Gambling Banking Options

Funding your online gambling or betting account is the first step you’re going to take towards playing your favorite casino games online. But, if you’re brand new to online betting, this could be something you’re not too familiar with.

In the sections below, we’re going to introduce you to every single gambling deposit option available (including the most popular ones), show you how to select the one that is right for you, and give you tips to get the most out of your deposits. If you’re ready to get into the gambling action, but you want to do it the safe and correct way, you’re in the right spot.

While there are tons of deposit options to fund your online gaming account (we’ll cover every single one of them further down this page), we wanted to highlight the most popular options first. These are the options that you’re going to run into the most and the ones that most people tend to prefer when making their deposits.

We’re going to give you a brief introduction to each and then we’ve got a link to a dedicated page where we break down everything you could ever want to know and recommend the top sites out there offering that form of deposit option. This is the best and quickest way for you to get into the action at a reputable online gambling site.

Credit/Debit Cards

Probably the most common and easiest way to fund your online gambling account is through the use of your credit or debit card. Now, depending on who your bank is you may have to give them a call, or you may have issues with this method. But, if your bank plays nice which more and more are doing these days, you should be able to have your gambling account funded pretty much instantly with the use of your credit or debit card.

If you’re ready to get playing and want to use your debit or credit card, check out the link we’ve provided for you below. We’ll show you all the important details of this deposit option as well as recommend some awesome online casinos that accept credit and debit cards.

eWallets

If you have trouble with the credit or debit card option or just don’t to put your banking information out there, the best solution for you will be an eWallet. An eWallet is a third party company that handles your online purchases and banking for you. That way you only have to give your information to one company, and then you’re free to use them to do anything and everything you need to on the web.

Some of the most popular eWallets out there that you can use to fund your gambling account with are PayPal, Skrill, Neteller, PaySafeCard, and Click2Pay. There are many more options that we’ll cover later on in this guide, but these are the most popular ones that you’ll see at a lot of online gambling sites. If you’re ready to get started playing and want to use one of these specific options, check out the links we have for you below. Each link will tell you everything you need to know about the respective deposit option as well as recommend some of the top online casinos and sportsbooks accepting those options.

Cryptocurrency

One area of the world that has fully embraced cryptocurrency is the world of online gambling. Because of the lower or no fees and the ability to operate across international lines much easier, crypto and online gambling are a pretty good pair. Now, if you’re brand new to crypto, we highly recommend that you take some time to understand it before you even think of starting to use it for online gambling. It does operate much like a normal currency, but there are some marked differences that you need to be aware of.

If you’re interested in getting active in online gambling using cryptocurrencies, check out the links we’ve provided below. These are the three most popular forms of cryptocurrency. The respective links will break down how each of them works, what you need to know to get started and recommend some of the top online casinos accepting cryptocurrency as a form of deposit.

Bank Transfers

The last option we want to talk about in our most popular section are bank transfers. A bank transfer is when you deposit money to an online casino directly from your bank account. Usually, this will require your routing number and account number and potentially some additional verification for your safety. Some people like this option because once it is set up it is extremely easy to use and can also be used in reverse as a quick withdrawal method. But, some people are hesitant to provide their banking information to an online casino.

Ultimately, it’s going to come down to your personal preference. If you’re playing with a reputable casino, you really don’t have much to worry about in terms of safety. If you’re interested in learning more or getting started at an online casino offering deposits through bank transfer, check out the link we’ve provided for you below.

If you’re a little lost about which deposit option is right for you, we wanted to give you some tips and parameters you could look at to try and figure this out. While most of the options we’ve recommended above will be just fine, we do want you to be able to find which option is the actual best for you. Here is what you should be looking at.

What’s Available In Your Area

The first criteria that you’re obviously going to have to look at is what deposit options are available in your area. Because most deposits are done through or involving third parties in some capacity, the online casinos must abide by the guidelines that those third parties set out. A lot of times, these third parties are only set up to service certain parts of the world or can’t operate in certain countries due to legal restrictions.

Obviously, if a deposit option is not available in your area, you’re not going to be able to use it. What’s the best way to see what’s available in your area? Well, the long way would be to flip through every one of the deposit pages we’ve written out to see, but that’s not really feasible. The easier way to do this is to choose an online casino and then navigate to their deposit page. They will have systems that automatically detect your location and then only show you the deposit options that are available to you based on that information.

Most of the popular options we recommended above are available worldwide, but as you get into the smaller options we have listed below, you’re going to start to see some limitations in certain parts of the world.

Limits, Fees, and Red Tape

Speaking of limitations, it’s not the wild west out there when it comes to depositing money into your online gambling account. There are going to be some limitations and occasionally a little red tape that you need to be aware of.

First, let’s talk about limits. Different deposit options are going to have higher and lower upper and lower limits. Some options will be great for people making small deposits while you might have a minimum to meet with other options. On the other end of the spectrum, if you’re a big player and making a big deposit, you may need to seek out an option that can accommodate your transaction.

If the limits you see aren’t what you need them to be, you do have a few additional options. One, you can contact customer support and see if it’s possible to get them raised. It’s not likely as they are usually in accordance with the third party participants, but it is still worth asking. Two, you can always do multiple transactions if you need to get more money loaded up than the limits will allow.

Regarding fees, any reputable online casino or sportsbook is not going to charge you fees on your deposits. They may charge you something when you make a withdrawal in some cases, but they should never be charging you anything on a deposit. While there are fees associated with getting your money online, you should never see those as the sportsbook or casino should be covering those. To you, it should look like and be a 100% free transaction.

The last thing we want to mention is that with certain deposit options, you may have to provide some additional information or fill out some additional forms. This is rare, but it does happen from time to time with some options. Keep in mind that if the casino is asking you for this information, it’s for your protection. They want to make sure that the money being loaded into your account is really yours and that when they turn around to release funds for withdrawals, it goes to the same account as well. It might be a little annoying to have to do a little extra, but just remember it is all done to protect you and your funds.

Looking Forward to Withdrawals

With some of the deposit options, they can also double as withdrawal options. So, when you get ready to pull off your winnings, you’ll be able to use a lot of the same options but just with the money going the other direction. That being said, a lot of these options will require you to make a deposit through the option before you can start using it as a withdrawal option. This is a one-time thing, but it’s something to protect you and make sure that when they release the money, it is 100% going to the correct account.

So, if you want to be ahead of the curve, start looking at the withdrawal methods and see which option you are going to want to use to take off your winnings. If it is required that you make at least one deposit through that option first, then it would be wise to go ahead and use that option to make your deposit. That way for the life of your account you will always be able to get your money off through that method without having to make an additional small deposit to verify the account.

Convenience

Getting money onto an online gambling site is not supposed to feel like a chore. Thankfully, most of the more popular options have gone to great lengths to ensure the process is simple and quick. But, that being said, there are options that are going to be more convenient for some based on what your personal situation is.

What we recommend you do is find the option that you like that is most convenient for you. If you don’t have a debit or credit card, that’s probably not the best option for you. If you have a particular third party eWallet already set up, then that’s probably going to be the simplest and quickest method for you to get your account funded.

Again, it’s all going to depend on your situation and what works best for you. Just make sure that you are taking convenience into account especially if you anticipate having to make more than one deposit in the lifetime of your gambling or sports betting career.

Deposit Bonuses

Once you’ve found a reputable online sportsbook or casino that you want to deposit with, you should take a look to see if they have any deposit bonuses. As most of them will, you may want to look to see if they have any specific bonuses for different deposit methods. Because they are eating the fees on your deposits, they may be more inclined to push you to use an option that saves them a little money. If they can throw you part of those savings, we’re all for it.

Now, a few things that should go without saying but we want to make sure we clarify. One, don’t use a deposit method you aren’t comfortable with just to get a deposit bonus. While free money is great, peace of mind is much greater. Two, don’t go to a less than reputable online sportsbook or casino just to get a deposit bonus even if it’s with a deposit method you like. The risk you take when doing that is nowhere near the benefit that you’ll get in freebies.

While we’ve already listed the most popular deposit options above, that does not mean any of those are the right option for you. Hopefully, you only have to deposit once, but if we’re being realistic that is probably not going to be the case throughout the life of your gambling or sports betting career. That being said, it’s important that you find the option that works best for you and a site that accepts it.

Below, you will find the complete list of all the available gambling deposit options. We are constantly adding and removing options from this list as they become available or become obsolete so check back if you ever need to find a new option to fund your accounts with.

The last thing we want to address today is how to get the absolute most out of your first deposit and your online gambling experience. While the online casinos and sportsbooks go a long way to make things user-friendly and easy to understand, there are little things that you can do to enhance your experience and make things go that much smoother. If you have a few moments, check out these tips that our experience team has put together to help you out.

Fill Out Withdrawal Forms

You normally aren’t told this upfront, but when you go to make a withdrawal from your online casino account, there is usually a little bit of paperwork you have to fill out. The casino has to do their due diligence to make sure that they are releasing the funds to the right person. But, this page is about deposit options, so why are we telling you this?

Well, sometimes these forms can take a few days to get processed. If you wait until you’re ready to make a withdrawal, you’re going to be stuck waiting a few extra days to get your hands on your winnings. But, if you go ahead and fill these forms out right after you make a deposit, then you’re going to be set to withdraw when you’re ready to. It won’t bother you to wait a few days right now to get these forms processed, but you might find it annoying when it happens when you’re trying to get your winnings.

Look for Deposit Bonuses

We’ve already said this, but we want to say it again before we talk about deposit bonuses. Never go to a less than reputable online casino or sportsbook just to get your hands on a lucrative deposit bonus. Shady casinos and sportsbooks will use deposit bonuses and other promotions to try and mask the fact that they have problems and don’t have their acts together. Free money is only great if you can actually get that free money off the site and into your hands.

That all being said, let’s talk about deposit bonuses! The reputable online casinos and sportsbooks do quite a bit to try and win your business, and one of the biggest and most popular things they do is offer deposit bonuses. After you’ve narrowed down which casinos you want to potentially play at, look to see who is offering you a good deposit bonus and take advantage of it.

Keep in mind that bigger deposit bonuses might be offered for different deposit methods so if you’re flexible, keep that in mind. This usually is just the case with using cryptocurrency, but anything is possible, and it doesn’t hurt to look just in case.

Contact your Financial Institution First

If you’re using your debit or credit card to make a deposit, there is a chance that the transaction may get flagged by your bank or financial institution. This is common when the bank sees a new charge that they are not used to. If you’re planning on using this method, you can always give it a shot and then contact your bank afterward if it does not work. Or, you can reach out to them before you try the transaction and just let them know that you’re going to be make a purchase online and you do not want it to get flagged incorrectly.

Use a Third Party eWallet If You Have Concerns

For those of you that are still hesitant about using your banking information to make a deposit online, we recommend you use one of the third party eWallet sites. Why? Well, the eWallet operates as a middleman which insulates your banking information from the sites you use it at. So, let’s say you trust PayPal but you don’t want an online gambling site to ever see your banking information. If you use PayPal to make your deposit, your information will never be sent to the gaming site. PayPal will privately take the money from your account and then use their banking information to make the deposit.

While it’s not necessary to be this cautious, we won’t blame you for wanting to be.

We hope you’ve enjoyed this massive collection of information on online gambling site deposits. We continue to do our best to keep this information as accurate and up to date as possible so you can make the most informed choice about which deposit option and which gambling sites are best for you.

If you’re still on the fence about which option to use, we recommend starting with one of the popular options we laid out at the beginning of the article. These are the most popular and the ones that work the best. If you’re really still on the fence and just need us to tell you what to do, try one of the eWallets like PayPal or Skrill (if you’re not in the US).