If you're new to the online gambling scene, you might not be aware of certain limitations on US players regarding money transfers. The UIGEA (in effect since 2006) states that processing certain transactions associated with online gambling is forbidden, as a means of preventing terrorist funding. The problem is that the UIGEA was very vague about which transfers are legal and which are not, leaving banks and credit card companies at a position which requires them to decide which transactions are processed. With this situation, the financial companies prefer to block all gambling-associated transactions to avoid any risk. This may leaves US players without the ability of depositing funds into their online casino accounts using traditional means, but there are still other options available.
The first option is to use an eCheck. This is the same as a regular check, but designed for the online market. You'll need to contact your bank to approve this so it's somewhat inconvenient when compared to the other options. Furthermore, eChecks take significantly more time to process, so you might end up waiting a few days before being able to play.
The best option for depositing funds into an online casino account from the US is to use a 3rd party service. These services are usually very similar to Paypal and they follow the eWallet formula: deposit money into an account, and then your free to deposit it anywhere else. This is a good option because it keeps your personal information between you and the service you choose, and many online casinos prefer this option and reward it with an extra bonus. This is also the quickest way of depositing money, and you could be playing within a matter of minutes.
These services are not located in the US and therefore are not obligated to US legislation in the same way as American companies. |
