Topic: Credit card gambling fuels gambling addiction - page 2. (Read 1461 times)

Using a debit card to gamble also risks losing large amounts of money. People need to insert their debit card to deposit money and they can start playing. And if they lose and lose all their money, they can deposit another amount directly from their debit card. And that's where problem after problem will arise and they will start losing more money on their debit card than they could ever imagine.

Using a credit or debit card will not allow you to make money but you could lose all the money. And if you use a credit card, you will have to pay a very large bill if you continue to deposit money to gamble. And that has happened to many people so they have to be careful when using their money to gamble.

Well it may be that if you think that if they can do it it's fine, I didn't discuss it, just because I think something, when a person wants something, they achieve it, and if that person is able to use a credit card to leave it at zero regardless He who has to pay monthly, well that's that person's problem, I couldn't do something like that, first because in the country I'm in they don't have such a developed system, well it doesn't matter if you use credit cards or not because in In reality, local money is not worth anything due to the high inflation that exists, so it is not worth having a credit card because in the end nothing will be done, it could be that in other countries people use the credit card and can give many things and many benefits, and if a person knows that by using the credit card their credit life may be in danger, because if they do not pay on time things get ugly, well, it is an option that is available, that is why When an eprpna has a credit card, they should use it for what it is, for an emergency, that is what is normally recommended, it is good to pay attention to these types of things, because later it will be worse, especially if you do not have the ability to pay. apart.

An addicted gambler will look for money from Anywhere, credit cards or where they can grant him a loan, which is quite difficult to get, but he cannot request it , as well as they can also do other types of things, such as asking for a loan from family. Friends, because an addicted person does not measure the degree of commitment that comes with lending money, and that it has to be returned, why at the time of paying, where is the addicted person going to get money from? If there is no other way, I think that by making more loans to pay what they have, this is something that is not completely correct, in fact it is one of the strongest errors that there is about a person's private economy, this is only due to To avoid all of this, it is best to Play in a Casino without using any type of banking Tool.

It always made me laugh. And I’m also amazed that there are many companies/people who make money by helping people with bad credit history get a loan. And naturally, advertising of their services is presented as something positive: “We’ll help you get a loan!” as if a loan is some kind of gift and not a forced measure.


This sounds dubious; it seems to me that there is a very large percentage of non-payers among gamblers (especially those with pronounced addictions). This is an unfavorable category of borrowers.

I can't agree with you. People do understand what they are doing by using their credit card for gambling. They do know how big the risk by using their creditcard for the gambling despite a big interest that must be paid by them but their addiction is far stronger to push them to use their credit card for gambling. I think that if they have two sides which are saying yes and no but the addiction has strong influence on their final decision. They were seeing credit card as the easiest way to get money.

I think that we are all know about the risk. In fact, their addiction was controlling their mind for the decision making, yet they are not having strong interest to prevent themselve to do that.
I see no solution for this other than try to leave from their addiction. They will always be looking for the way to get easy money to gamble with. This is the main problem that's hardly to be solved .

People shall be careful when using credit card caused by the interest is quite big and they will be so hard at paying their debt.

I'm from Nigeria, and what we usually use here is debit card, though there are very few number of persons that have credit card, but what is in general use is debit card, and you cannot make purchase if you don't have funds in it, on like credit card that gives you a leverage to still make purchase even if you don't have money at that moment, pending when you will paid your salary, so you could pay back your debt. So when I tell you that casino companies or bet sites, don't give us that leverage of credit card usage, I'm not exaggerating, because it's a real situation here.

If you have a credit card, you must use it wisely because you could experience difficulties when paying the bill. We will not find it difficult to swipe our credit card to pay for something or to gamble so we may forget how much money we have used. And it will all show up on your bill at the end of the month.

If a person cannot manage his credit card use, whether for gambling or other things, he will have to pay many bills. Therefore, it is better not to have a credit card if we feel we are not smart in managing our credit card use.

And if many people were allowed to use their credit cards to gamble, many would probably go bankrupt. They will find it difficult to control the use of their credit cards because they only need to insert their credit cards and the money will go into their gambling accounts. And this can also trigger someone to experience a gambling addiction.

What country are you that credit card is not implemented?I don't think there is a country on earth that has not such system implemented honestly,as long as you have internet to access the forum in your country you should also be able to use your credit card for anything as you are making me extremely curious what country is this that they don't use credit card system?

I personally use the credit card when I am low on money as I know when I get my salary of next month I can pay that 7% amount which is in my country but depending on the country can go up to 18% as a minimum payment for the credit card.Of course this in the end fuels gambling addiction and also debt  .

Yes ofcourse there's a limit to a credit card beyond which we can't use but I think the use of credit card itself makes a gambler an addict.
The reason I say this is because credit cards should be used only in case of emergencies and you don't have sufficient funds to complete your necessities or if you have a great deal/discount on cards.
If a gambler is using a credit card then he has probably used his entire savings and is only left with option of taking a credit.
Using someone else's money for gambling is a bad idea and credit card does not have our money.

This is actually my first time of hearing that you can actually gamble using your credit card. this particular system  is not in my country so I cannot easily relate. But trust me if it's implemented in my country, it will make lot of people go into debt, because imagine a situation where I don't have money to stake a bet, but  I can still use my credit card to enable me stake my bet, pending when I will get the money to pay back, and it will deducted directly from my account. If it's made possible in my country 😁,  I'm sure I will be indebted to all the casino companies In my country. It seriously will breed a lot of addicted gamblers, the privilege will be abused and it will breed a lot of broke gamblers.

Many people actually don't really understand what they are doing with the credit card they have, they think that the limit the credit card has is all their money, in fact they are very wrong, some credit card providers even deliberately collaborate with casino business owners. to make players tend to incur debt and this is what is very dangerous, if you have a credit card then never be careless to use up all the limits on the card, remember to only gamble responsibly, don't gamble with capital that you can't afford to lose.

I agree that gambling should be handled with caution credit cards are not addictive here. Credit cards are generally more popular when it comes to travel. If addiction develops the person can control themselves as well as support their family and friends who can help their loved ones return to normal life. Sometimes gambling should be a fun activity but it can be a problem if people gamble to distract themselves from the daily problems of trying to make money or if they spend more money than they can afford.

Gamble using a credit card? It's like, why would we even think about it, right? Folks, we're just borrowing the bank's money without having a plan; it's not our money. And winning isn't done that way, is it? No way

Fun, adrenaline, and calculated risk are all part of the gambling experience, but we never use borrowed funds. Healthy gambling entails taking charge of our finances and refusing to allow the bank decide how much pleasure we can have. So let's do it correctly, wisely, and securely by keeping those credit cards hidden and out of the way of our entertainment. We're going to wager sensibly, safely, and solely with our own money

The addicted gambles won't even think about that. They only think about how to get money for gambling and that's it. They were so stupid but they don't even think about it. Im not be so naive if they were also helping the gambling industry to grow even faster than before.
The contributions from people who used balance from credit cards for gambling purposes have been increasing dramatically every year. It was triggering the regulators to ban it.

That's bad to see someone may be trapped by taking loan from using their credit cards for gambling purpose but to be honest if this is how industry is running on. I hope the regulators will reconsider their decision to ban it especially for AU.

I agree with what @wxa7115 said about only gambling with money you can afford. This is intended to prevent big losses, especially since we know that gambling can make someone forget the original purpose of gambling. He can exceed the limit, especially if he uses a credit card where he can continuously deposit a certain amount of money to gamble. Previously, he only deposited enough money, but he deposited more money to continue gambling because he had found comfort in gambling.

And if we have not realized we have used a large amount of money from a credit card, we also have to pay the bill according to the money we used. Credit card companies don't want to know our reasons for using their credit cards because they only know that we have used credit cards for our benefit. Credit card companies can also close our accounts if they see that we often use their credit cards to deposit money on gambling sites because this can cause problems for them if we cannot pay the bill.

It is better to never do this, one of the most common pieces of advice people receive when it comes to gambling is to only gamble what they can afford to lose, and since the money in a credit card is not even ours and it belongs to the bank then using a credit card automatically means we are taking a loan from it.

And this means we are gambling with money we cannot afford to lose, so it does not matter how small could be the amount we are taking from our credit cards, this simply goes against the most simple rules we need to follow when gambling and as such it is simply unacceptable to do this.

Well, what I think about this is that an addict is an addict no matter what, whatever he does, whatever it is, maybe a credit card is not going to make him more addicted, the credit card simply has a limit. and once you reach it and it no longer works for you, then in this order of ideas, what you are going to do is make the bank earn more money, due to the use of the credit card, although there are many credit cards that do not allow it to be used in casinos, exchanges, brokers, because I have witnessed a Visa card, which a broker was going to pay, I was going to make a deposit and he did not allow it, which I thought was in bad taste, until that moment I did not use that card, because So why have something that doesn't work for what I really like, I stopped using it, now I have another one, which is a master card, if they tell me the same thing again, then I'll throw it away, then this type of thing When they are associated with different types of mechanisms not to be used for, that doesn't work for me, and the truth is that I used it because it is a broker where obviously you need to leave the KYC and everything related to our data, apart from that it didn't help me, so I don't I used more, who loses there? I? They, obviously, then an addict, when they are going to use a credit card, it should be because when they reach the limit I don't know if they can Access extra-credit, it may be, but it is not recommended.

I say that it is not Recommended , because it is very annoying to have a bank calling you saying that you have to pay or something similar every month only and that every time you don't pay it is one day with more interest, so things in the banks are like that They are pretty ugly, and well, that's their business model, nothing else can be done, it's what works for them and if they do it that way the player has to stick to complying or see what the consequences are, but In reality, I don't think that makes him more or less addicted, because the problem is already there, a person is not more Addicted to a credit card.

Yes, what I mean is that if someone gambles with a credit card, it looks easy, that is, it is easy to play because they can gamble with a bigger loan of course, so that they can play it freely without any obstacles when compared with their own money which is most likely used for daily living needs.

However, gambling with a credit card must be used carefully. There is nothing that prohibits using a credit card for gambling, but if cannot control yourself well and are unable to create boundaries when gambling especially if you take out a large loan, it will be a disaster for yourself if dont unable to pay the bill.

When it comes to gambling, it seems that people will not think so because they will just think that now they can gamble with a lot of money from a credit card. Very rarely do people want to think about whether they are smart or stupid when using a credit card, and you can see it in people who often use it when shopping using their credit card. Maybe it's true that they have to be honest with themselves to know that and not waste their credit cards and not just use them for gambling. Perhaps people who are too stupid to only use their credit cards for gambling should cut up their credit cards so that the bill at the end of the month doesn't get bigger until they have difficulty paying the bill.

I do not think that credit card gambling alone is what fuels gambling addiction, however I have heard of a psychological thing of that we perceive money worth more when we can touch it or see it. With a credit card, all you have to do is swipe, and that feels cheap and affordable. You do not see someone taking your cash, nor do you see a number going down. All you see is a thin plastic card getting swiped.

I am not sure what the name of this psychological phenomenon is, but I know that it exists.

Credit card is supposedly not to be used for gambling or else this will be a regrettable thing to happen. A responsible gambler doesn't do this because this will lead to temptation and get out of control from spending. Credit should not be connected to any gambling platform. I'm not sure if this is allowed as I don't have any idea because I don't have it and I don't like it either. Because for me, credit cards should be used in some emergencies but not for gambling.