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Not only that, but there are many advantages, bonuses, and rewards associated with this card, such as no annual fee (for the standard card) and a matched deposit when it is used on the best betting sites that accept American Express. And the rewards don’t end there! When you are playing online betting sites with American Express, you can also earn real-world rewards too, such as discounts on flights, car rentals, and even hotels. Now that’s handy!
- About American Express- Why is it a wise choice?
- How to use American Express for betting
- Can you use American Express to place bets in the USA?
- The best online betting sites that accept American Express
- American Express betting bonuses
- Conclusion: Finding good sportsbooks that accept American Express
- American Express betting: Frequently asked questions
About American Express- Why is it a wise choice?
So, what makes online sports betting with American Express a good idea?
It is accepted globally, so wherever you are (or wherever the site you are placing your bet on is) it will probably be accepted! It offers 24/7 protection and customer service, with a security system that is really second to none.
If you choose to use the card online for a foreign transaction, then you may be able to waive fees. Something we have to mention is that it does charge a higher general fee.
How to start betting with American Express?
Everything You Need To Know In 5 Easy Steps!
Register, create a American Express account and add some money.
Log in to your sports betting account and register the payment method
Go to the cashier/payments page and select American Express
Enter the total amount of funds that you wish to deposit and click on the deposit button.
Confirm that the funds have been added to your balance at the sportsbook and continue betting.
How Does AmEx work?
You can still utilize online sports betting with American Express via an online e-wallet, like PayPal or Skrill, but this may incur a fee depending on the American Express card that you have.
If you fund an e-wallet with American Express, we found that the fees you may be charged were in line with other credit cards, usually about 1.9%. It is always worth checking the betting site that you are placing your bet with regarding the use of AmEx, as some will not allow you to use it to fund any e-wallets. Check before you bet!
American Express App; use it on the go!
With a well-known name like AmEx, there is a mobile app that you can simply visit the app store and download it when you receive your card!
It offers the basic necessities such as account monitoring and faster payments, there are many other functions it can offer users.
There is a secure Login option, using a fingerprint or facial recognition to secure your account; no worries about your password being stolen! The app also offers you reward points and has a section where you can browse AmEx offers.
Costs and Fees - does it pay to use AmEx?
For this section on costs, we will be focusing on the standard American Express card.
- As touched upon earlier, this card does carry some fees; if you withdraw cash from your account, you will be charged; the fee is dependent on your limit and the amount withdrawn.
- There is a conversion fee, covering the amount converted to GBP. And like all credit cards, there is a late payment fee and an additional statement fee.
- Depending on the card you have, you may also be charged for rewards, features, and benefits annually.
How to use American Express for betting
If you are located in the USA, you can use your American Express for sports betting, all you have to do is either link the card directly to your sportsbook account or support an e-wallet using your card. Be aware, there may be few sportsbooks that accept American Express in your state, so always check before you bet.
Since 2020, there has been a ban in many European countries pertaining to the use of credit cards for betting and gambling.
How do you set up an American Express card for sports betting?
Opening an American Express Account
Once your card has arrived and you have all the information, such as your account number and account limit, all you have to do is register American Express for sports betting online. If your chosen website doesn’t support American Express for sports betting, you can link it through an e-wallet like PayPal.
Click on the cashier tab in the lobby on the sportsbook with American Express, and enter the 16 digit card number and the expiration date. Enter the amount you want to deposit and the funds will be credited to your account.
Depositing to your sportsbook account
It is fairly easy to deposit from your American Express for sports betting with many sportsbooks that accept American Express based in the US, but before you attempt to do so, you must check that the site supports payment with this card.
- If you are based in the US, to deposit with your AmEx card, simply go to the depositing page and select ‘American Express’ as the method of payment.
- Enter the 16 digit card number, your date of birth, click ‘Accept’, and voila!
- You can now use your American Express for sports betting alongside other betting types!
Withdrawing from your sportsbook account
Regardless of the state that you are in, the majority of sportsbooks will not support or authorize withdrawing to a sportsbook/ American Express card pairing. When it comes to withdrawing your winnings, you will need to link an e-wallet, debit card, or another credit card to your online sportsbook/American Express account.
Why? The majority of US sportsbooks do not support an American Express withdrawal due to UIGEA and excessive exposure. So, while linking your American Express for sports betting online, you also have to link a second suitable card or account.
Can you use American Express to place bets in the USA?
As you may have gathered, it is easier to place bets and sign up with American Express for betting sites if you are based in the USA. So, to answer the title of this section, yes, you can use your American Express card on betting sites in the USA.
Many US sportsbooks will offer you high deposit limits if you are using an American Express card; some online sportsbooks have even been seen to let their site users deposit up to $25,000 per day using this card.
And, when you use American Express on betting sites, you are able to earn AmEx points and can even get favorable rates on flights, car rental, and hotels if and when you choose to travel.
But it isn't all good news and as is the way with using a credit card online, there are certain things to keep an eye out for.
It is hard to overlook the higher rates that AmEx charges for things like cash advances. And while the standard American Express Card offers no annual fee, this may not apply to other cards in the AmEx family, so keep an eye out for the fine print in your credit card contract!
While standard American Express and betting sites often go hand in hand, this is not the case across all of the cards; be sure that the card you use is applicable to the site you are using.
The best online betting sites that accept American Express
Who are the best US sportsbooks that accept an American Express card? There are a few but for this review, we focus on the more well-known names. As one of the most well-known sportsbooks, Caesars supports American Express on its betting sites, so does BetMGM and even Borgata will allow American Express for its betting sites. You can use other online sportsbooks with American Express, but you may incur a wider range of fees and charges.
American Express betting bonuses
It seems that if you use your American Express on betting sites card for the best betting sites that accept American Express, you will receive a bonus.
These sportsbook bonuses will vary depending on the site, but we found that using American Express on betting sites usually results in an initial matched bet at a bare minimum. For Caesars, it seems that when you make a deposit using this credit card, it will be matched up to $1000 if your first qualifying bet is not successful. And for BetMGM, you will get $158 in bonus nets!
You will also be rewarded by the card itself for using it online and will receive bonuses such as AmEx points or reduced costs of flights and car rentals. Remember, these may vary depending on the type of American Express card you have, so always check that your card offers these rewards.
Conclusion: Finding good sportsbooks that accept American Express
Is it worth using an American Express card to place online bets? If you are based in the US, then it is most definitely a card that carries with it some rewards and offers that we have found tough to top with other cards. And, obviously, it has 24/7 support so should you run into any issues while using it, you will be able to get help immediately.
While there are some restrictions in relation to credit cards and online betting, there are some clever ways around it using e-wallets.
If you have to resort to this method, you potentially lose all of the benefits and offers you would have gotten using it on a site that accepts it outright, so make sure any site you aim to bet on is able to accept your AmEx card to reap all of the associated benefits.
Its fees are fairly straightforward, but this is in relation to a standard AmEx card; if you are using a gold AmEx card, for example, you will need to check the fees and charges before placing a deposit or withdrawing money to place into your sportsbook account.
American Express betting: Frequently asked questions
Are there fees associated with using American Express at online betting sites?
As mentioned before, this will depend on where you are located globally when you place a bet and the fees associated with the site you are betting on. Generally speaking, when it comes to even the best betting sites that accept American Express, there will be fees, especially if you use your card frequently to place bets.
Which online betting sites with American Express payments charge the highest fees? Head over to Oddspedia for a more in-depth review of this card and other online payment options.
Can you deposit using American Express if you don’t have an American Express account?
In a word, no. In order to use your American Express card online to make deposits, you will need to have an open account with the company. Remember, as a giant in the world of debit, credit, and prepayment cards, American Express accounts may vary and so, when you are making an online deposit, it is worth checking for associated fees based on the card type. If you need help with terms relating to this card, head over to Oddspedia for a look at associated charges.
Is American Express a safe way to deposit at betting sites?
We think so! Not only does American Express offer security to all those who use it in the form of smart authentication technology, but it also allows all of its users 24/7 support, should you run into any trouble. And as it is simple to set up an account and to access it via the app, you will never be out of the loop in relation to any monthly fees or charges when it comes to using your American Express card online or when you are using betting sites.[
