Poker Deposit Options

written by: John

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When it comes to how you will fund your online poker account, the hefty variety of options can quickly get very confusing. Some online poker rooms accept certain methods, while others have an entirely different list of payment options all together. The most common processors, like NETeller and moneybookers, will be available at the majority of online poker rooms; however, if you are in the US, you cannot use most common forms of payment and must get a little more creative when it comes to padding your virtual bankroll.

See which poker sites accept which deposit option by clicking on any of the deposit options below.

Credit Cards

Credit cards are usually the easiest way for US players to deposit; however, it is very hard to make a withdrawal back onto a credit card. In fact, some online poker rooms don’t even cashout to MasterCard at all, and if they do, you can only cash out less than or equal to the amount of your deposit. Some people don’t find this frustrating (especially if they never try to withdraw cash and are just constantly feeding their chip stack and never getting anything back out of it).

The recent trend in credit card payments is to use American Express, and while some online gambling sites boast the well-recognized logo of AmEx, the American Express company has publicly stated that it wants nothing to do with the funding of online gambling activity and will actively file suit against any online website accepting this card from players for cash deposits. But in the world of online gambling, virtually anything goes, and many gambling sites do accept this payment method anyway. They simply process it under something other than “online casino,” and the payment goes through. This is more common at casinos than poker rooms though, as there seems to be a more watchful eye on online poker rooms at the present than on casinos. The best alternative to using a credit card to fund your online poker from the US is eCheck, which cuts a check right from your bank account.

Ewallets

Credit cards are sometimes preferred by European players, as the European card companies tend to be more accepting of online gambling payments, but likewise, so are e-wallets like NETeller, moneybookers, Click2Pay, clickandbuy, and eWalletXpress (these are the most widely used), which have much more to offer in terms of service than the credit cards. Alternatively, prepaid cards like paysafecard and Ukash are also widely acceptable in countries throughout the world for viable funds transfers into online poker accounts, though not so much in the US.

The bottom line is that it’s just easier to process payments to online gambling institutions from pretty much anywhere else but the US. However, that doesn’t mean it can’t be done. In fact, it’s being done every day because there’s so much money getting passed around, the online financial institutions will find a way around violating the UIGEA (or just blatantly violate it and hope for the best) before they give up their piece of the billion dollar online gambling industry.