Credit cards best online casino banking option for how long?
Rating:  by: player111, on February 12, 2010
Pros: Credit cards are the simplest way to deposit.
Cons: Might be a bit of down time with some online casinos as new UIGEA rules pass.
The ease of being able to make credit card deposits has always been one of the key factors in the ability for the offshore online casino gambling industry to thrive and prosper. Without the ability for online casino operators to be able to process deposits into their casinos using credit cards as an option would mean that they'd really have to rely on the use of alternative banking options like Moneybookers, NETeller, EcoCard and others. Problem is that the majority of them don't accept players from the US and the UIGEA which is going to attempt to ban players ability to make deposits into online casinos using their credit cards and all other methods more then likely. How successful such an implementation is very much debatable. The online gambling industry as far as I've seen has been one of the most resilient to any form of negative change adapting and coming up with ways to contravene any actions aimed at preventing it from thriving.
Apparently MasterCard is said to be the first that will implement any such action but I still don't see how. The whole coding system of credit card transactions as per how it all works will really need to change in order to accommodate any such enforcement of the UIGEA which I see as being unlikely and even then they'll find away around it they always do. There's lots of smart people in this industry with a heck of a lot of resources that haven't given up in the past and thus is unlikely to give up now.
It's kind of ridiculous how our Government things that they can police the internet like this especially when it's dealing with companies that don't even reside in the US. Quite frankly I think it's a load of B.S. and I'm looking forward to the resilience of the online gambling industry in my ability to continue to be able to make deposits using my MasterCard and other credit cards at the US accepting online casinos that I play at.
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Casinos Accepting Credit Cards
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It is the best because it's quick and convenient but there are undoubtedly problems with the usage of credit cards at online casinos which is kind of an issue but probably shouldn't be for very much longer apparently from what everyone is saying these days!