Online Casino Deposits

We all know that it can be difficult to deposit at online casinos. Couple a limited number of payment options with potential banking restrictions, and you sometimes have to jump through multiple hoops to make a deposit.

Today, we will cover a few things you may have to do to get a deposit to go through successfully. Most of these have to do with fraud prevention policies put in place by banks and financial institutions. Others are helpful tips that can get your account funded when other options fail.

Verify “Fraudulent Transactions” With Your Bank

If you plan to use a credit card, debit card, or bank transfer to fund your account at real money online casinos, there is a good chance it will fail the first time. That’s because many online casinos use payment processors located outside of the United States. This usually automatically flags the transaction as potentially fraudulent.

If you have automated fraud notifications set up on your accounts, you may get a text, phone call, or email asking about the transaction. For those that can verify transactions automatically through email or text, go ahead and do so. Otherwise, you will need to call your bank to verify that you tried to make this transaction.

After you verify that everything is OK, you can usually make another deposit attempt with the casino. Generally, you will have to wait at least 30 minutes to do so. Also, if you’re going to try again, do so relatively quickly. If you wait a few days to try again, you may have to go through this process again.

Use Prepaid Credit Cards

Debit cards and credit cards are regulated much more stringently than prepaid credit cards. For clarity, a prepaid credit card is one that you load with money like you would a gift card. Some places will call these debit cards, but that’s entirely accurate. A true debit card pulls off your bank and can overdraw your account. A prepaid card will never overdraw your account.

Prepaid Credit Cards Online Casinos

Most banks do not regulate prepaid cards the same way they do credit cards. There’s no incentive for them to do so as they cannot make any extra money like they can with credit and debit cards. This may result in you being able to deposit at online casinos much easier than other methods.

Use a Third-Party Payment Service

Some online casinos will offer third-party payment services to fund your online casino deposit. They work in one of two ways. The first type of service will allow you to “make a purchase” in the amount of your deposit. That way, a retail transaction code is sent to your bank rather than a gambling transaction code.

The other way a third-party system works is that you purchase a little bit of Bitcoin, Litecoin, or other crypto and that crypto is sent to the online casino. This option is frequently used at Bitcoin online casinos as an alternative way to make crypto deposits.

Player to Player Transfers

At some casinos like Slots.LV, you will have the option to make Player-to-Player transfers. That means that another player at the casino sends money to your account. If you have a friend that already has money on the casino, you can offer to send them some money in person in exchange for them sending you money at the casino.

Player to Player Transfer Online Casinos

This option is extremely popular at online poker rooms and a great alternative for online casinos. For some players, this will be an easier way to cash out than going through the standard withdrawal process. It will also make things a bit easier for when you want to make a deposit.

Use an E-Wallet Debit Card

Some e-wallets like PayPal now offer you to request and use a Visa or MasterCard debit card to draw funds off of your e-wallet. Even if your online casino does not accept your e-Wallet for payment, you may be able to use your debit card from that wallet. That’s because the transaction is a Visa transaction rather than an e-Wallet transaction.

If this option sounds a bit iffy, that’s because it is. Your odds of this working are a little less than 50%. However, if you find a casino where this works, it will likely always work. If you have a debit card with an e-Wallet, it doesn’t hurt to give it a try.

 

About the Author
James Guill avatar
James Guill

James Guill is a veteran of the gambling media industry. James started his career as a semi-professional poker player, traveling the US to play tournament poker. In 2008, he transitioned to the media side. Since that time, James has worked for many established brands, including PokerNews, OnGame, Bwin, CardPlayer Lifestyle, Poker Junkie, and Ivey Poker. He also wrote for PokerNews Australia and once had his work featured on G4’s Attack of the Show.

James has a wealth of gambling knowledge and can write on most topics. He also keeps an eye on the growing Bitcoin gambling market and is a HODLer of BTC and several top altcoins. Check out James’ Game of the Week feature, covering the latest and greatest online slot games. James is also a part-time picker, traveling around Virginia looking for deals to flip.

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James Guill is a veteran of the gambling media industry. James started his career as a semi-professional poker player, traveling the US to play tournament poker. In 2008, he transitioned to the media side. Since that time, James has worked for many established brands, including PokerNews, OnGame, Bwin, CardPlayer Lifestyle, Poker Junkie, and Ivey Poker. He also wrote for PokerNews Australia and once had his work featured on G4’s Attack of the Show.

James has a wealth of gambling knowledge and can write on most topics. He also keeps an eye on the growing Bitcoin gambling market and is a HODLer of BTC and several top altcoins. Check out James’ Game of the Week feature, covering the latest and greatest online slot games. James is also a part-time picker, traveling around Virginia looking for deals to flip.

READ MORE
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