Online Casino Banking for Australians
For players to become engaged with online gambling, they must be able to make deposits and take withdrawals, and that involves an activity called "online casino banking." It is generally a simple process, because it is to the advantage of the operator to make it simple. So what are the various methods by which Australians can do their online casino banking and establish an account?
You can look at all the bells and whistles; all the bonuses and promotions; all the great games that an online casino has to offer, and none of it will mean a thing unless you can actually deposit your money into that casino and establish an account. And to go one step beyond that, it's all meaningless unless you will be able get your money OUT of that casino account when you want.
Australians obviously would like to do this kind of thing in rather seamless fashion. One of the ways it can be done is through a major credit card. Do you have a Visa? A MasterCard? Then you might be able to use it to fund an account. These transactions go through almost instantaneously, so that you can get into action right away. Hey, that's the way it is designed.
Bank transfers get that job done as well. To execute this kind of transaction, just go to your bank, or go online, and as long as you have the account number and other documentation that is necessary for the online casino you are sending to, you can get money from one place to another rather quickly. When we say "quickly," since it is not permissible for Australian-based entities to offer gambling services directly to Australian citizens, you would, as the customer, likely be sending the money out of the country, so delays may come along with these international transfers.
eChecks can be used with some online casinos as well. This shouldn't confuse you; just imagine filling out a check, just as you would do in your paper checkbook, but you are inserting the information online.
In using the above methods, you are required to surrender your banking information to the casino. Some folks don't like to do that, and certainly it's understandable. The alternative is to make use of an electronic wallet, which, in effect, is an electronic form of payment in which there is a "buffer" between yourself and the casino. Moneybookers (re-branded as Skrill) is one example of this. So is POLi, which is probably the leading payment method that is available to Australians. When establishing an account, you will give them your banking information, but they hold it confidential. All the online casino gets is the e-wallet account info.
As you can see, there are plenty of ways to become involved in online casino gambling if you are in Australia, so take advantage, and good luck.