May 31

How long do online casino deposits takes?

How Long do Online Casino Deposits TakeIf you’re wondering how long it takes to process online casino deposits, it’s safe to assume you’re new to the iGaming community. Don’t worry, we’ll answer all your depositing time frame questions, and maybe a few others along the way.

IMPORTANT: Before I go on, assuming you are new to real money online casino games, please heed this warning. Only register an account and deposit with reputable, well-established gambling sites that are licenced, regulated and in compliance with the highest security and player protection standards. Join a brand new or disreputable site that’s licenced in some lax jurisdiction like Costa Rica, and you’ll have no trouble depositing, but you may hit a brick wall when it comes time to cash out!

How Long do Online Casino Deposits Take?

The truth is, the time it takes to process a deposit depends on the payment method you use. Some can take a few minutes, others a few days. Fortunately, most are instant, appearing in your account within seconds of submitting the funds. We’ll briefly review the most common payment methods, and the time it takes to process online casino deposits.

Credit Card Deposits

Visa and MasterCard are accepted by almost every online casino on the market. Some also accept AmEx and Discover, though these sites are rare. The time it takes to complete a deposit depends entirely on the time it takes the credit card company to approve the purchase. Most often, it’s about a minute; up to 3 minutes at most.

Debit Card Deposits

Thanks to electric fund transfer (EFT) technology, debit card purchases are instant. As soon as you press the button, the payment info is sent to your bank, which immediately checks to see if the necessary funds are available, then responds with a yes or no. It’s all electronic, so we’re talking a matter of seconds here.

The funds won’t actually arrive in the casino’s bank for a few days. But the beauty of EFTs is, since the operator knows it’s coming, they grant player’s access to the money immediately.

Prepaid Gift Cards and Vouchers

Prepaid cards, gift cards and vouchers work the same as credit cards. It takes about 1-3 minutes at most to verify that the funds are available before the deposit is approved.

Instant eCheck / Instant Bank Transfer

Instant eChecks are an electronic version of paper checks. Instant Bank Transfers are essentially the same thing, but do not require the check number from a paper check. Both are sent via EFT, and require the player’s bank account number, along with the bank’s name and routing number. Being EFTs, they are both processed instantly.

Web Wallets

Web wallets (aka eWallets or online payment processors), include companies like ecoPayz, EntroPay, PayPal, Neteller, and Skrill. They create a link between the player and their personal bank account, allowing players to deposit funds to the eWallet, or transfer them to the casino direct from their bank. Web wallets are a very popular among online casino players. Not only are they an instant deposit option (using EFT technology), they are also eligible for withdraws. Most will even supply their members with an ATM card for instant access to their money following a cashout.

Bank Wire

Bank wires can be slow, and expensive. Unless you have no other option, this probably isn’t the best way to go. Wire transfers usually take 2-3 business days to arrive at the online casino’s bank. Some operators will go ahead and grant you access to the funds, so long as they are assured the money is on the way (similar to EFT). Check the details on the casino’s banking page before using this method.

Check by Mail

Virtually no one uses this method anymore; at least not for deposits. Withdraws yes, when time isn’t of the essence, but that’s about it. It is still an option at some gambling websites, though, so we’ll include it here. An international casino can take 2-3 weeks to receive this form of payment. So if your purpose of researching how long online casino deposits take is to find something quick, don’t choose this one!

written by Grameister777 \\ tags: , , , , , , , , , , , , ,

Feb 24

Visa Gift Card and Prepaid Card Sportsbooks

Canada, Sports Betting, Sportsbook, Visa Comments Off on Visa Gift Card and Prepaid Card Sportsbooks

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Visa gift cards, prepaid cards and other similar payment methods are one of the safest ways you can make a payment online. As a result, they have become very popular with the gambling fraternity, as players look for ways to keep their bank accounts and their cards out of the process, while still getting all of the benefits that users of those methods would receive.

Here in Canada, prepaid cards, gift cards, eChecks and Instant Banking options are at their most popular. For whatever reason, we have really taken to them. Unfortunately, legal sportsbooks and casinos aren’t as common. But there is one sportsbook that stands out, and one that also allows you to deposit and play using these methods. That sportsbook is Sports Interaction.

The Best Canadian Sportsbook

Sports Interaction may be seen as a fringe player in the online sports book market in Europe, but here in Canada it is the best of the best. That’s because Sports Interaction is fully committed to the Canadian market. Not only is it regulated here, but it has been offering its services to Canadian players since 1997, back when it was one of the first to do so.

It also understands the needs of Canadian gamblers. As a result, it is one of the few sportsbooks that will allow you access to extensive gambling markets on sports like curling, ice hockey and the often-overlook Canadian Football League. If you’re sick of playing on foreign sportsbooks, being worried about their legality and being annoyed at the lack of Canadian centric markets, then Sports Interaction could be just what you are looking for.

Sports Interaction Gift Cards and PrePaid Cards

Sports Interaction also excels when it comes to deposit and withdrawal options. They were one of the first North American gambling sites to accept Virtual Visa, EcoCard and other prepaid cards. These payment methods effectively allow you to play with cash, and also mean you can make a deposit without exposing your bank account, debit card or credit card.

Some of these cards, such as the Virtual Visa, can be purchased in store using cash (or whatever other means you want). You choose to place however much money you want on them, and you then use this card on the Sports Interaction sportsbook like you would use a debit card. It has all the benefits, all the security. The difference is, if that card or that number gets lost, it won’t come back to hurt you.

These cards are often seen as one of the most secure ways to play. Some gamblers see them as being over cautious. But it’s not just about security. It’s also one of the few ways to turn cash into virtual gambling currency, and it could be the only option available to customers who don’t have access to credit cards and debit cards.

The Sports Interaction sportsbook offers all of the following prepaid cards and similar methods:

  • EntroPay
  • uKash
  • Swiff
  • Virtual Visa
  • EcoCard

written by Grameister777 \\ tags: , , , , ,