Understanding Different Casino Deposit Methods
While there are vast differences between all kinds of online casinos, you can bet there are certain features that run through them all, too. One of these involves payment methods. While there are variations from one site to another and no two sites have the same mix, you'll see some facilities cropping up frequently.
Card methods
Many casinos offer two or three options under this heading:
- Credit cards
- Debit cards
- Prepaid cards
The range you might see will vary according to the laws in certain countries and the preferences of the casino. For example, the UK does not allow credit card use at online casinos. You should find a range of options available at lots of US-friendly casinos though.
Online wallets
Think about Neteller, Skrill, and PayPal for starters, then add all the country-specific ones you only see at relevant casinos. If you've already got an account with one of these sites, or a similar one, it makes sense to stick with that if you can.
Cryptocurrencies
It's not all about Bitcoin anymore… you can try any one of a series of virtual currencies across a range of casinos. There are crypto-specific casinos you can use, while many existing casinos have added one or more virtual methods to their roster of payment methods.
Look at whether you can use a deposit facility for withdrawals as well
Don't assume you can as this isn't true of all facilities, nor is it true for all casinos. For instance, you may find that PayPal is finer for deposits at one casino, yet another site welcomes it for deposits and withdrawals. You may not be bothered about using one method for everything, but it does have the advantage of being convenient.
Are there bonuses for specific deposit methods?
The best - although not the only - example of this is to get a bonus for depositing via Bitcoin. This could be a free chip or an increased bonus amount. We've seen deals for credit cards and for Neteller too though, so don't assume all deposit bonuses are related to crypto methods.
While some casinos have a small range of banking options to go through, some offer far more. The trick here is to make sure you can source the best option for your personal requirements every time.