Nowadays, people who enjoy placing bets prefer to do it through online casinos, and this is due to the large number of benefits they can obtain. This has caused players to search for safe and easy-to-use options for making deposits and withdrawals.
In the case of Russia, the simplest is Yandex Money. This system for making payments was created in 2002 by Yandex, a Russian-born company established in 1997 as an online search engine. The Yandex Money project emerged as a partnership with PayCash, and it even became the first online payment system that allowed you to top up your balance within the Skype platform.
During its first years, Yandex had as a main priority to develop search algorithms, but eventually, they ventured into the development of other different projects.
Today, Yandex Money has about 68 million users. This is because Russia is the most significant internet participant in the area, and Yandex is its most important website, with almost 100 million daily searches.
That is why it was very natural for this Russian search engine to have also become the most extensive online payment provider in its local market: The Yandex electronic wallet already has 18 million accounts open, and the numbers are growing daily. Therefore it is no surprise that various casinos are accepting Yandex Money as a means of payment for online betting.
One of the main characteristics of Yandex Money is that it offers the same attributes to different users as other similar electronic wallets. In this wallet, it is possible to store money in the account, pay for purchases, fines, utility bills, and, best of all, make deposits in different online gaming services.
Likewise, it is very easy to manage the Yandex Money account, on the one hand, it is possible to request the sending of a debit card to be able to pay in stores and withdraw money from the different ATMs. On the other hand, this wallet can be managed, in real-time, through the app for mobile devices, or on the website of this service provider.
This is how to make a deposit in a casino using Yandex Money:
Before you can deposit in an online casino using Yandex Money, you need to have a wallet on this platform, and available balance.
Creating a digital wallet is not difficult and takes less than 5 minutes. If you already have an email in Yandex, this wallet will be generated automatically, and all you need to do is activate it.
If you do not have a Yandex account, you should only register on this page by filling out a simple form. When you have your Yandex account created and activated, you can enter the funds you need to be able to bet in the different online casinos.
The deposit of money can be done in different ways; you can buy prepaid cards, transfer money from the bank account, or make deposits from any bank in Russia. This money, once credited (which can be available between a few minutes and a day) in most cases, or between 2 and 5 days in the case of bank transfers), it can be used when desired.
To deposit at the casino, you must log into your account at the selected casino, click on the "Cashier" option, and go to the option to make a deposit. Here you must indicate to the system that Yandex Money will be used as a means of payment, and then follow the system's instructions.
The money will be immediately credited to be able to play and gamble in online casinos.
If you want to withdraw money from a casino using Yandex money, you should do the following:
Before withdrawing money to the Yandex Money account, it must be verified that the casino accepts this method. If so, you should only select the withdrawal option within the cashier panel of the casino and proceed to choose the amount and provide the Yandex Money account data.
It is very important to highlight that some online casinos only accept to withdraw money by this means of payment if a deposit has been made with it previously in the last year.
These are some of the pros of using Yandex Money:
Among the cons of this wallet are:
Is It Safe to Play at Yandex Money Casinos?
Yes, casinos that operate using Yandex Money as a means of payment comply with Russian financial regulations, so they are safe.
Do Every Casino Accept Yandex Money?
No, although Yandex Money has a large number of users, they are mostly concentrated within Russian territory, which limits the amount of casinos that accept this payment method.
Are Yandex Money Casinos Legit?
Yes, casinos that accept this means of payment do so legally and in compliance with consumer protection laws.
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