❓ FAQs about new online casinos
🏆 Most popular casino payment methods
Before now, traditional casinos accepted cash deposits. You pay the cashier and get an equivalent amount of chips. But this became impossible as online casinos grew into popularity in the 90s. Casino sites started integrating several banking options, from e-wallets to bank transfers, to enable players around the world to enjoy real money games on their platforms. The best gambling sites use verified casino payment methods for transactions to ensure security, ease, and speed.
Use popular and verified casino deposit options to ensure your funds are safe.
The best online casino deposit methods are verified and used by more casinos and players around the world. While they ensure that your funds are safely delivered to the casino, they also process payments fast. In addition, several popular casino payment methods do not charge a fee for transactions. But, options like bank transfers might require up to 4% transaction fee. Some of the popular casino deposit methods we will discuss include:
Bank cards.
E-wallets.
Cryptocurrencies.
Bank transfers.
E-vouchers.
Pay by phone.
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💳 Bank cards
Bank cards are classified into two – credit cards and debit cards. While their differences are beyond the scope of this article, they can be used for casino deposits. Bank cards are among the easiest options to make casino payments. They use several levels of encryption, such as the AES and others, to ensure security. They also ensure less processing time and have little or no transaction fee. Some of the popular payment processors include:
Mastercard;
Visa card;
American express
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💎 E-wallets
While traditional payment options like credit or debit cards are more popular, E-wallets are another reliable casino deposit option. This option might appeal more to the recent generation who prefer online wallets to a brick-and-mortar banking system. The popular online wallets players can use for casino deposits, including Paypal, Neteller, Skrill, Paysafecard, and Ecocard. With e-wallets, you can deposit up to £5,000 within 24 hours
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💰 Cryptocurrencies
The UK government banned using credit cards for casino deposits in April 2020. The aim was to help punters cultivate a good gambling habit and avoid debts. Although debit cards are still allowed, players without them can use other casino payment methods, like cryptocurrency. Crypto functions on a decentralized network that makes it very secure and fast. Deposits are usually not limited. Some examples of cryptocurrencies available for casino deposits include Bitcoin, Litecoin, Dogecoin, Etherium, etc.
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💸 Bank transfers
Bank transfers are considered one of the oldest ways of transacting. It is also a safe banking option. However, transactions might take longer than any other casino deposit option. Depending on the bank and location, the payment may take up to three days before reflecting. Also, you might need to pay a transaction fee of up to 10% of deposits or withdrawals. However, the limits are more generous compared to other casino deposit options.
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⚜️ E-vouchers
E-vouchers are a new casino deposit option and might not be found on many casino sites. However, they are the first P2P transaction model on casino sites. In other words, you can purchase a voucher from another player within the casino’s forum. They carry a 12-digit code consisting of numbers and letters and can be used for payments. Also, they are secure, and deposits reflect almost instantly. But the maximum sum on an e-voucher is pretty low.
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📱 Pay by Phone (Boku)
The pay by phone option is another uncommon casino deposit method. Using this method requires you to enter your phone number on the payment page and confirm your payment. After this, the deposit will be sent in less than 60 seconds and added to your telephone bill. However, they are best for deposits below £50. Boku is a popular pay-by-phone provider and works in the UK.
Casino banking option
Bank Cards
Bank Transfer
E- Wallets
E- voucher
Pay by phone
Crypto
Transaction time
24 hours
2-3 Banking days
24-72 hours
30 mins
30 mins
Instant
Transaction costs
0% to 5%
Up to 20%
0% to 7%
0%
1%
0 to 5%
Ease of usage (out of 10)
9
6
9
8
7
10
Security (out of 10)
10
10
8
8
6
10
Deposit Limits
Up to £5,000
Up to £10,000
Up to £3,500
Up to £1000
Up to £100
Unlimited
Taylor Hughes
Ease of use includes a responsive payment interface that is not hard to understand or enter payment details. If a casino deposit option has all of this, then it is a convenient option.
2022-09-21
Hollie Thorpe
While convenient casino payment methods might be many things, it is always one thing - secure. They can prevent you from cyber thieves and virus attacks that can steal your bank details and exploit your account.
2022-09-23
Demi Reed
Some payment methods slam your cards with hidden charges or high transaction fees that can be inconveniencing. However, a convenient method is fair and transparent with their charges.
2022-09-24
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Before now, punters only had to pay cash to a cashier at the casino house with less risk, less time spent, and no charges. However, online payments are changing the game. So, ensure that you choose an online gambling platform that not only ensures Fairplay, but also provides a banking method that supports safety, fast processing, and ease of use. Some of the best casinos that fit this bill include LeoVegas, 888 casino, Party casino, Aztec wins, and BetVictor.
Fairplay A means to ensure that all parties involved in gambling activities adheres to the rules. Besides Fairplay, LeoVegas offers several payment options, most of which are the best in the UK industry. 888 Casino provides punters with an opportunity to deposit with an e-voucher and Apple Pay, amongst other options. At the Party casino, you can choose from several e-wallets like Neteller, Skrill, and PayPal. Aztec Wins and BetVictor also have convenient payment options like cryptocurrencies and bank transfers.
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🎁 Online casino deposit bonuses
Online casinos offer several deposit bonuses to punters. While these bonuses come in various forms and sizes, they also have wagering requirements. In other words, players will need to bet the bonus and deposit a required number of times before they can cash out on their winnings. Some popular deposit bonuses you’ll find across several casino platforms include welcome bonuses, match bonuses, and reload bonuses.
Bonuses on gambling platforms are great but wagering requirements on these special offers are equally significant. So, go through the T&Cs of the particular promotions before taking part in it.
Welcome bonuses are meant to attract new players to a casino and are often a combination of other bonuses like free spins, match bonus, multipliers, etc. Depending on the casino, some have wagers from 1x to 10x. Another freebie you can get on a deposit is a match bonus. You can get a match bonus of up to 100% on your deposit with a wagering requirement of 15x. Reload bonuses are often for existing players and provide up to 30% on new deposits. Also, they have lower wagering requirements.
Casinos
Casino deposit bonus size
Match bonuses
Reload bonuses
Free Spins
LeoVegas
Up to £200
10%
None
10
888 casino
Up to £500
None
3% for VIP
5
Party casino
Up to £250
5%
None
None
Aztec wins
Up to £250
100% up to £200
None
20
BetVictor
Up to £700
£30
None
100
VIDEO
How to make a casino deposit?
After choosing a reliable casino site, you can follow these three steps below to deposit funds into your account.
1
Log in
2
Navigate
3
Deposit
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❓ FAQs about new online casinos
Which banking method is the safest?
Every payment method has several levels of encryption. Bank cards like Mastercard or visa cards use up to three encryption levels. They include Advanced Encryption Standard, Rivest-Shamir-Adleman, and Triple DES. Any casino deposit option with these encryption levels is most likely the safest.
How can I avoid thieves from stealing my banking information?
With technological advancement, cyber thieves keep creating new ways to break into systems and payment processing platforms to steal information. But you can avoid such instances by doing a few things. First, always ensure that you are on the right casino site, not a cloned one. Avoid using new or shady banking options. Also, avoid storing your details on the website. Before inputting your banking details ensure that you've not been redirected to a cloned page.
How long are deposits usually processed?
The best banking methods ensure speed in transaction processing. While some online casino deposit options offer instant deposits like cryptocurrencies, others might take an average of one to three days.
What do I do when my deposit hangs?
First, you can chat up live support to get quick responses. You will find out a cause. But should live support be unavailable, you can email or call their customer care team whose details you'll find on the company's website. The company should be able to rectify the issue from their end. In another case, the payment processor may not have processed the funds. You can file a dispute on their site.
Can I get a bonus after my deposit?
Yes, every casino offers a deposit bonus in their promotion section. This bonus aims to capture new players and encourage them to replenish their accounts for the first time. It can be in the form of free spins, cashbacks, or match bonuses.
Will I pay a fee for casino deposits ?
In most cases, you will not. But it depends on the casino and a banking option you select. For instance, e vouchers, ewallets, and cryptocurrencies might charge 0 to 1% fee on deposit. But bank transfers might charge a flat fee of £50 for every deposit.
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