Sunday, February 11, 2007

The Current Odd State of Online Poker

I find online poker in an "odd state" right now. There are many US players who can't get their money either in or out of sites due to the unstable e-wallet market. I'm guessing the poker sites are loving this. Trapped on-site money means more rake. Fewer deposits mean less e-wallet headaches for them. Notice the lack of reload bonuses around? However, the conditions for the consumers are horrible right now. I'm hearing stories of high fees and long processing times with the current e-wallets.

I happen to be in a good position. I have semi-healthy bankrolls on 3 sites that I enjoy playing and have no need to deposit or withdraw. I'm just building until a solid method of payment comes along. If I do need to move funds in the near future, I think I'll try a mail-check withdrawal and a Visa gift card deposit. I've heard "All-Access" brand cards work at most sites and "Green-Dot" and "Vanilla" brands aren't as widely accepted. I've also heard the fees can be around only $6 for a $100 card, though I hope I don't have to go that route.

I read someone say that this current state of things is making them play a more solid game of poker since they can't deposit as easily if they bust. I guess there's always a silver lining. Let's hope for more silver to come.

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