MTN Bookmakers

Author: Steven D. Thompson

Updated: 25/10/2024 10:26 AM

As one of the top choices for bettors across Africa, MTN bookmakers make it easy to fund your sports betting accounts with just a few taps. Thanks to Mobile Money, MTN's mobile payment service, bettors can complete transactions easily, and benefit from generous offers. In this article, we'll explore the advantages of using this mobile payment option for betting and how to use this convenient service to enhance your betting experience.

Website

https://www.mtn.com/

Company

MTN Group

Payment types

E-Wallets

Deposit

Instant

Withdrawal

Up to 48 hours

Pros

Allows users to make fast and easy transactions
Does not require a bank account
Solid encryption and user authentication technologies provide security
Usually eligible for bonuses at bookies

Cons

One of the deposit methods with limited acceptance at bookmakers
More prone to technical issues compared to other options
Limited geographical scope

Table of Contents

What is MTN and How Does It Work?

Established in 1994, MTN is Africa's largest mobile network operator. The company provides voice, data, fintech, and mobile payment services to 288 million users in 18 markets. Aiming for financial inclusion across the continent, MTN launched Mobile Money (also called MoMo) to allow users to easily send and receive funds. The MoMo app is compatible with both Android and iOS devices, and can easily be used on the go.

Mobile Money is preferred by users across the continent for all types of transactions, including deposits and withdrawals at bookmakers. The process is the same as any other type of transaction: all bettors have to do is access the MoMo mobile app, and link it to their phone number. The operator sends an authorisation code to the user's phone number each time a transaction is initiated. Since MTN Mobile Money employs state-of-the-art security protocols, punters can enjoy fast transactions without having to worry about their sensitive data.

How Do We Find the Best MTN Bookmakers?

Our bookmaker review team at Betpack aims to deliver the best sportsbooks to place bets at to our readers. To do so, we employ a comprehensive review process that involves carefully evaluating several key factors to ensure we recommend only the top-tier options. Here's a closer look at our criteria.

License and Security

We recommend online betting sites that have received licences from reputable authorities, and are well-known for adhering to regulations, since a bookmaker's safety and reliability track record is a crucial factor. This indicates that the bookie operates fairly and promotes responsible gambling practices.

Mobile App

More and more bettors are staring to prefer the convenience of betting on the go. Most well established betting platforms have dedicated mobile applications for both iOS and Android smartphones. We check if the bookmaker has a user-friendly app for punters who prefer to bet on mobile devices.

Betting Offers

Bonus offers and promotions can significantly enhance the betting experience. In order to list the bookies with the best deals, we go through the Promotions section of each bookmaker, and pick the ones that offer free bets and have reasonable wagering requirements.

Customer Support Options

A reliable online betting site should have various channels for bettors to contact customer support. We also check how long the customer care team takes to resolve issues. We expect customer support teams to be quick, efficient, and reliable.

Facts About MTN Betting

The MTN Mobile Payment app provides financial access to millions of users across Africa. It also facilitates instant deposits at bookmakers, allowing punters to place bets quickly and securely. Here are some other important facts about this payment option that yoı should know about.

Deposit and Withdrawal Limits & Speed

Depositing money into your sportsbook account with MoMo is typically instant, allowing you to start betting immediately. However, when it comes to withdrawal speed, this can vary depending on whether you use a MoMo agent or cash-out services at the MTN store. Withdrawals through MoMo agents may take longer compared to MTN stores due to access to cash availability and network connectivity. Deposit and withdrawal limits also depend on the specific type of bookmaker you are placing wagers at. For instance, no limit betting sites are more flexible compared to other types of bookies.

Eligibility for Bonuses

Who does not love free bookie offers? Fortunately, when you deposit money with MTN MoMo, you are likely to be eligible for sportsbook offers. There are generous bonus amounts for the first deposit made through this banking method. These promotions can include, but are not limited to, free bet promotions, a welcome bonus, or enhanced odds. Make sure to read the conditions of each bonus offer, as minimum deposit and wagering requirements need to be met before you can be eligible to withdraw your winnings.

Transaction Fees

Transaction fees for MTN Mobile Money depend on the amount sent and received. While MTN itself has minimal fees for deposits and withdrawals, the sportsbook you are betting at may have certain regulations in place that can impose transaction fees. Make sure to read the T&Cs before you place your bets to know what to expect. Note that the newest betting platforms may have lower transaction fees to attract punters.

The online bookmaker sites that accept MTN Mobile Money payments offer a variety of live sport betting options, virtual sports events, and betting markets. Each bookie offers a unique experience, with some focusing on bonus promotions while others provide enhanced odds. See our top recommendations for MTN betting sites that appeal to your preferences and priorities when it comes to placing wagers.

Category	Bookmaker
Best MTN Bookmaker for Betting Offers	Betway Ghana

How to Use MTN at Bookmakers

Using MTN Mobile Money at bookmaker platforms is a straightforward process. All you have to do is join a reputable bookie, complete the registration process on the MoMo app, and start betting. Here's a more detailed look:

Step 1

Choose a Bookmaker

As the first step of betting with MoMo, you should select a bookmaker that accepth this method. For your convenience, our experts have researched and evaluated a list of reputable sportsbooks that offer this payment option. The betting site will have a registration process that you need to complete before you can start betting.

Step 2

Navigate to the Cashier Section

Once you've picked a bookie to place bets at, you are ready to make your first deposit. Follow the prompts to link your betting account with your MoMo e-wallet. Navigate to the Payments page on the bookmaker's website or mobile app. Select "MTN Mobile Money" as your preferred payment method, follow the prompts and authorise the deposit.

Step 3

Claim Bonus Offers

After the deposit is credited to your bookmaker account, you will become eligible for a welcome bonus offer at the bookie you have chosen. Sportsbooks reward new clients for depositing money with deals such as free bets or cash bonus. Make sure to claim them to boost your winnings.

Step 4

Start Placing Bets

Now that you've topped up your bookmaker account and benefitted from the betting offers available, you can start placing wagers with countless betting options, whether you're into live events like the Premier League or virtual games. Remember to meet the wagering requirements when placing bets.

How to Make MTN Deposits?

Making deposits with a MoMo account is easy and quick. Once you've activated your Mobile Money account and registered with a bookmaker, you simply have to follow the simple steps below to get started.

Log in to your bookmaker account using your username and password.
Look for the "Deposit" or "Cashier" section on the sportsbook's website or mobile app.
Choose MTN Mobile Money as your preferred payment method and enter the amount you want to deposit into your sportsbook account.
The sportsbook will provide you with details such as their MTN MoMo number or send a USSD request.
Dial the code, select "Make Payment" and enter the code provided by the bookmaker and the amount.
Confirm the transaction with your MTN MoMo PIN.
The funds will be instantly credited to your sportsbook account.

How to Make MTN Withdrawals?

When it comes to withdrawing your winnings from a MTN bookmaker, you can either make the withdrawal online using the mobile application, or visit an MTN MoMO agent or use an ATM. Here's how:

Go to the Cashier section of the bookmaker.
Choose MTN Mobile Money as your preferred method for making withdrawals.
Enter your MTN MoMo account details and the amount you wish to cash out.
Enter the code confirmation code sent to you to authorise the request.
Once the transaction is processed, the funds will appear in your MTN MoMo account.
If you prefer, you can submit your withdrawal request in person with a MoMo agent or complete the process at an ATM.

Benefits of Using MTN at Betting Sites

MTN Mobile Money is a great option for bookmaker transactions, especially for people in areas where access to financial services is limited. Let's take a closer look at some of the advantages this payment option offers.

Quick and Easy

Top-notch Security

Low Transaction Fees

Bonus Eligibility

The MoMo mobile app is intuitive and easy to use. You can complete transactions within minutes at the comfort of your home. Instant deposits allow bettors to start placing bets right after signing up.

MTN vs Visa Sportsbooks

As one of the most common banking methods around the world, Visa is an option you're sure to see on the Payment page of most bookies. Well, how do Visa betting sites compare to those accepting MTN? Take a look at our table below for a better understanding of the two methods.

MTN Sportsbooks
Quick deposits and withdrawals
Eligible for bonuses
Not all bookmakers accept MTN
Low transaction fees

Visa Sportsbooks
Withdrawal requests usually take longer to process
Visa deposits qualify for deals
Widespread availability across sportsbooks
Transaction fees may be highe

Alternatives to MTN Bookmakers

Even though MTN Mobile Money is a top choice among bettors for its convenience, it might not be the ideal option for others due to its regional limits. Fortunately, there are diverse payment options you can choose at bookmakers. Here are some alternative methods for deposits and withdrawals.

Payment	Explanation	Withdrawal Time	Deposit Time
Bank Transfer	A popular withdrawal method used to electronically transfer funds between banks.	1-3 days	Instant
Telecel	A quick e-wallet that is quite popular across Africa.	Up to 48 hours	Instant
Bitcoin	Decentralised digital currency that prioritises anonymity and security.	Instant	Instant
Neteller	A popular e-wallet that supports several currencies.	Instant	Instant
Mastercard	Globally accepted and secure traditional banking option that is slower when it comes to withdrawals.	Up to 3 days	Instant

Most Trusted MTN Bookmakers Listed by Betpack

To present you with the top options, our experts reviewed several bookmakers. Our picks stand out for their competitive odds, user-friendly platforms, and attractive bonus offerings.

Bookmaker	Licence
Betway Ghana	Gaming Commission of Ghana

MTN Betting Summary

MTN Mobile Money is a popular method of payment for bettors across Africa. It's quick, secure, and widely accepted, which makes it an ideal choice for new customers and experienced bettors alike. If you're looking for a payment method to start placing bets, this service guarantees smooth financial transactions. However, MTN MoMo operates within a certain region, which does not make it an ideal choice for punters outside Africa.

Frequently Asked Questions

Is It Easy to Use MTN Mobile Money at Bookmakers?

The MTN service provides a quick and easy way to deposit money at online sportsbooks. With a user-friendly interface and compatibility with both Android and iOS devices, it's easy to place bets using your mobile application.

How Long Do MTN Mobile Money Withdrawals Take?

The period to withdraw money can vary depending on the specific bookie that you are using. However, in general, MTN withdrawals take anywhere from a few hours to a full day to process depending on the agent. It's always best to check the individual bookmaker's withdrawal policies for more accurate information.

Is MTN Mobile Money Safe for Betting?

MTN ensures that all transactions are protected, making it a safe option for depositing funds in the gambling industry. The appropriate financial authorities regulate MTN Mobile Money as a secure payment method. It's also crucial that you place bets a properly licensed bookmaker.

Are There Any Hidden MTN Mobile Money Fees?

While MTN Mobile Money itself has minimal fees, bookmakers may charge fees for transactions. It's always recommended to check the specific terms and conditions of the platform you're betting at and the payment options you're using.

Can I Get Bonuses if I Deposit With Mtn Mobile Money at Bookmakers?

Yes, many betting companies offer a welcome bonus when you open a new account and deposit with MTN Mobile Money. This bonus can include a match bonus, free bets, or other promotional bonus offers. However, it's important to read the terms and conditions of each bonus carefully, as wagering requirements may apply.