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InstaDebit Services Response • Mar 06, 2020. In our test, it was a draw (2:2). Founded in March 2003, it has been around for almost two decades and is showing no signs of slowing down. Let's take a look at the pros and cons of using InstaDebit to gamble in more detail: Safe Payment Option. Launched in 2013, Instadebit is a Canadian online payment system developed to offer a safe and swift way to make a deposit to an online business, such as an online casino, directly from your bank account. Almost all online casinos and gambling sites offer new players a welcome bonus, which usually consists of a cash bonus, free spins or both. Preview. Instadebit Inc. INSTADEBIT eWallet is an electronic wallet that lets you securely transfer money directly to and from your bank account. The process of paying the casino sites using a credit card takes longer and is risky. 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