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Topic: Is this considered a safe practice - page 11. (Read 1527 times)

hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
May 18, 2023, 11:16:46 AM
#86
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.
Using credit cards in gambling is extremely risky. A few risks may exist by using credit card. Not only is there a possibility of being hacked, but the scammer can also get your bank information. If you use a bank account in a any restricted area where gambling is not allowed, you will be a victim and the account will serve as evidence. One of the biggest negativity is that the money I am spending on credit cards from the bank, If I get addicted there, it will be more likely to be a big disaster.
sr. member
Activity: 770
Merit: 284
May 18, 2023, 08:49:55 AM
#85
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?

    -  What are the disadvantages of using a credit card at online casinos? Anything? Do you dare to do that to earn more money?

It is too dangerous if you use your bank account or credit card in the online casino mate, here in our country the online casino has become rampant and most of those who have tried using their atm cards or bank accounts have been compromised and hacked so the contents of their their atm card or fund, so it's unlikely to happen with a credit card either.
legendary
Activity: 1820
Merit: 2162
The Alliance Of Bitcointalk Translators - ENG>SPA
May 18, 2023, 07:17:32 AM
#84
I wouldn't take that big of a risk and use a credit card to just get the bonuses the site offers. Honestly it's too risky for me, and I'm not going to do it. Sometimes a bonus that is offered is a way to make us make a big mistake in the end, and I would really avoid that. It doesn't matter how big the bonus I will get, I am really not interested in doing it. To get a bonus there are many other ways to get it and we can get it if we continue to monitor promotions from the site and if luck is on our side.

I'm still not sure whether the OP wanted to take some credit to gamble or simply wanted to attach his credit card to the platform to get the bonus. On way or the other, I wouldn't do it: in the first case, because it is a very bad idea to borrow money to bet or gamble: this is the first unforgivable mistake anyone should know about it; in the second case, because no bonus justifies giving away your Credit Card information to a brand new casino or whatever other unknown service. In addition, normally bonuses often require a really high wager to be able to withdraw, so no matter how big the bonus is, you may finally lose it before being able to enjoy it.
hero member
Activity: 1498
Merit: 562
Leading Crypto Sports Betting & Casino Platform
May 18, 2023, 05:45:30 AM
#83
I wouldn't take that big of a risk and use a credit card to just get the bonuses the site offers. Honestly it's too risky for me, and I'm not going to do it. Sometimes a bonus that is offered is a way to make us make a big mistake in the end, and I would really avoid that. It doesn't matter how big the bonus I will get, I am really not interested in doing it. To get a bonus there are many other ways to get it and we can get it if we continue to monitor promotions from the site and if luck is on our side.
hero member
Activity: 854
Merit: 539
★Bitvest.io★ Play Plinko or Invest!
May 18, 2023, 05:09:56 AM
#82
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.

It's not an advisible option at all to make use of one's card, not even now that the world have gone extra miles in using cryptocurrencies in gambling platforms for their bettings, why the should a casino make such demand if they are ot having anything hidden as their agenda, on a normal conditions, giving someone bonus should not be on a condition of the deposit medium used, as long as you're eligible, then you're entitled to participate for any hunt for bonus, scam is taking place everywhere everyday, we must be at alert not to create a means for them to attack.
hero member
Activity: 1414
Merit: 504
Leading Crypto Sports Betting & Casino Platform
May 18, 2023, 04:18:06 AM
#81
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.
You are right. The number of scams from online should be more careful with everything that is sensitive like a credit card is something personal and sensitive that is not worth getting involved in gambling for just a few dollars but credit card data is vulnerable to hacking or other criminal acts.
I think making money from gambling but sacrificing credit cards is questionable as unnatural.
Because it is very rare for a casino to give out a few dollars for a credit card that has personal data on it and if gambling does have a promotion giving a few dollars in prizes it doesn't need to involve a credit card but can also use other means.
full member
Activity: 1834
Merit: 166
May 18, 2023, 03:32:18 AM
#80
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.
full member
Activity: 798
Merit: 211
May 18, 2023, 02:05:30 AM
#79
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.
hero member
Activity: 2856
Merit: 604
May 17, 2023, 09:16:56 PM
#78
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.
hero member
Activity: 2870
Merit: 594
May 17, 2023, 08:53:39 PM
#77
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.
hero member
Activity: 2730
Merit: 632
May 17, 2023, 07:53:13 PM
#76
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.
legendary
Activity: 2758
Merit: 1228
May 17, 2023, 06:15:48 PM
#75
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.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 17, 2023, 06:08:31 PM
#74
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.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
May 17, 2023, 05:59:34 PM
#73
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.
hero member
Activity: 3052
Merit: 606
May 17, 2023, 05:57:22 PM
#72
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.
legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
May 17, 2023, 05:55:20 PM
#71
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.
hero member
Activity: 2814
Merit: 578
May 17, 2023, 05:49:27 PM
#70
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.
full member
Activity: 2086
Merit: 193
May 17, 2023, 05:32:14 PM
#69
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.
hero member
Activity: 2590
Merit: 644
May 17, 2023, 05:23:12 PM
#68
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.
sr. member
Activity: 2506
Merit: 328
May 17, 2023, 04:59:30 PM
#67
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.
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