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Laws Defining Poker Site Payment Options

July 30, 2018 July 30, 2018 James Anderson

As there are some very strict rules in place at most if not all poker sites, you need to familiarise yourself especially with the rules associated with both making a deposit and when cashing out your winnings from any poker sites you have an interest in signing up to and playing at.

It can often be the case that if you have made a deposit using just one payment method such as a web wallet, then the poker sites you have been playing at is only going to allow you to make a withdrawal using that exact same web wallet.

There could be and in fact will be some exceptions to those rules however, for if you have made a deposit using a prepaid voucher such as a PaySafeCard then you obviously cannot withdraw your winnings via that method, so will be able to select a different method.

Also, if you use a MasterCard to make a deposit then do be aware it is not possible for poker sites or for that matter any type of gambling site to refund your winnings back to one of those types of cards as MasterCard do not permit it.

Different Payment Methods Have Different Cash-Out Limits

It is also important that you understand when playing at any real money poker site of when playing poker in a real money playing environment when using a poker app, that different payment option offer different maximum pay out and cash out limits.

Therefore as you may be restricted to just how much you can cash out, and may only be able to withdraw using the exact same deposit option you used, then you should select a deposit option hat give you the option of withdrawing the highest amounts, just in case you win big!

Verification of Poker Site Accounts

No matter at which poker site you do choose to play at, as soon as you have registered as a new player and have made at the very least one deposit into that account, you will be required to get your account fully verified.

However, most poker sites wait until a player requests a pay-out from their account before asking for copies of their identification documents, and will not permit a player to withdraw their winnings until such a time as they have had their account fully verified, so always keep that in mind.

About The Author

James Anderson

Contributor

James Anderson probably has the easiest job of all out authors, for he is the man we turn to when any new poker games have been launched or are about to be, obviously there are not that many new poker game variants going live regularly, so we try and keep him busy with other tasks too!

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