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Gambling Chargeback What Are The Consequences

Charging back online casino transactions is unethical!

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Charging back online casino transactions is unethical! I've heard from a few friends of mine that they've racked up large credit card debt due to playing at online casinos and what they did to handle this seemed very unethical to me. They told me that after the racked up this debt on their credit cards they'd call the credit card companies and request that these charges be reversed. They said that they managed to succeed in several cases. If you for example were to buy something keep the item that you purchased and then call the credit card company and told them that you didn't buy that item it would be considered stealing. I think that the same thing applies here... The idea that you can charge as much as you wanted on your credit card and then reverse it seems wrong and nothing short of theft. Anyways I told this to my friends and they didn't really acknowledge the idea that it's considered theft... What do people here thing about this?
Thu Jun 18, 2009 10:03 am
Re: Charging back online casino transactions is unethical! Charging back or reversing credit card transactions as related to online casinos has become a lot more difficult. Not only is it unethical but it can certainly lead to a lot of issues which I'll outline before. Working in the baking industry myself I know what some of these repercussions are both from the standpoint of the credit card companies, the banks and the casinos. 1.) If you charge back and you have a history of making credit card transactions that are related to gaming it's very unlikely that the bank will actually reverse the transaction. 2.) If you do charge back and are able to do so successfully (again very difficult to do these days) then you'll be listed as a higher risk user to the credit card companies. 3.) Casinos will definitely 100% blacklist you at the casino if you charge back and if you're luck and only if you're lucky you'd still be able to play at the casino but only by using deposit methods that are of '0' risk to the casino in terms of chargebacks. 4.) If you chargeback successfully there's a good chance that you'll be blacklisted on the entire casino software providers network. For example if you charge back at a Microgaming casino since they all share a negative database of users who have issued chargebacks in the past this information could be used to ban you globally across all Microgaming casino brands. There are several other reasons why you wouldn't want to charge back but these are merely to hightlight a few key points as to why I don't think it's a good idea to do so!
Thu Jun 18, 2009 10:17 am
Re: Charging back online casino transactions is unethical! Yeah speaking as someone with expereince whatever you do don't charge back it's not worth the headaches and hassles that it brings with it. The only time a charge back is worth committing is when the charge that has come though on your credit card genuinely isn't yours to begin with. Seriously don't do it if you can avoid it...
Thu Jun 18, 2009 11:53 am
Re: Charging back online casino transactions is unethical! Thanks everyone for your replies to my questions it's greatly appreciated... I've always felt like it wasn't worth it the whole charegback thing nor did I ever intend on issuing a chargeback myself I was merely more curious to know what people though of this situation. I definitely think it's wrong nor will I ever take such action unless the transactions I find on my credit card are genuinely fraudulent and charges that I never made to being with.
Fri Jun 19, 2009 9:46 pm
Re: Charging back online casino transactions is unethical! What the heck does a fax back form do for the casino. It's not like they can send that to a US bank. A cc user can't legally authorize a casino to deduct from their account because of the UIGEA, nor can they authorize the casino to mask the charges as merchandise purchases - that is money laundering. So what does this form really provide for the casino?
Sun Oct 18, 2009 7:47 am
Re: Charging back online casino transactions is unethical! Well my personal view on it is that it's more of a scare tactic. You are correct for transactions that are processed though the casino where they are being processed uncoded (ie. where 7995 is being bypassed) online casinos have no recourse. However the laws pertaining to the UIGEA are fairly ambiguous and because of that there are still several banks in the US that are not blocking 7995 coded online gambling related transactions. For those transactions that are processed legitimately though banks in the United States they do have recourse though the fax back form. I suppose the problem with charging back is that you never really know if the transaction is one that can be deemed legitimate or an uncoded transaction. Still my views are in line with those discussed herein. I don't think it's ethical to charge back transactions for money you did really spend. Especially when there's a chance it can come back around and bite you in the ass.
Sun Oct 18, 2009 8:29 am
Re: Charging back online casino transactions is unethical! So a copy of someones id and credit card, really won't help the casino either if the transactions are coded wrong.
Mon Oct 19, 2009 8:54 am
Re: Charging back online casino transactions is unethical! Yes that's correct however with transactions that are properly coded there is recourse for online casinos that can be taken with banks to issue legitimate claims. Since there's no way to tell for certain whether the transaction is coded or not it's really not worth it. Moreover credit card companies do not look fondly on people that charge back credit card transactions.
Tue Oct 20, 2009 6:27 am
Re: Charging back online casino transactions is unethical! I agree with what bugatto is saying here in that it's really not worth it. Especially in the long run you're really working against yourself if you make chargebacks on legitimate online casino transactions at online casinos or any other gambling type activitie

Gambling Chargeback What Are The Consequences