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Exploring the Different Online Casino Funding Methods

One of the many ways through which online casinos endeavour to draw in that critical mass to turn them into full-scale, independent online business is indeed through the special offers they make available. Online gambling sites are always posting new deals that they have on in order to draw you into the website. Even those that believe they are the die besten online casino (the best online casino) still promote deals to gain customers. It’s perhaps a lesson in marketing any iteration of a financial services provider can learn a lot from in that it’s all about getting as many people involved as possible, perhaps foregoing immediate profits which will inevitably come right back in future when the critical mass has been reached.

What does all of this mean for you as a gambler though? Well it means that you can be in to benefit from what is essentially some free money floating around, albeit money which you probably have to match in order to get it. By this I mean that you’d probably have to first make some sort of deposit on any one of the many online gambling platforms which are emerging in order to quality for your bonus, a bonus which is often matched by up to 100% by the online casino operator. So if you perhaps deposited €150 to fund your online gaming account on a specific online casino platform for example, it’s not uncommon for that operator to match your deposit by giving you a bonus that is equal to your deposit.

So for a mere €150 you can have up to €300 in your account to take a chance with.

Since the focus of this post is on the actual funding methods however, I have to make the connection with exactly why online casinos give welcome bonuses before I actually get into the actual payment methods. So basically since online casino accounts funded through any one or more of the payment processing merchants they use are essentially high transactional volume based, the transaction fees charged to these online casino platforms are markedly reduced.

Online casino platforms then typically pass those savings in fees on to their guests in the form of welcome bonuses and other ways through which to reward their clients with free credits.

It goes a little further than that however if you consider the likes of the Bitstarz welcome bonus because with online casino platforms such as this particular one, the signup bonuses and other special promo credits offered aren’t really funded from the platform’s savings on transaction fees. These are some welcome bonuses that come from the sheer volume of existing players playing on the platform, which is a sign of a healthy online casino platform. What’s more is they offer this bonus no matter how you fund your online casino purse, including through:

  • Visa
  • MasterCard
  • Maestro
  • Bitcoin
  • Skrill
  • Neteller
  • PaySafeCard
  • Cubits
  • Trustly
  • Zimpler
  • Wire Card
  • Bank Transfer
  • Wire Transfer

Assuming you actually are into online gambling for the mere fun of it or if you go beyond just taking the occasional chance at winning big, it really helps to be able to use a wide variety of payment processing mechanisms, particularly if you want to save on transaction fees yourself. It also means you get your welcome bonus no matter which payment processing method you use.