American Express ιs a company based in New York, founded in 1850. It currently operates in more than 100 countries. AmEx introduced the first charge card in the 1950s, in 1966 followed the first gold card and in 1984, the first platinum. Betting with AmEx comes with some benefits for the players. American Express betting sites offer quick and easy deposits and a high level of security.
The card is prevalent in the US and many bookies in the country accept it, while it is also used widely in the United Kingdom, Australia and Canada. The eligibility to grab a welcome bonus or any other promotion. A user can send money to a friend with almost zero fees. In the following AmEx review, you can explore further every aspect of betting with this method, such as:
- An up-to-date (2022) list of American Express bookmakers
- How to use AmEx when betting online
- All its pros and cons
Best American Express Bookmakers (2022)
Among the multiple AmEx bookies, we have selected the top-rated ones and tested them in security and reliability. They offer low fees, high odds and multiple markets to bet. Check the following sites and find the ones that better suit your betting needs.
Why should you bet on AmEx betting sites
Τhere are specific advantages when a player chooses to deposit with an AmEx card. Quick transactions and eligibility to claim promotions are just some of its main perks.
Eligible for the welcome bonus: When depositing with AmEx, you can claim a welcome bonus or any other kind of promotion most of the time.
Dedicated mobile app: Availability to deposit on your American Express betting sites when you are on the road. AmEx mobile app provides this possibility and it is available for both iOS & Android devices.
Refer a Friend program: When you refer a friend, both of you will grab a reward. No matter what card your friend chooses, you will get a bonus on your account. Υour friend will receive a welcome offer amount too.
P2P transfers: AmEx allows users to send money to a friend or another member quickly and simply. This can happen through the service SEND & SPLIT. The company cooperates with Venmo and PayPal allow transfers without the standard fees. However, PayPal may charge a small fee when sending money to non-US residents.
24/7 customer service: It makes users feel safer when there is a 24/7 customer support team available. AmEx support can be contacted through live chat, as well as through email and phone.
Deposit on Offshore betting sites: Most of the offshore bookmakers accept deposits with AmEx. Players can take advantage of many promotions and have low charges on their winnings.
Drawbacks of betting sites that accept AmEx
American Express also has some drawbacks like any other payment option. High fees, the possibility of rejection on your deposit and withdrawal on restrictions are only some of them.
❌ Not many bookies accept it: It can get hard to find American Express bookmakers outside the US. Even though the payment operates in more than 100 countries, not many bookies accept it. The United Kingdom, Australia, and Canada are countries where you can find betting sites that accept AmEx.
❌ Higher minimum deposit limits: When using a credit or debit card to deposit (i.e. Mastercard, Visa, UnionPay), in most situations, the minimum deposit is $10 (or currency equivalent). With American Express, many bookies set the minimum deposit at $20.
❌ Withdrawal restrictions: A significant drawback of the payment is that transactions with American Express betting sites could only be made one way. Players can not withdraw any amount and need to find an alternative payment method.
❌ Possible rejection or delays on your deposits in the US: Due to the UIGEA (Unlawful Internet Gambling Enforcement Act) of 2006, sometimes your transactions could be denied, rejected or delayed. This is a significant disadvantage for players who prefer to bet on live events and want to deposit quickly.
❌ High Fees & Charges: You may need to pay an annual fee when holding a specific type of card. Moreover, AmEx charges high fees for international transactions, so your transfers could have an extra cost ranging from 3,5% to 9% when you play on international bookies.
❌ Not every type of AmEx is accepted: There are multiple AmEx cards, but not all are available on betting sites. Most of the time, you cannot use Corporate Cards, Bank Co-Branded Cards, and Small Business Cards.
We have now taken a look at every side of betting AMEX. In the upcoming chapters, you will find more information about how to deposit on a bookmaker and why it is legal and safe to bet with AMEX.
Is American Express legal and safe for sports betting?
The American Express Company belongs to American Express Travel Related Services Company, Inc. The parent company holds a bank license under the Bank Holding Company Act of 1956 and the supervision of the Board of Governors of the Federal Reserve System. Many licensed American betting sites accept deposits with AmEx in states where online betting is regulated, like New Jersey and Pennsylvania. Most of the offshore bookies which hold an international license also accept deposits with American Express.
Regarding safety, AmEx uses encryption technology to protect users information and any type of transaction. Moreover, the card identification number (CID), a 4-digit number, offers extra security. To authorize payments to American Express bookmakers, it is necessary to provide this number.
How to deposit on gambling sites that accept American Express
It is pretty simple to deposit with your AmEx card. All you have to do is to follow the upcoming steps:
- Log in to your favorite bookmaker
- Click on the deposit button
- Choose AmEx card as your payment method
- Enter your card’s details (number, expiration date, CVV)
- Fill in the amount you want to deposit
- Click confirm to complete the process
That’s all. The amount will be available at your betting account within the next few minutes. As we have mentioned before, you need to remember that some types of AmEx cards are not accepted for gambling activity.
Can I withdraw from sportsbooks that accept American Express?
We have discussed AmEx's biggest drawback. Players are not able to proceed with a withdrawal when betting with the card. So, they have to find an alternative. Especially for US residents, person to person is the most recommended method because of its low fees. Also, it is possible to ask for a check by courier, especially for large amounts. In this case, some bookies offer one free withdrawal per month or even more. However, the process is time-consuming and can take from 2 weeks to 30 business days.
It would be a suitable solution for international players to try and withdraw through wallets like Skrill or PayPal. Most AmEx betting sites will proceed with the withdrawal request only if players have used the same payment method in the past.
Which are the AmEx card types
There are multiple types of AmEx cards. More specifically, at the moment, the company provides 18 different types of cards. Nevertheless, sports betting sites that accept American Express may reject some of them. Below you can find every type of card.
Platinum Card, American Express Gold Card, Blue Cash Preferred Card, Blue Cash Everyday Card, Delta SkyMiles Gold American Express Card, Delta SkyMiles Platinum American Express Card, Cash Magnet Card, Amex EveryDay Credit Card, American Express Green Card, Hilton Honors Card, Amex EveryDay Preferred Credit Card, Delta SkyMiles Reserve American Express Card, Delta SkyMiles Blue American Express Card, Marriott Bonvoy Brilliant American Express Card, Hilton Honors American Express Surpass Card, Hilton Honors American Express Aspire Card, Blue from American Express, Serve from American Express.
Are there any fees or limits
High fees are a significant disadvantage when depositing on American Express betting sites. Firstly, holding an AmEx card may come with an annual fee depending on the type of card. Only six of them don’t apply such a charge.
When depositing on a bookie, you may have to pay some fees. On international bookmakers, fees could be up to 9%, which is extremely high compared to other methods. Also, when you transfer funds to a friend, you may both pay a small fee if the recipient doesn’t reside in the USA. Ιf you’re going to fund your wallet, like Skrill, there is a charge of 1.9% per transaction; while with Mastercard and Visa, it is only 1%. AmEx is not always accepted by merchants out of the US and you may have a hard time using it.
Regarding limits, typically, the minimum deposit limit is $20 on most bookies. Τhe maximum limit varies. Withdrawals are not available, so you need to find an alternative that may come with some extra charges.
How AMEX matches up with other payment methods
Even though we discuss a reliable payment option and a worthwhile choice for bettors, it is also good to look at alternatives.
AmEx vs Mastercard
Mastercard is one of the biggest card providers around the globe. It is easy to find Mastercard betting sites since the payment operates globally. At the same time, you can claim any new offer or promotion. From another perspective, Mastercard comes with shortcomings since your betting activity is monitored and the payouts can be slow. Also, in some countries, you can not use your Mastercard to fund your Skrill wallet for betting activity.
AmEx vs Visa
Visa was founded in 1958 by the Bank of America. Visa betting sites come with many benefits, like universal acceptance. Also, using Visa means that you can fund your wallet (Skrill, Neteller etc.) and choose to have your betting activity through it. Nonetheless, withdrawals can be delayed and take up to 5 business days. Ιn some cases, you may have to pay some extra fees on your transactions, depending on your bank.
AmEx vs PayPal
PayPal is one of the most famous wallets and a top choice for online bettors. Welcome bonus availability, high-security features and an easy to handle mobile app are some of PayPal bookies main perks. On the other hand, there is no VIP program and the customer support can be slow since there is no live chat available.
Is it worth it betting with AmEx
AmEx has been around for many years and millions of people have trusted it for their online payments. American Express bookmakers allow player-to-player deposits and eligibility to claim welcome offers, as well as multiple promotions. Still, it is hard to find bookmakers that accept it, especially outside of the US. Τhe method comes with numerous and high fees, a significant disadvantage compared to other payment options.
To sum up, American Express betting sites could be a suitable option for recreational bettors. Player-to-player transfers, reward programs and an easy to handle app for betting when on the road are some of the payment’s advantages. However, limited availability at bookmakers and withdrawal restrictions are some major downsides. So, if you are a player that prefers the traditional payment options, I would suggest Mastercard or Visa instead of AmEx. For professional players, in particular, wallets, such as PayPal or Skrill, are by far better choices to make the most of your betting activity.
Complete list of sports betting sites that accept American Express
Player to player transfers, an innovative mobile app and the possibility to claim any new offer when depositing with AmEx are excellent features. Go ahead and pick your betting sites that accept AmEx to make the most of your betting activity.
The answer is yes. American Express operates in more than 100 countries around the globe. It is more prevalent though in Australia, Canada and the United Kingdom.
Yes, AmEx has a 24/7 customer support service. Users can connect with the support team through live chat, email or phone.
Yes, AmEx provides 18 different types of cards and credit, as well as debit cards, are among them. However, not all of them are accepted by bookmakers. Users can choose the one that better suits their needs.
Yes, American Express has a user-friendly mobile application that is available for iOS and Android devices. Players can easily download the app for free and make the most of their betting activity from there.
The ‘Refer a Friend’ program is a reward program for AmEx users. You can send a referral link to a friend to obtain a new AmEx card and so you and your friend will earn a bonus.
Yes, you are able to use your American Express card to deposit on William Hill. Nevertheless, since AmEx doesn’t allow withdrawals, you need to find an alternative to withdraw your winnings.
Again, the answer is yes. Bet365 accepts deposits with AmEx but not in every country. Also, many bookies don’t take every AmEx card; so, be sure that your card can be used for gambling.