So you’re ready to make
your first real money bet? There are usually a number of methods
by which you can send the casino money.
Firstly, there’s your credit card: Visa and Mastercard are
commonly accepted by nearly every online casino. However, many of
you in North America may find that your credit card purchase will
be rejected.
This is not because the casino doesn’t want your money; it’s
because of a regulation at credit card companies, which forces the
merchant (the casino) to identify the transaction as 7995: the purchase
of tokens for the purpose of Internet Gambling. Most banks in the
US are afraid to accept these high-risk transactions and automatically
reject the purchase.
If this is the case, you have two alternative methods of using
your credit card; by opening up an account at either PayPal
or FirePay. You can tie your credit card to these accounts and the
purchase will be identified as a pseudo-cash transaction instead
of Internet Gambling transaction. These two methods are now the most
common ways by which North American residents deposit money into
online casinos—and in some cases casinos will offer an additional
bonus if you make a deposit by one of these methods.
Many casinos also offer incentives for making a purchase by Western
Union—you can use your credit card to send funds by Western
Union online, or you can always go to your nearest Western Union
agent and hand over cash. Some casinos will even allow you to deposit
money by other methods such as ACH (which is basically an electronic
check), or by wire transfer, Neteller or Layeway. |