May US Online Poker Payment Processing Report

Posted by admin | Poker Affiliates | Friday 17 May 2013 12:48 pm

There was little in the way of movement between May and last month’s report. Some of the slowest paying networks had the most movement, all going the wrong direction. Last month’s grades are in parenthesis.

Bodog/Bovada A (A+)

Bovada, the US facing skin on the Bodog Poker Network, maintains the top spot again this month. Their times slipped slightly but are certainly impressive considering the overall US payment processing environment. Players can expect a check for up to $ 3,000 to arrive in 1-2 weeks. Bank wires are available for up to $ 5,000 and arrive in about one month. Players may receive a free withdrawal using one of these options each month. Additional cashout requests incur a $ 50 fee.

Cash transfers arrive in 2-3 days with the following fees:

Money Transfer/WU
• $ 100 – $ 200 Fee: $ 40
• $ 201 – $ 500 Fee: $ 50
• $ 501 – $ 1000 Fee: $ 80
• $ 1001 – $ 2000 Fee: $ 150

Rapid Transfer/MG
• $ 100 – $ 200 Fee: $ 20
• $ 201 – $ 400 Fee: $ 30
• $ 401 – $ 600 Fee: $ 45
• $ 601 – $ 800 Fee: $ 60

Winning Poker Network A- (A-)

Americas Cardroom, Black Chip Poker and True Poker maintain last month’s grade. Players may request a check, debit card transfer or cash transfer. Checks arrive in 1-2 weeks and carry a $ 65 fee. The first check each month is free. Debit cards require a $ 25 initial fee and $ 4.95 with each cashout request. There are also fees to use the card to withdraw cash at ATMs. Debit card withdrawal requests are processed in 2-5 days. Cash transfers also take 2-5 days to process and carry 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 A- (A-)

Intertops maintained their impressive cashout speeds again this month. While fast, Intertops charges a premium for this service. The Revolution Gaming skin also does not accept new US players.

Intertops players may cashout up to $ 3,000 by check and receive it in about one week. Bank wires may be requested for up to $ 2,500. These arrive in 2-3 weeks. Both options carry a $ 50 fee.

Cash transfers arrive in about two days and carry the following fees:

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

Jazette/Carbon Poker/Aced C- (C-)

Merge Gaming skins Jazette, Carbon Poker and Aced are struggling with their check processing. Most player reports have been in the 10 week range. Players may request up to $ 2,500. Requests made after the initial one will be added to the pending request as long as the cumulative amount is $ 2,500 or less. This feature is the only reason this group is not in the D range yet.

Lock Poker D- (D)

Lock Poker, flagship of the Revolution Gaming Network, has been in the news every week with another scandal. The news has quieted down and some players are once again receiving their cashouts. Unfortunately, cash transfers are being processed in 8-12 weeks. Checks are reportedly in the 5-6 month range. Both options are free. Players outside the US are waiting 1-2 months for their Neteller and Skrill cashouts. That is more alarming than the slow US cashouts.

Juicy Stakes D- (D-)

Juicy Stakes is also a Revolution Gaming skin. It is one month away from receiving an F. I have never given an online poker room an F as long as they were still processing cashouts. Juicy Stakes is on the verge of doing just that. One player reported waiting seven months for a check, only to have it bounce. Others are also reporting 6-7 month check cashouts. This is dangerously close to nonpayment. There is no fee for a check from Juicy Stakes.

All of these online poker rooms may be found at RakeTracker, sister site of PAS.

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