December 2014 U.S. Offshore Online Poker Payment Processing Report

Maying a paymentOffshore online poker sites that accept U.S. players continue to process payments in a respectable time frame.  Some payouts are delivered in just one or two days.  Speeds improved some over the previous month, even with football season still in full swing.

Our November processing report may be found here.  Last month’s grades are in parenthesis.

Bovada A+ (A)

Bovada moves back up to an A+ this month.  Speeds were faster during the past month compared to the previous one, an amazing feat considering the volume Bovada processes.  Players may receive one free check, bank wire, or Visa cashout each month.

Checks are processed in 3-14 days.  Most of the reports were five or six days with a few reports on opposite ends of the time frame.  The maximum check amount is $3,000.  There is a $50 fee on checks after a complimentary monthly withdrawal has already been processed.

Bank wire speeds improved drastically.  While there are a couple of reports in excess of three weeks, most players reported receiving a wire in 3-7 days.  This is as fast as a bank wire can be processed.  The maximum bank wire amount is $5,000.  There are also fees charged by intermediary banks, as well as the player’s receiving bank.  Bovada charges $50 for the service if a complimentary withdrawal has already been processed.

Bovada also processes withdrawals to Visa cards.  These are processed in 4-7 days.  The fee is $50 after the first one each month.

Western Union withdrawals are processed in 1-2 days.  The fees and amounts are as follows:

Western Union

  • $100 – $249 Fee: $50
  • $250 – $499 Fee: $75
  • $500 – $999 Fee: $100
  • $1000 – $1499 Fee: $150
  • $1500 – $2000 Fee: $200

Winning Poker Network A+ (A)

The Winning Poker Network (WPN) has consistently paid players quickly.  December has been its best month in the past year and it moved up to an A+ this month because of it.  The Winning Poker Network cashier processes payments for Americas Cardroom, Black Chip Poker, and True Poker.

Checks arrive in 7-10 days.  The maximum check amount is $2,995.  The fee is $65.  Players may receive one free per month.

WPN offers debit card withdrawals.  Players may request the card for $25.  It arrives in a week or less.  Once the WPN debit card arrives, withdrawals are processed in 1-2 days.  There is a $5 monthly maintenance fee for the card and fees for every cashout from the issuing bank and the ATM owner.  Players may withdraw once per week up to $2,500.  The maximum monthly withdrawal is $10,000 by the WPN debit card.

The Pay2Card option sends cashouts directly to a bank issued credit card.  The maximum withdrawal amount is $1,000 per transaction.  There is a $35 fee.  The processing time is about one week.

Western Union cashouts are processed in 2-3 days.

  • $100 – $299 Fee: $60
  • $300 – $499 Fee: $70
  • $500 – $749 Fee: $85
  • $750 – $999 Fee: $95
  • $1,000 – $1,500 Fee: $110

BetOnline B+ (B+)

BetOnline is the flagship of the Chico Network.  Checks are delivered in 5-15 days.  Money orders may be substituted for a check.

Cash transfers are also available.  These may be processed as Western Union.  These are processed in one week or less.

High volume players may receive one free withdrawal per month.  It must be requested on a Friday and the fee must be $50 or less for the desired option.  More expensive withdrawal options receive a $50 discount.

BetOnline withdrawal fee schedule:

  • International ewallets: $20
  • Checks and money orders: $25
  • Bank wire: $45-$75
  • Western Union: $34-$101

Intertops B+ (B+)

Intertops is a member of the Revolution Gaming Network that shares many tables exclusively with Juicy Stakes.  The withdrawal speeds at Intertops would give it an A grade if the site offered a free withdrawal option to U.S. players.

Checks arrive in one week and have a $50 fee.  The maximum check withdrawal is $3,000.  Bank wires are processed in 2-3 weeks.  The fee is also $50 for this method.  Intermediary banks and the player’s receiving bank will also tack on fees.

Withdrawals may be requested to a registered bank card.  The fee is $9 and the max is $5,000.  These are processed in less than one week.

Western Union withdrawals are processed in 1-2 days.  The amounts and fees are as follows:

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

SealswithClubs B (B)

SealswithClubs is a Bitcoin-only site.  All transactions are in this currency.  Withdrawals are processed in 12 hours or less.  Players must then convert the Bitcoin into U.S. Dollars.

Merge Gaming B- (B+)

Check withdrawals slowed at Merge Gaming this month.  This cashier processes payments for Carbon Poker, Sportsbook.ag, PlayersOnly, and SuperBook.  Check withdrawals are now processed in 2-4 weeks.  There is a 3% fee.  One free withdrawal is offered one time per year.  The maximum check withdrawal amount is $2,500.  High volume players also have cash transfers available.

Juicy Stakes B- (B-)

Juicy Stakes is a member of the Revolution Gaming Network.  It shares higher limit games exclusively with Intertops.  Players receive withdrawals in one week or less by check or Western Union.  The speed is exceptional, but the fees are excessive, which keeps it from receiving a higher grade.  The maximum withdrawal amount is $1,000 and the fee is $100 for both withdrawal options.  Players that earn 100 points in a week will receive a $50 discount on the withdrawal fee.

Lock Poker F- (F-)

Lock Poker is a total scam.  Some players have been waiting two years for withdrawals.  The site owes nearly $1 million in requested withdrawals to players that also have $2 million in account balances.  Those totals include only Two Plus Two members that have reported their experience to IHasTehNutz.

Any money left on Lock Poker should be considered nearly worthless.  Player-to-player trades occur at rates of $.05 on the dollar and below at the Two Plus Two forum.

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