Most online betting sites, like online casinos and online bookies, are legit. However, due to the recent spike in demand, many newer online casinos and bookies have popped up, and scammers have also begun popping up. That said, when you want to venture into online betting, you might want to ensure that the website you’re frequently betting on is legit, or else you will have an awful time.
When it comes to scammers, there are usually different types of schemes they use on their victims. From deposit theft to delayed winnings, these schemes are used a lot on their victims, but thankfully, if you know how these schemes work, they are easier to spot.
Fake Bonus Scams
The reason why a lot of bettors like to shop for online casinos and online bookies is that it’s pretty standard for these websites to run promotions. All betting sites you see online have some sort of promotion to entice more people to create an account on their site. Of course, for fake betting sites, these bonuses are not real.
Once you meet all the requirements for the bonus, they will make it very hard for you to get it through, blaming it on the slow internet, not giving the correct information, or even saying that you didn’t meet all the requirements. Luckily, the bonuses you can have on legit betting sites are attainable. That said, there are countless legit websites that you can go to if you want to do some golf betting here on the internet.
Deposit Theft
This is arguably the most common type of online betting scam that most scammers use. For some scammers, this is the endgame, while for others, this is the first in their many lists of schemes to scam people. So how does this work? Deposit theft is exactly what it says. The casino will entice you to create an account on their website through promotions.
The most common fake promotion they use is some sort of deposit bonus. If you deposit a specific amount, they will give you free money. For the uninitiated, this sounds like a good deal. However, once you make a deposit, it will be impossible for you to get it back. After you make a deposit, they will put you in a cycle of error reports to discourage you from wanting to get your deposit back, or simply, the website itself will vanish. Their URL will be gone, and you’ll most likely give up. A few months later, they will resurface with a new name to look for other victims.
SEE ALSO: List of top online sports betting websites
Rigged Casino Games
This betting scam is quite simple. From the outside, the online casino looks legit. They have the usual casino games and appropriate RTP. However, it’s just like that initially. They will let you win a few games to make you think the casino games are fair. However, after those initial winnings, you’ll start losing more until your funds are depleted.
Soon after, you’ll realize that the games are rigged. The unfortunate part about this is that this scam is perhaps the most difficult one to determine. This is because some people would think that they just had bad luck, which is why all the losses happened when, in reality, the games are simply rigged.
Identity Theft
This is perhaps the scariest type of online betting scam. Identity theft isn’t exclusive to online betting, as there are countless cases in every part of the internet. Identity theft scam is widespread, from social media to game websites. In the case of online betting, identity thefts are usually run by fake online casinos and online bookies. They pull this off by creating a website and enticing people to create an account through various perks and bonuses.
They will then require you to make a deposit, and once you do that, they will freeze your account and blame it on errors. After that, they will require you to give your ID, proof of address, etc. Some are even as bold as asking for your card details. Once they get all this information, they will create cloned versions of yourself, complete with all the information you have given to make some purchases in your name.
Ransomware
Now, this one is one of the most awful scams out there. These scammers will create a fake website and lure you into creating an account with them. However, once you click something on their website, your computer will download ransomware. Ransomware works by freezing all of your operations in the computer. They will then hold your files and apps hostage and only let go of them once you give them the appropriate amount of money. There are few signs that you’ve downloaded ransomware if you have no antivirus or firewall on your computer, so it’s essential to always have one.
Final Words
All of these scams are scary in their own right. While some are easily identifiable, others are also hard to spot, so it’s wise to always be careful when creating and clicking suspicious links on online betting sites. It would help to only bet on reputable online betting sites to ensure your information and money are safe.
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