New Online Poker Site LiveAce.com Enters US Market: Will Pay Out Via Auctions

A new membership based online poker site, LiveAce.com, entered the US market Wednesday.  The site has discovered what they believe to be a legal way for players to win real money and claim their cashouts without the hassle of using third party processors that are regularly seen as skirting US law.

The browser-based online poker site will allow customers to cash in chips through unique daily auctions whereby cash redemptions are processed quickly via payment solutions company Dwolla or check. 

LiveAce lets you cash in the chips you win through unique daily auctions. Cash redemptions are processed quickly via Dwolla or check. No more wondering when overseas payment processors will deliver your winnings or waiting the dreaded 6-8 weeks for a check to arrive.
You can play No Limit Holdem, Limit Holdem and Pot Limit Omaha with no rake. No 10-hour tournaments. No satellites for elusive prizes. No more "no fold'em holdem." Log on and jump right into a game. You can play for free. You can also purchase additional chips starting at just $2.49 and for only $19.99 per month you can become a premium member with access to exciting features such as custom avatars, real-time odds calculator, hand history and more.

The new online poker site claims to be based in the United States and is legal in every state including the District of Columbia. 

- Patrick Flanagan, Gambling911.com