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How the UIGEA Affects Online Poker

online poker

Despite the fact that the Limits in online poker sites are much lower than in traditional casinos, the money invested by online poker sites generates significant revenue for the sites. The low-risk investments, coupled with the fact that sites aren’t required to pay interest, allow these sites to invest a significant portion of their client’s bankrolls. Read on to discover why online poker sites make such a good profit. This article will also touch on the UIGEA and the pitfalls to avoid when playing online poker.

Limits are lower than those at traditional casinos

One of the most significant differences between brick-and-mortar casinos and online gambling establishments is the level of game limits. Because the margin costs associated with running an online poker table are so low, online casinos are often able to offer lower game limits than traditional casinos. In some cases, limit levels can be as low as $0.01, whereas most brick-and-mortar casinos have a minimum of $1 or $2.

Bonuses

When you’re playing online poker, bonuses can be confusing. Some expire after 30 days, others are for 60 or 90 days. Bonuses should not be too long to clear, but you should understand how much of it to keep and how long to use it. Bonuses can also restrict how much you can withdraw, so be sure to look for bonuses that provide you with cash up front. Bonuses can also be a great way to try out different sites before you commit to one.

Promotions

Promos for online poker can come in many forms. A new player can take advantage of freerolls and occasional bonuses, while a more serious grinder can participate in tournaments with overlays or VIP programs. While the number of promotions is vast, the best way to maximize your earnings is to find the best ones. Here are some tips to choose the best online poker bonuses:

UIGEA

The Unlawful Internet Gambling Enforcement Act (UIGEA) is a piece of legislation that has changed the face of online poker. Passed by Congress in 2006, it prohibits businesses from processing financial transactions for illegal online gambling operations. Despite the UIGEA’s shortcomings, it is still an important piece of legislation, as it has hindered the growth of online poker in the US. Here are the main reasons why the UIGEA might affect online poker in the US.

Is it legal in the United States?

Online poker began popping up in the late 90s, and has experienced meteoric growth since then. Despite the potential for federal regulation, the game’s rapid growth has been fueled by the lack of legal guidance. A bill known as the Unlawful Internet Gambling Enforcement Act was passed in 2006 but only after no senators had read the final text. The full text can be found here. Fortunately, there hasn’t been a single lawsuit filed against online poker.