Betting with American Express comes with lots of benefits and privileges. And how could it not? I mean, this company has been around since its founding in 1850 and is in the elite club that makes up the 30 components of the Dow Industrial Average.
But it is not all sunshine and rainbows. We will provide a full Amex review; the good, the bad, and we will recommend some betting websites that accept American Express.
American Express will not be the best deposit method for everyone. But after reading this you will have lots of information to make that decision. And some great online sportsbooks that accept American Express to choose from.
American Express Betting Sites
We have found plenty of American Express betting sites amongst our recommended sportsbooks. American Express is widely accepted.
However, in our American Express review, we found that fewer sites accepted Amex as compared to the other major credit card companies.
Here are the best ones, and some key details about what online American Express betting would be like at the different sites.
AmEx Gambling at BetOnline
BetOnline specializes in fast payouts and convenience in a sleek design. When you gamble here with American Express, BetOnline covers you on the transaction fees. You can deposit any amount between $25 and $500.
You will have no problem taking advantage of all of Betonline’s great offers. Check them out at our full review of this sportsbook.
AmEx Gambling at GT Bets
AmEx gambling with GT Bets is great. They cover your transaction fees on the domestic currency, and they have a very high deposit limit. You can deposit anywhere between $35 and $999. Not bad, not bad at all.
Sign up today and take advantage of their welcome bonus, not once, but twice!
Amex Gambling at WagerWeb
WagerWeb accepts American Express. After two credit card deposits, you will have to fill out further authentication documents. This is part of KYC (Know your customer) protocols.
WagerWeb does charge fees for credit card transactions. This is in function of how much deposit. This is a major disadvantage of this payment method at this sports betting site.
Amex Gambling at 5Dimes
5Dimes has a stripped-down design. It looks older but remains quite navigable. In fact, its simplicity does not detract, but rather makes it easy to use. It does not lack anything that the other sportsbooks offer.
5Dimes covers your fees on American Express deposits. They are processed 24 hours a day, seven days a week.
Amex Gambling at Sportsbetting.ag
Sportsbetting.ag is one of the most experienced American Express online betting sites. It has been up and running since 1997. Its experience lands it in our list of top sportsbooks.
They accept American Express for deposits and withdrawals. The deposit limits are a minimum of %50 and a maximum of $2,500.
Amex Gambling at BetNow
BetNow is great for offering three welcome bonuses. What we do not like is that it is difficult to navigate. It takes a while to find what we are looking for.
In order to make a credit card deposit here, you will need to send in documentation to validate your account with proof of address.
Benefits of American Express Sports Betting
So many of us already have American Express, so you are likely wondering: is this the deposit method for me? American Express sports betting comes with many benefits. Let’s go through the big ones one at a time.
We all have heard of this big company. They have great security and a recognized name that lends legitimacy.
This company has been around forever and is one of the biggest corporations in the world. It is not going away any time soon. You know that, and the sportsbooks know that. This creates stability.
It also leads to our next key point.
There is no shortage of sports betting sites that accept American Express.
It is a common payment method, and if you have already decided to use this as your primary deposit method, you will be able to have multiple accounts. It is no problem.
American Express is great for those who get approved to have it. They offer great cashback and other types of rewards. This, of course, means that the merchants are charged a little bit more.
Money does not just come from nowhere.
Disadvantages of American Express Sports Betting
American Express is great, but it is not perfect. Let’s talk about some of the disadvantages of American Express Sports Betting.
Fewer Sports Betting Sites
While it is widely accepted, it is less so than other credit cards. This is because they charge higher rates.
So merchants are less excited about accepting this card. They have to pay roughly 1% more than with other cards.