Online Casino Depositing 101

Online transactions are becoming increasingly commonplace. As technology becomes more widespread, many of us happily enjoy the convenience of internet payments. Why pay bills in person when you can tap your phone a few times and make them disappear? Despite this, many of us are much more sceptical about using the same methods to make online casino deposits.

Now, we understand the wariness. However, as long as you stick to the best online casinos for Indians and trusted payment methods, your transactions will be safe. This article will walk you through the basics of depositing funds. What payment option to pick? How do transactions work? What are some possible complications with certain payment processors? Read on to find the answers.

Choosing a Payment Method

The internet is an amazing tool for players who want a choice. You can choose from a variety of options that balance convenience, security and privacy. Depending on what you value, you will pick your favourite payment method accordingly. We advise sticking to just one or two at most, to keep things manageable.

E-Wallets

For many Indian punters, e-wallets like Neteller and Skrill are the best way to play. You transfer funds into the e-wallet, and can then use it to make online payments. That includes online gambling! Transactions are very quick with e-wallets and are usually almost instant.  They rate high on all three categories but come with a few downsides. There are usually costs involved with taking money out of the e-wallet. On top of that, some online casinos do not make their welcome offers available for e-wallets.

Cryptocurrencies

Privacy is something we all want more of, both online and in the real world. For players who are completely committed to this, cryptocurrencies offer a way to be in full control of your funds. This payment method always had security and privacy in the bag, and it has become more convenient to use nowadays. If you need a place to start your crypto journey, we advise trying out the most popular cryptocurrencies used for online casino deposits.

Pre-paid cards

If you do not want to attach your payment information to the internet at all, pre-paid cards are usually a good bet. You buy them at a store, and can then use those funds with an online casino that accepts them. Very few pre-paid cards sold in India are widely accepted with operators, unfortunately. Even then, you run into the issue of not being able to withdraw your winnings with pre-paid cards.

Credit & Debit cards

This would usually be the most convenient option, as it would not require you to register anywhere. Unfortunately, due to the weird undefined legal area online gambling exists in, credit and debit cards are not useful. Gambling transactions are blocked, forcing punters to use e-wallets or cryptocurrencies to get around the restriction. Bank transfers run into the same problem.

How to Deposit

Depositing funds is made simple on purpose by online casinos. The process begins by registering your account. Once active, you will have a space titled either “Cashier” or “My Account”, or some variation of that. Clicking said button will take you to a separate area. Select deposit, and pick your desired payment method if it is available.

Assuming the method is available, you will then be asked to enter payment information. This varies between payment methods. E-wallets require you to log in while pre-paid cards ask you to enter their code. You should also remember to enter any promotional codes that you have if your online casino supports that feature. Once you confirm the payment, the deposit should go through and you can start playing!

What about Withdrawals?

For the most part, withdrawing funds works the same. You only swap the Deposit section for Withdrawal. You need to have enough money available to withdraw it from the online casino. Choose your payment method, then enter the amount you want to withdraw. Confirm the transaction, and then it is sent for processing.

Many websites will do their best to immediately process and transfer funds to you. Most reputable operators we at Indian Casino Club recommend will transfer funds to the player within 24 hours. It can take even longer depending on your payment method. Cryptocurrencies and e-wallets are very quick. However, bank transfers and credit/debit card withdrawals will usually require a few days to appear on your balance.