Prepaid Visa cards have long been an option for gamblers looking to fund their online sportsbetting accounts, and their popularity continues to remain high. While credit cards aren’t always accepted by online gaming sites, a prepaid Visa remains a simple way to move money into a sportsbook account.
There are no applications to fill out and no credit checks to deal with. Just purchase your card, load your money into it, and then spend it at thousands of participating merchants around the world.
Prepaid Visa betting sites are common due to the parent company’s status as one of the leading financial services corporations. There’s no reason to expect this to change in the foreseeable future, so customers can use the card with confidence to pay for everything from groceries to a baseball parlay.
Why Choose Prepaid Visa for Your Betting Site Deposits
A prepaid Visa has many of the same advantages of a regular credit card, especially when it comes to speedy deposits. As soon as you’ve entered the required information and desired monetary amount, the deposit should be available within your sportsbook or casino account within a matter of seconds.
While the track record for online sportsbooks accepting prepaid Visa cards from American players isn’t perfect, it’s superior to traditional credit cards. If the prepaid card is issued by a major bank, you’ll have better luck. This isn’t guaranteed, though, as plenty of customers have reported their transaction attempts being declined because of an association with online gambling.
Since these cards are reliable and easy to use, some casinos and sportsbooks reward their customers for using them to make deposits. This usually takes the form of a deposit bonus, although some sites may include more inventive options. If you want to know if your sportsbook of choice offers such a deal, just click on the “promotions” section.
In order to receive a credit card, you have to fill out an application and be subject to a credit check. This is never a problem with a prepaid card, as it only holds the money you put into it. This means you can buy them directly at local retail chains, and you never have to worry about an application being rejected.
There’s also a wide variety of cards to choose from, with most issued by a different bank and offering various perks. The Visa website currently lists 40 options for prepaid cards, and you can expect more in the future.
Another advantage of a prepaid Visa and similar cards is the ability to better manage your online bankroll. If you’re able to fund your account with a regular credit card, there’s always the temptation to keep pumping more money in. With a prepaid Visa, however, the card only has a preset amount of money on it. While you could still reload the card and then transfer it to a gambling site, you’re at least afforded a natural break to stop and consider what you’re doing.
Prepaid Visa Betting Sites – What to Look for Before You Deposit
In order to verify that a sportsbook is a prepaid Visa betting site, check the bottom of their homepage for a Visa logo. If they accept credit cards from the company, then they’ll certainly be receptive to a prepaid card (since nothing can go wrong on their end). The cashier page should also have a complete list of deposit and withdrawal options, and this is a great way to make side-by-side comparisons with other services.
While you’re visiting the cashier section, I also suggest checking to see if any fees are involved. While no charges are going to be levied for deposits, there’s always the chance that the sportsbook tries to gouge you for a few extra bucks when you request a withdrawal. This can irritate some gamblers to no end, but such emotional reactions could be avoided by doing some basic research beforehand.
Before opening an account, it’s also a good idea to learn a little about the sportsbook or casino. If the site is known for paying customers on time and offering fair odds, then you can wager there without hesitation. If reviews are less than flattering, then it might be time to start looking for a new place to gamble.
How Do Other Betting Site Deposit Methods Compare to Prepaid Visa?
With almost instantaneous deposit times, no fees, and a brand name recognized around the world, the Visa prepaid card offers a service that’s competitive with any other method of deposit. Since U.S. customers can sometimes use it for funding accounts, this makes the card one of the leading financial options for gamblers.
It’s far superior to options such as bank wires and paper checks, as these can take days or even weeks to get money into your account. The speed of PayPal, e-wallet, and credit cards are comparable, although these methods aren’t always accepted at every online casino or sportsbook.