MB WAY & Multibanco: Portugal Online Bookmaker Payment Trends

Online Bookmakers in Portugal: A Guide to Payment Methods, Regulations, and Responsible Gaming

For Portuguese players, the availability of diverse and reliable payment options is a crucial factor when choosing an online casino. Increasingly, systems like MB WAY and Multibanco have become popular alternatives to traditional bank cards for depositing funds and withdrawing winnings.

The Legal Landscape of Online Casinos in Portugal

Gambling is legal in Portugal, but online casinos must adhere to strict regulations. To operate legally, a casino must obtain a license from the Serviço de Regulação e Inspeção de Jogos (SRIJ), the Portuguese gambling regulator.

SRIJ Licensing and Oversight

To secure an SRIJ license, casinos must meet several key requirements, including:

• Using only licensed gaming software from reputable providers.
• Implementing robust anti-money laundering measures.
• Promoting responsible gambling practices.
• Complying with all applicable gambling laws and tax regulations.

Meeting these requirements is essential for a casino to operate legally in Portugal.

Getting Started with Online Casino Gaming

Here’s a step-by-step guide to playing at a Portuguese online casino for real money:

Registration and Login

First, you’ll need to register on the casino’s website by completing the account creation form. This typically requires providing your email address, phone number, username, and password. After submitting the form, you’ll need to confirm your registration.

The casino will send a confirmation email to the address you provided. Open the email and click the link to verify your account. Once verified, you can log in to your personal account.

Funding Your Account

To deposit funds, navigate to the “Cashier” or similar section in your account. Select “Deposit” as the transaction type, choose your preferred payment system, enter the deposit amount, and confirm the payment.

Choosing a Game Type

Once the funds appear in your account balance, you can start playing. Many SRIJ licensed brands offer sports betting and casino games. Your deposited funds should give you access to all game types available. If you decide to play slots, consider trying the demo mode first to familiarize yourself with the game.

Withdrawing Your Winnings

If you’re lucky enough to win, you’ll want to withdraw your winnings. Go to the “Cashier” section, select “Withdrawal,” choose your preferred withdrawal method, enter the amount, and confirm the transaction.

Payment Methods in Portuguese Online Casinos

Legal Portuguese casinos offer a variety of deposit and withdrawal options. These include MB WAY and Multibanco.

Multibanco: A Primary Payment Instrument

Multibanco is a leading deposit method in Portugal. As Portugal’s national payment system, it connects 27 Portuguese banks, offering simplicity, convenience, and fast transfers.

MB WAY: Mobile Payments for Players

MB WAY, built upon the Multibanco system, allows users to make online transactions using only their mobile phone number, providing added convenience.

Comparison with PayPal, Skrill, and Neteller

Many Portuguese casinos also support international payment systems like PayPal, Skrill, and Neteller. However, MB WAY is often preferred by Portuguese players due to its local integration and ease of use.

Responsible Gaming

Adhering to responsible gaming principles is crucial to prevent gambling addiction and related issues.

Legal casinos in Portugal actively promote responsible gaming and provide tools to support it. For example, users can self-exclude from casino services for six months or longer.

Conclusion

Multibanco and MB WAY are well-suited for Portuguese online casino and sportsbook players. Their convenience and integration into the local financial system make them a popular alternative to traditional bank cards.

If you’re interested in learning more about Portugal’s legal betting landscape, check out our article Legality and Regulation of Betting in Portugal in 2025.