MasterCard Gambling Sites
MasterCard was founded in the 1960s in California by a consortium of 5 banks in a bid to compete with Bank of America’s credit card facility. Though it got off to a slow start, its branded cards are now issued in over 25,000 banks worldwide. MasterCard is one of the most common credit cards in the world, you probably have one in your wallet.
This article will be focused on MasterCard as a deposit option for your online gambling sites, highlighting some online gambling sites that accept it as a method of payment, the pros, and cons of utilizing MasterCard as a deposit option.
Although not as popular as Visa, MasterCard has low transaction costs, and as such, lots of online gambling sites accept MasterCard credit cards, debit, and prepaid cards.
This method of payment is favored by bettors due to its ease of use and accessibility. However, there are some things to note when using a MasterCard to fund your online gambling account:
- Some online gambling sites will only accept credit cards bearing the same name as the account holder on their platform. Hence, you cannot use a MasterCard to deposit if it’s not issued in the name as the gambling account.
- Using your MasterCard to fund your gambling activities might not be processed as not all banks allow payments from a MasterCard for online gambling. You’d need to check with your financial institution to affirm that your MasterCard is acceptable for online gambling transactions.
Examples of online gambling sites that accept MasterCard as a method of payment are; Wild Casino, SuperSlots, BetOnline, Bovado, BetNow, Betway, Bet365, SportBet, BetEasy, e.t.c.
Pros of Using MasterCard
MasterCard deposits are in most cases instant and are often transaction fee-free, allowing you to get the full value of your deposit. It is easy to use and secure.
All transactions are protected by state-of-the-art technology that uses 128-bit encryption and security protocols and as such are unreadable if the details of the card are ever intercepted. Due to its high level of security, MasterCard also offers anti-fraud and anti-theft protection guaranteeing safety from hackers, identity theft, and all manners of fraud.
It allows players to make deposits of large sums which gives you the opportunity to make big stakes and win big.
Cons of Using MasterCard
The MasterCard as a method of payment can only be used for deposits as you cannot make withdrawals to your card. You’d be required to use an alternative for withdrawals when using MasterCard for deposits on your online gambling accounts.
As earlier mentioned, your transactions might not be processed as not all banks allow the use of MasterCard to fund online gambling accounts.
MasterCard as a method of payment on online betting sites is growing a lot more popular across the world. If you are looking to exploit the high-value welcome bonus offered by most online gambling websites, this method is your best bet as it allows for large sum deposits. While it doesn’t allow for withdrawals to your card, your registered bank account can be used to receive your winnings.