Payment Options for Online Poker Players
The world of online poker can be an intimidating one for new players. Playing poker at your kitchen table may prepare you for some parts of online poker, but even with many similarities the worlds of online and live poker are quite distinct indeed.
Nowhere is the deliniation more clear than when it comes to funding your account. If you're playing poker at a live casino, getting chips is easy – head to the cage or the table and hand over some cash. In a few minutes, you'll get chips. Simple as pie. Online, things are a bit more complicated. You can't really hand cash over to an online poker room directly, and transferring it from your bank can be complicated and cause discomfort for those who wish to protect their financial information.
The answer to that problem: Ewallets. Ewallets are third-party services that allow you to spend money at a variety of merchants – including online poker rooms – from one central wallet that you can fund from your bank. Your information is protected and never shared with the merchants, and you get the convenience of depositing at an online poker room with as little as one click.
Below are some of the popular online payments methods and a brief list of the rooms that accept each. If you're looking to sign up at an online poker room, a site such as the Good Bonus Guide will clearly list the banking options for rooms in their review.
Neteller – Arguably the original online poker ewallet, Neteller is accepted almost universally at online poker rooms. Managing your account is simple and Neteller is regarded as one of the most secure payment processors online.
PayPal – Probably the largest and most popular ewallet. Very easy to use and the security of your money is guaranteed. One downside is that the list of online poker sites that accept paypal is somewhat limited.
MoneyBookers (Skrill) – A widely used option for European players. Very quick transfers and a well-earned reputation for reliability and safety. Possibly the one ewallet accepted at more online poker rooms than Neteller.