MuchBetter App and Casinos

MuchBetter Facts
muchbetter-logo
Company: MIR Limited UK Ltd.
Founded in:2017
Headquarters:20 – 22 Wenlock Road, N17GU London
CEO: Israel Rosenthal, Jens Bader
Website:muchbetter.com
Available in:155 countries
Available in Canada: since 2018
E-Mail:support@muchbetter.com
Best MuchBetter Casino:LeoVegas
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One of the payment methods that is increasingly becoming popular at Canadian online casinos is MuchBetter, and is quickly becoming the payment method of choice at mobile casinos.

Billed as a smart payment app and e-wallet, this method for funding your casino account has been around since 2017. Although it took a few years to really catch on, the benefits of banking with MuchBetter have quickly become clear, and MuchBetter is now starting to replace Neteller and PayPal as a preferred online casino banking method.

Thanks to excellent service and reliability, MuchBetter has caught the eye of players and organisations alike, and has since received numerous awards, particularly in the realm of innovation.

While there are numerous highlights we’ll soon point out, its primary advantage over other payment methods is that it was designed for eGaming use first; that is, developed to work with gambling sites. As such, it was all but destined to be an excellent match for our casino funding needs.

MuchBetter Pros and Cons

HitsMisses
  • Really easy to use
  • Designed for eGaming use, i.e. perfect for casino play
  • Designed for mobile
  • Unique rewards program, both from MuchBetter and participating casinos
  • Totally Canadian friendly
  • As a relative newcomer, not all online casinos use MuchBetter (yet)

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A Bit of MuchBetter Background

MuchBetter, based in the UK, was officially launched in 2017. Built on years of experience gleaned from other apps and e-wallet services that came before it, the MuchBetter development team was able to get the nuances right, particularly for the gaming market, which was its original target.

In order to get through the door and create brand strength, MuchBetter did a few smart things right from the get-go. First of all, it built its platform for global transactions, meaning it is inherently compatible with different languages, including French and English for us Canadians, and accepts all sorts of currencies, including $CDN. This is appreciated by both us players as well as the casinos themselves, which enjoy seamless integration on their back-end.

FCA logoMuchBetter is also regulated by the FCA (Financial Conduct Authority) in the UK, which gives an added level of security, and got itself ranked as a trusted EMI (electronic money institution), in addition to employing industry-leading fraud prevention methods to keep customers and the casino safe.

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How Does MuchBetter Work?

MuchBetter is a combination of two things, an app and an e-wallet service. That is, in order to use the e-wallet you must first download the app. This is a bit different than some other e-wallets, which let you create an online account instead.

MuchBetter how it works

If that sounds a bit complicated, we assure you that it’s not. In fact, it’s just the opposite, and in many ways even more convenient than other payment methods. How it works is as simple as this:

Step 1: Download the MuchBetter app

In order to download the app, you can go to the App Store if you are using an iOS device like an iPhone, or Google Play if you are using an Android device. You can get to the app either from the MuchBetter website, or by searching for “MuchBetter” in Google Play or the App Store. Downloading the app, needless to say, is free of charge.

Step 2: Register a MuchBetter account

edit table iconYou can sign up for a MuchBetter account online and then download the app or download the app first and then create your account. Either way, to sign up for MuchBetter you just have to fill in the fields in the short form. Information you will need to provide includes your cell phone number, full name, mailing address, a password, and the currency you would like to use. In other words, the standard information you would expect a reputable banking service to request.

Step 3: Add funds to your MuchBetter account

lots of moneyAfter you have set up your MuchBetter account, you will need to add funds to your e-wallet. This can be done in a number of ways using Interac, Visa, MasterCard, or iDebit amongst others, for your convenience. Once you have money in your e-wallet,  you can instantly begin spending it, just like with your regular wallet,

Step 4: Start banking at your online casino with MuchBetter

MuchBetter App CanadaMany reputable online casinos these days are working with MuchBetter as a payment method, including those we at Casino.Guide recommend to Canadian players. Using MuchBetter at the casino, is exactly like using any other payment method.

Just choose MuchBetter as your payment method at your favourite online casino from the dropdown menu that appears when you go to make your deposit. It’s as simple as that! Once you have chosen the amount and confirmed, the funds are immediately transferred from MuchBetter to the casino cashier so you can begin to gamble away.

When you want to make a withdrawal, rest-assured, everything is equally smooth. That is, you can request a withdrawal direct to MuchBetter and you will see the money back in your e-wallet account – for more on the exact times, keep reading.

By the way, while MuchBetter is primarily considered an e-wallet for the iGaming industry, it can also be used as a general e-wallet for payments while travelling the world, or even peer-to-peer if you need to pay friends back or want to split a bill.

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How Long Does the MuchBetter Payment Process Take?

Once you have set up your MuchBetter account, and transferred money into it accordingly (using any one of the many methods available), you are free to begin using it as an e-wallet immediately.

racingIn terms of the payment process timeframe when using it at an online casino, for deposits, the process is instant. That is, your deposit is processed in real time and the money you deposited is instantly available for wagering purposes.

Technically speaking, MuchBetter casino withdrawals are instant as well. If you see any delay in the transferring of funds to your MuchBetter account, this is due to the casino’s own internal review process, which can take hours to days, depending on the operator’s internal policy. You can see the delay by looking at your withdrawal status. If it says pending, that means MuchBetter is waiting for the casino to release your funds. Once the casino has done so, the money will be transferred to MuchBetter, and you will receive it within minutes.

Why Choose MuchBetter Over Other Payment Methods?

iphone iconThere are a few main reasons why you might opt to use MuchBetter over other payment methods. The first is convenience. As an app, it is super accessible to you at any time and on the go, once downloaded to your mobile device.

Another main reason for choosing MuchBetter is that it was designed to function seamlessly as a mobile wallet. This means that the MuchBetter interface  was all designed to facilitate mobile casino payments with the highest level of security.  MuchBetter also explicitly works with Canadian dollars, which is how we assume you will want to be funding your casino account. Equally important, however, is that many of today’s online casinos accept MuchBetter as a payment method for Canadians, which is no longer the case for Neteller or PayPal for example. As such, MuchBetter makes for a more reliable option for us Canucks. Plus, it has lower service fees compared to most of its e-wallet competitors.

MuchBetter also has some unique elements that other payment services do not. For example, it offers loyalty points to customers with weekly opportunities to win cash prizes. Like any loyalty program, the more active you are, the more points you receive, which increases your odds of winning such a prize.

In addition, because MuchBetter actually partners with many of the big gambling sites, it is also able to offer its customer rewards like extra bonuses or free spins, direct from the casino, which is also a huge perk.

MuchBetter Awards

We’re not the only ones who really like MuchBetter and see a promising future for this e-wallet app. Check out all the official awards MuchBetter has already won to-date.

muchbetter awards

MuchBetter Tips & Tricks

In general, when it comes to payment methods, we like to include tips and tricks in our reviews to help you maximise your use. However, since working with MuchBetter is so clear, there are not a whole lot of workarounds you will need.

  • The one thing that comes to mind is to pay attention to the rewards programs with its weekly draws, and other ways to redeem those points.
  • Also, if you are playing at a casino that does not accept CDN, note that you can easily convert your money on MuchBetter, but currency conversions are charged a fee. Hence if you prefer to avoid a currency charge and if you have say USD to add to your account, you may choose that route instead.
  • One last thing to keep in mind, while casino withdrawals are reasonably quick, if you want to withdraw money from your MuchBetter account back to your bank account it will take 3-5 business days. So if you need the cash quickly, we recommend that you plan accordingly.

Do I Get a Casino Bonus When I Use MuchBetter?

MuchBetter casinosOne of the best things about using MuchBetter as a payment method is that you can uniquely get rewards both from MuchBetter as well as the casino you are playing at. This is especially true if you are consistently using MuchBetter at one particular online casino, as this form of loyalty can garner additional, exclusive rewards you would receive nowhere else including bonus offers and free spins.

Since MuchBetter is still relatively new on the e-wallet scene, it is also worth noting that much like many online casinos, it has a Refer a Friend plan. This program rewards you for bringing friends aboard, which is a nice side perk as well.

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How Secure Is the MuchBetter Service?

On one foot, we will put it this way, MuchBetter is a very secure way to fund your casino account, and bank in general.

ema logoThere are a number of safety and security measures in place that helped us reach this conclusion. For starters, as mentioned above, MuchBetter is regulated by the FCA (Financial Conduct Authority) in the UK and is a trusted EMI (electronic money institution).

It gained this standing by adhering to a number of strict processes which work in combination to secure each account and transaction. These include Touch ID (if you choose to enable it), dynamic security codes, device pairing (ie twinning your account with your phone), and a comprehensive transaction review system.

The MuchBetter website also has a comprehensive FAQ section which is a useful resource to gain a better understanding about the payment method and all its ins and outs. Plus, there is a MuchBetter customer support team behind the brand that guarantees a response to your inquiries within one hour during working hours, and a little longer the rest of the time – just keep there is a time difference between Canada and the UK.

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MuchBetter Fees

much better logoAs far as we have investigated, and we have done a fair bit of research on the matter, online casinos do not charge a fee for banking with your MuchBetter account.

If there are any fees involved in the transaction, they are on the part of MuchBetter. Many transactions are free, though some do have a nominal charge involved. While we have made every effort to keep this chart up-to-date, it is advised to use it only as a reference, since as you know, fees may change.

Type of useFee
Casino depositFree
Casino withdrawalFree
Currency conversion.99%
Funding your MuchBetter account with Visa/MasterCard0-5% (minimum $10)
Funding your MuchBetter account with a bank transferFree (minimum $20)
Funding your MuchBetter account with InteracFree (minimum $20)
Funding your MuchBetter account with most other methods*Free
Withdrawing cash from your MuchBetter account by wire**2%
Withdrawing cash from your MuchBetter account with Interac$4

* In order to see the full list of fees associated with each method used for funding your MuchBetter account, log in to the MuchBetter app, visit the ‘Account’ section of the app and click on ‘Top up Account’.

** For a full list of withdrawal fees, look under the ‘Account’ section in your MuchBetter account, and click on ‘Withdraw’.

The Expert Roundup on MuchBetter Casinos

MuchBetter GamingSometimes, the name of a service is aspirational as much as it is intuitive. In the case of the MuchBetter app and e-wallet service we would have to say that it is both.

While MuchBetter is a relative newcomer to the iGaming space, because it was originally designed for online and mobile gaming use, it answers pretty much all of our needs as online players.

The main advantages are its ease-of-use, quick transactions, higher deposit acceptance rates, and reasonable fees compared to other e-wallet services. We also like that it gives you rewards both for using the service, as well as earning you rewards from your casino of choice.

Although not every online casino uses MuchBetter yet, we are noticing that more and more establishments are adding it to their accepted payment methods. This is especially true for those casinos that want to attract Canadian players, as MuchBetter is quickly becoming a preferred e-wallet service for us, particularly when it comes to online gaming.

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