The ability to deposit and withdraw has become a key deciding factor for gamblers at online casinos. Choosing the best option is not always easy considering the every increasing number of options.
During our extensive reviews of the online casinos found on this site we have tested most of the payment methods available to players from all countries. We have identified the benefits and cons of each option and highlighted for you. With our guide you are ensured in making the correct choice for your casino and locale.
|Payment Method||# of Casinos|
|Betting Shop Cash Deposits||6|
|chinese debit cards||3|
|Instant Bank Wire||54|
|Maestro Debit Card||125|
|MST Gift Cards||4|
|Person 2 Person||7|
|Solo Debit Card||53|
|UseMyBank / UseMyFunds||3|
|Western Union Money Transfer||14|
Is It Safe?
As online payments went mainstream over the last few years, consumers have become more familiar with making online payments. We are getting used to shopping online, paying our bills and sending money to friends or family without thinking twice. When it comes to online casinos, new players remain cautious but the bottom line is that the methods used by online casinos are every bit as safe as any other online.
If you are concerned about using a credit card at an online casino we recommend you consider an electronic wallet where your bank account or card details will not be made known to the gambling site, Many players feel a lot more comfortable with this scenario although it is our opinion that you need not have concerns about using your credit or debit card directly at the casino.
How Do I Choose?
There are a number of factors to consider when choosing a payment method:
- Location: Some methods restrict the countries and territories that are eligible to use their services. For instance, popular wallets like NEteller cannot be used by residents of the USA. By the same token, many methods exits that are tailored for specific countries. These are typically integrated with the local banking system like Giropay in the Netherlands and POLi in Australia. Using the table above you will see a list of methods available in your country.
- Method of funding: Some people just don't like using their credit card so they may wish to consider an electronic wallet or eCheck that can be funded using the credit card or a direct bank transfer. This is typically a matter of choice.
- Deposit vs Withdrawal: Some methods only facilitate deposits whilst other allow for both deposits and withdrawals. Some players like the idea of using one facility so that they can manage their bank roll more easily.
Ultimately the choice comes down to personal preference and the methods available in your region. Our payment methods guide is organised to help you make a choice. We highlight the primary countries for each method listed as well as the eligible countries where the method can be used. For each method your Editor's choice lists the best sites where it can be used.
Types of Payment Methods
Credit and Debit Cards - If you live in the United States, you will not be able to use a credit card or debit card to fund your online casino accounts. The reason is that legislation has been passed in the US making the act of online gambling illegal and banking institutions will not process transactions that are made to or from online casinos. However, there are still some casinos in the UK and other countries that accept this form of payment. As such, you need to check your local laws and those in the jurisdiction in which the casino is licensed and regulated to determine if you can use credit cards and debit cards as a payment method.
Direct Bank Transfers and Money Wire - These days many players choose to us bank transfers to fund their casino accounts. This is done by directly transferring funds directly from a banking institution to the casino. Bank transfers are not only beneficial for making casino deposits, but you can also make withdrawals from your online casino account and have the money directly transferred to your regular bank account. While bank transfers can be facilitated through both local and international banks, they usually take the longest amount of time to complete which is why many players opt for quicker payment methods such as eChecks or eWallets.
Electronic Checks (e-Checks) - Electronic checks or eChecks are similar to a bank transfers and have a few advantages. When using these casino deposit methods, you can transfer funds between your checking account and the online casino of your choice. This type of payment method is faster than a bank transfer and is often the method of choice for players in the US and Canada. Electronic checks can be used to fund casino accounts but not make withdrawals. Players often favour these payment methods because there are no fees involved. Think of it as writing a paper check to the casino from your active checking account.
Electronic wallets (eWallets) - these are the most popular form of payment at online casinos because they provide fast and safe transactions. You should always seek out online casinos that accept electronic wallet payments for both withdrawals and deposits. This eliminates the need for several accounts, making it easier and quicker for you to manage your accounts. There are many eWallet services with outstanding reputations, such as Neteller, Click2Pay and Moneybookers, all of which are supported by most good online casinos.