Is It Safe To Use Credit Cards While Betting Online

There is hardly anything that cannot be bought with a credit card today. Still, when it comes to betting online, banks are still extremely cautious. Their main worry is the legality of the process in question, and whether or not they are working in accordance with federal regulations, if they allow their customers to be a part of online betting. The entire gambling idea has always been a taboo in our society, which makes us question if it is safe to use a credit card account for these transactions.

Rules of your credit card provider

One thing that you need to make sure of is that whether your credit card provider will actually allow you to make an online betting deposit on your account. Many providers have issues with online betting expenses, and some do not offer you the chance to perform these transactions. However, there are other ways to make a deposit. You can have a 3^rd party transfer service. They must be of mature age, and possess a credit card that is valid and written in their name.

Is online betting legal?

The legality of online betting is coming to terms with the popularity of this activity. The UIGEA (Unlawful Internet Gambling Enforcement Act) issued in 2006 the United States was designed for federal authorities to monitor online betting operators and their actions. But, the Act was later on modified so that it didn’t prohibit betting within the states, where Nevada, New Jersey and Delaware started to offer online gambling. The most important aspect that allows online betting today is that the credit card information allows the authorities to track the sequence of transactions and to know who is benefiting from the process.

Data safety

The safety of your basic information and credit card content is the same in online betting, as it is in any other online money transaction activity. Meaning, the betting sites are risking their business if they don’t provide the ultimate safety for your credit account. Card data theft guarantees lawsuits and damage to the name, so the best online betting websites make sure that their users and their data are safe and secure. Research the site before becoming a user, if the publicity is negative, never consider betting through it.

Alternatives for US credit cards

If your credit card provider doesn’t allow you to place an online bet, or for some other reason you are reluctant to use your card, there are alternative ways. We have already mentioned betting through a 3^rd party.

Apart from this, you can try using Skrill. Skrill is a mobile phone application that is linked to your credit or debit account that numerous betting sites today allow, and through which you can make a deposit.

Another option for you to try is a prepaid card. You can ‘upload’ money on your prepaid card from any account that you possess and then use the prepaid card to pay for online betting deposits. This credit card alternative is extremely popular, that it is now possible to use a prepaid card in an actual bet, not only in an online one.

Top rated sports betting sites

Amongst the numerous online betting sites around the globe, there are several that stand out for the American Express users. The most popular Amex Sportsbooks would definitely be: BetDSI, Betonline, Sportsbetting.ag and Intertops. All of these online betting sites have a five star user rate and are acceptant of American Express deposits. Plus, none of these most popular online betting sites are settled in the United States, but in Europe and South America. Visit their home pages and you will see that they are inviting American credit card users to use their sites.