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Alternative Payment Methods for US Players
The group that was most affected by the passing of the Unlawful Internet Gambling Enforcement Act by the Bush administration in 2006 was undoubtedly US online gambling players. Almost overnight, this group found itself with an extremely limited number of online gambling sites where they could play.
Big online gambling operators such as Party Gaming, especially those who were publicly listed and answerable to their shareholders, were left with no choice but to leave the United States’ gambling market. Some sites promised to continue serving US players, especially companies that were based outside the borders of the country and had no assets in the United States that were at risk to be seized by US authorities.
However, a greater problem soon emerged. While these sites could theoretically serve US players, the way for these players to pay for their online gambling fun became extremely limited. Where once US players could pay using practically any method, from credit cards to Pay Pal, they were suddenly stuck for a ‘legal method’. Naturally, there were ways and means to pay but these were a shadow of the former list of never ending payment methods previously offered them.
Thankfully, two years on, and things have stabilized quite dramatically. True, things have never reverted to pre-UIGEA days where there were hundreds of sites available to US players and scores of payment options, however there is a decent number of choices open to these players.
Players keen to find ‘US-friendly’ payment methods need to only access one of many excellent gambling portals out there for a complete and updated list of all the sites and payment methods available to them. These portals not only provide a list of the name of the sites that accept US players, they also – in most cases – provide full reviews of the site itself so that players can make informed decisions.
There are a number of popular payment methods available to US players. Not all credit card transactions are declined, for example, although players should not rely on credit cards as their sole method of payment as frequently they ARE declined. Many poker rooms, however, are using specific payment processors to overcome this problem and Visa cards are accepted quite easily.
Wire transfers are another popular way to pay for your online gambling fun. Most sites will accept them, although they may be declined from various states such as Illinois, New York and New Jersey.
US players also express their satisfaction with payment methods such as eWalletXpress, an e-wallet with multi funding features. Although this method comes with significantly higher fees than other methods in the industry, it is still considered a safe, secure and legal option for US players.
The secret to successfully gambling online from the United States is keeping abreast of the latest news considering appropriate payment methods and checking with the customer support team of an online casino if you are not sure of what is allowed and what is not
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