Bettor Be Warned: Don’t Use Credit Cards to Fund Sports Betting Accounts
With Missouri slated to enter the sports betting fray at some point next year, and assuming no other states legalize and launch online sports betting in 2025, approximately 30 states and Washington, DC will offer true mobile wagering that doesn’t require a visit to a brick-and-mortar casino. The Consumer Financial Protection Bureau (CFPB) warned sports bettors against using credit cards to fund mobile wagering accounts. (Image: Pinterest) Nevada is “the offender” on that front, but the reality is anywhere from eight to nine of every 10 sports wagers in the US is placed via a computer or mobile device, and bettors love the convenience. They should, however, be wary of …