MuchBetter is a relatively new online payment solution, with a direct emphasis for being used for 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 has to be taken into consideration.
MuchBetter Summary | |
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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 with both gambling websites and the general player base, with more and more brands starting to support it. Having made shockwaves across the industry, it is only fair to take a look at this banking method and see how well it stacks up against others in the industry. We will place more emphasis on the online gambling transactions aspect of the service and see if it is a market gimmick or a legitimate means of funding 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 fund your account before you make your deposits at the casino of your choice.
- The first step is to head to the official website of MuchBetter and click on the Sing 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 on 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 for the verification of your account.
- Enter the code that you have received via an SMS and tap on Validate.
- To complete your registration with MuchBetter, select Top Up, which will ask you to provide a few more details to further verify your identity. You can easily upgrade from basic account to premium account by providing an ID verification. That can easily happen by providing a form of photo ID such as a passport or driver’s license and take a selfie to prove these 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 one can use to transfer money to their e-wallet balance. Those who use a bank card to deposit into their MuchBetter account will be asked to verify their card to be able to increase their top-up limits. This can be done by providing a one-time verification code, which will be provided to the cardholder’s banking statement.
How MuchBetter Works
Using MuchBetter for Gambling Transactions
Before you get down to using MuchBetter for gambling transactions it is best to a few moments to see how the service functions and what it actually does. MuchBetter is an electronic wallet, eWallet for short, not unlike popular services 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 that 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 money from an ATM. Additionally, 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 used 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 only takes 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 get to 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 | |
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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 on funds to play whatever games the casino has to offer.
Something else that you also 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 to an online casino, something which 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 their mobile device for the purposes of online gambling, then you will be happy to know that MuchBetter is a mobile service before all else. In fact, this payment solution does not even have a desktop component, at this time. As such, it is built from the group 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 to you if that is your primary gaming platform.
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 Pros | MuchBetter Cons |
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Multi-award-winning virtual wallet | Unavailable for gambling payments in some supported countries (eg. 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 in 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. 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 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 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 different 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 MuchBeter card is not too 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 while, with the same being 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 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.
MuchBetter Fees | |
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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 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.
MuchBetter Processing Times | |
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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 (the 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 whether or not they could 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 being featured on the respective app store of either 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 | |
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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. With touch ID (fingerprint ID) being one of the major ones. 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 be able 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 that 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 the payment industry and so do you by proxy.
MuchBetter Security | |
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Passcode | Yes |
Fingerprint | Yes |
FaceID | Yes |
Two-Factor Authentication | Yes |
Trusted Devices | No |
IP Restrictions | No |
MuchBetter Alternatives
While MuchBetter is a great solution for casino players who wish to be able to handle both their deposits and withdrawals with ease, there are also other similar methods to resort to. More services work using the same e-wallet system, enabling secure and fast transactions. Additionally, players can also try a few other methods to manage their casino bankrolls. We have listed below a few options we believe can work as alternatives to MuchBetter.
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Neteller
One alternative to MuchBetter is the e-wallet service of Neteller, which can also make your online casino payments extremely easy, fast, and secure. This method is widely popular among players from different parts of the world, with Neteller often being among the supported options of major online casino brands.
If you decide to top up your account via Neteller, you can expect to see your money in your gaming account instantly. The best part is that the process will be extremely safe as you will not be asked to provide any type of sensitive information during the payments. While some methods may be excluded from casino promotions, Neteller is rarely a method you cannot use to redeem a casino bonus.
Conveniently enough, Neteller is also often available for withdrawals, with the e-wallet service typically allowing players to enjoy their winnings within a few hours or up to a couple of days. Of course, withdrawals via Neteller are just as secure, as yet again, players do not provide any type of sensitive information during payouts.
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Skrill
Another e-wallet that casino players can resort to whenever they are looking for great alternatives to MuchBetter is Skrill. This service is also often accepted by many virtual casinos, offering players to handle both their deposits and withdrawals with the same easy-to-use method.
Skrill users have the chance to instantly top up their casino accounts whenever they feel like it. Instead of providing card or banking details when initiating payments, you can complete your Skrill deposits by simply logging into your e-wallet account. That will add an extra layer of security to your top-ups as you will not expose any type of sensitive details.
In addition to instant deposits, Skrill also offers rapid withdrawals, with players often being able to enjoy their winnings within a few hours or a couple of days at most. Skrill is extremely easy to use, which makes it a great alternative to MuchBetter.
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Interac
When casino players are looking for alternative methods they can use to handle their casino bankrolls, they might also consider utilizing the Interac payment gateway. This service allows e-transfers, which enable extremely safe and convenient casino payments that many players would appreciate.
While it is not an e-wallet solution, Interac still enables extremely easy and fast casino deposits. Whenever players wish to instantly top up their gaming accounts, they can resort to the e-transfer service of Interac. To further increase the security during payments. Interac utilizes SSL encryption, which ensures that no unauthorized third parties will have access to players’ details.
Not all virtual casinos support withdrawals via Interac but the service is often available as a withdrawal option as well. After the virtual casino approves the Interac withdrawals, players can usually enjoy their winnings within the following 24 hours or a couple of days. Just like deposits, withdrawals carried out via Interac are extremely secure.
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Bank Cards
Whenever you are looking for a convenient way to handle your casino payments, you might also resort to using credit/debit cards, usually by Visa or Mastercard. This is probably one of the most common options that most online casinos are supporting, allowing numerous players to handle their payments with extreme ease.
When you initiate a deposit via a bank card, you will be able to instantly fund your gaming balance. Unlike the aforementioned methods, however, credit/debit cards used for casino payments would typically indicate that players must provide their card details to the gaming brand. That said, as Visa and Mastercard are some of the biggest card-issuing companies in the world, they utilize industry-standard security tools and measures to protect their customers.
Conveniently enough, bank cards are often among the supported withdrawal methods at virtual casinos. Cashouts carried out via credit/debit cards are processed with the utmost caution and safety. To ensure the best time for players, this type of method usually allows casino gamblers to receive winnings within a few days.
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Neosurf
While Neosurf offers a different type of payment system, we believe it is a great MuchBetter alternative you can try. This is a prepaid voucher service that allows players to make instant deposits and stay anonymous during the payment process. That contributes to extra safe and convenient payments that any player could appreciate.
In addition to the prepaid voucher service, Neosurf also offers the option to register and create an e-wallet with the service. Once you join Neosurf, you can also use the e-wallet to make instant deposits into your gaming account. While you will need to log into your Neosurf profile using your username and password, you will still enjoy safe deposits without exposing any card or bank details.
Another great advantage of creating an e-wallet with Neosurf is that you will be able to use the service for your casino withdrawals. Just like MuchBetter, the e-wallet powered by Neosurf will allow you to enjoy your winnings in either a few hours or just a couple of days.
Casino Games with MuchBetter
One great advantage of MuchBetter is that it is an e-wallet service that was created with online players in mind. That makes the method a perfect solution for online casino adventures, with MuchBetter users having a plethora of games to enjoy. At MuchBetter-friendly casinos, players can enjoy a myriad of games, including video slots, classic table games, Live Casino variations, and plenty of other fun options.
Slots with MuchBetter
Casino players who choose to fund their accounts via MuchBetter will be able to enjoy plenty of diverse gaming options online. Slots fall under the top categories that will be available to MuchBetter users, with the majority of casinos offering a host of classic and video slots that one would enjoy.
Those on the lookout for a fun slot experience will be able to choose from a variety of games that include multiple paylines, bonus features, ranging bet sizes, and many other options that can make one’s gaming experience extremely thrilling.
Immortal Romance
One of Microgaming’s top titles, Immortal Romance is one of the popular video slots that may be available to MuchBetter users. The slot features 5 reels and 3 rows, with winning combinations appearing in 243 different ways. Players have the chance to land very generous payouts as Immortal Romance incorporates various bonus features that can be triggered randomly. This high-variance slot has the potential to award a maximum payout of 12,150x the total bet of players.
Book of Dead
Another extremely fun video slot that players might come across at MuchBetter casinos is Book of Dead. The game is a Play’n GO creation, bringing slot fans a super gaming time, which will be accompanied by various opportunities for generous payouts. The slot is played on a grid with 5 reels and 3 rows. Winning combinations can land across 10 paylines, with players having the chance to trigger a bonus feature awarding free spins.
Wolf Gold
Slot fans may also find pleasure in spinning the reels of Wolf Gold, which is another video slot commonly seen at MuchBetter casinos. The game is provided by Pragmatic Play and is spread across 5 reels and 25 paylines. The slot features special symbols and bonus games that can make anyone’s spinning adventure extremely fruitful. Lucky players might be able to land the Mega Jackpot of Wolf Gold and add 1,000x their original stake to their casino balances.
Live Casino Games with MuchBetter
Another very exciting category that will be available to casino players who enjoy using MuchBetter for their deposits is Live Casino. This is a genre that enables casino enthusiasts to enjoy a very authentic gaming experience, allowing them to play with real professional dealers and make their casino time more immersive than ever before.
Speed Roulette
Roulette is among the casino classics that many players enjoy and thanks to Evolution Gaming’s Speed Roulette, MuchBetter users can also revel in a superb roulette experience. Played with the standard rules for European roulette, Speed Roulette is great for those who enjoy the thrill of the game but have no time to waste. With a wheel specifically designed for the game, Speed Roulette allows you to play faster than ever and enjoy more betting rounds than usual.
ONE Blackjack
For all of the fans of card games, casinos accepting MuchBetter payments might often offer ONE Blackjack by Pragmatic Play. This is a single-seat live blackjack table that offers an authentic casino experience and plenty of opportunities for extra wins thanks to a range of side bets. Those who enjoy taking extra risks by placing side bets will have the opportunity to win a payout of up to 2,000x their bet.
Crazy Time
In addition to a host of live table games, MuchBetter users might also have the chance to bet on a range of Live Game Shows. One extremely popular option that falls under this category is Crazy Time by Evolution Gaming. It combines some of the best products by the gaming company, with players having multiple chances to sweep major wins and even multiply them thanks to bonus features.
Blackjack with MuchBetter
The classic game of 21 is popular with many casino enthusiasts, which is the reason why MuchBetter casinos also offer different blackjack variations to players. Ranging rules and side bet options will be available to players, allowing them to pick the title they find most fitting to their tastes.
Vegas Strip Blackjack
There is no denying that Vegas Strip and blackjack are names that go hand-in-hand. That is why MuchBetter users might be able to enjoy an authentic Vegas-like experience in the comfort of their homes. With Vegas Strip Blackjack by Microgamung, players will be able to revel in a fun and rewarding casino experience. Played by standard blackjack rules, Vegas Strip Blackjack offers players an authentic yet very fun casino time.
Blackjack Plus
Another very intriguing version of blackjack that may be available at MuchBetter-friendly casinos is Blackjack Plus by Felt Gaming. In addition to offering standard blackjack gameplay, with the option to make up to 6 different side bets. The game can be very suitable to both fans of the classic game as well as to those who enjoy the extra thrill of playing for some extra payouts.
Blackjack Single Deck
If you are a fan of blackjack, then you know that the number of decks used in the game is very important. That is why MuchBetter users might be pleased to know that they might be able to play Blackjack Single Deck by Play’n GO. While the game uses only one deck, it should be noted that the payout for a blackjack is 6 to 5 rather than the standard 3 to 2 payout. That being said, many players might still find this blackjack version very appealing.
Roulette with MuchBetter
With roulette being a classic game favorite to many casino enthusiasts, the majority of virtual casinos that accept MuchBetter payouts will offer a myriad of roulette options. Whether you prefer the single-zero or double-zero version of the game, you will be given diverse options to choose from.
Age of the Gods Roulette
We should mention this variation of American roulette as it provides a thrilling and somewhat unusual roulette experience to casino players. Age of the Gods Roulette by Playtech will allow players to make all of their favorite typical roulette bets. However, those who prefer playing for bigger payouts can opt for the special bonus stake and play for the chance of sweeping a generous progressive jackpot.
European Roulette
Players who prefer using MuchBetter for their casino payments might also be able to explore a wide range of European roulette variations. One of the options you might be able to play is European Roulette by Play’n GO. The game has the standard single-zero wheel, making the house edge 2.70%. With a great design and various bet sizes, European Roulette will definitely appeal to many players.
Roulette x5
Yet another unusual roulette variation that may be available at some MuchBetter casinos is Roulette x5 by Golden Rock Studios. To bring extra spice to the typical roulette gameplay, this game has added the chance to sweep a win of up to 500 to 1. The base game is a standard European roulette variation with a single-zero wheel. Thanks to a racetrack, players can also place various call bets and make their gaming time even more exciting. After every win, a bonus feature will allow players to make some extra bets and hopefully boost their winnings significantly.
Much Better 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.