Play Online Casinos
Sites in the industry almost always have a similar layout, so this should give you an idea of how to search for your favorite casino game. Casinos who get a bad score are listed on our blacklist, so you as a player can be sure your money and winnings are safe by avoiding these casinos. With regard to speed, online casino withdrawals are processed at different speeds at different online casinos. They cannot be as certain about people withdrawing money. You've Won a Free Spin.
Difference Between B&M and Online Casinos
In effect, this law makes it nearly impossible for people to deposit at online casinos, because people nowadays can do almost nothing with money that does not involve their bank. So, now that the Federal Wire Act passed in the US, the real money gambling atmosphere was immediately shaken to its core.
In some extremes, people were quite literally afraid that playing a hand of blackjack online would see the police come knocking at their door. In reality, this never has happened and is not likely to happen anytime in the foreseeable future. Adding to the general fear people have of playing real money online casino games in the United States was a Department of Justice that has consistently alluded that all types of internet gambling are illegal.
Though the Federal Wire Act has no verbage stating this, the DoJ has scared an entire population into thinking twice about doing something that they are well within their right to do.
Despite the mounting fear, the industry in the United States managed to mostly stay out of the headlines for the next 4 years. Then, in , a few online casino executives were arrested and prosecuted in the United States for violations in relation to the Federal Wire Act. Jay Cohen, and others, were charged under the presumption that facilitating online sports betting for players in the US is, in fact, a violation of the newly instituted Federal Wire Act.
As you could have probably guessed, this sent another massive shockwave across the population of people who play casino games online. The world of online casinos has grown in such a way that there are more than just one or two ways by which you can fund an online player account. Unfortunately, with more deposit options comes more for the average player to understand.
In the following few sections we will walk you through the different methods by which you can fund an online casino player account and what benefits and pitfalls each method presents. When it comes down to it, the best way to deposit at an online casino is something that you must decide for yourself. There is no single surefire method that is always better than the rest and, depending on where you live, not every method discussed in this piece will be available to you.
If you have ever utilized your card to make any sort of online purchase, utilizing it to deposit at an online casino is a procedure that is no more difficult or elongated.
By simply typing in your credit card number as well as a few other pieces of information you are just moments away from real money gambling online. As is the case with every method of deposit, you must be sure that your preferred banking institution will facilitate deposits with online casinos. For players in the United States in particular, this is a method that can cause issues. Another extremely popular method by which you can fund a player account is by way of a direct bank or wire transfer.
As its name implies, this method of deposit allows the player to deposit to an online casino by linking the casino account directly with their bank account. Just like it is with a credit card deposit, bank wires only need you to offer up a small amount of personal financial information in order to be executed. Also like credit card deposits, these methods of funding an account allow players to play with real money almost instantaneously.
The reason people are sometimes concerned about the aforementioned methods of deposit is that, once executed, it is very difficult to get your money back if you ever happen to deal with unscrupulous criminals online. Nowadays, fortunately, there is significantly fewer shady online casinos, and most are reputable operators who have no goal other than to provide a top-notch gaming experience for you.
Still, the risks persist and it is imperative that you do your research before playing to ensure that you are only dealing with the most reputable online casinos. Another method of deposit that is gaining popularity at every turn is Bitcoin deposits. This new cryptocurrency offers protections that none of the aforementioned deposits methods can. Though it may sound a bit antiquated, you are still able to mail a check as a form of deposit at most casinos.
This is a fine way to deposit, however by the time the online casino receives and processes your check such that funds will be available to play with, you may have been forced to wait days or even weeks.
As modern day technology continues to advance rapidly, mailed checks are going to become a thing of the past. Depending on where you reside, depositing at an online casino via an e-wallet such as PayPal or Skrill is a convenient way to begin playing quickly.
One advantage that e-wallets hold over depositing with a credit or debit card is the fact that they require you to give the online casino almost no personal information whatsoever. Because you have the protection of the e-wallet, not only is it easy to get your money back in the event of unforeseen problems, it is also much safer in that you do not have to give out any personal information at all.
Unfortunately, e-wallet deposits are not available everywhere. Yes, in almost every instance an online casino will attempt to make money off of you for having facilitated your deposit. Some online casinos do well to hide how much they charge you per deposit, so it would behoove you to discover this information before ever trying to fund an online player account. Still, like was stated earlier, most sites nowadays do their best to be as transparent as possible, so they will often make it very clear how much the fee associated with a given method of deposit is.
Even worse, and also in , the Unlawful Internet Gambling Enforcement Act was passed as part of a larger bill and signed into law. This particular act made it increasingly difficult for players to play real money casino games online. Now, the Federal government made it wholly illegal for banking institutions to deal with internet gambling monies. The only real restriction is from the processor because some financial institutions do not want to be involved in gambling.
VISA and Mastercard are the two most common payment options. These are allowed at thousands of casinos and is available in over countries worldwide. American Express is another payment method at some websites, but Amex tends to avoid gambling. Your real money online casino selection will be fewer than the rest of the credit card options, but you will still be able to find casinos that accept American Express credit cards. Debit Cards Debit cards and other prepaid options are preferred at many of the online real money casino sites these days.
Some casinos even offer special bonuses for prepaid deposits. Regional options are supported on some sites. Wire Transfer Companies Wire transfer companies like Western Union and MoneyGram can be used to fund an online casino for real money account. These methods are also useful for withdrawals, as they can be used by most players that live near one of them.
Money Transfer Processors Transfer Web wallets are money transfer sites which process and store electronic cash. There are dozens of these processors, many of which are used as international payment methods.
Not as many of these options exist for American players because the U. PayPal is not available at many offshore sites though it now supports New Jersey online casinos. PayPal is a preferred method by many Americans in the few locations which allow licensed gambling, because many have PayPal accounts due to its affiliation with eBay. There are too many to list, but the most popular services players can use when playing at real money online casinos include: We will discuss these later on when we talk about withdrawals.
This is a secure, instantaneous method of getting money directly from your bank account to your online casino account. An eCheck works much like a standard written check would, except it is handled electronically.
Like the bank wire transfer, it is popular, because it is so secure. Fast Withdrawal Options Withdrawals are a bit more time-consuming and restricted than deposits because they require players to submit proof of identity.
Security is the main reason cashouts take more time. Below is a list of the basic services uses to make casino withdrawals. I offer a basic concept of the cash out time and fees associated with each service. They are web wallets, bank check, cash transfers, and bank transfers. Web wallets are fast, but they require significant fees from the processor. Gamblers who want to take advantage of the much-advertised 12 to hour withdrawal processes should use an eWallet. Check As long as you make only an occasional withdrawal, then the bank check is a perfectly accepted payment method.
In fact, it might be best if you do not mind slow processing time. Most sites allow 1 free payout every month through a service like this. The time for such transactions to complete can be outrageous, with a 2 to 4-week delay being common. These payments are fast, but not offered at every casino.
This withdrawal method involves fees. Also, you need a Western Union or MoneyGram physical location in your city. With so much money involved, security is a major concern. One of the main reasons a gambler needs to choose a trustworthy casino is the safety and security of payments. A number of safeguards exist in the industry. The job of a gaming commission is to assure an operator is honest and legit. Gaming commission auditors need to check a system for the advancement of its security systems.
Make sure gambling for real money is legal in your location. In the United States, this means checking on the state and local levels. Mobile casinos fall under the same interpretation of the law. That means federal authorities do not ban online casinos at the present, but the state and local governments might ban iGaming. Look at state laws to see if playing for money is legal. New Jersey, Nevada, and Delaware have legalized, regulated, and licensed casinos.
California and Pennsylvania lawmakers are both seeking to legalize online gambling, but both states might allow online poker only. A handful of other states has discussed legalization since federal policies changed in Most states ban online gambling for real money. The same can be said in other countries. For instance, the national government in Canada allows online gambling , but the provinces and territories have their own laws.
The City of Markham in Ontario has a law against online gambling. In Australia and Germany, federal and state laws overlap, creating a complicated legal system similar to the United States though less complicated.
Besides legality, many people wonder whether online casino gambling is safe. If you play at an offshore site which is illegal in your jurisdiction, this is a special concern.
As these sites might be legal elsewhere in the world, many of those casinos are still legitimate businesses that can be verified. Gaming commissions license certain sites as safe and secure. A number of gaming commissions worldwide specialize in such verification: When one of these agencies has licensed a site, it confers a certain legitimacy on it.
Players should research further, though. Researching who handles third-party testing is important. All three companies are based in Australia and all three provide third-party testing of sites. They audit the site to make certain their software is secure and their games are fair.
Sites with a seal of approval from one of those companies should be deemed safer. People might be wondering if online casinos for real money are fair. A legit site has no reason to cheat if it is licensed and legal.
Online casino operators license software from trusted companies, or design software themselves. This software uses true random number generators RNGs to determine the outcome of events. Probability all-but-assures a profit, but the outcomes are determined by random chance. The house can be beaten in the short term.
The risk of cheating is losing that license and perhaps going to prison. A legitimate company would be a bit mad to cheat under those circumstances. That being said, greed does win out over good sense at times.
Check player forums and review sites like this one to learn whether a site is slow to send out winnings, or uses nebulous policies to close down profitable accounts. Learning about the gaming commission and third-party verification process is important, once again. The eCOGRA network tests member real money online casinos each month to see whether they are secure and fair.
Also, sites publish information about their software providers and verification technology in their Frequently Asked Questions. Read the FAQ to see whether a site uses bit verification or not. Look over their site to see which software providers they use. In each case, do a bit of research away from the casino site to learn whether their technical support is sufficient and up-to-date. Below are some frequently asked questions that new gamblers have had in the past regarding real money online casinos.
These are particularly targeted towards real-money gamblers. Does card counting work in an online real money blackjack game? Most online blackjack software has an automatic reshuffle on each hand. In those circumstances, card counting has no value. The only way card counting might work on the Internet is through live dealer games of blackjack. They cannot be as certain about people withdrawing money. The first time an online casino sends winnings to a player, it takes longer.
A reverse withdrawal is simply rescinding your decision to withdraw money. Many websites offer a hour or hour reverse withdrawal process. They want you to keep money in your account, knowing you might change your mind. The longer you keep money in the account, the more chance you face the house edge and lose your winnings. A reverse withdrawal is, therefore, a handy way to convince gamblers to test their luck one more time.
Yes, to a certain degree. A certain delay is warranted, but long delays should be looked at with suspicion. No doubt, a certain amount of delay in processing cashout payments is the hope you change your mind. If so, the site gets a bad reputation and fewer gamblers sign up. Research to know whether your operator has a bad reputation. There is a danger in the reverse withdrawal process for the casino, by the way.
In the past, scam artists have found ways to beat the casino out of their money using the process. From to , the policy of the Justice Department made it illegal to wager at online casinos and card rooms, too. Since then, Nevada, New Jersey, and Delaware have made it legal to gamble online. Nevada allows for online poker while New Jersey and Delaware allows online casinos and poker.
Those laws could change. Morgan Stanley believes 15 US states will legalize online casinos and poker sites by that time. The number is down from previous estimates but shows the financiers still believe American gambling is headed in an upward direction. To that end, he has lobbied the U. Jason Chaffetz of Utah sponsored the bill in the U. Despite the outward show of support, Beltway insiders believe the RAWA legislation has little chance of being passed. Though Graham, Chaffetz, and Rubio are Republicans, the legislation does not have a whole lot of support among rank-and-file Republican congressmen.
Rand Paul and former Rep. Grover Norquist, arguably the most powerful lobbyist on Capitol Hill, is also against the legislation. Legitimate online casinos for real money have no reason to cheat. The house edge provides for a hefty profit for casino operators who can drive traffic to their websites.