Poker Deposit Methods

Being able to deposit easily and quickly into online poker sites is definitely one of the most important considerations when it comes to deciding upon which online poker site you should play at.

So what is the list of the most popular poker deposit methods available? There are lots of different poker options with some of them being more convenient than others. Of course, before making a deposit into any online poker site, you will need to make sure the poker site actually offers the deposit method you would like to use.

This list of available poker deposit methods, although not exhaustive, can help you to find a usable deposit option, but it will also depend on the location of the player. Chances are that if it’s a popular way to deposit into poker sites, then it will be listed in the “Cashier” of the poker client.

Credit Cards and Debit Cards

Credit cards and debit cards are a very popular way for online poker players to deposit funds into their accounts so they can start playing online poker.

Visa/Mastercard issued cards are accepted at all online poker sites. You’ll also find that Amex and Diners Club issued cards are accepted at a lot of sites. Just because a deposit method is accepted doesn’t mean it will work for you.

If your credit /debit card is declined, you should try depositing with the same card again, or you can try using one of the other poker deposit methods discussed below.

Neteller

Neteller is a money transfer service that is popular among online poker players. Neteller is a service to send money via Internet with which you can fund your poker account using credit/debit cards and other deposit methods. Neteller is like a “virtual bank”. You can deposit, withdraw, and pay for any service that accepts payments made by Neteller.

To open an account with Neteller, you must first access the site www.neteller.com and click on the option “Join for free” to register. After completing the sign-up form with your real data and a valid email address, you will receive confirmation of registration by e-mail with the steps you should follow to make the deposit into your preferred online poker site.

Skrill

Skrill, formerly Moneybookers, is another money transfer service, which gives you the opportunity to send and receive online payments securely and in real time with e-mail, making it easy and convenient to deposit into online poker sites using your credit card or bank account. Skrill is regulated by the Financial Services Authority (FSA).

EcoCard

EcoCard is an alternative method of payment used frequently in Europe as well as Canada. EcoCard is affiliated to a large network of European banks and allows you to make your deposits in a variety of different currencies including US Dollars, Euros and British Pounds. You can fund your EcoCard account through cash payments for internet banking, or bank transfer. To open an account with EcoCard visit the website at www.ecocard.com and click the “Sign Up” button.

PayPal

PayPal is another excellent option for online poker players in the UK as well as a number of European countries. For this reason, you will see this payment service available only at UK-friendly poker sites. Everyone would be familiar with using PayPal for sending and receiving money online, although unfortunately the company doesn’t process gambling transactions of any kind in the majority of world wide gambling markets.

Wire Transfers

Most online poker sites will allow you to make deposits using wire transfer. If you wire funds directly from your bank account, you can transfer funds into your online poker account using online or telephone banking or in person by making the deposit at your local branch. Wire transfers can take several days for the funds to show up in your bankroll. Players must realize that fees are usually incurred when you deposit with this method.

Bitcoin

Bitcoin is a “virtual currency” that is gaining in popularity, especially in the online gambling world, due to the anonymous nature of sending and receiving money with this currency. Depositing with bitcoin is instantaneous and withdrawals rarely take much longer than a few hours.

The risk when depositing with bitcoin is that the value of the currency is fluctuating on a daily basis. As of right now, the prices of bitcoins are just below $500, although over the past 12 months it has peaked at over $1000. So, if you deposit into a poker site using bitcoins, you just hope that when it comes time to make a withdrawal, the price hasn’t dropped.

Bitcoin is a good way to deposit into poker sites for US players. Following the UIGEA, it became more difficult for players from the United States to deposit into online poker sites with credit cards and e-wallets, and so many people have turned to alternatives such as bitcoin.