How to Find a Legitimate Online Poker Site

online poker

Legitimate online poker websites are regulated at a state level. They charge players substantial taxes, provide loyalty and player rewards programs, and operate under strict state oversight. Additionally, they have a good reputation for fair games. If you’re wondering if an online poker site is legitimate, read on for the answers to these questions. You’ll soon see that the internet has brought the best of both worlds. And, it’s easier than ever to play poker online!

Legitimate online poker sites operate under strict state-level oversight

In the US, the gambling industry exploded in the early 2000s, largely due to the “Moneymaker Effect.” But soon after the UIGEA and Black Friday were passed, the federal government stepped in and regulated the industry, as well as the sites themselves. The idea was to avoid problems with federal laws, and individual states developed regulated online poker markets. These states only allowed players from the state in which they were licensed to play.

To avoid fraud and identity theft, players should opt for regulated online poker sites. Legitimate online poker sites will feature a seal and a link to the state’s gaming commission, demonstrating compliance with state regulations. A reliable site will also offer a variety of protections for players, including geolocation software, which ensures that players are operating from within the legal jurisdiction. Further, regulated online poker sites will ensure that player funds are secure and accessible at all times.

They offer loyalty schemes and player rewards

As the poker scene becomes more popular, many online poker sites have changed their loyalty schemes to attract new players. For example, some have relaxed their points requirements to attract casual players. Instead of 400 points a month, players can now earn around 50 points per month. Others may offer free tournament entries, merchandise, or even all-expense-paid trips. While many of these schemes are one-offs, others are becoming the norm.

Many real-money poker players love freebies. After all, they contribute thousands of dollars in fees and rakes each year. But there are many benefits to being a loyal poker player. In many cases, players can earn VIP rewards by signing up for loyalty programs. In return, these programs allow poker rooms to recognize loyal players and reward them accordingly. Some online poker sites even offer prefixed rewards for new players, so that they can take advantage of a free trial period.

They charge players significant taxes

One of the main misconceptions about online poker is that they don’t charge players any taxes. In fact, they do, and the reason is simple: double taxation. This law encourages players to play poker inland, but it also comes with its own disadvantages. Online poker is taxed significantly more than inland poker. However, the amount of tax charged per session is relatively small. Keeping a record of every session you play is critical.

Currently, the UK is one of the top destinations for poker players, and in 2001 the then-Chancellor Gordon Brown announced that the HMRC would tax the gross profits of bookmakers by 15 percent. This act expanded gambling laws to include off-shore companies and online casinos with a presence in the UK. Because of this, British citizens who play poker in the US must pay tax on winnings above $5,000.