In recent reports from the government of the Czech Republic, the country will now allow local companies to compete in the already thriving online gambling market. As of January 5th, 2009, the country formally lifted its ban on all forms of online gambling. While online gambling, especially online poker, had been taking place in the country for over a decade, this year marks the first time that online gambling providers can be domiciled in the Czech Republic legally.

Czech Republic Poker Sites

While only a few poker sites for players from the Czech Republic take advantage of this new market, many more are on the rise and continue to join the market every day. Each of these sites has their own specific set of deposit options, and making sure that your site has a viable selection of deposit methods should be a top priority in your search for an online poker provider. Also, as the online poker market starts to take full swing in the Czech Republic, it is likely that we will begin to see a wide variety of new funding and deposit options take rise within the country.

Czech Republic Poker Deposit

Currently, the most popular method of deposit for online poker players in the Czech Republic is credit cards. However, it is important that you check with your bank or credit card company before attempting to make a deposit via credit card. Many companies will reject credit card payments to online gambling sites, and others will charge substantial fees which might make credit card deposits unreasonably expensive for online poker players in the Czech Republic.

Debit card deposits operate similarly to credit cards, with the exception that you most likely won't be charged any transaction fees for the deposit. The Visa Electron debit card is very popular in most of Europe and accepted at a wide variety of online poker sites. However, many international online poker sites don't accept debit cards because of the added processing requirements for the provider. Check with your online poker provider to determine if debit cards are accepted.

A great alternative to credit and debit card deposits is Neteller. Neteller is one of the most popular third-party payment systems accepted in the Czech Republic. By opening a Neteller account, users have the ability to fund their account using their bank or credit card. Then they can use the Neteller account to make purchases and deposits online. Neteller is a favorite among online poker players because it allows for instant transfers and deposits to online poker sites without having to provide any private account numbers or credit card information. Also, the transaction fees charged by Neteller are relatively low when compared to similar third-party payment processing services.