Betting with Credit Card

Betting with Credit Card

Credit cards are widely accepted by  online bookmakers. The most popular of these are Visa and Mastercard, but online bettors may find some betting sites that will accept others that are less commonly circulated such as Discover or Diners cards. Next to e-wallet services, credit cards offer the quickest method of conducting online transactions.

Before using a credit card to fund your online betting account it is necessary to make sure that you have sufficient funds on your card. You will be required to input several pieces of information on the payment page. These include your name as it appears on the card, your mailing address, the date of expiration of the card, the card number printed on the front and the personal CCV number printed on the back of the card. Once all the necessary details have been put in, and the amount selected for payment, the money will be instantly transferred into your betting account and available for use.

Credit card companies try to provide as much security with using your card as is possible. It is for this reason that Visa developed Verified by Visa and Mastercard came out with the SecureCode. These two systems both have their users create a PIN within their account profile. This PIN must be entered on any site on which the card is used to make a transaction. Since it is only known to the credit card provider and the user, there is less chance of identity theft or fraud coming into play. 

In addition to the private PIN code,  online bookmakers endeavour to add extra security by providing encrypted SSL (also known as Secure Sockets Layer) environments for members who are inputting their financial information. You can check that the page you are on is secure by looking at the site's security certificate or observing that the "http" in the address bar is followed by an "s".

As quickly as funds can be deposited into your online betting account, it is unfortunate that users are limited in the withdrawals that can be made directly to the card. Some cards actually do not facilitate withdrawals at all while others limit the amount to less than what was deposited.

As a result of increased popularity and competition, the majority of betting sites who accept credit cards do not charge fees for either deposits or withdrawals. The credit card themselves will only issue interest charges once the date for payment has passed and there is an ensuing balance on your account.

Online Betting Sites That Accept Credit Cards

1)  Bet365.com

2)  Betway.com

3)  Unibet.com

You can find a detailed list of credit card friendly online bookmakers in the following link: Online Betting Sites That Accept Credit Cards