Online gambling operators almost always provide several deposit methods to choose from, but the specifics vary from jurisdiction to another. Here’s an overview of the most commonly available options.
Card payments are fast, accessible, and available on almost every real money site. However, players from the United States have to be very careful about choosing the right card, as Visa and MasterCard payments are frequently blocked due to federal regulations.
Credit and Debit Cards
Most people own a credit or debit card these days, so iGaming sites always support them as a payment method unless they have a really good reason not to. The most notable example of such a reason is Global Poker, which doesn’t allow traditional deposits because of its unique, sweepstakes-based business model.
While ubiquitous, this method isn’t 100% reliable in countries that demonstrate hostility towards offshore gambling operators. This is particularly true for the United States, where between 25% and 45% of all Visa and MasterCard payments get blocked due to federal-level regulations. This can be an issue even if you play exclusively on legal sites licensed in New Jersey or Nevada. Please note that if your payment is rejected, you won’t lose your money or face any legal consequences. You will receive a full refund and will be allowed to try your luck with a different card if you choose to.
Some gambling operators offer their own prepaid cards, which are guaranteed to work 100% of the time. This practice is most prevalent in New Jersey, where the majority of online casinos offer their own Discover prepaid cards. These cards can be topped up using a Visa or Mastercard, which makes them an excellent alternative in case your direct credit card deposit gets rejected.
Cryptocurrency payments are supported predominantly by US-facing offshore sites, which due to their illegal nature are often unable to cooperate with credit card processors or e-wallet providers. While there are a few dedicated Bitcoin gambling platforms, we generally recommend avoiding them. Most of them hold no gambling license, and some haven’t even submitted their random numbers generators for fairness verification.
Bitcoin is the most popular cryptocurrency and is accepted by all operators who support this banking method. High-profile sites that accept Bitcoin payments include BetOnline, Bovada, Slots.lv for US players, and Bodog for Europe-based gamblers.
As of May 2018, the only reputable site that supports other cryptocurrencies is BetOnline. They accept both Litecoin and Ethereum.
E-wallets are a perfect solution for those who value speed and security. They can also be used to make quick withdrawals, but this option is usually available exclusively to players who made an e-wallet deposit in the past.
Neteller and Skrill
Neteller and Skrill deposits are supported by most gambling sites. Both allow you to load up your account in a matter of minutes and at no extra charge.
Because e-Bay is not particularly keen on working with internet casinos, having PayPal support is a badge of honor for online gambling operators. The sites that offer PayPal deposits can be considered 100% safe, as it’s a clear indication that they adhere to the highest standards in terms of security and fairness.
Cash transfers aren’t free. Service providers, such as Western Union, typically require you to pay a 5%-10% fee. You should also alert your gambling site’s support team if you’re planning on using this method – this will expedite the process significantly. Due to the above, this payment method should be used as a last resort.