Fastest Payment Methods & Quickest Withdrawal Times Top High Roller Gambling Payment Methods

Transferring money into your bank account can take a long time. The usual time is between two and seven days, but in some cases, a player may have to wait up to two weeks. Therefore, unless the payout is very large – in which case, transferring directly into the bank is usually the cheapest option – most VIPs prefer to use eWallets. Transactions into eWallets usually take no more than 24 hours. A more recent development is cryptocurrency, such as Bitcoin, which can offer instant transactions. There is more information about all of these in the sections below.

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High Roller Banking Features - VIP Payment Options

EWallet Operators

For many years, PayPal was the go-to option for most VIPs. PayPal charges 2.9% of the total per transaction. More recently Neteller has arrived. This eWallet normally has no transaction fee, although this can depend upon the casino. Casinos are keen to use eWallets, and will often waive the fee and offer bonuses as an incentive. Because the casino has to pay a percentage fee at its end, many have a maximum for eWallet withdrawals. These can vary from as much as £500,000 for Winner, to as little as €750 for Guts, so always check with your casino before using an eWallet.

Crypto Casinos

Often described by users as “flawless”, crypto currencies such as Bitcoin are a form of digital currency. These currencies use multiple layers of encryption, which makes them very secure. They also enable anonymous payments, which many people argue adds an extra layer of data security. Transfers are instant. Players can buy cryptocurrency in the same way that money is exchanged into a foreign currency. Read the guidance first to make sure that you use the best exchange strategy.
Crypto currencies are set to be the future of high stakes and VIP gambling. Casinos are keen to encourage VIP Loyalty by ensuring that crypto options are offered. Dragon Inc are currently rolling out a new currency, Dragon Global Chips, and are targeting junket percentages in particular. The idea is to make large online financial transactions faster, safer, and easier to track, whilst reducing the cost of junkets. Dragon are targeting VIP players in particular, so are worth watching. You can learn more about the Dragon project here.

Discrete Payments

When claiming pay-outs and Lottery Jackpots, the best way to ensure online discretion is to use an eWallet, such as PayPal or Neteller. Although not anonymous, eWallets offer an extra layer of protection between your bank account and the bookmaker. Highly secure, eWallets are widely accepted by casinos and are highly reliable. Neteller, which is the eWallet of choice for most casino visitors, can also be used to buy Bitcoin and other virtual currencies. The benefit of this approach is that the player never has to disclose any card details to the bookmaker. Furthermore, any transactions on a current account statement will show a transfer into the eWallet and not the purpose for which the funds have been used.

EWallet Operators

Crypto Casinos

Discrete Payments

Fastest Withdrawal Methods

Casinos tend to earn a reputation for usability depending upon how fast they are to pay out. Online gambling forums are quick to black-mark casinos that drag their heels overpayment and major casinos earn a reputation for looking after their VIP players by having high liquidity (money in their own bank), allowing quick pay-outs. VIP Loyalty is crucial for casinos, so they work hard to ensure that withdrawal is as effortless as possible.
Withdrawal methods are always evolving. When new transaction possibilities (such as Dragon Coin) are developed, casinos are very quick to respond. This means that the number of available options is always increasing. The main options are:

Bank transfers
Debit cards
eWallets
Mobile payments
Cryptocurrencies

Bank transfers are usually the slowest and will include a transfer fee if the money is being sent to or from an overseas account. eWallets are almost instant, but may also involve transaction fees. Cryptocurrencies are the fastest and safest. However, the value of currencies such as Bitcoin can fluctuate. Therefore, most users of online casinos use a variety of withdrawal methods and choose the one that is the best fit for each occasion.

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Banking Bonuses At Online Bookmakers And Casinos

Some High Roller Casinos will offer bonuses for using particular payment methods. Having a variety of transaction types helps an online casino to maintain its liquidity, so many online casinos are happy to encourage players to use new types of payment, especially cryptocurrencies.
Bonuses tend to be in the form of either free spins or a no-deposit bonus. A no-deposit bonus is where the casino credits currency to an account, which is usually tied to a wager. A wager is a minimum amount that a player needs to spend before they can withdraw any winnings.
If you want to make use of different currency bonuses, the most helpful approach is to follow a site such as Bitcoin chaser. For Neteller, you can follow the bonuses here. These sites routinely publish the latest bonus offers and direct the player to the casino. Like most promotional offers and codes, these change frequently, so it is a case of checking in regularly to see the latest deals.

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High Roller Banking Methods FAQs: Your Questions Answered

What Is The Best High Roller Banking Method?

Traditionally, high rollers have used PayPal. This is because it is fast, with most casinos processing the transaction within 24 hours. Bank transfers, on the other hand, take between 2 and 10 days. For some players, this is not a problem. However, for peace of mind, many people prefer to see their money in their account as quickly as possible. PayPal and other eWallets are also very secure. Many high rollers prefer this when claiming their Lottery Jackpots, because they do not want to share their personal bank details with a casino. The market is competitive, and casinos have high levels of transparency, so they tend to be very rigorous regarding data security. However, the general advice is that an extra layer of anonymity is a sensible safety precaution when carrying out any transactions online. Most high rollers, however, opt for bank transfers. This is because the percentage fee is relatively low when compared to other options. Most banks will charge about £3 for a transfer below £100, and £6 for a transfer above £100, regardless of the amount. On the other hand, eWallets sometimes charge a percentage of 2.4%. This can be prohibitively high if the winnings are four figures or above. Casinos often have a maximum limit on eWallet withdrawals. The future of online gambling for VIPs is likely to be in cryptocurrency. Check the detailed advice about using this payment method. There are some considerations, such as commission and exchange rates. Overall, however, Bitcoin is cheap, secure, and reliable.
What Betting Sites Take Crypto Currencies?

Most high roller casinos will accept Bitcoin. As with all online gambling, it is very important to be sure that the chosen site is legitimate. Sports Betting, Bet Online, Bovada, GT Bets, and Slotto Cash are all recommended as being the top crypto sites. This is based on player feedback. For casinos that are exclusively high roller and VIP, Slots of Vegas, Red Stag, Unique Casino, Palace of Chance, and Superior Casino are the UK’s top five.
Which Gambling Payments Methods Are Anonymous?

Gambling anonymously means preventing a bank from knowing that money is being used in a casino, and preventing the casino from knowing a player's identity. This means that money needs to be transferred into a different form – such as bitcoin – or via an eWallet. Neteller is a popular choice. New forms of crypto currencies are becoming available, and casinos seem very keen to encourage this. Anonymous, safe, and reliable, crypto looks like the future for VIPs and high rollers.

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