What is a ‘Deposit’?
If you play cash casino games online, you will usually need to make a deposit in order to play. In a physical casino, your ‘deposit’ is the purchase of chips for playing, whereas online you get a playing fund account into which you make deposits. Deposits come from your chosen payment method, such as a bank account or credit card. You choose the amount of your deposit and authorize the payment and the funds will usually be available instantly so you can start playing casino games.
Any online gaming that requires cash play will need a deposit to be made. Deposits are payments made to your account online, which then become available as playing funds. You can use the deposit to play games on your chosen site and you can withdraw those funds and/or any winnings at a later time. Many online casinos offer special deposit bonuses for new players, such as deposit matching or a cash bonus to start you off.
Deposits are made through any payment merchant or transaction system that is supported by the website – this can include bank accounts, debit and credit cards, PayPal and even Ukash vouchers. Deposits can usually only be returned to the payment source they were made from: an account must be empty before payment methods can be updated.
There is often a minimum amount on deposits for online casino games, usually set at around £10. There is rarely a maximum deposit amount set, and deposits do not need to be made in multiples of 10 – any amount over the minimum is fine. Often, gaming sites will encourage players to set a deposit limit, which is a weekly or monthly maximum deposit amount. This reduces the chance of overspending through multiple deposits and keeps gaming safe and fun for players.