Is this considered a safe practice - page 7.

Reatim

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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.

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

jostorres

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Quote from: noormcs5 on May 21, 2023, 09:31:56 AM

when you use a credit card in an online casino, there is every chance that your credit card information is saved at the site and can be misused one way or the other. Also, with the use of a credit card, you are no longer anonymous at the casino as you can be easily traced where you spend the money.

Yes, I know that we also do KYC at the crypto casinos but that KYC is stored with the casino unless they revealed that data to the authorities.

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

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

Weawant

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

Casinos are risky and my involvement with them are because they allow crypto withdrawal and payments, if not I won't be on any gambling websites till date, they have only one goal, making money out of gamblers as possible so do not trust them that they can't go any lent for extra profits and more.

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

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

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

slapper

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Quote from: abel1337 on May 22, 2023, 01:03:14 PM

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?

Nope not for me. I wouldn't use any cards on crypto casinos or even other casino. I wouldn't risk my credit limit for the sake of doing my gambling activities. If the casino were hacked, you're doomed as hackers can get your credit information even if you stop playing at that casino. I think casino don't really wipe out their customer information as they believe that they are keeping it safe and the can use it in the future if you go back in the casino. I will just personally stick on playing using crypto or cash, I just don't care about the bonus.

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

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

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

delfastTions

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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.

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

TheGreatPython

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Quote from: jrrsparkles on May 19, 2023, 02:49:34 PM

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?

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

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

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

Negotiation

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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.

ethereumhunter

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Quote from: Fredomago on May 22, 2023, 06:24:36 PM

Better to keep that factor as it can provide decent trust to submit whatever documents is being ask from you, that comfort and willingness to cooperate can only be done if you feel secure with the platforms, things can be established when you already experience how the team are handling their customers, establish casinos got a huge advantage against the new one since they know how to work with the client and how they will engage to make the client feel that they are always around to help.

And as long as we have a list of trusted casinos, we can submit documents with peace of mind because we believe the casino can take care of it. When a casino can satisfactorily handle its members, it enters the next stage, where many people will join the casino. Promotion from person to person is very effective in bringing in more people to the casino to get large revenues. And I think the casinos already know this because the big casinos we know have done this long ago and survived.

bitterguy28

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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?

Not sure if this is really safe but for me ? using credit cards just to gamble is more than a matter because this will lead you spending more in activities and now? when you turns addicted then you will end nothing but loser.
try not to connect your other fund sourcing into gambling , make it different from it so you'll get what you deserve and that is to be safe.

Alisha-k

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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?

It’s not wise to do such, however, they’re so very reputable casino platforms suck as “STAKE”

You can be sure nothing will get wrong with them, they’re one of the biggest casino platforms in the world, you can trust them

But I’ll advice you don’t do that with a platform that’s not well known, they may do the unthinkable

Fredomago

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Quote from: ethereumhunter on May 21, 2023, 10:11:15 AM

Quote from: tusandii on May 21, 2023, 02:22:34 AM

Quote from: ethereumhunter on May 21, 2023, 01:17:04 AM

Quote from: Rabata on May 20, 2023, 01:09:14 PM

Conditions must apply to qualify for the bonus. If those conditions cannot be fulfilled properly. Then there will be no possibility of getting bonus. However, if one's personal information is shared for the purpose of getting something of this uncertain nature, then there is danger involved. Providing information in countries where gambling is not currently permitted is a risky proposition. There are many ways to make a deposit but I would never support it with a credit card. Also, if there is a new site to do this kind of work, no matter how big the bonus amount, I will not be attracted until I am sure about that site.

Don't forget about the wagering requirements because usually, to get the bonus, we have to follow the rules and if we don't know it, we can be disappointed and feel what we are doing is in vain. If there are conditions requiring us to submit documents or personal information, we should think about what is in it and maybe asking the support service would be better. Playing gambling using a credit card will only make us lose a lot of money, especially if we don't need to deposit anything and just link the credit card to our account.

What is clear for sure is that we have to consider everything to provide some of our personal data especially just to get a bonus.
Apart from that, we also have to see if the casino that is used is truly trusted and can guarantee security when gamblers have to provide personal data requirements.
So far I have never thought of giving personal data carelessly because personal data is an interest that I must take good care of.
But I don't believe in gamblers who provide personal data or credit cards just for a bonus.

And it's better for us to keep playing gambling at a trusted casino so that if we want to send personal documents, we won't have to worry because a trusted casino can maintain confidentiality. And if they want to play at a new casino or submit their documents at any casino, they also have to be careful because there are scam casinos out there. But they also have to be careful if they want to get a bonus and it's better to check the terms first and don't try it if the conditions require using a credit card or personal data.

Better to keep that factor as it can provide decent trust to submit whatever documents is being ask from you, that comfort and willingness to cooperate can only be done if you feel secure with the platforms, things can be established when you already experience how the team are handling their customers, establish casinos got a huge advantage against the new one since they know how to work with the client and how they will engage to make the client feel that they are always around to help.

wiss19

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Quote from: Fivestar4everMVP on May 20, 2023, 02:22:25 PM

Quote from: Rabata on May 20, 2023, 01:09:14 PM

Conditions must apply to qualify for the bonus. If those conditions cannot be fulfilled properly. Then there will be no possibility of getting bonus. However, if one's personal information is shared for the purpose of getting something of this uncertain nature, then there is danger involved. Providing information in countries where gambling is not currently permitted is a risky proposition. There are many ways to make a deposit but I would never support it with a credit card. Also, if there is a new site to do this kind of work, no matter how big the bonus amount, I will not be attracted until I am sure about that site.

I think you are just like me, because for me, bonuses have never really been a thing to take seriously, most especially bonus from casinos, and this is because most of the bonus being offered by casinos are nothing but a way to lure gamblers into wagering much more than they can afford to lose.
Bonuses I am mostly interested in are bonuses without any strings attached, like the monthly reward shared among gamblers based on the amount wagered by the user in the course of that amount.

Most gamblers love bonuses, and marketing experts know that, so they use this technique to lure in new gamblers with their marketing campaigns. Most gamblers don't bother reading the terms and conditions of a bonus, all they see is the 200% bonus on the first deposit and they jump right in with their deposits only to enjoy the bonus.

Sometimes, bonuses do work out for some since they manage to get some big multipliers when playing on slot machines and then they manage to complete the wagering requirements with the money they've won.

serjent05

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Quote from: Desmong on May 22, 2023, 07:36:29 AM

It is not that advisable for us to drop our credit card information online tons gambling platform now that we are in the era of cryptocurrency where people are now using digital tokens to get what they want and trade, gambling and make business transactions online without the stress of the government or the bank coming in to know how we spend our money.

Indeed it is much preferable to use cryptocurrency in gambling than credit cards. At least in case of a phishing attempt from a rouge casino, our credit card details are safe and only the cryptocurrency we use to deposit on the site is lost.

Why risk our credit cards when there is another way of depositing in a casino platform? It may be convenient to use a credit card because we can play even without money but we still have to pay it in the future worst is that it has a monthly interest. It will only lead us to debt and may affect our future finances.

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Quote from: Desmong on May 22, 2023, 07:36:29 AM

It is not that advisable for us to drop our credit card information online tons gambling platform now that we are in the era of cryptocurrency where people are now using digital tokens to get what they want and trade, gambling and make business transactions online without the stress of the government or the bank coming in to know how we spend our money.

True, but now we live in the era of Big Data, when there is a constant collection of information. And anonymity through cryptocurrencies may soon become a myth.
Today there was news that during the divorce, a woman sued her husband for half of his bitcoins. She hired a special detective who established a connection with his identity and his bitcoin addresses.
And given how exchanges like to collect information about us, it will soon be easy to understand who owns a certain bitcoin address. Nevertheless, entering card information on gambling services is a voluntary transfer of valuable data about yourself.

abel1337

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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?

Nope not for me. I wouldn't use any cards on crypto casinos or even other casino. I wouldn't risk my credit limit for the sake of doing my gambling activities. If the casino were hacked, you're doomed as hackers can get your credit information even if you stop playing at that casino. I think casino don't really wipe out their customer information as they believe that they are keeping it safe and the can use it in the future if you go back in the casino. I will just personally stick on playing using crypto or cash, I just don't care about the bonus.

Desmong

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It is not that advisable for us to drop our credit card information online tons gambling platform now that we are in the era of cryptocurrency where people are now using digital tokens to get what they want and trade, gambling and make business transactions online without the stress of the government or the bank coming in to know how we spend our money.

ethereumhunter

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Quote from: danadc on May 21, 2023, 12:26:34 PM

I support you 100% with what you say, I have my very personal decision on that because in the Duelbits casino when you send your KYC in my case the verification was very fast, at one point they were criticizing that they were taking a long time to give the verification, but I consider that a time of 2-3 days to study the documents well is something that seems good to me, they cannot do everything lightly either , this has to be studied very well so that they can be approved , I recommend that the casinos that They have a very good reputation, you can Safely leave the kyc because they give you more Security and Trust.

That's why we must wait patiently after submitting the documents for verification. With that 2-3 days or even 7 days, maybe it is normal for a casino to verify. And if we play gambling and verify at a casino with a good reputation, we do not need to worry about anything because the casino will provide the best service for its customers.

Quote from: klidex on May 21, 2023, 02:30:54 PM

Your answer is very wise.
Because most of the trusted casinos here require KYC to be able to gamble, whereas we are certainly hesitant to fill out KYC on a gambling site, but if the site is trusted and has been recognized by many people about a good reputation on the site, you don't need to worry about filling out KYC.
I think KYC on a trusted site doesn't seem to have to fill in KYC level 2 if you only want to gamble, just KYC level 1 can deposit, bet and withdraw.
If a gambler wants to get a bonus, there are actually many trusted casinos here that give bonuses and we can simply choose the gambling site to get a bonus without having to try sites that we have never heard of before.

Doing KYC level 1 at a reputable casino is enough because we won't have any problems, especially if it's a trusted casino. But there are still casinos that allow their members not to do KYC but casinos limit their withdrawals and deposits. And if players cross that limit, they will immediately be asked to do KYC first. And this happens a lot where players are not aware of this and immediately accuse the casino of being a scam, even though it's not.

Almost all casinos will give bonuses, but we have to look at the terms that apply to avoid problems. But most people don't read the rules and deposit money immediately, so that's the problem.

klidex

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Quote from: ethereumhunter on May 21, 2023, 10:11:15 AM

And it's better for us to keep playing gambling at a trusted casino so that if we want to send personal documents, we won't have to worry because a trusted casino can maintain confidentiality. And if they want to play at a new casino or submit their documents at any casino, they also have to be careful because there are scam casinos out there. But they also have to be careful if they want to get a bonus and it's better to check the terms first and don't try it if the conditions require using a credit card or personal data.

Your answer is very wise.
Because most of the trusted casinos here require KYC to be able to gamble, whereas we are certainly hesitant to fill out KYC on a gambling site, but if the site is trusted and has been recognized by many people about a good reputation on the site, you don't need to worry about filling out KYC.
I think KYC on a trusted site doesn't seem to have to fill in KYC level 2 if you only want to gamble, just KYC level 1 can deposit, bet and withdraw.
If a gambler wants to get a bonus, there are actually many trusted casinos here that give bonuses and we can simply choose the gambling site to get a bonus without having to try sites that we have never heard of before.

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Quote from: ethereumhunter on May 21, 2023, 10:11:15 AM

Quote from: tusandii on May 21, 2023, 02:22:34 AM

Quote from: ethereumhunter on May 21, 2023, 01:17:04 AM

Quote from: Rabata on May 20, 2023, 01:09:14 PM

Conditions must apply to qualify for the bonus. If those conditions cannot be fulfilled properly. Then there will be no possibility of getting bonus. However, if one's personal information is shared for the purpose of getting something of this uncertain nature, then there is danger involved. Providing information in countries where gambling is not currently permitted is a risky proposition. There are many ways to make a deposit but I would never support it with a credit card. Also, if there is a new site to do this kind of work, no matter how big the bonus amount, I will not be attracted until I am sure about that site.

Don't forget about the wagering requirements because usually, to get the bonus, we have to follow the rules and if we don't know it, we can be disappointed and feel what we are doing is in vain. If there are conditions requiring us to submit documents or personal information, we should think about what is in it and maybe asking the support service would be better. Playing gambling using a credit card will only make us lose a lot of money, especially if we don't need to deposit anything and just link the credit card to our account.

What is clear for sure is that we have to consider everything to provide some of our personal data especially just to get a bonus.
Apart from that, we also have to see if the casino that is used is truly trusted and can guarantee security when gamblers have to provide personal data requirements.
So far I have never thought of giving personal data carelessly because personal data is an interest that I must take good care of.
But I don't believe in gamblers who provide personal data or credit cards just for a bonus.

And it's better for us to keep playing gambling at a trusted casino so that if we want to send personal documents, we won't have to worry because a trusted casino can maintain confidentiality. And if they want to play at a new casino or submit their documents at any casino, they also have to be careful because there are scam casinos out there. But they also have to be careful if they want to get a bonus and it's better to check the terms first and don't try it if the conditions require using a credit card or personal data.

I support you 100% with what you say, I have my very personal decision on that because in the Duelbits casino when you send your KYC in my case the verification was very fast, at one point they were criticizing that they were taking a long time to give the verification, but I consider that a time of 2-3 days to study the documents well is something that seems good to me, they cannot do everything lightly either , this has to be studied very well so that they can be approved , I recommend that the casinos that They have a very good reputation, you can Safely leave the kyc because they give you more Security and Trust.

ethereumhunter

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Quote from: tusandii on May 21, 2023, 02:22:34 AM

Quote from: ethereumhunter on May 21, 2023, 01:17:04 AM

Quote from: Rabata on May 20, 2023, 01:09:14 PM

Conditions must apply to qualify for the bonus. If those conditions cannot be fulfilled properly. Then there will be no possibility of getting bonus. However, if one's personal information is shared for the purpose of getting something of this uncertain nature, then there is danger involved. Providing information in countries where gambling is not currently permitted is a risky proposition. There are many ways to make a deposit but I would never support it with a credit card. Also, if there is a new site to do this kind of work, no matter how big the bonus amount, I will not be attracted until I am sure about that site.

Don't forget about the wagering requirements because usually, to get the bonus, we have to follow the rules and if we don't know it, we can be disappointed and feel what we are doing is in vain. If there are conditions requiring us to submit documents or personal information, we should think about what is in it and maybe asking the support service would be better. Playing gambling using a credit card will only make us lose a lot of money, especially if we don't need to deposit anything and just link the credit card to our account.

What is clear for sure is that we have to consider everything to provide some of our personal data especially just to get a bonus.
Apart from that, we also have to see if the casino that is used is truly trusted and can guarantee security when gamblers have to provide personal data requirements.
So far I have never thought of giving personal data carelessly because personal data is an interest that I must take good care of.
But I don't believe in gamblers who provide personal data or credit cards just for a bonus.

And it's better for us to keep playing gambling at a trusted casino so that if we want to send personal documents, we won't have to worry because a trusted casino can maintain confidentiality. And if they want to play at a new casino or submit their documents at any casino, they also have to be careful because there are scam casinos out there. But they also have to be careful if they want to get a bonus and it's better to check the terms first and don't try it if the conditions require using a credit card or personal data.

Topic: Is this considered a safe practice - page 7. (Read 1527 times)