MuchBetter, one of the newer payment methods around, has swiftly risen to prominence among the best online betting sites. This guide is your key to unlocking the benefits of using this e-wallet and exploring the best MuchBetter betting sites out there for an enhanced betting experience.
Best Betting Sites We Recommend for MuchBetter Betting in 2024
£20 Backup Bet 18+ New UK players only | Min deposit req. £10 | Certain deposit methods excluded | Place 1 sport bet (3+ selections) | Excl Horse Racing | Min stake £10 | Max stake £20 | Min Odds 2/1 (3.0) | Max FreeBet £20 for football only | FreeBet valid for 7 days | FreeBet stake not returned | Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad
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£30 Matched Free Bet if your first Acca loses + 100 Free Spins on Gold Blitz 18+ New UK customers only. Min Stake: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. 100 Free Spins on Gold Blitz (£0.10 per spin) credited on settlement of qualifying Acca bet. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad
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£10 Free Bets + £10 Casino Bonus + 20 Free Spins 18+ Only available to new, verified customers residing in the UK. Place a first ever sports bet (£10 min. stake; single or multiple bets: min. odds 1.4). Get 2x£5 in free sports bets, £10 in bonus money at Casino and 20 free spins (£0.10 per spin) on eligible NetEnt Slots. Payment method restrictions apply. Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad
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Currently No Welcome Offer 18+ Full T&Cs apply. Bet Responsibly. BeGambleAware.org #ad
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What Is MuchBetter Payment Method?
MuchBetter is an award-winning e-wallet service used worldwide, mostly within Europe. It was founded in 2017 and comes as a free app available on the Apple Store and Google Play.
The Advantages of MuchBetter Betting
Customers choosing to use MuchBetter when making payments on betting sites can rest assured that they can bank on a top-quality e-wallet experience. Here are some of the benefits of using this payment method:
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Quick verification process: While the KYC process related to online betting is probably among the most tedious ones, MuchBetter makes it as simple as possible by only requiring the customer's phone number and a 4-digit password to verify their identity.
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Safe: With the dynamic CVV function, MuchBetter have managed to add a crucial layer of security over and above all other payment methods. Through this unique function, the CVV code changes after each transaction, so even if someone manages to gain access to a customer’s full card details, they will still not be able to use them. MuchBetter also requires authorisation via the mobile app to process transactions, which makes it very difficult for any fraudulent behaviour to take place without you noticing.
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Fast transactions: Once you enter your mobile number and confirm the transaction from the MuchBetter app, funds are instantly available in your online betting account. This is a great feature, especially for punters who are interested in live betting. Withdrawals are also normally available instantly. However, the situation is different when transferring from your MuchBetter account into your bank account as the transaction completion time varies between under 24 hours and 3-5 working days depending on the bank.
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No processing fees: The majority of the betting sites which accept MuchBetter do not usually charge processing fees for deposits and withdrawals using this payment method.
Instead of Muchbetter, you can use traditional payments like Mastercard betting sites, Visa betting sites or Debit card betting sites.
How Do I Use MuchBetter for Betting?
Depositing on online betting sites using MuchBetter are a piece of cake! All you need are your mobile phone and funds. Below, we break down the process of depositing into five simple steps:
Log into your betting account
Choose to add funds into your account
Select MuchBetter e-wallet as a method of payment
The betting site should prompt you to log into your MuchBetter account and confirm the amount to deposit
Open the MuchBetter app on your phone and authorise the request to transfer funds.
Just as easy as with PayPal betting sites.
Generally speaking, the minimum deposit limit is between £10 and £30; however, each betting site has its own minimum deposit limits, so check this amount before signing up for a site.
Also, keep an eye out for any extra bonuses being offered when placing your first deposit. Most of the time, the initial deposit bonus is directly tied to the deposit amount.
How To Withdraw From an Online Betting Site With MuchBetter
Withdrawing from your betting site to your MuchBetter account should not pose any problems whatsoever. The process is quite a straightforward one, as you can see in our step-by-step guide below:
Log into the betting site and access the cashier.
Request a withdrawal and select MuchBetter as a payment method.
The withdrawal request must be sent to your mobile phone number. Here you must make sure that the phone number format is inputted correctly (i.e. country code + phone number without any spaces).
The withdrawal has now been initiated and is sent to the betting site to be processed.
As soon as the payment is authorised from the betting site, the funds will instantly be available on your MuchBetter account.
If a payment remains pending, you should contact the betting site’s customer service representative in order to confirm whether the payment has been accepted from their end.
Alternatives to MuchBetter
ThePuntersPage Final Say on MuchBetter
Since being founded in 2017, MuchBetter has rapidly evolved into a preferred payment method among punters globally, earning acceptance by 130 betting sites. This stellar product has notched up several awards over the past two years, including Best Innovation in Payments Solution at EGR B2B Awards. The product's innovative security measures, fast transactions, and low processing fees are pivotal elements propelling MuchBetter to consistently challenge industry giants.
Also, check paysafecard betting sites and Trustly betting sites.
MuchBetter Betting Sites FAQs
Yes, it is fairly simple. Once you have filled in the sign-up form, you will receive a verification code via SMS and may proceed to download the app and log in.
Each online betting site has its own limits, however, minimum withdrawal limits generally range between £10 and £25. While some betting sites sometimes charge withdrawal fees, this is rarely the case on payments being processed using MuchBetter.
Maximum withdrawal limits vary between one betting site and another, so we recommend checking those details on the betting site you are interested in using or have an account with.
Not yet. However, there are already 130 betting sites which do.
In the case of both deposits and withdrawals, the process is instant. Sometimes payments may be slightly stalled depending on the reaction time of the particular betting site you are using.