Casino Banking Methods

Depositing or withdrawing from an online casino involves the use of one or more of the many banking methods listed in the table below. Most casinos support a common basic list which includes credit cards such as Visa and Mastercard, popular e-wallets such as Neteller and Skrill, along with bank transfers and cheques for withdrawals. Many of the less commonly accepted methods are local to a particular country. You can change the sorting of the list by clicking the table headings.

List of casino banking methods

Advice on choosing a banking method

Foremost in your mind when making any kind of financial transaction online should be the protection of your banking and card details. Playing at a casino is no different, so we advise players to try to minimise the use of their card or banking details across different casinos. The easiest way to do this is to open an e-wallet account with a company that acts as an intermediary when you deposit and withdraw from a casino. You supply your card or bank details to them once then you never have to give that information to a casino. The options open to players varies with the country you live in, but we have some general advice below for U.S. and non-American players below.

One thing we cannot stress enough is to avoid using credit to fund your gambling. If you prefer to use a credit card to purchase things online, then we highly recommend that you contact your bank and organise a debit card for playing at casinos, or purchase one off gift or debit cards with cash at your local store. A debit card is almost identical in all respects to a credit card, with the important distinction that you cannot overdraw your bank account and gamble with money that you cannot afford to. These days regulators in some jurisdictions such as the United Kingdom have banned the use of credit cards to fund online gambling, and we would not be surprised to see others follow suit in time.

Non-U.S. based players

With the above considerations in mind, we recommend opening an e-wallet account with a service that gives you a choice of using it at the casinos that you like to play at. Two of the most popular and convenient ones are Neteller and Skrill (formerly known as Moneybookers), and some casinos in regulated jurisdictions are now accepting well known options such as Paypal. The benefits of an e-wallet are several. Deposits from the e-wallet to a casino are instantaneous, and withdrawals can be processed in the shortest time possible as once approved by the casino it is a totally electronic process. The e-wallets themselves often have a wide variety of methods to fund the account, more in fact than the casino. As mentioned, you only ever need to supply your bank account or card details to one place rather than every different casino that you decide to play at. Lastly, some e-wallets such as Neteller and Skrill offer their own debit cards that allow you to withdraw directly from your e-wallet account at ATMs around the world, which can be mighty convenient.

Players from the United States

Due to the vague and not very well understood UIGEA law, payment processors and credit card companies have taken a safety first approach which means no gambling-related transactions for U.S. customers. As a result the vast majority of banking methods will not in fact work for U.S. based players. Casinos servicing players from the USA typically offer a mix of debit cards and crypto-currencies such as Bitcoin, with the casino paying withdrawals via check, wire, money transfer services, or Bitcoin.

Our recommendation is to familiarise yourself with electronic peer-to-peer currencies, with the most popular by far being Bitcoin. Otherwise you can try to make use of prepaid debit cards for your deposits. This can be a process of trial and error as some will work and some won't, and the ones that do and don't work can change over time. We cannot stress enough that U.S. based players should avoid e-wallets for the time being due to the long hold periods on withdrawals and the risk to your funds from seizures or disappearances, like we have seen in the past with services such as QuickTender, eWalletXpress, and MyPayLinq. If your casino won't pay withdrawals directly to you via Bitcoin, a check, wire, or money transfer, and instead insists on using some new and unheard of e-wallet, find another casino.