As an aspiring online casino player, you’ve done your research, read the reviews and selected a site. You know enough about the games, rules and odds that you want to start playing for real money. What is the best way to get your money from your bank account or credit card to the online gaming site? Unfortunately for US-based customers, restrictive legislation has taken that question out of their hands. For those players outside US borders, you have a wealth of options. Although the process is still not as easy as laying cash on the table or passing bills to a cashier in the cage, it is still quite easy and (mostly) painless.
During the signup procedure, the site will ask you to fill in your contact information (name, address, phone number, e-mail address, etc.) and ask you to enter an amount to deposit into your new account. Most sites have a minimum initial deposit requirement (usually US$50), although you do not need to maintain a minimum balance throughout your playing time. As opposed to banks, online gaming sites do not charge account maintenance fees if your balance falls below a set minimum amount.
The next step is to select a payment method. Methods vary by speed, availability and transaction fees. Most transaction methods fall into these major categories:
- Credit Card. The online gaming site subtracts the amount deposited directly from your credit card account. Such transactions may require additional identification of the cardholder as a guard against credit card fraud. Deposits by credit card do not require a transaction fee and appear in your online gaming account immediately after verification.
- Bank Transfer. The online gaming site subtracts the amount deposited directly to your bank account. Such transactions may require additional identification of the account holder as a guard against bank fraud. Deposits by bank transfer do not require a transaction fee appear in your online gaming account immediately after verification.
- E-wallet. E-wallet accounts are handled by third-party sites (such as NetTeller and Click2Pay) that pass account information between the bank account and the online gaming site. Such sites are among the most popular method of account management for online casino players. During the setup process for an e-wallet account, you will be asked for bank account information, so be sure your particular e-wallet choice offers a secure transaction environment (as do most reputable sites). Transactions usually appear on the e-wallet account within two to five business days in order to verify bank account information. Most deposits by e-wallet do not require a transaction fee from the online casino site. However, some e-wallets may require transaction fees, so you should read the terms and conditions for your e-wallet site.
At TiredCasino.com, we encourage all of our visitors to research their online gaming sites and withdrawal possibilities to help them choose which option is right for their situation. Have fun and good luck!









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