Is this considered a safe practice - page 6.

mak013

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Quote from: piebeyb on May 24, 2023, 03:44:18 AM

Quote from: mak013 on May 24, 2023, 03:10:52 AM

Quote from: Outhue on May 21, 2023, 07:54:29 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

Unbunplease

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Quote from: noorman0 on May 25, 2023, 12:47:17 AM

I remember a case in my country where the police managed to arrest a slot chip retailer after identifying their bank account activity connected to a bookie's account. I always avoid payment options that are directly linked to my bank account for the reasons above.
But players from a gambling-friendly country base, this is not an important consideration especially if you are after some attractive offers. Each gambling service/site must have their own big players who also use CC as a payment method.

As a rule, casino profits raise suspicions not only from the tax authorities, but also from the police. It is believed that casinos can be used to launder money by participating in gray schemes (it is not difficult to arrange a "win" for the right person for a certain amount). And the law can always change dramatically, so I do not risk using a bank account for transactions.

noorman0

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I remember a case in my country where the police managed to arrest a slot chip retailer after identifying their bank account activity connected to a bookie's account. I always avoid payment options that are directly linked to my bank account for the reasons above.
But players from a gambling-friendly country base, this is not an important consideration especially if you are after some attractive offers. Each gambling service/site must have their own big players who also use CC as a payment method.

karmamiu

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Quote from: kotajikikox on May 24, 2023, 10:05:20 PM

Quote from: paxmao on May 24, 2023, 08:04:26 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 .

Indeed it is true that you are risking a lot not only your personal financial information but also along with your money, and if I were on that position I would immediately decline the transaction so it wont proceed any further. Also, if it happens that I won something from that particular platform, here in our country it is somehow not tolerable if that money comes from gambling, and we all know that almost every country do question every transaction if ever that money was gained from your gamble (since most countries deemed it illegal). It is also true that you might even lose your bank account if things wouldn't go on their standards and you might even be penalized for attempting to hide the fact that it is illegal or for some countries there is no tax when it comes to gambling.

kotajikikox

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Quote from: paxmao on May 24, 2023, 08:04:26 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 .

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Quote from: CarnagexD on May 24, 2023, 09:16:22 AM

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.

That is the danger if we use a credit card where the credit card company guarantees our money but we have to return the money we used to gamble to the company at the end of the month. It is highly not recommended because we don't know how much money we can lose in gambling, especially if we cannot control ourselves by using money to gamble.

I agree that BTC is a double edged sword. So the use of BTC itself depends on us. We want to use it for things that bring us good or instead for things that bring us bad. We choose it.

Quote from: klidex on May 24, 2023, 04:29:05 PM

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.

Maybe it doesn't guarantee security, but at least we can feel safe when using it because no one knows about the use of the crypto we have. And for data security, I think it depends on where we want to submit personal data for verification. But if you use a credit card, at least the bank will know the flow of funds in your account and the bank can ask you about their use.

paxmao

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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.

milewilda

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Quote from: danadc on May 24, 2023, 03:48:06 PM

Quote from: Lida93 on May 24, 2023, 11:56:47 AM

Quote from: Crypt0Gore on May 16, 2023, 05:15:36 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?

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.

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Quote from: Negotiation on May 23, 2023, 09:21:59 AM

Quote from: rhomelmabini on May 20, 2023, 07:06:50 AM

Quote from: qwertyup23 on May 19, 2023, 07:43:23 PM

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.

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Quote from: ethereumhunter on May 24, 2023, 07:52:09 AM

Quote from: Dunamisx on May 24, 2023, 03:16:58 AM

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.

danadc

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Quote from: Lida93 on May 24, 2023, 11:56:47 AM

Quote from: Crypt0Gore on May 16, 2023, 05:15:36 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?

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.

Lida93

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Quote from: Crypt0Gore on May 16, 2023, 05:15:36 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?

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.

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Quote from: ethereumhunter on May 24, 2023, 07:52:09 AM

Quote from: Dunamisx on May 24, 2023, 03:16:58 AM

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.

ethereumhunter

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Quote from: Dunamisx on May 24, 2023, 03:16:58 AM

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.

danherbias07

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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.

piebeyb

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Quote from: mak013 on May 24, 2023, 03:10:52 AM

Quote from: Outhue on May 21, 2023, 07:54:29 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.

Dunamisx

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Quote from: Negotiation on May 23, 2023, 09:21:59 AM

Quote from: rhomelmabini on May 20, 2023, 07:06:50 AM

Quote from: qwertyup23 on May 19, 2023, 07:43:23 PM

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.

mak013

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Quote from: Outhue on May 21, 2023, 07:54:29 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.

BobK71

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Quote from: Strongkored on May 23, 2023, 11:24:26 PM

Quote from: Crypt0Gore on May 16, 2023, 05:15:36 AM

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.

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Quote from: Crypt0Gore on May 16, 2023, 05:15:36 AM

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.

Topic: Is this considered a safe practice - page 6. (Read 1527 times)