Originally Posted by
increasedodds
As someone who used to accept ************ for a non gambling business, let me tell you, if a customer issues a **********, they will get their money back 99% of the time. There would be times I would have a fedex tracking number and delivery signature and 800+ feedbacks on ebay and a customer would claim there was nothing in the fedex or they did not sign the package. I even had one who gave me + feedback and still won a fraudulent **********.
If you write your credit card as a customer and say: You did not make a charge, you did not receive the merchandise, the company did not provide the services, whatever.... your bank will send the ********** on to the merchant account. Your bank will give you a temporary credit and could care less.
The merchant account will send the charge back to SPortsbook asking for evidence to fight it.
Most likely sportsbook will not reply (They are a gambling company likely registered as something else) If this is the case, your credit will become permanent in a few weeks (I think 60 days)
If sportsbook replies (They wont) you will still win the ********** or very unlikely be asked for more info in which case you will again claim sportsbook stole your money and win then.
Chargebacks do not hurt your credit.
You can perform them for 180 days from your statement receipt.
You can not perform them if you paid off the charge... If your credit is $10000 and you had $2000 at sportsbook, you could pay down to $2000, but if you paid to $0 you are out of luck unless your bank is nice.
I should add, each ********** will cost sportsbook $25-100 depending on their merchant agreement, and as the merchant account gets to many, they will lock up sportsbook's bank account and close their processing.
sean