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Banking
After searching to find the casino
or sportsbook that's right for you, the next step to becoming an online gambler
is funding your account. In this section, we'll discuss the various types of
banking methods, their basic procedures, and the steps you need to take to
safely and efficiently establish your online bankroll.
Deposits
While individual
casinos, sportsbooks and other types of betting sites each have their own
specific banking methods they all utilize many of the same resources. These
include:
Credit/Debit Cards
Firepay
NETeller
Wire Transfer
Checks and Money Orders
PrePaidATM
900pay
Below is a brief
description of each of these deposit methods, how they work, and how to use them
to fund your online gambling accounts.
Credit/Debit Cards
One of the fastest and easiest ways
to fund an online gambling account is through credit/debit cards. All
transactions are processed immediately and if approved by the card's issuing
company, * funds will be deposited into the player's account immediately.
To make a deposit
via a credit or debit card, players need simply to log on to their chosen
gambling site, select the CASHIER option, choose "Deposit by Credit Card" and
fill out the requested personal information.
*Due to recent
changes in banking procedures, many credit card companies no longer allow
deposits to be made into online gambling accounts.
As with
depositing, withdrawing cash from an online casino account to a credit/debit
card is one of the fastest and most convenient methods. In previous years,
withdrawals made through credit/debit cards were limited to the original deposit
amount, thus requiring players to request funds through additional methods, most
often via check. Today, many sites now offer players the option to withdraw
additional money (i.e. winnings) via their credit card and are no longer
constrained to original deposit limits.
When you wish to
make a withdrawal, click on "CASHIER". The CASHIER will automatically be
adjusted to display "Withdrawal by Credit/Debit Card" if you have registered a
card to which the 'Withdrawal by Credit/Debit Card" function is applicable.
Select the withdrawal amount, click on the corresponding withdraw processing
link and the funds will be transferred onto the credit/debit card.
Firepay
Firepay is a
payment method whereby players deposit funds into their account in order to
transfer funds between themselves and various online merchants (including
casinos and other forms of gambling sites). Firepay offers e-mail confirmation
of purchases and online account activity statements. Firepay accounts may be
funded either directly from a U.S. bank account or via ACH or "E-Checks."
To open an
account with Firepay visit their web site at
www.firepay.com. Make sure that the e-mail address you register with is the
same one that you registered with at the casino. The registration process takes
2-3 business days. After registering, follow the steps below to use your Firepay
account in the casino:
f you have used
Firepay to deposit funds, you may quickly and easily withdraw funds back into
your Firepay account. All winnings up to the amount purchased using Firepay
(within the last 180 days) will be refunded back to your Firepay account free of
charge.
To withdraw funds
through Firepay, simply start the casino and click on "CASHIER". Select
"Withdrawal by Firepay" and follow the instructions provided.
For further
information, please click on HELP in the casino's CASHIER or consult Firepay
Help Center. Any additional questions may be directed to Firepay via e-mail at
info@firepay.com.
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Log into your
casino account
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Go the cashier
and choose the deposit option
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Click on the
register new credit card icon.
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Fill in the
required fields exactly as you did when you opened your Firepay account.
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In the space
provided for credit card number, enter your Firepay 16-digit number.
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In the "expiry"
date field, enter the expiry date for your Firepay account.
NETELLER
NETeller is a
convenient, fast and secure way to transfer money while online. There is no fee
to transfer funds to and from casino accounts using NETeller, and player
accounts will typically be credited instantly. NETeller offers a wide range of
deposit options including: deposits by credit/debit card, electronic fund
transfer (EFT), bank deposit as well as NETeller InstaCASH and FCash.
When you have
registered with NETeller, simply start the casino and click on "CASHIER". Select
"Deposit by NETeller". Enter the amount you would like to deposit, your NETeller
account ID, and your NETeller secure ID and press "PROCESS DEPOSIT".
NETeller
offers several withdrawal methods including withdrawal by Credit Card,
Electronic Funds Transfer, Check, Fed Ex Check and FCash. (If you do not have a
NETeller account, please go to
http://www.neteller.com/
and apply.) To request your winnings please start the casino and click on
"CASHIER". Select "Withdrawal by NETeller" and follow the instructions. For
further information, please click on HELP in the cashier in the casino or
consult NETeller Help.
Besides the
convenience, another reason to use NETeller when funding your account is because
some casinos offer additional deposit bonuses to NETeller users. king
solomons casino, for example, offers new players (first deposit only) a
bonus of up to $100 when depositing through NETeller.
To open a
NETeller account or for additional information regarding NETeller's operating
procedures, visit their web site at
http://www.neteller.com/.
Wire Transfer
A Wire Transfer is an electronic
bank transfer from your bank account to an online casino's payment provider. It
is one of the safest and fastest methods for funding/withdrawing from an online
gambling account.
Since wiring
instructions vary with each casino, to get started with this deposit method
click on the "CASHIER" at the chosen gambling site, select "Wire Transfer" from
the deposit options and follow the instructions posted there.
In addition to
being safe and fast, many online casinos offer players additional deposit bonus
cash for using wire transfers.
Checks and Money Orders
Another option
for depositing funds into an online gambling account is via a cashier's check or
money order. To begin this funding method, players must first visit their
selected gambling site, click on "CASHIER" and follow the instructions listed
under "deposit by check or money order." Note that to avoid problems or delays,
players may be required to enclose personal information (name, provider account,
PIN code, etc) with the deposit.
Although deposits
through checks and money orders generally take longer to appear in the casino
account than do others, they may be appealing to some players who can afford to
wait. This is because many sites now offer players special comps when funding
their accounts via these methods.
PrePaidATM
One of the most recent developments
for aiding online gamblers with account funding, PrePaidATM is an online money
transfer service that functions like an ATM card, debit card, and money transfer
card all in one. Simply deposit money into your PrePaidATM using a credit card,
Paypal, electronic check, bank wire, Quick Collect, or card-to-card transfer,
and begin making online purchases of any kind. Please note, however, that
PrePaidATM is currently available to U.S. residents only.
To open an
account, go to
http://www.prepaidatm.com/ and deposit your money. Then log on to your
selected casino and select the PrePaidATM option at the Cashier.
PrePaidATM
Highlights
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Make online
purchases without revealing personal information
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Send money
anywhere in the world in seconds
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Withdraw cash
from ATM machines worldwide
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Receive payment
for goods or services that you provide
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Fund your
account in the method of your choice
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ATM card is not
tied to a bank account
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Inexpensive way
to send money
900PAY
900pay is a convenient new payment
method for U.S residents that allows online gamblers to deposit into their
casino account and have the money charged to their phone bill without the use of
credit cards and bank accounts.
To make a
deposit, just go to the casino cashier, Click DEPOSIT, and Choose 900pay as the
desired deposit method. Enter the amount you wish to deposit. (Please note that
players may deposit US $75, US $100 and US $150 per transaction.) You will then
be taken to the 900Pay web site for creating a 900Pay account or logging into
your existing 900Pay account. You will then be taken through the process of
charging your deposit to your phone bill. Please follow the instructions to
complete the deposit process.
900pay Highlights
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No credit card
required
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No interest on
charges
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No hidden fees
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No long
distance charges
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