UK Gambling Commission discontinues use of Credit Cards on gaming sites

[IanP304]

UK Gambling Commission to Ban Credit Cards April 2020 - Thoughts?

I have read an article on the BBC news website this morning that the gambling Commission are to ban the use of credit cards to bet online. Link below:

https://www.bbc.co.uk/news/business-51103006

I would like to here the thoughts of fellow CC members on this, do you think this is good or bad for poker player?

Personally although I have used credit cards to deposit in the past I do still believe this to be a great move as I have seen far too many friends take out credit cards purely to fuel their gambling addiction. Leading to ever rising unmanageable debts and ultimately in some cases severe damage to their mental health.

Initially this may prove an inconvenience for some but surely better to gamble with what you can afford and not borrow what you cant to fuel a habit, right?

 

[Psycho]

We're used to it in the USA. It's all bitcoin here for the most part.

 

[IanP304]

We're used to it in the USA. It's all bitcoin here for the most part.

Yeah I don't think it will be long before its the same here to be honest. Hope not though would prefer to stick with debit cards / neteller etc personally.

 

[Joe]

Seems like a no-brainer to me.

 

[0546474]

I think this is the right and reasonable decision !!!

 

[neart13]

I think it's good, I'm not sure gambling on credit is ever a good idea even if you can afford to pay the bill each month, debit card or an inline wallet should be enough!

 

[EvandroGatti]

The line is too thin when you use credit to fuel your gambling. Not everyone can control. Better options are available. So I think sometimes other people have to take decisions to protect those who can't. If that is the case. I did't read the article.

 

[belizebum]

As usual, because of a few people who cant control themselves, everyone suffers. For me personally, I should be able to use it for whatever I want. I pay it off. I pay the interest. We are constantly allowing governments and corporations to tell us what we can and cannot do.

 

[theRaven68]

right decision because gambling on credit is not good idea

 

[Shells]

Starting in April 2020, UK gaming operators will stop processing credit card payments as part of the Gambling Commission’s push for greater social responsibility.

Safety Takes Precedence as UK Gambling Commission Bans Credit Card Payments

 

[DS3]

It’s a farce because it does little to address the root cause.

I grasp the scale of the problem in the UK. Gambling, or rather the rampant and ubiquitous promotion of gambling has dominated British life for decades. Why not begin by curbing all the sports betting opportunities presented on every high street first? In the tiny UK there are 9,000 high street betting shops.

Big business (in this case betting) has been allowed to promote itself into society/sports in a manner that even the US does not tolerate. By way of example the US does not allow the top professional teams to carry commercial sponsorship on team jerseys. However, in the UK (and hence Europe) the Premier League has allowed teams to carry whatever sponsorship they wanted – betting companies, beer companies etc. I remember re-visiting the UK years ago and asking relatives how on earth were Premier League teams allowed to advertise alcohol or betting or fast food? With football being idolized by every kid were these not insidious and dreadful endorsements for kids specifically and society in general?

As of the2019/2020 season half the Premier League teams carry sport betting companies sponsorship logos.


How was this ever allowed? This is attempting to close the barn door after the horse has bolted.

 

[tw082]

I am not in the UK but I live in the states so no stranger to regulations. This would seem to cause a burden with players and sites alike. Although I use btc most of the time if I do deposit at my main site I do use card often.

 

[HathelFoster]

My personal motto has always been only gamble what you can afford to lose. Gambling on credit goes against that, if you don't have the money to risk in the first place then probably shouldn't be doing it?

 

[pjokay]

Think this is a very good thing. People shouldn't play with money they do not have and these kind of players must be desperate with the extra fees involved. I think this is quite a responsible move.

 

[valeski 28]

Hi.It is a good desicion of British authorities.Credit cards in poker should be banned .Debit cards are the best to control your money.

 

[GIRFIED]

Protection Measures

As part of its drive for greater social responsibility, UK passed new "responsible gambling laws" which means that UK gaming operators will not be able to accept credit card deposits.

But these measures are not new, UK lawmakers have been working to ban credit card transactions related to the game since 2017 with the desire to protect and reduce damage to consumers.

But, what about the poker rooms?

As expected, the poker rooms take steps to offer players as many responsible gaming tools as possible (for example, loss limits). And to continue using their products, poker rooms offer a variety of alternative payment methods through the use of electronic wallets or cryptocurrencies.

It is not a measure that can worry us for now, also be positive for players to "play with the money they can spend".

 

[DS3]

(this is cut and pasted from my reply in the General Poker sub forum)


It’s a farce because it does little to address the root cause.

I grasp the scale of the problem in the UK. Gambling, or rather the rampant and ubiquitous promotion of gambling has dominated British life for decades. Why not begin by curbing all the sports betting opportunities presented on every high street first? In the tiny UK there are 9,000 high street betting shops.

Big business (in this case betting) has been allowed to promote itself into society/sports in a manner that even the US does not tolerate. By way of example the US does not allow the top professional teams to carry commercial sponsorship on team jerseys. However, in the UK (and hence Europe) the Premier League has allowed teams to carry whatever sponsorship they wanted – betting companies, beer companies etc. I remember re-visiting the UK years ago and asking relatives how on earth were Premier League teams allowed to advertise alcohol or betting or fast food? With football being idolized by every kid were these not insidious and dreadful endorsements for kids specifically and society in general?

As of the2019/2020 season half the Premier League teams carry sport betting companies sponsorship logos.

How was this ever allowed? This is attempting to close the barn door after the horse has bolted.

 

[CadoARAJ]

Starting in April 2020, UK gaming operators will stop processing credit card payments as part of the Gambling Commission’s push for greater social responsibility.

Safety Takes Precedence as UK Gambling Commission Bans Credit Card Payments

Great article. This means that we will not be able to withdraw with credit card too?

 

[Shells]

Great article. This means that we will not be able to withdraw with credit card too?

I would think no credit card usage going both ways would be in place. We would have to read the withdrawal provisions to be sure.

 

[CadoARAJ]

I would think no credit card usage going both ways would be in place. We would have to read the withdrawal provisions to be sure.

I think somente. It will be dificult in brazil to make withdraws after april. I am restricted to one card right now.

 

[S3mper]

Big business (in this case betting) has been allowed to promote itself into society/sports in a manner that even the US does not tolerate. By way of example the US does not allow the top professional teams to carry commercial sponsorship on team jerseys.
.

Not 100% certain it's the government not allowing this but the companies themselves. But the NFL/NBA (idk about MLB) are partnered with sports betting or casinos.

Some NBA games even have all the sportsbetting information displayed while watching the games. We have some sports segments on ESPN or similar alternatives giving 'expert' picks based on spreads and moneylines.

 

[MattRyder]

I definitely agree that people should not use credit to gamble. And, I notice that a few people here have referred to cryptocurrency as a solution(?) That said, where I live we pay for just about everything using a credit card. I haven't written a cheque in decades (literally). I haven't used my debit card in around a decade. I'm not even sure where it is. I keep cash in my wallet just in case, but that "just in case" moment only seems to come when dropping money in a charity box or giving a handout to a panhandler. Ohh, I also use cash at the coin operated car wash, but they have credit card machines now and I wouldn't be surprised to see them transition away from the "coin operated" method of payment.

Other than that, pretty much the only thing I don't use a credit card for is gambling. I can see the day coming in the not too distant future where I would be forced to use a credit card to put money into my gambling account (if I ever needed to add money) simply because there will be no other option.

 

[makisaa]

If the addiction is a problem then this is a good move. Also there is the ability to deposit through the bank account, it is not bad. There is the web banking, which is fast too! Also there are and the electronic wallets which are easy too.

 

[gravac]

Debit card for internet payment - problem solved. You go to the bank put your 1000$ in your bank account, buy something from the web, deposit in your favorite poker site and after you're on 0$ funds you cant go in - . So if in practice this shows good in order to reduce gambling addiction then I'm fine with that.

 

[DS3]

Not 100% certain it's the government not allowing this but the companies themselves. But the NFL/NBA (idk about MLB) are partnered with sports betting or casinos.

Some NBA games even have all the sportsbetting information displayed while watching the games. We have some sports segments on ESPN or similar alternatives giving 'expert' picks based on spreads and moneylines.

Yes, sports betting companies are trying to infiltrate the media/sports culture in the US of course (stadia naming etc), but that is a world away from the Yankees or Forty Niners having betting companies emblazoned across their chests more prominent than the team logo/crest itself - and this has been the case for decades.