How To Bet With MasterCard

MasterCard is a popular payment card used in Canada by bettors looking to fund online sportsbook accounts.

Below I will outline which betting sites accept MasterCard deposits, look at how to go about funding your account with MasterCard, touch on common issues that can arise when depositing with MasterCard, and detail how to see if your online sportsbook allows withdrawals back to your MasterCard.

Betting Sites Accepting MasterCard Payments

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All of our recommended online sportsbooks for Canadians allow you to fund your account with MasterCard.

How To Deposit With MasterCard

Select the ‘Deposit’ banking option when logged into your online betting account and choose ‘MasterCard’ from the list of deposit options.

You will have to provide the following information to fund your account with MasterCard:

  • Name on MasterCard
  • Card Number
  • CV2 Digits
  • Expiry Date
  • Billing Address
  • Deposit Amount

After entering the above information, select the ‘Deposit’ button to confirm the deposit.

Here is a screenshot of the credit card (MasterCard) deposit page at (screenshot from 2024).

If the MasterCard deposit is accepted the funds will be available in your account within minutes.

MasterCard Debit

MasterCard Debit cards are generally accepted through the typical MasterCard Credit/Debit card deposit method. The MasterCard will still need to have a three-digit CVV security number to be accepted.

Was Your MasterCard Deposit Declined?

There are a few reasons why MasterCard deposits typically get declined.

  • The details were entered incorrectly.
  • The MasterCard is expired.
  • The name on the MasterCard doesn’t match the name used for your betting account.
  • You have exceeded your credit limit (Credit Card) or there are insufficient funds to make the deposit (Debit Card).
  • The financial institution that issued your MasterCard does not authorize online betting transactions.

If you’re having issues trying to deposit with your MasterCard, I suggest using Interac.

Possible MasterCard Fees

There are not usually fees associated with MasterCard deposits at betting sites. That said, I have heard of financial institutions charging cash advance fees for MasterCard deposits at betting sites on some occasions. If this occurs, I suggest contacting your MasterCard issuing bank.

How To Withdraw With MasterCard

Withdrawals back to your MasterCard are accepted at some online betting sites. This is generally an option for debit and prepaid MasterCards, but it’s also available for credit cards at some sportsbooks. You should check the FAQ for MasterCard deposits and withdrawals at the sportsbook you are using to see their rules for MasterCard withdrawals.