Visa and Mastercard were named in a recent Investigate Europe probe into unlicensed gambling websites operating across the UK. Reported by The Guardian, the investigation found that some of these platforms offered services to European users, particularly in the UK, without proper licensing.

Visa was listed as a payment option on two such websites, while Mastercard appeared on nine, alongside various cryptocurrency methods. These sites offered sports betting and casino games, often with generous bonuses, and in some cases targeted vulnerable individuals, including those with gambling exclusions. One UK gambler reportedly lost over £200,000, and several others faced denied withdrawals and other illegal practices.

Visa & MasterCard’s Stance On Illegal Gambling

Both payment providers have previously pledged to prevent transactions linked to unlicensed gambling. Visa stated it does not tolerate illegal activity on its network and remains vigilant in monitoring its systems. Mastercard emphasized its “zero tolerance” policy and confirmed it will investigate the reported websites.

However, Mastercard clarified that transactions typically occur through acquiring banks, which are responsible for vetting merchants and ensuring compliance with local regulations and licensing requirements.

Are Prepaid Gambling Sites Licensed?

The most trusted prepaid casinos and sportsbook sites do have valid gaming licensing, as noted on their website. However, scammers have long been using fake online casino sites to try to steal from potential gamblers.  

To determine if a site is legally licensed and utilizes fair gaming practices, you must verify its licensing. All of the prepaid gambling sites we recommend offer that information on their website, and with a few clicks, you can verify their standing. You can also read player reviews, watch YouTube videos, and use free play options before making a deposit.

How Often Are Visa & MasterCard Used in Scams?

Credit card scams are one of the most prevalent types of identity theft in the US and around the world. While the problem affects numerous card issuers, Visa & MasterCard are the two largest and likely see most of the action. Fortunately for cardholders, both companies take card scams and other illegal activities very seriously and have taken numerous preventative measures over the years to curb potential scammers.

In 2024, the Federal Trade Commission (FTC) received nearly 450,000 credit card fraud reports. And one staggering stat claims that 65% of all credit and debit card holders in the US have been victims of fraud at least once.

The post Visa and Mastercard Named in Unlicensed Gambling Sites Probe first appeared on Prepaid Gambling Sites.

It has been just over four months since Donald Trump took the highest office in the United States, and most would say things are going well for the new President. The same can be said for his meme coin, $TRUMP.

On May 22nd, President Trump will host the top 220 $TRUMP coin holders with a dinner at his Virginia golf club near Washington, D.C. The event was announced last month, and many have speculated who will attend.

The pseudonymous nature of the crypto wallets raises questions regarding the true identities and motivations of the token’s largest holders, who have secured an invitation to dine with a U.S. president.

Documents from blockchain analytics firm Inca Digital indicate that the top 275 $TRUMP token holders frequently engage in transactions through international exchanges such as Binance, which do not serve U.S. customers. This suggests that these individuals are likely not U.S. citizens. A Bloomberg report also indicated that 19 of the top 25 wallets are almost certainly owned by individuals outside the United States.

The top $TRUMP Coin holder is expected to be Justin Sun, the crypto entrepreneur behind the TRON Blockchain. The Sun wallet now holds over $18 million in $TRUMP, with $4.5 million bought after announcing the dinner contest.

$TRUMP Coin Now Accepted At Select Online Casinos

Recently, BetOnline and its sister sites started accepting the $TRUMP coin as one of their many banking methods. According to the popular exchange Kraken, the coin is currently valued around $13. While this is the first site we have seen accept the President’s digital coin, we expect more people to jump on board as his Presidency continues.

$TRUMP coin now sits alongside other popular banking methods at prepaid online casinos. Other popular cryptocurrencies that are often accepted online include Bitcoin, Ethereum, Cardano, Litecoin, Dogecoin, and many more.

Gambling With Cryptocurrency

Many players choose to gamble with crypto due to its fast processing times and little to no processing fees. Crypto depositors also have the option to withdraw crypto at the fastest online casinos.

While the $TRUMP coin is still new, many holders will be reluctant to use it as a prepaid banking method. Crypto depositors risk losing value as the player is awarded a USD balance based on the market value at the time of the deposit. However, if the value falls in today’s volatile market, you still get the value at the time of the deposit.

The post $TRUMP Coin Now Accepted at Popular Online Casinos first appeared on Prepaid Gambling Sites.

Today, cryptocurrencies such as Bitcoin, Litecoin, Bitcoin Cash, Ethereum, and more are among the most accepted non-traditional banking methods. Online crypto users can enjoy the convenience of bigger bonuses, faster transactions, and little to no transaction fees, making their betting experience more efficient and empowering.

Below, we will look at some of the odds for Super Bowl LIX and discuss how you can deposit with cryptocurrencies to receive bigger bonuses, faster transactions, and avoid processing fees.

Betting On The Super Bowl With Bitcoin

Prepaid gambling with Bitcoin offers several key benefits, including enhanced security, faster transactions, and greater privacy. However, many sites also waive processing fees when account holders deposit with Bitcoin or other popular altcoins.

Popular online sportsbooks like Bovada, BetUS, and BetOnline accept multiple forms of digital assets and offer “welcome” deposit bonuses to players who want to increase their initial bankroll. In addition to receiving digital currencies, the most trusted online sportsbook sites waive prepaid deposit fees.

Once deposited, digital assets are added to a user’s account as USD. With bitcoin deposits, a USD value is added to the user’s account based on the value at the time of the deposit. This system ensures that a user’s balance remains unchanged, providing security and confidence regardless of Bitcoin’s market fluctuations.

Super Bowl Odds

Super Bowl LIX is just under a month away, and with the AFC and NFC Conference Championship game scheduled for this weekend, online NFL odds are plentiful. As you can see from the odds below, futures still offer good value for bettors who lock in their bets now.

However, after this weekend, more odds for the big game will be added, including halftime, the national anthem, and player and team props. Game lines for the Super Bowl will also go live once the two teams are confirmed.

Below are the odds from Bovada’s online sportsbook for Super Bowl LIX. You can also find conference championship odds online leading into the weekend.

Super Bowl 59 – Winner

• Philadelphia Eagles +190
• Kansas City Chiefs +220
• Buffalo Bills +250
• Washington Commanders +750

Most Valuable Player (Super Bowl 59 MVP)

• Patrick Mahomes (KC) +260
• Josh Allen (BUF) +275
• Jalen Hurts (PHI) +375
• Saquon Barkley (PHI) +500
• Jayden Daniels (WAS) +650

Who Is Favored To Win Super Bowl LIX?

Current sportsbook odds indicate that the Philadelphia Eagles are the favorites to win the 2025 Super Bowl. However, many bettors still favor the Kansas City Chiefs as they have won the two previous Championships and have rolled through the post season. However, the Chiefs will have a big test this weekend against the Buffalo Bills in the AFC Conference Championship.

The post Super Bowl LIX Betting With Prepaid Banking Options first appeared on Prepaid Gambling Sites.

The FBI stated that the most prominent scheme often involved investment opportunities with Bitcoin and Ethereum and received more than 70k complaints.

Michael Nordwall, an assistant director for the FBI’s criminal investigation division, told the press that cryptocurrency’s decentralized nature, fast and irreversible transactions, and worldwide acceptance make it a desirable option for criminals. He also said that many scammers will befriend their victims on social media for several weeks or even months before acting upon their scheme.

Gambling With Crypto: Good Idea or Nah?

Cryptocurrency is one of the top accepted banking methods for prepaid casinos and has made online gambling faster and more convenient for many players. For us, the benefits far outweigh the negative press, and crypto offers fast and discreet payouts from online casinos, sportsbooks, and poker sites.

Other payment options, including traditional methods such as Visa, MasterCard, and Wire Transfers, are also accepted. However, gambling with Bitcoin has benefits such as increased bonuses, fast payouts, and crypto withdrawals.

Is Investing In Altcoins A Good Investment?

Anyone who invests in crypto understands the risks involved. Bitcoin, for example, has seen extreme highs and extreme lows. Altcoins such as Ethereum, Litecoin, and Bitcoin Cash have withstood the test of time but are still volatile due to market changes.

Everyone has heard the many stories of people who bought Bitcoin years ago and became millionaires overnight years later. While that is possible, it is also unlikely unless you can withstand the long haul. We believe in cryptocurrency’s value, but no one can predict what coins will grow and which will collapse.

Are Cryptocurrency Casinos Legit?

All online casinos that accept cryptocurrency are different. Legitimate casino sites are all licensed and regulated by a trusted governing body. The most trusted prepaid casinos have an excellent player reputation and have been an established and trusted brand for years. The sites we recommend are great for players looking for prepaid banking methods, but other legitimate brands exist.

Sources:

• Associated press

The post Crypto Scams Amount To $5.6 Billion In Losses for Americans In 2023 first appeared on Prepaid Gambling Sites.

Federal financial regulators are currently exploring two allegations brought forth by whistleblowers. The complaint states that Cash App inadequately vets its users, opening the door to suspected money laundering schemes that could be linked to terrorism and other unlawful activities.

The two whistleblowers filed their complaint with the Financial Crimes Enforcement Network, a unit often tasked with analyzing financial transactions linked to domestic and international crimes. The agency refused to comment on the investigation but said it was also working with other federal agencies on the matter.

Cash App is one of the many peer-to-peer money services that makes sending money to friends or merchants fast and reliable. First introduced in 2012, today, the Cash App has made life easier for many of its users. Our readers typically use Cash App to fund prepaid gambling sites by purchasing vouchers from other players.

While Cash App is not a bank, it has partnered with several banking institutions to provide its services to users. Wells Fargo actually controls most of the money and holds users’ funds in an account so that the company is eligible for FDIC Insurance.

Are Prepaid Debit Cards Linked To Money Laundering?

Cash App and other prepaid cards are not directly linked to money laundering schemes; however, whistleblowers say they are susceptible. P2P money services like Venmo, PayPal, and Zelle are also vulnerable to money laundering schemes.

Can You Use Cash App To Gamble Online?

No, but you can use Cash App to purchase vouchers from other account holders. This process involves transferring money from your Cash App account to the seller’s account in exchange for a voucher, which you can then use to fund your online gambling account. Prepaid vouchers are only available at select sites (Bovada), offering players several advantages, mainly in processing speed.

Online casino and sportsbook sites often allow players to use various payment methods, including digital currencies, traditional banking methods (Visa, MasterCard), and other methods (P2P, Wire Transfers). For most gamblers, banking is one of the most important site features as it can determine how fast they can receive payouts and make deposits.

Prepaid Bonus Options

In addition to offering games and sportsbook odds, online gambling sites often offer bonus options, including welcome bonuses, re-load bonuses, and other rewards. These bonuses can significantly increase your initial deposit and provide additional funds for gambling. However, it’s important to understand the terms and conditions associated with these bonuses, as they often come with wagering requirements and other restrictions.

Before accepting a bonus, it’s crucial to understand that bonus funds often come with wagering requirements that can impact your withdrawals. For casino bonuses, the rollover requirements are typically higher than those for sportsbook bonuses. This knowledge can empower you to make informed decisions when using online gambling sites.

The post Cash App Under Federal Probe Due To Concerns Of Money Laundering first appeared on Prepaid Gambling Sites.

With the rise of Bitcoin and other notable altcoins, the landscape of online transactions within the gambling world has seen significant improvements. As such, understanding and maximizing banking options for prepaid gambling sites has become essential for operators and users.

Altcoins Now Accepted At Popular Online Gambling Sites

Altcoins have revolutionized online casino, poker, and sportsbook transactions, providing a decentralized and secure alternative to traditional world currencies. 

Unlike conventional banking methods, altcoins offer unparalleled privacy, speed, and often reduced transaction fees. This has made them increasingly popular within the online gambling community, where confidentiality and efficiency are paramount. 

Today, you can find numerous prepaid Dogecoin casinos, Litecoin casinos, Ethereum casinos, and more.

Advantages of Altcoin Banking for Prepaid Gambling Sites

Privacy and Security

One of the primary advantages of using altcoins at prepaid gambling sites is enhanced privacy and security. Transactions using altcoins are pseudonymous, meaning users can gamble online without entering sensitive banking information. Additionally, the blockchain technology employed by altcoins ensures secure and discreet transactions, safeguarding users’ funds from fraudulent online activities.

Instant Transactions

Altcoin transactions are often utilized for their speed and efficiency. Unlike traditional banking methods, which take several days, altcoin transactions are typically processed within minutes. 

The instantaneous processing of altcoin transactions ensures that users can deposit funds into their online gambling accounts quickly and often avoid transaction fees.

Reduced Transaction Fees

Another compelling benefit of altcoin banking is the significantly reduced or waived transaction fees. Traditional banking methods often impose fees on online transactions to cover processing costs. In contrast, altcoin transactions generally avoid fees, allowing users to maximize their gaming funds.

Bonus Rewards For Altcoin Players

Another perk of utilizing altcoins is the welcome bonus offers from the most trusted prepaid casinos and gambling sites. Many sites offer more significant rewards for Bitcoin and other altcoins they accept to incentivize players to deposit with crypto. 

All prepaid gambling sites are different and accept various forms of digital currency. So, it’s best to view the cashier’s page before signing up to ensure the currency you hold is accepted. You can also navigate to the promotions page, where all the crypto bonuses are explained.

The post Altcoin Banking Advantages for Prepaid Gambling Sites first appeared on Prepaid Gambling Sites.

Today, gambling sites are one of the few entities that accept digital currency, and if you are willing to risk it, you can score big bucks with online casinos, sportsbooks, and poker sites. 

Below, we will look at more perks associated with cryptocurrency gambling sites and how you can take full advantage of rewards and bonuses in 2024 with crypto banking options.

Benefits Of Gambling With Bitcoin And Other Crypto’s

Gambling with Bitcoin and other popular altcoins offers several benefits to users. One of the key advantages is the enhanced privacy and anonymity it provides. Bitcoin transactions are decentralized and operate on a blockchain, ensuring users can gamble without revealing personal banking information. This confidentiality level appeals to individuals who prioritize privacy in their online transactions. 

Additionally, digital currency facilitates quick and secure deposits and withdrawals, eliminating the need for traditional banking systems, currency conversion services, fees, and lengthy time delays. 

Furthermore, Bitcoin transactions often come with lower fees than traditional payment methods, providing users with a more cost-effective and efficient way to enjoy online gambling experiences. Overall, the combination of privacy, speed, security, and cost-effectiveness makes online prepaid gambling with Bitcoin an attractive option for many enthusiasts.

Expanded Crypto Bonus Offers

Another benefit of online prepaid gambling sites is the bonus offers that players can utilize. Many sites provide expanded crypto bonus rewards, meaning you can receive more bonus funds if you deposit with an accepted digital currency. 

Online casino, sportsbook, and poker bonuses are always tied to wagering requirements, so it is essential to read all the terms and conditions before accepting a bonus reward.

How Do Online Gambling Sites Process Crypto Deposits?

Once you deposit with an accepted cryptocurrency, your funds are reflected in USD based on the market value at the time of the deposit. Gamblers are given the option to withdraw in crypto if they deposited with digital currency. Crypto withdrawals are based on the USD amount in the player’s account. Those funds are then converted to the crypto you deposited with, and the currency is transferred to your address within 24 hours. 

The post Benefits Of Online Prepaid Cryptocurrency Gambling first appeared on Prepaid Gambling Sites.

We say this with some urgency because many of the NFL survivor contests close off entries tonight once Monday Night Football kicks off at 8:15 p.m. Also worth noting is that any survivor contest entry will require picking a winner from the MNF game between the New York Jets and the Buffalo Bills because it is the only remaining Week 1 game on the schedule.

Here we offer a breakdown of the best NFL betting contests available for the 2023 season at our top prepaid football betting sites.

BetOnline Sportsbook NFL Betting Contests

One of the fastest-paying prepaid sportsbooks around today is BetOnline.ag. They accept a massive variety of prepaid gambling options and are no slouches when it comes to producing NFL odds.

The same can be said for their NFL betting contests, but we suggest heading over there fast because one of them is closing up tonight.

BetOnline’s $415,000 NFL Survivor Contest

• Entry Fee: First $30, Second Through Fifth $20 Per, Sixth Through Tenth $15 Per, Eleventh Through Twenty-Fifth $10 Per
• Close Date: September 11th At 8:05 p.m.
• Rules: Select one winning team each week without consideration for point spreads. If your team wins, you move on to the next week. Teams cannot be chosen twice, meaning a brand new franchise must be chosen as a winner all eighteen weeks of the season.
• Prizes: The final contestant remaining will win $415,000. The grand prize will be split among all winners if there are multiple season-long survivors. The contest ends when the season is over or when there is only one survivor remaining.

BetOnline’s Free $200,000 NFL MegaContest

• Entry Fee: The First Entry Is Free. An Additional Entry Can Be Earned By Any Member That Has Deposited At Least $25 During The History Of The Account.
• Close Date: January 7th, 2024, At 4:25 p.m.
• Rules: Contestants must make five NFL betting picks against the spread each week.
• Prizes: $150,000 in cash will be awarded weekly and split equally among the members who make five picks correctly. At least $25 in bets must be made to qualify for each weekly prize. The top 100 finishers at the end of the season will win a share of $50,000.

While entries for Week 1 of the MegaContest are closed, there’s plenty of time to catch up to the pack in the season points or partake in the weekly prizes.

SportsBetting.AG NFL Betting Contests

Another top prepaid sports betting site that is offering up NFL betting contests to their members is SportsBetting.AG. They are a sister site to BetOnline and are also one of our most trusted online prepaid sports betting sites that we recommend to our readers.

As such, they are offering the exact same two NFL betting contests for the 2023 season, with the same grand prize totals and splits. Where you decide to enter is entirely up to where you possess a membership and qualify for the terms.

The post New 2023 NFL Betting Contests At Prepaid Sportsbook Sites first appeared on Prepaid Gambling Sites.

Whether you intend on prepaid casino gambling, sports betting, or online poker, one of the best ways to upload funds or get paid is by using a prepaid method. Below, we’ve compiled our rationale for why gamblers in 2023 should think about prepaid betting.

5 Reasons To Consider Prepaid Gambling

1. Anonymity – We’re not here to judge. For some, a banking option with no name attached is a benefit that makes prepaid deposits and withdrawals attractive. Whether you’re using a voucher code or a prepaid debit card to make a deposit, there is no name attached to the online financial transaction.
2. Freedom Of Choice – Purchasing a prepaid voucher gives players the ability to buy sportsbook or casino funds using any method they prefer. Voucher buyers and sellers come together and agree upon the payment type, allowing exchanges to occur using any peer-to-peer vendor on the market. Methods like PayPal, Venmo, Cash App, and other peer-to-peer vendors aren’t accepted at gambling sites. Purchasing or selling a gambling voucher opens the door to these popular choices.
3. Near-Instant Payouts – Players that want to get paid out immediately in cash can sell their gambling site vouchers to other members of the same site. This can occur within minutes and can be arranged through the members themselves or via a third-party app like MatchPay. We’ve found MatchPay to be much quicker and more convenient than finding sellers on gambling site forums.
4. Withdrawals Can Be Made More Often – USD and cryptocurrency payouts cannot be requested every day, with timelines that vary from site to site. For instance, Bovada LV does not limit the number of vouchers you can request as long as there are withdrawable funds in your account.
5. No Fees Are Attached – There are no fees when depositing voucher funds or withdrawing by requesting a voucher code. The sales of vouchers could incur fees depending on which P2P vendor was used. MatchPay transactions are free but do not account for any fees added by the financial institution that was used to buy or sell the voucher.

In addition, gambling vouchers and MatchPay are safe methods of funding your online gambling. Uploads cannot be denied by government oversight, ensuring that your cash arrives in your betting account without delay.

The post Five Reasons To Consider Prepaid Gambling Online first appeared on Prepaid Gambling Sites.

The following three voucher-related crimes occurred at domestic and international casinos over the past few weeks and serve as a reminder to keep your head on a swivel when handling monies of any kind while gambling.

Singapore Jails Tourist For Using Found Casino Vouchers

A tourist in a Singapore casino recently found out the hard way why picking up winning slots tickets off of a gaming floor and cashing them is a bad idea.

To many, the act may seem like finding money and fairly hanging on to it, but casinos do not share that belief. When 27-year-old Silitonga Andri Parulian picked up and cashed winning slots tickets worth $17,000, he departed the Marina Bay Sands Casino and promptly headed to the airport.

The casino became aware of the theft the following morning and was able to place Parulian on a no-fly list prior to his leaving Singapore. He was, however, able to transfer a majority of the stolen money before being apprehended.

Paurlian was sentenced to four months in jail on June 19th. The Marina Bay Sands Casino has yet to recover any of the stolen money.

Man Murdered Over $20 Voucher Theft In Las Vegas Casino

On June 10th, an argument over a missing $20 gambling voucher became deadly in a hotel room at the Excalibur Casino in Las Vegas, Nevada. Two friends began to argue after one accused the other of stealing a voucher that had been placed on a nightstand, resulting in violence.

The preceding fight was overheard on a phone call made from the shooting victim to his girlfriend, where he pleaded with her to convince the gunman that he had not stolen the voucher.

Hotel employees gained access to the room where they found Martell Merill, aged 35, dead upon arrival from a gunshot wound. Christopher Mason was arrested two days later on murder charges. A follow-up search of the hotel room revealed a bag of cocaine and other various unspecified illegal drugs.

A hearing for Mason in a Las Vegas courtroom is pending.

$859 Voucher Theft In Pennsylvania Casino

On July 11th, Jeffrey Clark, a 57-year-old man, allegedly stole a prepaid casino voucher from a woman valued at $859.13. Clark cashed the voucher at the casino and was later apprehended by Pennsylvania State Police.

The prepaid vouchers offered by the online casinos that we prefer are secure and incredibly difficult to steal without cooperation from the owner. Vouchers from offshore casinos are among the best options for the fastest payouts and are much more secure than physical credits given by local gaming houses.

If you do end up finding a gambling voucher that does not belong to you, contact the casino or your local gambling authority and report it to them. As you can see by these most recent examples, crime doesn’t pay.

Gambling vouchers are trackable, and arrests related to thefts are usually resolved within days. Kids, don’t try this at home.

Sources: South China Morning Post, KTNV News ABC Las Vegas, FOX 56 News Wilkes-Barre

The post Recent Uptick In Gambling Voucher-Related Crimes first appeared on Prepaid Gambling Sites.