The MuchBetter e-wallet is becoming a popular deposit and withdrawal option adopted by online casinos and players. This financial solution offers super-fast transaction speeds, high-security standards, and an easy-to-use mobile application.
In this guide, we’ll look at exactly what this e-wallet offers online gambling enthusiasts.
Table of Contents
MuchBetter has risen through the ranks of online casino and sports betting thanks to a new policy by one of its rivals. The MuchBetter eWallet set out to disrupt
The Fall of PayPal and the Rise of MuchBetter Casino Payments
In October 2019, PayPal cut ties with any online gambling site without domestic online gambling casino licensing. In other words, if your country or jurisdiction does not have a local licensing authority like the United Kingdom Gambling Commission (UKGC) or the Alcohol and Gambling Commission of Ontario (AGCO), then you will no longer have PayPal as an option to make deposits or withdraws for online gambling.
MuchBetter, an eWallet, has taken full advantage of PayPal’s decision to exit the Curacao eGaming (CeG) and Malta Gaming Authority (MGA) online casino markets.
Quick Facts
- It is perfect for funding online gambling.
- It accepts EUR, NZD, GBP, ZAR, and INR.
- Instant deposits are available as soon as MuchBetter approves funds.
- A popular online casino and sports book withdrawal option with some platforms offering instant withdrawals.
- Access a recorded and comprehensive history of all deposits and withdrawals in your MuchBetter account.
- Free deposits to online casinos.
- MuchBetter mobile application for simple operation.
- You can claim bonuses as online gambling platforms rarely exclude MuchBetter from promotional deals.
- Free key fob for contactless payment in shops.
- Raffle and cash prizes for members every week.
What is MuchBetter?
MuchBetter is an eWallet payment service provider. It is owned by the brand MIR Limited UK Limited, with headquarters in the city of Reading, west of London. The company is licensed as an electronic money institution by the British authority FCA and the UK Financial Conduct Authority.
Interestingly, the payment provider was initially designed specifically for the area of iGaming. Fast deposits and withdrawals, a high level of security and attractive casino bonuses are some of the highlight features of MuchBetter.
- FCA financial licensing from the UK – a strict financial regulatory body
Since its establishment, MuchBetter has spread from casinos to offering its services to online shops and is increasingly being used as an online payment option. In addition to online payments, the service provider is being used in brick-and-mortar stores in which customers can pay using a free MuchBetter key fob.
Video: How To Start Using MuchBetter
The Advantages of MuchBetter Casinos
Online casinos always strive to offer the best customer service to stand out from competition. By offering the MuchBetter eWallet, online casinos can set themselves apart.
MuchBetter offers customers a wealth of great features and functions including processing deposits in real time. This allows players to see a credit in their accounts almost immediately.
The payouts are also processed in real time. However, the speed of processing payouts depends on the online casino, which should be considered.
All transactions to or from a MuchBetter casino are also protected against access by third parties. Customers can secure their accounts using a PIN, fingerprint or facial recognition.
Another special feature is MuchBetter casino bonuses which allow casinos to offer customers exclusive bonuses when using this eWallet. All bonuses will not only appear on the casino operator’s website, but also in your own MuchBetter account.
Video: Customer Recommendations
How to Download the MuchBetter App
To benefit from MuchBetter you first have to download the MuchBetter app on your smartphone.
Download the app from:
- Google Play Store
- Apple App Store
Countries You Can Download the App |
---|
Ireland |
The UK |
Canada |
India |
South Africa |
New Zealand |
How to Create an Account
Once the app is downloaded, you can create a MuchBetter account with your own telephone number and some personal data. Here you can also set up a security method to use to confirm transactions in the future.
- Download the MuchBetter app
- Create a MuchBetter account using your telephone number.
- Enter your personal information such as name, address, and DOB.
- Choose your proffered security option, such as PIN number, fingerprint, or facial recognition.
- Verify your identity (Passport or government issued ID).
Attention! It is important to note that the telephone number you register at a MuchBetter Casino must match the telephone you used when you created your MuchBetter account.
Video: MuchBetter Security Features
How to Make a Deposit (Video Included)
MuchBetter is designed for speed and ease of use. Transactions are completed in just a few seconds and the entire process can be completed in less than a minute.
To make a deposit, simply head to a MuchBetter Casino and select Deposit with MuchBetter from the transaction options. Players then can set the amount of money to be transferred.
In the next field, you are required to enter your phone number, so the money is clearly assigned to your own gaming account.
Steps to make a deposit:
- Select deposit with MuchBetter in the online casino
- Set the amount to be transferred
- Enter your telephone number (must be the same number registered to your MuchBetter account and Casino)
- Confirm the incoming message about the planned transaction on your smartphone
Video: How to Deposit to MuchBetter
What deposit options do I have to fund my MuchBetter eWallet?
Before you can deposit funds into an online casino with your MuchBetter eWallet, you must first top it up. MuchBetter offers a range of different types of transaction methods.
- Bank transfer
- Instant bank transfer
- Giropay
- CashtoCode
- PayNow
- Credit cards including Visa and MasterCard
- Debit cards
- Trustly
- Bitcoin
How to make a withdrawal?
The withdrawal process is very similar to how you deposit money into your gaming account. First, you must go to the withdrawal options in the online casino. Choose to withdraw with MuchBetter and set the amount. The next step is to enter your telephone number – the exact same number registered to the MuchBetter Casino and your MuchBetter account. Once this is done, the online casino receives notification of the planned withdrawal and will begin to process it. The processing period can take anything from a few seconds to several hours, it depends on which online casino you are using.
Steps to make a withdraw:
- Select withdraw with MuchBetter in the online casino
- Set the amount to be paid out
- Enter your telephone number (must be the same number registered to your MuchBetter account and Casino)
Can I receive a casino bonus with MuchBetter?
Players can take advantage of online casino bonuses in every MuchBetter casino. Offers can include typical welcome bonuses, first deposit bonuses or special seasonal bonuses.
Depending on the casino, you will receive different types of exciting bonuses and/or free spins. The casino may also offer reload bonuses, cashback offers and other promotions to keep players excited.
There may also be various casino bonuses to be won in the VIP and loyalty programs in live casinos as well as in sweepstakes and slot machines tournaments.
It is also really great that more MuchBetter casinos are now offering customers special casino bonuses when using this payment service provider due to the elimination of PayPal. This so-called MuchBetter bonus is often significantly higher than the normal casino bonus or the comparable reload bonus!
Bonus Variants
- Lucrative welcome bonus
- Better reload bonus
- More free spins
Key Advantages: Another advantage is by using a MuchBetter account, you will always receive the latest casino bonus offers from your preferred MuchBetter casino. You won’t miss out on magnificent offers, even if you haven’t logged into the online casino for a while.
MuchBetter Rewards
A great bonus of being a MuchBetter account holder is the opportunity to win MuchBetter Rewards. Sending money through MuchBetter, can earn you cash as a reward!
For every 10 Euros, you send via MuchBetter and wager in a MuchBetter casino, will earn you one loyalty point. Transactions with family members, friends and topping up the MuchBetter eWallet can also bring you more loyalty points.
At the end of each week, month and year, lucky people will be chosen to receive a great prize.
Free Credit Card Option
In addition to all the advantages already mentioned, account holders are given a free card in the form of a prepaid card, which you can apply for when you create your account. The MasterCard allows you to buy things over the internet, book hotels or even flights.
You can also easily withdraw money in the local currency from ATMs abroad. However, it is important to note that since this is a prepaid credit card, you must load money onto the card before using it.
Credit card transaction limits
ATM:
- A total of 5 cash withdrawals per day for a total of 300 euros
- A total of 15 cash withdrawals in 30 days totalling 2,000 euros
- A total of 180 cash withdrawals in 365 days for a total of 20,000 euros
Shops:
- Purchases in one day limited to 4,500 euros
- Purchases in 30 days limited to 22,500 euros
- Purchases in 365 days totalling 90,000 euros
Note: It is important to note, the MuchBetter credit card has protection against theft. This means that after you have used contactless pay five times, you will have to log into your MuchBetter account in order to unblock it!
How Secure are my Data and Transactions at MuchBetter Casinos?
All transactions are encrypted and every deposit or withdrawal to or from an online casino to or from your MuchBetter account requires the correct telephone number. It will also secure every transaction with the MuchBetter with three distinct features – PIN, fingerprint or facial recognition.
Three security systems for transactions with MuchBetter:
- PIN
- Touch ID
- Facial ID
Key Fob for Contactless Payments
In addition to the prepaid credit card from MasterCard, when you create your MuchBetter account you can also select to receive a small key fob. With this small device, you can make contactless payments in many shops around the world.
To ensure security, there are limits to the maximum amount that you can pay with the MuchBetter key fob. Depending on the country, the maximum amounts differ considerably.
For a complete run-down of all payment methods accepted by online casinos, you can visit our main payments page here!
Interesting! Some MuchBetter casinos even offer you very unusual key rings for the first deposit with MuchBetter and the associated creation of the MuchBetter account. The payment provider then provides these with the symbol or the lettering of the corresponding online casino!
FAQ
What is MuchBetter?
MuchBetter is an eWallet payment service provider that was initially designed primarily for the iGaming industry. Fast deposits and withdrawals, a high level of security, and the simple linking of offers to the casino bonus are some of MuchBetter’s best features.
Is there a no-deposit casino bonus with MuchBetter?
Unfortunately, this is not available directly from MuchBetter. It depends on the exclusive bonuses each casino is offering. However, many MuchBetter casinos do offer a no-deposit bonus for testing that you can claim through the online casino. You can then later choose MuchBetter as your preferred payment option.
Does MuchBetter work on a PC or only smartphone?
Currently, the MuchBetter payment service in online casinos is only available on smartphones and tablets via the corresponding MuchBetter app. It is not possible to use MuchBetter on a PC. For the app downloads, see the MuchBetter website!
How can I change my old phone number at a MuchBetter casino?
If you have stored your old phone number in an online casino and now want to use MuchBetter for your deposits and withdrawals, please contact customer service to change it.
As a customer in an online casino, can I change my payment option to MuchBetter?
Yes. In most cases, this is possible. However, you must contact the customer services of the MuchBetter casinos in question to make the change.
Can I create more than one MuchBetter account?
Due to the high-security standards, only one MuchBetter account is allowed per person.
I entered the wrong phone number when sending with MuchBetter, will I get my money back?
If you accidentally made a mistake in the recipient’s phone number when sending money via MuchBetter, you should contact MuchBetter customer service. They will try to get your money back. There will be no transaction if there is an error in your own phone number.
Can I deposit money into my MuchBetter account with Bitcoin or other cryptocurrencies?
Currently, you can only deposit with Bitcoin. Bitcoin Cash and other cryptocurrencies are not permitted for deposits.
Which currencies can I use with MuchBetter Casinos?
Euros (EUR) for our Republic of Ireland audience, New Zealand Dollars (NZD), Great British Pound/Sterling (GBP), South Africa Rands (ZAR), and India Rupees (INR) are also all available. Plus, you can transact using cryptos as mentioned!
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