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. 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.

Awakening through a course in miracles is greatly supported with deep ACIM resources available online and through our various links and social media sites. It is so pleasant to work with experts. Click here to find out more regarding training. For additional local Blackjack online casino visit casino-top-uk. The professional company Thunderbolt Casino provides all the information on Thunderbolt Casino. Learn more about moon rock greenganjahome at greenganjahome.com If you are not interested in where to buy research chemicals online , then you have already missed a lot.
Posted in Uncategorized | Comments Off on Why Banks Decline Debit and Credit Cards Deposits From Online Casinos

What Are Gambling Online Sites

Gambling online sites are simply virtual locations where you can gamble. At these gambling online sites you can play games for money and also bet on others, in general you can basically perform the same activities you would normally in a land based casino. These online casinos have increased their profits tremendously because of the step of making themselves accessible via the internet eliminating the overhead of paying for a building, upkeep of the equipment and paying for employees. At present there are dozens of online gambling casinos.

These gambling online sites provide several offers, such as; if you are a member you get certain privileges. If you are worrying that it may not be the same as in a normal casino – of course it will. The concept and majority of the rules are exactly the same, the only differences would be the lack of distractions that may be present in a normal casino, keep in mind though this should be a good thing. Now there are disadvantages despite all the advantages of gambling online, so I am quickly going to highlight just a few in each area.

Let’s first start with the advantages of these gambling online sites. The first advantage would be no money needed to get a building, when comparing setting up a website to a physical structure the savings are enormous. Another advantage this would be in the favor of the gamers, they can play more than one game at a time. Also when you register with an online casino you are given a welcome bonus, now this cash could be allocated to playing, therefore the individual would not have to take their personal savings to gamble and the winnings could simply be profit.

Now let’s focus on the disadvantages of these gambling online sites. The first disadvantage is the chance of the individual becoming addicted to gambling. Another disadvantage is that anyone and everyone has access to gambling online sites once they have a computer with an internet connection, this would be particularly for teenagers as they use their parents information to gain access and gamble. Now gambling online sites have tried to put up strategies in place which would help in this serious problem but there are still those individuals who slip through the cracks. In closing keep in mind though that gambling online sites are here to stay and are constantly improving and expanding, so remember they can be fun once utilized properly.

Posted in Uncategorized | Comments Off on What Are Gambling Online Sites