Editorial
Gambling Online in the USA
Friday, 25 September 2009 01:01

While all forms of online gambling in the USA are supposed to be rendered illegal by the UIGEA, the reality is that the law is in place to prevent US banks from processing any financial transactions between players and the online casinos.

The rest of the act is fuzzy at best and generally unworkable with regards to prosecuting individuals for using the services of an online casino or poker room. The online gambling market in the US is enormous and while several major operators have graciously backed away from it, others have remained and continue to provide online gambling websites for US players to use. So how do they get around the problems with the hands of the banks securely tied and credit card processing companies refusing to go anywhere near the industry?

Real Time Gaming is one such online gambling operator which has doggedly remained in the US market providing a collection of high quality online casinos that are available to US players. They get around the problems of transacting payments and withdrawals of members’ funds by using alternative methods. One of these is online e-wallets, which allow you to charge them up with money from a credit card. That way, you can transfer funds to your online casino account and withdraw your winnings back to the e-wallet, which can then be transferred to a bank account or used for further gaming. 

This method side steps the UIGEA ruling which has forced banks and other financial institutions to deny any attempt at transferring funds direct from a bank account to an online casino, or vice versa. Instead of slamming the door in the face of online gambling, it has merely created an additional middle-man that is currently beyond the reach of the current laws and can operate without restriction, at least for the time being. The upshot of the addition of the e-wallet middle-man is that an additional fee is collected from the member for using the service, creating an on-the-side enterprise that is worth rather a lot of money.

One such company is UseMyWallet, which is accepted at Real Time Gaming online casinos for both cash deposits and withdrawals. This is perfect for US players who are worried about using their own banks or credit cards to directly fund their online gaming. This is because it bypasses the checking procedures that the banks now have to do in order to comply with the UIGEA and which comes into full force on 1st December 2009.

Another way of getting around the whole business of banks and credit or debit cards altogether is the use of pre-paid cards. This is an even safer method of transferring funds to an online casino account. These cards, which can easily be bought in gas stations and large stores such as Wal-Mart, can be used to pay for a player’s online casino deposits as long as the online casino in question accepts this method of payment.

Again, Real Time Gaming casinos are running with this payment method and you can now use prepaid cards at several of their casinos, including the Las Vegas USA Casino and the Vegas Online Casino. The beauty of pre-paid cards to fund your Internet gambling is that there is no connection between you and your bank account.

If you actually hit the jackpot and need somewhere to pay a huge amount of money into, larger amounts can be handled by most e-wallets. First of all, it pays to research several of the better, well known e-wallet companies that are available at your chosen online casino to find out their maximum payment and deposit limits.

Another plus point that comes with e-wallets such as UseMyWallet is that there is no big delay in funds being transferred either to your casino account or from it in the form of winnings. Some companies are a little slower than others, which is something you need to know about before signing up with them. UseMyWallet guarantees funds are transferred to your bank account within three working days and are available for withdrawal within five working days.

As far as the current US online gambling laws go, the onus seems to be on the banks and the credit card companies to prevent people from gambling online. However, since the UIGEA came into force in 2006, no individual has yet been prosecuted for gambling online from their own home.

While the Real Time Gaming casinos such as Las Vegas USA Casino have been around for many years, they have only recently made depositing and withdrawing funds easier than ever. This means a safer way for US players to make deposits and withdraw funds without all the hassle and worry of blocked bank or credit and debit card transactions. It means they have a safe and secure way of funding their online gambling while side stepping the existing US laws that are hindering banks and financial institutions.

 
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