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Author Topic: Is this considered a safe practice  (Read 1543 times)
summonerrk
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May 21, 2023, 07:34:59 AM
 #141

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?

Of course, the best way would be to deposit money to the service without submitting your personal information. And of course, in no case can you enter the code on the reverse side from your credit card - CVC. Because this is the last full control on the money from the gambling service.
It is better not to be tempted to receive bonuses, because it is unknown whether you will be able to win them back.
And the risk of losing your funds is very high, especially when it comes to the gambling service where you depositing your money.

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May 21, 2023, 10:47:39 AM
 #142

<...>

Of course, the best way would be to deposit money to the service without submitting your personal information. And of course, in no case can you enter the code on the reverse side from your credit card - CVC. Because this is the last full control on the money from the gambling service.
It is better not to be tempted to receive bonuses, because it is unknown whether you will be able to win them back.
And the risk of losing your funds is very high, especially when it comes to the gambling service where you depositing your money.

If you don't have to perform KYC you are still in danger of losing your deposit if the site isn't reliable. And due to the nature of most cryptos, they would almost certainly be unrecoverable. But in the case we are talking about, they are asking for personal info that is linked to a credit card, which could also empty user's bank account.

I guess that most of us have spending limitations in our respective cards, but in any case, this is a very bad idea, especially if they also ask you the CVC code.

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May 21, 2023, 11:54:29 AM
 #143

Credit cards always leave a foot print behind wherever you use them for spending or paying bills, it's not a safe practice at all if using them on online casino, those casinos are all centralized companies, and they can get a hold of your card details to do some things behind your back.

Casinos are risky and my involvement with them are because they allow crypto withdrawal and payments, if not I won't be on any gambling websites till date, they have only one goal, making money out of gamblers as possible so do not trust them that they can't go any lent for extra profits and more.

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May 21, 2023, 12:58:31 PM
 #144

Here in our country the online casino is rampant and most of the gamblers who participated in the online casinos here had their bank accounts compromised that were used to transact money into an online casino platform and it was discovered in the investigation that there was a phishing link that Most of them used an ATM or bank account, so the more the credit card, the higher the risk.

Ive heard this also which their declaration of this is true as it is somewhat can be declared as phishing , what most of the people noticed is that most of those people who tried those casino and linked their online banking they saw that all of them lose their money. I am just glad that time that i haven't played on that casino as for sure my funds will also been taken by then , whats worse right now is that they are blaming those banking platform even if its their own fault.
Your point is compelling, but it brings up an even broader debate: Is it the casino's fault for offering a game, or the players' fault for playing irresponsibly? In a world where online transactions have become the norm, phishing threats are a serious issue. Instead of casting blame, perhaps it's more productive to focus on prevention. What if, for example, banks incorporated AI-based fraud detection systems to spot suspicious activities? Or what if they offered mandatory educational sessions on phishing threats to their clients?

Also, personal online safety measures cannot be overemphasized. Avoiding dubious online platforms, using secure and private networks, changing passwords regularly— aren't these precautions as necessary as locking our homes before stepping out? Remember, in the virtual world, the axiom "buyer beware" becomes "user beware."

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May 21, 2023, 01:04:45 PM
 #145

Credit cards always leave a foot print behind wherever you use them for spending or paying bills, it's not a safe practice at all if using them on online casino, those casinos are all centralized companies, and they can get a hold of your card details to do some things behind your back.
Exactly and that's why thinking of it as a safe practice will not really be considered as safe if you're going to use your credit cards for this actual purpose.
You'll never know who's gonna use it back when you've placed it on them. They can use it for another purpose, not the actual card but the details of it, at least this is for those unethical casinos that do operate but also have some unethical business together with their operations. Try to research about credit card fraud that people have been reporting and ask them if one of their usage is with a casino, who knows if some interviews will say a yes.

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May 21, 2023, 01:31:56 PM
 #146

Credit cards always leave a foot print behind wherever you use them for spending or paying bills, it's not a safe practice at all if using them on online casino, those casinos are all centralized companies, and they can get a hold of your card details to do some things behind your back.
Exactly and that's why thinking of it as a safe practice will not really be considered as safe if you're going to use your credit cards for this actual purpose.
You'll never know who's gonna use it back when you've placed it on them. They can use it for another purpose, not the actual card but the details of it, at least this is for those unethical casinos that do operate but also have some unethical business together with their operations. Try to research about credit card fraud that people have been reporting and ask them if one of their usage is with a casino, who knows if some interviews will say a yes.

Well, when you use a credit card in an online casino, there is every chance that your credit card information is saved at the site and can be misused one way or the other. Also, with the use of a credit card, you are no longer anonymous at the casino as you can be easily traced where you spend the money.

Yes, I know that we also do KYC at the crypto casinos but that KYC is stored with the casino unless they revealed that data to the authorities.

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May 21, 2023, 02:11:15 PM
 #147

Conditions must apply to qualify for the bonus. If those conditions cannot be fulfilled properly. Then there will be no possibility of getting bonus. However, if one's personal information is shared for the purpose of getting something of this uncertain nature, then there is danger involved. Providing information in countries where gambling is not currently permitted is a risky proposition. There are many ways to make a deposit but I would never support it with a credit card. Also, if there is a new site to do this kind of work, no matter how big the bonus amount, I will not be attracted until I am sure about that site.
Don't forget about the wagering requirements because usually, to get the bonus, we have to follow the rules and if we don't know it, we can be disappointed and feel what we are doing is in vain. If there are conditions requiring us to submit documents or personal information, we should think about what is in it and maybe asking the support service would be better. Playing gambling using a credit card will only make us lose a lot of money, especially if we don't need to deposit anything and just link the credit card to our account.
What is clear for sure is that we have to consider everything to provide some of our personal data especially just to get a bonus.
Apart from that, we also have to see if the casino that is used is truly trusted and can guarantee security when gamblers have to provide personal data requirements.
So far I have never thought of giving personal data carelessly because personal data is an interest that I must take good care of.
But I don't believe in gamblers who provide personal data or credit cards just for a bonus.
And it's better for us to keep playing gambling at a trusted casino so that if we want to send personal documents, we won't have to worry because a trusted casino can maintain confidentiality. And if they want to play at a new casino or submit their documents at any casino, they also have to be careful because there are scam casinos out there. But they also have to be careful if they want to get a bonus and it's better to check the terms first and don't try it if the conditions require using a credit card or personal data.

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May 21, 2023, 04:26:34 PM
 #148

Conditions must apply to qualify for the bonus. If those conditions cannot be fulfilled properly. Then there will be no possibility of getting bonus. However, if one's personal information is shared for the purpose of getting something of this uncertain nature, then there is danger involved. Providing information in countries where gambling is not currently permitted is a risky proposition. There are many ways to make a deposit but I would never support it with a credit card. Also, if there is a new site to do this kind of work, no matter how big the bonus amount, I will not be attracted until I am sure about that site.
Don't forget about the wagering requirements because usually, to get the bonus, we have to follow the rules and if we don't know it, we can be disappointed and feel what we are doing is in vain. If there are conditions requiring us to submit documents or personal information, we should think about what is in it and maybe asking the support service would be better. Playing gambling using a credit card will only make us lose a lot of money, especially if we don't need to deposit anything and just link the credit card to our account.
What is clear for sure is that we have to consider everything to provide some of our personal data especially just to get a bonus.
Apart from that, we also have to see if the casino that is used is truly trusted and can guarantee security when gamblers have to provide personal data requirements.
So far I have never thought of giving personal data carelessly because personal data is an interest that I must take good care of.
But I don't believe in gamblers who provide personal data or credit cards just for a bonus.
And it's better for us to keep playing gambling at a trusted casino so that if we want to send personal documents, we won't have to worry because a trusted casino can maintain confidentiality. And if they want to play at a new casino or submit their documents at any casino, they also have to be careful because there are scam casinos out there. But they also have to be careful if they want to get a bonus and it's better to check the terms first and don't try it if the conditions require using a credit card or personal data.
I support you 100% with what you say, I have my very personal decision on that because in the Duelbits casino when you send your KYC in my case the verification was very fast, at one point they were criticizing that they were taking a long time to give the verification, but I consider that a time of 2-3 days to study the documents well is something that seems good to me, they cannot do everything lightly either , this has to be studied very well so that they can be approved , I recommend that the casinos that They have a very good reputation, you can Safely leave the kyc because they give you more Security and Trust.
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May 21, 2023, 06:30:54 PM
 #149


And it's better for us to keep playing gambling at a trusted casino so that if we want to send personal documents, we won't have to worry because a trusted casino can maintain confidentiality. And if they want to play at a new casino or submit their documents at any casino, they also have to be careful because there are scam casinos out there. But they also have to be careful if they want to get a bonus and it's better to check the terms first and don't try it if the conditions require using a credit card or personal data.
Your answer is very wise.
Because most of the trusted casinos here require KYC to be able to gamble, whereas we are certainly hesitant to fill out KYC on a gambling site, but if the site is trusted and has been recognized by many people about a good reputation on the site, you don't need to worry about filling out KYC.
I think KYC on a trusted site doesn't seem to have to fill in KYC level 2 if you only want to gamble, just KYC level 1 can deposit, bet and withdraw.
If a gambler wants to get a bonus, there are actually many trusted casinos here that give bonuses and we can simply choose the gambling site to get a bonus without having to try sites that we have never heard of before.

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ethereumhunter
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May 22, 2023, 02:28:06 AM
 #150

I support you 100% with what you say, I have my very personal decision on that because in the Duelbits casino when you send your KYC in my case the verification was very fast, at one point they were criticizing that they were taking a long time to give the verification, but I consider that a time of 2-3 days to study the documents well is something that seems good to me, they cannot do everything lightly either , this has to be studied very well so that they can be approved , I recommend that the casinos that They have a very good reputation, you can Safely leave the kyc because they give you more Security and Trust.
That's why we must wait patiently after submitting the documents for verification. With that 2-3 days or even 7 days, maybe it is normal for a casino to verify. And if we play gambling and verify at a casino with a good reputation, we do not need to worry about anything because the casino will provide the best service for its customers.

Your answer is very wise.
Because most of the trusted casinos here require KYC to be able to gamble, whereas we are certainly hesitant to fill out KYC on a gambling site, but if the site is trusted and has been recognized by many people about a good reputation on the site, you don't need to worry about filling out KYC.
I think KYC on a trusted site doesn't seem to have to fill in KYC level 2 if you only want to gamble, just KYC level 1 can deposit, bet and withdraw.
If a gambler wants to get a bonus, there are actually many trusted casinos here that give bonuses and we can simply choose the gambling site to get a bonus without having to try sites that we have never heard of before.
Doing KYC level 1 at a reputable casino is enough because we won't have any problems, especially if it's a trusted casino. But there are still casinos that allow their members not to do KYC but casinos limit their withdrawals and deposits. And if players cross that limit, they will immediately be asked to do KYC first. And this happens a lot where players are not aware of this and immediately accuse the casino of being a scam, even though it's not.

Almost all casinos will give bonuses, but we have to look at the terms that apply to avoid problems. But most people don't read the rules and deposit money immediately, so that's the problem.

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May 22, 2023, 11:36:29 AM
 #151

It is not that advisable for us to drop our credit card information online tons gambling platform now that we are in the era of cryptocurrency where people are now using digital tokens to get what they want and trade, gambling and make business transactions online without the stress of the government or the bank coming in to know how we spend our money.

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May 22, 2023, 05:03:14 PM
 #152

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?
Nope not for me. I wouldn't use any cards on crypto casinos or even other casino. I wouldn't risk my credit limit for the sake of doing my gambling activities. If the casino were hacked, you're doomed as hackers can get your credit information even if you stop playing at that casino. I think casino don't really wipe out their customer information as they believe that they are keeping it safe and the can use it in the future if you go back in the casino. I will just personally stick on playing using crypto or cash, I just don't care about the bonus. 

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May 22, 2023, 06:03:59 PM
 #153

It is not that advisable for us to drop our credit card information online tons gambling platform now that we are in the era of cryptocurrency where people are now using digital tokens to get what they want and trade, gambling and make business transactions online without the stress of the government or the bank coming in to know how we spend our money.

True, but now we live in the era of Big Data, when there is a constant collection of information. And anonymity through cryptocurrencies may soon become a myth.
Today there was news that during the divorce, a woman sued her husband for half of his bitcoins. She hired a special detective who established a connection with his identity and his bitcoin addresses.
And given how exchanges like to collect information about us, it will soon be easy to understand who owns a certain bitcoin address. Nevertheless, entering card information on gambling services is a voluntary transfer of valuable data about yourself.

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May 22, 2023, 06:11:34 PM
 #154

It is not that advisable for us to drop our credit card information online tons gambling platform now that we are in the era of cryptocurrency where people are now using digital tokens to get what they want and trade, gambling and make business transactions online without the stress of the government or the bank coming in to know how we spend our money.

Indeed it is much preferable to use cryptocurrency in gambling than credit cards.  At least in case of a phishing attempt from a rouge casino, our credit card details are safe and only the cryptocurrency we use to deposit on the site is lost.

Why risk our credit cards when there is another way of depositing in a casino platform?  It may be convenient to use a credit card because we can play even without money but we still have to pay it in the future worst is that it has a monthly interest.  It will only lead us to debt and may affect our future finances. 

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wiss19
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May 22, 2023, 06:45:19 PM
 #155

Conditions must apply to qualify for the bonus. If those conditions cannot be fulfilled properly. Then there will be no possibility of getting bonus. However, if one's personal information is shared for the purpose of getting something of this uncertain nature, then there is danger involved. Providing information in countries where gambling is not currently permitted is a risky proposition. There are many ways to make a deposit but I would never support it with a credit card. Also, if there is a new site to do this kind of work, no matter how big the bonus amount, I will not be attracted until I am sure about that site.
I think you are just like me, because for me, bonuses have never really been a thing to take seriously, most especially bonus from casinos, and this is because most of the bonus being offered by casinos are nothing but a way to lure gamblers into wagering much more than they can afford to lose.
Bonuses I am mostly interested in are bonuses without any strings attached, like the monthly reward shared among gamblers based on the amount wagered by the user in the course of that amount.
Most gamblers love bonuses, and marketing experts know that, so they use this technique to lure in new gamblers with their marketing campaigns. Most gamblers don't bother reading the terms and conditions of a bonus, all they see is the 200% bonus on the first deposit and they jump right in with their deposits only to enjoy the bonus.

Sometimes, bonuses do work out for some since they manage to get some big multipliers when playing on slot machines and then they manage to complete the wagering requirements with the money they've won.

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Fredomago
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May 22, 2023, 10:24:36 PM
 #156

Conditions must apply to qualify for the bonus. If those conditions cannot be fulfilled properly. Then there will be no possibility of getting bonus. However, if one's personal information is shared for the purpose of getting something of this uncertain nature, then there is danger involved. Providing information in countries where gambling is not currently permitted is a risky proposition. There are many ways to make a deposit but I would never support it with a credit card. Also, if there is a new site to do this kind of work, no matter how big the bonus amount, I will not be attracted until I am sure about that site.
Don't forget about the wagering requirements because usually, to get the bonus, we have to follow the rules and if we don't know it, we can be disappointed and feel what we are doing is in vain. If there are conditions requiring us to submit documents or personal information, we should think about what is in it and maybe asking the support service would be better. Playing gambling using a credit card will only make us lose a lot of money, especially if we don't need to deposit anything and just link the credit card to our account.
What is clear for sure is that we have to consider everything to provide some of our personal data especially just to get a bonus.
Apart from that, we also have to see if the casino that is used is truly trusted and can guarantee security when gamblers have to provide personal data requirements.
So far I have never thought of giving personal data carelessly because personal data is an interest that I must take good care of.
But I don't believe in gamblers who provide personal data or credit cards just for a bonus.
And it's better for us to keep playing gambling at a trusted casino so that if we want to send personal documents, we won't have to worry because a trusted casino can maintain confidentiality. And if they want to play at a new casino or submit their documents at any casino, they also have to be careful because there are scam casinos out there. But they also have to be careful if they want to get a bonus and it's better to check the terms first and don't try it if the conditions require using a credit card or personal data.

Better to keep that factor as it can provide decent trust to submit whatever documents is being ask from you, that comfort and willingness to cooperate can only be done if you feel secure with the platforms, things can be established when you already experience how the team are handling their customers, establish casinos got a huge advantage against the new one since they know how to work with the client and how they will engage to make the client feel that they are always around to help.

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Alisha-k
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May 23, 2023, 06:01:57 AM
 #157

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?
It’s not wise to do such, however, they’re so very reputable casino platforms suck as “STAKE”

You can be sure nothing will get wrong with them, they’re one of the biggest casino platforms in the world, you can trust them

But I’ll advice you don’t do that with a platform that’s not well known, they may do the unthinkable

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bitterguy28
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May 23, 2023, 07:24:06 AM
 #158

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 really safe but for me ? using credit cards just to gamble is more than a matter because this will lead you spending more in activities and now? when you turns addicted then you will end nothing but loser.
try not to connect your other fund sourcing into gambling , make it different from it so you'll get what you deserve and that is to be safe.

ethereumhunter
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May 23, 2023, 11:02:11 AM
 #159

Better to keep that factor as it can provide decent trust to submit whatever documents is being ask from you, that comfort and willingness to cooperate can only be done if you feel secure with the platforms, things can be established when you already experience how the team are handling their customers, establish casinos got a huge advantage against the new one since they know how to work with the client and how they will engage to make the client feel that they are always around to help.
And as long as we have a list of trusted casinos, we can submit documents with peace of mind because we believe the casino can take care of it. When a casino can satisfactorily handle its members, it enters the next stage, where many people will join the casino. Promotion from person to person is very effective in bringing in more people to the casino to get large revenues. And I think the casinos already know this because the big casinos we know have done this long ago and survived.

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Negotiation
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May 23, 2023, 01:21:59 PM
 #160

If the gambling company is well-reputable, then spending that kind of amount to reach the bonuses may be a good idea to save money in the future.
That is definitely be frowned upon considering it's gambling and there's no certainties that you can win and save money on those bonuses. Let us say you collected a staggering bonus yet you're on a loss, that for sure will be a bad practice. Moreover, banks doesn't consider gambling for credit score.

Banks or credit unions, enter into agreements with merchants to accept their credit cards and offer various incentives for bonuses and deposits. This is why the ban already exists for traditional bookmakers and casinos. So this new move will close a loophole through which online betting services will no longer be able to use credit cards this will reduce the risk of losing funds.
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