Arabic casino

Deposit Methods for Online Betting which Arab Players can use

Whether you’re looking to place sports bets or play online casinos, you’ll always need a reliable method of depositing (and withdrawing your winnings). You can choose one or multiple payment systems that are accepted by online casino and betting sites for Arab players

At Arabic casino we have chosen only some of the main payment methods, like: PayPal, NETELLER, Skrill … etc. because listing all of them would make the list too long. In this blog post you will find only the most important ones listed. Our main focus was on: the cost, security as the main criteria and the ease of transaction. 

1) PayPal 

PayPal is currently the most popular globally and at many Arabic online casino sites.  The number of betting sites that do not accept it is close to none. PayPal offers secure, fast and safe transactions for Arabic players, both to deposit funds and to withdraw them. Also, it’s good to know that PayPal doesn’t share any banking information related to its owner with the online casino during the transactions.

paypal-logo

Advantages

  • Fast and Secure 
  • Simple to use 
  • No sharing bank details with the bookmaker 
  • Fast withdrawals (less than 24 hours) 

Disadvantages

  • Service fees 

2) Neteller

Neteller established in the year 1999,  is an e-wallet with which you can collect and spend money online. Now a days it is a popular method of payment in most online betting sites. It is the e-wallet of choice for most online sports betting and casino websites in Arab countries  

To use Neteller at online bookmakers, you just need to deposit funds into your Neteller account from your bank, and select it as your payment method on the betting website of your choice. It’s easy, quick and safe. 

Neteller-Logo

Advantages

  • Easy to use 
  • Does not require any additional software 
  • Neteller has been around for a couple of years and has become a fully trusted company 
  • Offered by a large number of major online bookmakers.

Disadvantages

  • A commission (2.5%) may apply 
  • Some bookmakers restrict promotions and welcome bonuses for players who deposit with Neteller 
  • Permanent address is a must in a NETELLER-serviced country. 

3) Skrill

Are you blown away by the large number of Skrill online casinos and bookmakers that accept players from all over the Middle East? Skrill (Moneybookers) is similar to Neteller, it is also an e-wallet that works similarly. All you need to do is to fill in some basic personal information and choose the currency. So, convenience and speed make this e-wallet a popular choice. 

Skrill-logo

Advantages

  • It is a safe method 
  • You do not have to leave your bank details at the bookmaker 
  • fast payments 

Disadvantages

  • A commission (1-2%) may apply 
  • First deposits via Skrill are often invalid for welcome bonuses

4) Debit and Credit cards

debit-cards

A card as a payment method is the most direct and the fastest method for depositing or withdrawing funds from the online bookmaker. Most sites accept Visa or Mastercard. Some also accept Maestro and Diners. You need to keep in mind all your transactions go directly through your bank account, so they can be traced easily. 

Visa

Most accepted payment method around the world and the safest. Top-notch customer support will make sure to sort out any issues efficiently. 

Visa-Logo

MasterCard

Instant deposit on board and offered at most online casinos and sports betting sites. Mastercard ID will protect your banking details from cyber thieves. 

MasterCard-Logo-orange-final

Advantages

  • Speed of transactions. 
  • Trust and availability. 
  • Cost: fees are rarely charged. 

Disadvantages

  • Hackers stealing 
  • Withdrawals can take couple of business days to complete 
  • Not all banks will allow payments by Visa cards for transactions dealing with online gambling. 

5) Cryptocurrencies

cryptocurrencies

The trend of cryptocurrencies has been rising in recent years. Especially amongst players at online casinos. Playing with virtual cash gives you more anonymity. Quicker transfers help in withdrawing the winnings faster than a regular e-wallet. 

Some of the cryptocurrencies that are usually offered by the online crypto casinos and bookmakers are: Ethereum (ETC), Litecoin (LTC), Monero (XMR) and Bitcoin (BTC) being the most popular choice. 

Bitcoin

Bitcoin offers maximum security due to the fact that it is a decentralized currency. That will ensure that your transactions at any online casino or bookmaker are virtually untraceable. Most online casinos and bookmakers don’t charge for Bitcoin transactions. Just to be sure, it’s a good idea to check if any fee will be applied when moving digital currencies out of your wallet. 

Bitcoin-Logo

Advantages

  • Anonymity 
  • Tax free 
  • Instant Withdrawals 
  • No deposit or withdrawal fees 

Disadvantages

  • Crypto casinos do not need a license to provide cryptocurrency payments 
  • Cryptocurrencies are accepted at fewer online casinos