Most people who are considering joining the world of online casinos are usually sceptical about depositing money into their online accounts. Newbie players usually have many questions concerning deposits – Is it safe to share my information? Should I link my bank account or cards to an online casino? Are there any limits on deposits?
Below are some factors to consider when depositing money in an online casino.
Deposit Methods
Different casinos offer different deposit methods, meaning while a method might be available in one casino, it might not be offered on another. Here are the most common deposit methods.
E-wallets
Now, more than ever people are using e-wallets to make purchases and payments. In this case, players use e-wallet sites to add funds into their real money accounts. E-wallets offer a gateway, that enables you to make deposits from anywhere and at any time.
Depending on the online casino you are playing on, you might come across common e-wallet methods like PayPal, Skrill, Neteller, Webmoney, PaySafe, PaySec, Polipay, Perfect Money, Safetypay, Siru Mobile among others.
Although Paypal is the most known e-wallet, it is not as popular in online casinos. Paypal has strict regulations and limitations, especially when it comes to gambling platforms. Skrill and Neteller are the most common methods of making deposits in online casinos.
Credit & Debit Cards
Credit and Debit cards are perhaps the most favoured payment option available on the world wide web today. Most if not all registered and regulated online casinos offer credit and debit card payment option to their players.
Making deposits using credit and debit cards comes with some extra benefits like speedy transactions. You will find that most casinos take less time to process withdrawals through credit and debit cards, as opposed to other methods. In fact, distinctive online casinos like Betsafe, CasinoEuro, and Mr Green will approve and complete processing bank card payments within 24 hours.
Whether you have a Visa or a Mastercard, both are widely accepted by the online casino. Just check to ensure that the bank account linked to the card is active and that the card has not yet expired. Also, make certain that the card has enough funds complete the deposit.
Note that not all banks accept sending money to gambling rooms and ventures. If you are in such a situation, go to a different casino and keep trying until you find the best deposit-card/site combination.
Bank Transfer
You can also use your current bank account to deposit funds into your real-money online casino account. There are different ways to go about making deposits directly from your bank account. You can either use an e-check to make your deposit or command a wire transfer from your bank.
Prepaid deposits
If you do not want to avail your personal information online, apply your bank account to your online casino’s interest or use your credit cards, vouchers and prepaid cards are the best for you. In this case, you buy a voucher or a card with your desired value and then use the loaded value to deposit money into your account.
Site Security
Before making your initial deposit, make certain that the online casino website is SSL Secured. Read reviews and the terms and conditions of use to be sure that no hidden or illegal transactions can be made from your card or e-wallet. Most reliable online casinos like Casino Euro have a safe and security page-link at the bottom of the homepage.
Deposit Bonus
Now, you should always be on the lookout and take advantage deposit bonuses. Before selecting a casino, check on the different types of deposit bonus available. The bonus will give you more cash, Free Spins and more prizes to use on all your favourite casino games.
- Welcome-deposit bonus – You get the bonus after making your very first deposit in an online casino.
- Deposit bonus – You receive a certain amount for every deposit you make. For instance, £20 bonus for every £50 that you deposit to your account.
Payment options
It would be quite disappointing if you made a deposit and won, only to realise that the casino takes up to 10 business days to complete the payment. Most online casinos have a strict regulation about using the same deposit-method to make withdrawals. For example, if you made a deposit of £50 via debit card and win £60, you must withdraw the £50 via card and the £10 via e-wallet.
In conclusion, your method of depositing money to your online casino can significantly boost your game. Just remember to always look for bonuses, SSL security and licensing certificates, withdrawal processes and customer service.