Banking and Money Transfer

The normal and oldest way to deposit money into a casino account is by use of a credit card. Since the market is expanding, some new methods were established in the end of the 90's, which have lots of advantages. Here are some of the most important:

Pros: Credit Cards are accepted by all the online casinos. The transaction is fast and easy and the fees are usually paid by the casinos.

Cons: In Europe there is a huge skepticism about paying for anything on the internet with a credit card. I have been using my card for years and have no yet found any problems, of course there is a risk, when you give your card number to anybody, but this is also the case, when you pay with your card in a restaurant or for any other service. In my opinion, paying with a credit card on the internet is as insecure as paying for something anywhere else, and at the moment, credit card companies provide excellent security measures against fraudulent use of your card.

A real disadvantage with credit cards is the lack of information. You only receive a statement once a month and this means you're never sure if a particular casino has already paid you. On top of this, lots of credit card companies will not accept withdrawals by online casinos. For this reasons I rarely use my credit card.

Pros: Neteller is free, easy to use, very clear, and secure. You can always check all your transactions and they are accepted by almost every online casino. Sometimes you may even get an extra bonus for depositing with Neteller.

There are different ways to place money into your Neteller account (Bank wire, Credit Card, Peer to Peer). Whoever plays the system that I am providing on this website, doesn't even have to deposit money, because the first amount of money comes from the casinos, but it will make it a lot easier when you deposit 50$ to start with.
To withdraw money from the Neteller account, there are two possible ways: receive the money by check or get the Neteller debit Card with which will enable you to withdraw money directly from your Neteller account at any ATM (Automatic Transaction Machine) that supports Maestro. It couldn't get any easier :)

Cons: Can't see any Cons.

I recommend for everybody to open a free account at Neteller. To really work with them, you have to be certified. If you do not have a credit card to proof of identity, you should write an email to Neteller. There are also other available ways to be certified.

Pros: Wire Transfer is the most secure way to deposit money

Cons: To make an international wire transfer, you have to go to your bank and fill out a form. The transfer itself takes another few days.

Wire transfer can be very fiddly. You can use it to test the system for the first time, but to play in more than one casino, I would recommend Neteller.

Moneybookers is similar to Neteller but unfortunately is not accepted in all online casinos.