Ever since 2006, when the UIGEA bill was passed in United States it started to become more and more difficult for US casino players to make a deposit or cash out their winnings out of an online casino. A very good proportion of the online casinos just stopped service US players in 2006. Fortunately there are still a handful of online casinos that are reputable and at the same time they are allowing US players to join. In this article we are planning to offer you an overview of the most popular payment methods that an US citizen can still use for the online casinos that are still left on the US market.
The very first thing that you should take into consideration when you decide to sign up for an online casino, is to try out the credit cards that you have in order to make a deposit. These are by far one of the easiest ways you can make a deposit at an online casino. While there is a big rumor about a very large number of credit cards getting rejected when trying to make a deposit at an online gambling site, you might get lucky. Some online casinos are even claiming to have some incredibly high rates of success with customers from United States making deposits via credit cards.
Here is a short list with some of the credit cards that you can use in order to make a deposit at an online casino: Visa, Visa Electron, MasterCard, American Express and others.
The money transfer Online casino payment method is considered to be one of the last resorts that you have available the moment when everything failed to work. The most popular money transfer payment methods are Western Union and Moneygram. While the online casinos are not saying anything on their website about these payment methods, you can make a deposit by asking specific details from the customer support service. The advantage of this payment method is that it always works and the transaction is going to happen almost instantly. But you have to go to an office that offers this service in order to complete it and at the same time it can be a little bit expensive especially if you compare it with the other payment methods presented here.
Bank Wire and Bank Drafts
The bank wire and bank drafts are usually used by online casino players in order to receive or send larger amounts of money. The main advantage of this payment method is the fact that it’s the safest way to transfer money. At the same time this payment method is worth using only when you are transferring large amounts of money due to the fact that the fees are high.
The checks can be used most of the time in order to cash out your winnings from an online casino. They are an excellent payment method thanks to the fact that the fees are low and at the same time the money is being transferred to you securely. The only downside of this online casino payment method is that you will have to wait a couple of days for the casino to process your check and to actually receive the check in the mail.
The ewallet payment methods are another excellent payment method that manages to offer an excellent equilibrium between the costs and the advantages that you get when you are using them. The system is very simple in case you are familiar with how Paypal works, you will be able to understand how all these payment methods work. You need basically to open up an account and transfer the money over to the online ewallet company and from that account you can transfer it over to the online casino. This way you will not have your credit cards rejected, you will not have to share your sensitive credit card information with the online gambling sites. The fees are usually low compared to other online payment methods and the transactions are most of the time done instantly.
Prepaid cards and Prepaid debit cards
The concept behind prepaid cards and virtual prepaid debit cards is similar. You need to pay upfront a certain sum that you choose and after that you can use that prepaid card to make a deposit at an online casino. The benefit of this payment method is that it’s safe and at the same time you also get the chance to see that most of the time there are no fees involved in making a payment towards an online casino with this payment method. One of the downsides of the prepaid cards is that you can only use it to make a deposit and for withdrawals you will have to find another payment methods.