Using online services such as shopping and streaming services often requires the use of credit cards. And online gambling – which has become increasingly popular in recent years – is no different.
Of course, time and time again we are warned about being cautious when using our cards to make payments online and online casinos are no exception. With that in mind, let’s look at a few factors you should be wary of when choosing an online casino to wager on using your credit card. You may be surprised to learn that there are many more dangers of using credit cards than you can avoid. Here are some of the biggest:
Payout Times
Using your credit card when wagering can be seen as easy and hassle-free at first glance – but many times the payout and deposit times are ignored by players, which leads to disappointment. This is especially true when the card of choice with said casino has extremely long payout times, so always make sure you are aware of the payout times before heading over to play.
Card Fees
There are common credit card fees which you can avoid with careful planning but, unfortunately, this is not always the case. If you make a withdrawal or a deposit, be aware that there may be costs associated with it. Some credit card casinos impose a fixed cost of 3%, while others don’t charge any fees at all to players. So before you proceed, be sure to thoroughly read the terms and conditions in the banking section.
Shady Casinos
Choosing a good casino is easier said than done with the sheer number of online casinos available. That being said finding a list of reputable out of state credit card friendly casinos is essential before heading over to play because they ensure a fun and hassle-free gambling experience while also providing detailed and useful information regarding different casino options, bonuses and promotions. Taking your time to choose a good casino is a sure way of making the most out of your time, in our experience rushing to the first casino that pops up is generally a bad idea.
Limited Game Variety
Depending on what sort of games you prefer to play it might be better to choose one online casino over the other. Let’s say you strictly play slots; there’s no reason to pick an online site that provides live dealer tables as its main feature if it means they’re offering fewer slots than a casino site thats more focused on slot machines.
Poor Customer Service
Before using your credit card one should make sure your online casino of choice provides good customer service. This is especially true for offshore online casinos – not because they aren’t trustworthy, but rather due to the opening hours. Customer service with 24/7 support is always your best option, but if the casino doesn’t offer 24/7 support, then make sure they’re at least open during the time period you plan to wager in.
Weak Security
All websites – whether they are casinos, shopping sites or whatever – constantly require data to be sent back and forth between the user and said site. And data can be used for a number of reasons – even malicious ones. This is why you should only use casino sites that take their customer’s data seriously. So make sure you preferred online casino is using data encryption technologies such as SSL encryption before taking any further steps.
Unlicensed Sites
With the I-gaming sector going crazy many new sites are coming to light. That being said not every site has good intentions for its players; in fact, many are Ponzi-scheme sites that are ready to scam any unfortunate gamer that lands on them. The good news is licensed sites are less likely to be Ponzi schemes as they must adhere to strict ongoing checks ups while maintaining the guidelines and restrictions of a said authority site. Checking for license badges can be a quick and easy way of making sure the site adheres to basic honor principles with its clients.
Conclusion
Just as you should look at financial tips when you are a teen/in your twenties, it’s also ideal to do your research on online casinos before heading straight over to play for real money. After all, it’s obvious that the popularity of online casinos means they aren’t disappearing anytime soon – and neither are credit cards.
Photo Credit: stock photo
Shane says
Stay away from online roulette and keno. Your best best is always blackjack. Ask me how I know.
Len Penzo says
I can only imagine, Shane. Hopefully you didn’t pay too much for the education.