn't always guarantee it will allow credit card withdrawals due to the higher fees with payment options and charges that the operator could incur from your chosen bank. We suggest you check the
sportsbook payouts
terms and conditions on whether or not your sportsbook will allow Mastercard credit card cashing out.
Mastercard verification requirements - what to know before choosing Mastercard payments
Customers wanting to start online sports betting with Mastercard need to be aware of specific requirements beforehand. This also applies to those wishing to start online sports betting with Netspend
or
online sports betting with Venmo. To access a Mastercard credit card, the potential sportsbook user will need to check with their bank to find out if they qualify for a card and if the bank will allow that individual to use it towards online sports betting.
In the US, a few states have legalized betting sites with Mastercard, as online sportsbooks and gambling sites are not fully regulated across the country. So the customer needs to ensure they're living in an area that allows them to place wagers online and have full access to the operators, whether on a desktop site or a mobile app. Mastercard payments are excellent for players who want an efficient and speedy transaction processed, but the customer must make sure they're the correct legal age to have a credit card and to be able to use it in their state. The majority of betting sites require players to be at least 21 in the US.
Whatever the sport. Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
The history of Mastercard - why Mastercard is so reliable
When creating the betting sites with Mastercard review, our team at PromoGuy wanted to ensure customers that Mastercard is a trustworthy option. So we looked at its history to find out how it became as successful as it is today.
1900's
Mastercard started in the late 1940s in America as a few independent banks would give their customers a piece of paper to be used as an equivalent to cash in the stores. This allowed customers to pay back their purchases in installments if they wanted to and was later developed into a card that the major banks would accept at the time.
These major banks came together to form Mastercard International in the 1980s. But prior to the name change, the ICA (Interbank Card Association) was created by a range of committee members to expand the company in and outside of the US, including parts of Europe, Africa, Mexico, parts of Asia, including Japan and Australia by the 1970s. They were forming an impressive global network.
Mastercard currently
Over the 2000s, there was more expansion within the company as they could bring more technology-based developments. They merged with Europay International and aimed to make e-payments more efficient. Mastercard even started to consider online payments for betting sites. Mastercard is now available in over 210 countries globally and develops a cashless society for all.
Mastercard compared to other providers - is it better than the competition?
At PromoGuy, we created this brief comparison of betting sites with Mastercard to those using
online sports betting with Apple Pay
and found that Mastercard was a more convenient option for the average sports bettor.
Highly accessible
A betting site that uses Mastercard is more commonly found than one that uses Apple Pay. This is great for customers who don't have Apple products as that is what you'd need to access Apple Pay. In addition, Mastercard and other credit card providers are found in more online sportsbooks than these newer, more digital payment types, which makes the overall signing up process easier. And because they're so widely seen, morse operators will know how to reward customers who use these common payment types to enhance their sports betting experience.
Excellent security
If you're wondering if using an online sportsbook with Mastercard is safe, then we can assure you it's one of the most reliable options currently. Mastercard has decades of experience, which makes it a trustworthy choice as it has developed its highly advanced security technology to ensure your sensitive details are safe and avoid any third-party hackers. Since you'll need a device to access an Apple Pay account, that comes with risks and is why more US bettors choose to start online sports betting with Mastercard.
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Three essential facts about using Mastercard - what to consider beforehand
We also included three key facts that you should consider before making your final decision on whether to start online sports betting with Mastercard or not.
Subject to credit card fees
Although Mastercard is one of the most efficient payment options, you could also find yourself losing out on your deposit and withdrawal amounts due to some hidden fees that appear when using Mastercard betting sites.
These fees could depend on your operator and your bank linked to the credit card when it comes to online sports betting, so we recommend checking to see if there will be any significant amount coming out of your winnings when you cash out. Or if you'll receive all of the money you deposited before placing wagers.
Rewards and offers
As a Mastercard user, you may be entitled to redeem Mastercard-based rewards because of how much you spend or how frequently you're using your credit card. Similarly, betting sites with Mastercard may also reward their customers for using this specific payment method. This could come in the form of an enticing welcome bonus or existing customer offers to keep the customer wanting to use the sportsbook, but can also apply to
online sportsbetting with VIP Preferred, so look around for the best deals.
Because Mastercard is very accessible, your preferred sportsbook will most likely offer you a bonus to use alongside your first deposit, but always check the terms and conditions to see what requirements apply.
Up to date details are essential
It's important to use an online sportsbook with Mastercard with valid information. We recommend that you keep on top of when your credit card expires to avoid missing out on any offers or sporting events that could take place if you're waiting for a new card to be replaced.
Different types of Mastercard credit cards are available for customers, including standard, gold, platinum, world and world elite. If you find that your monetary amount has increased, you may need to update what type of credit card you have to ensure you're making the most of your sports betting experience.
Conclusion - say yes to choosing Mastercard
At Promoguy, we found that using an online sportsbook with Mastercard is an excellent payment option for new and experienced US sports bettors. Mastercard has decades of experience in the financial transaction industry. And even though not all states in the US have legalized online sports betting, the ones that have found that Mastercard is a highly accessible choice.
If you're still deciding if betting sites with Mastercard are preferable to online
sportsbetting with Pay Near Me, or any other payment method for that matter, we recommend giving it a try. It's one of the most straightforward payment choices to set up and deposit with a sportsbook. It also has one of the fastest depositing times to make your betting experience more efficient.
Whatever the sport. Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
✍How long do Mastercard deposits take on sportsbooks?
Betting sites with Mastercard are among the most popular choices for US bettors in legalized states. They ensure their customers will have a streamlined betting experience and even benefit from welcome bonuses that not every payment method is eligible for. To discover how long it takes to deposit using Mastercard, and how it compares to other methods such as
online sportsbetting with Pay Plus, check out our website for in-depth reviews on Mastercard and different sportsbooks.
❔How old do I need to be to use a credit card for sports betting?
In the US, a few states have legalized online sports betting with Mastercard. This amount is growing as the online betting and gambling industry sets to increase its reach in America and internationally. To find out how old you need to be to sign up for a Mastercard credit card and how old you need to be eligible for online sports betting in your area, check out PromoGuy for the latest news.
💵Is Mastercard sports betting the best payment option?
There are several popular sports betting payment options to choose from in the US. If you're interested in using an online sportsbook with Mastercard, look no further. Our website is full of detailed reviews to determine if Mastercard is best suited for you and your sports betting needs. So check out PromoGuy to find out about Mastercard and other payment types to choose from.
Whatever the sport. Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.
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