A prepaid card is an extra step removed from your bank account or credit card and has no overdraft capability, which will make you think twice when topping up your sportsbook account. Using a prepaid card is also a great way to manage your bankroll and gamble responsibly. Some prepaid cards, such as the Play+ card available at FanDuel, DraftKings, BetMGM, and other top online sportsbooks, can be used to withdraw funds from your sportsbook account as well as make deposits – another benefit you wouldn’t get with a conventional credit card. Most prepaid cards have no monthly fees and no minimum account balance.
Once purchased, you can typically add funds to your card online or reload it at participating retailers. Plus, most prepaid cards have no monthly fees and no minimum account balance. Many bettors also appreciate that prepaid cards do not require a credit check or line of credit. Using a prepaid card effectively allows you to keep your personal information private.
Your banking and credit information aren’t connected to a prepaid card, so this info can’t be transmitted to merchants either.
The primary benefit of using a prepaid credit card over your actual credit card or debit card is an extra layer of security when betting online. Why Use a Prepaid Card for Online Gambling?