Online Casino Payment Safety

Published: 02.02.2023

Staying safe is of the utmost importance while gambling online. That much is a given, and it should be clear to anyone interested in the hobby. However, there are things to consider whenever you’re wondering if payments to online casinos are safe. Making sure our readers are secure is a high priority for us at CasinoPaymentsOptions, so we’ll give you some safety tips.

Staying safe with payments to online casinos has two major factors. One is on the player side – it involves your online payment method, how you use it, and what you’re doing to keep your personal information private. The other is on the casino’s end, and it involves making sure the online casino you use is safe and legit.

In this article, we’ll look at casino safety from both angles – the payment options and the casinos themselves.

Are Online Casinos Safe? Getting Started With Safe Gambling

Yes, if you know what you’re doing, online gambling is perfectly safe. Your money will only disappear if you lose your bets, and your personal data can be kept personal. However, whenever the internet gets involved with real-life money, it pays to be extra careful. You are the one you can trust the most, after all. This means that secure online gaming depends on you taking the necessary precautions.

Consider the fact that the majority of cybersecurity breaches in the globe are due to human error. To translate, it means that someone somewhere made a mistake. Perhaps they trusted someone they shouldn’t have, or maybe a moment of carelessness brought about big consequences. Our point is that no matter how advanced safety measures and systems are, you will always have to be careful.

Before looking for safe online casinos, we should stop and consider our payment method. It’s our first and last point of contact with online gambling sites, after all.

Safe Casino Payment Methods

Generally speaking, online payment services put a high priority on security. That shouldn’t come as a surprise – quick and safe money transfers are what online payment methods are all about, after all. However, it is important that you’re familiar with the characteristics and safety measures of your chosen payment option.

Let’s examine why through a few examples.

For instance, let’s consider e-wallets. They are some of the most popular ways of making online payments. One of their main advantages is the fact that they act as a “buffer” between your bank account and the venues you’re paying. Even if the security of the e-wallet itself is breached, your bank account won’t be in danger. However, e-wallets are not in the same position as banks to combat abuse and recover lost funds.

As another example, cryptocurrencies are rising as some of the most-used payment methods in casinos online. They’re decentralized and all transactions are closely guarded, which makes crypto payments extremely safe. However, your crypto wallet has very little in the way of recovering lost coins or accounts. If your crypto wallet’s security is breached or you lose access to the necessary login info, you can pretty much say goodbye to whatever you had in it.

Those are just some quick instances of the pros and cons of casino payment method safety. Our point is that you need to be familiar with the ins and outs of the service you’re using to make money transfers. If you need help with that, you can always check out our casino payment method reviews. Furthermore, our introduction to various payment options covers security as well. All of these can offer insight and guidelines about popular payment options at online casinos.

Casino Payment Safety Tips

Regardless of your chosen casino deposit and withdrawal method, there are some tips and best practices to use while paying online. Following the advice below is almost always a good idea.

  1. Avoid fraudulent payment methods – A casino is more likely to be shady than a payment method, but it still pays to do your homework. Look up info on any method you’re using before depositing any money.
  2. Avoid public networks – If at all possible, avoid connections such as public wi-fi. They are much more prone to cyberattacks and safety risks.
  3. Use a strong password and keep it safe – If your chosen payment method requires a login, never share the password with anyone,
  4. Use two-factor authentication – For e-wallets and similar services, this involves connecting your phone or otherwise something other than a password. Similarly, many card payments these days require confirmation through an SMS code or a similar process. Take advantage of such features.
  5. Avoid saving card or login information – Saving card information or account credentials on your browser can be tempting. It sure makes life easier, too. However, doing so poses a certain safety risk. Besides, you may end up losing access in the future if you don’t remember such details yourself.
  6. Keep your device clean – Use firewalls, anti-virus software, and other such safety measures. Otherwise, your device may be affected by keyloggers or other such malicious software.
  7. Know what to do in case of a breach – For instance, you should know at all times how to disable your bank card as quickly as possible. The same goes for all other casino payment options. In the event of a security issue, you need to be able to minimize the damage in an instant.

Safe Online Casinos

Now that we have a basic understanding of safe payment methods for casinos, it’s time to move on to the sites themselves.

Every online casino under the sun claims to be secure. It’s safe to say that this is true in a lot of cases. All of the sites we promote and review on CasinoPaymentOptions are tried and true – we don’t skimp out on safety standards. However, it would be inaccurate to say that the online gambling space isn’t prone to abuse. The web is full of shady, unreliable operations that spring up as either scams or just careless, poorly-managed casinos. Your main concern is to stay away from them.

Differentiating between safe casino sites and insecure ones takes some know-how, though. Complete beginners should probably stick to big brands and established industry giants for that exact reason. If nothing else, at least you know you’re dealing with a known quantity.

However, veteran gamers know the advantages of shopping around and being willing to take a chance on a smaller casino. While harder to test for reputation, smaller casinos can offer better customer service and more player-friendly business practices. If you play your cards right, you can also find extremely safe small online casinos.

Let’s cut the chit-chat, though, and explain what makes a casino safe.

Online Casino Safety – What to Look For

Whenever we do online casino reviews, we have a sort of checklist for checking safety. It’s based on experience, common sense, and knowledge of how online casinos work. Here is a short list of things to look for in a secure, legit casino site.

  1. Licensing – An online gambling permit is the first sign that a casino is indeed legal and legitimate. Proper licensing puts legal responsibility onto the operator and it ensures that you’re not breaking any laws. Most big brand sites have multiple licenses, though we should also note that not all casino regulatory bodies are equally respected. The ones to keep an eye out for are the UKGC and the MGA.
  2. Thirdparty auditing – Organisations like eCOGRA exist to check up on casinos and ensure security and fairness. Their stamp of approval helps to show that a casino means business.
  3. Reputation – If you’re not tech-savvy enough to measure the cybersecurity of a site, you can always look at its reputation. Scams and lacklustre casinos often end up with poor word-of-mouth. That said, common indicators of reputation include things like casino user reviews. Such outside opinions can be handy but are prone to misuse.
  4. Ownership – You can also look at the registered operator of the casino brand. Check out the company’s history and other sites and businesses to see if it looks legit.
  5. Encryption and security – Reputable online casinos are often quite transparent with their customers. Make sure that your data is secure by looking over any available info about a casino’s encryption or its security track record.
  6. Customer service – Service reps are your point of contact with the casino should you ever need to get in touch. A helpful help desk implies that a casino takes care of its customers.

Closing Thoughts – Secure Online Gambling

Online casino games can be an exciting and safe pastime. However, real-money transfers over the internet bear inherent risks that need to be taken seriously. Even if you’ve made hundreds of payments already, there is always a chance you’ll slip up if you’re not careful. Hopefully, our online casino safety tips gave you some pointers on how to keep your gambling secure and private.

If you’re still on the lookout for safe and legal online casinos, check out our list of top online casinos. Not only are these sites as safe as can be, but they also offer some of the best user experiences in the business.

FAQ

  • Is online gambling safe?

Yes, online gambling is perfectly safe if you’re careful. Look up reviews of online casinos, and make sure to follow basic internet safety guidelines, and you’ll be fine.

  • Is online gambling legal?

That depends on where you live. Online casinos are legal in some countries but illegal (or not legally defined) in others. Look up the laws of your country and the casino’s restricted countries list to make sure.

  • Are casino online games safe to play?

Yes. If you’re playing at a legal online casino and with legit casino software providers, online casino games are generally safe.

  • How do I make safe casino deposits and withdrawals?

By following internet security tips such as having two-factor authentication and a strong password. Furthermore, you want to make sure you’re using a good payment service and a safe legal casino.

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Author:

Luka

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