Credit Card Sport Betting Sites

How to Bet With a Credit Card

It’s simple to place a wager using a credit card. You may have previously used your credit card to make purchases online. Using a credit card to place a wager is similar to making an online payment. The only difference is you make your payment to your sportsbook, which then allocates the money into your betting account.

Deposit With a Credit Card

Deposits made with a credit card are immediate and typically incur no fees. Moreover, no account with a third party is required to make payments. Some individuals prefer this option over e-wallets since you can use your card immediately on the website.

We’ve put together a thorough description of how to use a credit card to make a deposit. The procedure is similar for all bookies that accept credit cards.

Step 1:

Choose the option to deposit using a credit card by going to the ‘Deposit,’ ‘My Account,’ or ‘Banking’ page. Please be aware that to register the card, you must meet the minimum deposit.

Step 2:

Enter your deposit amount, according to the site’s deposit limitations, and your credit card information as it appears on the screen. Typically, you must input your card number, CVV, cardholder name, and expiration date.

Step 3:

Before you complete your purchase, tick the ‘Save Card’ box to store your credit card information. Click ‘Deposit’ to complete your transaction.

Step 4:

If the bookmaker makes use of two-factor authentication, you might need to perform an additional step. When it happens, the bank may request that you use your authentication device, email or message you an OTP, or make an automated call to confirm your identity.

Cash Out With a Credit Card

Credit cards are often not a feasible withdrawal option at online sportsbooks because they are mainly for making payments. Betting sites’ fee policies differ, but fees are usually minimal. These are the steps to withdraw or cash out using a credit card.

Step 1:

Go to the ‘My Account’ or ‘Balance’ section of your account and click on ‘Withdraw’ or ‘Cash Out.’

Step 2:

You often have to use the same card to withdraw that you used to deposit. However, if using your credit card is not a withdrawal option, select one of the options that is available and follow the instructions to complete your withdrawal. 

Step 3:

If using your credit card is a withdrawal option, insert the amount you would like to withdraw. 

Step 4:

Click ‘Withdraw’ or ‘Confirm’ to complete your transaction.

Limits of Credit Cards on Sportsbook Sites

As with any payment method, on any platform, there are certain limits that apply to credit card transactions.

Deposit Limits With Credit Cards

One of the biggest deposit limits for credit card betting in Nigeria is that not all credit card types are accepted by every bookmaker. You also may have limits imposed by your bank on the maximum amount that you can deposit at a time. 

The bookmaker you choose will also have minimum and maximum withdrawal limits related to this payment method that is imposed on all punters. You are also able to set your own deposit limits at most sportsbooks. 

This generally forms part of their responsible gambling initiatives and can be done through your account settings or by contacting customer support. 

Cash Out Limits With Credit Cards

One of the biggest limits that affects credit card cash outs is that not all banks or bookmakers accept this method for withdrawals. If it’s accepted, then you will have to use the same credit card that you used for your deposit.

Luckily, if this method is not available, you can select a different method to withdraw your funds. There are also limits with regard to the minimum and maximum amounts that you can withdraw. These can be set by your bank or by your chosen bookmaker.

Reasons to Bet With Credit Cards

One of the most flexible methods to play at online bookies is through credit card deposits. By using a credit card to place a wager, you have a lot of options for betting sites because they are so widely recognised. Here are a few more reasons for utilising this payment method.

Credit Card Deposits Are One of the Fastest Methods

Using your credit card to deposit money into a bookie account is almost as quick and easy as ordering anything from your preferred online store. Your real credit card contains all the information required to execute a purchase.

Credit Cards Are Universally Accepted and Very Secure

One of the most secure payment options on the market is using a credit card. This is perhaps the main reason why so many Nigerians utilise credit cards to make online sports wagers.

Credit Cards Have High Deposit and Withdrawal Limits

Compared to most other payment methods, credit cards have high deposit and withdrawal limits. This means that you don’t have to split your transactions like you often have to with other methods.

Do We Recommend This Method?

Credit cards are a terrific means of making deposits and withdrawal requests. Several bookies in Nigeria let you use credit cards for online betting. Check out our list of the top sport betting sites for players from Nigeria. 

There is no question that Visa and Mastercard credit cards are frequently used for online transactions. If you’re looking for a credit card in Nigeria, some of the commercial banks that offer credit cards are First Bank of Nigeria, Standard Chartered Bank, Zenith Bank, Gtbank, UBA and Stanbic IBTC.

Payments made with credit cards offer the most recent 128-bit encryption protection. Credit card deposits are made instantly. Withdrawals might take anywhere from 24 hours to seven days since your bank must independently check and authorise each transaction. 

Deposits and withdrawals with credit cards are often free. However, your bank could charge you and some bookies levy costs. The credit card deposit and withdrawal restrictions at sportsbooks vary.

Users who deposit money and bet with a credit card are eligible for almost all bonuses offered by bookmakers. Check out the alternative payment methods for online bookmakers if this is not a viable payment option for your online sport betting activities.