Is this considered a safe practice

[Lanatsa]

Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase? Will you take such risks with your card for such rewards? A friend informed me that some casinos gives better reward if you have a credit card with high credit score at around 800, he mentioned how he make 200$ from Freedom Flex after using over 600$. He also mentioned other like capital one

What are the disadvantages of using a credit card on online casinos? Any? Would you dare do such to earn more money?

That $200 on which your friend had mentioned, pretty sure it does have that nasty terms and conditions before he could be able to pull that amount on. We know that gambling businesses are business which they

arent that dumb on giving free money on anyone on just simply registering or depositing via their credit cards plus asking out for some specific credit score basing on the bonus that they could get?
This is somewhat my first time on hearing it out but to assume on what are their intents or motives is that if someone does have that high credit score are to those people who are really that good
on their finances because you cant reach up those numbers if you arent that good in regarding with those cards you do have.

Assuming that once these people would become that addicted  then spending tons is possible and thats a  revenue for them. Not really that shocking if business would really be having
that kind of offering on something that could potentially bring out profits even more if things turns out to be going on what they have been intending on the first place.

[Hispo]

I would not consider it to be a safe practice, that is why I usually like Bitcoin gambling over FIAT gambling. However, it is a matter of a personal decision.

If you think that the benefit/risk ratio is acceptable, I would say that you can go for it, however, you also need to remember than using a credit card to gamble can have consequences on your credit score if you allow yourself to get carried away by the thrill and the casino games.

Credit and gambling is a bad mixture, after all. So be careful. 

[livingfree]

What are the disadvantages of using a credit card on online casinos? Any? Would you dare do such to earn more money?

Simple, your credit company will detect on how are you spending your money. I wouldn't dare to use my credit card to any casino unless I'm on that situation of life that I badly want to gamble and I've got no other source of money but CC is what I've got left.

I'm not sure how these companies will react if they will review your history and activities but it's possible that they'll have a bad impression to you and they may adjust your limit into a lower amount. Well, that's just me and that's what I think how they will react after reviewing someone who uses his CC for gambling.

[romero121]

Usage of credit card is good when we know well about the interest and the timelines. Next thing whether it is credit card or debit card just use it and never have the information saved on the platform for future usage. These days every platform request whether to save the information for future usage.

Importantly when you prefer using credit card for gambling activities be sure of your limit. Initially you use just to claim the bonus. At some point you might get triggered to spend into gambling. Here we don't have the assurance of win, if won it is your good luck. In an unlucky day the loss needs to be settled with the interest within the timeline. This gonna be highly riskier, so know well and use it.

[mirakal]

Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase? Will you take such risks with your card for such rewards? A friend informed me that some casinos gives better reward if you have a credit card with high credit score at around 800, he mentioned how he make 200$ from Freedom Flex after using over 600$. He also mentioned other like capital one

What are the disadvantages of using a credit card on online casinos? Any? Would you dare do such to earn more money?

Personally, I wouldn't take that risk. Nowadays, we have plenty of crypto casinos available, so why expose your personal information by using a credit card? Instead of focusing on the bonuses or other incentives, it's crucial to consider the potential risks associated with sharing your credit card details.

[bitterguy28]

Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase? Will you take such risks with your card for such rewards? A friend informed me that some casinos gives better reward if you have a credit card with high credit score at around 800, he mentioned how he make 200$ from Freedom Flex after using over 600$. He also mentioned other like capital one

What are the disadvantages of using a credit card on online casinos? Any? Would you dare do such to earn more money?

you know what? because credit card users are the best target for becoming addicted and can play unlimited amount not like those who use fiat to deposit and play because they are limited in their money  to use.
try not to deal in gambling with Credit cards if you don't want to be a loser all your life . gambling mate needs to be treated with self control and if you have none of that then best do not gamble at all .

[Reatim]

it is always a good thing that I never have credit card all my life , even my wife that has Hers ? i made her stop using that card and live without the use of crediting and indeed , i am aware of the possibilities of dealing in gambling using card.
so nowadays I only allow to use my crypto wallet that she allows me to have and the amount is all that I can afford to spend .
this is about our mind set and respect to our hard earned money .

I would not consider it to be a safe practice, that is why I usually like Bitcoin gambling over FIAT gambling. However, it is a matter of a personal decision.

well as we are in crypto , most of us are gambling using crypto but yeah only few uses credit cards.

if you allow yourself to get carried away by the thrill and the casino games.

and this one , even if we will not intentionally wanted , yet since we have credit cards and can carry spending a little too
 high then that is what the intention of the gambling site to be with.
so try not to use card or else.

Credit and gambling is a bad mixture, after all. So be careful.  

+1

[Don Pedro Dinero]

Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase?

It's generally a bad idea, but if you make perfectly rational use of it, it will be the same as using a debit card. The problem is that few people make perfectly rational use of it.

There are credit cards that don't give you rewards, so it wouldn't be worth it at all, and you have to be aware that the ones that do give you rewards are just encouraging you to spend, and many people end up spending more for rewards than they would with a debit or cash card.

Credit cards are much more interesting to financial institutions than they are to you, which is why they promote them so much.

[borovichok]

I would not consider it to be a safe practice, that is why I usually like Bitcoin gambling over FIAT gambling. However, it is a matter of a personal decision.

If you think that the benefit/risk ratio is acceptable, I would say that you can go for it, however, you also need to remember than using a credit card to gamble can have consequences on your credit score if you allow yourself to get carried away by the thrill and the casino games.

Credit and gambling is a bad mixture, after all. So be careful. 

It takes personal decisions to use a credit card or bitcoin; it all revolves around an individual's safety; of course, no one wants to lose his or her money; they are simply seeking for the alternative that is best suited for them. Using credit cards to place bets on gambling sites is risky since your card details will be exposed if it falls into the wrong hands, and believe me, you will become a victim of online fraud. Sites that take Bitcoin for gaming are preferred and safer than using credit cards because these wallet addresses are anonymous and difficult to track.

[Negotiation]

Credit cards are a popular payment method because they are fast, convenient and secure. Credit cards are at higher risk in online casinos. Not all casinos work the same The number of people playing has increased dramatically, but credit cards are among the most used and popular payment methods among financial institutions. There are more opportunities for credit card theft, which casino players should always avoid, especially when playing questionable online casinos. Therefore, before using the credit card, the games should be selected well. Since gambling is less guaranteed to win, it is better not to share personal information.

[ethereumhunter]

It is unsafe to use your credit card for several reasons, such as credit card breaches that have often occurred and checking from the bank where the credit card was issued because they will see that transactions have been sent to gambling sites, making them want to check further.

Forget about free bonuses that are too much for you when signing up so you won't have any problems in the future. Indeed, you don't encounter any problems now and can get the free bonus, but we don't know what will happen. I would not take a bigger risk using a credit card to deposit to a gambling site. I prefer to deposit money using crypto, which is safer for me.

[davis196]

Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase? Will you take such risks with your card for such rewards? A friend informed me that some casinos gives better reward if you have a credit card with high credit score at around 800, he mentioned how he make 200$ from Freedom Flex after using over 600$. He also mentioned other like capital one

What are the disadvantages of using a credit card on online casinos? Any? Would you dare do such to earn more money?

I don't think that using a credit card is more dangerous than any other payment method(in terms of online security). The problem is that using a credit card might get you into debt, which is something you don't want. In general, credit cards are more convenient than crypto, because you just link the card to your account and you don't have to manually replenish the funds in it.
I would never use a credit card for gambling purposes, but that's just me. I gamble with small amounts and I tend to avoid taking big risks.
I don't care that much about bigger bonuses/rewards, because I know that the casino will try the best it can to take your money, rather than give you any money. This is just marketing. Don't expect to make any profits out of casino bonuses.

[klidex]

Actually involving credit cards in gambling or casinos for me is risky because it's about anonymous.
Even though we gamble, sometimes we don't want other people to know our identity, even if it's to make money, I would say it's not safe.
There are lots of reasons not to take a credit card to a casino but everyone has their own choice to take the risk just for money or choose not to involve anything sensitive to stay safe.

[delfastTions]

Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase? Will you take such risks with your card for such rewards? A friend informed me that some casinos gives better reward if you have a credit card with high credit score at around 800, he mentioned how he make 200$ from Freedom Flex after using over 600$. He also mentioned other like capital one

What are the disadvantages of using a credit card on online casinos? Any? Would you dare do such to earn more money?

I don't think that using a credit card is more dangerous than any other payment method(in terms of online security). The problem is that using a credit card might get you into debt, which is something you don't want. In general, credit cards are more convenient than crypto, because you just link the card to your account and you don't have to manually replenish the funds in it.
I would never use a credit card for gambling purposes, but that's just me. I gamble with small amounts and I tend to avoid taking big risks.
I don't care that much about bigger bonuses/rewards, because I know that the casino will try the best it can to take your money, rather than give you any money. This is just marketing. Don't expect to make any profits out of casino bonuses.

This is by far the main problem in the general use of banking products such as a credit card.  Especially when a player uses it to pay for their bets in an online casino.  You can lose so much that later you will not know where to get money to pay off all this loan money.  

There is a huge group of people all over the world who, in principle, never apply for credit cards.  And they usually never take bank loans at all.  It seems unusual now, but two generations ago, very few people used bank loans.  And now, almost the entire population has been enslaved by bankers who make good money on ordinary people by issuing mortgages and various types of loans, including credit cards.  

But I consider gambling with such a card to be quite dangerous.

[TheUltraElite]

The reason why crypto based casino became popular is the anonymity or pseudo-anonymity that crypto provides over credit card and other monetary systems. The lack of identification of these gamblers make it safer for them to gamble at an ease and continue their habits without the watchful eyes of their family members and governments. The casinos understand this and hence they avoid credit systems as much as possible.

Such casinos with credit card payment exist but here we are interested in the crypto ones.

[mak013]

In any casino i use only virtual credit card with all the limits - of operations, withdrawal, etc, i don`t remember right now. I don`t sure that i can get some problems using my main credit card, but it is like a habit. I prefer don`t use my phones and credit cards if it is possible. It protects me from spam and probably decrease some risks.

[Weawant]

Credit cards are a popular payment method because they are fast, convenient and secure. Credit cards are at higher risk in online casinos. Not all casinos work the same The number of people playing has increased dramatically, but credit cards are among the most used and popular payment methods among financial institutions. There are more opportunities for credit card theft, which casino players should always avoid, especially when playing questionable online casinos. Therefore, before using the credit card, the games should be selected well. Since gambling is less guaranteed to win, it is better not to share personal information.

Credit cards should be treated with great care because if you use your credit card details on a scam casino, you have exposed yourself to getting scammed. We shouldn't trust casino with our private information. If you don't find other options to deposit don't deposit.

When you bet with credit cards, you're exposing yourself to losing on both ways, your credit card company might noticed the increase in your credit card spending and trace it to a casino and this might become a problem for you in the future using that company again.

You'll also have your credit scores been reduced and you also lose your bet so it means you lost in both places. Credit card shoudn't used in a way it'll build your credit score not decrease it. Using of your credit cards on casino website isn't a safe practice.

[Solosanz]

Simple, your credit company will detect on how are you spending your money. I wouldn't dare to use my credit card to any casino unless I'm on that situation of life that I badly want to gamble and I've got no other source of money but CC is what I've got left.

That's a way how gambling will ruin your life because you're don't have any money to gamble and you're still forcing yourself to gamble. When you don't have any money and no have any job, I doubt your credit card score would be high, the company know you will not able to pay back especially you're use for gambling.

Make sure you're have money first before you want to gamble, don't take a loan or using credit card to gamble.

[Nrcewker]

I haven’t seen any Crypto casinos asking for credit card and promising to pay extra if you use credit card to deposit money there. Maybe you talking about the Fiat casinos? As in crypto casinos, you have to directly deposit the cryptos and no point of asking for credit cards there. Nevertheless whether it’s crypto online casino or fiat online casino, if the site doesn’t using any secure payment gateway for the purchases, then you should definitely avoid giving your CC details there, as there are high chances that your information might be leaked.

[darkangel11]

I haven’t seen any Crypto casinos asking for credit card and promising to pay extra if you use credit card to deposit money there. Maybe you talking about the Fiat casinos? As in crypto casinos, you have to directly deposit the cryptos and no point of asking for credit cards there. Nevertheless whether it’s crypto online casino or fiat online casino, if the site doesn’t using any secure payment gateway for the purchases, then you should definitely avoid giving your CC details there, as there are high chances that your information might be leaked.

Same here, but I've seen one user write about a casino demanding his bank statement and crypto casinos usually don't do that, because they don't use fiat. That's what an exchange would ask for, rather than a casino.
IMO paying with a credit card when you don't trust the service is not safe, as many businesses will scam you by enabling a paid subscription. This is common with online stores that offer "customer protection" or some kind of insurance. By paying it once you accept that they'll keep charging you monthly until you resign.
I'd rather use cryptocurrency wherever and whenever I can.