Take care to choose the right online casino deposit option for you

As more and more of us use the internet to purchase goods and services and perhaps to pay our utility bills, we are also increasingly risking identity theft and fraud. At least that is what we are told on a regular basis. Certainly there have been many reports recently of hackers being able to steal our personal information from a number of major national and international companies, but we are apparently still very willing to continue using the internet in spite of such concerns. If we wanted proof of our preference for shopping online the recent Black Friday events were apparently marked by empty shops, but record online takings. Shopping is clearly not the only activity which has dramatically increased online, many of us also use the internet for some of our leisure activities including of course playing casino games at one of the many online casinos. It is obviously this use of the internet which interests us most here at onlinecasino.ie, and is of course the reason why we were established in the first place. When the major bookmakers decided to start introducing casino games on their online sports gambling sites, they started to attract a whole new fan base ranging from regular visitors to our real casinos, through to slot machine fans and even bingo enthusiasts who were suddenly able to enjoy playing their favourite game without leaving home. Most of these new online casino games players were however used to financing their gaming activities with cash, whereas playing casino games online required them to open an account and decide how to deposit money into that account. All the major online casinos offer a wide range of deposit options designed to provide their customers with as much choice as possible, but although they are all perfectly legitimate some of these deposit options are not as good as others. Here at onlinecasino.ie we believe that choosing the right deposit option is as important as choosing the right online casino, which is why we regular return to this particular topic.

We have already mentioned that many of the new online casino games players were used to playing with cash, and from a personal data security point of view there is clearly no better way to fund playing your favourite games. The first thing we should do therefore is to tell our Irish readers that both Paddy Power and Ladbrokes do allow their online casino customers to manage their accounts using cash at any of their high street betting shops. If you have convenient access to one of these betting shops then this is certainly the best way to fund playing your online casino games. There is also another way to use cash as a deposit option, and that is a pre-loaded card such as Paysafe or Ucash, both of which are accepted by most online casinos.

As far as the rest of us are concerned we have to select one of the alternative deposit options provided by the online casino operators. Many of us have become accustomed to reaching for a credit card when we are purchasing something online because of the built-in insurance element should the product be faulty or even not turn up at all. Those reasons are however irrelevant when using a credit card to fund playing casino games. In fact using a credit card as a means of funding your casino games is actually gambling with borrowed money, which is certainly never a good idea. On top of that the banks are also not very happy about any of us using a credit card for the purpose of gambling, and demonstrate their displeasure by applying a surcharge of up to 2% on any such transaction. We all know that playing casino games involves the risk of losing money, and we are also aware that there is always a house edge against us so why would anyone choose to start playing their casino games already showing a loss if there were better alternatives on offer. If you are still not convinced that using a credit card as an online casino deposit option is not a good idea, there is one other additional cost to take into account. Using a credit card to fund playing casino games online is considered to be a cash transaction in the same way a withdrawing cash from an ATM, and will therefore attract interest at credit card rates from day one, irrespective of how good you are at settling your credit card balance every month.

All the online casinos also accept most debit cards as a way of funding an online casino account, and using a debit card will not usually attract any additional bank charges or interest, but it does mean that the online casino operator will have access to your bank details. The online casinos on our recommended list do all have good secure financial management systems, but we all know there is always a risk. Using a debit card also means that your bank will know that you are playing casino games online, which may or may not be important to you.

Last but not least we come to using an e-wallet account as an online casino deposit option. Again all the online casinos on our recommended list will accept at least one of the major e-wallets as a deposit option. The best known e-wallet is probably PayPal, but a Neteller e-wallet account is also widely accepted by the online casinos. The main advantage of opening an e-wallet account and using it to fund your online casino account is that the online casino does not have access to your personal banking details, which therefore increases your financial security. It is also true that your bank will not know that you are playing casino games with money from your e-wallet account, or indeed know anything about the account. Apart from cash we do not think there is a better way to fund an online casino account than using an e-wallet, both in terms or personal security or cost.