MuchBetter is one of the newer best-betting sites payment methods available to customers on online betting sites. In this guide, we will be going through the benefits of using this e-wallet and having a look at which are the best MuchBetter betting sites on the internet.
- An Introduction to MuchBetter Payment Method
- What are the Benefits of Using MuchBetter?
- How Can I Use MuchBetter to Deposit to a Betting Site?
- What is the Minimum Deposit on MuchBetter Betting Sites?
- How Can I Withdraw From an Online Betting Site with MuchBetter?
- What is the Minimum Withdrawal Amount Using MuchBetter?
- Best Betting Sites We Recommend for Betting with MuchBetter in 2023
- Alternatives to MuchBetter
- MuchBetter Betting Sites FAQs
- ThePuntersPage Final Say on MuchBetter
An Introduction to MuchBetter Payment Method
MuchBetter is an award-winning e-wallet service being used worldwide, mostly within Europe. It was founded in 2017 and comes as a free app which is available on the Apple Store and Google Play.
The e-wallet company has managed to take the market by storm with the introduction of dynamic CCV codes on their cards, and also offers their customers some of the lowest e-wallet fees in the gaming industry. MuchBetter is in fact available in more than 180 countries and is accepted by 130 betting sites.
This successful product has won them various awards over the past two years, including Best Innovation in Payments Solution from EGR B2B Awards, amongst others.
What are the Benefits of Using MuchBetter?
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:
MuchBetter has a Quick Verification Process
The KYC process is probably one of the most tedious ones related to online betting, but MuchBetter makes it as simple as possible by only requiring the customer's phone number and a 4-digit password to verify their identity.
MuchBetter is Safe
MuchBetter has put their best efforts into ensuring that their customers' data is as secure as possible, and with the dynamic CVV function, they have managed to add a crucial layer of security over and above all other payment methods. Their unique function means that even if someone manages to gain access to a customer’s full card details, he/she will still not be able to use them because the CVV code changes after each transaction.
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.
MuchBetter Transactions are Fast
Another benefit of using MuchBetter is the speed of transactions between your online betting account and your MuchBetter account. Once you enter your mobile number and confirm the transaction from the MuchBetter app, funds are available in an instant. This is a great feature to have, especially for punters who are interested in live betting.
Withdrawals are also normally available instantly. The situation is different when transferring from your MuchBetter account into your bank account. In such cases, the transaction completion time varies between under 24 hours and 3-5 working days depending on the bank you are using.
MuchBetter Processing Fees
The majority of the betting sites which accept MuchBetter do not usually charge processing fees for deposits and withdrawals by customers choosing that payment method.
Instead of Muchbetter you can use traditional payments like Mastercard betting sites, Visa betting sites or Debit card betting sites.
How Can I Use MuchBetter to Deposit to a Betting Site?
Deposits on online betting sites using MuchBetter are a piece of cake! All you need is funds in your account and your mobile phone close by. Here we have broken down the process into 5 simple steps:
Step 1 – Log into your betting account
Step 2 – Choose to add funds into your account
Step 3 – Select MuchBetter e-wallet as a method of payment
Step 4 – The betting site should prompt you to log into your MuchBetter account and confirm the amount to deposit
Step 5 – Open the MuchBetter app on your phone and authorise the request to transfer funds.
Just as easy as with PayPal betting sites.
What is the Minimum Deposit on MuchBetter Betting Sites?
Each betting site has its own minimum deposit limits, so you would need to make sure you have checked the minimum deposit amount before signing up for a site. Generally speaking, the minimum deposit limit is between £10 and £30.
It is also important to 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, so a small initial deposit will result in a small welcome bonus and vice versa.
How Can I Withdraw From an Online Betting Site with MuchBetter?
Withdrawing from your betting site account to your MuchBetter account should not pose any problems whatsoever. The process is quite a straightforward one and we have broken it down into 5 simple steps:
Step 1 – Log into the betting site and access the cashier
Step 2 – Request a withdrawal and select MuchBetter as a payment method
Step 3 – 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.
Step 4 – The withdrawal has now been initiated and is sent to the betting site to be processed.
Step 5 – 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 ideally contact the betting site’s customer service representative in order to confirm whether the payment has been accepted from their end.
What is the Minimum Withdrawal Amount Using MuchBetter?
Similar to the minimum deposit limits, each online betting site has its own limits. Minimum withdrawal limits are generally between £10 and £25. It is also worth noting that some betting sites sometimes charge withdrawal fees, however, this is rarely the case on payments being processed using MuchBetter.
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#1
 bwin
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T&Cs APPLY, 18+ ONLY
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. BeGambleAware.org #ad |
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#2
 Betway
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T&Cs APPLY, 18+ ONLY
New UK customers only. Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. Debit card deposits only. This is offer is valid for 7 days from your new account being registered. 18+ Full T&Cs apply. BeGambleAware.org #ad |
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#3
 888sport
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T&Cs APPLY, 18+ ONLY
18+ Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Casino Bonus must be claimed within 7 days. To withdraw bonus/related wins, wager bonus amount x40 within 14 days. Wagering requirements vary by game. Deposit methods, Withdrawal restrictions and Full T&Cs apply. BeGambleAware.org #ad |
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#4
VBET
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T&Cs APPLY, 18+ ONLY
Only available to new, verified customers residing in the UK. Place a first ever Sportsbook bet – multi-bets of at least 3 legs; min. £2 stake; min. odds 3/10 (1.3) per leg (bets placed on horse racing and greyhounds excluded). Win and get back 50% of your stake – on top of your winnings – as a free sports bet up to £10. Get back 100% of your stake as a free sports bet up to £20 if you lose. Customers must place their first qualifying bet within 30 days of registration, after which the welcome offer will expire. Full T&Cs apply. 18+ Please gamble responsiblyFull T&Cs apply. BeGambleAware.org #ad |
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#5
Gamebookers
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T&Cs APPLY, 18+ ONLY
Full T&Cs apply. BeGambleAware.org #ad |
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Alternatives to MuchBetter
MuchBetter Betting Sites FAQs
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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.
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Maximum withdrawal limits vary between one betting site and another so it would be best to look those details up on the betting site you are interested in using or have an account with.
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Not yet. However, there are already 130 betting sites which do.
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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.
ThePuntersPage Final Say on MuchBetter
Since being founded in 2017 and seeing how it has grown to be a multinational company and achieved recognition in over 180 countries, MuchBetter is becoming a preferred payment method for many punters around the world. Their innovative security measures, fast transactions and low processing fees are key factors in ensuring it continues to challenge the bigger players in the years to come!
Also, check Paysafecard betting sites and Trustly betting sites.
David is a sports fanatic with a particular interest in stats and figures. When not writing about sports, you would probably find him playing or watching football, researching stats or sharing the latest news with anyone willing to listen.
