A Little Anatomy of Depositing Methods in Online Casinos for Newbies

By Ankit
February 9, 2022

If you’re reading this post, the chances are that you are a new player looking to deposit funds at an online casino but stuck.

As you would find out, E-wallets like PayPal have quick processing time making it one of the gamblers’ best payment methods in South African casinos and beyond. Therefore, we would advise that new gamblers within the region look for a PayPal casino South Africa to make it easy for them to fund their online casino account. 

That said, this post will take new casino players through the steps to have a good betting experience, focusing on how to deposit funds at online casinos. 


A Guide to Choosing and Depositing Funds at Online Casino

It’s safe to move on to step 3 if you already have a live casino account. 

Step 1: Choose a Trusted and Reputable Casino

The casino you choose to bet with can make or mar your online betting experience. Thus, you should only play at casinos with a good track record. 

Some of the pointers of a reputable casino are a gambling license, excellent security features, good payout history, extensive game library, secure payment option, etc.  

Step 2: Register at the Casino to Become a Member

One of the benefits of a remote website that’s focused on betting is the flexible signup process. 

Registering at an online casino is as simple as entering your name, location, email, preferred currency, and telephone number. Usually, this takes less than 10 mins to complete. 

Step 3: Deposit Funds 

This section covers the different payment methods accepted by online casinos and how to use them.

  • E-wallets
  • E-wallets are online banking options for storing money. Many online casino players prefer this method because it enables them to deposit funds in their accounts without entering their bank details on the casino website. Besides, e-wallets transactions are also pretty fast. The common e-wallet options are PayPal, Skrill, Neteller, etc. 

You can follow these easy steps to deposit funds with an e-wallet. 

  • Confirm that the casino supports e-wallet banking option 
  • Verify if the e-wallet brand permits players in your location to transfer funds to online casinos
  • Scroll to the casino’s cashier/ banking option
  • Select your preferred e-wallet 
  • Input the amount you want to deposit 
  • Submit your request. 

Credit/Debit Card

This is yet another common online casino payment method. Popular examples include Maestro, Visa, MasterCard, AMEX, Interac, Woolworths, etc. It’s fast and simple to use. Players can deposit and withdraw funds via this method. Here is how: 

  • Go to the casino payment section and ensure that it supports your preferred credit/debit card. 
  • Visit the cashier, and choose your desired debit/card
  • Transfer the amount you want to wager 
  • Enter your country’s special bonus code if there is any 
  • Click submit. 

Bank/Wire Transfer

Anyone who has ever used a mobile banking option can use this method to deposit funds at their favorite casino. It is safe and comes in handy for players that want to deposit large sums. 

Here is how to deposit funds using bank transfer: 

  • First, confirm that the casino enlists this payment method and allows players from your location to use it. 
  • Grab the casino’s banking details from the customer support
  • Scroll to the cashier section and press the deposit button 
  • Enter the amount you wish to deposit 
  • Wait for the casino to send a reference code via email or SMS. Input this code in the required field. You’re good to go.

Cryptocurrency

Cryptos are digital assets that are fast becoming the go-to payment method in the online gambling space. Common examples include Bitcoin, Ethereum, Litecoin, Ripple, etc. Many players would rather use this method due to its short transaction period and the fact that crypto transactions attract very little charges. Moreso, some casinos give incentives to players that pay with crypto.

Here is a quick procedure to deposit with crypto: 

  • Confirm that the online casino accepts crypto
  • Hover to the cashier/banking section and choose your preferred crypto. e.g., Bitcoin 
  • Transfer funds from your crypto wallet to the casino account
  • Press submit. It takes a short time to process the transaction.

Other payment methods available at online casinos are prepaid cards, checks, and money transfer services. 

Step 4: Play Real Money Games

Depositing funds into your online casino account enables you to access the complete list of games offered by the online casino. These include all the real money slot games, baccarat, bingo, poker, etc. Players also get the chance to win bonuses on their first deposits. And more importantly, they earn money when they win at the real money games. 

Step 5: Withdraw Your Earning

Here is a summary of how to withdraw funds at online casinos: 

  • Visit the casino’s cashier section, and select withdraw
  • You’ll see a long list of withdrawal methods, e.g., bank transfer, crypto, e-wallets, etc 
  • Select your preferred withdrawal option from the list 
  • Submit your request and stick around for the payment processing. This could take anything from 24-72 hours. 

Conclusion 

Depositing funds is one of the important yet often neglected skills online casino players must develop. As a result, we have detailed structures and how they work. We hope this post helps you master how to deposit funds into your casino account.


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