Funds Transfers
Gambling money online can come from credit card, electronic check, certified check, money order, or even wire transfer.
Normally, gamblers upload funds to the online gambling company, make bets or play the games that it offers, and then cash out any winnings. Gamblers can often fund gambling accounts by credit card or debit card, and cash out winnings directly back to the card; most U.S. banks, however, prohibit the use of their cards for the purpose of Internet gambling, and attempts by Americans to use credit cards at Internet gambling sites are usually rejected. A number of electronic money services offer accounts with which online gambling can be funded; however, many top fund-transfer sites such as FirePay, Neteller & Moneybookers have discontinued service for U.S. residents.
Payment by check and wire transfer is also common. Some gambling methods accept Bitcoin, a digital currency.
Read more about this topic: Online Gambling