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Why use an e-wallet to fund online casino games

By admin on 2013-12-28 12:47:17

There is no doubt that one of our pet topics on this site is the often thorny question of how to fund playing casino games at an online casino. Most if not all the online casino operators offer a wide range of deposit options designed to suit all their potential customers, and it is not their fault that the banks are not so obliging. The biggest potential problem relates to the use of a credit card as a casino deposit option, which is unfortunate because many of us automatically reach for a credit card when paying for transactions over the internet. Clearly there is also a moral question relating to what is effectively gambling with borrowed money, but our primary concern is the additional surcharges which most card issuers apply when the credit card is used for anything relating to gambling. These charges can be as much as 2% of the transaction value, which when coupled with the fact that interest is also charged from day one makes using a credit card as a casino deposit option an expensive business. We should also point out that some banks also apply surcharges to the use of debit cards to fund playing casino games online, so let’s take another look at the alternatives. Apart from managing your account with cash through a high street betting shop, which is an option for both Ladbrokes and Paddy Power customers in Ireland, we are left with the e-wallet. Almost all our online casinos are Pay Pal or Neteller casinos and many will accept deposits from both of these e-wallet accounts. There are definite advantages to using an e-wallet to fund playing online casino games, not least of which is that your bank has no way of knowing what you are using the account for and cannot therefore charge you extra. On the opposite side of an e-wallet transaction the online casino also has no access to your bank details which again increases your personal security. How you fund your e-wallet is entirely your choice, including a credit card if you must.