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As a global pioneer in payment innovation, Mastercard offers a reliable and trusted way of funding your sportsbook account. Before you register and play, read our coverage of the best Mastercard betting sites. In our review, you can learn about:
- Safety and security
- Guide on how to complete your payments
- Recommended Mastercard betting sites
Established in 1966, MasterCard was initially introduced as a consumer payment option. Its principal business model is to facilitate payments between the banks of the operators and the banks of customers that issue credit or debit cards that carry the logo ‘Mastercard’. The company does not directly offer credit and debit cards to customers. Instead, interested parties who want to use the mastercard option will apply for an account in one of the partner banks that are authorized to issue the cards. Mastercard primarily generates its revenues from the fees charged for the use of the cards when completing payments online. Before its Initial Public Offering in 2006, the company counted more than 25,000 financial institutions that issue their branded cards.
As one of the global leaders in payments, all payments transactions involving Mastercard are safe and secure. The transactions comply with the requirements of the Payment Card Industry (PCI) for data security. The Mastercard payment network also uses 128-bit encryption technology to ensure the privacy of all information exchanged between platforms. This is the same technology that’s used by major banks around the world.
How to Bet With a Mastercard on Betting Sites
Online betting with Mastercard is convenient, you can pay anywhere and anytime for your sports betting needs. To start betting on Mastercard betting sites, you need to register for an account. In a licensed Mastercard sportsbook, simply click ‘Register’ and complete the sign-up process. As part of the registration process, you need to confirm your account before you can fully use it to bet on sports. Once all completed, deposit money and you are ready to place real money bets!
How to Deposit on Betting Sites With Mastercard
Mastercard offers a trusted way to fund your Mastercard sports betting account. First, you need to find the bookmaker that best caters to your betting needs. We offer you a list of our recommended Mastercard betting sites. To deposit funds to your account, just select ‘Deposit’ and click on the logo of ‘Mastercard’. The system will prompt you to submit the amount you want to transfer and other relevant payment details.
Once you confirm the transaction, the betting site will process your request. Most deposit transactions in Mastercard betting sites are processed within 3 days. The waiting time may be longer compared to other sportsbooks but with Mastercard, you can count on a fully secure and encrypted transaction. Furthermore, all Mastercard bookmaker sites that we include on this page are fully licensed and reputable.
How to Withdraw on Betting Sites With Mastercard
To withdraw funds, simply visit the ‘Cashier’ section and review your account. Make sure that your Mastercard is already linked with the sportsbook. If not, just follow the operator’s instructions to link the card to your account.
For withdrawal, just proceed to ‘Cashier’ and press the ‘Withdraw’ button and choose Mastercard as your desired payment option. You will be presented with several blank fields where you need to provide your personal information and the amount you want to withdraw. After reviewing your request, just click ‘Submit’ and wait for your funds. On most Mastercard betting sites, withdrawals can take anywhere from 3 to 5 days.
If you’re requesting for the first time, the processing time is longer. First-time customers who request withdrawal will undergo the Know Your Customer (KYC) process. During this process, the operator verifies your personal details like name, address, and proof of billing. This is a one-time process that will not be required during the next withdrawal transactions. KYC is a standard process, and it’s part of the security measures of every sportsbook to prevent any kind of fraud.
Are Bookmakers That Use Mastercard Safe?
On our list of recommended Mastercard bookmakers, players are in a safe and secure environment. We review and compare bookmakers based on their reputation, banking policy, sports and betting markets, as well as security before we include them in our list. If you have any questions or concerns you may email the bookmakers Support Team. Communicating with the representative of the sportsbook is free and you can do it anytime.
Which betting sites accept Mastercard?
Either if you are new to sports betting or a veteran, you can use our recommended list of Mastercard betting sites. We have reviewed and listed the most reputable betting sites that accept Mastercard.
How do I use Mastercard on betting sites?
After signing up for an account with a sportsbook, you are ready to deposit with Mastercard to your account. Once your betting account has been confirmed, you can enjoy Mastercard cricket betting and other sports betting services. If any issues arise, please check that your card settings are set to accept online transactions.
Why should I use Mastercard on betting sites?
As a leading payment option, Mastercard offers a fast and secure way of completing payments. It’s widely accepted among top-tier Mastercard betting sites and your funds are credited in 1 to 3 days.
What are the best betting sites for Mastercard?
You can check out our list of recommended Mastercard betting sites. We feature only the sites that provide the best player experience with safety and security among key parameters.
As one of the largest card processors, Mastercard is a great option for sports betting. It is easy to use, boasts cutting-edge security features, and widely available. Although Mastercard is not the fastest payment processor for sports betting, it’s still a highly recommended banking option. Together with Visa and bank transfer, Mastercard is globally available and it’s open to the majority of players who want to bet and play online. If you want complete access to all the leading sportsbooks in the business, then you can’t go wrong with Mastercard!