When you play online poker, you will need to deposit money before you can start playing. Most poker sites require players to provide information such as their date of birth, social security number, full name, and address. The deposit limits vary from site to site, ranging from $5 to $20 to hundreds of dollars or even thousands of dollars. The amount of time required to clear the funds varies, but it should be a matter of hours or days. It is always a good idea to obtain an IRS IP PIN or to secure a bank account for other financial transactions, like online poker.
The question of whether the Wire Act applies to online poker is a legal gray area, and legal teams are seeking clarity from the DOJ. Whether the Wire Act is applicable to online poker remains to be seen, but a definitive answer will likely clear the way for future interstate compacts. If Nevada jumps at the opportunity, it will be an early adopter. After all, it has a history of interstate compacts.
Despite the benefits of playing online, some players claim that the game is more difficult than live. For example, online players often report having more bad beats than live players, as the stakes are lower. These players are prone to calling with sub-par hands and making calls despite having little or no value in their hands. This leads to bad beats and fewer wins for online players. The disadvantage is that the game can be easier to cheat than live, and the speed of online play may make it more difficult for the player to keep track of the action.
To prevent a player from being identified, Ignition Poker offers Anonymous Tables. When playing online poker under a username, your opponents can follow your progress. Anonymous tables can also protect newer players from the dangers of shark-filled waters. However, players at Ignition cannot use Heads-Up Displays, which makes anonymity essential. While playing online poker, it is best to play with a friend or relative with whom you are comfortable.