How to Fund your Casino Account
Especially for the uninitiated, handing over your money or your banking details to any website can be a little daunting, but if you do your research and find a reputable site that uses secure banking methods, then your transaction is completely safe.
Avoid Processing Fees and funding Delays
Some casinos ensure profits by charging processing fees on certain financial transactions. Always double-check which funding options come with a fee and which are processed for free. The vast majority of casinos process deposits almost immediately regardless of how you fund your account, however withdrawals can sometimes take several business days to work their way back to your bank account. Many websites feature at least one withdrawal method that processes instantly, so this is definitely something to look out for.
Be Security Savvy when it Comes to Online Gaming
As with any online retail website, there are a few things you should be looking for when funding your online casino account. First and foremost, look for secure pages - the URL of a secure website always starts with an image of a closed padlock and the letters HTTPS. It is recommended that you never click through links from emails and proceed to enter banking details - phishing scams are getting more and more advanced, the safest way to find your account is to type the website URL and log in directly from your web browser rather than from an email.
Common Casino Banking Methods
There are a number of ways to successfully fund your online account. There are some casino banking methods that you'll recognize, and some that may be new to you. These are some of the best established in the casino industry and can be considered secure.
Bank transfers can be made online, over the phone, or in some cases, in person at your bank branch. In order to fund your account using a bank transfer, you'll need the sort, or SWIFT code and the account number of the casino you're depositing to. These transactions are amongst the few deposit methods that can take a few business days to process, so consider another method if you're looking to play right away.
Debit and Credit Cards
By far the most popular (and fastest) method of funding your casino account is by credit or debit card. Typical examples include Visa, Mastercard, and Maestro, although some casinos will accept American Express and Discover amongst others. When you use this casino funding method your funds deposit immediately, but withdrawals typically take 3-5 business days. Some casinos actually offer their own debit cards that can be used anywhere, with some even offering instant withdrawals, too.
Believe it or not, some online casinos will actually mail out checks to you as a withdrawal method. Bear in mind this is a pretty lengthy process, but if you're in no hurry to claim your winnings, then this could be a great option for you.
E Wallets are a close second behind debit and credit cards when it comes to popularity for casino account deposits. You deposit your money directly to their website, and they will electronically process payments to your casino of choice. Withdrawals are also extremely straight forward when using an E Wallet solution. Some of the biggest E wallet names include Paypal, Neteller, and Skrill.
While not universally accepted (yet), cryptocurrency is fast becoming a great casino funding method. It's fast and secure, and can be stored securely in a crypto wallet either online, or on a physical device like a hard drive or USB stick.