Withdrawing your winnings or depositing money in your online casino account: what are your options?
What is a deposit:
Making a deposit from your bank account
to a casino account
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The world of casino and online gambling has some unclear rules for those who would never have been interested in it and want to get started. Among the questions these people inevitably have is the question of how to fund and withdraw your money from your "casino account".
Indeed, a novice player may find it difficult to overcome this mental barrier and trust the institution in which he is about to play. Therefore, we decided to write an article with the sole objective of removing any potential shadowy areas around this theme.
Among these are the different options available to the player to make a deposit or a withdrawal in an online casino, and it is precisely this issue that will interest us today.
So, we will make as exhaustive a list as possible of the different options for depositing to your casino account, and we will highlight the advantages and disadvantages of each of them.
As you might have guessed, credit and debit cards are the first and foremost way for players to make a deposit into their account.
It was therefore impossible for us to ignore them!
Indeed, Master Card and/or Visa allow 90% of players to make transfers that are totally secure and 100% reliable. Focus on the two most popular payment methods in the world.
It's no secret that Visa credit cards are among the most popular credit cards in the world. As a result, and this in itself is already a big advantage, these cards are supported by 99% of the world's online casinos.
In addition, banking is relatively fast with a Visa card, so if you want to opt for security, Visa cards are an excellent option.
The main competitor to Visa cards is MasterCard. MasterCard cards are also very popular and allow you to make deposits very quickly (almost instantly).
As you will have understood, these two methods have many advantages in common, and what will guide your choice for one or the other will probably be your current bank! Their similarities don't stop at their advantages, since they have the same disadvantages.
Indeed, one of the only negative points that could be found in these credit/debit cards is that at the beginning (i.e. at the very first transaction), the player is obliged to manually enter his card. This means that you have to have your card close at hand.
This "slight disadvantage" has enabled companies (and in particular PayPal) to achieve huge turnover ... so it is not to be underestimated. Also, be careful to always use these cards in trusted establishments, as hacking them could cost you a lot of money.
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We are all aware that the exponential development of technology in recent years has literally killed the cheques.
If these are simply no longer used, there is an alternative solution: E-check.
This means that this is one of the most reliable and secure payment methods available to you.
Its only disadvantage is that still too few online casinos support this means of payment. If you want to find out which casinos do so, you can rely on the advice of our team!
2. Sofort banking
Sofort Banking is a means of payment based on the principle of bank transfer. Unlike the usual transfers, here you only have to check the payment and it spinwill be played.
It is the "practical solution" par excellence for online payments. Its only disadvantage is that the commission is almost 1% of your transaction, plus a charge of 25 cents per transaction.
3. Instant banking from Citadel
Instant Banking from Citadel allows you to make payments directly from your bank, even if you have to create an account! Payments can be made from just about anywhere in the world, and whenever you want.
Citadel also takes security very seriously, which makes this payment option particularly reliable.
Instadebit is a fairly well-known deposit/withdrawal method, particularly in Canada. It has many advantages that allow it to be part of this list. For starters, and this is its main strength, Instadebit allows you to make bank transfers extremely quickly.
Secondly, Instadebit allows you to carry out banking transactions from your mobile phone, which can be extremely convenient in certain situations.
Finally, from a security and reliability point of view, it is difficult to do better than Instadebit. It is not for nothing that this method is one of the most popular among gamers!
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E-wallets or electronic wallets:
Basically, this online payment solution allows you to entrust a third party with all your payment details, so that they can retrieve them at the time of payment to proceed with the payment.
The aim here is to simplify the payment process as much as possible, which will be reduced to the simple information of a login and password.
We are now going to present you with a number of tried and tested e-portfolios in which we have blind faith.
Ecopayz is an electronic wallet that allows you to send money very easily all over the world. This is one of its main advantages (beyond the fact that it facilitates your transactions, but it's obvious).
Indeed, it supports over 45 currencies, as well as prepaid payment cards! However, expect to pay commission fees (whether for foreign exchange or withdrawal transactions).
Neteller looks like any other e-wallet, but it has been in the niche for a long time now... online gaming. Nice coincidence, isn't it?
As far as security is concerned, you have nothing to worry about: Neteller has more than one million customers worldwide and its reputation is exemplary.
The first thing to say here is that when you compare Skrill to the other e-wallets we have presented to you so far, Skrill charges 1.9% to send money internationally, and that deserves to be highlighted.
Also, Skrill offers you to send money to your family or friends free of charge, and all transactions are simple and instantaneous.
The main quality of Entropay is the security of the service it offers; accidents are very rare, so you can trust this payment solution with your eyes closed.
Please note that you can deposit amounts ranging from $15 to $1500 into your "casino account". Withdrawals are instant and extremely simple to make.
Giropay has three main advantages:
- First of all, no prior registration is required to use this service;
- Then, the entire payment process is managed by the bank concerned, which increases the reliability of the service in general ;
- Finally, once you have made the payment, your money will be transferred directly to "your casino account".
It is difficult to find any drawbacks to this solution when it is used for payments in online casinos.
Prepaid cards and other prepaid options:
The main advantage of Paysafecard is its ease of use. In fact, three simple steps are all it takes to fully use your Paysafecard :
- First, you will need to find the nearest point of sale for your Paysafecard. A few minutes of searching should be enough;
- Then, go to the selected point of sale to get your card;
- I mean... pay online or live without any delay;
Here too, it is difficult to find a negative point to this service. In fact, if you want to play online and don't feel like filling in your bank details, Paysafecard may be the ideal solution!
2. Prepaid Visa and Mastercard
Prepaid Visa and Mastercard cards allow their users to make payments and withdrawals anywhere in the world. In addition, they are a safer alternative to cash, since if your card is lost or stolen, you can get a new card 100% free of charge once you stop using it.
Finally, these cards are very easy to obtain and reload. Simply top up your Visa/Mastercard prepaid card to a certain amount and then reload it when it is depleted.
As you can see, these cards are all the more useful because they prevent users from overspending, since they are zeroed out and need to be topped up again.
The difference between depositing and withdrawing:
Now that you are familiar with most of the deposit and withdrawal solutions for online casinos, it's time for a gentle reminder of these two terms.
Indeed, many beginners confuse the fact of depositing and withdrawing, so let's take the time to clear up a few things.
Thus, "depositing" money into your casino account means that you fund your casino account from your bank account. Conversely, "withdrawing" money from your casino account means you fund your bank account from your casino account!
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This article about the different means of withdrawal and deposit in online casinos is now finished. It is quite extensive and has a lot of information, so feel free to come back to it if you have any doubts about any of the points covered!
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