MuchBetter, one of the newer payment methods around, has swiftly risen to prominence among premier bookmakers. 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 experience.

  • Stellar sportsbook
  • Welcome offer provides insurance
  • MuchBetter available for deposits and payouts
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programme
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1997
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programme
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1997
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. GambleAware.org #ad
  • Modern betting site
  • Low MuchBetter minimum withdrawals
  • Over 50 sports with betting markets
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programme
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 2003
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programme
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 2003
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. GambleAware.org #ad
  • Instant MuchBetter payouts and deposits
  • Long list of available promotions
  • Rapid MuchBetter withdrawals
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programme
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programme
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in
18+ New customers. Opt-in required. 20 Bonus Spins on “Sahara Riches Cash Collect” at 10p per spin and 100% Deposit Bonus up to £25 on first deposit (payment method and play restrictions apply). Min. deposit £10. 30x wagering for Bonus Spins and Deposit Bonus (game weighting applies). Max. £5/spin or £0.50/line. 30 days expiry. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad
  • Swift MuchBetter deposits and withdrawals
  • MuchBetter eligible for welcome offer
  • Array of available sportsbook promotions
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programme
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 2021
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programme
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 2021
18+ New customers only. Min wagering on sports £10. Max one £15 free bet. Qualifying bets must be placed at odds 1/1 or greater. Paid as bonus token with min 4/5 odds required. Selected payment methods only. Bet expires after 14 days of being credited. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad

MuchBetter is growing in notability, but it’s not yet a payment method widely accepted by bookmakers across the globe. In the UK, only a few premier sportsbooks accept this e-Wallet for deposits and withdrawals. Here are some of the best:

1. Bwin – Best MuchBetter Betting Site for Existing Sportsbook Promotions

MuchBetter is among the multitude of payment options offered by Bwin. This bookmaker boasts a unique welcome offer (available in several European countries), which provides insurance of a €100 backup bet if your first bet loses. MuchBetter deposits are accepted as part of this promotion. Bwin also offers an array of sports promotions, an exciting VIP programme, and a comprehensive sportsbook comprised of over 40 sports.

Pros:
  • Extensive offer offer with over 40 sports
  • Low minimum deposit amount (£5) with MuchBetter
  • Withdrawal process with MuchBetter is quick and easy (up to 24 hours)
Cons:
  • Customers have complained about withdrawal issues
  • Oddly specific maximum deposit figure

2. Vbet – Best MuchBetter Betting Site for Low Minimum Withdrawals

Vbet has garnered plaudits for its modernity, and there’s no doubt this bookmaker engages and appeases the modern-day sports bettor. Its website is slick and easy to manoeuvre, while the persistent updating of their welcome offer facilitates the excitement. There’s no stagnation and Vbet must be praised for their proactivity. Moreover, you can deposit as little as £1 with MuchBetter at this sportsbook.

Pros:
  • Low MuchBetter minimum withdrawals
  • Excellently designed website
  • Over 50 sports make up sports on offer
Cons:
  • No dedicated mobile app
  • Bet Builder feature not available

3. Casumo – Best MuchBetter Betting Site for Fast Withdrawal Times

While Casumo is primarily a casino product, they also boast an impressive sportsbook laden with subtle features to boost your betting experience. These include some layout enhancements on the homepage, which denote how many live markets are currently available, as well as when the next races are starting. Another standout feature of this bookmaker is the speed at which deposits and withdrawals are processed. MuchBetter users will have to wait no longer than five hours to receive their funds.

Pros:
  • Instant MuchBetter withdrawals post approval
  • Solid football betting odds
  • Heavy emphasis upon responsible gambling
Cons:
  • Limited sportsbook promotions
  • No live streaming available
Bookmaker Deposit Processing TimeMin/Max DepositWithdrawal TimeTransaction Fee
BwinInstant£5/£1,533.75Up to 24 hoursFree
VbetInstant£10/£2,000Within 72 hoursFree
CasumoInstant£10/?Instant£3 if less than £10
BetTargetInstant£10/?1-3 hoursFree

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: Most of the betting sites which accept MuchBetter do not usually charge processing fees for deposits and withdrawals using this payment method.

While there are plenty of perks when using MuchBetter on betting sites, there are some drawbacks which you should be aware of:

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    Fees: While there are no fees incurred when depositing and withdrawing from the bookmakers themselves, MuchBetter does charge small fees when moving money from your bank account into the e-wallet. These fees, however, are typically between 1% and 2.5%.

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    Availability: While MuchBetter is growing in popularity, the e-wallet is not yet a widely available payment method among bookmakers, especially the UK’s best betting sites.

How MuchBetter Compares to Other e-Wallets

QuestionMuchBetterSkrillPayPalNetellerApple Pay
Is it secure?MuchBetter ensures your money is protected via ‘safeguarding and the latest online security measures. The company has also been authorised as an Electric Money Institution by the Financial Conduct Authority.Skrill secures your account using SSL technology with high-security 128-bit encryption.PayPal has several processes in place to ensure your date and money are secure. Data encryptions and multiple fraud prevention techniques are used.Neteller accounts are protected by two-factor authentication. SSL technology is used with high-security 128-bit encryption to provide further protection.Apple Pay uses features built into the hardware and software of your Apple device to protect your transactions. Face ID and passcodes are also required to pay.
Are there any fees?There are only small fees for ATM withdrawals. Bookmakers will not charge any fees when using MuchBetter.None to deposit into bank account, but small fees for debit cards and rapid bank transfer (1%).Online sportsbooks do not charge for PayPal deposits and withdrawals.Neteller is a free service, and most bookmakers will not charge any deposit or withdrawal fees.While Apple Pay is a free service, some sportsbooks might charge withdrawal fees.
Is it widely accepted by bookies?It’s certainly growing in popularity, but it’s not widely accepted among the UK’s best bookmakers.Skrill is widely accepted by UK sportsbooks.Absolutely, PayPal is a very popular deposit and withdrawal method among UK bookmakers.Most bookmakers in the UK accept Neteller.Apple Pay is growing in popularity among UK bookmakers, but it’s not yet widespread.
Are deposits instant?They can take up to 10 minutes with some betting sites.Skrill deposits are processed right away by bookmakers.PayPal deposits are instant.Neteller deposits are typically processed rapidly, allowing funds to arrive into your betting account instantly.Apple Pay deposits are processed instantly.
Are withdrawals instant?MuchBetter withdrawals are processed within days. The length of your withdrawal depends on the bookmaker, but most will process within 72 hours.Skrill withdrawals can take anywhere between 24 hours and five days.PayPal withdrawals are typically processed within 72 hours.There’s a huge range when it comes to Neteller withdrawal times. Some can take less than 24 hours, while other might be processed within a week.Apple Pay withdrawals can take between 2-5 days to be processed.

Depositing on online betting sites using MuchBetter is a piece of cake! All you need is your mobile phone and funds. Below, we break down the process of depositing into five simple steps:

  1. Log into your betting account

  2. Choose to add funds into your account

  3. Select MuchBetter e-wallet as a method of payment

  4. The betting site should prompt you to log into your MuchBetter account and confirm the amount to deposit

  5. Open the MuchBetter app on your phone and authorise the request to transfer funds.

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 Set Up a MuchBetter Account

MuchBetter was initially set up as a designated e-wallet for gambling but has evolved into an all-encompassing service. Creating and setting up a MuchBetter account is a simple process.

Here’s a step-by-step guide to setting up your MuchBetter account:

  1. Download the MuchBetter mobile app on Android via Google Play or iOS via the App Store

  2. Once you’ve accessed the app, MuchBetter will run you through the registration process.

  3. You’ll be asked to create a passcode for your account which is verified via your phone number.

  4. After that, MuchBetter asks for basic personal information such as your name, country of residence, and email address.

  5. Choose your preferred currency.

  6. To complete the process, you must state the purpose of your MuchBetter account and your occupation.

  7. To access all the services available, MuchBetter must first verify your identity. This can be done by sending an electronic copy of your passport or photo ID.

How to Deposit with MuchBetter

The above process showed just how easy it is to create a MuchBetter account. Once you’ve been verified, you’ll be able to deposit and withdraw using the e-wallet as you please.

When using MuchBetter to deposit funds into a sports betting account, you must follow a simple process with only a few crucial steps:

  1. Visit one of the betting sites that accepts MuchBetter.

  2. Access the Cashier and click the ‘Deposit’ icon.

  3. Confirm you want to deposit using MuchBetter.

  4. Enter how much you wish to deposit into your betting account.

  5. All you need to confirm a MuchBetter deposit is your account number, which is just your phone number.

  6. You must include the international dialling code as part of your mobile/account number. So, for the UK, you’d include 44 at the start.

  7. Request your deposit.

  8. To complete the process, you need to log into the MuchBetter app and click the ‘Send Money’ button. This will then send the requested funds into your betting account.

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Important note: Most welcome offers and betting promotions provided by sportsbooks are not available when depositing with MuchBetter.

How to Withdraw 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:

  1. Log into the betting site and access the cashier.

  2. Request a withdrawal and select MuchBetter as a payment method.

  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).

  4. The withdrawal has now been initiated and is sent to the betting site to be processed.

  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 contact the betting site’s customer service representative to confirm whether the payment has been accepted from their end.

Unfortunately, most new customer promotions offered by bookmakers will not include MuchBetter as an eligible payment option. MuchBetter is an already scarce method anyway, with bookmakers typically only allowing new customers to deposit using a debit card to qualify for the welcome offers.

I’ve discussed many reasons why MuchBetter has emerged as a popular e-wallet for sports betting, with the most important being their stringent security measures.

MuchBetter has several systems in place to maximise security. For example, transactions between the betting site you’re using and bank account are anonymous. Only your MuchBetter account number is required to complete the transaction, thus preserving any personal information.

Moreover, new security codes (CVV codes) are generated with every transaction. This, as MuchBetter say themselves, renders it ‘impossible’ for fraudsters to use your stolen card details online.

These features combine with MuchBetter’s sophisticated transaction review system, the security systems put in place by your bank and the betting site you’re using to create a stringent process boasting the tightest of security.

Since being founded in 2017, MuchBetter has rapidly evolved into a preferred payment method among punters globally, with 130 bookmakers accepting MuchBetter for depositing funds. 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.

MuchBetter is a mobile e-wallet app which can be used for depositing and withdrawing funds across bookmakers.

MuchBetter ensures your money is protected via ‘safeguarding, as well as the latest online security measures. The company has also been authorised as an Electric Money Institution by the Financial Conduct Authority.

Bwin, Vbet, and Casumo are among the premier UK bookmakers currently accepting MuchBetter as a payment option.

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.

As is the case with any payment option accepted by a bookmaker, MuchBetter comes with minimum and maximum deposit limits. Typically, you must deposit at least £5 or £10 with MuchBetter, with some bookies capping your maximum deposits at around the £2,000 mark.

MuchBetter charges no fees for any online payments. Small charges are incurred for ATM withdrawals, but that’s not relevant for online sports betting.

WRITTEN BY James Cormack View all posts by James Cormack

Big sports fan specialising in football. Experienced the lows of Vlad Chiriches and Tim Sherwood as a Spurs fan along with the more recent ‘success’ under Pochettino. My following of the New England Patriots since 2012 somewhat makes up for the lack of silverware produced by Spurs in my lifetime.

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