Revolut Gambling - the future of online casinos?
Important Update: Revolut has advised that following the recent changes in UK gambling laws, British players may no longer use their Revolut cards for online gambling transations.
"The new requirements mean that UK gambling companies cannot accept credit cards or payments made through a "money service business" such as Revolut.
This applies to all non-remote general betting, pool betting and betting intermediary licences, and all remote licences. While many people gamble responsibly using a credit card, the aim of these new regulations is to help protect those most at risk from gambling money they do not have." (Revolut Blog).
To find an alternative payment method, check out our Online Casino Payment Methods article here.
Using Revolut at Online Casinos
Since its launch in 2015, Revolut has earned a reputation for being one of the best digital banking alternatives worldwide, and it's already got 1.6 million customers in the UK alone. Its success derives from the fact that Revolut caters to customers who seek a level of convenience that may not be offered by traditional banking methods. It is now an accepted money transfer method in 130 countries, and prides itself in having saved customers £560 million in fees to date! If you’re into online betting or gambling, and you've been wondering whether there is any online casino accepting Revolut, we've got great news for you: Revolut gambling is already possible at several online casinos and sportsbooks, as we'll be explaining in this article.
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Revolut online casino list (for non UK players)
Since Revolut works with MasterCard and VISA, this means that you can use it to deposit with practically any online casino that accepts these cards. Whether it's a sportsbook site like 1xBET or a live casino such as LeoVegas, using the online MasterCard casino payment option will allow you to enter the details of your Revolut card to make your deposit. And the great thing is, you'll also be able to benefit from additional advantages that are linked to Revolut banking, as we'll explain further down below.
And now, we've prepared a list of top 5 Revolut betting sites and casinos where you can deposit using your Revolut card. We've based our recommendations on these casinos' good reputation for reliability, security, fast payments and the possibility of being able to withdraw from the casino with Revolut.
1. Playzee Casino
+500 Zee Points New players only. Valid for 15 days after 1st deposit. Min Deposit £20. Max Bonus Bet £5. Winnings from spins capped at £50 First 100 Zee spins 10/day. Spins must be used within 24 hours, Funds within 30 days. Bonus funds are separate to Cash funds, and are subject to 35 wagering (bonus + cash). Game weighting restrictions apply.
2. Genesis Casino
3. Unibet casino
4. LeoVegas casino
5. Betsafe casino
Advantages of Revolut casino payments
Using your Revolut account for your online gambling transactions comes with additional advantages compared to just using a debit card on its own. Apart from perks like free ATM withdrawals, travel and device insurance, there are also a couple of advantages which will serve gamblers very well, including:
- Free withdrawals up to a maximum of €200 per month (2% fee applies when the limit is exceeded, although this will be lifted for premium users)
- Budgeting tools that will greatly help you gamble responsibly - it will also be a great way for players to keep the money they intend to gamble separate from other savings, so they can stick to their budget.
- Fast withdrawals within 2 minutes - that's a great advantage considering that debit card withdrawals from online casinos typically take up to 3 working days!
Also, since Revolut has multiple currency options, it will no longer be an issue if the casino you play with only accepts euros, as you will be able to create an account in euros.
How Revolut gambling works
With casinos that accept Mastercard and VISA, there is usually no problem with depositing using your Revolut card. However, there are several casinos that do not accept Mastercard for withdrawals, so if you've got a Revolut Mastercard, this may not be possible. You normally have to check this on each individual website whether it supports an online casino Mastercard withdrawal option. If withdrawals are accepted, there are normally certain procedures which need to be followed, especially where high withdrawals are concerned. The casino will typically ask for ID verification to make sure that you are the holder of that account. This verification procedure may be carried out no matter which payment method you use; for more information we suggest you have a look at our article about document verification here.
Revolut casino FAQs
How does Revolut work?
Revolut is a pre-paid debit card (which can be MasterCard or VISA) which supports currency exchange, cryptocurrency exchange and peer-to-peer payments. Customers can make fast and secure transfers to bank accounts in different countries and use the real exchange rate to save money, buy and exchange Bitcoin, Ether and other cryptocurrencies, send and receive money at the click of a button (by means of the Revolut mobile app) and make various kinds of online purchases.
The Revolut mobile app is currently available for download on Android and iOS devices. After setting the profile, customers can top up their account via debit card or bank transfer, and use their balance to make purchases or transfers (much like other e-wallets). Yet one of the best assets of Revolut is the Revolut Card, a multi-currency card which is accepted by all merchants who accept MasterCard. This card converts the available balance into the local currency automatically, making it ideal for travelling, since no matter where you are in the world, there are will be ATM fees.
How can I see if an online casino accepts Revolut?
You will not find the Revolut logo on the website of an online casino, as you would for other payment methods. However, if the casino accepts VISA or Mastercard, you can make the payment using your Revolut Card. The online casino Mastercard or VISA logos should be visible at the bottom of any casino homepage to indicate that it accepts these payment methods. With regard to Revolut casino withdrawals, earlier this year Revolut took a stance against certain online bookmakers like Bet365 and ceased to offer support. The possibility of online casino Revolut withdrawals seems to be dependent on which betting sites Revolut has targeted.
Why are there no Revolut logos at online casinos?
A major stumbling block for Revolut gambling at the moment is the fact that Revolut does not support certain merchants in the betting, gambling and online dating industries. In fact, Revolut’s help section clearly states that they are currently unable to offer services to gambling firms. This means that you probably won’t be able to make Revolut Prepaid Deposits to a casino or betting site. However, when it comes to depositing with your Revolut VISA or Mastercard, we assume that this will indeed be possible, but that withdrawals over a certain amount will be subject to the above-mentioned document verification.
Is there a future for Revolut betting and gambling?
Despite its huge success, Revolut is still in its early years, and since the gambling industry may be one of those industries that are deemed to carry a certain level of risk, it’s understandable that Revolut is being cautious about catering to the online casino and betting sector. However, we’ve got to keep in mind that gambling regulations are becoming increasingly stricter, and that online operators have their own fraud and responsible gaming departments to prevent illegal gambling or gambling for money laundering purposes. Such efforts, as well as Revolut’s growing popularity worldwide may pave the way for Revolut betting and gaming to become commonplace in the near future.
On our part, we’ll certainly be looking out for opportunities to play at an online casino with Revolut, so that we’ll be the first to inform our readers about any new casino accepting Revolut. In the meantime, if you’re after a smoother and more transparent way of depositing and withdrawing money with online casinos, have a look at our articles on Paypal casino and Bitcoin casino, where we'll let you know which online casinos are currently accepting these payment methods. Or if you're from the UK, check out our article about Pay by phone casinos to find out how you may also deposit via your phone bill!
You can use your Revolut Debit VISA or Mastercard to make deposits at an online casino in the UK. However, Revolut does not support certain merchants in the betting, gambling and online dating industries, so Revolut Prepaid Deposits may be rejected at some casinos that have been targeted by Revolut.
No, since the 14th of April 2020, the UK Gambling Commission has banned players from using credit cards or payments made through a "money service business" like Revolut.
The advantages of using Revolut to fund your casino account include free withdrawals up to a maximum of €200 per month, the possibility to use Revolut's own budgeting tools, and fast withdrawals that will take less than 2 minutes.
You will not find the Revolut logo anywhere on the website of an online casino. However, if the VISA or Mastercard logos are visible at the bottom of a casino homepage, you can make the payments using your Revolut Debit Card.