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    MasterCard Betting Sites

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    MasterCard Betting Sites 2024

    MasterCards are available at most major Australian betting sites. Using a MasterCard is very popular and widely accepted for all online payments and is particularly convenient for making fast deposits into your betting account. 

    In this overview, we take a closer look at MasterCard - why you should consider using it, how to use them and what the pros and cons are. 

    We will also answer your most frequently asked questions so keep reading before you decide on a payment method that is right for your specific betting needs. 

    Top MasterCard Betting Sites In Australia

    If you would like more insight on which bookmakers are better than the rest, have a look at our list of recommended, licenced, regulated and secure betting sites listed above on this page.

    More About MasterCard

    You simply can’t go wrong when you choose MasterCard as your preferred payment option. Commonly used to fund betting accounts, it is also available to withdraw your winnings.  

    MasterCard is a globally recognised brand and trusted by billions worldwide. There are very few bookmakers that do not accept either or both of these cards. 

    MasterCard is an American multinational corporation that was founded in 1966 and has its headquarters based in New York, USA. 

    Today, this popular method is widely accepted by all merchants, shops, retailers, petrol stations, for online payments, and also for sports and racing betting online.

    Why You Should Use MasterCard

    A credit/debit card is probably the most convenient method of payment to use. Besides the fact that it is widely accepted on all betting sites, card payment is instant and punters can place that pressing bet in seconds.

    You may be on the fence about how to fund your betting account. When settling on a payment option that is right for you, ask yourself a few important questions:

    How secure is it? Adequate measures should be in place to safeguard your personal and banking information. Look for a payment method that is secured with an SSL and uses software encryption technology. 

    What will it cost? Choosing a payment method with high withdrawal and deposit fees will greatly reduce your potential payout. Be sure to know what your chosen method charges for using its service.
     
    How versatile is it? You need to know if your payment method can be used for both withdrawing from and depositing to your betting account. You can always use one payment method to deposit and another to cash out, as long as it suits your needs. 

    What are the restrictions? Some payment methods have a min/max amount you can transfer at any given time. Ask what those restrictions are per payment, per day, per week and per month. Some cards do not allow card payments online for betting purposes, so just clarify with your card provider before you try and use it for online betting.

    Will it influence my referral/welcome bonus? You may have chosen a payment method that will cost you your welcome offer. Be sure to choose an option that gives you the most bang for your buck. Making use of some payment methods may even give you added cash benefits!

    How fast is it? When betting online, you don’t want to wait for days before funds reach your betting account. Find out what the processing times are for both depositing and withdrawing funds to avoid disappointment.

    MasterCard payment options tick all the right boxes and are always a popular choice when funding betting accounts worldwide. It’s fast, safe, convenient and widely accepted at Australian betting sites.

    MasterCard Safety & Security

    MasterCard takes all measures to ensure its users can safely use it as a payment method online. Unfortunately, there are always hackers and card fraudsters lurking, which means you can only be as safe as the betting site you choose to bet with. 

    Your personal information as well as your banking details need to be safe from third parties. As a punter, you want to bet with peace of mind, with the knowledge that your funds will be right where you left them the next time you want to bet online.

    When you use MasterCard as a payment method, you can’t help but feel vulnerable, as many people have lost thousands when their card details get copied and used without their consent. 

    NewBettingSites only recommends sports betting sites that can be trusted, has SSL security and is equipped with the best software encryption technology available for today’s modern online betting enthusiasts. 

    MasterCard Pros And Cons

    All payment methods have their pros and cons, and the same applies to MasterCard. Here are the advantages and disadvantages we would like to point out:

    Pros:

    • Instant deposits
    • Convenient
    • High deposit limits
    • Widely accepted at Aussie bookmakers
    • Fast & safe gambling
    • Reputable brands
    • Cost-effective

    Cons:

    • High fees when using overdraft facilities 
    • A measure of risk involved by disclosing card details online
    • Not anonymous
    • Withdrawals can take between 2-5 days

    MasterCard Fees And Processing Times

    Using your MasterCard purely as a payment method can be very cost-effective, especially if you do not use the credit funds offered by the institution. 

    Make sure you always bet with available money that is your own and don’t make debt to bet on sports betting sites. The fees and interest incurred are just not worth it. 

    Most MasterCards usually have an annual fee connected to making use of its services and do not charge an additional fee when making purchases online. 

    You should note that some card providers may charge a small fee whenever you make deposits for betting on sports and racing online, so be sure to double-check with your financial institution before making your deposit. 

    Banks That Issue MasterCard

    Most, if not all banks across Australia and New Zealand will offer a card service, which is usually either MasterCard. Talk to your bank today and have a credit/debit card linked to your account, or open an account with MasterCard directly.

    How To Deposit At MasterCard Betting Sites

    Use your debit or credit card and be ready to bet in seconds. Making use of your MasterCard to deposit funds is one of the easiest of all payment options available. Follow our step-by-step guide below if you need some help: 

    • Step 1: Have your MasterCard credit/debit card at hand as you would need the card details to make your deposit.
    • Step 2: Sign in to your account with your chosen bookmaker.
    • Step 3: Go to the deposit section, usually prominently marked on the website. 
    • Step 4: Choose MasterCard as your primary payment option and insert the card details as displayed on the front of your card. 
    • Step 5: Insert the CCV number (last 3 numbers on the back of your card) and confirm your payment to start betting. 

    Your funds will be available as soon as you have confirmed your payment. Never disclose your card details to a third party and keep your MasterCard safe at all times. 

    Alternatives To Using MasterCard

    You may not have a MasterCard credit/debit card, and that should not stop you from betting online. Have a look at a few alternatives below and choose a payment method that is right for you: 

    Neteller

    Neteller is a quick, safe, anonymous and trusted e-wallet payment option that is an increasingly common payment method for Aussie punters who love online betting.

    PayPal

    One of the most popular e-wallet options to use for both withdrawals and deposits. All PayPal payments are secure, fast, widely available and 100% safe to use. 

    BPay

    A good option to have funds transferred from your bank account directly into your betting account. BPay is linked to over 150 banks across Australia.

    Skrill

    Another safe and easy e-wallet alternative to using bank details or credit/debit cards. Skrill offers various features (like the One-Tap option and the Knect loyalty program) which makes it very attractive to consider using.  

    POLi

    A great option if you don’t have a credit/debit card. Your deposit will reflect instantaneously and users do not need to pre-register with POLi to make use of it. 

    Apple Pay

    Are you an Apple customer? Use your iOS device to deposit funds via Apple Pay (using either your fingerprint or face recognition technology) instantly. 

    Verdict: MasterCard Betting Sites

    MasterCard are commonly found in the wallets of every Australian today. Moreover, it is maybe the most popular payment method used worldwide. Using your MasterCard for online betting is safe, easy, cost-effective and very convenient.

    These two well-established brands can be highly recommended to use on our recommended betting sites for all your sports betting or racing betting deposits and withdrawals. 

    MasterCard Betting Sites FAQs

    How do I choose the payment method that is right for me?

    Always ask about fees, safety, flexibility, limitations and speed of payment processing. Some payment methods also make you forfeit any promotional offers there may be so be wary of that when choosing a method that will suit your needs.

    Where can I obtain a MasterCard?

    Enquire at your bank on how to apply for a MasterCard as all banks will have that option if you have an account with them in well standing. Should you not want a card with an overdraft limit, you can always opt for a debit card that just needs to be activated for online payments.

    Are MasterCard deposits instant?

    Yes, this is what makes this such a popular payment to choose for online betting. When you deposit funds from your MasterCard or debit card, the funds should reflect in your betting account instantly.

    Can I withdraw from my betting account using MasterCard?

    What makes this payment option so versatile is the fact that it can be utilised for both deposits and withdrawals. Depending on which bank you are with, there may be a waiting period for a cash-out to reflect in your banking account.

    Is it safe to use MasterCard?

    Yes, MasterCard is a secure and safe method of payment and is widely used for all online payments, including betting. Always be sure to choose a reputable brand to bet with as this is the safest way to bet on sports and racing online.

    What are the deposit limits when using MasterCard?

    You will find that this will differ from one Australian online bookie to another. The deposit thresholds will usually vary between a minimum of $5 to $20 and a maximum of $500 to 1000.

    How much does it cost to use MasterCard?

    Other than your usual banking fees, there are no additional costs charged by your chosen bookmaker when using a MasterCard. Ask your bank about fees associated with betting to be sure there are no extra fees when using your card for betting online.

    Can I bet online without giving any card details?

    Yes, you can. There are many other payment options where you do not have to use banking or card details, such as various e-wallets, prepaid cash cards or prepaid vouchers for example.

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