Gambling

If you are interested in any sort of gambling and want to move from a land based casino to online casino then there are two preliminary things which need your attention.  The first one is to find a reputed online casino and the other one is to learn about the popular payment methods for all of your financial transactions.  Being able to transact quickly and securely is of paramount importance.  The other thing is the accessibility and the operational easiness of such method.   There are many popular payment methods provided by online casinos which can be used to deposit and withdraw money.

In order to provide details of such methods, we have gone through and reviewed some of the best options in this field.  The top rated popular payment methods, currently provided by online casinos, include the following.

Debit, Credit, Prepaid Cards

Debit cards are quite popular as a payment method for online casinos.  While using such facility a player transfers the money from his personal bank account to that of the casino.  While doing so no interest is payable to the bank.  This form of online transaction is quite popular in Europe, especially in United Kingdom.  The most popular debit cards include Visa, Switch, Maestro, Electron and Laser.

Credit cards are also quite popular for depositing money.  While using a credit card, a player takes money from a lender on interest.  If he or she is able to return the money in a stipulated time period then there is no interest otherwise a certain percentage of interest is charged.  The most popular credit cards include Visa, American Express and Mastercard.

Entropay and PaySafecard are the two most preferred prepaid payment methods.  The Entropay is a payment method that provides the user with a virtual prepaid Visa card and a prepaid Mastercard.  You can transfer funds in this card by using either debit or credit card.  PaySafe card is quite popular in Europe.  You can buy these cards from authorised outlets.  If a top up is required you can buy it from the retailer.

Online Casino Banking

Online banking is considered as one of the most trusted methods to transfer and receive funds from the online casinos.  The rising popularity of this method can be attributed to the fact that banks have made phenomenal improvements in the security related with online transactions.  The facility to send and receive money by this method is easily available and one can do such transactions from the safety of the  home.  Apart from banks there are other online money transfer service providers such as Neteller, PayPal and Skrill which also help in online deposits for online casinos.

E-Wallet Services

The best thing about using E-wallets is the fact that you can store all your debit and credit card information on a single site.  Whenever a deposit transaction is required you can just select one of your card options to make the payment.  In other words, E-wallet can be described as a type of electronic digital card which can be used for making online payments via a computer or smart phone device and it is password protected.   Some of the top ranking E-wallet service providers include PayPal, Neteller, Skrill and EcoPayz.

Bank Wire

This is one of the greatest money transfer options for the people who are not well versed in online transactions or computer savvy.  This method is used to transfer money from bank or a financial company to other company or individual’ s account.  In order to avail such services, one is required to use wire transaction facilities provided by the local bank branch or a finance office specializing in such activities.  While using wire transfer, it must be kept in mind that there is a fees associated with such transaction.  This fees varies from amount to amount of money being transferred or received.  The other popular methods under this category include money transfer services such as Western Union and MoneyGram.

e-check Services

It is nothing but an electronic version of the good old check.  This method requires much lesser time and resources for each transaction.  By this method, money is electronically transferred from your account and deposited directly to online casino’s account.  This transaction is processed by using ACH network.  This transfer can be also done by a bank or financial company by using the information provided by the payer on a paper check. The e-check is a combination of security, speed and process with that of the infrastructure and the process used for the original check verification system.

Cryptocurrency Transfer

Cryptocurrency is a decentralized currency used all over the world.  In today’s world cryptocurrencies like Bitcoin are used for availing all sorts of services and for purchasing merchandises via online transactions.   As a result, now there are some online casinos which accept cryptocurrency for making deposits and redemptions.  Before opting for such services, it is always better to check whether such transactions are allowed by your state jurisdiction.

Gambling

What can be more entertaining and thrilling then taking risks in your favorite game? Probably nothing, but overindulgence in anything can be dangerous for health and the financial status of a person.  Gambling can be a fun factor in your life, but sometimes it turns into a problem when over obsession and greed to win more overtakes the fun part associated with such games.  Apart from players, the stakeholders in the gambling industry are also responsible for offering a safe gaming environment and protection of their clients from negative impacts of online gaming.

In general instances, majority of the players participate in their favourite gambling options for recreational purposes, but in some cases players tend to get overboard and opt for these games to generate income.  In the case of normal players, they play with a bankroll which they can afford but the persons suffering from obsessive gambling it becomes very difficult to draw a line with regards to their finances.

Underage Gambling

The other major concern which relates to responsible gambling is prevention of underage gambling.  It is the duty of the online casino operators to make sure that only people with legal age must be allowed to participate in gambling.  It is also the duty of the casino to ensure that all the laws protecting the minors from gambling should be followed as per the jurisdiction of the area where they are operating.

In order to comply by these rules and regulations, casinos should follow a transparent registration process for all players and complete verification should be done before allowing any of the players to access the gaming portal.

Along with the online gaming operators, it is also the duty of the parents and guardians of minors to make sure that their wards do not have unbridled usage of internet and access of gaming sites.  Parents are advised to take appropriate steps such as blocking access of gambling sites by using different apps available in the market along with strict vigilance.

Recommendations for Responsible Gambling

Even though the stakeholders in gaming industry are responsible for providing ethical gaming activities to their clients, but it is also the duty of the players to adhere to responsible gambling.  It should be kept in mind that gambling like any other entertainment activity is a way to have a relaxing time rather than creating stress in your life.  The following recommendations are provided to help the gamblers/players for responsible gambling.

  • Gambling activity is for fun and entertainment purpose only; never confuse it with a way to earn money for your day to day activities.
  • Online gaming should never be considered as an easy way to create a fortune.
  • Never overstep your bankroll limits. In order to be safe, always create limits and avoid losing too much money which can have straight affect on your personal life.
  • Never gamble with money kept for family projects or provisions.
  • Always opt for website mechanisms which allow the players to set a limit on money to be wagered in a particular period of time.
  • Always keep a full account of your wins and losses.
  • Study and learn bankroll management before participating in gambling activities.

 

Misc

This question has always been on the mind of the players who have just ventured into the sport of gambling.  Fans of both online and land based casinos have their own reasons to advocate and support their choices.  

While the online casino enthusiasts will vouch for the ease of gaming and availability, the other side refers to the tradition and the allure associated with the land based casinos.

So who is right? In my opinion selecting between these two options is just a matter of taste and one’s location.  In reality both have their own advantages and disadvantages so understanding them can help a player to make an appropriate decision.  After going through this article you may opt for either one of these options or choose to avail the services of both.

Advantages Associated with Land Based Casinos

For the people who have casinos in their vicinity or for the ones who are on recreational tours to enjoy gambling, nothing beats the old charm of old brick & mortar casinos.  Majority of the reputed land based casinos have a certain reputation and popularity which attracts a lot of people into their doors.  Hollywood has also played an important part in increasing the popularity of such institutions by making them a part of its productions.

Majority of the people who opt for land based casinos have one predominant reason that is the quality of experience in hospitality provided by them.  When it comes to visiting a casino with your friends or family to have a great night one will certainly opt for a trip to the nearest casino.  Land based casinos not only provide gambling services to their clients but also have great theme nights along with live entertainment shows.  They are well known for providing services ranging from health spas to cultural shows along with availability of world renowned chefs and bartenders to make your trip a culinary experience.

Advantages Associated with Online Casinos

Opting for an online casino is very closely related with the issue of convenience for a person.  Majority of the people prefer online casinos as they do not want to leave the safety, comfort and the privacy of their homes.  You can play to your heart’s content without even changing your pajamas.  The other factor is the 24 X 7 availability, as a player can take part in his favorite game at any hour of the day.  While opting for online services offered by these casinos, one himself ensures the required level of comfort as it is ‘you’ who can make the decision when to play or not to play.    

The other factor is the level of security.   As you do not have to leave the safety of your home, a certain level of security gets assured.  There was a time when players used to have concerns regarding the misuse of their financial as well as personal information, but now with high security checks and barriers applied by online casinos has made this fear totally redundant.

Factors That can Influence Your Choice

As already mentioned opting between these two choices is a matter of personal inclination.  While opting, one should consider all the aspects associated with both the options.  The most important thing is to consider your objective whether you want to enjoy social outing or you just want to rake in good money.  If your choice is for a day or night of social festivities then there is nothing which a land based casino cannot provide.  On the other hand if you have a limited budget and time then online casinos are the best choice.