Like me, I’m sure you’ve tried a number of ewallets to make depositing to bookmakers easier without using your bank card.
Problem is that some of these ewallet apps look dated and are not as functional as you would like.
If so, MuchBetter betting sites might be the solution you’re looking for and well go though some of the benefits along with a list of bookmakers that accept this ground-breaking ewallet.
Here are the latest MuchBetter Betting Sites along with the new customer offers.
What are MuchBetter Betting Sites?
These are betting sites that accept payment using the MuchBetter ewallet. When you select MuchBetter as your preferred payment, you will be redirected to the mobile app to complete the transaction.
MuchBetter has several advantages over more traditional banking methods, which include:
Pros and Cons of MuchBetter
|Enhanced security with touch ID|
|Fast and Convenient
|One Tap Payment option
|Regulated by the Financial Conduct Authority
|No Deposit Fees
Which betting sites accept MuchBetter
Currently there are seven sportsbooks that accept MuchBetter payments, these include 888Sport, Royal Panda, Sportingbet, Bethard, Betway, Pinnacle and bwin. You will also need the MuchBetter app installed and setup before making a deposit.
Without a doubt, more bookmakers will be accepted on MuchBetter’s payment platform as it becomes one of the major payment providers in the mobile space. Now that we already have a few big names on board, expect to see more bookmakers joining soon.
in Free bets
Having used a few mobile payment apps over the years, I found the MuchBetter app very easy to use and navigate though.
The mobile app is quick to respond and making a payment can take just a few seconds using fingerprint ID to confirm payment.
For me this is 10 times more secure when making a payment than entering your card details. I’ll come to enhanced security later on.
Why MuchBetter betting sites are MORE SECURE than others
There are three HUGE advantages of using MuchBetter betting sites than using ones without ewallets:
1. Enter Cards Details Once
With MuchBetter, you only enter your card details once on the app, meaning that you no longer have to do this every time you open a new bookmaker account. This significantly reduces the odds of your banking details being compromised in case of any malware that could have ended up on your phone.
2. OneTouch Fingerprint ID
It also must be one of the fastest and secure identification methods available. So, if you are using a payment app, I would strongly recommend you use this over a PIN.
3. Dynamic CVS Authentication
MuchBetter has a unique dynamic CVS, (you know the 3-digit code at the back of your card). This makes hackers trying to steal your card details nay on impossible
Google Pay vs Apple Pay vs MuchBetter Comparison
How does the MuchBetter app compare to two the likes of Google or Apple Pay, two of the popular financial apps? Afterall if you’re reading this on a mobile, it’s likely that you are using either an iPhone or Android with mobile payment already setup.
Here is a comparison table to compare the features of each:
As you can see there is very little difference between all three of these payment apps and only real difference is branding and reputation. Both Google and Apple have a well trusted reputation that spans over decades, so you may be more comfortable using bigger reputable brands (especially when it comes to finance).
With that said, MuchBetter is registered with the Financial Conduct Authority (FCA) which means it has to meet the same stringent financial checks as Google, Apple and banks such as Halifax have to comply with.
Why use MuchBetter over Google or Apple Pay?
MuchBetter has a couple of advantages over Google and Apple Pay.
Currently, neither of the big two use dynamic CVS which to me adds enhanced security to your card and makes it very difficult to get hacked.
Secondly, having been through the process of setting up Google Pay on my phone, I can tell you it’s not an easy task and there are a few hoops you need to jump though before your bank authorizes this.
Finally, some banks have not been authorized by Google Pay meaning that you cannot even use the card with Google due the FCA regulation. In contrast MuchBetter is widely accepted by more banks and has more bookmakers that support this ewallet.
Is MuchBetter Legit?
MuchBetter has been approved by a number of financial authorities including the Financial Conduct Authority (FCA) in the UK. They require financial service companies such as MuchBetter to meet the same level of regulation and financial liquidity as some of the major banks.
MuchBetter Betting Sites – FAQ
There are no fees for adding funds to your sportsbook, but there are fees for withdrawing any winnings. These are generally commission charges provided by the bookmaker and a small transaction fee to transfer the funds.
Can you withdraw any winnings with MuchBetter?
Yes, you can withdraw funds back to your MuchBetter account, but you will be charged a small transaction fee for the process. The fee varies depending on your geographical location but is generally 1.5%.
So, for every £100 you will be charged £1.50. This is approx. the same you would pay for using an paid ATM.
What is the minimum amount you can deposit?
You can transfer from as low as £0.10 using MuchBetter, but most bookmakers have a minimum deposit requirement which ranges between £5-£10. Check your bookmakers terms and conditions which you will find underneath most promotions.
How fast are MuchBetter payments to sportsbooks?
Payment transfers are handled instantly. MuchBetter and your bookmaker or sportsbook will confirm the transaction on both sides and the monies will be electronically exchanged in an instant. So, you should see your betting balance updated.
Do you need to use the app?
Yes, unlike PayPal which has a web browser option, MuchBetter is exclusive to the mobile app only. But from there you can deposit and withdraw funds back into your bank account.
Do I need a debit/credit card to use MuchBetter?
MuchBetter deals with the facilitation of financial transactions, this means that they act as the go-between to transfer money. As such you will need a debit or credit card to initially add monies to your ewallet.
To be honest, MuchBetter is really no different to most of these other mobile ewallet’s such as Google Pay, so why bother using it?
Well unlike the big two, MuchBetter is accepted by a wide range of bookmakers, giving you greater flexibility and choice when it comes to using mobile payments with bookmakers.