Casino Payments & WithdrawalsAmericans who are interested in doing business with an online casino will need a way to transfer their money from their banks or credit cards to the casino. Thankfully, most online casinos offer players several payment and withdrawal options from which to choose.
Online Gambling in America
Though online gambling was a huge hit in the United States after its introduction in the mid-1990s, it was made illegal in 2006 due to the inability of the government to successfully impart taxes and levies on the players and casino owners. Though an American citizen has never been jailed for online gambling, online casinos worldwide are strictly forbidden to do business with American banking and financial institutions; harsh fines and penalties may apply. Thankfully, there are still several avenues available for American players who are interested in real-cash online casinos.
Credit Cards and Bank Transfers
The majority of the credit card companies and banks in the United States are tied to huge corporations that simply cannot become affiliated with overseas online casinos. Because of this, the majority of the online casinos have decided to simply restrict American players in order to avoid fees and penalties. However, there are still a few casinos that accept American players with open arms, and they offer a variety of payment options outside of credit cards and bank transfers.
Some of the payment options that are still available to Americans include:
Solid - A prepaid debit card that provides the user with the convenience of a credit card and the flexibility to use it at any number of online casinos that still accept American players.
eWalletXpress - An electronic payment method that is great for making online purchases as well as for funding online casino accounts. American players may choose to load funds to their eWalletXpress accounts without using the traditional means.
Wire Transfer - This involves sending money from an American account to an overseas account and then using the funds to make deposits into casino accounts.
Though online gambling has been basically eradicated in the US, there are plenty of ways for interested gamers to create and fund their accounts; avoiding credit cards and ties to checking accounts is the key.