Anonymous asked in Games & RecreationGambling · 10 years ago

Could a online casino win a chargeback?

If you deposited money into an online casino and lost and then went to your bank and disputed the charges (I could careless about the ethics arguement) what kind of grounds could the casino use to justify stopping the charge back? I've heard both arguments and I can't see how a casino would win unless the echeck or credit charge had there name on it. I mean you can sign whatever saying you agree to whatever with them but they can't show that as proof because it would show it was a gambling site. All the charges they make are through some smoke and mirrors company to get the money anyway. Any agreement you make is with the sportsbook not the 3rd party transfer. Thats why I think after you deposit money it unsually says that "so and so" is going to appear as the charge. They do that because they don't want you to dispute it because they know they can't win the argument. For example if you bought something from Bestbuy and the charge on your card is someone other than Bestbuy you can dispute that and Bestbuy would have no grounds to defend. When you make a payment to anything you agreed to pay that party, if that party uses a 3rd party then they risk charge-backs. Anyway looking for people's thought on this topic.

4 Answers

  • 10 years ago
    Favorite Answer

    I think you've got it backwards. The bank would need a reason to think the charges were not made by you, which obviously is not the case. Even if they realize that it was a gambling website and that they are not supposed to deal with gambling websites (it is NOT illegal for you to gamble online), all they would do is prevent future transactions to that account. They would probably not give your money back.

    I suppose you could always try, but the problem is, once you tell them that the charges were not valid, YOU are committing a crime. Lying to the bank to get your money back is fraud, and you could open yourself up to criminal charges.

    EDIT: Just wanted to add, this question is probably better suited for the "legal" section, not the gambling section.

    Source(s): Professional Gambler living in Las Vegas
  • 4 years ago

    Online Casino Chargeback

  • Anonymous
    10 years ago

    He is correct, it is perfectly legal for you to gamble online, and for them to charge your bank for the transaction you made. The ONLY thing you could do to get out of paying the bill is claim fraud on the account, as in report your card lost or stolen.

    The BANK will take the loss, not the casino... I just went through a fraud claim for $40 that someone else charged to my account for a cell phone payment. It was hell and I had to prove it about 3 times. If the amount is over a certain dollar amount (around $300).. they will be looking for someone to press charges against as they will investegate the fraud.

    Source(s): Worked for BofA
  • Nancy
    Lv 4
    5 years ago

    you gmbled twice without knowing it. THers nothing yo can do noone would believe or do anything about it. Ive seen this but you gambled four hundred and turned it to 1600$ you could have left you could have cashed 1200 ot and kept playing. You gambled putting your money into a site that you arent sure is legit . any and all blame is on you. Is it possible to win 20 hNDS IN a row yes you could lose ahundred in a row. completely possible. just in the long run things will even out, but even then the house has the edge, Face it you lost u lose and your a loser for crying about gmbling losses and typically blaming someone else for yor own stupidity

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