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    The time for such transactions to complete can be outrageous, with a 2 to 4-week delay being common. Cash transfers using Western Union or MoneyGram are possible, also.

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    A number of safeguards exist in the industry. The job of a gaming commission is to assure an operator is honest and legit. Gaming commission auditors need to check a system for the advancement of its security systems.

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    Justice Department under Barack Obama interprets that to mean online sportsbooks are illegal, but online casinos and poker sites are legal.

    Mobile casinos fall under the same interpretation of the law. That means federal authorities do not ban online casinos at the present, but the state and local governments might ban iGaming.

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    The same can be said in other countries. For instance, the national government in Canada allows online gambling , but the provinces and territories have their own laws.

    The City of Markham in Ontario has a law against online gambling. In Australia and Germany, federal and state laws overlap, creating a complicated legal system similar to the United States though less complicated.

    Besides legality, many people wonder whether online casino gambling is safe. If you play at an offshore site which is illegal in your jurisdiction, this is a special concern.

    Because sites might be legal elsewhere in the world, many of those casinos are still legitimate businesses that can be verified.

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    Online and mobile casinos make it as easy as possible for real money gamblers to make deposits. The only real restriction is from the processor because some financial institutions do not want to be involved in gambling.

    They are the two most common payment options. These are allowed at thousands of casinos and is available in over countries worldwide.

    This credit card brand is accepted at hundreds of the available online casinos for real money, but some may not have it listed as an option.

    Is another payment method at some websites, but Amex tends to avoid gambling. Your real money online casino selection will be fewer than the rest of the credit card options, but you will still be able to find casinos that accept American Express credit cards.

    The advantage of credit cards is you can trigger rewards in two ways: Debit cards and other prepaid options are preferred at many of the online real money casino sites these days.

    Some casinos even offer special bonuses for prepaid deposits. Regional options are supported on some sites.

    Web wallets are money transfer sites which process and store electronic cash. There are dozens of these processors, many of which are used as international payment methods.

    Not as many of these options exist for American players because the U. PayPal is not available at many offshore sites though it now supports New Jersey online casinos.

    PayPal is a preferred method by many Americans in the few locations which allow licensed gambling, because many have PayPal accounts due to its affiliation with eBay.

    There are too many to list, but the most popular services players can use when playing at real money online casinos include:. Wire transfer companies like Western Union and MoneyGram can be used to fund an online casino for real money account.

    These methods are also useful for withdrawals, as they can be used by most players that live near one of them. Bank wire transfers is a safe method of depositing cash, but may take longer than some of the other real money online casino banking deposit methods.

    We will discuss these more later on when we talk about withdrawals. This is a secure, instantaneous method of getting money directly from your bank account to your online casino account.

    An eCheck works much like a standard written check would, except it is handled electronically. Like the bank wire transfer, it is a popular, because it is so secure.

    New Jersey does not have as many payment methods as the international sites, but the methods offered are reliable. Withdrawals are a bit more time-consuming and restricted than deposits because they require players submit proof of identity.

    Security is the main reason cashouts take more time. Below is a list of the basic services uses to make casino withdrawals. I offer a basic concept of the cash out time and fees associated with each service.

    They are web wallets, bank check, cash transfers, and bank transfers. Web wallets are fast, but they require significant fees from the processor.

    Gamblers who want to take advantage of the much-advertised 12 to hour withdrawal processes should use an eWallet. As long as you make only an occasional withdrawal, then the bank check is a perfectly accepted payment method.

    In fact, it might be best if you do not mind slow processing time. Most sites allow 1 free payout every month through a service like this.

    The time for such transactions to complete can be outrageous, with a 2 to 4-week delay being common. Cash transfers using Western Union or MoneyGram are possible, also.

    These payments are fast, but not offered at every casino. This withdrawal method involves fees. Also, you need a Western Union or MoneyGram physical location in your city.

    With so much money involved, security is a major concern for everyone involved. One of the chief reasons a gambler needs to choose a trustworthy casino is the safety and security of payments.

    A number of safeguards exist in the industry. The job of a gaming commission is to assure an operator is honest and legit. Gaming commission auditors need to check a system for the advancement of its security systems.

    To a certain degree, the Internet gaming industry is self-regulating. If a website does a poor job of handling money, its reputation suffers and fewer players sign up at the site.

    Eventually, this leads to the site going out of business. Make certain gambling for real money is legal in your location.

    In the United States, this means checking on the state and local levels. Justice Department under Barack Obama interprets that to mean online sportsbooks are illegal, but online casinos and poker sites are legal.

    Mobile casinos fall under the same interpretation of the law. That means federal authorities do not ban online casinos at the present, but the state and local governments might ban iGaming.

    Look at state laws to see if playing for real cash is legal. New Jersey, Nevada, and Delaware have legalized, regulated, and licensed casinos.

    California and Pennsylvania lawmakers are both seeking to legalize online gambling, but both states might allow online poker only.

    A handful of other states has discussed legalization since federal policies changed in Most states ban online gambling.

    In the United States, no gambler has ever been prosecuted for online casino betting. Know what the local laws in your region are, to avoid such inconveniences.

    The same can be said in other countries. For instance, the national government in Canada allows online gambling , but the provinces and territories have their own laws.

    The City of Markham in Ontario has a law against online gambling. In Australia and Germany, federal and state laws overlap, creating a complicated legal system similar to the United States though less complicated.

    Besides legality, many people wonder whether online casino gambling is safe. If you play at an offshore site which is illegal in your jurisdiction, this is a special concern.

    Because sites might be legal elsewhere in the world, many of those casinos are still legitimate businesses that can be verified.

    Gaming commissions license certain sites as a safe and secure. A number of gaming commissions worldwide specialize in such verification: When one of these agencies has licensed a site, it confers a certain legitimacy on it.

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