Casino Banking
Choosing how you intend to deposit into an online casino is an important decision once you have decided where you will play. You will have to consider if your preferred deposit option is available which is outlined in each casino review and whether you can withdraw using the same cashier wallet or if you will be required to setup an additional banking account.
Below we have reviewed all the major casino banking options that are available when taking the step to fund your online casino account. We have also listed the best casinos to play at for each cashier option with some insight into their advantages and disadvantages.
Don't forget you can get good odds on the Melbourne Cup, Crown Oaks, Emirates Stakes, Cox Plate and Victoria Derby.
Neteller Review & Casinos
Neteller is one of the most popular casino banking options for longtime gamblers. Allowing for secure deposits and withdrawals with minimum fuss, opening a Neteller account could make your casino gambling much easier.
What is Neteller?
Neteller is an eWallet with a lot of support from online gambling sites. eWallets are like online bank accounts that you use specifically for making secure transfers of cash. Neteller is one of the most trusted eWallets for online casino patrons, with a proven history of excellent service and fair treatment of its customers.
Using Neteller at an Online Casino
When using Neteller at an online casino, you need to make sure you already have a fully functional Neteller account. Once you have arranged that, then you should look for the Neteller option in the cashier section of the casino software. You will be asked for your Neteller account number, after which you should confirm the details of the transaction before putting it through.
NetellerAdvantages/Disadvantages
The major advantage of Neteller is that it is a secure way to transfer money online and a very convenient way to withdraw your winnings. Anyone who uses more than one online casino or betting site should have an eWallet, and Neteller is widely accepted.
The main disadvantage of Neteller is the time it takes to set up an account initially. Also, players from the USA and some other jurisdictions cannot use Neteller.
| Neteller Casinos | Signup Bonus | Total Bonus | Games | Download | Flash | Tournaments | Currency | Software | Get Started |
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Skrill (ex-Moneybookers) Review & Casinos
Moneybookers (or Skrill) is the main rival to Neteller in the online casino market, and it powers many regional eWallets and fund transfer services. As a trusted eWallet among gamblers, Moneybookers is accepted by almost every online casino.
What is Moneybookers?
Moneybookers is one of the most popular eWallets for gamblers, with eWallets being a form of online account that is used for secure transactions both to and from the casino. It is also a service provider for many regional online fund transfer brands such as Przelewy24 and Sofort Uberweisung. Generally, the banking options at a reputable online casino will always include Moneybookers.
Using Moneybookers at an Online Casino
You will need to setup a Moneybookers account first, which can take a day or two for full identity confirmation. You then need to look for Moneybookers as an option in the casino cashier section. Once you have selected Moneybookers, you will be asked for some account information necessary to make the transaction. Fund transfers to the casino should take very little time, but withdrawals to your Moneybookers account may be delayed by casino security measures.
Advantages/Disadvantages
The advantages of Moneybookers are the convenience of cashouts, the widespread support for this casino banking method, and the integrity of the service.
The disadvantages of Moneybookers are the initial signup and the lack of support for players from the USA and some other jurisdictions.
| Skrill Casinos | Signup Bonus | Total Bonus | Games | Download | Flash | Tournaments | Currency | Software | Get Started |
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Credit Card Review & Casinos
Credit cards are the most popular casino banking option, but they have many disadvantages compared to other methods. Visa and MasterCard are accepted widely, while American Express and Diners Club International cards are only usable at a small handful of casinos.
Using Credit Cards at an Online Casino
Using credit cards at an online casino is much like buying anything else with a credit card online. You simply go to the cashier and choose the type of credit card you are using, then enter your card details and confirm the transaction. If this is the first time you are using a credit card for online gambling, the bank that issued the card may contact you to make sure you are approving the transaction.
Credit card deposits at online casinos are generally processed instantly. Some online casinos will allow you to withdraw money to a credit card, but this is usually restricted to Visa, and only less than the amount you deposited.
Advantages/Disadvantages
The advantages of credit cards for online casino banking are convenience and speed. Most people already have a credit card, so you can use one to signup at an online casino immediately. Also, players from the USA are able to use credit cards and most online casinos have a convenient cashout option for American players who have deposited via credit card.
The disadvantages of credit cards for online casino banking depend on what kind of player you are. If you are only an occasional player, then a credit card will be just fine. If you play often, then you will find that credit cards restrict your ability to cashout and you will have to keep confirming your identity at each casino you join. An eWallet is a far better choice if online casino games are your favorite hobby, and some casinos even offer extra bonuses to players using eWallets.
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Eco Card Review & Casinos
EcoCard is another eWallet, but without the widespread acceptance that eWallets like Neteller and Moneybookers have. Nevertheless, more and more online casinos are starting to offer EcoCard as a way to process payments and withdrawals.
What is EcoCard?
EcoCard is one of the most established eWallets out there, with over 10 years in the industry. As an eWallet, EcoCard allows you to deposit funds in one of its secure accounts. You can then transfer these funds to other websites safe in the knowledge that your main accounts are safe, or withdraw funds from online casinos to your EcoCard account. You can even get an EcoCard MasterCard that allows you to withdraw from your account all over the world.
Using EcoCard at an Online Casino
Using EcoCard for online casino banking is just like any other eWallet. You will first need an account, after which you must find the EcoCard option and enter the account details required. Casinos that accept EcoCard will usually let you use it for both deposits and withdrawals.
Advantages/Disadvantages
EcoCard has the advantage of being more convenient than a credit card for longtime gamblers making cashouts.
The disadvantages of EcoCard are that it is accepted at fewer sites than more popular eWallets, yet still requires the initial effort to signup. It also isn't available to players from the USA, as well as a handful of other countries.
| Eco Card Casinos | Signup Bonus | Total Bonus | Games | Download | Flash | Tournaments | Currency | Software | Get Started |
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Click2Pay Review & Casinos
Click2Pay is an online payment option used all over the world, and it is increasingly accepted at online casinos. Support for Click2Pay is somewhere between EcoCard and Moneybookers, so you know that Click2Pay is trusted.
What is Click2Pay?
Click2Pay is simply another eWallet - an online account used for more secure transactions. You don't use Click2Pay like a bank account, but more like a wallet that you load up with cash to use for online purchases or funding of a casino account.
Using Click2Play at an Online Casino
The best part of Click2Pay is that you can easily use it to fund your accounts at online casino sites. First, you need to prepare a Click2Pay account, after which you should go to the cashier section of your chosen online casino. From there you can find Click2Pay as a casino banking method and follow the instructions from there. Click2Pay should be available for both deposit and withdrawal at any casino that supports the service.
Advantages/Disadvantages
The advantages of using Click2Pay are just the usual ones for an eWallet - easier deposits and withdrawals compared to other casino banking methods.
The disadvantages of Click2Pay are that it is not as widely accepted as other brands of eWallets, and it has charges that seem a bit high for some services. We recommend Click2Pay if Neteller or Moneybookers can't satisfy your needs.
| Click2Pay Casinos | Signup Bonus | Total Bonus | Games | Download | Flash | Tournaments | Currency | Software | Get Started |
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uKash Review & Casinos
Ukash is an interesting casino banking option, as it isn't like most of the other methods featured on this page. While not the most convenient option, anyone worried about security can use Ukash without fear, as only the money you put on the Ukash coupon is at risk.
What is Ukash?
Ukash is somewhat like a bank draft. You simply go to the Ukash site or one of the many Ukash retailers around the world, and then trade your cash for a coupon with a code on it. The coupon can be used at any site that supports Ukash as a way to pay for purchases or fund a casino account.
Using Ukash at an Online Casino
First of all, make sure the online casino supports Ukash. After that has been confirmed, you simply need to go trade your money for a Ukash coupon and go to the cashier section of your chosen casino. You then just find the Ukash option and use the code on your Ukash voucher to fund your account.
Advantages/Disadvantages
The advantages of Ukash are absolute security and the fact that you will be funding your account with funds you have right now rather than with credit.
The disadvantages of Ukash are many. First of all, you can't withdraw with Ukash, so you will need to work out a different option for withdrawals. Next, it is only available in a couple dozen countries. Finally, while many more casinos now accept it than used to, it still isn't anywhere near as prevalent as the most popular eWallets or credit cards.
| uKash Casinos | Signup Bonus | Total Bonus | Games | Download | Flash | Tournaments | Currency | Software | Get Started |
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Paypal Review & Casinos
PayPal is the foremost eWallet in the online business world. Almost everyone who has ever spent some time shopping online has a PayPal account, whether or not they use it. It allows you to transfer money from a regular bank account into your PayPal account, where you can then transfer it onward to a vendor or online casino without having to worry about the security of your primary bank account.
Using PayPal at an Online Casino
PayPal is not all that common in the online casino world, but if you wish to use it you will first need to fund a PayPal account. You can then go to the cashier section of the casino you want to deposit at and use the PayPal payment service there. You will be able to transfer funds from your PayPal account into the casino account. Cashouts are also often possible to a PayPal account if the casino offers it as a payment option.
Advantages/Disadvantages
The obvious advantage of PayPal is that it is very likely you already have a PayPal account. PayPal is also the most trusted eWallet in the world, so you don't need to worry about how they will treat you and your money.
The main disadvantage of PayPal is that so few casinos can offer it as an option. While it's fine t use PayPal just because you have an existing account, we wouldn't recommend going out of your way to use PayPal to play at an online casino unless it is the only casino you will ever play at.
| Paypal Casinos | Signup Bonus | Total Bonus | Games | Download | Flash | Tournaments | Currency | Software | Get Started |
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Paysafecard Review & Casinos
Paysafecard is like Ukash, except that it is a card that you purchase and then use to fund online payments. This makes for very secure online transactions at the cost of convenience.
What is Paysafecard?
Paysafecard is a method of funding online purchases and deposits without a bank account or credit card. You simply purchase the credit you need and get a coupon with a code that you can use with thousands of online vendors.
Using Paysafecard at an Online Casino
To use Paysafecard at an online casino, you simply need to purchase a PIN code with the amount of money you wish to fund your account with. You then find the Paysafecard option in the casino cashier and enter the PIN code. The credit is removed from the account for that code and transferred to your casino account.
Of course, you cannot make withdrawals to a Paysafecard. Most casinos will instead send you winnings via check when you make a withdrawal.
Advantages/Disadvantages
The advantages of a Paysafecard are that it is a very secure way to transfer funds to a casino without any risk of further charges being made beyond the funds in the Paysafecard account. If you are concerned with the security of online transactions, then Paysafecard is a way to further minimize the risk.
The disadvantages of a Paysafecard are mostly due to the inconvenience of purchasing a PIN code. Unless you already have a Paysafecard ready with the money you intend to deposit, you won't be able to deposit with a casino immediately if you use this method. Paysafecard also isn't accepted as widely as other deposit methods, and you will have to rely on slower withdrawal methods than if you deposited using an eWallet.
Wire Transfer Review & Casinos
Wire transfer is a very common casino banking option, but it has several limitations that stop casinos from encouraging players to use it.
What is a Wire Transfer?
A wire transfer is simply a direct transfer of money from a bank account to a casino, or from the casino into a bank account. In short, it is just a regular bank transaction, which means it suffers from the long processing times of a bank transaction as well.
Using a Wire Transfer at an Online Casino
Most casinos only allow wire transfers to be used for withdrawals, as this is subject to fewer regulations. Some casinos will allow wire transfers into your casino account, however, and they may even offer extra bonus for using this method.
As usual, you will need to find the wire transfer method in the casino cashier and follow the instructions there. Most casinos will charge their highest fees for withdrawals made by wire transfer, as it is quite labor intensive for them compared to other methods. You may also be subject to a minimum withdrawal amount using this method.
Advantages/Disadvantages
The advantage of a wire transfer is that the funds are withdrawn directly into your bank account. That isn't much when you consider there are many disadvantages.
First of all, wire transfers are slow. If you deposit with them, you will have to wait days until you can play. If you withdraw with them, you will wait much longer for your funds than with most other casino banking options.
Next, the extra charges will really add up. Why pay more for withdrawals than you have to when other methods will mean no withdrawal cost and be more secure?
Finally, wire transfer is a lot more effort per transaction compared to the minimal effort of opening an eWallet account. As many eWallets offer their own bank cards that you can use to withdraw from ATMs, there is little reason to withdraw casino winnings to your main bank account via wire transfer.
