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Something else we should also take into account is the ability of MuchBetter to protect your privacy. As is the case with many other eWallets, MuchBetter does not reveal your personal information when you make a deposit to an online casino.
Rather, the service reveals only so much as required to make a payment within its infrastructure. As such, you can enjoy your anonymity and maintain your privacy on the Internet, a luxury not extended with traditional bank transfers, for example.
Of course, no service is perfect and MuchBetter is not without its shortcomings. Having covered all important advantages, it is only fair to give you some idea of what you will have to put up with when using this payment solution.
For starters, MuchBetter is new to the global market and the acceptance rate at online casinos is not great currently. There are only a handful of websites that currently accept payment via MuchBetter and the number of available casinos while slowly rising, is not large.
You will be limited to a few select gambling websites if you choose to use MuchBetter exclusively and that is really to your advantage.
Another disadvantage that stems from the previous one, is that withdrawals are not always available via MuchBetter. Due to the low adoption rates, online casinos may not consider it worthwhile to offer withdrawals via MuchBetter.
This is a crying shame, considering that this service can process cash outs quickly and efficiently. This is also the case with other mid-tier payment solutions in the online gambling industry.
If you do find yourself at one such casino, then your only means of withdrawal will via bank transfer to your personal bank account.
MuchBetter is a solid service all things considered, but the low adoption rates from online casinos does not play to your advantage.
It is the realistically the only hurdle from MuchBetter becoming an even better banking solution. Granted, the service is still new to the scene and is primarily aimed at online gamblers.
As such, it is not unreasonable to expect adoption rates to increase greatly in the coming years, but as we currently stand, MuchBetter is nowhere near the levels of acceptance as other payment methods such as Skrill, Neteller or credit cards.
MuchBetter is advertised as being much cheaper than many other payment solutions on the market. To determine the validity of this claim, we will go over the fee structure of the service and see how it affects your bottom line.
Before you can actually get to making deposits, you first have to set up your MuchBetter bankroll and place money in your balance. You will have two different means of doing this, one with a bank transfer and one with a credit card.
As for the bank transfer option, you will not be required to pay a fee, though you may have to pay for the cost of the transfer. If however, you like to wager smaller sums of money, then the percentage fee will likely not break the bank.
We recommend that you do your own calculations and see which is worth it. When it comes to making payments, you will be happy to know that this service is entirely free.
You will be able to make deposits, receive money, send gifts, etc. The only scenario in which a fee is charged is when you make a payment in a currency different than that of your MuchBetter account.
Using your MuchBeter card is not too different either. You can use it online and at retail locations free of charge.
Additionally, when you withdraw money from an ATM you will also be charged 0. If you want to withdraw money from your MuchBetter balance back to a personal bank account, there are some charges involved.
Overall, MuchBetter does prove to be one of the cheapest banking solutions out there. If you have patience, you could use this service almost free of charge.
However, if you would like to go as quickly as possible, then the charges are not worse than those of any other service supported by the online banking industry.
Your deposits to online casinos will completely free, after all. Another aspect to consider is the speed of the transactions when using MuchBetter to control your bankroll.
Ideally, you want a banking solution which clears your payments as quickly as possible and allows you to enjoy your gambling experience with no downtime.
In this sense, MuchBetter is an excellent service. This eWallet is capable of processing your deposits in a matter of seconds , allowing you to enjoy your favorite casino games without the need to wait for a deposit to clear.
Withdrawals, on the other hand, are also processed in a swift manner. Since all payments happen within the MuchBetter infrastructure, all of them can be processed within seconds.
This means that as soon as an online casino is done with the review process and has sent the payment, you can have your money in a few minutes.
Of course, the review process can take up to 2 business days at some online casinos , so you also have to take that into account. In any event, MuchBetter handles payments in a quick and convenient manner and only outside factors can slow you down.
When choosing a payment method, some users have concerns whether or not they could use that service from their mobile devices. This can be done in a number of ways using Interac, Visa, MasterCard, or iDebit amongst others, for your convenience.
Many reputable online casinos these days are working with MuchBetter as a payment method, including those we at Casino.
Guide recommend to Canadian players. Using MuchBetter at the casino, is exactly like using any other payment method. Just choose MuchBetter as your payment method at your favourite online casino from the dropdown menu that appears when you go to make your deposit.
Once you have chosen the amount and confirmed, the funds are immediately transferred from MuchBetter to the casino cashier so you can begin to gamble away.
When you want to make a withdrawal, rest-assured, everything is equally smooth. That is, you can request a withdrawal direct to MuchBetter and you will see the money back in your e-wallet account — for more on the exact times, keep reading.
By the way, while MuchBetter is primarily considered an e-wallet for the iGaming industry , it can also be used as a general e-wallet for payments while travelling the world, or even peer-to-peer if you need to pay friends back or want to split a bill.
Once you have set up your MuchBetter account, and transferred money into it accordingly using any one of the many methods available , you are free to begin using it as an e-wallet immediately.
In terms of the payment process timeframe when using it at an online casino, for deposits, the process is instant. That is, your deposit is processed in real time and the money you deposited is instantly available for wagering purposes.
Technically speaking, MuchBetter casino withdrawals are instant as well. You can see the delay by looking at your withdrawal status.
If it says pending, that means MuchBetter is waiting for the casino to release your funds. Once the casino has done so, the money will be transferred to MuchBetter, and you will receive it within minutes.
There are a few main reasons why you might opt to use MuchBetter over other payment methods. The first is convenience.
As an app, it is super accessible to you at any time and on the go, once downloaded to your mobile device.
Another main reason for choosing MuchBetter is that it was designed to function seamlessly as a mobile wallet.
MuchBetter also explicitly works with Canadian dollars, which is how we assume you will want to be funding your casino account. As such, MuchBetter makes for a more reliable option for us Canucks.
Plus, it has lower service fees compared to most of its e-wallet competitors. MuchBetter also has some unique elements that other payment services do not.
For example, it offers loyalty points to customers with weekly opportunities to win cash prizes. Like any loyalty program, the more active you are, the more points you receive, which increases your odds of winning such a prize.
In addition, because MuchBetter actually partners with many of the big gambling sites, it is also able to offer its customer rewards like extra bonuses or free spins , direct from the casino, which is also a huge perk.
Check out all the official awards MuchBetter has already won to-date. In general, when it comes to payment methods , we like to include tips and tricks in our reviews to help you maximise your use.
There are 3 simple things to do before you can start looking for the best Much Better casinos:.
Registration requires that you provide your name, phone number, email and home address. Such verification procedure is common to all eWallets and will be well familiar to current Skrill, Neteller and PayPal users.
You can install it from Google Play Store or Apple Store on multiple devices but will need to confirm any new one with a one-time code sent as a text message to your phone number.
The MuchBetter app is currently available in 16 different languages including English, German, French, Italian, Spanish, Portuguese, Russian, and Chinese.
Having downloaded MuchBetter App Buttons at the bottom allow users to view and manage their account data, send money and request payments, attach devices, and manipulate settings.
Transaction history can be seen at any time via the Account tab. Feel free to check MuchBetter App reviews and see what existing users like and dislike.
Owners of iPhones have given it a high 4. Meanwhile, in July , MuchBetter had a 3. Those who gave it bad scores were mostly unhappy with customer support team and slow verification process, which is enough to suggest that the payment provider needs to employ more people to cope with the increased demand for its services.
When you choose Bitcoin as a topping up option, the provider will create an invoice with a Bitcoin address. Once the transaction goes through, funds are converted and your MuchBetter wallet is credited fiat money.
Online casino visitors can now use it to top up their casino balance in real-time without having to enter payment details and passwords. At the same time, they are able to fund their MuchBetter accounts without being charged any transaction fees.
The withdrawal options currently available at MuchBetter are bank transfer and crypto. MuchBetter MasterCard is issued by WireCard Card Solutions Limited pursuant to a license from MasterCard International.
With the prepaid card, one can pay any amount up to the balance available in their MuchBetter account. The card can be used with all merchants accepting MasterCard chip and PIN card and it also works contactless.
When buying things online, one needs to generate a CVV code in the MuchBetter App. When the fob arrives generally between days for UK customers and for those residing in EU , one needs to activate it by entering a 9-digit code.
The provider is going the extra mile to make usage of MuchBetter services a truly rewarding experience. MuchBetter occasionally offers exclusive ad hoc promotions for their customers.
The number of points collected will be duplicated for the annual MegaDraw to provide yet another chance for winning valuable prizes.
Simply select a gift card among those offered, choose the wrapping and personalise your gift, and then either send it immediately or schedule the delivery for a later date.
For every gift sent, MuchBetter offers an entry into the weekly prize draw. Gifting is currently only available in the UK but the team is working on making this functionality equally accessible to residents of other countries.
Making MuchBetter payments at online casinos is dead simple no matter which way the money moves. Just make sure to use the correct number in the correct format, starting with the country code and following up with the number without any leading zeros.
The payment service provider processes transactions instantly, meaning that a recipient with a fully-verified MuchBetter account gets an immediate notification of the incoming funds and is credited simultaneously.
With a MuchBetter account, users are able to transfer money to friends, receive transfers, and pay for goods and services free of charge.
One is charged 0. When travelling abroad or shopping online, clients are recommended to choose to be billed in local currency as MuchBetter applies more preferential rates than merchants the user will be shopping with.
Topping up the MuchBetter account via bank transfer makes the money available within 72 hours. MuchBetter is a member of the Electronic Money Association and is licensed and regulated as electronic -money institution by the UK Financial Conduct Authority FCA.
Combination of device pairing, dynamic security codes, touch ID and a transaction review system makes sure every MuchBetter account is fully protected.
Using your phone number to access MuchBetter makes the whole thing almost hack-proof. A passcode needs to be entered in order to log in and an activation code has to be used to add a new device.
If you wish, you can alternatively enable touchID instead of a passcode. Not to worry, though; all personal details are stored encrypted and are protected in line with data protection regulation.
They aim to reply within 6 hours but will frequently do it much faster. There are three main things online players care about when choosing a deposit and withdrawal method: safety, convenience and speed.
MuchBetter enjoys a high adoption rate for several reasons. It uses the net monthly deposit commercial model to minimise payment processing cost and reduce payment fees operators have to deal with.
Online casino operators benefit from wallet insights which allow them to perform better KYC due diligence and fraud prevention.
Thanks to the quick and easy sign-up process, flexible deposits and withdrawals, and high deposit acceptance rates, payments are made easy for both players and operators, and it is hardly surprising that the number of casinos that use Much Better is increasing on a daily basis.
To help operators engage directly with their clients, MuchBetter has launched an in-app engagement tool called CashDuster and thus became the first payment app to offer this unique service.
Gaming sites can use it to display promotions via the MuchBetter app, either to enhance the visibility of their existing promos or launch ad-hoc campaigns.
They are also able to track the results via real-time reports such as opening and redemption analytics. CashDuster becomes available to operators in more than countries as of January If you are looking for the best MuchBetter casino bonus offers, you are definitely in the right place.