The UIGEA curse Playing poker is exciting by itself, but playing online poker open more possibilities than just spending a good time at a real physical poker table with your friends, and yet you can invite them to join the fun on the Internet. However the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) made illegal gambling for American and American-based financial institutions that stopped their involvement with gambling sites including poker rooms, to avoid , money laundering, bank fraud, and violation to the gambling law. Is poker at all legal? Overtime, there has been too much confusion about the legality of online poker for American citizens due to ambiguity defining the gaming or gambling category poker falls into. According to the New York state, poker is a game of skills, not chance, hence it should not be considered voided by the UIGEA, in fact actually it is legal to play online poker as long as the company has a brick and mortar presence in such state. However, there are several pros and cons that you should know before engaging in playing online poker, even if you do not live in the USA. So what’s the fuss all about when it comes to online poker? Poker Pros The main pro to playing online poker is that you do not have to go anywhere to spend a good time, and even try your skills to win some real money in many cases. Poker can be played from your home and bring additional advantages including: Online poker websites accept people from all over the world, including US-based participants Online poker rooms are open 24 hours a day all year round for your convenience Many poker rooms are available as training schools so you can practice without risking your hard-earned money A word of caution if you’re from The United States…. However if you are an American citizen it is always prudent to read first the site disclaimer and terms of service to make sure what it the site’s approach to the UIGEA or the posterior law provisions that regulate a particular website. As in example, New York-based online poker services are allowed by law and there is not problem for Americans playing a hand at such places. Poker Cons Even though, online poker keeps being a controversial topic because if it involves money, no matter how small is the rake nor how high is the stake because betting money will always bring to your attention legality matters involved with online gambling and the infamous Unlawful Internet Gambling Enforcement Act of 2006. Therefore, keep in mind that among the cons to play online poker you will find: Geographical location restrictions if you live in the United States Withdrawn restrictions if the money destination is a bank in America Financial trouble if you live elsewhere and you are not aware of gambling addition. The easiness of playing online poker and other gambling games was in part responsible of bringing the UIGEA in America and […]
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