Mastercard is recognized and trusted around the world as one of the main payment methods for online sports betting. There’s a number of reputable Mastercard sports betting sites available in Canada for you to use while betting on all your favourite sports.
Below, we’ve compiled the top Mastercard betting sites into one place so you can find the oddsmaker that’s right for you. We’ve also highlighted the banking process associated with Mastercard betting, as well as the pros and cons of this wagering method compared to others.
Top 5 Mastercard Sportsbooks Reviewed
If you’re looking to place a bet using your Mastercard credit card, be sure to consider these top sportsbooks for your next wager. Each of the Mastercard betting sites featured below have been evaluated for their easy-to-use deposit/withdrawal system, as well as their unique sports betting features.
Sports Interaction
Easily the best Mastercard sportsbook in Canada, Sports Interaction has something for everyone to enjoy. From a plethora of sports betting markets, to numbers of secure payment options including Mastercard, Sports Interaction is the complete package sportsbook.
When loading your account with funds, select your account at the top of the screen and select deposit. From here, you’ll be provided with multiple banking options. From here select “debit/credit”.
Once you’ve chosen this banking option, you’ll need to enter your Mastercard details such as the card number, expiry date, and CVV. The minimum deposit amount with Mastercard is $10, with the maximum being $10,000. Once you’ve entered all the required details for your deposit, you’ll be off to the races in your Mastercard betting experience at Sports Interaction.
BetVictor
A top destination for sports betting with Mastercard, BetVictor makes placing wagers on your favourite sport a thrilling experience. BetVictor allows you to deposit and withdraw using Mastercard on their desktop site, as well as their mobile app.
To start online sports betting with BetVictor, select the “deposit” option at the top of the screen to load your account with funds. From here, select the option displaying the Mastercard logo to make your deposit, and enter all of the applicable card details needed to complete your sportsbook deposit. The lowest Mastercard deposit allowed is $10 and the maximum is $50,000.
Once your transaction is complete, your account will instantly have funds added and you’d be ready to start online sports betting at BetVictor.
bet365
Known across the globe as a trusted and reliable sportsbook, bet365 is a terrific sports betting option for both newbies and experience bettors. Along with their industry-leading betting markets and intuitive mobile app, bettors can make deposits and withdrawals at bet365 using Mastercard.
Mastercard payments are easy to make using bet365. Simply select “deposit” at the top of your screen and select “credit/debit card” as your banking option. From here you will need to provide your card details which you can either enter manually or submit a photo to input your details. The minimum Mastercard deposit amount is $10 and the maximum is $50,000.
See for yourself why bet365 is one of the best betting sites that accept Mastercard today using any of the links provided on this page.
BET99
BE99 is another fantastic online sportsbook that allows you to use your Mastercard account to make deposits and withdrawals while betting. Packed with a wide range of sports betting markets and competitive odds, BET99 is one of the best Mastercard betting sites in Canada.
To get started, head to the banking portal of BET99 by selecting “deposit” at the top of your screen. From here you will select credit and debit cards and input your card details. BET99 can be used for both Mastercard debit cards and credit cards, increasing your flexibility while banking on their top-notch gambling service.
TonyBet
Another stellar sportsbook option when it comes to betting sites that accept Mastercard is TonyBet. TonyBet has an established reputation as a standout oddsmaker. Equipped with unique sportsbook features, various deposit methods, and reliable customer support, this is easily one of the best betting sites in Canada.
Making your first deposit using Mastercard credit cards at TonyBet is a simple process that will have your account ready to place bets in no time. To get started, head to your sports betting account and select deposit. From here you will need to select credit and debit cards and enter your account information.
Check out TonyBet sportsbook to see why they’re one of our top online sports betting sites in Canada that accept Mastercard.
How to Deposit for Mastercard Sports Betting
Making a Mastercard deposit into your online sports betting account is a simple process. You can have your balance loaded with playable funds and ready to place your next wager on the biggest upcoming sporting events.
To get started, head to your preferred online sportsbook and select the deposit option. This will generally be kept near the top of the screen, but can also be accessed within your account profile.
From here you’ll be brought to the deposit portal where you will be able to choose which deposit method you’d like to use. In this case, you would select the option for credit and debit cards. Once this has been chosen, simply input your credit card details such as the cardholder name, card number, expiry date, and CVV.
Once this is complete, confirm the amount that you’d like to deposit into your sportsbook account and your funds should arrive within minutes of your purchase through Mastercard’s fast and secure payments.
While this process may differ slightly from individual Mastercard betting sites, this is the general framework that you will need to follow in order to make your deposit successfully.
Withdrawing Winnings with Mastercard
One thing to be aware of when using Mastercard is that when it comes to withdrawing, some sportsbooks don’t include Mastercard among the withdrawal options. Regardless of the fact that you can make a deposit with Mastercard, you won’t be able to withdraw winnings you eventually earn on the same card. However, you can choose one of the various other withdrawal options to extract your winnings like e-payment systems, wire transfers, and more.
Sportsbooks such as BetVictor and BET99, allow you to deposit and withdraw using your Mastercard account, making them one of the top options for betting with Mastercard. Make sure you’re playing with a site that provides Mastercard withdrawals when you are looking for an oddsmaker to sign up with.
Mastercard Sports Betting: Bonuses with Mastercard
One of the biggest benefits to making deposits using Mastercard is earning bonuses for your sportsbook account. Most online sportsbooks will provide new users with generous welcome bonuses that can help you get started in your sports gambling journey.
There are several types of deposit bonuses offered by the top online sports betting sites that accept Mastercard such as deposit match bonuses, risk-free/bet insurance wagers, bet & get/cashback offers, and loyalty programs.
While all of these bonuses are enticing due to their ability to help you build your bankroll from scratch (without having to place a bet), it’s important to always read the terms and conditions attached before accepting the promotion. Factors to look into when reviewing bonus terms are wagering requirements/rollover, minimum/maximum deposit limits, and expiry dates on your promotion/funds.
Advantages of Sports Betting With Mastercard
There are a number of advantages to betting with Mastercard. Below, we’ve highlighted some of the best aspects that come with using Mastercard at any sports betting sites in Canada that set them apart from other banking methods.
🤝 Wide Acceptance
A major perk of betting with Mastercard is that most online sports betting sites accept Mastercard. With global recognition as a leading financial entity, several online sportsbooks offer Mastercard as a deposit option for your account. By having Mastercard readily available to use as a banking option, this makes finding an online sports betting site to play with an easy process.
Depositing and withdrawing with one of the world leaders in online banking is always a plus when looking to begin sports betting.
🔐 Secure Betting
Known for their superb safety and security measures, Mastercard offers unmatched security while banking with online sportsbooks. Thanks to their fraud protections measures, Mastercard has your back in the face of any security breaches while using your credit card.
One of the top security features offered to Mastercard users is the zero liability protection. With this protection policy, Mastercard won’t hold you accountable for any unauthorized transactions made on your account. It doesn’t get much safer or secure than betting with Mastercard at any online sportsbook.
🏃 Convenience
Mastercard makes making deposits and withdraws a quick-and-painless ordeal, supplying you with secure payments directly to your sports betting account. With Mastercard and their sensational banking speeds, you can easily make transactions within your account while betting on sports.
Additionally, for users who are looking to track their betting transactions, the Mastercard app is incredibly user-friendly and allows users to easily view their spending habits. Don’t let your online banking while betting give you a headache, take advantage of the convenience offered by Mastercard betting sites today.
💰 Earn Reward Points
Not only can you potentially score big wins while banking on betting sites that accept Mastercard, but you can also earn reward points while doing so. Depending on which type of Mastercard you have, you may be eligible to earn various reward points by using Mastercard at online sportsbooks.
When you couple this along with the loyalty/reward programs offered by various online betting sites, this can potentially offset some of the costs associated with betting. Be sure to check out what types of rewards you’re eligible for with your Mastercard and see how you can earn points while betting on sports this year.
Disadvantages of Mastercard Sports Betting
While betting with Mastercard has its advantages, it does come with its slew of downsides. Learn more about the disadvantages of betting on sports with Mastercard below.
⚠️ Potential for Cash Advance Fees
When you make a deposit into your account, it’s important to remember that the money funds credited to your account are considered “cash”. Due to this distinction, some Mastercard credit cards may apply cash advance fees when making a deposit on some sports betting sites.
This is not universal, but it can be a massive negative in your betting experience as you are essentially losing extra funds just to gamble on your deposit. With the potential to lose the money deposited outright, adding on a fee to this only further increases your total losses.
Another important thing to note about cash advance fees is that they may possess higher interest rates when compared to other transactions and can be subject to immediate interest accrual.
🛑 Issuer Restrictions
Just because some online sportsbooks accept Mastercard deposits as a way to load your account with funds doesn’t mean that all Mastercard issuers will allow you to do so. Due to the risk involved in online sports betting, some issuers may enforce Mastercard gambling restrictions to block any gambling transactions that you attempt to make.
This issue could place you in a bit of a pickle as you may want to use your preferred banking method to load your online account with playing funds, but your card issuer will not allow it. This is due to various factors such as potential legal concerns, your geographic location, as well as risk management practices that are enforced by Mastercard themselves.
Is Mastercard Sports Betting Legal?
Yes, sports betting with Mastercard is legal in Canada. Mastercard’s policies align with all Canadian gambling laws so you can use them as a banking option when playing at an online sportsbook.
While betting with Mastercard is legal, it’s important to be sure that the betting site you place your bets with is licensed to accept Mastercard. Each of the top online betting sites found on this page are legally licensed to accept Mastercard transactions, so you never need to worry about any legal troubles while betting on sports.
Alternatives to Mastercard for Sports Betting
If you’re interested in placing a bet on sports but aren’t sure that Mastercard is the method for you, check out some options below for the alternatives offered at most top online sportsbooks. Each of these banking methods are safe and secure to use, and can help you load your account ammunition to fire off on your favourite sports.
VISA
Working the same way as Mastercard when it comes to making deposits and withdrawals at the majority of online sportsbooks, VISA is a great banking option to consider using. Equipped with safe and secure payment measures, VISA is one of the fastest ways to load your online sports betting account with playable funds.
Learn more about how you can start depositing with VISA at the top online sportsbooks in Canada today.
Bitcoin
Some online betting sites will allow you to deposit with Bitcoin. Betting with Bitcoin offers low fees compared to other banking methods, but due to the nature of cryptocurrency, the volatility involved may make it challenging to use while gambling.
It’s important to note that cryptocurrency betting is not provided within Ontario, but bettors from any other province are able to do so. Learn more about how you can deposit with Bitcoin and start betting with the future today.
PayPal
Arguably the best way to make deposits into your online betting account, PayPal is a great way to load your account with funds. This e-wallet provides terrific security as you transfer funds directly from any of your financial institutions.
PayPal is incredibly easy to use and can help speed up the process of making a deposit or withdraw by a considerable amount. It’s recognized by almost every major online sportsbook.
Learn more about how you can deposit with PayPal today and see why it’s one of our top-recommended methods.
Interac
Interac allows you to send funds to your online sportsbook account directly from your chequing account which is a terrific banking option for bettors. By pulling from real funds rather than credit, this can prevent you from gambling more than you have, keeping your betting habits safe and fun.
Depending on the oddsmaker, the process of completing deposits by Interac differ. While you may need to follow a more convoluted process in order to transfer your funds, this is the safest and most reliable way to gamble and bank safely simultaneously.
Check out how to make Interac deposits at the top online sportsbook apps today and keep your online gambling experience positive.
American Express
American Express is another credit card that you can use to make deposits and withdrawals at an online sportsbook. Just like Mastercard, American Express has its own unique advantages and disadvantages. While it is a safe and secure way to transfer funds and it holds the potential to earn rewards points along the way, gambling with credit is always a risk.
By gambling with funds that you don’t technically have, you can find yourself at an increased risk of debt, higher interest rates and hidden fees.
See if gambling with American Express is the payment method for you.
Final Thoughts on Sports Betting With Mastercard
All-in-all, betting with Mastercard is a decent option, but not necessarily the best. With most online sport betting sites that accept Mastercard, not allowing you to withdraw using Mastercard can cause a bit of a headache. Pair that with the additional fees, potential card issuer blocks, and risk of increased interest rates and debt, and you’re likely better off with a different online banking method.
Be sure to track your deposits and withdrawals, and abide by all responsible betting practices. Make sure the oddsmaker you’re playing with is reputable prior to making your first deposit with Mastercard, and place your next bet on any of the upcoming action on the sports calendar.
Mastercard Sports Betting FAQs
Yes, you can use your Mastercard to gamble. While some online sportsbooks accept Mastercard deposits, they don’t always provide withdrawals using the same method. Be sure to research the banking methods offered at each online sportsbook prior to making your first Mastercard deposit.
Yes, you can bet with Mastercard. Mastercard can be used to deposit funds into your account and place bets afterwards.
The best credit card for sports betting is either VISA or Mastercard. Both VISA and Mastercard are offered as deposit options at most online sportsbooks and is a safe and secure payment method while online gambling.
Yes, sports betting can affect your credit score in Canada. Using your credit card to bet on sports can affect your credit score. If you use a banking method that doesn’t involve your credit, then it will not have any effect.
