In order to play at gambling site, you need to deposit funds. To do that you need a payment method that you have and the betting operator must accept. Many methods can be used for both, deposits and withdrawals but not all. Here we will discuss the most popular banking methods for gambling in the United Kingdom. Some of them you have in your wallet right now.
Cards (Debit and Credit)
For lack of a better word, debit and credit cards are the most popular payment method in the United Kingdom when it comes to online gambling. It is better to use only proven operators like NonGamStopSlots sites because it will help you to avoid troubles with deposits and the withdrawal process. Most people have a card or two of this kind in their wallet and they use it for all kinds of purchases. Depositing the funds can be one of those purchases.
Another thing you need to know is that almost all casinos accept cards of this kind. It is almost impossible to find a casino that doesn’t support this method. Debit cards were one of the first methods accepted by online casinos so you can deduce that even today they are still the most popular and the most common.
Try to remember that credit cards cannot be used in UKGC gambling operators. However, UK players can play games at casinos that are not paired with a UKGC license, hence there they can use all credit cards they like. UKGC betting sites accept debit cards still.
An additional reason why cards are so popular is the withdrawal option. Almost all casinos support cards for withdrawals and they are reasonably fast. You can have your winnings in your account within a single day. Ut, in many cases you will have to wait 1-3 days.
Pre-Paid Cards
This is an interesting option. One of the main advantages is the stealth mode. You can purchase this card, the example here is the Paysafe card and use it to deposit the funds on the card to the casino. These come in various values so you can always choose the one you are the most comfortable with.
In order to use the card, you will have to enter the PIN number that is linked to that card. The main advantage is that you don’t have to share personal details and debit/credit card numbers online. For some players, this is a huge advantage and even a mandatory one. A Paysafe card is just one of the options you have. All of them work in the same way and all of them are very secure and safe. In addition, you can use these for all kinds of online shopping, usage, and more.
E-Wallets
UK gamblers have countless e-wallet options they can use. Some examples are Skrill, Neteller, PayPal and so much more. Although some payment options like PayPal have some limits, a good thing is that UK players can use almost all global e-wallets. The deposits are instant and free of charge. You can use certain e-wallets that are almost completely focused on gambling such as Skrill and Neteller.
Withdrawals are almost always possible as well. The best part here is the speed. You can withdraw your funds and get the money to your e-wallet within hours. Some online casinos can complete this within 2 hours.
Bank Wire Transfer
It was the first payment method at online casinos and it is still one of the best. The deposits are instant and they are very reliable and secure. You don’t need to use any additional provider, company, or anything similar. You will deposit funds from your bank account directly to the casino and you are done.
Yes, you can use this payment method for withdrawals as well. But these are not fast. In some cases, you may have to wait up to 10 days. However, we can see that many online casinos are now speeding up the process so the time can be the same as when using debit cards. Once again, you can see that there is no medium or another step included. The money will be deposited into your bank account directly and you can withdraw it using ATM or use it via a debit card.
Cryptocurrencies
Cryptocurrencies are not the most popular payment method in the United Kingdom but they are one of the best. They are also the safest method out there and the one that can give you the most impressive bonuses and promotions. We also liked the fact you can use many, different cryptocurrencies you like and each one has its perks.
You can deposit and withdraw funds using cryptocurrencies. There are a lot of options and you can always enjoy the speed. First of all, withdrawals are the fastest out there. You are looking at minutes and with most withdrawals, you can get your money to the account within 5 minutes. There are no data or details related to your transactions. If you want the most secure and 100% anonymous methods, cryptocurrencies are the only option. They are safe and you can even trade them in order to make even more profit.
The Final Word
Gamblers from the United Kingdom can use all kinds of payment methods at online casinos. But these ones are still the most popular and the most beneficial. However, now all options are available for users who do not want to share their identities, but regular providers that require verification usually support all of them. All of these are simple to use, come paired with bonuses and offer a lot. Your only mission is to choose the one you like most and use it right now.
