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The Best MB Way Betting Sites

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MB Way is a well-known payment solution in Portugal, used by millions for everyday purchases at physical and online stores. However, MB Way has also started gaining traction as an online payment method on betting and gambling sites.

This article will take a closer look at MB Way as a payment solution for sports bettors and answer three key questions every punter who wants to bet with MB Way needs to know, including:

  1. Where to find the best MB Way betting sites?
  2. How to use MB Way for sports betting?
  3. What are the fees and limits for MB Way payments?

List of the Best MB Way Bookies

Finding sportsbooks that accept MB Way isn’t difficult if you live in Portugal since most Portuguese sportsbooks will accept MB Way as a payment option. However, while finding a sportsbook that will take your MB Way deposits is simple, finding a good bookmaker takes a bit more time.

Every successful betting journey starts with a sign-up with a good betting site, which can provide a solid betting experience and have all the features that go with it. But how do you find the best websites for online betting with MB Way? There are a few things we have to check.

Criteria Explanation
Trust only safe betting sites It can’t be overstated how important it is to sign up only with MB Way betting sites with valid gambling licenses are safe and legal. It is the only way to ensure that your money and personal information won’t be exposed to scams.
Reputation is important Their reputation is just as important as looking for sportsbooks with a valid gambling license. Consider checking online reviews of the betting sites to see what other people say, and ensure that you only use betting sites that take MB Way, which have a good reputation and are owned by reputable companies.
Good odds and solid market coverage The best sports betting sites that accept MB Way must be safe. Still, they also have to have competitive betting odds and good market coverage so we can bet on whatever sport or league we want and place bets at competitive prices.
Mobile app availability Nowadays, it’s become mandatory for all good MB Way bookies to have a mobile betting app available since most sports betting is done through mobile devices.
Generous bonuses Even though good bonuses are not as important as quality odds, finding a sportsbook with top sports betting bonuses is advantageous, as those can offer a lot of value to bettors.
Good customer support Consider using only MB Way betting websites with good customer support, as this is the only way to ensure that any issues you might come across while using the bookmaker will be resolved quickly and efficiently.

Make an MB Way Deposit and Claim Your Bonus

All sports betting sites that accept MB Way will have some betting bonuses and promotions available. Still, there’s a huge difference between bookmakers with top sports betting bonuses and sportsbooks whose offers are fairly poor.

The most notable difference is in the offered joining or welcome bonus, which is typically very generous. That’s because the joining bonus’s main purpose is to attract new bettors to the platform, so the better the offer, the more customers a sportsbook can expect.

Welcome bonuses come in many shapes and sizes, but across all MB Way betting sites, the most common is the welcome deposit match bonus. With it, the sportsbook matches your first deposit to a certain percentage and gives out free wagering cash.

If you make a €100 deposit on a sportsbook with a 100% matched deposit bonus, the bookmaker will fund you €200 – your deposit + €100 bonus. It’s a simple bonus on all MB Way sports betting sites, but it has some rules.

All welcome bonuses have a minimum and maximum deposit limit, free wagering cash will always have a rollover requirement, and rules will state which deposit methods count towards the qualifying deposit. MB Way bet deposits are widely accepted as a qualifying deposit method. Hence, those who bet with MB Way only have to pay attention to the minimum/maximum deposit and the rollover requirements.

The same rules apply to all other deposit-related bonuses or any MB Way bonus bet offers enabled with deposits and found on the best betting sites in Portugal, including the reload bonus.

How to Use MB Way for Betting?

MB Way, as a payment method, works very similarly to many other payment solutions and is very similar to a credit card or E-wallet regarding how you fund your betting account. But it comes with one differentiating factor.

You’ll need your phone to execute MB Way money transfers since all transfers must be confirmed with a PIN code sent to your mobile device. That is why it is advantageous to use MB Way betting sites, which have a mobile betting app to make depositing money more convenient.

Alternatively, using MB Way as a payment option on betting sites differs from other payment methods. The only thing those who want to bet with MB Way have to remember is that most MB Way sports betting sites will not accept withdrawals with this payment method.

So either make sure that the sportsbook you want to sign up for has MB Way withdrawals or consider using another payment solution for withdrawals.

What Is MB Way?

MB Way is a multi-bank payment solution owned by MULTIBANCO, a Portuguese interbank network. It offers various transactions, including transferring money between accounts, making online purchases, paying for goods at physical stores, or as an online payment option for sports betting.

Since MB Way works through a mobile app, it’s very convenient, and that’s one of the main reasons why it’s so popular among sports bettors who bet with MB Way. However, while MB Way has everything you need in a solid payment option for sports betting and gambling on an online casino, it’s not as widely accepted as other payment solutions.

Making Deposits with MB Way

Using MB Way to make deposits on sportsbooks that accept MB Way is very straightforward, and it doesn’t take longer than using any other payment method, such as credit cards or e-wallets. But it’s important to note that you must have your phone at hand since all MB Way transactions are only possible with a PIN code, which will be sent through an SMS.

  • Login to the MB Way sports betting site
  • Navigate to the banking tab and click “deposit”
  • Pick MB Way as your preferred payment method
  • Input the desired amount you want to fund your betting account with
  • Confirm the transaction
  • You will receive an SMS with a unique PIN code
  • Input the pin code and complete the transaction

All MB Way deposits are processed instantly; however, this doesn’t necessarily mean that the money will appear in your account without any wait time, as this will entirely depend on the sportsbook you’re using. Whether you’re depositing 22Bet, Betano, Betclic, or any other MB Way betting site, the deposits shouldn’t take longer than a few minutes.

If you experience a long delay, consider contacting the sportsbook’s customer support.

Requesting Withdrawals with MB Way

Even though MB Way is an excellent payment solution, it’s not the best withdrawal option. The issue doesn’t concern long withdrawal time or withdrawal charges but that not many MB Way sports betting sites offer withdrawal with MB Way.

MB Way betting sites that accept requests for MB Way withdrawals have another rule bettors have to follow. MB Way withdrawals aren’t possible without first depositing with the method. It is a fairly common rule that applies to many other payment methods.

Fees and Limits

There are no fees when you fund your betting account on any of the top MB Way bookmakers, and no fees associated with withdrawals – on the sportsbooks that allow cashing out with MB Way.

Moreover, MB Way does not charge fees to open or maintain the account; however, you must deposit at least €100 to activate it. It’s also important to note that the virtual card expires in 12 months, and some fees might be associated with creating another virtual card – as stated in the company’s policy.

MB Way transactions will have some limits; however, this depends on which MB Way betting site you’re using and which bank your MB Way account is connected with.

All bookmakers will set minimum and maximum deposit limits, starting at €1 or €5 for deposits, whereas the upper limits vary significantly. Still, most maximum limits are set in the thousands, so they should not worry about any casual bettors.

Countries Where MB Way Can Be Used for Sports Betting

MB Way is a payment solution owned by MULTIBANCO, a Portuguese interbank network.

Since it works through Portuguese banks, it’s only available for those with a bank account in Portugal. Technically, this doesn’t mean that foreigners are excluded from online betting using MB Way, but practically, this payment method is only used in Portugal.

Accepted Currencies for MB Way

Since MB Way is a Portuguese payment method, it only accepts transfers with Euro.

As of 2023, MB Way doesn’t accept crypto as it doesn’t have a crypto wallet, nor are there any known plans to offer crypto deposits shortly.

MB Way Betting Apps

All deposits with MB Way have to be verified with a PIN code provided to you via an SMS, so those who want to bet with MB Way have to have their phone at hand for all deposits and withdrawals. With that in mind, using MB Way mobile betting apps makes much sense since this makes depositing, withdrawing, and ultimately betting with MB Way more convenient.

Thankfully, most modern sportsbooks in 2023 offer a mobile betting app, yet not all do. Some are content with offering just a mobile betting website, which does its job but is significantly worse than a mobile betting app, which works better and has more features.

Considering how convenient it is to use MB Way to bet on mobile betting apps, it’s no surprise that most MB Way punters are mobile bettors.

MB Way Alternatives for Betting Online

MB Way has very few flaws as a payment method. It offers quick and secure payment solutions, is accepted by most of the best betting sites in Portugal, and can also be used to claim various deposit bonuses. However, it’s not an available payment option for most people since it requires an account with a Portuguese bank.

Thankfully, there are many excellent alternatives for MB Way, which are just as good, if not better, for online deposits.

Skrill and Neteller are the two most obvious alternatives for MB Way. The two E-wallets are highly popular among bettors worldwide due to their fast and safe transactions, which offer anonymity. But most importantly, Skrill and Neteller are accepted by nearly all European bookmakers and other international gambling sites.

Credit/debit card is one of the traditional payment solutions, which isn’t nearly as popular as it used to be, but is still a great method for depositing money on betting sites. Not only is it very safe, but credit cards are also accepted by all betting sites.

Crypto payments are an excellent alternative for any payment method with all the features a bettor would need. They’re completely anonymous, safe, and very fast. The only downside is that some sportsbooks don’t yet accept crypto payments, but even that will change with time once crypto becomes a more popular solution for online money transfers.

How to Stay Safe When Betting with MB Way

MB Way as a payment method is very safe, as it comes with additional security measures that make it much harder for scammers to steal your money or personal information. That includes two-factor authorization and the built-in PIN requirement for all transactions.

However, while MB Way does a fine job keeping its customers safe, we must also do our part in keeping our money and personal data safe.

Use only the best sportsbooks that accept MB Way, which is safe and has a valid gambling license. It ensures that the company behind the bookmaker is legit and follows strict rules set by the licensing body, including implementing measures to keep their customers safe.

Especially for MB Way users, MULTIBANCO issued a guide on keeping themselves safe due to the rise in MB Way scams.

  • Never share any information or follow instructions from strangers or unknown phone numbers/emails instructing you to make or receive payments through MB Way.
  • Never use somebody else’s phone number to set up an MB Way account since that number will be associated with your bank account.
  • Don’t share the PIN of the app with anyone.
  • If contacted to join the MB Way app using a phone number other than your own, end that contact immediately and contact your bank.

New Bookmakers That Accept MB Way

Due to the popularity of MB Way among Portuguese punters, it’s no surprise that the majority of the best Portuguese banks accept MB Way as a valid payment method, and even those who have not had MB Way as a payment option before have quickly caught on and started accepting MB Way payments.

Moreover, all new betting sites that enter Portugal or accept Portuguese punters will likely have MB Way as one of the payment options. That’s great news for anyone who bets with MB Way, but before registering with any new betting site, there are a few things to remember.

As you would before registering with any sportsbook, it’s very important to ensure that the new MB Way betting sites are legit and have a valid betting license. Since the Portuguese online betting market is not fully regulated, it’s easy for non-licensed bookmakers to operate in the country, and those are better left alone for your safety.

A licensed bookmaker doesn’t necessarily provide a solid betting experience, nor does it mean it isn’t fine. The reputation of the sportsbooks is equally as important, so it’s highly advisable to check which company is behind the betting site and what its reputation is.

New betting sites are known to have the best betting bonuses and promotions – especially welcome bonuses to attract new bettors. However, this is not always the case, so checking the sportsbook’s promotions and bonus offers is advantageous before opening an account since some new sites will have very few or no bonuses.

Is It Worth Using MB Way for Betting Online?

MB Way is an excellent payment method with all the features a sports bettor would want. It’s convenient to use, has little to no fees, and is very safe; however, like any other payment solution, MB Way has its pros and cons, which we must address.

  • MB Way is a very safe payment solution owned by MULTIBANCO, a Portuguese interbank network
  • All MB Way transfers are processed instantly
  • MB Way doesn’t have any monthly fees, set-up fees, or integration fees
  • MB Way is only available to those with an account with a Portuguese bank
  • MB Way accepts only transactions with Euro
  • There aren’t many sports betting sites that accept MB Way

MB Way Casinos Online

MB Way is an available payment method for making deposits and sometimes asking for withdrawals on various betting sites that take MB Way. Still, it can also be used on many gambling sites with an online casino.

It is hardly surprising since most of the best betting sites that use MB Way also have an online casino; however, it’s important to note that even websites that exclusively offer casino games and other gambling activities accept MB Way.

Like on betting sites that take MB Way, this method can be used to claim any joining bonus or other deposit bonuses if the gambling site allows it. Although most do, it’s wise to check the terms and conditions of all deposit bonuses before making a deposit and trying to claim the offers.

MB Way Overview

MB Way is everything an online payment solution for sports betting should be, which explains why it’s so popular among Portuguese bettors and online gamblers. This article has covered everything you need to know about this payment method and how to use it for online betting, but before we come to the end, here are some interesting facts about MB Way you might not know about.

  • MB Way can technically be used for sports betting in any country; however, since you need to own an account with a Portuguese bank, it’s only used in Portugal and on Portuguese betting sites.
  • MB Way is a Portuguese payment method and only supports transfers in Euros. There are no plans for MB Way to include other currencies or crypto.
  • MB Way app currently only supports the Portuguese language; however, there are plans to add more languages to the offer.
  • The best MB Way alternatives for online betting are Skrill, Neteller, credit/debit cards, and crypto.
  • The most popular and legal online bookmakers that accept MB Way are Betano, BetClic, 22Bet.

Bottom Line

That concludes our article on MB Way, how to use it for online betting, and where to find the best MB Way bookmakers and online casino sites. Equipped with all that knowledge, you are ready to visit the best MB Way sportsbooks, set up an account, and start betting – but remember to keep track of your spending and never bet with more than you can afford to lose.

Need a bookie that accepts MB Way?

Frequently Asked Questions

  • What is MB Way?
    MB Way is a multi-bank payment solution that allows its users to complete various transactions, including making purchases in physical and online stores or as a deposit method on online betting and gambling sites.
  • How does MB Way work?
    MB Way lets you make payments online through the mobile app or the regular payment card, which works like any credit card such as Visa. You must provide your phone numbers and use the PIN code sent to verify the purchase for online payments.
  • Can I use MB Way for online betting?
    Besides being a payment solution for online purchases, MB Way can also be used as a deposit method on online betting sites.
  • Is MB Way safe?
    MB Way is a safe and secure payment solution owned by MULTIBANCO. This Portuguese interbank network uses top-of-the-line security measures and protocols to protect your money and personal data.
  • Are MB Way Deposits Instant?
    All funds transferred through MB Way are processed instantly to the beneficiary’s account; however, a couple of minutes could delay before the money appears in your betting account.
  • Can I claim withdrawals to MB Way?
    Even though MB Way allows withdrawals, bettors will face restrictions since most MB Way betting sites don’t allow withdrawals through this payment method.
  • What are the fees to withdraw via MB Way?
    MB Way charges fees for all transfers, including withdrawals; however, finding a bookmaker that will accept MB Way withdrawals is very hard.
  • Is there a limit on my MB Way transactions?
    Yes, MB Way has some transaction fees, but those will mostly depend on which bookmaker you’re using. Typically, the minimum limit starts at €1, whereas the upper limits vary drastically between betting sites.
Tim Harrison

Tim is our betting guru. Every gaming site needs one, and Tim’s our guy. He has plenty of experience in betting online and is quite successful at it. Tim’s favorite sports are hockey, baseball, and Esports. Tim believes the latter to be the future of betting.

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