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Check Deposits Though it may sound a bit antiquated, you are still able to mail a check as a form of deposit at most casinos. This is a fine way to deposit, however by the time the online casino receives and processes your check such that funds will be available to play with, you may have been forced to wait days or even weeks. As modern day technology continues to advance rapidly, mailed checks are going to become a thing of the past. E-Wallet Deposits Depending on where you reside, depositing at an online casino via an e-wallet such as PayPal or Skrill is a convenient way to begin playing quickly. One advantage that e-wallets hold over depositing with a credit or debit card is the fact that they require you to give the online casino almost no personal information whatsoever.

Because you have the protection of the e-wallet, not only is it easy to get your money back in the event of unforeseen problems, it is also much safer in that you do not have to give out any personal information at all. Unfortunately, e-wallet deposits are not available everywhere. Are there fees associated with online casino deposit methods? Yes, in almost every instance an online casino will attempt to make money off of you for having facilitated your deposit. Some online casinos do well to hide how much they charge you per deposit, so it would behoove you to discover this information before ever trying to fund an online player account. Still, like was stated earlier, most sites nowadays do their best to be as transparent as possible, so they will often make it very clear how much the fee associated with a given method of deposit is. This particular act made it increasingly difficult for players to play real money casino games online.

Now, the Federal government made it wholly illegal for banking institutions to deal with internet gambling monies. In the immediate wake of the passing of UIGEA, many online casinos that previously offered their services to people in the US announced that they would be suspending these services. Now, an industry that consisted of a seemingly endless quantity of online casinos was whittled down to its bare bones. Despite the UIGEA, real money casinos for US players still existed and still existed in such a way that players never had to worry about criminal prosecution for having gambled online. Though it seems like the US has done nothing but prosecute the online casino industry, the online casino industry has persevered time and time again. With every new piece of legislation that passes, online casinos are thinking of new ways to make their operations legal. As it stands now, there are hundreds of online casinos that people everywhere in the United States can play at.

In addition, a handful of states have made it legal to gamble online within their specific borders. This is a trend that is just beginning to pick up momentum. Statistical Analysis of Online Gambling Revenue in US The relatively new online gambling market in the United States completed its third full year of operations in 2016. The US regulated iGaming market is comprised of three state jurisdictions where online gambling is legal at the present time Nevada , New Jersey and Delaware. Of the 3 states, New Jersey has accounted for more than 90 percent of iGaming revenue in the United States. Although online casino gaming is also permitted in Delaware, it is a considerably smaller state. For the year as a whole, iGaming revenue in 2015 was up 19.

In 2016, the organic growth witnessed in 2015 continued and online gambling revenue increased by 24. In contrast land-based gambling revenue in the US during the same period has been flat. That forecast includes all online casino and online betting activity within the United States. The main reason so many players are making the move to Bitcoin, is the speed of the transactions. This is especially important in countries like the US, where payments can be slow. For example, a casino like Slots. The other thing people like about Bitcoin, is that it is anonymous. Some players like to keep their personal details like bank accounts private and prefer that companies like casinos don't have access to them. Bitcoin is a perfect currency to use for players who like to keep their privacy.

Making your first cash-out usually takes a bit of effort, but after that it becomes much easier. This is because your first cash-out will almost certainly involve an ID check. An ID check helps the casino make sure that is really is you and not someone trying to steal your funds. The security checks when you cash out are for your protection, as a player. The best online casinos like Slots. After your first withdrawal, the subsequent cash-outs should be much easier and quicker. LV and Sloto'Cash are able to pay players relatively quickly 1-3 days compared to less well-established brands where it could take weeks, or months if the winnings are significant. However, some of the best US casinos have stopped paying players through VISA, or direct money transfer to bank accounts, because there are better ways cheaper and faster ways to do it now.

Using e-wallets or Bitcoin to cash-out are much more reliable. Using e-Wallets to Cash-out from US Online Casinos Using e-wallets is now the preferred method to transfer money to and from online casinos. Separating the process from your bank account creates an extra layer of safety and security, and importantly, you get much faster processing of payments. The most popular e-wallets for cash-outs are Skrill Moneybookers , Eco-payz and Neteller. Out of these, it is Skrill that is preferred for USA players, by casinos like Sloto'Cash [ back to top ] Using Bitcoin to Cash-out from US Online Casinos Over the past couple of years, Bitcoin has turned out to be a fantastic way to cash-out your winnings quickly and easily. Bitcoin payments can go through very quickly - once you have the account up and running, it works like a charm. We have heard reports that one USA casino Slots.

LV is giving players 'near instant' payouts when they use Bitcoin. Bitcoin payments can go through very quickly - once you have the account up and running, it works. We have heard reports that Slots.

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Some players like to keep their personal details like bank accounts private and prefer that companies like casinos don't have access to them. Bitcoin is a perfect currency to use for players who like to keep their privacy. Making your first cash-out usually takes a bit of effort, but after that it becomes much easier. This is because your first cash-out will almost certainly involve an ID check. An ID check helps the casino make sure that is really is you and not someone trying to steal your funds. The security checks when you cash out are for your protection, as a player. The best online casinos like Slots. After your first withdrawal, the subsequent cash-outs should be much easier and quicker. LV and Sloto'Cash are able to pay players relatively quickly 1-3 days compared to less well-established brands where it could take weeks, or months if the winnings are significant.

However, some of the best US casinos have stopped paying players through VISA, or direct money transfer to bank accounts, because there are better ways cheaper and faster ways to do it now. Using e-wallets or Bitcoin to cash-out are much more reliable. Using e-Wallets to Cash-out from US Online Casinos Using e-wallets is now the preferred method to transfer money to and from online casinos. Separating the process from your bank account creates an extra layer of safety and security, and importantly, you get much faster processing of payments. The US regulated iGaming market is comprised of three state jurisdictions where online gambling is legal at the present time Nevada , New Jersey and Delaware. Of the 3 states, New Jersey has accounted for more than 90 percent of iGaming revenue in the United States. Although online casino gaming is also permitted in Delaware, it is a considerably smaller state.

For the year as a whole, iGaming revenue in 2015 was up 19. In 2016, the organic growth witnessed in 2015 continued and online gambling revenue increased by 24. In contrast land-based gambling revenue in the US during the same period has been flat. That forecast includes all online casino and online betting activity within the United States. Morgan Stanley Research The fact that these online casino websites appeal to a younger demographic is the main reason why the online gambling market in the US is predicted to get bigger, and real-money gambling transactions in regulated iGaming markets are expected to be processed more efficiently. Additionally, other states including Pennsylvania are considering legalizing online gambling in 2017. At any given point in time, there are a few measures in state governments who have the goal of establishing an online casino industry. So far, these efforts have been met with limited success. To aptly answer this question, we cannot give a solid answer.

While there is a good chance more online casinos will be legalized and regulated, the process to make this happen is a slow and arduous one. Will I get in trouble for making deposits at an online casino? It is always important to check your local laws before ever playing at an online casino, but the fact of the matter is that no one has ever been arrested nor prosecuted for depositing real money at an online casino. Are cashouts processed slowly? Because cashouts from online casinos in the US are a bit different than they are in other parts of the world, you might have a few questions. With regard to speed, online casino withdrawals are processed at different speeds at different online casinos. Being that mailed check is still the best option for a withdrawal, it is safe to say that most withdrawal will take at least a week in order to process and be put in the mail.

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Author: Jonathan Fan

Communications Planning Director at PHD, San Francisco, California.