Last Updated on 09/23/2022
Fact checked by: Simon Briffa
Online betting is continuously developing to make the experience worthwhile for bettors of all levels. So, what do Visa betting sites have that make them a reliable choice for customers when creating accounts?
At TheGruelingTruth, our team of betting experts, enthusiasts and researchers looked through different Visa bookies and what they have to offer, to help you decide if Visa betting is the suitable option for you. If you want to know what makes the best betting sites with Visa payment methods so unique, have a look at our guide below.
It’s good to know that many betting sites accept Visa, as it is a popular choice to process funds. We wanted to give you an overview of how to make a payment with a Visa card with your chosen bookmaker or Visa sportsbook.
Whether you like to bet online on casinos or sports, some bookmakers offer both gambling platforms, like BetMGM or DraftKings. Once you’ve chosen who to create an account with, you need to input your details like your name, address, phone number and email address. You can then create a username and password. Each of these online Visa betting sites will be location-specific. Not every state in the US has legalized online sports betting yet.
Once you have inputted the required personal details, you need to verify your identity. You will usually get a confirmation email that will bring you back to the bookmaker’s site, and your account will be open for betting. It’s important to note that the legal age for online gambling in the US is 21, and you can only use an account in the state you reside in. Most reputable bookmakers are very strict when it comes to your personal details, as they want you to benefit from the offers located in your area.
You can then choose what payment methods you would like to deposit and withdraw your funds with when the time comes. Typically, you would use the same deposit and withdrawal method. Visa bookies are very common, so using a Visa card to deposit your funds is a popular choice. The transactions are almost always instant.
You have the option of using a Visa debit or credit card, depending on your bank details and who you want to open an online betting account with. Remember that not all bookmakers allow credit cards. There may be a minimum deposit and withdrawal amount, but you can start online betting once your Visa card is set up.
If you wanted to use a MasterCard, which is quite similar to a Visa card, you could deposit your funds with no problem. However, you cannot use MasterCards for withdrawing funds, so it’s easier to use a Visa payment method in the long run.
Let’s look at one of Visa sportsbooks’ popular choices for online betting. At BetMGM, you can use a Visa card to process your money. They have a minimum deposit amount of $10 and a minimum withdrawal amount of $20. The processing time for deposits should be instant. Visa is known for its efficient processing times, and with online betting sites, it’s no different.
But that does depend on how quickly your bank will allow the transaction. It could also take longer if you choose to deposit on a non-business day and after business hours. Suppose you have a significant amount to deposit, and your bank isn’t used to this much money being transferred. In that case, it may take a few business days for the internal checks to be done and confirm the transaction is legit.
If you want to withdraw an amount, it will be processed relatively quickly on most Visa betting sites. Depending on how much you want to take out, you will see that amount in your bank account within a few business days or even on the same day. Compared to other payment methods like bank transfer, Visa is one of the quickest and most popular choices.
However, if it has been more than five days and your transactions haven’t been processed, check your online betting account terms and conditions. Also, contact their customer service team to get support on the following steps to get your funds.
When using a Visa card, the card number, the date the card expires, and the name of the person the card belongs to will need to be inputted. These are essential in the account details when setting up a Visa payment method, unlike PayNearMe betting sites. This is to make sure the individual is of the legal betting age so that the card can be processed. The name on the card should be the exact name of the individual creating an account, whether it be an online casino, online sportsbook or a site that can offer more than one.
Once the payment method has been confirmed, the individual can deposit funds depending on the Visa betting site’s terms and conditions and the bank that the card is associated with. There may be transaction fees or charges to be aware of. But generally, Visa offers zero to low fees, so it shouldn’t be an issue. Always double-check the small print as this could apply to withdrawing funds too.
At TheGruelingTruth, we did a little digging into the history of Visa and how it became a popular payment method choice today.
Visa started back in 1958 when Bank of America created its first consumer credit card programme. Before the time of Visa sportsbooks and online betting, it was explicitly designed for middle-class customers and small merchants in the US. The company immediately expanded and was international by 1974, just in time for the debit card launch in 1975.
Fast-forward to 2007, and businesses worldwide came together to form Visa Inc. They went public a year later as one of the most significant IPOs (initial public offering, transitioning from private to public ownership) of all time. Today, Visa is available in over 200 countries and can be used on a number of devices while continuing to develop its brand.
Visa cards have been around for decades. It has built a strong reputation that a cashless payment method is possible and sustainable. Visa values its customers in whatever aspect they need to use a payment card. With Visa betting sites not being an exception. Visa is a highly accessible brand as you may have a Visa card or know someone who does.
Using a Visa card ensures you are protected. The brand has developed its authentication process, preventing identity fraud or misuse. They can follow what online transactions you have made and refer to that if there’s ever an issue of hacking or scams.
In addition to Visa betting sites, other operators use various payment methods to deposit and withdraw cash. These methods include bank transfers, PayPal, eWallets like Skrill or Neteller, online betting Play+ accounts, and some even offer cheque deposits. But what makes Visa stand out from the rest?
Some could argue that an eWallet has a higher level of security. This is because you’re not putting your actual card details into the account but instead using the eWallet as a middleman. But that doesn’t mean Visa sportsbooks and betting sites don’t have their own security measures in place.
These include the PIN and CVV numbers found on your card that you input when creating an account. The cards also have microchips to identify when and where you used the card last. If there is an issue of hacking or scamming, your Visa card can be traced and blocked if the transactions don’t match up to yours.
As we briefly mentioned in this review, if you decide to use a Visa payment method on one of the visa betting sites, you could be entitled to an operator bonus. Card deposits usually qualify for welcome bonuses by bookmakers to encourage you to sign-up.
Not all payment options offer this, like when you use an eWallet to deposit funds. It also works great as a loyalty scheme to keep the customers gambling on the same site. The more they deposit and use the Visa betting sites, the more benefits they receive in the form of bonuses. In addition, cashback options might be available for online bettors using Visa. Not all operators offer this, so check the terms and conditions before creating an account.
Yes, Visa is readily available on most online betting sites. It’s one of the simplest payment methods to use, so you shouldn’t have any issues signing up if it’s your first time. Even if you’re more familiar with other payment methods, you will have no trouble using Visa. It is suited to bettors of all skill levels.
Because it is so popular, depositing is easy and efficient on Visa betting sites. It comes with minimum to no deposit fees, but double-check with your bank. Other methods, including online betting Play+ accounts, may have higher costs to look out for.
This applies to many Visa betting sites, that once you’ve chosen you want to deposit with a Visa card, you will need to choose the same method when withdrawing funds. So, if you tried to use another method for withdrawals and already deposited with Visa, they may not allow you to do this, depending on the site. In addition, we found that customers who sign-up on online betting and Visa sportsbooks will most likely benefit from the offers the operator has for them.
Whether you’ve chosen to use one of the Visa sportsbooks or any other online betting site, your details must be correct. This is also important if you decide not to enter your Visa card directly onto the operator site but use an eWallet instead. Suppose your chosen operator offers this payment method – you can still access your funds from the Visa account but transfer them into the wallet. It acts as a middle man and confirms more security per transaction—keeping your details safer.
Visa card transactions are up there with the fastest ways to send and receive your funds on any Visa betting sites as they offer instant processing times. PayPal is another top choice as their system also claims to be instant.
Although some online customers might think using Visa betting sites payments is an outdated method because your activity is being tracked. Since your details are somewhat exposed, bookmakers could be more likely to be hacked, and payouts can take up to 5 business days in some cases. Overall it is a top choice many operators recommend.
Overall, we think using betting sites that accept Visa is an excellent choice for new customers. It is one of the most popular payment methods globally, so it won’t be difficult finding Visa sportsbooks or other bookmakers that offer this. Although MasterCard betting sites are just as prominent, we recommend looking at operators that encourage you to make payments using Visa. It is seen as the most reliable choice for your funds. It has a long history of security and development to back it up.
At TheGruelingTruth, we hope you give a Visa betting site a try as your preferred payment method. Reap the benefits of fast processing times from a reputable website and potential Visa only welcome offers and bonuses too!
When you’re looking through different Visa betting sites to open an account, we suggest you look at their payment method options. Most reliable operators will have a range of ways to deposit and withdraw funds like PayNearMe betting sites. So you can choose which method is the most suitable for you and your betting needs. To find out which betting sites accept Visa cards, look at our website.
Online sports betting is quickly growing in the US, with New York the latest addition to the legalized states. More states are to be finalized this year, which will only increase the amount of money generated online. If you’re stuck on what payment method to use, check out what the prominent bookmakers have in common and what comes with welcome bonuses too. To find out more about Visa sportsbooks and what payment methods you can use on their sites, check out our website for more.
When using Visa betting sites, you want to make sure the operator is reputable. Our review looks at what makes Visa sportsbooks reliable, and a quick and easy way to create an account is an advantage. If you want to set up your betting deposit methods and withdrawal methods to your chosen account, check out TheGruelingTruth for more info.
Finding the right sportsbook is a top priority if you’re new to online sports betting. Some customers choose online betting VIP Preferred sites as they know they’ll be more rewards to benefit from. If you want to find out what welcome bonuses some of the prominent bookmakers offer to their customers, check out our website for individual website reviews.