Through online gambling sites, players tend to use a credit card to make deposits above any other method. The credit card is the staple funding option, offering instant access without any delays, all predicated on one possible complication – failed deposits.
Using a credit card with an online gambling site means you will have to face down the possibility of making no deposit at all, as credit cards can be rejected. There are a few reasons for this, though they are not very clear.
The main reason that a credit card can be rejected is because of the fact that some credit card issuers are under the impression that online gambling deposits are a “high risk” transaction. These card issuers will reject the payment, subsequently listing it as unauthorized.
Another reason that online gambling deposits are sometimes rejected is because of banking restrictions. Outside of “high risk” transactions, there are also banking restrictions that can sometimes cause online gambling transactions to fail. This commonly occurs with Bank of America and Capital One cards, though other cards sometimes fail.
While the risk of failure is there with every credit card, players have various alternatives that they can take advantage of. E-wallets are poised for easy transactions, though not as simple as credit cards. Bank transfers and e-checks can also be used as casino deposit methods, but the easiest access around can be found by way of credit cards.