Online Casino Deposits & Withdrawals in US

Updated: 28 February 2022

Whenever you spend time at an online casino in the US, the thought of casino deposits surely crosses your mind. An operator needs to offer reliable and safe methods so that the players can focus on the gaming experience itself. It should always be a blend of safety and efficiency in our opinion.

To figure out whether a casino’s deposit methods are suitable for you or not, make sure you look for answers to these questions first:

  • Do you know all the offered methods?
  • How fast will the deposit go through in your casino account?
  • Are there fees for the transactions?
  • What is the safety measure to stop your information from being sold to 3rd parties?
  • Do you need to open a 3rd party account for casino deposits?

In our casino deposit guide for the US today, we’ll look for these answers. So, bear with us till the end.  

Deposits & Withdrawals with Online Casino Payment Methods

In comparison, depositing and withdrawing funds at an online casino is a breeze nowadays. It’s safe to assume that you’ve used online payment methods at other businesses, whether at the nearest convenience store or to pay for Postmates.

As a result, it’s also safe to assume that you already know the basics of online casino banking methods. Moreover, the best online casinos in the US will offer in-depth instructions on how to use different methods once you sign up.

The first order of business is always to get your hands on a secure casino site. The thing in the US is that the iGaming industry is not federally regulated. So, the overall paradigm of legality is somewhat vague in the country.

The states themselves are responsible for regulating the local gambling markets. According to the latest legislation, sports betting is now legal in the selected states. Online casinos are yet to get complete legality but you can always opt for social casinos.

Another important point to note is that the American players must be present in the state where the online casino is licensed. This is very important because improper gambling practice is still a punishable crime in the country.

With that said, look for online casinos that are licensed in your state instead of looking at the bigger picture.

If we look at the recent history of online gambling in the US, it seems like PayPal is the most commonly used method. It’s an e-wallet accepted by pretty much every operator out there. It boasts top-notch security features for your funds. Most importantly, PayPal casinos are usually instant banking casinos.

Signing up for PayPal is extremely easy as well. You can complete the registration within a few minutes, in case you don’t use it already. Sure, there are little fees here and there but it’s understandable considering the secure and fast transactions.

Apart from PayPal, online casinos in the US offer lots of other payment methods including bank transfers, credit/debit cards, other e-wallets, eChecks, and prepaid payments.

How to Do a Casino Deposit in the US?

  • Depositing with online casinos payment methods is a relatively straightforward task. You start by opening an account at your preferred online casino. It shouldn’t take longer than a few minutes.

  • Navigate to the cashier/banking/deposit page of your casino account and select the method you want to use. Most online casino deposit methods are quite vast so it shouldn’t be an issue.

  • From there on, the instructions should appear on your screen. They’re very similar to any other online payments you’ve completed in the past. Even if you haven’t, it’s an intuitive process.

The Most Popular Casino Payment Methods for Americans at Online Casinos

The country in our discussion is swarming with online payment methods. So, it’s obvious that online casinos offer the majority of them considering player convenience and ease of access. Let’s do a quick discussion on the common payment methods.

Bank Transfer Methods

Online bank transfers are one of the fastest and most convenient methods of casino deposits. Interestingly, you don’t have to use your bank’s credentials to deposit money. These methods are connected with your bank account and they complete the transaction as the middle man.

Methods like eCheck, Wire Transfers, MoneyGram, and Zelle are widely offered across American iGaming websites. You first connect your bank account with these methods. When you want to casino deposit at your preferred brand, just select the transfer method instead of the other ones.

The casino portal itself will take you to the login portal for the corresponding method. There, you have to enter the login credentials to authenticate the transaction. If everything goes well, you’ll get a notification from your bank that the transaction is successful.

Among the casino players, online bank transfers are very popular because they’re easy to use, don’t impose any fees in most cases, and usually don’t require a 3rd party account. Along with the deposits, you can use these methods for withdrawals as well.

Credit & Debit Cards

This is by far the most common method of casino deposit. Not just in the US but all over the world. Pretty much every country in the world has banks and banks offer both credit and debit cards to the users. As a result, these methods have gained global popularity.

Another reason behind the widespread popularity of card payments is that they’ve been around for a very long time. In retrospect, e-wallets and online bank transfers are very new inclusions to the electronic payment industry. So, the seniority fact gives cards an edge.

When it comes to cards, the two most prominent names are Visa and Mastercard. In the US, you also get American Express and Discover cards.

When you choose any of these cards at an online casino, it will ask for the card number, the expiration date, the CVC (a 3-digit security code printed on the back of the card), and the name of the cardholder. You’ll find all these pieces of information engraved on the card itself.

If you enter all the information correctly, the casino deposit will go through right away.

When it comes to withdrawals, you may not get this option at all online casinos. There might be a number of reasons at play behind why you can’t withdraw with credit cards. Legal issues are usually the biggest reason.

Also, the deposits might be instant with cards but withdrawals are not. You have to wait for 3-5 days on top of the casino’s processing time to receive the money. In comparison, e-wallets or online bank transfer methods are faster.

E-Wallets

Finally, the online payment method that changed the paradigm of online casino payments, e-wallets! These are exactly what they sound like. Digital wallets where you can keep your money safe. The biggest benefit of using e-wallets for casino deposits is the speed. Both deposits and withdrawals are instantly processed!

If we have to name a few, we’d go with Skrill, PayPal, Neteller, Ecopayz, CredECard, Person to Person, ACH, and Money Orders. All of these are considered reliable methods in the US. In fact, methods like Skrill, Neteller, and EcoPayz are widely recognized all over the world for their effectiveness in the iGaming industry.

Using e-wallets for transactions is also as straightforward as it gets. First, you need to sign up for one of these wallets. You can do it within a few minutes without ever stepping outside the comfort of your home. Just make sure to have documents like your ID, credit cards, and utility bills handy for verification.

Once your wallet is up and running, you need to fund it with one of your bank transfer methods. You can directly connect your bank account or cards and use them to fund your e-wallet.

Another big reason to use these methods is anonymity. It’s not always safe to expose your bank details or credit card numbers to online casinos. When you use an e-wallet, you don’t need to enter any of the information.

Last but not least, all of the e-wallets are suitable for both deposits and withdrawals. Essentially, they can be your one-stop solution for all casino transactions. In most cases, the casinos don’t impose any fees on the transactions as well.

However, keep in mind that a lot of online casino operators exclude e-wallet deposits from promotions. If that’s the case, you’ll find it in writing on the Terms & Conditions page of the casino website. Make sure you give it a read before the deposit.

When your wallet has the necessary funds, simply log into your casino account, navigate to the deposit page, select the wallet, and follow the instructions.

Paysafecard

In the world of iGaming payment methods, Paysafecard has secured its place as one of the safest and most convenient methods of all time. Primarily because it’s a prepaid card. It means you can simply buy the cards online or even from a retailer and use the funds to deposit.

Owned by the Paysafe Group, which also owns Skrill and Neteller by the way, Paysafecard has been a name of trust among casino players all over the world. You get a physical or a virtual card with 16 digits written on it. You only need these digits to deposit into your casino account.

If we have to mention a few drawbacks, we’d say the lack of withdrawal and low transaction limits are on top of our list.

Deposit Methods Comparison

As you can see in our guide, there are lots of methods you can use for casino deposits in the US. It’s up to you to select the method that works best for you. You have to consider parameters like transaction speed, limits, and security.

Let’s take a quick look at what you can expect from the methods.

MethodFeesDeposit timeWithdrawal timeMinimum depositMaximum withdrawalCasino bonus
Visa$0Instant3-5 Days$10Yes
Mastercard$0Instant3-5 Days$10Yes
American Express$0Instant3-5 Days$10Yes
Discover$0Instant3-5 Days$10Yes
Skrill$0InstantInstantDepends on CasinoYes/No
Neteller$0InstantInstantDepends on CasinoYes/No
Paypal$0InstantInstantDepends on CasinoYes/No
ecoPayzUp to 10%InstantInstantDepends on CasinoYes/No
eCheck$0.30 – $1.50InstantInstantDepends on CasinoYes/No
MoneyGramUp to 2% over $500InstantInstantUp to $10,000Yes/No
Wire TransferDepends on BankInstantDepends on BankDepends on CasinoYes
Zelle$0InstantInstantDepends on CasinoYes/No
Paysafecard$0InstantN/ADepends on CasinoYes

Online Gambling with a Small Budget

One of the things we love the most about online casinos is that you can start with a very little budget. Most operators impose minimum deposit requirements between $10 and $20. It might not last very long but it’s good to know that you can always start small.

Small Deposits for Bonuses

The same as the previous point goes for bonus claims. You don’t have to break your bank to claim an offered promotion at an online casino in the US. For example, you may qualify for a 100% match on your first deposit for a mere $10 deposit.

If you do deposit $10, the casino will give you another $10 so that you can start your playing with $20 in the bankroll. That’s the primary charm of welcome offers and you should always take advantage of these.

Casino Games with Low Deposits

If you’re wondering what can you do with the tiny deposits, you’d be glad to know that most of the games start with very little bet values. For example, most slot games impose a minimum bet of around $0.10. It’s a very minuscule amount when you compare the $10 deposit.

The same goes for table games such as blackjack. Most tables start at a mere $0.10 which is a fraction of your total deposit value. The only time you may find a spike on the table minimum is when you play live casino games.

$1 to $5 Minimum Dep Online Casinos

Believe it or not, some operators go even lower than $10 when it comes to minimum deposits. Sure, the number of these operators is very limited not only in the US but also all over the world.

The reason these brands are so rare is that the costs can overwhelm the profit for the casino in the long run. Although most operators don’t charge you for casino deposits or withdrawals, the casino does pay bills for the services.

Things to Consider Before Depositing in the US

Sure, having the right payment methods at your disposal is a great start. But it’s definitely not the end of your quest. You still need to maintain a few pointers if you want to successfully play at casinos.

  • Promotions – Most online casinos, if not all, offer various promotions to both new and existing players. It’s one of the major distinctions between land-based and online casinos. So, the severity of the bonus you can expect should always play a role in your decision. As for payments, look out for the excluded methods when you deposit.
  • Withdrawals – Most brands have their own withdrawal polity and you will find them in writing either on the T&C page or the dedicated withdrawal page. Look for an efficient brand that processes your requests within 24-48 hours. Instant banking casinos are even better. Also, keep in mind that all deposit methods may not work for withdrawals. So, it’s better to have a backup method.
  • Limits – Along with the methods, the limits of the method you choose must be aligned. If you plan to spend quite a lot, using Paysafecard will get you only so far. So, get a handle on the limits before you start playing.
  • Security – The casino website must have at least 128-bit SSL encryption. It’s in place to safeguard sensitive information such as your credit card numbers, passwords, PINs, or e-wallet credentials. Also, make sure you only use methods registered in your name.

Security & Reliability of the Casino Deposit Payment Methods

The first and foremost aspect of payment security is ensuring the security of the casino. It must be licensed in the state you’re in. Because as of now, offshore casinos are not permitted to operate in the US.

You can find the licensing information on the footer section of the casino website or near the beginning of the Terms & Conditions. The licensing authority not only monitors the fairness of the casino but also ensures your payments’ security.

A licensing authority also oversees the responsible gambling practices in the state. The brand should be partnered up with prominent external organizations. Moreover, they should offer the players reliable tools like deposit limits, session limits, reality checks, and self-exclusion.

Last but not least, the casino must comply with the KYC (Know Your Customer) requirements strictly. It includes verifying playing accounts with ID, proof of residence, and proof of payment methods.

To sum up, if the security features of the payment method you select and the casino you select are on point, you can rest assured that your money is in safe hands. And you can expect an amazing session ahead of you.