As an experienced player at ohmyspins casino, understanding the various alternative payment methods available can significantly enhance your gaming experience. Each method comes with its own advantages, limitations, and specific terms, particularly concerning return to player (RTP), bonus terms, and wagering requirements. Here, we address common queries and bust prevalent myths surrounding these options.
What are the alternative payment methods available at ohmyspins casino?
ohmyspins casino offers a range of alternative payment methods, including:
- eWallets (e.g., PayPal, Skrill, Neteller)
- Prepaid Cards (e.g., Paysafecard)
- Cryptocurrencies (e.g., Bitcoin, Ethereum)
- Bank Transfers
How does each payment method impact RTP and bonuses?
The RTP percentage remains constant regardless of the payment method used. However, different methods may influence how quickly you can access bonuses:
- eWallets: Often allow for instant deposits and withdrawals, making them favourable for bonus activation.
- Prepaid Cards: Typically offer a straightforward deposit process but may have slower withdrawal times.
- Cryptocurrencies: Generally provide fast transactions but check if the casino offers bonuses for crypto deposits. Some may not.
- Bank Transfers: Usually take longer to process, which could delay bonus eligibility.
What are the common wagering requirements for bonuses?
Most bonuses at ohmyspins casino come with wagering requirements, typically around 35x the bonus amount. Let’s break down how this works:
- If you receive a £100 bonus, you’ll need to wager £3,500 before you can withdraw any winnings.
- Always check the specific terms of each bonus, as some games may contribute less to the wagering requirement (e.g., slots might contribute 100%, while table games contribute only 10%).
Are there limits to withdrawals based on payment methods?
Yes, different payment methods can have varying withdrawal limits:
| Payment Method | Withdrawal Limit | Processing Time |
|---|---|---|
| eWallets | £20 – £5,000 | Instant – 24 hours |
| Prepaid Cards | £20 – £2,500 | 3-5 business days |
| Cryptocurrencies | No limit | Instant |
| Bank Transfers | £50 – £10,000 | 3-7 business days |
Common Myths about Alternative Payment Methods
Myth 1: All payment methods are treated equally when it comes to bonuses.
In reality, some methods may exclude you from certain bonuses. Always check the terms associated with each payment option.
Myth 2: eWallets are the only fast payment option.
While eWallets are quick, cryptocurrencies can also provide instant transactions, often with lower fees.
Myth 3: Prepaid cards have no fees.
Though they can be a great option for budgeting, many prepaid cards have associated fees for withdrawals or reloading.
Myth 4: You cannot withdraw winnings to a different payment method than you deposited with.
This isn’t always true; while it’s best to use the same method for withdrawals, casinos may allow alternatives based on their policies.
By understanding these aspects of alternative payment methods at ohmyspins casino, you can make informed decisions that could enhance your overall gaming experience. Always review the specific terms and conditions of each payment option to maximise your playtime and potential winnings.