Modern online casinos give you a good array of deposit options, but not all players have access to them all and not everyone feels comfortable enough using some of these features. As such, you can struggle to find the right deposit method that will truly make you feel safe when spending money to play in the world’s best online casinos.
Thankfully, we’re here to help you out. This article will serve as a guide to help you decide which deposit method works best for you as well as which withdrawal methods are faster to help you get your money in and out of your favorite online casinos as quickly as possible.
Read this guide before making your final decision and be sure to select a payment method that suits your needs. Keep in mind that transfer fees can often be imposed, which means that certain e-wallet services could charge extra fees for performing deposits and withdrawals. Always read the fine print before transferring money between services.
Precautions to Take Before Depositing Money
We know that you’re probably eager to get started, but there are some precautions that you must take if you truly want to withdraw and deposit money as safely as possible.
Online transactions are never as safe as a land-based transaction, but that doesn’t mean that your data is always exposed. It does mean, however, that your personal information is likely exposed to constant attacks from external threats, but there are ways in which you can combat this by having just a little bit of care before playing online.
These two simple methods will ensure that your information is safe at all times. Follow them and you’ll be safe!
Make Sure that Your Computer is Virus-Free
Keyloggers and malware that records the information that you type on your computer are going to be your worst enemies when gambling online and attempting to remain free of any issues while doing so. Unfortunately, this type of malware has become extremely common and it’s very easy to install it on your computer by accident.
Always run a full antivirus scan before inputting personal information on any site – especially if you’re going to be typing information related to your bank account.
Keyloggers could record the data of your passwords, credit cards (including the security codes and your name), bank account details, and anything that you enter on your computer. Always run antivirus scans if you:
- Have downloaded programs in the past weeks
- Used USB devices, regardless of where you got them from, in the last few weeks
- Installed programs from untrusted sources
Double Check that You’re on a “Secure” Site
There are some types of malware that could redirect you into visiting other sites, or online casinos that aren’t safe and could prompt your personal information to be stolen. To make sure that you’re on a secure site, see that there’s a green “lock” icon at one side of the site’s name on the search bar. You will be able to see it on Firefox and Chrome.
If the lock is green, the site should be a safe one to visit. If the lock is red, you should avoid inputting any personal information on the site by any means. Your data is prone to be stolen if you do happen to enter any info while on an insecure site.
All of the online casinos found here, at The Casino Wizard, are safe and encrypted under SSL protocols that will keep your personal information protected from all sorts of attacks. However, it could be a risk visiting online casinos that aren’t reviewed by us.
Safest Deposit Methods
Apart from ensuring that your personal information isn’t exposed to attacks from external sources, one of the best ways in which you can ensure that your data is properly managed is to choose methods that are properly regulated.
Respectable online casinos, licensed by the world’s most prominent gambling authorities, offer safe and secure options that will keep you from losing your data to online attackers and threats. It’s important for you to keep your eyes open at all times and play at regulated online casinos only, as others could signify a threat to your data.
In any case, online casinos often give you various options to choose from when it comes to the deposit methods that you use, but most of them are as safe as they come. You just have to pick one that suits your needs and that adapts to what you’re looking for.Play at Videoslots Casino
Trusted e-Wallet Services
There are dozens of e-wallet services out there. However, those that you’ll find in most online casinos are either Skrill or Neteller. These two companies are known to charge no fees for your transactions and they make it easy for online casinos to deal with your money in an instant, which speeds up the process and makes you able to play with the cash almost instantly.
Some online casinos also offer PayPal, one of the world’s most popular payment methods and the most common e-wallet service. The best PayPal casinos in the world tend to stand out, and they’re often also among the best overall casinos in the world.
In any case, Skrill and Neteller are very solid e-wallet services that process payments as quickly as possible. You’ll notice how some of these services are great both for withdrawals as well as for payments, as the money is transferred within an hour or two.
Some online casinos might take more than one hour to process Skrill and Neteller payments, but the transfers tend to be almost instant. This could be due to internal casino policies where the staff needs to double-check each transaction, but it’s not due to your money not being safe.
Bank Wire Transfers
Even though many online casinos would rather have their players make their deposits using credit cards or e-wallet services, most of the best online casinos in the world allow players to use bank wire transfers to get their money deposited into each online casino’s wallet.
In most cases, bank transfers tend to be a bit more tedious to perform and the money could take a bit longer to get processed and assimilated into your casino account wallet. It shouldn’t take more than a few hours, though, depending on the casino.
Bank Wire Transfer timeframes tend to be much worse when withdrawing money than when you deposit it, though. This is because casino employees need to make the transfers themselves, which could cause delayed waiting times that could be as prolonged as 5 to 7 business days.
For most players, Bank Wire Transfers are the best option for whenever they feel like they don’t have access to other payment methods.Play at One Casino
Credit Card Payments
If you’re looking for an instant and safe way to transfer money into your online casino account, you might want to consider the option of using direct credit card payments. Credit card deposits tend to be processed in a matter of seconds, as it only takes an automatic confirmation for the money to be credited from your card to the casino of your choice.
Likewise, card payments tend to be processed a bit quicker when making a withdrawal from an online casino. In most cases, these are the types of payments that you’ll want to choose if you have a credit card at your hand and you simply don’t want to waste time before you start playing.
It’s important to note, however, that credit card payments can be slow and it can take time to process them depending on your bank and the casino that receives the payment. Much like bank wires, the main issue arises when withdrawing the money and not when you deposit it.
Are Bitcoin Payments Safe?
Bitcoin payments are mostly safe, but these are the ones that you need to look out the most for. You need to make sure that you’re really playing at a licensed bitcoin casino, such as BitStarz or mBit, or you might risk losing all of your cash.
Remember that bitcoins are not regulated by any entities, which means that the payments are non-refundable and there will be no complaints for you to place if you get scammed out of your money.
Always look for the licenses of a bitcoin casino before committing your cash to the virtual institution. Traditional bank payments can be refunded if you fight enough with the casino or with your bank, but a bitcoin or cryptocurrency transfer will signify the end of your money if you happen to get it misplaced.
SSL encryption is also crucial when making bitcoin payments. You need to be sure that you’re visiting a casino with safe browsing features.
Adding to that, you need to make sure that the bitcoin wallet that you’re using is safe enough. Always opt to use services with a good reputation – even if fees might be higher than those with a lower reputation. Remember that you get what you pay for.
Withdrawing Money? These are the Quickest Casino Withdrawal Methods
This guide is mainly focused around online casino deposits, but we know that you’ll probably win some cash when playing online, so withdrawals come as an equally important aspect of the life of an online gamer.
As such, we’ll be quickly overviewing the most important and safer withdrawal methods with which you’ll be able to get your money in a matter of a few hours. Some of these withdrawal methods should be processed almost instantly, but bear in mind that it all depends on the individual policies of each casino. Some casinos act quicker than others.Play at Wildz Casino
Just like it’s the case with most deposits, e-wallet services get processed extremely quickly whenever you sue them to make withdrawals from your casino account. You’ll notice that your money will be granted to you in a matter of just a few minutes after making the withdrawal, which is why many people prefer to pay the extra fees that some of these services charge per each transfer that you make.
The best and most secure option that you have, when it comes to e-wallet services, is using PayPal. These transactions take almost no time to make and you will be able to do them in a safe environment controlled by PayPal.
One of the main advantages of using PayPal is that most online casinos that accept this payment method are rated among the best in the world. Unsafe casinos rarely choose PayPal as an option as the money would be far too easy to trackback. Safe online casinos are confident that the money will always be on the hands of the player, which is why you will only find PayPal on sites like those.
Bitcoin withdrawals and deposits work in a very similar way. If you’ve ever played in bitcoin online casinos before, then you know that they often assign you a bitcoin wallet for your account as soon as you open it. This wallet is the one that will be sued to make both the deposits and the withdrawals from the casino, so they should be done rather promptly and they take almost no time.
Since you’re getting a bitcoin wallet with your bitcoin casino account, that means that you control the money and you can choose when to transfer it from your casino account to your own wallet. This whole thing speeds up the process and makes you able to make the withdrawal in a matter of seconds.
The process basically works like a traditional cryptocurrency transfer between yourself. It’s like transferring the money from one of your wallets to another, which is why it takes almost no time for the process to be completed. No processing times and no hidden fees incur when doing this.
Are Credit Card Withdrawals Quick?
Credit card withdrawals are just as safe as credit card deposits, but the main difference between them is that the withdrawals tend to take a few days before being processed. You will be able to instantly get your money when making a deposit, but withdrawal does take longer and you need to be patient about it.
It’s a small price to pay, though, as entering your credit card info tends to be a much quicker process than making a wire transfer. It’s up to you to decide what to prioritize.
What Payment Method Should You Choose?
Now that you have a good idea of how all of these payment and withdrawal methods work, you only need to choose which of these is more convenient for you and use it. We’ve mentioned the most important methods, but you’ll also come across other safe options like Sofort, Rapid Transfer, direct payments with Maestro, and more.
These methods are the safest out there as well as the quickest, so you’ll be better off choosing one of the ones we mentioned in this article if you want to get your hands on your money as quickly as possible.