What is the best online casino deposit option for you

As more and more of us take advantage of access to the internet to help us make our lives easier, so the risks associated with that clearly increase. It is now a regular feature of our daily newspapers that someone has been the victim of identity theft or fraud as a result of financial transactions on the internet. Nevertheless the convenience of shopping online or internet banking is so great that it is a risk many of us are prepared to take. At onlinecasino.ie we are of course primarily interested in how we use the internet in our leisure time, specifically when accessing an online casino. Again those of us who enjoy playing casino games at an online casino know that this clearly requires us to transfer money into an online casino account, but we are obviously prepared to take the risk that is associated with any financial transactions online. There are however a number of deposit options available to us at most online casinos and some of these are clearly better than others. The most important factor of any financial transaction over the internet is clearly the security of our personal data, but there are also various other questions we should ask depending on what we are trying to achieve. We have no reason to believe that any of the online casinos on our recommended list do not have the necessary controls and security measures relating to our personal information, and all of them offer a wide range of deposit options designed to suit everybody. These deposit options generally include everything from credit cards to e-wallets, so what other questions should we be asking to help us decide the best online casino deposit option for us.

Since the introduction of the internet and as the range of goods and services we can access online has expanded, we have become used to paying for those goods and services using a credit card. When purchasing products over the internet there may be very good reasons for using a credit card, particularly when you are using an internet retailer you do not know. Shopping on the high street allows us to assess what sort of company we are dealing with quite easily because we can see how they present their products and what sort of service we get from their staff, but shopping online does not give us that opportunity. All the major credit cards offer us an element of insurance if we do not receive the goods or if they are broken or unsuitable, so it makes sense to use a credit card when purchasing online. However none of these considerations apply to transferring money to an online casino account in order to play casino games. As far as we are aware no credit card supplier is likely to reimburse you if you lose money playing casino games, quite the opposite in fact. Not only will they quite reasonably not compensate you for your gambling losses, but they will actually charge you for using a credit card to fund playing casino games. All the major credit card issuers do everything in their power to dissuade us from using a credit card to fund nay form of gambling, and automatically apply a surcharge which can be as high as 2% on any such transaction. It is difficult to argue against their disapproval of using a credit card for gambling purposes because it is actually gambling with borrowed money, but whether they are justified in applying a surcharge is open to debate. One thing is clear and that is that using a credit card as a deposit option to enable us to play casino games online will cost us money even before we have placed a bet. It is also true that using a credit card as an online casino deposit option will be treated as a cash transaction in the same way as using an ATM, and will therefore also attract interest from day one irrespective of how good you are at paying off the full balance of your card. All in all there are no good reasons for using a credit card as an online casino deposit option.

Most of us with a current account at a bank have been issued with a debit card to enable us to pay for goods and services from that account. All the major online casinos will also accept most debit cards as a means of funding an account. There are one or two exceptions, but most banks will not apply a surcharge for using a debit card to fund gambling on casino games, nor will there be any interest charges because there must be sufficient money in a current account to cover the debit card transaction. On the face of it a debit card is a reasonable choice from the deposit options offered by the online casinos although for some of us there are still some concerns. As we have already said we have no reason to suppose that the online casinos we recommend do not have sufficiently robust systems to protect our personal data, but using a debit card as a deposit option does mean that the online casino has access to your banking details. It also means that your bank will be aware of what you are doing with your money, and that may even affect any credit decisions they might make in the future. We should also point out that these two potential negative aspects of using a debit card also apply if you choose to use a cheque or even an electronic transfer.

The best and most secure deposit option of all is of course using cash, and in Ireland both Paddy Power and Ladbrokes allow their online casino customers to manage their accounts with cash at any of their high street betting shops. Many online casinos also include pre-loaded cards such as Paysafe or Ucash among their deposit options, and once again they represent a perfectly satisfactory deposit option choice.

Last but not least of the good online casino deposit options is an e-wallet. Pay Pal is probably the best known e-wallet provider, but Neteller and Moneybookers are also accepted by many online casinos. Using an e-wallet as a deposit option satisfies almost every criteria we have raised in this article and is probably the best available choice.