Choosing the right online casino deposit option is essential

Here at onlinecasino.ie we are clearly very enthusiastic about playing casino games at an online casino, but we are also aware that in order to pursue our favourite leisure activity we need to transfer money into an online casino account. Any financial transaction over the internet, whether it be paying for goods or services or funding an online casino account requires a certain amount of thought in terms of how we can ensure that our personal data is as secure as possible, but when it comes to transferring money into an online casino account there are also a number of other factors to consider. Clearly safeguarding our personal data and providing a secure environment for us to enjoy playing online casino games is a fundamental duty of any online casino site operator, and one reason why we believe that our list of recommended online casinos is one of the most important elements of this site when it comes to helping potential online casino games players enjoy the experience. The financial and data security systems used by the online casinos on our recommended list is however not the only factor that may influence their enjoyment of playing casino games online, it is also important that they choose the most suitable of the many deposit options offered by all the online casinos. Clearly all the online casinos on our recommended list offer a wide variety of deposit options designed to suit as many prospective players as possible, but we feel it is our duty to point out that some of those options can actually cost you money. We are all aware that playing casino games, whether it is at an online casino or a real casino is not a level playing field and means that we are already facing an in-built house edge which makes it more difficult for us to come out on top in the long run. The fact therefore that we will incur additional costs simply by choosing the wrong way to transfer our stake money into our account must surely make winning even more difficult than it already is. For those of our readers who are not aware of these potential cost penalties associated with some deposit options, we will take a closer look at which of the many deposit options will lead to those additional costs. The most obvious of these is the use of a credit card to fund playing casino games at an online casino. Whereas using a credit card to purchase goods and services online is often the best choice due to the built-in insurance element offered by the card companies, using a credit card for anything remotely associated with gambling will almost certainly be penalised by the banks, and they will probably charge up to 2% extra on any such transaction. Using a credit card to fund an online casino account will also be considered to be a cash transaction in the same way as withdrawing cash from an ATM, and will therefore attract interest from day one. We all know how high interest rates are on credit card debts so voluntarily choosing to pay them is not a sensible decision unless there is simply no alternative.

There is of course another important reason why using a credit card as a way of funding an online casino account is not to be recommended, and that is because it is effectively gambling with borrowed money. If using a credit card is not a good option, what about using a debit card. Clearly using a debit card is preferable to a credit card because the money has to be in your account before the transaction will be processed, but some banks will still apply a surcharge even on a debit card transaction involving gambling, particularly in Ireland because of the way some debit cards are processed. To be honest there are so many better alternatives to using either a credit card or a debit card that there is very little reason to consider using either of those options.

Every online casino lists a wide range of alternative deposit options, including one or more e-wallets and usually at least one pre-loaded card. In Ireland we can also use cash if we have an online casino account with either Ladbrokes or Paddy Power. Both of these bookmakers have an extensive estate of betting shops in Ireland and they allow there online casino customers to manage their accounts using cash through their betting shops. If you have easy access to one of those shops then using cash is obviously a very safe and secure deposit option, although of course it is only available during opening hours. Many online casino games players now choose to manage their online casino accounts using a separate e-wallet account, and there are many advantages to this approach. Setting up an e-wallet account with a company such as Pay Pal or Neteller is very easy, and not only allows us to fund playing casino games online but most online retailers will also accept payments from these e-wallets adding to their flexibility. Using an e-wallet account also ensures that your personal bank account details are not available to the online retailer or the online casino operator, nor does your bank actually know what you are using your e-wallet account for which for many of us is an important factor in our choice of deposit option. There is no doubt that the e-wallets represent some of the best online casino deposit options, but there are also good reasons for choosing a pre-loaded card such as Pay Safe or Ucash. Nowadays many of us have become used to using a pre-loaded currency card when we go abroad on holiday, and using this type of card as an online casino deposit option is just as easy. It also has the added advantage that a pre-loaded card allows us to set our playing budget because we can’t get too excited and spend more than we have on the card.