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Submitted by admin on 10. March 2022 - 17:16.
3 Alternative Ways to Deposit Money at an Online Casino
Over the last few years, the online gambling industry has gone from strength to strength. In the USA, the American Gaming Association (AGA) recently released data from 2021 which showed that the 33 states (plus Washington DC) which allow online gambling in some form generated a cumulative $53 billion! That’s a significant improvement on the previous record of $43.7 billion, set in 2019. Of course, that eye-watering amount is comprised of millions of much smaller transactions made by individual players such as yourself. The most common method of depositing funds at an online casino are via wire transfer from a personal bank or through the use of credit or debit card information. However, these are not the only options on the table. If you’re looking for an alternative way to deposit money at your online casino of choice, the following three options might just be the right choice for you.

Trustly

Trustly is a third-party payment system which has enjoyed huge popularity among the online gambling community of late. Essentially, Trustly acts as a middleman between your bank and the online casino operator, securely and quickly transferring the funds between the former and the latter. There’s no need to open an account with Trustly or input any information other than your online banking ID credentials, making it incredibly easy to use. What’s more, Trustly differs from most middlemen operations in that it doesn’t take a cut of the proceeds from the customer. The vast majority of online casinos which accept Trustly as a payment method don’t charge their customers for using it, meaning it’s cost-effective and efficient.

Cryptocurrencies

Another innovative way to deposit money at an online casino is via the use of cryptocurrencies. Since the launch of Bitcoin in 2009, a multitude of competitor cryptocurrencies have surfaced, many of which operate on principles of decentralization, meaning no central bank has control over the currency. Nonetheless, this does not mean that they are not secure methods of payment. In fact, quite the opposite is true. The sophisticated blockchain technology upon which most cryptocurrencies are based creates an unalterable but transparent ledger of all transactions. This means that your money cannot be stolen or lost during the deposit process, but neither can your sensitive data be accessed by a third party. What’s more, the process is generally much faster and incurs fewer overheads than alternative methods, making crypto and casinos a match made in heaven.

Phone payments

A relatively new addition to the list of casino deposit options, payment by phone allows gamblers to use their phone credit to make a deposit. Alternatively, for those on a pay monthly contract, the amount deposited can simply be added to their bill. This is a simple, quick and secure method of making a deposit, which is why it is growing in popularity. Despite this rising interest, however, phone payments are still quite novel and as such are not offered by all online casino operators. What’s more, the charges associated with phone payments can vary wildly, from completely free to as much as 10% of the amount deposited. As a result, it’s a good idea to check the terms and conditions of the casino in question before making a deposit. If you’re on the hunt for an alternative method of depositing funds at an online casino, one of the three options listed above might serve your purposes perfectly.

posted by admin // 10-03-2022 // permalink
 
 
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