MuchBetter Casinos - Safe Deposit

With the brand having been created specifically for online gambling, one would easily assume that it works seamlessly within live casinos. And they would actually be perfectly right since depositing with MuchBetter at a live casino is a straightforward process. It involves two major simple steps, including funding the MuchBetter wallets and transferring the money into the player's casino account.

Funding MuchBetter Wallet

Before depositing into a live casino account, players must first load their MuchBetter wallet. As of 2022, the minimum amount players can deposit into their wallets is £10. The transaction can be completed via bank transfer, debit or credit cards (VISA, Mastercard, or Amex), or cryptocurrency (Bitcoin, Ethereum, etc.). Topping up with a debit or credit card will require the user to provide their first and last names, the card number, and CVV security code. Once that is done, they can select the expiry date and complete the process.

After an initial top-up, the user will be required to verify their identity by entering a 4-digit code. Failure to verify the card limits the user to a maximum of £50. If one uses Bitcoin to fund their wallet, the provider will create an invoice with a Bitcoin address. The funds will be converted into fiat money, and one can use it to play live games.

Depositing into a Live Casino Account

Players can deposit into their Much Better casinos by going to the banking page and selecting MuchBetter. Here, they can enter the amount they want to deposit. Typically, the limits range from €10 to a few thousand euros, depending on the casino. After selecting the amount, the player will be redirected to their MuchBetter account, where they may log in and complete the transfer. The deposit should be available in the casino account instantly.

MuchBetter Fees

Much Better live casino players can transfer money to their accounts free of charge. However, topping up via Bitcoin attracts a 2% in fees, while Mastercard and Visa come with zero to 5%. When using the MuchBetter card to withdraw cash from an ATM, a 0.99% fee is paid. Non-SEPA bank transfers cost £50, while withdrawals via UK faster bank transfer and SEPA bank transfer charge 2 to 2.5%.

Currency

There is a currency conversion fee of 0.99 percent, so it is vital for players to use the correct currency. Unfortunately, MuchBetter only accepts US dollars, euros, and British pounds sterling, at the moment. The good news is that most live casinos from top software providers support at least one of these currencies, so players should be able to avoid currency conversion charges in most cases.

As mentioned earlier, MuchBetter is regulated and licensed as an electronic money institution by the UK Financial Conduct Authority (FCA). It is also a member of the Electronic Money Association (EMA), a European trade body for electronic money issuers. To secure players' sensitive information and money, the provider has put a number of security measures in place. Each MuchBetter account is entirely protected with a combination of touch ID, a transaction review system, dynamic security codes, and device pairing.

MuchBetter Account is Linked to User's Mobile

Every MuchBetter account is linked to the owner's mobile number. Using one's phone number to log into their account makes the system almost hack-proof. The account is connected to the mobile device, and funds cannot be transferred until this device receives a verification message. A passcode must be entered to log in, and users who want to add a new device must provide an activation code. At their own wish, users can choose to use touchID instead of a passcode.

MuchBetter users can do more to their account to make the security even more watertight, including using more complex passcodes, keeping their mobile devices locked, and closing their MuchBetter app once they have used it. Enabling a shorter automatic screen lock period can also add an extra layer of security.