Depositing with MasterCard
MasterCard is one of the most popular ways of depositing into a UK betting account and every online sports betting site offers the possibility to top up funds using this method.
This electronic payment method is extremely popular due to the fact a high number of players have access to a MasterCard and it’s quick and easy to make a deposit and begin betting.
When you open a betting account, you are likely to asked for your preferred deposit method and it is possible to save MasterCard as a default option, so you won’t need to submit all of your details every time you wish to top up your balance.
Advantages and Disadvantages of Using MasterCard
One of the many advantages of using MasterCard is the familiarity and it acts in much the same way of paying for goods in a shop. Details can be inputted in a matter of seconds and the money will arrive in your betting account immediately. There are also extremely high limits available with this method and it enables big punters to fund their accounts lavishly without having to split the amounts up.
It is possible to move money from betting accounts to banking accounts very easily and MasterCard is a very secure way of depositing. Some banks may block the transaction if they are suspicious however cases such as this are few and far between.
Some fees may apply when depositing via MasterCard, but these are usually from the bank as opposed to the sportsbook itself.
How to Deposit with MasterCard
When signing up for an account, it is easy to input MasterCard details and the online betting site will give you the option to save these for next time. Users must enter the name (as displayed on the card), number, expiry date and the security code found on the back which doesn’t take long and many people already know them off by heart!
Once this is completed, simply enter the amount you’d like to deposit. There are a number of pre-determined options such as £20 and £40 listed on the site but anything above the minimum deposit is perfectly acceptable.
Depositing with MasterCard is perfectly safe and secure and many UK online betting sites are constantly striving to improve their safety procedures each and every month. Any breach of data would be a PR disaster so it’s in their best interest to ensure your details are safe and secure.
Some bookmakers will even reward customers who deposit via MasterCard and offer regular incentives to players who regularly fund accounts using this method.
Withdrawing using MasterCard
It is possible to withdraw using MasterCard without incurring any additional fees and large amounts can be removed from betting accounts via this method. It is quick and easy to do so and will simply require players to enter the amount they’d like to remove.
Even if you haven’t made a deposit with this method, the majority of bookmakers will allow withdrawals to be made into a MasterCard account. Transactions usually take between three and five days to fully process.