Credit cards and online casinos do not mix

Two important questions face the new online casino gambler, each of which needs to be given full consideration before registration. The first is which online casino site offers the range of casino games the gambler wishes to play, and in a format which suits them in terms of increasing their enjoyment. The second and perhaps even more important decision is which deposit option they are going to use. We often suggest that online casino gamblers register with more than one casino site, to give them a range of casino game options depending on their mood, but the wrong choice of how to fund their online casino account can spoil their enjoyment and even reduce their potential winnings. Most online casinos will accept a range of deposit options including credit cards, but be warned that Visa for example will charge 2% on any transaction relating to gambling, and then because they will treat it as a cash transaction they will start to charge interest from day 1. Some online casinos will also make a charge for using a credit card on top of the charges from the credit card company. These charges may seem relatively insignificant, but with some casino games such as roulette where the house edge is only of the order of 3%, the effect of using a Visa credit card as your deposit option can effectively double the house edge from the gambler’s perspective. We would also warn against using credit cards as a deposit option simply because we do not recommend gambling with borrowed money. Choose an alternative deposit option and make the best of your winning potential.