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The Grueling Truth - Where Legends Speak / Best Payment Methods for Betting Sites / Best Betting Sites That Accept Prepaid Cards in 2024

Best Betting Sites That Accept Prepaid Cards in 2024

Last Updated on 12/03/2024
Fact checked by: Simon Briffa

Looking for betting sites that accept prepaid cards? Look no further. Our experts at The Grueling Truth have gone above and beyond to deliver the top-rated sportsbook that allows controlled spending through the use of prepaid gift cards.

There’s nothing better than a safe and secure online betting environment, and that’s all possible thanks to prepaid cards that control your online betting budget with a predetermined limit. If you’re wondering whether that’s the right choice for you and where to start, we’ve got you. Go through why we think prepaid cards make the most convenient and cautious choice.

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Compare Leading Betting Sites Accepting Prepaid Cards in 2024

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FanDuel
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4.5/5
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Prepaid Card
Prepaid Card accepted
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Best prepaid betting sites compared

To deliver the best online sportsbooks with prepaid gift card payment methods, we tested all of the operators ourselves to ensure you get the bang for your buck. So, here’s what you can expect:

Sports Betting SitePayment MethodMinimum DepositWithdrawal Waiting TimesFeesWelcome Bonus
BetMGM
  • BetMGM Gift Card by TAPPP
  • GameOn Gift Card
$10N/ANo for TAPPP, Purchase fees for GameOnUp to $1,500 back in bonus bets
BetRiversGameOn Gift Card$20N/APurchase feesGet a second chance bet up to $500 in bonus bets
DraftKings
  • DraftKings Gift Card
  • Electronic Gift Card
  • GameOn Gift Card
$20N/ANo for DK & Electronic, Purchase fees for GameOnGet $150 in bonus bets
FanDuelGameOn Gift Card$20N/APurchase feesBet $5 and grab up to $150 in bonus bets if your bet wins
Fanatics SportsbookFanatics Gift Card$10N/ANoUp to $1,000 in bonus bets
CaesarsCaesars Gift Card$20N/ANoUp to $1,000 in bonus bets if your first cash bet loses
Resorts World BetGift Card$20N/ANoUp to $25 TKO Insurance on UFC Fight Nights

BetMGM – 4.8/5 ⭐️

As one of the top online sportsbooks for US players, BetMGM has a lot to offer. New bettors can score up to $1,500 in bonus bets if their original bet loses as their welcome bonus. On top of that, each betting gift card comes with a $10 deposit bonus with a 5x wagering requirement on sports wagers made at odds of -200 or longer. Note that you cannot withdraw any funds won with the additional bonus, but just use it as bonus funds on the site.

The catch when using a prepaid gift card comes with the maximum deposit limit, as this BetMGM card cannot be topped at more than $500. This means that you cannot get the maximum bonus bet welcome bonus back if you have a bad losing streak. That shouldn’t stop you from utilizing the card if you get one and get the most out of it, however. There’s also the option of a GameOn gift card with a $400 max limit.

BetRivers – 4.7/5 ⭐️

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Although you won’t find a GameOn gift card promoted directly on the BetRivers sportsbook site, you can still use one. We checked with customer support and got word that purchasing a GameOn card with a BetRivers logo is the only way to go when it comes to prepaid options. You can get it for a maximum of $400 or less and use it on the welcome bonus of up to $500 in bonus bets.

However, note that you might get a smaller welcome offer depending on the state you’re located in. For example, New Jersey bettors can claim up to $250 in bonus bets. There aren’t any other particular restrictions when it comes to the welcome offer and using a sportsbook gift card, but we’d like to see the promotions be more inclusive.

DraftKings – 5/5 ⭐️

DraftKings takes the cake with three prepaid gift card options available to bettors. There’s a dedicated DK gift card that you can buy for either $25 or $50 without an expiration date. Another option is the now standard GameOn gift card with a maximum $400 limit and applicable purchase fees. The last option allows you to purchase an electronic gift card backed by Mastercard, Visa, or Discover.

And with a bet of $5 or more, you can claim the welcome bonus of $150 in bonus bets in case your first bet slip loses. What we appreciate is that DraftKings offers well-rounded customer support that specializes solely in gift cards so you can get all the information you need in the blink of an eye.

FanDuel – 4.7/5 ⭐️

A well-known and reputable name in the sports betting industry, FanDuel offers bettors the opportunity to create bet slips by using GameOn gift cards. The same rules that apply to other sportsbooks that permit GameOn gift cards as a deposit method apply at FanDuel as well. However, the sportsbook notes that you should use slightly less than the balance on the card and keep an eye on any currency exchanges if depositing from abroad.

The sportsbook does things a bit differently in terms of the welcome bonus and awards players who win their first bet with up to $150 in bonus bets. All you need to do is bet a minimum of $5 and do not cash out your winnings until you get the bonus bets awarded.

Fanatics Sportsbook – 4.8/5 ⭐️

Fanatics Sportsbook shines with its own gift cards that you can buy either physically or online and use for online sports betting. They come in denominations of $10, $20, $25, $50, $75, $100, $150, $200, $250, and $500. On top of that, they never lose value or have an expiration date so you can use them as you wish at your own pace.

You’ll need to download the Fanatics sportsbook app to claim the welcome bonus of up to $1,000 in bonus bets. You’ll have to bet $100 to get $100 every day for 10 days. Also bear in mind that you’ll need to bet with minimum odds of -200 to qualify for each day’s bet match. Make sure you double-check the available bonus for each state as it may differ.

How to deposit with gift cards

Depositing using sports betting gift cards is not that complicated as it follows a similar process to credit and debit card depositing. However, I’ll still take you through each step so there’s no confusion:

  1. Purchase a gift card or use one you receive as a present.
  2. Go to the sportsbook of your choice or pick one from our list.
  3. Create a new account (if you don’t already have one).
  4. Make the first deposit by going to the Cashier/Banking section.
  5. Choose your selected payment method, in this case – a prepaid gift card.
  6. Follow the steps by filling in all the empty fields, including the card’s ID number.
  7. Choose how much you want to deposit, following the card’s limits.
  8. That’s it! You’re now ready to create your first bet slip.

How to withdraw with gift cards

Unfortunately, requesting withdrawals with gift cards is not possible. You won’t find online sportsbooks that have this option as it is not manageable due to the sports betting gift card’s functionality. Namely, these gift cards are treated only as prepaid cards and can be used only in the amount noted on the card for online deposits. Once your balance hits zero, you can simply get rid of that card and get a new one as most of them are also not refillable.

Gift card fees

When it comes to gift card fees, it really depends on the gift card. For example, gift cards that you can buy directly from the sportsbook, like the DraftKings gift card, won’t typically come with any additional fees. However, third-party gift cards, like the GameOn gift card have purchase fees but no usage fees. Those are typically noted on the cards themselves, depending on the type and size of the card. Note that fees tend to run higher for gift cards with higher limits and lower for prepaid cards with the minimum amount you can purchase.

Gift card bonuses

You’ll rarely find any restrictions when it comes to gift card bonuses and what you can claim using these prepaid payment methods. All of the sportsbooks we mentioned above do not have any betting gift cards restrictions, and you can claim all the welcome bonuses using them. Likewise, you can claim any additional betting promotions with these gift cards.

Here are some additional promotions you can claim at each of these betting platforms:

SportsbookPromotion
BetMGMWin your share of $100k for MLB bets
BetRiversiRush Rewards
DraftKingsMLB profit boost
FanDuelProfit boosts for MLB games
Resorts World BetGet bigger payouts with boosted parlays on NFL, NCAAF, NBA, etc.

Best gift card betting apps

One of the most common questions we get is “can I use a prepaid card on betting apps?” – the answer is quite simple, yes. There’s no reason why you wouldn’t be able to use gift cards on sports betting apps if you can use them on online betting sites. With that in mind, here are my top three picks for sportsbook apps:

🎲 Fanatics Sportsbook betting app

I really appreciated the Fanatics Sportsbook’s user-centric design that offers intuitive navigation and easy access to all betting options. However, what sets Fanatics Sportsbook apart is the integration of its sports merchandise with the sports betting platform. This allows users to potentially collect and redeem additional rewards on apparel. On top of that, Fanatics offers special odds and exclusive promotions to its users thanks to the site’s exclusive partnerships.

🏈 DraftKings betting app

DraftKings introduces innovative features on its app as it does its site, including Flash Bets, where users can place bets in real-time on specific events within a game. Its variety of betting options is supported by a range of promotions and rewards for newbies and regulars, while the app’s interface ensures easy access.

🏀 FanDuel betting app

FanDuel probably has the most comprehensive selection of sports markets, and it does not cut you short if you want to use the app. Bettors can take advantage of the full selection, including special deals on prop bets. Also, the app’s design is quite innovative and user-friendly, especially as it prioritizes quick navigation to the app’s most used features.

Top-tier sportsbooks we endorse

FanDuel
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4.5/5
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How do gift cards work?

There’s nothing out of the ordinary about how betting gift cards work. Actually, it’s quite simple. These cards act as prepaid cards that have funds pre-loaded onto them and can be used to deposit funds into online sportsbook accounts. Think of them as typical gift cards that can be used in physical stores for purchasing clothes, equipment, etc.

You can purchase these prepaid gift cards either online or in a physical store in various denominations, depending on the provider. You can then use them online in sportsbooks to make deposits by typing in the unique code noted on the card (or the receipt). Once the funds are deposited, which usually takes only a few minutes, you can start betting.

How to create an account with gift cards

Due to the nature of gift cards, there’s no need to create separate accounts or register anywhere. All you need to do is use your debit or credit card (in most cases) and purchase the gift card online. Once you’ve purchased the card in your name (or someone else’s if it’s a gift), it’s yours to use in the sportsbook of your choosing.

Gift cards history

Although electronic gift cards originated in the late 1990s and early 2000s, their introduction to online betting happened only a few years later. As online sports betting was still unregulated or illegal in most places, gift cards originated as a form of an alternative way to place online bets. Soon after, online sportsbooks started selling branded gift cards that could be used for online betting.

Their popularity increased in the 2010s as bettors still came across other heavily regulated or restricted payment methods. One of the first prepaid cards included Paysafecard, which functions similarly to gift cards and is widely accepted among online betting platforms. When online security started raising concerns among players, gift cards still worked wonders due to their being a secure and anonymous way to fund betting accounts.

With the modernization of online payments in the 2020s, users can now get easier access to online gift cards through their laptops or phones. Sportsbooks still offer branded gift cards and accept third-party prepaid gift cards through partnerships or other deals.

Pros & cons of betting with gift cards

I’ve already mentioned some of the advantages of betting online by using gift cards, but let’s round out the whole story nicely. Here’s what you should note before joining prepaid card betting sites.

payment cards
  • Full anonymity and security
  • No third-party banks involved
  • Easy to use and convenient
  • Prevents overspending
  • No withdrawals possible
Bet365
4.6/5
Bet365 Review
Bet $5 Get $150 or $1000 First Bet Safety Net
Bet now
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
BetMGM
4.6/5
BetMGM Review
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply, 21+
Bet now
FanDuel
4.5/5
FanDuel Review
Bet $5 Get $300 in Bonus Bets if you win
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How safe are gift cards for online betting?

Gift cards are considered one of the safest online payment methods for betting due to their anonymity. Additionally, they are not linked to any bank or third-party operator, additionally increasing security for online transactions. But naturally, this payment method is only as safe as you make it.

Here are some tips on how to stay safe betting using gift cards:

  • Use regulated operators – Stay safe by sticking with the sportsbooks listed on this page.
  • Purchase cards only from trusted retailers – Don’t fall for online scams and stick only to reputable retailers, like GameOn.
  • Keep your card info safe – Don’t share your card with anyone and treat it as you would a credit card.
  • Don’t use public WiFi – When making transactions, use a secure private network to avoid any possibility of hacking.
  • Monitor your account – Check your betting account from time to time for any unregulated and unauthorized transactions.

Best gift card betting sites by state

Looking for an easy way to bet from your state? Here are the betting sites that accept prepaid cards by state:

StateBest gift cards betting siteWelcome bonus
ArizonaBetMGMUp to $1,500 back in bonus bets
ArkansasN/AN/A
ColoradoBetRiversGet a second chance bet up to $250 in bonus bets
ConnecticutFanDuelBet $5 and grab up to $150 in bonus bets if your bet wins
DelawareBetRiversGet a second chance bet up to $250 in bonus bets
FloridaN/AN/A
IllinoisFanatics SportsbookUp to $1,000 in bonus bets
IndianaDraftKingsGet $150 in bonus bets
IowaCaesarsUp to $1,000 in bonus bets if your first cash bet loses
KansasFanatics SportsbookUp to $1,000 in bonus bets
KentuckyFanDuelBet $5 and grab up to $150 in bonus bets if your bet wins
LouisianaBetMGMUp to $1,500 back in bonus bets
MaineCaesarsUp to $1,000 in bonus bets if your first cash bet loses
MarylandDraftKingsGet $150 in bonus bets
MassachusettsFanatics SportsbookUp to $1,000 in bonus bets
MichiganFanDuelBet $5 and grab up to $150 in bonus bets if your bet wins
NevadaCaesarsFirst bet matched up to $50
New HampshireDraftKingsGet $150 in bonus bets
New JerseyBetRiversGet a second chance bet up to $250 in bonus bets
New YorkResorts World BetUp to $25 TKO Insurance on UFC Fight Nights
OhioFanDuelBet $5 and grab up to $150 in bonus bets if your bet wins
OregonDraftKingsGet $150 in bonus bets
PennsylvaniaBetMGMUp to $1,500 back in bonus bets
Rhode IslandN/AN/A
TennesseeCaesarsUp to $1,000 in bonus bets if your first cash bet loses
VirginiaBetRiversGet a second chance bet up to $500 in bonus bets
VermontFanatics SportsbookUp to $1,000 in bonus bets
Washington D.C.FanDuelBet $5 and grab up to $150 in bonus bets if your bet wins
West VirginiaDraftKingsGet $150 in bonus bets
WyomingBetMGMUp to $1,500 back in bonus bets

How we rate gift card betting sites

To ensure TGT readers get the whole truth and nothing but the truth, we employ strict criteria when reviewing prepaid card betting sites Ohio and other states. So, here’s what we pay attention to:

💳 Acceptance of Gift Cards

Naturally, we ensure that the betting sites accept gift cards so you can actually utilize them.

⚡ Transaction Fees and Speed

We look for instant gift card deposits and minimal fees so the users can avoid any delays.

🔒 Security and Safety

We ensure that the betting site adheres to regulatory standards to protect its users’ privacy and data.

🛠️ Ease of Use

We understand the importance of streamlined betting practices and look for sites that ease out the whole process.

🤝 Customer Support

You’ll notice that all betting sites mentioned here provide top-notch support in case of emergencies.

Best gift card alternatives

Looking for alternatives in case sports betting gift cards don’t work for you? Here’s what we recommend:

  • Play+ – Similar to gift cards and Vanilla Mastercard betting sites, Play+ betting sites allow for instant deposits but no withdrawals or fees. The payments are also anonymous and it’s quite easy to use.
  • PayPal – You can expect both instant deposits and withdrawals of up to a few hours with PayPal betting sites. There are typically no or very low fees with an added layer of security.
  • Cryptocurrency – Cryptocurrency betting sites offer instant deposits and withdrawals with complete anonymity. However, you might expect fees that vary based on the network’s congestion.

Conclusion

All in all, prepaid gift cards are one of the safest payment methods you can use for online betting due to their security and anonymity. Many US bookmakers offer gift cards among their deposit methods, allowing users options that appeal to them. Make sure you always double-check what kind of requirements are associated with gift cards depending on the sportsbook in question.

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FAQs

🎁 Can I bet with a gift card?

Yes, you can place online bets using prepaid gift cards.

🃏 Does DraftKings accept gift cards?

Yes, DraftKings accepts three types of gift cards – their branded ones, electronic gift cards, and GameOn gift cards.

🎲 Does FanDuel accept gift cards?

Yes, FanDuel accepts gift cards and offers players a chance to use them on both desktop and app site versions.

💰 Can gift cards be traded for money?

No, you cannot trade gift cards for money. You can only use the gift cards for online betting in the denomination it came in.

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