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Quick Links |
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Free Services |
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Frequently Asked Questions |
1. What can the PokerLibraryOnline do for me?
2. Do I have to play for real money at online poker rooms?
3. What is a bonus? What is a match bonus?
4. What are the advantages of an online poker room?
5. How do I deposit money to an online poker room?
6. Is it safe to use my credit card at an online poker room?
7. What are my deposit and withdrawal options?
8. Why use Neteller or Firepay and what are they?
9. How do I collect my poker winnings?
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| 1. What can the PokerLibraryOnline do for me? |
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Whether you are an online poker pro or just wanting to learn how to get started, PokerLibraryOnline will be a great asset. If you want to learn how to get started, read through the rest of the F.A.Q. questions and answers and you will be well on your way.
PokerLibraryOnline is an independent site committed to providing the online poker player with the best online poker room reviews, sign-up bonuses, and related resources. We have independently reviewed the top online poker rooms and have access to the best bonuses on the net. We also have a slew of resources such as books and videos, rules, strategy, and recent poker news.
We offer a monthly email NEWSLETTER that will provide you the best reviews and bonus information. We also offer free use of our exclusive CUSTOMIZER software. You tell us what is important to you - whether it be the best sign-up bonus, the highest limit game, the largest tournament prize, the number of players you prefer to play with - and our exclusive CUSTOMIZER software will find the online poker rooms that best suits your profile. Just for visiting the PokerLibraryOnline and signing up you can receive this free service.
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| 2. Do I have to play for real money at online poker rooms? |
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| No, absolutely not. Every poker room gives you the option to play for fun for free. PokerLibraryOnline encourages you to download the software from various poker rooms and play for fun. This will give you the opportunity to see what the poker room has to offer and you can then decide if you wish to play for real money. |
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| 3. What is a bonus? What is a match bonus? |
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Bonus: A bonus is a free sum of money given to you by poker rooms to entice you to sign up at their site. Because the online poker room industry is so competitive these days some bonuses offered by poker rooms are quite genereous. Most bonuses are sign-up bonuses and are in the form of a match bonus.
Match bonus: Most poker rooms will give you a matching percentage of your initial deposit up to a maximum amount. For example, a 50% match bonus up to $100 means that the poker room will give you $.50 for every dollar you deposit up to a maximum of $100. So in this case if you deposit $200 you will get a $100 dollar bonus for a total of $300 to play with. Read the fine print as you normally have minimum play requirements to qualify for the bonus amount. |
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| 4. What are the advantages of an online poker room? |
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There are a number of advantages for both the novice and seasoned player.
(i) The rake (the small amount of money the poker room takes from each pot) is usually significantly less than a regular poker room. This leave more money for the players to win.
(ii) At a regular poker room, when you cash in $100, you get $100 in chips. The online poker rooms compete for your business and at some establishments you can deposit $100 and they will give you up to another $300 in bonuses. At some poker rooms you can deposit $20 and get another $30 free just for signing up. Virtually all online poker rooms offer some sort of bonus incentives.
(iii) A major advantage to online poker is the huge number of hands you can play. At a typical land based poker room you could play up to 20 hands in a hour. Online it is possible to play over 100 hands per hour and up to 4 tables at the same time. If you develop into a winning player you can really increase your earnings by playing online.
(iv) There are games with betting limits from $.05/$.10 for the beginner and up to $100/$200 no limit games for the high roller, and many choices in between. You will never find a land based casino with less than a $1/$2 table. There are sit and go and huge multi table tournaments. Entry fees range from free to $500. Prizes also vary from a few hundred dollars to $250,000.
(v) Many poker rooms allow you to chat with the other players at your table, provide game statistics, and many allow you to keep extensive notes on the people you play with to help you remember how they play the next time you meet them.
(vi) Many of the good poker rooms offer player loyalty bonuses to keep you at their establishments. They are usually in the form of free tournament entries and cash bonuses for deposits.
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| 5. How do I deposit money to an online poker room? |
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| Most online poker rooms offer a variety of methods for making a deposit. They include Visa, Mastercard, Neteller, Firepay Bankwire, Ewallet, Wire Transfer and a host of other convenient methods. |
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| 6. Is it safe to use my credit card at an online poker room? |
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| Most online poker rooms today are regulated by the government of the country they operate in. The poker rooms use the same software to transfer money as your bank does. In most cases it is safe and secure to use your credit cards. We do our best to insure that only poker rooms that are well established with the highest levels of integrity are listed on the PokerLibraryOnline web site. |
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| 7. What are my deposit and withdrawal options? |
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There are a number of deposit options that are available for online poker players. If an online poker room does not support the particular choice you prefer there is surely another poker room which does. The services that are listed below are a comfortable way to deposit and withdraw funds to your online poker room account. You might find that using a number of various services simultaneously can fit your needs. Please notice that this is an advisory list of most popular web cash technologies that are often used by online poker rooms and is not in any way meant to be a complete guide.
Neteller
Neteller is considered one of the best, if not the best, option by many online poker players. It is supported by all major online poker rooms, provides a vast number of options to withdraw and deposit funds, and offers quick and free money transfers. Recently Neteller has instituted a new security measure called Secure ID.
PrepaidATM
PrepaidATM is another popular and secure way to do online money transfers. It is not just an online service but is an actual ATM card that can be also used for other Internet purchases, money transfers and even ATM withdrawals, while not being tied to a bank account. All major online poker rooms essentially support it. Many online poker players like using this card because of well suited privacy options.
FirePay
FirePay is designed specifically to act as a web cash provider for U.S. bank accounts and is considered a preferred option for such U. S. bank account holders. It's a simple, powerful, and secure way to quickly transfer between your online poker room account and the bank account. All major online poker rooms support it.
1-900 numbers
1-900 number payments are the simplest and fastest way to deposit funds into your online poker room account. You will be charged to your phone bill. 1-900 number might be a good choice for first time online casino players.
Credit cards
Credit cards are very usable at online poker rooms but because they cost the poker room more to accept, they ususally offer you a bonus to use another method of deposit. Visa and Mastercard are the most popular credit card options. Many credit card companies have banned the use of their card at internet gaming sites. You will have to check with your card company to see if they allow it. It is easy to try make a deposit to your favorite online poker room with you credit card and see if it goes through.
Wire transfers
Most online poker rooms accept and encourage wire transfers. Even though these take some time to be processed, the online poker room will usually reward you with special bonuses if you use them.
Citadel
Citadel offers one of the safest online transaction methods available. You must have a checking account at a financial institution in the U.S. and your checks must be payable in U.S. Dollars.
Checks
Some online poker rooms directly accept checks and bank drafts. Keep in mind that it takes time to clear these kinds of transfers with banks and we recommend them as a last resort option.
Moneybookers
Moneybookers is a well established and respectable tool that allows online poker players to send and receive money via e-mail. The transactions with Moneybookers are instant. This company is known to have excellent support.
Western Union
Western Union is an undisputed leader in the money transfer industry with more than a century long history of successful business. While mostly dealing with cash transfers, Western Union also deals with most other forms of payments such as credit cards which makes it viable for the online poker players.
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| 8. Why use Neteller or Firepay and what are they? |
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| There are a host of companies similar to Neteller and Firepay but these are two of the most recognized names in the business of internet money transfers. For example, Neteller operates a secure online funds transfer service. One of the leading service providers in the industry, the firm has been providing secure online transactions since 1999. A Neteller account acts as an e-wallet that enables members to deposit, withdraw and transfer funds. Members can instantly transfer funds to/from any merchant website that supports Neteller, and to/from other Neteller members.
You can set up an account with Neteller or Firepay and they can directly transfer funds from your bank account to your Neteller or Firepay account. They in turn can make immediate transfer of funds to the poker room of your choice. When you wish to cash your winnings out from the poker room, you can simply reverse the process and put money back into your Neteller account and then back to your bank account.
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| 9. How do I collect my poker winnings? |
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There are a number of ways you can collect your money from the poker rooms you decide to play at. If you made a deposit with Visa or Mastercard and are a European player, the poker room will credit your card back up to the amount of your deposit. North American players must find an alternate method as credits back to Visa and Mastercard are not allowed.
The poker room will mail you a check or you can have it couried by Fedex. Mail is usually free but very slow. Fedex next day is free or low cost at most poker rooms on amounts over $1,000. The ideal way to transfer funds is by Neteller, Firepay or a similar service. Most poker rooms offer deposit bonuses to customers who use these types of services.
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