Withdrawing Money From Online Poker Sites

These sites for online poker for real money range in variety, but one thing they all have in common is that they let you play poker for real money. Here’s some information on these sites. You can deposit and withdraw funds easily from the site, minus a lot of the hassle that you may get with other sites. The Welcome Bonus is good up to $3750. Legal US Poker Sites for Real Money in 2020. Online poker in the USA in 2020 has been doing rather well and while we will discuss the issues the industry is currently facing in detail, we want to draw your attention to the best US poker sites first. No fees to get your Bitcoin online poker money. Bitcoin poker sites love the king of crypto because they don’t have to pay anyone to charge your credit card or cut you a check. Online poker sites accepting Bitcoin might be paying a lot on Bitcoin mining fees, but they don’t pass it on to the players.

  1. Withdrawing Money From An Annuity
  2. Online Poker Sites Real Money
  3. Withdrawing Money From Pension
  4. Online Poker Sites For Money


The online poker world features plenty of conspiracy theories. Some of these include:

  • New players receive better cards to help them win in the beginning.
  • A glitch exists lets you see temporarily see opponents’ hole cards.
  • Poker sites use bots on their customers to make more money.

Each of these conspiracy theories is well known to a degree. However, no online casino poker gaming conspiracy has been discussed more frequent than the cashout curse.

In fact, this curse has been discussed so much that many players completely believe it. But is the cashout curse actually real or just a myth?

I’ll discuss this matter by first covering more on the curse, why many believe in it, and the reality of the situation.

What Is the Cashout Curse?

The cashout curse suggests you’ll experience a bad run of cards after withdrawing money from a poker site. You’re supposedly more vulnerable to this problem if you make a large cashout.

For example, you might initiate a withdrawal and suddenly be unable to buy a pocket pair. Or, you may get solid cards, but have terrible luck after the flop.

In general, you’re supposed to worry about your results after withdrawing money. Online poker software is allegedly designed to punish you for taking funds off their sites.

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What’s the Basis Behind the Curse?

The main reason why people believe in this curse is because they think poker sites are out to get them. Specifically, they believe online poker rooms want to punish them for withdrawing.

Those with tin foil hats think online poker sites will do anything to keep more money within their ecosystem. After all, more funds circulating around a site means more rake.

It doesn’t help matters that certain sites have cheated in the past. For example, an UltimateBet (UB) insider named Russ Hamilton could see his opponents’ hole cards. Likewise, an Absolute Poker insider used the same type of “superuser” software to see other players’ cards.

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Of course, these are isolated incidents that only involve a couple of operations. But they create the everlasting impression that any site could cheat its customers.

Real or Fiction?


If you’re at all worried about the cashout curse, then stop! It doesn’t exist.

It may seem logical to believe that poker sites would take vengeance on you for withdrawing money. But the following reasons explain why it’d be foolish to engage in such practices.

Poker Sites Make Money Through Rake

Earlier, I mentioned how online poker rooms can benefit by having more money on their site. Lots of funds increase the possibility that more cash will flow on the tables and deliver rake to the house.

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By and large, though, poker sites will make their money as long as enough people are playing. Furthermore, they don’t actually gain any advantage by causing you to lose money. Their profits come entirely through rake from cash games and tournaments.

One more point worth making is that poker operators can actually accomplish the opposite effect by sending bad luck your way.

If you continue getting bad cards and losing, you’re less likely to continue playing at a given site.

Online Poker Rooms Aren’t Devastated by Withdrawals

The underlying theme behind the cashout curse is that you’re hurting poker sites by withdrawing. But the reality is that your individual cashout won’t mean much to a site in the long run.

Unless you’re a multimillionaire high-stakes online gambler, you’ll probably be making plenty of small banking moves. Your $50 or $100 won’t cause a site to start panicking.

Furthermore, internet poker rooms don’t really care about withdrawals as long as they’re getting consistent traffic. The traffic, after all, is what has a direct impact on rake.

Poker Sites Would Need to Put Too Much Work Into the Curse

Poker sites can’t just initiate a cashout curse with the flick of a button. Instead, they’d need to make massive updates to the software to rig the system.

Is all of this time and effort worth it just to scare players away from withdrawing money?

No, the average poker site won’t receive much benefit from using these scare tactics. In fact, they’d probably lose more money when accounting for the software development and extra manpower needed to punish withdrawers.

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Yet one more problem is that a curse would punish countless players. After all, thousands of online grinders cash out on a daily basis. Just imagine the headaches involved with trying to get revenge on each one of these players.

Reasons Why You May Lose After Withdrawing


Even after seeing the logical reasons for why the cashout curse isn’t real, you may still question the matter. This is especially true if you manage to lose the most after initiating a withdrawal.

You’re likely to continue believing in the curse in this situation. But there are some explanations that cut through the idea that an actual curse is afoot.

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You Cash Out When You’re Running Good

Withdrawing Money From An Annuity

More times than not, you’ll withdraw money from an online poker room when you’re running well. You may turn $500 into $1,000, for example, and want to enjoy the spoils.

Perhaps your winnings have come in part due to solid poker skills. But chances are, any hot run that you experience will also be aided by good cards.

Poker may be considered a skill game, but it also involves a great deal of luck. You might experience a hot streak for several weeks, only to suffer through a brutal downswing afterward.

If you’re used to cashing out after a good run, you may be in for a dry run of cards soon after. This timing plays into the idea that it’s the withdrawal, not your luck going south, that causes you to lose.

You Become Confident and Try New Games or Stakes

In addition to withdrawing some winnings, you may be motivated to try a new variation or move up in stakes when you’re doing well. After all, you’re likely to be running high on confidence.

Odds are that you won’t be a beast at whatever new poker game you try. In fact, you could lose a lot of money until you develop the necessary skills to win.

If these losses come on the heels of a cashout, you might again believe that your downswing is due to the withdrawal. But you need only look at the fact that you’re trying a new variant or higher stakes to see why you’re suddenly losing more often.

You Withdraw Too Much and Play Differently


Casino bankroll management suggests that you have at least 25 cash-game buy-ins and 75-125 tournament buy-ins for your chosen stakes. These recommendations might seem like overkill, but they’re meant to help you survive the variance of poker.

Bankroll management is especially important for pros who need to survive poker’s ups and downs to continue making a living. If you’re just a recreational player, you might not stick with these hardline bankroll requirements.

Furthermore, you may feel like cashing out lots of money from a poker room for one reason or another. For example, you might need extra money for Christmas presents and take it off a poker site.

But when you decimate your bankroll to this degree, you may suddenly start playing differently. If you’re playing scared and are afraid to lose, then you’ll have more trouble earning profits.

Conclusion

The cashout curse is one of the oldest myths in online poker. It suggests that you’ll be punished for withdrawing money from a site.

Many players believe in this curse, because they seemingly lose money after cashing out. However, their bad run can be attributed to other factors.

First off, people tend to withdraw money after a good run. They want to take advantage of their hot streak and enjoy the winnings.

But despite the skill factor, poker is a game of variance. Somebody who runs well may quickly experience a downswing in the aftermath.

Some players feel confident after a strong run and will try a new variation or higher stakes. They’re more likely to lose money in these instances. Assuming they cash out before experimenting, they may blame their losses on the withdrawal.

As for poker sites, they don’t really have any concrete reason to punish customers who cash out. They make money from rake, rather than causing players to lose.

Withdrawing Money From Online Poker SitesPoker

In fact, creating a withdrawal curse might do more harm than good. Players who frequently lose are more likely to leave a site and even drop out of poker for good.

It’s also worth considering how much work would be needed to make a cashout curse happen. Sites would have to put extensive time and money into reprogramming their software to punish withdrawers.

Long story short, internet poker rooms have little to gain and more to lose by causing a withdrawal curse.

If you play online poker in the US you will know that the entire process of trying to get your money on and off a poker site is challenging. It’s difficult enough to find a US poker room that can process a credit card transaction let alone trying to find one that can pay out on time.

For this reason, we have written a complete overview of the best poker sites that have the fastest payouts in the industry. We only focus on US friendly rooms and we update weekly - if not daily, on current processing times. This will help you to decide which poker rooms are the fastest paying sites for USA players.

Throughout the review we will mention the number of days it takes for a site to process a withdrawal. These numbers are based on real player reports and feedback we receive daily.

Don’t forget to read the reviews. All of the sites listed below have detailed banking reviews and covers how to deposit, which payment methods provide the quickest withdrawal and bonuses exclusively for our readers. If you have any questions or concerns regarding either your deposit, or withdrawal, we encourage you to contact us here.

This page was last updated on January 17, 2020

Poker Sites Ranked on Speed of Withdrawals

  • Poker RoomUSABonus%MatchBanned StatesPoker Room Review
  • 1. Bovada Poker$500100%NY, MD, WA, UTBovada Poker
  • 2. Ignition Poker$2000100%NY, MD, WA, UTIgnition Poker
  • 3. BetOnline Poker$2500100%Accepts All!Bet Online Poker
  • 4. Sportsbetting Poker$2500100%Accepts All!Sportsbetting Poker
  • 5. ACR$1000100%NY, MD, WA, UTAmerica's Cardroom
  • 6. Black Chip Poker$1000100%NY, MD, WA, UTBlack Chip Poker

Which US Poker Sites are the Fastest Paying for Withdrawals?

Ignition Poker - Cashouts Processed in Less Than 3 Days!

Withdrawing money from online poker sites without

Ignition Poker is an industry leader and is currently the fastest paying poker site for US players. Most withdrawals are processed in as little as one week if not sooner. The fastest way to get your money off of Ignition is by using the money transfer service. As of Friday, January 2020, players are reporting a 3 day timeframe from the time they request the withdrawal to the time they’ve received the MTCN number. The cheapest route for money transfers is by using MoneyGram.

Ignition Poker USA Deposit Methods
Visa, Wire Transfer, and MoneyGram

BetOnline Poker - Average Withdrawal Processed in 3 - 5 Business Days!

Online Poker Sites Real Money

BetOnline is another good choice if you are looking for a poker site that processes deposits easily and provides prompt payouts. The current timeframe for US players to request a withdrawal and have it processed is 5 days. This is well above industry norm where other US poker rooms can take up to 3 weeks. BetOnline also offers a sports betting site and casino, all of which accept American players. To cash out quickly from BetOnline we suggest you use the money transfer service.

Bet Online Poker USA Deposit Methods
Visa, Prepaid Visa, eCheck, Person to Person, Money Orders, Bank Wire, Checks.

How to Cash Out From A Poker Site Easily?

The one question that always lingers in many online poker players minds is: 'How do I get my money when I win?' It is quite evident that it is harder for US based poker players to make deposits and withdrawals to US poker sites due to restrictions enforced by the Unlawful Internet Gambling Enforcement Act (UIGEA) that was introduced in 2006. The Act has made it harder for people living within the country's borders to make deposits and withdrawals.

This being the case, most of the options that are available to players from other countries are not available to United States poker players. Though, some states like Nevada are showing promising signs that the law might change in the future, the definite time is not known. Until US gambling laws change, American players are left with fewer withdrawal options.

Below is a list of the three mot popular options to cash out from your account. In addition to the three payment methods below, all US poker sites offer checks as a means to withdraw from your poker account. Checks are delivered by courier but can take a bit longer than the methods listed below.

Instant Checks - This is one of the best withdrawal methods. The poker room then sends the money directly to the given bank account. The advantage of using echecks is that no middle man is involved, and there are no hidden costs. More so, the money takes around 4 to 7 business days to reach your bank account.

However, the downside is that only a few US poker sites offer this withdrawal option. Check with your poker site to see if they have this method listed. The legal situation in the U.S. makes it hard for USA poker sites to process eChecks, so this deposit method comes and goes in spurts.

Withdrawing Money From Pension

Wire Transfers - This is by far the fastest means of withdrawing your winnings. However, many US poker sites do not list it as a withdrawal option but it is used as a reserve for large account holders. Wire transfer is costly, but it is the fastest means of withdrawing money. If your poker site does not have this method listed on their site, send an email to customer support asking about its availability.

Online Poker Sites For Money

Cash Transfer - This is the most appropriate withdrawal option for medium-sized withdrawals. Moneygram are some of the commonly used cash transfer methods. Once you make a withdrawal request, the poker room will send you a confirmation email with all the details that you will need when cashing out, including the money control number. This is a fast method of cashing out, but it also comes with attached fees. So, weigh your options first before making a decision on the method to use.