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Prepaid card betting sites in Massachusetts

In this guide, we’ll break down the best prepaid betting sites in Massachusetts. We'll also go through the different types of prepaid cards, and the pros and cons of the payment method.

Table of contents

What is a prepaid card?

A prepaid card is a card that you can load money onto it. The card itself holds the money and is not in an external bank account managed by a financial institution. That means it’s not like a debit card that’s attached to a bank account, and so, the money in your bank account is directly connected to the debit card.

So, if a prepaid card is not linked to a bank account, how does it work? Well, to begin with, a prepaid card is one that you can add money to via a bank card, for example. Think of it as a gift card you buy at a store. You can spend whatever money is loaded onto the card. Once that cash is used up via online or physical store locations, you’ll need to add money onto it again.

You get the card at a physical store or online. The cards will have a certain amount already pre-loaded onto them. It’ll have specific denominations like $50, $100, $150 and so on. So, all you have to do is hand over the equivalent amount in cash to the store you’re buying the prepaid card from.

Another thing you should know is that prepaid cards can come in a physical form or as a virtual card. The physical ones can be bought at a store in the mall, for example. While the virtual ones can be bought online via various suppliers.

At the end of the day, there’s no need for network access at the payment collection points or at prepaid card betting sites. The money can be deposited and withdrawn straight from the card.

How to use a prepaid card on a betting site in MA

How to use a prepaid card on a Massachusetts betting site is a straightforward process. When you want to sign up with Massachusetts betting sites that accept prepaid cards, there are a number of things you need to be aware of.

First of all, make sure that the site is licensed to operate in MA. Also, take a look at the range of sports betting markets on the Massachusetts betting site so that you know if your favorite sports are available. Don’t forget to read some reviews about the site to see what people have to say about it.

If all looks good, you can sign up with them and make your first deposit using a prepaid card. Remember to check if:

  • There are any transaction fees and how much they are.
  • How long do the payments take.
  • The minimum and maximum deposit and withdrawal amounts.

Depositing with a prepaid card

  1. Head to the cashier section of your sportsbook account. Most times, all you have to do is to click on the “deposit” button in the top right corner of the screen.
  2. Check which payment methods are available and select “prepaid card”.
  3. Put in how much you want to add to your sportsbook account. Make sure that this amount is less than your prepaid balance amount. Also, leave room for any transaction fees from the sportsbook.
  4. Put in the numbers on your prepaid card. There are usually 16 numbers, CVV number and expiry date. These are the same type of details you’d add with a credit or debit card.
  5. Confirm the transaction.
  6. Within a few seconds, your new account balance should reflect.
  7. At the same time, your prepaid card’s balance should be reduced based on how much you’ve deposited.

Withdrawing with a prepaid card

Unfortunately, you can’t directly withdraw onto a prepaid card. This is simply because of the way the car works. You’ll need to choose an alternative withdrawal method even if you used a prepaid card to make your deposit. Here’s a guide on how to do that.

  1. Go to your account’s cashier section.
  2. Select withdraw funds
  3. Choose how much you want to take out of your sportsbook account
  4. Then pick a payout method that’s most convenient for you. This can be an EFT into your bank account or payment into an e-wallet like Skrill or PayPay.
  5. Check the transaction fees so that you know how much you’re paying.
  6. Enter your bank account or e-wallet details, then click withdraw.
  7. This may take a while as the sportsbook communicates with the banks in order to complete the transaction.
  8. Once the payment is complete, you can then transfer from your bank or e-wallet onto your prepaid card.

Types of prepaid cards

Below, we’ll give you quick information on what different types of prepaid cards you can use at MA online sportsbooks and how they work.

  • Reloadable prepaid cards: Reloadable cards can be used over and over again because, once they cash on them runs out, you can simply add more, hence they are “reloadable”. This can be done via a credit or debit card, or at an ATM.
  • Gift Cards: Gift cards can buy these at a store or online. They’ll have a set amount on them such as $50 or $200. You’re free to use the cash on the gift cards, but remember to keep track of how much you’re using so that you know how much is left before you make your next purchase. Unlike a reloadable prepaid card, a gift card can only be used once until the money is finished. You usually can’t reload more cash onto a gift card.
  • Visa prepaid cards: Most banks will issue you with a Visa card for your credit or debit card. But you can also get a prepaid card from them as well. This card is usually reloadable, so you can add money to it and use it to make a deposit at an MA sportsbook.

There are many more different types. They include Mastercard prepaid cards and retail prepaid cards. All of these can be used on an online sportsbook as long as they have some cash on them that you can use.

Reasons to use a prepaid card on a betting site in MA

There are many reasons why bettors love to use prepaid cards on Massachusetts betting sites. Find out why below:

  • Safe and anonymous: Your bank won’t ever know that you’ve been playing at online betting sites. They’ll only see that you added funds to a prepaid card and nothing else.
  • Good for managing how much you spend: Unlike a credit card, you can only use as much money as what’s on the card. It’s the perfect way of managing how much you’ll deposit at a sportsbook.
  • High acceptance rate: Many online betting sites acknowledge how convenient prepaid cards are. This is why more and more of them are including it as a payment option.
  • Fast transactions: It only takes a few seconds for your deposited funds to reflect in your sportsbook account. This is great for punters who want to immediately start betting.

FAQ

Do all betting sites in Massachusetts accept prepaid cards?

There’s a very high possibility that all MA betting sites will accept prepaid cards. As long as they take debit and credit cards, then there’s almost a guarantee that they’ll also accept a prepaid card.

Can I withdraw to a prepaid card from a MA online sportsbook?

No, It’s unlikely that you’d be able to withdraw onto a prepaid card, especially a gift card from a betting site in Massachusetts. They are meant to only make payments as opposed to receiving money. The prepaid card will need to be connected to some banking institution in order for it to be able to accept the sportsbook’s payout.

Can I use a prepaid travel card on a betting site in MA?

If you can use a prepaid travel card on a betting site in MA depends on the issuer of the prepaid travel card. Since they are based on the local currency of where you’re travelling to, some sportsbooks may not accept them.