Fast and safe deposit to your gaming account is one of the priority parameters that players are guided by when choosing an online casino or a bookmaker’s office. There are many ways to deposit and withdraw funds today: credit cards, e-wallets, bank transfers, and so on. However, it is worth considering that some payment methods can perform both operations, while others allow only to replenish the balance of the game account. In this case, the player has to think in advance how he will withdraw his winnings. In addition, the number of payment systems presented on a typical gambling site can confuse an inexperienced user.
In this article we will introduce you to the most convenient and reliable payment systems that are actively used in the gambling and betting industry. We will help you to choose the right way to make a deposit and receive payments, as well as present the best bookmakers and online casinos that use these payment systems.
There are many ways to make a deposit at the moment: bank cards, e-wallets, payment terminals, Internet banking, prepaid cards, bank transfers, cryptocurrency, e-vouchers and so on. But there are the following payment systems which are most popular all over the world:
Credit and debit cards. Bank cards transactions are considered to be safe and secure, the gaming account replenishment is instant and easy. In addition, the card issuing in the bank takes no more than 15 minutes. However, this method has its drawbacks. Firstly, even if your card is accepted by an online service, there is no guarantee that it will be accepted next time, as evidenced by the players’ complaints in different forums. Secondly, there are restrictions on the use of bank cards in gambling industry in some countries.
We recommend using a Visa card to replenish your account. You can easily deposit and withdraw funds with it, while MasterCard holders have the second option often unavailable. Although all gambling sites guarantee personal account protection, some players prefer not to share personal banking details by Internet, preferring the next payment system.
Electronic wallets (eWallets) – one of the most convenient ways to fund your gaming account. If you are the owner of an electronic wallet, then you can use it both to replenish your gaming account and withdraw winnings. On all reputable sites of gambling and sports betting, at least 3-4 eWallets options are presented. Also, the advantages of this payment system include high reliability, security and instant transactions.
The main disadvantage of electronic wallets is the long registration process and configuration. Electronic wallets are like bank accounts on the Internet, so service providers conduct a fairly deep client verifying the identity process to avoid fraud cases. However, once you have completed the necessary process of intensification and adjustment, the deposit and funds withdrawal becomes quick, easy and safe.
Bank transfers are money transfer to an online resource account. This payment method allows you to make a deposit on almost all gambling sites. You can make a payment in a bank, even without having a personal account there. To do this, you need to know the recipient bank details, come to the bank and fill in the receipt for transfer. The disadvantage is that the bank transfer takes a long time and the bank can charge a certain fee for services, but money transfer reliability is guaranteed by the bank itself.
The best way to withdraw money today is an electronic wallet. Receiving payments takes a minimum of time – from 15 minutes to 1 day. This payment system is almost trouble-free, safe and does not provide for commissions. In many countries where gambling is banned, e-wallets are almost the only way to play for money online. Therefore, we recommend using it.
Bank cards, transfers, bills and other payment methods are presented on gambling sites as an option, but using them, players often face a number of problems.
The money withdrawal to a bank card takes on average 3-5 bank days and it is not fast. As stated earlier, get winning is often possible only on a Visa card, while MasterCard holders will have to look for an alternative method. There is a risk of payment refusal, because banks have the right to reject a transaction that came directly from the gambling site.
To withdraw winnings via bank transfer, the player should have a bank account. In this case, the transfer speed does not differ from other payment systems, however, many gambling sites set limits and commissions on the withdrawal amount.
Most players prefer to play on the national currency in order to avoid conversion. If you plan to replenish the account through a plastic card, then it is better to play with the currency in which the card account is nominated – just, to avoid currency exchange. Please note that all e-wallets support only certain types of currency. Make sure that the gambling site accepts your wallet basic currency both for depositing and withdrawing funds.
Сhoose currency in online casinos and bookmakers you can only during registration. Bonuses will be added in this currency later. If you decide to change the account currency, then you will need to contact support and wait a few days. On many authoritative resources, the account currency cannot be changed at all for security reasons.
If you plan to bet on a foreign website that does not support the currency of your country, then first acquire an account in a foreign currency, for example, USD or EUR. This may be a bank account to which a Visa card is attached, or an electronic account in one of the payment systems. For example, in Neteller and Skrill you can open an electronic account in more than 40 currencies, besides they enjoy good fame among the regulars of online casinos, bookmakers and poker rooms.
Before taking any action, visit the “Deposits and Payouts” page (or its analogue) on the site where you plan to bet. On this page you will familiarize yourself with the available options and terms of banking: currencies, commission, limits, payment terms, deposit / withdrawal instructions, etc. If you find the information incomplete or incomprehensible, please contact the site support service.
This is a good check of online casinos and bookmakers for customer-oriented approach. Having received a quick and comprehensive answer, you will make sure that you entrust your money to the right institution and in the event of problems you can count on prompt and qualified assistance.
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