In Nevada, home to the country's most mature sports betting market, most of the major sportsbooks allow bettors to fund an account or prepaid card with the sportsbook using a credit card, but this can lead to hefty fees.įor example, Stanton Casinos allows players to make a deposit on a prepaid card using a credit card, but the credit card issuer counts it as a cash advance rather than a regular purchase. Given the convenience credit cards offer consumers, most sports bettors will wonder if they can place their wagers using credit cards. How the credit card industry responds to the new legal landscape is anyone’s best guess, especially since issuers so far have largely limited how you can gamble with credit.
The ruling was greeted with jubilation by supporters around the country who hope it will usher in an era of online sports betting where residents of every state can legally and conveniently place bets on everything from the Super Bowl to NCAA squash games.