Our Step by Step Guide to Betting With Prepaid Cards
Open an account
Sports betting with prepaid cards in the USA offers a straightforward way to place online deposits. There is no need to create any online accounts or input any of your bank details, making it one of the most secure payment methods.
Verify Your Identity
As previously mentioned, there is no need to enter any bank details or personal information to gain access to prepaid cards.
Make a deposit with a Prepaid Cards
The most widely used card provider for betting sites that accepts prepaid cards in the USA is Paysafecard. As this is the name you’ll see most often at US sportsbooks that accept prepaid cards, it will be used for all examples within this article on Sports betting with prepaid cards in the USA. E-wallets such as Neteller can also provide you with a prepaid card. EcoCard is another popular provider for prepaid cards.
You can buy a Paysafecard at one of over 650,000 sales points worldwide. Cards are available for the following amounts: 10, 25, 40, 50, 75, or 100. You can also find cards of 125, 150, or 175 at PayPoints.
All cards are printed with a 16-digit PIN number. Once you’ve created an account with a betting site that accepts prepaid cards in the USA, you will be asked for a deposit method. All you need to do is select ‘Paysafecard.’ You then need to enter your 16-digit PIN, and the credit will be deposited into your account.
How Long Will It Take to Process My Prepaid Card Deposit?
Payments made through Paysafecard on betting sites that accept prepaid cards in the USA, should arrive instantly into your online casino account. This is the same as for betting with PayPal and with betting sites that use debit cards. Many other deposit methods can take between one and three working days for the funds to reach your account.
If a payment takes more than 24 hours to reach your betting site that accepts prepaid cards in the USA account, you should contact customer service. Unfortunately, all prepaid cards are a one-way transaction. You can’t ask for withdrawals by the same method when you bet with prepaid cards.
Getting Verified With a Prepaid Card
The main benefit for customers of sports betting with prepaid cards in the USA is the anonymity provided by this method. You aren’t required to create an account to use Paysafecard, as you simply purchase the card at one of the available points.
With the launch of the Paysafecard app, customers have the option to create an online account from which to refill their credit. When creating the account, you will be asked to provide basic information such as name, address, and email.
Standard accounts have various limits on how much money you can deposit and spend within a given period. To lift these limits, you can go through a one-time verification process. To do this, you will be asked to provide either a passport, ID card, or driving license, alongside a second photo of your face. The verification process takes only a few minutes to complete.
How Long Have Prepaid Cards Been Around?
Open-loop prepaid cards that aren’t ‘gift cards’ with one specific purpose owe their origin in the US to the 1996 federal Welfare Reform Act. This stated that food stamp coupons should be replaced with electronic cards.
In the 1990s, payroll cards became a common and convenient way to pay employees without a bank account. In 1999, open-loop prepaid cards made their appearance in the US. This was a few years behind their release and popularity across Europe.
In 2000, Paysafecard was developed as a simple method for online payment and sports betting with prepaid cards in the USA. It initially launched in Austria and then in Germany less than a year later. In 2002, Paysafecard was also available as an e-voucher. The company received EU funding in 2005.
In 2008, Paysafecard was issued with an EU-wide e-money license, as well as a FINMA license for Switzerland. The company then received its own MasterCard license expansion in 2009. Following this, Paysafecard became available anywhere that MasterCard was accepted. In 2010, the company launched in the US and Mexico.
In 2011, Paysafecard launched its free app so that people could purchase their PIN from a smartphone. This allowed those using Paysafecard to access betting sites that accept prepaid cards from their mobile. Now, Paysafecard is the most popular provider for betting sites that use prepaid cards.
How Does a Prepaid Card Compare to Other Payment Options?
The main benefit that sports betting with prepaid cards in the USA has over other payment methods is the anonymity it gives customers. Privacy is always something to consider when using a US sportsbook that accepts prepaid cards. Prepaid card gambling sites offer their customers a further layer of protection by limiting the information they require.
When you bet with prepaid cards, you only need to provide the PIN number from the card to place your deposit. All other payment methods require you to use some kind of personal data to make a payment. Online betting with prepaid cards like Paysafecard and others are the only payment methods that can offer you 100% security.
Another plus when betting with Paysafecard is the deposit time and the lack of fees. It’s free to make a Paysafecard deposit at prepaid card betting sites. The funds should be immediately deposited into your sportsbook account. Some other payment methods will have fees attached when making a deposit and can take up to three working days to process.
The main negative to sports betting with prepaid cards in the USA is that it’s only a one-way payment method. You cannot use prepaid cards as a withdrawal method. You’ll need to use an alternative payment provider for these transactions.
For prepaid cards that don’t offer online top-up, it may be inconvenient for people to have to visit a store to purchase more credit. When online gambling, some sites will offer instant top-up, so that you can continue your betting without interruption. This method would not be available if you have no credit left on your card.
A Run Down of the Top Online Gambling Deposit Options
There are plenty of payment methods available. The most frequent question from customers is whether they are reliable and secure. The top-rated operators and the payment methods they offer are guaranteed to be safe and legitimate. The other top payment methods available at the majority of online sportsbooks are as follows:
Debit card – This is by far the most popular deposit and withdrawal method across all online sportsbooks. Customers are familiar with this form of transaction, making it a straightforward option. All transactions are carried out through your bank, making it a secure method of transferring funds.
Betting with debit cards is usually fee-free and has reasonable limits for both withdrawal and deposit. Funds should reach your account almost immediately.
Debit card casinos typically offer withdrawals that will take up to three working days to reach your account.
Betting sites that use VISA and betting with MasterCard is also very common. However, it’s worth checking if this deposit method is subject to fees or charges. Some credit card casinos will take a percentage of your deposit when making a payment.
E-wallets, including Skrill and Neteller – This is another excellent option for both deposit and withdrawals and is widely available. E-wallets provide extra security as you can pay through your Skrill or Neteller account, and don’t need to give any card details to the bookmaker.
Transactions for e-wallets are particularly quick. Deposits should be processed within 30 minutes. Withdrawals are usually available in your account within 24 hours, although this may extend up to 48 hours for particularly busy periods.
You Asked & We Answer Your Prepaid Card FAQ’s
Can I retrieve my Paysafecard credit to my bank account?
It is possible to return your Paysafecard credit to your bank account. If you have the Paysafecard app, you have complete control over the funds in your Paysafecard account. You can top up the credit amount you want, or withdraw any remaining credit amount.
Can I get a prepaid card bonus?
The payment methods that qualify for a deposit offer will vary depending on the provider. However, most betting sites that use prepaid cards will allow this as an option. Bonuses may be solely for new customers, or there may be additional bonuses available for continuing customers.
Generally, if the payment method is eligible for the initial deposit offer, then it will qualify for all other bonuses at that US sportsbook that accepts prepaid cards.
Why has my deposit not gone through?
Deposits from prepaid cards should transfer your funds to your sportsbook account almost immediately. However, during busy times this can take a little longer. If you’re using a valid US sportsbook that accepts prepaid cards and your payment has not reached your account within 24 hours, then contact the customer service and ask them to find out the issue.
How can I be sure a sportsbook is reliable?
The primary indicator of whether a US sportsbook that accepts prepaid cards or any online gambling site for that matter, is reliable is whether they have a gambling license. You should never bet at any site that doesn’t have one. Licensed sportsbooks and casinos have very strict regulations to adhere to in order to maintain their license.
The conditions set out by licensing authorities include proper data encryption and storage and only offering reliable payment methods for betting deposits and withdrawals. These authorities will also carry out random testing of sportsbooks and casinos. This is to ensure customer safety, and that the bookmakers are running a fair service for customers.
Best Prepaid Card Mobile Apps
It’s already been mentioned that customers can find betting sites to pay by mobile when using the Paysafecard app. However, this isn’t the only way that customers can pay using their smartphones. There has been a considerable increase in the number of mobile websites and apps for online sportsbooks. So here are some of the best options for betting sites to pay by mobile.
Paysafecard – This one has already been mentioned a few times, but the Paysafecard app is one of the best payment options out there. You can top up your credit for an existing card or buy a new 16-digit PIN directly through the app. If you have a fully verified account, you can link your bank account for even more simple transactions.
PayPal – This is another huge company that has seen increasing popularity as a payment method for online casinos. It’s surprising how few PayPal casinos are available, but this number is growing.
The PayPal app allows you to deposit from your mobile, as long as you have a PayPal account. Betting with PayPal offers a fast and reliable method for both withdrawal and deposit.
Venmo – As a branch company of PayPal, you can expect all of the usual security of the larger company. Venmo casinos USA have seen a significant rise in popularity in recent years. There have been many new betting sites set up with Venmo as their top payment method.
This is a relatively new peer-to-peer payment method that can only be accessed through the app. Again, betting with Venmo offers quick, secure transactions. You can also withdraw funds back to your Venmo account.
Get a Bonus With Your First Prepaid Card Deposit!
Whether you’re sports betting with prepaid cards in the USA, or another payment method, you should be aware of the welcome offer available to you from various online sportsbooks. Almost every US sportsbook that accepts prepaid cards will have a welcome offer to entice new customers. This is a competitive industry, and customers need a reason to join one sportsbook over another.
For many debit card casinos and online sportsbooks, the welcome bonus will be available as a free bet. The value will often be a percentage of the initial deposit. Some sportsbooks will allow you to use the bonus money on several smaller bets, or they may ask you to place a single, high-stakes wager.
All welcome offers will be subject to various terms and conditions, whether you’re betting with Venmo, a prepaid card, or any other form of payment method. The first thing to check is whether your chosen payment method makes you eligible for the bonus. If not, you may be best finding a different US sportsbook that accepts prepaid cards to bet with. If a particular payment method is an exception from the welcome offer, it will likely be an exception for further deposit offers or loyalty rewards.
All bonus offers will have a wagering requirement attached. For free bets, this usually involves a particular bet type or minimum odds. The site wants to encourage customers to use the free bet to try something new. It’s an opportunity for a risk-free wager that allows you to experience more thrills by placing higher stakes than you ordinarily might.
The best way to make the most of a welcome offer is to make sure you fully understand all of the conditions attached. You don’t want to be caught out by placing the wrong type of bet, or not using up your free bets before any given time limit. Take the chance to try out something new.
Conclusion – A Widespread & Trusted Payment Method
Prepaid cards have become an extremely widespread method for making online sportsbook deposits, as well as betting with MasterCard and Apple Pay. Customers particularly enjoy the anonymity and security that the prepaid cards provide. No bank details need to be put at risk, and if you purchase the card in person, then none of your personal information is required.
Online sports betting with prepaid cards in the USA gives you immediate access to your funds, so you can start betting straight away. So try out this fast and reliable payment method, and find out for yourself why it’s so popular.
We hope we have helped with your search to find the best US sportsbook that accepts prepaid cards for you. If you have enjoyed reading this article, you might enjoy reading our various online bookmaker reviews including many sites that support sports betting with prepaid cards in the USA, and betting with PayPal.