While the latest casinos offer all kinds of enticing real money bonus offers, gamblers want safety, anonymity, and tons of cash! The good news is features like digital wallets, and cryptocurrencies let you have it all.
Here are the safest payment methods for gambling. Fortunately, with e-wallets, you can instantly load money and start playing right away (and hopefully start winning) on the most popular casino platforms.
Table of Contents
- Crypto Wallets
Safest Payment Methods for Online Gambling
With tons of casinos and sportsbooks online, you will find a mix of good, bad, and ugly. To avoid dubious casinos, only use gambling operators with valid license details. Additionally, e-wallets offer more protection than credit cards which link to your bank.
Here are some of the most secure payment methods:
Established in 2013 by Block (SQ), Cash App has Jack Dorsey as its owner (and Jay-Z is on the board).
Cash App gambling uses a mobile payment platform to transfer money online. A big perk for gamblers is using CashApp to access different casino match offers AND crypto offers (even more money to gamble with!).
If you are wondering what is the best way to pay for online gambling, Visa is a go-to payment method for gambling operators. It includes 3-D secure protocols and anti-fraud technology. As each transaction records automatically, your money is 100% safe.
Deposits are fee-free, while withdrawals have the same 2-4% charge as Mastercard.
When you are ready to begin:
- Select the Join Now tab at the casino
- Create a user ID and password
- Add your email, name, and other details
- Verify your email address
- Select your Signup Offer
- Click on the Banking tab to add money to your account
- Add your Visa details
- Select the Casino tab and start playing
Novice gamblers often ask how do I protect myself from online gambling if they do not know which sites to visit or which payment options are best. Founded in 1966, Mastercard is one of the most reliable credit and debit cards.
Available through different banks, Mastercard provides safety, security, and reliability. For their prepaid option, look for Vanilla, as you can load with cash and keep it separate from your bank account data.
With heightened fraud detection, your transactions and money are always safe.
Deposits post within a few hours, and fees are usually the same as Visas. Use the same Visa steps above to make your first casino deposit.
Gamblers often ask about online casinos that take Cash App but might not know about EcoPayz. The preferred e-wallet for online payments does not require sharing bank data online with the casino. Free to set up, there are minimal transactional fees for deposits, withdrawals, and wires.
To start using this feature:
- Create a new ecoAccount on the site and add your bank details
- Use your EcoPayz username and password on the casino site that accepts it
- Make transfers in and out of your ecoAccount to your casino account
The Canadian platform is ideal for loading your casino account with money. It works with a trusted payment processor called Gigadat.
Deposits take about 30-minutes to post, but withdrawals take longer (2-5 days). With only small processing fees, expect to only pay $0.47 for transactions under $100 and $1 for charges over $100 (for now!).
Maybe you are curious whether you can use your bank account for online gambling. The answer is yes, but a safer option for prepaid payments without sharing data is Paysafe. It uses vouchers and a 16-digit code (like a credit card).
- Buy a Paysafe voucher at a convenience store that sells them
- Go to the Paysafe site and set up a login
- Type in your 16-digit PIN on the casino site to add money to your account
- When making a withdrawal, select the Transfer Funds/Withdraw option
- Select Paysafe, and it will send money back to your card
Likely the fastest payment options are crypto wallets. They let you remain anonymous, are fee-free, and can instantly make transfers (they use ledgers, not banks). With no deposit or withdrawal delays, you can get your money fast.
If you are new to cryptos, start with a beginner crypto guide. Because casinos offer generous crypto bonuses (worth hundreds or thousands), your research might pay off BIG!
Locked, Loaded, and Ready to Play!
Gamblers want reassurance that their money is safe with online casinos. Payment method factors are processing speeds (cryptos are the fastest), security features, and fees (cryptos have none).
With betting sites 100% encrypted, confidently place real money wagers and make transfers when you want. From e-wallets and credit cards to cryptocurrencies, process your transactions at lightning speed, tap into juicy crypto bonuses, and enjoy anonymity (and your BIG wins!). For more information about online casinos and reviews, visit SBS.