Spin Palace Casino

Canadian Online Casino Player Deposit Options and Banking Methods

Let's say you are interested in getting involved in the great entertainment that is online casino gaming. So you are surfing around and click an affiliate link that takes you right to a casino website. Upon looking around, you'd really like to join up and get in on the action, but you are not sure how to go about it. And even if you understand it, you're not sure which option you can use.

This discussion involves making deposits at online casinos. That is what kicks the whole thing off. Everything else is just conversation. If you are a newcomer, it might interest you that there are a number of ways for you to go. Let's talk about some of them.

Top Canadian Online Casinos

More About Deposit Options

The first step is to go to the casino cashier page on any casino website. You will see a list of deposit methods that are available to you. Most of the time, you will see that they will let you know: (a) what currencies they will accept funds in, (b) what payment methods they honor, and (c) whether that method is for deposit only, withdrawal only, or both.

Credit cards can be, for a lot of people, the easiest and quickest way to get involves as an online casino player. And either a credit card or a debit card is something most people possess. The most prominent cards, by far, that people use for this are Visa and MasterCard, and both of them have debit options that are attached to your bank account. If you do this directly through the casino itself, your information can be encrypted, but you are nonetheless dealing directly with the casino.

A possible drawback to credit cards is that depending on where you are, you could be rejected. Because they are connected to financial institutions, for example, and United States law forbids the banks from being involved in gambling-related transactions, Americans will be blocked, for the most part, from executing gaming deposits with Visa or MasterCard unless the casino is very cleverly able to disguise itself - and its merchant code - as something else. Canadian players will not experience this dilemma.

There is another method that is quite popular =, and that is the electronic wallet, or "e-wallet." E-wallets are electronic payment services that generally allow you to open an account and fund it through whatever payment method you choose. It could be a credit card; it could be a debit card. It could be a direct debit right out of your bank account. Some of them have the capacity to let you fund it into a dedicated account on the website itself, using some other source as a backup.

What is attractive about the e-wallet system is that just about any e-wallet you choose, whether it be Click2Pay, ClickandBuy, InstaDebit or others, is the facilitator of the transaction. Therefore, you are not sharing your financial or credit card information with any third party merchant.

You may be in a position where you are already an account holder at one of the e-wallet services, at which point you can very easily execute a deposit using one of those options. If you are not, it will take you to a signup page.

One of the other options you can use is to write an electronic cheque, or "eCheck," which works just like a regular check, except that you are executing it electronically. Just write it out through an online form, and that starts the process of transferring funds from your bank account into the real money account you are opening with an online casino. Of course, there are some concerns on the part of some people regarding eCheck, since you are certainly sharing your bank account information with a casino, but there's a lot of security behind the transaction.