The movement of money in the form of deposits and withdrawals is a matter of utmost importance for any person involved in gambling at online betting websites or online casinos. Today, however, most genuine and legitimate gaming and betting websites like the https://uk.mansionbet.com/sports/greyhounds/ use many acceptable means of depositing and withdrawing money.
Some of these means of transferring money online are:
- Transfer of E-Cash: This option enables the direct transfer of money from a gamblers savings account to the online gaming website account. The process is similar to paying bills online.
- Green Dot MoneyPak: This is actually a voucher that a gambler can purchase at the local stores. Each voucher is worth a certain amount of money and on punching in the code at the online gaming website, the gambler can start betting on the website.
- Credit or debit card: This needs the card information to be typed in, a deposit amount mentioned and the required PIN and codes punched in for the money to get transferred.
- Wire transfers: These are best suited for transferring large amounts of money from the bank to the online betting website account. This is because the concerned bank charges a fee for every wire transfer made. Funds transferred generally take a day or two to get credited.
- Cheque or money order: This is a slow method of making a deposit since the instrument needs to be deposited in the bank and cleared before the amount can get credited in the gamblers online betting website account.
- PayPal: This is another good option if the gambler has money in his PayPal account and is similar to using the PayPal account to make online purchase etc.
Care should however be taken to ensure that withdrawing money after winning does not take too much time and also that the gaming website does not have any regulations which force a player to keep part of their winnings in their website accounts.