Withdrawing Money from Online Poker Rooms

The next portion of our guide will discuss how you can cash out money from online poker sites. There are only a few methods available (and even fewer for USA players), but you should never have a problem getting money out of your online poker account.

This article will list various cash-out methods, tell you which players can use which methods, and will discuss withdrawal fees and time frames. Let's get into it.

Poker Cash Out Options

There are three primary poker withdrawal methods:

• Paper Check Poker Withdrawals
• Bank Wire Poker Withdrawals
• eWallet Poker Withdrawals

We will discuss each poker cash out method now.

Paper Check Poker Withdrawals

The first (and simplest) way to cash out from your online poker account is to request a paper check. To receive a paper check, you must provide the online poker room with your full name and address, as well as the amount of money you would like to withdraw.

Most poker rooms have a minimum of $20 or $50 for paper check withdrawals, and a maximum of $2,000 to $4,000. Most poker rooms do not charge a fee for normal check withdrawals, but if you request multiple withdrawals per week you may have to pay a fee of $20 to $50 per check.

Once you have requested the check, you can expect to see it within a week or two. The best sites (like Full Tilt Poker) will get the check there within a few business days, while other sites may take as long as fifteen business days to get you your check.

Paper check withdrawals are available for all players, including American players.

Bank Wire Poker Withdrawals

Bank wire withdrawals are more complicated than paper check withdrawals, but they are perfect for players who need to move large amounts of money. To receive a bank wire withdrawal, you must provide the online poker room with the following information:

• Your name and address.
• Your bank's name and branch address.
• Your account number at your bank.
• Your bank's routing number and SWIFT code.

To get this information, go to your bank and ask for their "wiring instructions". Once you have the wiring instructions, put them into the cashier along with the withdrawal amount.

Most poker sites have a minimum of $1,000 for bank wire withdrawals, and there usually is no maximum. Bank wire cash-outs usually carry a $50 fee, so we recommend using them only if you are moving a sum of money that is more than the max check withdrawal.

Once you request the wire transfer, you can expect it to be in your bank account within a few days. Bank wire cash-outs are available for all players, including American players, but sometimes you have to email the poker site to see the wire option in the cashier.

eWallet Poker Withdrawals

The final method for online poker cash-outs is an eWallet withdrawal. "eWallets" are electronic wallets (similar to PayPal) that allow you to move money into and out of your various online poker accounts. There are dozens of eWallets out there that service the online poker industry, but only one (www.eWalletXpress.com) is available to USA players.

To receive an eWallet withdrawal, go into the poker site's cashier and enter your eWallet account number as well as the amount you would like to cash out.

Most poker sites have a minimum eWallet cashout of $10 or $20, and a maximum of $2,500 or $5,000. If you need to move a larger amount of money, try contacting the poker room to see if they can raise your withdrawal limit.

eWallet withdrawals usually carry a small fee of around $10 or a small percentage (1%ish) of the total withdrawal. Some poker sites actually offer free eWallet withdrawals, but most carry the small fee to cover their operating costs.

Once you request the eWallet withdrawal, you can expect the money to be in your eWallet within a day or two. Some sites are closer to instant, but most take a day or two to process the withdrawal. From there, you can withdraw the money from your eWallet to your bank account, or re-deposit at a different poker site.

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