It is no secret that for the majority of US players, the most challenging task is not to find a trustworthy online casino but to figure out the right payment method able to ensure successful deposits and hassle-free withdrawals.
As a direct consequence of the UIGEA (the Unlawful Internet Gambling Enforcement Act) of 2006, PayPal, Skrill, Neteller, and many other well-established providers have ceased the processing of gambling-related payments across the country, except for the regulated market of New Jersey. Gamblers, however, are a special breed, they do not give up easily, always looking for viable alternatives to play their favorite casino slots or table games.
Even with a pretty limited choice of possibilities available at the renowned US gaming sites, players can choose from a few reliable methods that facilitate smooth payments in USD. Problem-free deposits and cashouts are what make spinning the reels really fun, and since here at CasinoSlots, we strive to ensure that all slot buffs have the best possible experience, we gladly share with you the most popular banking options for US players. Popular because they work.
Providing a sought-after combination of security, swiftness, and ease, Visa credit cards remain the most popular choice of US players when it comes to making deposits at online casinos. These small and thin pieces of plastic are widely accepted and can be spotted in the Banking section of almost every gaming website that caters to customers from the United States.
One of the main advantages of using this method is a very low rate of rejected deposits, especially if you have an account at the right gaming website. Another benefit of depositing funds with your Visa credit card is relatively high limits. Make sure to check the policy of your bank because some of them can recognize such transactions as cash advances and charge you a respective fee.
As already said, you will be hard-pressed to find a site that does not offer this payment option, therefore take a closer look at our roster of reputable USA brands and read our in-depth reviews to choose the one able to cater to all your needs and wants.
The world’s second-largest payments network, MasterCard is another favorite of US players who use it to deposit funds slightly less frequently than Visa. Generally speaking, Visa and MasterCard credit cards are very similar in functionality and the benefits they offer, with the only difference being that the latter has a somewhat higher rate of rejected deposits.
Well, the problem is often easy to solve, so if your card is declined, simply try it again, and in the great bulk of cases, you will get the desired outcome. If even after several tries, things do not work, get in touch with the casino customer support team to see whether they can assist with the matter and try your card for you. Anyway, when everything goes as planned, deposits with MasterCard credit usually clear in 5 to 10 minutes, meaning that you can start spinning right away.
Visa & MasterCard Debit
In contrast to credit cards, their debit counterparts are accepted by a significantly smaller number of US-friendly online casinos. Apparently, debit cards do not provide such substantial leverage with the merchants, plus, they are seen as a less secure option that lacks protection against damage or theft provided by credit cards.
From a player's point of view, debit cards represent a convenient and fast way to deposit funds, the only downside of this method is a more complicated chargeback procedure because a debit card deposit takes cash directly out of your bank account while a credit card transaction just registers a debt that you has agreed to pay back to the bank.
On the other hand, when playing at renowned gaming websites, you do not even need to think about chargebacks since the quality of provided services is always at the highest level. Some of the top-rated online casinos that accept Visa or Mastercard debit cards are Slotgard, Grande Vegas, ComicPlay, Lucky Tiger, and LadyLuck.
Even though in the past decade, there has been a marked decline in the number of web-based gaming platforms that feature American Express in their banking section, AmEx cards can still be used on quite many websites.
Slotland, Bovada, Rich Palms, and other popular brands with the best USA casino slots offer their customers this deposit option despite the restrictive banking regulations for gambling-related transactions across the country. To be on the safe side, make sure to have at hand another variant in case your AmEx deposit fails.
Cryptocurrencies are on the rise all over the globe, so it is no wonder, the iGaming industry has embraced the opportunity to offer players numerous benefits brought by the use of digital assets. Today, nearly all online casinos targeted at punters from the United States accept Bitcoin, the oldest and most recognized cryptocurrency.
The biggest advantage of BTC compared not only to the traditional banking options but also Altcoins is its ultimate availability for withdrawals, which is not always the case with Ethereum, Bitcoin Cash, and even Litecoin (more on this below). Needless to say, no credit or debit card offers US gamblers the privilege to pocket their winnings, at least, not at the moment.
If you are new to the crypto world and do not know where to start, Coinbase is the right place to visit. This popular crypto trading platform makes it very simple to buy BTC with a credit/debit card, bank wire, or bank transfer. In addition to that, the vast majority of online casinos provide a step-to-step guide on how to set up a Bitcoin wallet and deposit funds.
The second oldest cryptocurrency, Litecoin was created with the goal to improve the accessibility and transaction speed of Bitcoin. Indeed, this cryptocurrency is arguably the fastest, taking on average less than 3 minutes to process the payment, which is four times the speed of BTC.
Coupled with marginal fees charged by the wallet provider, which are typically under $1 (gaming websites themselves do not charge any fees for processing LTC deposits), this lightning speed makes Litecoin an ideal solution for smaller routine transactions, which is what online casino deposits exactly are. Even though this digital currency is supported by a great many wallets and exchanges, the safest and easiest options are Coinbase and Exodus.
Born five years after the famed Bitcoin, Ethereum is gaining momentum right now, being the world’s second-largest cryptocurrency. Well, when it comes to online casinos, it is still not as widely accepted as its “older brother” but it’s nice to see that more and more US-friendly websites go an extra mile to let customers take advantage of easy Etherium deposits.
It’s worth noting that the average transaction cost on the Ethereum platform is higher and far more varied than that of Bitcoin or Litecoin, typically ranging between $2 and $25 for basic operations. On the bright side, it is really fast and transactions never take more than 5 minutes to process.
Created in 2017 as a hard fork of Bitcoin, Bitcoin Cash is another popular banking option for depositing at USA online casinos. Offered by a pretty impressive number of places, from Bovada and Win A Day to Grande Vegas and Yabby Casino, BCH delivers the same benefits as the majority of digital assets: high level of privacy and almost instant payments.
Bitcoin Cash, by the way, boasts some of the lowest fees, which are normally less than $0.01 per transaction. This cryptocurrency can be found on Coinbase, BinanceUS, FTX US, Kraken, and many more exchanges
For many years, Western Union has been a convenient and reliable way to send and receive money. Indeed, it’s hard to find someone who hasn’t used this service at least once to transfer a few bucks to a friend down the street or send some cash to another side of the globe. Now, US players can also use old good WU to make deposits at gambling websites.
Truth to be said, just a few websites have this option featured in their Banking section, some of them are DuckyLuck, Super Slots, and New Vegas Casino. Plus, fees can be pretty high, especially when you transfer smaller amounts of money. Anyway, if you think that Western Union is your perfect fit, make sure to contact the casino’s customer support to get all the necessary details for the transfer – no matter whether you are going to visit the nearest WU office or make an online/mobile payment.
Once you pay the amount you want to deposit and the respective fees, you will be provided with the MTCN, a unique tracking number you need to share with the casino. So get in touch with the support team again, the number you provide will help them identify your payment and credit your account as soon as possible.
Zelle is a relatively new payment option and isn’t really widely accepted, however, you will find it at such popular US-friendly sites as Ignition Casino, Slots.lv, and others. Just a heads up, using this banking method, you won’t be able to deposit USD funds directly to your casino account. Zelle is just a fast and convenient way to buy Bitcoin in order to make a deposit at the gambling site of your choice.
The procedure is very easy, after setting up an account at LocalBitcoins.com, which is completely free, you can use Zelle to buy BTC, and as soon as you see it in your wallet, you can transfer the desired amount into your player’s account through the casino’s cashier. Usually, funds are credited within a few minutes.
Chances are you already have a Ria account, so now you can give it a try as the payment method to deposit funds at web-based casinos. Thanks to the company’s partnership with PayNearMe, US players can create their money transfers online and conveniently pay with cash at their neighborhood 7-Eleven.
It is a great solution for those who don’t have a bank account, credit/debit card, or simply prefer to pay with cash. Just do not forget to take your PayNearMe barcode and show it to the cashier at one of the participating 7-Eleven locations. Ria is accepted at Cyberspins, Jazz Casino, Vegas Crest, and other renowned websites.
Emerged as the low-fee money transfer service for immigrants, Remitly is a fully digital payment solution used today by a broad range of customers worldwide. It is not offered by many gaming sites, therefore cannot rival other banking options in popularity, but the potential is very much there.
DuckyLuck, Cocoa Casino, Cyberspins, and Vegas Crest are among renowned US-friendly online casinos that accept deposits via this payment provider, and the only thing you need is a Remitly account. Depending on the delivery method you choose, your funds may take between 15 minutes and 5 business days to show up on your player account.
Even though this banking option still has “wire” in the name, nowadays, it represents a fast and secure electronic transfer of money without the telegraph wires of the old days. This payment method is the first choice of US players who wish to cash out their winnings, however, the secret of popularity is pretty obvious – wire transfers are often the only available option, of course, if you do not want to deal with cryptocurrencies.
Be ready for the slightly higher cost of processing such withdrawals and a pretty high minimum withdrawal limit, which is usually set at $100, but in return, you get your money in the most secure way.
Using Bitcoin at online casinos comes with many benefits. The biggest of them is that BTC is the only option to always allow for both deposits and withdrawals – well, US players are far from being spoiled for choice. Setting up a Bitcoin wallet is an easy and hassle-free procedure - a couple of clicks and you are ready to fund your account and start playing your favorite game.
No doubt, withdrawing winnings using BTC is the most reliable way to receive your payout. First off, you will be hard-pressed to find a website, which accepts BTC deposits but doesn’t allow BTC cashouts. Secondly, no one can deny a win-win combination of high privacy protection, zero to very low fees, and virtually non-existence of limits. Typically, it takes up to 24 hours (of course, after your withdrawal is approved) to receive your Bitcoin winnings.
Litecoin, Ethereum & Bitcoin Cash
As already said, Litecoin, Ethereum, and Bitcoin Cash become more and more popular among the gambling community, and for a good reason. In contrast to Bitcoin, they need only 1 hour to deliver your winnings – if you are looking for a truly fast withdrawal option, consider using one of these cryptocurrencies.
At the moment, not all websites accept LTC, ETH, or BCH for both deposits and withdrawals, which is a slight downside to the overall incredibly positive story. Make sure to check out our casino reviews because they contain the exact information about banking options available for cashouts.
One important rule for all cryptocurrency withdrawals: always double-check the type of cryptocurrency and other details you enter, as well as the uniqueness of the wallet address - crypto transactions are irreversible, meaning that even the smallest mistake can cost you dearly.