Take care when choosing which online casino deposit option to use

Playing casino games at an online casino is clearly becoming more and more popular here in Ireland, but we must always remember that opening an online casino account and paying money into that account needs just as much care and attention as any other internet financial transaction. We are gradually becoming more aware of the risks associated with using the internet for online shopping or indeed any other form of financial transaction, but we are still vulnerable to hacking and fraud if we drop our guard. One of the most obvious risks associated with internet shopping is of course failing to spot a fake site, or buying from a site which is selling shoddy goods or imitation designer labelled products, either of which will undoubtedly make you angry and may compromise your personal data. At least when it comes to choosing a suitable online casino site where you can enjoy playing casino games without worrying about whether you are being ripped off, we here at onlinecasino.ie can try to help. Our regular online casino reviews for instance, which include examining the financial management systems they have in place help us compile our list of recommended online casino sites all of which we believe will provide our readers with a safe and secure place to enjoy their casino games. There is however one more potential pitfall associated with funding an online casino account, and that lies in not choosing the best of the available online casino deposit options. The wrong choice could unnecessarily cost you a significant amount of money in extra charges. All the online casinos on our recommended list offer their customers a wide range of deposit options designed to satisfy everybody’s preferences, but one of these options in particular can cost you more than you bargained for. Many of us have rightly become accustomed to reaching for a credit card whenever we are paying for something online because of the built in insurance element should the product or service prove unsatisfactory, but we can hardly expect the credit card issuers to reimburse us if we lose money playing casino games online so the main reason why we use a credit card for online shopping is invalid when it comes to funding an online casino account. It is also true that using a credit card to fund playing casino games is effectively gambling with borrowed money, even if you intend to clear the account in full at the end of every month. Not only that but choosing to use a credit card to fund an online casino account will actually cost you money because the banks do not like their credit cards to be used for anything involving gambling and will therefore apply a surcharge on any transaction which in their opinion involves gambling. That surcharge can often be as much as 2% of the sum involved, which means that anyone using a credit card to fund playing online casino games will effectively be losing 2% of their stake money before they have even started playing. There are also other additional costs involved with using a credit card as an online casino deposit option, because it will be classified as a cash transaction in the same way as withdrawing money from an ATM using a credit card and will therefore incur interest charges from day one at credit card rates. Bearing in mind that when playing casino games at an online casino or any real casino for that matter, there is always a house edge to contend with so choosing to incur even more losses before placing a single bet makes very little sense.

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Remember some online casino deposit options are better than others

There are many things about the internet that are absolutely fantastic, but there are other elements which may not be so good. Clearly the well recorded misuse of social media sites to troll innocent individuals is one example of the downsides of being able to communicate online, but there are also other dangers most notably when it comes to financial transactions on the internet. We are all constantly being warned to take every precaution when dealing with any internet site on which we are asked to provide personal banking details, but the convenience of being able to transact business online usually tends nowadays to outweigh the potential risk. There are however still things we can do to ensure we do not become a victim of fraud or even perhaps less obvious, overcharging. Visitors to onlinecasino.ie are clearly interested in starting to play casino games at an online casino, so that is the online sector we should concentrate on. The first step is of course to select one or more suitable online casino sites on which to play casino games, which is where our list of recommended online casinos becomes invaluable. We have chosen the online casinos on our list first of all for the systems they use to ensure our safety and security, and secondly for the range of casino games they offer for our enjoyment. Next we have to open an account with our chosen online casino and transfer a sum of money into that account so that we can play the games. Every online casino on our recommended list offers a wide range of deposit options for us to choose from, but it has to be said that some of those options are better than others. When we are buying something online most of us would nowadays choose to use a credit card because of the built-in insurance element offered by the banks, and every online casino also includes most of the popular credit cards on their list of acceptable deposit options and it would be easy to assume that a credit card remains the best choice for an internet transaction. Unfortunately for a variety of reasons that is not true when it comes to putting money into an online casino account. The first and most obvious reason is that using a credit card as an online casino deposit option is effectively gambling with borrowed money even if you religiously pay off the whole balance at the end of the month. Then we come to the main reason why many of us choose to use a credit card for online purchases, the insurance element. This is of course totally irrelevant when it comes to transferring money to an online casino so that we can play casino games. No bank is going to insure against us losing money when gambling on playing online casino games, which brings us nicely to what may even be the most important reason not to use a credit card as a deposit option. In spite of the well documented financial gambling which was prevalent in the business model of almost all the major banks before the crash, they all take great exception to any gambling by their customers, particularly if it involves their credit cards. Any credit card transaction involving gambling will almost certainly be subject to a surcharge of up to 2% of the total involved. Such a transaction is also defined as a cash transaction equivalent to withdrawing money from a cash machine, and as such will be subject to interest charges from day one. These additional charges not only ensure that you start playing your favourite casino games already in the red, they are totally unnecessary because there are far better deposit options available.

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It is important to choose the right online casino deposit option

At a time of year when many of us will have purchased Christmas presents online, and hopefully not suffered any problems in doing so, it is still important that we do what we can to avoid any disappointments. The internet is a very useful tool which helps us in many day to day activities, but we all know it is also open to fraud and identity theft if we are careless. Anyone banking online or shopping online will hopefully know how to protect themselves, but it is all too easy to be careless when it comes to our leisure time. Clearly the fact that you have reached this site here at onlinecasino.ie means that you are at least interested in playing casino games at an online casino, so a few words of advice may be useful. Once you have chosen which online casino sites have the best selection of casino games to suit your taste, there is one other very important thing you need to consider before you can start playing casino games, Although some online casinos allow us to access most of their site without needing to register, they nearly all require us to open an account and deposit a sum of money into that account before we can play their casino games. There are one or two exceptions to that general rule which allow us to play some of their casino games for free, but for most of us the primary enjoyment of playing casino games lies in risking our money in the hope of winning some more. Every online casino offers a very wide range of deposit options designed to make it as easy as possible for any of us to open an account and pay in our stake money, but there is no doubt that some of these options are not as good as others. The first option we should discuss is the use of a credit card as an online casino deposit option. Many of us have become accustomed to using a credit card every time we do a financial transaction online because of the built-in insurance cover should anything go wrong, but that insurance element is totally irrelevant when it comes to making a deposit into an online casino account. Not only have we now dismissed the only advantage which might be gained from using a credit card, but there are also significant disadvantages to consider. First and foremost using a credit card to fund playing casino games is actually gambling with borrowed money, even if you intend to repay it in full every month and is therefore never a good idea. There is however also another reason why choosing to use a credit card as an online casino deposit option is not a good idea, and that is the additional costs you will incur. The banks also make it very plain that they do not like us using a credit card for anything related to gambling, and they do that by automatically imposing a surcharge on any such transaction. That surcharge will almost certainly be 2% and may even be more than that. If that unnecessary cost of using a credit card as a deposit option does not concern you, there is also a further additional cost to add into the equation because the banks will treat the deposit as the equivalent of withdrawing cash from an ATM using a credit card. That means that you will incur interest charges from day one at credit card rates. It is therefore extremely difficult to identify any good reason to use a credit card as an online casino deposit option, particularly when there are far better options available. (more…)

It is important to choose the right online casino deposit option

There are many things about how we celebrate Christmas which are entirely traditional and have not been changed in any way by new technology, but there are also some new elements of the Christmas season which are the direct result of new technology, particularly the internet. Last week saw what is now referred to as Black Friday, which in simple terms provides retailers with an early opportunity to tempt us into spending money in the lead up to Christmas, by discounting prices. This new phenomena is apparently an American tradition relating to their thanksgiving celebrations, but like many other American traditions it has now been taken up here in Ireland and of course in many other countries around the world. Here at onlinecasino.ie we do not intend to comment on whether this is a good idea or a bad one, but it does appear to be developing into an internet based selling bonanza rather than leading to crowds on the high street, and this raises a whole set of issues regarding internet security and identity theft as well as fake sites. Most of us are probably now well aware of the inherent risks of purchasing goods and services online, but take what we believe to be sensible precautions so that we can take advantage of the convenience of transacting business on the internet. Hopefully we also take similar precautions when dealing with our favourite online casinos and funding our casino games. We have no reason to suppose that any of the online casinos on our recommended list are less than secure in terms of our personal data, and they all have good financial management software to enable us to manage our accounts efficiently. Nevertheless in order to play the casino games featured on these online casino sites we have to deposit money into an account, in much the same way as we must pay for any retail purchases we may make online, and It is how we transfer money into that online casino account that enables us to make an important personal contribution to our online security. All the online casinos on our recommended list offer a wide range of deposit options, all of which are there to make the process as easy as possible for their prospective casino games players and to satisfy as many of their personal requirements as they can. These deposit options include almost every conceivable method of making online payments, ranging from credit and debit cards to pre-paid cards and e-wallets. In Ireland customers of the Paddy Power casino or the Ladbrokes casino can even manage their online casino accounts using cash at any of their high street betting shops. Clearly using cash is probably the safest and most secure deposit option we could choose, but the inconvenience of needing to visit a betting shop to deal in cash makes this method a non-starter for many of us. Of the remaining deposit options open to us the one we will never recommend is using a credit card. For very good reasons many of us automatically reach for a credit card when purchasing goods online, but when it comes to depositing money into an online casino account a credit card is probably the worst option we could choose. First and foremost using a credit card to fund playing casino games online is gambling with borrowed money, and that is never a good idea. A credit card will also cost you extra money if you use it as an online casino deposit option, because the banks are also against you gambling with borrowed money and will apply a surcharge of up to 2% on any credit card transaction involving gambling. They will also charge you interest from day one because they will consider it to be a cash transaction in much the same way as withdrawing funds through an ATM machine. Be aware also that these additional cost may also be incurred when using some debit cards, because of the way they are processed.

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