Mastercard Betting
With Mastercard you can deposit money easy and fast and start betting right away.
Best Mastercard Betting Sites
- Best for Horse Racing Betting
- Racing Live Streams
- High Odds
Bookmakers to Bet on Mastercard
We have researched and compiled a list of some of the best betting sites that offer Mastercard as a method of payment in South Africa. This list can guide you when staking in a sport of your choice as most have been tested and tried by our team of researchers.
Betway
This is an online betting site where punters can boost multi-bet winning by up to 700%. The bookmaker is considered one of the most best betting sites in South Africa. They have an app that is data free therefore punters do not need to spend a cent on data. Betway offers live match betting, and customers are offered welcome bonuses. The fact that Betway is a certified bookmaker that has a variety of payment methods including Mastercard is a clear reason why it is a popular betting site among bookies in South Africa. The bookmaker in addition has one of the largest sportsbooks to pick from, making it a bookies’ paradise.
Hollywoodbets
With over 20 years in the South African betting industry, this bookmaker remains clear and precise with what it does- simple and secure. They realized that most bookmakers have complex mobile and computer platforms and decided to make it as easy for their punters to navigate and developed sleek and easy-to-use platforms. With Hollywoodbets, new customers an R25 signup bonus that does not need a deposit to be activated. This bookmaker accepts Mastercard as a payment method and therefore would be worth staking your money with.
SportingBet
Having been in the gambling industry since 1997, this punter makes betting all about the customer. We say this because the bookie offers an amazing welcome bonus, ongoing promotions, and the biggest online sportsbook to choose from. The bookmaker has an interactive website that is easy to use, sign up and sign in, place bets, and access all the markets. Sportingbet has a wide range of options to select from and has developed special odds for leagues and tournaments. If you are prepared to stake with an experienced bookie, then make Sporting bet your Mastercard betting site.
How does Mastercard work
A transaction involves a few parties that are a merchant (a bookmarker in this example), the Bank acquirer (your respective bank where you got the card from), the account holder (that is you as a punter), and the payment itself. The whole process can be summarized in 3 simple steps as follows;
- An account holder who owns a master card Uses it to make a purchase from, a merchant (that is to make a deposit in your respective sportsbook in this case).
- The transaction is then authorized, where your bank pays the transaction cost to the merchant.
- The account holder is charged the transaction cost and the whole process is complete. Mastercard facilitates transactions in more than 210 countries, therefore, handling more than 160 currencies worldwide.
Is Mastercard safe and secure for betting
When it comes to money all punters are concerned about one thing- Is my money safe? Well, worry not because Mastercard is a very secure payment method especially for South African punters reason being it works with certified bookmarkers. This makes sure that the odds of losing money to scammers is 0% making it 100% safe for South African players to use it for not only deposits but withdrawals as well. The company employs sophisticated online encryption, leaving no loopholes for hacking.
Pros for using Mastercard
- The deposits by credit card are prompt
- Customer support is instant
- The deposit limit with Mastercard is higher
- The convenience and ease of use are immeasurable
Cons for using Mastercard
- You have to pay transactional fees
- Some banks may delay or reject certain transactions
Does Mastercard have an app option
Mastercard developed an app for both Android and iPhone users who can enjoy great service. It has a Mastercard face that makes it fun for users to use. It is easy to navigate and understand. The app is secure and so is your money including your data as a client is safe
How to Deposit with Mastercard
When it comes to placing a bet the worst situation to be in is struggling to deposit with an unresponsive payment method. Considering the popularity, security, and efficiency that Mastercard offers this is a situation you will never find yourself in as many bookmakers accept Mastercard.
Step-by-step guide on Depositing using Mastercard
- Choose any bookie that accepts Mastercard as a payment method, make sure that you have signed up, and proceed to the deposit section.
- Choose the deposit Option and select Mastercard as an option for payment.
- After that they will require your card details, fill them in plus payment details
- Finally enter the desired amount that you would want to deposit.
How to withdraw with Mastercard
The ease in withdrawal of your winnings is another factor that makes using Mastercard a reliable payment method in South Africa. The fact that Mastercard is connected to your bank account makes it an easy bank transaction.
Here is a Step by step guide to withdrawing using Mastercard.
- Login into your respective sport-book account
- Select the withdrawal option and choose Mastercard, enter the amount you wish to withdraw.
- Be sure to enter the correct bank and card details for verification.
- The money will then be transferred to the linked bank account.
FAQs
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Elizabeth Marole is responsible for content on BettingGuide ZA. She has prior experience as a math teacher and plays poker professionally when not writing for BettingGuide. Please contact her for any inquiries regarding gambling in South Africa.
