Quote from: Sanitough on Today at 09:36:02 AM

Other countries have probably already banned it, with the latest being Australia.

Australia publishes legislation to enact credit card gambling ban

For me, it's not the credit card system that should be blamed; it's always on the gambler. Actually, not all gamblers who use credit cards are addicted to gambling. I think only a few are addicted, so with the ban, it will sacrifice those who are responsible. It's not fair in my opinion.

Australia is saving her citizens from falling into a pool of debts, through gambling addiction. The best thing for them is this decision, because two problems are at stake here; gambling and debt addiction. How do you expect one to escape such addictions. Debt addiction is very bad to anybody, especially those who use the loan to fund gambling activities. The blame, yes, goes to the gambler, but if you have taken loan frequently, you'd notice how your life would almost depend on the loan. Even though you payback those funds. The only means of saving yourself from such problem is by terminating the source of the loans. Which method the Australian government used in saving her citizens from two addictions. It's a good thing for both those who gamble responsibly with borrowed funds, because they're at risk of accumulating debts. Playing games with credit cards are quite bad, for any player, the fun disappears immediately. If you win the money goes back to replenish the debts and if you lose the problem continues to pile up. Think deep into it, and you'll understand that banning credit card gambling is a very nice and smart move from the Australian government.

Quote from: inthelongrun on Today at 10:10:05 AM

I feel like using credit cards in general fuels spending sprees. For many years I opted not to apply and to accept bank credit cards until a friend offered me to use a card which is both my passbook card and at the same time can be used as a credit card. I am a thrifty person so I seldom use its credit card feature. Personally, it is just so easy to buy anything online or at the malls once you are using a credit card instead of budgeting the available cash in your pocket. So how much more when someone uses it to gamble. The urge to continue playing and the mindset that its interest is just a little like around 3% monthly but in reality, it is higher than a regular bank loan.

It also affects the way we save money, if a person spends using credit card, in a mall, it disorganizes savings plan. Going out with a few amount in our pocket, limits our spending, but on a credit card, it pushes the shopper to buy what they don't need and more. Same is applicable to gambling, continuously playing with credit card doesn't help the gambler by any means. S/he would spend more time chasing losses, expecting to hit big and balance their debts.