Mastercard is one of the most popular choices in the world for debit and credit cards, and a great option for punters to move money in and out of their account. Below, we take a look at some of the best betting sites offering Mastercard, as well as how to deposit and withdraw using this payment method.
10 Best Mastercard Betting Sites
5 Best Mastercard Betting Sites 2021
- Funbet
- MELbet
- Sportbet.io
- 1xBet
- Royal Panda
What is Mastercard?
Mastercard is a giant within the global payments industry, which also includes the likes of Visa, American Express and Discover. These major payment card processors are responsible for processing the payments made with debit and credit cards issued by major banks and other financial institutions.
These popular debit/credit cards can be used to make everyday purchases, including transactions at many betting sites in India.
Is Mastercard Safe?
You’ll be glad to know that Mastercard is extremely safe and secure. All transactions and sensitive data are encrypted, making it difficult for your card details to be stolen or copied.
Cards offer two-factor authorisation or One-Time Codes to add an extra layer of security when making payments. They also offer consumer protection of your funds in the event of fraudulent activity.
Can I Use Mastercard Credit Cards?
Many Mastercard betting sites accepting Indian punters are British-owned and/or regulated. As of April 2020, credit card gambling was banned in the UK following a UK Gambling Commission review of online gambling habits. This ban aims to minimise the risks of significant financial harm by ensuring punters can’t bet more money than they can actually afford.
So, while betting site operators still accept debit and prepaid cards, they'll no longer accept credit cards. However, you can still use one of these credit cards to fund a prepaid card or e-wallet service.
How to Get Mastercard
There are several ways to obtain a card and they’re all fairly straightforward. The type of Mastercard you can obtain will vary between finance institutions and your banking requirements.
Mastercard Prepaid Cards
Perfect for Indians who still prefer paying with cash rupees for their usual transactions, prepaid cards are the best choice for privacy-conscious punters. Prepaid cards can be purchased with cash at a number of retailers across India, and can then be used at your favourite Mastercard betting sites.
Those who don't wish to hand over any private banking information during betting site transactions should opt for a prepaid card, as they're not tied to your personal account in anyway. Simply top up with cash and use freely at any of the MasterCard betting sites on our top 10 list. Prepaid cards are also available in digital form as a virtual card.
Mastercard Debit/Credit Cards
The most common way to obtain a Mastercard is through any number of banks in India. Mastercard betting sites will accept a debit card from any major Indian banks. Most accounts will receive a Mastercard to make payments with, while credit cards can easily be applied online or in-branch.
Whenever applying for a credit card, remember to have the following handy:
- ID card
- Proof of income
- PAN card
- Aadhaar card
These documents will be verified, along with a generated credit score to determine whether you're eligible for a Mastercard credit card.
Geo-restrictions apply. You must have a funded account or placed a bet in the last 24 hours.
How to Make Mastercard Betting Deposits
Making Mastercard betting deposits is one of the easiest things in the world to complete. Just head over to any of your favourite Mastercard betting sites to make your first deposit, and follow these steps:
- Log into your betting site account and navigate to the cashier section. Select “Payments” or “Deposit” to begin.
- Choose your card type and enter the nominated amount you wish to deposit to proceed.
- You'll be asked to provide your card details. Simply enter your long card number, expiry date, CVV, and name on the card.
- Depending on your bank or card type, you may be required to enter an OTP sent to your associated mobile device.
- And that’s it! Mastercard betting deposits should be available in your account instantly.
Remember that there's a minimum and maximum deposit limit imposed by Mastercard betting sites.
How to Make Mastercard Betting Withdrawals
When your gutsy multis and well-informed in-play bets pull in a nice profit, it's time to make some Mastercard betting withdrawals. Thankfully, making a withdrawal at Mastercard betting sites is just as easy as making a deposit.
Before making your first betting withdrawal with your debit or credit card, you’ll have to complete a simple Know Your Customer (KYC) procedure. This is a standard process, and is a requirement of regulated Mastercard betting sites to meet anti-money laundering and compliance legislation.
Don't worry – you'll only be required to do this once, and all you have to provide is some very basic information and documentation. Once completed, you can make your first withdrawal:
- Log into your account once again and navigate to the cashier section. This time, select “Withdrawals”.
- Select “Mastercard” from the payment options and nominate how much you wish to withdraw.
- Enter your card details once again. Some Mastercard betting sites may remember your card details to help speed up this process.
- It's as easy as that! Mastercard betting withdrawals can be slow, and may take up to 5 days to return to your account.
Just like with deposits, there are minimum and maximum withdrawal limitations imposed by Mastercard betting sites.
Advantage & Disadvantages of Mastercard
These two powerhouse payment networks are the gold standard of debit/credit cards. Highly accepted across the globe and relied on by millions, payments can be made at almost any betting site. However, as with anything, there are both advantages and disadvantages to using Mastercard at betting sites in India.
Pros
- Instant deposit transfers with no fees
- Very versatile and can be used to fund e-wallets or purchase cryptocurrency
- Widely accepted by various betting sites
- Great security and safety
Cons
- Credit cards can no longer be used at UK betting sites that accept Indian punters
- Withdrawals can be slow with processing times between 1-5 days
Best Betting Sites That Accept Mastercard
Almost every betting site in India will accept cards from these payment networks, and with so much choice comes many fantastic options! Understandably, you might struggle to decide on which Mastercard betting sites are the best for you. To make the decision easier, we've chosen two of the very best betting sites accepting payments from these payment networks.
1xBet
1xBet is feature-packed and arguably one of the biggest international Mastercard betting sites in the India. There's a gigantic varied sport selection, alongside vast markets and multiple betting options. If you can’t find the match at 1xBet, then you probably won’t find it anywhere else!
The size of 1xBet's live betting market is something to behold, and live streaming of sports makes 1xBet a great in-play betting site. Best of all, 1xBet is very Indian-focused, with all payment methods available in rupees, including Mastercard betting deposits and withdrawals.
Royal Panda
A Swedish betting site that allows for payments, such as Mastercard deposits and withdrawals in Indian rupees. There's a great range of European sports on show at Royal Panda. Everything is broken into bite-sized sections such as Live Mode, Live Multiview, and Event View for the fullest of user control.
Royal Panda has joined other operators in building a diverse range of esports betting, as well as virtual sports – perfect for the off season! But where Royal Panda really shines, however, is in the number of markets and betting options available to Indian punters. There are almost too many options to choose from!
Best Cricket Betting Sites That Accept Mastercard
Is there anything more exciting than betting on your favourite cricket matches? Mastercard betting sites offer dedicated cricket sections and vast markets to enhance your betting experience. To make things easier, we've chosen two of the best cricket betting sites that accept payments from these two major payment networks.
10CRIC
Of all the Mastercard betting sites available to Indians, none are as cricket focused as 10CRIC! They really prove how much they value Indian punters, and have made sure that their cricket options are of the highest class. Almost every cricket competition imaginable can be found at 10CRIC, including the IPL, international test matches, Asia Cup, and even the South African Momentum Cup.
The dynamic odds that are generated from the 10CRIC experts for live betting are a result of said experts conducting some seriously rigorous analysis of many sports. The 10CRIC power odds feature offers enhanced odds for selected matches, and is a fantastic way to make some extra rupees! When the cricket season slows down, you’ll be glad to find over 40 different sports to wager on at 10CRIC.
MELbet
With well over 100 unique cricket markets and a one-click live betting platform, MELbet is one of the best Mastercard betting sites for cricket lovers. MELbet are one of only a handful of Mastercard betting sites that offer live streaming of major cricket matches. That means you can make one-click bets on live IPL matches while watching them unfold at the same time.
When there's a break in the cricket season, MELbet still has you covered with a great sporting European and US sport selection. There are also thousands of markets covering a hugely diverse range of sports, including great esports markets. You’ll find over 200 sports to bet on on a daily basis at MELbet, and the platform is a joy to experience!
Mastercard Alternatives
You’ll find other payment methods at Mastercard betting sites online, too. With so many different betting payment methods available to Indian punters, you’ll always find a payment method to suit your needs.
E-wallets
E-wallets have become one of the most popular ways to make betting site transactions at Mastercard betting sites. You’ll find a great variety of e-wallet services available to Indian punters, and they all offer a great mixture of features:
NETELLER
NETELLER is a popular choice in India, with users benefitting from lightning-fast transaction speeds and very low fees.
Paytm
Paytm is a growing payment service in India, and there are more Paytm betting sites now than ever before.
Google Pay
Google Pay is widely accepted at many Mastercard betting sites, with Google Pay betting sites allowing Indian punters to create virtual versions of their physical debit or credit card.
Skrill
For a widely accepted e-wallet, look no further than Skrill, with Skrill betting sites being readily available to Indian punters, and is also extremely easy to use.
PayPal
PayPal is probably the most popular e-wallet service in India, with many PayPal betting sites available. It operates a little differently in India than in other parts of the world, since punters in India are required to link their personal bank accounts.
UPI
UPI is an Indian-designed and produced payment service that's been adopted by several Indian e-wallet services such as PhonePe. It allows punters at Mastercard betting sites to safely link their personal banking accounts, and make payments quickly and securely without the need of entering their card details.
It's a real-time payment system, so Indian punters can make payments at Mastercard betting sites with only a single UPI ID, thus enabling one-click payments. UPI betting sites are everywhere in India, too, so you’ll always be able to find that perfect betting platform!
Cryptocurrencies
Still growing in acceptance at many Mastercard betting sites in India, cryptocurrencies such as Bitcoin are a very fast and incredibly secure payment method. Cryptocurrencies offer near-impregnable security by leveraging modern blockchain technology that maintains a perfect ledger of transactions, simultaneously allowing users to remain completely anonymous.
Indian punters also don’t need to give up any personal banking data to third parties when wagering at cryptocurrency betting sites.
Mastercard Betting Sites FAQs
What is Mastercard?
Mastercard is a globally-recognised payment networks in the world.
Are Mastercard safe?
Yes, they are a very safe forms of payment at betting sites in India.
Why should I use Mastercard?
There are many different reasons to choose cards from these major payment networks at Mastercard betting sites. The payment networks are reliable, safe, and globally accepted.
Why won’t my Mastercard credit card work?
You may be betting at a UK-licensed betting site. Mastercard betting sites that are UK-licensed aren't accepting credit card payments.
What betting sites accept Mastercard?
Almost any betting site in India accepts payments from these two payment networks. However, we recommend 1xBet and Royal Panda as two of the very best Mastercard betting sites.
Are there any alternatives to using Mastercard?
Yes, there are several, including Visa, e-wallets, cryptocurrencies, and UPI payments.
Are there any fees?
Your bank or credit card institution may impose some fees, though this is uncommon. Most Mastercard betting sites offer fee-free transactions for this payment type.
Geo-restrictions apply. You must have a funded account or placed a bet in the last 24 hours.
CricketBettingAdvice Final Words
Mastercard is one of the most widely accepted and trusted payment networks in the world. Offering great security features and a versatile selection of card types, it can be used at almost any betting site online.
The Cricket Betting Advice team of writers are all defined by one goal: to provide you with the best online betting content on the web.