E-wallet
A digital money account (Skrill, Neteller etc.) between the casino and your bank. The fastest withdrawals, but often excluded from the welcome bonus.
Also: e-wallet · digital wallet · web walletWhat does this mean?
An e-wallet is a digital account that sits between your bank and the casino: you top the wallet up and pay from it to casinos and back. The best known are Skrill and Neteller; the advantages are speed — withdrawals often reach the wallet within minutes — and that your bank statement doesn't itemise every casino transaction.
Two drawbacks are worth knowing: e-wallets are excluded from the welcome bonus at many casinos (depositing with a wallet won't activate the bonus), and fees — currency exchange, withdrawing to your bank, inactivity charges — can eat the benefit. Always read both the casino's and the wallet's fee schedule.
Quick facts
Example: the casino approves the withdrawal and the money is in the Skrill account in five minutes. But the same casino’s welcome-bonus terms say: Skrill and Neteller deposits don’t activate the bonus.
How does an e-wallet work?
Create a wallet
Register with the service and verify your identity.
Top up
Transfer money to the wallet from a bank or card.
Pay at the casino
Select the wallet at the cashier and confirm the payment — the deposit is instant.
Withdraw winnings
Withdrawals reach the wallet often within minutes; from there you can transfer the money to a bank.
Frequently asked questions
Why are e-wallets excluded from bonuses?
Historically they were used to abuse bonuses, since accounts were easy to create. Casinos responded with a blanket exclusion — check the terms before depositing.
Is an e-wallet better than a bank link?
Rarely in Estonia — a bank link is just as fast and free of extra fees. An e-wallet is useful if you play at several casinos and want your money in one place.