TexasHoldem-Poker.com
Texas Holdem Strategy, Online Poker Rooms, and Holdem Resources
  • Texas Holdem Strategy
  • Beginner's Intro
  • Calculating Odds & Outs
  • Preflop Strategy
  • When to Bet
  • Cheating
  • Position
  • Bluffing
  • Poker Help
  • Poker Forum
  • Poker Etiquette
  • Player Interviews
  • Texas Holdem Rules
  • How to Host a Game
  • Poker Tools
  • Poker Database
  • Poker Calculators
  • Online Poker Tournies
  • Holdem Odds Chart
  • Poker Articles
  • Poker Terms
  • Links
Footer





Advanced search    

  • Board index ‹ Texas Holdem and Poker Forums ‹ Poker and Gaming Law
  • Change font size
  • Print view
  • RSS
  • FAQ
  • Login

Poker Stars Deposit

Internet and local laws that affect poker, especially the UIGEA
Forum rules
Post a reply
10 posts • Page 1 of 1

Poker Stars Deposit

Postby rich8 » Wed Jul 09, 2008 11:30 am GMT

I've playing on Pokerstars with play money - accumulated 80K+. I've been playing just for practice for my monthly game.

Now I want to start playing for real money. Maybe deposit $100 or so.

1) Am I allowed? I havent kept up with any recent rulings.

2) What is the best way to deposit money without much fees?

Sorry if this has been discussed. I'm too lazy to read through all those threads about poker prohibition.
rich8
 
Posts: 22
Joined: Thu Jun 10, 2004 11:23 am GMT
Location: ne ohio
Top

Postby UrAteUp » Wed Jul 09, 2008 11:33 am GMT

Why the double post rich?
User avatar
UrAteUp
Donktastic
 
Posts: 5021
Joined: Fri Jun 17, 2005 12:18 pm GMT
Location: Missouri
  • YIM
Top

Postby rich8 » Wed Jul 09, 2008 11:34 am GMT

Started a new thread because there was a fight my original.

Anyway, I was going to deposit via the eChecks option. But halted that when they asked for my Soc #.

So what is another other option?

I thought I read somewhere that you can deposit via a prepaid Visa.

Also before the fight started, one of the posters said that you can deposit via Visa or MC now. How does that work?

What would be the difference between the prepaid Visa and a personal Visa or Mastercard?
rich8
 
Posts: 22
Joined: Thu Jun 10, 2004 11:23 am GMT
Location: ne ohio
Top

Postby UrAteUp » Wed Jul 09, 2008 11:43 am GMT

Yeah fights sometimes start around here. Not often. Usually a mod steps in and tells both sides to calm it down or else. With these two it is more comical then anything. It's like the two little kids yelling back and forth that my dad can kick your dad's ass type thing.

Some banks will not support deposits into poker sites. The pre-paid visa doesn't care where you deposit to.

Banks don't like to do it because you could get your money in and lose it all then turn around and dispute the charge and usually win.

The prepaid cards are just that, prepaid. So you can never dispute it and get your money back. Once it's gone it is gone.
User avatar
UrAteUp
Donktastic
 
Posts: 5021
Joined: Fri Jun 17, 2005 12:18 pm GMT
Location: Missouri
  • YIM
Top

Postby zinn0 » Wed Jul 09, 2008 11:45 am GMT

The last time I depo'd I used my Visa check card. No hassles and it was instant.
User avatar
zinn0
 
Posts: 2690
Joined: Thu May 19, 2005 8:32 pm GMT
Location: Ohio
Top

Postby Dave B » Wed Jul 09, 2008 11:46 am GMT

I use my ATM Visa check card from my bank without problems.
User avatar
Dave B
Tournament Champion
 
Posts: 5023
Joined: Mon Aug 11, 2003 10:49 am GMT
Location: Minnesota
Top

Postby rich8 » Wed Jul 09, 2008 12:06 pm GMT

I dont think I want to use my Mastercard card. I think it would considered a cash advance.

I dont really want to use my Visa ATM card (Debit card).

So it looks like my option is the Prepaid.

What would be the biggest difference?

I guess I read somewhere about cashing out. How would a cashout work with my ATM Visa and the Prepaid Visa I get at the grocery store?
rich8
 
Posts: 22
Joined: Thu Jun 10, 2004 11:23 am GMT
Location: ne ohio
Top

Postby Dave B » Wed Jul 09, 2008 12:16 pm GMT

You can use an ATM Visa or prepaid card for deposits and request checks for withdrawals. You might have to send in proof of your address to request a check by mail.
User avatar
Dave B
Tournament Champion
 
Posts: 5023
Joined: Mon Aug 11, 2003 10:49 am GMT
Location: Minnesota
Top

Postby supafrey » Wed Jul 09, 2008 12:20 pm GMT

Using a credit card to buy in to a poker site is not considered a cash advance. It is considered a purchase, and shows up as such on your bill.
supafrey
 
Posts: 5651
Joined: Mon Mar 07, 2005 2:42 pm GMT
Location: Ontario
Top

Postby xDiamond_CutteRx » Wed Jul 09, 2008 3:30 pm GMT

supafrey wrote:Using a credit card to buy in to a poker site is not considered a cash advance. It is considered a purchase, and shows up as such on your bill.

Correct. Most major credit cards will not work, but my Debit card always has, and eChecks are very easy also.

As for cashing out, you can always request a paper check, which has never failed to reach me in under two weeks.
User avatar
xDiamond_CutteRx
Moderator
 
Posts: 4703
Joined: Sat Mar 05, 2005 5:26 am GMT
Location: Northern California
Top


Post a reply
10 posts • Page 1 of 1

Return to Poker and Gaming Law

Who is online

Users browsing this forum: No registered users and 0 guests

  • Board index
  • The team • Delete all board cookies • All times are UTC - 5 hours [ DST ]
Powered by phpBB® Forum Software © phpBB Group

phpBB SEO
Copyright © 2013 Ace Nine, LLC
Legal  |  Contact Us  |  Site Map