Ontario MuchBetter Sports Betting & Casino Sites 2024

MuchBetter has become a popular e-wallet app in Ontario for the purposes of moving money between your base funding sources, like a bank or card, to legal online gambling providers. MuchBetter works for deposits & withdrawals. If you are already set up on MuchBetter and just want to know the top brands that accept it within the market of legal Ontario sportsbooks, we have them listed below, along with their overall SNBET Ontario rank and links to our respective sportsbook and casino 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.

What is MuchBetter?

MuchBetter is a mobile e-wallet app, available on both Android and iOS. People in Ontario can move funds into the MuchBetter app, from credit cards or from bank accounts via Interac or debit cards or cryptocurrencies, and then use MuchBetter to send CAD to legal Ontario online gambling operators that support it as a payment method.  MuchBetter is good for both deposits and withdrawals at supporting betting and casino sites.  

Does bet365 Ontario accept MuchBetter?

No, bet365 Ontario does not support MuchBetter for sportsbook or casino payments. Of our recomended legal sportsbooks & casinos for Ontario, neither does BetVictor, Unibet nor Sports Interaction. The top online sportsbook and casino that supports MuchBetter is Betway Ontario. Legal Ontario casino-only brands that support MuchBetter include Casumo, ComeOn!, JackpotCity and Spin Casino. Simply scroll up to find all you need to explore these offerings.

What payment methods can fund a MuchBetter e-wallet account in Ontario?

You may fund your MuchBetter account in Ontario with credit cards, debit cards, Interac, Flexepin (a prepaid solution) or any of several cryptocurrencies, which we discuss below.

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

MuchBetter does charge relatively high fees to fund their accounts. If you compare this to simply funding your player account directly via Interac, debit cards and other bank transfer services like Instadebit or iDebit, MuchBetter can be a fairly expensive tool for banking with your online Ontario gambling operator.  If like most players, you are going to use your chosen payment method to deposit amounts of $5,000 to $10,000 or less per transaction, you will probably be better-served with these other options, and the operators that support them. These other options are inexpensive, fast and secure. 

For instance, with a $2,000 Interac deposit into your MuchBetter e-wallet account, MuchBetter would charge a 3.5% fee, which amounts to $70, plus your whatever your bank might charge for the Interac payment. If you simply deposited via Interac directly to your betting account, your only fee would be yout bank's $1 or $2 fee. So in this one example, that's a big fee difference.  Do you really need a middle-man at these levels for the inflated fees?

However, if you are a player that intends to deposit and withdraw much larger amounts because you intend use a larger bankroll and stakes, MuchBetter can facilitate these large transactions quickly and securely for fully verified, VIP players that have submitted all their identity documentation. The other methods mentioned tend to deal in more modest sums, depending on your gambling operators's payment limits. 

Is MuchBetter a trustworthy Ontario gambling site payment option?

We take a neutral stance on the use of MuchBetter's e-wallet-app. We do not recommend it, nor do we warn against its use from Ontario.  MuchBetter is now supported at many of the most reputable online gaming providers in the world, including some within the legal Ontario market. If these operators trust them to facilitate payments, and the AGCO (Ontario's gaming regulator) allows their use as a payments provider, we think it's fair to say that Ontario players should also feel comfortable. 

MuchBetter has some negative app store reviews - what do we see?

If you browse reviews of MuchBetter within the app store or within other online resources, you will mainly find positive reviews. Within the iOS app store itself, the average rating was 4.7 out of 5 stars at the moment of writing.  While you will find negative reviews, like you might about any app, those that we found seem to be written by people that refused to verify their identify and thus had issues withdrawing their funds. 

As an e-wallet that facilitates the movement of money, Anti-money laundering rules are in place that MuchBetter must follow, as set by their regulators.  Many consumers simply do not understand or like the fact that they will need to verify their identity in order to fully use the service, leading to negative reviews. With the rise of somewhat anonymous payments as associated to cryptocurrencies, these sentiments among the public can lead to expectations of anonymity for the use of e-wallets, when in actuality, MuchBetter very much needs to know the identitiy of their customers.

Account verification comes via online submission of your identification documents, like a passport and a utility bill or the like. All documents should have the same postal address for your residence. If you do not wish to submit to these kinds of ID documents, you too will have a problem getting money back out of MuchBetter - so know this going in. You are either comfortable with this or you aren't.

MuchBetter accepts cryptocurrencies, but which ones?

MuchBetter allows for funding of its e-wallet account in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), Ripple (XRP), BCH, USDC, DAI and XLM. When you fund your account, the given crypto will need to be converted into to CAD before funds can be forwarded to our recommended Ontario sportsbook & casino brands, as all our recommended brands offer player accounts CAD. There are no legal Ontario betting or casino sites that offer direct player accounts in cryptocurrencies.

Can your MuchBetter account be used to fund a friend's player account?

No. No one is allowed to fund a player 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 player account.  No cross-funding is allowed, whether it be with MuchBetter, or with any other funding method. If you attempt to cross-fund accounts, it can only lead to negative issues with your player account. To keep your player account in good standing, no matter your online gambling brand of choice, ensure that all connected funding sources or accounts are in your name.

Does MuchBetter charge fees in Ontario? If so what are they?

Yes. MuchBetter charges a percentage of whatever you pay into your account. For withdrawals, they tend to charge a small, flat dollar amount. However, for cryptocurrencies, MuchBetter charges a percentage in both directions. They also of course integrate a fee into their currency exchange. This will only come into play for you on the crypto end, since your other payment methods and player account should all be in CAD.

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

Is MuchBetter good for large transactions & high stakes players?

Yes. This is actually where MuchBetter probably shines brightest. If dealing in relatively modest amounts, say $3,000 or less per deposit, there are other, far more inexpensive ways to move funds in or out of your Ontario online gambling account. Visa or Mastercard debit card deposits, Interac, iDebit and Instadebit generally can faciliate deposits for fees raning from zero dollars to two dollars. As we outline above, MuchBetter has fees that are higher than this.

However, most of these other transfer or debit methods tend to have lower maximum transaction limits, 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.

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