Best List of Sportsbooks that accept Credit Cards in 2023
Updated: January 29, 2023
This article is for US bettors wanting to deposit and withdraw with credit cards at offshore betting sites. There are certain sportsbooks that take deposits from credit cards including Visa, MasterCard, Discover, and AMEX. Below we have listed the best Sportsbooks that accept Credit Cards.
Find Offshore Sportsbooks that accept Credit Cards
These offshore Sportsbooks that accept Credit Cards are rated the best overall places to bet and for banking.
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In this article, we’re diving into how credit card betting works and the pros and cons of choosing this method. We’ll compare the processing speed, fees, limitations, and other factors that differentiate cards from other methods.
Keep reading to learn more about credit card betting at offshore sites and whether or not it’s worth it!
What Is Credit Card Betting at Offshore Sites?
Credit card betting is simply using a credit card in your name to place a deposit at an offshore betting site.
Which Offshore Sportsbooks Accept Credit Cards?
Credit cards are widely accepted at offshore sites, although Visa and MasterCard are more commonly accepted than AMEX and Discover.
The following offshore sportsbooks take credit cards as payments in their cashiers:
How to Deposit with Credit Cards
Depositing with a credit card is pretty straightforward at offshore gambling sites.
You simply need to log in to your betting account and head to the cashier.
Once you’re in the cashier, you can choose a credit card method (Visa, MasterCard, etc.) as your preferred deposit choice.
Before you begin, though, make sure that you have sufficient funds in your card account for the deposit you want to make. You should also ensure that you’re the official cardholder of the credit card you’re about to use.
Next, take the following steps:
- Enter your credit card number, CVV, and expiry date
- Enter your desired deposit amount (within the minimum and maximum deposit rules for your betting site)
- Confirm the amount and select “deposit”
- Wait for the funds to process and transfer into your sportsbook account
Pros of Betting with Credit Cards
Consider the following advantages of depositing with credit cards at sportsbooks, compared to other methods.
High Visa/MasterCard Success Rates
When making large deposits at offshore sportsbooks, some gamblers run into the issue of their deposits not clearing. You’re not likely to have this issue with Visa and MasterCard credit card deposits.
Instant Deposits
Another enticing feature of credit card deposits is that they usually process instantly. You can get your funds faster and get to your bonuses and wagers as soon as possible. Conversely, other banking methods can take several hours or days.
Credit Card Bonuses
Occasionally, the top sportsbooks will offer deposit bonuses when you deposit with a certain method. Credit card bonuses are among those methods.
Cons of Betting with Credit Cards
Many people argue that credit card deposits at sportsbooks are more of a hassle than a help. Below are some of the reasons why.
More Limitations
While credit cards have a high transaction success rate at sportsbooks, they also have a lot of limitations. At offshore sites, credit card maximums are likely to be much lower, and minimums are likely to be higher. This means you have a smaller window of amounts you can deposit at once.
Processing Fees
Nearly all types of offshore betting sites impose processing fees on credit card deposits after your first deposit. These can be as high as 5-15% depending on the sportsbook, which can become costly very fast.
Credit Card Issuer Fees
Your card issuer may apply currency conversion fees, gambling transaction fees, and/or interest to sportsbook deposits.
Lack of Anonymity
You also compromise your identity slightly when depositing with cards. Credit cards are tied to your name, your financial information, and your credit file. Players wanting transaction privacy would be better to use money transfer services or Person2Person.
No Withdrawals
You aren’t likely to find a sportsbook that will let you withdraw funds with a credit card. So, if you want to deposit with a card, you’ll have to have a secondary method for payouts.
Sportsbook Alternatives to Credit Card Transactions
While credit cards are a valid option for depositing at most offshore betting sites, they’re not necessarily the most beneficial.And considering you can’t even use them for sportsbook withdrawals, they automatically come with some setbacks.
Cryptocurrencies, money transfers, and prepaid cards are likely to be more private, fee-free, and advantageous.
Check out our list of top Bitcoin sports betting sites which accept Cyrptocurrencies for banking and see the deposit bonuses on offer.
Final Thoughts
When choosing a sportsbook, you should always evaluate the accepted banking methods.
For deposits, credit cards are a widely accepted method that will get the job done.
However, you’re likely to have a more affordable transaction process with fewer limitations if you browse other banking methods.
If you want to try out credit card deposits at offshore betting sites, visit an appropriate sportsbook. Xbet, Bovada, MyBookie, and the other sites on our list are valid options.
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