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 sagame1688, 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. Online casinos, being a business with a lot of money being transacted in the internet, are ideal targets for cyber criminals all over the world. These people make their moves through ways like setting up “casinos” designed to disseminate harmful programs and social engineering. Either way, not knowing how to protect yourself from these crooks can not only dampen your online gambling experience, it can also cause massive financial losses for you.
Although it may seems far fetched, it may happen to you. There has been reports of people losing money through online poker games because the perpetrator utilized a combination of social engineering and trojans to gain unfair advantages over them in games. If it could happen to them, it could happen to you.
To protect yourself and your online gambling experience, you are recommended to participate in reputable online casinos. Reputable casinos that have received good reviews by many are more likely than not to be a safe bet that it won’t plant malicious software into your computer. If you are thinking of trying out a new online casino, make sure you have adequate anti-virus protection activated.
Also, be wary of so-called “casino game hacks” that are available for download online. More often than not, trying to play dishonestly with these programs will often result in a backlash of dreadful events such as virus infections, keylogging and backdoor planting among other things that cyber criminals can take advantage of to drain you of your wealth one way or another.