Online Gambling Chargeback

My question involves collection proceedings in the State of: Ontario, Canada
I really need some help and advice. I am from Canada and have been playing at an online casino for about 2 years now (located in Gibraltar I believe), I have won and lost money, made deposits by visa with 3rd party companies (swiftvoucher, PayR) as this is what the site uses in order to launder the money in I assume .....and I have also requested withdrawls (bank transfer) and got paid. Never had any problems. Well a few days ago I really messed up and the chronic gambler in me kept losing and losing and before I had realized what was even going on I had lost about $25,000 at blackjack....something is very wrong with me. I have no way of paying this amount back and am very desperate so I immediately cancelled my credit card before the charges were processed (I am assuming that they will still go through on the new card?). My next option would be to call my bank/credit card company(Visa) and dispute the charges saying that I didn't authorize the transactions....and say it wasn't me who made them this time. Would this work? Would they know what I am lying as all the previous purchases went through and were not disputed (for almost 2 years). These current deposit amounts however are way higher then anything I have ever done. Would my bank believe me? And if they found out I was lying what would happen? Most of my previous purchases were through swiftvoucher with only the last few days being the PayR option. What other questions would they ask me or would I need to sign any paperwork on the issue? How do disputes work with online gambling sites.....I have looked around the forum and see that it has worked for some people.....but their amounts were a lot smaller then $25,000. I have nobody to help me or nowhere to turn to to get the money. Could anyone with experience please help me as I am very desperate and have been having thoughts about hurting myself if I cant find a way out of this....please help.

In such a case, the online gambling merchant can almost surely count on being in the losing position, as the law is decidedly on the consumer’s side in such instances. And, once the online gambler realizes that they got away with friendly fraud the first time around, they are twice as likely to file for a chargeback.
Scott Stone December 19, 2017 Chargebacks 1 Comment As 2017 is coming to a close we wanted to take a look back on what our blog has covered throughout this year. Below is a collection of our most popular, most helpful, best researched articles of 2017.

Online Gambling Chargeback

I heard someone once say that an online gambling site trying to collect or report you to a credit agency is like a drug dealer trying to collect if you don't pay. They can't go to court and admit they are a drug dealer to get you to pay. It just doesn't work that way because dealing drugs is illegal, just like online gambling in the US.

Online Casino Chargeback 2017