• Zoltar

    Long ago, my father in law said to my wife: “Banks are not your friend, they are the enemy.” Nothing has changed.

  • Vernon

    Why would any credit card company opt out when credit is determined by your ability to pay? Many players use debit cards so there’s no risk to the card company. The only thing I can think of is there’s an agenda by government and those company’s that opt out to force their will on people that gamble. There’s no way in hell these do good extremists will stop people from gambling. To put the squeeze on horse racing at this point is unseemly to say the least. Any company that “opts out”, I’ll sure as heck tear up their credit card. They better fix this problem real quick!

  • KY Horseplayer

    The banks aren’t your enemy. The Federal Government is your enemy (unless you suckle the government teet.) Their vast overreach into our lives has to stop. If I want to gamble, I should be able to gamble. I don’t use a credit card to play the horses, so this doesn’t directly affect me. But with other players not able to deposit funds, that affects the pools. Which WILL affect me. The federal government needs to get out of our lives. The more they legislate, the more unintended consequences are forced upon the American people.

  • Ian Meyers

    It is a temporary glitch as far as ADWs are concerned, no more than that. Most ADWs are now working with their merchant processors to straighten this out. As referenced in the article UIGEA does NOT apply to lawful account wagering activities.

  • Shannon

    I tried to deposit money into my ADW on Preakness day, and I was declined. The message said something about the state I was in (KY) and the banks/institutions (I tried my VISA and debit card). I was able to deposit into my poker account that weekend.

    Haven’t tied either lately and don’t plan to. No betting on the Belmont for me.

  • Memchuck

    It is amazing how the law was put into place to stop the funding of off shore sites such as the poker sites and instead it stopped ADW’s which are legal under not only the Interstate Horse Racing Act but several other acts as well.

    Tells you how screwed up our government is but more importantly how screwed up our banking institutions are and how ignornant they are of the laws in the US.

  • http://www.myspace.com/bobgrant3 BombsAwayBob Grant

    TVG has been running a promo for their “New” TVG Gift Cards. The deal was, buy Two $75 Cards, & they will depsosit $25 into your wagering account. Early May i decided i’d give myself an early B’Day gift, & buy two to fund my acct. when busted. Every time i tried to punch in C.C. info, it said my address didn’t match my C.C. address on file (it did, to the point i got their bill, to make sure it was EXACT).
    A few days (& 77 TVG promos for the Deal) later, i called TVG directly to find out WHY my purchase was being refused. An operater at TVG said THEY would enter the C.C. info for me to purchase Two $75 GiftCards. Three times he entered my info, only to get the same (incorrect address) notice. At THAT TIME, the TVG operator said,” Well, i guess your C.C. company isn’t accepting the transaction, considering it a gambling transaction” (I thought that was the whole idea of TVG selling a “Gift Card”, to circumvent the new law).
    Lo & Behold, a month later, a credit card bill comes in the mail. Listed are not one, not two, but THREE TVG Gift Card Transactions of $151.45 EACH ($1.45 shipping), along with THREE $10 Cash Advance Fees, & almost $5 in interest from the card purchases…
    The CARDS that were never mailed to me because my “address” was rejected by the card issuer.. NOW i have to go thru Two months of B.S. & hours on hold with my phone trying to get the issue resolved… WHAT A Clustertuck!!!

  • Garrett Redmond

    And some people want the US Government to get further into our business !!!!

  • john greathouse

    GR
    Maybe the first time you and I agree LOL

  • Allie Sheba

    It’s Bush’s fault.

  • Barb Dwyer

    Not to sound like an advertisement for them – but twinspires.com uses the ez money deposit system. It instantly transfers the money from your bank account so there’s no worry about your credit or debit card being declined.

  • http://www.boeschlawgroup.com/ Jay

    Doesn’t make any sense that they would target horse racing and not online gambling??!!

  • Mountaineer

    “Get the government out of my life” has come to mean get the Obama government out of my life. Guess what? The “government officials” who want to limit your betting horizons are republicans, tea baggers and fundamentalists afraid your going to have some fun.

  • Don Reed

    Can’t feel any compassion for people who use credit cards – in any way, shape, or form in the context of gambling – who have been given the bum’s rush by their cc issuers.

    (And how many of them belatedly found out that their wagering choices would have been a disaster? Did we hear their testimony?)

    Bet with cash. Period. When you run out of it, you don’t run out of luck – you’ve just been given enough to get home in one piece.

  • Don Reed

    Can’t feel any compassion for people who use credit cards – in any way, shape, or form in the context of gambling – who have been given the bum’s rush by their cc issuers.

    (And how many of them belatedly found out that their wagering choices would have been a disaster? Did we hear their testimony?)

    Bet with cash. Period. When you run out of it, you don’t run out of luck – you’ve just been given enough to get home in one piece.

    Post Note: If this isn’t an oversimplification, it appears that – in the context of the above article – the following traps, distractions, deadwood, and irritations can be avoided by using cash at a racetrack:

    The Unlawful Internet Gambling Enforcement Act;

    The Interstate Horseracing Act;

    Licensed and legal ADW companies;

    Banks and credit card companies;

    National Thoroughbred Racing Association;

    Alex Waldrop;

    Peggy Hendershot;

    “Bugs in the system”;

    “Process of education”;

    “Listings/files on gamblers”;

    “Credit limits”;

    And “defaults on payment rates.”

  • http://Paulickreport TSR

    I blame the NTRA for doing nothing again, they take money from horsemen groups around the country, they take money from race tracks around the country but less and less lately and pay huge salaries to do absolutely nothing for either group in 10 years. Churchill pulling out is the beginning of the end for this group, they can move on to representing the online poker players just take a dollar from each one of them and they can keep there fat salaries.

  • Concerned Observer

    Damned right. It’s all the governments fault. Get the government out of my life. I don’t want no damned FAA checking the planes I fly on. I’m tired of the government getting in the way of me getting the drugs I want. That safety crap of the food and drug administration is just a ruse to keep good stuff away from the people. Get rid of the weather service. i DON’T NEED NO JACKASS IN LOUISVILLE TO TELL ME IF IT IS RAINING! As for the oil in the gulf, If the damned government would have gotten the hell out of the way, and cut the taxes on BP and business this whole thing would not have happened. It’s the governments fault. We don’t need no stinkin’ government. Badges. I aint got no stinkin badge, I don’t need no stinkin badge. Where the hell is my unemployment check? It”s three days late. Damned government screwed up the postal service.

  • bookiebuster1

    How about use a green pack money card? Folks there are many other ways to fund your account beyond a credit card. For now i wont even get into the “responsible way to use credit” because that might be a bit much for some who also defaulted on their car and home loans recently :) People forget its all connected and gambling debt is BAD debt period.

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