The Most Frequently Used Deposit and Withdrawal Methods at Online Casinos

The Most Frequently Used Deposit and Withdrawal Methods at Online Casinos

June 23, 2016.

When signing up at a new online casino you usually want certain things to agree with you, like their assortment of online slots, customer support availability and, more often than not, their range of payout methods. When depositing your money—and even more so when withdrawing your winnings!—you want to make sure it’s easy, safe and as fast as possible. Today we’re going over the basics of some of the safest and most frequently used deposit and withdrawal methods around.

E-wallet: One of Your Safest Options

When choosing ways in which to deposit and even more so withdraw funds at online casinos, let’s face it: you’ll mostly be concerned with the safety of your money dealings. Knowing there are certain methods that ensure these touchy transactions remain secure and private is always a good thing. Here’s a not-so-secret secret: you can’t go wrong with e-wallets. Here’s why.


Neteller: Fast and Secure

Let’s start with Neteller, one of the oldest and to this day among the most popular e-wallet solutions in the world. Ever since its early days—an incredible decade and a half ago—Neteller has been associated with online gambling. Back then it was processing an unbelievable 80% of all the online gambling payments. Today, people from over 200 countries all over the world use Neteller services and the number of users just keeps growing. And you can be sure they know what they’re doing.

People from more than 200 countries worldwide use Neteller as a payment method.

What makes Neteller safe is the fact your account balance and sensitive information are held in trust accounts. Opening an account only takes a few moments, so you won’t be experiencing any unnecessary frustrations. If you’d like to try your hand at a Neteller casino, you’ll be pleased to hear that some of the most respected and popular online casinos accept Neteller as one of their deposit and withdrawal methods—like Vegas Bet365 Casino, IWCasino, BitStarz Casino, to name a few.

Skrill: A Safe Bet

Skrill is, without a doubt, one of the most used e-wallets overall. And it’s not a great mystery as to why. Skrill accepts sending and receiving payments in 41 currencies and all the major credit and debit cards, so you can easily manage your casino account affairs in just a few clicks. All you have to do is verify your credit card and your transactions will be processed in no time. Then you can move your funds around from bank accounts and cards to your heart’s content.

Skrill lets you easily move your funds around, from a bank account to a card and back.

Once you have your Skrill account, you can even get exclusive casino promos and, if you choose to go down the VIP road, you’ll get lower fees, 24/7 support and additional benefits that go with the loyalty programme. Most online casinos accept Skrill nowadays, so your Skrill wallet will let you play there easily without divulging any sensitive payment info. Wanna play at a Certified Casino that also accepts Skrill? Try Red Star CasinoLimoPlay Casino or BetAdonis Casino—you won’t be disappointed!

Cards Are the Way

Sure, e-wallets are a fantastic way to deposit and withdraw your money, but they’re not the only method available. Credit cards, debit cards and diverse types of prepaid cards are a standard approach to dealing with your casino affairs. There is virtually no way a casino won’t accept some type of card—be it Visa, MasterCard, PaySafe or various others.

A PaySafe card allows you to deposit or withdraw your funds without disclosing any information about yourself.

There’s no need to go into detail about standard credit and debit cards—you all know the drill. However, you might not be familiar with the PaySafe card.

Bank cards

Basically, you don’t need a bank account or a credit card—only a prepaid PaySafe card, which allows for secure payment and guarantees your dealings will remain 100% confidential. That means, no personal info, no card details, nada. And it’s available all over the world! High-standard casinos that accept it? Casino EstrellaBetsson Casino or NextCasino and more.

Bank Transfer: The Classic Way

Last, but not least, Bank Wire Transfer. In a nutshell, it’s a straightforward method of relocating funds from one bank account to another. It’s how it’s been done for decades.

Bank wire transfer

Naturally, what you’ll need are the bank details of the casino. Sometimes this info will be written on the website; other times you’ll need to contact a casino representative. Then you go to the bank, conduct a wire transfer and bada bing, bada boom, you’ve successfully deposited your money.

Bank Wire Transfer may not be a fast method, but it’s secure.

Withdrawing is even easier—you just need your bank account number, SWIFT number and, depending on where you live, an IBAN number. While this process is not the fastest one of the bunch, it is definitely safe as your details do not leave the casino. Since this is a classic payment method, there will be a bunch of online casinos where you can deposit or withdraw money via bank wire. Casino RoomBlingCity Casino and 7BitCasino are just a few.

Any Comments?

How do you usually conduct your deposits and withdrawals? Would you say e-wallets are your favourite way to conduct your casino affairs? Do you ever deposit or withdraw funds at mobile casinos and what is your favourite method to do so there? All your comments and thoughts are, as always, welcome, so head over to our forum now and tell us what you think—­we’re all ears!