Sportsbooks That Accept Prepaid Gift Cards

One of the safest, fastest, and easiest methods to deposit into an online sports betting account is with one of the many prepaid gift cards. Prepaid gift cards offered by many major credit card companies ensure that users do not have to upload their personal information into international sportsbooks. Players love them, and online sportsbooks do as well because they are nearly always accepted. The only times that they are not accepted is when either not enough money is on the gift card, or the prepaid card is not approved for international use. Make sure to double-check before purchasing that prepaid cards are approved for international purchases before attempting to deposit into an online sportsbook.

Best Online Sportsbooks That Accept Prepaid Cards

Prepaid Card Sportsbooks New U.S. Player Bonus Go To U.S. Betting Site

Bovada SportsbookReview50% Up To $250
BetOnline SportsbookReview50% Up To $1,000 NEW!
MyBookie SportsbookReview50% New Member Bonus!
XbetSportsbookReview100% Up To $300
Sportsbetting SportsbookReview50% Up To $1,000 NEW!

How Do I Deposit Using A Prepaid Gift Card?

Players may notice that the online sportsbooks that they are trying to join do not appear to offer a prepaid gift card in their deposit section. Do not worry, prepaid gift cards are treated like credit cards and are to be deposited as such. Enter the information on the card, select the deposit amount, and then choose between many excellent bonuses.

Benefits Of Using Prepaid Gift Cards To Deposit

Re-Usable - Many of these cards can be “reloaded” – so if you’re planning a trip and don’t want to carry a wad of cash, you can pack the card and go. Because these are actual Visa, Mastercard or American Express products, they are accepted internationally – and that often will include your favorite sports betting site. The one thing to remember here is that it is important that you make sure that the card you purchase actually is accepted internationally but other than that you should be good to go.

Point Of Purchase - These prepaid cards can be purchased online, and often you’ll find them in your neighborhood Walgreens, Wal-Mart, Kroger or convenience store. By paying a small upfront fee, you have essentially created an interest-free account with which to open your sports betting account online. Prepaid cards are widely available, and are easy to acquire.

Drawbacks Of Using Prepaid Cards

Potential Fees For Purchase - Well, of course, there’s always a downside. But with prepaid cards, there’s really only one: The card costs money to activate initially. If you use your debit card to fund your sportsbook account, of course, there is generally also an attached fee, so you can consider this to be a wash. (Also, please note that some sites may be charged a small percentage for accepting your card, in which case it is likely that this fee will be passed on to you. This, however, is uncommon.)

Acceptance Rate Of Prepaid Cards At Online Sportsbooks

BetOnline SportsbookWe hate to use the terms “guaranteed” or “100%”, but this is a scenario that allows us to assure you that you can use prepaid Visa and Mastercard, and usually American Express, cards at virtually any legal sports book you select – with one caveat. You must first call customer service at the site where you wish to place your bet, and ask them, “Which of these cards will you accept?” The Customer Service representative will let you know which card will work at that particular site, and give you any information that applies to the use of that card, i.e., fees that may be passed on to you. Buy the card, set up your account, and place your bet. Then turn on the television and cheer on your team or whatever team you are betting on that day.

Prepaid Card Sportsbook Deposit Limits

Each online sportsbook is different, and as such, they may allow different brands of gift cards, varying depositing limits, and contrasting fees. Comparing each of those categories is an excellent way to choose the right online sportsbook for prepaid gift card users.

Sportsbook Accepted Brands Minimum Deposit Maximum Deposit Fee
Bovada American Express, Discover, Mastercard, Visa $20.00 $1,500.00 15.90%
BetOnline American Express, Mastercard, Visa $25.00 $5,000.00 9.75%
MyBookie American Express, Mastercard, Visa $45.00 $2,500.00 4.90%
SportsBetting American Express, Discover, Mastercard, Visa $50.00 $2,500.00 9.75%
Xbet American Express, Mastercard, Visa $45.00 $2,500.00 4.90%

Sportsbook Payout Options After Depositing With A Prepaid Gift Card

Prepaid gift cards are not an eligible withdrawal method from online sportsbooks similar to credit and debit cards. Players will have to look at the various non-crypto withdrawal methods to find the best possible option for them. Online sportsbooks offer many different withdrawal methods that prepaid gift card users are eligible for, with money orders and check by courier options leading the way.

Prepaid Cards Vs. Credit Cards Vs. Crypto

Cryptocurrency is heralded by many as the next evolution in the sportsbook payment ecosystem, but prepaid cards have a lot of pros to them, even in comparison to cryptocurrency. We think it’s best to put prepaid cards in the context of what they can do compared to both crypto and traditional credit cards.

Prepaid Cards: Credit Cards: Crypto:
Usable at online sportsbooks? Yes Yes Yes
Usable at state-regulated books? Yes Yes Only in Wyoming
Do you get bonuses? Match up to 50% Match up to 50% Match up to 100%
Can you withdraw? No No Yes
How long to deposit? Up to 72 hours Up to 72 hours Instant
What fees are applied? 5%-10% 5%-10% No Fees

Best Sportsbooks That Accept Gift Cards

The top-rated prepaid gift card-accepting online sportsbooks in the industry offers competitive odds, multiple accepted brands, and large bonuses. Reviewing how each of those sportsbooks has separated themseleves is often a smart method to use when choosing which online sportsbook is the best option for you.

Bovada Sportsbook

50% Sign-Up Bonus Up To $250

Bovada Sports Betting

The strongest combination of transactional methods, odds, and bonuses, Bovada has offered prepaid gift card users their services since 2011. Their free initial deposit and withdrawal is a strong tool that bettors take advantage of, especially when using prepaid gift cards that can come with high fees on the way in and out.

BetOnline Sportsbook

50% Sign-Up Bonus Up To $1,000

BetOnline Sports Betting

Players looking to find the most professional, collegiate, and international betting options of nearly every sport in the world typically bet at BetOnline. Not only that, BetOnline also accepts more brands of prepaid gift cards then just about any other online sports betting site.

MyBookie Sportsbook

50% Sign-Up Bonus Up To $1,000

MyBookie Sports Betting

Prepaid gift card fees at MyBookie are the lowest in the industry. Their 4.9% fee is less than a third of what other online sportsbooks charge some of their clients. Long-term players who primarily use prepaid gift cards get the most of their money out at MyBookie.

SportsBetting Sportsbook

50% Sign-Up Bonus Up To $1,000

SportsBetting Sports Betting

Withdrawal options are abundant at SportsBetting, with four different types of payout options available for prepaid gift card players. Those options are Person to Person transfers, money orders, bank wire transfers, and checks by courier.

Xbet Sportsbook

50% Sign-Up Bonus Up To $500

Xbet Sports Betting

Well known for being easy to use for beginners, XBet is an excellent option for new prepaid gift bettors looking to bet on sports, politics, and entertainment. XBet's sign-up bonus is a great way to learn, and it has a very low 7X rollover.

Acceptance Rate Of Prepaid Cards At Online Sportsbooks

One of the primary reasons that players choose to use prepaid gift cards instead of their credit cards is because prepaid cards have a near 100% success rate. Credit and debit card transactions are subject to the Unlawful Internet Gambling Enforcement Act of 2006 which stipulates that banks are supposed to block all transactions to foreign online sports betting sites, but that same law is not relevant to prepaid gift cards. The only reason that online sportsbooks would reject a prepaid gift card deposit is that there is either not enough money on the card, the information that was entered is wrong, or the card is not eligible for international transactions.