Using our credit cards for online or telephone betting is legal in this country, but there are significant variations internationally. In addition, there have been recent legislative changes abroad that will affect those who choose to gamble online. It is your responsibility to ensure that whatever you are doing is legal.
Here we outline some of the key considerations you should make when gambling online.
Important tips for cardholders for safe online gambling
• Check that your credit card issuer will allow you to use your card to gamble online.
• Check the website is secure before sending your card details. Ensure that the security icon – the locked padlock or unbroken key symbol – is showing in the bottom of your browser window. The beginning of the gambling operator’s internet address will change from “http” to “https” when a deposit is made to your gambling account using a secure connection.
• Look for gambling sites that are accredited by one of the main gambling associations and those which follow a code of conduct for responsible gambling. For more details, see the links overleaf.
• Always check your statements as soon as you receive them. If you find a transaction on your statement that you did not make, contact your bank or card company immediately. Tear up, or preferably shred, any documents that you no longer need that contain information relating to your financial affairs.
• Check whether you will be charged a fee. Some card companies will levy a small charge on gambling transactions and interest rates on any borrowings for bets or gaming may be higher than normal. This information will be clear in your terms and conditions.
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1 comment:
Well written article.
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