Is this considered a safe practice

[Cantsay]

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?

If you talk about debit card I might consider but for credit card, it's a no go way.

I wouldn't risk giving out my credit card details to a gambling site because I'm not sure if the information will be encrypted or not.
Although I haven't seen anyone complained about their credit card details being stolen after exposing it to a gambling site that do encrypt the information they receive from their customers. But I'm still not going to risk it.

[FatFork]

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.

I'm sorry to say, that's not entirely accurate. There are many crypto casinos, including some popular ones (although I won't mention any names), that not only require KYC verification but also may ask for proof of funds from their players. So, before you dive in and start playing, make sure you read through the platform's T&C carefully. Don't want any surprises, right?

[BenCodie]

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?

Anyone who is doing this is asking to be a victim of fraud or a credit-line that will end badly. How is this obvious and not an assumption? The credit score requirement. Unless the casino plans to sell the card information or fraudulently use it, why would they ask for a credit score? Or if they weren't planning to do this, then the answer is obvious...they want to get suckers to max their card and then play on credit, which then their credit score is held hostage (higher likelihood of repaying).

Anyone who does this is extremely careless.

[devil-soul]

Of course having higher bonuses, conspicuous in various casinos, gambling sites only by registering a card is very tempting i would do so i would keep a second card dedicated only to online sites

[rozak]

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?

because most of the gamblers on the forum will use crypto to play. not many will use their credit cards for gambling. even for online casinos with fiat that I used to use. I always deposit from my bank to my casino account. either I'm too stupid not to know such things, but I'd be more comfortable depositing my bank account.
because now more play in the crypto casinos. I don't pay much attention to that sort of thing. but what is clear is quite risky. but what is provided by the platform, of course solely to make it easier for each of their users. regarding the bonus program, it just attracts more and more users.

[Bushdark]

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.

I'm sorry to say, that's not entirely accurate. There are many crypto casinos, including some popular ones (although I won't mention any names), that not only require KYC verification but also may ask for proof of funds from their players. So, before you dive in and start playing, make sure you read through the platform's T&C carefully. Don't want any surprises, right?

This is mostly done to prevent money laundering from gamblers that are always addicted to gambling which is one of the things the government is fighting against to prevent the use of large funds from gamblers which might have gotten the funds from an unknown sources. This measure do require KYC which is a way to know the true identity of a player so that are betting on there platform. Using a KYC casinos need to level of observation so that we can be aware of what source we are dropping our information to prevent it from being used against us.

[Hamphser]

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?

because most of the gamblers on the forum will use crypto to play. not many will use their credit cards for gambling. even for online casinos with fiat that I used to use. I always deposit from my bank to my casino account. either I'm too stupid not to know such things, but I'd be more comfortable depositing my bank account.
because now more play in the crypto casinos. I don't pay much attention to that sort of thing. but what is clear is quite risky. but what is provided by the platform, of course solely to make it easier for each of their users. regarding the bonus program, it just attracts more and more users.

For those who do get used to on those traditional casinos will really be sticking into this kind of set up or ways on depositing their funds but for those people who had just discovered out about Bitcoin or cryptos

existence would really be a new way on playing up gambling online without exposing yourself or identity which we know that anonymity is really that important or much preferred by some people but for those who had been using up those credit cards on dealing up with those fiat casinos then they wouldnt  really bother as long it does give out on what they do want or need but pretty sure on the time that they would discover out crypto space and the online gambling platforms which doesnt ask out for some verification then for sure you would really be transferring without any doubt.

Somewhat there's still some problem on which on the time that you would be depositing huge amounts or being a whale gambler, there's always a tendency that they would
be asking out some kyc or verification which do impose the same problem afterall.

[DoublerHunter]

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?

If you talk about debit card I might consider but for credit card, it's a no go way.

I wouldn't risk giving out my credit card details to a gambling site because I'm not sure if the information will be encrypted or not.
Although I haven't seen anyone complained about their credit card details being stolen after exposing it to a gambling site that do encrypt the information they receive from their customers. But I'm still not going to risk it.

^I had rather do the same.
Credit cards can make it easy to overspend, leading to financial problems if you are not careful. The convenience of using a credit card for gambling may tempt you to spend more than you can afford to lose and probably that is the reason. Another scenario could be the potential risk, while most reputable online casinos have secure payment systems, there is always a risk of fraud or data breaches. Using a credit card exposes your sensitive financial information, and if it falls into the wrong hands, it can lead to unauthorized transactions or identity theft.
Security should always be a top priority when it comes to financial transactions online. Even though many reputable online casinos employ encryption technology to protect customer information, but still there is a risk and it is still a personal decision whether or not to take the risk.

[Johnyz]

Of course having higher bonuses, conspicuous in various casinos, gambling sites only by registering a card is very tempting i would do so i would keep a second card dedicated only to online sites

This is possible if your banks allows gambling transaction, but I think this is prohibited and if you get caught you might lose that card, but having multiple card is a good idea.

If you’re into bonuses, then this can be good but personally I will not take such risk because its very tempting especially if you have higher limits, you might lose more beyond your budget and this will put you at a bigger risk.

[livingfree]

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.

Yes, that's not a way to increase your credit card score. But then, if the credit card company finds out that he's gambling with his credit then one ending could potentially happen.

And that's to close his credit card and remove him from having that card. Also, there could be some rules written on the contract that it shouldn't be use into this type of activity.

So, make sure to review and read the contract again that you've signed if ever you have those or you've got a copy.

[Fivestar4everMVP]

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

To be honest, I would say I wouldn't use my credit card on online casinos, because if there was no other means through which we get to deposit money into the casino for gambling aside using our credit card, I believe many gambler would still have to use their credit card as you can't gamble without it,.

But what I Must make sure of is to never use my credit card on a casino I have no idea what their reputation is like, I would only use my credit card on only tested trusted casinos like stake and the likes, and by then, bonus won't be a big factor since I know that some scammers might use a bonus to lure some gamblers in to providing their credit card details to them, which they could later use as a tool to scam the victim.

[Finestream]

You can do one-time swipes on casinos but never, EVER, save your information on them because you're just basically funding your way into addiction. I have heard people say that casinos do give out generous bonuses and a lot of perks on players who are using credit cards and are generally very lenient in a lot of terms to these people because they always know that they can get money from these guys no matter what. If you can control your urges and you're responsible enough to know that you don't have "unlimited money" just because you have a credit card, you're good to go.

Control is what you need in these scenarios. Do not get overly hyped with the bonuses; you can't use those to pay your debt.

True. Credit cards may give some advantage when used in online gambling but still, you have to set limits on your spending. Otherwise, you will fall into huge debt and bonuses can’t do nothing about it. It’s still a matter of control and discipline. If you are not capable to manage your expenses, then it’s better not to use your credit cards when gambling. Have your physical money instead, and when you lose your budget, then its good to go and stop gambling.

[Quidat]

You can do one-time swipes on casinos but never, EVER, save your information on them because you're just basically funding your way into addiction. I have heard people say that casinos do give out generous bonuses and a lot of perks on players who are using credit cards and are generally very lenient in a lot of terms to these people because they always know that they can get money from these guys no matter what. If you can control your urges and you're responsible enough to know that you don't have "unlimited money" just because you have a credit card, you're good to go.

Control is what you need in these scenarios. Do not get overly hyped with the bonuses; you can't use those to pay your debt.

True. Credit cards may give some advantage when used in online gambling but still, you have to set limits on your spending. Otherwise, you will fall into huge debt and bonuses can’t do nothing about it. It’s still a matter of control and discipline. If you are not capable to manage your expenses, then it’s better not to use your credit cards when gambling. Have your physical money instead, and when you lose your budget, then its good to go and stop gambling.

Not only limited on gambling but also in other aspects or situation as well on which it do involved spending out of your cards or making use of it.Everything should really be tallied and should really be controlled out because if you are really that not wise on making use of your credit cards then you would be finding yourself to be in deep debt on the time where due time approaches or on the time that you would be needing to pay up. We know on how common this credit card debt global problem specially into those people who arent really that mindful about their obligations.If you arent that
responsible on handling your cards then you would potentially messing up your life with.Its never been a good practice on making use cards on gambling but well it does depend
on a certain person because not all would really be that good into something like this.

[uneng]

In my opinion there aren't any issues when using credit card to gamble, as long as you are an organized person who has your personal finances under control, so you have the assurance you are going to have enough spare money on the next month to pay your debt without any further prejudice to your daily expenses.

Credit card is a perfect tool for this kind of person, but not advised for the impulsive ones, especially if their limit is high. On this case I'm totally against the practice of using credit for gambling activity.

[ultrloa]

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?

If you know for yourself that you can manage that and its just for one time swipe only just to take the bonus then yeah its still a safe practice to use your card. But make sure that you only swipe it once and never decide to do that again. Since if you repeat it for many times since you became more comfortable using it due to convenience it bring then maybe you are in great risk to get broke because for sure in long run you cannot notice that your debt became more bigger and bigger.

[Mahanton]

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?

If you know for yourself that you can manage that and its just for one time swipe only just to take the bonus then yeah its still a safe practice to use your card. But make sure that you only swipe it once and never decide to do that again. Since if you repeat it for many times since you became more comfortable using it due to convenience it bring then maybe you are in great risk to get broke because for sure in long run you cannot notice that your debt became more bigger and bigger.

Doesnt matter whether you are making use of your card neither on gambling or simply on shopping, if you do create that kind of behavior on which you do continuously swipe your card but hardly pays off on the time
that it would really be asking out for repayment then this is where problem do build up. Its a safe practice if you do always set up limits. If you are pertaining about getting some bonuses on using up your cards,
then ti wont really be that bad but if you are already that doing into a certain extreme extent then this is where problems do starts. Everything would really be depending or varying on someones decision and taking
because not all would really be that good or really that getting in line with the right stuff but rather they would really be going into the opposite and this is where they do putting up themselves on trouble.

[Yaunfitda]

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?

Not sure if this is a good idea to give your credit cards online, we all know that it's one of the most hack items in online, so I wouldn't go that route. Of course casinos are going to give you incentives, to attract you to used your credit card with them, but the risk is high though.

So for me, it's better not to, not even bank accounts. And that's why most of us really are into crypto including in gambling because it doesn't take this kind of information to be released to the casino itself. Although there is KYC, but it's better if it will not involved your credit info, in my opinion.

[Questat]

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?

Not sure if this is a good idea to give your credit cards online, we all know that it's one of the most hack items in online, so I wouldn't go that route. Of course casinos are going to give you incentives, to attract you to used your credit card with them, but the risk is high though.

So for me, it's better not to, not even bank accounts. And that's why most of us really are into crypto including in gambling because it doesn't take this kind of information to be released to the casino itself. Although there is KYC, but it's better if it will not involved your credit info, in my opinion.

A debit card can be a better option than a credit card since you have more control over the balance. With a credit card, the limit is based on your credit limit, so if the account is hacked, you could potentially lose a significant amount of money. To ensure safety, using cryptocurrencies can be a viable option. By cashing in from reputable exchanges and sending the crypto assets to your gambling account, you can minimize risk. It is generally recommended to trust exchanges more than gambling sites due to their higher level of regulation, which reduces the risk involved.

[Rabata]

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 favor gambling with bank credit cards for bonus purposes especially if it's a new site. Because new gambling sites are prone to scams. Also, I will never use my bank credit card for deposits as it may expose my personal information. Moreover, almost everyone knows that gambling is now not legal in all countries. If the bank account is used then the bank can track my information which may lead to legal complications. I like to get bonuses but of course before depositing on a new platform I will know about the site well. I have always loved gambling with crypto. I prefer to use crypto for deposits and withdrawals.

[worle1bm]

Have you ever heard about data breaches through online sites? If you are swiping up your cards for bonus on some scam casino or hackers have persuaded you to do so you are at complete risk of exposing your banking details and also funds are at risk so in my opinion it's never safe to do such things.At this time there are many scams going on internet and online crypto market so you need to be extra careful and don't fill out your card details for few bucks.