Currency conversion fees of 0.99%
MuchBetter is an app-based e-wallet that allows Austrian users to quickly deposit and withdraw funds at online casinos from abroad. This is a digital wallet that provides a high level of security, fast transactions, and low fees. In this overview, we will focus on MuchBetter’s legal status in Austria, its usage for online gambling and recommend a few top offshore casinos that accept it.
The current gambling legislation in Austria sees it operate under a monopoly and a single licence model, with Austrian Lotteries standing as its sole licensed operator. It allows online gambling services via its win2day domain. The result is a site that doesn’t accept MuchBetter for deposits and withdrawals, so the Austrian gaming sector is dominated by offshore casinos, most of which have European licences (MGA or Gibraltar).
These are sites that operate in a grey area and accept Austrian players with very little oversight from the government.
According to a 2021 report by EGBA, about 35% of Austria’s €1.5 billion gambling revenue was generated online, but that number steadily increases year after year. In 2024, it was estimated that the online gambling sector in Austria reached a volume of over €630 million, which drove increasing calls for a liberalisation of the industry.
At the end of 2025, Austria moved closer to liberalising the online casino sector, but its exact scope remains unknown. Policymakers may choose a limited number of licences allocated under strict requirements, or they can completely open up the market for private operators and introduce harmonised compliance standards.
With the evolution of the sector, this shift is expected to significantly impact the landscape of online casinos in Austria, offering players more regulated options and improved features.
At the heart of the new legislation lies one principle – player protection. We should expect a centralised self-exclusion system which will prevent at-risk players from accessing casinos, much as is the case in Germany.
The reform would try to curb illegal activity and block unlicensed websites, even though certain EU countries, including Austria, have already agreed to join forces and combat unlicensed casinos.
So, currently, to use MuchBetter for gambling, you will need to rely on licensed international casinos that accept Austrian players. You won’t be breaking any laws doing so.
Our review process of MuchBetter casinos encompasses a few crucial factors that guarantee the safety and speed of players’ transactions.
Since there are no domestic online casinos in Austria (apart from win2day), we focus on internationally licensed operators with robust security features such as SSL encryption.
MuchBetter facilitates instant payments, but the casino has a big say in the speed of transactions. We try to recommend only fast-payout casinos with a proven track record of instant payments.
Reliable casinos rarely charge additional fees for deposits and withdrawals, so for a more personalised experience, we focus on sites with EUR support and wide transaction limits.
We test the responsiveness of the site across different devices and see how user-friendly the MuchBetter transaction process is before adding the casino to our list.
For individuals, MuchBetter offers an e-wallet, prepaid voucher, and a MuchBetter MasterCard that players can use for transactions. For deposits and withdrawals, the e-wallet service is the most suitable one, so you will need to download MuchBetter’s app, sign up, verify your account, and top it up before you select an online casino. Then, the depositing and withdrawing process at sites will go as follows.
Select a MuchBetter casino from our list and create a new account. Then, head to the Cashier tab and tap on the MuchBetter icon. Input the amount you wish to send and enter the phone number you used when registering at MuchBetter. Confirm the transaction via the MuchBetter app, and the funds should instantly arrive in your account.
Before you request a withdrawal, make sure to complete any KYC requirements, which may be mandatory at some casinos, unlike no-verification casinos in Austria. Then, log in and choose the Withdraw option in the Cashier tab. Again, select MuchBetter, enter the amount you wish to cash out and enter your MuchBetter phone number. Once the casino approves your withdrawal request, the funds should instantly arrive in your wallet.
Sending and receiving money online with MuchBetter is free of charge. However, a 0.99% currency conversion fee for USD/EUR/GBP payments will apply, but if you need to convert these currencies to different ones, the FX rates can vary.
There are several unique advantages linked to MuchBetter that make it in demand among Austrian players:
Although very similar in nature, MuchBetter and Neteller have some striking differences that users in Austria need to know of before choosing either.
Currency conversion fees of 0.99%
Most international payments have 2.99% currency conversion fee
Instant deposits and withdrawals
Instant casino payments
Available across international casinos
Widespread availability
Eligible for casino bonuses
Some sites may block Neteller users from claiming bonuses
Secure and convenient
Strong security features
The appeal and the benefits of using MuchBetter are clear, but there are some downsides you must be aware of, too.
To find a MuchBetter casino suitable for your gaming preferences and habits, we want you to pay attention to a few important aspects.
You can add a bit more convenience to your MuchBetter usage if you purchase MuchBetter prepaid vouchers and use them to add funds to your e-wallet. Despite the convenience that comes with using the full suite of MuchBetter products, we want you to use a simple security trick to add another security layer to your payments:
Enhance your security with biometrics: You can use Face or Touch ID with MuchBetter to securely authorise your payments and manage your account. When you perform transactions, you will be prompted to verify your ID with biometrics, so it is one way to prevent unauthorised access.
Player preferences in Austria can vary, so our suggested casinos won’t limit users to just MuchBetter for their payments. Here are a few alternative methods players can use instead:
Players can expect their MuchBetter deposits to qualify for different types of offers at any stage of their gaming experience. Here are some of the top casino bonuses in Austria for the best experience.
Austrian MuchBetter casinos partner with the best casino software providers in the industry, like Pragmatic, Evolution, Play’n GO, Playtech, and Yggdrasil, among others, to offer diverse game catalogues with numerous game variants. These games are usually organised into the following sections.
By reviewing its core features, we can say that MuchBetter matches its reputation for being a reliable, convenient, and low-fee payment method that Austrians can use for casino gaming. It is available across different online casinos around the world, so hopefully, this guide will take you closer to finding the right one. If you liked this overview, feel free to check out more Ace Alliance payment method guides.
Yes, MuchBetter protects transactions with an automatic transaction review system and allows users to protect their funds with biometric authentication.
Yes, MuchBetter is an available withdrawal method. You can withdraw simply by using your phone number.
Sending or receiving money is free of charge, but currency conversion fees of up to 0.99% can apply to transactions.
Yes, MuchBetter deposits should make players eligible for different types of bonuses.
Other e-wallets like Skrill, PayPal and Neteller, alongside cryptocurrencies like Bitcoin, Ethereum, Litecoin and Tether, are known for their speed.