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Prepaid card betting sites in Arkansas

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Arkansas recently opened itself up to online sports betting. The first Arkansas sports betting sites were launched in March 2022 after lawmakers finalized the rules to regulate these sites. In light of this, bettors in Arkansas may want to know about the methods of payment that are available to them. This article reviews the prepaid card betting sites Arkansas offers. Read on to learn more.

What is a Prepaid card?

Sometimes called a prepaid debit card or a stored value card, a prepaid card is one that you can use to make payments or buy things on or offline. To get it, you apply for the card and then load it with money in advance, or you buy a card with a set amount preloaded. Then you can use the card to make payments worth that amount. Prepaid cards are sold at various retail stores and online shops such as Walmart or Amazon. The cards resemble debit cards and most have the Visa or Mastercard logo.

Some AR sportsbooks have their own prepaid cards. To get one, you just have to visit the Prepaid card betting site Arkansas and sign up for their prepaid card. The card will be delivered in your mail a couple of days later. Using these Prepaid cards means that you do not need to have a credit check or a bank account.

Prepaid cards have expiration dates. Although the funds on the card cannot expire, you will need to get another card before the old one expires. Your card will also stop working if you have spent all the loaded money. For some cards, you can just load them with more money. Meanwhile, there are those that you have to get a new card.

How to make a deposit with a Prepaid card at an AR betting site

Before making a deposit at your favorite Arkansas sports betting site, you must make sure your prepaid card has been loaded with funds. Also, the name and address details attached to the card and those of your sportsbook account must match exactly. If this is not the case, then your request may be declined.

Prepaid cards also have transaction limits and fees based on who the provider of the card is. You should take note of these charges before making your deposit. Once you have your card ready, the next step is to visit an AR betting site. Most online sportsbooks accept prepaid Visa, prepaid MasterCard, and prepaid cards from sportsbooks. To make life easy for you, here is a step-by-step guide to making a deposit with a Prepaid card:

  1. Find a sports book accepting Arkansas prepaid cards. Sadly, not all AR betting sites allow you to make payments using a prepaid card. Check out our list of the best Prepaid card gambling sites in Arkansas and choose the one that accepts your preferred prepaid card.
  2. Create an account. You cannot access any sportsbook in Arkansas without creating an account. Usually, there is a register or sign-up button at the top of your screen. Click on the button and the website will redirect you to the registration page. Fill in all the required fields, making sure your personal information is accurate, agree to the terms and conditions then click on register. Always go through the terms and conditions to understand the rules of the sportsbook.
  3. Use a prepaid card to make a deposit. Head to the banking or cashier section of the sportsbook. If the betting site accepts prepaid cards, then these options will be available on the list of payment methods. Select your prepaid card from the options and enter the amount you wish to deposit. Afterward, enter the card number and click on deposit.
  4. You can begin betting after the payment has been confirmed. The betting site will complete or confirm the transaction within minutes. After confirmation, you can start placing your bets in the sportsbook.

Can I use a Prepaid card to withdraw money from an AR sportsbook?

No. You cannot use prepaid cards to make a withdrawal at an AR sportsbook. This is because unlike other methods of payment, prepaid cards are not connected to a bank account. Without the link to a bank account, there is nowhere to deposit your money if you withdraw with a prepaid card. Instead, you will need to choose an alternative method of payment when making a withdrawal. Always check if the sportsbook allows you to use another method of payment. This is because there are some sportsbooks that require you to deposit and withdraw with the same method. In this case, the sportsbook may not accept prepaid cards as a deposit method anyway.

Pros and Cons with Prepaid Card at Arkansas sports betting sites

The prepaid card betting sites Arkansas offers are popular among bettors for various reasons. One of these reasons is that Prepaid cards are easy to get. Also, this payment method provides fast transactions since the cards are not connected to a bank. Bank transactions tend to be slower because of the verification and approval processes. However, Prepaid cards are not foolproof. They also have a few downsides such as high fees and low deposit limits. These features make them less attractive to some bettors.

Below is a list of the pros and cons of using prepaid cards at Arkansas betting sites.

  • Keep your banking details private
  • Useful for turning cash into digital funds
  • Easy to use

Cons

  • High fees
  • Low deposit limits
  • It takes some time to make a deposit.

The best alternatives to Prepaid cards at online gambling sites in Arkansas

If you do not want to limit yourself to the prepaid card betting sites Arkansas offers then you can also explore other payment options. You may find that your favorite sportsbook does not accept Prepaid cards but supports other types of payments. Learning more about these alternatives will help you choose which method of payment – and which sportsbook – suits you best.

We have compiled a list of some of the top alternatives to Prepaid cards at betting sites in Arkansas:

  • Discover Card. This is a type of debit card. Compared to Amex and Visa, Discover is less popular around the globe but is popular in many states in the US. It is also linked to the Play+ payment method. In fact, the Discover card is preferred by some bettors for two main reasons. First, it offers a great opportunity for gamblers to earn cashback on their card. Also, some sportsbooks in Arkansas offer new users deposit bonuses if they use the Discover card. However, sportsbooks may charge a fee for using this card.
  • American Express. Amex is a very popular and trusted payment method at betting sites in Arkansas. There are a variety of card options available, including the standard Green Card and Opulent Centurion Card among others. You can use it to make deposits at your favorite sportsbooks. Sadly, betting sites in Arkansas do not allow withdrawals through the Amex card. Amex has favorable deposit limits for bettors, but, if you are not careful, you could overspend. The card also allows bettors to earn Amex points. Sportsbooks may also allow you to use the card directly over the phone.
  • Venmo. Originally developed as a friends and family social payment option, Venmo is an American mobile payment service owned by PayPal. Venmo debit cards operate on the MasterCard network. You can apply for the card on the Venmo app. The Venmo card is linked to your bank account. Also, there are no charges for depositing money into your betting account using Venmo. With this method, you can withdraw and deposit at sportsbooks in Arkansas that accept Venmo.
  • Trustly. This method is also a good alternative. Bettors can enjoy instant withdrawals and deposits using Trustly. There are no cards, downloads or registrations required. It is also a safe and secure method of payment. This online wallet is linked to your bank account. Bookmakers also offer welcome bonuses for those bettors who use Trustly to make deposits.

FAQ

How much can I deposit with a Prepaid card at an AR betting site?

This depends on the type of Prepaid card that you have. It also depends on the maximum deposit limits of the betting site. However, it should be remembered that most Prepaid cards have low maximum account limits.

What are the fees for using a Prepaid card for payments in Arkansas?

Most sportsbooks do not charge a fee for making a deposit using a Prepaid card. Whether or not there are deposit charges depends on the type of prepaid card that you have. However, Prepaid cards themselves do often have a number of fees in place. You may have to pay fees for activating the card, adding money from a bank account, and for making a deposit. It is always wise to check all the items and conditions before choosing your Prepaid card.

Can I get betting bonuses when using a Prepaid card at sportsbooks in AR?

Yes. There are some betting sites in Arkansas that offer you deposit bonuses if you use prepaid cards. Check out our list right here. This perk does mainly apply to sportsbooks that have their own branded cards.