MasterCard is one of the most widely used credit card brands in the world. It is accepted in hundreds of countries all over the world and ranks among the most popular banking methods for online bookmakers, especially in Australia.
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Best bookmakers for MasterCard betting
The best betting sites around the world all accept MasterCard as a funding option. That includes leading Australia bookies such as:
MasterCard payments will have minimum and maximum deposit limits that are subject to the particular policies of any given bookmaker. Often the minimum deposit is only $10, but this can differ from bookie to bookie. MasterCard credit card betting is totally safe, as licensed online bookmakers care about the security of their gamblers and use 128 Bit SSL (Secure Socket Layer) encryption technology. This means your financial and personal information is safe and secure. Also, the top Australian bookmakers do not share customer data with any third parties.
Making MasterCard deposits at online bookmakers
It is very simple to fund an Australian online betting account using a MasterCard. First and foremost, you have to find an online bookie site that is reputable and legitimate. That is another advantage of using a MasterCard – any bookie that accepts it is most likely a sound one.
Once you sign up and log in at one of our recommended betting sites, depositing funds with MasterCard is a piece of cake:
- Click on the ‘Deposit’ button at the online cashier
- Pick the ‘Debit/Credit Card’ option for the payment method to your account
- Enter basic info such as credit card number, security details, and the amount you want to deposit
- Double-check the information and confirm the transaction
Yet another advantage of using a MasterCard to fund an online bookmaker account is that the process is instant. There are other ways to fund an account at Australian bookmakers, but some of them take days to process. MasterCard transactions take only a moment, so you can start making bets at the site right away.
How to withdraw cash at MasterCard bookies
While there are some bookmakers that accept MasterCard as a withdrawal method – Bet365.com.au is one of them – there are not many. This is because Australian banks have restrictions when it comes to withdrawing funds online with credit/debit cards.
While MasterCard withdrawals might be off the table, several top bookies offer betting cashout cards that allow you to spend direct from your gambling account and get money at ATMs. All online bookmakers support standard bank transfers, while a few still offer cheque payments as well.
Drawbacks to MasterCard betting
Besides the inability to make withdrawals, there are very few points against MasterCard compared to other bookmaker payment methods. Sometimes a bookie will ask you to scan the front and back of your credit card and send over the images, but this mild inconvenience ensures protection against credit card fraud. Otherwise, there is very little to complain about.
MasterCard fees at online bookies
There are no added fees for MasterCard deposits at Australian betting sites. However, some banks will apply a small cash advance fee for the deposit process. Check with your bank to find out if any additional charges apply for online transactions.
About MasterCard credit cards
The Interbank Card Association (ICA) was formed in 1966 by some banks in California. Soon after, several other banks around the nation joined the ICA in order to establish Master Charge: The International Card. The ICA and Eurocard started an alliance in 1968 that allowed the banks in the ICA to have access to Europe and in turn the Eurocard would be accepted, through the ICA network, in America. A year later the First National City Bank joined the ICA and its credit card, the Everything Card, came together with Master Charge in one card. Master Charge: The Interbank Card was renamed MasterCard in 1979 and then in 2006 the name changed yet again to MasterCard Worldwide.
Why should I use MasterCard for bookmaker deposits?
There are several reasons to use MasterCard at Australian bookmakers:
- No transaction fees on deposits
- Accepted at all regulated betting sites in Australia
- Payments processed instantly
- 100% safe and secure online banking
- Trusted brand supported in hundreds of countries
- Generous deposit and withdrawal limits