• Thu. Oct 28th, 2021

Deposit Options

Choosing Different Betting/Gambling Payment Methods for Canada

The diversity of deposit methods on sports betting and online casino platforms really matter since they provide people with various preferences to make transactions through systems they trust. The following review presents the list of services compatible with mobile devices. All online payment methods mentioned below are safe and reliable, considering their brands’ reputation and long-term operational experience. These betting deposit options are available on the best casinos, sports betting sites, and mobile apps. Each has own terms, commissions, payout timeframe, and other peculiarities to consider while choosing an appropriate tool.

What Are the Different Types of Betting/Casino Payment Methods?

Represented casino payment methods offer various ways for your transactions, meaning deposits and withdrawals. Some of them imply using credit or debit cards, while others base their work on e-wallets. Those focusing on Bitcoin deposits and other cryptocurrencies are a separate category of online payment methods. Legitimacy and credibility are their common denominator.

PayPal

American-based gateway is one of the most popular casino payment methods for sports betting and slots. It hit the market in 1998 and remains a leader among deposit methods in the USA and worldwide. It features fast deposits within a day, but withdrawal may take up to 4 days. Its fees on transfers are in the range of 1% and 4%. It stands out from many other online payment methods by corresponding to the highest security standards.

Cryptocurrency

Since crypto-based casino payment methods are on the rise now, many platforms offer Bitcoin deposits and withdrawals along with other cryptocurrencies. Some people often ask, “Is cryptocurrency safe?” Well, you won’t get scammed if you deal with gambling sites under one of the top four jurisdictions:

  • Curacao
  • Kahnawake
  • Malta
  • Costa Rica

Besides, it’s crucial to choose trusted cryptocurrency deposit methods. It comes to online, paper, software, or hardware electronic wallets. For example, Circle or Coinbase safe services to buy and sell BTC in the preferred currency.

Skrill

While choosing online casino deposit methods, don’t forget Skrill among the top-rated banking options at many casinos where players bet real money. The British gateway is remarkable for small fees and a short transfer time of up to 2 days. It accepts 40 different currencies and covers more than 200 countries.

Neteller

Gamblers love Neteller more than other online payments for its instant deposits and withdrawals. It is one of the trendy deposit methods in Canada, but it is also widely used in over 150 countries worldwide. The service is famous for its spotless reputation since no transaction has been failed since its foundation in 1999.

Credit Card

Visa and MasterCard are among the most frequently used banking options among those who prefer traditional transfers. Both operators have their advantages. For instance, Visa takes fees only when you fund your account. At the same time, all withdrawals are free. MasterCard is valid in 210 countries and issues exclusive elite cards for VIP clients. 

Interac

The system differs from other betting deposit options to fund and pull out real money since it appeared in Canada for Canadians exclusively. It fits betting, business, and individual needs. The company is proud of its security and flat fees “with no hidden caveats.”

Pre-Paid Cards and Voucher Deposits

Many sportsbooks and slot casinos use pre-paid cards related to fast, anonymous, and secure withdrawal and deposit methods. They feature various formats and exist separately from a user’s bank account (unlike, for example, PayPal). It means that a gambler uses real money that cannot be tied with his/her financial data and card details. 

In their turn, voucher deposits are helpful since they allow punters to send each other money. Many stores issue vouchers that are available to buy anytime. Like pre-paid cards, vouchers are not connected with the main bank account. 

What to Look for When Finding a Deposit/Withdrawal Method

While choosing between various deposit methods, it’s better to pick the large corporations with history or new names that have already have a reputation. Besides, you should consider personal preferences and opportunities. For example, if you want to replace bucks with Bitcoins, it will be logical to opt for those dealing with crypto. In the case of craving discreet gambling, pre-paid cards or vouchers are at your disposal. 

Speed

Speed of online payments is no longer a cellar dweller. If you want to catch the most profitable odds, transfer times may become crucial. Interestingly, most services offer instant deposits but require several days for withdrawals. Just look through options provided by your favorite casino and choose the gateway with the shortest timeframes. For example, MasterCard boasts instant deposits and same-day withdrawals. However, you should consider your card’s type to learn about transactional fees. 

Fees

Many newbies who have just recently joined gambling attach their valid cards or e-wallets to use for betting. However, everyone should think about profit. Is your current Visa the best option for you? Well, fees matter along with other criteria. For example, Citadel instant banking is not trendy, but it practice no fees charged. On the other side, many Europeans prefer Paysafecard to buy vouchers but pay huge fees compared to Visa and some other banking options

Security

Of course, security runs the show. What should you do to keep your winnings safe from your own mistakes? That’s why a gambler should learn about restrictions, limits, and rules before using a specific service. It’s also important to create a strong password to protect your account. If you do not confide in a particular banking option, it’s better to move on and pick the most familiar system. 

Rating

rating

Payment Methods Accepted:Bank Transfer, Bank Wire, Bitcoin, Citadel, Fastbanktransfer,
Idebit
and 14 more

Rating

rating

Payment Methods Accepted:Bank Transfer, Bank Wire, Bitcoin, Citadel, Fastbanktransfer,
Idebit
and 14 more

Rating

rating

Payment Methods Accepted:Bank Transfer, Bank Wire, Bitcoin, Citadel, Fastbanktransfer,
Idebit
and 14 more

Rating

rating

Payment Methods Accepted:Bank Transfer, Bank Wire, Bitcoin, Citadel, Fastbanktransfer,
Idebit
and 14 more

Rating

rating

Payment Methods Accepted:Bank Transfer, Bank Wire, Bitcoin, Citadel, Fastbanktransfer,
Idebit
and 14 more

Rating

rating

Payment Methods Accepted:Bank Transfer, Bank Wire, Bitcoin, Citadel, Fastbanktransfer,
Idebit
and 14 more

  • Home
  • PayPal Casino – The Best Canadian PayPal Gambling Sites