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July 2014 U.S. Online Poker Payment Processing Report

Payment times were well within acceptable time frames again this month.  The speeds are some of the best we have seen in our years of doing the survey.  One reason for this could be the slow time of the year.  Not only does online poker traffic drop, but this is by far the slowest time of the year for sports betting.  Most U.S.-facing offshore poker sites are primarily sports books.The June U.S. online poker payment processing report may be found here.


bovada This Month Last Month
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Bovada

Bovada is by far the largest U.S.-facing online poker site.

It continues to process withdrawals as fast as possible.  Checks arrive in 2-7 days.

We even saw a report of a check delivered in one business day in the past month.  The maximum check is $3,000.  One free check withdrawal is available each month.  Additional Bovada check requests carry a $50 fee.

Bovada offers bank wires.  These have a cap of $9,500. There have been no reports of bank wire speeds in the past month.

The fastest way to get withdrawals from Bovada is by Western Union and MoneyGram.  These arrive in 1-2 days.  The amounts and fees are as follows:

Money Transfer/WU Rapid Transfer/MG
  • $100 – $249 Fee: $50
  • $250 – $499 Fee: $75
  • $500 – $999 Fee: $100
  • $1000 – $1499 Fee: $150
  • $1500 – $2000 Fee: $200
  • $100 – $199 Fee: $20
  • $200 – $399 Fee: $30
  • $400 – $599 Fee: $45
  • $600 – $800 Fee: $60

WPN This Month Last Month
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Winning Poker Network

The Winning Poker Network cashier consists of Americas Cardroom, Black Chip Poker and True Poker.

Check speeds improved to 10-14 days this month.  One free check is cut each month in amounts up to $2,995.  Each additional check has a $65 fee.

Debit card withdrawals are processed in 1-3 days if the player has the card in hand.  New debit cards take about three weeks to arrive.

Cash transfers also take 1-3 days and have the following fees:

• $100 – $299 Fee: $60
• $300 – $499 Fee: $70
• $500 – $749 Fee: $85
• $750 – $999 Fee: $95
• $1,000 – $1,500 Fee: $110


intertops This Month Last Month
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Intertops

Intertops is a member of the Revolution Gaming Network.

It no longer accepts new U.S. players but has many that signed up before the restriction.

Intertops has the same speeds as last month.  The payouts arrive fast, however, there is no option to receive a free one each month.

Intertops checks arrive in about one week.  The fee is $50 and the maximum amount is $3,000.

Bank wires are available in amounts up to $2,500 and arrive in 2-3 weeks. The fee there is also $50.  Bank wires will incur additional fees from the receiving bank and sometimes intermediary ones, too.

The fastest way to receive a withdrawal from Intertops is by Western Union.  These arrive in just a day or two.  The fees and amounts are:

• $150-$500 Fee: $70
• $501-$1,000 Fee: $85
• $1,001-$2,000 Fee: $180

betonline This Month Last Month
B+ B+

BetOnline

BetOnline is the flagship of the Chico Poker Network.

Checks, sometimes processed as money orders, are guaranteed to be processed within 15 days but may arrive in a little as 5 days.

Bank wires are processed in about two weeks. Western Union and MoneyGram are processed in 24-36 hours.

There are no free withdrawal options for players but a discounted fee of $50 is offered for cash transfers once per month.

The fees are as follows:

  • Check/Money Order: $25
  • Bank Wire: $45-$75
  • Western Union: $34-$101

Players outside the U.S. also have withdrawal fees. Players that withdraw by Skrill and Neteller will pay a fee of $20 per withdrawal.

sealswithclubs This Month Last Month
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SealswithClubs

SealswithClubs is a Bitcoin-only site that processes withdrawals in 12 hours or less.

For players comfortable with this, the payouts are the fastest in the industry.

Bitcoin investment requires additional risk. This is why it receives a lower grade than it would if it processed other payments this fast.

juicystakes This Month Last Month
B- B-

Juicy Stakes

Juicy Stakes is a member of the Revolution Gaming Network.

Players may receive cashouts by either check or Western Union.  Both arrive in about one week.

The fees for both are $100 and the max is $1,000.

This excessive fee is the reason the grade is lower than other sites with comparable withdrawal speeds.

merge This Month Last Month
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Merge Gaming

The Merge Gaming cashier services Sportsbook.ag, PlayersOnly, SuperBook and Carbon Poker.

It handled banking for Aced up until July 1.  That is when Aced moved its entire player pool to Carbon Poker and ceased operations.

Players can request a check in amounts up to $2,500.  Players may now have one check per month free of any fees.

Processing times are 10-21 days.  Some players also have cash transfer and bank wires available.

pokerhost This Month Last Month
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PokerHost

There have been no reports of cashouts at Poker Host in more than two months.

The site left Merge Gaming and became a skin on Equity Poker.  It then started banning winning players.

We have no reason to believe withdrawal speeds are slow. It seems more likely that interest in the site has dropped since it left Merge Gaming.

lock This Month Last Month
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Lock Poker

Lock Poker is a deposit-only site.  It does not pay withdrawal requests.

Two Plus Two user IHasTehNutz compiles a list of players waiting for Lock Poker withdrawals.

The latest reported amount is $978,000.  There are 392 players on the list.  Many of these players have been waiting more than one year.

So far in 2014, only 11 players have reported getting paid.  The last ones were in April.

 

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