UK outlaws credit card gambling from 14th April

[Globb0]

After 14th April cant use your credit card anymore in the UK for gambling websites.


That's annoying because I like to use the credit card when online for the extra protection it gives me against bad actors.


Will we just have to use a debit card now?


https://www.gamblingcommission.gov.uk/news-action-and-statistics/news/2020/Gambling-on-credit-cards-to-be-banned-from-April-2020.aspx

[Slow death]

dark times are coming, my country is closing many places where gambling happened because according to my country's government they need to have a license, fortunately it is not forbidden for people to play gambling and as far as I know in my country the people can use credit and debit cards for gambling.

[NeuroticFish]

Will we just have to use a debit card now?

Well, some will probably stick to Bitcoin. Or maybe they'll start learning about anonymous coins too.
You know that especially the wrongly done regulations can easily be avoided by people with a little imagination.

The only bad part is that crypto does an awfully poor job on "protection against bad actors".

[leea-1334]

I have no credit card but I know friends who applied for credit cards,,, ran the max and then just never paid off their debts, this is probably one of the reasons they have banned it as a lot of people seem to be doing it. Debit cards should be fine though as that is like a direct debit into an account right?

[l3pox]

well, there's always crypto
and the interesting fact about it is that they'll never be able to block crypto transactions

so you can still buy crypto with your credit card and gamble with crypto, right?

[Globb0]

well, there's always crypto
and the interesting fact about it is that they'll never be able to block crypto transactions

so you can still buy crypto with your credit card and gamble with crypto, right?

Presumably unless they use this as another excuse to block the purchasing of crypto with credit cards

[BIT-BENDER]

Am just learning about this. There might be chances that UK government a taking in consideration the possibility of getting scammed. You can find gambling site asking for very private information about your credit card with intentions of Internet robbery.
Well Bitcoin paying site will still go on which is the reason some of us are here

[slackovic]

Am just learning about this. There might be chances that UK government a taking in consideration the possibility of getting scammed. You can find gambling site asking for very private information about your credit card with intentions of Internet robbery.
Well Bitcoin paying site will still go on which is the reason some of us are here

I saw that one user wrote that people will be able to use their debit cards. Do you think that a credit card info can get stolen and debit card not? I think there is no difference. If someone steals your debit card number, exp. date and CVC, they can steal your money too.

[Globb0]

The wife gets to see the debit card statement    

lol

[Raflesia]

Is this a lot of scamer or theft? gambling so that credit card blocking on gambling sites will be blocked by the UK, hmm a little surprised even though credit cards are always widely used to do gambling with credit cards so that it will be easier for them to use it. Btw is this an absolute decision?

I think there is still the best way to do it with crypto very easily you will do anything for crypto gambling.

[20kevin20]

I agree with their decision. They banned it at the right time. I guess some people are way more vulnerable now than usually, the pandemic affects us in all ways possible and does influence some choices.. most of the time, it's a negative influence.

On the other hand, this once again shows the power of decentralization - try banning us from using cryptocurrencies to gamble. Oh wait, you can't. And even if they did, we'd most likely develop some decentralized gambling platform if there isn't any already out there.

[tokeweed]

The wife gets to see the debit card statement    

lol

Lawl.  

Why not use Neteller or Skrill and use your cc to fund that...?  And I wonder why ewallets never caught on as a funding option for BTC exchanges..  One of the things that they should be looking into imo.

[Globb0]

The wife gets to see the debit card statement    

lol

Lawl.  

Why not use Neteller or Skrill and use your cc to fund that...?  And I wonder why ewallets never caught on as a funding option for BTC exchanges..  One of the things that they should be looking into imo.

I think you are right. Ill re enable paypal as a spend channel

[mu_enrico]

use the credit card when online for the extra protection it gives me against bad actors.

Dude, just curious... I got the impression that credit card is riskier because of carding/hacking, and people usually prefer Neteller/Skrill if they play in a less reputable site.

Anyway, this ban will affect major betting websites for sure. Opportunity for Bitcoin?

[tokeweed]

The wife gets to see the debit card statement    

lol

Lawl.  

Why not use Neteller or Skrill and use your cc to fund that...?  And I wonder why ewallets never caught on as a funding option for BTC exchanges..  One of the things that they should be looking into imo.

I think you are right. Ill re enable paypal as a spend channel

I never saw Paypal as an option for gambling sites.  It's mostly Neteller and Skrill.  They're the most popular.

[avikz]

After 14th April cant use your credit card anymore in the UK for gambling websites.


That's annoying because I like to use the credit card when online for the extra protection it gives me against bad actors.


Will we just have to use a debit card now?


https://www.gamblingcommission.gov.uk/news-action-and-statistics/news/2020/Gambling-on-credit-cards-to-be-banned-from-April-2020.aspx

Look at the positive side of it. If credit crd use is discontinued in gambling for UK residents, imagine the kind of boost it can provide to crypto gambling! Probably it will force a good percentage of gamblers to adopt and use cryptos in gaming websites. Just my 2 satoshis!

[adzino]

After 14th April cant use your credit card anymore in the UK for gambling websites.


That's annoying because I like to use the credit card when online for the extra protection it gives me against bad actors.


Will we just have to use a debit card now?


https://www.gamblingcommission.gov.uk/news-action-and-statistics/news/2020/Gambling-on-credit-cards-to-be-banned-from-April-2020.aspx

They probably have their own good reason to ban making payments using credit cards when gambling.
You use credit card for online extra protection? Like you really think making online payments with your credit card is 100% safe? What about your privacy? What if your credentials gets leaked? What if your card details are used for carding and committing criminal activities?

[seleme]

What about the card to card transfers from credit to a debit card? If this is not prohibited, transferring funds from cc to debit card which will be used for gambling will be an efficient solution in this case. Just my 2 cents.

[crwth]

This would be beneficial for those who are addicted to gambling. It's a smart move because it gives more harm to the financial situation of the person. If that person is addicted, but he could still use his card to have "Cash Advance" and he would think of it as "Play Now! Pay later" scheme which could lead to difficulty in repayment.

Maybe if you still want, just use Bitcoin casinos and cash in or Buy BTC using your Credit Card. For sure there are still exchanges willing to sell their BTC.

[akhjob]

I have always used Bitcoin for gambling and have never used credit/debit cards for such things. Though you might have personally be affected to some extent, as most mentioned the decision is beneficial for gambling addicts as they would face financial difficulties because of their addiction