Using a Mastercard betting site allows you peace of mind, since you have enough on your mind like finding competitive odds and choosing the right markets to bet on. The last thing you need is to worry about your money being safe and secure. Thatâs where sportsbooks that accept Mastercard come into the picture.
Mastercard is one of the most secure and trusted payment options in any industry, and it has been for decades. So itâs no surprise that itâs one of the most widely accepted banking methods at sports betting sites. In this guide, we take a look at what makes Mastercard so popular on betting sites.
Why Choose Mastercard for Betting Sites
In the worlds of both gambling and finance where safety and security are incredibly important, reputation is everything. And Mastercard has an impeccable reputation in both industries and with good reason. Here are some of the main benefits of using Mastercard on sports betting sites.
| đ Security features | As one of the largest payment processors in the world, Mastercard's security features are tight. In fact, weâd even go so far as to say theyâre among the best in the world. The company uses the latest authentication standard â EMV 3DS 2.0 â to protect data and run the Mastercard Identity Check. Youâre even covered with Zero Liability protection in case someone else tries to use your account. |
| ⊠Quick deposit times | By quick we mean pretty much instant. Mastercard betting deposits can take seconds to hit your sports betting account. Perfect if youâre in a hurry to make a bet before the game starts. |
| đ Convenience | The majority of betting sites that accept Mastercard will allow you to make a deposit with your smartphone wallet. All you need is your fingerprint or even a selfie to fund your account in seconds. |
What about fees or limits?
For the most part, there are no fees attached to deposits with Mastercard and very few limitations aside from the usual minimum deposit of around $10 and maximum limit of $1,500-$5,000. In some states such as Iowa, Massachusetts, and Tennessee, there may be restrictions on funding your sportsbook account using a credit card. In those cases, you can use a Mastercard prepaid card.
How We Grade The Best Mastercard Betting Sites
Mastercard betting sites are not what youâd call hard to find as nearly all major sportsbooks accept Mastercard. But that makes it a little more difficult to choose the best from the rest. So thatâs exactly what weâve done here. As you may have guessed by now, we have active accounts with all major sportsbooks and we used our accounts to test the Mastercard betting options.
We took a look at deposit times, minimum and maximum limits and fees. We also looked at the actual features of the sportsbook itself including welcome promos, bet types, odds, betting markets and any ongoing promotions. To top it all off, we read countless reviews from seasoned bettors who used these online sports betting sites. We like to make sure that our recommendations are always based on feedback from a variety of sources and not just our own experiences.
Top Sportsbooks for Using Mastercard
Some online betting sites that accept Mastercard are a cut above the rest â like the three recommendations below. But itâs not just the fact that all have a super secure payment option as standard that has pulled us in. Itâs also the competitive odds, wide range of markets and impressive ongoing promotions that set these sportsbooks that accept Mastercard apart.
| Sportsbook | Welcome Offer |
|---|---|
| đ˛ BetMGM | Up to $1500 in Bonus Bets if Your First Bet Loses | Bonus Code: USBETTING |
| đ˛ Caesars | $1,000 First Bet on Caesars | Bonus Code: USBETTING1000 |
| đ˛ bet365 | First Bet Safety Net up to $1,000 |
-
![]()
BetMGM sportsbook needs no introduction. Itâs a household name thanks in large part to its clever marketing and unique regular promos and bonuses. One of the best features youâll find at BetMGM is the live streaming of major sporting events. These streams are the perfect complement to live betting markets that are updated in real time. The impressive cash out and bet editing features also mean that you can change your bet when watching the game live through the sportsbook.
-
![]()
Caesars is another big name for sports betting with Mastercard. It has a slick live betting feature comparable to BetMGMâs. Its user interface, though, is possibly one of the best. Everything is easy to find and well laid out on both the desktop and online betting sites. A standout feature of this sportsbook is the loyalty program that offers some incredible rewards. These include comped hotel stays, cash bonuses and more.
-
![]()
bet365 is often thought of as the new kid on the block, but this UK heavyweight has been operating in the US since 2018 and has a solid reputation for excellent customer service. One of the things we really like about this Mastercard sports betting site is that it has a massive variety of markets including niche sports like ten-pin bowling and futsal. You can even bet on Esports. bet365 also claims to have the most competitive betting odds and from what we can see it's not an empty claim.
How to Use Mastercard for Deposits and Withdrawals
Using Mastercard to fund your online sports betting is an incredibly simple process as is cashing out. Just follow these straightforward steps.
(Remember that before carrying out the steps below, youâll need to verify your sports betting account. You can only use a Mastercard debit or credit card that is in your name and it must match the name on your sportsbook account.)
Making a Mastercard Sports Betting Deposit
- To get started, navigate to the online sportsbook of your choice by clicking the green "VISIT SITE" button embedded in the sportsbook's banner on this page.
- Head to the cashier section of your sportsbook. It might be called "Banking" or "Payments" or could simply be labeled "Deposit."
- Choose Mastercard for your deposit methods.
- Set your deposit amount. Remember that there will be a minimum limit of around $10 for each deposit.
- Enter your card details, choose your amount and authorize the payment with your card issuer, and youâre good to go.
- All Mastercard deposits are instant, so you can start betting right away.
Cashing out with Mastercard
Cashing out is simple but in many cases, withdrawals via Mastercard are only possible through a debit card. Any online account that is funded by credit card is usually cashed out through online banking.
- Head to the cashier and find the "Withdrawâ, "Cash Out" or a similar option.
- Youâll need to choose the option that you made your deposit with. If that was a credit card, then you will be directed to enter your online banking details.
- Choose the amount youâd like to withdraw. Your minimum withdrawal amount will be $10 while the maximum can be very high. In bet365âs case itâs $99,999,999!
- Hit confirm.
Withdrawals are only possible through Mastercard payments if your card issuer is set up for Mastercard Send. In this case, you could receive your payout on your Mastercard debit card in as little as two hours. Realistically though, internal processing could bump that up to a day or two.
Betting Bonuses and Promotions
So we mentioned bonuses and promotions earlier and thatâs for a good reason. These offers give you a chance to boost your bankroll significantly by just making a deposit or signing up with a Mastercard betting operator. Below, weâve listed a few of the most popular types.
Welcome Bonus
These are the promos that are designed to get you in the door and as such theyâre the highest value. Typically, a welcome bonus is tied to making your first deposit. And yes, Mastercard deposits should qualify for any welcome bonus. Common welcome bonuses are deposit match offers or "No-Sweat Bet" offers where if your first wager is a losing one, you get your stake back in site credit.
Cashback
Cashback offers can be tied to your success or to put it more accurately, your lack of success at online betting sites. The sportsbook will offer you cashback that equals a percentage of your losses for a set time such as a week or a month.
Reload/Deposit Match offers
Like most welcome bonuses at online betting sites, these are deposit match promos where the sportsbook will match your Mastercard betting deposit by a certain percentage. A 100% deposit match would see a $50 deposit matched by a rate of 100% giving you an extra $50 in credit.
Itâs worth keeping an eye out for cashback and reload offers as they may change from time to time. Itâs also a good idea to have accounts at more than one sportsbook so you can maximize the benefits of these bonuses.
Safety and Security
Mastercard is the OG when it comes to fraud protection for credit and debit cards. As we mentioned earlier, the company uses the latest authentication standard â EMV 3DS 2.0 â to protect your Mastercard account. And thereâs liability protection in case someone gains access to your card.
Even with all that protection, itâs a good idea to take some steps yourself. Here are a few things you can do to protect your betting account when using sportsbooks or sports betting apps that accept Mastercard credit and debit cards.
- Never share your card information with anyone.
- Always make use of two-factor authentication for secure payments.
- Use Mastercardâs Identity Check feature.
- Utilize prepaid Mastercard cards so you donât need to share financial information with the sportsbook.
Alternative Payment Methods
Itâs always good to have a plan B just in case your card expires or a sportsbook does not accept Mastercard. Here are a few other payment methods to check out.
-
![]()
PayPal is an e-wallet that most people have used or at least heard of. Itâs got great security features and deposits are instant. The only drawback is that minimum deposit limits can be higher than Mastercard while maximum withdrawal limits using your PayPal account are much lower. -
![]()
PayNearMe is an excellent alternative to Mastercard where you can make deposits at one of 27,000 retail stores and locations throughout the US. Deposits are instant, but you can only put in a maximum of $500 at a time. Also, you cannot make a withdrawal using PayNearMe. -
![]()
ACH is a little like a wire bank transfer from your checking account, but your deposit goes through a clearing house before it arrives in your account. Itâs super secure and very reliable, but it can take quite a long time to process, so itâs not ideal for fast deposits or withdrawals.
Responsible Gambling
All sportsbooks and sports betting apps that accept Mastercard provide free resources for responsible gambling. These include tools and guides to help prevent the dangers of problem gambling. This can include the ability to place gambling limits on your account and even limit any Mastercard deposits.
The availability of these tools and resources is usually a condition of a license issued for sports betting. These can be found in the Responsible Gambling section of the sportsbook website or app.
Online sports betting with Mastercard credit cards and Mastercard debit cards is one of the safest and most secure payment options for sports betting. Youâve got all of those standard Mastercard security features on top of the measures in place at your sportsbook to keep your money safe. Add to that the convenience of deposits and instant processing times, and you can see why itâs been the tried and trusted banking option for bettors since online sports betting first launched in 2018.
For the convenience factor and secure transactions alone, itâs well worth checking out one of our recommended online sportsbooks above by hitting the green âVISIT SITEâ buttons.
