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Blocked Online Gambling Credit Card Transactions More Than Just the Super Bowl

7 February 2010 by Devon Chappell
Mastercard or Visa? Who Cares!? Cut 'em up and Run!!!

Mastercard or Visa? Who Cares!? Cut 'em up and Run!!!

Yesterday, one of our blog posts was about the difficulty online bettors are likely to face today when making wagers on the Super Bowl. In the past, it was not uncommon at all to see a spike in credit card deposit declines leading up to and during the Super Bowl – call it a temporary crackdown, if you will. This time, however, the rise in credit card declinations appears to be equally – if not more – tied to the U.S. online gambling ban, aka, Unlawful Internet Gambling Enforcement Act.

In fact, on Wednesday of this week, a sudden rise in declined credit cards was being reported by U.S. online poker players. It was initially thought that the crackdown strictly applied to Mastercard holders, but as of Thursday, more reports were surfacing that the crackdown was also being applied to Visa Cards. At the time, it is still not clear just how many online gamblers have been affected by the crackdown.

The bottom line is that U.S. bettors need not go into panic mode. As has always been the case, alternative methods for making online gambling deposits do indeed exist. U.S. facing online casinos, in particular, have been very successful at finding ways to make things financially work for players, even if it means experiencing slower withdrawal processing times.

U.S. online poker players, however, may experience more hardships in getting their money through. Sites like Poker Stars, which account for the vast bulk of U.S. online poker traffic, are reporting a large increase in declined credit cards. As for sports wagers, these too are proving more difficult for U.S. bettors, namely those at the leading U.S. facing sports betting site, Sportsbook.com.

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