If you want to play for real money in an online casino, it will be necessary to make a first deposit using a payment method At the launch of casinos, only credit cards and bank transfers were accepted. To meet growing demand, operators started creating payment methods specifically tailored for online casinos. These are e-wallets that function like PayPal but are focused on gambling. The most well-known ones are Neteller and Skrill.
If you have made a deposit at an online casino and you have won money, you will have to make what is called a withdrawal. There is no mystery here most of the time you will be able to make a withdrawal with the same deposit method used . We'll walk you through this entire process to help you choose the payment method that's right for you.
Different Mobile Casino Deposit Options
You are never going to be under any obligation to play casino games on a casino app or mobile web browser compatible gaming platform for real money, as all such sites will offer their customers a range of demo mode free play no risk games that they can play to their hearts content.
However, I think it is very fair and true to say that to have the maximum fun and excitement there will always come a time when players are going to fancy their chances playing any type of casino games on their mobile devices, and that is when they are going to set about playing such games in that playing environment for real money.
To be able to make a deposit into a casino site whether an online or mobile one you will of course need to have some form of payment method at hand.
Most players much prefer using for example a debit card or a credit card as the way they fund their casino accounts, as by doing so all deposits are processed in real time and therefore will show up in their mobile casino accounts instantly.
Just keep in mind that whilst there are usually never any additional fees or charges when funding such an account using a debit card, there may often be many fees associated with you using a credit card and there will be fees and charge you will have to pay when you use a prepaid debit card, such as when you set about topping up those cards with funds.
Pay by Phone Bill
One way that you could choose to pay for your mobile casino game real money playing activities is by having your deposits charged to your next mobile phone bill!
There are a range of different companies that offer such a service, but keep in mind that you are only going to be able to deposit small amounts when you choose any type of pay by phone bill deposit option, but they may come in handy when you haven’t access to any other form of deposit option.
If you have a monthly contact with your mobile airtime supplier, then as long as you have opted to have premium rate services activate don your contract then you can simply opt for the pay by phone bill banking option on offer at most mobile casino sites, and those deposit will then simply be added onto your next phone bill.
You may however have a prepaid type of mobile phone, and if so, then as long as you have enough credit on your account with your airtime provider then you can make a deposit up to the amount of credit you have on your phone.
I would just urge a little bit of caution those when depositing that way, as you do not want to get too carried away making deposit after deposit, for you could run up a huge phone bill if you do so!
There are loads of web wallets that you can sign up to and use the services of, and a couple of them that have been set up specifically for gamblers to be able to move money around the web seamlessly are Skrill formerly known as Moneybookers and Neteller.
You may already have for example a PayPal web wallet account, but keep in mind that company is quite strict regarding which customers they allow to fund any type of gaming account using their web wallets, and they will only allow their customers to do so if they are the legal age to gamble in the country in which they live, and also if the country they live in does permit online or mobile gambling too.
The one down side about using a web wallet a you preferred way of depositing money in any mobile casino site and when making a withdrawal from those sites and apps too is that they do charge some hefty fees for using their services.
As such if you are thinking about using a web wallet as the way you do move money into and out of any mobile casino site or for that matter any type of gambling site or app, make sure you select one that has the lowest set of fees or charges, or else your gambling budget is going to be diminished by you having to pay for those fees and charges when using such a payment method!
The main benefit however of using a web wallet when you make a withdrawal from a mobile casino site is that some of them now have banking interfaces and systems in place that will allow you to request a withdrawal from your account and get your winnings paid out instantly back out to your chosen web wallet.
The is another way that you may fancy paying for your deposits into a mobile casino site, and that is by making use of one of the never-ending number of cryptocurrencies that have been launched recently.
Obviously, some cryptocurrencies and much more popular than others, and many people have dabbled with Bitcoin or Ethereum at one time or another.
However, there are many fees to be paid when you first set about using for example Bitcoin, for you will have to first get yourself a digital wallet which is going to allow you to store your Bitcoin on the blockchain, and whilst a digital wallet is free you will have to pay fees when buying some from a digital currency exchange.
You are then also going to have to pay a fee when you want to exchange your cryptocurrencies back into fiat currencies, but having said that there are a few ways you can turn them into cold hard cash, many people use a digital currency exchange but some people will use one of the many Bitcoin ATM’s to turn their Bitcoin and some other cryptocurrencies into fiat currencies, but they can be quite expensive machines to use!
After having create an account in an online casino , you will be able to access the payment methods that this casino has. Generally you have to go to the "Bank" or "Deposit & Withdrawal" section. . You will have the choice between a multitude of payment methods, such as a bank card or electronic wallets.
It will be enough to click on the chosen method and at that moment you will have a form that will allow you to define the amount you want to deposit. If this is your first deposit, it is possible that in this form you can insert a bonus code. It may be a code for a free casino bonus or an exclusive bonus that will modify the welcome bonus. After validating, you will be redirected to the payment method. If, for example, it is a deposit with a bank card, you will need to enter the numbers of your card, exactly like an online purchase. If it is an electronic wallet, you will be redirected to the respective solution. Generally, you only need to identify yourself with your account (for example, Skrill) and then validate the deposit with the chosen amount. These two methods allow for almost instant deposits and withdrawals. you will be able to play immediately at the online casino .
However, if you choose the bank transfer method, you should have the casino's banking information (IBAN, BIC/SWIFT code, etc.). You will need to use your bank to make the transfer and wait several days for the deposit to appear. Usually, it will take one to three business days.
If you have won money and want to take advantage of it and withdraw your winnings, you must already make sure that you have fulfilled all the bonus conditions . The easiest way is to make sure before requesting a withdrawal and to do this it will suffice to contact casino support . You can take the opportunity to immediately say that you are going to make your first withdrawal and ask what documents you will need to send.
Online casinos nowadays are required to thoroughly verify your identity, just like when you open a bank account. Typically, you will need to send a copy of an ID document, proof of address, and a copy of the payment method used for your deposit. For example, if you used a credit card, you will be asked to take a photo (which can be a selfie) with you holding the credit card in your hand. Always remember to cover up any numbers if you are asked to provide photos of your card. Casinos are strict about this verification process because gaming licenses require operators to monitor all money transactions as part of anti-money laundering policies. Once you have made an initial deposit and withdrawal, rest assured that all future deposits and withdrawals will be processed very quickly.
Here is our ranking of payment methods according to our experiences and preferences:
- Bank card Bank cards (Visa, Mastercard, Maestro, etc.) remain the most universal means of payment. Virtually all online casinos in the world accept this payment method. The deposit is secure, just like an online purchase, and the money transfer is instant. It is also possible to make a withdrawal using this method. However, you will be asked to provide proof that you are the owner of the card used during the validation of your account (during the first withdrawal). That is why it is strongly advised not to use a bank card belonging to a relative or a third party. Another important factor to consider is that bank cards have "sliding" limits for security reasons, for example, a purchase limit of €3,000 over a one-week period. To avoid being blocked during a deposit and depending on your gaming objectives, it is necessary to contact your bank. If they are reluctant to increase your limits and only encourage you to get a slightly more "premium" card, it could be advantageous to consider using an electronic wallet instead.
- Electronic wallets An electronic wallet functions like an online bank. It was Paypal who started this trend on the internet. You have an electronic account (only accessible online) where you can see your balance, and it is possible to make deposits and withdrawals at merchants who accept this method. Generally, it is linked to a bank account. Money can be deposited with a debit card or bank transfer in most cases, and often money is withdrawn to a bank account. Some solutions even offer a debit card connected to your electronic wallet. The most well-known solutions are Skrill and Neteller, which are now part of the same group. Depending on your country of residence, these methods are often accepted at online casinos and offer several advantages. There is no need for additional verification, and deposits and especially withdrawals are instantaneous (after validation from the casino). For some people, these alternative payment methods are interesting for hiding your gambling activity from your bank.
- Bank transfer The final solution is bank transfer. The least convenient because there are always delays. However, bank transfer may be imposed on you when withdrawing from an online casino. They may accept multiple deposit methods but only allow withdrawal via bank transfer. This remains a perfectly secure solution, but you will generally have to wait 1 to 5 business days. This may also be suitable for those who do not wish to enter their bank information (especially card numbers) online, even if the transactions are secure.
At any rate, the best payment method is the one that will match your goals It is better to take the time to choose several online casinos that you like and then see what payment methods they accept. With this consensus, you can then choose a method that is valid on each casino. The credit card can often meet all the needs and does not require creating additional accounts, but an e-wallet can be advantageous for intensive use of online gambling. Additionally, there are occasionally additional deposit bonuses when using this method.