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Payment services like MuchBetter take a proven formula, double down on it, and offer a better solution. Established in 2017, MuchBetter is a digital payment app that aims to cater to online casinos and sports betting platforms. It resembles established payment methods like Neteller and Skrill – but it adds its own twist to it. In this guide, we will be looking at what MuchBetter is, how to use it at online casinos, as well as some of the top MuchBetter casinos in the UK.
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Key Takeaways ✨ MuchBetter is an award-winning payment app similar to Neteller, Skrill, and PayPal. It caters to casino players and has features like an intuitive system for managing multiple gaming accounts. ✨ In addition to standard security measures, it also features dynamic CVV codes that change regularly, which prevents fraud and identity theft. ✨ MuchBetter also offers users a lucrative reward program called MegaDraw, which features exclusive prizes. ✨ MuchBetter promotes responsible gambling by offering security features and timeout tools to help users stay in control of their spending. |
What is a MuchBetter casino?
As you might already know, MuchBetter is a digital wallet that offers a variety of payment services. At the moment, along with the payment app and gateway, you can also get a prepaid Mastercard and wearables.
MuchBetter was established in 2017 in London, and since then, it has managed to make a mark in the industry. The payment service is available in more than 180 countries. The company has won several awards, like the Rising Star at the 2018 EGR Awards and Best Digital Payments Programme at The Cards and Payments Awards in 2019.
Best MuchBetter casinos UK
A lot of online casinos in the UK accept MuchBetter as a payment option. During our casino review, we found that these are some of the top casinos that accept MuchBetter in the UK –
Casino | Bonus | Our rating |
HeySpin Casino | 100% bonus up to £50 + 100 Spins | ⭐ 9.5/10 |
Casumo | Up to €300 + 50 Free Spins | ⭐ 9.8/10 |
Betgrouse Casino | £25 + 25 Extra Spins | ⭐ 9.0/10 |
SpinYoo Casino | 100% deposit bonus of up to £250 | ⭐ 9.3/10 |
MagicRed Casino | Up to £200 + Free Spins | ⭐ 7.8/10 |
If none of these casinos tickle your fancy, we suggest that you browse our other online casino reviews and find the right kind for you.
What services does MuchBetter offer
In addition to the e-wallet, MuchBetter offers other services, such as a prepaid MasterCard. In this section, we will look at the services that MuchBetter has to offer.
- MuchBetter Wallet: This is a popular service used for online payments at online casinos. You can top up, withdraw, send, and store money. Players in the UK and EEA can pair their MuchBetter wallets with a prepaid Mastercard or a contactless device for payments.
- MuchBetter Prepaid Mastercard: As mentioned, you can get your hands on a prepaid Mastercard that is issued by Paynovate SA. You can use this prepaid MasterCard just like you would use any other MasterCard for online and offline payments.
- MuchBetter Payments Gateway: This feature is meant for businesses – with the Payments Gateway, businesses can accept payments. Plus, they also get features like fraud prevention tools.
- MuchBetter Wearables: With wearables, like a smartwatch or a keychain, you can make payments without having to carry a card or phone. In fact, MuchBetter also offers a payment ring.
How does MuchBetter ensure the safety of transactions?
During our review, we checked how MuchBetter ensures the safety of your transactions. We found out that MuchBetter is licensed and regulated by the UK Financial Conduct Authority (FCA), which means the company has to adhere to strict financial and security standards.
In addition to this, here are some security measures that MuchBetter deploys –
- Dynamic CVVs: MuchBetter offers dynamic 3-digit CVV codes for each transaction that you do.
- Account Verification: To start with, MuchBetter requires you to verify your identity with a government-issued ID or passport, which ensures that only legit people sign up.
- Authorisation PINs: The MuchBetter app lets you set up PIN codes and touch ID to ensure that nobody else uses your account
- Authorised devices: Further, MuchBetter uses device pairing to ensure that transactions are only made from authorised devices. When a user makes a transaction, they will receive a notification on their paired device that needs to be approved.
- Transaction reviews: MuchBetter has an automatic transaction review system that checks all transactions before processing.
As a player, you can ensure additional safety measures like using strong passwords and changing them frequently.
Benefits of MuchBetter casinos
Now that you have a clear understanding of what MuchBetter is and how it works, let’s have a look at some pros and cons of using it.
Pros
- Simple to use: MuchBetter is easy to set up and use. The registration is quick, and the app is intuitive and user-friendly.
- Quick transactions: As we saw in our review, MuchBetter processes transactions quickly. Your deposits to casinos are processed instantly, and the withdrawals are fast, too.
- High security: MuchBetter ensures the security of your transactions with Dynamic CVV codes, PIN codes, Touch ID, and more.
- Reward program: MuchBetter offers a rewards program called ‘MegaDraw’ that gives users points for every transaction.
- Other useful features: As mentioned earlier, MuchBetter also offers a prepaid MasterCard, wearables, and more.
Cons
- Limited availability: MuchBetter is not as widely accepted as Skrill or Neteller
- Inactivity fee: MuchBetter may charge fees for an inactive account
MuchBetter vs other payment options
Let’s see how MuchBetter compares to other similar payment options –
Attribute | MuchBetter | Neteller | PayPal | Skrill |
Availability | Not so common | Widely accepted | Widely accepted | Widely accepted |
Speed | Instant | Instant | Instant | Instant |
Anonymity | High | High | High | High |
Fees | Low | Varies | Varies | Varies |
Rewards/Bonus | MuchBetter MegaDraw | Loyalty program | Rare | Sometimes |
How to pick the best MuchBetter casinos?
Here’s what to look for in a MuchBetter casino –
- Casino license: Check if the online casino has a valid license from the UKGC. You will find this information at the footer of the casino website.
- Available payment methods: In addition to MuchBetter, check the other payment methods that the casino accepts for convenience.
- Bonuses: Even though MuchBetter is not widely accepted, you still have a lot of options. This is why you should look for a casino that gives out bonuses regularly and not settle for less.
- Bonus exclusion: Although this is a rare scenario, some bonuses may exclude deposits made via MuchBetter. Read the T&Cs to ensure that MuchBetter deposits are eligible for bonuses.
- Minimum and maximum deposit: The deposit limits may vary from one payment method to another at some casinos. Make sure you note these limits before making a deposit.
- Withdrawal limits: Again, the minimum and maximum withdrawal amounts may vary for each payment method, so check these numbers before signing up.
There’s more to casino reviews than these pointers. You can check our 12-step casino review process to learn more.
How to use MuchBetter at online casinos?
To start using MuchBetter at casino sites, you need to set up your MuchBetter account. Here’s a quick rundown of what you have to do –
- Get the MuchBetter app from the Google Play Store or App Store.
- Register yourself and get the account set up
- Fund the account with a bank transfer, debit card, or cryptocurrency
After you set up your MuchBetter account and put in funds, you need to find a UKGC-licensed casino that accepts MuchBetter.
Deposit
To deposit funds into your casino account, here’s what the process might look like –
- Ensure that you’re logged into your casino account
- Go to the banking section of the casino site and then deposits
- Choose MuchBetter as your deposit option
- Enter the amount you want to deposit
- Input your MuchBetter registered phone number
- You will receive a notification on your MuchBetter app
- To confirm the transaction, you will have to authorise it
MuchBetter deposits are processed instantly, so the funds should be reflected in your account immediately.
Withdraw
To request a withdrawal, here’s what you might have to do –
- Log in to your casino account
- Head over to the banking section
- Select MuchBetter from the available withdrawal options
- Input the amount you want to cash out
- Review the details and confirm the transaction
- Wait for the request to be approved
After approval, the withdrawal will be requested in your MuchBetter account within 1 to 3 business days. You can withdraw the money to your bank account or use the funds from the MuchBetter app.
Bonuses at MuchBetter casinos
A lot of casinos that cater to players in the UK accept MuchBetter as a payment option. Although it is not as popular as Skrill, you will still have quite some variety to choose from. And as far as bonuses are concerned, you should be able to claim all of them unless MuchBetter deposits are excluded.
Some of the bonuses that you can find at most casinos include welcome bonuses, cashback offers, free spins, reload bonuses, and VIP or loyalty programs.
Alternatives to MuchBetter
If you want to check out other payment services similar to MuchBetter, here are a few that we would recommend –
- Neteller: A widely used e-wallet for instant deposits and withdrawals at online casinos
- Skrill: Skrill is another popular e-wallet that is very similar to Neteller
- PayPal: PayPal is also an e-wallet that is used for online transactions. Unlike Skrill and Neteller, PayPal is widely used outside of the gambling industry
Conclusion
To wrap it up, MuchBetter is a great payment option for regular casino players. In fact, MuchBetter is tailored for use at online casinos and betting platforms. In addition to the wallet, players can also make use of a prepaid MasterCard. Players get high security, quick payments, as well as a lucrative rewards program. The only issue we have here is the limited availability.
FAQs
Yes, MuchBetter is a safe payment method; as we saw in the review, MuchBetter is mandated by the FCA, so it adheres to strict financial and security standards.
During our review, we saw that MuchBetter charges fees for some transactions like withdrawals, currency conversions, and more. However, these fees are quite low.
Yes, as we saw in the guide, casinos in the UK that accept MuchBetter offer various bonuses like welcome bonuses, free spins, cashback offers, and more.
MuchBetter casino withdrawals should take about 1 to 3 business days. However, the exact withdrawal time varies from one casino to the other.