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How should we fund our online gambling

By mr-gambling on 2012-10-31 11:40:12

When any of us start gambling online, whether we are gambling on sporting events or gambling at an online casino, we need to decide how we intend to fund our online gambling account. If you are one of the many who have got used to sports gambling at your local bookie with cash, Ireland is well served by both Ladbrokes and Paddy Power who will both allow us to fund online gambling accounts using cash at one of their high street shops. Clearly this is one of the best options if you have easy access to one of these shops and the time to do it, but most people who enjoy gambling online prefer to fund their gambling account from home. If we are shopping online we would naturally reach for a credit or debit card, but is that the best deposit option for online gambling. Here at, we have no doubt at all that using a credit card to fund online sports gambling or online casino gambling directly has many drawbacks and can be costly. Almost all the banks will automatically impose a charge of up to 2% on any transaction involving gambling, and such transactions will be considered in the same way as withdrawing cash from a cash machine and will be subject to interest charges from day one. Even a debit card may incur a transaction charge because it is associated with gambling. Fortunately there is another deposit option which satisfies most of the important criteria, and that is an e-wallet account. Anyone who has had experience of trading on e-bay will have come across Pay Pal, which is one of the most popular e-wallets in Ireland and is accepted as a deposit option at almost all the online casinos and online bookmakers. Using an e-wallet account to fund online gambling has a number of advantages over credit and debit cards. First and foremost is the fact that the bank does not know what the account is being used for and so cannot levy an additional charge, then there is the additional privacy element that the online gambling site operator has no access to your bank details. You can of course fund your e-wallet account using a credit card if you wish, although this is not to be recommended unless it is always paid off in full every month.