The ability to deposit and withdraw your winnings quickly and free of charge your money is an important factor when you play online, either at the casino or at sports betting (especially for sports betting, if your margin is 2% on the long run term …). Fortunately, operators offer many different payment methods. In this article, we will examine the best known means of payment and analyze for each their advantages and disadvantages.
Electronic wallets (or e-wallets) are among the best options. They work in a similar way to bank accounts, the speed bonus. You can directly add your bank cards, bank accounts or other ways to deposit and withdraw money. In addition, your operators will not have access to your banking data, which is reassuring when you play.
Nevertheless, and this remark applies to all electronic wallets, you must pay attention to their exchange rates. Make sure you always transfer your funds in the same currency so you do not lose money during the transfer. In addition, there are taxes for withdrawals and deposits. The game sites support them most of the time (if they do not, you will pay between 1% and 2% of the amount transferred).
Here are the best options on the market:
PayPal is certainly the most popular electronic wallet. You can easily move money to use it. There are many ways to fund your PayPal account or withdraw money. Most casinos and bookmakers offer it to players, but some are restricted (including Bwin).
We recommend it because it is one of the fastest. Deposits are instant and often withdrawals arrive in minutes. Even if this is not the case, you should receive the money in a day or two. Another benefit of PayPal is that most bonuses are available to customers who have deposited with this e-wallet.
Be careful however: some operators restrict their bonus if you deposit with Paypal.
Others allow only deposit via Paypal and not withdrawal. We recommend that you check if this is the case before depositing, even if this case is quite rare.
Formerly known as Moneybookers, Skrill is a very popular electronic wallet for online gambling. It is accepted by almost all sites for deposits and withdrawals. Like PayPal, you can easily add or remove funds to Skrill in a variety of ways.
The biggest benefit of this e-wallet is the speed of payments. Deposits are instant and withdrawals often arrive immediately. It is as secure as possible and your data is protected by the latest technology available.
However, make sure your bonus is eligible with Skrill.
Other payment methods
If you do not want to use wallets, there are other viable options for moving money. Here are the ones we believe to be the best:
Credit and debit cards
Good credit and debit cards, including VISA and MasterCard, are accepted at nearly all sites. Deposits are instant, but withdrawals usually take a few business days.
Unlike e-wallets, credit and debit cards are accepted for all bonuses and promotions. No fees are generally applied for deposits or withdrawals.
In terms of protecting your privacy, prepaid cards are optimal. EntroPay and PaySafeCard are the most popular. Many casinos out there accept them and you can finance one in different ways.
The good news is that prepaid cards can often be used for withdrawals as well. Waiting time is similar to credit cards. This means that you get your funds in a few business days.
Most bookmakers do not restrict bonuses after a deposit via prepaid cards.
Bank transfers are widely supported and most sites. But the conditions vary enormously from one operator to another.
One of the advantages is that your funds and data are well protected. The waiting time for transfers takes on average between 3 and 5 working days.
Regarding bonuses and promotions, bank transfers are never excluded from accepted payment methods.
Bitcoin is a very popular virtual currency. It has many advantages over traditional methods of filing. Fees are low, payments are instant and you can remain completely anonymous.