Casino Deposit Methods For USA Players
Since funding your gambling account is the first step you have to take before you can begin online gambling in the U.S.A., you will want to explore the different casino deposit methods in 2022 open to USA players. Deposit methods fluctuate fairly frequently, and players are always looking for information on new deposit methods as they arrive. In making payments into these gambling sites you are essentially entrusting your banking information with these sites, which is why we recommend you use trusted payment processors and trusted online casinos accepting USA players.
Several basic types of deposit methods are available through legal online casinos, and you will want to understand the basic premise of each. Credit cards are the easiest. If you don't know how a credit card works you probably have no business trying to gamble online. E-wallets are somewhat more complicated, but they provide extra layers of security, multiple funding methods, and even the ability to withdraw. Everything else is generally a direct bank method, like an e-check or a wire transfer. Prepaid cards and vouchers are also on the table, which allows you to pay for casino credits by way of cash and anonymity rather than a bank account. Regardless of how you want to deposit, know that you should have no trouble actually doing so in the event that you actually know what deposit methods you have at your disposal.
Know going in that online casinos which accept players from the United States will have a couple of methods in which you can deposit. After all, it wouldn't make any sense to accept you, but not have a way in which U.S. players can deposit. Below on this page, you will get a list of the different types of methods of depositing there are for USA players, along with a brief description of what it is. Basic information such as what type of method it is, how long it will take to make a deposit and have it show up in your account, and the potential fees associated with each method are all very important when deciding about which way you would like to deposit into your online casino account. Fortunately for you, we have done our homework, and all you have to do is read this page to find out all about it.
Short Reviews Of Each USA Casino Deposit Method
Bitcoin is the fastest and easiest way to get money into your sportsbook or casino account. The original cryptocurrency, it is also the most widely accepted and used as far as payment methods go. Often has lower wait times and better bonuses than other deposit methods.
Bitcoin Deposit Info
|Bovada||$10||$5,000||0%||Up to 24 hours|
|BetOnline||$20||$500,000||0%||Up to 15 minutes|
|MyBookie||$20||$10,000||0%||Up to 15 minutes|
|Xbet||$20||Depends On Customer Level||0%||Up to 15 minutes|
AmEx is not a very commonly accepted credit card in the world of online gambling, but this is still a simple and easy to use funding method. This charge card will allow you to control how much you spend, as debt can grow out of control if used irresponsibly.
American Express Deposit Info
Credit cards are the basic deposit method through every single online casino. You just have to throw in your numbers and the payment will be made very easily. Credit card gambling deposits begin with the account number on the card, but also require the expiration date and the security code on the back.
MasterCard may be one of the two major credit cards used around the United States, but it is not always found through online gambling sites. MasterCard for online gambling is still frequently used through some of the bigger names in the industry, and this means easy access to the games with nothing more than entering 23 some odd digits.
MasterCard Deposit Info
|Bovada||$20||$1,500||15.9% Or Higher|
Prepaid cards are similar to debit cards in that they allow you to make payments into your gambling account with a piece of plastic, but they are not actually tied to your personal banking information.
Visa is the leading credit card around the world, and you should have no problems making payments with your card if you stick to any of our casinos. While there is a slight rate of failure associated with these cards, it is never so high that this method is not worth using.
VISA Deposit Info
|Bovada||$20||$1,500||15.9% Or Higher|
EChecks are a simple way to get money into and out of your favorite online sportsbook. They're a bit outdated now, with their upsides being more prominent with cryptocurrency.
Western Union is a business that processes wire transfers, which are a common method of withdrawal from many online sportsbooks. These transfers are safe and easy to access.
EZVoucher is a business model that operates almost like a proto-cryptocurrency. You convert your money into vouches that can then be converted back into money at participating businesses. However, cryptocurrency is often a more reliable method of dpeosit than EZVoucher.
MoneyLineWallet is an e-wallet company that is built around fast and easy to use services. They're a bit new to the scene, but you can access very quick deposits and withdrawals as well as laudable security measures when you use MoneyLineWallet.
MyPayLinq is an e-wallet that is still available in many parts of the world. You can choose to use them still, although casinos have moved more towards a cryptocurrency model and less towards a traditional finance model that e-wallets represent.
PasteandPay works similarly to EZVoucher - you convert money into vouchers, and then convert vouchers into money at whatever online sportsbook you prefer. It's a good option if your card is being declined.
Withdrawing Money From Online Casinos
Depositing is only one half of financial transactions you are going to process, we would also like to discuss withdrawals. Withdrawals are what we are all hoping for when gambling, and each different casino offers a way to get your winnings out of your account without too much trouble. Some deposit methods cannot be used for withdrawals, while others can. Notably, cryptocurrency can be used for withdrawals, but only if you deposit while using it as well.
If you want to withdraw your casino winnings, You will have to verify your personal identification. This used to require a form to be filled out and faxed in, but now it can be done online. Generally, you will need to verify your credit card, your location, your residency, and your name. This can be done fairly easily, but you will still need to do it in order for the casino to process withdrawals for you.
Casino Bonuses And Why They Matter
Some casino bonuses can only be achieved with specific deposit methods. For example, many online casinos reserve their best bonuses in terms of monetary value for those who deposit with bitcoin and other cryptocurrency. Accessing these bonuses is as simple as using the right deposit method when you deposit, and entering the right bonus code.
Legal Issues With Depositing Money Into Online Casinos
The legal issues of online gambling do pertain to processing payments, but this is not an issue that you are liable for. The Unlawful Internet Gambling Enforcement Act, the UIGEA, has made it illegal for gambling sites to knowingly accept payments, not for players to knowingly make deposits into gambling sites. That having been said, the UIGEA has made it so payment processors and gambling sites are liable for damages - gamblers themselves are not. No where in the UIGEA has it been written that playing in an online casino is illegal. With this being said, making deposits into online gambling sites is not actually a crime.
See our online gambling laws page for more information.
1) Why would my credit card deposit rejected at an online casino?
Your deposit can be rejected in the event that either your bank restricts gambling payments due to the UIGEA, deeming gambling payments as a high risk transaction, or due to not processing international transactions.
2) I made a payment into my gambling site, but the payment on my online banking came up as something totally unrelated to online gambling. Why?
Online gambling sites use payment processors outside of their business in order to facilitate easier transactions outside of the UIGEA's scope of coverage.
3) How fast does it take to process my credit card verification form?
Once the casino receives the verification form, it will take up to 72 hours for them to verify all of the info by way of their security department.
4) Are there any fees to depositing with a credit card?
Some gambling sites will impose a fee for making a payment with a credit card, but it will never be more than 5% of the total payment.
5) Can I have my winnings transferred back onto my credit card after I have won?
No. You cannot withdraw back onto a credit card, you need to use another withdrawal method, including e-wallets and wire transfers.
6) How often can I make withdrawals?
For the most part, every online casino has its own withdrawal limits, generally on a week-by-week basis. You can generally withdraw from $3,000 to $5,000 per week, though some will allow you to raise these limits or make other arrangements.
7) Do I have to submit my verification form for every single credit card or just the won that I won with?
Every credit card you deposit into the gambling site with requires you to submit a fax back form with it.
8) How many times can I deposit per day?
For the most part, you can make deposits as many times per day as you want.
9) Will I get arrested for making gambling deposits into an online casino?
No. The Unlawful Internet Gambling Enforcement Act has nothing to do with players making gambling deposits into an online casino.
10) How fast are deposits into these gambling sites?
Credit card deposits can happen instantaneously, as can cryptocurrency deposits. Other deposit methods generally take a bit longer, have higher fees, or lower deposit maximums.
See more online gambling sites accepting USA players here.