Getting started with online casino money transactions.
Many people around the world are getting into the world of online casinos, as they have become a main source of entertainment. However, one of the main concerns for new players is related to creating a casino account and how secure it is to make a deposit so they can play for real money.
When talking about people’s first experience at an online casino, they are afraid of sharing their financial information; they wonder what options are available to make a deposit, or if there are any tricks or issues to gambling deposits they should know about.
The truth is, that depositing money at an online casino is not that different than making a purchase from a website store. Advanced technologies make it easy and secure to fund a casino account.
Minimum deposit casino
Before we get into the different deposit methods, we need to mention there are some online casinos that allow players to make really low deposits (sometimes as low as $2 or even less), these are called minimum deposit casino.
Most casinos require a bigger investment, and this enables them to offer some deposit methods that aren’t available at min deposit casino websites. This is why deposit methods can vary depending on the type of casino, and also on the gambling laws of each country.
There are not a lot of payment methods that accept such low deposits, but they are growing due to the demand by players. Each paying method sets a minimum amount for each transaction. The most common methods for minimum deposits include prepaid vouchers and mobile payments.
Many players wonder, is it worth it to play at a low deposit casino? The answer is yes, especially if you are a new player and you are just getting started; if you don’t want to spend a lot of money and you want to start small.
The thing is, this kind of casinos are rare, mostly because most casinos want players to invest lots of money, and also because casinos have to pay a fee for every transaction made, that is why fewer and larger deposits are better than lots of lower deposits.
Online casinos deposit methods
Credit and debit cards: This is probably the most common method in the world today. Visa and MasterCard are the most accepted, but some sites also accept American Express. The main issue with this method is whether the transaction will be accepted, for bank’s policies vary depending on the country and how they handle gambling transactions. This means that the same card could be denied at a certain casino, and accepted at another one. Sometimes it takes a bit of testing before finding a site that works with your card. Especially in the USA.
E-Wallet: These applications allow you to store money in an account so you can spend it online or transfer to your bank account. There are lots of e-wallets you can use, like PayPal, Neteller or Skrill. Neteller is the most known among online gambling websites.
Banking account: You can also use your banking account to make a deposit casino transaction. There are many ways to do this, like wire transfer from your bank, or e-check to deposit funds in your casino account. Another option is using online banking, but as credit cards, it depends on the bank and country policies regarding gambling transactions.
Prepaid options: This is an alternative for players who want to avoid sharing their personal and financial information from bank accounts or credit/debit cards with the casino´s website. You can purchase (with cash if you want) a card or voucher, for a certain amount of money, from a vendor; then you can use that stored amount depositing the voucher at the online casino. Using this method, you avoid using credit cards or bank accounts.
No deposit casinos
There are also some casinos where you don’t have to make a deposit and you can just use a no deposit bonus casino code. The free no deposit bonuses have to be claimed before depositing real money.
If you are a new player you can register at a no deposit online casino, but make sure it is a regulated and licensed one.
It is important to know that the casino shouldn´t require any deposit in exchange for the bonus. However, you should always read the terms and conditions, for sometimes you may be required to make at least a $10 deposit online casino wager.