credit card companies blocking deposits into bookie accounts

This is a bad thing?

its a very bad thing when you discover a great bet at a great price with one particular bookie. But to get the bet on, you need to deposit funds, and by the time you're transaction has been rejected, you've had to contact them to tell them it's not a fraudulent transaction, then allow the transaction,  THE PRICE HAS GONE

It's not even a large amount.     ****s

I mean blocking people from using their credit cards for betting.

credit cards i can agree with ,debit cards maybe not - think of it from a banks viewpoint

My post was based on heading 'credit card'

Have they blocked debit cards?

no, i doubt there would be much point

I don't think they can.  Debit card is simply to access your funds.  Credit is a different matter since it takes "approval".

my last two debit ones have been security stopped, as you say pain

yeah,security checks are done  on all manner of things

Can you not pay into paypal and then into bookie accounts?

THE BETFAIR CREDIT CARD MIGHT SOON BE ON ITS WAY ,0% UNTILL YOU PAY THE PREMIUM CHARGE

5P OFF  A LITRE  OF PETROL VOUCHER WHEN YOU SPEND £930 IN THE ARCADE

ONLY VALID FOR THE FIRST LITRE AND ONLY ON THE FIRST MONDAY OF APRIL BETWEEN 9:00 & 9:05 AM

Less mug money around if the mugs cant use credit cards.

IS IT AGAIDST YOUR HUMAN RIGHTS, NOT TO LET YOU USE YOUR CREDIT CARD FOR GAMBLING ,BUT ALLOW IT TO BE USED FOR BUYING SEX TOYS FROM ANNE SUMMERS

ITS DISCRININATION THERE MIGHT ALSO BE A RACEIST ISSUE

GAMBLERS SHOULDNT BE TREATED LIKE DEGENERATES BECAUSE THEY USE A CREDIT CARD FOR GAMBLING ,IF WEIRDOES CAN BUY SEX TOYS WITH THEIR CREDIT CARDS

actually, do wah has hit the nail on the head, Tesco, Morrisons, Sainsburys etc. sell millions of pounds worth of cigarettes, killing hundreds of thousands of people and the only time a credit card gets rejected is if there is insufficient funds.


It's a mad world.

It would be healthier to lose a couple of hundred on a horse than buy cigs with it

THEIR NOT BOTHERED WHAT HARM IT DOES US,THEY JUST WANT A PROFIT,THEY THINK THEVE GOT MORE CHANCE OF GETTING THEIR MONEY BACK OFF A CHAIN SNMOKER AND SEX TOY BUYER THAN A GAMBLER

THEIR NOT INTERESTED IN ANYONES HEALTH OR MORALS

JUST PROFIT

AND YES I HAVE HIT THE NAIL ON THE HEAD ,AND NOT MISSED BECAUSE I HAD WOOD WORKING LESSONS AT SCHOOL

Never used a credit card to deposit.

Never had a problem with depositing using ANY debit card though(and I've used 3 different bank cards).

A credit card is their money not your money, I'm ok with them keeping an eye on it.

Last time I tried to deposit to a gambling place (not to here) I had to make a phone call but I can live with that.

Exchange betting is a godsend to people trying to shift money from dodgey ripoff means if depositing isn't properly controlled.
I'm quite happy my CC company flags these things tbh.

When I was at the casino in Niagra Falls, I saw this line-up of around 8 men and women looking really depressed.

I came around the corner and the line continued for another dozen people.....all lined up at a phone that was direct to Mastercard to get authorization to use their cards

TBH I don't believe CC's are the way to go to deposit anyway?
AFAIK they now start charging that as a cash advance(???) so you pay interest even if normally
green with them end of month, so if you've the money in a proper account, use that?
Correct me if I'm wrong there, but I think that's now the case? So why use CC if you're
paying interest when you don't need to? (Unless you don't have the cash and are betting
into debt which is a bad thing, which brings us back to the CC companies being good to flag this).

Borrowing to buy into the stock market or borrowing to bet on sports.
Any real difference at the end of the day, if you don't have any idea why you are doing what you are doing ?

Result of a bet is finite.  Loosing 100% of your stock investment is possible but rare.

That's fair enough for traditional stock market investing. Many areas of financial markets can be death-traps though. I lost money far more easily when I was trading the S&P Index Futures than I ever have on Betfair. Forex wasn't such a money pit as the Indexes, but you can still get taken for a very painful ride there if you don't have your wits about you.  In terms of risk, Betfair is no worse than many forms of financial trading.

Fair enough, post, Cooee.  i agree with you (traded nasdaq for years and survived).

My post was based on how the banks think.

Sadly true. And part of the reason why the world is in such a financial mess now..

Yep, and I'm hoping that by the time seven year old shapeshifter jr hits 21, it will finally show signs of recovery