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Frequently Asked Questions |
1. What can the SlotsLibraryOnline do for me?
2. Do I have to play for real money at online casinos?
3. What is a bonus? What is a match bonus?
4. What are the advantages of an online casino?
5. How do I deposit money to an online casino?
6. Is it safe to use my credit card at an online casino?
7. What are my deposit and withdrawal options?
8. Why use Neteller or FirePay and what are they?
9. How do I cash out my winnings?
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| 1. What can the SlotsLibraryOnline do for me? |
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Whether you are an online gaming pro or just wanting to learn how to get started, SlotsLibraryOnline will be a great asset. If you want to learn how to get started, read through the rest of the F.A.Q. questions and answers and you will be well on your way.
SlotsLibraryOnline is an independent site committed to providing the online casino player with the best casino site reviews, sign-up bonuses, and related resources. We have independently reviewed the top online poker casinos and have access to the best bonuses on the net. We also have a slew of resources such as books and videos, rules, strategy, and recent gambling news.
We offer a monthly email NEWSLETTER that will provide you the best reviews and bonus information. We also offer free use of our exclusive CUSTOMIZER software. You tell us what is important to you - whether it be casinos with lots of variety in your betting limit, the largest progressive jackpots, the type of games your prefer to play - and our exclusive CUSTOMIZER software will find the online poker casino that best suits your profile. Just for visiting the SlotsLibraryOnline and signing up you can receive this free service.
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| 2. Do I have to play for real money at online casinos? |
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| No, absolutely not. Every online casino gives you the option to play for fun for free. SlotsLibraryOnline encourages you to download the software from various casinos and play for fun. This will give you the opportunity to see what the casino has to offer and you can then decide if you wish to play for real money. |
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| 3. What is a bonus? What is a match bonus? |
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Bonus: A bonus is a free sum of money given to you by online casinos to entice you to sign up at their site. Because the online casino industry is so competitive these days some bonuses offered by online casinos are quite genereous. Most bonuses are sign-up bonuses and are in the form of a match bonus.
Bonus: A bonus is a free sum of money given to you by online casinos to entice you to sign up at their site. Because the online casino industry is so competitive these days some bonuses offered by online casinos are quite genereous. Most bonuses are sign-up bonuses and are in the form of a match bonus.
Match bonus: Most online casinos will give you a matching percentage of your initial deposit up to a maximum amount. For example, a 50% match bonus up to $100 means that the casino will give you $.50 for every dollar you deposit up to a maximum of $100. So in this case if you deposit $200 you will get a $100 dollar bonus for a total of $300 to play with. Read the fine print as you normally have minimum play requirements to qualify for the bonus amount. |
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| 4. What are the advantages of an online casino? |
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Besides the convenience of playing whenever you want without any travel, there are two big advantages.
i) Typically online casinos payout a much larger percentage than land based casinos. Payout numbers range from 96 to 99% online. Many land based casinos payouts range from 5 to 10% less than this.
ii) Sign up and loyalty bonuses at online casinos are huge compared to any land based casino reward programs. Online casinos offer sign up bonuses and monthly player loyalty programs with bonuses as high as $3,000 a month. You won't find this size of bonus at you local casino.
Always be sure to read the terms and conditions of any bonus offered. Every casino has a minimum play requirement in order to qualify for the bonus.
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| 5. How do I deposit money to an online casino? |
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| Most online casinos offer a variety of methods for making a deposit. They include Visa, Mastercard, Neteller, Firepay Bankwire, Ewallet, Wire Transfer and a host of other convenient methods.
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| 6. Is it safe to use my credit card at an online casino? |
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| Most online casinos today are regulated by the government of the country they operate in. The casinos use the same software to transfer money as your bank does. In most cases it is safe and secure to use your credit cards. We do our best to insure that only casinos that are well established with the highest levels of integrity are listed on the SlotsLibraryOnline web site. |
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| 7. What are my deposit and withdrawal options? |
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There are a number of deposit options that are available for online gamers. If an online casino does not support the particular choice you prefer there is surely another online casino which does. The services that are listed below are a comfortable way to deposit and withdraw funds to your online casinovaccount. You might find that using a number of various services simultaneously can fit your needs. Please notice that this is an advisory list of most popular web cash technologies that are often used by online casinos and is not in any way meant to be a complete guide.
Neteller
Neteller is considered one of the best, if not the best, option by many online gamers. It is supported by all major online casinos, provides a vast number of options to withdraw and deposit funds, and offers quick and free money transfers. Recently Neteller has instituted a new security measure called Secure ID.
PrepaidATM
PrepaidATM is another popular and secure way to do online money transfers. It is not just an online service but is an actual ATM card that can be also used for other Internet purchases, money transfers and even ATM withdrawals, while not being tied to a bank account. All major online casinos essentially support it. Many online gamers like using this card because of well suited privacy options.
FirePay
FirePay is designed specifically to act as a web cash provider for U.S. bank accounts and is considered a preferred option for such U. S. bank account holders. It's a simple, powerful, and secure way to quickly transfer between your online casino account and the bank account. All major online casinos support it.
1-900 numbers
1-900 number payments are the simplest and fastest way to deposit funds into your online casino account. You will be charged to your phone bill. 1-900 number might be a good choice for first time online casino players.
Credit cards
Credit cards are very usable at online casinos but because they cost the casino more to accept, they ususally offer you a bonus to use another method of deposit. Visa and Mastercard are the most popular credit card options. Many credit card companies have banned the use of their card at internet gaming sites. You will have to check with your card company to see if they allow it. It is easy to try make a deposit to your favorite online casino with you credit card and see if it goes through.
Wire transfers
Most online casinos accept and encourage wire transfers. Even though these take some time to be processed, the online casino will usually reward you with special bonuses if you use them.
Citadel
Citadel offers one of the safest online transaction methods available. You must have a checking account at a financial institution in the U.S. and your checks must be payable in U.S. Dollars.
Checks
Some online casinos directly accept checks and bank drafts. Keep in mind that it takes time to clear these kinds of transfers with banks and we recommend them as a last resort option.
Moneybookers
Moneybookers is a well established and respectable tool that allows online gamers to send and receive money via e-mail. The transactions with Moneybookers are instant. This company is known to have excellent support.
Western Union
Western Union is an undisputed leader in the money transfer industry with more than a century long history of successful business. While mostly dealing with cash transfers, Western Union also deals with most other forms of payments such as credit cards which makes it viable for the online gamers.
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| 8. Why use Neteller or FirePay and what are they? |
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| There are a host of companies similar to Neteller and Firepay but these are two of the most recognized names in the business of internet money transfers. For example, Neteller operates a secure online funds transfer service. One of the leading service providers in the industry, the firm has been providing secure online transactions since 1999. A Neteller account acts as an e-wallet that enables members to deposit, withdraw and transfer funds. Members can instantly transfer funds to/from any merchant website that supports Neteller, and to/from other Neteller members.
You can set up an account with Neteller or Firepay and they can directly transfer funds from your bank account to your Neteller or Firepay account. They in turn can make immediate transfer of funds to the casino of your choice. When you wish to cash your winnings out from the casino, you can simply reverse the process and put money back into your Neteller account and then back to your bank account.
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| 9. How do I cash out my winnings? |
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There are a number of ways you can collect your money from the online casinos that you decide to play at. If you made a deposit with Visa or Mastercard and are a European player, the casino will credit your card back up to the amount of your deposit. North American players must find an alternate method as credits back to Visa and Mastercard are not allowed.
The casino will mail you a check or you can have it couried by Fedex. Mail is usually free but very slow. Fedex next day is free or low cost at most casinos on amounts over $1,000. The ideal way to transfer funds is by Neteller, Firepay or a similar service. Most casinos offer deposit bonuses to customers who use these types of services.
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