Playing Legal Online Poker using Prepaid Cards
There are two distinct reasons for using prepaid cards to legally fund online poker accounts. The first is security. These cards are ideal for those who want to keep their own bank account or credit card and online gaming completely separate. Second, prepaid cards are convenient. Whether it is because your own card got declined, or lack of alternative options – the ability to grab a prepaid credit card and be playing within minutes is a popular option.
You’ll find 3 distinct types of prepaid cards. To make things more complex, different brands and variations of cards are available in different countries. This page will cover all 3 types, and shows you the differences between them in for making your deposit.
Is Using Prepaid Cards for Poker Deposits Legal?
This section is for US players, since depositing at online poker sites is fully legal in just about every other jurisdiction / country.
In the US poker site payments are made difficult due to a 2006 federal act, which restricts how the banks interact with online gambling sites. While it is fully legal under federal law for individuals to deposit and play real money poker, the banks cannot legally assist with funding your accounts.
While this does apply to prepaid cards (which use the same financial clearing networks), cash payments overseas are hard to block completely. This makes prepaid Visa and MasterCard cards useful for making poker deposits. These are the types of cards you buy from gas stations. You will not be breaking any federal laws by using one – though the banks will try to block your transaction!