There are numerous online gambling sites where you can play safely and conveniently. Here’s a list of major and trusted online casino platforms, . Still, scammers won’t hesitate to get all of a gullible person’s hard-earned money in an instant! How do they do it? Here are the main ways scammers use to deceive players. By knowing what to look out for, you can protect yourself from online gambling fraud.
This is one of the most common schemes, inviting a friend and getting a reward from his wins. The more the merrier, right? Yes, and this is even more profitable for the casino owner. How? Well, casino owners control the game algorithms operation on the platforms to let a player lose more than he wins. The more people gambling on the platform, the more money they lose. Even if they play with a small bet, they still lose a part of it.
An account may claim that he has invented a certain winning formula for online casinos, usually, it involves a scientific activity or outstanding mathematical abilities to make it more convincing. He will then give out this formula for a nominal fee or gives it just by telling a casino name in which one the formula applies. Of course, someone who desperately wants to win will give in. But the proposal comes along with a link to the casino, representing secretly its interests or participating in an affiliate program. The casino gets a new player, who wins sooner or later. And the fraud receives a percent of your loss.
A different story maybe like this. An account says he found weak spots in the website’s algorithm and will share this information. He might pressure you to take the advantage while the operators are unaware of this soft spot! So you enter the link he’s given, which is actually an affiliate program. He will then receive a percentage of your loss. Or he may sell you a method that he guarantees would be a sure win, but then you end up losing and he has already sold you the technique.
Game Without Risks
Who doesn’t want to win without investing, right? So, the scammer comes to you to offer a seat or an account at a specific casino. You don’t have to do anything; you just need to bet with his money since he has no time to play. If you win, you’ll receive a few tens of dollars per day or a share of the prize. Sounds exciting, isn’t it? You have nothing to lose, but you get paid! But it’s a totally different story. If you lose the money, the fraudster threatens you to pay him back. If you win, the fraudster refuses to pay for your services and limits your access to the account. This is a win-win situation for the fraudster and the casino site, but there’s just simply no way where it works out for you.
So, what’s the lesson? If you think it’s too good to be true, then it’s because it is. and is trying to scam players, you can make the online casino world a lot safer by reporting these malicious individuals, .