InstaDebit Online Casino Payment Method Review

InstaDebit is an online banking payment method that is quite popular among casino players in Canada. In this article, we will list out all its characteristics and will let you know how to use for it online gambling. We will give you step-by-step instructions on how to make deposits and withdrawals with InstaDebit and will provide you with a list of five viable casinos. We will cap it off with InstaDebit’s pros and cons, so you can make up your mind whether to use it or not.

Top 5 Casinos with InstaDebit

Lucky Nugget

Lucky Nugget, a brand from the Citiviews group of companies, has been operational since 1998. The site runs an offshore casino service within the borders of Canada, thanks to licences from the Kahnawake Gambling Commission and the Malta Gaming Authority. The casino provides new users with a welcome bonus of up to 200 CAD at 50x rollover and hosts some 400 eCORGA-certified games. On the platform, you’ll find popular titles from Microgaming like Retro Reels, Hitman, and Burning Desire. Read our Lucky Nugger review to find out about available payment methods.

Kahuna

Another viable option that supports InstaDebit is the Curacao-authorised Kahuna online casino. The platform has an appealing welcome package (4,000 CAD and 200 free spins), which is split in parts all the way up to the tenth deposit. The game library is also abundant, with 2464 titles from suppliers like Microgmaing, Pragmatic Play, Quickspin, iSoftBet, and others. At Kahuna, you can spin a few rounds on the classic Mega Moolah or choose from multiple variants of video poker, roulette, and blackjack. Read our Kahuna review to learn more.

CosmicSlot

CosmicSlot is an offshore operator with one of the best withdrawal limits. The operator is authorised by Curacao. The large game variety – over 2,500 games – comes from partnerships with over 50 famous software developers. The payments section is also packed with options, but the real strong point is that the withdrawal limits are set at a high 10,000 CAD per day. Withdrawal processing times range from 24 hours to 72 hours. To read more about the CosmicSlot review, read our review.

20 Bet

Another Curacao-licenced casino with plenty of gaming options is 20 Bet. The casino has a strong emphasis on pokies and on progressive jackpot slots in particular. There are over 1,000 big-paying pokies on the site, in addition to hundreds of classic table games and around 100 table games with live dealers. In terms of bonuses, new users can win 330 CAD and 170 free spins at a 40x rollover requirement. You can read our 20 Bet review to discover the banking options and all other details.

King Billy Casino

The mobile-optimised operator King Billy casino is also worth your consideration. You will find over eCORGA-tested games on this platform. In Canada, King Billy is available as a fully licenced offshore operator. It has a licence from the Curacao government. In terms of bonuses, variety is excellent. The standout bonus is worth a whopping 2,500 CAD in cash and 250 free spins. Once again, you can learn about the payments and all other details in our King Billy Casino review.

How to use InstaDebit

To use InstaDebit, you need to register on instabet.com. One of the prerequisites of being able to use InstaDebit is to have a bank account at one of the supported banks in Canada. Once you have an account, you can start using it straight away and go through the account confirmation and bank verification process at a later date. Have in mind, InstaDebit is available to Canadian citizens that are above 18 years of age. During the registration process, you’ll be asked to provide proof of identity and a Social Security Number.

InstaDebit charges the following fees: 1.95 CAD per deposit to merchant and 2.00 CAD for withdrawals to bank account.

Making Deposits with InstaDebit

One of the fortes of InstaDebit is that making deposits is a simplified process. To make deposits at any casino, you need to visit their website, click on the Sign Up button, and create an account. To make your first injection of real money into your new account:

1. Find the banking section and select ‘Make a Deposit’.
2. A list of payment options will appear. Pick InstaDebit.
3. Specify the amount. There is a minimum of 10 CAD at most casinos, but the number varies from operator to operator.
4. You’ll have two options of payment via InstaDebit: from your InstaDebit funds or via a wire. The former will draw money from your linked card, while the latter is just like a bank wire (it will take up to 5 business days).
5. Complete the transaction.

Making Withdrawals with InstaDebit

Withdrawals are even easier. You simply need to repeat the first steps you used for deposits (log in, head to the cashier) and then:

1. This time, choose the withdrawal
2. Once again, select InstaDebit.
3. Input the amount and confirm.
4. If you have logged into your Instabet account, the transaction will go through.

You should receive access to your newly withdrawn funds within a couple of days.

InstaDebit Security

InstaDebit uses online-banking-grade security. The encryption algorithms and multiple-level authorisation procedure basically guarantees that your account and money movements will be 100% safe from prying eyes and ill intent. What’s more, InstaDebit put some distance between your bank account and the merchant, so privacy also receives a boost. Every time you make a payment, the receiver of that payment does not get the sensitive banking details of the source of the payment.

InstaDebit Pros and Cons

With more and more online payment systems emerging every year, it’s sometimes hard to choose one. It would be entirely better if people are given the short version of advantages and disadvantages of payments, so they can make up their mind which one to use. InstaDebit’s pros and cons are as follows:

Pros

• Both Deposits and Withdrawals are a matter of several clicks.
• Multiple currencies supported
• Top grade security
• Excellent customer support
• InstaDebit accepted by tons of casinos

Cons

• Small fees per transaction – around 2.00 CAD
• Only works with banks from the list of InstaDebit supported banks

Conclusion

InstaDebit is one of the most user-friendly payment systems in Canada. Everyone can use it with minimum effort. What’s more, it is widely supported by casinos in the country, giving you access to thousands of games and attractive bonuses. It’s truly a good choice for online casino gaming.