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Mastercard Sportsbooks - Online Bettings Sites That Accept Mastercard
Last updated May 28, 2024
If you're a MasterCard holder, using it to deposit money into your sportsbook account is an excellent choice. MasterCard is accepted across all legal US sportsbooks, making it a convenient and reliable payment method.
Whether you prefer using MasterCard credit cards, debit cards, or prepaid cards, they are among the most popular payment methods offered by sportsbooks in the United States.
So, what are the top MasterCard sports betting platforms? What are the benefits and drawbacks of using MasterCard for sports betting? And how can you get started with your MasterCard for a seamless betting experience?
In this guide, we will answer all these questions and provide you with everything you need about sports betting with your MasterCard. Read on to find the best options, understand the advantages, and learn the steps to get started.
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Best Online Sportsbooks for Mastercard Deposits & Withdrawals
You will not have difficulty finding a high-quality, reliable sportsbook that accepts Mastercard for deposits and withdrawals. Below are a few potential sports betting sites that may work for you!
BetMGM Sportsbook
You can sign up now with BetMGM on its website or mobile app and deposit as little as $10 using your Mastercard debit or credit card. You may also sign up for an MGM Rewards Mastercard and earn points for incredible experiences such as hotel stays, dinners, and entertainment options. Furthermore, BetMGM Sportsbook offers a fantastic live betting experience and some of the most competitive odds on the market.
Caesars Sportsbook
If your preferred payment method is Mastercard, Caesars may be an excellent option for you. It requires a minimum deposit of $20 and does not charge any extra fees for payments made using Mastercard. Caesars Sportsbook also provides an incredible customer rewards program and one of the most generous welcome offers in the industry.
FanDuel Sportsbook
FanDuel is another excellent platform that allows you to fund your sports betting account using your Mastercard. All FanDuel deposits via Mastercard are instantly processed and credited to your account, meaning you can start placing wagers immediately. FanDuel also has one of the best mobile apps among U.S. sportsbooks and offers frequent bonus opportunities to their users.
DraftKings Sportsbook
DraftKings Sportsbook accepts PayPal for deposits and withdrawals.
To deposit using PayPal, log in to DraftKings, navigate to the deposit section, enter the amount, and confirm the transaction through PayPal. Funds appear instantly, with a minimum deposit of $5.
For withdrawals, go to the withdrawal section, select PayPal, enter the amount, and confirm. Funds typically transfer within 24 hours.
Bet365 Sportsbook
Bet365 accepts PayPal transactions in the United States. Using PayPal with Bet365 provides a reliable and efficient option for handling deposits and withdrawals. Transactions via PayPal are typically swift, enabling instant deposits and withdrawals generally processed within a 24-hour.
How To Start Betting With Mastercard
It is very easy to sign up for an account, make a Mastercard deposit, and start placing bets. Just follow the five simple steps provided below!
You will first need to find a sportsbook that fits your personal preferences and betting needs. Sometimes, it is necessary to try out a few different platforms until you find the one that works best for you.
Once you choose a sports betting platform, you will need to create an account. Enter all necessary information, verify your account, and use a promo code if you would like to take advantage of the sportsbook's welcome offer.
Add funds to your account by making your first deposit. Select the “Mastercard” or "Debit Card/Credit Card" option, enter your card information, and choose the amount you wish to deposit. You may also use any of the other payment options available to make your initial deposit.
Your deposited funds will be available immediately, and you can begin placing wagers on any market or league of your choice.
When ready, you may withdraw funds from your online sportsbook account. Many platforms will allow you to make withdrawals to your Mastercard debit card. Select “Withdraw” or “Cash Out” and choose the amount you wish to transfer out of your account. The payout time varies across different sportsbooks, but you can generally expect your funds within 2-3 business days.
Pros & Cons of Betting With Mastercard
There are many reasons your preferred payment method may be a Mastercard debit card, credit card, or prepaid card.
✅ Instant Deposits: Mastercard deposits are almost always immediate, allowing funds to be credited to your online sports betting account instantly.
✅ Reliable and Secure: Mastercard is a well-established and reliable brand that offers privacy and security for your funds and personal information.
✅ Widely Accepted: Mastercard is an acceptable form of payment on every major online sportsbook in the U.S.
✅ Rewards Points: Many Mastercard cards allow you to earn rewards points with each deposit to your online sportsbook account or any other purchases.
❌ Withdrawal Limitations: Debit and credit cards are not always acceptable methods for withdrawals from your account.
❌ Lower Limits: The maximum deposit and withdrawal amounts may be slightly lower when using Mastercard compared to your online banking account.
❌ Workaround Solutions: You can withdraw money from your sports betting account using a Prepaid Play+ Card or PayPal account funded with your Mastercard.
More Payment Betting Guides
FAQ
Do online sportsbooks accept Mastercard?
Yes, all major online sportsbooks in the United States (e.g., DraftKings, FanDuel, BetMGM, and Caesars) allow you to make deposits to your account using a Mastercard debit, credit, or prepaid card. However, only some sportsbooks allow you to make Mastercard withdrawals.
How do I start betting with Mastercard?
You can start placing sports wagers with your Mastercard card by choosing a betting site, creating an account, and making an initial deposit. You will need to enter your card information (name, card number, expiration date, CVC code, etc.), but all of your information is well-protected and safe when using the sportsbooks included in this article.
Is Visa or Mastercard better for sports betting?
Both Visa and Mastercard are excellent options for making deposits and withdrawals to your sportsbook account. They are both widely accepted, convenient, and reliable payment methods for online sports betting.
What other payment methods are available to sports bettors?
The payment options available will depend on your location and sportsbook. However, most customers will be able to make deposits and withdrawals using any debit or credit cards, online banking accounts, PayPal, Venmo, Prepaid Play+ Card, PayNearMe, and several other popular methods.
Will betting sites charge additional fees if I use Mastercard?
No, the vast majority of online sportsbooks do not charge any additional fees when you make deposits or withdrawals using your Mastercard debit card or credit card. However, it is possible that your bank may have a standard fee for transactions of this nature. That said, if this is the case, you will be made aware of these fees and given the option to confirm or decline the transaction beforehand.
