Every real money online game requires banking. A credit card is probably the easiest and the most common method in this respect. Its biggest benefit is convenience and prevalence as almost everybody owns it. Most gambling houses accept them as they are well protected, absolutely safe and suitable for big money operations.
Credit Card Casino Payment – Full List
Some years ago gamblers treated this way of banking with a sort of suspicion. The financial institutions worked miracles to better the situation and now can boast of the absolute safety, speed and comfort. Cashing out or deposits via Visa or MasterCard can be called classical. These two are probably the most famous and trusted among credit cards.
Visa
Visa has the status of the most prosperous and widespread payment network around the world. Be ready to pay 2% or 3% (depending on the online casino) each time you deposit money via it. You can put a sum from $10 and up to $5,000 on your balance. The majority of rules concerning withdrawing money (limitations, fees) is regulated by the gambling houses. The process usually takes 3-7 working days.
MasterCard
MasterCard is the Visa’s biggest opponent team. It is recognized in 210 countries of the globe. The operations are fast and easy. You may borrow from it if you are planning to make a deposit, but are short of money. For some too hazardous players, this is a doubtful advantage. The operations are safe, but you are to be attentive and cautious with your personal information.
Others
Americans enjoy using American Express for Internet shopping, but they are not happy to realize that very few online casinos want it as a banking method. The reason is in harsh legislation in the gambling field in the USA. You can be clear that the site is good if it accepts this sort of credit cards.
Real Cash Gameplay Overview
To begin playing for real using plastic money is easy. At the chosen website you do all the necessary registration stuff (this will require some of your personal details). Then, you go to the cashier page and choose there the banking method you want (a credit card in this case) and follow the instructions.
Bonus Types
Very often fun providers attract customers by pretty lavish bonuses like “200% up to $5,000”. It sounds interesting. But that’s just a trick. Because of wagering requirements, you will hardly manage to withdraw your bonus gains. This point has lots of pitfalls, so, please, read all the rules and conditions carefully before depositing.
Games
The providers of credit cards are rather strict and unambiguous when it comes to the list of gambling services they are ready to accomplish. In most cases, these include the following:
- Casino games like slots, baccarat, keno etc.;
- Games of chance like poker and bingo;
- Sports betting.
Deposit & Withdrawing Aspects
The processes of depositing and withdrawing money are fairly simple, quick and absolutely alike. At the cashier page, you choose the desired action (cashing out or putting cash).
On choosing credit card, you’ll have to enter the following information: your name (exactly as it is written on your card), 16-digit card number, expiration date and the 3-digit CVC. Then you indicate the desired amount and press a “Confirm” button.
Wagering
As mentioned above, many gamblers often have problems with cashing out their winnings and bonus funds because of harsh wagering requirements (a sum which must be spent for the game before the player can withdraw something). For example, the bonus sounds like “200% up to $4,000”.
This means that on depositing $2,000 you get extra $4,000, the total is $6,000. Sounds great, yeah? But you probably weren’t warned that the wagering requirement is 20x, so you’ll have to spend $120,000 before getting your wins.
Fee
You should also keep up that the majority of credit card companies charges the transaction fee from the players, which is the percentage of the money transferred.
Cashout Limits
As a rule, the min and max amount for payment operations performed via credit options is regulated by the bank to which it is linked or by the casino. Some may have daily, weekly or even monthly restrictions. In most cases, the min is $10 and the max is $5,000.
Safety
So, as you can see plastic cash can make the gambling process simpler and faster. If you doubt the safety of the transactions or the privacy, choose only trusted websites, read its security policy carefully and remember about making yourself safe: playing at public computers always log out and don’t save your password and never tell your banking details to anybody. Following this, be sure of the safety and comfort of your favorite pastime.