Advantages and Disadvantages of Mastercard
Before you choose a Mastercard online casino, you’ll need to understand that there are some advantages and disadvantages, which I’d laid out for you here.
Advantages
- High levels of security
- Quick deposits
- Low fees
Disadvantages
- Long withdrawal timelines
- Occasionally not accepted for withdrawals
Depositing with Mastercard:
Have you ever bought anything online? Maybe you’ve hit the Black Friday sales, or maybe you even do your weekly food shopping online. The great thing about depositing with Mastercard is that it’s just like making any other online purchase. Simply head to the cashier section when you’re logged in to your online gambling account, and you’ll be able to select Mastercard and then enter the amount you want to deposit. From there, it’s as easy as entering your card details (card number, expiry date, and the short CVV code on the back), and completing the transaction.
Withdrawing to Mastercard
Withdrawing at Mastercard casinos is just as easy as depositing. If you’ve had a win, you’ll be able to head to the cashier section and choose Mastercard as your withdrawal method. It’s worth remembering that most casinos require you to withdraw to the same method you used for the original deposit, and that’s just a way to protect against money laundering. Most online casinos with Mastercard have a minimum withdrawal amount, which might be around $10 or $20, depending on the casino. After you’ve made the withdrawal request, you’ll need to wait to get your money – more about that later.
There’s a small chance that even if your
online casino
of choice accepts deposits using Mastercard, it might not allow withdrawals. In that case, you’ll most likely need to withdraw using a bank transfer.
Verification Process for Mastercard
Before you can withdraw to your Mastercard, you’ll need to make sure that your online casino account is verified, so you might need to submit ID documents and proof of address. Some online casinos can do this automatically based on the details you give when you sign up, but you should always count on having to verify.
Transaction Times with Mastercard
When you’re playing at an online casino or sportsbook, you’ll want the money to go into your account ASAP, so that you can start wagering! There’s good news if you’re using the best Mastercard online casinos – all transactions should go into your account pretty much instantly, so you’ll be raring to go before you know it.
Withdrawing to Mastercard is a little different, which is why some people choose to rather use a different method like an e-wallet. Depending on the casino, it might take a few hours or a few days for the withdrawal to be approved, and thereafter how long it takes to get the money really depends on the speed of your bank. Sometimes it can be up to 2 – 5 working days. Other bank cards like Visa are similar, but some online gambling sites support lightning-fast Visa withdrawals.
Fees Associated with Mastercard
It’s very rare for an online casino to charge you any fees when you withdraw with Mastercard, but I have come across a few that do this. That said, the fees are usually really low, for example 1% up to just a few dollars, or a flat fee of $2 per withdrawal. Most Mastercard online casinos don’t charge any fees at all, so the full amount of money you’ve withdrawn will be yours to keep.
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Security Measures for Mastercard Transactions
Mastercard is one of the most secure payment methods in the world – and that shouldn’t be surprising at all. These high levels of security carry over to their online gambling partners, as all casinos with Mastercard enter into a security agreement with the brand.
To make any online transactions with Mastercard, you’ll need the full card details including the CVV number at the back of the card, which is an anti-fraud measure. Depending on your bank, you can also set additional methods for example Two-Factor Authentication via your mobile device. Mastercard won’t hold you responsible for fraudulent transactions on your card.
Gaming Sites That Accept Mastercard
If you’re looking for some of the best Mastercard casinos, or come to that, the best
Visa casinos, I’ve made a list of the ones that I think really stand out. This means that you can simply sign up to any one of the
online casinos
featured in the banners of this page, and then use your card to fund some quality gaming.
However, it’s important to note that betting sites will constantly be adjusting which payment methods they accept. So if you can’t see Mastercard among the accepted payment options in your location, you should be able to make secure deposits and withdrawals with one of the alternative payment methods:
Other debit and credit cards
Obviously Mastercard isn’t the only card provider, and most betting sites will let you make your payments with other brands such as Visa, American Express and so on.
You might be able to make your deposits with ewallets such as PayPal, Skrill and Neteller. Perfect for enjoying convenient and fast payments along with the highest levels of security.
Lots of people use prepaid cards like Paysafecard for online casino gaming. After all, you won’t even need to have a bank account to make your payments.
Most online casinos will let you make deposits and withdrawals via an old-fashioned bank transfer. Just note that some bank transfers can be slow to process.
More people are starting to use cryptocurrencies like Bitcoin and Ethereum for their online casino gaming. After all, cryptos let you make your payments without the approval of any banks or financial institutions.
Casino with Mastercard
How to Make a Deposit
The vast majority of reputable online casinos accept Mastercard as one of the
deposit options
(with the exception of some crypto-focused casinos), so you should have no trouble finding a casino that suits you. One thing to keep in mind is that even if a casino accepts Mastercard, that’s not enough to judge whether it’s a good place to gamble. You should also be looking out for things like game variety, a mobile-friendly user experience that might include an app, and attractive welcome bonuses for new players. Be sure to look for all of these things before you create an online casino account.
Conclusion
All online casino payment methods have their pros and cons, but Mastercard definitely leans more towards the positive side. The main reasons to use Mastercard online casinos is because this is a safe and secure payment method, and really convenient to use – if you’ve ever shopped online, you’ll have no trouble depositing with Mastercard. The only real drawback I’ve found is that withdrawals to Mastercards tend to take longer, so you might need to be prepared to wait a few days to get your cold, hard cash.
All online casino payment methods have their pros and cons, but Mastercard definitely leans more towards the positive side. The main reasons to use Mastercard online casinos is because this is a safe and secure payment method, and really convenient to use – if you’ve ever shopped online, you’ll have no trouble depositing with Mastercard. The only real drawback I’ve found is that withdrawals to Mastercards tend to take longer, so you might need to be prepared to wait a few days to get your cold, hard cash.
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FAQs on Mastercard
? Can I use Mastercard for online gambling?
Bank cards like Mastercard are some of the most popular payment methods at online gambling sites! Pretty much every online casino or sportsbook you’ll find will take Mastercard.
?? Which online gambling sites take Mastercard?
Almost all good online gambling sites take Mastercard. Some of our recommendations are Stake.com, Vave, and BC.Game, but there are lots of options out there.
?? Can I pay with credit cards at online casinos?
This totally depends on where you live. Some countries do allow you to deposit at online casinos with credit cards, but others, like the UK, have a ban on
credit card casino
and betting, so you’ll have to use your Mastercard debit card instead.
?? Does Bet365 take Mastercard?
Bet365 does accept Mastercard both for online casino and sports betting deposits and withdrawals. You can also use other methods like Visa and Maestro.
