MasterCard Gambling Sites – Casinos and Sportsbooks
Faith Mortensen | July 29, 2022 | Updated on: December 4th, 2023
MasterCard is one of the biggest names in the financial services industry. Pretty much any online casino accepts MasterCard as a payment method. With more than 700 million MasterCard debit and credit cards circulating the world, it is not really surprising.
If you would like to find out more about MasterCard casinos and online betting sites, stick around. Below we have a look at the following:
How to deposit and withdraw using MasterCard
The advantages and disadvantages of the banking method
The top casinos and betting sites that accept this deposit option
Online Sports Betting Sites that Accept MasterCard
MasterCard is a financial services provider that launched in 1976. The company’s primary service is processing transactions made between financial institutions, mainly focusing on ensuring customer-to- merchant transactions are successful.
Since the company’s formation, it has become one of the largest card issuers in the world. In fact, MasterCard currently ranks second only to Visa in the total number of active cards circulating worldwide. Suffice to say; you have probably owned a MasterCard debit or credit at one point in your life.
Due to the company’s overall popularity, hundreds of thousands of vendors, both online and offline, accept the banking method. This includes casinos and sports betting sites. Generally, an online gambling site will always accept MasterCard and Visa for at least deposits. If the site does not, it is isolating a huge part of its potential user base.
Gambling Sites That Accept MasterCard: How to Deposit
Making deposits with MasterCard at a gambling site is a painless process. If you have ever bought anything online and used your debit or credit card to pay for it, you will be familiar with. If you are still unsure, follow these steps:
Grab your card.
Launch your preferred gambling site.
Go to the cashier section.
Pick MasterCard from the available deposit methods.
Fill in your cards details, i.e. card number, expiry date and CSV number.
Select your amount.
Make the payment.
Check for funds.
Start gambling.
MasterCard Withdrawal Casino: How to Cashout
It is not often that a casino or sportsbook allows you to withdraw using a debit or credit card. If you find a site that does, you can withdraw using MasterCard as follows:
Log into your casino account.
Head to the site’s banking section.
Select withdrawals and select MasterCard from the list of payment options.
Enter the required details. This includes the name on the card, card number, expiry date, etc.
Finish the transaction and wait for your money. You should receive it in about 7 to 14 days after the real money casino site has processed it.
Advantages of MasterCard Sports Betting Sites
Here are some of the significant advantages associated with using MasterCard to fund your online casino gaming or sports betting:
The banking option is widely available. You will have more trouble trying to find a casino or sportsbook that doesn’t accept MasterCard than trying to find one that does.
It is safe to use. Companies such as Visa, MasterCard, and American Express are always finding ways to improve transactions’ security. As long as you join a trustworthy gambling site, you should have no problem with making safe deposits and withdrawals.
You can make large deposits. Along with Bitcoin, debit and credit cards offer gamblers some of the highest available deposit limits. Often, you can deposit thousands of dollars at one time if you choose to do so.
Disadvantages of MasterCard Casino
Using MasterCard for your gambling exploits is not without its drawbacks. Some of the most significant disadvantages of this banking method include:
There are standard card fees. Anyone who owns a bank card knows that you are charged banking fees every time you use it. This is one of the general disadvantages of using your card to make a payment.
Not always available for withdrawals. Not every site allows you to make withdrawals using your bank card. If a MasterCard online casino does, you can generally expect to wait more than 10 days to get your money.
Not available to every player. As surprising as this may seem, not every player has access to a bank card. After all, you need to apply for a card at a bank. Banks may reject you if you have a negative financial record.
Yes, Mastercard allows you to make deposits so that you can gamble online. Most casinos and sports betting sites accept the banking option for that reason.
As we mentioned above, financial services providers are always working to ensure that their banking method remains safe. The onus is on you to find a trustworthy casino or sportsbook that will not steal or leak your information. For this reason, we recommend looking for sites that use 128-bit SSL technology to encrypt transactions.
Yes, we think it is one of the best available options for depositing into your casino or sportsbook account. Funds will reflect instantly, and most people have a Mastercard debit or credit card.
The two are pretty much the same. They both offer instant deposits and feature fees for use. We like them both. However, American Express seems to have higher fees, so we try to steer clear from using these credit cards to make deposits.