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I'm just a simple guy. A simple guy who plays a ton of poker online nearly everyday of the month. Online poker is very important to my financial stability and I would be absolutely devastated without the checks I receive from my poker site and cash at my bank. Things are running very smoothly right now. Since the Neteller debacle/scare back in January I have been closely following the progress of the release of the dreaded regulations of the UIGEA here on 2p2 and also on the site
http://www.compatiblepoker.com/usa.php#uspokerdates. I commend everyone involved with these two sites for their efforts in finding, processing, and presenting all the information about all this. Honestly, it helps me sleep better at night knowing whats going on. But now that the regs are out I need to know what they mean. I honestly can't figure out most of what you guys are saying from the recent threads and I would appreciate it if someone like TheEngineer could put this all into simple terms for me to understand exactly what impact these regs will have on my life. From what I can decipher so far, they don't seem to be all that bad. But what I really wanna know is, will I always be able to get money off the site and into my pocket about as easily as I can now? Also, will the casual American poker player always be able to deposit funds onto the sites about as easily as they can right now?
I apologize for the length of this question but thats how important this is to me.
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According to Reuters,
The regulations stopped short of requiring banks to stop checks. So checks will always be allowed. Nothing is set in stone yet because the regulations are not final yet. However from what I've been hearing the regs are full of huge holes and dont have much substance.
In other words I wouldn't lose sleep over this, even the sports gamblers are cheering over these regulations. And poker is definately not as frowned upon as sports gambling.