Casino Banking for Players Online
Slotcasinoking.com is your personal guide to finding the casino banking options that are safe and secure online. When it comes to depositing into your online casino account, we know how complicated the casino banking process can get for US players. Various online casino banking methods are available, and it can get quite tricky figuring out which method is the best to use.
Casino banking is there to ensure that players can make secure and straightforward casino deposits and withdrawals. Virtual casinos offer tons of depositing methods as casino online USA operators want to be as fast as possible while being safe for players. To make your instant bank transfer deposits seamless, we have put together a full list of various deposit methods and how they work.
Best Casino Banking Methods for USA Players
| Payment Method | Info | Deposit | Cashout |
|---|---|---|---|
| Visa | Debit, credit and prepaid cards | Instant | 1-5 days |
| MasterCard | Debit, credit and prepaid cards | Instant | 1-5 days |
| American Express | Debit, credit and prepaid cards | Instant | 1-5 days |
| Bitcoin | Cryptocurrency | Instant | Instant |
| eCheck | Checks | 1-4 days | 1-4 days |
| Bank Transfer | Bank transfer | 1-4 days | 1-4 days |
| Wire Transfer | Bank transfer | – | 1-5 days |
| Cashier’s Check | Checks | – | 10 days |
| Western Union | Money Transfer | 24 hours | – |
Online Casino Payment Options: Deposits
USA casino sites accept credit cards, debit cards and prepaid cards as some of the options for making online casino banking transactions. The methods are trusted and are safe to use online, and they have been around for a long time. Other online casino deposit options for deposit include Bitcoin, which is a popular cryptocurrency with immediate deposits.
The online casino payment methods that are accepted include Visa, MasterCard, American Express and Bitcoin. You can be able to read up on the Visa and MasterCard casinos from our guide here on BestUSACasinoSites.com. We also have a guide on how to use American to make deposits at online casinos.
Casino Banking Withdrawals Methods at US Casinos
Playing for real money means there as a chance of winning, and you will want to withdraw them as quickly as possible. In this case, you will want to use a casino payment method that is fast and secure. Fortunately for US players, there are options available to use for making withdrawals at internet casinos.
Keep in minds that there are deposit casino payment options that not available making withdrawals. This means that if you choose Visa as your deposit casino banking method, you will have to select a different option for withdrawals. The options that are available for cashouts include Bitcoin, Wire Transfer, ACH, checks, and bank transfer.
Casino Payment Options : How to Use Bank Transfers
You can make online deposits using the traditional method of bank transfers. This process requires you to advise your bank or to use internet banking for casino deposits.
Bank transfers are not instant and take up to four days to reflect in your gaming account. The same applies in terms of withdrawals. Like any bank transfers, transferring funds into your gaming bank account also comes with bank charges according to the bank that you use.
Bank wire is accepted by many casinos as a payment deposit method. It is perfect for high rollers as it allows for large amounts of money. A Bank Wire transfer provides for funds to be moved directly from a player to a casino and vice versa. It is the simplest banking method which is what also makes it one of the most popular means players use to transfer funds.
Using Credit and Debit Cards as Casino Payment Methods
If you are looking for quick funding and withdrawing process, credit and debit cards are top of the list as casino payment methods. No third party is involved; it is just you and the online casino involved in the process. As soon as your card has been approved and funds transferred, the funds will instantly be available to be used.
Deposits made using the credit cards online casino payment methods such as the American Express cards and MasterCard and Visa are immediately available to be used. Withdraws take up to five days. However, most of the US casino sites don’t allow these safe casino payment methods for withdrawals. Other drawbacks of using credit cards are the transaction fees and high-interest fees.
The American Express has limited casino options, and it requires players to use different withdrawal casino payment methods. Similarly, to credit cards, debit card deposits are instant, and withdrawals also take about a week and inline the American Express, no additional accounts are needed to withdraw winnings.
Cryptocurrencies Casino Banking
Cryptocurrency is also known as virtual or digital currencies. These alternative casino payment methods have not been around for long but are growing in popularity. This form of funding method is safe, anonymous, has higher bonuses and is the perfect way to avoid bank charges and regulations.
Common Cryptocurrencies are:
- Bitcoin
- Ethereum
- Litecoin
- Dash
Casino Banking America: Regulations
A law that seems to confuse many with regards to gambling online is the Unlawful Internet Gambling Enforcement Act (UIGEA). There have been many interpretations of this Act which led people to believe that gambling online is illegal. However, this Act does not state that it merely says that no one can knowingly accept money associated with others that are involved in gambling on the internet.
What’s more, it speaks more about the payment processing companies that were meant to not offer services for online gambling. In simple terms, the act only prohibits banks and other financing companies from being involved with providers of illegal gambling. So, players are not affected in any way by this Act.