Absolute Poker, UltimateBet partner up

MIAMI, Florida -- (PRESS RELEASE) -- When it comes to cashing out of one poker room and stacking your chips in another, the online poker withdrawal process hasn't exactly mimicked the convenience of moving cash from one casino on the Las Vegas strip to another. But two online poker sites are aiming to change that.

Absolute Poker and UltimateBet today announced a new partnership that allows players on both sites to transfer funds between Absolute Poker and UltimateBet accounts without incurring any charges.

We're opening the doors between two of the most popular poker rooms "We're opening the doors between two of the most popular poker rooms," said UltimateBet spokesperson George MacLean in a joint statement with David Clainer, senior vice president for Absolute Poker. "Our new payment option allows funds to seamlessly flow from one poker room to the other."

While the withdrawal system can be used to transfer funds from one player to another, Clainer and MacLean note that the system really comes in handy when a promotion or tournament on UltimateBet catches the eye of an Absolute Poker player or vice versa. Players with accounts on both sites can instantly move their money without having to make a new deposit.