Banks and Credit Cards companies like visa and mastercard are already denied GGPoker accounts.
The OUT of online poker bandits
The OUT of online poker bandits
Its largely a regulation issue. Just for fun I logged on to GG Poker, and the only deposit options available in Sweden are Luxon Pay and something similar, which I dont remember. And almost certainly this is, because GG Poker dont have a swedish license. On the licensed sites like PokerStars people living in Sweden can deposit with their credit card and withdraw via direct bank transfer.pentazepam said:
Yes, but more and more countries are getting some sort of regulation.fundiver199 said:
This started the disappearance of wealthy bad Americans from international big sites:
https://en.wikipedia.org/wiki/Unlawful_Internet_Gambling_Enforcement_Act_of_2006
It made me take my business to Svenska Spel, where the action was very good at the time, at stakes equivalent to 100-500NLH USD:
My bank won't even accept money from LuxonPay, so I'm not really interested in jumping through hoops to play.
PokerStars takes seconds to deposit and rarely more than a day to withdraw. But as you know, since we don't get anything extra like bonuses or rakeback, we aren't playing on an even playing field, and that doesn't motivate me to grind. Especially not now when 10NLH is tighter than 100NLH was 15 years ago.
My bank does. Or at least it did a year ago, when I last withdrew money from ACR. If this has changed, then I guess, I have a challenge. Could try to transfer to my danish bank though, since I am a cross border worker.pentazepam said:
Exactly. $5.5 MTTs are also playing kind of tight, and in general the whole environment is just drying up more and more.pentazepam said:
As an update I just made a withdrawal from ACR Poker to my swedish bank account using Luxon Pay. And apart from their rather high fees it worked without problems. I requested the withdrawal monday, and the money is in my account now two days later. It is possible, you might have attempted to transfer in USD to an account in SEK? The procedure is to first do a currency exchange on LuxonPay (and pay a fee), and only then request a wire transfer (and pay another fee).pentazepam said:
Get yourself a separate(CIBC or BMO visa/debit account/card) for only online poker and online purchases. Keep your poker and online purchases separate from your normal bank account you use for everything else. If you don't have CIBC or BMO where you're from others have offered options above.
Deposits are instant and withdraws should only take 2-4 days depending on when withdraw is requested.
Cheers!!!
Deposits are instant and withdraws should only take 2-4 days depending on when withdraw is requested.
Cheers!!!
It depends on the bank. My bank's customer service said it wasn't even allowed. I know some other banks are ok with it. However, I don't feel the need to open an additional bank account to play on a single site. It's GG Poker that should add to its withdrawal methods if it wants customers from Sweden. I know a lot of players who would rather play on PokerStars, Svenska Spel, or Unibet, even if they don't get any rakeback, bonuses, or other free things, just because transactions are so easy.fundiver199 said:
You would also be able to use Luxon Pay to play on ACR Poker and presumably a lot of other unregulated sites. Byt yeah. If it require opening another bank account just for that, and you are not a professional player, then I would also just stick to the regulated sites.pentazepam said:
They should obtain a swedish license. Its definitely very substandard, that the worlds largest poker site still operate as a "grey market" site in regulated markets.pentazepam said:
