Legal Deposit Methods for Gambling Sites

Legal gambling sites tend to be easy to deposit into, but there’s still important information to know about deposits at legal online gambling sites. The major things you’re going to want to pay attention to are speed of deposits, accessibility of deposits and fees applied to your deposit. This page covers everything you need to know about depositing at legal online gambling sites, and we’ll get you through it with a comprehensive overview of the top deposit methods at online casinos.

Online Gambling in the USA

The first thing to understand is that online gambling in the USA tends to take place at casinos and sportsbooks located internationally. There are a few states that have fully functional online gambling, but not many, so for most bettors, an international casino is a safer bet. This is why we focus so much on international casinos and the deposit methods that they tend to use.

The major difference between state-regulated and international casinos in terms of deposits is that the international casinos will focus much more heavily on Bitcoin and other forms of cryptocurrency. You will see that international casinos offer bonuses that far exceed their normal bonuses for the use of cryptocurrency.

What To Focus On When Depositing At An Online Casino

Processing Times

Processing times vary depending on what kind of deposit you want to make at an online casino. The fastest processing times belong to cryptocurrency. The slowest belong to checks and money orders. Processing times can be as fast as instant and as slow as a week, depending on the method you choose. If you need to place a bet quickly, pay attention to processing times at your online casino of choice.

Deposit Fees

Deposit fees are arguably the most important thing about online casino deposits. When you deposit, most casinos will charge a fee for doing so with some methods of deposit. The lower the fee, the less you end up paying. Almost every international casino waives fees for deposits with cryptocurrency, so keep that in mind. Online casinos also accept credit and debit cards, which do have fees applied.

Safety

The safety of your money will not be an issue when you deposit with a reputable online casino, no matter how you choose to do so. The only thing you need to worry about is finding a good casino, as the trustworthiness of a transfer method depends entirely on the method of transfer and the people you are transferring to.

Top Online Casino Deposit Methods

Bitcoin – The prototypical cryptocurrency, and still the most used, Bitcoin is an excellent option for deposits at online casinos. International casinos will waive fees for deposits, and you can unlock BTC withdrawals by depositing in BTC.

Litecoin – A version of cryptocurrency built for transactions, Litecoin tends to move faster than many of its competitors in the crypto space.

Ethereum – A major mover and shaker in the crypto world, Ethereum provides no fees and easy, swift deposits at online casinos.

Other Cryptocurrency – The proliferation of cryptocurrency has allowed for some online casinos to take as many as 20 different cryptos, but they’re all treated the same – no fees, larger bonuses and fast deposits.

Debit Cards – You can use debit cards for deposits at many online casinos. They have some fees, but transfer is fast and they’re easy to use.

Credit Cards – We consider credit cards a bit safer than debit cards, but they are sometimes declined and they do have some fees applied to them at many online casinos.

Prepaid Credit Cards – These are an intriguing way to put some distance between your credit card account and your transaction, but you do pay a premium to purchase them, which can cut into your winnings.

Western Union – This method of money transfer does have fees, and it also takes longer than credit or debit cards, but it will not be declined ever.

Checks – This method of deposit takes the most time, and does have fees applied. Checks are rarely used to the point that some casinos are even phasing them out as a deposit method.

Money Orders – Money orders were far more popular in the mid-2010s than they are now, as their role has mostly been supplanted by cryptocurrency. They have fees, and some deposit times. Usable, but not optimal.