The Power of Using E-Wallets When Playing Casino Games Online

The Power of Using E-Wallets When Playing Casino Games Online

Online casinos are enjoyed by millions of individuals from all walks of life on a daily basis. One of the many reasons for such a rise in popularity involves the flexibility of these platforms. With so many games and bonuses to choose from, it is no surprise that millions of pounds are wagered on a daily basis. However, security is always a very real concern. This is the primary reason why casino payment methods will often include an option commonly referred to as an e-wallet. Let us first examine these systems in a bit more detail before listing a handful of popular payment methods.

The Evolution of Online Casino Payment Methods

In the not-so-distant past, users would be provided with only a handful of options. These generally included online wire transfers, credit cards and direct deposits from a bank account. The main issue here was that some players were wary about the security measures involved. This was only logical considering the fact that personal data theft was rife during the early days of the Internet. Casinos were faced with a rather stark choice. The could either lose potential customers or incorporate other electronic payment methods into their systems. Thus, e-wallets began to enjoy popularity as far back as 2004. A few platforms are exceedingly trusted and these are associated with greater levels of reliability. What are some of their strengths?

Neteller Casino Payments

Neteller was first launched in 1999 and this extensive history has proven to attract countless customers over the years. As an illustration of the security offered by this system, it is frequently employed by online investment firms and currency trading platforms. Neteller boasts extremely flexible architecture. So, users with little prior experience will not have an issue learning its basic functions. It should also be mentioned that this company offers a rewards programme for those who utilise it on a regular basis. Transfers can be accomplished with a few clicks and once the money is sent, the user will receive a confirmation email. Most reputable online casinos will offer Neteller as one of their transfer options.

Skrill Casino Payments

Skrill was formerly known as Moneybookers until 2013. However, their online transfer methods are just as reliable as they were when the company was first incorporated in 2001. This firm is based out of the United Kingdom and it can be accessed by customers from around the world. Registration takes only a few minutes and the benefits are nearly the same as those mentioned above. However, the security features provided to clients are quite substantial. Settings can be adjusted based off of personal preferences and there is a dedicated mobile application which can be used while away from a computer. Transfers are normally completed on the same day although different casinos will be associated with disparate waiting times until the money is received (or sent to the account of the player).

The Secure Edge of E-Wallets

Although ease of use is always important, the levels of security which both Skrill and Neteller offer are what makes them so very popular. Both employ a 256-bit encryption algorithm commonly referred to as SSL (Secure Sockets Layer). This is the same technology which banks and major credit card providers use to keep personal information safe from prying eyes. Other well-known transfer services such as PayPal have also adopted this level of protection.

What to Look for in an E-Wallet Payment System

So far, we have examined two major casino payment methods. Both offer a host of benefits such as:

  • Excellent security protocols.
  • A user-friendly design.
  • Access from different regions of the world.
  • The ability to customise individual profiles.

However, are there any other features which signify a trustworthy e-wallet? If you are still deciding upon a specific provider, there are a few additional metrics to address. Not all casinos will offer the same payment methods, so make certain that the specific e-wallet is hosted by the gaming platform in question. Also, take a look at the time required for money to be deposited into your account. A final consideration involves any fees which can be attached to a transfer. As these can sometimes be substantial, it is a good idea to compare at least three different e-wallets before making the ultimate decision. Electronic payments are here to stay and knowing which are the most reliable options will ensure that your personal details remain safe at all times.

Bonus, Casino

Unleash the Power of Online Casino Bonuses with This Guide

Unleash the Power of Online Casino Bonuses with This Guide

Online casinos offer a wide variety of bonuses in order to attract new players to sign up, deposit money and encourage them to keep playing. These bonuses can be split into two basic groups: cashable and non-cashable. The first (cashable) can be used for wagering and are made available for withdrawal from your account once the detailed requirements have been met. The latter (non-cashable) are only available for wagering and cannot be withdrawn. All types of casino bonus will have restrictions and/or wagering requirements that need to be met before you can cash out.

New Player/Welcome Bonus

This type of online casino bonus is usually the most attractive offer available and can include deposit matches, percentage deposit matches and/or a no deposit bonus. When a deposit match is offered, the player receives 100% of their deposit as a bonus. This means if you deposit £50 you will receive a £50 bonus, giving you £100 to play with.

Occasionally an online casino may offer a 200% or 300% bonus, although there is generally still an upper limit on the bonus amount you can receive. Percentage bonuses are often offered and while something like 50% may not be as inviting as the deposit match bonus, they often have a more attainable wagering requirement: It is important to remember that the higher the bonus, the higher the wagering requirement.

No deposit bonuses are a rarer find. This is primarily because they offer a risk free way to try casino games, and claim winnings, without having to spend any of your own money. While they are still subject wager requirements, you don’t need to have made any deposits in order to be eligible to make a withdrawal. It should also be noted that there is usually a cap on the amount of winnings you can withdraw from this type of bonus. For example: a £10 no deposit bonus may have a 50x bonus wager requirement, meaning you must wager £500 before you can cash out. There may also be a withrawal cap of £100 on winnings from the no deposit bonus, which means you must wager £500 in order to cash out that £100.

Monthly/Deposit Bonus

Monthly or deposit bonuses are a form of ‘loyalty’ bonus, and are often dependant on your activity levels in the month prior. Their main function is to encourage players to keep making deposits and reward those who are highly active. It is rare for them to be as high as the welcome/new player bonus, although the bonus offered will vary between online casinos.

Referral Bonus

This type of bonus rewards players for referring a friend, or multiple friends, and inviting them to play. Usually the referred friend is required to wager a certain amount before the bonus is awarded.

Payment Method Bonus

Occasionally an online casino may want to encourage you to use a certain payment method, and so will offer a bonus for that specific payment type as an incentive. With most casinos happy to accept a wide range of payment methods, this type of online casino bonus is rare.

Wagering Requirements

Wagering requirements are put in place to stop players taking advantage of the system, by requiring them to wager a certain amount before allowing them to cash out. This can mean you either need to wager the bonus a certain amount of times, or the deposit and bonus combined. The requirements vary between online casinos but are generally between 30x and 40x although there may be some higher or lower than this. For example: if you deposit £10 and receive a 100% bonus you will have £20 to play with. With a requirement of 30x deposit + bonus, you would need to wager £600 before you could cash out, whereas if the wagering requirement was 30x casino bonus, then the amount you would need to wager before making a withdrawal would be £300.


When deciding which online casino bonus to go for, it is important to bear a few things in mind. Firstly, bigger is not always better. As a general rule; the higher the bonus, the higher the wager requirement. There are usually expiry dates on the casino bonus offered, after which time the bonus and subsequent winnings will be lost if the wager requirements haven’t been met. Some bonuses (usually no deposit) will also have a cap on the amount of winnings you can withdraw. Always make sure you have read and understand all restrictions and requirements.