Playing online poker using a debit card is extremely popular, but why do so many players opt to use this method to control their bankroll? Read on to find out why playing poker with debit cards is a smart choice and how funding your Internet Hold’em account has never been easier.
What are Debit Card Poker Deposits?
Debit cards and debit card poker sites offer the most direct and financially prudent way of banking in the gaming world. Unlike a credit card which allows you to play with borrowed money which you then have to pay back at a later date, debit cards (such as Visa Debit Card) only allow you to spend money that’s in your bank account.
For example, if you had $500 (including any overdraft facilities) in your bank account then you couldn’t spend any more than this using a debit card. In fact, if you decided to visit a US debit card poker room and try to deposit $501, your transaction would be decline because it exceeds the amount in your actual account.
This facility is fantastic because it helps to tackle one of the biggest problems in the gambling industry: addiction. By only allowing you to spend what you have, a debit card poker sites in the United States can stop you from owing banks a lot of money.
Another reason why USA poker sites accepting debit cards are popular is that there is a direct link from your account to a poker room. Instead of having to pay a third-party portal a handling fee, debit cards don’t have any transaction costs. Moreover, the money is often transferred from your bankroll to your bank account in a much more efficient and timely manner.
US Poker Sites Accepting Debit Cards
Whilst considering using your debit card for deposits and withdrawals in US poker rooms, consider the following points.
- Can I make deposits? Yes
- Can I make withdrawals? Yes
- Is money available instantly? Withdrawing money can take from 1 – 7 days, but deposits are processed instantly.
- What are the success rates? Within the USA it is averagely 75%, outside the US it is 100%
- Are there any associated fees? No. Fluctuations in the currency exchange market do mean that there may be small differences between the amounts in USD and your native currency. Unfortunately this is out of the poker room’s control.
Using Debit Cards for Online Poker
You can use your debit card in relation to your poker account in the following way:
- Locate the cashier page on your chosen US poker site that accepts debit cards.
- Select the debit card option and type in the amount that you wish to deposit.
- Click “deposit” and the transaction will be processed.
When making a withdrawal you should simply reverse this process, the money will then be processed and moved back to your debit card account. Usually within 1 – 7 days, US poker sites generally transfer money to debit cards faster than other withdrawal methods.
Is Using a Debit Card to Play Online Poker Safe?
Largely, using a debit card on US poker sites is safe but it can be tricky.
This is due to some American sites not accepting them, the nature of the US online poker sphere means that there is no general consensus over the acceptance of debit cards as a payment method.
Besides this, debit cards are safe. In no instance will there be a third-party preventing access to your account, but they are overseen by all major banks. Meaning recovery of any funds that are taken without consent are much easier to recover.
Therefore, if you run into trouble using a debit card poker site, you can be certain that your money is safe.
US poker players can utilize various types of debit cards to make fast, secure payments at online US poker rooms.
Debit Card Deposits & US Poker Rooms
Poker rooms that accept debit cards can be hit and miss, many are wary of transferring funds between their site and your debit account. Rather than this being a reflection on the poker site, it is due to the complex US legal system surrounding online poker.
We advise players to check our top recommended US poker sites and look for those accepting payments via debit cards.