Is it safe to deposit money at an online casino?
As long as you take care to use a properly regulated and licensed online casino, it is perfectly safe to deposit money. Because many online casinos accept E-wallet payment solutions, such as Skrill, Neteller, or PayPal, you do not even need to use your credit or debit card, which minimizes the risk of spending more than you intend to spend, and gives you an extra layer of security because the merchant will not see your card number.
E-wallets are popular payments solutions for depositing money with online casinos because they generally have high processing speeds and low fees. They are useful for the casino because they will receive your money instantly, allowing you to start playing with no delay, and so many online casinos may offer bonuses for depositing with E-wallet solutions. These bonuses can be quite high — sometimes up to 20% on your deposit — as gambling operators can make the most of the low fees and quick processing time of E-wallet providers, and pass those savings on to players.
However, using an E-wallet is not always possible. Providers such as PayPal abide by very strict regulations on which gambling operators they will deal with, and as local laws vary you may not be able to use an E-wallet provider in all countries.
They are very popular deposit methods in the UK and Europe, but US-based gambling websites may be unable to accept E-wallet deposits due to elements of the Unlawful Internet Gambling Enforcement Act, so players should always check the details of their chosen online casino’s policies before deciding which deposit method to use.
If you don’t want to use an E-wallet, using your credit or debit card at an online casino is no less safe than any other online purchase, and large brands such as Visa and MasterCard have many security and verification features designed to make using your card safe and hassle-free. The only thing to be aware of is that you cannot always withdraw funds on a credit card and may need to request a check or wire transfer to withdraw any winnings. Prepaid cards such as Paysafecard can be a good alternative, and can be used in exactly the same way as a credit or debit card, but you may need to ensure your card has been cleared for online payments prior to use, particularly if you are playing on an international website.View all FAQs