Is this considered a safe practice

[TheGreatPython]

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?

Using credit cards for gambling doesn't seems a great practice but when you have the money and intention of gambling as well then you can use the card to access the available perk and just repay the credit card bill even before the bill generation so it won't affect anything also will help you to obtain the available extra perk. But when you do it with the intention of making money then its wrong and imagine what if you didn't win bets and you don't have money to pay back the bill on time?

It's not only about the credit that will be used to get the perks and bonuses offered by the platform, your card and bank account can get compromised and you will be charged way more than you might have expected which in turn will increase the used credits which will be a big loss for you and that is the reason why you shouldn't provide your credit card details to anyone unless the platform is trusted and reputable.

Remember, your greed will always get you in trouble, no matter what it is about. If you become greedy, you will most probably lose more than what you might gain and in most cases, there is no gain at all and only losses.

[delfastTions]

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.

Obviously, such a decision to use credit cards for gambling is extremely dangerous.  It is clear that the player can play in such a way that it is not clear how he will continue to pay.  And this is a big danger for the bank itself.  After all, no one wants to then hire bailiffs and mess around so that such a player would pay off the bank.
 Therefore, such a decision is obvious and should be taken by any bank as soon as possible, which we see everywhere with such a ban on the use of credit money in gambling.

[slapper]

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. 

Credit cards at online casinos? A battlefield teeming with threats, hacking being the biggest adversary. If the casino's fortifications fail, personal assets, the coveted credit card details included, could fall into the hands of cyber pirates.

However, respected online casinos brandish robust security like knights clad in SSL encryption armor. They're committed to the protection of your valuables. But the old wisdom rings true, "A shield in hand beats a wound on the chest." Opting for prepaid or virtual credit cards is like hiring a personal battalion – your vital financial secrets stay concealed.

And credit cards for gambling? It's a siren's song, especially with bonus rewards waiting. But this could transform into a blind plunge into the depths of uncontrolled gambling. You could easily drift in the haze of expenditure when cash doesn't exchange hands. Irrespective of how you square the accounts, practicing responsible gambling is non-negotiable. A keen gambler knows when to roll the dice and when to fold.

[Weawant]

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.

If mistakenly a gamblers uses their credit card details on a scam casinos and they get hold of the details of the card, they can do many dishonest things with it like making use of the credit card for others purchases that the owner of the card won't be aware of.

I also only gamble with crypto casinos and have only used those advertising on the forum because I can reach out to their representative that are active here if anything was to go wrong, we have so many crypto scam casino and that's because they're not regulated.

Crypto casinos are very easy to use as they support deposit and withdrawal through cryptocurency and they support top coins that can easily be traded on exchanges to get the profits you have made into cash for spending.

[jostorres]

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.

Anonymity shouldn't be an issue if you have already done KYC with the casino since it is only the casino that would know about you but as you said, if you are giving away your credit card details along with the CVV2 number which should only be used when you are making a payment at a trusted source and someone that has your card number and that number can use your card anywhere.

So the basic thing is that you should never provide your card details at a website that you don't fully trust or that doesn't have a good reputation because they can easily misuse the card and use your credits wherever they want.

[Reatim]

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.

and I Totally agreed on that matter  in which the banning of using credit card in all forms of gambling , not just in bookmarking but In all casinos .
while this is helpful to other gamblers but the benefits goes completely yto casino owners in which will surely favor gaining more.
Imagine that gamblers will be having more funds to risk and lose while the casino owners is just waiting for their bags to fill in?
yeah lets have a call for this banning and only let gamblers that has a responsible attitude to spend what they can afford to lose in practical ways.
if you can afford to deposit money from your pocket then why not? but not to the extent that you need to have a credit from another losing streak .

[Strongkored]

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 really understand the disadvantages that will be obtained if I gamble using a credit card because I have never done it and have never thought of doing it because I only think that credit cards are only for urgent transactions or indeed these transactions can only be made via credit card. I just imagine maybe it can make gamblers become a little out of control when they start gambling using a credit card and if the player gets a bonus, can the bonus cover interest from using a credit card, and should also consider the wager that must be met before finally being able to withdraw the bonus obtained .
But if I'm really have to play and there are no coins or money in my bank account to make a deposit then a credit card is still not an option for me, it would be better to choose to make a loan to someone because of course it is not interest-bearing so if a loss will not add to the loss or if profit will not reduce profit because of interest deductions.

[BobK71]

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 really understand the disadvantages that will be obtained if I gamble using a credit card because I have never done it and have never thought of doing it because I only think that credit cards are only for urgent transactions or indeed these transactions can only be made via credit card. I just imagine maybe it can make gamblers become a little out of control when they start gambling using a credit card and if the player gets a bonus, can the bonus cover interest from using a credit card, and should also consider the wager that must be met before finally being able to withdraw the bonus obtained .

Yes, credit cards are mainly used for your urgent transactions. This facility is available to the card holder at a fixed interest rate. But when a gambler loses his money he can resort to that route to increase his bankroll again. He can take that opportunity by a credit card despite the high interest rates. And when he goes to take advantage of this, he is in danger. So credit cards should not be used for gambling even for your own safety. I think it is useless to gambling with personal important information. It is not a concern the site is good or bad but privacy comes first.

[mak013]

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.

You can use virtual credit card and virtual phone number. In my country it is possible using bank apps, you don`t need to use some special unknown services for it. Of course the bank will give information for police and some secret services, but it can protect you from different cheaters. Of course if you don`t make silly thing specially.

[Dunamisx]

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.

Talking about banks here, they are centra institutions and a player of this loophole in privacy affairs, there's nothing you're secured with as long as you're dealing with a bank, they have a super priority right over your financial asset than you, which means they can override you our right by leaking your information, tracking you, placing ban on your account, or incuring extra charges on you without your permission on your account, isn't it more secure using the cryptocurrency digital network and technology for more privacy.

[piebeyb]

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.

You can use virtual credit card and virtual phone number. In my country it is possible using bank apps, you don`t need to use some special unknown services for it. Of course the bank will give information for police and some secret services, but it can protect you from different cheaters. Of course if you don`t make silly thing specially.

Yes, there are other alternatives but I think it's also inconvenient to have to re-create an account to create a virtual bank too, after all it's just another option for gamblers using a credit card, I'm sure not many gamblers use this alternative because it's clear that apart from being unsafe it's also inconvenient, a lot payments that are much easier and faster as well as safe, namely using crypto is the right way to deposit at the casino.

I believe that there is no other alternative that I think is safe and hassle-free except using crypto even though the OP asked if this is a safe way, actually it doesn't look safe even though I have to use anything virtual it still looks troublesome to me.

[danherbias07]

Credit cards = addicted shopping spree = gambling all your way because you have the means to provide for your habit with just literally input of numbers.
Not safe because you are getting near an addiction especially if you are on a losing streak. Chasing the losses back means you will swipe that card again and bring more money until you reach that credit limit. Getting you broke or on the verge of becoming crazy about how you will pay it all back from the bank.

Don't pursue the bonus if the path is a risky one. Just deposit the amount you can by other means, i.e. cryptocurrencies or cash. What's the point of the bonus if you will just lose it instantly? It's better if you are taking care of the amount you deposit because in your mind that's all you have so you will play safer. Unlike those with high credit scores who will not even think about gambling excessively because they have the supplies.

[ethereumhunter]

Talking about banks here, they are centra institutions and a player of this loophole in privacy affairs, there's nothing you're secured with as long as you're dealing with a bank, they have a super priority right over your financial asset than you, which means they can override you our right by leaking your information, tracking you, placing ban on your account, or incuring extra charges on you without your permission on your account, isn't it more secure using the cryptocurrency digital network and technology for more privacy.

It is safer to use crypto because it is personal and we control its use. We can also hide the transactions we make at the casino in our wallets because we don't link them directly to our credit or debit cards or our accounts.

And if these people still use their credit and debit cards, they can lose control of themselves by limiting their money, which can cause more money to be lost, especially if the cards are used for gambling.

[CarnagexD]

Talking about banks here, they are centra institutions and a player of this loophole in privacy affairs, there's nothing you're secured with as long as you're dealing with a bank, they have a super priority right over your financial asset than you, which means they can override you our right by leaking your information, tracking you, placing ban on your account, or incuring extra charges on you without your permission on your account, isn't it more secure using the cryptocurrency digital network and technology for more privacy.

It is safer to use crypto because it is personal and we control its use. We can also hide the transactions we make at the casino in our wallets because we don't link them directly to our credit or debit cards or our accounts.

And if these people still use their credit and debit cards, they can lose control of themselves by limiting their money, which can cause more money to be lost, especially if the cards are used for gambling.

With this you are prone to lose money you haven't earned yet  then you will sleep on unsurmountable debt. So don't put yourself in a position that will get you in a worse situation. Prime your environment and the things you use. It is applicable also in your finances. Make it difficult for yourself to access you credit card and connect it with online casinos.

However crypto is a good tool to hide your identity, it is also the same to the other side of your transactions. There is no data to follow wether you get scammed get fooled. That's why many people say BTC is double edge sword. Higher risk, higher reward.

[Lida93]

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?

One of the subtle way to get addicted to gambling even without quickly knowing is in having easy and stress-free means of funding your gambling account at a go. And the use of credit card in online gambling is a clear example.

The idea of earning more money has led many gamblers to equally lose the very little they had at hand. And if anyone chooses to use his credit card for an online casino it should on those casinos that have been able to earn a good repute over the years to avoid too much long story from most of these newly opened online gambling sites.

[danadc]

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?

One of the subtle way to get addicted to gambling even without quickly knowing is in having easy and stress-free means of funding your gambling account at a go. And the use of credit card in online gambling is a clear example.

The idea of earning more money has led many gamblers to equally lose the very little they had at hand. And if anyone chooses to use his credit card for an online casino it should on those casinos that have been able to earn a good repute over the years to avoid too much long story from most of these newly opened online gambling sites.

I have also thought about that, because a credit card does not hit or does not hit at once because a credit card only has to meet the installments while the person spends wildly, the bad thing is when the first bills come and if the country is under a credit system when things arrive , they do it all at once to cause a lot of stress to the person, that is something that cannot be denied , and then over time that becomes a problem because it is cumulative and if you have a family it is a great irresponsibility.

[klidex]

Talking about banks here, they are centra institutions and a player of this loophole in privacy affairs, there's nothing you're secured with as long as you're dealing with a bank, they have a super priority right over your financial asset than you, which means they can override you our right by leaking your information, tracking you, placing ban on your account, or incuring extra charges on you without your permission on your account, isn't it more secure using the cryptocurrency digital network and technology for more privacy.

It is safer to use crypto because it is personal and we control its use. We can also hide the transactions we make at the casino in our wallets because we don't link them directly to our credit or debit cards or our accounts.

And if these people still use their credit and debit cards, they can lose control of themselves by limiting their money, which can cause more money to be lost, especially if the cards are used for gambling.

In terms of security I think crypto doesn't guarantee any security either.
But if security in the sense of secure personal data is indeed safer crypto in terms of anonymous gambling without involving a credit card.
The risk of someone who uses a credit card to gamble is very large because he can become an aggressive addict without control which in the end spends the money that is on his credit card.

[Bushdark]

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.

This is happening especially to gamblers where they keep losing funds because of where they have submitted there online credit card details and the firm had used the opportunity to steal there funds to the extend that they will not be able to retrieve there money back because the casino is never registered. Consciousness need to be observed so that we will know the kind of way we drop our information on third party websites to reduce our risks of getting scam because this is becoming a thing of the street. We need to limit the frequent use of fiat for purchasing of goods online. We can likewise use cryptocurrency to buy things online.

[milewilda]

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?

One of the subtle way to get addicted to gambling even without quickly knowing is in having easy and stress-free means of funding your gambling account at a go. And the use of credit card in online gambling is a clear example.

The idea of earning more money has led many gamblers to equally lose the very little they had at hand. And if anyone chooses to use his credit card for an online casino it should on those casinos that have been able to earn a good repute over the years to avoid too much long story from most of these newly opened online gambling sites.

I have also thought about that, because a credit card does not hit or does not hit at once because a credit card only has to meet the installments while the person spends wildly, the bad thing is when the first bills come and if the country is under a credit system when things arrive , they do it all at once to cause a lot of stress to the person, that is something that cannot be denied , and then over time that becomes a problem because it is cumulative and if you have a family it is a great irresponsibility.

Most of cards specially on credits are really just the same when it come to terms and conditions or on how their minimum amount due or payment interest would really be just be on that way,there might be some few alterations but not really that much if we do speak about changes.  Whatever you are dealing with neither on gambling or into those casual grocery days as long you do make use of your card and it isnt really that responsible on paying up those dues. For sake on getting bonuses on using up your CC's then its not bad as long you are in control with  your gambling spending. It is really just things to be that worst or becomes that messy is on the time that you wont really be that realizing on what you are doing. No matter what you do as long you are responsible with your card handling then it should really be just that fine.

[paxmao]

You are absolutely correct. It's crucial to exercise caution when providing your credit card details to any platform or service, particularly online. There are some very basic precautions that you need to take, such as checking the SSL and security information, make sure that you trust the payment platform and do not pass the data directly to the site. Even being very careful is easy to fall for scams.