After signing up with an online casino, players have two choices: They can play for fun through the web-site’s practice mode, or they can play for a real income. There is no doubt that the latter option is the most sought after of the two, as a result of the fun, challenge and — obviously — the rewards. To play for a real income, however, players need to deposit money into their online casino accounts.
Good online casinos will offer their customers several ways to fund their accounts. Not all methods of payment suit all players and a reputable site will provide a range of strategies to customers to select from, based on their playing lifestyles, their geographical location and the legislation overseeing how they may or may not pay. For example, Neteller was the most popular choice of payment for North American-based players prior to the Outlawed Internet Playing Enforcement Act (UIGEA) was passed in 2006. Almost overnight, US players just weren’t allowed to pay for their playing fun through Neteller and this remains true today.
There are many different kinds of payment options, although the most common include credit and debit cards, cord exchanges, Moneybookers, Click2Pay, EntroPay, NETeller and EcoCard.
Paying for one’s internet playing fun by credit or debit card is probably one of the simplest ways to go about things, although in recent years it is not the technique of choice by many players in the usa. For one, many players are concerned about privacy and security issues surrounding credit card transactions over the internet. In addition, US bettors find it more and more difficult to have their transactions authorized by their banks due to the UIGEA. Lodging funds using a credit or debit card in other regions of the world is still widely acceptable, however. slotxo
Another form of payment that is fast becoming the most popular of all is via the internet in the form of an ewallet. Click2Pay, Moneybookers and NETeller are just a few examples of this type of payment method. Simply put, players make deposits into a virtual electronic wallet on the internet and from there, can fund their online playing accounts. Their ewallet accounts can also be used to make withdrawals. The main advantages of paying by ewallet include acumen, privacy and security. Entropay is another example of a virtual payment method and is accepted almost anywhere that the Visa card is available. As with many of these types of services, the player’s personal and financial details are not exposed to the online merchant. It must be reiterated that some of these types of virtual payment methods, such as EcoCard and NETeller, may not be employed by US players to pay for their online playing.
Another way to fund one’s online casino account is by cord transfer. A standard cord transfer takes a few days to clear, while an immediate cord transfer is authorized by the player’s bank and allows for instant account funding. Once the player makes an immediate cord transfer, he or she is required to contact the online casino to provide the transaction details before being able to play at the site.
Now how does one actually go about making a deposit at an online casino? Once a player is just about to play for a real income, the next phase is to go to the web-site’s banking or cashier section and choose a method of payment to invest in the account. Once the transaction is completed and the funds transfer has been authorized, the online casino account will show what kind of money has been credited to the account. In many cases, players can choose which currency they wish to play in, such as US Dollars, Euros or British Pounds. Players are now able to get down to some serious playing fun at the online casino site. Their account will display the amount of money used, as well as any earnings which will be credited to their account. Players should check how funds could eventually be taken, before making their first deposit.
Many online casinos wish to encourage players to use one particular deposit method over another and they’ll reward their customers through something called an alternative deposit method bonus. Essentially, this is a gift of a certain percentage in credits (usually 10-20%) to the player’s account simply by using EcoCard, Click2Pay or Moneybookers, for example.