If you’ve ever purchased anything online, then you already understand how depositing at an online casino works. Essentially a deposit is simply an online purchase of funds which are added to your casino or sportsbook wallet.
While credit cards and local e-wallets are traditionally the most popular ways to deposit, other, more modern methods such as cryptocurrencies are rapidly taking over as the most preferred online gaming deposit methods.
Credit Card Deposits
There’s no big mystery to this one. Enter your credit card number and the required security info so we know it’s you then chose the amount you want to deposit. Pretty straightforward. We accept both Visa and Mastercard and your information, along with every transaction is encrypted and completely secure.
If your credit card deposit is declined the first time you try, don’t be discouraged, this is common with online gaming transactions in some regions. If this happens, simply try the card again, often the card will work the second time. If the transaction continues to be declined, then simply try a different card. It is common for different credit cards have varying success rates depending on the country and region you are in.
E- Wallet Deposits
An e-wallet is simply a “virtual” wallet that you can use to store money online. A common example of an e-wallet is PayPal. From e-wallets you can purchase items from websites or, in the case of online casinos, get paid out to them when you win.
The advantage of using an e-wallet to deposit is that the success rates of e-wallet deposits is almost always 100% as opposed to credit card success rates which can vary wildly depending on your location.
Not all e-wallets are available in every country, please refer to the chart below for information on e-wallets available in your region.
For information on how to open an e-wallet account of your choosing please click the link next to your wallet of choice and refer to the instructions on the website.
Cryptocurrencies such as Bitcoin are fast becoming the definitive way to deposit and withdraw at online casinos, but it is not just online casinos that benefit from this new form of currency. Many economists agree that with the rise of cryptocurrencies as the new purchasing medium for the digital age, traditional forms of money, or “fiat”, may eventually be obsolete.
There are several different cryptocurrencies in the market but the largest and most secure is Bitcoin. At SportsandCasino.com we offer deposits and withdrawals in Bitcoin. The advantages of using Bitcoin include increased security, convenience (you can send or receive bitcoin from anyone anywhere in the world instantly), and privacy (no banks or governments are involved, and your transactions are completely private).
To get started with this exciting new form of currency we recommend using this easy-to-navigate website www.cryptocurrencyhelp.com which will walk you through the steps of opening your own Bitcoin wallet. Once you have created and funded your Bitcoin wallet, simply choose Bitcoin from the options when making your deposit.