Before starting to play online poker, you should know how to deposit money. Most online cardrooms do not accept credit cards, so you will need to open a virtual bank account. Choose a bank that has a large customer base. Then, you can deposit money into these accounts, as well as withdraw it if you win or lose. Here are a few tips for depositing money into virtual bank accounts:
Offshore online cardrooms accept US players
Although the number of offshore online poker cardrooms accepting US players has dwindled drastically in recent years, they still exist. However, these offshore poker sites generally accept fewer types of payment. In fact, most offshore poker sites accept only cash transfers and not Skrill. American Express is still an acceptable method of deposit for online poker players, but withdrawals can only be made with another type of payment method. In general, US-facing offshore operators only process withdrawals through paper check or direct bank wire transfer. US players should opt for regulated online poker cardrooms to enjoy more options.
Reload bonuses
Reload bonuses for online poker are rare for existing customers, but are a great way to revive lagging markets and address changing market conditions. A recent example is the Pennsylvania WSOP, which is bringing competition to PokerStars in that state. As part of the WSOP PA, PokerStars is matching existing customers’ deposits up to $500, and this is the first such promotion in the state. In addition to PA reload bonuses, PokerStars also offers a poker bonus for new players.
Multi-tabling
Several advantages come from multi-tabling when playing online poker. For one, you can play at a variety of tables simultaneously. However, playing at a variety of tables requires stable software and a poker room with active players. One professional player who played on many tables simultaneously is Boku87, who increased his bankroll from $100 to $10,000 in less than two weeks. For the most part, this is possible only on PokerStars, which is the world’s largest online poker room, and offers a maximum bonus of $600.
Shared liquidity
Currently, only a handful of states permit shared liquidity in online poker. Italy and Pennsylvania are the two states that don’t. These two states are both political hotbeds and lagging behind the rest of the world in the adoption of shared liquidity. Italy’s problem is political. One government promised shared liquidity, but the next didn’t care for it. The same may be true of other states. In Pennsylvania, for example, the PGCB may decide to keep players separate, while the Department of Justice revises its opinion on The Wire Act.
Legality of online poker in the US
The term “illegal by default” is used to refer to states where gambling is prohibited, but where no specific legislation addresses online poker. As such, gambling activities are generally illegal, and the penalties associated with land-based gaming also apply to online poker. Listed below are some states where online poker is technically illegal, and where it is not. However, these states may have ambiguous laws. Therefore, it is not safe to play poker on their websites.