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What this sports betting mistake could cost you

What this sports betting mistake could cost you

With NFL playoffs kicking off in the new year, Yahoo Finance Consumer Affairs Reporter Jordan Weissmann joins Asking for a Trend with Josh Lipton to talk about one important tip for sports betters: Don’t gamble on a credit card. Credit card companies often treat sports gambling transactions as cash advances, meaning your bet comes with additional fees, oftentimes $10 per transaction or up to 5% of the total charge, cutting into your winnings.

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This post was written by Naomi Buchanan.