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Sportsbook reviews are priceless. For everything else there is Mastercard. Including depositing and/or withdrawing money at some of the best online sportsbooks. Mastercard is arguably the second-most used method, behind Visa, to fund betting website accounts. This American multinational financial services corporation has existed, under different names, since 1966. It has, in that time, built enough brand recognition and rapport with its customer base. As such, members of that customer base who are also gamblers trust it with their money. As do a number of sportsbooks. Should you trust it as well? Or better put, is it the deposit method that best suits your particular needs? That’s what we’re here to attempt to find out. Let’s start with the pros, shall we?

Online Sportsbooks Accepting MasterCard Deposits:

*Please visit the betting site for restrictions and details.

Pros & Cons for this Betting Deposit Method:

Pros

The brand name Mastercard is a synonym of reliability. When you see those 10 letters arranged in that order, you know it’s a company with 52 years of history and experience. And when you see that logo on a sportsbook, you that sportsbook is kosher enough to have dealings with Mastercard. Now, that’s something money can’t buy. No company has a 100% rate of customer satisfaction. But if Mastercard is good enough for you, then so it’s a Mastercard-backed sportsbook.

Mastercard operates worldwide. That’s good news, especially for bettors who live outside of the United States. Not so much for US residents, though. But let’s not get ahead of ourselves here. Sportsbook reviews are all about pacing after all. Well then. A non-US resident just needs enter appropriate card information. That includes the name on the card. Also, the 3 digit CVV code on the back of the card. When and if the card is approved, the funds will be available instantly in that user’s betting account.

You can also fund a sportsbook account with Mastercard debit cards, prepaid cards, and gift cards. PrePaid MasterCards can be bought Walmart, Walgreens, Target, Rite Aid, and the like. These prepaid cards are one of the most confidential deposit methods. You know, in case you haven’t come out of the gambling closet.

Cons

American citizens don’t have as easy. Why? Because of the Unlawful Internet gambling Enforcement Act (UIGEA) of 2006. UIGEA means it’s illegal to use credit services to fund a sportsbook account. Credit services such as Mastercard. And Visa too, of course. Which is to say, this is not an indictment on the company itself. It’s just a hurdle common to all credit services. Moreover, there are ways around this hurdle. One such way would be to use a third party. For example, Skrill or Neteller. This of course would involve extra steps and extra expenditure. On the other hand, you could see it as an extra layer of security as well.

So why did we say “when and if the card is approved”? It is possible that the card is declined. Should this happen on the first try, don’t grab some scissors and cut your card up. Instead try again. If the problem persists, contact Mastercard customer service.

There is another con that applies to all credit cards. Mastercard will charge the sportsbook a fee for the transactions. Most sportsbooks will pass this on the customer, but will offset it with bonuses. Others, if they are truly gracious, will simply absorb the cost.

Finally, the same circumstances that make it difficult to deposit, make it hard to withdraw with Mastercard. Unless, once again, you reside outside the United States of America.

As far as sportsbook reviews of deposit methods go, Mastercard is pretty much on par with Visa. In fact, it could be said that Mastercard isn’t everywhere you want to be. But for everything else, it will be there for you.

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