Can You Get Money Back From Gambling Sites
admin 4/12/2022
My question involves a consumer law issue in the State of: New York
Hello and thank you in advance for any responses and advice.
I'm Michael and I'm from NYC.
I was contacted by an acquaintance I used to speak to on social media, if I was interested in betting sports online. I was interested and deposited over a few weeks into PayPal accounts using the friends and family option to the betting sites owners accounts. Before starting to bet he sent a form over to sign, that was an authorization form saying I received financial consultation and that the payments to the PayPal email was all legitimate. I never truly received any type of financial consultation since it was all for online gambling.
I ended up losing over $10,000 and I had about $500 left in my account, and he said the website is having an issue that they're moving all the accounts to another website they've partnered with. I ended up having about $300 in the account after a week or so, when the guy said he has to either cash me out or move me to another place due to the acquaintance of mine having issues with his account. He moved me to another betting site with the money I had left in my account. Now, I did some googling afterwards, and found out that that website has a few negative reviews. Especially recently, by another member stating that he had gotten scammed by the website where they took his money and ran, even the winnings th and another website reporting from a few people that it was a scam website. So, what I believe happened was even if I won I wouldn't have gotten anything paid to me.
So I decided to call PayPal and they said they can't help me there since the deposits were sent by friends and family option which PayPal has no protection for the sender. They told me to call my bank, which I did and they said they'll be investigating it, where they made me send screenshots of the chats between the site employee from Twitter messaging, (where I deleted a few of the messages) along with the deposits made and them basically saying that it was a fake PayPal I sent the money to.
Another day passes and a guy contacts me on Twitter and says that he was also kicked off the site, and that he feels like we all got scammed. I spoke a little to him, and he decided to send part of our chat to the email of the guy who kicked us all off to try to scare him by saying he'll report it to the bank as well.
He then tells the guy to tell me that he sent the chat to PayPal and he has the form (which wasn't even close the the signature on my drivers license) and will win the chargeback. He then tells the guy that he Intends to file falsifying evidence and fraud charges against me.
If he's US based, how is he running a gambling operation? If he's Europe based as he claims, don't you have to be in NY to press charges? But then isn't it illegal for the credit card company to process the deposit to the company? Then again, isn't the UIGEA forbidding US people to play?
If you’re worried about how much you're spending on gambling, then there is lots of support out there to help you. Including banks.
What Tools Do Banks Provide Their Users?
Debit cards are one of the safest ways to make transactions for real money gambling. You can only spend money that you actually have, making you less prone to get carried away and over spend in. Unless the merchant has been approved by PayPal, account holders may not use PayPal to send or receive payments for any form of gambling activities, including but not limited to payments for wagers, gambling debts, and gambling winnings, whether conducted online, in person, or through any other means of communication. Another good reason for giving gambling a try is the ease with which you can get started. You really don’t need to know much to play in a casino, place a sports bet, or take part in a poker game. There are a few basic concepts you’ll have to understand, but nothing is overly complicated. If you want to be.
format_quoteThe block is designed to prevent problem gamblers from betting money which they can not afford to lose.format_quote
Can banks block gambling transactions? We run through the major UK high street banks and outline what services they provide to their at-risk customers.
Many banks are now working on plans to help customers restrict their spending on gambling, offering gambling blocking solutions, with some banks allowing customers to 'turn off' payments to certain types of retailer, including gambling services.
What is the Gambling Block?
While each scheme operates in their own way, fundamentally they all work the same. The gambling block is a feature that allows you to block your bank account/bank card/credit card from being used for gambling transactions.
Which banks offer a Gambling Blocking Services?
Royal Bank of Scotland
Offers a card locking feature to customers which include a blocker specifically for gambling transactions.
Learn more about the Royal Bank of Scotland's services below.
Lloyds Bank
A feature within their banking app, which lets customers quickly freeze and unfreeze different types of transactions on their debit or credit cards. As well as offering their customers access to Gamban.
Learn more about Lloyds Bank's services below.
Halifax
Offers customers various useful tools and support such as; financial tracking, personal support and advice and access to Gamban licences to block online gambling.
Learn more about Halifax's services below.
Bank of Scotland
Offers a card freezing feature, which, include a blocker specifically for gambling transactions.
Learn more about the Bank of Scotland's services below.
mbna
Allows customers to keep track of their bills and spending by using their Online Card Services.
Can You Get Money Back From Gambling Sites For A
Learn more about mbna's services below.
HSBC
Allows customers to voluntarily add or remove gambling restrictions on their debit cards or credit cards (including Pay by Bank app). HSBC also offers a 'Cool Off Period', this means that customers can opt to lift the gambling restriction, but transactions will still be declined until the 'Cool Off Period' has completed.
Learn more about HSBC's services below.
Monzo
Allows customers to block gambling transactions on their Monzo account, straight from the app. To turn off the block, customers will need to talk to Monzo's customer support team. Where they'll ask questions to see if their situation has changed since first switching on the restrictions.
Can You Get Money Back From Gambling
Learn more about Monzo's services below.
Starling Bank
Allows customers to block online payments, including gambling transactions, easily from their banking app.
How To Get Money Back From Gambling Sites
Learn more about Starling Bank's services below.
Natwest
Offers customers a card locking feature, which includes a gambling transactions blocker, within the banking app.
Learn more about Natwest's services below.
Barclays
Allows customers to block debit card payments to certain types of merchants, including gambling websites and apps, within their banking app.
Learn more about Barclays' services below.
Santander
Allows customers to block specific transaction types without freezing their Mastercard entirely (iOS devices only, coming soon for Android).
Learn more about Santander's services below.
Why are banks doing this?
Can You Get Money Back From Gambling Sites Online
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People who have gambling problems and decide to stop can choose to self-exclude from gambling, use software to block online gambling sites and self-exclude physically from betting shops and casinos. While these are all helpful ways for people to get support, many banks believe they can do more to support self-exclusion too.