For pay by phone depositors, funding your casino account can sometimes feel like a love-hate relationship. Phone billing depositing methods such as Boku are some of the most efficient casino banking options around, not to mention they’re completely secure and very convenient. However, they come with a low daily depositing limit, which you may have hit once or twice.
Boku only allows it’s users to spend £30 per day. This means that one single gaming session may wipe you out and, come the morning, you’re depositing all over again. For some people, this isn’t a problem, but it can cause you to wonder if you’re depositing too often or if Boku is the right payment method for you. In today’s guide we’re discussing both the advantages and disadvantages of making daily Boku deposits, and if it’s something you should be doing.
Why Would You Make Daily Boku Deposits?
If you’re not already a Boku user, you may be wondering why someone would be making deposits so often. For e-wallet or card users, depositing even a few times a week may seem like an alien concept. This is because you’re relatively unshackled by depositing limits.
Of course, e-wallet and credit/debit card transactions do have their own limits, but these are relatively high and so if you’re not an extreme high-roller, it’s unlikely you’re going to want to deposit more than you’re allowed per day.
In contrast, however, Boku users are limited to funding their accounts with £30 per day. This is because Boku deposits are actually charged to your monthly phone bill and so they’re essentially a short-term loan until you pay your mobile network provider.
This means that both Boku and mobile networks need to make sure that their users can’t rack up huge amounts of monthly debt that they may struggle to pay back at a later date. In short, the daily Boku depositing limit allows the service to keep functioning, but that isn’t to say it isn’t a nuisance sometimes.
For Boku users, one single session at the casino can make them hit their daily limit. That’s without even considering the times where you may be spinning more than often to cash in on a casino promotion or win a tournament, for example. This may mean that you’re depositing again the next day and again the next. In general, this isn’t a problem and there’s even benefits to doing so, however it does have it’s drawbacks too.
The Advantages Of Making Daily Deposits
One of the main, and most obvious, advantages of making daily Boku deposits is that your casino bankroll will be healthy, so you can play all the games you want to. On top of having a daily limit of £30, Boku also doesn’t allow you to make a deposit of over £10 per transaction.
This means that your funds can run out very quickly and no one likes to be caught short when they’re in the middle of a lucky streak! Depositing daily means that you can enjoy the casino to the fullest extent, without the worry of running out of cash at a vital moment.
Making daily deposits can also help you keep track of your spending and get a hold on your casino budget. If you start the day knowing you’ve only got £30 to spend, you’ll be more wary of making risky moves when you know you’re close to your limit. Furthermore, it means that you can’t lose so much in one sitting.
Every responsible gambler knows that they should always be prepared to hit a rough patch and understand that they could lose everything they bet. Making smaller, more frequent deposits makes these losses easier to control, as you can only forfeit what you’ve funded your account with that day.
Whilst both of the advantages above may seem a little unexciting, one of the best benefits of depositing daily is that you’ll be able to cash in on every casino promotion going on! Online casinos run promotions throughout the week on different days and if you’re depositing every day, you’ll almost certainly pick up a few. If you want to maximise how much you earn, however, it’s wise to check the casino’s promotions page as sometimes they’re ran at different times of the day.
The Disadvantages Of Making Daily Deposits
Of course, making daily deposits is a hassle. Even Boku deposits, which can be made in a matter of seconds, mean visiting the banking page and going through the payment process. When you’re doing this once a day, it can become tedious very quickly.
If you are finding depositing daily to be annoying, it may be time to assess if pay by phone banking is for you. Whilst Boku is one of our favourite banking methods, it can’t be for everyone and those who keep hitting the daily £30 limit may want to consider using an e-wallet service or a credit/debit card.
Futhermore, depositing every day can actually mean that you’re not getting the most out of what bonuses and promotions are available at your casino of choice. Whilst we’ve already acknowledged that depositing daily can mean that you pick up promotions throughout the week, many of these will be deposit match bonuses.
In these cases, it can be more beneficial to deposit a large sum of money at once, as the casino may offer you a higher percentage bonus if you’re depositing more. Moreover, there will inevitably be days where there’s no promotion or bonus available and therefore you’re losing out compared to players who only deposit when they can get a little more bang for their buck.
Finally, depositing daily can be a sign of a bigger problem. If you find yourself constantly funding your account, it may be a good time to reflect on your gaming habits. Of course, there’s nothing wrong with visiting the casino every day, but it’s always wise to be aware of the fact that gambling can be highly addictive.
If you do think that you’re having trouble with your spending or with your own will-power, make sure you reach out for help as soon as possible. This could be by contacting us and asking us to block your account for a while or simply by talking to a friend — you can read more about problem gambling here.