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Did you know you can use gift cards to start playing online poker? If you are thinking about pre-paid Visa gift cards then you can. Of all of the possible deposit options for poker rooms, using a gift card is one of the safest and fastest you can use. Learn how by reading below.

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What is a Gift Card?

For the purposes of making deposits at online poker rooms, gift cards mean pre-paid Visa cards. While there may be a poker room that will exchange other types of gift cards for deposits, I am not aware of any. The nice thing about these types of cards is they seem to be available everywhere. If you walk through the checkout area at Target, Walmart, Krogers or just about any other big chain store you see these cards hanging everywhere. You can buy them in preset amounts like $50, $100 or $200 or put whatever amount you want on them. There are even some you can sign up for and load over and over again by paying a fee and having cash loaded on them.

Many banking institutions also offer pre-paid cards. These types of card have basically done away with the traveler’s check market that was so popular many years back. They make a safe and economical choice for making poker deposits.

Top Gift Card Poker Sites Of 2020

Is It Safe?

Using pre-paid gift cards to make poker deposits is safe. The main reason is because you can only lose the amount on the gift card. Unlike a credit card where a thief can buy things up to and sometimes exceeding your credit limit, a gift card has a set amount of money available on it and it can’t be used for anything beyond that. The other layer of safety is that you aren’t giving the poker room any of your banking details so you don’t have to worry about them protecting it.

Any deposit method where you can limit your exposure to fraud and keep from sharing your banking details with anyone online is worth considering. While there are millions of financial transactions carried out safely every day, it is always a good idea to avoid tempting fate.

Are There Fees?

There are fees associated with gift cards and pre-paid Vis cards. It usually costs from $2 to $5 for the card and if you get one that can be reloaded there will be a similar fee every time you load funds on the card. Most of them also will limit the amount you can load onto the card at one time in order to make sure they get a fee as often as possible.

Most poker rooms do not charge any fees for using these types of cards. To make sure there are no fees check out the deposit options section while visiting the cashier. Just open your poker room software client, log in and check the deposit fees.

Why Was My Deposit Declined?

Global Poker Gc Vs Sc

Sadly, the credit card market and the gift card market are not very stable when it comes to making deposits into poker rooms. Sometimes they work and sometimes they don’t. So it is likely that if you use these types of cards you will eventually deal with one being declined. When this happens the only thing you can do is contact support and see if they know any way to work around the problem. You may also need to have the zip code match the billing zip code for the card. While many of these types of gift cards will not have a zip code associated with them, the ones that you have to order and reload may be tied to a zip code. Ones you get from banks are also likely to be zip code specific.

How to Deposit Using Gift Cards

To make a deposit using a gift card or pre-paid Visa card log into your poker account and enter the card details into the cashier area just like any other credit card.

Does My Poker Room Take Gift Cards?

Most online poker rooms accept credit cards and if they do you can use any gift card with the Visa logo on it just like a credit card. Simply take a quick look at the cashier or the main web site to find the available deposit options.

What Can I Do If My Site Doesn’t Take Gift Cards?

If your poker site doesn’t accept gift cards there are a few other option. All of these options depend somewhat on where you live, as some are available in certain areas and not available in others. If you are looking for options where you can get cash into an account you can try Western Union or Ukash. If you can open an e-wallet try Skrill or Neteller. The other options are eChecks or a bank wire. All of these issues have their own plusses and minuses bit they all are viable deposit options.

Can I Use Gift Cards To Withdraw My Winnings?

Usually you can’t use gift cards to withdraw your poker winnings. They are only good to make deposits. You will need to find other options when you want to take money out. Popular options include checks, bank wire or one of the online wallets. Complete details can be found in the poker room.

Conclusion

Using gift cards can be a great way to make deposits into your poker account. They are very safe and offer a quick way to get cash from your pocket into a poker room. You may need to try a few different cards to find one that works on a consistent basis for deposits, so don’t spend too much at first. Of course you can always buy something else with the gift card if it is turned down at the poker room.

Many poker lovers in the U.S. and Canada have been enjoying Global Poker’s offerings in the time since its December 2016 launch. Players on the site appreciate the social gaming theme, the increasing tournament guarantees and the ease of depositing and cashing out via PayPal.

Still, others remain skeptical of the site’s legal $weeps Cash model, opting to take a chance with unregulated sites or resorting to putting on real clothes and driving to the casino to grind it out, one sluggish table at a time. With that, it’s time to address the elephant in the room — what is the $weeps Cash model all about and how is this legal?

$weeps Cash Model

For starters, Global Poker is a public company owned and operated by parent company VGW Holdings Limited, and was incorporated in Australia in 2010. The reason there are no other sites quite like Global Poker is that the virtual currency gaming business model they employ is patented. A bit more on the history and setup of the site is explained in this early PokerNews review.

The virtual currency part of the equation is at the heart of the model. Rather than wager real money deposited through a bank or another currency, players at Global Poker have the option to play using either Gold Coins or $weeps Cash.

$weeps Cash won as sweepstakes prizes can be cashed out for real cash prizes through PayPal.

The difference between the two is important. Gold Coins are Global Poker’s primary virtual currency and are equivalent to what other sites may call “play money.” That is, they have no monetary value, cannot be cashed out, but can be used to enjoy all Global Poker gaming options together with other players on the site.

$weeps Cash, on the other hand, is Global Poker’s promotional virtual currency, and $weeps Cash won as sweepstakes prizes (through $weeps cash tournaments or ring games) can be cashed out for real cash prizes through PayPal.

Here’s the kicker: $weeps Cash cannot be purchased for real money, while Gold Coins must be purchased for real money using PayPal. $weeps cash can be obtained free of charge as a bonus with purchase of Gold Coins or through one of Global Poker’s multiple Alternate Methods of Entry (AMOE).

How it Works

While it may seem confusing, it’s more simple in practice. Players can buy Gold Coins by clicking on, that’s right, “Buy Gold Coins” at the top right of the Global Poker lobby page. In the pop-up, players can select from the various Gold Coins packages, most of which come with “Free $weeps cash” that matches the amount of the purchase.

Once the package is purchased via PayPal, players are redirected back to Global Poker with both the Gold Coins and $weeps cash from the package now in their account. With both Gold Coins and $weeps cash available to play with, players can switch back and forth between the Gold Coins and $weeps Cash by clicking the 'Switch Currency' button located near the top right of the page.

Depending on the currency you have selected, all gaming options from NLH and PLO ring games to sit ‘n’ go’s to multi-table tournaments will appear in that currency, until you click the button to switch it.

Cashing Out

Global Poker prides themselves on fast, safe cashouts, and their strong relationship with PayPal has a lot to do with that.

Joseph Del Duca, Head of Communications at Global Poker, explained that PayPal knows their business model inside and out and processes payouts for thousands of their customers every day.

“At Global Poker we go to great lengths to ensure a safe and secure social gaming experience for our players.'

“Before starting that relationship with them we asked them to take a look at our business model and ensure they were comfortable with it. We were entirely transparent in this process and PayPal did their own comprehensive due diligence. As a result, they are happy with what we do and how we do it. Don’t just take our word for it though - There are several ‘cashout threads’ in online forums where countless players have shared their positive cashout experience.”

It seems that any early kinks that existed with cashing out at Global Poker using PayPal have been resolved, as players in recent months continue to post positive experiences attesting to the speed of getting verified and receiving funds to their PayPal accounts with no fees assessed in the process.

Safety and Security Measures

“At Global Poker we go to great lengths to ensure a safe and secure social gaming experience for our players. We are constantly monitoring and improving our security using the latest technology and industry practices,” Del Duca said.

One of the strongest safeguards for players, according to Del Duca, is the fact that they are a public company as it brings transparency to their position and makes their financial information readily available for the public to view the state of the business.

On top of that, Del Duca emphasizes that Global Poker takes very seriously their mission to protect their players from threats like collusion, bum-hunting, or predatory behaviors.

“We constantly encourage players to contact us with anything that may concern them. We commit to a full and thorough investigation of any legitimate concern that is raised.”

Globalpoker.com

“We have brought on board a number of Security and Game Integrity experts with significant leadership experience with the world’s largest poker sites to spearhead this part of our business.

“We already have some excellent tracking and monitoring tools in place to ensure fair games but we strongly believe that it is vital to constantly evolve in this area. We are developing more and more tools to automatically find suspicious activity and we have a team who works around the clock proactively looking for anything that may be a potential risk.'

But if you ask Del Duca, their greatest asset when it comes to keeping the site safe for all its rule-abiding players is maintaining communication with the very players who are grinding at the GP tables day in and day out.

“We constantly encourage players to contact us with anything that may concern them. We commit to a full and thorough investigation of any legitimate concern that is raised.”

In just their second year in the online poker market, Global Poker continues to grow its offerings, its guarantees and its player base as its reputation of being a legitimate, player-centric site spreads. If you are a poker player in the U.S. or Canada and want to try out a different kind of site, you can sign up at Global Poker for free today and check it out for yourself.

Global Poker is solely available to players in the United States and Canada.

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  Global PokerSweeps CashOnline PokerJoseph Del Ducavirtual currency gaming business model