Yes, Betfair can do as it pleases with your money and your credit card company cannot do anything to help you. This is the response I got back from VISA: “Because gambling transactions give credits without an actual charge first, we do not have a debit on the VISA to chargeback. As you don’t have any proof from the merchant that you were to receive a credit, we are unable to initiate a dispute.” Truth Exposed Blog: Betfair fraud scams and/or system problems

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