The Top Online Casino Payment Methods

Most Popular Online Casino Payment Methods 

Gamblers at the top casinos and sportsbooks online have a wider variety of banking methods than ever before. Check out the table below to learn more about the top casino banking options currently available.

Visa

Visa cards are the most popular credit card payment method at online casinos. This method typically has low deposit fees and fast transaction times, with your money hitting your casino account in a matter of hours, even if withdrawals can take up to 5 days.

Visa Casinos

• Avg. transaction fee: 1.15% – 3%
• Primarily used in: Worldwide
• Best Casino: El Royale

Mastercard

Mastercard is also a popular online casino payment method, second only to Visa cards. With a Mastercard, you can quickly and easily deposit in your account, with similar fees and faster transaction speeds than Visa.

Mastercard Casinos

• Avg. transaction fee: 1.15% – 3%
• Primarily used in: Worldwide
• Best Casino: Wild Casino

AMEX

American Express, AMEX for short, is more prestigious than other credit cards, but it is not as widely accepted as Visa or Mastercard. AMEX typically has similar deposit and withdrawal limits, is highly compatible with eWallets for withdrawals, but has higher transaction fees.

AMEX Casinos

• Avg. transaction fee: 2.3% – 3.5%
• Primarily used in: Worldwide
• Best Casino: Super Slots

Discover

Discover is also not as widely accepted as Visa or Mastercard, but it is a great option where it is available. This credit card offers similar transaction times as other credit cards, but it can be challenging to find casinos that offer it as a withdrawal option.

Discover Casinos

• Avg. transaction fee: 1.15% – 3%
• Primarily used in: Worldwide
• Best Casino: Las Atlantis

Prepaid Gift Cards

Prepaid gift cards are not as widely accepted as other card payment options, but they are still a viable option at many casinos. Reloadable cards are secure ways to fund your account, although you cannot make withdrawals to a prepaid card.

Prepaid Card Casinos

• Avg. transaction fee: 1.15% – 3%
• Primarily used in: Worldwide
• Best Casino: Sun Palace

PaySafeCard

Paysafecards are another secure prepaid card option for online gambling, especially for international players. These cards offer improved security and fee-free transactions, but they are only popular options at gambling sites that do not accept US players and tend to have low deposit limits.

Prepaid Card Casinos

• Avg. transaction fee: Free
• Primarily used in: Europe
• Best Casino: Spin Casino

Bitcoin

Bitcoin is the most popular cryptocurrency payment option for online gambling, but, like all cryptos, withdrawal fees are variable based on network congestion. Many casinos even reward players for using Bitcoin by offering faster transaction speeds, fee-free deposits, lower deposit minimums, exclusive bonuses, and more.

PaySafeCard Casinos

• Avg. transaction fee: $7.60
• Primarily used in: Worldwide
• Best Casino: BetOnline

Ethereum

Ethereum is also a popular payment method that comes with improved payment speeds and low transaction speeds. However, many casinos do not allow withdrawals with Ethereum, and withdrawal fees are vary with network congestion.

PaySafeCard Casinos

• Avg. transaction fee: $0.88
• Primarily used in: Worldwide
• Best Casino: Café Casino

Litecoin

Litecoin is less well-known than other cryptos, but it offers unique benefits such as lightning-fast transaction speeds and lower fees. This crypto is usually accepted at casinos that take Bitcoin and can even have lower withdrawal minimums.

Litecoin Casinos

• Avg. transaction fee: $0.04
• Primarily used in: Worldwide
• Best Casino: Thunderpick 

Bitcoin Cash

One of the most popular alternatives to Bitcoin is Bitcoin Cash, but its popularity has not yet reached online gambling. BCH is not widely accepted, but the casinos that do accept it typically offer lower, albeit still variable, transaction fees than other cryptos.

Bitcoin Cash Casinos

• Avg. transaction fee: $0.25
• Primarily used in: Worldwide
• Best Casino: BetUS

Dogecoin

Dogecoin deposits can hit your account in minutes, and the transactions are secure. However, many casinos do not offer DOGE withdrawals and the ones that do usually have lower maximum withdrawal limits than more popular cryptos like Bitcoin.

Dogecoin Casinos

• Avg. transaction fee: $0.073
• Primarily used in: Worldwide
• Best Casino: MyBookie

Neteller

Neteller is one of the most popular eWallets for depositing at casinos online. Transactions typically take less the 48 hours, but the eWallet charges up to 8% on transactions.

Neteller Casinos

• Avg. transaction fee: 1 – 8%
• Primarily used in: Europe and United States
• Best Casino: Red Stag Casino

Skrill

Skrill is another popular eWallet available at casino sites, especially casinos that cater to European bettors. This method is not as popular in the US. Transactions can take up to 72 hours to process and are subject to a 3.99% currency exchange fee.

Neteller Casinos

• Avg. transaction fee: 3.99%+
• Primarily used in: Europe
• Best Casino: Casino Tropez

ecoPayz

EcoPayz is a commonly used online payment method that has slowly but surely started to become popular at casino sites. It is not widely available yet, but casinos that accept ecoPayz usually offer instant, fee-free transactions, but you may be charged for transferring funds to your bank account.

ecoPayz Casinos

• Avg. transaction fee: Free
• Primarily used in: Worldwide
• Best Casino: Sloto Cash

PayPal

Some casinos have also started to accept PayPal as a payment method. This online wallet is quick and easy to use and does not charge additional fees for casino transactions, so you only need to pay fees from the casino itself.

PayPal Casinos

• Avg. transaction fee: Free
• Primarily used in: Worldwide
• Best Casino: Ignition Casino

Astropay

AstroPay is a great alternative payment option for bettors outside the US, such as in Latin America and Asia. While not available at many US gambling sites, AstroPay offers the benefits of both prepaid cards and eWallets, including instant transactions with minimal fees, but it is not a common withdrawal option.

Astropay Casinos

• Avg. transaction fee: 0.5% – 2.50%
• Primarily used in: Latin American and Asia
• Best Casino: Magic Red Casino

Bank Wire & Transfer

Bank wires and transfers are slower than other payment methods and often have high deposit and withdrawal limits. The transaction fees can reach over $100, but transfers are a reliable alternative when casinos do not allow withdrawals with select deposit methods, such as prepaid gift cards.

Bank Transfer Casinos

• Avg. transaction fee: $50 – 100
• Primarily used in: Worldwide
• Best Casino: DuckyLuck Casino

Tips for Choosing the Online Casino Payment Method That’s Right For You

Picking the right payment methods for online casinos is crucial to your success as an online gambler. There are several factors to consider to ensure you pick the best possible deposit and withdrawal methods for your bankroll. 

Some factors to consider when choosing a payment method include the following:

Transaction speeds

The transaction speeds of a payment method cannot be overlooked. Options with slow payment speeds can hinder your ability to play games when you want to. Slow payment options will also make you wait longer to enjoy your winnings.

Fees

No one likes paying fees, but they are a necessary part of many payment options. The higher the fees, the fewer of your own winnings you will be able to enjoy. Fees on deposits will also limit the amount of your deposit that will count toward your bankroll.

Deposit limits

Casinos usually place limits on the amount you can deposit at one time. Your deposit method for an online casino should not be too restrictive. High minimum deposits can be prohibitive, and low maximum deposits can impact the amount of your bankroll you can access at one time.

Withdrawal limits

Likewise, you should also consider the withdrawal limits for any payment method you want to use. High withdrawal limits can be challenging to meet. If the maximum withdrawal limit is too low, it will take longer to withdraw your winnings from your account.

Ease of use

The best payment method for you should be easy to use. You should be able to easily access your payment method. This will allow you to manage your bankroll as needed. 

Bonus options

Many sites only allow specific payment methods to be used when claiming casino bonuses. So, you should make sure that your chosen method will allow you to access any bonuses that you plan to use.

Security

The security of your account and your bankroll should never be overlooked. Safe casino sites offer multiple payment methods that will keep your money and private information safe.

Stability of payment method

You also need to consider how stable your payment method is, especially if you are using cryptocurrency. Unstable payment methods create additional risk for bettors.

Responsible Gambling

Gambling should be an enjoyable and entertaining pastime, whether you’re betting on sports or spinning the reels at an online casino. However, it’s important to recognize that for some players, gambling can evolve from a fun hobby into a serious issue. This is where responsible gambling practices, such as bankroll management, come into play.

Proper bankroll management is essential because it helps you control your spending and avoid chasing losses, which can lead to compulsive behavior. By setting limits on how much you’re willing to wager, you can maintain a healthy relationship with gambling and ensure it remains a form of entertainment rather than a financial burden.

If you or someone you know is struggling with gambling addiction, there are several free online resources available to provide support, guidance, and tools to regain control.

• Gambling Help Self-Assessment Quiz 
• Recovery Resources – Gambling Addiction Online Screening
• SAMHSA’s National Gambling Addiction Helpline

Casino Payment Methods Summary

Choosing the best online casino payment method for you depends on a few factors. First, you have to consider what is easily accessible to you. If you already have a loaded crypto wallet, that’s probably your easiest and fastest banking method. 

But, more broadly, you should pick a payment method that has low fees and fast transaction times. Plus, look for bonuses and promos that you can claim with certain banking methods, as that might help sway your choice in one way or another. 

Credit cards like Visa and Mastercard are quite popular, while cryptos like Bitcoin and Ethereum are close runners up. No matter what you choose, remember to practice safe gambling, including setting a budget.