Online casinos accept a wide variety of deposit methods. Examples include credit cards, Bitcoin, web wallets, echecks, and bank wire transfers. The sheer number of banking options might confuse new players.
In this article, we analyze each online casino deposit option available to you. Each review includes the deposit speed, as well as the minimum and maximum limits. Our analysis also covers the security level each banking option provides. Our goal is to help players identify which is the best payment method for them.
Read this guide to online casino deposit methods so you can learn how to make a first deposit at an online casino. This page also shows players how to check for available bonuses, whether it’s welcome bonuses or reload bonuses. Players should remember that these promotions lower the house edge and stretch their casino bankroll.
All About Online Casino Deposits
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Online Casino Deposit Methods
Each of the online casino deposit methods below have pros and cons. Visa and MasterCard are available at most sites, while offering cashback rewards. Cryptocurrencies like Bitcoin are fast and safe, yet also private and transparent. Echecks safely move money from your bank account to the player account, while bank transfers do the same.
These are the most popular online casino payment methods:
Is It Safe To Deposit Real Money At An Online Casino?
Online casinos assure the safety of your deposits through the technology they use. A site’s verification process is also key to the safety of your deposits and payouts.
Players can determine whether an online casino is safe in several ways. Its gaming license provides credibility. Learning about the authentication process and on-site security gives players more peace of mind about deposits and payouts.
Here are the different aspects that players should consider when evaluating a casino’s safety:
- License and Regulation: A government agency audits the website for fairness and safety. The license assures players that the casino is safe and fair.
- Player Authentication Process: Players submit documents to the casino to prove their identity. Players fax credit card information (without CVV) and proof of address to the cashier department.
- On-site Security (SSL): SSL stands for Secure Sockets Layer and is the cutting edge of site security. Casinos need SSL certificates and 128-bit encryption.
- Customer Protection Policies: The cashier verifies your identity every time they send a payout. Withdrawal times assure that your identity is secure and might be longer on your first payout.
- Secure Payment Methods: Credit card companies, banks, and cryptocurrencies have their own security measures. These add another layer of protection for you.
Make Secure Deposits At Our Top Online Casinos
|RANK||ONLINE CASINO||BONUS||DEPOSIT RATING||PLAY NOW|
|#1||Red Dog||225% up to $12,250||Deposit Rating: A+||Play Now|
|#2||El Royale Casino||250% up to $12,500||Deposit Rating: A+||Play Now|
|#3||BetOnline||100% up to $3,000||Deposit Rating: A||Play Now|
|#4||Wild Casino||100% up to $5,000||Deposit Rating: B+||Play Now|
|#5||MyBookie Casino||150% up to $750||Deposit Rating: B+||Play Now|
Minimum Deposit Online Casinos
Below is a handy table with the key information on our most trusted online casinos – all of which allow players low deposits.
All five accept payments with Visa and MasterCard, while several allow Amex and Discover Card deposits. Bitcoin, Litecoin, Ripple, Litecoin, and Ethereum are the cryptocurrency banking options.
|Online Casino||Deposit Methods||Minimum Deposit|
|Red Dog Casino||Credit Cards, Bitcoin, Visa and MC Gift Cards, Neosurf||$10|
|El Royale Casino||Credit Cards, Bitcoin, Visa and MC Gift Cards, Neosurf||$10|
|BetOnline||Credit Cards, Cryptos, P2P, E-Wallets, Bank Wire, Check||$10|
|Wild Casino||Credit Cards, Cryptos, P2P, Money Orders, Bank Wire, Check||$20|
|MyBookie||Visa, MasterCard, Cryptos, P2P||$45|
How To Make An Online Casino Deposit
In the space below, we give a step-by-step guide to making a deposit at El Royale Casino. The other four options have a similar process, though they might differ slightly. Use the example below if you choose one of the other casino sites.
- Visit El Royale Casino: Go to the El Royale homepage. Choose “Create Account” or “Deposit” when prompted to start the registration process.
- Create an Account: Follow the prompts to create a player account. Give your name, username, email address, and physical address. Verify your account via the email El Royale sends to your email address.
- Visit the Cashier Page: Log in under your account. Click on the “Cashier” link in the top left of the homepage. This takes you to your cashier page.
- Pick a Deposit Method: You’ll be shown a list of deposit options. Choose the deposit method of your preference by clicking on its link.
- Make a Deposit: Click on the bonuses link and get the required coupon code. Next, choose how much you wish to deposit. Verify the amount and click to make the transaction. Use the welcome bonus’ promo code.
- Play for Real Money: Now that you’re made a deposit and received a welcome bonus, it’s time for the games. Click on a game link and start playing for real money.
Deposit Bonuses At Online Casinos
Deposit bonuses are promotional tools used by online casinos. They convince players to either sign up for a player account or make a payment.
Welcome bonuses tend to be the most attractive for most players, but a wide variety of bonus promotions exist.
All bonuses come with rollover requirements. The rollover is the amount of times you must wager a bonus amount before you can withdraw the bonus and winnings collected from betting the bonus cash. The lower the rollover, the better the bonus offer is.
Welcome Bonus: Money added to your player account when you make a first deposit. Sometimes, casinos offer bonus cash on your first several payments. It usually involves the most cash with the highest match rate.
El Royale offers a $12,500 Welcome Bonus.
Reload Bonus: Cash given to loyal players after they’ve been a member for a time. Often, these are part of weekly or daily bonus packages.
BetOnline has a 20% Casino monthly reload bonus.
Game-Specific Bonus: Bonuses that stipulate that you play a certain game. The most common is a slots bonus, which often covers play on slots, Keno, and scratch cards. Players seek table game bonuses most of all.
El Royale offers a 165% Slots bonus every day.
Free Bonus Chip: A special bonus given to players who achieve a high rate of play. Some sites give bonus chips for birthdays or on the anniversary that a player joined a casino.
Cashback or Rebate Bonus: Given when a player loses all their cash from their last deposit. For instance, a site might offer 25% of the last payment.
BetOnline offers a 10% Weekly Casino Rebate Monday to Thursday.
Free Spin Bonus: Often given along with a deposit bonus. The site offers a certain number of free spins on a select online slot. The slots often change from month to month.
Wild Casino’s Slot Stampede gives VIP Players 10x Freespins
No-Deposit Bonus: House money that is given for signing up at the casino site. Each player can have only one player account.
Online Casino Payment Methods
The payment methods below are the most common ways you can fund you player account. We rate certain deposit types higher because they are faster and don’t require fees. Use the pros and cons below to decide which payment method you prefer.
Credit/Debit Card Deposits
The most popular banking method is credit or debit card. Thousands of online casinos accept Visa and MasterCard. Hundreds of sites accept American Express. Gift cards and credit cards with the Visa, MasterCard, and Amex logo also work at most sites.
Credit and debit cards are fast and secure. Use Visa, MasterCard, and Amex deposits for your card’s cashback rewards program. When it’s time to withdraw cash, though, sites don’t always support credit card payouts.
Cryptocurrency deposits are the fastest and safest way to fund your account. Bitcoin and the other altcoins use blockchain technology to ensure secure payments. Each time you pay using a cryptocurrency, the blockchain updates and you receive a new passcode. Identity thieves simply cannot steal your code, while your anonymous payments are available for all to see.
Online casinos accept several different cryptos: Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, and Ripple. Deposits are instant, while payouts happen within hours. None of them charge transaction fees.
Players prefer check deposits if they want to move money directly from their bank account to their casino player account. Echeck deposits are more popular because they move the cash electronically. This makes e-checks faster.
Bank checks go through snail mail to the online casino’s headquarters, so they take longer to work. Most players opt for echeck deposits for that reason.
Bank Transfer Deposits
Bank wire transfers are a popular deposit method because they move money from your bank account to the casino site. Players who deposit using credit and debit cards also use bank transfers for casino withdrawals.
Bank transfers are a proven, secure method for transferring cash. The drawback is they sometimes cost a fee. Also, while bank wire transfer deposits are instant, payouts using the method take longer.
Player to player or P2P transfers let people send money to their friends’ accounts within minutes. Simply go to your Cashier page, click “P2P Transfer”, and enter the amount and the receiver’s username.
Drawbacks include a limit on the size of the transfer. Also, players who use P2P transfers as their first deposit must remember to contact the cashier to have the welcome bonus apply to the transfers.
|Player 2 Player||
Now You’re Ready To Make Your First Online Casino Deposit!
The best online casinos support a variety of banking options. Credit cards like MasterCard and Visa are essential, but many people don’t like to turn over their credit card information. Having a choice among cryptocurrencies, checks, and wire transfers means you can choose the payment method you prefer.
With full knowledge of the best banking options, you can make an informed choice. Use the tables above to find the payment method and minimum deposit level you prefer. Now that you have the options before you, choose a banking method and make your first online casino deposit today.
All Your Casino Deposit Questions Answered
Who can help me if I encounter a problem while making a deposit?
If you have a problem with a deposit, click on the cashier page and send a support email to the cashier department. If this isn’t available, click on the Live Chat feature and speak to a customer representative.
Remember to put “deposit issues” in the title of the email or chat request.
Why was my credit card deposit rejected?
Visa, MasterCard, and Amex are networks comprised of thousands of banks and financial institutions. Each credit and debit card you own might be issued by a different bank. When you make a payment, that bank decides whether to accept or reject the payment request.
Payments made to gaming sites have a special code. If your bank declines payment, they might not make deposits to sites with that code.
Discover Card, for example, declines international payments unless you call the bank that issued the card and tell them to accept the charge.
Thus, if your card declines, you should call your bank to settle the issue or use a different card.
Why is my bank transfer taking so long?
When you make a withdrawal request, the online casino’s cashier department has a verification process. This takes between 12 hours and 48 hours in most sites.
Once the site approves the payout, then the bank transfer might take 5 to 7 business days. This waiting period is beyond the control of the online casino. Usually, it’s this wait period that takes long.
Why are cryptos the preferred deposit option for casino operators?
Cryptocurrencies use blockchain technology for payments. When you make a deposit, the transaction updates on the blockchain. It’s available for all to see, yet your information is private.
Beyond that, the blockchain sends you a new passcode. The code you just used is useless to identity thieves, so they can never steal your information.
Cryptos are the most secure payment method. Because of this, online casinos approve Bitcoin payments quicker than other methods, which also makes it the fasted payment method.
The combination of safety and speed makes cryptos the preferred deposit option for casino sites.