How to Fund Your Online Gambling Account
While some countries strictly forbid online gambling of any kind while others have placed tight restrictions, the vast majority allow such activity, which has helped turn Web gambling into a multi-billion dollar industry. Virtual betting accounts allow one to play online poker for free or open sports wagering accounts for the sole purpose of recruiting other real money players from around the would whereby you, as the account holder, receive a cut of your player's revenue and/or deposits. Below you will find a number of commonly used methods for depositing and withdrawing funds from your wagering account. Not all are available from every jurisdiction so be sure to check your favorite website to determine the best funding options.
Debit and Credit Cards - You can deposit and withdraw funds securely using your credit or debit card. Depositing funds is instant with £5 minimums typical throughout Europe and $10 minimums elsewhere. To be eligible for bonus money, larger deposits are usually required. In some jurisdictions, payouts cannot be made directly to one’s credit card. Elsewhere, payouts are made between 3-5 business days. Mastercard, Maestro, Visa Debit, Visa Credit, Visa Electron, Switch, Solo & Lasercard are accepted from various jurisdictions across the globe. American Express is not accepted at any betting firms known to Gambling911.com.
Virtual Money - This is a preferred method for those customers living in the United States for both online poker and sports betting websites. Would be gamblers are welcome to register with a Gambling911.com recommended online sportsbook or poker room then fund the online account at a later date. Virtual betting accounts allow one to play online poker for free or enter sports handicapping contests. You can also refer countless numbers of friends for real money accounts once you become a virtual member and receive a cash bonus for each person sent or a percentage of revenue from said accounts without risking any of your own money. If you have a group of friends that like to bet sports or play poker or a wealthy high roller friend, a virtual betting account an ideal way to make serious $$$$ every month.
Western Union - The Western Union® Quick Pay service allows customers to make cash payments by walking into a participating Western Union® location, completing a payment form and handing over funds for the payment plus a processing fee to the Agent. The service is available from over 110,000 participating Agent locations in over 200 countries around the world. It is among the most popular methods for sending and receiving funds related to online gambling with many of the UK’s leading bookmakers proudly promoting Western Union. In some jurisdictions there are limits to the amount of money that can be sent and received via WU so check individual websites. Funds often must be sent in a specified currency (i.e. US Dollars, etc..).
Skrill (Moneybookers) - Skrill (Moneybookers) is one of Europe's largest eWallets with over 11 million account holders. Skrill (Moneybookers) supports deposits from credit or debit card, local electronic funds transfer and bank wire. It is the most popular eWallet for use with online gambling sites throughout Europe and other parts of the world. It is not currently available to those living in the United States for the purpose of online gambling.
PayPal – Now used by a limited number of online gambling websites based primarily out of licensing regions in Europe. There is a £10 minimum deposit and the maximum amount for payouts is typically very high. It is not currently available to those living in the United States for the purpose of online gambling.
Neteller - is an eWallet which supports deposits from credit or debit card, bank wire, international and local bank transfers as well as instant local deposits such as iDEAL, giropay and more. There is typically a £10 minimum deposit required. This method is not available anywhere in North America.
UKash - UKash is becoming an increasingly popular method for funding of one’s account in various jurisdictions across the globe. Ukash is a simple and secure way of paying with cash online. Ukash is delivered as a ready-to-spend 19 digit code. Ukash can be used to pay directly and instantly. Spending with a Ukash voucher is just like spending cash it is safe, quick and easy. It is anonymous, allowing you to have control, without needing to share your financial or personal details online. A £10 minimum deposit is required. UKash is not available to those living in the United States at this time.
Bank Wires – This is a popular method for gamblers wishing to send and receive large sums of money with very high limits allowed.
Courier Service – This is a tried and true method for receiving funds as a gambler. Money is usually available right away as the typical payout is in the form of a cashier’s check.
Other Methods – Websites across the globe are constantly developing new methods for payouts and withdrawals to and from online gambling websites. Check individual websites for more details.
