Forget everything you knew about online payment options that you can use to top-up your betting account. MuchBetter is the smartest payment app designed exclusively for iGaming. On MuchBetter betting sites, you’re getting instant deposits, free of charge transactions, multiple ways of topping up your account, fast withdrawals and even special bonuses.
Besides all that, using MuchBetter is pretty straightforward, as all you need is your smartphone and the app. Therefore, you’re not required to remember different passwords like you do with other payments. To make the most of your activity, we cover every part like:
ᐉ An up-to-date (2023) list of MuchBetter bookmakers
ᐉ A detailed description of using the wallet and depositing to your preferred bookmaker
ᐉ All the benefits and shortcomings of MuchBetter betting sites
Best betting Sites with MuchBetter
There are many different bookmakers payment methods, but at the same time, multiple reasons that make MuchBetter look like a good choice. Below we’re giving you a hand-picked list of betting sites with MuchBetter that also deliver high odds, great bonuses and quick payouts.
How to bet with MuchBetter
Signing up to MuchBetter will not take you more than a few minutes. Then you will be able to top up your account and start betting.
- Visit the iOS or the Google Play store and download the app
- Click on 'Sign Up' and enter your mobile phone number
- You will receive a text message as confirmation. Click on 'Validate'
- Choose a 4-digit passcode
That was all. You can go to your top MuchBetter bookmaker and select 'Deposit', choose MuchBetter as a payment option and enter the desired amount. Fill in your mobile number connected to the app and confirm the payment. Your betting account will be instantly topped up and ready for your wagers.
Can I withdraw when betting with MuchBetter?
Withdrawals are as easy as deposits are when you choose to use MuchBetter for your betting activity. All you need to do is to follow the upcoming steps.
- Enter your desirable bookie
- Go to Withdraw option
- Choose MuchBetter as your payment method
- Fill in the amount that you want to withdraw
- Fill in your mobile phone number
Done. The procedure has been completed. Generally the amount will be available on your account within 3 to 5 working days.
Is MuchBetter legal and safe?
MuchBetter is a member of the Electronic Money Association, MIR Limited UK Ltd. At the same time, it is licensed and regulated as an Electronic Money Institution (EMI) by the UK Financial Conduct Authority (FCA). Moreover the company holds a license by the Romanian National Office for Gambling (NOG). So, it is 100% legal to bet on MuchBetter betting sites.
Regarding safety, your account is paired with your phone mobile device and if you try to enter from another device you will get a notification. Also you need to fulfil your password anytime you want to enter your account. For the maximum level of security users can set also a touch ID procedure.
Benefits of MuchBetter bookmakers
There is no shortage of reasons for selecting MuchBetter as your payment method since it has gained much popularity in the betting community. Reliable operation, bonus eligibility and confidentiality stand out among the most critical factors of selecting it.
✔ Quick verification process: Going through the KYC procedure isn’t something punters enjoy. With MuchBetter, this process is simple, as the bookies will only ask you for your mobile number and a 4-digit password to verify your identity.
✔ No restrictions on claiming bonuses: Some online bookmakers do not offer a sign-up offer as long as the deposit is made via an e-wallet. With MuchBetter, bonus is no longer an issue as you can claim all the deals offered by bookies.
✔ Confidentiality in betting activity: As long as you deposit on MuchBetter betting sites, no gambling activity will be shown in your bank statement.
✔ Free Mastercard: With the MuchBetter debit card, you can easily convert a withdrawal instantly into cash at the ATM, or pay at millions of locations. Be advised that only punters inside the EEA can request the Free MasterCard.
✔ Reliability: As it uses the latest technology in encryption and security, you can rest assured that your funds are always safe.
Drawbacks of betting sites with MuchBetter
The perfect payment method has yet to show up. Hence there are some disadvantages here as well. Payment charges, not so quick withdrawals and limited availability could make a player look elsewhere.
❌ Payment fees: Depositing on betting sites with MuchBetter can have a fee up to 5% if made with a credit/debit card. On the other hand, withdrawals to bank accounts will be charged with 2.5%.
❌ Not widely available: As a relatively new payment method, there is a shortage of betting sites with MuchBetter. However, more appear in the market, and that soon will not be an issue.
❌ Smartphone required: Every transaction has to go through the app, so you have to keep your mobile phone with you to control your account.
❌ Withdrawals can delay: It is not uncommon for payouts to take up to 5 business days to reflect in your account. That can be uncomfortable to high rollers as fast payouts are paramount.
❌ Lack of some payment options: Using Skrill, Neteller, or Paysafecard directly to add funds to MuchBetter is not an option for the time being; nonetheless, you can use direct bank transfer to do so.
What are the MuchBetter fees?
Like any other payment method, there are some fees for betting with your top MuchBetter bookmaker. First, depositing with a credit or debit card can levy a fee up to 5%, depending on the card and your region. It is worth noting that topping up your account with a bank transfer is free.
Regarding withdrawals, payments to your bank account will have a 2%-2.5% charge. Currency conversion again has a fixed charge of 0.99% for USD/EUR/GBP. Other currencies have varying fees.
MuchBetter restricted countries
Like all payment methods when it comes to country acceptance, there are some limitations with MuchBetter as well. Nevertheless, it has an impressive reach in more than 150 countries, with the exclusion of: USA, Afghanistan, Burma, Crimea, Cuba, Eritrea, Ethiopia, Guinea Bissau, Iran, Iraq, Kyrgyzstan, Libya, North Korea, Somalia, South Sudan, Sri Lanka, Sudan, Trinidad & Tobago, Tunisia, Vanuatu, Venezuela and Yemen.
Alternatives for betting with MuchBetter
In case you live in a non serviced country, or you want to have an additional banking option, there are some alternatives to MuchBetter betting sites. From wallets to more traditional options like credit cards, you will have no shortage of funding methods for your betting account.
MuchBetter vs Neteller
Neteller is a popular wallet and most of sportsbooks accept transactions through it. A significant drawback is that players who bet on Neteller bookies are usually excluded from welcome bonuses and offers. MuchBetter bookmakers have an advantage on this since bettors can claim any offer. Regarding fees, funding your Neteller account come with fees up to 4.95%; when depositing through Mastercard, Maestro & Visa and 7% through Paysafecard. Transferring an amount to your bank account is also coming with 2.5% fees.
MuchBetter vs Skrill
When we talk about Skrill, we discuss one of the top choices for depositing when betting online. Most bookies accept it and it operates almost globally. Instant transactions, low fees and under-the-radar betting activity are among its significant perks. However, you can not claim a welcome bonus when you deposit on most Skrill bookmakers. When you transfer an amount to your bank, there is a charge up to 7.5% per transaction, depending on your bank. At the same time, the Skrill Prepaid Mastercard has a cost of €10 to obtain and is not available in some countries.
MuchBetter Mastercard and betting
Besides being the world’s first payment option designed with online betting in mind, MuchBetter also thought of the punters that choose bookmakers on which it is not yet implemented. MuchBetter MasterCard is the answer to all their questions. Every MBetter user can request a free card as long as it has been topped up with at least €30.
The MuchBetter Mastercard has a dynamic CVV to prevent credit card fraud. A convenient feature of activation and deactivation straight through the app and lots of other functions to give you full control over how you use it and how much you spend.
Users can order the Free Mastercard from MuchBetter within the EEA area, the European Economic Area that includes all the countries within the EU + Switzerland, Iceland, Liechtenstein and Norway.
The final word on MuchBetter betting sites by Book Spy
Thanks to a unique commercial model, fraud prevention functionality and global reach, MuchBetter has all the requirements for becoming one of the top payment options for punters. The start looks promising as they were nominated for lots of awards in both the financial and iGaming industries.
The main challenge for the future remains to make MuchBetter betting sites available at a wider range. Then players will be able to deposit using the app directly without making use of the Free MasterCard. Also, fees can be exorbitant to high rollers and that pertains to both deposits and withdrawals. Either way, we’re sure we’ll be hearing a lot from MuchBetter shortly. It could be a challenger to the dominant wallets such as Skrill and Neteller.
Complete list of bookmakers with MuchBetter
It is an innovative wallet that allows you to transfer money quickly and safely. It has become popular in countries like the UK, Germany, India and Canada catering to bettors.
Betting sites with MuchBetter expand rapidly. Prime examples are 888sport, Betiton and Mr. Play. As it is a relatively new banking method, the list of bookmakers that accept it proliferates.
At the moment, bet365 does not accept payments with MuchBetter. However, due to growing popularity, that might change in the future as bet365 likes to offer a variety of banking methods.
You can reach the company by email at email@example.com or visit the Help Desk on https://support.muchbetter.com/hc/en-us. Questions can also be asked to Twitter, Facebook and Instagram pages of MuchBetter.
Choose 'Withdrawal' on your favorite top MuchBetter bookmaker, enter the amount, and select MuchBetter. Then fill out your mobile number connected to your MuchBetter account. The funds will reflect in 3-5 working days.