How to Cash Out Your Online Poker Winnings

Cashing out your winnings from online poker is not the same as making an actual cash deposit in a casino. While it’s possible to deposit money into an online poker account, it will usually take days to cash out, and the amount you can withdraw may be much less than what you’ve deposited. Moreover, cashing out is not without fees; some online poker sites charge up to $30 for each transaction, and you might have to wait for a couple of days before you can withdraw your money.

Legal online poker websites require proof of identity and address, as well as a backup method of payment. For example, a photo of a credit card with the last four numbers blacked out is acceptable. Likewise, a section on the site explaining the process of self-exclusion is available. The evolution of online poker has come a long way since 2011, when the Department of Justice and the FBI chased away the big boys from US players. Currently, four states are legalized to play online poker.

Online poker lobbys usually have separate tabs for tournaments, cash games, Sit & Go’s, and special formats like stud games. Beginners should start out by playing at “beginner” tables, which are usually found in online poker rooms. These tables are designed to ensure that all players are on an even playing field. The best way to start playing online poker is by registering in the site. Once you’ve signed up, you’ll be asked to enter certain personal information, such as your name and address.