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by RL_Quine 1306 days ago
Feels sort of nonsensical honestly. Credit card anti fraud is entirely reactionary, there’s no magic bullet, you’re just papering over the cracks of an absolutely broken payment system. Every service will see different fraud, it will always be changing, there’s no one fits all solution. Very frequently the “rules” of the systems aren’t solid and everybody trying to exploit them knows that.
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It piqued my interest enough to google it and it seems like it’s actually a notable thing in the online betting world and is indeed fairly sophisticated and purpose-built.

One example blog post: https://csgobetting.com/iesnare-how-youre-being-made-paranoi...