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President John F. Kennedy signed into law the Federal Wire Act of 1961, which was intended to target illegal bookies. However, the US government has (incorrectly) tried to say this law applies to online gambling as well.
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Minimum deposit amounts are almost universally set to $10 in the Garden State, whereas the maximums vary depending on a variety of factors. These include the deposit method used, reputation with the bank, and VIP status, amongst other things. Certain methods can allow for deposits of up to $10,000 per day, while average maximums for methods like ACH and prepaid cards range from $500-$2,000.
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