As a payment service, Mastercard forms the second-largest payment network in the world. In fact, it is right behind Visa in this regard. Mastercard is a popular choice for individuals and businesses alike because of the robust security infrastructure it brings to its transactions. Therefore, it should be no surprise that it is a leading choice of payment method among sports bettors as well. Indeed, Mastercard betting sites in North Dakota are a dime a dozen these days.

In this article, you’ll learn about how to make deposits & withdrawals using Mastercard, as well as the upsides and downsides of using the payment method. You’ll also learn about some of its leading alternatives. Read on to learn more about Mastercard betting sites in ND.

About Mastercard

An alliance of banks launched a cooperative in 1966 for processing payments. Originally known as the Interbank, the service was created in response to the card issued by the Bank of America. The service grew to become the present-day Mastercard, whereas the latter came to be known as Visa. The business turned into a publicly traded firm with an IPO in 2006. Previously Master Charge, Mastercard facilitates transfers between the card-issuing banks of buyers and the banks of merchants to whom the payments are basically targeted.

Mastercard offers both co-branded debit and credit cards that you can use for transactions on betting sites. The payment method links to the betting site using a special code. Further, the transfer of funds takes place between your wagering account and a holding account, which is usually a bank. A given transaction must start from the end of the betting site, with proper security mechanisms, like usernames and passwords, in place.

You can also install the Mastercard app to make payments on the go. Apart from funds transfer, the app can also help you with locating nearby ATMs or merchant spots that readily accept Mastercard. The app is available for all major smartphone platforms, including Android, iOS, and Windows.

Make a deposit at a North Dakota sportsbook with Mastercard

Making a deposit on a ND betting site using Mastercard is an easy two-step process. First, identify a supported betting site and create your account. Secondly, choose Mastercard as your deposit method and confirm the transaction.

  1. In our list, you’ll find North Dakota betting sites that accept Mastercard. On this page, you can find a highly vetted list of sportsbooks that support Mastercard. Once you find one you like, proceed to register using your details.
  2. Create an account. Enter your personal details such as name, email, and phone number to sign up. If prompted, verify your account by providing supporting documents that prove your identity and age.
  3. Select Mastercard as your preferred method of deposit. Visit the cashier/banking section of your wagering account and select deposit. From the list of payment methods shown, choose Mastercard.
  4. You will need to enter your credit card information. Input your card details, such as the card number and the expiry date. You can also use the autofill feature of your browser for speedy input of details.
  5. The transaction must be confirmed. Enter the amount you want to deposit if you haven’t already. Following this, a verification code will appear in your SMS or email inbox.
  6. Place your bets. Once you confirm the transaction, the funds will appear in your sportsbook balance. You can now make your first bet with your deposit.

Withdraw to Mastercard at North Dakota sportsbooks

Cashing out your winnings at North Dakota gambling sites online is an extremely simple process. Initiate a withdrawal request from the banking section of your sportsbook, then enter your details and confirm.

  1. To cash out, go to the North Dakota sportsbook cashier. Log in to your sportsbook and head to the banking/cashier section. Select withdrawal to initiate a cash-out request.
  2. Enter the withdrawal amount and select Mastercard. Choose Mastercard from the list of withdrawal methods. You will receive a push message later to authenticate the withdrawal.
  3. Provide your Mastercard information. Input your Mastercard debit card details, such as the card number and the expiry date. Upon receiving the funds, you can access them over an online transaction or withdraw them at an ATM.

Pros of using Mastercard at ND betting sites

Mastercard comes with many benefits for use on betting sites. Among them are safety features and wide acceptance, as well as speed and convenience. You can explore each one of them in detail below.

Safe payment method: Mastercard features one of the leading online security protocols in the world. Further, constant updates to the security system mean that a third party cannot access your banking or transaction data. The fund’s transfer procedures also include strong provisions against money laundering.
Widely accepted: Given Mastercard serves over 300 million customers worldwide, it should be no surprise that plenty of betting sites support the payment method, too. Mastercard also features satellite offices as well as an operational range both across and beyond the US. It is indeed a leading choice of payment method on betting sites owing to its wide acceptance and reach.
Quick transactions: The speed of transactions is rarely an issue when using Mastercard on betting sites. Your deposits will get processed instantly, whereas your withdrawals will usually get completed in about 2 hours. If you run into an issue with the timelines, you can reach out to your sportsbook support to sort out the issue.
Easy to use: On top of the above features, Mastercard is extremely simple to use. You just need your card details to make a transaction. There is no need for complicated sign-ups or visits to a physical location. You can carry out the entire process of deposit and withdrawal from the convenience of your online sportsbook in North Dakota.

Cons of using Mastercard on ND betting sites

As feature-rich as Mastercard may be, there are some drawbacks to using it. These include transaction failures and privacy issues. Below, you can explore them briefly.

  • Payments can get denied. As many financial institutions, including banks, are still uncomfortable with processing betting site transactions, your transactions may get occasionally declined at no fault of your own. This can be relatively annoying for the avid bettor who is used to a variety of payment methods that don’t run into this problem. These mainly include non-card options.
  • You need to enter your credit card information. Unlike other payment methods, such as third-party online wallets, you need to provide your card details to each sportsbook you visit. So, frequent bettors who use many sportsbooks may not like this aspect of using Mastercard. You have to divulge your banking details to individual sportsbook operators, which can expose you to cyber theft or fraud.

Other alternatives to Mastercard on North Dakota sportsbooks

Mastercard is not your only option for making transfers on betting sites. You can choose other card providers like Visa, Discover, and American Express, or use a payment service like Play+ or Neteller. Below, you can explore each one of these alternatives briefly.

Visa: This is the largest payment network in the world and also the main competitor to Mastercard. You can enjoy fast deposits and withdrawals, besides world-class security features. Further, the transaction charges are also very modest.
Discover Card: It is the best way to balance safety and convenience features. Besides secure payments, you get plenty of rewards, cashback, and welcome bonuses. The betting sites that support Discover are also legitimate.
American Express: This card brings top-notch security alongside 24/7 customer support. You get cashback rewards as well as matched bonuses. Also, you get a mobile app and can win real-world prizes such as holiday packages.
Play+: This is a prepaid card option available on betting sites. The service enables instant upload and download of funds from your sportsbook account free of charge. Further, your funds are securely insured with a partner bank.
Neteller: This is an e-payment as well as an e-wallet service for making payments online. The platform offers support for multiple currencies. Moreover, it provides free and fast transactions alongside generous transfer limits.

FAQ

Do all ND sportsbooks accept Mastercard?

No, not all ND sportsbooks accept Mastercard. But an increasing number of them do. Besides that, you can find a curated list of the supported sportsbook right here on this page. You can also locate the Mastercard payment method manually near the bottom of betting sites, or in their terms & conditions.

Is it safe to use Mastercard at North Dakota sportsbooks?

Yes, it is extremely safe to use Mastercard at North Dakota sportsbooks. Mastercard comes with robust security protocols as well as a strong anti-money laundering policy. The company also invests heavily in regular security updates. All of this comes to you on top of the standard encryption of your banking and transaction details on betting sites.

Should I use my Mastercard at offshore betting sites?

No, you should not use your Mastercard at offshore betting sites. It is not safe to do so. You may have to subject your data to foreign servers and VPN services. Further, some dishonest operators may deliberately engage in fraud, taking advantage of the often loose regulations surrounding offshore betting markets. So, your best bet is to bet using a US betting site to secure your personal and banking data.