Update 2012: The best *Canadian facing* casino offering Instant eCheck is now SpinPalace (www.SpinPalace.com) (USA Not Accepted)
USA, and worldwide Players looking to leverage eCheck deposits should visit Casino Winpalace (www.WinPalace.com).
One of the most advantageous aspects of online casinos is their wide range of deposit options, even in a post-UIGEA environment (for US players). While many gamblers prefer the security and ease of credit cards, others try to limit the number of accounts they maintain. A lot of folks used to prefer PayPal gambling accounts in the past, but the number of PayPal casinos has been dwindling in 2012. For those gamblers, eChecks provide an excellent solution.
What is an eCheck ?
An eCheck is exactly what it sounds like : the electronic equivalent of a check. It is processed via your bank account, and the end to end process only takes a day or two. Since it is processed like a paper check, players need to ensure that they have the required funds in their account. Just like with paper checks, writing an eCheck that bounces often leads to fees. Poker rooms and casinos will typically trust their customers, at least the first time. If they receive a notice of insufficient funds, followed by a large charge-back by the player’s financial institution, the account will be qualified as fraudulent and banned.
eCheck Casinos in Canada : eCheckCasinos.ca is the new authority
A team of professional gamblers set out to create an online resource dedicated to e Check in Canada. If you peruse eCheckCasinos.ca’s vast list of eCheck sites you are more than likely to find an eCheck casino that fits your gambling needs. Although US-facing eCheck casinos may be a rarity in 2012, their Canadian counterparts are thriving. This is likely due to the difference in legislation between the two countries, but also to the cultural difference between gamblers. “eCheck” has indeed become synonymous to “Betting” in Mainland Canada. Originally used by elite sports bettors, the funding method has really blossomed and spanned to casino and gambling, reaching a much broader audience in 2012.
How do I pay with an eCheck?
There are two commonly used ways to pay with an eCheck. Casinos with more sophisticated programming will gather your PayPal or other eCheck information on the casino’s site. Others will either redirect you to the eCheck provider’s website or will give you information on how to address the payment. In this case, you will be redirected to a PayPal interface. Enter your PayPal information and get onto the PayPal payment screen. Click on the “send money” tab and enter the target casino’s information. Under “Funding Options,” click the option labeled “eCheck.” Note that the casino will not receive your eCheck immediately. Your bank must process the transaction, just like with a paper check. It may take several business days before the money arrives in your casino account. Players who are in a hurry may wish to look into other deposit options.
What are the benefits of an eCheck?
There are a number of benefits to using an eCheck to make your deposits. Since eChecks are driven through eWallet or third party financial transaction software, it is fairly easy to dispute an eCheck. In the case of an online gaming deposit, this will help ensure financial safety. If you find out about financial fraud, you can use the dispute resolution services to help get your money back. You can also pay with your existing bank account, rather than signing up for a credit card. eCheck online Casinos are usually preferred in Canada and in the United States for their ease of withdrawals, which go hand in hand with the speedy deposits.
Which casinos accept eChecks?
Most casinos will not accept eChecks for your first deposit. Instead, you usually need to make your first deposit through another method, play for a while, and establish yourself as a player. You can then make your second deposit through an eCheck. Rome Casino, Rushmore Online, Cherry Red and Slots Oasis all accept eChecks for established gamblers. Note that individual casinos may define “established” in different a context. Some may require a certain time period between your first deposit and your first eCheck. Other casinos may just require you to deposit with a different deposit option first.
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