We’re here to talk about making casino deposits. Essential reading for figuring out the best ways to fund your gaming at online casinos.
Here you will get to see the main payment options that you can use at gambling sites. We’ll examine the pros and cons of these payment providers and reveal how you can trigger a deposit bonus just by adding funds to your account. Perfect for getting extra for playing all of those casino games.
You need to deposit money so you can play real money games at an online casino. When you deposit, you want to play games as soon as possible after paying. If you win, you need to be able to get a hold of your payouts a lot sooner. Plus you won’t want to lose too much in fees in the process. The good news is most online banking options can perform these basic functions.
Moving beyond basics, the method you pick should always be comfortable based on your individual preferences. If you’re going to do currency conversions at some point, you must understand the charges involved. Big on privacy and anonymity? You need to understand how much info each payment method requires while transacting.
For example, you don’t have to share your personal details directly with PayPal casinos to transact—only an email address and password. It also makes sense to pick payment methods you already use for other things, like online shopping.
Then, of course, you must know the minimum and maximum transaction limits allowed and if the payment gateway is accepted at the casino you want. Understanding the different options can help you determine if you can use certain payment methods to unlock the welcome bonus or whether you need to get some free spins instead. Here are some of the typical payment options accepted at online casinos:
It’s worth taking a little time to think about which payment method suits your needs best for making deposits at online casinos. Here is a closer look at your main deposit options:
Most online casinos will let you make deposits via credit and debit card brands such as Visa and Mastercard. Such card feature the highest levels of security, are familiar to use and let you make instant deposits. Just note that card withdrawal times can be relatively slow.
More and more people are using ewallets like PayPal, Skrill and Neteller to fund their casino gaming. This is because ewallets are secure, convenient and have some of the fastest processing times. Just note that ewallet payments might not qualify for deposit bonuses, so you may have to hunt down some free spins instead.
Some people like using prepaid cards such as Paysafecard because you don’t have to have a bank account to use them. Plus prepaid cards are safe and let you make instant payments, although the lack of ability to make withdrawals is a major downside.
Plenty of online casinos now let you use cryptos like Bitcoin and Ethereum to make discrete payments across borders without the intervention of any bank. Just note that cryptos can be liable to scams and that your payment times will be at the mercy of network activity.
You should be able to make bank transfers to most online casinos. While these offer very high limits, they do have some of the slowest processing times around.
Casino banking methods have made it easy for you deposit and play. However, no payment platform is fool-proof, and you may occasionally experience some setbacks. We’ve included a few pros and cons of using different payment methods at online casinos:
You have a wide range of deposit options at your disposal, and we use the following factors to choose payment methods.
If you're going to be sharing my financial details online, you need a payment platform that encrypts your data. You won’t go wrong with credit card casino sites that accept Visa and Mastercard, given the tight security measures.
You can tell a lot about a payment platform from its reputation. We check how long it's been there, who’s behind it, and what regulators it works under. We also look at the platform’s past reviews from users. If it seems deemed dodgy, we want nothing to do with it, and neither should you.
We get that processing transactions may take time, but does it really have to, though? We are living in the digital age where payments can be automated to conclude faster than ever. In any case, there's a massive difference between waiting for your funds to appear in your account for an hour or several days. We tend to go with casino deposit methods like eWallets that process deposits instantly.
High deposit and withdrawal fees can negatively impact your banking experience. Paysafecard casinos are the best in this regard, as they typically don’t charge any fees. Some methods charge for deposits, withdrawals, or both. At the end of it all, we prefer payment platforms that keep these expenses to a minimum.
A good payment method is easy to use. Do you need to go through a lengthy process to set up the payment platform before you can deposit? Are the procedures complex? We always say the easier everything is, the better. The last thing you need is casino withdrawal methods that make you jump through hoops to get your lucky winnings.
Last but not least, we like to check the acceptability of the payment method. Remember that not all payment platforms are accepted globally. Credit and debit cards are among the most popular because of their widespread acceptance, which is why there’s loads of Visa casinos. On the other hand, some online casinos are still having a hard time wrapping their head around cryptocurrencies.
We've yet to see a casino that makes it a nightmare for new players to deposit funds and get started on their sites. That’s the fastest way to scare away gamers. Here’s a general step-by-step process followed by most online casinos.
So the key thing to note here is that most casinos won’t charge you any fees for making deposits at their sites. This is true regardless of whether you are using cards, ewallets, prepaid cards, bank transfers or cryptocurrencies.
But before you rush to play those slot machines, it’s worth noting that the following charges may apply:
The good news here is most casinos process deposits instantly or at least within a couple of minutes. You should expect the same quick turnaround from online casino withdrawal methods, although the security checks involved that can lengthen the process. To speed up transactions, make sure your account is verified, you've met any wagering conditions, and are observing transaction limits.
Payment Method | Deposit Time |
---|---|
Credit cards and debit cards | Usually instant |
Ewallets | Usually instant |
Prepaid cards | Usually instant |
Bank transfers | Up to three working days |
Cryptocurrencies | Usually within 10 minutes |
Mobile payments | Usually instant |
Your online safety should be your number one priority when it comes to making casino deposits. So here are some simple tips to keep in mind when it comes making payments at online casinos:
It’s smart to only use the online casinos listed in this guide. These sites don’t just contain an enviable range of slot machines and table games, but they are also all fully licensed and regulated. This means that they will be more than capable of safeguarding your deposits.
It’s best to double-check the security features of the payment method used to make your casino deposits. While most credit cards feature industry-standard digital encryption, the same cannot be said for some alternative payment methods like some cryptocurrencies.
It’s best to get organised in how you make your deposits by making a note of each transaction made. This means that you will have all of the necessary documentation to hand should you need to contact customer support.
You should never share any of your payment login details to the casino in question, and you should be extra careful about how you make a note of any relevant information such as usernames and so on.
It’s always smart to take advantage of any two-factor authentication to ensure that only you get access to your account. Plus be sure to regularly change your password to add an extra level of security to your funds.
We’ve shown you that all good online casinos will let you use a variety of payment options for making secure and efficient deposits. This means that you can simply make a deposit with one of these payment providers and get a stress-free way to play casino games online.
Plus there is the fact that you could even pick up a deposit bonus to get even more funds to play with. So be sure to pick one of the casino sites listed here, make a deposit and then see what kinds of cash prizes you could win.
You can because most payment methods are supported on mobile devices. Some payment platforms like PayPal might offer dedicated apps or mobile responsive sites, but ultimately, you can transact on your handheld device.
No, you don’t. Not all payment platforms need you to share your financial details to transact. eWallets are a great example and act as a buffer between your bank and the casino.
It certainly is if you're looking for lightning-speed transactions, low or no fees, and anonymous transactions. But cryptocurrencies are also volatile and not as widely accepted.