Think about which of the online casino deposit options is the best

Here at onlinecasino.ie our primary objective is to provide information to help our readers get the most out of their online casino experience. We also try to highlight the potential problems associated with playing casino games at an online casino, which is why we regularly return to the question of the best way to deposit money into an online casino account. Every online casino offers a very comprehensive range of deposit options because they clearly want their customers to have as much choice as possible, but some of those options will actually cost you money before you have even placed a bet. Most of us are now very accustomed to buying goods and services online and we are also aware that for a variety of reasons things may not always go to plan. The product we are buying may turn out to be below the standard we expect, or it may not even be delivered at all, so we tend to take what precautions we can to mitigate the effects of such problems which often means using a credit card as a method of payment. Most credit cards include a level of insurance which compensates for unsatisfactory goods or failure to receive the products we ordered, and using a credit card for internet transactions also protects your primary bank account details. Unfortunately when it comes to depositing stake money into an online casino account, using a credit card is probably the worst of all the deposit options we could choose. As we already said using a credit card for online transactions does improve your data security, but the insurance element is irrelevant when funding the playing of casino games because nobody is going to compensate us for losing money at an online casino. Using a credit card to fund playing casino games is also effectively gambling with borrowed money, which is of course never a good idea under any circumstances. However the main reason why we think that using a credit card as an online casino deposit option is a very poor choice is that the banks will impose a surcharge on any credit card transaction involving gambling. That additional cost will almost certainly be at least 2% of the sum involved and may even be more. We all understand that we may lose money playing online casino games, but that does not mean that we should willingly choose a deposit option which ensures that we are 2% down before we even place a bet.

We hope that we have persuaded our readers that using a credit card is the worst of all the deposit options offered by the online casinos, so let’s look at the alternatives. Clearly using a debit card instead of a credit card removes the objection that we are gambling with borrowed money, but unfortunately in Ireland some debit cards are processed through the same systems as credit cards and will therefore rightly or wrongly automatically be subjected to the same penalties. When we are looking for the best online casino deposit options we should always take into account our security and privacy as well as any potential costs, so with that in mind we should consider the option of using cash if that option is available. In Ireland both Paddy Power and Ladbrokes allow their online customers to manage their accounts using cash through their high street betting shops. It may not always be the most convenient way to manage an online casino account but it is certainly one of the best options in terms of privacy and security.

When talking about using cash to manage an online casino account we should also consider the pre-loaded cash cards which many online casinos will accept as a deposit option. Many online casinos will list Paysafe or Ucash amongst their acceptable deposit options and both of these are pre-loaded cards which operate in the same way as the foreign currency cards many of us use when we go abroad on holiday or on business. You simply transfer money onto the card from your current account and use the card in the same way as you would use any other form of plastic. These pre-loaded cards also make it very easy to manage your gambling budget, because you cannot play with more money than you have on the card, so if you are tempted to start chasing losses you have to make a conscious decision to load more money onto the card which hopefully makes you think twice. Finally we come to the pros and cons of using an e-wallet account as an online casino deposit option. An e-wallet is a separate bank account which can be used for a wide range of different internet transactions including depositing money into an online casino account. Pay Pal and Neteller are just two of the e-wallets often included on the list of acceptable deposit options on most online casinos, and Pay Pal in particular is widely accepted across many other internet sites including most online retailers. The main advantages of using an e-wallet account to fund playing online casino games are that your privacy is far greater than most other deposit options, and your data security is also much improved. For instance your bank will not know what you are using your e-wallet account for, nor will the online casino site operator have access to your primary banking details. Setting up an e-wallet account is very easy and it can be funded in any way you choose. As with the pre-loaded cards using an e-wallet account as a deposit option can be another excellent way to control your gambling budget because you can only play with the funds you have in the account and would need to make a conscious decision to replace any losses. As we have pointed out all the online casinos list a wide range of deposit options for their customers, but some of those options will cost you money and are therefore not the best choice.