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ELV Casinos

9.4 
Updated: 09.07.2024
Reviewed by Fabio Duarte
Fact checked by Nikita Lukanenoks

Those of you who would like to make payments without bothering themselves with cards and e-wallets can choose something simpler and quicker – ELV also known as Elektronisches Lastschriftverfahren or Lastschrift, for short. A common payment method in Germany, ELV is well respected for its simple usage, good security and zero fees! How can you use it though? What are the casinos that accept ELV? Let’s see!

Best Online Casinos Accepting ELV in 2024

Top rated 1
Verde logo
6.6
Welcome pack: up to €1,200 + 220 free spins
  • More than 3,000 games
  • Responsive 24/7 support
  • Availability of a mobile app
Play
Top rated 2
Spin Samurai logo
7.4
Welcome Package: up to €800 + 75 Free Spins or €3,000
  • Two variations of a welcome bonus
  • Games from well-known suppliers
  • Loyalty program of 2 types
Play
Top rated 3
N1 Casino logo
6.4
Welcome Package: up to €4,000 + 200 Free Spins
  • Fast payouts and lots of payment options
  • Over 4,000 games
  • Lots of tournaments and Drops and Win events
Play
4
Ivibet logo
6.4
Welcome pack: up to €300 + 170 free spins
  • Multiple deposit bonuses
  • Fast withdrawals
  • Cashback reward for VIP players
Play
5
Ice Casino logo
8.1
Welcome Package: up to €1,500 + 270 free spins
  • Four deposit bonuses
  • Vast selection of payments
  • Loyalty rewards and promos
Play

How to Play in a Casino for Real Money Using ELV

  • 1

    Register for an ELV account

    Now the good thing about ELV is that this payment system doesn't require you to create an account - instead, you need to have an account at a German bank that supports ELV.
  • 2

    Choose a casino and make a deposit

    Select which ELV casino you wish to play at, and when you do, select ELV (sometimes referred to as Lastschrift) as your payment method. Lastly, deposit money into your casino’s account.
  • 3

    Start playing

    Next, you can relax and have fun, play whatever casino games you want, and once you win some cash, proceed to the next step.

  • 4

    Withdraw your winning

    Cash out your winnings whenever you want, which you can do by going to the Cashier section and selecting ELV as your withdrawal option.

General Information about ELV

General Information about ELV

Best ELV casino Ice Casino
Fastest withdrawal ELV casino N1 Casino
Best payout ELV casino Verde
Highest bonuses ELV website Ivibet

ELV oftentimes referred to as Lastschrift is a popular payment method used to make different transactions, including for gambling. While other countries allow you to use ELV for transactions – such as the UK, some in Asian region countries, Australia, and so forth – this is a payment system designed specifically for German players. That’s because to use ELV you need to have an active German bank account.

  • How does ELV work?

    How does ELV work?

    ELV is a straightforward and easy-to-understand system, which works like an electronic debit procedure. Namely, when you want to make a transaction at an ELV online casino, you will need to select this payment method, input the info related to your bank (its name, account number, etc.) and then authorise the casino to make a withdrawal or deposit. That way, it is a lot more convenient, and you also don’t have to add the card details.
  • Security of ELV

    Security of ELV

    ELV is as safe as your bank is because this payment system doesn’t have its security. When you are making a transaction, it goes through your bank and this transaction is secured by your bank. Given that all the banks in Germany are regulated by the German Federal Financial Supervisory Authority, you can be certain that your data is secure, and all your funds are protected well.
  • What are the ELV deposit limits?

    What are the ELV deposit limits?

    The minimum you can usually deposit with ELV is $10 but this amount can vary depending on the casino ELV you play at. As for the maximum amount, the good news is that there is no limit on how much you can deposit with ELV; The only limit you may face is one set by the casino itself.
  • Can I claim ELV bonuses?

    Can I claim ELV bonuses?

    You can claim bonuses if your ELV casino has them. Namely, you need to create an account at your selected casino and see all the available bonus offers there which can be received upon depositing with ELV.

  • How fast are ELV withdrawals?

    How fast are ELV withdrawals?

    The withdrawals are sadly one of the most disappointing aspects of ELV since they can take some time. While deposits at ELV casinos are oftentimes instant, the withdrawal using this payment method can take from 3 to 5 business days. Though this process may be completed sooner.
  • ELV Casino Transaction Times and Fees

    ELV Casino Transaction Times and Fees

    There are no fees you have to pay for depositing with ELV, but you may have to pay a fee if your ELV casino has it. As for transactions, the deposits are almost always instant, while the withdrawal can take up to 5 days.

How to Deposit at ELV Casinos

It’s not that hard to deposit at a casino with ELV; This can be done in just several steps:

1. Sign up at ELV to gamble

Sign up at ELV to gamble

You don't need to make an ELV account, but you do need to have an exciting bank account, which has money you will be depositing.

2. Find an online casino ELV offer

Find an online casino ELV offer

Select which ELV casino you are going to play at.

3. Register at the casino with ELV

Register at the casino with ELV

Create an account on one of the casinos that accept ELV – this is usually a simple and quick process.

4. Select ELV as a deposit method

Select ELV as a deposit method

Once you register on the platform, go to the Cashier section of your ELV casino and select this payment method; Sometimes it can be referred to as Lastschrift.

How do I deposit using ELV?

  • Select which casinos with ELV you want to play at
  • Create an account on the platform of your choice
  • Go to the Cashier section and choose ELV as your payment system
  • Add the info about your bank, specify how much you want to cash in and confirm the transaction

How to Withdraw from a Casino Using ELV

ELV also allows you to withdraw from casinos with this payment system, and you can do it the following way.

1. Open the online casino cashier

Open the online casino cashier

After you have won some money and wish to withdraw it, the first thing to do is to go to the Cashier section.

2. Select ELV from the withdrawal options

Select ELV from the withdrawal options

Then, select ELV – or Lastschrift – as your withdrawal system.

3. Withdraw as much as you want

Withdraw as much as you want

Next, you need to specify how much you are going to cash out and confirm the transaction.

4. Enjoy your winnings

Enjoy your winnings

After all this, you will soon be notified that the money has arrived!

How do I withdraw using ELV?

  • Win some money while playing at ELV casinos
  • Head to the Cashier menu and choose ELV as your withdrawal method
  • Specify how much you are going to cash out
  • Confirm the transaction and wait until your cash arrives

Best Casinos with Bonuses for ELV Users

To use this payment system, you first need to find casinos that take ELV. Luckily, you don’t need to look too far, because we have already found several of these nice places to consider!
  1. Ice Casino

    Without a doubt, one of the best casinos this industry has is Ice Casino, which has been around since 2013. In addition to having more than 3,500 different casino games, Ice Casino has a very pretty design, a good interface and plenty of promotions.

    Ice Casino
    • Licensed by Curacao
    • Has a Loyalty Program, Hall of Fame, and Tournaments
    • Has online chat
    • Available in several languages

    Ice Casino review Play here

  2. N1 Casino

    Another very good platform which has over 4,000 games is N1 Casino. This is a casino that accepts ELV and many other payment systems, and on top of that, N1 Casino also has very quick withdrawals, several available languages, a good interface, a live casino section and many more!

    N1 Casino
    • Has an internal search bar
    • Licensed by MGA
    • A lot of bonuses and a VIP program
    • Offers an official application

    N1 Casino review Play here

  3. Verde

    The casino that makes other platforms green with envy, Verde is one of the finest casinos available, having a pleasant design and a large collection of 3,000+ games. Verde is licensed by Curacao, has very good security and also many good bonuses, including a special Wheel of Fortune.

    Verde
    • The presence of a live chat
    • Has an official mobile app
    • Crypto-friendly
    • Features a Loyalty program

    Verde review Play here

  4. Ivibet

    Ivibet is a very good platform with a lot of available payment methods and – most importantly – no fees and quick deposits! This is a platform with over 2,000+ available games, a lot of bonuses and a convenient interface, available in several languages.

    Ivibet
    • Accepts crypto
    • Licensed by Curacao
    • Has VIP system
    • The presence of a search bar

    Ivibet review Play here

  5. Spin Samurai

    Last but not least, we also really recommend checking out Spin Samurai – a lovely casino with an Asian design and a good collection of over 3,700. Additionally, Spin Samurai also has a good interface with an internal search bar and the possibility to search games by provider.

    Spin Samurai
    • Has a live chat
    • Operates under Curacao licence
    • Accepts crypto
    • Good Loyalty program

    Spin Samurai review Play here

Fees and Commissions

ELV payment - Fees and Commissions

The good news is – there is no need to pay commissions or fees if you are using ELV to make deposits or withdrawals, which is one of the reasons why so many players choose this payment system. When you pay using ELV, your bank considers the transaction to be as if you were making a direct debit, so it doesn’t charge any extra fees.

However, there may be some fees that the casino itself may have, so you need to be mindful of them when choosing your ELV casino.

ELV payment - Fees and Commissions
Payment Founded Company name Deposit fees Withdrawal fees
ELV 1980 0% 0%
N26 2013 N26 Bank AG 3% 3%
iCheque 1985 Discover Bank, Member FDIC 0%
JCB 1961 JCB Co., Ltd. 0% 0–2%

Deposit and Withdrawal Time

ELV payment - Deposit and Withdrawal Time

Of course, no one knows the exact time it takes for ELV to complete the transaction and the speed it takes to cash in or out of casinos with ELV also depends on the platform itself, and several other factors, like the day of the week, your location and the location of a casino etc.

For the most part, the deposits with ELV are almost always instant, while the withdrawals are a bit slower, sadly. Usually, the withdrawal process can take from 24 hours up to 5 days.

ELV payment - Deposit and Withdrawal Time
Payment Minimum deposit Deposit time Minimum withdrawal Withdrawal time
ELV €10 Instant €10 1-5 days
N26 €10 Instant €10 2-5 days
iCheque €10 Instant
JCB €10 Instant €10 24-48 hours

Mobile Casinos Accepting ELV

There are also several best online casinos with ELV that we recommend if you are looking for a mobile casino platform that would work perfectly on mobile devices. We’ve prepared a short ELV casinos review for you below.

  1. Mobile casino app with ELV #1 - Ice Casino

    In addition to being a very good and reliable platform, Ice Casino is also fully mobile-compatible. While this platform doesn't have an app, you can still easily launch it via a mobile browser and enjoy the full experience.

    Ice Casino

    Ice Casino review Play here

  2. Mobile casino app with ELV #2 - Vulkan Vegas

    Vulkan Vegas is a great casino that has an official application that you can download at a casino. This app is available for all users – with Android or iOS devices.

    Vulkan Vegas

    Vulkan Vegas review Play here

  3. Mobile casino app with ELV #3 - Spin Samurai

    Another option you can consider is Spin Samurai, which also has an app. The application is as smooth as the desktop version of Spin Samurai, and you will be able to download it at the casino’s official site.

    Spin Samurai

    Spin Samurai review Play here

Comparing ELV with Other Payment Options

ELV is quite different from other, popular payment systems in Germany, such as PayPal. The major difference is that PayPal is a much more popular method, so it’s a lot easier to find casinos with PayPal, than with ELV support. Plus, PayPal also has much quicker withdrawals.

However unlike PayPal, ELV doesn’t have fees, and it is also easier to use, which makes ELV a better option for those that look for a simpler payment method.

Comparing ELV with Other Payment Options
Payment method Type Minimum deposit Payment time Withdrawal limits
ELV Direct debit €10 1-5 days
Airtel e-Wallet €5 0–48 hours €10,000
Cashlib e-Voucher €10 Instant
BPay e-Wallet €10 0–48 hours €100,000
CuentaRUT Debit card €1 0–24 hours €200,000

Overall Experience

9.4 
With its very simple usage and no fees, ELV is a good payment system to consider if you don’t want to bother yourself with creating e-wallets or inputting card details all the time - instead, everything is processed quickly and easily. So while this is not the most popular payment system, there are still many good ELV casinos, and if you are a player from Germany, this is certainly a decent payment method.
Fabio Duarte
Fabio Duarte
ELV Expert Opinion
With many years of experience creating gambling-related content, I know where to look for the most interesting and fresh information and know a lot about payment systems, slots and casinos. So when creating these articles I use all this knowledge and collected information to make reviews, and these are then checked by our editorial team, to ensure that everything is accurate!

FAQ

Which country ELV is available in?

While some countries may accept ELV, this payment system is mostly for German players.

Is there an app for ELV?

No, ELV doesn’t have an application.

Are ELV deposits instant?

Yes, almost always the deposits with ELV proceed immediately or within a couple of minutes.

Are there any downsides to depositing with an ELV?

When it comes to deposits, the only major downsides of ELV are that it is limited mostly to Germany and that it is not as popular as some other payment options.

Is ELV safe?

The safety of your private information and funds depends not so much on ELV but on your bank, because all the transactions go through it.

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