Mastercard is widely used as an option to deposit and withdraw money at online casinos. Although mastercards are fast, easy to use and convenient when making transactions online this is not often the case when it comes to casinos. When you compare Mastercards and visa to other banking options like e-wallets both have advantages and disadvantages which we will explain in more details below.
With a MasterCard you have obviously got the option to take out cash on credit, this might be an advantage to many of us however it can also be catastrophic for your bank balance if you have a problem with gambling, playing with money you don’t actually own can be a slippery slope. In this case it’s best to use voucher as you can only spend the amount the voucher is worth or even e-wallets in order to handle your gambling budget and keep it separate from your bank account. Another disadvantage is the transaction fee casinos charge in order to use Mastercard.
When it comes to withdrawals with Mastercard it can take 3-5 days, which is relatively slow, compared to e-wallets that can process withdrawals within hours.
When it comes to playing at a casino Mastercard has a lot of disadvantages compared to other banking methods. Another common problem is Mastercard not allowing you to deposit cash at certain casinos, which can be incredibly frustrating. Therefore if you enjoy playing a different casinos on a regular basis it is advised to use an alternative method to deposit and withdraw your money faster, cheaper and without any problems. Also it’s always good to keep your gambling money aside from your savings and every day money. An e-wallet and voucher gives you that option as you can set your limit, transfer the money you can afford to spend and not go over that limit.
If you are willing to stick with Mastercard and want to deposit to an online casino you could try the casinos listed below as you might have problems with other casinos.