🍒 Best Credit Card Betting Sites - Sportsbooks That Take Credit Cards

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Since around , my friend tells me that he vastly curtailed his online poker. In his experience, a credit card company will almost always decline a purchase when it knows it is being used for online gambling. Travel: Which Is Best for You? Low Interest. Then, without warning, the federal government swooped in and effectively shut down Neteller. We want to hear from you and encourage a lively discussion among our users. Please help us keep our site clean and safe by following our posting guidelines , and avoid disclosing personal or sensitive information such as bank account or phone numbers. We suggest you resist the urge to pay for gambling with a credit card. Online gambling image via Shutterstock. The problems facing the banks come during a period of unprecedented regulatory headaches for them.

A friend of mine got into the whole online poker thing back click to see more Prior toonline gambling was facilitated by payment processors, primarily Neteller.

Instead, only gamble with real money that you can afford to lose. Nevertheless, credit cards had been a gambling use credit card alternative for many years and continued to be for some time. Much of this, and subsequent processing issues, were gambling use credit card result of the Unlawful Internet Gambling Enforcement Act of Many processors exited the U.

Many or all of the products featured here are from our partners who compensate us. Cash Back vs. He plays occasionally on those few sites that still accept U. The federal program is designed to choke off gambling use credit card to financial services by industries considered to be at high-risk for fraudulent read article. If the regulatory environment changes, and more states permit onling gaming, that trend may reverse.

Any comments posted under NerdWallet's official account are not reviewed or endorsed by representatives of financial institutions affiliated with the reviewed products, unless explicitly stated otherwise.

In short, the potential downsides are simply too great for the banks to get involved at this time. Now, however, some states are legalizing online gambling. Delaware, Nevada and New Jersey are the three states that permit online wagering. Zero Percent. Cash Back. This may influence which products we write about and where and how the product appears on a page. Our opinions are our own. Balance Transfer. However, this does not influence our evaluations. On top of this are concerns that the banks may be held liable both civilly and criminally if underage card users charge gaming purchases on the cards. Poker players and other global gamers had their funds frozen. Instead, charges appear on his credit card from what appears to be some kind of retail business in China.