Visa Real Money Casinos

Visa: Everywhere American Gamblers Need Them to Be

It’s true.

We haven’t found an online casino that doesn’t accept Visa. And that’s a good thing, because Americans need as many deposit options as they can get their hands on.

Who the Heck is Visa?

Visa is multibillion dollar company that provides banks and credit unions with branded debit and credit cards. They own nearly 40% of the credit card market, and a bit more than 60% of the debit card market.

They don’t issue the cards themselves, though, nor do they extend credit. That’s all up to your bank.

But they do process the transactions that you and I make. In fact, in 2009 they processed more than $4.4 trillion over 62 billion transactions.

Chances are that you’ve seen Visa before. Either from a commercial on TV, in the window of your favorite restaurant, or from offers you receive in the mail.

Maybe you already have a Visa in your wallet. In that case, you’d have the best deposit option for American gamblers.

American Express Casinos

Visa is the Best Option for Online Gaming.

Here’s why:

  • Visa is accepted at more casinos than MasterCard and American Express.
  • They have high acceptance rates (compared to non-plastic banking methods).
  • Credit / debit cards are convenient. Just punch in a couple of numbers and you’re done.
  • They’re fast, too. You’ll know within a couple of minutes if your deposit will go through.
  • There are no fees (unless your bank charges one).
  • Visa can be used in many ways, including paying for money transfers, in person deposits, apps and more. You’re not limited to just online casinos.

 

Are there downsides?

Yeah. The biggest downside to Visa is that you cannot use it for withdrawals. You’ll have to use one of the following options instead:

  • Wire Transfer
  • Paper Check
  • Money Transfer
  • Person-to-Person – Then that person can withdrawal and ship you the funds.
  • E-Wallet – For legal states only.

 

Lots of Plastic Options, Underneath One Roof

One thing to like about Visa are all the options. You’re not just limited to debit cards, or credit cards – you can use them all.

Credit Card – These are issued based on your credit worthiness. For the best rates I recommend you talk to your bank or credit union.

Note: I don’t recommend carrying a credit card balance for your online gambling. Chances are that you’re going to take a loss playing anyway (more often than not). There’s no reason to compound your expenses with compounded interest, too.

Debit Card – Unless you’re a cash only type of guy, you already have one of these. You’re issued one when you open up a checking / savings account.

Prepaid Cards – You can also use Visa prepaid or gift cards to fund your casino account. You can buy these from any store in the US (Safeway, Texaco, Rite-Aid, Walgreens, Wal-Mart, etc).

Making Your Deposit & Banking Limitations

Making your deposit will be quick and easy. Here’s how you do it:

  • Grab your card, then log into the casino.
  • Click the cashier. Find the Visa logo and click on that.
  • Enter your card number, expiration date and 3-digit code on the back.
  • Enter how much you want to deposit.
  • Click submit.

 

You should know within a couple of minutes if your deposit was approved. Your money will be available immediately after.

When making your deposit you’ll want to keep in mind that most casinos have daily and monthly limits.

For example, most casinos will have a minimum of $10 to $50. Maximums will vary from $500 to $1,000 per day, and monthly limits will vary between $5 and $10,000. Sometimes you can have these limits raised – you just need to contact support.

Beware that your bank may have limits on how much you spend daily/monthly, too. For example, I have a maximum spend of $1,500 per day. If your limit is too low, you might contact your bank prior to making your deposit.

Wow! Problems With Visa, Even in Legal States

One last thing. If you’re in one of the legal states (Nevada, New Jersey or Delaware), you might’ve ran into a situation where your Visa was declined.

Just know that it’s not Visa declining the transaction – it’s the banks. Even though the laws have been passed to legalize online gambling, many banks, including Bank of America and Wells Fargo, have decided to continue banning transactions for the time being. It’s hard to say whether this is a moral stand, or it’s because uneducated and fearful of breaking the law (UIGEA).

If this has been a problem for you, the best thing you can do is contact the casino. They’ve dealt with this multiple times, and will either be able to run your card manually, or tell you the best alternative banking method to use.