US Poker Deposit Methods

US Poker Deposit OptionsWithout a doubt one of the biggest challenges facing US online poker players has been making deposits. The ease of which players could fund their online poker accounts after the passing of the UIGEA act in 2006 made it more difficult to deposit into US poker sites for many players.

If you are located in the United States, depositing funds using popular e-wallets like Neteller and Skrill (Moneybookers) is no longer possible, since these payment services don’t accept US customers and widely used Paypal doesn’t permit gambling transactions.

As a result, US players have had to explore other poker deposit methods in order to get their online poker fix. Fortunately, however, there still are a number of online poker deposit options for US players.

Below you will find a list of popular deposit methods for online poker players from the United States.

Credit Cards

As a new US poker player looking to make a deposit into an online poker site for the first time, one should be looking at using a credit card for deposits. It’s a fast and efficient method for sending money. After successfully managing to make a credit card deposit, you may be asked by the poker site to send them a copy of photo ID and a copy of the credit card used – a security measure implemented to prevent fraudulent transactions.

Visa and MasterCard issued credit cards are easily the most widely accepted and convenient deposit methods for American players. One of the biggest advantages of depositing with this method is the instantaneous deposits, so you will see the funds in your account within seconds assuming the transaction is approved. You can also expect fairly low minimum deposit requirements. Some online poker sites will also have American Express as an accepted deposit method although it’s not nearly as common as Visa/MasterCard.

If for whatever reason your credit card is not approved you can try again. After that if it still doesn’t work you will need to try out one of the other available deposit methods. Keep in mind, however, that you can’t withdraw back to a credit card, so before making a deposit with any poker room, you’ll want to make sure there is a convenient way to withdraw your winnings.

Money Transfer Services

Western Union is a popular money transfer service that has become a convenient method for transferring funds online including deposits into online gambling sites. The process of sending funds using Western Union to US-friendly online poker sites is a two step process but straightforward all the same. First, players are required to obtain information from the poker site so they can transfer the money to them. Then you must go to a Western Union location or go online to complete the payment. If you check their website you can find out which WU location is closest to you. There is a fee to send money but no fee to receive it. It’s a very secure payment method for poker deposits although the fees for sending money can be quite substantial especially for smaller deposits. Once you make the payment, the payment is made instantaneously to the poker site, so you should have access to the funds in your bankroll and be able to start playing basically straight away.

MoneyGram is similar to Western Union, and the fees associated with sending money using this method is generally less. You can send money online, in person at a MG location, or on the phone. You can check their website to find out which Moneygram agent locations are nearest to you.

eChecks

eChecks are an electronic version of a paper check and a fairly popular deposit method for US poker players since transferring money using this method doesn’t take long at all. Unfortunately post Black Friday there are no US-friendly online poker sites that accept echeck deposits, but money transfer services like Western Union and Moneygram allow you to deposit using an echeck, allowing you to still deposit using this method albeit in an indirect way.

Checks

Checks are another way to add funds to your account if you are located in the USA. You simply have to post a check for the amount you wish to deposit, and then once it clears, the money will show in your account. But before doing that, you will need to first get in touch with the poker site to find out whom the check should be made out to and where you should be sending the money.

Of course, the downside of sending money using paper checks is the time it takes for the funds to become available to starting playing in real money games. Unfortunately though this deposit method is not available at most US-friendly rooms. It is a lot more common to see this option available to all players for withdrawals only.

Bitcoins

Bitcoin poker sites have become more and more popular in recent years, especially for those residing in the United States as the online poker landscape has changed, for the most part, for the worse. At bitcoin specific poker sites, they only accept bitcoins, which is a relatively new virtual currency. The deposits are instantaneous and it’s a very secure method for making a deposit into an online poker site. Withdrawals only take a few hours as well once they’ve been confirmed.

This crypto currency has became a popular deposit method for US online poker players mainly due to its anonymity. This allows the players to remain anonymous if they so desire. The downside though is it’s a bit of a gamble, since the value of a bitcoin fluctuates, meaning come the time you make a withdrawal, if bitcoin drops in value, so does the value of your bankroll, once you convert your bitcoins to USD.

There are 3 main ways to obtain bitcoins so that you can play at bitcoin poker sites. By using specialized software you can mine for bitcoins. Receiving BTC in exchange for goods or services is another option. Alternatively, you can purchase them on any bitcoin exchange. Given that the bitcoin currency isn’t yet mainstream like Paypal or credit cards, as would be expected, the traffic at some of these bitcoin poker sites is still fairly light.

Any of the above US poker deposit methods will suit you well in your quest to fund your online poker account. The good news is that the majority of all the top US poker sites will have many if not all of these options available for you to deposit in USD.