Factors to consider while choosing a banking method
How to get a smooth payment experience with a gambling site? To choose wisely from all the banking methods available to players, of course. Follow our tips to avoid disappointing consequences.
- The banking option of your choice must be 100% secure and reliable
- The banking method should match the playing style of yours
- Make sure you are aware of all the fees which come with the chosen option
- The method of your choice should support gambling-related financial operations
- The betting site you want to use supports the banking method of your choice
Banking methods depending on geography
It’s not really a problem to fund your account for deposit or withdrawal. Online casinos that accept players from different countries also support local options. Thus, to Canadians they offer InstaDebit as one of the options. The same situation is in the USA, UK, Australia and other countries. Find out what options are available to players from your country.
Gambling Sites banking Methods FAQs
You ask, we answer. You will probably find the information you look below in this article.
What payment options are available to me as a user of betting sites?
It depends on the site of your choice. Although, most of the sites have a standard set of payment options which include bank cards, eWallets, and even cryptocurrency. Coming to the new gambling site, check out the information in the payment methods section. Start playing, if you see the preferred option in the list of the available payment methods.
How soon will I get my winnings?
It depends. Each banking method has its own periods of processing. Some are instant, others may take up to 5 banking days. Normally it’s not longer than a couple of days. This information is available in the special section of the site. Other factor that can influence the term is the amount of money you want to withdraw. Keep in mind, that some banking methods require verification. If you want to speed up the process, choose eWallets or mobile pay operations.
How to make a secure deposit?
First of all, you should use the services only of reputed and properly licensed gambling sites which ensure good digital encryption or similar technologies to protect your personal data from third parties. You can read about the methods of the site for your protection in a special section or on a special page. To further protect your data and stay absolutely anonymous, use prepaid cards or eWallets.
Does cashing out require verification with documents?
Anti-money laundering laws require players to present their documents to gambling sites before they are allowed to withdraw funds. The purpose is identification. Passport/residence document is normally enough, although the site can additionally require more information. But you need to understand it has nothing to do with the whims of the site itself.
Is withdrawal as easy as deposit?
Unfortunately, it is not.
It’s normally easier to make a deposit than to withdraw money. The first is instant, while the second can take several days depending on the chosen banking method and amount.
Is the sum of withdrawal anyhow limited?
It depends on the online casino. In fact, it can limit your weekly or monthly withdrawals with a certain maximum amount. Banking methods can influence too. Read the information on the payment methods page to find the answer.
Is a credit card a must-have for me as a player who prefers to play for real money?
No, you can choose other banking methods – it’s up to you. E-Wallet, for example, allows to deposit or withdraw money instantly or fast.
What if I cannot deposit funds?
Normally, client support live chats work really well at the sites that care about their reputation. You can reach them really fast. Alternatively, try to contact specialists of the site via email, phone or social media accounts. As a rule, they work on a round-the-clock basis.
What method of payment should I choose if I want to get my money asap?
Mobile pay or e-Wallets ensure the fastest withdrawal of funds.