Casinator.com logo

E-gold and Digital Gold as Payment Methods at Online Poker Rooms, Casinos and Sportsbooks

Homepage Online Poker Online Casinos Online Sportsbooks No deposit Offers Hot! Contact us Sitemap

e-gold and digital gold at online poker rooms and casinos

e-Gold and other DGC's in online gambling

online poker rooms and casinos accepting e-gold and digital gold

What are DGCs and e-gold?

DGCs are digital gold currencies. e-Gold belongs to DGCs and it is most popular and used one and most reputable as well. Digital gold represents real physical gold that is traded via computer and information networks Actual gold bullion is owned by you and stored on your behalf. The gold is stored in vaults. You can spend your gold to other users instantaneously over the web and you can use it to make deposits and withdrawals at online gambling sites.

There are not many online poker rooms, casinos and sportsbooks that use DGCs but we expect that especially after recent events in U.S. more and more online casinos and poker rooms will start accepting deposit and withdrawals using DGCs.

Why is digital gold so popular?

Digital gold is becoming more and more popular nowadays. There are three main reasons why people think that it pays off to use digital gold:

  • The first reason why still more and more people choose digital gold is that deposits are protected against inflation, devaluation and other possible economic risks inherent in regular currencies.
  • The second reason is low costs of digital gold. Creating an account at DGC costs nothing. Making a payment costs nothing. The maximum fee for receiving any digital gold payment is around 50 cents.
  • The third reason is that digital gold payments settle in seconds. You have spendable money right away in your gambling account and the withdrawal are also super fast.

Digital gold as an investment

Many players at online casinos, poker rooms and sportsbooks have their winnings deposited in their casino, poker or sportsbook account. Or after they have withdraw it they can keep it in their Neteller or Epassporte or other payment processor. Or they can just withdraw these winning into their bank account. What happens with all this money is that even if you are winning player you are actually losing your money in your casino, poker or bank account because of inflation. Even if you get 2% interest in your bank account you are still losing because of 3%-10% inflation depending on the country you reside.

The reason why you do not lose your money when you keep it in digital gold account is that your deposits are 100% backed by gold and gold is great mean to store value. You could buy a suit for pound of gold that was 100 years ago worth $10. Today when pound of gold is worth $300 you can still buy a suit. If you had that money in your pillowcase you wouldn't be able to buy for $10 very much now.

DGCs providers

DGC offers a truly global and borderless world currency system which is independent of exchange rate variations. There are no specific financial regulations governing DGC providers, so they operate under self-regulation. Casinator.com brings you the best providers so that you know your money is safe and you get the best customer service.

Gambling sites accepting digital gold

There are not many reputable gambling sites that will meet strict criteria of Casinator.com that are accepting digital gold. Software of most of these sites doesn't meet our requirements for RNG (random number generator) and also the user interface looks not the best. Many of these casinos just take your money. That's why Casinator.com chose only the best gambling sites accepting digital gold. Your money is safe at these gambling sites and you will enjoy your gambling experience at these gambling sites accepting digital gold.

Update! Recently also the few reputable gaming sites have withdrawn from using e-gold as payment method. That is because of many problems with e-gold webpage. E-gold claims that money of their customers is safe but e-gold site was down quite a lot last few months what resulted in losing credibility of e-gold and for now also Casinator.com recommends you to use different more reliable payment methods till e-gold problems will be solved and official statement will be issued.

On April 24, 2007, a Federal Grand Jury handed down an indictment charging e-gold Ltd., Gold & Silver Reserve, Inc., and the Directors of both companies with money laundering, operating an unlicensed money transmitter business, and conspiracies to commit both offenses.

Dr. Douglas Jackson, Chairman and Founder of e-gold, speaking on behalf of his fellow Directors and both companies vigorously denies the charges, taking particular exception to the allegations that either company ever turned a blind eye to payments for child pornography or for the sale of stolen identity and credit card information.

e-gold and gambling in US

There is a statement regarding this issue on e-gold webpage:

"On October 12, 2006, the Safe Ports Act was signed into law in the United States. As a result of the Safe Ports Act and the Unlawful Internet Gambling Enforcement Act of 2006 contained in the Safe Ports Act, the facilitation of many forms of Internet gambling by persons located in the United States has become a proscribed activity. With the objective of preventing the use of e-gold by United States persons for unlawful online gambling, e-gold has deployed a feature whereby any e-gold account holder may configure their e-gold account(s) to block incoming e-gold Spends from accounts controlled by Users residing inside the United States or who are accessing the Internet from within the United States. Online gambling businesses using e-gold are now required to enable this new account attribute."

Based on this statement it is responsibility of gambling sites to block incoming e-gold payments from U.S. residents. Some of the gambling sites does and some of them do not.

 

Founded 1996
Annual storage fee
Receiving transaction fees
Account funding
1%
1 - 5% ( max. 0.05 gold grams)
digital currency exchanger
e-Bullion deposit method at online casinos and poker rooms
Founded 2000
Annual storage fee
Receiving transaction fees
Account funding
4 gold grams
0%
digital currency exchanger and wire transfers accepted

 

 

Because of recent problems with e-gold Casinator.com recommends you to use more reputable payment method Moneybookers.

Moneybookers payment method at online casinos and poker rooms

Moneybookers is payment method that you can use at online gambling sites for funding or withdrawing money to and from your gambling account. With zero fees when depositing and withdrawing and only charging flat fee for bank account withdrawal Moneybookers is number one payment method for Casinator.com

Best Poker Rooms Accepting Moneybookers
Deposit using Moneybookers
Pitbull Poker accepting e-Bullion deposits and withdrawals
Deposit using Moneybookers
Bonuses Offered
 
200% up to $300
100% up to $50 instant
$10 free no deposit
E-gold deposit method at online casinos and poker rooms
Best Poker Rooms, Casinos and Sportsbooks Accepting e-gold
E-gold deposit method at online casinos and poker rooms
5 Dimes Casino and Sportsbook accepting e-gold deposits and withdrawals
E-gold deposit method at online casinos and poker rooms
Bonuses Offered
 
Casino
25%
Cashback
Sportsbook
20%
up to $1000

Free Money To Play Poker No Deposit Required

Mailing List


Be first to know and never miss info about new gambling sites that start accepting digital gold!

Join Casinator.com mailing list

We will never sell or release your email address, ever! (privacy policy)

Free Casino Money No Deposit Required

 

 

casino software casino bonus casino odds free money casinos free casino play casino payout best blackjack best casinos online poker poker bonuses freerolls sit and go  free money poker rakeback poker pros  learn poker sports betting