After registering with an online casino, players have two choices: They can play for fun through the site’s practice mode, or they can play for real money sa gaming . There is no doubt that the latter option is the most sought after of the two, simply because of the fun, challenge and – obviously – the rewards. To play for real money, however, players need to deposit money into their online casino accounts.
Good online casinos will offer their customers several ways to fund their accounts. Not all methods of payment suit all players and a reputable site will provide a range of methods for customers to pick and choose from, based on their gambling lifestyles, their geographical location and the legislation governing how they may or may not pay. For example, Neteller was the most popular choice of payment for North American-based players until the Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in 2006. Almost overnight, US players were not allowed to pay for their gambling fun through Neteller and this remains true today.
There are many different kinds of payment options, although the most common include credit and debit cards, wire transfers, Moneybookers, Click2Pay, EntroPay, NETeller and EcoCard.
Paying for one’s internet gambling fun by credit or debit card is probably one of the simplest ways to go about things, although in recent years it has not been the method of choice by many players in the US. For one, many players are concerned about privacy and security issues surrounding credit card transactions over the internet. In addition, US gamblers are finding it more and more difficult to have their transactions authorized by their banks due to the UIGEA. Depositing funds using a credit or debit card in other parts of the world is still widely acceptable, however.
Simply put, players make deposits into a virtual electronic wallet on the internet and from there, can fund their online gambling accounts. Their ewallet accounts can also be used to make withdrawals. The main advantages of paying by ewallet include discretion, privacy and security. Entropay is another example of a virtual payment method and is accepted almost anywhere that the Visa card is found. As with many of these types of services, the player’s personal and financial details are not disclosed to the online merchant. It must be reiterated that some of these types of virtual payment methods, such as EcoCard and NETeller, may not be used by US players to pay for their online gambling.