Can You Use a Credit Card for Sports Betting?

A possible win and the ease of your phone make sports betting apps a gambler’s dream. But what about account funding? Do you just swipe your credit card to win at betting? Unfortunately, the solution is more complicated. Credit Card Approvals and Rejections Sports betting applications may take credit cards, but not always. The reason is: Credit Companies Policies Credit card companies often forbid gambling. To protect you (or themselves from debt), they may deny the transaction as a high-risk activity. State Regulations Some states limit sports betting payments. Regulations may restrict the transaction, even if your card issuer allows… ( Read More )