Topic: Is this considered a safe practice - page 8. (Read 1527 times)

Well, 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.

Exactly and that's why thinking of it as a safe practice will not really be considered as safe if you're going to use your credit cards for this actual purpose.
You'll never know who's gonna use it back when you've placed it on them. They can use it for another purpose, not the actual card but the details of it, at least this is for those unethical casinos that do operate but also have some unethical business together with their operations. Try to research about credit card fraud that people have been reporting and ask them if one of their usage is with a casino, who knows if some interviews will say a yes.

Your point is compelling, but it brings up an even broader debate: Is it the casino's fault for offering a game, or the players' fault for playing irresponsibly? In a world where online transactions have become the norm, phishing threats are a serious issue. Instead of casting blame, perhaps it's more productive to focus on prevention. What if, for example, banks incorporated AI-based fraud detection systems to spot suspicious activities? Or what if they offered mandatory educational sessions on phishing threats to their clients?

Also, personal online safety measures cannot be overemphasized. Avoiding dubious online platforms, using secure and private networks, changing passwords regularly— aren't these precautions as necessary as locking our homes before stepping out? Remember, in the virtual world, the axiom "buyer beware" becomes "user beware."

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.

If you don't have to perform KYC you are still in danger of losing your deposit if the site isn't reliable. And due to the nature of most cryptos, they would almost certainly be unrecoverable. But in the case we are talking about, they are asking for personal info that is linked to a credit card, which could also empty user's bank account.

I guess that most of us have spending limitations in our respective cards, but in any case, this is a very bad idea, especially if they also ask you the CVC code.

Of course, the best way would be to deposit money to the service without submitting your personal information. And of course, in no case can you enter the code on the reverse side from your credit card - CVC. Because this is the last full control on the money from the gambling service.
It is better not to be tempted to receive bonuses, because it is unknown whether you will be able to win them back.
And the risk of losing your funds is very high, especially when it comes to the gambling service where you depositing your money.

Ive heard this also which their declaration of this is true as it is somewhat can be declared as phishing , what most of the people noticed is that most of those people who tried those casino and linked their online banking they saw that all of them lose their money. I am just glad that time that i haven't played on that casino as for sure my funds will also been taken by then , whats worse right now is that they are blaming those banking platform even if its their own fault.

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.

You cannot feel any guild by using your credit card so provably you will end up overspending if you use it to gamble on casino. So much better avoid to use it on any form even if there's a bonus given since this will just convince you to gamble because for sure upon using it you find a convenience while using it.

We just focus to use crypto only so that whatever figures left in our wallet this is what we can maximize until all balance drained.

And those of us who already know the risks in pursuing the bonus must really think about whether it's still worth doing or whether we don't need to try to get the bonus. After all, later, the casino will also provide other bonuses that we can get without going through difficult requirements and only then are they worth getting. Using more money just to chase bonuses may not seem feasible to small gamblers or people who gamble infrequently, but if they really want to, they can try it. The important thing is they already know the risks and can accept everything that will happen later.

It would be a funny story that we could tell that there were people who earned $100 but lost $500. It is still not worth doing because we will lose much money. This is why little gamblers like us should only play gambling for fun.

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.

As long it wouldnt really be having those terms or wagering condition then it would really be considered good but for those who do still require(normal) or casual thing then it wouldnt really be giving out that kind of
shock anymore specially into those gamblers who are really aware on how these bonuses do works and what are the terms attached to it. If you are a complete noob into this market then you would really be definitely
be seeing to these bonuses to be that amazing just because you would really be having those thoughts that these are things which would be giving out that kind of advantage since your bankroll is really becoming
more bigger or simply been widen up on which means that you would be thinking that it is really advantageous but on the time that you would be needing to wager or aware on whats are those typical rules,
then this is where you would be saying or telling into yourself that it is really that impossible to reach up such threshold before you could really make out some withdrawal.

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.

You could end up overspending by using credit card especially if you find it hard to control your expenses, unlike if you gamble with fiat, you will be mindful with your spending habit so you won’t cross over your budget limit. Although there are really bonuses that are irresistible, but know that it’s the house strategy to make you gamble and spend more. So always think first before you gamble with credit card. It may have its own advantage but I think it has more disadvantages on top of the list.

Well, I also agree that one should obviously not connect their credit card with a casino or any website that is new and doesn't have a good reputation as that can be risky and one can lose all their funds in such cases. It is not really worth it to lose a lot of money only to get a small bonus that you won't even be able to withdraw since they will surely have some very high wagering requirements with it.

But, I didn't get your second point, the autosave feature saves your login credentials in your Google account and not on the website you are logging in, and even if you are talking about the "Remember my details" or something, that also saves the details in a cache file kept in your device and not on the internet.

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've heard a number of stories about gamblers who used their spouse's and parents' credit cards for gambling, which is obviously bound to destroy trust. I believe we can appreciate the significance of KYC in this situation. Despite the bonuses that we might be able to receive following the deposit process, it is still not a good idea to use a credit card to gambling.

To reach the wagering amount, we will only be enticed to take out more loans, which could lead to further debt. If credit cards are not utilized correctly, the convenience they offer us could develop into future problems. We should look for alternatives to using credit cards if we genuinely want to benefit from the bonuses. Lending money just so we could gamble is a horrible idea. Being irresponsible with finances is already evident in that.

I heard of such incidents from around the world. It's an additional risk on top of the already risky nature of gambling. Some gamblers even stole their parents credit cards and used them in gambling sites which messed up their credit score.

Crypto helps mitigate this issue completely as long as you don't submit your KYC anywhere.

     -  Totally agree with what you said mate, even let's say the casino has a good reputation here in the crypto field, and it's also true that it's still better to use crypto instead of using a credit card. Because we don't know what can happen.

Here in our country the online casino is rampant and most of the gamblers who participated in the online casinos here had their bank accounts compromised that were used to transact money into an online casino platform and it was discovered in the investigation that there was a phishing link that Most of them used an ATM or bank account, so the more the credit card, the higher the risk.

I wonder whose on their right mind that will be happy to have a $100 bonus and lost $500 everytime, that's totally insane. Even if I'm new to some casino sites, I only think for once about these bonuses in the very beginning but after that we're separating apart on my mind because I know that's more like of a decoration.

The funny aspect is that chasing after bonus is very easy to achieved but winning is the most difficult task to get done, and this is the aspect that most of the gamblers missed it from, they will because of the bonus hunt chase after a particular game and use the money they can't afford to loose in chasing after this, some over run this by leaving their private life vulnerable to attack and also chase after bonus, at the end, they will all have the bonus but loose their own money, it's time we wise up in gambling and avoid taking some unnecessary risk that are too expensive for us to accommodate their consequences in gambling.