Banking Methods for Playing Live Casinos

Aside from hard cash and photos of our loved ones, something that we always keep in our wallets is a bank card. Paying with plastic instead of actual money has become a routine and so has making transactions online. It’s a short, harmless process that requires barely a minute of your time. As we all know, bank cards are issued by our bank. Depending on the bank and the status of your bank account, you will have a more or less powerful card. The two most popular card brands are Visa and MasterCard, but people also widely use American Express and Maestro among others.

Electronic wallets emerged as one of the best alternatives to credit and debit cards. Using e-wallets at online casinos is just as efficient, if not more, and does not require disclosing any financial details. Anonymity and the highest levels of protection are what turns players towards these digital systems of transferring money online. Furthermore, they are also widely available and easy to use. E-wallets perform outstandingly in their role as intermediaries between the source of funds of the user (bank, card etc.) and the live dealer casino. They all use heavy encryption protocols employed to safeguard all the transactions and financial details involved.

Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, Dash, Monero – these are all digital currencies available on the global market. Invisible, impalpable money created inside the virtual world and destined never to leave it. Well, once it’s there, why not use it on live dealer casino games? You can, if you want to, as there are more and more casinos accepting this revolutionary concept of paying with cryptocurrencies for everything from goods to entertainment. The unique BlockChain infrastructure of cryptocurrencies ensures incredible security. Furthermore, they aren’t tied to banks or traditional financial institutions, making users completely anonymous. Some players have used this in the past to get around local gambling restrictions. However, Bitcoin and other crypto casinos require special consideration for a variety of reasons.

Checks and old-school wire transfers are considered by most users to be very outdated at this point. Still, that doesn’t make them obsolete – not yet anyway. Some people still have trouble trusting their financial situation to a little piece of plastic – and that’s fine. Others aren’t too keen on throwing their financial information all over the internet by registering for this e-wallet or that service. This is a very valid concern as well. Either way, the traditional routes of wiring your money to the live casino’s account is completely viable. Some even accept checks, which can make your life even easier.

Instead of making you use your everyday bank card, the casinos will often offer you the opportunity to make use of prepaid cards. The name explains how they work – you purchase a card of a certain value and you spend that value on playing at a live dealer casino. By using such a method, the player does not share his/her financial details with the casino platform. Specific prepaid voucher options are so simple that they don’t even require you to have a credit card, or a bank account for that matter. Even more conveniently, most big-brand vouchers are available at thousands of shops in hundreds of countries.

Let’s not forgot our little handheld friends – our mobiles and tablets. After all, we spend more time with them than any other object in our surroundings. Since they can be used for multiple purposes, you should know that you can also use them for accessing live casino games. For the experience to be as enjoyable as possible, payment processors such as MuchBetter, Boku, Zimpler or Siru Mobile will make sure that your money reaches the casino account in record speed and that your withdrawals get credited in a timely fashion when requested, all through everyone’s favorite gadget.

Deposits at live casinos are generally instant, so you can immediately start playing. Withdrawals, however, are another matter entirely. Many things factor into how long casino withdrawals take, and your choice of method is one of them. By and large, e-wallets offer the quickest payments across the board – as far as the service operators are concerned, withdrawals can be instant. However, the same can’t be said for all live casinos. Some take a while to vet and confirm each withdrawal request, which can slow down the process considerably. Usually, though, the waiting times are no longer than a day or two.

No-one is intentionally going to make their service payment unsafe. All of these service providers do their best to protect user transactions and information. However, some methods are inherently safer than others. For example, pre-paid vouchers are incredibly secure by definition because they don’t expose your bank account in any way. Similarly, most cryptocurrencies are completely secure – even though their virtual nature may seem untrustworthy to some. All of these points are something you should consider before making your first live casino deposit.

Generally speaking, good methods for live casino payments have no fees, period. However, calculating the cost of using the service is not all that comes into play here. For instance, bank cards usually come with maintenance fees, which is something to keep in mind. Moreover, some methods allow you to convert currencies online, which is a useful feature if you’re not living in a country that uses Euros, US Dollars, or Pounds. Converting with a sub-par method can really dig into your profit margins. These are just some examples of things to pay attention to when picking a method.