Beginner's Guide to
Online Gambling

Making a Deposit

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.

 

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