Looking for an easy way to finance your casino accounts? E-wallet is considered as the safest, easiest and fastest payment methods out there. There are several e-wallet services introduced in the market, which may make the selection tough for you. MuchBetter is one such e-wallet service which we highly recommend because it is not just reliable but easy to use and has won multiple awards for its innovation. Many biggest online casinos have added this as their payment and withdrawal option, which makes it further more trustable payment method.
What is Muchbetter?
MuchBetter is a new app-based payment service which has been launched by MIR Limited UK Ltd. Since its launch in 2017, this award-winning e-wallet payment solution has become increasingly popular with players from online casino because of its advanced security features along with real-time transaction capabilities.
MuchBetter currently caters to 150,000 active users across 150+ countries around the world. Because of its speedy success, it has been nominated for various awards and has won multiple time as listed below.
- Rising Star award from EGR B2B Awards in 2018
- Payment Innovation for the Year from Payment Awards in 2018
- Best Startup Innovation Award from MPE (Merchant Payments Ecosystem) Awards in 2019
- Best Alternative or Digital Payments Programme from The Card & Payment Awards in 2019
MuchBetter for Gambling
If your method of finding the popular casino is by simply clicking on the first link that appears after searching for it on Google, you are doomed. Yes, we know that Google prioritises highly rated websites and displays those results on the first page, but did you know, websites can also advertise their page to rank it higher by creating a campaign with Google Pay Per Click? This is a different conversation all together and we will not get into that. We just want to emphasise here that you need to dig deeper to figure out the right casino where you can deposit your hard-earned money without any inhibitions.
There are various factors you need to consider while selecting as casino, payment method is one of them but not the only criteria. You need to make sure that the casino hosts your favourite games, offers good promotions, has a rewarding loyalty program, has a high payout rate, is licensed and regulated, and is secure to make transactions.
The payment method is also an essential factor that you need to look into while playing at a casino. Not every casino offers payment using MuchBetter. you will find traditional transactions such as payments through credit or debit cards available in all the casinos. But with time, we have noticed that most casinos have adapted these new e-wallet payment methods.
As a result, you will see that many casinos have started accepting MuchBetter as a payment method. You have to just visit the casino payment page and check if they accept MuchBetter as a valid payment option.
Advantages of Using MuchBetter in Casinos
We have tested using MuchBetter for casino transactions and we like several things about it, but what we love the most is the speedy transactions you can make using it. Remember to add funds to your MuchBetter account so you can make deposits in the casino within seconds and can immediately start playing online games.
Secondly, we appreciate the fact that the payment methods are extremely secure, ensuring the security and privacy of your personal information all the time. You can rest assured as they use industry leading security measures such as dynamic passcode generation, device pairing and phone number verification so that your data is protected at every step.
If the above listed has not convinced you yet to opt for this payment option, then we are sure that their MuchBetter rewards will convince you to give this payment option a thought. If you are aware of online casino rewards, this is very similar. You will earn MuchBetter points each time you use this payment option at gaming sites. That is not all, on every Monday you will get a change of winning cash prizes just if you use this payment method. Furthermore, they will enter you into Muchbetter’s annual Mega Draw and you can get the chance to win amazing prizes such as VIP trip to Las Vegas.
Disadvantages of Using MuchBetter in Casinos
With so many benefits attached, we hardly find there are any cons to using MuchBetter but we still are going to lay it out for you to decide if this is a deal breaker.
This payment option has certain jurisdictional restrictions, but if you are a Kiwi player, then you can easily use this method to make payments at casinos that use them.
The only drawback you may feel as a gambler is that they charge a small fee for withdrawal. The amount is significantly lower than what several other companies charge, but you may still require to pay the amount before you can make the withdrawal. We have discussed the fees they charge in detail further ahead in this article.
How to Create MuchBetter Account
Using MuchBetter as a payment option for your casino account is quite an easy process, which takes a few minutes to finish from start to end as mentioned below.
- Go to Muchbetter.com and sign up
- You will need to enter your details into a registration form which will ask you to fill information like name, address, email and phone number.
- Choose a 4-digit passcode, enter your mobile number, and enter the code you receive via SMS.
- After verification, you will be able to top-up the account and use it.
- If you verify your ID, you will be able to unlock things like free Mastercard, increase your account limits and order a contactless key fob.
- Next, you have to select funding methods and add funds to your account.
- If you use a card, verify it to increase your deposit limits.
All that remains is to head over to the cashier/deposit page at your selected casino and make a deposit. Select MuchBetter as the payment method, decide the amount you wish to deposit and then enter your phone number. You will receive a confirmation message on your MuchBetter app in smartphone, which you will have to approve, and the transaction will be processed immediately. The funds requested will be added to your online casino account and you can start playing your favourite slots or table game in the casino.
How to Withdraw from Muchbetter
More than the deposit method, players are interested to have the option of quick withdrawal after a successful gaming session. Through MuchBetter, you can make withdrawal as easily as you make the deposit in the casino.
You have to head over to navigate to the casino cashier section and select the MuchBetter logo to choose it as your withdrawal option.
- Enter your phone number
- Enter the withdrawal amount
- Confirm the transaction
The funds will get credited to your account once the casino has processed the transaction which takes up to 3 business days usually to complete.
Unfortunately, it takes more time for the casinos to process money flow out of them as compared to the money flow into the casinos. Remember, they are in this business to make a small profit of every wager in the long term. Apart from them, it is for your own good as casinos need to make sure they are sending the money to the right person.
Your documents need to be verified for any withdrawal to happen. You can get it verified much before you request a withdrawal to speed up the process.
The only drawback which we find of using this payment option is that it is associated with a certain fee which is attached to withdrawals.
Making a payment using this e-wallet method is free of any cost using your bank account, and casinos do not charge any fee for making deposits using MuchBetter. There are no further costs that they charge to send money using the payment apps or MasterCard to the casino.
The fee they charge for withdrawal is significantly lower than many other withdrawal options, but you will still need to pay it. The cost is usually 0.99% if you choose to withdraw funds from an ATM using your MasterCard. If you use your debit or credit card to withdraw, the fees can be as high as 2% hence most players prefer MuchBetter over these payment options. You can check these fees by tapping on the ‘Withdraw’ in the account section of the app.
You can download the Muchbetter app of your phone from Google Play Store (4.1 out of 5 stars) for android phones or App store (4.6 out of 5 stars) for any Apple device, The apps itself are rated so high which showcases the quality of the app, interface and experience of the users.
The entire payment and withdrawal process can be quickly done in a matter of seconds using your mobile as we have mentioned the process above. The app itself is extremely secure to use, hence do not have any apprehensions in downloading and using it for gambling.
The deposit and withdrawal through Muchbetter app is very similar to Neteller or Skrill, but the only difference that also works in your favour is that Muchbetter is optimised for gambling transactions while the other two are not. This will make the whole payment process stress-free.
It's very secure, Muchbetter accounts are protected with multiple layers of security such as device pairing, ring ID, dynamic security codes, and a transition review system to ensure only legitimate transactions pass and avoid any issues for your customers.
It will really depend on the user's needs. Many online casino players find it safer than alternative payment methods. One of the good things about MuchBetter payment method is that you can make deposits in the casino within seconds and immediately start playing online games while preserving the security and privacy of your personal information all the time.
Not every casino offers MuchBetter payment method option. You will find traditional transactions such as payments through credit or debit cards available in all the casinos. But with time, we have noticed that most casinos have adapted these new e-wallet payment methods.
To make a deposit via MuchBetter, you will first need to create an account at the casino you want to play at. Once this is done, if you already have a MuchBetter account, simply fill in your MuchBetter details in the payment option field and follow the casino instructions.
To withdraw money the process is similar, you will need to select MuchBetter as your withdrawal method and then enter your details accordingly.