American Express betting sites & bookmakers that accept American Express deposits

American Express general info

American Express was founded in 1850 as an express mail company by Henry Wells, William G. Fargo, and John Warren Butterfield. You may remember these names from another well-established American company, Wells & Fargo. Between 1850 and 1857, American Express established a mail network spanning nearly the entire United States, and the company's stables can still be visited today as historic buildings. In 1857, the company also entered the "money order" business and invented the payment method called "Traveller’s Check".

Upon the success of Diners Club, American Express decided to enter the card business in 1957 and produced the world's first plastic credit card. Since then, it is the fourth most common card issuer in the world. It issues personal, business, and corporate credit cards. According to a 2021 Nielsen Report, there are 12.2 million businesses in the United States that accept AMEX. It is estimated that there are approximately 111 million AMEX cards worldwide, of which more than 58 million are used outside the United States. The company does not have a single owner, but Berkshire Hathaway Inc. owns the most shares (18%).

Making a deposit at American Express betting sites

Making a deposit using AMEX is no different than paying with a credit card. In other words, if you've ever made a payment using VISA or MasterCard, you can make American Express payments the same way. However, if you are new to AMEX sports betting and do not want to make mistakes, you can make a deposit at all American Express betting sites by following the steps below:

1. First, you need to find a sportsbook that supports AMEX and accepts members from Australia. You can do this simply by choosing a name from the AMEX sports betting list in this guide. As we mentioned above, we have already selected the best bookmakers for you.
2. After choosing a sportsbook, visit its website and sign up. This is a simple process and is no different than creating a new account at any online merchant. You can create an account with your personal information such as your name, address, email, and phone number. Be sure to provide up-to-date and accurate information as you will be asked to verify them in the future.
3. Open your account page by logging in with the username and password you set. Here you will see the “deposit” button: clicking this button will open a screen listing all available payment methods. Select “American Express” from this screen.
4. On the next screen, enter the amount you want to deposit, and your AMEX card details. You will first need to enter the 16-digit number and expiration date on the front, and then the CVV code on the back. This is no different than paying with VISA or MasterCard. However, depending on the type or security level of your American Express account, you may also need to enter a one-time security code.
5. Complete the process by clicking the “Submit” button. In a few seconds, your payment will be transferred to your account: now that you have an active balance, you can start your AMEX sports betting adventure. Note also that you can trigger a welcome bonus (e.g., a free bet bonus) with your first deposit: each of the American Express betting sites we have selected for you has a special promotion for new members.

How long do American Express payments take?

As a general rule, all American Express payments are instant. In other words, you can expect every transfer you make within the limits of your card to be completed within a few seconds. This also applies to the payments you make at American Express betting sites. However, there are two main exceptions to this rule:

• Pending transactions. Your action could trigger a security measure for any reason or be labelled as “suspicious”. There are many reasons for this, and it is not possible to mention all of them here. If you see a “pending transaction” when you look at your AMEX account, one of them has taken place. Such transactions are completed within 2-3 days, but sometimes this period can take up to 10 days .
• Sportsbook itself. You will see that every deposit you make to AMEX sports betting websites is completed instantly. However, withdrawals will take longer than that, sometimes even 3-5 days. This is not because of American Express. Sportsbooks initiate a review when a withdrawal is requested and make sure there are no issues before approving the request. For example, if you have an ongoing wagering requirement, this may prevent the withdrawal. This review can take 2-3 days, and this is the main reason for the withdrawal delay. Of course, depending on your membership status and the speed of the relevant team, it is possible for this period to be as short as a few hours.

What are the deposit limits of AMEX sports betting websites?

There are two things to consider in terms of deposit limits at American Express betting sites: your AMEX card's own limits and sportsbook's limits. Let's examine both separately:

• AMEX card limits: All American Express cards have an overall limit of A$25,000 unless you are a special status customer (For Platinum cards, this figure is A$50,000). Deposits higher than this will not be allowed by American Express. But remember that this is general information: everyone has a different credit score, and card limits also differ for the same reason.
• Sportsbook limits: American Express betting sites have minimum and maximum limits for all deposits. Each site is free to set its own limits, but we can say that the general range in the market is 10 AUD (minimum) and 10,000 AUD (maximum). For example, for AMEX sports betting, it will not be possible to deposit more than 10,000 AUD at a time. You can see a site's own special limits on the "payments" page.