Visa betting sites accept the most popular credit card on the planet
Not surprisingly, it is also a frequently used payment method among sports bettors when theyâre making deposits. Given Visaâs international presence, as well as their ubiquity on the prepaid card market, theyâre a go-to option for anyone gambler looking to complete fast and secure transactions.
And as luck would have it, weâre about to break down everything you need to know about using your Visa card at sportsbooks around the world.
Why should you bet with Visa?
We selected the best Visa betting site for USA and Canada. We are also reviewing the best Visa bonuses, lowest fees and fastest transactions.
Sports bettors often only think about the fees charged by their online gaming site. They know they may have to pay a percentage rate to process a transaction by credit card, be it 3 percent or 6 percent. What they often donât realize is that their credit card issuer may also assess a surcharge for deposit transactions.
This happens all the time with sportsbooks, because for most, theyâre deemed international transactions. And since companies have to jump through more hoops to regulate those, theyâre inclined to charge a fee of the entire purchase (or in this case, deposit) to process it. Visa is no exception. Many of their cards donât have foreign transaction fees, but others will charge you as much as 3 percent of the entire kaboodle to complete a deposit.
Itâs important to find out whether your card will hold you to such a fee. You can find out by logging in to your online account or calling customer service. If youâre in the market for a new Visa card, you can also scan their extensive list of credit options to see which ones donât charge fees on international transactions.
If you donât already have a Visa card, getting one is super easy. Once you visit their webpage, youâll be presented with a list of all the different cards they offer. Peruse all the options, figure out which oneâs best for you and then select âApply now.â The entire process, including your credit check, shouldnât take any longer than five minutes.
Typically, weâd spend some time talking about how you need to find sportsbooks that accept Visa cards first. Thereâs no need for that here. If they accept credit cards, they take Visa. Theyâre that popular.
Setting up deposits from there is a literal cakewalk. You just have to select Visa as your preferred payment method, enter all your card information, choose how much you want to deposit, confirm any fees that may be charged and presto! Youâre done. The money should be in your sportsbook purse from the moment you receive your confirmation.
Here are our top-five sites that accept Visa as a valid deposit method:
Every sportsbook will offer you the chance to save your Visa card information within your account for the next time you make a deposit. If youâre comfortable doing so, and if the card isnât about to expire, we strongly recommend it. Storing that information with your online gaming site cuts down the time it takes you process future transactions by a boatload. It may legitimately take you only a couple of clicks to completely fund your account.
Betting with your Visa card should be all about doubling up on bonuses. What do we mean by this? Well, itâs twofold.
Most obviously, you should be on the prowl for sportsbooks offering deposit match bonuses. Around 50 percent of your first deposit is the standard, but some sites will offer anywhere between 100 percent and 150 percent, though they may roll that money out over multiple transactions. Regardless, when youâre on the hook for deposit fees (from the sportsbooks) and potentially withdrawal fees (depending on your preferred payout method), itâs important to recoup some of that money through your initial deposit.
The second part of this has more to do with your Visa card itself. You are most likely enrolled in some sort of rewards program, in which you build up points or miles that you can redeem for goodies and statement credits later. You will earn points or miles when making sportsbook deposits. So, if youâre thinking about making a sizable start-up investment, using your card is a good way to go.
And if youâre also capitalizing on a sportsbookâs deposit bonus in the process, youâre successfully rewarding yourself from two different angles.
Sportsbooks transactions are inherently secure these days, because they have to be. Online gaming sites are taking in and paying out truckloads of money everyday. They wouldnât stay in business if they werenât able to protect your funds.
Visa, of course, sweetens the pot with their own security. They will alert you to potentially fraudulent charges, and you have the option of setting up your own security preferences so that they email you or call you to confirm large transactions or when your monthly statement reaches a certain dollar amount.
To nutshell it all: The Visa betting experience is as safe as it gets.
Accepted Basically Everywhere
Best of luck trying to find a sportsbook that doesnât accept Visa. Theyâd have to not take credit cards at all for it to be possible. This is great news for gamblers who want to manage multiple accounts across a few different sites while using the same payment method every time.
Figure Out Another Withdrawal Method
Sportsbooks do not usually send payouts back on to your Visa card, so you will need to have another method of payment set up. For the fee-conscious, we always recommend bank transfers, since those are both quick and will often not include a fee.
If youâre reticent about providing that information to your sportsbook, you can set up an e-wallet or request a payout by courier check or wire transfer. Just know that each of the aforementioned three methods will most definitely include a surcharge.
Take Stock of Your Credit Limit
Online gamblers can do themselves a huge favor by remaining aware of their credit limit. The higher your limit, the more money you can afford to deposit. But itâs also important to keep track of other transactions on the card. Unless youâre using your Visa card to bankroll your sportsbook account and nothing else, chances are youâll have money from other purchases and registrations on there.
Before making a deposit, always check and see how much of your credit limit is left. If you attempt to go over it, youâll have your deposit rejected by your sportsbook and could incur a charge from your credit card company.
Itâs also a good idea to check the deposit limits on credit card transactions at your preferred site. Many cap them at $2,500 or less and will only let you make one drop per day. If youâre looking to deposit larger sums of money, then youâll want to choose a sportsbookâsuch as Bovadaâthatâs prepared to accommodate such steep amounts. These higher-than-normal transactions may have to be done over the phone, but they are definitely possible.