Credit Cards to be banned for online gambling

Its a great move. Gambling with money that is not yours is not right at all.

But i know people who have a credit card linked to a paypal account.
They then have another paypal account,send money using the credit card that is on that paypal account to there other paypal account which has a linked confirmed bank account on .
Then you can instantly withdraw( depends on country ) cash from that paypal account ,then just deposit from the bank account at the casino site.

So you can still use credit from a credit card technically ,just can't directly deposit from it.
 
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Half of them can't even be used to buy petrol ffs.
that seems ridiculous; I wonder why
I havent come across anything where I cant use a prepaid MC a a sub for cash (not to say there arent any - just havent come across any)
 
Then for example Revolut and others similar services you can top up your account with CC and it's then usable with your debit card, disposable or physical one.
Revolut might state in their terms that it's not to be used for gambling or something (haven't read myself) but i'm using it's virtual CC for my gambling transactions with zero problems so far.
 
Must admit I ran up big debts on cc,s gambling many years ago,should never have been allowed but nobodies
fault but my own.The repayments grew to horrendous levels.Somehow I managed to get it sorted and never
used them again,My credit score is flying high now and I only bet with my own funds and within sensible
limits.This is a good move from the UKGC for a change but the report mentions a lot changes coming up
in 2020 which sounds ominous.

Shadow123, you've hit the nail on the head for me - I was also in a lot of CC trouble at one point and was truly swirling in the debt spiral, until fairly recently when I hit a big jackpot (£75Kish) - since then, I've been "Mr Sensible" when it comes to online gambling. Yes, I still use my credit cards,
(for convenience if not reluctance to give any online gambling company access to my current account via a debit card!) but I've gone from a "very poor" credit rating to "Excellent" in a little over 6 months.
Clearly, we're a couple of the fortunate ones. How many thousands of other not-so-lucky ones are there though?! There but for the grace of God and all that, eh?!
 
Then for example Revolut and others similar services you can top up your account with CC and it's then usable with your debit card, disposable or physical one.
Revolut might state in their terms that it's not to be used for gambling or something (haven't read myself) but i'm using it's virtual CC for my gambling transactions with zero problems so far.

You might want to read the terms, I use mine but mainly on Coral where I withdraw cash or to fund a paypal payment which I then withdraw to a different bank. They are completely blocked on a couple of sites, Bet365 being one. @L&L-Jan also mentioned them having problems with withdrawals to Revolut cards.
If you search the net you can find numerous reports of them blocking accounts that have been used for gambling and taking months to release funds.
 
You might want to read the terms, I use mine but mainly on Coral where I withdraw cash or to fund a paypal payment which I then withdraw to a different bank. They are completely blocked on a couple of sites, Bet365 being one. @L&L-Jan also mentioned them having problems with withdrawals to Revolut cards.
If you search the net you can find numerous reports of them blocking accounts that have been used for gambling and taking months to release funds.

Haven't have any problems with or don't know anyone who have, only heard that around internet, so keep using it until they decide to block it or something.... Quickly count, have used it to deposit and withdraw in 7 places which one didn't want to honor welcome bonus as counted it as pre-paid card for some reason (it's BIN actually is referring to pre-paid if quickly check it in internet).

edit: There are many quite similar services these days who are offering virtual debit card which can be funded with credit card within seconds so circumventing CC ban is not really hard with these.

edit2: Tried quickly to find it from T&C:s but couldn't find anything about LEGAL gambling transactions not allowed, might be that reading wrong T&C:s but under this i couldn't find anything "Are there any restrictions on using the Revolut app or Revolut Card?"
 
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I buy that 100% sure some people do leave under Curacao sunshine if £2 max bet is implemented.

That part of players who don't really don't mind if withdrawal is on your account on same day or after week.
Especially people playing board games, £2 is quite low, even for me if i for some reason decide to have few rounds of blackjack or roulette, these are often played quite much bigger stakes

So - they're going to be happy playing Betsoft and Rival garbage? I think not.
 
So - they're going to be happy playing Betsoft and Rival garbage? I think not.

For sure some decide to play table games where they still are available instead of change their max bet to £2. Many already playing Curacao places even table games still exist in UK without any max bet rules.
 
Never had a credit card in my life and I'm 31.
I have one that’s only used for holidays and certain purchases for insurance reasons, always paid in full the end of the month.
Wouldn’t dream of using it to gamble with.
Good move banning them, plenty will use them to gamble, slippery slope.
Also think the £2 cap is a good idea.
 
Haven't have any problems with or don't know anyone who have, only heard that around internet, so keep using it until they decide to block it or something.... Quickly count, have used it to deposit and withdraw in 7 places which one didn't want to honor welcome bonus as counted it as pre-paid card for some reason (it's BIN actually is referring to pre-paid if quickly check it in internet).

edit: There are many quite similar services these days who are offering virtual debit card which can be funded with credit card within seconds so circumventing CC ban is not really hard with these.

edit2: Tried quickly to find it from T&C:s but couldn't find anything about LEGAL gambling transactions not allowed, might be that reading wrong T&C:s but under this i couldn't find anything "Are there any restrictions on using the Revolut app or Revolut Card?"

The stories on the net are enough to make me wary, however Jan saying they get problems with them sealed the deal :(
 
nope dont agree at all it will do nothing to help or hinder problem gamblers, and it certainly will drive them

to devise even more ways of gettin there fix and send them to casinos that just wont care how they deposit,

pretty sick of the constant inconvenience and removal of freedoms piled upon the majority of people to

pretend there helping the 2 people who may have a problem (yes being a little facetious here as im sure its a

few more then 2 ill tell you what its not though its not the plucked out of thin air estimate of 800.000,

and breathe and relax,
 
The most if not all e-wallets can be topped up by a credit card so the ban of credit cards won't make a big difference for those who wish to gamble.

Also, it's easy to transfer a balance from a credit card to the main bank account and make a deposit from there.
 
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It will be interesting to see if e-wallet providers can implement a block for credit cards in the short timescale that we’ve been given. Unless they do, expect Skrill, Neteller, PayPal etc to all be blocked with this change.

Shall I post you a trick to get around restrictions with credit cards at e-wallets?

Supereasy. :D
 
Whilst I'm not a fan of the government controlling how we spend our money I will say £2 stake cap is great idea. Anyone betting higher has either too much money or has won big and chucking it all back.

Hopefully this also stops those ridiculous streamers do 5 or 10 spins with unlimited cash.

Why does more than 2eur bet need to automatically imply a problem gambler? If you hit big and are on a bonus for example, what's wrong with trying to go for that BIG win with an appropriate bet?

I typically almost never bet even 1, let alone higher as in a low roller. But once in a blue moon I get a decent win on a bonus and those are the times I want to try to chase even a bigger win. It's ridiculous to think someone can regulate how much money you're allowed to spend.

Not that this should affect me, being outside UK and all, but it still is ridiculous.
 
It's really good news! I think that you really don't need to gamble on money you don't have.
 
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Of course it looks great, but the £2 cap won't mean anything if players can Fast Play or stop/start the games into oblivion.

"Oh yes about that dear, I lost the shopping money playing Rocket Fellas. But it's alright, I lost it in two minutes rather than the usual five. Beans on toast?"
 
Of course it looks great, but the £2 cap won't mean anything if players can Fast Play or stop/start the games into oblivion.

"Oh yes about that dear, I lost the shopping money playing Rocket Fellas. But it's alright, I lost it in two minutes rather than the usual five. Beans on toast?"

I love beans on toast fortunately lol :cheerleader:
 
Of course it looks great, but the £2 cap won't mean anything if players can Fast Play or stop/start the games into oblivion.

"Oh yes about that dear, I lost the shopping money playing Rocket Fellas. But it's alright, I lost it in two minutes rather than the usual five. Beans on toast?"

The only real way to play DoA (when there is more than £10 in my balance lol :oops:)
 
The most if not all e-wallets can be topped up by a credit card so the ban of credit cards won't make a big difference for those who wish to gamble.

Also, it's easy to transfer a balance from a credit card to the main bank account and make a deposit from there.

In countries where CCs are restricted for gambling, Neteller and Skrill make you tick "for gambling" or "for non-gambling" purposes. The code they send to your bank is then different between the two and the transaction gets declined if you chose the gambling option. Been like that forever in my country of residence.

But there are tricks around it, as usual. :rolleyes: :D
 
In countries where CCs are restricted for gambling, Neteller and Skrill make you tick "for gambling" or "for non-gambling" purposes. The code they send to your bank is then different between the two and the transaction gets declined if you chose the gambling option. Been like that forever in my country of residence.

But there are tricks around it, as usual. :rolleyes: :D

:D...Neteller ➝ Skrill

A mad gambler instead of doing these different tricks and transactions would take all the money out of his credit card and deposit into his bank account.
 
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