As of 14th April 2020, customers from the UK are no longer allowed to make credit card transactions at online betting sites
This credit and debit card provider doesn’t need any further introduction as its financial services are well known all over the world. If you already own a MasterCard, then you know exactly how easy it is to use for various offline and online payments. Thanks to their great services and a well-thought marketing plan, MasterCard is among the most-used cards globally.
Moreover, using MasterCard has the potential of dramatically improving your experience with various online betting sites. In case you didn’t know this already, MasterCard is one of the most popular payment options used by punters across the world for placing bets at the biggest betting sites.
7 Best MasterCard Betting Sites
In this article, you will get valuable information on the top MasterCard betting sites as well as an in-depth look at how MasterCard works. We’ve prepared a thorough review as well as a couple of step-by-step guides for you.
Enjoying such a huge success worldwide, it was predictable that MasterCard would be picked up by the biggest betting sites in the UK. One by one, all the major sportsbooks implemented this payment method as one of their top recommendations. Today, MasterCard is one of the most-used payment options for betting activities.
The betting sites that you’re going to read about in the following section have tens of years of experience in the field and enjoy an unshakable reputation both in the UK as well as the rest of the world.
Experience the William Hill MasterCard Advantages
William Hill has its special place on the UK betting scene. With a massive presence both in the online environment as well as hundreds of shops all across the country, William Hill is undeniably one of the giants. When a betting site the size of William Hill with a massive customer base recommends you as a top payment method, you know you’re doing things right.
It’s not a coincidence that MasterCard is right on top of the payment methods list on William Hill’s banking page. No matter if you own a debit or credit MasterCard, you will be able to enjoy lightning-fast transactions and great betting experience.
MasterCard is available for both deposits and withdrawals at William Hill, and there are no fees to be worried about. All the deposits made with MasterCard are instant and, thanks to an innovation brought by William Hill, the same goes for withdrawals.
The Priority Access Card they launched in collaboration with MasterCard, William Hill offers their customers instant access to their winnings. That cancels the 3 to 5 business days waiting period that got everyone so annoyed in the past. Also, it marks a very important moment for both the betting site as well as MasterCard.
MasterCard Transactions at Betfair
Betfair is another perfect example of how MasterCard and betting sites collaborate to deliver the best possible experience for punters. Being the official betting partner for football clubs such as Barcelona or Arsenal, Betfair doesn’t need any further praise. MasterCard has its reserved spot at the top of the available payment methods list, and it is also a great option for those that enjoy in-play bets.
Thanks to the instant processing of the deposit and the short amount of time you spend from the moment you log into your account to when you’re placing bets, MasterCard is excellent as a deposit method. Also, there are no fees that should concern you in any way.
You can use MasterCard for withdrawals at Betfair. However, you should take into consideration that you might not always be able to cash out this way. There are multiple possible reasons why a withdrawal on MasterCard can’t go through, and it’s mostly due to their regulations. Here are the most common ones:
- Some cards issued by MasterCard in the UK do not have an attached collection account details, making them unusable for withdrawals.
- The MasterCard you are using was issued in a country where withdrawals are not allowed – check Betfair’s help section for the complete list
888Sport and MasterCard – A Great Mix for Punters
Moving on with the list of huge betting sites that promote MasterCard for both deposits and withdrawals, we reach 888Sport. Depositing with MasterCard is facile, and you can get through it in a very short time. 888Sport does not apply any fees on deposits made with MasterCard, and it also processes your transaction instantly for maximum efficiency.
It’s recommended to check with their support department before making a deposit, though, to make sure you will be able to use the MasterCard for withdrawals as well. Just like in Betfair’s case, certain cards issued by MasterCard can no longer be used to send money on them so you will most probably have to select a different withdrawal method.[select_bonuses object=”25″ bonus=”1212″]
It’s already quite clear that using MasterCard at betting sites is fast, simple and recommended. You’ve already peeked at some of the advantages MasterCard brings when it comes to making deposits for betting purposes. Now, it’s time to take a closer look at what these advantages are and define them accurately. So, to sum things up, the advantages of using MasterCard are:
- Direct Access to Your Funds
- Being Able to Deposit in Seconds
- No Fees
- MasterCard SecureCode
✅ Access Your Funds Instantly
One big advantage you get when using MasterCard at online betting sites is instant access to your funds. No matter if you want to buy something online or withdraw cash at an ATM, it’s all possible through MasterCard. Compared to other payment solutions, there is no need for a further transfer of funds like you’d do with Skrill, for example.
✅ From Login to Placing a Bet in Seconds
This advantage is specifically applicable to those punters that already found the perfect betting site for them and are playing at the same sportsbook. After making the first deposit, you get the option of saving the card details so that the next time you deposit, entering only the CVV code and the amount will do it. This means that you’ll be done with the entire process of uploading funds in your betting site account in seconds.
✅ No Fees to Focus On
Whenever you make a deposit or cash out your winnings with MasterCard, there are no fees that you need to worry about. All the betting sites presented above, as well as all those that are licensed by the UKGC, will not take any fees on your transactions with MasterCard. It may be possible that your bank applies certain fees on the funds you receive, however, that’s a different story altogether.
✅ 100% Safe Betting
Every payment method has its way of protecting their users from possible threats or cybernetic attacks. The betting sites, in turn, have a different system to ensure a safe and secure betting experience for their customers. MasterCard has its customer protection system called SecureCode that adds another layer of security before the transaction is approved. Right before they process the transaction, you see a new window where you have to input a one-time password sent by the bank, usually through SMS.
As you may already know, there is no such thing as the perfect payment method. In one way or another, even the best payment solutions have certain drawbacks. Even though we’d like to consider it perfect, even MasterCard has its flaws. Moreover, since we aim to deliver accurate and complete info, here are the main disadvantages of using MasterCard:
- Not Always Eligible for Withdrawals
- Extra steps in the KYC Procedures
- You Can’t Deposit without Physically Having Your Card with You
❌ Withdrawals Not Always Possible
As you already noticed, there are some types of MasterCard or even entire betting sites where cashing out via MasterCard is not available. That’s one notable downside since it’s very comforting to be able to deposit and cash out using the same method. Sure, you could always go with a different option. However, that means extra checks and effort.
❌ Betting Sites’ KYC Procedures are More Thorough When using MasterCard
If you made at least one withdrawal before, you certainly went through a Know Your Customer procedure. These are standard checks that the regulatory bodies request from betting sites to make sure they know who their customers are. It’s not such a big disadvantage, but it is worth mentioning; when depositing with MasterCard, or any other card, besides the regular ID copy, you will also be asked to send a copy of your card. Again, it’s not that much of a problem. However, you won’t have to do that when depositing with Neteller, for example.
❌ You Can’t Deposit with MasterCard If You Don’t Have the actual Card with You
Some of you will think this is barely a disadvantage, however, consider the situation in which you just found a great betting site and you want to take advantage of an offer that expires soon. The only problem is that you don’t have your wallet with you and can’t make the deposit without the full details on your MasterCard. While some people can memorise all the 16 digits on a MasterCard, remembering a username and password (as you would do with Skrill) is a lot easier.
How to Deposit with MasterCard
- Firstly, access your account by entering the username and password and clicking ‘Log In.’
- After you access the account, locate the ‘Deposit’ button and click it.
- Next, you will see a window with all the available payment options for your account. If you have a MasterCard debit, select it from the list:
- In case you’re depositing with a credit card issued by MasterCard, you should select the ‘Credit/Debit Card’ option: Fill in the details as written on the card as well as the amount you’re willing to deposit: Make sure you entered the correct details as follows:
- Card Number – enter the 16 digits on your MasterCard
- Card Holder Name – your name as written on the card
- Expiry Date – month and date when your MasterCard expires
- CVV – the three-digit code on the back of your MasterCard
Click ‘Deposit’ after you complete all the requested details:
- It’s time to enter the SecureCode that is sent by your bank through SMS.
- Enter the confirmation code and start betting!
How to Obtain a MasterCard
After seeing all the advantages you get by owning a MasterCard, combined with the way it enhances the betting experience, it is normal to want one for yourself. Depending on what type of card you need, there are several ways of getting one.
If you want a debit card signed by MasterCard, then you will have to apply for one at banks in your region. Each bank has its internal procedures when it comes to issuing debit cards. However, the process should be facile. They will most likely require a series of documents such as ID, proof of employment and a financial assessment. Judging by all these documents, they will open an account for you and link a MasterCard to that account.
The process of getting a credit card is similar to the one for getting a MasterCard debit. The only comes from the conditions you have to meet to be eligible for a credit card. Also, there are certain other details such as the APR, fees and such stuff that are better to be handled by the issuing bank.
There are multiple ways you can get a Pre-Paid MasterCard. You can get one online on the MasterCard website or from millions of participating locations around the world. You pay for the card, and that’s it. Don’t forget to activate the MasterCard pre-paid before using. Also, keep in mind that are multiple types of MasterCard pre-paid cards available:
- MasterCard Gift Card
- General Pre-Paid MasterCard
- MasterCard Travel
MasterCard Limits, Fees and Withdrawal Times
In the applied examples of betting sites that are accepting MasterCard for deposits and withdrawals, you could already get some info regarding fees, limits or withdrawal times. However, this section will clearly emphasise each of these attributes on specific betting sites. This way, you have a clear idea of exactly how efficient a MasterCard is.
Deposit Times, Fees & Limits
|Betting Site||Deposit Speed||Fee||Limits MIN/MAX|
|William Hill||Instant||❌||£10 / £ 2,000|
|Betfair||Instant||❌||£10 / £1,000|
|888sport||Instant||❌||£10 / £2,000|
Withdrawal Times, Fees & Limits
|Betting Site||Withdrawal Speed||Fee||Limits MIN/MAX|
|William Hill||Instant||❌||£10 / £ 2,000|
|Betfair||2-5 Working Days – Where Applicable||❌||£10 / £1,000|
|888sport||3-6 Working Days – Where Applicable||❌||£10 / £2,000|
Alternative Payment Methods at Betting Sites
As mentioned earlier, there is no such thing as a perfect payment method. Moreover, if for some reason, you conclude that MasterCard isn’t the right payment option for you, there are certain alternatives you can try. You can either go with some of the competitor cards or a different payment system altogether. The most-used alternatives to MasterCard are:
Keep in mind that no matter which alternative you go with, there are always going to be pros and cons. For example, you can’t use PaySafeCard at all for withdrawals, or PayPal might apply some fees on the funds you receive.
PROS and CONS of MasterCard
- No Fees
- No Bonus Restrictions
- Instant Deposits
- Direct Access to Your Money
- Added Security with MasterCard SecureCode
- Sharing Card Details
- Not a Withdrawal Method by Default
- Up to 6 Day long Withdrawals
What’s the best MasterCard betting site?
MasterCard is accepted at almost every bookmaker listed here on SportsBetting24, so punters have plenty of options to choose from. Our favourites are William Hill and bet365, as these two sportsbooks are renowned for excellence. However, we also understand that the “best” betting site is really subjective, so we’ve put together a list of the 7 best MasterCard betting sites for you to choose from! All you need to do is take your pick, and start building your betting slip.
How do I use MasterCard to make betting site deposits?
If you’ve ever used a VISA or MasterCard to make online payments before, such as with online shopping, then you’ll be pleased to know that the process is virtually identical. If you haven’t done this before, though, then there’s no need to worry, as we’ve prepared an illustrated, step-by-step guide to using MasterCard on betting sites. All you need to do is follow along, and you’ll have no problems at all.
Can I use MasterCard both deposit and withdraw at betting sites?
Technically speaking, the answer here should be “yes“. However, some betting sites accept MasterCard deposits, but not withdrawals. We recommend taking a look at our in-depth, unbiased betting site reviews before committing to a betting site, as we list all the available deposit and withdrawal methods, as well as taking a look into withdrawal times and fees.
What’s the Main Difference Between MasterCard and Visa from a Betting Perspective?
While both cards have similar mechanisms and offer pretty much the same high-quality betting experience, MasterCard has the disadvantage of not always being suitable for withdrawals. You might spot some minor differences when it comes to fees taken by your bank for one card or another as well.