Making a deposit
Credit cards v's debit cards v's E-wallets
How to make your first deposit
Making your first deposit doesn’t have to be a difficult. By following this guide, you should be well placed to avoid common pitfalls and get playing with your deposited cash as soon as possible.
Step 1: Creating your account
Before you can deposit any money, you firstly need to sign up for an account with your chosen site. This is a simple enough process at most sites – just a case of filling in basic personal details, choosing your username and password, and verifying your account as required (and remembering to input any required Welcome Offer code, or any required opt-ins)
Don’t be tempted to use false details at any stage of the process. Use your genuine credentials in every field – some operators are required by law to verify the identity of players ahead of processing withdrawals, and you’ll find yourself in difficulty if you land a big win, but can’t verify who you are, or any other detail. This is in large part why you need to be confident about the site you’re playing with in the first place.
Once your account has been set up it should be fairly easy to find the banking or deposit screen
Step 2: Choosing a deposit (& therefore withdrawal) method
Having successfully set up your account and found your way to the deposit screen, you’re likely to be confronted with a range of different payment options. The most commonly accepted depositing types are:
1. Direct bank transfer
2. Debit & credit cards (Visa, Mastercard, etc )
4. Pre-paid cards (e.g Paysafecard)
It’s important to note that not every supported payment method is available for both deposit and withdrawal. So whilst your chosen site may accept Skrill, it might not be possible to withdraw through the same payment method. It pays to read ahead, and to work out the best services to use for transferring your money - e.g. whilst debit cards are usually pretty instant to deposit, they can take 2-5 working days to withdraw to, e.g. Skrill is only a few minutes to withdraw to, but then charges a fee to withdraw the cash back to your nominated bank account. You should also check the bonus terms & conditions, as in a lot of instances, deposits via e-wallets do not qualify for any of the available bonuses.
It should be noted that your chosen deposit method is also going to be your withdrawl method. You cannot deposit via debit card, but then try to withdraw the money to your Skrill account. If you use multiple deposit methods, then the site may limit the amount you can withdraw to each at any given time, e.g. you cannot deposit £100 using a debit card & £10 via Neteller, and then try to withdraw £110 to Neteller.
Essentially, if you can use a single account in both deposit and withdrawal transactions, it makes it much easier to keep a detailed record of how much you’re winning versus how much you’re depositing.
***WARNING*** - most credit cards consider depositing in online bookmakers & casino sites as cash payments/purchases, so ensure you have checked, or are aware of any fees you may be charged.
Step 3: Making your deposit
Once you’ve settled on a deposit method that works for you it’s time to decide on the amount you want to send. This is where your first deposit bonuses come into play. If you’re planning to deposit a set amount, it’s often better to do so with your first deposit, rather than staggering the amount over several deposits. This allows you to take fullest advantage of any welcome bonuses, which are usually the most generous in percentage terms.
Be mindful of the terms and conditions of any bonus, particularly the wagering requirements - some bonuses are easier to collect than others (check out the Sports offers & Casino offers listed on our site). These may vary in percentage terms, but by crunching the numbers, you can work out the most advantageous way of getting your money into your gambling account. The depositing or banking section on your chosen casino site will be easily navigable.
Step 4: Start playing
After you’ve made your deposit, you’ll get a confirmation message telling you whether it has been successfully processed, and usually indicating the timeline of processing if relevant. As soon as your payment is processed, it will be reflected in your balance, and you’re good to go. See our articles on withdrawing and pending withdrawals now to learn how to get your money off your chosen site after you’ve played (and won!)