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markhs777

Using cc for online gambling

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First off I would NOT ever advocate anyone trying this. Many years ago, over 10 it was very easy to use a cc to deposit funds into an offshore casino. The transaction would show as if I was buying goods from an online merchant. I would play a few hand of $5 blackjack and request a check for my remaining balance. I would only use A plus rated casino's. Never had an issue getting a check back in a few days. Churned thousands of dollars for cc bonuses and miles. At the time FTF fees were very small.

 

Again this may be very risky business, I've been out of the loop with high limit cards for years and was wondering if the banks have closed the loophole?

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First off I would NOT ever advocate anyone trying this. Many years ago, over 10 it was very easy to use a cc to deposit funds into an offshore casino. The transaction would show as if I was buying goods from an online merchant. I would play a few hand of $5 blackjack and request a check for my remaining balance. I would only use A plus rated casino's. Never had an issue getting a check back in a few days. Churned thousands of dollars for cc bonuses and miles. At the time FTF fees were very small.

 

Again this may be very risky business, I've been out of the loop with high limit cards for years and was wondering if the banks have closed the loophole?

I'm know back when pokerstars and tilt was around before they ended us players some of my CC worked and some did not. Sinse them I have tried on other poker sites and its blocked.

if you want your card canceled

Is it against terms and condition?

 

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first, it is GAMING not gambling. Gambling is something like the stock market

 

second, some states now have within state online gaming but I believe you need to do ACH or other such transfers of funds. I used a suitcase full of subprime cash at my corner casino.

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Gambling is still a real word, it is the specific type of gaming where the player is participating in the game-- cards, dice, lottery etc-- on the basis of a wager of his or her money.

 

The gambling industry prefers to call what they do "gaming" because "gambling" has acquired a stigma.

Edited by mk_378

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Gambling is still a real word, it is the specific type of gaming where the player is participating in a game-- cards, dice, lottery etc-- on the basis of a wager of his or her money.

 

The gambling industry prefers to call what they do "gaming" because "gambling" has acquired a stigma.

 

my post did not express my sarcasm very well.

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first, it is GAMING not gambling. Gambling is something like the stock market

 

second, some states now have within state online gaming but I believe you need to do ACH or other such transfers of funds. I used a suitcase full of subprime cash at my corner casino.

Sarcasm aside, thx for the reply. Must have racked up over 200,000 miles by making deposits and cashing in and paying back the credit cards before the statements would cut. Got many CL increases for heavy usage. However that was back in the day. Was just wondering. Edited by markhs777

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I remember those days. things have definitely changed on the online gaming front.

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First off I would NOT ever advocate anyone trying this. Many years ago, over 10 it was very easy to use a cc to deposit funds into an offshore casino. The transaction would show as if I was buying goods from an online merchant. I would play a few hand of $5 blackjack and request a check for my remaining balance. I would only use A plus rated casino's. Never had an issue getting a check back in a few days. Churned thousands of dollars for cc bonuses and miles. At the time FTF fees were very small.

 

Again this may be very risky business, I've been out of the loop with high limit cards for years and was wondering if the banks have closed the loophole?

 

 

So were you Bonus hustling too?

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first, it is GAMING not gambling. Gambling is something like the stock market

 

second, some states now have within state online gaming but I believe you need to do ACH or other such transfers of funds. I used a suitcase full of subprime cash at my corner casino.

 

The stock market is the mother of all gambling. You can thank Helicopter Bernanke for that. And Yellen too. Don't forget that flowers-fungus Greenscum.

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First off I would NOT ever advocate anyone trying this. Many years ago, over 10 it was very easy to use a cc to deposit funds into an offshore casino. The transaction would show as if I was buying goods from an online merchant. I would play a few hand of $5 blackjack and request a check for my remaining balance. I would only use A plus rated casino's. Never had an issue getting a check back in a few days. Churned thousands of dollars for cc bonuses and miles. At the time FTF fees were very small.

 

Again this may be very risky business, I've been out of the loop with high limit cards for years and was wondering if the banks have closed the loophole?

 

 

So were you Bonus hustling too?

 

 

No I think he was bonus hustling period. lol

 

As far as the loophole with doing such thing again. It might work, try it report back. Thanks!

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I used to play a fair amount of online poker before the feds shut it down. Since that time alot has changed in terms of using credit cards to make deposits. Alot of bank cards will flat out reject deposits for online "gaming". Some of the casinos have found ways around this by creating some type of outside store so that the charge is coded differently.

 

As far using this to churn out CC points, I think that is a very risky business. You can pretty much only use Visa now, none of the online casinos take AMEX and very few take MC.

 

All online casinos that are stil offering play to US customers are always at risk regardless of how trustworthy or big they are.

 

The days of getting paid quickly and easily by online casinos is over. You never know when or if you will get paid at all. Huge risk if your trying to make large deposits.

 

I know B of A cards happen to allow the gambling charges because I have used mine to make Sportsbook bets but Im making small depsoists in the range of $50 to $100. If you were to put through thousands of dollars in charges I think you would risk AA from the bank.

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First off I would NOT ever advocate anyone trying this. Many years ago, over 10 it was very easy to use a cc to deposit funds into an offshore casino. The transaction would show as if I was buying goods from an online merchant. I would play a few hand of $5 blackjack and request a check for my remaining balance. I would only use A plus rated casino's. Never had an issue getting a check back in a few days. Churned thousands of dollars for cc bonuses and miles. At the time FTF fees were very small.

 

Again this may be very risky business, I've been out of the loop with high limit cards for years and was wondering if the banks have closed the loophole?

 

 

So were you Bonus hustling too?

 

 

No I think he was bonus hustling period. lol

 

As far as the loophole with doing such thing again. It might work, try it report back. Thanks!

 

 

Lol yes the good ol days before they got smart and made it near impossible.

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