Please choose the right online casino deposit option

The speed with which new technology has changed our lives is quite remarkable. It really is very little time at all since very few of us had ever used a computer, let alone had one or more devices at home. Access to the internet has now almost become a necessity in modern life, and even government departments are starting to assume that everyone has access to the internet. Unfortunately the advantages of being able to pay our utility bills online, manage our bank accounts online and of course do our shopping online also come with downsides. As more and more of us carry out financial transactions online so the risk of us being the target of internet fraud increases and we are having to learn how to protect ourselves as much as possible. Here at onlinecasino.ie we are of course primarily concerned with the sort of financial transactions that we are required to carry out as a result of wanting to play casino games at an online casino. When online casinos were first introduced most of their customers already enjoyed playing gambling games in one form or another. Those of us who regularly played casino games at a real casino were of course accustomed to buying our chips with cash or a cheque, and the same applied to bingo enthusiasts at their local club or indeed slot machine fans. Almost all of us funded playing our casino games using methods that meant there was very little risk of our personal data being compromised by fraudsters. Fortunately the online casinos featured on our recommended list all take their responsibilities in terms of our personal security very seriously, but there are still ways in which we can reduce the risk still further. In order to play casino games online we need to deposit money into an online casino account, and there are a number of different ways we can do that. All the online casinos on our recommended list offer a wide range of deposit options for us to choose from, but some of these are far better than others in terms of both personal security and cost. It may seem an obvious thing to say but choosing the right deposit option will undoubtedly improve your enjoyment of playing casino games online.
The first deposit option we need to look at is the credit card. For many of us using our credit card for internet transactions has become a habit, particularly if we are buying something from a site we do not know because the credit card companies offer insurance in the event that the product proves unsatisfactory or fails to arrive. This insurance element of using a credit card however is totally irrelevant if the card is used as an online casino deposit option. Using a credit card to fund playing casino games is also of course gambling with borrowed money, which is never a good idea in any circumstances, but there are other reasons why a credit card is never the best online casino deposit option. We all know that when we are playing casino games there is a risk that it may cost us money in the long term, but there is no doubt at all that using a credit card to fund playing those games will cost you money. Even if you are someone who diligently pays off their credit card balance every month, the banks will still apply a surcharge of up to 2% on any credit card transaction involving gambling. They will also charge you interest on the money from day one because it is considered to be a cash transaction equivalent to taking money from an ATM. Those of us who choose to play casino games are of course prepared to accept the risk that we will not always win, but we think it does not make any sense at all to give money to the banks before you have even placed a bet, particularly when there are so many better alternatives.

Having dealt with the worst possible choice you can make from the list of available deposit options, we should probably go straight to one of the best. We have already commented that many of us were accustomed to using cash to fund playing our favourite games, so we should point out that in Ireland both Ladbrokes and Paddy Power allow their online casino customers to manage their accounts using cash at one of their many high street betting shops. Clearly this option is only available during shop opening hours, and not all of us have easy access to one of these betting shops, but there is another way to fund playing casino games online using cash. Most online casinos will accept one or more pre-loaded cards such as Paysafe or Ucash. You simply transfer cash from your bank account onto one of these cards and use it to fund your online casino account in the same way as you would use a debit card for internet purchases. The difference is that the site operator, in this case the online casino operator does not have access to your personal banking details if you use a pre-loaded card, whereas they do if you use a debit card. We have no reason to suppose that any of the online casinos on our recommended list do not have extremely rigorous security procedures to protect their customers’ personal data, but we should also take responsibility on ourselves.
This brings us to the last of the online casino deposit options we should consider, and that is the e-wallet. An e-wallet is a form of bank account designed specifically to be used for internet transactions. The best known e-wallet is PayPal, but most online casinos will also accept other e-wallet accounts such as Neteller as a deposit option. An e-wallet account has exactly the same advantages as a pre-loaded card in that the online casino operator has no access to your bank details. Using an e-wallet account also improves your privacy because your bank will not know what you are using the money in your e-wallet account for.