If you’re looking for a safe, reliable way to top up your betting account, you need look no further than American Express. American Express is one of the leading monetary institutions both in America and around the world.
American Express cards are used by everyone including businesses, shoppers and online service customers. There are many benefits and a few negatives of American Express which we will outline in the following article. We’ll also tell you more about the range of online casinos accepting American Express and how you can go about using the payment method.
How to make an American Express payment – easier than ever before
Sports betting has never been easier than when done using one of the American Express betting sites. Let’s run through exactly what you will need to do to complete your transactions.
Register your American Express card with the sportsbook of your choice.
Click on the Cashier tab in the lobby of your sportsbook.
Enter your card number, expiration date and the security code on the back of the card.
Enter the amount you want to deposit. Make sure that it lies within the minimum/maximum deposit limits stated by your American Express bookmaker. These limits will be clearly displayed in the cashier as you are making the transaction.
Hit the submit button to instantly add credit to your account.
When online betting American Express services are used, you pay with direct debit, which is a great way to ensure that you pay all your monthly payment instalments on time as opposed to other bookmaker deposit options. With American Express direct debit, you’ll always have peace of mind knowing when you’ve made a payment.
Average processing time – how quick are AmEx transactions?
Depositing money into your sports betting account with American Express betting sites is instant. This is due to the fact that you are paying with a credit card and this means that both yourself and the people you are paying are protected throughout the transaction by your bank. American Express will cause you far fewer issues with deposits into sports betting accounts than other forms of payment. American Express betting sites will not need to monitor your transactions as closely because when you are depositing into online betting accounts with a credit card, the bank has essentially promised them the money whether you – the client – has the funds for the payment or not. Unlike with debit cards, where your transactions run the risk of being flagged by the bank.
The only problem with American Express is that you will need an alternative way to withdraw your winnings, because most American Express betting sites do not allow withdrawals to American Express cards.
Verifying your online betting American Express account
Verification helps keep you and the people you pay with an American Express card secure. When using your card to top up your Sports betting account, you may need to input your CSC card number for security purposes. You will also have to verify your identity more often when using an American Express card to shop online, in a store with contactless or when you use an online account. You can opt to receive verification codes over email or over mobile. You will need to check the mobile number and email address that you have given American Express is up to date.
Customers can also download the American Express App and enable ‘push notifications’. This will allow SafeKey to work in the background while you make a purchase or deposit money into your account and helps protect you against fraud by ensuring it is really you making the purchase. This is a fairly similar offer to PayByMobile bookmakers. Occasionally when you purchase using your card, you will be asked to enter part of your card pin. Always be very careful with who you are giving your pin to, and never give it to third parties. You will only ever need to give your pin when interacting with American Express directly or when you are shopping.
The history of American Express – close to two centuries of service
American Express was started as an express mail service in Buffalo in 1850. It was founded as a joint-stock corporation by the merger of three already successful companies owned by Henry Wells, John Warren Butterfield and William G. Fargo. At the time, no customers could possibly conceive that the company would become what it is today and find online betting American Express offers. However, Wells and Fargo also started another company in 1852 when Butterfield rejected their proposal to extend American Express’s operations to California. Time marched on and there were plenty of deals that AmEx made along the way. There was one crucial point that established the company as an industry titan.
In 1988, Shearson Lehman acquired the brokerage firm E.F Hutton & Co, and has since been transformed into the American Express that we know today. The service that you can use to top-up your account when using the best betting sites with American Express. With such a long service towards completing customer’s transactions, it is no wonder that many customers opt to use AmEx’s services. When compared with options like Venmo sports betting, there is truly no competition for American Express. They have been on the scene for close to two centuries and it is much easier to put your trust into a company with such a rich history.
American Express compared to other providers – who comes out on top?
Online betting with bookmakers that accept American Express is easy and secure. But how does it compare as a banking method to other options? We have put together this section to take a look.
PaySafeCard is one of the most popular prepaid payment methods within the online gambling scene. A PaySafeCard bookmaker will provide customers with the option to fund their accounts using vouchers with a 16 digit code. This provides a high level of security when you are completing your deposits and many customers opt for the service.
PayPal is a giant of e-wallet solutions. You can fund a single online wallet with dollars from multiple cards and accounts including American Express cards. Which makes it a perfect solution for American Express users who play on sportsbooks that don’t accept AmEx deposits. Once you’ve topped up your PayPal wallet, you can instantly transfer cash directly to your sports betting account.
Skrill is another e-wallet provider that is utilized by online sports bettors. With Skrill you can also deposit from multiple cards (including American Express) into a single virtual wallet which you can use to fund your online gambling. Fees will apply, however.
For even easier deposits, you can choose to go online or through mobile, and select the Skrill 1-Tap option. This saves your Skrill username and password and allows you to transfer money directly to your sportsbook account in seconds.
Visa and Mastercard are good alternatives if for some reason a betting site isn’t one of the American Express betting sites. You can use your debit or credit card to transfer funds to a sportsbook account in an instant. Some financial institutions are still not allowing legal gambling transactions, so always check that what you’re doing is acceptable with your card provider.
Your last option is to use an online bank transfer if you want to avoid using a card. You can make instant deposits using your online banking service, with a fee starting at about $10. This is a very high fee to be paying to have your funds processed immediately but the method provides you with no need to share your credit card details.
Which are the most popular online payment methods?
American Express sports betting is a common and well trusted online payment method for good reason. American Express’s long history has given it a reputation for professionalism and trustworthiness. The service is convenient, easy to use and secure. It is accessible and accepted around most of the world. American Express betting sites care deeply about the security of your finances and aim to protect all their users during each and every transaction.
We do realize that each reader is different and thus American Express may not be for everyone. Other popular online payment methods include Venmo, which is another ewallet service that will provide you with instant transactions. TransferWise which is usually used to transfer your funds to international online services. Apple Pay is also readily available within the online gambling industry and is provided by one of the largest tech companies on the planet. If you are interested in the payment method, you can browse through our Apple Pay betting sites article.
American Express FAQs – some of the most common questions
Is American Express only for online payments?
No, American Express is widely used in physical retail shops around the world and many casinos, both physical and online. American Express provides a way for users to deposit into their player accounts.
Are there online betting American Express tax obligations to worry about?
The taxation of your account will depend on where you are residing. Just as with any bank account, earnings that you put in your American Express account can and will also be taxed if the law requires AmEx to do so.
What does it mean if you get an error message saying “Payment pending”?
Sometimes you will get an error message saying “Payment Pending” when trying to deposit using American Express. This could be because You have not set up your account properly or completely, always make use of our guides here at Betting.net to properly set up your account.
Why is my account restricted?
If a payment was blocked because your account was restricted, then it could be a flaw in the system or that you have missed payments on outstanding debts. Contact American Express online or phone to get help from the friendly and efficient customer service workers. You may also want to check that there are no issues with your online gambling account.
What does it mean if I have no payment source available for fees?
In general, American Express betting sites will not charge fees when you use your credit card or charge card to deposit or withdraw. American Express does, however, charge a fee when you transfer funds, and if you don’t have the money to transfer funds it may be that you are unable to receive funds that have been transferred into your account.
Conclusion – a host of benefits with American Express betting sites
Many online services offer the option for customers to use online betting American Express options as their main way of financing their accounts. This is because American Express is secure, instantaneous, and easy to use. Whether you’re paying bills or making online purchases, American Express is there to make your transactions as easy as possible. American Express has a rich history and has been a forerunner in the securities industry for years. You can customize your payback plan with American Express to ensure minimum stress for yourself when you pay your money back at the end of each month.
American Express betting sites FAQ
🏇 Are there any providers of American Express sports betting?
If you are a fan of online sports betting, you will need to find a bookmaker that supports your preferred payment method. If that is American Express, you will find that operators specifically say on their websites that they are online betting sites that accept American Express. You can check whether a casino or sportsbooks accepts American Express by browsing through some of our reviews here at Betting.net. Our team of experts have detailed all of the methods and how to go about using them. You will also find a complete list of AmEx betting sites.
⚽ How can I make a deposit with bookmakers that accept American Express?
Whenever you want to place a wager with an online sportsbook you will need to consider what payment methods they have available. These methods will be used for both withdrawals and deposits throughout your online career. There are plenty of options usually and we have reviewed most of them on our page here at Betting.net. You will find a detailed list of all the service providers who offer coverage for American Express and we will also run through exactly how you can go about using the service. Head to our site now to find out more.
🏆 What are the best betting sites with American Express?
If you are in search of an online betting American Express service, you will likely be after the best. Our team of experts here at Betting.net have reviewed each of their offers and detailed their findings on our page. If you want to use the service and get your account up and running, you will have to go through all of the information that is made available here. We also provide access to our detailed reviews for any customers that are interested in taking a closer look at each of the operators. Head to Betting.net for all the information you will need.
🤔 How do I open an account with American Express betting sites?
Once you have found an operator that manages to meet all of your online gambling needs, you will have to open an account before you can enjoy their services. Only a couple of service providers will have a wide variety of payment methods but we have still reviewed them all. You will find that our reviews include an overview of how you can go about opening an account. These steps were completed and described by our resident team of experts. Be sure to have our page open alongside you while you go through all of the necessary steps to open an account.
💭 Can I use online betting American Express services from anywhere?
Depending where you reside in the world, you might find that online services are fairly limited. This is due to the service providers not having the necessary jurisdiction to offer their service in the region you are in. Here at Betting.net, we have a team from all over the world and each of them have confirmed the availability of the services in their region. You will find this information presented in both our reviews and articles. Head to our page now to find out everything you will need to get your online career started with some of the best American Express betting sites.