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The promise of a bonus makes some people think that the right casino site has been found. It is not always true. Every site has different rules and regulations that apply to their bonuses. Your game tactics also determine how bonuses and promotions work for you.

Welcome Casino Bonus

Online casinos often have a generous welcome bonus for first-time players. Sometimes this bonus is offered on more than one deposit. At times there is a fixed amount. Percentages of the deposit are also applied in some instances. Be sure to read through the terms and conditions before choosing a site. Bonus money can only be received after meeting the stated requirements.

Perhaps you find a gaming site that has a significant number of blackjack games and slots machines. You are happy with their software and feel confident about their customer support. The bonus advertised on the site is 20%, applicable to your first deposit. After reading the rules, you find out that the 20% is much more challenging to receive than you first thought.

In a situation like this, you may consider depositing $100 into your online account. It is implied that you will receive an extra $20 by agreeing to the bonus. There are rules, however, to abide by. The site rules may state something like, “an x18 must be completed before getting the bonus.” These wager requirements are common to most casino sites. The x18 means that you will have to bet 18 times more than the primary deposit to remain eligible for the bonus money. This total is $1800. This amount is wholly inflated and most likely unable to be met in the specified time frame.

Comp Points Casino Bonus

Do not let this example discourage you from looking for a decent bonus, however. There are some good ones out there. Take a look at casino sites advertising ‘comp points.’ Comp points are given free and clear for simple tasks like friend referrals or regular game play.

Friend referrals are easy to accomplish. Choose a few friends and share the link to the casino site. Once the friends register for an account on the casino site, they will need to make a deposit and start playing. You can receive a percentage of their primary deposit for your efforts. Comp points are given to regular players when they play games over long periods. The usual amount awarded is between 1-5 points per one dollar bet in the casino. These points transfer to credits and can be used on your favorite games.

Funding Casino Bonus

Another variation of the bonus feature is called a “funding method.” These bonuses are given to players when they add a new payment method to their accounts. It is not every day that you see these types of bonus offers, but you should take advantage when you do. The bonus is awarded when you add your credit card or online payment account to your casino account. You can expect a percentage of your initial deposit to be added to your player’s account. Once deposited, the bonus is available right away to be used on your favorite games.

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Online casino players are not strangers to the generic list of casino payment methods they can choose from. This list is often long and sometimes comes with restrictions associated with bonus payouts and time frames. These lists can elicit some confusion, even from seasoned players.

Many casino gamers only consider using popular payment methods, like credit cards or PayPal, because they lack information on the lesser-known choices. But, there may be some excellent qualities associated with things like a prepaid card or e-wallet that make them better choices.

We have done the research for you. Take a look at the information we have gathered on some of the deposit and withdrawal methods available.

 

9 Casino Payment Methods

Credit and Debit Cards

It is the most accepted casino payment method. The accepted cards can be easily found on each site by looking for the credit card logo. This method never goes out of style.

Debit and credit cards are often used due to their reliable security measures. If you worry a lot about online security, it may be best to stick with this option. You can find casinos that offer MasterCard, Visa, and Maestro on our review site:

  • Accepted at most online casinos
  • Excellent security methods

Most sites only accept mainstream card choices.

 

Bank Transfers

Bank transfers are also often referred to as wire transfers. Well-known sites, such as Dunder, are accepting this as a casino payment method. It takes money out of your bank account. This is a popular method utilized by new gamers.

This method is very secure and easy to start, but it isn’t always the timeliest choice. You won’t be able to play until the transaction has cleared.

  • Allows you to stay anonymous
  • Considered one of the most secure options.

Funds are not available immediately.

 

Neteller

Neteller is an e-wallet used by many popular online casinos such as Casino of Dreams, Dunder, and Casumo. It is run by the British payment company Paysafe Group, and it’s known for quick payouts and modern security methods.

  • Can be used on almost every casino site
  • Speedy withdrawals
  • Excellent security.

Paysafecard

Paysafecard is a prepaid card that the majority of online casinos accept. Some of the compatible casino sites are Casino of Dreams, 32Red, and Casumo. Many others also comply.

You can buy and add money to the card at a physical retailer that is conveniently located. Once you have purchased the card you can easily use it for your favorite online casino payment method. You must keep track of your 16-digit PIN number to retain access to your funds:

  • A safe way to make online payments.
  • Quick payouts.

You must go to a retailer to acquire the card, making it a less convenient option.

 

Skrill

Skrill was originally released under the name of Moneybookers. This e-wallet shares some similarities with PayPal. Your Skrill account handles transfers to and from your bank or debit card. It allows you to keep your bank account information in a secure environment instead of sharing it with the casino.

Skrill also gives you the choice of prepaid MasterCard with their name on it. Dunder and 32Red accept Skrill:

  • Widely accepted by many casinos
  • Trustworthy and Reputable e-wallet
  • Most recent and updated security methods.

PayPal

PayPal is one of the best choices you can make when choosing an e-wallet. It has been in business since 1998. It has had sufficient time to perfect its casino payment method. Anyone who has purchased online, especially from eBay, knows how PayPal works. eBay took control of PayPal in 2002, but it is now advertised separately.

PayPal encompasses all of your favorite features in one place. There is no problem finding an online casino to accept PayPal. The most well-known in 32Red:

  • Long-standing business with an excellent reputation
  • Fast and convenient withdrawals and deposits
  • Great customer support.

Trustly

Trustly is a lesser-known method of payment. It is not as widely accepted on casino sites as others. There are, however, some positive aspects of this method. There is a 2048-bit encryption that is a part of their security system. This reinforces the safe processing of your money. You do not need your own account to use Trustly. You can easily use Trustly by visiting their site and following transfer directions.

One popular site that accepts Trustly is Dunder:

  • Registration for an account is not necessary
  • Money comes out of your bank account safely.

Not always accepted at your favorite casino.

 

ecoPayz

If you’re looking for a prepaid card or e-wallet option that’s a little less well-known, ecoPayz is a great choice. Their prepaid card is the ecoCard, and it’s a great option for people who like to have flexibility in their payment methods.

The company has been around since 2000, making it a lasting business endeavor. One casino site that is sure to accept ecoPayz is 32Red:

  • A choice to use either the e-wallet or prepaid card method
  • Free account signup
  • Keeps your information away from the casino site.

Entropay

The early 2000s were also the time when Entropay entered the market. Their goal was to make online payment options available to everyone. Credit cards were previously the leading online casino payment method. Those with low credit scores are unable to participate in some forms of online payment methods. Entropay made payments possible at all the same places as Visa.

Money is added to your Entropay account and kept there until you use it. If any foul play occurs, there is no way to access any of your other monetary accounts. There is no bank information on file. This is not a concern, however, as Entropay uses sufficient security measures. A popular Entropay online casino is 32Red:

  • The business has been around for a long time
  • It gives you the choice of using a prepaid card or the e-wallet method
  • Usable at all the same places that accept Visa.

Bottom Line on Casino Payment Methods

This is just a starting point for finding online casino payment methods. There are many other options out there. Use our site to help you find an online casino that meets all of your needs.