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Online Poker Banking Guide for 2017

Online Poker Banking Guide

Banking is an important part of online poker. While it may be the last thing on your mind when you just fancy a quick flutter, spending a short time weighing up your options now could save you a ton of cash in the long run. You need to carefully choose the best way for you to deposit and withdraw funds to your favourite online poker casino. Begin by weighing up the pros and cons between each option. Security, speed of deposit and withdrawal, transfer fees, ease of use and anonymity are all factors you need to take into account.

Some options may be more expensive but more secure, and others may boast faster transfer times but offer less privacy protection for their users. Decide what you are looking for and then read our break down of different banking options for deposits and withdrawals you make when playing online poker.


“Making payments to your favourite online poker casino is simple and secure. Whether you prefer to use eWallets or stick to your trusty credit and debit cards, you can be sure you are protected.”

Different Ways To Move Your Money

There are different categories of online banking that you can use to transfer money when playing poker online. eWallets, credit and debit cards, pre-paid top up cards are the most common and preferred forms, although there are other ways like wire transfers that don’t easily fit into these categories. Each different type has their own pros and cons. This section offers an overview of each category. Later we go into a breakdown of the specific options.

Traditional Banking Methods

Many people use their everyday debit or credit cards for making transfers when playing at an online poker site. This works out great for some, however, others prefer to keep their entertainment and living money separate, so use other methods. Debit and credit cards have the benefit of being accepted by most poker casinos as well as having great fraud protection in place.

eWallets

eWallets are a great way to keep track of your spending and to allocate yourself a set bankroll for enjoyment in most casinos that offer online poker. The best thing about eWallets is how easy and convenient they are to use. You can track your incomings and outgoings online and make payments to the casino with a simple click. They have varying transfer fees however so make sure that you get the most competitive price. Each service operates slightly differently so read through the individual descriptions of all of the most popular and trustworthy eWallets available.

Pre-Paid Cards

Pre-paid cards are another way of depositing money for online poker. This is a completely safe and anonymous way of charging up your funds on your account. You buy them in your local shop, check with the individual card provider to discover your closest vendor, and then enter the code in the casino. The only real downside is the fact that you can’t withdraw winnings onto them - you’d need another system to do that. This is perhaps a perfect pairing with your usual current account or Visa card.

Tips

Banking - Tips

It’s easy to make quick and painless transfers to your favourite poker casino if you just follow these simple tips:

Banking Options

This section offers a breakdown of all of the most popular banking options. If you see one you like simply follow the link to find the most compatible online poker casinos that offer the best deals for your choice.

Frequently Asked Questions

What is the best banking method for online poker?

The best banking method for online poker completely depends on your needs as a user. You can go ahead and use your credit or debit card, if you prefer, or instead use eWallets like Neteller and Skrill with the added benefit of keeping your financial details private from the casino.

Is there a preferred method for UK players?

As each player has different banking needs, this is difficult to say, though eWallets are gaining a lot of popularity in the UK very quickly and Visa and Maestro are a traditional favourite.

How safe & secure are those listed?

The banking methods listed on this page are tried and tested methods favoured by real expert poker players. They offer top of the line security and data protection and have been proven to be safe to use in online casinos.

Which ones are better for fast transactions?

Visa, debit, credit Maestro, MasterCard, PayPal all offer immediate transaction times. Doesn’t get much faster than that.

Do I need to own a credit card?

No, if you would rather not own a credit card, there are other ways you can make payments to the casinos. Some eWallets require that you provide debit or credit information in order to use their services, others do not. However, if you would rather provide any details at all then you can simply use pre-paid cards to charge up your account. No personal information needed.

Do they charge fees for poker transactions?

No, these methods will not charge you extra for gambling transactions. Credit cards and eWallets may have a debit or withdrawal fee, depending on your payment provider. Always read the terms and conditions to find out how much you will be charged per transaction.

How are winnings paid?

Winnings can be paid directly into your debit card or eWallet. Winnings cannot be withdrawn onto pre-paid cards or onto your credit card.

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