Using your credit card to deposit into any online betting company is one of the most popular way to pay on your account. This is not a secret that today even children have their own credit cards. Credit cards are considered to be highly beneficial in contemporary life, since they are simple to receive from bank and utilize.
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With so many credit and debit card gambling sites available, it’s sometimes a tricky option for bettors.
The fact is that, while there are other users who are already looking for sites where they accept PayPal , Neteller or Skrill, many others are going to continue looking for places to pay with credit or debit cards.
How to Use Your Credit Card for Gambling
Using credit card to get started with online gambling is a fairly simple process. Operators go to great lengths to ensure that they accept the greatest number of payment methods possible, so if you’re using a credit card issued by a major processor like Visa or MasterCard, you should find your card accepted virtually everywhere.
If you want to use credit card to deposit your betting account, your card has to be legal and valid, consisting of 16 number, for example:
1234 5678 9123 4567
In any case, you’ll be asked for some specific information about you and your card. The main points are:
Your Full Name: Must be spelled out exactly as it is spelled on your card.
Your e-mail: this is for you to get a receipt from betting site about a payment by the credit card.
Credit Card Number: 16 numbers that we have given an example above.
Expiration Date: write the last day, when you are able to utilize the card. This information is avaliable on the card.
CCV Code: A 3-digit number found on the back of the card.
The advantages of credit card payment
Speed of transactions: with the use of a credit card the transaction should not take more than 24 hours to complete.
Safety and Availability: credit card will be trusted by any e-commerce website, retailer or bookmaker, so virtually every betting site accepts this payment method.
Cost: commissions are rarely charged, unlike other payment methods.
Ease of use: this is really not complicated to utilize a credit card of any type. Nowadays almost everybody possesses it, since this item is extremely beneficial.
Bonuses: many banks offer different bonus perks to their clients. For example, if you put $100 on your account, your bank will give some percents back on your account.
The disadvantages of credit card payment
Although today it is highly unlikely, there is a possibility that hackers will steal your card information when you enter the data online. Your card details can also be saved by the betting company, so there is the same risk if a breach of their cybersecurity occurs.
Best Credit Card Betting Sites
Betway – this betting site has a reach history and extremely spread at all the continents. Moreover, the great afvantage is that BetWay is packed with many lines with different kinds of sport. Football, basketball, cricket, MMA, soccer, volleyball lovers will find what to bet on. And not only.
22Bet is also fully supported by all the credit cards. You may put money on your account from almost any one. The one more essential point is 22Bet casino. It attracts many people, since it is easy to use and looks stunning.
Marathonbet is highly popular among european bettors. This is easy to find out how to use the navigation of the site, the line is completely wide and also you may pay and withdraw with the use of the credit card.
Can I use prepaid cards to bet online?
You can, many online bookmakers and casinos accept prepaid cards and some even offer bonuses related to this form of payment. Remember that in this type of cards you are the one who loads the funds.
Credit card betting sites: are there any credit card promo codes?
Online casinos and sports betting houses tend to generate new promotions, in which it may sometimes be necessary to enter a promotional code. In case you are looking for a promotion code that accepts a credit card, you can choose it if it convinces you.
It’s worth remembering how important it is to verify the key terms and conditions in each promotion.
Ancient history of credit and debit cards
Today we all know what a credit or debit card is, and how it works. You can buy almost anything, both physically and online. Its size is 85.60 x 53.98 mm.
They are all the same, which makes it easy for everyone to keep them in their wallet, regardless of whether they are from one or the other entity. Cards that in the beginning seemed magical and are now something everyday.
As we can imagine, in the past it was not the same. In the times of Classical Greece, credit and credit purchases already existed, but it was not until the 20th century that it became something simple and comfortable, something essential to popularize a form of payment.
In 1914 the first payment card appeared, which was issued by Western Union, which facilitated payment to its customers at its establishments.
It did not take many companies to follow this example, although they were cards that only, as we say, can be used in the establishments of the companies that issued these cards.
1949, an important date
In 1949, what was the first credit card with a more global vision and that made payment possible in various establishments appeared. She was created by Frank X. McNamara, when in a restaurant conversation about a customer’s lack of credit, she wasn’t carrying her wallet.
This embarrassing situation caused him to call his wife to bring her the money and be able to pay for dinner, so it was an idea to work on creating a credit card that would be valid in many establishments.
Do online gambling sites charge fees for using a credit card?
Most of them don’t, which is great news. However, there are a few that do, so it’s worth knowing what they are. When you make a deposit, find out about the corresponding fees before confirming the transaction.
Will I be charged with a debit card at online gambling sites?
There are no charges when depositing or withdrawing using debit cards. For this reason, debit cards are a very common option to deposit money or collect winnings from an online casino or bookmaker.
Is it safe to use my debit card to bet online?
If you play on trusted and safe sites, yes. Player safety is important to all major betting sites. Make sure that the websites you access meet all the security requirements and protocols.
Can I withdraw money with a credit card?
Yes. The fact is that some bookmakers will only allow you to withdraw the exact amount that has been deposited. Withdrawing your funds using a credit or debit card is one of the most common options.
Can I withdraw my winnings to my debit card?
Yes, you will be able to withdraw any kind of profit to your debit card.
However, in case you have more than one debit card attached to your account, make sure that the deposits and withdrawals match at least for the compliance of the fraud and money laundering measures that the online bookmaker has.
To sum up, we have provided you with quite enough amount of information. Credit cards are not something new for contermporary people, but they still are highly convinient and you may use your own, if you have a desire to bet on any kind of sport. This paying method seems to be a great one, although it is not ideal and has some drawbacks.