Top MuchBetter Betting Sites in the UK
If you’re looking for a top payment method to use for online betting in the UK, then you should check MuchBetter. It’s a mobile-friendly e-wallet that provides an easy and quick way of depositing and withdrawing funds. You’ll even get to earn loyalty coins just by using MuchBetter.
Before you decide whether to use this digital payment service, we recommend reading our thorough guide. We'll show you how to make MuchBetter deposits and payouts, and elaborate on its features and benefits. You'll even find a list of top-rated UK operators that accept MuchBetter.
Introducing MuchBetter
MuchBetter is a UK-based digital payment service that started out in 2016 with headquarters in London, England. The UK Financial Conduct Authority (FCA) licenses and regulates this company, which makes it a legitimate and reliable banking method.
It operates as an e-wallet, allowing you to top up, store, send, and receive funds on a user-friendly platform. You even get to use the same services on its Android and iOS mobile apps. Plus, you can acquire a physical or virtual card that you’re free to use for various purchases.
Know that MuchBetter is available in over 180 countries, one of which is the UK. It also supports 11 currencies, including the GBP, and 13 different languages on its page and mobile app.
Now, besides fiat currencies, you can also top up your MuchBetter account with cryptocurrencies. The current list of supported crypto tokens features 18 coins, among which are Bitcoin, Ethereum, Tether, etc.
MuchBetter even has a loyalty program where you get 1 MB Coin for every top-up of £10. After collecting 100 MB Coins, you can convert them to £1. You can even multiply your coins with the multiplier wheel.
At the moment, MuchBetter services over 1 million users, many of whom are in the UK. An unofficial source states that there are around 200,000 MuchBetter clients in the UK, but this number can be higher.
How to Deposit Funds with MuchBetter at UK Betting Platforms
Making MuchBetter deposits at UK betting sites is pretty straightforward and usually takes a few minutes to complete. However, we still feel the need to explain the entire process, so everyone knows how it goes. We'll do that through a simple step-by-step guide.
- Access MuchBetter’s official website or download its mobile app
- Create an account and top up your digital wallet
- Choose a UK sportsbook that you prefer from our list
- Register a betting account and approve it via SMS code or email link
- Go to the “Cashier” section and enter the “Deposit” area
- Select MuchBetter from the list of acceptable payment methods
- Enter an amount according to the site’s deposit limits
- Provide your phone number and approve the payment
- You’ll immediately get your funds in your betting balance
How to Withdraw Your Online Betting Winnings with MuchBetter in the UK
You're free to use MuchBetter when withdrawing your online betting winnings in the UK. This is also an easy task to do, even for beginners. But to avoid encountering certain difficulties, we urge you to follow the instructions shown below.
- Go to the UK online sportsbook you use
- Use your email/username and password to log in to your betting account
- Make sure to complete the KYC verification process
- Access the “Withdrawal” area from the “Cashier” section
- Pick MuchBetter as your preferred payment option
- Type an amount based on the limits and your current balance
- Provide the phone number you use on your MuchBetter account
- Confirm the payout request
- Wait for the operator to look into your withdrawal request
MuchBetter Transaction Limits, Fees, and Processing Times
Every UK betting site that supports MuchBetter has different transaction limits. The usual minimum deposit limit is £10, but it can go as low as £5 and as high as £20. As for the upper range, it can go between £5,000 and £10,000. Know that some operators may set much higher maximum deposit limits.
When withdrawing funds, you can choose a minimum of £10, while some platforms require at least £20. The maximum amount you can cash out is often £10,000.
There are no charges for using your MuchBetter account for sending and receiving funds. You may only need to pay a 0.99% currency conversion fee if the bookmaker doesn’t support GBP.
However, MuchBetter will charge around £3.8 per month as an inactive account fee. You’ll also need to pay a 2% fee if you decide to deposit with your MuchBetter card, instead of your MuchBetter account.
Additionally, topping up your e-wallet with a card comes with a 2.5% fee. There is even a flat fee between £0.7 and £0.8 on using a MuchBetter voucher to fund your digital wallet.
Lastly, know that MuchBetter conducts instant deposits, while its withdrawals may take from a few minutes to a couple of hours. In some cases, you may need to wait up to 24 hours. Don't forget about the bookmakers' processing times, which usually go between one and 3 days.
Pros and Cons of Using MuchBetter at UK Online Sportsbooks
Just like any other payment method on the market, MuchBetter features a couple of positive and negative attributes. As a fully transparent platform, we at BestBet will reveal both sides, so you know what to expect.
Pros
- No transaction fees at UK bookmakers
- Quick deposits and payouts
- A user-friendly mobile app
- Advanced security features and loyalty perks
- Applicable for almost all betting bonuses
Cons
- Not available at all UK betting sites
- Some MuchBetter services work only on the app
How We Select the Best MuchBetter Betting Sites in the UK
Every MuchBetter sportsbook we encounter must go through a strict review process. After that, we compare its main features with our standards to see if it’s worth listing or not. To help you understand this process, we’ll reveal and explain the main features we check.
Licence & Security
We begin the examination with the licensing information, where we check if the operator has a valid licence. Here, we prioritise those regulated by a well-known authority, such as the UK Gambling Commission. The bookmakers we select must also utilise the latest SSL encryption software.
MuchBetter Payments
Next, our experts evaluate the list of supported payment methods and check if it includes MuchBetter. Punters should be able to use it for depositing and withdrawing funds. Plus, the e-wallet needs to have suitable transaction limits, no additional fees, and fast processing times.
Sports Betting Options
Having a wide variety of sports, competitions, and events is our next high requirement. At this stage, we also check if the bookmaker offers matches from the most popular leagues. Afterwards, our experts evaluate the odds' competitiveness and the betting markets' extensiveness.
Customer Support
Lastly, we make sure that the UK betting sites offer 24/7 customer support via live chat, email, or phone. Their agents must be knowledgeable and friendly, and they need to respond within minutes. We give out extra points to those sportsbooks with packed FAQ sections.
Benefits of Using MuchBetter for Online Betting in the UK
There are several perks of using MuchBetter for online sports betting in the UK. Knowing them can help you decide whether this e-wallet is the perfect fit for you and your needs. We'll reveal and elaborate on the main benefits below this segment.
- No transaction fees – MuchBetter doesn't charge any fees when you deposit or withdraw funds at UK bookmakers. You may only need to pay a 0.99% currency conversion fee if the operator doesn’t support GBP payments.
- Fast deposits and withdrawals – You'll instantly get your funds into your online betting account when using MuchBetter. As for withdrawals, they usually go from a few minutes to a couple of hours. On some occasions, you may need to wait up to 24 hours to cash out your winnings.
- User-friendly app – you can use the MuchBetter app on your Android or iOS phone for smoother payments. In fact, the app offers more services than the desktop and mobile browser platforms. Plus, you get to fund your betting account and place bets on the go.
- Enhanced security – MuchBetter utilises a strong encryption software, fraud detection and transaction monitoring system, freeze functions, and biometric or PIN-based access. You also get to pair your wallet to a specific mobile device and number, allowing only you to authorise payments.
- A rewarding loyalty program – you can earn money by collecting MB Coins from funding your digital wallet. The loyalty program rewards one MB Coin for every £10 you send to your MuchBetter account. You can also exchange them for cash, where 100 MB Coins are worth £1.
Alternative Payment Methods
Besides MuchBetter, reputable UK bookmakers accept numerous other top payment methods. This gives you a chance to choose a good alternative if MuchBetter isn’t available at your sportsbook for some reason. With that in mind, here are some of the banking options that you can use:
- PayPal: a very popular e-wallet that operates worldwide and allows you to link your cards and bank accounts. It's very easy to use, and it provides super-fast deposits and withdrawals.
- Skrill: another well-known digital wallet that's super attractive for online betting in the UK. It offers a simple, quick, and secure way of sending and receiving funds.
- Google Pay: this is a famous mobile wallet that's available to Android users. You can add multiple cards and bank accounts, and use them to deposit funds without revealing any info.
- MiFinity: yet another top e-wallet that offers quick deposits and withdrawals at very low fees. It comes with a user-friendly app and multiple security features.
Conclusion
MuchBetter is an up-and-rising e-wallet that offers numerous advantages to UK punters. It lets you conduct simple, fast, and secure payments with no transaction fees. You're also free to use its user-friendly app and earn cash rewards from its loyalty program.
If you think MuchBetter betting sites are for you, then you should give them a try. You can easily find the best operators in the UK that accept MuchBetter on this page. Explore them and join the one you prefer.
FAQ
Are MuchBetter betting sites safe in the UK?
MuchBetter betting sites are safe and secure as long as they operate with valid licences. We recommend wagering at bookmakers licensed and regulated by the UK Gambling Commission, as they provide local security. They also utilise the latest 128-bit SSL encryption software.
Can I use MuchBetter for withdrawing winnings at UK bookmakers?
Yes, you can use MuchBetter as a withdrawal method at most UK betting sites. But you should still check these details, as some operators may only accept MuchBetter deposits.
Does MuchBetter charge fees at UK betting sites?
MuchBetter doesn’t charge transaction fees on deposits and withdrawals to and from UK bookmakers. But you may need to pay currency conversion fees if the operator doesn’t support GBP. Other types of fees may apply, which you can check on MuchBetter’s official site.
What are the MuchBetter deposit limits at UK sportsbooks?
The minimum MuchBetter deposit at most UK betting sites is usually £10. As for the maximum limit, it often goes between £5,000 and £10,000, depending on the bookmaker.
How long do MuchBetter withdrawals take at UK betting sites?
MuchBetter withdrawals at UK sportsbooks may take from a couple of minutes to a few hours. On some occasions, the payouts may go up to 24 hours, not including the bookmakers’ processing times.