Reliable Casino Banking Methods
A few years ago, gambling, especially online was a bit daunting because there weren't many effective casino banking methods. Today, however, this problem has been eliminated thanks to technological advances. Online players can remotely deposit funds, and gamble on sites that are not even within their country of residence.
Here, you will find a detailed list of reliable payment methods that you could use and their popularity among gambling sites. It's also important to mention that you should always read the payment terms and conditions before attempting to initiate a transaction on any betting website.
Popular Casino Funding Options
The list below comprises of commonly used and reliable online casino banking methods, which are internationally recognized or just specific to a given jurisdiction. They include:
Today, most businesses are transacting online, and especially now that the internet has made it possible to send money from literally anywhere on the globe. This has seen the rise of various e-wallets - these are online banking solutions that allow users to send and receive money securely online.
E-gaming is among the industries that have embraced these particular banking methods due to a number of reasons. They're not only incredibly fast but also reliable and relatively cheap. Provided there is money in your wallet, you can deposit cash into your account instantly to enjoy your all-time favorite games. Withdrawals, however, take up to 24 hours, which is relatively quick. Some of the most popular e-wallets include PayPal, Skrill, Neteller, ecoPayz, Euteller, ZimplerGo, and many more. Note that some of the options are only available within certain regions/countries.
Credit and Debit Cards
MasterCard, American Express, Discover, Switch, Visa Electron, and Visa Debit are among the commonly used credit/debit card options in the online gaming arena. Deposits are instant and withdrawals may take 3 to 5 business days to clear depending on the casino. Although these are popular casino banking options, they may not be available for game sites in certain regions. In Europe for instance, different jurisdictions only accept specific credit and debit cards, which is why you must always contact the customer service whenever you need to transact.
Bank Wire Transfer
Wire transfers may be a bit slower compared to other methods but they're amongst the most reliable casino funding methods. They are ideal for moving small and large amounts of money and quite popular in the US and the UK. Payouts can take up to 10 working days depending on your country. It's worth to mention that some banks may have restrictions within certain regions. In this case, you need to talk to your bank to find out if there are any restrictions and how to work around that.
There is a growing number of online gambling establishments accepting cryptocurrency as a reliable casino funding method. Essentially, cryptocurrencies are digital assets that you can use to pay for goods and services online. Top betting houses accept several options such as Bitcoin, Ethereum and a few others. From the look of things, blockchain technology is, without a doubt, the future of casino banking. This method is made available for those who wish to make anonymous transactions.