Deposit Cash: Can You Make a Cash Deposit At Online Casinos?
Although the adage “cash is king” remains true, it’s important to note that deposits made exclusively in cash are probable to raise eyebrows. Put it this way: if you deposit a large sum of cash into your bank account, the bank may temporarily hold the funds, flagging the sum for fraud.
However, this does not mean that you cannot or should not deposit cash at the bank or an online casino; the way you do it will be directly proportional to the success you make in depositing cash.
And what about online casinos? Can you and should you deposit cash?
The simple answer to this question is yes. Most online casinos offer varied payment options for cash deposits. Online gamblers want safe and secure payment methods that ensure swift processing times.
The plethora of available choices can be overwhelming for even the most seasoned casino player. Read on to better understand casino platforms’ various cash deposit methods.
Online casino payment options are also affected by the licence the site holds and the country you play from. If you want to deposit cash, that will come with its own rules and conditions.
We talk about this all below.
Credit and debit cards
An extremely popular choice, credit cards and debit cards are viewed as the most trusted option for casino sites and their players. The world’s trusted online payment methods, Mastercard and Visa, are ranked highly for convenience and efficiency. Although not as widely accepted, American Express is also available on some platforms.
However, casino sites licenced with the UK Gambling Commission do not accept credit card transactions as this goes against UKGC regulations.
E-wallets have become a convenient alternative for depositing cash, providing players with secure storage space for their cash. This money can then be spent online or transferred to a bank account.
PayPal is a very popular e-wallet choice on multiple casino platforms. It lets you send money to your casino account using PayPal credit. However, PayPal restricts the use of its services to licensed websites in regulated jurisdictions.
Other popular options are Skrill and the well-established Neteller, now available in 26 currencies across the globe. Be aware that not all casino promotions allow players to claim their bonuses with e-wallets.
This traditional format allows you to use your bank account to transfer funds into your chosen casino site account. This can be done in multiple ways, such as via a wire transfer, e-check, and online banking. The latter is a swift and easy option for depositing cash from your bank account. These types of services differ from region to region.
Prepaid cards, gift cards, and vouchers
These payment options are ideal for casino players who are reluctant to share their personal and financial information. Purchasing a card or voucher for a predetermined cash amount is a bankroll-friendly way to deposit cash on a casino platform. These purchases can be made without using a credit card or a bank account.
Paysafecard is a popular voucher system available across the world. This service allows players to buy vouchers from local retailers and ATMs. A specific code is then used at an online casino site.
However, online casino vouchers and prepaid cards can’t be used for withdrawals; they can only be used to top up your casino account.
In recent years, the use of mobile apps has gained momentum worldwide. This payment method allows players to send cash instantly to the casino site. Google Pay is one option rising in popularity, with over 100 million users.
How to Deposit Cash at Online Casinos?
To deposit cash at an online casino, you should follow the five-step depositing process advised below. It is simple enough for even the most technologically-challenged online casino player.
#1 Open an online casino account
Once you’ve chosen your casino site, open an account by following the steps provided on the platform. Just log on if you already have an existing account.
#2 Choose the deposit method
Locate the platform’s cashier section and select your chosen deposit method. The platform will need to verify some personal information before you proceed with the transaction.
#3 Use a bonus code
If available, enter a bonus code to claim deposit bonuses before making your cash deposit. Many casino sites offer welcome bonuses for newly registered players.
#4 Stand by for processing
Payment processing times vary, although most options are instant Credit/debit cards and e-wallets are usually the quickest method, while bank transfers can take up to a few days.
#5 Play and enjoy!
Once the funds have been deposited into your casino account, you can play your chosen games.
One of the most crucial features of any online casino is the ability to make deposits quickly, effortlessly, and safely – no matter through which payment method. The casinos accept a wide variety of deposit methods, some of which are deposit only, while others allow you to withdraw your profits back to your deposit method. Depositing with cash at online casinos is now easier than ever and just as convenient as other deposit ways!