Online gambling is growing in popularity as an entertainment activity for many people all over the world, and what's helping fuel this is the ever-growing number of payment methods that are accepted for depositing and withdrawing your funds.
π One such method in particular that is quickly becoming very popular is Revolut. You've probably heard of them. They're a popular ‘app bank' originating from Europe, making currency transactions superfast and simple. They now offer lots of other services and benefits, especially to online gamblers.
Table of contents
- Is Revolut a good deposit method at online casinos?
- How Revolut online casinos work
- Account setup and verification
- Linking Revolut to your casino account
- Making deposits with Revolut
- Playing and managing funds
- Withdrawing winnings
- Benefits of using Revolut at online casinos
- Pros and cons of using Revolut at an online casino
- Pros
- Cons
Is Revolut a good deposit method at online casinos?
One of the reasons that Revolut stands out amongst others as an excellent deposit method for online casino players is its top-notch security, extra fast transactions, and very user-friendly design and features.
Revolut is quickly becoming a very popular option for online casino players because it is so easy, secure, and fast. People are trusting it over and above other payment methods. It is a huge and recognisable brand, which puts people's minds at rest.
There are loads of options available for people hoping to use their Revolut account to deposit at an online casino. Top online casinos accepting Revolut are licensed and regulated, offering a wide range of the latest
How Revolut online casinos work
Below we go into detail on how you can use Revolut at licensed online casinos for a smooth, simple, and secure gaming experience.
π Thereβs no secret or magic involved. You simply need a Revolut account (which can be opened in minutes) and you need to find an online casino that accepts Revolut as a deposit method.
As we mentioned above, the number of online casinos accepting Revolut is growing by the day.
Account setup and verification
So get cracking using Revolut at online casinos by opening your Revolut account. First off, download the Revolut app from your mobile app store and provide the necessary identification documents to verify your identity.
This is normally a driving licence or passport required at this stage.
Once your account is up and running, you can fund it using methods like bank transfer or credit and debit cards. You can even receive funds into your Revolut account with popular cryptocurrencies in some countries.
Linking Revolut to your casino account
Once you've got your Revolut account up and running, all that remains is to find an online casino that accepts Revolut as a deposit method. From this point, depositing into your account is no different to any other method such as Visa, MasterCard, bank transfer, or any popular e-wallet.
- Log into your casino account and head over to the cashier as you normally would.
- Select Revolut as your preferred deposit method.
- Provide any information that is asked for so that you can link Revolut to your casino account.
- Complete any verification required from Revolut for security purposes.
Making deposits with Revolut
From this point, everything becomes much simpler, you'll be glad to hear. All you need to do is add funds from your online casino's cashier section and confirm the transaction.
You may be asked to authorise it via the Revolut app the first time or even every time, but at the end of the day, this simply adds to the security of using Revolut for your deposits and withdrawals. It's always super easy to verify a payment on the Revolut app.
You'll see that the funds are instantly available in your player account, and you're good to go and hit the games.
Playing and managing funds
With your Revolut account linked to your online casino, you can simply and easily manage your funds straight from the app. One of the great things about Revolut is that it allows you to track your spending budgets on a monthly, weekly, or daily basis and get instant transaction notifications.
Withdrawing winnings
Now the important part: withdrawing your winnings should you be fortunate enough to experience any. As you would with any other payment method, head to the withdrawal or cashier section of the casino.
π Select Revolut as your withdrawal method, enter the amount you'd like to withdraw, and hit confirm (or a similar approval button).
Once your withdrawal is approved, depending on the amount and assuming you have your KYC documents in place, your funds will hit your Revolut account within hours, making it one of the quickest methods for withdrawing funds from an online casino.
Benefits of using Revolut at online casinos
Below are some of the numerous benefits of using Revolut for deposits and withdrawals at online casinos:
Security
Revolut is well known for its strong security measures like highly advanced encryption, multifactor authentication, and Revolut guarantees. All transactions are secure, protecting players and most importantly, personal financial information.
Speed
We've mentioned a couple of times just how quick it is to use Revolut for sending and receiving money and verifying transactions. Best of all, deposits are instant using Revolut accounts and withdrawing is a doddle. Once you have your KYC in place, withdrawals can take no more than a few hours once initiated and approved.
Ease of use
The Revolut app interface is simple to use, making it even more enjoyable when managing your casino funds, tracking what you're spending, setting your budget, and monitoring all of your transactions in real-time straight from the app.
Global acceptance
Revolut operates on a pretty much global scale, so regardless of where you are gambling from, you should be able to use the app as a deposit and withdrawal method for your online casino funds. What's more, they are multi-fiat currency and cryptocurrency enabled and offer fantastic exchange rates compared to other services.
Cost-effective
Revolut fees are minimal when it comes to not only exchange rates but also transaction fees, making them a really cost-effective option for you.
This is particularly useful if you frequently deposit and withdraw funds from your online casino platform, and over a period of time, you will find yourself saving substantial amounts compared to traditional banking methods.
Control and transparency
The Revolut app does a fantastic job of detailing all of your transactions and your transaction history, presenting them in easy-to-understand spending analytics graphs. This gives you, as a player, full control and transparency over what you are spending and where you are spending it.
Pros and cons of using Revolut at an online casino
So, with the article pretty much complete, let's take a quick look at the pros and cons of using Revolut at your online casino.
Pros
One of the biggest pros of Revolut is its security and transaction speed for both deposits and withdrawals. Revolut is super secure, and their verification process is quick, so there's no hanging around waiting for a deposit or withdrawal to process.
The app is very user-friendly and offers every feature you can imagine under the sun regarding online banking, using both fiat currencies and cryptocurrencies, as well as debit cards.
More and more online casinos are starting to support Revolut as a payment method. Players are adopting Revolut because of its low transaction fees and the speed at which transactions are executed.
Cons
Whilst Revolut is generally very cost-effective, bear in mind that transactions do incur fees, despite them being small. These tend to be applied when converting currencies or making international payments, albeit minimal fees compared to other methods.
Also, Revolut, despite being on the rise with online casinos, is not yet as popular as other wallets such as PayPal, Neteller, or Skrill.
You will need to check if your preferred online casino accepts Revolut before signing up, but this is normally obvious from the casino homepage towards the bottom where payment methods are generally listed.
Revolut may impose transaction limits and restrictions with regards to online casinos, so this might be a bit of a hindrance for high rollers looking to deposit large amounts into their casino fund.