Depositing Funds to Your Online Casino & Poker Room Account - The Best Options
Ways To Deposit When I first wanted to start playing in online casinos and poker rooms, I thought it would be as easy as 123 to start playing ? surely all you need to do is to download the software enter your credit card details and away you go? Well yes kind of, but you may already have seen there are a multitude of different payment and deposit methods available ranging from credit and debit cards right the way through to the good old snail mail check! There are a range of options but it is vitally important that you choose the right one otherwise your casino and poker play may not be as rewarding as you first think. Credit Cards Historically credit cards have always been the first thing people think of when looking to deposit money ? and why not ? these days most of the major banks offer internet fraud protection and depositing via credit card is pretty instantaneous ? so what is the problem ? well there could be a few. 1, A lot of US credit card issuers now will not allow you to use their cards for gambling transactions, this is also now starting to hit the rest of the world with other big issuers. 2, Mastercard now prohibit winnings from being re deposited back onto cards bearing their logo. 3, Some banks both in the US and UK who do allow their credit cards to be used to deposit money, account for these transactions slightly differently and as a result charge interest differently usually with no interest free period and certainly in the UK with interest rates in excess of 21% AER. 4, There may also be limits with some online casinos and online poker rooms on the amount of money you can deposit and have re deposited back onto your card so if you win big you may not get it all back! Debit Cards Now becoming more standardised around the world but used heavily in the UK and Europe, don't tend to suffer the same restrictions as credit cards and of course because the money is coming directly out of your bank account ? unless you have an overdraft facility you are not exposed to the excessive interest rates associated with credit cards. Bank Transfers Still used a lot to make payments for bills etc, one of the biggest issues with bank transfers is the time ? funds are not moved immediately so you often have to wait before you can use your gaming account for anything upto five days ? during which lets be honest the banks will be earning some interest off your money, and at the same time the banks will charge you for the privilege of transferring your money this way. Online Payment Services I guess Paypal may well have started this trend off but now there are a whole host of online payment services to choose from (Paypal incidentally not being one of them as when they were took over by Ebay they stopped allowing Paypal to be used for casino transactions) The best known ones are Neteller, Moneybookers, Western Union & Stormpay but there are others such as Citadel. All pretty much offer a similar service in that you open an account with them ? for free and you can then deposit money into them using either a credit or debit card or by wire transfer etc, once you have deposited money into them you can then use this account to deposit and withdraw funds from your online casino or poker room account ? in most cases immediately. All have a range of different services attached to them and, obviously they have to make there money somewhere, a range of different charges ? as an example I deposited £25 into my Neteller account from my UK credit card and was charged a 98p handling fee by Neteller ? which was taken directly off the credit card ? approx 4% charge which is quite a lot especially if you are depositing large amounts into the account. However one of the main advantages of using services such as this is that you can accept money and deposit money in different currencies ? all converted at the payment services conversion rates and you can use one account to fund a range of different casino and poker accounts ? and of course one account to receive all of your winnings! One final word of caution on this though ? when using your credit card to deposit funds into your payment service account just check with your card issuer that they do not treat these deposits in the same way as they would treat a deposit to a casino and sting you with high rates of interest on the transaction. Snail Mail Methods Need I say anything ? if you really don't want to use any of the above or you are scared about leaving your details on the internet then you can always send a good old cheque (check!) and wait for it to clear ? some (not all) online casinos and poker rooms accept this method. Conclusion There are a myriad of different ways for you to enjoy your online gaming and deposit and withdraw money safely, if you do struggle to use your credit card then one piece of advice which the banks would kill me for saying is to balance transfer the money off your credit card into your bank account then use your debit card to deposit the funds (thus avoiding the hefty interest charges) ? be careful though for balance transfer fees but this is a whole different article! Andy Denton runs a number of websites including one specifically on poker strategy and poker site reviews - http://www.haveaflutter.com/ and also has extensive experience of working in the financial services industry.
Related News
|
 |
|
|
RELATED ARTICLES
Video Poker - Tips to Remember
Video poker is an easy game to learn to play well, so do take the time to learn the basic
draw strategy, as well as the best machines to play (the ones with the most favorable
payout schedule). In addition, the tips below will give you a better chance of winning
and overall make the game more enjoyable.
Getting the Best Odds on Soccer Betting Markets
There are many ways to bet on a football match. Increased competition and the ability to lay bets on Betfair have made it possible to take the same bet at different prices depending on the market.
Do the Laundry or Win the Lottery
On the Friday afternoon drive home, I'm relieved the weekend has finally arrived. Sleeping in, afternoons at the pool and?the looming pile of clothes on the laundry room floor! The endless list of household tasks never seems to go away. While stopping for gas along the highway, I pick up a few lottery tickets for the Saturday night draw.
American Gambling Basics
Casinos have always been a destination for the wealthy and the famous, however, these days they are hoping to be a regular stopover. But the gambling cannot be confined to one spot. However gone are the days when Las Vegas was the all and all destination for serious gambling.
When Should You Hang Up Your Betting Boots for the Day?
Quit as soon as you are in front for the day?
Online Poker Table Selection - How to find the most profitable table to play on
Knowing where and at what times the loosest poker games are played are the number one secret for those who play online poker successfully.
All About Video Poker
Video poker is a casino game that has much in common with slot machines, but it is a slot machine game combined with the rules of five card draw poker in a very specific manner. Video poker is often considered by many experienced gamblers to be vastly superior to slot machines because of the effect that skilled play has on the potential payback of the machine. While slot machines are programmed to pay back a certain percentage of the money that is fed into the machine, video poker pays back a percentage that can be affected by perfect strategic play.
Pyramid Solitaire: A Strategy Guide For Beginners
Pyramid Solitaire is a fun solitaire game, with a very distinctive opening tableau in the shape of a pyramid. There is a large element of luck involved, but there are certain strategies that can be used to dramatically increase your chances of winning.
Gambling in Monte Carlo
Along the French Riviera, the Principality of Monaco Houses the small city of Monte Carlo. The city clings to the shore of the Mediterranean in beautiful sprawls of secluded bays and the small port of Monte Carlo.
Fancy Winning A Million Pound Jackpot?
Slot machines have become over the last hundred years, one of the most popular games in land-based casinos. This popularity has now spread to online casinos increasing the amount of people playing slots by millions. So why are online slot machines so popular? Well, they are easy and fun to play, but they also offer the prospect of million pound jackpots and huge paybacks if lady luck smiles on the player. No wonder, online slot machines are driving a major portion of the huge growth in online casinos.
Roulette System: 4 Most Important Factors To Beat Roulette at Online/Offline Casino
In this article, you are going to learn about
the most important factors to beat the roulette and the entire casino including most of its games.
Gambling Stories 101
A win at a gambling table can be fun narrating. The gambling is being popularized by word-of-mouth technique as there are many who have such success stories to share with the aspirants. These can be real fun but one has to actually win for getting started with such a story. Winning is not always easy. But experienced gamers do observe a lot and then sit on the table. Shuffle tracking etc. are the main techniques for winning a hand of poker. Poker and black jack are associated with tricks but still they are very popular among the people thus they are still played at all places.
Compulsive Gambler Continues Down Self Destructive Path With Little Hopes To Stop Gambling
Everyday I here of compulsive gamblers who are continuing to gamble even though they have tried one recovery program or another. This is a story of a compulsive gambler named Robert who relapsed over and over again until he found the right recovery program.
Las Vegas Dining and Drinks as Cheap as it Gets
Las Vegas, my favorite destination doesn't have to cost a fortune. I would consider myself a sharp spender, good with my money... Ok I will admit it I am CHEAP! Over the years I have found some great deals in Las Vegas. Lets start out with my favorite, food.
What To Do With Your Winnings So You Dont Go Broke
It's been proven time and time again that the majority lottery or other gambling cash prize winners will be broke within a few years of winning. What a very depressing statistic.
The Secret of Making Odds Only Bets
Pssst...! Wanna know a secret?
Gambling Interesting Facts
Soccerbetting
Gambling Addiction 101
A lot many of us know something or the other about gambling, must have at some point or the other have indulged in it in some or the other form. A trip to Las Vegas takes us right into the heart of the matter although the start might be as simple as a game of poker with friends while waiting for the school bus. However there are still a lot of things you still might know abut the game ? addiction to gambling is just one of those things.
Soccer Livebetting
Live betting is one of the main sources of income for the bookmaker why?
The Silver Club Casino
The Book is run by Leroy's Sports Book and is easy to get to. This is the best place to go if you want to make a bet and not wait in a line. It is also the best place to watch a game if you do not like big crowds. The Sports Book is very clean and it is not too smoky, very important if you are a non-smoker. The Silver Club Sports Book is located on the top floor, which is also home to 2 nice bars, several big screens, TV's throughout the top floor, pool tables, and slot machines.
|
