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Topic: Is this considered a safe practice - page 5. (Read 1527 times)

member
Activity: 812
Merit: 13
Crypto bookmaker and casino
May 29, 2023, 04:25:26 PM
We can choose the way that works for us than going for what we think. Before now, people had been using fiat to credit there gambling account without any problem and now that we can so many cryptocurrency tokens we can use to fund account, there is no need for us to keep using fiat since we easily make transaction without a third party.
full member
Activity: 504
Merit: 198
Next Generation Web3 Casino
May 29, 2023, 11:54:10 AM
I will rather use a crypto casino which does not undermine my privacy and still offers certain bonuses on deposits.

- Jay -
These days very a few casinos offers what you're  talking of. and this is due to the government continues regulatory policies on these casinos.  Most casinos that demands for KYC it's not that they which to do so but that's just one of many conditions as given by the authority where they operate from for them to be able to survive in the business area and. It shouldn't be surprising when you first use an online casino and you're told they don't require for KYC and then after opening an account with them and making deposit  with a later win that needs to be withdrawn you now hear them requesting for KYC as part of condition for the you the customer to be able to perform the withdrawal.
For some veteran gamblers they can relate to what am saying.
hero member
Activity: 1540
Merit: 521
Leading Crypto Sports Betting & Casino Platform
May 29, 2023, 10:41:34 AM
In my country the casino automatically pay taxes from if you win more than $250. If you win less sums you have to pay taxes yourself but i haven`t paid yet and i don`t think that someone will check it. Also, in my country there is a rule that tax service can catch you only for 3 last years and if you got any winnings before it - it is your money and no one can make you pay any taxes of it.
Your country's government grants gambling licenses because they can benefit from the taxes each casino operates and also from the gamblers who earn slightly larger winnings.
If a tax is set for casinos that are operating then that is a form of gambling licensing in your country so it is reasonable but if gamblers are also being asked for then this is not a reasonable tax in my opinion because gambling is not a place to make a profit because there must also be a loss.
It is better to gamble at crypto casinos, maybe you will never be taxed if you win because the government is unlikely to know you won gambling at crypto casinos.
hero member
Activity: 1330
Merit: 687
Arts & Crypto
May 29, 2023, 07:44:35 AM
Quote
In my country the casino automatically pay taxes from if you win more than $250. If you win less sums you have to pay taxes yourself but i haven`t paid yet and i don`t think that someone will check it. Also, in my country there is a rule that tax service can catch you only for 3 last years and if you got any winnings before it - it is your money and no one can make you pay any taxes of it.

In my country, people have to pay taxes on any sums of earnings. And I made a good living as an artist, but I didn't pay taxes, because I was sure that the tax service wouldn't find out about me. There was also earnings in cryptocurrencies in bounty campaigns, and a small earnings in poker. Of course, the tax service still hasn't found out anything. But my friend was afraid and decided to go to them himself. When he said that he had earned $ 300 on the Internet and wanted to pay tax, they looked at him there as an idiot. They were surprised at his stupidity, because the tax service is not really interested in such small fish.
hero member
Activity: 2338
Merit: 750
May 29, 2023, 07:34:17 AM
In my bank it is easy to use. You have 2 cards in your mobile bank app and just tap on card what you need. The virtual phone number works the same - you get messages the same as usual with text "received on virtual number". And you can change these cards and phone numbers several times. I think that it is much easier than learn different defense systems

     -    Actually using mobile bank apps is also dangerous to use. Here in our country, it is often compromised by hackers or phishing, perhaps due to the negligence of the cardholder himself.

therefore using a credit card on a casino site platform here in the crypto space is a dangerous method to enter money just for the reason that he wants to play gambling, which the player does not know can put his account in a dangerous situation this.
So in the end of the talk we`ll decide that using website, casino, computer is dangerous to.
I use about 3-5 mobile bank apps and don`t see problem with them for 10-15 years. If someone can`t use apps normally - it is his problem and it doesn`t mean that we must not use their opportunities.

I don't know what the issues are when it comes to credit cards in other countries, but the control must be very strong, I live in a South American country that is not mine, but I have more freedoms than in my country of origin, So when I see things that have to do with casinos, I don't associate them with my credit card because I know that here they will charge me later if they put out a law for crypto stores for those who use it, and most likely the taxes will be very high , And here I pay taxes of all kinds, of course I know that it is not like paying in Spain but here it is also strong.
In my country the casino automatically pay taxes from if you win more than $250. If you win less sums you have to pay taxes yourself but i haven`t paid yet and i don`t think that someone will check it. Also, in my country there is a rule that tax service can catch you only for 3 last years and if you got any winnings before it - it is your money and no one can make you pay any taxes of it.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
May 29, 2023, 04:38:26 AM
Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase? Will you take such risks with your card for such rewards? A friend informed me that some casinos gives better reward if you have a credit card with high credit score at around 800, he mentioned how he make 200$ 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 the platform is a safe one then it's okay to use your Credit card for online gambling with them otherwise it isn't recommended to use your credit card for gambling purposes. There might be some casinos that offer extra rewards to just grab your credit card information and if they turn out to be frauds and scammers then you will be at risk of loosing your money. Only add your credit card on a casino site when you're sure that they are a legit business and their customer support is also active to answer the queries.

I would recommend you to avoid adding your credit card details on new casinos and the shady ones because you'll end up loosing your credit balance and they might use your credit balance for illegal purposes if the casino isn't in the list of legit ones. The best way to gamble with those online casinos is to use crypto-currencies, because they're better for privacy as compare to credit cards.
hero member
Activity: 2912
Merit: 629
May 29, 2023, 04:22:58 AM
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.
same reason why we not need to let our credit cards involved in gambling , because this is for me is over acting to gamble .
we have money or cash that can be used then why need to extend the usage to our credit cards?
also what you mentioned is completely correct , there are easy way for them to scam us using our credit cards.
sometimes even if we are dealing with legit and trusted sites , yet the chance of being scammed are there .
It is likely that gambling companies are looking to create an opportunity to extract more money from a gambler. When a gambler starts gambling with a credit card he can plan to spend a lot of money on gambling. Because once addiction to gambling occurs, it is difficult to recover from it. But the main point is that a gambler can be exposed to various dangers. First, his personal affairs will be at risk. Second, scammers have a greater chance of falling into the trap. I agree with you that it is not worthy to use a credit card on any site that would be reputed or not.

Well, if you want to take advantage the perks of using your credit cards to be able to gamble, there's nothing wrong with that since it's your choice. However, I don't think it is wise to use credit cards regardless of the rewards/bonuses you can get associated with it. Because we can always opt to use our cash, more safety since you don't have to disclose any details.

Scammers and hacking are common nowadays even the platform is reputable (as you've pointed out). Thus much better to think in advance of the cons to prevent yourself experiencing an unfortunate situation.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
May 29, 2023, 03:21:02 AM
Yes indeed, better to keep yourself away from those possible hack or scam that might take place, unless you are willing to take the risk but still the logic here is if you are done doing your research and you trust the platform, without doing it staying away should be the first line of your protection, not providing private details will save your butt in any possiblity of getting scam or getting hack by someone who are just watching you without you knowing, someone who are waiting for you to make a mistake and grab that opportunities.

Aren't the credit cards also been used on other websites that aren't casino website. Example, shopping websites, locals stores etc. There's always risk all around us, we have to be careful and trust the system that we're using and don't keep too much money in the cards.

We can open a sperate account and money inside that account could be used  just for gambling so any credit card that's linked with the account will only be affected Incase of a phishing attack on the website, hackers might takes over the website or clone the website.

Some casino might have games that you'll like to play and if their deposit option are only credit card and you can't stop yourself from gambling on the website, then you can use the solution I suggest above to keep yourself safe and still enjoy your bets

Same deal as different gamblers have different perspectives. I see your point and that's valid. We do use our credit cards not just for gambling but for other services that we encounter online. It's your decision if you trust the site or not. I personally say my opinion if you don't want to take the risk, but if you think you can trust the site, then it's your decision to take using your credit cards or debit cards.
full member
Activity: 742
Merit: 157
May 28, 2023, 01:56:09 PM
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.
same reason why we not need to let our credit cards involved in gambling , because this is for me is over acting to gamble .
we have money or cash that can be used then why need to extend the usage to our credit cards?
also what you mentioned is completely correct , there are easy way for them to scam us using our credit cards.
sometimes even if we are dealing with legit and trusted sites , yet the chance of being scammed are there .
It is likely that gambling companies are looking to create an opportunity to extract more money from a gambler. When a gambler starts gambling with a credit card he can plan to spend a lot of money on gambling. Because once addiction to gambling occurs, it is difficult to recover from it. But the main point is that a gambler can be exposed to various dangers. First, his personal affairs will be at risk. Second, scammers have a greater chance of falling into the trap. I agree with you that it is not worthy to use a credit card on any site that would be reputed or not.
sr. member
Activity: 910
Merit: 290
May 28, 2023, 01:47:23 PM
In my bank it is easy to use. You have 2 cards in your mobile bank app and just tap on card what you need. The virtual phone number works the same - you get messages the same as usual with text "received on virtual number". And you can change these cards and phone numbers several times. I think that it is much easier than learn different defense systems

     -    Actually using mobile bank apps is also dangerous to use. Here in our country, it is often compromised by hackers or phishing, perhaps due to the negligence of the cardholder himself.

therefore using a credit card on a casino site platform here in the crypto space is a dangerous method to enter money just for the reason that he wants to play gambling, which the player does not know can put his account in a dangerous situation this.
So in the end of the talk we`ll decide that using website, casino, computer is dangerous to.
I use about 3-5 mobile bank apps and don`t see problem with them for 10-15 years. If someone can`t use apps normally - it is his problem and it doesn`t mean that we must not use their opportunities.

I don't know what the issues are when it comes to credit cards in other countries, but the control must be very strong, I live in a South American country that is not mine, but I have more freedoms than in my country of origin, So when I see things that have to do with casinos, I don't associate them with my credit card because I know that here they will charge me later if they put out a law for crypto stores for those who use it, and most likely the taxes will be very high , And here I pay taxes of all kinds, of course I know that it is not like paying in Spain but here it is also strong.
hero member
Activity: 2338
Merit: 750
May 28, 2023, 01:02:04 PM
In my bank it is easy to use. You have 2 cards in your mobile bank app and just tap on card what you need. The virtual phone number works the same - you get messages the same as usual with text "received on virtual number". And you can change these cards and phone numbers several times. I think that it is much easier than learn different defense systems

     -    Actually using mobile bank apps is also dangerous to use. Here in our country, it is often compromised by hackers or phishing, perhaps due to the negligence of the cardholder himself.

therefore using a credit card on a casino site platform here in the crypto space is a dangerous method to enter money just for the reason that he wants to play gambling, which the player does not know can put his account in a dangerous situation this.
So in the end of the talk we`ll decide that using website, casino, computer is dangerous to.
I use about 3-5 mobile bank apps and don`t see problem with them for 10-15 years. If someone can`t use apps normally - it is his problem and it doesn`t mean that we must not use their opportunities.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
May 28, 2023, 05:49:25 AM
Yes indeed, better to keep yourself away from those possible hack or scam that might take place, unless you are willing to take the risk but still the logic here is if you are done doing your research and you trust the platform, without doing it staying away should be the first line of your protection, not providing private details will save your butt in any possiblity of getting scam or getting hack by someone who are just watching you without you knowing, someone who are waiting for you to make a mistake and grab that opportunities.

Aren't the credit cards also been used on other websites that aren't casino website. Example, shopping websites, locals stores etc. There's always risk all around us, we have to be careful and trust the system that we're using and don't keep too much money in the cards.

We can open a sperate account and money inside that account could be used  just for gambling so any credit card that's linked with the account will only be affected Incase of a phishing attack on the website, hackers might takes over the website or clone the website.

Some casino might have games that you'll like to play and if their deposit option are only credit card and you can't stop yourself from gambling on the website, then you can use the solution I suggest above to keep yourself safe and still enjoy your bets
sr. member
Activity: 770
Merit: 284
May 28, 2023, 04:47:55 AM
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.
In my bank it is easy to use. You have 2 cards in your mobile bank app and just tap on card what you need. The virtual phone number works the same - you get messages the same as usual with text "received on virtual number". And you can change these cards and phone numbers several times. I think that it is much easier than learn different defense systems

     -    Actually using mobile bank apps is also dangerous to use. Here in our country, it is often compromised by hackers or phishing, perhaps due to the negligence of the cardholder himself.

therefore using a credit card on a casino site platform here in the crypto space is a dangerous method to enter money just for the reason that he wants to play gambling, which the player does not know can put his account in a dangerous situation this.
sr. member
Activity: 2548
Merit: 329
May 28, 2023, 02:44:58 AM
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.
First things first, you gotta get savvy about the latest phishing gimmicks and usual scamming strategies. These scammer often create bang-on copies of well-known sites and lure unsuspecting peeps into dropping their card details. Remember, the more we know, the better we can fight 'em off. Here's a smart move: how about using payment services that spit out one-off virtual card numbers? These digits are made for a single purchase, which means any swiped data's useless for future transactions. On top of that, go for two-factor authentication (2FA) for an extra security layer. Yeah, it's an additional step to log in, but trust me, it's way better to play it safe!
Most of the times, phishing attackers lure in users with free bonuses or spins or stuff like that with web pages that they create exactly similar to the original ones, and when a user first sees that, they don't suspect that it is not a promotion from the officials of the platform that the webpage is claiming to be from, and that is how they fall for it.

They might not always ask for a card or something, but they usually ask for login details and a user that thinks it is from official casino will never think twice before trying to login and claim their reward but later finds out that the account has been compromised.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
May 25, 2023, 04:13:13 PM
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.
Why not just avoid putting your credit card on website that have not proven to be reliable and go for the trusted and reliable ones, you know they always say free things might purge you meaning you could get scammed to trying to claim those free bonuses that are involved in that particular site you want to link your card. Its better to take precaution that actually getting a result that might destroy you.

Yes indeed, better to keep yourself away from those possible hack or scam that might take place, unless you are willing to take the risk but still the logic here is if you are done doing your research and you trust the platform, without doing it staying away should be the first line of your protection, not providing private details will save your butt in any possiblity of getting scam or getting hack by someone who are just watching you without you knowing, someone who are waiting for you to make a mistake and grab that opportunities.
If you are really that sensible towards your security then getting hacked nor really putting up yourself in risks or harm would be unlikely since you do really know on what you should gonna do.
We are the ones who are really making out those kind of errors on why we are experiencing these kind of stuffs on which it wouldnt really be supposed to be like this. Be wary and be realistic
on whatever things that you are dealing with and you cant really just make yourself that go easy on things and doesnt mind off about the risks specially if you have done it too much.

In regarding on the situation on using up your credit cards on getting some bonuses, then it isnt bad but as much as possible it would really be that preferred on making yourself get involved
on things anonymously rather than on exposing your details once you do make use of these kind of methods which i dont really that recommend or suggested at all.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
May 25, 2023, 03:35:03 PM
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.
Why not just avoid putting your credit card on website that have not proven to be reliable and go for the trusted and reliable ones, you know they always say free things might purge you meaning you could get scammed to trying to claim those free bonuses that are involved in that particular site you want to link your card. Its better to take precaution that actually getting a result that might destroy you.

Yes indeed, better to keep yourself away from those possible hack or scam that might take place, unless you are willing to take the risk but still the logic here is if you are done doing your research and you trust the platform, without doing it staying away should be the first line of your protection, not providing private details will save your butt in any possiblity of getting scam or getting hack by someone who are just watching you without you knowing, someone who are waiting for you to make a mistake and grab that opportunities.
sr. member
Activity: 910
Merit: 290
May 25, 2023, 03:13:31 PM
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.
First things first, you gotta get savvy about the latest phishing gimmicks and usual scamming strategies. These scammer often create bang-on copies of well-known sites and lure unsuspecting peeps into dropping their card details. Remember, the more we know, the better we can fight 'em off. Here's a smart move: how about using payment services that spit out one-off virtual card numbers? These digits are made for a single purchase, which means any swiped data's useless for future transactions. On top of that, go for two-factor authentication (2FA) for an extra security layer. Yeah, it's an additional step to log in, but trust me, it's way better to play it safe!
Taking advantage of this anti-phishing initiative there should be a few things for newbies when they enter the forum:

1.-Rules
2.-Protection for newbies,

Where protection for newbies can be placed, all these recommendations should be in the forum, in a very general way so that they avoid being scammed, there is nothing uglier and feeling bad when one is scammed, and if there is a way to protect by The forum would be great, notices are made here, how could it be done to put it in the notices in some way? or that lead to this thread.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
May 25, 2023, 01:45:06 PM
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.
First things first, you gotta get savvy about the latest phishing gimmicks and usual scamming strategies. These scammer often create bang-on copies of well-known sites and lure unsuspecting peeps into dropping their card details. Remember, the more we know, the better we can fight 'em off. Here's a smart move: how about using payment services that spit out one-off virtual card numbers? These digits are made for a single purchase, which means any swiped data's useless for future transactions. On top of that, go for two-factor authentication (2FA) for an extra security layer. Yeah, it's an additional step to log in, but trust me, it's way better to play it safe!
sr. member
Activity: 546
Merit: 342
May 25, 2023, 09:53:34 AM
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.
Why not just avoid putting your credit card on website that have not proven to be reliable and go for the trusted and reliable ones, you know they always say free things might purge you meaning you could get scammed to trying to claim those free bonuses that are involved in that particular site you want to link your card. Its better to take precaution that actually getting a result that might destroy you.
sr. member
Activity: 2142
Merit: 341
May 25, 2023, 09:43:39 AM
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.
One should basically just let go of a bonus that requires them to use a credit or debit card. There are tons of other casinos that offer bonuses to you even if you make a deposit using cryptocurrencies so that is obviously a better thing to choose and don't put your privacy and your security under the verge of getting compromised.

The bonus will obviously not be worth it if something goes wrong and your card details are misused and your credits are used without your consent, so it is always better that a person takes a decision that is safer for him instead of more profitable for him.
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