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  1. #1
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    Dec 2019
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    Default Involving Possible Chargeback to on Line Casino

    My question involves a consumer law issue in the State of: south carolina. I want to get my options as it relates to an on line casino and if it is possible to initiate chargebacks if I used bitcoin to make the deposit. I did purchase the bitcoin using a debit card. Any assistance would be greatly appreciated.

  2. #2
    Join Date
    Jul 2010
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    7,776

    Default Re: Involving Possible Chargeback to on Line Casino

    So you used your debit card, which isn't the same as a credit card, to purchase some bitcoin? You then used the bitcoin at an online casino? You now wish to get your money, actually your bitcoin, back somehow?

    I'm not seeing where your debit card is in any way a part of your transaction with the casino so they are unlikely to be of any help. Not that they would have been anyway since online casinos, likely hosted outside the country, are a no-no.

  3. #3
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    Sep 2010
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    Default Re: Involving Possible Chargeback to on Line Casino

    I agree with Free9man. The card transaction was not with a casino, it was with the bitcoin exchange. The only way you can win that on a debit card is if the transaction wasn't authorized. That's obviously not the case. Most debit cards don't provide dowstream protections (like failure to deliver merchandise, etc...).

    Even if you dealt directly with the casino, I can almost guarantee the credit card company would tell you to take a hike. They will offer ZERO protections on things that appear to be gambling, foreign or domestic. In fact, they aren't even permitted to engage in such international transactions, so they are not going to be sympathetic to you trying to skirt federal banking law.

  4. #4
    Join Date
    Oct 2014
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    Default Re: Involving Possible Chargeback to on Line Casino

    Quote Quoting Rstaton1109
    View Post
    My question involves a consumer law issue in the State of: south carolina. I want to get my options as it relates to an on line casino and if it is possible to initiate chargebacks if I used bitcoin to make the deposit. I did purchase the bitcoin using a debit card. Any assistance would be greatly appreciated.
    Where is the this on-line casino located? And why (apart from just losing money) do you think you might have cause to get refund from that casino?

    As for the debit card transaction, what is your reason for claiming the bank owes a credit back to your account for the bit coin you bought? The bank that issued the debit card had nothing to do with the casino, so whatever beef you have with the casino cannot be your basis for getting the bank to return the money to your account. You took the money out to buy a bit coin, which is a legal transaction. That's on you, not the bank.

    If the casino is outside the U.S. you're pretty much guaranteed that the casino will not refund your bit coin even if the casino is legitimate. A lot of them aren't, and you take a significant risk giving off-shore casinos your money. The odds are stacked against you at a legitimate casino, and you are guaranteed to lose everything at the ones that are scams.

  5. #5
    Join Date
    Mar 2013
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    17,474

    Default Re: Involving Possible Chargeback to on Line Casino

    Quote Quoting Rstaton1109
    View Post
    My question involves a consumer law issue in the State of: south carolina. I want to get my options as it relates to an on line casino and if it is possible to initiate chargebacks if I used bitcoin to make the deposit. I did purchase the bitcoin using a debit card. Any assistance would be greatly appreciated.
    Try Gamblers Anonymous and learn to control your gambling addiction.

  6. #6
    Join Date
    Dec 2019
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    4

    Default Re: Involving Possible Chargeback to on Line Casino

    Okay, take the debit card angle out of it. Any way to do a chargeback in my situation?

    Okay taking the debit card piece out of it, anyway for me to successfully do a chargeback?

    Appreciate that advice but not really what I was asking help on

  7. #7
    Join Date
    Oct 2016
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    3,542

    Default Re: Involving Possible Chargeback to on Line Casino

    Quote Quoting Rstaton1109
    View Post
    Okay, take the debit card angle out of it. Any way to do a chargeback in my situation?

    Okay taking the debit card piece out of it, anyway for me to successfully do a chargeback?

    Appreciate that advice but not really what I was asking help on
    Are you saying it was a credit card?

  8. #8
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    Jul 2010
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    Default Re: Involving Possible Chargeback to on Line Casino

    Quote Quoting PayrolGuy
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    Are you saying it was a credit card?
    I think OP's asking if there is any way to get the bitcoin back since the debit card/bank aren't a factor. There is none I can think of. OP would have to look to the policies of the online casino which I'm sure are completely in their favor. If OP hasn't actually used the credit with the casino, they might have a process in place to refund it. I'm gonna go out on a limb here and guess that isn't the case.

  9. #9
    Join Date
    Sep 2010
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    19,421

    Default Re: Involving Possible Chargeback to on Line Casino

    Why is the Casino involved? All the off-shore casinos do not take payments directly. They go through a bunch of various payment processors that essentially turn "cash advances" on credit cards or withdrawals on debits to some currency (either crypto or otherwise) and then remit it to the Casino. In fact, this is pretty much the way the domestic casinos work. You can charge your room to credit, but money for gambling is a cash advance that you then play.

  10. #10
    Join Date
    Jul 2010
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    7,776

    Default Re: Involving Possible Chargeback to on Line Casino

    Quote Quoting flyingron
    View Post
    Why is the Casino involved? All the off-shore casinos do not take payments directly. They go through a bunch of various payment processors that essentially turn "cash advances" on credit cards or withdrawals on debits to some currency (either crypto or otherwise) and then remit it to the Casino. In fact, this is pretty much the way the domestic casinos work. You can charge your room to credit, but money for gambling is a cash advance that you then play.
    I don't know all the ins and outs of it but the casino is involved because they have or had OP's money in their account and OP wants it back. Seems to me, that means they would be a proper party to be asking for the money back, depending on the full facts and their policies.

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