HomeGaming & CasinoeWallets Major Role in Online Gambling

eWallets Major Role in Online Gambling

An eWallet is a secure, reliable, user-friendly and convenient online payment solution that’s currently accepted at the cashier/checkouts of hundreds of thousands of trusted online merchants.

eWallets are an APM (Alternative Payment Method) because they differ from traditional payment methods like physical cash, direct/instant bank transfers, and credit and debit cards.

There are many different eWallets to choose from in 2023, and they are now widely accepted at thousands of fully licensed and regulated real money online gambling sites like online casinos, dedicated poker sites, online bookmakers, bingo & lottery sites, and other trusted iGaming sites.

eWallets

Let’s dive in to discover more about eWallets and their important role in the online gambling industry.

Why are eWallets important in the online gambling industry?

eWallets play an important role in the online gambling industry for the players and the operators. For example, they help online casino operators make money by facilitating the payments players make to and from their online gambling accounts.

They are often used by players who don’t like using bank transfers, credit or debit cards, prepaid cards or cryptocurrencies. Without eWallets, some players would never play at licensed iGaming sites, meaning some operators would not make as much money.

eWallets are now the ideal online gambling site payment option for millions of real money gamblers worldwide. The best thing about them is that eWallets can be used for deposits and withdrawals.

They process instant deposits, and in most cases, withdrawals are processed in as little as two or three hours up to usually no longer than 24 hours.

Are there any Indian online casinos or sports betting sites that accept eWallets?

Yes. If you have an eWallet account with market-leading brands such as Skrill, Neteller, Jeton, or Ezeewallet, you can use the cash in any of those accounts you have to top up your account on the official 10CRIC10.com online sports betting casino website (a licensed online casino that also has sports betting services).

You can also then cash out your winnings using that same reliable eWallet. When depositing with an eWallet at 10CRIC, the minimum deposit amount required each time is just ₹1,000.

Making an Ezeewallet casino deposit is easy. All you have to do is follow the simple onscreen instructions to get money into your casino account in just a few simple steps.

eWallets are a convenient online payment solution and they are known for being extremely secure. If you’ve ever heard of PayPal, these other eWallets mentioned above offer basically identical services. However, you can’t use PayPal on the 10CRIC website.

This highly recommended Indian online casino also accepts several other popular Indian online payment methods, including Visa and Mastercard credit and debit cards, the AstroPay prepaid voucher card, and three major cryptocurrencies – Ethereum (ETH), Bitcoin (BTC), and DogeCoin (DOGE).

However, when depositing with any of the accepted cryptocurrencies, the minimum deposit amount required each time is ₹1,200, not ₹1,000.

Can I claim a welcome bonus if I deposit at 10CRIC with an eWallet?

Yes. It doesn’t matter which payment method you use to deposit at 10CRIC. Each deposit option qualifies you for the initial sign-up bonus. Let’s look at exactly what the 10CRIC welcome bonus is for new players and how you can claim your guaranteed offer. It works as follows:

  1. First deposit – when depositing for the first time, you can claim a 150% match bonus worth ₹15,000 + a free ₹500 Sports Bet to use at 10CRIC Sports. When claiming this first deposit bonus, make sure you remember to enter the following bonus code into the required field: ‘CASINO’
  2. Second deposit – when depositing for the second time, you can claim a 200% match bonus worth ₹20,000 + a free ₹500 Sports Bet to use at 10CRIC Sports. When claiming this second deposit bonus, the code you must enter this time is: ‘CASINO2’
  3. Third deposit – when depositing for the third time, you can claim a 250% match bonus worth ₹25,000 + a free ₹500 Sports Bet to use at 10CRIC Sports. When claiming this second deposit bonus, the code you must enter this time is: ‘CASINO3’

Are eWallets better than other payment methods?

For some players, eWallets are better than credit/debit cards, prepaid cards, bank transfers and cryptos. However, for other players, they aren’t better than one or more of these payment methods.

Each player is different, so it is important for licensed online casino operators to accept a wide range of reliable and secure online payment methods to cater to all players. This is where eWallets play an important role in the online gambling industry.

They specifically cater to players who don’t like using traditional payment methods or any other payment methods mentioned above.

How do I know 10CRIC is safe?

The official 10CRIC10.com website is protected by 128-bit Secure Socket Layer (SSL) encryption software, making it one of the safest sites out there. Also, it’s fully licensed and regulated by multiple mid to top-tier licensing authorities and is owned and controlled by a trustworthy company with excellent standing in the iGaming industry.

In other words, if you live in India and want to gamble real money at a secure website, there is no safer place than the official 10CRIC10.com website. It has pre-match and in-play (aka live) betting services, a virtual sports betting product, and eSports betting markets for today’s biggest eSports video game tourneys.

That’s not all. If you head over to the 10CRIC Casino side of the website, you can enjoy playing over 3,100 online casino games from your smartphone, tablet, laptop, or desktop computer. However, to play any of the games or place sports bets at 10CRIC, you must be at least 18 years old. They also have an epic selection of live dealer games from multi-award-winning software providers.

Final note

If you’re new to online sports betting sites or casinos and want to find a secure online payment method that’s easy to use, you may want to consider using an eWallet. Before using their transaction processing services, you must first register an account.

For example, if you want to use the Jeton or Ezeewallet, you would first have to open an account with them. It takes under a minute to do, which is roughly the same amount of time it takes to register a new 10CRIC Casino account.

Moneyexcel Editor
Moneyexcel Editor
Hi, I am Raviraj working as an Editor in Moneyexcel. I have more than 5 Years of Experience in the blogging and content creation.