***Updated: August 16, 2019***
Back when gambling websites first launched in the late 1990s, numerous types of credit cards were immediately offered because everyone in the United States has at least one in their wallet. Not to mention they’re familiar, safe, and people of all ages knew exactly how to use them.
As far as they were concerned, plastic was great since the individual companies guaranteed all of the transactions and they knew they’d get their money immediately upon approval. Plus, no need to worry about collecting the debt and looking like the bad guy to customers, making the situation a solid “double win”.
Now many years later there are still some trusted U.S. online casinos accepting MasterCard as a deposit method and the best ones are listed below. These rankings are updated often as we continually research each one to ensure all are safe and maintain stellar reputations in the industry.
Those wanting more details on any of these destinations may tap on a logo to be taken to their review page documenting all the important facts and features. Anyone interested in a current bonus offer in the middle column can simply click on the name to the right of it to visit the site and either claim it or look around first.
USA Online Casino MasterCard Deposits
Credit cards are welcomed at approximately 99% of USA online casinos so a MasterCard holder should never be without a place to play. Surprisingly, operators are likely to be even friendlier to them than their rival VISA, since they act as a cooperative for over 25,000 international subsidiaries worldwide.
This is very important because the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) tried to regulate online betting in the U.S. and made it illegal for American financial institutions to process monetary transactions between players and their favorite sportsbooks and poker rooms. Therefore, with the MC global network there was a better chance that a foreign bank was ready and willing to facilitate it. Of course, this became moot when SCOTUS struck down the laws in 2018 and legalized the entire industry.
Regarding what occurs behind the scenes, all purchases with virtual plastic obviously require an exchange of personal details, which can sometimes be dangerous in a digital era. That said, the operators do keep information on file and use the exact same encryption methods as banks, so future transfers are hassle-free and always 100% safe. Another thing to remember is that most places impose minimum and maximum deposit limits aside from any normal thresholds established by the company itself.
Once approved it’s instantaneous and credit checks do not need to be performed if the data used to open the account matches what MasterCard has on file. They have thousands of employees across the world working on improving fraud protection, reduced liability, and identity theft, so it’s not uncommon for a transaction to get falsely flagged if it looks irregular. However, the acceptance rate is actually slightly higher than VISA deposits at betting websites due to their robust global network and excellent international partnerships. Consequently, this is the one to grab out of the wallet first whenever possible.
Gamble Online with MasterCard
In this day and age there are tons of different ways to move funds around but credit cards will still be at the top of the list for people who want some familiarity and a clear paper trail of what has transpired. Anyone looking for these things should always try to deposit at online casinos with MasterCard instead of the others because the acceptance rate is higher and the merchant fees are lower.
Why should you care about the fees? Simple: it’s now very much in fashion for the operators servicing the USA to pass their total costs directly on to customers.
For many years they had no problem covering the processing costs since this was how 95% of the public funded accounts. Sadly for Americans, the free ride is over for this payment method and those wanting to continue using them better be ready to pay for the privilege – sometimes up to 8% or more.
The easier and cheaper alternative is found in our guide to Bitcoin gambling for U.S. players that has all of the details of why it’s one of the best options today. The financial transactions are 100% confidential and most agree that it’s the only way to go.
History of MasterCard
During the beginning of the country’s love affair with plastic money, shortly after the end of World War II, they were still being referred to as “charge cards”. John Biggins at the Flatbush National in Brooklyn, New York saw millions of returning servicemen and women, and correctly predicted that there would be a lot of consuming taking place throughout the Empire State (and beyond).
Biggins then devised Charg-It to allow buyers to purchase goods without having the cash, allowing them to immediately take products home. The bill would be passed on to Flatbush National for reimbursement and he would be responsible for collecting the “loan”, which customers had 30 days to re-pay. It was a brilliant scheme – as long as the Charg-It holder had an account with them and only shopped at participating local merchants.
In the mid 1960s, the Bank of America figured out a way to liberate shoppers from regional restrictions through an innovative network of partners across the country that would guarantee the purchases. The BankAmericard, ultimately known as VISA, triggered the “buy now and pay later” revolution by eliminating the obligation of full payment within 30 days in favor of revolving credit and interest on the “loan.”
It didn’t take long for every major financial company in America to realize the revenue potential of the groundbreaking system and they all started clambering for a piece of the action. In New York, First National City (eventually called Citibank) hustled its Everything Card onto the market. Out on the west coast a posse of heavy hitters including Wells Fargo, the Bank of California, and Crocker joined forces to issue the Master Charge: The Interbank Card.
After a decade of shuffling and merging and positioning, the 1980s arrived with two major titans towering over the industry – the battle for supremacy had begun.