Written by:
Alex Windsor
Fact checked by:
Damjan Jugovic Spajic
Updated:
June 28, 2024

Betting Sites That Accept Visa Prepaid

Betting Sites That Accept Visa Prepaid

Prepaid cards and prepaid gift cards are arguably the safest way to fund your online betting account if you want to exercise more control of your spending. US-based players can choose from multiple prepaid card options to fund their betting account, but prepaid Visa cards are perhaps the best of the bunch.

Visa’s reloadable prepaid cards allow you to top off your balance expeditiously within minutes and transfer funds from your card to pay for any online service that supports the method. By opening a new betting account, you can visit the cashier, select Visa, and enter your Visa prepaid card details to deposit. No extra fees, airtight security, and optimal convenience make it a great choice for recreational bettors.

This guide will zero in on the benefits (and downsides) of using Visa prepaid cards. But before that, we’ll quickly discuss how betting with Visa at online sportsbooks works, and we’ll list and review 5 of the best Visa betting sites in the US.

How Visa Prepaid Card Online Betting Works in the US

Millions of Americans use Visa cards daily. Consistent data protection, robust transfer security, low interchange fees, and speedy transactions are the cornerstones of credit, debit gift, and prepaid Visa card payment systems.

Visa offers both Visa Gift cards and prepaid cards, but there is a small difference between the two. While a reloadable prepaid card allows you to top up your balance regularly, a Visa prepaid gift card is for one-time use. However, you can use Visa gift cards continually to transfer funds to close friends, family, or loved ones over the web. All it takes is activating the card and inputting a 16-digit code and CVV number.

About depositing to an online sportsbook account with a Visa prepaid card, the method is near-identical to using other Visa credit cards or a Visa debit card. Before you start planning how to manage your funds, you should make a list of legal online sports betting sites and choose one that suits you best. Remember to double-check the legality of the sportsbook in your state before you choose.

Next, you should open a betting account. The process is pretty much the same at any listed Visa prepaid betting site you’ll see below. After you open and verify your betting account, open the cashier, select Visa, and enter the required card information (card number, CVV, etc). Finally, input the amount you’d like to deposit and confirm the transfer.

We’ll explore the deposit process in detail later on. Now, onto our curated list of top US sportsbooks that accept Visa prepaid cards.

Online Betting Sites Accepting Prepaid Visa Cards

Caesars Sportsbook

4.4/5
  • Minimum deposit $10
  • Reliable and user-friendly app
  • Most lucrative first bet promotion in the market
  • Huge market depth and coverage
  • Best rewards program in the industry
  • Experience can vary per state
  • Frequently changing its features
$1,000 First Bet on Caesars
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FanDuel Sportsbook

4.7/5
  • Minimum deposit $10
  • Vast coverage of sporting markets
  • Supports ewallets & traditional payment methods
  • Promotions are kept exciting
  • App layout is a bit cramped
  • No NFL live streaming
Bet $5, Get $200 In Bonus Bets
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BetMGM Sportsbook

4.6/5
  • Minimum deposit $10
  • Plenty of payment methods available
  • Well-designed Android & iOS app
  • In-Game wagering
  • Football live streaming is not available
  • Customer service contact has to go through FAQs
Up To $1,500 in Bonus Bets
Play Now

DraftKings Sportsbook

4.8/5
  • Minimum deposit $5
  • Sleek and easy-to-use user interface
  • Plethora of betting options
  • Range of regular promotions
  • Limited withdrawal options
  • Needs a better rewards system
Bet $5, Get $150 In Bonus Bets
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Numerous legal online sportsbooks in the US accept prepaid cash payments via Visa, Paysafecard, and other accepted sportsbook banking methods. Prepaid payment companies guarantee security, transfer speed, low (or no) transaction fees, and seamless handling on desktop and mobile platforms. We had a team of betting experts individually review all licensed betting sites in the US that support Visa prepaid payments. Here are their top suggestions.

Best betting sites that accept Visa prepaid cards:

🥇Caesars Sportsbook

Caesars is an established gaming and hospitality company with deep roots in the US entertainment industry. It has been an active player in the US gaming sector for decades, and its Caesars Sportsbook platform is a worthy competitor to all US online sportsbooks. Competitive odds, in-house rewards, broad sports market coverage, and banking versatility are a few noteworthy benefits

There are over half a dozen different payment methods, including Visa prepaid cards and Caesars rewards gift cards. About the former, the minimum deposit is $10, which is Caesars’ base minimum deposit. But Visa prepaid offers a quicker money-transfer channel than most banking methods available at Caesars. There are no noteworthy Visa or prepaid restrictions apart from some geolocation limitations.

✅Pros

❌Cons

Caesars Sportsbook

4.4/5
  • Minimum deposit $10
  • Reliable and user-friendly app
  • Most lucrative first bet promotion in the market
  • Huge market depth and coverage
  • Best rewards program in the industry
  • Experience can vary per state
  • Frequently changing its features
$1,000 First Bet on Caesars
Play Now

🥈BetRivers

BetRivers is Rush Street Interactive, Inc.’s flagship betting platform and the first choice for thousands of Visa prepaid card bettors. The BetRivers sportsbook includes everything you’d expect: live betting, mobile betting apps, great odds, proposition bets, Specials, and dozens of other markets.

Visa prepaid card users can use the site without any restrictions on bonuses. This opens the doors to multiple ongoing promotions, including loyalty rewards you can later exchange for bonuses or other perks in the Bonus Store.

The only downside is, as a new bettor, you have no ready guides or other instructive content about using virtual prepaid cards, including Visa. You’d have to reach out to customer services to inquire about the particulars or spend valuable time researching the banking policy on the comprehensive T&Cs page. The upside is that BetRivers Visa transfers are free of any commission.

✅Pros

❌Cons

🥉BetMGM

BetMGM is a highly versatile online gambling platform, mainly centered on sports betting. It is one of the best gambling sites that accept Visa prepaid cards. There are 10+ alternative payment methods, including MGM’s internal payment services for existing players. Visa prepaid deposits and withdrawals start at $10, while maximum limits can vary based on your transaction history. Moreover, BetMGM offers Visa Direct Payouts for Visa debit and prepaid card holders.

As for the general sportsbook features, BetMGM sets the standard high. Two mobile apps for iOS and Android systems make the site highly compatible. The betting markets go far beyond the standard moneyline, totals, futures, and other mainstream bets. Tap the ‘More Wagers’ button in the bottom right corner of each event to explore exciting team and player prop odds. Single-game parlays, alongside regular parlays, are also possible.

Active players can opt for a referral sports bonus and earn various internal MGM Rewards benefits through active play. The lack of a proper welcome sports bonus in some states is a small but noteworthy disadvantage.

✅Pros

❌Cons

BetMGM Sportsbook

4.6/5
  • Minimum deposit $10
  • Plenty of payment methods available
  • Well-designed Android & iOS app
  • In-Game wagering
  • Football live streaming is not available
  • Customer service contact has to go through FAQs
Up To $1,500 in Bonus Bets
Play Now

🎖️DraftKings

DraftKings is one of the premier betting sites that accept prepaid cards. Alongside Visa and Play+ Prepaid Cards, you can use electronic gift cards. A few of the standout features are the $5 minimum deposit, wide-ranging sports coverage, and intuitive interface. The $5 base deposit is also applicable to Visa cards, with a $1 base minimum withdrawal.

There are a few basic steps to completing a Visa prepaid deposit/withdrawal on DraftKings. Open the cashier, select Visa from the payment options list, enter your card details, and the transfer should be completed within minutes.

DraftKings also runs an in-house, invite-only VIP program that provides exclusive benefits. Regular players can explore daily sports promotions or use bet/profit boosts for improved payouts. The betting lines for top-tier and college sports (basketball and football, in particular) are in line with, or even better than, the industry average.

✅Pros

❌Cons

DraftKings Sportsbook

4.8/5
  • Minimum deposit $5
  • Sleek and easy-to-use user interface
  • Plethora of betting options
  • Range of regular promotions
  • Limited withdrawal options
  • Needs a better rewards system
Bet $5, Get $150 In Bonus Bets
Play Now

🏅FanDuel

FanDuel is an all-around betting site primed to meet the betting needs of every Visa prepaid card bettor. The FanDuel sportsbook covers NBA, NFL, MLS, NHL, college sports, major European and international leagues, and niche sports. Fantasy betting, horse racing betting, and casino gaming are other available services. There is also a Parlay Hub where you can manage and create parlay bets from the available list of sports.

FanDuel is among the most dependable and user-oriented prepaid card betting sites in the US. Visa prepaid deposits start at $10; the same minimum applies to withdrawals. Note that you cannot use Visa prepaid to transfer money if you are based in Tennessee or Illinois. Only Play + prepaid cards are supported in those states. The maximum you can withdraw with Visa per transaction is $10,000, but the limit can vary based on your withdrawal history.

Another caveat is the bank restrictions. There are a handful of banks that prohibit money transfers to and from given online sportsbooks and other digital gambling establishments. A few of these banks include Union Bank, Capital One, and Huntington Bank.

✅Pros

❌Cons

FanDuel Sportsbook

4.7/5
  • Minimum deposit $10
  • Vast coverage of sporting markets
  • Supports ewallets & traditional payment methods
  • Promotions are kept exciting
  • App layout is a bit cramped
  • No NFL live streaming
Bet $5, Get $200 In Bonus Bets
Play Now

Why We Selected These Visa Prepaid Betting Sites

When we set out to review a certain type of Visa prepaid sportsbook, the details revolving around the specific banking method take only a small part of our evaluation process. We can’t go into too many details about our review process without digressing from the topic, but we’ll name a few main elements we comb through to conduct an insightful appraisal.

How to Deposit with Visa Prepaid at Online Betting Sites

If you’ve used any Visa card before, depositing via prepaid Visas will be a familiar process. If you’ve never used Visa or other prepaid cards, you must first complete Visa’s internal setup to activate your card. Without needlessly complicating a simple process, we’ll guide you every step of the way to show you how to deposit to your sports betting account using Visa prepaid.

  1. Step 1. Order a Visa prepaid and activate it online or by phone using the 1(800) number on your card.
  2. Step 2. Set up direct deposit (optional).
  3. Step 3. Add funds via one of the available online options, by using cash at a participating local branch, or via direct deposits.
  4. Step 4. Choose one of the Visa-compatible gambling sites from our list.
  5. Step 5. Register with the sportsbook, and upload your personal ID, driver’s license, and card information, if required, to verify your account.
  6. Step 6. Use our links to deposit with this method quickly and claim a sports bonus, which is optional.
  7. Step 7. Once you sign up and verify your details, tap the ‘Deposit’ button or access the cashier from your profile.
  8. Step 8. Input your deposit amount and card details. USD 5 is usually the base minimum deposit, but you may need to place a larger amount ($10 or $20) if you want to claim a sports bonus.
  9. Step 9. Wait for the money to reach your account and start betting.

A NOTE: The legal betting age depends on the form of betting (conventional sports, fantasy sports, horse racing, etc.), but is usually 21 in every state where betting is legal. You’d also have to ensure your betting provider supports prepaid Visa deposits in your state and whether or not any Visa restrictions apply.

Visa Prepaid Minimum and Maximum Deposit Limits

On its official website, Visa informs readers that their prepaid card requires ‘no minimum balance,’ meaning you’re flexible to topping it up with different amounts. Still, $10 is the minimum amount you can deposit at most online sportsbooks that accept Visa. Some, like DraftKings, have an even lower minimum deposit limit, starting at $5.

If you use your prepaid card exclusively for betting purposes, you can set up a betting budget and transfer it in full on your prepaid card. USD 1,000 should be the maximum you can put into your card at any time. Some high-stakes bettors may find the upper limit low, but for casual bettors who want to bet with moderation, it is ample.

How to Withdraw From Visa Prepaid Betting Sites

Withdrawals through Visa prepaid are possible, but not every sportsbook supports them. In fact, in most cases, you’d likely not be able to withdraw directly to your prepaid card. One example is Caesars Sportsbook, which only supports deposits with methods like MasterCard and Visa cards.

In such situations, you can use a direct bank transfer or a digital wallet like PayPal to cash out your funds. In these cases, you must comply with the withdrawal terms for the specific method, including minimum withdrawal limits and possible fees.

Regardless of the method, the withdrawal process involves several familiar steps. First, access the cashier through your profile and select the Withdraw/Cash-out section. A list of all available cashout methods will appear. Select one (Bank transfer, PayPal, debit cards), input the amount you want to withdraw, and submit the withdrawal form for approval.

Important: You can’t withdraw winnings if you’ve not verified your card information and/or personal details. You should complete all verification procedures first thing after you register. Some sportsbooks will require verification documents on large withdrawals. Additionally, you likely won’t be able to withdraw funds from your balance if you have outstanding bonuses or unsatisfied bonus wagering requirements.

Withdrawal Processing Times

The processing time for withdrawals can vary based on your withdrawal history, the amount you wish to withdraw, the sportsbook’s withdrawal processing policy, and the withdrawal method’s internal processing protocols.

Visa debit/credit card withdrawals usually take 24-48 hours. The average PayPal withdrawal processing is about 48 hours, while online banking withdrawals can take up to 5 days to complete. Impromptu security checks, verification requirements, and related actions can delay the process further.

Fees and Charges when Betting with a Visa Prepaid Card Betting Site

Sportsbook prepaid card fees are uncommon, and nearly every licensed US betting site that accepts Visa forgoes internal processing fees. The same goes for each of our recommended sportsbooks.

Caesars Sportsbook discards any internal fees related to prepaid card maintenance, deposits, or withdrawals. BetRivers, FanDuel, DraftKings, and BetMGM are likewise free of any cashout fees, transfer fees, or commissions for using their cashier systems.

Note that while these operators have no internal fees for using prepaid cards, your bank/financial institution may still charge you.

As for Visa prepaid internal fees, there are none. Considering this is not a credit card, and you cannot spend more than you already have on your card, there are no overdraft fees or interest charges on your transactions.

Tips for Managing Your Bankroll at Visa Prepaid Sportsbooks

Whatever your preferred payment method, it rests entirely with you to practice responsible management of your funds. Our experts put together a few useful tips for better bankroll management.

Bet within your budget

Setting up a betting budget should be the first thing on your checklist, even before you open a Visa prepaid sportsbook account. The upper limit of $1,000 should give you leeway to manage your resources responsibly and keep your budget to a minimum. Your betting budget should involve money you can afford to lose, considering you’re engaging in a risky activity that cannot guarantee a consistent return on investment.

Use responsible gambling tools

Every licensed Visa sportsbook in the US is a proponent of responsible gambling. While some detractors may find these campaigns disingenuous or forced, the programs are quite effective in raising awareness and helping beginners toe the line for their personal benefit. That said, you can activate session limits, deposit limits, loss limits, or use other tools at your disposal to exercise self-control and avoid compulsive betting.

Don’t shy away from bonuses

Bonuses can be a tricky investment if you don’t know what you’re getting yourself into. But if you look closely at the small print and terms of use, rather than the selling price, you can distinguish the good from the bad and use them to your advantage. If you are hunting for bonuses, our betting experts believe second-chance bets, odds boosts, and referral bonuses offer the best risk-to-value ratio.

Use cash out/early cash-out

Cash out and early cash out are common betting features that, when used prudently, can save you plenty of money and spare you the agony of uncertainty. If you think a bet will go sideways before the match ends, you can cash out early for a portion of your original payout before the wager is settled to make a small profit or break even to cut your potential loss. DraftKings, FanDuel, Caesars, and BetMGM are a few of the sportsbooks that have this feature.

Hedge your bets

Hedging is considered a surefire way to make a little profit by placing one or more bets alongside your initial bet in the same event. If your initial bet is for Team A to win, the second bet will be for Team B to win. Whichever way the game ends (provided the probability for a draw is off the table), you win. The point is for your payout to top, even slightly, the cumulative amount of the two bets, which requires finding competitive odds and staking calculated amounts on two or more possible outcomes. Hedging is a simplified form of arbitrage betting, but the two are not identical.

Pros and Cons of Using Visa Prepaid for Online Betting

✅Visa Prepaid Pros❌Visa Prepaid Cons
Instant depositsCan’t always withdraw directly to Visa prepaid cards
No overdraft or late feesFewer consumer protections compared to credit/debit cards
Widely availableStrict transfer limits
Easy to useGEO restrictions
Ensured privacy and secure transfers
Zero liability

Alternatives for Betting in the United States

US sportsbooks that accept Visa also support alternative methods for those who find prepaid Visa cards limiting. A few of the commonly accepted methods are Wire transfers, PayNearMe, Discover cards, Play+ Prepaid Card, Trustly, VIP Preferred, and PayPal. Here are a few options our experts believe are worth considering.

FAQs

  • Are Visa Prepaid Cards Accepted in All States?
    No. While most states support prepaid Visa transfers, there are restrictions in certain states, such as Illinois and Tennessee, which, depending on the sportsbook, may only accept Play+ prepaid cards.
  • Do US Sportsbooks Support Visa Prepaid Withdrawals?
    Generally, no. Sportsbooks support mainly Visa prepaid deposits. If you've deposited with this method, you can choose an alternative to withdraw your funds, such as Venmo or online banking, to cash out directly to your bank account.
  • What is the Minimum Deposit With Visa Prepaid?
    The deposit limits via Visa prepaid usually range between $5 and $10. In cases where you want to accept a bonus, you'd have to satisfy the promo's minimum deposit requirement.
  • Can I Claim Bonuses Using Visa Gift or Prepaid Cards?
    Yes. Our sportsbook analysts didn't detect any bonus restrictions for Visa prepaid users, meaning Visa deposits should qualify for bonus play. We advise you to read the bonus terms or contact customer support to ensure there are no bonus restrictions on Visa transfers.
  • Are There Any Fees Associated with Visa Gifts and Prepaid Cards?
    Visa does not charge internal fees for prepaid transfers, but there may be small activation fees on gift cards.
  • Do US Betting Sites Accept Prepaid Cards Other Than Visa?
    Yes. You can make prepaid or gift card deposits using Play+ Prepaid Card or branded gift cards, such as DraftKings Gift Card, FanDuel Gift Card, or BetMGM Gift Card.

 

AUTHOR
Alex Windsor

Alex is the Head of Content here at Minimum Deposit Betting Sites, leveraging his immense experience in the sports betting and iGaming industry to steer the boat and make sure all of our content is up to par and of the best possible quality.