I have been receiving a lot of questions about using American Express to deposit funds into online sports betting accounts.
Two of our recommended sportsbooks for Canadians are now accepting American Express deposits directly at their sites. It is also possible to fund your account with AmEx at sites that don’t directly accept American Express, but you will need to take an extra step. I will touch on this option below as well.
Sportsbooks Accepting American Express
100% up to $400
- Exclusive to Canadians
- Easy to use deposit options including Interac and Bitcoin
- Wide variety of betting lines
50% up to $1000
- Accepts players worldwide (including Canada)
- Large selection of competitive betting lines
- Takes bets on all major Canadian horse racing tracks
American Express Deposit Guide
Depositing with your AmEx at an online sportsbook that accepts American Express is done the same way as using your AmEx card for any online purchase.
You will have to provide your card number, expiry date, CVV (verification number), and your deposit amount.
After entering this information click ‘Deposit’ and you will be immediately notified if your American Express deposit was accepted.
Other Ways to Deposit with American Express
Two of our three top rated betting sites for Canadians (Sports Interaction and Bet365) do not accept American Express deposits. If you would still like to fund your account at these or other betting sites that don’t accept AmEx there are creative ways to do so.
Your best option for using your American Express card to get money onto a betting site that doesn’t accept AmEx directly is by purchasing a prepaid Visa or MasterCard, or a PaySafeCard voucher at a local store.
Visa or MasterCard Prepaid Cards
You have likely seen Visa and MasterCard prepaid cards in almost every grocery or convenience store in Canada, and these stores will generally accept American Express as payment to purchase the prepaid card.
There are many prepaid cards to choose from. My favourite is the Vanilla MasterCard. I’ve used it at each of our top rated sportsbooks and have never had any trouble with the deposit.
PaySafeCard’s can be purchased at any Canada Post, Canadian Tire or Quickie, as well as many other gas bars or convenience stores across Canada. Both Sports Interaction and Bet365 accept PaySafeCard deposits and you simply need to enter the voucher pin code in order to deposit the vouchers value at the sportsbook. Check out our dedicated PaySafeCard page for more information about this option.
When you deposit via American Express or either of the alternative methods outlined above you will need to withdraw by cheque or bank transfer.
You will also likely have to confirm your identity by providing the sportsbook with a government issued ID (drivers license) and some proof of residence (phone bill, hydro bill, AMEX statement, etc.) before they process the withdrawal.