Online Casino Deposits

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

Online Casinos With The Best Banking Options

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:

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.

Payment Method	Pros	Cons
Credit Cards	Fast and Secure Credit offers cashback rewards Gift Cards and Prepaid Cards work	Slower withdrawals than cryptos Sites don’t always support credit & debit withdrawals Cards sometimes decline

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Cryptocurrency Deposits

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.

Payment Method	Pros	Cons
Cryptos	Fast and Secure Private Transparent	Not all casinos support cryptocurrencies Need a Bitcoin wallet Must buy units on a Bitcoin exchange

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Check Deposits

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.

Payment Method	Pros	Cons
Checks	Echecks are fast and secure Directly moves money from your bank account Low processing fee	Checks go through snail mail Must give banking information

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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.

Payment Method	Pros	Cons
Bank Transfers	Instant Deposits Safe and Secure Also work for payouts	Cost a fee Payouts take longer

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P2P Deposits

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.

Payment Method	Pros	Cons
Player 2 Player	Make a deposit from a friend’s account Move money to a friend’s account Get paid within minutes	Lower deposit limit Extra action to get welcome bonus Casino review of transaction sometimes takes up to 24 hours

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.

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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.