Know Your Online Casino Payment Options

Know Your Online Casino Payment Options

When it comes to gambling, there is really no point other than getting paid. Sure gambling can be great entertainment, relaxing and a stress buster, but if there is no payoff for your efforts, what’s the point. Kiwi players are gambling at online sites for the money they can win first and foremost. And a huge part of selecting the ideal casino is in selecting a payment option that suits you best. And quite frankly, some casinos are just frankly better than others as far as payment options are concerned. And then consider this. Even if a casino is great otherwise, if they don’t have the ideal payment option for you, then chances are there are a few things missing otherwise in the casino’s offerings as well. After all, there are mediocre online casinos, good casinos, and then now and then you find a great casino.

Where to find the payment options quickly at an online casino

The first thing to know is that online casinos have a very frustrating habit. Go to most online casino websites and their games, whether it be online slots, blackjack, poker or whatever game floats your boat are literally plastered all over their website, As to the payment options, the vast majority of casinos tend to place their banking information with a solid black background and then a complementary color such as purple. The only way you can really read the banking information is to use your mouse and scroll over the banking information as if you were going to copy and paste it. Otherwise, the banking information is unreadable. In fact, many casinos almost seem to deliberately hide the banking information until you have signed up for an account with them. Thus, the best way to find out the payment information on a website is to do several searches for review sites.
As an example, we went to a well-known and popular casinos website, clicked on their banking information, which was all in black with purple lettering and had a general idea of several of the most popular payment and withdrawal options.

However, when we typed in review site for the same casino we found out the following options:

  • ecoPayz
  • Visa
  • NETELLER
  • InstaDebit
  • MasterCard
  • eCheque
  • iDebit
  • Qiwi Wallet
  • EntroPay
  • WebMoney
  • PayPal
  • WireTransfer
  • Skrill
  • VisaDelta

As the author of this article, it took me less than a minute to type in the name of the casino and the words review, and then research one or two articles that provide reviews. And I learned far more about the payment options than I ever imagined by going to the casino’s own website. For example, many review sites will tell you not only which methods your can use for a payout, but in addition, the minimum amount you need to get a payoff, (typically around $10 dollars) but also how long to expect the casino to make the payoff. For example, if you elect to be paid by Paypal, the payout for this casino is on average 24 to 48 hours. Really fast. However, if you elect to be paid by check, count on 14 to 21 days.

In general, knowing how fast the payoff will occur is just as much a factor as is knowing a payment method is available.

Credit cards (Visa or MasterCard) as payment.

Almost every online casino offers payment by credit card, and if they don’t, you probably do not want to play at the casino. Generally, credit cards are the most secure payment method. There is a hitch, however. Let’s say you deposited $1,000 to a casino by a Visa Credit Card. Next, you go to the casino, bet on the slots, and hit a jackpot for $5,000. Sometimes, the internal, behind-the-scenes procedures of the bank that issued the credit card may only allow you to receive $1,000 (your initial amount of deposit) via the credit card. The other $4,000, in this case, would need to be accepted by alternative means. It doesn’t happen that often, but it is a possibility. On the other hand, we have never encountered a payment that did not go through by a Visa Credit Card.

Skrill and Neteller

The second only to credit cards and debit card use is using an eWallet such as Neteller or Skrill. With both, deposits are nearly instantaneous and you will be paid for withdrawals in 24 to 48 hours. One very big reason people love to use Skrill and Neteller is that they do not want to reveal their private banking information to the casino. The only problem is that there are fees involved, typically between $6.75 to $10 to withdraw money from your Skrill account to your bank account. Count on generally 1 per cent, but it could be more depending upon whether you are a VIP member or not. But Skrill and Neteller both are extremely safe and reliable.

Paypal

Paypal is one of the quickest and most reliable methods for both deposits and withdrawals of funds. Generally, a casino that allows the use of Paypal will payout in as soon as 24 hours. However, as almost all online casinos are overseas from New Zealand, there are fees involved in receiving payment. The good news, however, is that PayPal only works with the most reputable Casinos, so if a casino does may payments via Paypal, you know they are reputable.

eChecks

If the speed of payment is not an issue with you, consider eChecks. There is virtually no charge for eChecks. The casino pays all costs, not you. If you don’t mind waiting 14 to 21 days, eChecks are extremely safe, easy to deposit into your bank account, and are as safe as they come. While not as popular as other methods, if a casino offers eChecks, then give them a shot at making your payment request. If you like, start with a small withdrawal first to test the procedure.