Dangers of Online Bets Fraud and Sportsbook Fraud

Finding an honest online casino seem like a very hard task these days, but it’s not impossible. Experts estimate that 25% of online fraud is committed through casinos and online playing. This is plenty of fraud and creates thousands of subjects.

Deceptive online bets sites or canlı bahis siteleri casinos often establish their online presence by creating elaborate sites and use pay for traffic to find their clients (victims). They don’t stay in business long, so the sites never get natural ranking on search engines or reviews or recommendations from other online bettors. They rely on pay for traffic to find their clients and a flashy site to gain their trust.

Unfortunately, consumers appear to trust companies with an increase of elaborate sites, because they think they cost a lot of money and they a company must be legitimate if they can afford such and beautiful online casino. The reality is that most of these scam sites are build using a standard template and casino software than can be purchased for a few hundred dollars.

These companies establish business in a country that has no laws regarding online playing and are smart enough to power down and start a new site before the authorities figure out their conning activities. Many times, the accounts and websites are power down before the first criticism even makes it to the hands of the authorities. The reality is, these companies can have hundreds of sites running at once and many “shell companies” hiding and protecting the real owners. This permits them to scam people over and over again without getting caught.

Not to mention, these companies know which countries will come after them for these offenses and which will not. In some cases, they authorities of the country may even be on the payroll. This makes it very difficult to catch these people. Surprisingly, the biggest scam is not the main playing or bets at all, it’s about getting the credit card numbers and private information. These con artists usually use these numbers to make deceptive purchases in order to steal the identity of the player. Instead of taking a few hundred dollars in a lost bet, the scammer now has access to 10, 000’s in good credit.

The only up-side to all of this, is that the the creditors are responsible for this type of debt, not the card holder. So as long as you report the debt in a timely fashion, you will not need to pay back the debt these con artists usually holder up. It will create a mess of your credit and you might want to spend several days or weeks straightening things out, but in the end, you should be ok.

Legitimate online casinos rely on privacy, fair chances, and word of mouth to keep their clients, and once a player finds a good online casino, they won’t need to worry about their information. Once a player has enough experience, they will see a similar return on their investment as with a normal (not online) casino that is heavily regulated.

The point is, finding a trustworthy casino can be a hard task, but once you do, your information should be well protected and you should be able to feel the same joy and excitement as you would at the tables in Nevada. Try to be careful and try to find reviews from other gamblers/betters and use websites that have already established themselves as a reputable site.

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