Many players decide to gamble online for free. It allows avoiding the risks, testing hundreds of games, and playing at their own speed. But you will probably agree that the practice mode won’t replace gambling for money. The adrenaline rush, full functionality, and the possibility to win are only some of the advantages that you get. When playing in a real-money mode, you should choose not only the คาสิโนที่ดีที่สุด but a secure payment method as well. In this quick overview, we’ll discuss the main advantages of e-wallets for gambling and why using them in online gambling is a good idea.
Make yourself comfortable and don’t forget to take notes!
Advantages of digital wallets
If you still don’t know whether e-wallets for for gambling are your cup of tea, the list of their main advantages below might be exactly what you are looking for.
1. Low or absent fees
Many digital wallets don’t have any fees at all, so depositing and withdrawal won’t cost you a single cent. And even if they do, the percentage is usually much smaller compared to bank cards and direct transfers.
2. Speedy transactions
Traditional payment methods are rather slow. When using bank cards, direct transfers, or cheques, you will have to wait 5 – 10 days for the money to land on your account which is rather annoying. But this problem is solved with e-wallets for gambling because the deposits are instant and withdrawals usually take 48 hours – 3 days.
3. Top-notch security
Another reason to choose digital wallets for gambling is their safety. Thanks to the fact that they act as a third party between you and the casino, there is no need to worry that the gambling site will get access to your sensitive information. In addition, modern technologies allow integrating the latest encryption protocols and adding an extra layer of protection to your account.
Finally, most e-wallets have two-factor authentication. It is a security process in which users should provide two verification factors to confirm their identity. It creates extra security and protects both, the user and the website.
4. Available both for depositing and withdrawing
If you have been gambling for a while, you might know how inconvenient it is to make a deposit with one card and then open another one just to withdraw. Fortunately, most e-wallets for gambling are available both for betting and cashing out. This not only adds comfort but also eliminates the problem if you choose an online casino when withdrawals are possible only with the method used for deposits.
5. Convenience of use
Traditional payment methods can be quite slow, outdated, and difficult to navigate. But this issue is fixed with e-wallets which boast outstanding design, user-friendliness, and top-notch software. You can easily manage your payments through the browser or a native app, see the history in real-time, and use vivid functionality to keep up with the latest trends and technologies.
6. Extra bonuses and perks
To attract users, digital wallets often come up with quite rewarding offers depending on your spending history. These can be complementary points that you can exchange for food, gas, or travelling. They may also include cashback, participation in prize drops, and more. Thus, when depositing online casinos, you additionally get valuable gifts!
Disadvantages of digital wallets
From the section above you might think that e-wallets for fambling are the best option for gamblers but there are still a few pitfalls that you should be aware of:
1. They might not operate in your country
While the most popular wallets like Neteller or Skrill operate in over 100 countries, many companies have significant restrictions, so before opening an account you need to check whether it is available in your location.
2. There’s still a security risk
In a nutshell, digital wallets act as middlemen between the bank and the casino, so it is impossible to guarantee that the data won’t be lost or stolen. Especially if your network is not secure.
2. Limited supported technologies
If you want to use an e-wallet in an offline store or casino, you might come across a few challenges because scanners and NFC terminals are the only devices that process such payments at the moment.
E-wallets have quickly become the most popular payment option for online gambling. It is fast, convenient, cheap, and secure, and every day millions of players choose Skrill, Neteller, PayPal, and other wallets. But if this method doesn’t suit your needs, there are still many alternatives including debit and credit cards, prepaid cards, and cryptocurrency. Remember, safe and comfortable transactions should always be your priority!
About the author: Chanisa Mongkhonkay has been gambling for 7 years and knows what payment methods to choose. Thousands of users read her posts on Thai CasinoHEX and become skilled punters in no time!
Also read: The Best Digital Wallets Apps for Online Transactions