Casino fans always seek to maximize their experience by searching for the best games and the most beneficial payment options to fund their playing accounts and cash out successfully. In the current competitive industry, iGaming brands offer more options than ever when it comes to topping up the account and withdrawing the winnings. This short guide introduces key aspects to focus when looking for a new casino experience that will be worth the money.
Overview of Available Payment Methods
Top-rated casinos in Canada will always offer payment methods that provide distinctive advantages. Which one is the best is up to every gambler to decide. The most common ones are:
- Banking Cards: Debit and credit cards by mainstream companies such as Visa and MasterCard. Their main advantage is that almost every player has one;
- E-wallets: They come in all shapes and sizes, and some of them even offer a free debit card. These are a widely preferred option, as e-wallets enable gamers to keep their payment data safe;
- Prepaid Cards and Vouchers: Although not as popular as they used to be, prepaid cards and vouchers still have their place in online casinos. Players love them as they provide a high level of discretion;
- Bank Transfer: Traditional and online bank transfer is not going anywhere, despite the fact it is much slower than most modern options;
- Cryptocurrencies: They offer maximum privacy but can also be extremely volatile.
Players will find at least three methods in multiple variants offered by Canada-licensed casino websites.
Processing Times & Feel: The Difference They Make
When it all sums up, it could be said the older a certain type of payment is, the slower and more expensive it is. Bank transfers often have high withdrawal limits and extra fees and are slow. A withdrawal may take up to 8 business days. Banking cards support payouts that take around 5 business days.
Compared to them, e-wallets are significantly quicker. In most cases, all money transfers are free of charge, and it takes only up to 3 business days to get a cashout. Cryptos can be even faster than that, but gamblers must be aware of the fact that crypto casinos should have a proper gambling license to be a viable option. Certain methods, such as prepaid cards, don’t support withdrawals at all.
Choosing Safe & Secure Ways to Bank
Generally speaking, legit online casinos will always support safe and secure methods. Bank wire and banking cards still tend to be the best choice for gamblers who want maximum protection. When provided by major banks, they provide the best protection one can get.
In terms of safety, e-wallets vary the most because new casino entertainment brands keep appearing all the time. To stay safe, players should focus on well-established brands that have been around for a while. Cryptos are the riskiest, as the brands that offer them are not always legit. Plus, they are very volatile, which may cause additional stress for gamblers. Technically speaking, they are safe with their chains and confirmations, but the environment they operate in is not the most user-friendly.
Before making a deposit, players must examine the casino and the payment methods they offer and consider their gambling habits to find the optimal payment method. Sometimes, it is better to test out a gaming site first if that means getting a positive experience in the long run.
