If you want to participate in online gambling without putting your financial information at risk, you should make sure that the gambling site you choose is licensed. Antigua and Barbuda are small islands that have little oversight, but Gibraltar is one of the better licensing bodies. Other countries that have high standards of licensing include Malta and Kahnawake. Some sites offer free games for practice, so you can try the games before you play for money.
Antigua and Barbuda approached the World Trade Organization (WTO) to challenge the laws and found that the United States was violating its international trade agreements. This decision allowed the WTO panel to rule against the United States and allow online gambling to continue. However, the European Union also plans to file a complaint with the WTO, arguing that the United States treats foreign businesses like criminals. This case reveals how the WTO ruling can help countries with online gambling laws.
Despite this setback, credit card transactions are still possible. Visa and MasterCard are the two most widely accepted payment methods for online gambling. These two payment methods work by letting users transfer funds from their credit cards to intermediary accounts. The money flowing in and out of these accounts is impossible to trace, so online gambling websites use these accounts to facilitate transactions. Some of these intermediaries include PayPal, Neteller, FirePay, and ECash. You should always remember to check whether your chosen payment method is accepted by the site before you make any payments.