Why Banks Decline Debit and Credit cards Deposits From Online Casinos
There was a time when it was quite easy to gamble at online casinos using your debit or credit card to make transactions, but not so anymore since the US Congress passed the Unlawful Internet Gambling Enforcement Act in 2006. Now with this new law in the making most banking institutions are declining their customers request to do any type of credit or debit card transactions pertaining to online gambling casino websites 토토사이트. It does not matter how much money is in your account, the banks are just refusing to carry out this type of transaction, even though this law has not yet been finalized.
Many of the major credit card companies do not accept transactions for online casino gambling purposes, however, there are a few exceptions to the rule, in other words there are some credit card companies that will accept these online gambling transactions, but because they usually treat these transactions as a sort of “cash advancement” be prepared to get charged a very high interest rate on you bill payment statement. For this reason more and more online gamblers and online casinos are shying away from using Credit and Debit Card payments to perform their online gambling transactions, instead they are opting for online processor services, which have become very popular in the online gambling community.
With the introduction of this new Act on Internet Gambling more and more online based processor websites are popping up on the internet as these wise people realized the need for such a service since the new law on Unlawful Internet Gambling Enforcement Act was announced in 2006. Today there are many different options for conducting deposit and payment transactions at online casinos. Some of the popular online companies offering these online processor services are; Bank Wire/E-wallet, Pre-Paid ATM, NETteller, Citadel, Fire Pay, Eco Card and Click2Pay and even though these are all web based companies and therefore available to everyone who has access to the internet, if you happen to live in the usa, depending on which online casino you happen to log onto, you may or may not be able to sign up for these services.
Whatever the outcome of the Unlawful Internet Gambling Act, and despite the banks refusal to carry out Credit Cards/Debit Cards transactions relating to online gambling, it is in the interest of the online casino websites as well as the online gambling community to find a way to work around these obstacles and ensure that online gambling will be around for a very long time to come. In the excitement of finding a casino gambling site, some people lose their heads completely and start to bet without preparation. For a few hours of fun, most end with no cash to spare, or worse, a pending legal charge. Experienced gamers learn these things over time, and unfortunately, most, after losing cash or legal hassles. For beginners in internet casino gambling, here are some basic rules that can save you from unnecessary losses and legal troubles.
The rules regarding casino gambling or any form of gambling possess a fluid nature. They are easily changed and usually, vary among states and countries. Some states allow gambling, as the case of the legal Nevada casinos. But other forms of gambling remain illegal, or at times, remain unregulated. This is especially true for most forms of online gambling. Therefore, it is one of its most basic rules to research and be informed of the rules about internet gambling in your place. The best way to do this is not by hearsay, rather, your best option is to ask the local government or authorities if gambling online is allowed or prohibited in your state. Remember that no amount of online gambling fun is worth a jail term.
If gambling online is allowed in your place, you are free to look for sportsbook sites or online casinos to start gaming. However, registration is standard procedure to start your gaming career. This usually requires personal information like bank account number, address, phone number, your email, and your name. Sensitive data like these are in danger of being intercepted by hackers or identity thieves. To avoid this, make server security a factor in choosing your casino gambling site. Reputable sites post information about their security technology in their websites. Another way is by verifying this information by asking the operators of the site, either by using an alternative email or by phone.
When you’re satisfied with their security measures, don’t register just yet. Knowing the casino gambling websites you are using and betting on gives you advantage. Read reviews about the sites or browse the sites for a genuine feel. Sites usually have an information page such as Faqs page or an “About Us” page. Most strong and established sites also offer free trials of their casino or poker software. Download these and try playing for free. Playing gives you better insight and allow you to evaluate the merits of the website. If you have several options, download their free softwares to determine which one satisfies your gaming needs.
Of course, casino gambling is also about winning. It is to your convenience if you’re informed about the pay-out procedures or banking options that your casino website offers. Pay-out delays are often caused by inefficient and slow pay-outs. Players confess that slow returns cause agitation and takes the fun out of playing. An efficient banking system also indicates exceptional customer service. This shows that the website takes your fun and convenience seriously.
Lastly, gambling online is also about fun. Knowing the casino gambling games before signing up makes you ready to enjoy the experience. Read the instructions and game rules before placing bets and playing. It is true that losing is part of the game. But, losing because you don’t have a clue about half of what you are doing is not fun and can cost you precious cash. Taking free casino gambling online tutorials and other tactics boosts the fun factor because they improve your game. Nothing is more fun than actually winning.