Hello, I just made my first deposit on America's Cardroom using bitcoin through coinbase. I just wondered if there was a different way to deposit that may save me some fees, such as a different. An In-Depth Ripple Guide by Americas Cardroom. Cryptocurrency Home. Then use a site like Coinbase to transfer your Bitcoin into your preferred fiat currency.

US customers residing in a state where Coinbase offers service can fund their Coinbase accounts with USD via bank-wire or ACH transfers. Prior to transferring funds from your bank, you must verify your US bank account through the process below. For additional questions regarding adding payment methods, please visit Help Article.

Deposits are available on the Pro mobile app by going to the Portfolios page and tapping the Deposit button in the top right-hand corner.

Verify a US bank account

1. Open the trading view at pro.coinbase.com/trade
2. On the left-hand column under Wallet Balance, select the Deposit option
3. In the Currency Type field, select USD
4. Select the Bank Account tab, then select From, then select Add Account
5. You will be redirected to Coinbase.com to complete the bank account verification process

Depositing from a U.S. Bank Account (ACH)

1. Open the trading view at pro.coinbase.com/trade
2. On the left-hand column under Wallet Balance, select Deposit
3. In the Currency Type field, select USD
4. Select the Bank Account tab. If you have verified your bank account, it should be listed here under From
5. From the drop-down menu, select the verified bank account you would like to deposit from
6. Specify the USD amount for the transfer then select the Deposit USD option to confirm
   

Depositing from a U.S. Bank Account (Bank Wire)

Bank wires are available to Coinbase Pro customers who have access to USD-denominated order books.

1. Open the trading view at pro.coinbase.com/trade
2. On the left-hand column under Wallet Balance, select Deposit
3. In the Currency Type field, select USD
4. Select the Wire Transfer tab. Follow the on-screen instructions—you will need to initiate a wire transfer from your bank account to your Coinbase Pro account
5. You’ll be presented with instructions that provide either a personal account number or a unique reference code (you don’t need both) for initiating a wire transfer from your bank account
6. Please note that the name on your bank account must match the legal name on your Coinbase Pro account for the wire to be accepted

Please be careful not to send an overnight or next-day *ACH*. An actual bank wire (not overnight or next-day ACH) must be submitted when sending to our wire details.

Withdrawing to a U.S. Bank Account (ACH and Bank Wires)

1. Open the trading view at pro.coinbase.com/trade
2. On the left-hand column under Wallet Balance, select Withdraw
3. In the Currency Type field, select USD
4. Select the ACH Bank Transfer or Wire Transfer tab. If you have verified your bank account, it should be listed here under To
5. From the drop-down menu, select the verified bank account you would like to withdraw to
6. Specify the USD amount for the transfer. You are able to withdraw all of your USD by selecting the MAX option
7. Select the Withdraw USD option to confirm your withdrawal

How long will it take to deposit/withdraw from my bank account?

ACH
Purchases made using a debit card or the USD wallet are made available instantly.

When using bank transfers, the ACH bank transfer system is used for payments with your bank account. The ACH bank transfer system typically takes 3-5 business days* (which may be as many as 7-10 calendar days, depending on the timing of weekends and other bank holidays) to complete after initiating a purchase. The timing will be displayed prior to confirming your order.

You may see the funds immediately debited from your bank account when you initiate the transfer, but the funds will not be transferred to your wallet until your payment has finished moving between the banks and clears in our bank account.

After the banks have processed the transfer, the funds enter our system and you will see the money in your account sometime before the end of the estimated delivery day. This date is shown on the confirmation window when placing your order and can be located in the order confirmation email you received from us. End of the day is considered 11:59 PM PST.

Wires
Bank wire transfers may be credited to your Coinbase Pro account on the same day if submitted by 1:00 PM PT. Otherwise, funds will typically be available after one business day.

Mason Malmuth, head of popular online poker community TwoPlusTwo, has taken the decision to stop accepting advertising from offshore poker room Americas Cardroom (ACR).

The decision has not been taken because ACR continues to accept US players without any regulatory oversight in the USA. In a post on TwoPlusTwo, Malmuth explains that he has become aware of several security issues affecting ACR and that despite raising these in a letter to ACR and Winning Poker Network (WPN) CEO Phil Nagy, he has not had a response.

“… according to many posters on our site, some problems have developed on Winning Poker Network and we in Two Plus Two management agree that they need to be addressed.

So, to this end, on Saturday February 24, we sent their CEO Phil Nagy an email letter where we addressed four issues: late tournament registration (which we now understand has been addressed), bots, possible super users, and other possible collusion. We also made some suggestions as to how some of these issues could be addressed.”

TwoPlusTwo doesn’t make money from subscription fees and relies on advertising and affiliate income for its revenues, so it has a strong incentive not to reject ACR’s business, nevertheless Malmuth explained:

“As of the time of this writing, March 1, 2018, we have not heard back from them and have decided to take the following action. Two Plus Two Interactive LLC will not accept any more advertising from Winning Poker Network and their sub-forum will be closed. Of course, this can all change if we do get a positive response from Winning Poker Network and they still want to advertise with us.”

Chicago Joey Ingram raises the alert

The current situation has come to the attention of poker players mainly because high stakes player and popular online poker blogger Joe “Chicago Joey” raised the issue on social media.

At the beginning of February, Ingram released the first of three YouTube videos attacking Americas Cardroom. He accused Nagy of failing to provide fair games that, in his opinion, were full of collusion and bots.

Ingram presented prima facie evidence that there was a security weakness in the algorithm for seating tournament players and showed statistics on players that provide strong indications that bots were active in SNGs and cash games even at the lowest stakes.

The evidence was presented alongside clips of Nagy explaining in interviews what his attitudes were to running an online poker room. Joey also said that he had discussed the issues directly with Nagy, but that he was unsatisfied with the response, and their “friendly” relationship had now been ended.

Any streamers & players that continue to promote @ACR_POKER to their audiences I will never work together with, promote, want anything to do with, etc. until ACR addresses the massive security concerns & their overall not giving a fuck attitude changes.

— Joey [GTO] (@Joeingram1) March 1, 2018

In short, Ingram’s complaint is that ACR rightly prioritizes player fund protection and making sure that players always get rapid access to their money, but that this isn’t enough. To genuinely look after the players, ACR must also address the very real issues of game security presented by collusion and bots, mainly emanating from Eastern European countries.

Phil Nagy responds to USPoker

USPoker contacted Phil Nagy to get his side of the story. In a long Skype call, Nagy’s frustration with the situation was very evident. He clearly feels that the criticism is unfair and believes that he takes game security more seriously than most of his competitors in both the US facing and rest of the world market.

Firstly, Phil acknowledged that some of Ingram’s criticism was fair. ACR did have an issue with the tournament seating algorithm.

Players who entered a tournament at the same time would indeed find themselves sat at the same table – a loophole that was exploitable by colluders. However, this algorithm has now been changed with a “hotfix” that was not widely publicized, although some players who had been affected by the problem were emailed about the change.

Nagy said that it was true that Ingram contacted him about the issues, and that he agreed to speak further about the issue. But when he had the conversation with Joe, he was on holiday with his family at Macchu Picchu in Peru, and didn’t therefore get a fair chance to reply before Joe posted his first video only eight days later.

Nagy says that any claims of being unable to talk to ACR about these issues are unfounded.

“We take phone calls, we take live chats. He could have got on the phone and talked to me!”

Nagy explained that he had even given Ingram his own personal Skype details so he could make contact.

Privacy issues are a barrier to communicating on security

One issue which Nagy raised which definitely rings true is that ACR doesn’t publish details of any accounts that it has banned for reasons of privacy. Talking off the record with a member of the PokerStarssecurity team, I have been told that they are also caught in this trap.

The operators would like to name names, but privacy laws and data protection provisions as well as general law make this difficult for them to do. The PokerStars security guy told me that contrary to popular belief, the vast majority of bots and collusion are identified by their own procedures well in advance of any complaints by other players.

As at ACR, action to ban these accounts is taken privately and in line with the site’s terms and conditions. Using the law to prosecute is beset with problems and only works in the most blatant cases.

“It’s my job to investigate, but not to say. That’s privacy, just like if your ex-wife called me to find out if you were playing.”

Phil Nagy explained that while hand histories have a value in identifying bots and collusion, “following the money” is much more effective.

“I know exactly where the money comes from and I know where it goes,” Phil explained. “Have we banned people and their bots? Yeah! Have we caught them? Yeah.”

But, he continued, if ACR were to abandon its privacy policy to “out” these players, everyone would hate the consequences – and mistakes would inevitably be made as some honest players could be banned in error.

Phil stands by his emphasis on making sure player funds are safe, something that both Mason Malmuth and Joe Ingram have praised, but he thinks that his efforts to ensure game fairness have not been appreciated.

He explains that the reason he has not taken to social media to counter Ingram’s claims is that to do so would be counter-productive and simply give credence to claims which he rejects as unfair.

From a business perspective, this PR strategy makes sense. Phil, himself explains that despite the appearance of this criticism on 2+2 forums and social media, “it hasn’t hurt the business.”

The real problem lies with US politicians

Watching Joe Ingram’s videos, a viewer can’t help but feel that he has a point. Security at ACR isn’t able to prevent collusion and bots. But then again, there is a war between cheats and online poker operators, virtually an arms race where the crooks constantly seek new ways to abuse and evade security systems.

The question is whether ACR and the Winning Poker Network are doing enough to make the games as fair as possible. Phil Nagy would say “yes,” and he too makes a persuasive case.

Coinbase America's Cardroom

In a free market, players would be free to make their own decisions, to enjoy the big money tournaments and VIP scheme that distinguish Americas Cardroom or to go to another site of their choice.

Unfortunately, that isn’t the case in the US.

As Ingram points out, for US players outside the states which regulate online poker, the choice is pretty much between ACR and Ignition – and Joe says that the problem of bots and collusion is if anything worse on Ignition.

Coinbase To Americas Cardroom

Players who want to play online poker in the US still have little choice. In states where politicians have failed to establish a safe, regulated market, the consequence has been to hand over the market to offshore sites like Americas Cardroom and Ignition or real-money sweepstakes sites like Global Poker.

Coinbase America Cardroom

No matter how much personal integrity someone like Phil Nagy brings to running his company, players can never have the same legal protection as they would have if their state allowed online poker under a legal framework.