eCheck Online Casino Deposits
eChecks allow you to combine all the positive aspects of online banking with the traditional business processes associated with dealing with classic paper check. Electronic checks enable you to transfer money from your checking account to any company or individual that you could pay using a traditional check via courier, as their legal status is very similar to their paper counterparts.
eChecks are always connected to your account through a routing number and contain the same kind of information as their physical equivalents. Another advantage of using eChecks is the fact that all account holders are free to use them, which makes them a rather viable choice for gambling enthusiasts who wish to transfer money to their real money gaming site of choice.
All eCheck transactions can be secured using digital signatures and hardware tokens, which makes them even safer than the traditional paper checks. In addition, funding your gambling account using an eCheck doesn’t require you to provide your gambling operator with additional personal information such as credit card details, which reduces the risk of identity theft and other similar fraud attempts.
eCheck Deposits vs. Credit Card Payments
While it is true that eChecks are considerably safer than paper checks, this doesn’t automatically mean that they offer more security than the other similar deposit methods, such as credit card payments. One of the biggest problems associated with sending your money via an eCheck is the fact that you won’t be able to dispute unknown charges or stop suspicious payments. As a result, inexperienced eCheck users are more susceptible to scam sites, which means that you should be very careful when it comes to picking your gambling operator if you decide to fund your account using this method.
Another problem is the fact that some financial institutions have the policy of flagging people who have been identified as online gambling enthusiasts as high-risk customers, as their analysts have led them to believe that engaging in this hobby increases your chances of going bankrupt.
Quite obviously, most people aren’t exactly thrilled about the prospects of being put in this situation, so they’re forced to go through the hassle of setting up an additional checking account to cover their gambling expenses. Fortunately, in most cases this is enough to prevent your bank from inspecting your gambling-related transactions – but in the end, many people simply aren’t satisfied with this level of anonymity.
eCheck Payments in the United States
As you probably already know, US-based players don’t have the access to some of the most popular deposit methods due to stringent gambling regulations, including the Unlawful Internet Gambling Enforcement Act, which was passed in 2006 and which forced many high-profile payment processors to leave the US real money gaming market. Fortunately, many US-facing gambling operators support eCheck deposits. Most of those sites are powered by Real Time Gaming or Microgaming software, as those are the only major companies that have no qualms about providing the sites that accept American customers with the tools they need.
Due to the fact that online gaming is pretty much unregulated in the United States on an individual level, you should be very careful about picking the sites that you play on – the law won’t punish you for playing on an offshore casino site or poker room, but it also won’t bail you out if you become the victim of a scam attempt.
In the end, I wouldn’t recommend using eChecks to fund your on-site account unless you’re absolutely certain that the site in question is 100% safe and reliable. The sites listed here have actually been vetted by our reviewers and experts, so if you’re an inexperienced player, I’d definitely recommend sticking to them.
Best Online Casinos That Accept eChecks
While the number of eCheck friendly sites is somewhat limited in the United States, players from Canada, Australia, Europe, and certain Asian countries have plenty of gambling operators and software providers to choose from.
Furthermore, while making eCheck deposits in countries like the United Kingdom is still a little bit riskier than paying your gambling bills via a credit card or e-commerce service, there’s no denying the fact that gamblers enjoy higher levels of protection in most European countries. Consequently, European players don’t really have to be all that careful when picking a site that offers eCheck deposits – in the end, they have the law on their side.
Quite obviously, that doesn’t mean that you should rush to the sites that don’t even list their contact information. If you’re worried about choosing the right gambling operator, you should consider sticking with one of the Europe-facing gambling operators that we’ve already reviewed. That way you can rest assured that all of your payments will be credited to your account without any unnecessary delays and that your cash outs will always arrive on schedule regardless of the amount of money that you’ve managed to win.