Although some gambling websites have no deposit bonuses, you will have to add money to your account if you want to try out everything that the given operator offers. That’s why we decided to share ten interesting facts about the different payment options that you may not know.
Some betting websites do not have a lot of deposit and withdrawal methods
Nowadays, most operators try to include various payment options so that customers can have more things to choose from. Sadly, some brands have not updated their banking options for a while. This means that you won’t be able to use as many options as you may think.
The minimum deposit requirement will usually depend on which option you choose
One of the things you have to check before making a deposit is the minimum requirement. Don’t be surprised when you discover that some options require more money than others.
Most gambling websites do not require their customers to make significant deposits.
If you check out the numerous betting operators on this site (EB), you will see that most of them have a pretty standard minimum deposit condition. Of course, this doesn’t mean that you can’t add more money to your account if you want to.
Cryptocurrencies are becoming more and more popular
One of the payment methods that we expect to see a lot more often in the future is cryptocurrencies. Nowadays, there are numerous options, but most sites focus on Ethereum, Bitcoin, and Litecoin.
You probably won’t be able to make a refund
Regardless of which betting website you choose, once the deposit transaction is complete, you probably won’t be able to make a refund. So, think carefully about whether you want to bet online and how much money you want to deposit.
Some deposit methods are instant
One of the reasons why some people like to bet online is because of the fast processing time. That’s why most gambling websites allow their customers to make instant transactions.
Sometimes, there are additional fees
Even though no one likes paying fees, some betting websites have not figured out how to remove them. As a result, customers may have to pay a small fee on each deposit/withdrawal. Check the T&C of each gambling site if you need more information about this process.
If you want to withdraw your winnings, you will probably have to wait
Unlike most deposit options that will allow you to instantly top-up your account, you will probably have to wait for at least a few hours before receiving your winnings. That’s because most bookies handle the withdrawal requests manually.
Sometimes, you need a promo code for some deposit options
Bonus codes are a popular way for online casinos to advertise their bonuses. However, some brands might require you to use a specific code before you make a deposit.
Most banking methods have a limit
The last thing that you should know about the different options is that they will probably limit how much money you can add/withdraw to/from your account.