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Banking at Australian Gambling Sites
When it comes to making deposits at online gambling sites, Australia has it relatively easy. Unlike nations like the United States, where there are restrictions on how banks can process online gambling transactions, there are no laws restricting the flow of money to or from internet gambling websites in Australia.
This means that Aussie gamblers can choose from a wide variety of banking options every time they play. If you've found a banking method that works for you, you can even start playing at one of our recommended Australian gambling sites today!
Each method of making deposits at an online gambling site has its own set of advantages, disadvantages and peculiarities. Here's a look at some of the most common Australian deposit methods and what you can expect when using each one.
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Visa
A Visa-branded credit or debit card is a great way to make a deposit at any online gambling site. These deposits are easy to make (you'll just need your card information), can be processed instantaneously, and don't require any special memberships or accounts in order to complete. Since every bank that issues Visa cards can set their own rules for gambling deposits, it's possible that online gambling transactions could be blocked, but this is rare in Australia.
MasterCard
MasterCard deposits are very similar to those made with Visa cards, and once again can be made with any MasterCard-branded credit or debit card. The advantages and disadvantages are exactly the same, as once again, individual banks can set their own policies as to whether or not to process online gambling deposits. Like with Visa cards, most MasterCard deposits are accepted in Australia.
Other Credit Cards
Other credit cards, such as American Express cards, are less likely to be accepted for online gambling. AMEX generally rejects online gambling deposits, for instance. However, some sites try to work around these restrictions, so you may occasionally see other credit cards offered as a deposit option.
Neteller
Neteller is one of the top e-wallet solutions for online gambling, and can be a great way to manage multiple online gambling accounts. In order to use this method, you'll need to open a Neteller account and then fund it by linking it to a credit card, bank account, or some other funding device.
That will allow you to place money in your Neteller "wallet," from which you can fund your online gambling accounts. Neteller can also be used to process withdrawals from gambling sites, making it a great all-in-one solution.
Skrill (Moneybookers)
Skrill, which was formerly known as Moneybookers, is another popular online e-wallet that works similarly to Neteller. If Skrill has one small advantage over Neteller, it is that it has something of a presence outside of the world of gambling, so your Skrill funds can potentially be used for online purchases at other sites as well. Again, most sites will allow you to make both deposits and withdrawals through your Skrill account.
POLi
POLi Payments is a program that allows you to make deposits directly from your bank's online banking interface - the same one you use to pay bills or transfer money between your accounts. Most major Australian and New Zealand banks participate in POLi, meaning that you can likely make a deposit in the same secure environment that you do all of your online banking, allowing you to instantly fund your account without any concerns about safety.