Players often overlook banking as they expect it to be the easiest part of the experience. It’s far more difficult to pick a game from hundreds of tables and learn how to play a gambling game than it is to deposit and withdraw money, right?
Wrong. Banking is oftentimes an easy task, but it can become incredibly challenging if you don’t have a reliable payment service. If you want to play roulette online for real money, here are some of the best banking for roulette casinos.
Credit & Debit Cards
This is an obvious choice, as credit cards have been around the casinos for longer than most of us can remember. Credit cards, alongside debit cards, have been the main banking methods at online casinos – and at some casinos, are still are the only way to deposit/withdraw money from the casino.
Two of the most popular credit/debit cards are Visa and MasterCard. Occasionally, a casino might also throw Maestro in the mix, but Maestro cards exist only in debit forms. If you are used to credit cards, then this is a perfect solution for your next gaming adventure.
Withdrawals using cards are not fast, though. This is taken as the main disadvantage, as most players nowadays expect a fast service. Moreover, most MasterCard casinos do not support Mastercard casino withdrawals, so Visa is always a better choice.
We must note that credit cards have been banned in the UK casinos by the UKGC. The reason is that they pose a threat for potential problem gamblers, as players use them to wager money they cannot part with or the money that they don’t actually have. Debit cards are the only type of cards still in use in Ireland and the UK.
- Available everywhere
- Trusted by millions of players
- Easy to use
- Slow withdrawals
- Potential fees
The other option that’s becoming more and more popular – and even threatens to dethrone credit cards – is the e-wallet system. E-wallets, which is short for electronic wallets, are online banking services acting as virtual wallets. In other words, everything you can do with your physical wallet, you can do with an e-wallet.
They became popular with the widespread use of Neteller, Skrill, and PayPal, the trifecta of e-wallet options that are available worldwide. Almost all modern gambling websites offer at least one e-wallet to their customers.
In most cases, that’s either Skrill or Neteller, but PayPal is also a very reliable option to use if you are already a user. The best thing about these wallets is the speed – both deposits and withdrawals are incredibly fast. Ok, so withdrawals take a bit longer to complete, but that’s like a couple of hours max.
Bear in mind that some casinos might choose to exclude Neteller and Skrill from their welcome offers. Deposits with these payment services are accepted, but they won’t count toward securing a welcome offer. But hey, at least you can withdraw money with your chosen wallet, which is not something most payment services can boast about.
- Easy to connect with any credit card or bank account
- Limited availability
- Potential fees for account maintenance
Crypto payments are all the rage now, so it’s no wonder they reached online casinos. Roulette casinos, especially those in the USA, are very fond of cryptocurrency payments.
But crypto payments are available. And as today we have more and more cryptocurrencies, there’s no shortage of crypto payment services. Sure, the most popular is Bitcoin – the OG cryptocurrency – but there are several other options as well.
The majority of online casinos with roulette games are very likely to include Bitcoin and Litecoin, but we’ve seen many gambling sites accepting Ethereum, Ripple, and Tether. Ethereum even became more popular than Litecoin, if you can imagine.
The only issue with cryptocurrency casino payments is that you need a crypto wallet to use them. For most players, that’s not an issue as they are using cryptocurrencies for other uses and so they already have a wallet. But if you are looking to use crypto solely for gambling on the internet, you’ll have to acquire a wallet and top it up with crypto assets. And if you are not that into all that tech stuff, you are not going to like that.
Crypto payments are not allowed in several jurisdictions, including the UK. If you live in the USA, you won’t have that problem.
- Instant payments
- Anonymous transactions
- Popular in the USA
- Not available in the UK & similar jurisdictions
- A lot of mistrust from non-tech-savvy players
Stay tuned for more online roulette banking info and exciting roulette news. If you want to check out the latest roulette strategies, make sure to check out our blog.