MuchBetter is a relatively new online payment solution, with a direct emphasis on gambling transactions. The company behind it is MIR Limited, registered in the United Kingdom and regulated by the Financial Conduct Authority. This service is one of the few created with online gambling in mind, and this should be taken into consideration.

| MuchBetter Summary | |
|---|---|
| Available In | Over 180 countries |
| Website | www.muchbetter.com |
| Connecting Bank Card/Account to MuchBetter | Fees apply for bank cards only |
| Withdraw Balance from MuchBetter to Your Bank Card/Account | Fees apply for bank transfers |
| Pay to Online Merchants | Free |
| Available for Deposits | Yes |
| Available for Withdrawals | Yes |
| Usual Deposit Time in Online Casinos | Instant |
| Usual Withdrawal Time in Online Casinos | Up to 24 hours, depending on the online casino |
| Live Chat | No |
| Telephone Support | No |
| Email Support | Yes, support@muchbetter.com |
Recently, it has become increasingly popular among both gambling websites and the general player base, with more and more brands supporting it. Having sent shockwaves through the industry, it is only fair to take a look at this banking method and see how well it stacks up against others. We will focus on its use for online gambling transactions and see whether it is a marketing gimmick or a legitimate way to fund your casino bankroll.
Registration Process
To be able to utilize MuchBetter for your casino deposits and withdrawals, you will need to install the e-wallet app on your mobile device and create your account with the service. The whole process requires going through a few simple steps, and you will need to fund your account before you make deposits at the casino of your choice.
- The first step is to head to the official website of MuchBetter and click on the Sign Up button.

- Use your mobile device to scan the QR code that will be generated on the screen. Follow the instructions to install the app on your device.

- You can also look for the app in the respective app stores for Android and iOS devices.


- Open the app and select the Sign Up option on the home screen.

- The next step is to pick a passcode for your MuchBetter account.

- Enter your phone number so the app can send you a code to verify your account.

- Enter the code that you have received via SMS and tap on Validate.

- To complete your registration with MuchBetter, select Top Up. You will be asked to provide a few more details to further verify your identity. You can easily upgrade from a basic account to a premium account by providing ID verification. This can easily be done by providing a form of photo ID such as a passport or driver’s license, and taking a selfie to prove the documents belong to you.

- After you are verified, you can choose the options available to you to fund your e-wallet and start using MuchBetter for your online casino deposits.

MuchBetter supports a wide range of payment methods that you can use to transfer money to your e-wallet balance. Those who use a bank card to deposit into their MuchBetter account will be asked to verify their card to increase their top-up limits. This can be done by providing a one-time verification code, which will appear on the cardholder’s bank statement.
Using MuchBetter for Gambling Transactions
Before you get down to using MuchBetter for gambling transactions, it is best to take a few moments to see how the service functions and what it actually does. MuchBetter is an electronic wallet, eWallet for short, similar to popular services such as Neteller, Skrill, and PayPal. It can be used to store and move funds as you see fit with only a few clicks. The company behind it has created its own payment infrastructure so that transactions can be done quickly and efficiently at low cost to the user.
You can easily use this service to manage your casino bankroll, with transactions being cleared within a few seconds after confirmation. Unlike many other services, MuchBetter is primarily aimed at the online gambling industry, and it has already partnered with many prominent gambling websites such as 888casino.
Not only does MuchBetter offer you the opportunity to conduct your gambling transactions with ease, but it also rewards you whenever you make significant deposits. For every £/€/$100 that you transact with MuchBetter, you earn reward points. Every week, your reward points are entered into a contest where you can win £100. Additionally, every time you gift £/€/$10, you also earn reward points.
As part of the MuchBetter service, European Economic Area (EEA) residents are also eligible to receive a MasterCard debit card, tied directly to their account balance. You can use this to make purchases on the Internet, at retail locations, and to withdraw cash from an ATM. You can also receive a wearable device, which you can use to make contactless payments at POS terminals.
Transferring money via MuchBetter is quick and convenient. The service uses a Peer-To-Peer system for handling transactions, where you simply enter the recipient’s information, typically an email address or a phone number, and confirm the payment. It takes only a few moments for the transaction to clear, and the money will appear in the other party’s balance.
The MuchBetter Gifting service is available to UK users, and they can use it to give gift cards to friends and family electronically. For every gift that you make, you earn reward points, as mentioned above. You can send them instantly or on a delay, set to arrive on a date of your choosing.
| MuchBetter Gambling Transactions | |
|---|---|
| Supported Transactions | Deposits and withdrawals |
| Deposit Pending Time | No pending time |
| Withdrawal Pending Time | 10 minutes to several business days after approval |
| Additional Security | Log-in required, dynamic CVV codes, touch ID, passcode, and more |
Advantages and Disadvantages
When looking at any online payment service, it is best to go over all of the advantages and disadvantages of using it and then compare them against each other. As it happens, there is much to discuss about MuchBetter, and when we are done, you can form your own opinion about the service.
One of the several perks of using MuchBetter is the ability to make instant transactions to online gambling websites. Quick transactions are essential for a smooth gambling experience, and MuchBetter has the capacity to provide you with just that. When you make a payment with this service, the money will become available in your casino bankroll as soon as you confirm it. From then on, you can use those funds to play whatever games the casino has to offer.
Something else that you have to take into consideration is the cost of the service. After all, your winnings might be negated if the transactions prove too costly. As it happens, not only does MuchBetter offer instant transactions, but they are completely free as well. You will not be required to pay a dime when depositing into an online casino, something that you will surely appreciate. Granted, certain aspects of the service need to be paid for, but in the end, these payments are few and far between. Using MuchBetter, you will be able to thoroughly enjoy your online gambling experience without the service eating at your bottom line.
If you are the type of player who uses a mobile device for online gambling, then you will be happy to know that MuchBetter is a mobile service first and foremost. In fact, this payment solution does not even have a desktop component at this time. As such, it is built from the ground up with mobile usability in mind, and you can certainly make great use of this. The service is made to use many of your smartphone’s features, such as NFC for contactless payments and fingerprint ID for security purposes. All in all, it is an excellent mobile service, and we certainly recommend it if that is your primary gaming platform.
Another point to consider is MuchBetter’s ability 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 as 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 by 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 currently not great. There are only a handful of websites that accept payment via MuchBetter and, although the number of available casinos is slowly rising, it is still small. You will be limited to a few select gambling websites if you choose to use MuchBetter exclusively, and that is not 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 be via bank transfer to your personal bank account.
MuchBetter is a solid service all things considered, but the low adoption rates from online casinos do not play to your advantage. It is realistically the only hurdle preventing MuchBetter from 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 level of acceptance of other payment methods such as Skrill, Neteller, or credit cards.
| MuchBetter Pros | MuchBetter Cons |
|---|---|
| Multi-award-winning virtual wallet | Unavailable for gambling payments in some supported countries (e.g., Norway) |
| Mobile-friendly | Not all online casinos support it |
| Multiple features to enhance account security | Requires you to set up an account and verify it |
| Free money transfers to/from online casinos | Fees may apply when depositing/withdrawing from one’s MuchBetter balance |
| Straightforward to use | Low limits on payments with MuchBetter cards |
Fees for Gambling Transactions
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 into your balance. You will have two different means of doing this, one with a bank transfer and one with a credit card. You can use Visa and MasterCard to top up your MuchBetter balance, which will come at a cost of 5% of the total transaction amount. As for the bank transfer option, you will not be required to pay a fee, though you may have to cover the cost of the transfer. If you are a high roller, it is advised that you take the bank transfer option, as the 5% fee might prove too costly when applied to larger sums. 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 option 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., all free of charge. The only scenario in which a fee is charged is when you make a payment in a currency other than that of your MuchBetter account. In this case, a 1% foreign exchange fee is charged on the total sum of the transfer.
Using your MuchBetter card is not much different either. You can use it online and at retail locations free of charge. Still, making a payment in a foreign currency will result in a 1% fee being charged. Additionally, when you withdraw money from an ATM, you will also be charged 0.99% of the total sum.
If you want to withdraw money from your MuchBetter balance back to a personal bank account, there are some charges involved. A UK Faster Bank Transfer will cost you 3% of the total, with the same charge applied to SEPA transfers as well. If, however, you wish to transfer your funds to a non-SEPA bank, then you will be required to pay the rather exorbitant fee of £50 or the equivalent in your currency.
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 move funds 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 be completely free, after all.
| MuchBetter Fees | |
|---|---|
| Gambling Deposit Fee | Free |
| Gambling Withdrawal Fee | Usually free |
| Bank Account Deposit Fee | Free for SEPA bank transfers and up to 5% for non-SEPA bank transfers |
| Bank Account Withdrawal Fee | 2% for SEPA bank transfers and up to 5% for non-SEPA transfers |
| Credit/Debit Card Deposit Fee | Up to 5% |
| Credit/Debit Card Withdrawal Fee | 0.99% for ATM withdrawals with MuchBetter Mastercard (2% for virtual AstroPay cards) |
| Maintenance Fee | Applies after 12 consecutive months of inactivity |
Processing Times for Gambling Transactions
Another aspect to consider is the speed of the transactions when using MuchBetter to control your bankroll. Ideally, you want a banking solution that 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 waiting 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, they 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.
| MuchBetter Processing Times | |
|---|---|
| Gambling Deposit Time | Instant |
| Gambling Withdrawal Time | 10 minutes to several business days after approval |
| Bank Account Deposit Time | 5 minutes to 3 hours for e-transfers |
| Bank Account Withdrawal Time | 3 to 5 business days (timeframe may vary based on country) |
| Credit/Debit Card Deposit Time | Instant |
| Credit/Debit Card Withdrawal Time | N/A |
Mobile MuchBetter
When choosing a payment method, some users have concerns about whether they can use that service from their mobile devices. In the case of MuchBetter, it is the only way of utilizing this payment solution. As of this writing, there is no desktop version of MuchBetter and the only way to use it is from a mobile device. Currently, MuchBetter is available on both Android and iOS, with an application featured on the respective app store of each platform.
The app gives you full access to the service, and you can use it to make payments both to online casinos and online shops that accept MuchBetter. Furthermore, if your device has NFC (Near Field Communication) functionality, you can also use it to make contactless purchases at POS terminals.
In short, mobile users will be happy to know that MuchBetter is fully available for their platform and that they can make great use of this banking solution.
| MuchBetter Mobile Payments | |
|---|---|
| Apple Pay | No |
| Google Pay | No |
Security at MuchBetter Casinos
Security is an important aspect to consider when using any online payment service, and MuchBetter has certainly not neglected this. Since the service is tied to your device, you can use many of the security features that it offers, one of the major ones being Touch ID (fingerprint ID). Additionally, you can tie your account to your device so that payments can only be made from it. A Two-Factor Authentication system is also available for those interested, where random codes are generated every few seconds and you have to enter them to make a payment or access the account. This is one of the best security features currently available on the Internet in general, and it has worked well for all who have used it.
As for the casino’s end of things, you will find that gambling websites are certainly secure in their own right. By law, they are required to safely store and handle user information of any kind, and to this end, they use high-end encryption to make sure no one gains access to sensitive information. Not that it should concern you when making a deposit with MuchBetter, since the service does not reveal your banking information to the casino.
All in all, MuchBetter benefits from the latest security features of the gambling, mobile, and payment industries, and so do you by proxy.
| MuchBetter Security | |
|---|---|
| Passcode | Yes |
| Fingerprint | Yes |
| FaceID | Yes |
| Two-Factor Authentication | Yes |
| Trusted Devices | No |
| IP Restrictions | No |
MuchBetter FAQ
There is only so much that we can cover in one review, and we understand if you have more questions regarding this service. For your convenience, we have compiled a list of the most commonly asked questions about MuchBetter along with their appropriate answers.









