MuchBetter Betting Sites & Sportsbooks Canada 2024

MuchBetter has become a popular e-wallet app in Canada for the purposes of moving money between your base funding sources, like a bank or card, to online gambling providers. MuchBetter works for deposits & withdrawals. If you are already set up on MuchBetter and just want to know the most reputable sportsbooks for Canada that support MuchBetter, we have them listed below, along with their overall SNBET sportsbook rank, new customer offer and links to our respective Canadian sportsbook reviews. You can also navigate directly to our MuchBetter FAQ section to learn more about their online ratings, available base funding methods, supported cryptocurrencies, fees & more, to see if it might be right for you as an e-wallet solution. We've also included the available new player casino offers from these same brands.

What is MuchBetter?

MuchBetter is a mobile e-wallet app, available on both Android and iOS. People in Canada may move funds into the MuchBetter app, from credit cards or from bank accounts via Interac or debit cards, and then use MuchBetter to send Canadian Dollars to online gambling providers that support it as a payment method.  MuchBetter is good for both deposits and withdrawals at supporting betting and casino sites.  It is not just for deposits, like some other popular payment methods. 

Does bet365 accept MuchBetter in Canada?

No, bet365 does not support MuchBetter for sportsbook or casino payments in Canada. Of our overall recomended sportsbooks for Canada, neither does BetVictor or Sports Interaction. The top online sportsbooks for Canada that support MuchBetter are Betway, Betsafe, Betsson, Unibet and ComeOn! as shown above.

What payment methods can fund a MuchBetter account in Canada?

You may fund your MuchBetter account from Canada with credit cards, debit cards, Interac, Flexepin (a prepaid solution) or any of several cryptocurrencies, which we touch on below.

Why might you choose MuchBetter over Interac or other payment methods?

As you will read below, MuchBetter does tend to charge relatively high fees as compared to Interac, debit cards and other bank transfer services like Instadebit or iDebit.  Thus, if you are going to use your chosen gaming payment method for amounts around $5,000 to $10,000 or less per transaction, you are probably better-served with these other options, and the operators that support them. 

For example, with a $3,000 Interac deposit into your MuchBetter account, MuchBetter will charge 3.5%, which is $105, plus your nominal bank fee for the Interac payment. If you simply deposited via Interac directly to your betting account, your bank would probably charge you $1 or $2 for their nominal fee - that's a huge difference. (All our recommended operators support Interac payments.)

However, once you get above this size of transaction, into the tens of thousandsof dollars per deposit or withdrawal, MuchBetter can facilitate these large transactions quickly and securely for fully verified, VIP-level players, whereas these other methods may not, depending on your sportsbook's payment limits. 

Is MuchBetter a trustworthy sportsbook payment option from Canada?

We take a neutral stance on use of the MuchBetter e-wallet-app. We neither recommend or warn against the MuchBetter app itself.  The reality is that MuchBetter is now supported at many of the most reputable online gaming providers in the world. If they trust them to facilitate payments, we think it's fair to say that Canadian players should feel comfortable also. 

In the end, MuchBetter is regulated by the UK Financial Conduct Authority (FCA) License No.: 900704 and serves customers in Europe and South America in addition to Canada. This regulatory body is the one where customers may file complaints against its license holders.

What about the negative MuchBetter reviews? Are they really safe?

You will mainly find positive reviews within the app store itself, or within other online review resources. The iOS app store average rating was 4.7 out of 5 at the time of writing.  While you will find negative reviews there, like you will about any app, many of reviews that we found seem to be written by people that refused to verify their identify. 

As a financial tool that facilitates the movement of money, Anti-money laundering rules are in place for MuchBetter to follow, as required by their regulators.  Many people simply don't understand or like the fact that they will need to verify their identity in order to fully use the service, leading to negative reviews.

Account verification comes through submitting copies of your identification documents, like a passport and a utility bill or invoice that uses the same address as found on your ID. If you do not wish to submit to this, you too will have a problem getting money back out of MuchBetter.

Furthermore, note that the name and information on your betting or casino operator player account should match the details as provided and confirmed with MuchBetter. Any divergence in the details provided can lead to problems and delays in any transactions.

Does MuchBetter accept cryptocurrencies? If so, which ones?

Yes. MuchBetter allows for funding in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), Ripple (XRP), BCH, USDC, DAI and XLM. Note however, that if you pay into your MuchBetter account in these cryptocurrencies, they would then be converted to Canadian Dollars before they can be forwarded to our recommended sportsbook & casino brands, as all our recommended brands deal with player accounts in CAD and other FIAT currencies.  They do not provide betting balances directly in BTC or other crypto.

Can you use your MuchBetter account to fund a friend's player account?

No. This isn't just a MuchBetter issue. No one is allowed to fund an account that is not in their own name, and withdrawals must be made to an account or paid in the name of the person on the betting account.  No cross-funding is allowed.  The same applies to MuchBetter. If you attempt to cross-fund accounts, it will only lead to problems. To keep your player account in good standing, no matter your operator brand of choice, be sure that all connected funding sources or accounts are in your name.

Does MuchBetter charge fees? If so what are they?

Yes. MuchBetter charges a percentage of whatever you pay into your account. For withdrawals, they tend to charge a nominal, flat dollar amount, though for crypto, they charge a percentage in both directions. They also of course charge for currency exchange, but since all our recommended brands support CAD accounts, you should never need to pay a fee for this.  Only online poker players in Canada would need to do this, since all online poker games tend to be denominated in USD, GBP or EUR.

At the time of writing, these are the MuchBetter fees for Canada:

Is MuchBetter good for large transactions for VIPs?

Yes. This is actually where MuchBetter probably stands out. If you are just depositing a modest amount, say $2,500 or less, there are other, more economical ways to pay into your sportsbook or casino account. For example, fees for Interac payments from your bank would almost never exceed $1 or $2, depending on your plan. As you can see above, MuchBetter fees are higher than this.

However, Interac for example tends to have lower maximum transaction levels, whereas MuchBetter can facilitate transactions as high as $60,000 to and from various online sportsbook brands. Thus, despite higher fees, for VIPs with fully verified accounts, MuchBetter could very well be your preferred payment method due to higher limits and the speed and security of their transactions.

MuchBetter Online Casino Bonuses for Canada

All of the sportsbook brands that we recommend that support MuchBetter payments, also have excellent online and live dealer casino gaming options for you.  Navigate directly to the casino reviews and bonus offers for these MuchBetter supporting brands here: Betsafe, Betway, Casumo, ComeOn!, Guts, Rizk, JackpotCity and Spin Casino. When you start at any gambling site, new player offers are one per customer, sport or casino, not both. So choose whichever suits you best.

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