Best Poker Deposit Methods 2011
Online Poker has become incredibly popular in such a short space of time. From 1998 when Planet Poker launched the first ever online poker room, to 2011 when there are now more than 500 poker skins operating on a plethora of international poker networks. .
The rise of online poker has led to huge variety of safe poker deposit methods too. Online poker players can choose from a range of Instant Deposit Methods, eWallets and Credit Card deposit options which provides an accessible way for poker players to fund their real money accounts online.
How Do I Deposit Online?
Luckily for you, there are a swarm of safe deposit methods that you can make online from your computer to fund a real money account. Most online poker sites have a minimum deposit of $10. This allows you to make a small poker deposit without risking too much money in order to start building a poker bankroll. Be aware however that some poker sites will have a higher minimum deposit requirement. Many US-friendly poker sites such as UB.com have a minimum deposit requirement of $50.
Most poker sites accept your payments via a Online Payment Processor. These are the automated payment systems that are used in the Cashier section of the site in order to process your deposits through a Credit/Debit Card or specific eWallet. The main advantage of making payments through these systems is that they are quick, secure and automated. Most Online Payment Processors will allow you to fund you account instantly (withdrawals however tend to take 24-48 hours to be processed).
There may be geographic restrictions on Online Payment Processors for different poker sites. For example, since the UIGEA 2006, all US poker sites decline Credit Card payments and popular eWallets such as MoneyBookers from US players.
Most Popular Poker Deposit Methods
Using a Credit/Debit Card is by far the most popular and easiest way to fund your online poker account. Credit/Debit Cards such as VISA, MAESTRO and American Express are accepted by 99% of poker sites as available deposit methods.
Funding your poker account using a Credit Card is done just like you would do when you do when buying anything else online. A payment processor will ask you for your Credit Card number, Security Details and personal information. If successful, your deposit will be approved in literally seconds and you can start playing real money games immediately. Withdrawals via Bank Transfer or Credit/Debit Card also tend to be the fastest and easies too.
eWallets such as MoneyBookers, Neteller and PayPal have been favoured by many non-US online poker players in the last 5 years. Unfortunately since the UIGEA 2006 came into act, the majority of these eWallets became off limits to US players. A lot of US players have struggled to take advantage of poker bonus offers like the Party Poker $500 bonus because of this.
The main advantage of using eWallets is that you can move money around very easily just like a Credit Card and make instant deposits and withdrawals. Arguably one of the advantages of young poker players using eWallets is that your parents cannot check your bank statements and where all of your money is going etc.
US eWallets: The most popular US-friendly eWallets include eWalletXpress and UseMyWallet. These are both available at popular US poker sites such as Sportsbook.com, Carbon Poker, Cake Poker and UB.com.