Credit Card Deposits At Online Sportsbooks
Credit cards occupy a valuable niche as a deposit method for online sportsbooks. They are the method of deposit that most people are familiar with, and thus are very widely used. All sportsbooks, even the most crypto-focused ones, accept credit cards, usually multiple options such as American Express, MasterCard and Visa.
Credit card deposits do come with downsides, however. They often have fees applied to them, and depositing with a credit card at online sportsbooks can take longer than depositing with cryptocurrency. Still, they remain a popular deposit method for online sportsbook users.
Depositing With A Credit Card – Make Sure Your Sportsbook Takes It!
When you deposit with a credit card, it’s important to make sure that your online sportsbook of choice accepts that credit card. For example, both Bovada and BetOnline accept MasterCard, but some credit cards can only be used at BetOnline. Here is a comparison between Bovada and BetOnline’s credit card acceptance rates.
Credit Cards You Can Use At Bovada
Credit Cards You Can Use At BetOnline
Credit Card Sportsbook Deposit Limits
Different sportsbooks will have different minimum and maximum deposit amounts for credit cards. Below, you can see a comparison between BetOnline’s deposit minimums for various credit cards and Bovada’s deposit minimums and maximums for various credit cards. This matters, because if you’re trying to deposit a lot of money, you might need to do so over multiple deposits, and if you want to put in a small amount, some sportsbooks will let you, while others have higher limits.
Bovada Credit Card Deposit Minimums
| Credit Card | Min Deposit |
|---|---|
 Visa |
$20 |
 Mastercard |
$5,000 |
BetOnline Credit Card Deposit Minimums
| Credit Card | Min Deposit |
|---|---|
 American Express |
$25 |
| Mastercard |
$25 |
 Discover |
$25 |
| Visa |
$25 |
Bovada Credit Card Deposit Maximums
| Credit Card | Maximums |
|---|---|
| Visa |
$1,500 |
| Mastercard |
$1,500 |
BetOnline Credit Card Deposit Maximums
| Credit Card | Maximums |
|---|---|
| American Express |
$5,000 |
| Mastercard |
$5,000 |
| Discover |
$5,000 |
| Visa |
$5,000 |
Credit Card Sportsbook Fees
The number one thing you need to keep an eye on when you deposit at a credit card sportsbook is fees. Fees are effectively a tax charged to you when you deposit with a credit card at an online sportsbook. This is an important number, because sports betting is a margin game, and these fees cut into your margins.
Credit Card Sportsbook Deposit Fees
- Bovada – First deposit has no fees, further deposits have fees of 15.9%
- BetOnline – Fees are applied to all deposits at a rate of 9.75%
Credit Card Sportsbook Bonuses
Most of the major international sportsbooks prefer to deal in cryptocurrency. This preference is demonstrated through their bonuses, which are often more beneficial to crypto users than to credit card users. Still, credit card users are eligible for bonuses at many online sportsbooks, including Bovada and BetOnline.
| Sportsbook | Bonus | % Bonus | Min Deposit | Max Deposit |
|---|---|---|---|---|
| Bovada | Credit Card Welcome Bonus | 50% | $25 | $250 |
| BetOnline | Sports Welcome Bonus | 50% | $55 | $1,000 |
| BetOnline | Sports Reload Bonus | 25% | $50 | $250 |