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MuchBetter Online Casinos

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MuchBetter is a mobile and online payment method that not only works well for online gambling transactions, but it was also actually created as a solution for the industry.

In a nutshell, it's a:

Mobile Wallet App

  • You can fund it with your bank account for free, or for a small fee with a credit or debit card
  • You can deposit at an online casino
  • You can withdraw to it from your casino account
  • You can get your cash at an ATM/ABM for less than 1%
  • You can use your balance for online and in-person purchases
  • You can use your MuchBetter Prepaid Card to purchase anything anywhere (unless in Norway, use your MB balance)

MuchBetter is the trading name for MIR Limited UK Ltd.

MIR Ltd is licensed and regulated by the UK Financial Conduct Authority (FCA) as an electronic money institution (EMI) [EMD License No.: 900704]

With those bonafides out of the way, we can look at what and who they are, what they do, how they do it, where you can use it, and what that means to you as an online gambler in any of the jurisdictions the company services.

Rather than list the +/-90% of countries the company services, it's easier to state the places you can't sign up for an account from.

Every country on earth is serviced by MuchBetter except the USA and less than two dozen other countries, most of which are in a state of war, under international monetary sanctions, or are simply places you wouldn't want to transact with monetarily either.

That means you can probably use MuchBetter for casino banking!

Still in doubt?

Okay, so now we're 90% sure that MuchBetter just might be a much better payment method than the one you are currently using...

Pssst! It's also great for picking up a cup of coffee on the way to work, buying a video game, purchasing flowers and gifts, or sending money to family and friends. But we're talking about gambling online here so that's what we'll focus on.

Who MuchBetter is

It is a privately held company based in London with less than 50 employees. Launched in 2016, the parent company is registered in the Isle of Man (company number 013813V).

They have staff based in Isle of Man, Reading, and Bangalore India. The firm was co-founded by Jens Bader (Paysafecard, Gigse, Neovia, etc.) and Prasannaa Muralidharan (Pokerstars, Fulltilt, Rational Group, etc.), and Shanmuhanathan T. (WorldPay, Vodaphone, Oracle, etc.) and headed up by Israel Rosenthal (PokerStars, Rational Group, Amaya, etc.).

The top tier and other talents from the gaming and Fintech industries runs deep and wide, but as long as we know that they know what they're doing (online gambling transactions) we'll simply rely on part of the c-suite to convey qualifications here.

What they do

MuchBetter quickly and reliably helps customers spend money at, and collect money from online casinos through a simple mobile app or online website.

While that may seem simple on our end, behind the scenes they facilitate cross-border financial transactions under strict government regulations and rules in multiple jurisdictions.

Services are provided in Chinese, English, French, German, Italian, Portuguese, Russian, and Spanish.

Customers and potential customers can also access "explainers" on YouTube in the following languages here:

German, Romanian, Portuguese, Norwegian, and Russian.

They provide a dashboard for cryptocurrency conversion (BTC) for gamblers who prefer to transact in digital currency.

They provide e-transfer, Interac, and ACH withdrawal processing every business day

How they do it

It's really more important to see how players use the service than to go through the boring analytics of how APIs work, how anti-money laundering and know your customer processes play out behind the scenes and all of that. Suffice to say, these guys are all pros in FinTech and/or online gambling and poker, so they know what you want and need, and also how to deliver it!

  1. Enter your phone number and 4-digit security code/PIN to fund your wallet
  2. Enter your phone number to deposit
  3. Enter your phone number to withdraw
  4. Spend from the APP or transfer winnings to your bank account

EASY-Peasy!

Where you can use it

We've compiled a list of online gaming sites here that have confirmed they that they accept MuchBetter transactions. It's one of the fastest growing Fintech solutions out there, and more casinos can be added every day.

What it means to you

Unless you live in a Nordic country with Trustly (or PaynPlay); in Canada and already experience seamless Interac e-transfer transactions, or the USA and need to change your country's laws before the service is available...

MuchBetter means you now have a safe, simple, cheap or free, and secure way to make casino deposits and withdrawals. You might also enjoy using the service for much or most of your other financial needs as well.

MuchBetter Casino Deposits

First things first...
You'll need to install the app. That's easy.

  • Get MuchBetter on the App Store (4.6 out of 5 stars)
    Get it on Google Play (4.1 out of 5 stars)
  • Choose a 4-digit passcode, enter your mobile number, and enter the code you receive via SMS
  • Validate, Top Up, and enter some details to secure your account
  • Verify your ID to unlock things like a free Mastercard, ordering a contactless key fob, and to increase your account limits
  • Select a funding method and add funds to your account
  • If you use a card, verify it to increase your deposit limits

Now it's time to put that money to work!

Deposit at Casinos

Use your Mastercard if you want anywhere Mastercard is accepted, or visit one of the casinos on this page to use your MuchBetter account balance directly

  • Navigate to the cashier page
  • Click or tap the logo
  • Enter the amount you wish to transfer
  • Enter your mobile phone number on MuchBetter
  • Enter your mobile phone number in the cashier
  • Submit

In a few seconds, you'll get a notification on your mobile asking you to approve the xfer.

Log in and tap "Send Money" if you approve

That's it!

Less than a minute and you are off and playing!

MuchBetter Casino Withdrawals

Simply navigate to the casino cashier and select the logo

  • Enter your phone number
  • Enter the amount you want to withdraw
  • Confirm the transaction as before

Unfortunately, money almost always flows into casinos faster than it flows out of them. Aside from the fact that they are in business to make a small profit off every wager in the longterm, this is actually for your protection as well as the casino's so they don't send the money to the wrong person and then make you jump through hoops for weeks on end to prove you are the account holder and you never received your money.

Once your documents have been verified at a new casino, the withdrawal should be down to the stated processing time. Some venues will release your funds right away, others will wait 24 hours, and others may take up to five or more business days. Thankfully, we've done all of that research before listing a gaming site here.

Hover over the bonus terms of any property on the list, or read one of our in-depth reviews to find out more about payout times at any particular online casino.

While we're here, we'll note that the MuchBetter casino list is ranked and rated by players with the best bets at the top of the list. Any established site with a score of 3.5 or better should be fine to play at. Others, rated lower, can also provide a positive experience but we definitely suggest reading more about the operation before taking that sort of chance. After all... you only want to gamble on the casino games, not the operator!

Cons and Pros

We'll just readdress the contra part of the pro et contra first and get it out of the way...

If you live in the USA, or in a nation-state under international monetary sanctions, or your homeland is currently under siege - you can't use the service

Pros

Super easy to use process and interface. It only takes a few minutes to set up, and account limits are increased significantly once you verify your accounts and ID.

Even if your chosen merchant (casino) doesn't accept MuchBetter yet - and why not? you can use your free prepaid card to make a deposit.

Deposits and withdrawals using the app are basically instantaneous and MB processes withdrawals daily up until 5 pm GMT

Expect high security including 2-step verifications from this Financial Conduct Authority licensed mobile payment processor - but you can also expect these to become second nature and accomplished in seconds whether you opt for fingerprint or facial recognition, a simple SMS code, or any other form of security you choose for your funds.

MuchBetter Casino Payment FAQ

Is customer service any good?

Maybe...

Going by reviews on TrustPilot where hardly anyone goes to heap praise or deliver kudos, no, customer service is not their strong suit. However, they do maintain a robust, living, breathing knowledge base with many of the questions answered on a daily basis by the Chief Operating Officer, Pars. You can find it here.

While there is no telephone support, we got an email response to an innocuous question in about 15 minutes on a Sunday evening. Most email inquiries are answered within 6 hours 24/7.

Within the app, you can go to More-> Help
You can upload attachments, send screenshots, and write out any questions you may have in detail.

Can I transfer funds to another person?

Yes.

Is MuchBetter widely accepted at online casinos and betting sites?

Yes, and more operators are finding advantages every day. If you have a favorite site that doesn't accept the payment method yet, and your account is verified, you can simply use your MB Mastercard to fund your account.

What are the fees for using MuchBetter?

The wallet can be funded free of charge using your bank account and casinos do not charge you to deposit with the method. That said, some banks may charge top-ups to wallets as a cash advance, but that is down to your bank's policies and beyond their control.

Cash withdrawals at an ATM/ABM will be charged at 0.99% (less than 1%) and debit/credit card deposits may incur fees up to nearly 2%. Please check your account for any other possible fees if you need more information.

Can I use Cryptos?

Yes. The firm has established a third-party partnership providing customers with a way to transact in BTC - however, as of early 2020, the only digital currency allowed was Bitcoin.

Is the app multilingual?

Yes.

Do online casinos and betting sites offer bonuses for using this method?

We're not currently aware of any that do, but we are also not aware of any that restrict bonus use when you deposit - many sites will not allow the use of Neteller, Skrill, or even ecoPayz with a bonus.

Do you recommend MuchBetter?

We think that if it meets your needs over time, it is a good option for you. There are a lot of 'disruptive' and 'alt-bank' options out there and the FinTech industry grows by leaps and bounds in innovation each year. For 2020 and beyond, we see it as a viable alternative for some and the best option for others.

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Online casinos accepting MuchBetter as a payment method

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lcb
User reviews marked with this logo are syndicated from LCB.org
lcb mead0wlea mead0wlea
LCB User
Posted on November 5th, 2024
I have use muchbetter a few times but it's only accepted at certain casinos and so it's use is limited to those who accept it. It has fees which I think are small but still considerable across your expenditure

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lcb Quickwitted Quickwitted
LCB User
Posted on September 25th, 2023
I don't quite use Muchbetter on a frequent basis if Interac E-transfer and other methods are involved. The only reasons I use MuchBetter is for two reasons: the first would be safety since it offers me a layer of protection rather than using my Visa Debit bare in hand and two, that MuchBetter has occasion contests to partake. Muchbetter in my opinion would be the wingman of the deposit methods.

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