Best Mastercard Betting Sites for April 2024

Mastercard is an electronic payment card that you can use to bet at your favorite sportsbooks. It's also the second-largest payment network, after Visa, that allows electronic transfers between your bank and online betting sites.

There are many reasons to use Mastercard as your preferred payment method. First of all, it's versatile: it comes as a debit, credit, prepaid, and gift card. Secondly, Mastercard provides quick deposits. And lastly, if you use prepaid or gift cards while placing your bets, you'll keep your anonymity.

All sports betting sites that accept Mastercard as one of their payment methods must be licensed and regulated by the gambling authority body of the state they operate in. That said, look for the stamp of the gambling authority body, like the Colorado Limited Gaming Control Commission, the New Jersey Division of Gaming Enforcement, or the Pennsylvania Gaming Control Board before signing up.

To make a deposit on Mastercard sportsbooks bookmakers, you'll need to do the following:

Log Into Your Account and Enter the Cashier Section

Tap on the Deposit button and select Mastercard. Enter the deposit details—the amount you wish to deposit, the card's CVV2, and the expiration date. Make sure that your billing address matches your Mastercard statement.

If you deposit on BetMGM, the funds will be available in your account in less than a minute.

We already went through the steps you need to create an account on a site that accepts Mastercard. Now, let’s see what you need to open an account with Mastercard so you can link it to your preferred sportsbook.

Step 1: Go to Mastercard’s Website and Fill in the Registration Form

Enter your name, email address, and password. Make sure your password has a minimum of 6 characters. Tap the Join Now button to complete the registration process.

Step 2: Enter Your Card Number to Verify Your Account

The whole process may take between 1 and 2 minutes. Once you've created and verified your account, choose a bookie to bet on. Remember that when you use Mastercard as your payment method on sportsbooks, they have the right to perform soft credit checks to avoid money laundering.

However, unlike hard credit checks, these inquiries won't damage your credit report. You'll also be able to link more than one sportsbook account with your Mastercard debit card, as long as you're using the same bank. However, you won't be allowed to connect your debit card account with your credit card account.

To request a withdrawal through Mastercard on a US-friendly sportsbook, you must do the following:

You must also request payments using the same currency you used to make a deposit. BetMGM doesn’t impose withdrawal fees; however, you can’t cash out your bonus bets.

To claim bonuses, you'll have to fulfill specific wagering requirements. For example, you must wager on games with odds greater than -300 to claim the maximum bonus amount.

Occasionally you may also need to wager the bonus amount more than once before withdrawing winnings, but this is an unusual term and we always mention it in our reviews.

Not all bets will count toward the bonuses. For example, you won't be able to bet on in-state college teams and athletes. Not all bookies will allow you to place prop bets on college sports or request withdrawals using Mastercard credit cards.

Regarding bonus bets, some bookmakers won’t allow you to split them into multiple bets, use them on teasers, or cash them out. These terms will all be clearly stated in the bonus terms and conditions.

All bonuses come with specific winning caps and time limits. For example, DraftKings' bonus must not exceed $1,000, and you must meet the play-through requirements within 90 days. If you fail to meet the wagering requirements during the set time limit, the bonus will expire.

Sports betting is illegal in Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Missouri, Oklahoma, South Carolina, Texas and Utah. Meaning if you're located in one of the mentioned states, you won't be able to create an account on legal sportsbooks.

Some might suggest trying to use a VPN. However, we wouldn't recommend it since most bookies use VPN detection tools and it can land you in a lot of trouble if you get caught.

Only sign up with reputable sites that are licensed and regulated by the gambling authority bodies of the state they operate in. Look for the stamp of your state's gambling commission. We always include this information in our reviews, so that you don't have to search for it.

You should also bet on sites that offer multiple customer support channels, from 24/7 live chat to email and phone support. Finally, look for sportsbooks with several safety measures, such as Two Factor Authentication and SSL encryption.

Payouts with Mastercard take between 1 and 3 days. However, not all bookies will allow you to make withdrawals using Mastercard, some may allow you only to use debit cards.

For those that allow it, Mastercard withdrawals come with minimum and maximum limits that usually range between $20 and $25,000. If you use Mastercard to make a deposit, you must also use it as your withdrawal method, and it must be in the same currency to avoid fees.

Unlike withdrawals, Mastercard deposits are instant, while their minimum and maximum limits go between $10 and $10,000 per transaction, depending on the sportsbook. You can use Mastercard debit, credit, prepaid, and gift cards to make deposits.

You can use Mastercard to bet on any major North American or international sport, except college sports. Namely, not all states allow betting on in-state college teams; this includes CT, IL, NJ, and NY. Furthermore, some states don't allow placing college team prop and college player prop bets.

Look for sports betting sites that accept Mastercard and have a good selection of at least 15 sports, including your favorites.

You'll find numerous types of promotions on Mastercard bookmakers, such as welcome deals, referral bonuses, and bonuses on losses. All promos come with specific conditions you must fulfill, such as wagering requirements and minimum odds.

Check out the Bonus Policy section to determine which sports count toward the bonuses, the time limits, and the minimum deposit requirements.

Most sportsbooks won't charge you transactional fees when using Mastercard. However, this may not be the case certain banks. Your bank may impose fees for deposits in the form of cash advances.

Look out for bookies that impose fees on dormant accounts. You can minimize these fees by participating in loyalty programs.

In your search for the best Mastercard bookmakers pay attention to the experiences of other users. That way, you'll know exactly what to expect. Check the user rating of the sites you plan to bet on and read the reviews. That way, you'll see which issues other bettors encounter most often and try to avoid them.

Opt for mobile-optimized platforms and sportsbooks with dedicated iOS and Android apps. This will make the payment process more convenient, and you'll be able to bet on the go.

The last thing you need to pay attention to is the Cashier Policy and T&C sections. In the Cashier Policy tab, you'll find out all about specific limits since all sports come with different payout caps. For example, DraftKings caps soccer winnings at $500,000, basketball at $1,000,000, ice hockey at $250,000, and tennis at $150,000.

You should also read the T&C section to find out the details related to eligibility, restrictions, refund policy, account issues, privacy policy, and more.

You can use Mastercard to bet on domestic and international soccer leagues and events, such as the MLS, the Premier League, Bundesliga, and Serie A. Mastercard friendly sites also offer soccer-related bonuses such as bonus bets, and some of them are partnered with well-known soccer teams.

Baseball enthusiasts can use Mastercard to bet on both American and National leagues, including international leagues, such as Japan NBP and Korea KBO. You can also claim bet boosts, early payouts on MLB, and multi-sport parlay bonuses.

On top of that, you can create the same game parlays by combining multiple sports markets while watching your favorite teams through live streams.

Visa offers an almost identical payment service to Mastercard and is just as widely available at US sportsbooks. Just like Mastercard, you'll find that Visa has high transaction limits, no fees, and is available to use with most bonuses.

Check out our guide to Visa sports betting sites.

PayPal offers safer transactions, compared to credit and debit cards, since you won't have to share your bank information with the sportsbook. It utilizes end-to-end encryption and a one-time-use security key. On top of that, PayPal withdrawals are typically much faster.

Check out our guide to PayPal sports betting sites.

Venmo deposits and withdrawals come with zero fees, which gives it an advantage over Mastercard. Plus, you can purchase a Venmo debit card issued by Mastercard to transfer the funds directly from your sportsbook account.

This is another payment method that's safe to use since it acts as an intermediary between debit and credit cards and sportsbooks. Apple Pay also allows you to save a maximum of 12 cards. The only downside is that you can’t use it for withdrawals.

Responsible gambling is a crucial aspect of the gaming industry, and several organizations and charities are working tirelessly to promote safe and responsible gambling practices. In this table, we have compiled some of the top responsible gambling organizations and charities in the US that are committed to helping individuals and families affected by problem gambling.