Philippines Online Gambling Deposit Methods

Online gambling is a lucrative industry, both for the casinos hosting the action and the bettors that win big. Before cashing in on a huge jackpot, you have to ensure you can fund your account first. Not all deposit methods are accepted in the Philippines. This is due to certain Philippine gambling laws and how they apply to the financial sector. Filipino bettors are fortunate that they have more options available to them than other countries. For example, the USA is quite strict on which methods work through licensed offshore casinos.

In any case, it is important to know which options you have before going to make a deposit. This page was created specifically for Philippines online gambling deposit methods and has information on which methods are available, any potential fees, limitations and more. Consider this page a resource covering all your deposit method needs for Philippine legal online gambling sites.

What Types Of Deposit Limitations Are There?

These ‘limitations’ are policies set out by the site that you are using. All accepted deposit methods come with a minimum and maximum deposit amount. The range is wide enough to accommodate most types of bettors. Processing times vary based on the method you use. For example, bank cards tend to take longer because verification is required from the backing financial institution, whereas cryptocurrencies process instantly because they are not a part of any centralized banking system. The same can be said about additional fees. Some methods charge a small percentage fee on deposits and withdrawals, while others don’t.

Legal Deposit Method Options For Philippine Players

The most popular deposit methods for Philippine bettors are:

  • Credit Cards
  • Debit Cards
  • Cryptocurriencies (Bitcoin, Litecoin, Dash, Ethereum)
  • eWallets
  • Prepaid Cards
  • Wire Transfers
  • Money Orders

You first need to have an open account with a gambling site before being eligible to make a deposit. Be sure to check for any available bonuses before submitting. If required, you must enter the corresponding promo code before finalizing your deposit. Promo codes can be found on the bonus page of the site. Not all bonuses require a code.  You may make deposits using the Philippines peso currency or other international types such as USD, euros or pounds.

A lot of people use credit or debit cards because of their accessibility and ease of use. After all, most bettors have their cards right there at their disposal. Visa, Visa Electron, MasterCard (MaestroCard) and American Express are the most commonly accepted brands. The minimum deposit amount is usually lower with credit/debit cards than other methods. You may be looking at small percentage fees on deposits.

Your funds should be available shortly after completing the deposit. The site may request additional documentation like your driver’s license, credit card statement, etc. This is used to confirm your identity.

Popular Credit Cards And Debit Cards For Gambling Online In The Philippines

These are the two most popular credit cards accepted as online payments at Filipino online gambling sites, but there are certainly others accepted.

Visa And MasterCard

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Fraud monitoring – Yes
  • Minimum deposit – 1295.88 PHP
  • Maximum deposit – 25917.50 PHP
  • Additional fees – Varies

Visa Electron and Maestro Card

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Fraud monitoring – Yes
  • Minimum deposit – 1295.88 PHP
  • Maximum deposit – 25917.50 PHP
  • Additional fees – Varies

(These are similar to the traditional Visa and MasterCard debit cards, but these are the prepaid versions.)

Cryptocurrencies

Cryptocurrencies are becoming more and more popular within the online gambling community. Digital or alternative currencies, as they are also referred to as, are decentralized currency forms developed exclusively for online use. Bitcoin, Litecoin, Ethereum, and Dash are the most commonly used for online gambling. You can purchase alternative currencies through online exchange services or through direct sellers.

Cryptocurrencies come with several advantages including no additional fees with deposits and they offer faster processing times. There are exclusive cryptocurrency bonuses in addition to the bonuses already offered.

Digital currency transactions are anonymous because all you need to enter in is the gambling site’s digital wallet address and the amount of Bitcoin/Litecoin/Ethereum/Dash you wish to send over. No personal information, like a billing address, is required.

Popular Cryptocurrencies For Gambling Online In The Philippines

Bitcoin

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – Digital Wallet
  • Fraud Monitoring – No (but transactions are protected)
  • Minimum deposit – 1036.20 PHP
  • Maximum deposit – 129529.00 PHP
  • Additional fees – No

You can learn more about using BTC for online gambling from our page dedicated to Philippines Bitcoin gambling sites.

 Ethereum

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – Digital Wallet
  • Fraud Monitoring – No (but transactions are protected)
  • Minimum deposit – 1036.20 PHP
  • Maximum deposit – 129529.00 PHP
  • Additional fees – No

Ethereum is one of the newer cryptocurrencies and works a little differently than Bitcoin in some aspects.  Learn more about this trending digital currency and how to use it to gambling online in our guide to Philippines Ehtereum gambling sites.

Litecoin

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – Digital Wallet
  • Fraud Monitoring – No (but transactions are protected)
  • Minimum deposit – 1036.20 PHP
  • Maximum deposit – 129529.00 PHP
  • Additional fees – No

Litecoin is rapidly gaining momentum and has emerged throughout the online gambling industry. Learn how to use Litecoin to fund your online gambling, and what the benefits of using this currency are.  We provide an in-depth look at Litecoin and how it is used on our page covering Philippines Litecoin gambling sites.

Dash

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – Digital Wallet
  • Fraud Monitoring – No (but transactions are protected)
  • Minimum deposit – 1036.20 PHP
  • Maximum deposit – 129529.00 PHP
  • Additional fees – No

Dash is one of the easier cryptocurrencies to follow and is becoming popular among online gamblers.  Our section about Philippines Dash gambling sites will provide more insight into the nuances of using Dash to fund your online gambling entertainment.

Ripple

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – Digital Wallet
  • Fraud Monitoring – No (but transactions are protected)
  • Minimum deposit – 1036.20 PHP
  • Maximum deposit – 129529.00 PHP
  • Additional fees – No

Ripple is quickly becoming one of the best cryptocurrency options based on the fact that their transaction times are faster than others. The processing speed is due to the fact that their blockchain was built to process more information faster. Our page on Ripple gambling sites will go more in-depth and explain how you can use Ripple to fund your account.

eWallets

eWallets provide a digital wallet service accessible through your computer or mobile device. These digital wallets allow you to send money easily. They also support multiple currency forms, including pesos. Digital wallets also do not require you to enter any personal information when conducting a transaction, thus making them more of an anonymous method.

Popular eWallets For Gambling Online In The Philippines:

Neteller

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – Use your credit/debit card, bank account or prepaid card
  • Fraud Monitoring – Yes
  • Minimum deposit – 518 PHP
  • Maximum deposit – 129587.50 PHP
  • Additional fees – No

Skrill

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – Use your credit/debit card, bank account or prepaid card
  • Fraud Monitoring – Yes
  • Minimum deposit – 518 PHP
  • Maximum deposit – 129587.50 PHP
  • Additional fees – No

Wire Transfers

Wire transfers are not as common as they once were, but some people still use them. You can find sites offering wire transfers as an acceptable option. Wire transfers are more anonymous than other methods when it comes to depositing, but they have some of the longest processing times. They also typically come with high percentage fees.

Prepaid Payment Options

Players can load money onto a prepaid card and then use it like a debit card when making deposits. Prepaid cards support limited gambling in terms of preventing addiction or over-betting since you can only play with what is loaded on the card. Prepaid cards are available in multiple currency forms, including pesos. In some cases, “prepaid cards”  are known as international gift cards, such as MST Gift Cards, which are available for international use.

Popular Prepaid Options For Gambling Online In The Philippines:

MST Gift Cards

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – credit/debit card, bank account
  • Fraud Protection – Varies
  • Minimum deposit – 1036.70 PHP
  • Maximum deposit – 25917.50 PHP
  • Additional fees – No

Entropay

  • Transactions in PHP – No (only USD, GBP, and EUR)
  • Currency Conversion Services Available – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – Can top up using a credit/debit card (subject to transaction fees)
  • Fraud Monitoring – Yes
  • Virtual debit card

 Ecopayz

  • Transactions in PHP – No (only USD, GBP, and EUR)
  • Currency Conversion Services Available – Yes
  • Accepted at online gambling sites – Yes
  • Funding Options – Can top up using a credit/debit card (subject to transaction fees)
  • Fraud Monitoring – Yes
  • Virtual debit card

Money Orders

Money orders can be purchased locally at retailers and mailed to the online gambling site’s physical banking address. Customer support can help you locate the exact address to send your money order. It takes time for you to send the money, especially if the site you are using is based in a far country. Many modern bettors prefer digital transactions, but money orders are evidence of traditional methods still in use.

Popular Money Order Options For Gambling Online In The Philippines:

Western Union

  • Transactions in PHP – Yes
  • Accepted at online gambling sites – Yes
  • Additional Fees – Not for deposits of at least 5183.50 PHP
  • Minimum deposit – 2591.75 PHP
  • Maximum deposit – 51835 PHP