Prepaid card sportsbook pros and cons
Pro and Con
- Instant deposits
- No need to have a bank account
- No need to supply financial information
- Good way to keep your bankroll separate
- Can’t be used for withdrawals
- Not featured at all sportsbooks
- Deposits might not qualify for promos
Is gambling restricted in your area?
If you’re in one of those areas where gambling is restricted, not to worry! This guide is also for people in regions where online casinos are restricted. We give you recommendations on sweepstakes platforms, where they don’t offer real money transactions. However, a slight difference between the traditional online casinos and the social sportsbooks is that while you’ll need a prepaid card to process payment since it’s a real money gaming, you won’t need to make any purchase or pay before you can start playing at social sportsbooks.
This is because they use coins known as virtual currencies to play. Where the Sweepstakes Coins (SC) can be later used for price redemption, Gold Coin (GC) on the other hand cannot be used to to win money prizes, it can only be used to play for fun. However, you might later want to make a real purchase of Gold Coins (GC) to extend your games and ultimately think of redeeming your SC later on.
Making a Payment with Prepaid Cards
Getting a prepaid card is relatively easy, with retail locations, gas stations, and various other providers offering them. Your favorite sportsbook will also provide this method of payment when placing bets on
gambling websites
that accept prepaid cards. These easy steps below will help you get to terms with the process of setting one up.
No verification is required when using a prepaid card. However, it’s important to take note of any balance or transaction limits that bookmakers can set. A US sportsbook that accepts prepaid cards may have its individual processes, so be sure to check out the website for more information.
Make a deposit with prepaid cards
Once you’ve got your prepaid card, it’s available for use immediately. On betting sites that accept prepaid cards, you’ll need to click on the cashier page and select the option for a prepaid card. It shouldn’t matter if you’re on a PC or one of the
US gambling apps
.
A variety of different options are available to choose from so check the
gambling site’s deposit options
. Follow the steps to make the deposit. Alternatively, cash can be deposited directly into the card upon purchase. Depending on the card, you may need to pay an initial activation fee when you are purchasing a Visa or Mastercard card.
Making a withdrawal from a US sportsbook that accepts prepaid cards can be a little tricky given the nature of this payment method. Withdrawing is not always an option. However, these types of cards can also pay for online subscriptions and other small transactions. This will also be similar for social sportsbooks and social casinos. As you do not make a traditional deposit or withdrawal, you may find that although you can use a pre-paid card to make a purchase, you may not be able to make a prize redemption with the same method.
Usually, sportsbooks will allow you to withdraw your funds an alternate way like via bank transfer or you can find betting sites that accept PayPal if you’re
gambling on sports
with prepaid cards in the USA.
Average Time of Prepaid Cards for Deposits and Payouts
The method of depositing with a US sportsbook that accepts prepaid cards is done in such a way that transactions are immediately approved, and the money is instantaneously deposited on your account.
Another useful feature of using this payment method is their re-usability, meaning you can reload money onto the same card again and again!
Payouts, however, work a little differently.
Considering that payments are rarely deposited onto prepaid cards, bank transfers are the best option for you.
However, payouts can take several minutes to multiple days from your bank to process the transaction, depending on which bank you use.
An alternative to standard betting sites is a social sportsbook, where you can make predictions on many sports and events without spending any money. Sportzino is a well known site that allows players to play casino-style games and predict the outcome to sports events with the use of Gold Coins and Sweeps Coins. Instead of traditional payouts, players can redeem Sweeps Coins for real world prizes, including cash in some situations. This is a great option, even if you are in a legal gambling state, as you can have all of the fun without the same monetary risk.
It’s easy to play at these prepaid card sportsbooks!
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Prepaid Card Verification Requirements
One of the most significant benefits of prepaid cards is that they’re untraceable.
No verification is required when purchasing one, and there are a variety of places you can use them, including online marketplaces and
US sportsbooks
that accepts prepaid cards.
The only time that verification may be required is in the case of purchasing a prepaid card online via a bookmaker.
In this instance, the bookmaker might ask for confirmation to authenticate your details as payment is generally made using a credit or debit card.
Not all of them are alike, some have different cashback rewards, and others are offered by different card companies such as Visa and MasterCard.
Sports betting with Visa in the USA
is very common now.
The easy accessibility of these cards means you can use one US sportsbook that accepts prepaid cards;
However, there are some important things to remember when using one.
Types of Prepaid Cards
There are many different types of prepaid cards, with differences ranging from potential fees and possible reloading of the card to limits and expiration dates available for anything from slots to
horse betting websites in the USA
.
Since their creation, there are now four major types;
prepaid gift cards, reloadable prepaid cards, virtual prepaid cards, and voucher prepaid cards.
Prepaid Gift Cards
Prepaid gift cards are almost identical in appearance to credit or debit cards, and there are a variety of betting sites that accept prepaid cards.
Most of them have set values, limits, and expiry dates.
MasterCard lets you undertake sports betting using prepaid cards for USA bookies, and Visa also allows you to participate in sports betting using prepaid cards for USA bettors.
These are two of the card providers that allow you to use cards for online sports betting.
These prepaid gift cards can also be limited by where they were purchased and for what they’re used for.
The expiration period means that reloading onto these cards is not always possible.
Of course, these terms may vary depending on the banking providers available sports betting prepaid cards USA.
Reloadable prepaid cards
Reloadable cards are the most desirable for consistent betting, as there’s no need to buy a new card every time you want to deposit money into your
sportsbook that takes MasterCard
balance.
Like any prepaid card, the deposit can be made in the form of cash, via your credit or debit card, sports betting prepaid cards USA, or even with a check.
Some also allow for direct bank transfers or using your mobile to pay into the reloadable card, which allows you to partake in sports betting using prepaid cards in the USA.
Some reloadable cards, however, may come with fees after a certain period of use, either in the form of monthly fees for use, or costs for different types of transactions, sports betting prepaid cards USA, currency conversion or the likes.
Virtual prepaid cards
As the name suggests, virtual cards are available at plenty of vendors and are mainly MasterCard and Visa cards.
Sports betting with prepaid cards in the USA is an excellent choice.
Unlike other prepaid cards, the virtual ones require an account with the relevant online banking companies that offer such cards.
In this case, verification and authorization are required to obtain a virtual card and can be a timeous process.
Voucher prepaid cards
Lastly, vouchers can be bought and are purchased in voucher format and sports betting sites using prepaid cards in the USA, will also accept this payment method.
However, a voucher will be a slip of paper rather than an actual card.
The receipt received upon purchase contains all the necessary information for making payments.
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Prepaid Cards Versus Other Payment Providers
One of the most important factors when considering any form of sports betting or social casino play is that the payment is secure.
Sports betting sites and social sportsbooks and casinos using prepaid cards in the USA are the safest method for transactions that are virtually untraceable both to the customer or bank account used.
This method ensures that your personal security is maintained.
Another benefit of this option is that the only funds available for use are those that have been deposited.
This ensures that you can avoid overdraft charges.
In the case of prepaid voucher cards, to use the voucher and enter the code provided, you are then redirected to a secure page to do so.
These pages have security measures like those of the top banking institutions, however reputable sportsbooks have necessary SSL encryption and are highly reliable regardless.
The anonymity that sports betting with prepaid cards in the USA provides also ensures your safety and privacy in use.
Additionally, this method of banking doesn’t allow for overspending in the limited amounts deposited onto the card, making it easier to control your gambling habits.
Another benefit of using this payment method over traditional debit or credit card payments is that little to no verification or registration process is required to obtain one, paired with deposits reflecting almost instantaneously in most cases, making this option quick, safe, and convenient to use .
If you still want to try other methods, you can find
betting sites you can use American Express
, PayPal, or Apple Pay on.
It’s also possible to wager on
sports betting with Venmo in the USA
.
Can you use pre-paid cards on social betting sites?
Currently, most social betting sites and sweepstakes casinos in the US do not accept pre-paid cards as a payment option. Instead, these sites typically support more common methods such as credit and debit cards, ACH bank transfers, and ewallets like PayPal and Skrill.
Although pre-paid cards aren’t widely used, the range of accepted payment options ensures players can securely make purchases and enjoy gaming on these platforms. Coupled with the wide availability of social betting sites and sweeps casinos, they are a good alternative for both users in regulated states as well as those that reside in legal betting states.
1.
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2.
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Most Popular Payment Methods
Many people, when starting in sports
betting on new betting sites
in the USA , will likely ask which payment method is the best, what is the most secure, and are some better than others?
Players also wonder why they should find a US sportsbook that accepts prepaid cards.
The most frequently used payment methods are credit and debit cards, web-wallets like EWallet Express, or money transfer methods like Western Union.
Betting sites for pay by mobile
are also popular.
However, each of these payment options has its limits, fees, verification processes, and even traceability.
The payment method most appropriate for you needs to take into consideration each of these factors, as well as overall safety and security ensured with each.
Reputable bookmakers will have the necessary encryption and security steps to ensure that personal information is never leaked and all payments made securely.
Many advantages for using a US sportsbook that accepts prepaid cards have been discussed above.
Along with the highest security measures, they’re the most viable in terms of safety.
It’s also the most convenient payment method for depositing into your sportsbook balance betting sites where you can use prepaid cards, due to all of the factors highlighted previously.
Alternative payment methods at online sportsbooks
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Prepaid Cards FAQs
These are the top five questions people have when purchasing and using a prepaid card.
Are the Deposit and Withdrawal Methods the Same?
While deposits for sports betting with prepaid cards in the USA is generally straightforward with this method of payment, withdrawing doesn’t quite follow suit.
Depositing is as easy as using a credit / debit card upon purchasing your prepaid card, whether you buy the card at a verified retailer or online.
Once the deposit is made, the funds will reflect immediately into your account.
Withdrawals can be made using the prepaid card.
However, this depends on whether or not the card is linked to some form of online banking.
This will ensure there is an account linked to receive any withdrawal payouts.
In most cases, virtual prepaid cards already have this in place and can be easily used to withdraw.
There are many
betting sites with quick withdrawal
options.
In other cases, a transfer can be made for the funds you want to withdraw to be sent to your bank account.
This, however, may take some time and depends on the banking partner.
Can You Receive Any Bonuses With Prepaid Cards?
Yes!
This may vary according to operators, but bonuses can be made available for this payment option.
There are plenty of
No.1 bookies
with a sign up bonus in the USA
.
Some operators provide exclusive prepaid card bonuses as well.
However, for many sites, the rewards available will still apply to this method as long as the terms and conditions of the deposit are being met by US
sportsbooks that take paysafecard
or that accepts prepaid cards.
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Is It Still Safe to Pay Using a Credit or Debit Card for a Prepaid Card?
Yes!
As long as you are using a reputable US sportsbook that accepts prepaid cards, with all the necessary security measures, depositing with your credit or debit card is still safe and secure.
Again the security of the prepaid card will not be compromised as only the amount deposited onto the card is available and is not traceable back to the bank account or individual using it.
Are Prepaid Cards Accepted Globally?
No, it is essential to note that not all countries accept prepaid cards as a viable method of payment, but you will find a US sportsbook that accepts prepaid cards.
At least 35 countries, including Russia, Turkey, and Cuba, do not recognize the use of such cards.
You could look up an
online casino list
or a
betting sites list
to find out more information.
This is especially important to remember when placing and making bets that may occur in any such banned country, as the transaction will be declined whether playing slots or
horse betting in the USA with a
No.1 bookie
.
That being said, most US sportsbooks and casinos accept prepaid cards and you’ll usually find out quickly the accepted payment methods in deposit/purchase section of the site. Currently, ore-paid cards are not readily available as an option for social betting sites and sweepstakes casinos, however with their growing popularity this may change in the future so make sure you keep checking back for updates.
Can the Operator Block Your Account?
Actually, yes, this occurs when the prepaid card might not be reliable, as has been the case in the US before US sportsbooks that accept prepaid cards existed.
This is due to banks having difficulty in processing gambling-related transactions and may result in the transaction being blocked.
Cards will be cleared when approved for international transactions.
However, this clearance is not guaranteed when purchasing the card.
It is essential to inquire whether or not this clearance has been given when purchasing your prepaid card.
Otherwise, you’ll be left with a useless prepaid card, unable to fund your sportsbook account balance.
Conclusion
As long as you have checked the reputability of a
No.1 bookie, sportsbook or casino that accepts prepaid cards for sports betting is relatively simple.
This straightforward method has brilliant security and safety measures for individuals otherwise uncomfortable with sharing sensitive personal and banking details over the internet.
Just make sure you still check its
sports betting odds
are of good value, too!
Anonymity and a lack of traceability ensure that the customer’s safety is always guaranteed.
Accessible almost everywhere and with secure purchasing and depositing, prepaid cards stand out as an easy contender for the best depositing method.
Although withdrawals aren’t as quickly done as with other payment methods, they are still available with a little effort.
Betting doesn’t come easy for everyone, so if you want a little help, why not check out the
best betting strategies for the US
.
Then all that’s left to do is find
NJ online gambling
sites or the
best PA gambling sites
that accept prepaid cards depending on your location.
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Sports Betting With Prepaid Cards FAQ
❓What prepaid cards work for online gambling?
Make sure that you read our guide to see which prepaid cards you can use at sports betting sites in the US. We will reveal which online sportsbooks and social casinos and sportsbooks accept these prepaid cards and walk you through the steps you need to take to make a prepaid card deposit. Plus we can even reveal what promos and bonuses you can get along the way!
🏈How does a virtual card for sports betting work?
We have found that it is very easy to use a virtual card at an online sportsbook. So make sure that you read our guide to see how you can put funds on a prepaid card and then use the card to make a real money deposit at a sports betting site. Perfect for anyone who wants a stress-free way to enjoy sports betting online!
💰Can I withdraw my sportsbook winnings to a prepaid card?
Be sure to check out our guide to see whether you can withdraw your winnings from an online sportsbook to a prepaid card. After all, while prepaid cards are well-known for helping you make fast and easy deposits, you will obviously want to be able to withdraw whatever you win. Thankfully our guide is here to show you what you can and cannot do with a prepaid card. If you are using a social sportsbook or sweepstake casino, you should check the prize redemption options available to find out if you can redeem to a pre-paid card.
🎁Can I get bonuses with prepaid card deposits?
Check out our guide to see whether you can get a sportsbook promo by putting down a prepaid card deposit. This is important as you often can’t use an ewallet like PayPal to put down a qualifying deposit for a sportsbook promo, and our guide will clarify whether the same is true for prepaid cards. Perfect for seeing what deal you can get with your preferred payment method.
💵 What are the prepaid card limits when gambling?
All online payment methods will have their own limits in terms of the minimum and maximum amounts that you can deposit and withdraw at an online sportsbook. So make sure that you read our guide to see what the minimum and maximum limits are for using a prepaid card for making deposits and withdrawals at online sportsbooks in the US.
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