Online gambling sites offer numerous methods for players to deposit and withdraw from their gambling accounts, and depending on where you are located, there are usually a variety of options available to you as a player.
The United States and Canada have the fewest number of options available, however, there are still a few solid methods for depositing at online casinos and poker rooms. This page provides an overview of various deposit methods for players, including those that are available in specified regions around the world.
Credit cards -All online casinos accept credit cards. Most offshore US sites accept Visa, while regulated ones accept MasterCard. Canadian and European online casinos accept both. European players have the additional option of using regional debit cards.
eCheck – This is an electronic check. It is available at all licensed US sites and most that are available to residents in other countries. The money is deposited and withdrawn directly to the associated bank account. Deposits are instant. Withdrawals take a day or two.
Wire transfer – Wire transfers can be initiated through your bank. It involves sending money electronically to and from the casino site. It is available in most countries. Wire transfers should be reserved for large transactions due to the fees.
Click2Pay – An ewallet that can be funded using credit card or bank transfer. Canadians and Europeans can use this method.
Eco Pay – An ewallet that enables you to fund an account with a bank transfer or credit card deposit. It is available in most European countries.
InstaDebit -This is a top choice for Canadians. Players may deposit into an online casino account through a bank balance, Visa or MasterCard. Deposits are instant. Withdrawals take about two days. There are fees involved in deposits and withdrawals from an Instadebit account.
MoneyGram – This is a cash transfer service primarily used by US offshore sites. Players need to contact the site for the receiver’s name and city. Cash may be sent at an agent’s office or a deposit through a credit card or check may be used over the Internet. The site then needs the transfer number to receive the cash. Withdrawals require the site to send the transfer number and sender to the player. The money may then be picked up at an agent’s office. The maximum transfer for this method is often $400.
Neteller – This ewallet is available in most countries outside the US and Canada. It connects to a bank account or major credit card for deposits. Withdrawals are paid by bank transfer or debit card. While offshore US sites do not accept Neteller, regulated sites have it available as a deposit and withdrawal option.
PayPal – One of the largest payment processors online, PayPal allows gambling transactions from a few select European countries and regulated US sites. Players can fund their account from peer-to-peer transfer, credit card or through their bank accounts. Credit card deposits are not permitted in the US
Skrill – Once known as Moneybookers, Skrill is a standard ewallet offered to players throughout Europe. Players may fund Skrill using an electronic check or credit card. Withdrawals are paid by bank transfer or debit card.
Ukash – A popular deposit method in the UK, Ukash is a prepaid card that can be purchased at a number of kiosks throughout the region.
Use My Bank – A great option for Canadian, UK, Asian and some European players, Use My Bank allows you to use online bill payments for funding your casino accounts. Credit cards and bank transfers are permitted as funding options.
Western Union – This option is available to players worldwide but is most popular in the US where online gaming is mostly illegal. Players in countries where the banking system is not advanced may find Western Union to be the best deposit option. Western Union deposits start with getting the receiver’s name and location from the site. Cash may be sent from an agent’s office or a credit card or bank transfer may be initiated over the Internet. Once the deposit is completed, the site will need the MTCN. Withdrawals require the site to send the player the MTCN and name of the sender. Western Union transfers are the most expensive option available to players.
Online Casino Funding FAQ
How do I fund an ewallet?
Most ewallets accept Visa, MasterCard, bank transfers and regional debit cards for funding.
How do I withdraw from an ewallet?
Most ewallets will send withdrawals to a bank account or debit card.
What is a cash transfer?
This is a service that players use to deposit and withdraw cash from an online casino.
What are examples of cash transfer services?
Western Union and MoneyGram are the most common forms of cash transfer services.
Do I receive interest on my ewallet balance?
Ewallets do not pay any interest on balances.
Will I pay a fee to convert currency when depositing to an online gambling site?
All sites require converting funds into the currency used there. The fee is often 2% of the deposit or withdrawal. This may be converted by an ewallet for about the same rates.
How can I avoid currency transaction fees when depositing and withdrawing at an online casino?
Avoid making unnecessary transactions. Another option is to set up a bank account in a country that uses the same currency as your favorite site. It is best to play at a site that uses your country’s currency, although this is typically limited to the US, UK, and EU.
Are there fees for making a deposit?
Most online casinos do not charge a fee to make a deposit. Some ewallets charge for bank transfers. All charge for credit and debit card deposits.
Are there fees for withdrawing from an online casino?
A handful of sites charge a small percentage of the withdrawal. Ewallets have fees on bank transfers and debit card withdrawals. There is always a fee for a cash transfer.