Last checked and updated: August 7, 2014
This was, one time, the most common and easiest way to deposit to your online poker or casino account. It was the most widely accepted payment method for online gamblers. Alas, that all changed following the passing of the UIGEA in the United States back in 2006.
That Act, the UIGEA, changed everything in relation to online gambling, and online poker in particular, not only for Americans but for poker players from all over the world.
With that one law, which was actually tacked on to an entirely different piece of legislation at the last minute, the growth of the online poker world was stopped in its tracks. Not only stopped, but effectively reversed.
Immediately following the enactment of this piece of law, many of the leading poker rooms stopped acceptiing players from the U.S. Party Poker was the number one room on the internet on the Friday that this came in to effect. Now where are they? These days they have no where near the player numbers that the new number one room has. That room is PokerStars, for they continued to take these unwanted players long after Party had stopped. In fact, PokerStars only stopped accepting them in 2012, almost a full 6 years after Party and other pulled out of the U.S.
So what has that got to do with using Visa cars to deposit online?
I’m getting there.
That small law, the UIGEA, didn’t actually make online gambling illegal, like many people believe it did. No, waht it did do, was make the transfer of funds for online gambling illegal.
So they didn’t go after the online poker rooms and casinos, instead the Government went after the banks that were processing the payments.
That was actually quite clever and effective in doing what they wanted to get done – stop people playing poker.
So along with Party Poker’s fall from the top of the poker room pile, Visa fell rapidly from being the most widely accepted method of depositing to poker accounts, to being the least effective method of getting your funds to the tables.
While you can still deposit using Visa at online gambling sites, it can be rather tricky getting your transactions to go through.
While this is still the situation with regard to Visa and online gambling, most online gambling sites still offer Visa as one of their primary deposit methods for their players. Even sites that continue to allow Americans to play sometimes offer Visa for deposits.
In short, if you have any other payment method available to you then you should try using that one first when you want to fund your online gambling experience.
If you do not have any other options available to you then by all means do try your Visa card, but don’t be surprised should it not work.
Withdrawing your winning to your Visa can be just as tricky, and a hit and miss experience for many players, too. However, if you have managed to successfully fund your online accounts using this method initially, the the site you are playing at will most likely be experienced in dealing with the associated problems, and they will almost always have an alternative withdrawal method available to you. That may only be by check through snail mail, but at least you will be able to get your winnings, though it may take a bit of time.