Deposit Methods
Depositing Money in Online Poker
Depositing money online these days is extremely simple, with online poker sites suiting the needs of every individual player. There are many ways of getting your money from the bank account into an online poker game. Here are some examples:
NETeller- is one of the world’s leading online ewallets. Its 24/7 service, fast and easy way to deposit money and global accessibility makes it one of the market’s best. You can deposit funds using MasterCard, Visa, Direct Deposit, Electronic Funds Transfer, or Wire transfer from anywhere around the globe. Cash transfers are instant and cost nothing if you are paying one of their many merchants like Fulltilt, Pokerstars etc. However, unfortunately NETeller does not except players from the USA.
ClickandBuy is another ewallet online service. One can quickly and conveniently fund ones ClickandBuy account using Online Money Transfer methods such as EPS, Giropay and iDEAL. One can also load money through a credit card or a bank transfer. Depositing at ClickandBuy is relitively simple and cost effective, incurring only minor cost with a transaction. Pokerstars is the largest of its merchants with a minimum of $10 deposit and a maximum transfer of up to $2000 in just thirty days. This service is also only available to people outside the USA.
Moneybookers- is one of the most well known and popular ewallets in the business. Their secure and safe set up allows for large amounts of money to be transferred safely from your bank to the poker table without any hassles. Like all ewallets, the money is first transferred into an account, from where it can be moved into another separate account, be it a pokerroom or sportbook etc. Their world wide approach, means that one can transfer money from anywhere around the globe in various different currencies. There is no charge, except when using credit cards, where 1,9% will be an added expense. They offer 24 hour assistance in several languages. This is excepted around the USA and elsewhere.
EwalletXpress is an online ewallet account that enables customers to transfer and send money to and from merchants that support ewalltxpress. Once you open an account, there are a few steps taken to verify ones identity. Once verified, you can load your ewalletxpress account through your bank account instantly, or utilize one of their alternative deposit options to fund another account for online poker. Also unavailable to USA residents.
Wire Transfers are transactions that you start to deposit funds from your bank account. They are usually posted the same day you initiate the transfer and the casino/pokerroom usually pays any transaction fees for a deposit over a certain amount. This deposit is well suited to the high roller as large sums of money are transferred almost instantaneously.
Western Union enables users to transfer money worldwide in minutes. They offer fast and secure online transactions. Absolute poker is one of the companies that accept Western Union. A solid method of transferring money online.
EChecks is a company that is available to residents inside the US and Canada. Their main involvement is with PokerStars, ensuring a fast and easy way to transfer money online. eChecks works the same way as paper checks do. When you deposit using an eCheck, the amount of your deposit is requested from your bank. This is the same system a paper check that you’ve written is deposited. Once the check clears, the funds are transferred from your bank account to PokerStars.
900Pay is a very popular system used to deposit money online by US residents. It is also a free service where users can safely deposit and receive funds online. To open an account with 900pay, it is as simple as picking up the phone and calling them to initiate an account. There are many online casinos and pokerrooms that offer the 900Pay option. Avaliable to people inside the USA.
UseMyWallet is a slightly different way of transferring money online as one has to obtain an invitation to do so. However once obtained, it is very simple to transfer funds to various casinos and poker rooms nationwide.
Click2Pay is a secure web wallet that you can fund instantly by a variety of methods, including ACH, Direct Debit, or Credit Card. Click2Pay allows you to pre-fund your accounts, and then use the balance to purchase credits online. It is probably one of the fastest growing payment methods in the online gambling industry. The site is very easy to use and the process of making payment is very simple. Fulltilt poker is one of the companies that excepts Click2Pay transactions to deposit money into their account. Fulltilt also offer a 100% bonus on top of your first deposit up to $600. Funds are available immediately with uploads using direct debit or credit card. It is available usually in roughly 3 working days using bank deposit or online banking. This virtual wallet can be funded by Visa Card, American Express, Master Card, in addition to others. Click2Pay is another web wallet that welcomes people from the USA.
ELV or Elektronisches Lastschriftverfahren is a way of transferring online funds for German Players only. PokerStars are one of the major sites that offer ELV transactions. There is a $10 minimum transfer with a $1000 maximum transfer. The money is exchanged from Euros to US$ without any fees, providing that the transaction is not declined by your bank due to insufficient funds or other related reasons.
SolidPay follows the same style as the other depositing methods on gambling sites. They take the money from your bank account or credit card. This simple feature makes it popular amongst people wanting to deposit money online.Something that is a little different and very important to note is that in order to make a deposit at any of the sites below using SolidPay, you must get the merchant number that is listed on the site you will be depositing to. You must then log on to your SolidPay account and start the transaction you require. All transactions are done with no added charge and are done instantaniously. The site also offers 24 hour service for any queries. Unfortunately no US residents are allowed to deposit this way.
UKash is a European prepaid debit card that allows one to purchase money for online use. There are thousands of shops around the UK, Ireland, Spain and Germany who are affiliated to UKash. You just need to buy ‘airtime’ from the shop on a card, which you then use when depositing online. There are many online casinos and pokerrooms that are merchants of the way to deposit, however this option is for European players only.
The Delta Visa is a debit card from the United Kingdom. Its simplistic approach makes it very easy to deposit money online. It is however very selective about the casinos, pokerrooms that it is affiliated to, making it a less likely option for a deposit. It is not avaliable to the US.
Instacash is one of the fastest ways to fund ones NETTeller account. One is able to make instant deposits to a pokerroom or casino by just registering and verifying your bank account. There are a few minor cost for depositing unless one does this through the pokerroom or casino who are more than likely to pay the fee. To do this, you have to go through the casino or room and select a deposit method through Instacash. There will be no extra charge once this is done. This is available for people inside the US.
Credit Cards often have various restrictions that go with them when transfering money to online gambling. However, there are various ewallets set up that i have talked about earlier, where one can transfer to them in a matter of minutes. Once in an ewallet, one can transfer to the online poker room, sprtsbook etc. at will. Depositing money this way is extremely fast and very cost effective. This is for people outside the US, unless dealing with a recognized ewallet.(moneybookers etc.)
Most pokerrooms offer bonuses on your first time deposit from anywhere from 50%-150%. Online Poker sign up bonus offers are the perfect way to earn some extra cash while you’re playing at the tables. Not only can you earn from the hands you win, but now you’ve got a secondary income as well. Many different rooms have different bonuses, however many of the deposit methods remain the same. FullTilt offers a 100% bonus up to $600. Titan Poker offers 150% increase up to $500. 888.com meanwhile offer 100% up to $400. Many other rooms offer different bonus depending on the deposit amount.
All pokerrooms have different companies associated with depositing money that follow very similar steps. People inside the US may find it a little harder to deposit money with the latest bills, however there are still many ewallets willing to accept US residents (as i have mentioned above). One room might have NETTeller as an ewallet, whilst another is affiliated to MoneyBookers (eg.) They both follow very similar steps that amount to the same result. Where ever you play, be it FullTilt, PokerStars, Doyles, PartyPoker, PKR, Chan etc. you will find various ways best suited to you to deposit your money to the table.