The most important thing when it comes to keeping your finances safe while gambling online is to only play on 100% legal, regulated online casinos.
By playing on US-regulated sites, you know that, regardless of which method you pick, your money is going to be safe and secure.
But before entrusting your hard-earned cash with an online casino, it is worth thinking about a few things:
- How do I get my money on there?
- How do I make a withdrawal?
- How long will it take to get the money into my account?
- How does the casino take care of it, while it is there?
The deposit and withdrawal methods at each online casino can vary, so it is good to know exactly what the site offers before signing up and parting with your money.
In this Guide to Withdrawals and Deposits at Online Casinos, we tell you everything there is to know about the most commonly used banking methods, as well as important details that vary state-by-state.
Get To Know The Different Online Casino Banking Methods
Here’s a breakdown of the most commonly used banking methods that you are likely to find at an online casino and details about how they work.
Online Bank Transfer (ACH/e-check)
ACH stands for the Automated Clearing House Network, which is responsible for processing electronic payments across the United States. It provides an incredibly secure way of transferring funds into and out of online casinos.
ACH is one of the most common banking methods you will come across on iGaming sites. In 2018 alone, it processed over $51 trillion in payments globally.
Digital Wallets (PayPal, Skrill, etc.)
Digital wallets — or e-wallets — are third-party online payment providers who act as an intermediary between your bank and the casino site. E-wallets are incredibly popular amongst players for a number of reasons.
Firstly, they are very safe. Digital wallets give you a single place to hold your banking details, so you never have to disclose them directly to the casino. They also use the most up-to-date security methods to encrypt your data, so you know your financial info is secure.
E-wallets are also extremely fast. Typically, you can get funds into or out of your account in minutes, if not quicker. On top of this, they are convenient and easy to use. Additionally, many other eCommerce sites, delivery apps, and online stores accept digital wallets for payment, so once you have your account set up, you will be able to use it across the internet. It is definitely worth having one, as you are sure to get plenty of use out of it.
Most casinos accept e-wallets for both deposits and withdrawals and, as all your details are stored in your digital wallet, you never have to fill out online forms — transactions are completed with a couple of clicks.
The two main providers you will come across are Skrill and PayPal. Almost every online casino will offer at least one of these options. Both Skrill and PayPal provide much the same kind of service, but there are a few differences in the way they operate.
| PayPal | Skrill | |
|---|---|---|
| Charges for | receiving money | sending money |
| For verification | User makes small deposit | User makes small withdrawal |
| Languages supported | Almost all major languages | 7 |
If you wish to use a service like Skrill or PayPal for your digital transactions, simply sign up with your preferred provider and link your e-wallet to a bank account.
It will only take a few minutes to register online, though it may take a day or two for your account to be verified.
Once verification has been completed, you will be able to deposit and withdraw, simply by selecting your digital wallet on the casino’s cashier page.
Prepaid Cards
Prepaid cards like Play+ and OneVanilla are a handy way to fund gaming accounts and have become very popular. Some of the reasons for this are:
- Security: Prepaid cards do not need to be linked to a bank account, so you can deposit money directly on the card, without sharing any of your personal financial details with the casino.
- Convenience: They require no credit checks, are widely available, and are widely accepted.
- Budgeting: Prepaid cards are a great way of keeping your gaming bankroll separate from other money and ensuring you stick to your budget.
There are a couple of downsides to prepaid cards that are worth consideration. The first is that they do not generally have the ability to make withdrawals, so you will need to set up an additional payment method in order to withdraw your winnings from the casino. The other is that they tend to incur high fees, so it is a good idea to check the small print for any costs before committing to one.
Credit or Debit Cards
Almost all real money gaming sites currently accept payments directly from credit or debit cards. However, some banks will not allow cards to be used at online casinos and some credit cards impose high charges for gambling sites, so players should check in advance before using them.
Cash with Retail Partner
This is ideal for anyone who does not want to share any banking details online. Services such as PayNearMe and Vanilla Direct allow players to deposit money into their accounts by paying in cash at participating local stores such as 7-Eleven, for example.
PayWithMyBank/Trustly
PayWithMyBank (which was recently acquired by Trustly, so you may see it listed under either name) is another method that allows players to make transactions without disclosing banking information. This function allows players to log into their bank from the casino site. This way, they are able to deposit funds without the casino storing their personal details.
Other Options
Some other deposit and withdrawal options are occasionally available. Some casinos offer electronic transfers from your online bank via the bill pay function. Some also allow you to make transactions from the cashier cage of a land-based casino partner.
Deposit and Withdrawal By State
Connecticut
Connecticut went live with online casino games in late 2021, and as such, it remains to be seen what options licensed sites will bring to the table.
However the follow deposit and withdrawal methods are expected:
| Payment Method | Deposits | Withdrawals |
|---|---|---|
| Visa / MasterCard | TBD | TBD |
| ACH | TBD | TBD |
| PayPal | TBD | TBD |
| Skrill | TBD | TBD |
| Bank transfers | TBD | TBD |
| In-person deposits and withdrawals (at Foxwoods and Mohegan Sun) | TBD | TBD |
Delaware
Way back In 2012, Delaware was the first state to provide regulated online gaming. There are three Racinos that are licensed to offer casino games in the state: Harrington, Dover Downs, and Delaware Park. They all utilize 888’s casino software, and offer the same banking options, as follows:
| Payment Method | Deposit | Withdrawal |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| Visa | Yes | No |
| MasterCard | Yes | No |
Michigan
In the world of online casinos, Michigan is the new kid on the block. The first MI online gambling sites went live in January 2021 but the state already generates one of the highest turnovers, rivaling Pennsylvania and Michigan for internet gaming revenue.
PokerStars Casino MI
Stars Casino launched in Michigan on January 29. It doesn’t yet have quite as many banking options as some of its sites in other states, but that is sure to change as time goes on.
| Payment Method | Deposits | Withdrawals |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| Visa | Yes | No |
| MasterCard | Yes | No |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Paysafecard | Yes | No |
BetMGM MI
In the short time since online gaming was regulated in Michigan, BetMGM has quickly established itself as the biggest operator by a large margin. It offers plenty of options for depositing but again, there is a far smaller choice when it comes to cashing out.
| Payment Method | Deposits | Withdrawals |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| Visa | Yes | No |
| MasterCard | Yes | No |
| Discover | Yes | No |
| PayPal | Yes | No |
| Play+ | Yes | No |
| Electronic Transfer | Yes | No |
| PayWithMyBank | Yes | Yes |
BetRivers MI
BetRivers was one of the eight casinos that went live on day one — January 22, 2021. It has a good spread of deposit options, and almost as many for cashing out.
| Method | Deposit | Withdrawal |
|---|---|---|
| Online Banking (ACH) | Yes | Yes |
| BetRivers Play+ Card | Yes | Yes |
| Cash at Casino Cage | Yes | Yes |
| Credit/Debit Card | Yes | No |
| Pay With Cash | Yes | No |
| Check by Mail | No | Yes |
New Jersey
New Jersey was one of the first states to regulate internet gaming and the first online casinos launched there in 2013. They continue to be popular, and to this day NJ’s online casinos generate more revenue than any other state.
Here is a list of some of the major NJ casinos, and the range of banking options you can find at them:
BetMGM NJ
This site was originally launched in 2018 under the name playMGM. It was rebranded as BetMGM in September 2019 and is one of the biggest online casinos in the state.
| Payment Method | Deposit | Withdrawal |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| Play+ | Yes | Yes |
| Visa/Mastercard | Yes | No |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Electronic Transfer | Yes | No |
| PayNearMe | Yes | No |
| American Express | Yes | No |
| Discover | Yes | No |
| PayWithMyBank | Yes | Yes |
| Borgata Casino Cashier | Yes | Yes |
| Check by Mail | No | Yes |
Borgata NJ
Borgata is the sister site of BetMGM and supports the same banking methods as above.
PokerStars Casino NJ
New Jersey was the first state PokerStars relaunched in after Black Friday. The online poker giant opened its online casino there in March 2016. As you would expect from such a well-established brand, it offers a wide range of deposit and withdrawal methods.
| Payment Method | Deposits | Withdrawals |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| Visa | Yes | No |
| MasterCard | Yes | No |
| Play+ | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| PayNearMe | Yes | No |
| VanillaDirect | Yes | No |
| Resorts Casino Cage | Yes | Yes |
Pennsylvania
PA is the most populous state so far to have regulated online gaming. The first casinos went live there in 2019. By revenue, Pennsylvania is one of the biggest states for online gaming, alongside New Jersey and Michigan.
BetMGM PA
BetMGM PA launched in December 2020 and quickly established itself as one of the big players in the Keystone State. It offers a fair selection of banking methods although withdrawal options are somewhat limited.
| Payment Method | Deposit | Withdrawal |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| Visa/Mastercard | Yes | No |
| PayNearMe | Yes | No |
| Discover | Yes | No |
| PayWithMyBank | Yes | Yes |
| Electronic Transfer | Yes | No |
| Mlife Mastercard | Yes | No |
Borgata PA
Borgata is a very recent addition to Pennsylvania’s roster of online casinos. The site went live in February 2021. It has a good choice of payment methods, as listed below.
| Payment Method | Deposit | Withdrawal |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| Visa/Mastercard | Yes | No |
| Play+ | Yes | No |
| Paypal | Yes | No |
| PayNearMe | Yes | No |
| Discover | Yes | No |
| PayWithMyBank | Yes | Yes |
| Electronic Transfer | Yes | No |
| Check by mail | No | Yes |
PokerStars Casino PA
Stars Casino launched in November 2019, along with its poker room and sportsbook. PokerStars has built up a rock-solid reputation over its 20 years and is one of the most trusted operators in the marketplace. It offers a great range of banking options for both deposits and withdrawals.
| Payment Method | Deposits | Withdrawals |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| Instant Bank Transfer | Yes | No |
| Visa | Yes | No |
| MasterCard | Yes | No |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| PayNearMe | Yes | No |
| VanillaDirect | Yes | No |
West Virginia
West Virginia has had regulated internet casinos since July 2020. It was the fourth state to legalize real money online gaming.
BetMGM WV was quick to launch in the state, opening its virtual doors in the first month of regulation. The options on offer are fairly standard for BetMGM, with decent options for getting funds on the site, but fewer for getting them off.
| Payment Method | Deposit | Withdrawal |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| Visa/Mastercard | Yes | No |
| PayNearMe | Yes | No |
| Discover | Yes | No |
| PayWithMyBank | Yes | Yes |
| Electronic Transfer | Yes | No |
BetRivers WV
BetRivers is the latest casino to live in West Virginia, launching in April 2021. It provides plenty of options for managing your funds.
| Method | Deposit | Withdrawal |
|---|---|---|
| Bank Transfer (ACH) | Yes | Yes |
| PayPal | Yes | No |
| BetRivers Play+ Card | Yes | Yes |
| Cash at Casino Cage | No | Yes |
| Credit/Debit Card | Yes | No |
| Pay With Cash (Vanilla) | Yes | No |
| Check by Mail | No | Yes |