Countdown The 6 Top Casino Deposit Methods

5. eWallets Casino Transfers

You may have heard of Paypal, Neteller, Google Wallet, Paypass etc? They are all variations of “eWallets,” which is where a service provider acts as a middle-man/ buffer between your real life bank account and all your online transactions.

After you set up your online eWallet account (typically takes a few minutes), you then link your bank account / credit card / debit card and your casino bank account as regular deposit / withdrawal recipients. And there are a whole lot of benefits as well:

• Extra security/ privacy because you don’t need to enter any of your personal details into any website to make a payment: only your eWallet account details.
• Instant payments from and to eWallets (or within a day at the most).
• No international transaction fees
• Separate your casino transactions from your everyday living bank account funds.

eWallets are a smart, easy option to add an extra layer of security and privacy between yourself, your bank account and your online casino account.

4. Cryptocurrencies and Bitcoin Casino Payments

Bitcoin and other Cryptocurrencies, like Litecoin, have exploded onto the scene in the past few years. If you don’t know much about them, then we don’t recommend you try this option until you’re a little more informed.

If you do have a few Bitcoins set aside for a rainy day, then you’re in luck: many of the online casinos we recommend have started accepting cryptocurrencies and even have games especially designed for Bitcoin players. Why is this so good for Aussie players? Because your Bitcoins are not regulated as part of the Australian economy and are not linked to your Aussie bank accounts (yet), so what you win or lose is not (as of writing this article) regulated by the ATO.

So if you suddenly have a gaming windfall, you’re not drawing the eye of Sauron onto your personal bank account.

Play your favourite online games at these recommended Bitcoin Casinos for Aussie players.

3. Pre-Paid Credit Cards Casino Payments

Pre-paid credit cards works pretty much like a normal credit card, but you buy it in a shop and load it up with cash like your Myki or Opal transport pass. It won’t give you any extra credit; only the exactly amount of cash you put in with no connection to your personal bank account. Then you can use the credit card numbers for any in-store or online purchases, such as casino payments.

There are so many different types of pre-paid cards including NeoSurf cards, Qantas, Velocity and actually, many eWallets, banks and credit card companies even offer their own pre-paid cards. And much like eWallets, prepaid cards act like a buffer and offer a number of benefits for Aussie players such as:

• No direct link to your bank account
• Almost instant transactions
• Self-imposed limits
• Personal privacy

The biggest downside, of course, is that you can’t use a pre-paid credit card for any casino cashouts: there is nowhere to send the money.

For many players, particularly those who want to restrict their own casino spending budgets, this option is well worth it!

2. Casino Credit Cards Transactions

We’ve already talked about why some people prefer not to use their day-to-day credit cards in online casinos, but there are quite a few benefits to using your cards online too.

Online casino credit card transactions:

• Are simple and straightforward
• Are (almost or) instantaneous
• Usually allow you to make casino deposits and withdrawals to the same credit card
• Earn you credit points or flybuys
• Allow you a larger spending limit than what’s available in your bank account
• Provide the extra security of an international credit company who can help you dispute unauthorized charges

Around 30% of all online transactions are done with regular credit cards because they are simple, fairly secure, widely accepted and instantaneous. And that’s also why players love using them for their online casino transactions as well.

1. Debit cards

Despite the popularity of credit cards, debit cards are actually the #1 casino banking option for Aussie players. Actually, they also account for around 40% of all online transactions as well.

Debit cards work very similarly to credit cards, but you have lower spending limits and higher security. The biggest con is that it’s directly linked to your everyday bank account. So if you or your family member have a problem self-regulating, it would be wiser to choose another method. But your bank’s security protocols also act as an extra layer of precaution: they’ll put a hold on the card until they’ve checked with you personally if there’s any unusual spending patterns.

The biggest advantage to using a debit card for casino transactions is that you can make deposits and withdrawals easily and securely directly from and to your own bank account. The transfer is usually immediate and there aren’t any middle men charging you additional transfer fees.