Once you have found an online casino that accepts players from the U.S. (find them here: US Casinos), you then have to find a way of funding your online gambling account. Here we look at ways American players can deposit money and play at online casinos.
Many credit card companies in the U.S. are “reluctant” to process payments to online poker rooms and casinos and, even if you win after funding your poker account from another source, your credit card company might refuse to accept funds coming back into your account.
Post UIGEA, funding an online gambling site that accepts players from the U.S. has become a bit of a problem (for players from the U.S. that is) and in light of the recent asset seizure of e-Wallet Express (and consequent knock-on effect with the 900Pay gateway) any poker or casino player looking to establish an online deposit account is advised not to leave funds in an e-wallet of any nature if there is a chance of having your cash seized along with the payment gateway’s assets.
There are still a couple of secure online e-wallets and other alternate methods of funding an online poker room or casino which enable players from the U.S. to fund their poker deposits and withdraw their winnings.
UseMyWallet sounds as if it is a generous offer to fund your account with somebody else’s money, but it is an idiosyncratic gateway which you join by “invitation” and into which you can deposit funds that can subsequently be transferred in and out of accounts which offer a UseMyWallet deposit option.
To sign up to UseMyWallet, visit the cashiers page on the casino site and click the button which says you wish to deposit by UseMyWallet. You will receive an email “inviting” you to open an account with instructions on how to use the e-wallet, and the costs involved. If you choose to fund your UseMyWallet account via your credit card there is a 5% charge, but other than that, the other fees involved in maintaining a UseMyWallet account should not damage your ROI.
The EcoCard payment gateway gives the impression that you should be walking around with a green piece of plastic in your back pocket, spending money at will in order to make the world a better place. In fact it is one of the most secure payment gateways in the worldand enables you to transfer funds quickly through the system with an Electronic Fund Transfer (EFT) facility.
You can actually have a card attached to your account – a prepaid MasterCard – which allows you instant access to your winnings once they have arrive back in your EcoCard account, but as with UseMyWallet, there are small costs attached to using this service. EcoCard actually has a business partnership with Apple, so if you have an iPhone, you will be able to service your account with your poker EcoCard!
Many web sites also offer the eCheck payment system, which allows you to write a virtual check and play with the funds in your casino account before they are even cleared. Most sites offering this facilitymay limit the amount of money you can deposit in this way, or the frequency with which you can use the facility, as it takes up to ten days for the poker site to receive your funds. You can also withdraw winnings from a site using this method and there is no need to verify your bank account as the site already has all your account details.
If you want to avoid giving your bank account details to your casino, Western Union is still an option which is fairly widely accepted. You can make deposits and cash out using this facility, although the method is often convoluted. Usually you will have to get the details from your site about who and where to send your funds to, make the transaction with Western Union online at one of their 400,000 agents, and then enter a Money Transfer Control Number (MTCN) into the Cashier´s page at the casino web site. You can also withdraw from your site using this method, but the charges involved might not always be absorbed by the site operator.
With the number of funding options still available to cater for players from the U.S., and the number of casinos still accepting American players, it seems that UIGEA has really only affected the publicly owned gambling establishments – who had more to fear from their shareholders than they did from the U.S. Government. Hopefully the government will come to their sense soon and realize that online gambling is something that a lot of Americans want to have access to.