When it comes to betting sports online, the quickest, most convenient and cost-effective option is depositing by debit or credit card. The most popular credit card company in the United States is Visa, by a large margin. According to the Nilson Report, Visa cards made up just over 38% of the total credit card market and 60% of the debit card market[A] in 2015. This number has likely gone up since then.
- Does Bovada Take Mastercard Rewards
- Bovada Credit Card Deposit
- Bovada Credit Card Scam
- Does Bovada Take Mastercard Credit Cards
- Does Bovada Take Mastercard Card
- Does Bovada Take Mastercard Credit Card
- Bovada accepts deposits by major credit cards and Bitcoin. After creating an account you go to cashier choose the method and fill the details. In terms of credit cards, Visa is the best option, followed by Mastercard. Amex deposit not always accepted.
- MyPayLinq: This 'Virtual MasterCard' option has now been withdrawn, Bovada Deposit Options – Money Transfer Via Western Union. There are 1000’s of Western Union branches all over the country, and this method is a sure way to get your Bovada account funded using their money wiring service.
- After that credit card deposits will have a hefty 5.9% bovada fee for credit card processing. I don’t love the fees (and other books like BetOnline don’t have cc fees), but I don’t think it’s outrageous and I like the fact that they are not hiding it, it is clearly stated on the deposit screen.
Visa has an acceptance rate of anywhere between 60-80% given the time and period of deposit at major offshore betting sites. Some banks do not allow their customers to use their cards for online gambling, thus they decline cards sometimes. However, reputable online sportsbooks such as BetOnline.ag and Bovada.lv have the highest acceptance rates for Visa credit cards so we highly recommend them as our two top choices.
This means when a bettor reaches into their wallet to deposit into an online sportsbook, they will most likely be grabbing a Visa debit or credit card. For that reason, virtually every online bookmaker in the world offers them as a deposit option. But the ones with the most success at offshore sites are Bovada and Betonline, as mentioned previously. 5dimes lacks in their credit card department despite being a good sportsbook.
Depositing Using Visa
Depositing into an online sportsbook using your Visa card is simple. In the vast majority of cases, depositing with Visa comes with no attached processing fee. Deposits using any card are instant, and funds are immediately credited to player accounts.
Barclays credit card works, BoA credit card does not work, BoA debit card works. I also have never had a problem depositing funds into Bovada using my Paypal debit card. Bitcoin is the best way to avoid this problem as well as the deposit fees. View entire discussion ( 14 comments) More posts from the sportsbook community.
Banks and credit card companies may charge additional fees, usually a few dollars for international transactions. These won’t be covered by the sportsbook but are rare, especially when using Visa cards, compared to sportbooks that take MasterCard and American Express.
Using Visa to deposit money into an online sportsbook is no different than purchasing anything else online. Sportsbooks use a secure server to keep information confidential and secure. Entering your card’s information is perfectly safe, and your data will be encrypted.
If the first Visa card you pull out of your wallet deposits successfully, well, good for you. However, even though Visa does have the highest acceptance rate for major cards at online sportsbooks, many players have issues depositing.
If Your Card Is Declined
If your Visa debit or credit card is declined when you try to deposit, it isn’t a dead end. There are several possible ways to fix this.
First off, make sure you entered the information on your card correctly. It would be a shame to go through the trouble of finding a way to deposit when you simply have mixed up a digit on your card number.
![Mastercard Mastercard](https://www.mastercard.com.ng/en-ng/consumers/find-card-products/credit-cards/_jcr_content/contentpar/herolight_865623164/image.adaptive.767.high.jpg/1512461762448.jpg)
Does Bovada Take Mastercard Rewards
If your card is declined, one option is to call your bank or credit card company and try to have them allow the charge. Of course, you can’t tell them that you’re attempting to use the card for online gambling. Instead, explain that a recent purchase you tried to make didn’t go through. Many times they will unblock the merchant, and you will be able to process the transaction.
You can also try to use the card again in a few hours. Online sportsbooks use several different payment processors. Your card may work with one payment processor, but not work with another.
The support staff may also have access to other payment processors. If your card is declined, get in touch with support and see if they can run your card again on another processor. They will be eager to help you if possible.
If you’ve exhausted your options with your personal credit cards and haven’t had any luck, your best choice is to buy a Visa Gift Card. At sportsbook that accept Visa, these almost always are processed without fail. They can be purchased at just about any department or grocery store and at gas stations.
A Note About Credit Cards
We recommend that players try to use a Visa debit card instead of a credit card when depositing at online gambling sites.
Credit cards always have a risk of being processed as cash advances, which can result in bettors paying unexpected extra fees. Cash advance fees are usually between 3 to 5 percent of the amount processed and something we assume that most would want to avoid paying.
Legal Questions
We touch on the legality of betting in the US and other countries in our legal section[B], but for brevity, there is nothing illegal about depositing with Visa or anything other credit card to bet online.
When the UIGEA’s regulations became law in January 2009, banks and credit card companies were forced by law to block transactions related to internet gambling[C]. Many banks had already blocked online gambling transactions before this, but now they could be fined for failing to do so.
Enforcement has been ramped up since that time, but it’s still possible for a large portion of bettors to deposit via card without any issues. However, even in states where online poker is legal in the US, many have had issues depositing into state-regulated and licensed online poker and casino sites. This is most likely due to years of following regulations designed to stop online gambling transactions.
Withdrawing to Visa
Most sites don’t offer a withdrawal method back to a personal credit or debit card that players used for deposit. With the legal issues surrounding the UIGEA, it’s simply not practical to try and process cashouts back to players’ Visa cards. Chargebacks to credit and debit cards can also take up to a month to process in some cases.
In recent years, many offshore sites are now offering debit card withdrawals to cards issued by the sites themselves. The vast majority of these are Visa cards. These function, in the same way that your traditional debit card does except they can receive cashouts from offshore sportsbooks. They can be used at ATMs and to buy products both online and in person.
Visa In The Current Market
Visa card is by far the most widely used deposit option available to bettors. Based on the general lack of fees and convenience, this makes perfect sense. Bettors can load their account within seconds and are rarely charged a processing fee.
Bovada is the rare exception here. They charge players 4.9% fee on all Visa deposits. Those fees are quite steep considering this is their most convenient and only instant deposit method. However, players will receive a freeplay bonus on their first deposit, which helps make up for this fee.
Author: Joseph Falchetti
Copyright: OnlineBetting.com 2017
Copyright: OnlineBetting.com 2017
References and Citations
[A] – Visa Inc.
[B] – Country Specific Gambling Laws
[C] – New Internet Gambling Regulations Go Into Effect
How To Deposit And Withdraw From Bovada Quickly And Easily
Bovada, the US friendly site formerly branded as Bodog, have risen to become the biggest US sportsbook and casino site. They have a long standing reputation for great service and fast payments as well as a huge selection of games and different types of gambling. Part of this is that they have a great product, I particularly like their focus on recreational players – which keeps the games soft. Another part of their success comes from the fact that depositing and withdrawing are faster and easier than at any other site.
I’ll go through the different deposit options at Bovada Casino below. Starting with Credit Cards, which are working really well at the moment – then going through money transfer options which are very reliable, but do have a price. After that I’ll cover withdrawals, so you know in advance how you can receive those all-important winnings. Finally I’ll sum up with the key benefits you’ll get from playing at this site, including the bonuses.
Remember, whatever your deposit methods, you'll get the guaranteed best bonuses via these links:
Sports Fans: Start of with some positive vig with a 50% free bet, up to $250 value - biggest bonus via this link (new tab)
Casino Players: A massive 100% mached welcome bonus up to $3000 is waiting for you - use this guaranteed best bonus link (new tab)
Poker Fans: You'll find the biggest choice for US players (and very fishy games!) with a clever tiered welcome bonus scheme. See www.bovada.lvfor details (new tab)
Bovada Casino Deposit Options – Credit Cards (Visa or MasterCard)
This should the first option you try at Bovada. While there are still some cards being blocked, there are many more MasterCard and Visa cards which will allow you to deposit first time with no problems at all. If your main card gets refused, then try out that backup card – it might just be the one. Expect Bovada to charge around 5% to cover their processing fees (they need to use middlemen to make this happen), first time credit card deposits are free of charge.
Sometimes you will find that your bank has blocked all international transctions on your card which results in not being able to deposit. This can be checked with a quick phonecall, no need to mention that your intention is to make a deposit onto a gambling site!
Pre-Paid Visa: One more alternative is a pre-paid Visa card, these can be bought at convenience stores or gas stations. You'll need to speak with the (excellent) Bovada cashier support staff first to find out which brands are currently working, the brands to go for are the ones with international support. These have an excellent first-time success rate, though are not suitable for withdrawals.
MyPayLinq: This 'Virtual MasterCard' option has now been withdrawn,
Bovada Deposit Options – Money Transfer Via Western Union
There are 1000’s of Western Union branches all over the country, and this method is a sure way to get your Bovada account funded using their money wiring service. There is a downside though, the fees which can be between 6% and 15% of the total, depending on the amount you want to transfer. The fee gets proportionally smaller as the amount you send grows. Note that Bovada now refund fees on deposits over $300 using this method.
Bovada Credit Card Deposit
If you want to deposit using money transfer, you should create your account and then contact the excellent support staff to ask about your deposit. They will give you the code and name you need to transfer too – and the money should be reconciled and with you very quickly after you mail support with your transaction number. This method can now be used for withdrawals too.
Bovada Casino Deposit Options – Rapid Transfer Via MoneyGram
This is a similar service to WU, only cheaper – with the transfer fees closer to 5% to 10% of your total. MoneyGram also have offices countrywide (in fact, worldwide) and can take your cash then get it wired electronically very quickly. Again, I recommend you register your Bovada.lv account, then contact the staff for the next step… This is a great method to have available, though obviously not as cheap as a simple credit card transfer.
Bovada Deposits - BitCoin
![Bovada credit card scam Bovada credit card scam](https://www.cardrates.com/wp-content/uploads/2018/03/howlong2.png)
This is a more recent addition (a few years ago). You can now deposit using BitCoin, with your transfer instantly exchanged into US Dollars at the rate at the time of deposit. This used to be a tech / geek system, though is now very much the mainsteam. You will need to set up a Bitcoin wallet, and then fund it using your bank account / credit card. This is simple enough, and once you have a wallet up an running this can be used over and over for different deposits. Remember, if you keep your bankroll in your BTC wallet, you'll get to 'enjoy' the fluctuations in price, if you cash it out right away, then you can avoid any speculation and take full advantage of system as a deposit / withdrawal method - your call!
You will find a short video over at www.bovada.lv which takes you step by step through the process (which works for Bitcoin Cash as well).
Withdrawing From Bovada
Bovada Credit Card Scam
The number 1 withdrawal method is via check, and unlike many other casino sites these are free of charge (unless you want more than one per month). These are usually with you within 2 weeks, which is as good as it gets for any US site in 2020.
You can also withdraw via money transfer, back to your local Western Union office. You'll need to contact support before you choose this method, and there is a fee attached. The good news is that this is super-fast, you can usually pick up the cash within 1 to 3 days.
Bovada have a reputation for being fast and fair with their player’s withdrawals – it is one of the key reasons that this site grew to be the biggest US facing gambling operator! Caesars casino fan page. Bonanza vacation mode.
Bovada – Great Reasons To Play
This site have really focused on recreational players recently, running tons of promotions for smaller stakes gambling fans. Bovada also introduced slots and table games from a 3rd software house to go with their RTG and BetSoft titles. You can now enjoy Rival Gaming titles too. Combine this with great service, speedy withdrawals and a platform which includes a sportsbook and racebook too - and you'll see why this brand is considered the best out there.
Remember - You'll Bet The Best Current Bonuses Guaranteed When You Register Via These Links:
Poker Fans: You can claim a 100% welcome bonus, matched to your first deposit up to $1000 at Bovada.lv
Sports Fans: Start of with some positive vig with a 50% free bet, up to $250 value - biggest bonus via this link.
Does Bovada Take Mastercard Credit Cards
Casino Players: A massive 100% mached welcome bonus up to $3000 is waiting for you - use this guaranteed best link.
Does Bovada Take Mastercard Card
More Detailed US Gambling Site Articles
Does Bovada Take Mastercard Credit Card
- PaiWangLuo Poker (network which Bovada is a part of)